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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
Ticker
Company
Price
Valuation Score
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
EVOK
EVOKE PHARMA INC
$0.47N/AN/A-0.26xN/A0.70x1.16xN/A-$5.93M-138.94%$3.50M0.39-$661.98k0.10
TARO
TARO PHARMACEUTICAL INDUSTRIES LTD
$42.20N/AN/A34.59xN/A2.60x0.89xN/AN/AN/A$1.78B47.34$1.20BN/A
CATX
PERSPECTIVE THERAPEUTICS INC
$1.53N/AN/A-8.05xN/A-1,530.00x4.14xN/A-$23.29M-3.07%$229.89M0.46$813.20M-16.52
SABS
SAB BIOTHERAPEUTICS INC
$3.87N/AN/A-0.51x-1.43x9.53x0.62xN/A-$25.27M-118.27%$57.30M10.38-$14.96M0.39
PRGO
PERRIGO CO PLC
$30.10N/AN/A-501.67x8.65x0.90x0.88xN/A$279.30M6.79%$4.69B34.31$7.51B18.51
FEMY
FEMASYS INC
$1.29N/AN/A-1.54x-1.74x26.88x1.84xN/A-$13.43M-47.83%$15.61M0.72$17.70M-1.32
WRBY
WARBY PARKER INC
$16.14N/AN/A-34.34x-84.95x2.76x6.07xN/A$16.55M0.86%$316.19M2.65$1.88B-89.11
ACST
ACASTI PHARMA INC
$2.76N/AN/A-0.54x-11.50xN/A0.40xN/A-$13.47M-42.43%$64.68M5.62$7.42M-0.15
TMCI
TREACE MEDICAL CONCEPTS INC
$5.63N/AN/A-6.40x-17.06x1.77x2.76xN/A-$38.44M-11.05%$126.39M2.05$409.02M-10.03
LSTA
LISATA THERAPEUTICS INC
$2.82N/AN/A-1.14x-0.42xN/A0.54xN/A-$18.86M-80.78%$43.00M5.18$1.58M-0.07
QLI
QILIAN INTERNATIONAL HOLDING GROUP LTD
$0.72N/AN/A-3.25xN/A0.55x0.60xN/A-$1.54M-6.01%$42.79M1.20$18.70M-2.87
SUPN
SUPERNUS PHARMACEUTICALS INC
$29.16N/AN/A-100.55x13.19x2.67x1.73xN/A$99.84M6.25%$929.17M16.96$1.57B19.68
LVTX
LAVA THERAPEUTICS NV
$2.76N/AN/A-1.62x-1.46x10.04x1.30xN/A-$43.15M-58.48%$55.63M2.08$31.34M-0.66
COGT
COGENT BIOSCIENCES INC
$7.47N/AN/A-3.01x-3.70xN/A1.69xN/A-$168.40M-23.78%$422.33M4.46$516.95M-2.48
AZTR
AZITRA INC
$0.20N/AN/A0.25xN/A7.07x1.32xN/A-$9.49M-237.37%$4.32M0.21$3.51M-0.31
SLDB
SOLID BIOSCIENCES INC
$9.30N/AN/A-2.36x-1.07xN/A1.69xN/A-$92.54M-26.08%$210.72M5.52$263.34M-2.98
COCP
COCRYSTAL PHARMA INC
$1.97N/AN/A-1.19x-0.78xN/A0.89xN/A-$16.14M-80.71%$22.59M2.22-$149.50k0.01
VCEL
VERICEL CORP
$47.61N/AN/AN/A76.79x11.03x9.89xN/A$2.04M0.09%$233.90M4.86$2.34B173.58
NVNO
ENVVENO MEDICAL CORP
$4.95N/AN/A-2.98x-2.25xN/A1.56xN/A-$17.34M-21.82%$42.37M2.64$64.99M-3.01
EKSO
EKSO BIONICS HOLDINGS INC
$1.45N/AN/A-1.49x-9.67x1.41x1.88xN/A-$11.43M-45.24%$14.05M0.81$24.40M-1.98
RXRX
RECURSION PHARMACEUTICALS INC
$9.51N/AN/A-5.87x-6.74x48.52x5.63xN/A-$330.20M-14.71%$401.15M1.70$2.01B-6.24
RLMD
RELMADA THERAPEUTICS INC
$3.49N/AN/A-1.12x-0.86xN/A1.46xN/A-$48.19M-45.82%$72.05M2.39$103.97M-1.10
KRRO
KORRO BIO INC
$51.26N/AN/A-1.83x-0.35xN/A3.14xN/A-$88.40M-21.50%$151.36M18.87$368.90M-5.03
TNGX
TANGO THERAPEUTICS INC
$7.79N/AN/A-7.02x-3.59x22.65x3.15xN/A-$122.03M-14.48%$264.45M2.45$809.40M-7.68
