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	$51.65	$63.97	-19.26%	19.34x	8.70x	3.13x	2.23x	0.37x	$464.00M	4.02%	$5.19B	23.21	$8.41B	9.15
HRMY	HARMONY BIOSCIENCES HOLDINGS INC	$28.85	$43.85	-34.21%	13.29x	7.47x	2.95x	3.51x	0.32x	$219.08M	12.77%	$466.99M	7.85	$1.52B	6.86
BMY	BRISTOL MYERS SQUIBB CO	$48.99	$64.39	-23.92%	12.63x	6.00x	2.20x	3.37x	0.40x	$12.65B	12.77%	$29.43B	14.55	$127.38B	7.00
SMLR	SEMLER SCIENTIFIC INC	$27.09	$40.32	-32.82%	8.85x	N/A	2.68x	2.65x	0.40x	$20.50M	11.24%	$71.80M	10.66	$133.14M	5.39
VYGR	VOYAGER THERAPEUTICS INC	$7.65	$117.72	-93.50%	2.48x	-4.87x	1.32x	1.76x	0.03x	$74.66M	22.69%	$236.32M	5.49	$346.60M	2.74
INMD	INMODE LTD	$17.37	$38.43	-54.80%	7.33x	N/A	2.95x	1.85x	0.24x	$176.12M	12.14%	$787.37M	9.43	$1.32B	6.06
PGNY	PROGYNY INC	$32.40	$8.17	296.44%	49.85x	40.00x	2.83x	5.65x	2.46x	$185.17M	6.02%	$553.43M	5.82	$3.05B	43.73
AMLX	AMYLYX PHARMACEUTICALS INC	$1.95	$40.38	-95.17%	2.67x	0.64x	0.34x	0.30x	0.02x	$10.68M	8.15%	$433.43M	6.45	-$34.51M	-0.62
SDGR	SCHRODINGER INC	$24.81	$13.44	84.55%	43.53x	42.05x	8.22x	3.27x	0.84x	-$150.14M	-8.43%	$548.56M	7.64	$1.76B	31.31
CNC	CENTENE CORP	$75.84	$96.43	-21.35%	15.26x	9.91x	0.27x	1.57x	0.38x	$7.25B	17.60%	$25.84B	47.56	$41.20B	7.33
UTHR	UNITED THERAPEUTICS CORP	$234.47	$180.11	30.18%	11.14x	12.15x	4.71x	1.84x	1.27x	$747.60M	6.81%	$5.98B	127.88	$10.53B	7.59
KMDA	KAMADA LTD	$5.09	$3.94	29.17%	29.94x	25.45x	2.05x	1.20x	0.59x	-$1.53M	-0.53%	$244.02M	4.25	$260.75M	11.62
NBIX	NEUROCRINE BIOSCIENCES INC	$140.09	$62.88	122.79%	54.72x	25.75x	7.25x	6.25x	1.00x	$361.60M	2.64%	$2.23B	22.85	$14.12B	39.43
JNJ	JOHNSON & JOHNSON	$149.56	N/A	N/A	10.78x	14.04x	4.45x	5.24x	N/A	$18.25B	4.82%	$68.77B	27.15	$367.73B	8.15
CORT	CORCEPT THERAPEUTICS INC	$23.00	$16.30	41.08%	22.55x	16.43x	4.94x	4.70x	0.75x	$126.90M	5.33%	$506.71M	4.89	$2.25B	20.60
TCMD	TACTILE SYSTEMS TECHNOLOGY INC	$14.57	$15.69	-7.11%	11.75x	48.57x	1.22x	1.78x	0.57x	$33.53M	10.04%	$193.64M	8.45	$333.20M	14.94
OSUR	ORASURE TECHNOLOGIES INC	$5.53	$7.21	-23.32%	7.58x	-11.77x	1.00x	0.95x	0.60x	$131.28M	32.37%	$430.67M	5.87	$131.19M	1.70
DCGO	DOCGO INC	$3.50	$7.35	-52.36%	50.00x	5.47x	0.58x	1.21x	0.18x	-$71.06M	-19.60%	$300.79M	2.91	$338.88M	12.17
CCRN	CROSS COUNTRY HEALTHCARE INC	$17.77	$28.11	-36.79%	8.58x	6.66x	0.31x	1.30x	0.37x	$234.52M	37.54%	$473.39M	13.47	$605.25M	4.64
