Sectors & Industries HealthcareDrug Manufacturers - Specialty & Generic
Best Pharmaceutical Stocks to Buy Now (2024)
Top pharmaceutical stocks in 2024 ranked by overall Zen Score. See the best pharmaceutical stocks to buy now, according to analyst forecasts for the drug manufacturers - specialty & generic industry.

Industry: Drug Manufacturers - Spec...

Overview Zen Score Price Valuation Financials

Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
KMDA	KAMADA LTD	$313.55M	5.50%	3.70%	4.45%	11.80%	0.39	4.25	40.40%	8.30%	9.11%
PCRX	PACIRA BIOSCIENCES INC	$1.47B	8.30%	4.50%	7.78%	9.10%	0.78	5.81	73.10%	10.30%	16.99%
NBIX	NEUROCRINE BIOSCIENCES INC	$14.28B	17.50%	12.10%	17.20%	19.50%	0.46	2.52	98.00%	18.70%	23.94%
LNTH	LANTHEUS HOLDINGS INC	$5.62B	61.10%	29.00%	38.47%	55.10%	0.94	4.84	64.00%	33.70%	44.90%
AMPH	AMPHASTAR PHARMACEUTICALS INC	$2.09B	24.80%	10.30%	16.62%	20.70%	1.34	2.18	54.30%	22.90%	32.43%
COLL	COLLEGIUM PHARMACEUTICAL INC	$1.10B	46.80%	8.00%	31.32%	36.00%	4.02	1.21	60.00%	16.50%	36.89%
ANIP	ANI PHARMACEUTICALS INC	$1.34B	7.90%	3.80%	8.60%	11.20%	0.97	3.95	62.70%	6.60%	12.93%
HCM	HUTCHMED (CHINA) LTD	$3.65B	15.00%	8.70%	12.10%	19.90%	0.73	2.72	54.10%	12.00%	12.65%
SCYX	SCYNEXIS INC	$91.05M	122.00%	73.70%	114.28%	115.70%	0.60	3.72	89.00%	72.20%	74.00%
SIGA	SIGA TECHNOLOGIES INC	$561.87M	52.00%	39.50%	60.72%	228.70%	0.47	3.05	87.30%	50.50%	65.09%
ZTS	ZOETIS INC	$79.26B	48.40%	16.90%	25.91%	24.50%	1.84	3.33	70.00%	27.40%	36.90%
CRON	CRONOS GROUP INC	$1.15B	-5.10%	-5.00%	-10.57%	-24.80%	0.03	28.19	14.50%	-61.30%	-122.20%
ITCI	INTRA-CELLULAR THERAPIES INC	$7.02B	-18.50%	-15.30%	-17.95%	-22.10%	0.25	5.12	92.80%	-21.60%	-21.38%
RDY	DR REDDYS LABORATORIES LTD	$11.54B	21.40%	14.70%	26.18%	31.30%	0.39	2.41	56.70%	18.30%	25.13%
ALKS	ALKERMES PLC	$4.14B	34.10%	19.90%	22.49%	26.30%	0.69	3.20	85.30%	25.20%	21.69%
TLRY	TILRAY BRANDS INC	$1.64B	-10.50%	-8.20%	-8.00%	-24.00%	0.26	1.92	28.00%	-47.40%	-41.82%
PROC	PROCAPS GROUP SA	$291.09M	269.40%	11.00%	19.66%	13.40%	11.68	1.47	55.00%	12.60%	14.03%
DCPH	DECIPHERA PHARMACEUTICALS INC	$2.20B	-52.40%	-40.00%	-56.29%	-59.10%	0.33	4.19	97.00%	-108.90%	-108.62%
ZOM	ZOMEDICA CORP	$180.31M	-14.80%	-14.00%	-16.27%	-32.30%	0.05	11.50	67.80%	-141.60%	-147.67%
SBFM	SUNSHINE BIOPHARMA INC	$885.13k	-21.00%	-16.30%	-18.23%	-132.80%	0.29	4.48	34.60%	-18.70%	-16.49%
PAHC	PHIBRO ANIMAL HEALTH CORP	$728.25M	4.80%	1.40%	5.60%	3.90%	2.63	3.16	30.30%	1.30%	4.43%
ETON	ETON PHARMACEUTICALS INC	$93.77M	5.70%	2.90%	3.50%	-38.90%	0.99	1.59	67.20%	2.60%	1.54%
HLN	HALEON PLC	$38.65B	6.40%	3.00%	6.57%	17.00%	1.04	1.04	59.70%	9.30%	17.11%
PBH	PRESTIGE CONSUMER HEALTHCARE INC	$3.24B	13.40%	6.30%	10.72%	22.40%	1.01	3.20	55.50%	18.60%	30.50%
ACB	AURORA CANNABIS INC	$362.16M	-28.90%	-16.90%	-17.66%	-23.50%	0.50	3.79	36.70%	-53.70%	-46.95%
DVAX	DYNAVAX TECHNOLOGIES CORP	$1.48B	1.50%	0.90%	1.57%	1.50%	0.60	15.20	80.30%	3.90%	6.19%
TLPH	TALPHERA INC	$19.54M	-96.00%	-63.00%	-54.05%	-130.30%	0.76	5.97	100.00%	-2,181.10%	-2,111.06%