CLVR
CLEVER LEAVES HOLDINGS INC
$3.00N/AN/A-0.26xN/A0.27x0.22xN/A-$8.68M-184.50%$24.22M15.45$450.39k-0.03
SLNO
SOLENO THERAPEUTICS INC
$45.66N/AN/A-22.17x-304.40xN/A10.64xN/A-$30.75M-1.86%$143.39M3.96$1.48B-29.80
TENX
TENAX THERAPEUTICS INC
$3.55N/AN/A-0.14x-0.00xN/A0.56xN/A-$9.34M-215.86%$12.43M10.20-$5.18M0.51
LFST
LIFESTANCE HEALTH GROUP INC
$7.37N/AN/A-15.35x-35.10x2.51x1.97xN/A-$68.73M-2.48%$1.43B3.80$3.27B-75.17
ACHV
ACHIEVE LIFE SCIENCES INC
$5.07N/AN/A-3.99x3.62xN/A3.52xN/A-$21.47M-16.90%$49.46M1.97$124.91M-5.21
GDRX
GOODRX HOLDINGS INC
$8.06N/AN/A-806.00x44.78x4.11x4.79xN/A$86.50M2.75%$631.07M1.62$3.20B28.58
KTRA
KINTARA THERAPEUTICS INC
$0.15N/AN/A-0.04x0.01xN/A1.35xN/A-$7.26M-112.41%$5.92M0.13$1.67M-0.18
FWBI
FIRST WAVE BIOPHARMA INC
$2.96N/AN/A-0.10x-0.00xN/A0.45xN/A-$13.28M-254.63%$16.18M9.19$10.85M-0.52
ABOS
ACUMEN PHARMACEUTICALS INC
$3.73N/AN/A-3.52x-3.24xN/A0.86xN/A-$50.78M-22.76%$262.03M4.38$207.52M-3.83
ALDX
ALDEYRA THERAPEUTICS INC
$4.09N/AN/A-8.02x-3.27xN/A2.14xN/A-$30.85M-12.69%$113.42M1.91$156.17M-5.64
MDGL
MADRIGAL PHARMACEUTICALS INC
$217.17N/AN/A-9.39x-43.52xN/A5.44xN/A-$391.12M-9.00%$850.76M42.54$4.12B-9.60
ERAS
ERASCA INC
$1.85N/AN/A-2.23x-1.06xN/A1.11xN/A-$108.72M-38.86%$288.41M1.91$298.52M-2.43
AUGX
AUGMEDIX INC
$1.23N/AN/A-2.86xN/A1.34x3.39xN/A-$20.93M-32.03%$17.78M0.34$48.49M-3.12
ANAB
ANAPTYSBIO INC
$25.47N/AN/A-4.15x-8.11x29.72x14.56xN/A-$134.14M-19.65%$47.78M1.78$659.50M-4.10
SNPX
SYNAPTOGENIX INC
$4.91N/AN/A-0.17xN/AN/A0.27xN/A-$5.31M-104.32%$22.05M21.27-$20.27M4.48
ELVN
ENLIVEN THERAPEUTICS INC
$23.81N/AN/A-12.40x-29.76xN/A3.53xN/A-$63.92M-6.38%$317.71M7.56$970.72M-12.30
HSCS
HEART TEST LABORATORIES INC
$0.11N/AN/A-0.24xN/AN/A0.86xN/A-$6.42M-105.31%$8.63M0.16$1.39M-0.23
PRME
PRIME MEDICINE INC
$7.04N/AN/A-3.23xN/A1,173.33x3.47xN/A-$200.61M-27.27%$243.77M2.33$781.15M-4.19
NAUT
NAUTILUS BIOTECHNOLOGY INC
$2.92N/AN/A-5.31x-2.83xN/A1.47xN/A-$57.85M-15.82%$249.49M1.99$373.67M-6.09
CCLD
CARECLOUD INC
$2.51N/AN/A-0.65x-14.76x0.36x0.98xN/A$8.06M20.04%$41.42M2.59$49.62M-1.66
ESPR
ESPERION THERAPEUTICS INC
$2.59N/AN/A-2.67x2.88x1.91x-1.67xN/A-$27.38M-6.25%-$294.30M-1.74$812.96M-29.23
NVRO
NEVRO CORP
$11.17N/AN/A-4.90x-8.59x0.95x1.47xN/A-$70.97M-17.42%$278.54M7.64$537.25M-8.61
ENTX
ENTERA BIO LTD
$2.60N/AN/A-9.29x-6.84xN/A10.50xN/A-$7.57M-7.92%$8.86M0.24$84.23M-9.76
GDTC
CYTOMED THERAPEUTICS LTD
$2.13N/AN/A-7.42xN/AN/A2.97xN/A-$2.64M-11.69%$8.27M0.78$18.30M-6.73
IPA
IMMUNOPRECISE ANTIBODIES LTD
$1.12N/AN/A-2.72xN/A1.66x0.80xN/A-$3.36M-11.61%$36.63M1.42$35.43M-5.03
FNA
PARAGON 28 INC
