Sectors & IndustriesHealthcare
Best Healthcare Stocks to Buy Now (2024)
Top healthcare stocks in 2024 ranked by overall Zen Score. See the best healthcare stocks to buy now, according to analyst forecasts for the healthcare sector.

Sector: Healthcare

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
INCY	INCYTE CORP	$51.68	$63.97	-19.22%	19.36x	8.70x	3.13x	2.24x	0.37x	$464.00M	4.02%	$5.19B	23.21	$8.42B	9.16
HRMY	HARMONY BIOSCIENCES HOLDINGS INC	$29.32	$43.85	-33.14%	13.51x	7.60x	3.00x	3.56x	0.32x	$219.08M	12.56%	$466.99M	7.85	$1.55B	6.98
SMLR	SEMLER SCIENTIFIC INC	$26.11	$40.32	-35.25%	8.53x	N/A	2.58x	2.56x	0.39x	$20.50M	11.66%	$71.80M	10.66	$126.25M	5.11
VYGR	VOYAGER THERAPEUTICS INC	$7.62	$117.72	-93.53%	2.47x	-4.85x	1.31x	1.75x	0.03x	$74.66M	22.78%	$236.32M	5.49	$344.97M	2.73
INMD	INMODE LTD	$17.14	$38.43	-55.40%	7.23x	N/A	2.91x	1.83x	0.24x	$176.12M	12.30%	$787.37M	9.43	$1.30B	5.97
NBIX	NEUROCRINE BIOSCIENCES INC	$135.99	$62.88	116.27%	53.12x	25.00x	7.04x	6.06x	0.97x	$361.60M	2.72%	$2.23B	22.85	$13.71B	38.29
PGNY	PROGYNY INC	$32.04	$8.17	292.03%	49.29x	39.56x	2.80x	5.59x	2.44x	$185.17M	6.08%	$553.43M	5.82	$3.01B	43.23
AMLX	AMYLYX PHARMACEUTICALS INC	$1.76	$40.38	-95.64%	2.41x	0.57x	0.31x	0.28x	0.02x	$10.68M	9.03%	$433.43M	6.45	-$47.39M	-0.86
CCRN	CROSS COUNTRY HEALTHCARE INC	$17.14	$28.11	-39.03%	8.28x	6.42x	0.30x	1.26x	0.36x	$234.52M	38.92%	$473.39M	13.47	$583.37M	4.47
UTHR	UNITED THERAPEUTICS CORP	$233.85	$180.11	29.84%	11.11x	12.12x	4.70x	1.84x	1.27x	$747.60M	6.83%	$5.98B	127.88	$10.50B	7.57
EXEL	EXELIXIS INC	$23.70	$16.22	46.08%	36.46x	14.72x	4.12x	3.17x	0.66x	$292.86M	3.88%	$2.26B	7.12	$7.11B	22.78
JNJ	JOHNSON & JOHNSON	$146.14	N/A	N/A	10.53x	13.73x	4.35x	5.12x	N/A	$18.25B	4.93%	$68.77B	27.15	$359.49B	7.96
GILD	GILEAD SCIENCES INC	$65.42	$49.77	31.46%	14.41x	10.25x	3.01x	3.57x	0.92x	$7.42B	9.09%	$22.83B	18.30	$100.40B	9.52
BMRN	BIOMARIN PHARMACEUTICAL INC	$80.91	$37.26	117.13%	74.23x	28.79x	6.18x	3.03x	0.91x	$191.82M	1.26%	$5.07B	26.87	$15.70B	43.64
CORT	CORCEPT THERAPEUTICS INC	$22.80	$16.30	39.86%	22.35x	16.29x	4.89x	4.66x	0.75x	$126.90M	5.37%	$506.71M	4.89	$2.22B	20.41
OSUR	ORASURE TECHNOLOGIES INC	$5.32	$7.21	-26.24%	7.29x	-11.32x	0.96x	0.91x	0.58x	$131.28M	33.65%	$430.67M	5.87	$115.69M	1.50
SDGR	SCHRODINGER INC	$23.97	$13.44	78.30%	42.05x	40.63x	7.94x	3.16x	0.81x	-$150.14M	-8.73%	$548.56M	7.64	$1.70B	30.23