EOLS	EVOLUS INC	$857.76M	N/A	-31.90%	-24.56%	-34.80%	11.26	3.21	69.30%	-27.30%	-20.05%
UPC	UNIVERSE PHARMACEUTICALS INC	$9.15M	-14.30%	-10.90%	-9.34%	-8.80%	0.35	2.68	31.90%	-19.10%	-11.43%
TXMD	THERAPEUTICSMD INC	$24.45M	-25.30%	-15.60%	-21.06%	-25.90%	0.47	1.78	100.00%	-617.90%	-625.69%
TKNO	ALPHA TEKNOVA INC	$77.56M	-40.10%	-27.70%	-31.03%	-32.60%	0.45	5.52	27.40%	-97.80%	-95.79%
EGRX	EAGLE PHARMACEUTICALS INC	$61.69M	5.00%	3.00%	11.08%	19.30%	0.61	2.16	69.80%	4.60%	13.69%
ORGO	ORGANOGENESIS HOLDINGS INC	$377.83M	2.10%	1.30%	3.39%	3.60%	0.65	2.74	75.10%	1.30%	2.92%
OPTN	OPTINOSE INC	$145.82M	N/A	-30.80%	-21.43%	-37.00%	-1.84	2.48	89.00%	-41.50%	-14.76%
YCBD	CBDMD INC	$2.75M	-228.60%	-130.20%	-284.21%	-220.60%	3.71	1.07	62.70%	-118.90%	-100.26%
PRGO	PERRIGO CO PLC	$4.10B	-0.20%	-0.10%	0.59%	0.80%	1.27	1.81	35.70%	-0.20%	1.18%
SUPN	SUPERNUS PHARMACEUTICALS INC	$1.60B	-1.70%	-1.20%	-0.51%	-2.20%	0.40	1.73	87.20%	-2.60%	-0.85%
CLVR	CLEVER LEAVES HOLDINGS INC	$5.26M	-57.40%	-45.30%	-69.93%	-69.30%	0.29	2.40	37.60%	-102.80%	-102.11%
QLI	QILIAN INTERNATIONAL HOLDING GROUP LTD	$25.60M	-16.20%	-13.40%	-17.18%	-20.50%	0.16	5.18	3.80%	-16.70%	-16.48%
TARO	TARO PHARMACEUTICAL INDUSTRIES LTD	$1.59B	2.60%	2.10%	4.16%	4.90%	0.22	3.60	48.00%	7.50%	12.17%
EVOK	EVOKE PHARMA INC	$4.04M	-4,897.70%	-78.40%	-189.52%	-208.80%	2.56	1.39	96.00%	-116.80%	-108.55%
ESPR	ESPERION THERAPEUTICS INC	$490.70M	N/A	-33.40%	-13.38%	-5.40%	-2.27	2.22	81.90%	-37.70%	-12.14%
RMTI	ROCKWELL MEDICAL INC	$52.75M	-46.10%	-17.40%	-16.98%	-21.40%	1.46	1.79	10.60%	-9.70%	-7.01%
INCR	INTERCURE LTD	$143.33M	-13.00%	-7.10%	-7.13%	-10.20%	0.72	1.85	29.60%	-17.40%	-11.25%
PETQ	PETIQ INC	$589.38M	3.20%	0.80%	6.07%	6.00%	2.70	2.42	23.70%	0.70%	3.75%
AQST	AQUESTIVE THERAPEUTICS INC	$298.61M	N/A	-37.90%	-16.46%	-15.30%	-4.57	6.28	60.20%	-55.90%	-35.62%
HUGE	FSD PHARMA INC	$12.74M	-70.80%	-53.80%	-85.42%	-183.50%	0.33	2.34	N/A	N/A	N/A
RDHL	REDHILL BIOPHARMA LTD	$18.47M	-103.20%	26.30%	331.98%	-103.30%	10.14	0.84	47.00%	366.20%	193.45%
DRRX	DURECT CORP	$29.30M	-216.60%	-50.40%	-180.15%	2,681.10%	3.36	1.05	80.60%	-279.80%	-248.59%
AYTU	AYTU BIOPHARMA INC	$16.48M	-40.50%	-10.30%	-27.92%	-1,259.20%	3.19	0.85	65.30%	-14.60%	-13.45%
HROW	HARROW INC	$571.77M	-54.60%	-11.20%	-3.29%	-3.90%	3.89	3.01	69.80%	-22.60%	-6.02%
GHSI	GUARDION HEALTH SCIENCES INC	$11.07M	-77.30%	-42.10%	-56.06%	-139.60%	2.05	8.17	43.40%	-42.50%	-42.46%
AVDL	AVADEL PHARMACEUTICALS PLC	$1.53B	-149.60%	-85.20%	-122.78%	-128.30%	1.14	2.85	95.70%	-284.40%	-267.39%
DERM	JOURNEY MEDICAL CORP	$72.45M	-32.80%	-6.00%	-8.47%	22.40%	4.14	1.21	66.20%	-5.20%	-2.93%
SXTC	CHINA SXT PHARMACEUTICALS INC	$786.08k	-141.60%	-76.90%	-254.41%	-270.50%	1.87	1.47	3,703.20%	-47,248.60%	-45,814.74%
PTPI	PETROS PHARMACEUTICALS INC	$3.84M	-196.10%	-62.10%	-44.13%	-85.30%	2.01	1.60	69.90%	-435.90%	-179.55%
ASRT	ASSERTIO HOLDINGS INC	$97.03M	-185.10%	-98.40%	-131.82%	-426.70%	1.10	1.87	77.00%	-234.40%	-175.87%