SIGA	SIGA TECHNOLOGIES INC	$8.76	N/A	N/A	9.22x	12.17x	4.47x	3.16x	N/A	$94.78M	15.16%	$196.86M	2.76	$472.62M	5.35
STAA	STAAR SURGICAL CO	$48.19	$21.79	121.14%	109.52x	25.50x	7.25x	6.10x	0.87x	-$3.59M	-0.15%	$385.95M	7.95	$2.21B	69.35
AMPH	AMPHASTAR PHARMACEUTICALS INC	$40.91	N/A	N/A	14.35x	23.92x	3.06x	3.08x	N/A	$145.34M	7.36%	$639.42M	13.25	$2.45B	10.85
EXEL	EXELIXIS INC	$23.29	$16.22	43.56%	35.83x	14.47x	4.05x	3.12x	0.64x	$292.86M	3.95%	$2.26B	7.12	$6.99B	22.38
PBYI	PUMA BIOTECHNOLOGY INC	$5.13	$7.14	-28.19%	11.15x	8.14x	1.03x	4.63x	0.39x	$26.87M	11.11%	$53.44M	1.13	$274.21M	5.77
PCRX	PACIRA BIOSCIENCES INC	$26.81	$33.82	-20.72%	29.46x	7.04x	1.84x	1.43x	0.33x	$139.49M	11.26%	$870.13M	18.83	$1.68B	10.66
MDXG	MIMEDX GROUP INC	$6.51	$5.76	13.01%	16.28x	130.20x	2.36x	6.70x	0.64x	$24.79M	3.27%	$142.72M	1.23	$922.80M	28.33
HALO	HALOZYME THERAPEUTICS INC	$38.97	$47.87	-18.60%	18.30x	9.55x	6.20x	58.97x	0.38x	$373.28M	7.26%	$83.81M	0.64	$6.32B	13.99
GILD	GILEAD SCIENCES INC	$67.03	$49.77	34.69%	14.76x	10.51x	3.08x	3.66x	0.94x	$7.42B	8.87%	$22.83B	18.30	$102.41B	9.71
VMD	VIEMED HEALTHCARE INC	$8.06	$1.59	407.31%	29.85x	19.19x	1.69x	2.74x	26.40x	$21.71M	7.02%	$113.90M	2.97	$309.86M	8.45
HCM	HUTCHMED (CHINA) LTD	$18.25	$10.34	76.42%	30.42x	-33.18x	3.70x	4.35x	0.91x	$186.65M	6.02%	$730.54M	4.30	$2.98B	N/A
RPRX	ROYALTY PHARMA PLC	$27.82	$41.84	-33.51%	10.95x	6.90x	5.29x	1.65x	0.35x	$2.98B	23.89%	$10.08B	22.53	$22.28B	16.85
CHE	CHEMED CORP	$616.51	$223.03	176.42%	34.04x	27.45x	4.10x	8.41x	1.75x	$274.09M	2.95%	$1.11B	73.61	$9.09B	21.95
AZN	ASTRAZENECA PLC	$70.85	$40.87	73.35%	36.90x	16.07x	4.79x	5.61x	0.82x	$9.12B	4.15%	$39.14B	12.64	$242.44B	17.43
MDT	MEDTRONIC PLC	$81.29	$47.76	70.20%	25.81x	13.90x	3.34x	2.08x	0.93x	$4.93B	4.56%	$51.79B	38.95	$131.50B	14.82
EW	EDWARDS LIFESCIENCES CORP	$87.75	$34.16	156.87%	37.99x	28.58x	8.87x	7.93x	1.43x	$642.80M	1.21%	$6.65B	10.96	$52.29B	29.18
ASTH	ASTRANA HEALTH INC	$37.48	$17.60	112.95%	28.83x	N/A	1.50x	3.38x	1.25x	$39.70M	1.91%	$614.22M	11.08	$2.10B	15.74
COLL	COLLEGIUM PHARMACEUTICAL INC	$35.94	$42.19	-14.81%	25.13x	17.57x	2.14x	5.88x	0.37x	$274.29M	22.62%	$195.43M	5.79	$1.58B	5.13
NSYS	NORTECH SYSTEMS INC	$17.12	$85.77	-80.04%	6.77x	N/A	0.33x	1.33x	0.08x	$485.00k	1.04%	$35.34M	12.98	$59.41M	7.42