PCRX	PACIRA BIOSCIENCES INC	$26.33	$33.82	-22.14%	28.93x	6.91x	1.80x	1.41x	0.32x	$139.49M	11.46%	$870.13M	18.83	$1.66B	10.52
SIGA	SIGA TECHNOLOGIES INC	$8.79	N/A	N/A	9.25x	12.21x	4.48x	3.17x	N/A	$94.78M	15.11%	$196.86M	2.76	$474.75M	5.38
PBYI	PUMA BIOTECHNOLOGY INC	$5.02	$7.14	-29.73%	10.91x	7.97x	1.00x	4.53x	0.38x	$26.87M	11.35%	$53.44M	1.13	$268.90M	5.66
KMDA	KAMADA LTD	$5.15	$3.94	30.69%	30.29x	25.75x	2.08x	1.21x	0.60x	-$1.53M	-0.52%	$244.02M	4.25	$264.20M	11.77
AMPH	AMPHASTAR PHARMACEUTICALS INC	$41.11	N/A	N/A	14.42x	24.04x	3.08x	3.09x	N/A	$145.34M	7.32%	$639.42M	13.25	$2.46B	10.89
CNC	CENTENE CORP	$74.00	$94.84	-21.97%	14.57x	9.67x	0.25x	1.46x	0.39x	$2.60B	6.57%	$26.96B	50.38	$39.91B	7.04
TCMD	TACTILE SYSTEMS TECHNOLOGY INC	$14.30	$15.69	-8.83%	11.53x	47.67x	1.19x	1.74x	0.56x	$33.53M	10.23%	$193.64M	8.45	$326.83M	14.65
HALO	HALOZYME THERAPEUTICS INC	$38.57	$47.87	-19.44%	18.11x	9.45x	6.14x	58.37x	0.37x	$373.28M	7.33%	$83.81M	0.64	$6.27B	13.88
ADUS	ADDUS HOMECARE CORP	$94.54	$44.92	110.45%	24.18x	N/A	1.43x	2.17x	1.41x	$102.81M	6.80%	$706.69M	44.18	$1.64B	15.43
MOH	MOLINA HEALTHCARE INC	$342.23	$238.59	43.44%	18.45x	14.63x	0.56x	4.46x	0.88x	$881.00M	4.39%	$4.49B	76.67	$17.92B	10.45
VMD	VIEMED HEALTHCARE INC	$8.31	$1.59	423.04%	30.78x	19.79x	1.74x	2.83x	27.22x	$21.71M	6.81%	$113.90M	2.97	$319.55M	8.71
RPRX	ROYALTY PHARMA PLC	$28.00	$41.84	-33.08%	11.02x	6.95x	5.32x	1.66x	0.35x	$2.98B	23.74%	$10.08B	22.53	$22.39B	16.93
HCM	HUTCHMED (CHINA) LTD	$18.16	$10.34	75.55%	30.27x	-33.02x	3.68x	4.33x	0.90x	$186.65M	6.05%	$730.54M	4.30	$2.97B	N/A
DOCS	DOXIMITY INC	$23.82	$12.37	92.50%	33.08x	22.69x	9.47x	5.14x	0.99x	$161.60M	3.64%	$864.61M	4.64	$4.34B	23.24
ASTH	ASTRANA HEALTH INC	$36.72	$17.60	108.63%	28.25x	N/A	1.47x	3.31x	1.23x	$39.70M	1.95%	$614.22M	11.08	$2.06B	15.42
CHE	CHEMED CORP	$560.42	$223.03	151.27%	30.95x	24.95x	3.72x	7.65x	1.59x	$274.09M	3.25%	$1.11B	73.61	$8.25B	19.90
EW	EDWARDS LIFESCIENCES CORP	$86.43	$34.16	153.01%	37.42x	28.15x	8.73x	7.81x	1.41x	$642.80M	1.23%	$6.65B	10.96	$51.50B	28.74
MCK	MCKESSON CORP	$543.30	$324.11	67.63%	24.43x	18.33x	0.24x	-34.78x	0.94x	$2.89B	4.02%	-$2.05B	-15.49	$77.02B	16.99
MDT	MEDTRONIC PLC	$79.74	$47.76	66.96%	25.31x	13.63x	3.28x	2.04x	0.92x	$4.93B	4.65%	$51.79B	38.95	$129.44B	14.58
TGTX	TG THERAPEUTICS INC	$13.47	$4.88	176.28%	149.67x	-20.10x	8.18x	12.96x	1.08x	-$31.41M	-1.64%	$160.50M	1.13	$2.10B	80.93
STAA	STAAR SURGICAL CO	$46.96	$21.79	115.50%	106.73x	24.85x	7.07x	5.95x	0.85x	-$3.59M	-0.16%	$385.95M	7.95	$2.15B	67.46