BFRI	BIOFRONTERA INC	$5.55M	-1,217.20%	-74.80%	-201.54%	-312.00%	-4.88	1.44	49.00%	-69.40%	-63.88%
FLGC	FLORA GROWTH CORP	$16.66M	-645.00%	-204.10%	-1,159.29%	-830.70%	6.74	1.13	21.70%	-75.00%	-76.81%
EBS	EMERGENT BIOSOLUTIONS INC	$276.16M	-76.20%	-29.40%	-39.56%	-32.50%	1.72	1.08	41.20%	-47.70%	-39.16%
INDV	INDIVIOR PLC	$2.37B	19.40%	0.30%	7.43%	16.30%	144.30	0.93	82.80%	0.40%	3.91%
ALIM	ALIMERA SCIENCES INC	$171.83M	-49.80%	-14.70%	-6.91%	-10.40%	2.75	2.62	86.50%	-25.10%	-10.09%
VTRS	VIATRIS INC	$13.12B	-0.30%	-0.10%	1.64%	2.30%	1.37	1.67	41.70%	-0.40%	4.23%
CYTH	CYCLO THERAPEUTICS INC	$39.20M	-2,741.60%	-253.10%	-3,090.46%	763.20%	10.74	1.01	92.40%	-1,721.60%	-1,721.64%
RGC	REGENCELL BIOSCIENCE HOLDINGS LTD	$67.77M	-40.40%	-38.30%	-48.87%	-51.70%	0.05	19.15	N/A	N/A	N/A
CRDL	CARDIOL THERAPEUTICS INC	$151.27M	-99.10%	-76.50%	-149.52%	449.10%	0.55	2.81	N/A	N/A	N/A
CTLT	CATALENT INC	$10.00B	-28.30%	-11.40%	-11.24%	-9.80%	1.74	2.51	19.00%	-28.40%	-24.11%
OGI	ORGANIGRAM HOLDINGS INC	$191.77M	N/A	N/A	N/A	N/A	0.22	3.47	N/A	N/A	N/A
LFCR	LIFECORE BIOMEDICAL INC	$176.26M	-198.10%	-37.80%	-38.09%	-28.80%	-51.65	2.39	27.10%	-96.40%	-79.02%
CPIX	CUMBERLAND PHARMACEUTICALS INC	$21.29M	-25.90%	-9.90%	-14.10%	-23.40%	1.98	1.37	83.50%	-21.70%	-20.01%
KALA	KALA BIO INC	$18.95M	-368.90%	-66.90%	-82.02%	-100.70%	6.96	4.22	N/A	N/A	N/A
SNOA	SONOMA PHARMACEUTICALS INC	$3.90M	-73.60%	-33.60%	-44.38%	-55.70%	1.18	4.07	36.70%	-41.20%	-41.62%
CGC	CANOPY GROWTH CORP	$1.00B	-176.20%	-66.70%	-112.36%	-72.50%	1.50	1.80	-14.10%	-386.20%	-386.99%
PRFX	PAINREFORM LTD	$1.48M	-203.10%	-145.40%	-601.75%	-2,795.40%	1.91	1.61	N/A	N/A	N/A
EVO	EVOTEC SE	$1.95B	N/A	N/A	N/A	N/A	0.98	2.16	N/A	N/A	N/A
ALVO	ALVOTECH	$3.60B	N/A	-59.40%	-55.71%	-24.20%	-2.02	0.75	-72.30%	-590.80%	-411.10%
IXHL	INCANNEX HEALTHCARE INC	$44.13M	N/A	N/A	N/A	N/A	0.22	5.70	N/A	N/A	N/A
TAK	TAKEDA PHARMACEUTICAL CO LTD	$41.77B	2.10%	1.00%	2.13%	3.40%	1.08	1.11	66.50%	3.40%	6.39%
BHC	BAUSCH HEALTH COMPANIES INC	$2.59B	N/A	-1.70%	4.78%	4.10%	-24.29	1.23	70.80%	-5.10%	12.01%
IRWD	IRONWOOD PHARMACEUTICALS INC	$1.06B	N/A	-206.60%	-525.61%	-116.30%	-2.33	0.83	100.00%	-254.40%	-236.88%
AKAN	AKANDA CORP	$1.18M	-279.80%	-134.90%	2,404.33%	-649.60%	-3.31	0.18	5.20%	-1,494.20%	-1,482.34%
ELAN	ELANCO ANIMAL HEALTH INC	$8.39B	-20.20%	-8.90%	-7.91%	-10.90%	1.32	3.29	55.30%	-29.80%	-23.18%
TEVA	TEVA PHARMACEUTICAL INDUSTRIES LTD	$18.46B	-6.90%	-1.20%	1.78%	2.00%	4.84	0.89	49.00%	-3.10%	3.22%
SHPH	SHUTTLE PHARMACEUTICALS HOLDINGS INC	$6.92M	-151.80%	-109.20%	-152.04%	-142.90%	0.72	2.96	N/A	N/A	N/A
CPHI	CHINA PHARMA HOLDINGS INC	$5.27M	-54.30%	-22.30%	-31.18%	-32.70%	0.95	0.90	-11.70%	-55.40%	-50.81%
AMRX	AMNEAL PHARMACEUTICALS INC	$2.08B	-111.50%	-4.70%	2.76%	1.80%	-55.24	1.65	35.30%	-6.80%	2.90%
LSDI	LUCY SCIENTIFIC DISCOVERY INC	$2.81M	-336.90%	-157.30%	-1,229.66%	-274.90%	51.82	0.38	50.00%	-67,538.20%	-58,831.97%
BGXX	BRIGHT GREEN CORP	$43.36M	-101.70%	-57.80%	-117.56%	-85.10%	0.59	0.04	N/A	N/A	N/A