ROIV	ROIVANT SCIENCES LTD	$10.94	N/A	N/A	1.97x	N/A	71.04x	1.45x	N/A	-$838.55M	-9.57%	$6.09B	7.61	$2.65B	0.58
TGTX	TG THERAPEUTICS INC	$14.25	$4.88	192.28%	158.33x	-21.27x	8.66x	13.71x	1.14x	-$31.41M	-1.55%	$160.50M	1.13	$2.22B	85.59
ADUS	ADDUS HOMECARE CORP	$94.76	$44.92	110.94%	24.24x	N/A	1.43x	2.18x	1.41x	$102.81M	6.78%	$706.69M	44.18	$1.65B	15.47
MCK	MCKESSON CORP	$532.00	$324.11	64.14%	23.92x	17.95x	0.23x	-34.05x	0.92x	$2.89B	4.10%	-$2.05B	-15.49	$75.54B	16.67
SLP	SIMULATIONS PLUS INC	$46.00	$9.50	384.01%	86.79x	50.00x	14.21x	5.19x	2.44x	$13.75M	1.50%	$177.04M	8.86	$883.31M	52.44
LNTH	LANTHEUS HOLDINGS INC	$64.41	N/A	N/A	13.45x	15.79x	3.39x	5.41x	N/A	$258.71M	5.88%	$815.89M	11.95	$4.26B	8.68
GMAB	GENMAB A	$28.56	$21.65	31.92%	29.44x	17.31x	7.87x	4.10x	0.61x	$1.02B	5.40%	$4.60B	6.96	$16.82B	N/A
SEM	SELECT MEDICAL HOLDINGS CORP	$28.17	$50.07	-43.74%	14.75x	7.87x	0.54x	2.81x	0.25x	$352.86M	9.76%	$1.29B	10.04	$8.49B	11.58
CVS	CVS HEALTH CORP	$68.50	$120.06	-42.94%	10.55x	6.91x	0.25x	1.13x	0.28x	$10.40B	11.81%	$76.46B	59.50	$157.39B	11.40
ISRG	INTUITIVE SURGICAL INC	$377.08	N/A	N/A	66.86x	74.52x	18.21x	9.58x	N/A	$595.80M	0.45%	$13.96B	39.50	$130.91B	51.71
MOH	MOLINA HEALTHCARE INC	$363.22	$231.54	56.87%	19.21x	15.52x	0.62x	5.03x	1.00x	$1.58B	7.53%	$4.22B	73.05	$18.75B	10.75
UTMD	UTAH MEDICAL PRODUCTS INC	$67.56	N/A	N/A	14.75x	N/A	4.83x	1.89x	N/A	$21.64M	8.93%	$128.31M	35.75	$149.90M	5.67
DOCS	DOXIMITY INC	$24.58	$12.37	98.64%	34.14x	23.41x	9.78x	5.30x	1.02x	$161.60M	3.53%	$864.61M	4.64	$4.48B	24.00
VEEV	VEEVA SYSTEMS INC	$201.10	$45.46	342.39%	61.50x	47.21x	13.66x	6.98x	2.56x	$885.14M	2.74%	$4.64B	28.93	$31.79B	50.28
HUM	HUMANA INC	$327.98	$395.15	-17.00%	16.33x	10.50x	0.37x	2.43x	0.40x	$3.19B	8.05%	$16.26B	134.78	$46.89B	9.90
BRKR	BRUKER CORP	$82.46	$16.03	414.52%	28.24x	28.24x	4.07x	8.24x	N/A	$254.30M	2.11%	$1.38B	9.41	$12.22B	18.52
IRMD	IRADIMED CORP	$41.90	$13.77	204.22%	30.81x	N/A	8.05x	7.43x	2.32x	$5.46M	1.03%	$71.42M	5.67	$482.85M	21.46
MEIP	MEI PHARMA INC	$3.33	N/A	N/A	1.12x	-0.36x	0.31x	0.37x	N/A	-$53.03M	-238.87%	$59.49M	8.93	$29.05M	1.34
COR	CENCORA INC	$237.69	$138.79	71.26%	25.61x	18.97x	0.18x	52.01x	0.95x	$3.63B	7.63%	$911.70M	4.56	$49.32B	16.38
CI	CIGNA GROUP	$352.65	$352.69	-0.01%	20.07x	12.66x	0.53x	2.23x	0.48x	$10.24B	9.93%	$46.22B	158.11	$126.21B	12.90