NSYS	NORTECH SYSTEMS INC	$17.31	$85.77	-79.82%	6.84x	N/A	0.34x	1.34x	0.08x	$485.00k	1.03%	$35.34M	12.98	$59.93M	7.49
COLL	COLLEGIUM PHARMACEUTICAL INC	$36.42	$42.19	-13.67%	25.47x	17.81x	2.17x	5.96x	0.37x	$274.29M	22.32%	$195.43M	5.79	$1.60B	5.18
ROIV	ROIVANT SCIENCES LTD	$11.03	N/A	N/A	1.98x	N/A	71.62x	1.46x	N/A	-$838.55M	-9.49%	$6.09B	7.61	$2.72B	0.59
AZN	ASTRAZENECA PLC	$75.17	$41.37	81.69%	36.76x	17.05x	4.89x	6.22x	0.87x	$8.23B	3.53%	$37.45B	12.09	$259.76B	18.24
LNTH	LANTHEUS HOLDINGS INC	$65.56	N/A	N/A	13.69x	16.07x	3.45x	5.51x	N/A	$258.71M	5.78%	$815.89M	11.95	$4.34B	8.84
SLP	SIMULATIONS PLUS INC	$44.69	$9.50	370.23%	84.32x	48.58x	13.81x	5.04x	2.37x	$13.75M	1.54%	$177.04M	8.86	$857.13M	50.88
GMAB	GENMAB A	$28.15	$21.65	30.02%	29.02x	17.06x	7.76x	4.04x	0.60x	$1.02B	5.48%	$4.60B	6.96	$16.55B	N/A
CVS	CVS HEALTH CORP	$67.18	$120.06	-44.04%	10.35x	6.78x	0.24x	1.11x	0.28x	$10.40B	12.04%	$76.46B	59.50	$155.73B	11.28
SEM	SELECT MEDICAL HOLDINGS CORP	$27.41	$50.07	-45.26%	14.35x	7.66x	0.53x	2.73x	0.24x	$352.86M	10.03%	$1.29B	10.04	$8.39B	11.44
HOLX	HOLOGIC INC	$75.98	$49.07	54.83%	35.84x	19.89x	4.57x	3.83x	0.71x	$858.70M	4.74%	$4.65B	19.50	$18.48B	17.38
DCGO	DOCGO INC	$3.61	$7.35	-50.87%	51.57x	5.64x	0.60x	1.25x	0.18x	-$71.06M	-19.00%	$300.79M	2.91	$350.34M	12.58
UTMD	UTAH MEDICAL PRODUCTS INC	$65.92	N/A	N/A	14.39x	N/A	4.71x	1.84x	N/A	$21.64M	9.15%	$128.31M	35.75	$144.01M	5.44
COR	CENCORA INC	$240.88	$138.79	73.56%	25.96x	19.22x	0.18x	52.70x	0.96x	$3.63B	7.53%	$911.70M	4.56	$49.96B	16.59
HUM	HUMANA INC	$305.90	$415.81	-26.43%	18.78x	9.79x	0.34x	2.29x	0.33x	-$3.03B	-8.22%	$16.13B	133.86	$44.50B	10.60
MEIP	MEI PHARMA INC	$3.05	N/A	N/A	1.03x	-0.33x	0.28x	0.34x	N/A	-$53.03M	-260.95%	$59.49M	8.93	$27.17M	1.25
WST	WEST PHARMACEUTICAL SERVICES INC	$360.43	$109.67	228.65%	46.99x	33.13x	9.05x	9.79x	1.87x	$386.10M	1.46%	$2.68B	36.47	$25.96B	31.15
VEEV	VEEVA SYSTEMS INC	$200.91	$45.46	341.97%	61.44x	47.16x	13.65x	6.98x	2.56x	$885.14M	2.74%	$4.64B	28.93	$31.76B	50.23
SNY	SANOFI	$49.13	$41.86	17.37%	21.20x	10.45x	2.46x	1.56x	0.59x	$8.87B	7.21%	$79.61B	31.80	$134.72B	9.56
ICLR	ICON PLC	$308.31	$137.85	123.65%	37.15x	21.16x	3.09x	2.70x	1.17x	$1.17B	4.60%	$9.43B	114.23	$28.74B	17.73
CAH	CARDINAL HEALTH INC	$103.21	$78.13	32.10%	40.16x	17.17x	0.12x	-7.28x	0.56x	$3.43B	13.58%	-$3.45B	-14.08	$25.24B	13.35