$7.97N/AN/A-12.45x-49.81x2.93x4.02xN/A-$84.72M-12.84%$164.48M1.99$713.39M-23.58
CDTX
CIDARA THERAPEUTICS INC
$12.00N/AN/A-1.49x-2.00x1.17x-3.08xN/A-$18.61M-34.18%-$17.78M-3.92$30.37M-0.86
RNAC
CARTESIAN THERAPEUTICS INC
$26.34N/AN/A-0.47x-10.97x5.50x-4.01xN/A-$58.99M-41.37%-$116.80M-21.57$375.79M-1.40
TRML
TOURMALINE BIO INC
$15.00N/AN/A-3.68x-0.97xN/A1.09xN/A-$25.84M-7.15%$354.14M14.71$286.56M-8.59
CNTB
CONNECT BIOPHARMA HOLDINGS LTD
$1.72N/AN/A-1.59x-0.75xN/A0.94xN/A-$45.28M-47.79%$101.04M1.83-$10.76M0.18
CHEK
CHECK-CAP LTD
$2.24N/AN/A-0.75x-0.93xN/A0.55xN/A-$17.04M-130.16%$23.69M4.05$4.25M-0.22
NKTX
NKARTA INC
$6.82N/AN/A-2.90x-1.98xN/A1.01xN/A-$117.41M-33.97%$473.65M9.35$314.74M-2.95
RDNT
RADNET INC
$57.58$6.88737.26%174.48x108.64x2.41x4.87x3.98x$27.32M0.68%$872.96M12.60$5.25B18.66
PACB
PACIFIC BIOSCIENCES OF CALIFORNIA INC
$2.19N/AN/A-1.92x-2.41x2.95x0.92xN/A-$249.17M-42.19%$649.02M2.41$1.45B-5.58
VRNA
VERONA PHARMA PLC
$13.36N/AN/A-16.70x-30.36xN/A4.81xN/A-$58.07M-5.38%$224.99M2.79$879.64M-15.11
XRTX
XORTX THERAPEUTICS INC
$2.35N/AN/A-2.95xN/AN/A1.39xN/A-$4.81M-103.23%$3.39M1.71$2.19M-1.32
ELYM
ELIEM THERAPEUTICS INC
$8.18N/AN/A-15.43x-11.69xN/A2.24xN/A-$7.24M-3.20%$106.38M3.85$133.16M-9.41
XRAY
DENTSPLY SIRONA INC
$28.38N/AN/A-66.00x9.82x1.49x1.81xN/A$286.00M4.86%$3.26B15.71$7.81B25.53
CDNA
CAREDX INC
$14.78N/AN/A-4.33x-27.89x2.78x3.00xN/A-$41.43M-5.42%$256.23M4.96$702.81M-4.01
STRO
SUTRO BIOPHARMA INC
$4.15N/AN/A-2.21x-1.58x1.66x3.46xN/A-$119.19M-46.72%$98.02M1.60$301.44M-3.99
ARWR
ARROWHEAD PHARMACEUTICALS INC
$25.00N/AN/A-5.90x-13.81x86.81x6.42xN/A-$470.16M-15.26%$483.79M3.92$3.10B-7.16
BLFS
BIOLIFE SOLUTIONS INC
$21.97N/AN/A-15.47x54.93x7.27x3.03xN/A-$22.02M-2.21%$333.41M7.34$1.02B-20.56
ADPT
ADAPTIVE BIOTECHNOLOGIES CORP
$3.72N/AN/A-2.50x-3.61x3.11x1.99xN/A-$144.81M-26.69%$274.91M1.89$702.05M-4.05
MRUS
MERUS NV
$45.02N/AN/A-16.25x-18.38x68.21x7.56xN/A-$150.28M-5.75%$349.45M6.02$2.48B-15.78
NEUE
NEUEHEALTH INC
$6.12N/AN/A-0.05x-0.23x0.04x-0.04xN/A-$2.16B-4,371.32%-$1.26B-156.11$3.97M-0.00
PSNL
PERSONALIS INC
$1.40N/AN/A-0.73x-0.64x0.95x0.60xN/A-$68.16M-96.42%$120.69M2.38$65.91M-0.83
NTBL
NOTABLE LABS LTD
$1.04N/AN/A-0.21x-1.86x30.59x0.81xN/A-$15.66M-166.92%$11.55M1.28$3.13M-0.28
ONVO
ORGANOVO HOLDINGS INC
$1.04N/AN/A-0.48xN/A38.52x1.69xN/A-$16.92M-178.46%$6.18M0.68$6.50M-0.35
APLS
APELLIS PHARMACEUTICALS INC
$42.00N/AN/A-12.17x-66.67x9.85x19.11xN/A-$550.81M-10.67%$266.68M2.17$4.88B-12.69
SGMO
SANGAMO THERAPEUTICS INC
$0.61N/AN/A-0.33x-0.53x5.86x2.23xN/A-$218.16M-198.69%$56.70M0.31$101.86M-0.32
TNXP
TONIX PHARMACEUTICALS HOLDING CORP
$0.18N/AN/A-0.04x-0.04x1.43x0.16xN/A-$89.87M-610.44%$108.14M1.34$20.16M-0.21