Pharmaceutical Stocks FAQ

What are the best pharmaceutical stocks to buy right now in May 2024?

According to Zen Score, the 3 best pharma stocks to buy right now are:

1. Kamada (NASDAQ:KMDA)

Kamada (NASDAQ:KMDA) is the top pharmaceutical stock with a Zen Score of 65, which is 40 points higher than the pharmaceutical industry average of 25. It passed 20 out of 33 due diligence checks and has strong fundamentals. Kamada has seen its stock return 14.6% over the past year, overperforming other pharmaceutical stocks by 16 percentage points.

Kamada has an average 1 year price target of $11.00, an upside of 101.65% from Kamada's current stock price of $5.46.

Kamada stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Kamada, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Neurocrine Biosciences (NASDAQ:NBIX)

Neurocrine Biosciences (NASDAQ:NBIX) is the second best pharmaceutical stock with a Zen Score of 64, which is 39 points higher than the pharmaceutical industry average of 25. It passed 21 out of 33 due diligence checks and has strong fundamentals. Neurocrine Biosciences has seen its stock return 50.44% over the past year, overperforming other pharmaceutical stocks by 52 percentage points.

Neurocrine Biosciences has an average 1 year price target of $159.06, an upside of 12.09% from Neurocrine Biosciences's current stock price of $141.91.