DXCM	DEXCOM INC	$124.34	$12.15	923.05%	75.36x	86.95x	12.76x	22.01x	14.05x	$583.50M	1.20%	$2.25B	5.76	$51.13B	51.59
PODD	INSULET CORP	$166.19	$31.68	424.54%	56.15x	71.33x	6.83x	15.86x	3.77x	$36.50M	0.31%	$732.70M	10.51	$12.33B	38.11
ALC	ALCON INC	$78.77	$33.09	138.08%	39.78x	24.93x	4.11x	1.88x	1.24x	$730.00M	1.88%	$20.62B	41.83	$42.90B	19.09
MDXG	MIMEDX GROUP INC	$6.27	$5.76	8.84%	15.68x	125.40x	2.27x	6.46x	0.62x	$24.79M	3.40%	$142.72M	1.23	$887.53M	27.25
AMN	AMN HEALTHCARE SERVICES INC	$57.12	$76.80	-25.63%	10.62x	8.06x	0.59x	2.60x	0.42x	$268.48M	12.00%	$831.26M	21.22	$3.37B	6.72
TALK	TALKSPACE INC	$3.12	N/A	N/A	-26.00x	-7.43x	3.43x	4.44x	N/A	-$16.53M	-3.21%	$118.65M	0.72	$403.07M	-18.31
LMAT	LEMAITRE VASCULAR INC	$65.46	$11.52	467.99%	48.13x	44.84x	7.52x	4.91x	5.64x	$29.49M	2.03%	$297.90M	13.41	$1.46B	29.74
THC	TENET HEALTHCARE CORP	$96.13	$95.33	0.84%	16.00x	10.70x	0.48x	5.98x	0.54x	$1.69B	17.34%	$1.61B	15.82	$23.39B	8.70
GMED	GLOBUS MEDICAL INC	$50.55	$19.52	159.02%	46.38x	19.52x	3.64x	1.71x	1.31x	$165.23M	2.89%	$4.00B	35.35	$6.90B	23.78
IRMD	IRADIMED CORP	$41.86	$13.77	203.93%	30.78x	N/A	8.05x	7.42x	2.32x	$5.46M	1.03%	$71.42M	5.67	$482.35M	21.43
ISRG	INTUITIVE SURGICAL INC	$375.33	N/A	N/A	66.55x	74.18x	18.13x	9.53x	N/A	$595.80M	0.45%	$13.96B	39.50	$130.29B	51.46
UNH	UNITEDHEALTH GROUP INC	$495.35	$239.41	106.91%	20.54x	17.94x	1.24x	5.15x	1.62x	$25.68B	5.59%	$88.76B	95.64	$493.79B	13.88
ZBH	ZIMMER BIOMET HOLDINGS INC	$119.35	$65.96	80.94%	24.31x	15.85x	3.37x	1.96x	1.07x	$892.40M	3.58%	$12.48B	59.80	$29.83B	13.44
GSK	GSK PLC	$41.11	$53.55	-23.23%	13.36x	9.16x	2.17x	4.93x	0.39x	$6.94B	8.32%	$16.89B	8.33	$102.46B	12.50
BRKR	BRUKER CORP	$80.97	$16.03	405.22%	27.73x	27.73x	4.00x	8.09x	N/A	$254.30M	2.15%	$1.38B	9.41	$12.02B	18.21
ABT	ABBOTT LABORATORIES	$107.53	$44.61	141.04%	32.78x	20.96x	4.66x	4.81x	1.41x	$5.06B	2.70%	$38.83B	22.31	$193.98B	18.40
NVS	NOVARTIS AG	$97.44	$46.82	108.10%	13.15x	13.70x	3.99x	5.01x	5.54x	$12.92B	6.49%	$39.68B	19.41	$216.63B	N/A
STE	STERIS PLC	$203.90	$136.16	49.75%	35.71x	19.33x	3.73x	3.14x	0.68x	$603.79M	3.00%	$6.42B	64.92	$23.46B	16.84
PEN	PENUMBRA INC	$204.41	N/A	N/A	86.25x	109.90x	7.42x	6.71x	N/A	$82.12M	1.05%	$1.18B	30.70	$7.98B	74.63
BNTX	BIONTECH SE	$87.21	$77.34	12.76%	20.73x	18.40x	4.99x	0.94x	0.56x	$5.07B	24.46%	$22.01B	92.57	$8.79B	5.80
FONR	FONAR CORP	$16.27	N/A	N/A	8.61x	N/A	1.02x	0.67x	N/A	$12.25M	11.69%	$163.89M	25.46	$91.78M	3.56