RGNX
REGENXBIO INC
$16.01N/AN/A-2.73x-4.99x8.44x2.02xN/A-$198.64M-27.13%$390.67M8.54$760.83M-3.21
OMGA
OMEGA THERAPEUTICS INC
$2.38N/AN/A-1.43x-0.86x26.44x3.17xN/A-$77.96M-59.41%$41.35M0.75$198.51M-2.35
DYAI
DYADIC INTERNATIONAL INC
$1.66N/AN/A-5.93x-16.60x21.28x10.75xN/A-$5.65M-11.81%$4.52M0.16$43.92M-5.62
RMTI
ROCKWELL MEDICAL INC
$1.74N/AN/A-4.83xN/A0.59x2.56xN/A-$8.19M-16.03%$20.64M0.70$60.29M-27.38
TELA
TELA BIO INC
$6.36N/AN/A-3.81x-4.89x2.48x10.90xN/A-$44.46M-28.44%$14.38M0.59$160.07M-4.69
ALEC
ALECTOR INC
$5.49N/AN/A-3.98x-2.48x5.34x2.96xN/A-$198.85M-38.62%$178.91M1.91$492.61M-4.59
SONN
SONNET BIOTHERAPEUTICS HOLDINGS INC
$1.85N/AN/A-0.80xN/A92.50x1.89xN/A-$13.10M-153.35%$3.05M0.66$2.14M-0.26
PSTX
POSEIDA THERAPEUTICS INC
$3.35N/AN/A-2.83x-0.99x3.89x3.83xN/A-$71.71M-22.33%$84.59M0.88$355.59M-3.78
CLNN
CLENE INC
$0.39N/AN/A-0.84x6.43x77.20x11.63xN/A-$28.10M-56.74%$4.26M0.03$60.23M-1.44
AFMD
AFFIMED NV
$5.44N/AN/A-0.71x-0.91x9.04x1.32xN/A-$123.91M-152.44%$62.83M4.21$61.99M-0.54
QTTB
Q32 BIO INC
$31.00N/AN/A-1.24x-1.61x87.08x7.59xN/A-$84.17M-272.81%$48.77M49.00$272.64M-3.38
IOVA
IOVANCE BIOTHERAPEUTICS INC
$10.43N/AN/A-5.79x-10.23x1,490.00x4.29xN/A-$405.08M-14.59%$680.02M2.55$2.86B-6.86
APYX
APYX MEDICAL CORP
$1.53N/AN/A-2.32x-4.03x1.05x2.62xN/A-$2.90M-5.49%$20.25M0.59$54.35M-2.94
MRNS
MARINUS PHARMACEUTICALS INC
$1.30N/AN/A-0.49x-0.45x2.61x-4.35xN/A-$114.09M-154.38%-$16.43M-0.29$77.79M-0.60
SCPH
SCPHARMACEUTICALS INC
$4.83N/AN/A-3.26x-4.39x10.65x7.08xN/A-$60.49M-32.19%$24.57M0.63$156.32M-3.20
LUMO
LUMOS PHARMA INC
$2.63N/AN/A-0.57x-0.79x13.99x1.22xN/A-$34.79M-163.23%$17.44M2.15-$1.31M0.04
ORGS
ORGENESIS INC
$0.53$11.42-95.35%0.28xN/A29.50x-0.87x0.20x-$16.93M-109.98%-$20.98M-0.72$39.38M-0.77
CDIO
CARDIO DIAGNOSTICS HOLDINGS INC
$0.84N/AN/A-1.12xN/A419.50x6.27xN/A-$5.85M-33.13%$3.04M0.14$18.52M-1.92
BCYC
BICYCLE THERAPEUTICS PLC
$22.18N/AN/A-5.02x-4.44x22.68x2.66xN/A-$85.93M-9.10%$356.05M8.37$530.69M-3.39
ABEO
ABEONA THERAPEUTICS INC
$4.60N/AN/A-1.44x1.84x35.94x-21.33xN/A-$40.44M-32.17%-$8.88M-0.33$194.73M-2.69
ACHC
ACADIA HEALTHCARE COMPANY INC
$66.63N/AN/A-512.54x17.31x2.03x2.16xN/A-$365.30M-6.00%$2.87B31.37$8.09B39.19
LIPO
LIPELLA PHARMACEUTICALS INC
$0.76N/AN/A-1.02xN/A11.72x2.26xN/A-$3.48M-62.60%$2.56M0.35$3.81M-0.80
DCTH
DELCATH SYSTEMS INC
$6.96N/AN/A-2.78x-7.57x37.62x13.23xN/A-$36.64M-21.15%$14.62M0.59$190.05M-3.92
LEXX
LEXARIA BIOSCIENCE CORP
$3.14N/AN/A-4.62x-3.61x87.22x6.20xN/A-$5.21M-15.41%$6.52M0.61$35.90M-6.86
STIM
NEURONETICS INC
$2.52N/AN/A-2.65x-2.93x1.01x2.73xN/A-$31.35M-42.22%$27.66M0.94$90.34M-4.63
1...567...12