Neurocrine Biosciences stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Neurocrine Biosciences, 56.25% have issued a Strong Buy rating, 25% have issued a Buy, 18.75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Pacira Biosciences (NASDAQ:PCRX)

Pacira Biosciences (NASDAQ:PCRX) is the third best pharmaceutical stock with a Zen Score of 64, which is 39 points higher than the pharmaceutical industry average of 25. It passed 20 out of 33 due diligence checks and has strong fundamentals. Pacira Biosciences has seen its stock lose -23.65% over the past year, underperforming other pharmaceutical stocks by -23 percentage points.

Pacira Biosciences has an average 1 year price target of $46.71, an upside of 48.25% from Pacira Biosciences's current stock price of $31.51.

Pacira Biosciences stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Pacira Biosciences, 28.57% have issued a Strong Buy rating, 71.43% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the pharmaceutical stocks with highest dividends?

Out of 6 pharmaceutical stocks that have issued dividends in the past year, the 3 pharmaceutical stocks with the highest dividend yields are:

1. Siga Technologies (NASDAQ:SIGA)

Siga Technologies (NASDAQ:SIGA) has an annual dividend yield of 7.59%, which is 5 percentage points higher than the pharmaceutical industry average of 2.92%.

Siga Technologies's dividend payout ratio of 95.5% indicates that its high dividend yield might not be sustainable for the long-term.

2. Alkermes (NASDAQ:ALKS)

Alkermes (NASDAQ:ALKS) has an annual dividend yield of 4.37%, which is 1 percentage points higher than the pharmaceutical industry average of 2.92%.

Alkermes's dividend payout ratio of 40.8% indicates that its dividend yield is sustainable for the long-term.

3. Perrigo Co (NYSE:PRGO)

Perrigo Co (NYSE:PRGO) has an annual dividend yield of 3.64%, which is 1 percentage points higher than the pharmaceutical industry average of 2.92%. Perrigo Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Perrigo Co's dividend has shown consistent growth over the last 10 years.

Perrigo Co's dividend payout ratio of -1,825% indicates that its dividend yield might not be sustainable for the long-term.

Why are pharmaceutical stocks up?

Pharmaceutical stocks were up 0.2% in the last day, and up 1.16% over the last week. Canopy Growth was the among the top gainers in the drug manufacturers - specialty & generic industry, gaining 11% yesterday.

Shares of cannabis stocks are trading higher after Biden said the Justice Department is taking the next steps to reclassify marijuana from Schedule I to Schedule III.

What are the most undervalued pharmaceutical stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued pharmaceutical stocks right now are:

1. Pacira Biosciences (NASDAQ:PCRX)

Pacira Biosciences (NASDAQ:PCRX) is the most undervalued pharmaceutical stock based on WallStreetZen's Valuation Score. Pacira Biosciences has a valuation score of 100, which is 83 points higher than the pharmaceutical industry average of 17. It passed 7 out of 7 valuation due diligence checks.

Pacira Biosciences's stock has dropped -23.65% in the past year. It has underperformed other stocks in the pharmaceutical industry by -23 percentage points.

2. Collegium Pharmaceutical (NASDAQ:COLL)

Collegium Pharmaceutical (NASDAQ:COLL) is the second most undervalued pharmaceutical stock based on WallStreetZen's Valuation Score. Collegium Pharmaceutical has a valuation score of 86, which is 69 points higher than the pharmaceutical industry average of 17. It passed 6 out of 7 valuation due diligence checks.

Collegium Pharmaceutical's stock has gained 46.2% in the past year. It has overperformed other stocks in the pharmaceutical industry by 47 percentage points.

3. Kamada (NASDAQ:KMDA)

Kamada (NASDAQ:KMDA) is the third most undervalued pharmaceutical stock based on WallStreetZen's Valuation Score. Kamada has a valuation score of 86, which is 69 points higher than the pharmaceutical industry average of 17. It passed 6 out of 7 valuation due diligence checks.

Kamada's stock has gained 14.6% in the past year. It has overperformed other stocks in the pharmaceutical industry by 16 percentage points.

Are pharmaceutical stocks a good buy now?

56.6% of pharmaceutical stocks rated by analysts are a strong buy right now. On average, analysts expect pharmaceutical stocks to rise by 31.51% over the next year.

What is the average p/e ratio of the drug manufacturers - specialty & generic industry?

The average P/E ratio of the drug manufacturers - specialty & generic industry is -1.18x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.