CI	CIGNA GROUP	$354.47	$352.69	0.50%	20.17x	12.73x	0.53x	2.24x	0.48x	$10.24B	9.88%	$46.22B	158.11	$126.74B	12.95
KIDS	ORTHOPEDIATRICS CORP	$30.26	N/A	N/A	-32.89x	-30.26x	4.61x	1.89x	N/A	-$43.92M	-6.40%	$377.03M	16.63	$703.34M	-170.51
ALGN	ALIGN TECHNOLOGY INC	$309.02	$136.36	126.62%	53.10x	24.14x	6.11x	6.39x	1.04x	$608.06M	2.57%	$3.63B	47.50	$22.37B	27.39
BIIB	BIOGEN INC	$208.90	$132.50	57.66%	25.95x	12.71x	3.14x	2.00x	0.83x	$1.28B	4.23%	$15.21B	104.77	$36.29B	19.59
VNDA	VANDA PHARMACEUTICALS INC	$4.62	$1.65	180.25%	115.50x	17.11x	1.38x	0.49x	1.13x	$12.42M	4.68%	$544.91M	9.50	$137.01M	14.65
BTMD	BIOTE CORP	$5.52	$7.11	-22.36%	42.46x	8.00x	0.77x	-14.00x	0.30x	$24.17M	17.03%	-$29.40M	-1.14	$437.28M	27.58
REGN	REGENERON PHARMACEUTICALS INC	$883.20	$266.18	231.81%	23.84x	21.73x	7.18x	3.73x	4.92x	$3.88B	4.11%	$25.97B	243.42	$96.91B	20.65
STRR	STAR EQUITY HOLDINGS INC	$0.90	$22.88	-96.07%	0.56x	N/A	0.31x	0.22x	0.02x	$3.23M	23.00%	$65.30M	4.18	-$1.07M	-0.04
ZTS	ZOETIS INC	$158.42	$50.63	212.89%	31.19x	24.87x	8.55x	14.52x	2.44x	$1.63B	2.22%	$5.00B	10.84	$77.25B	21.05
PRVA	PRIVIA HEALTH GROUP INC	$18.26	$4.73	286.37%	91.30x	70.23x	1.29x	3.86x	1.76x	$80.67M	3.78%	$561.44M	4.81	$1.78B	61.02
TFX	TELEFLEX INC	$206.71	$136.82	51.08%	27.27x	13.18x	3.26x	2.19x	0.76x	$419.20M	4.32%	$4.44B	94.53	$11.43B	15.04
OPCH	OPTION CARE HEALTH INC	$29.61	N/A	N/A	19.35x	27.67x	1.16x	3.60x	N/A	$174.58M	3.39%	$1.43B	8.22	$6.10B	12.32
RVTY	REVVITY INC	$101.51	$68.85	47.44%	18.26x	14.69x	4.56x	1.59x	0.93x	$9.90M	0.08%	$7.87B	63.73	$15.66B	12.57
PLX	PROTALIX BIOTHERAPEUTICS INC	$1.15	N/A	N/A	9.58x	N/A	1.19x	2.50x	N/A	-$2.47M	-3.22%	$33.57M	0.50	$86.66M	7.44
DVA	DAVITA INC	$133.51	$138.34	-3.49%	17.52x	11.82x	1.00x	11.09x	0.48x	$1.49B	12.30%	$1.06B	11.63	$22.36B	10.88
DBVT	DBV TECHNOLOGIES SA	$0.68	N/A	N/A	-1.79x	-1.66x	8.22x	0.94x	N/A	-$80.33M	-61.88%	$140.19M	0.74	-$4.16M	0.05
PINC	PREMIER INC	$20.96	$33.43	-37.31%	14.97x	8.09x	1.91x	1.05x	0.28x	$190.24M	7.58%	$2.39B	19.97	$2.92B	7.93
ATR	APTARGROUP INC	$143.33	$29.11	392.45%	30.11x	29.74x	2.67x	4.04x	16.84x	$263.98M	2.79%	$2.35B	35.55	$9.78B	13.96
QTRX	QUANTERIX CORP	$15.56	N/A	N/A	-18.09x	-14.68x	4.78x	1.71x	N/A	-$22.69M	-3.88%	$346.93M	9.23	$456.71M	-11.69
SCYX	SCYNEXIS INC	$1.54	N/A	N/A	1.10x	-1.90x	0.53x	0.80x	N/A	$60.16M	81.62%	$72.96M	1.53	$38.63M	0.54
CRL	CHARLES RIVER LABORATORIES INTERNATIONAL INC	$229.03	$189.58	20.81%	24.71x	15.78x	2.84x	3.27x	0.58x	$365.37M	3.11%	$3.60B	70.22	$14.55B	14.18