Healthcare Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
679-0.04%+0.91%+3.56%-18.59%8.43x6.06x+18.39%+3.73%-27.83%+76.96%Strong Buy
64-0.44%+7.25%+11.82%+11.92%38.80x4.48x-13.29%+6.45%+11.46%+4.67%Buy
18-1.13%+1.15%+7.58%+17.63%31.18x6.42x+33.58%+8.09%+14.21%+10.87%Buy
88+0.20%+1.16%+5.36%-1.14%-1.18x2.20x+12.32%+3.31%+5.98%+31.51%Strong Buy
12+0.46%+1.09%+5.04%+5.89%25.41x3.05x+15.18%+4.74%+11.78%+12.50%Buy
61+0.42%+0.73%-1.16%-19.05%5.93x3.31x+6.57%+2.11%+5.22%+27.52%Buy
51-1.02%+0.20%+4.10%+11.73%40.97x4.60x-92.21%+6.56%+13.62%+14.66%Buy
150-0.36%+1.22%+1.80%-12.40%30.63x4.00x+7.26%+5.26%+8.15%+19.56%Buy
10+0.42%+0.06%-0.15%+26.26%26.60x106.30x-10.85%+3.43%+19.53%+10.05%Buy
56-1.50%+2.24%+5.10%-6.26%59.50x3.63x+11.22%+7.71%+10.03%+17.89%Buy

Healthcare Stocks FAQ

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

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

1. Cross Country Healthcare (NASDAQ:CCRN)


Cross Country Healthcare (NASDAQ:CCRN) is the top healthcare stock with a Zen Score of 70, which is 46 points higher than the healthcare sector average of 24. It passed 22 out of 33 due diligence checks and has strong fundamentals. Cross Country Healthcare has seen its stock lose -40.6% over the past year, underperforming other healthcare stocks by -36 percentage points.

Cross Country Healthcare has an average 1 year price target of $19.50, an upside of 32.38% from Cross Country Healthcare's current stock price of $14.73.

Cross Country Healthcare stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Cross Country Healthcare, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Corcept Therapeutics (NASDAQ:CORT)


Corcept Therapeutics (NASDAQ:CORT) is the second best healthcare stock with a Zen Score of 67, which is 43 points higher than the healthcare sector average of 24. It passed 22 out of 33 due diligence checks and has strong fundamentals. Corcept Therapeutics has seen its stock return 13.38% over the past year, overperforming other healthcare stocks by 18 percentage points.

Corcept Therapeutics has an average 1 year price target of $40.67, an upside of 47.67% from Corcept Therapeutics's current stock price of $27.54.

Corcept Therapeutics stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Corcept Therapeutics, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Kamada (NASDAQ:KMDA)


Kamada (NASDAQ:KMDA) is the third best healthcare stock with a Zen Score of 65, which is 41 points higher than the healthcare sector average of 24. 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 healthcare stocks by 20 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.

What are the healthcare stocks with highest dividends?

Out of 70 healthcare stocks that have issued dividends in the past year, the 3 healthcare stocks with the highest dividend yields are:

1. Fresenius Medical Care Ag (NYSE:FMS)


Fresenius Medical Care Ag (NYSE:FMS) has an annual dividend yield of N/A, which is N/A percentage points lower than the healthcare sector average of 2.04%. Fresenius Medical Care Ag's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Fresenius Medical Care Ag's dividend has shown consistent growth over the last 10 years.

Fresenius Medical Care Ag's dividend payout ratio of 69.7% indicates that its dividend yield is sustainable for the long-term.

2. Spok Holdings (NASDAQ:SPOK)


Spok Holdings (NASDAQ:SPOK) has an annual dividend yield of 8.16%, which is 6 percentage points higher than the healthcare sector average of 2.04%. Spok Holdings's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Spok Holdings's dividend has shown consistent growth over the last 10 years.

Spok Holdings's dividend payout ratio of 148.8% indicates that its high dividend yield might not be sustainable for the long-term.

3. Sanofi (NASDAQ:SNY)


Sanofi (NASDAQ:SNY) has an annual dividend yield of 8.07%, which is 6 percentage points higher than the healthcare sector average of 2.04%. Sanofi's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Sanofi's dividend has shown consistent growth over the last 10 years.

Sanofi's dividend payout ratio of 82.1% indicates that its high dividend yield is sustainable for the long-term.

Why are healthcare stocks down?

Healthcare stocks were down -0.37% in the last day, and up 2.06% over the last week. Eyenovia was the among the top losers in the healthcare sector, dropping -22.55% yesterday.

Eyenovia shares are trading lower after the company reported worse-than-expected Q1 financial results.

What are the most undervalued healthcare stocks?

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

1. Inmode (NASDAQ:INMD)


Inmode (NASDAQ:INMD) is the most undervalued healthcare stock based on WallStreetZen's Valuation Score. Inmode has a valuation score of 100, which is 84 points higher than the healthcare sector average of 16. It passed 7 out of 7 valuation due diligence checks.

Inmode's stock has dropped -43.46% in the past year. It has underperformed other stocks in the healthcare sector by -38 percentage points.

2. Pacira Biosciences (NASDAQ:PCRX)


Pacira Biosciences (NASDAQ:PCRX) is the second most undervalued healthcare stock based on WallStreetZen's Valuation Score. Pacira Biosciences has a valuation score of 100, which is 84 points higher than the healthcare sector average of 16. 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 healthcare sector by -19 percentage points.

3. Cross Country Healthcare (NASDAQ:CCRN)


Cross Country Healthcare (NASDAQ:CCRN) is the third most undervalued healthcare stock based on WallStreetZen's Valuation Score. Cross Country Healthcare has a valuation score of 100, which is 84 points higher than the healthcare sector average of 16. It passed 7 out of 7 valuation due diligence checks.

Cross Country Healthcare's stock has dropped -40.6% in the past year. It has underperformed other stocks in the healthcare sector by -36 percentage points.

Are healthcare stocks a good buy now?

49.83% of healthcare stocks rated by analysts are a strong buy right now. On average, analysts expect healthcare stocks to rise by 32.27% 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 27.2x.
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.