Healthcare Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Biotechnology	682	+1.20%	+1.13%	-9.62%	-22.18%	14.88x	5.85x	-68.98%	+2.75%	+21.30%	+91.76%	Strong Buy
Diagnostics & Research	66	+0.75%	+4.09%	-5.10%	-0.74%	38.49x	4.18x	-21.75%	+6.53%	+11.20%	+10.85%	Buy
Drug Manufacturers - General	17	+0.34%	+1.38%	-4.08%	+12.78%	159.81x	6.13x	+32.60%	+7.65%	+14.35%	+16.05%	Buy
Drug Manufacturers - Specialty & Generic	90	+0.98%	+2.24%	-2.72%	-6.94%	33.92x	2.09x	+11.56%	+2.78%	+5.22%	+37.77%	Strong Buy
Healthcare Plans	12	-0.85%	-2.11%	-4.78%	+3.59%	18.86x	2.91x	+20.02%	+6.15%	+14.19%	+16.44%	Buy
Health Information Services	61	+0.87%	+0.45%	-8.40%	-24.77%	72.49x	3.38x	+6.61%	+2.33%	+5.91%	+38.22%	Buy
Medical Care Facilities	50	-0.63%	-0.25%	-6.53%	+3.06%	-1.17x	4.49x	-87.35%	+6.17%	+13.08%	+19.34%	Buy
Medical Devices	154	+0.28%	+1.14%	-4.31%	-15.96%	28.63x	3.70x	+10.75%	+5.35%	+7.78%	+22.84%	Buy
Medical Distribution	9	+0.52%	+1.70%	-0.69%	+37.51%	26.24x	147.94x	+18.14%	+3.52%	+19.64%	+3.58%	Buy
Medical Instruments & Supplies	56	+1.23%	+1.70%	-4.37%	-11.53%	48.29x	3.53x	+11.70%	+7.83%	+10.36%	+20.52%	Buy

Healthcare Stocks FAQ

What are the best healthcare stocks to buy right now in Apr 2024?

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

1. Incyte (NASDAQ:INCY)

Incyte (NASDAQ:INCY) is the top healthcare stock with a Zen Score of 75, which is 50 points higher than the healthcare sector average of 25. It passed 24 out of 33 due diligence checks and has strong fundamentals. Incyte has seen its stock lose -29.72% over the past year, underperforming other healthcare stocks by -20 percentage points.

Incyte has an average 1 year price target of $74.69, an upside of 44.53% from Incyte's current stock price of $51.68.

Incyte stock has a consensus Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Incyte, 23.08% have issued a Strong Buy rating, 23.08% have issued a Buy, 53.85% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Harmony Biosciences Holdings (NASDAQ:HRMY)

Harmony Biosciences Holdings (NASDAQ:HRMY) is the second best healthcare stock with a Zen Score of 70, which is 45 points higher than the healthcare sector average of 25. It passed 23 out of 33 due diligence checks and has strong fundamentals. Harmony Biosciences Holdings has seen its stock lose -7.45% over the past year, overperforming other healthcare stocks by 3 percentage points.

Harmony Biosciences Holdings has an average 1 year price target of $37.33, an upside of 27.33% from Harmony Biosciences Holdings's current stock price of $29.32.

Harmony Biosciences Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Harmony Biosciences Holdings, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a Hold, while 16.67% have issued a Sell rating, and 16.67% have issued a Strong Sell.

3. Semler Scientific (NASDAQ:SMLR)

Semler Scientific (NASDAQ:SMLR) is the third best healthcare stock with a Zen Score of 68, which is 43 points higher than the healthcare sector average of 25. It passed 21 out of 33 due diligence checks and has strong fundamentals. Semler Scientific has seen its stock lose -0.61% over the past year, overperforming other healthcare stocks by 10 percentage points.

What are the healthcare stocks with highest dividends?

Out of 73 healthcare stocks that have issued dividends in the past year, the 3 healthcare stocks with the highest dividend yields are:

1. Carisma Therapeutics (NASDAQ:CARM)

Carisma Therapeutics (NASDAQ:CARM) has an annual dividend yield of N/A, which is N/A percentage points lower than the healthcare sector average of 2.84%.

Carisma Therapeutics's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

2. Mei Pharma (NASDAQ:MEIP)

Mei Pharma (NASDAQ:MEIP) has an annual dividend yield of 57.38%, which is 55 percentage points higher than the healthcare sector average of 2.84%.

Mei Pharma's dividend payout ratio of 58.9% indicates that its high dividend yield is sustainable for the long-term.

3. Siga Technologies (NASDAQ:SIGA)

Siga Technologies (NASDAQ:SIGA) has an annual dividend yield of 11.95%, which is 9 percentage points higher than the healthcare sector average of 2.84%.

Siga Technologies's dividend payout ratio of 47.4% indicates that its high dividend yield is sustainable for the long-term.

Why are healthcare stocks up?

Healthcare stocks were up 0.62% in the last day, and up 1.39% over the last week. Biodexa Pharmaceuticals was the among the top gainers in the healthcare sector, gaining 79.31% yesterday.

Biodexa shares are trading higher after the company entered an exclusive license agreement with Rapamycin Holdings for the rights to eRapa.

What are the most undervalued healthcare stocks?

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

1. Pacira Biosciences (NASDAQ:PCRX)

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

Pacira Biosciences's stock has dropped -40.25% in the past year. It has underperformed other stocks in the healthcare sector by -30 percentage points.

2. Inmode (NASDAQ:INMD)

Inmode (NASDAQ:INMD) is the second most undervalued healthcare stock based on WallStreetZen's Valuation Score. Inmode has a valuation score of 100, which is 83 points higher than the healthcare sector average of 17. It passed 7 out of 7 valuation due diligence checks.

Inmode's stock has dropped -53.19% in the past year. It has underperformed other stocks in the healthcare sector by -43 percentage points.

3. Orasure Technologies (NASDAQ:OSUR)

Orasure Technologies (NASDAQ:OSUR) is the third most undervalued healthcare stock based on WallStreetZen's Valuation Score. Orasure Technologies has a valuation score of 100, which is 83 points higher than the healthcare sector average of 17. It passed 7 out of 7 valuation due diligence checks.

Orasure Technologies's stock has dropped -19.88% in the past year. It has underperformed other stocks in the healthcare sector by -10 percentage points.

Are healthcare stocks a good buy now?

47.57% of healthcare stocks rated by analysts are a strong buy right now. On average, analysts expect healthcare stocks to rise by 39.51% over the next year.

What is the average p/e ratio of the healthcare sector?

The average P/E ratio of the healthcare sector is 74.01x.

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.