CAH	CARDINAL HEALTH INC	$103.37	$78.13	32.30%	40.22x	17.20x	0.12x	-7.29x	0.57x	$3.43B	13.56%	-$3.45B	-14.08	$25.28B	13.37
BMRN	BIOMARIN PHARMACEUTICAL INC	$92.06	$34.39	167.70%	103.44x	32.76x	7.15x	3.51x	1.09x	$62.57M	0.36%	$4.95B	26.36	$17.70B	57.05
DXCM	DEXCOM INC	$134.00	$13.22	913.69%	95.71x	93.71x	14.28x	24.97x	8.47x	$511.90M	0.99%	$2.07B	5.36	$53.63B	58.50
SNY	SANOFI	$47.69	$41.86	13.93%	20.58x	10.15x	2.39x	1.52x	0.57x	$8.87B	7.43%	$79.61B	31.80	$131.08B	9.30
LMAT	LEMAITRE VASCULAR INC	$64.23	$11.52	457.32%	47.23x	43.99x	7.38x	4.82x	5.54x	$29.49M	2.07%	$297.90M	13.41	$1.43B	29.18
TALK	TALKSPACE INC	$3.14	N/A	N/A	-26.17x	-7.48x	3.45x	4.47x	N/A	-$16.53M	-3.18%	$118.65M	0.72	$406.45M	-18.46
ALC	ALCON INC	$80.76	$33.09	144.10%	40.79x	25.56x	4.21x	1.93x	1.27x	$730.00M	1.83%	$20.62B	41.83	$43.89B	19.53
AMN	AMN HEALTHCARE SERVICES INC	$57.17	$76.80	-25.56%	10.63x	8.06x	0.59x	2.61x	0.42x	$268.48M	11.99%	$831.26M	21.22	$3.37B	6.72
PODD	INSULET CORP	$167.27	$31.68	427.95%	56.51x	71.79x	6.87x	15.96x	3.79x	$36.50M	0.31%	$732.70M	10.51	$12.41B	38.34
OPCH	OPTION CARE HEALTH INC	$30.59	N/A	N/A	19.99x	28.59x	1.20x	3.72x	N/A	$174.58M	3.28%	$1.43B	8.22	$6.27B	12.66
ZBH	ZIMMER BIOMET HOLDINGS INC	$121.52	$65.96	84.23%	24.75x	16.14x	3.43x	2.00x	1.09x	$892.40M	3.52%	$12.48B	59.80	$30.27B	13.64
ALGN	ALIGN TECHNOLOGY INC	$311.88	$136.36	128.72%	53.59x	24.37x	6.17x	6.45x	1.05x	$608.06M	2.55%	$3.63B	47.50	$22.58B	27.65
ABT	ABBOTT LABORATORIES	$107.59	$44.61	141.17%	32.80x	20.97x	4.67x	4.81x	1.42x	$5.06B	2.70%	$38.83B	22.31	$194.09B	18.41
HOLX	HOLOGIC INC	$77.19	$49.07	57.29%	36.41x	20.21x	4.64x	3.89x	0.72x	$858.70M	4.66%	$4.65B	19.50	$18.76B	17.65
GMED	GLOBUS MEDICAL INC	$51.27	$19.52	162.71%	47.04x	19.80x	3.70x	1.74x	1.33x	$165.23M	2.85%	$4.00B	35.35	$6.99B	24.12
UNH	UNITEDHEALTH GROUP INC	$486.18	$239.41	103.08%	20.16x	17.61x	1.21x	5.05x	1.59x	$25.68B	5.69%	$88.76B	95.64	$485.34B	13.65
ATRC	ATRICURE INC	$23.17	N/A	N/A	-35.11x	-38.62x	2.69x	2.37x	N/A	-$37.51M	-3.50%	$466.17M	10.07	$1.09B	-134.76
GSK	GSK PLC	$41.24	$53.55	-22.99%	13.40x	9.18x	2.18x	4.95x	0.39x	$6.94B	8.30%	$16.89B	8.33	$102.73B	12.53
THC	TENET HEALTHCARE CORP	$97.86	$95.33	2.65%	16.28x	10.90x	0.48x	6.09x	0.55x	$1.69B	17.03%	$1.61B	15.82	$23.56B	8.76
KIDS	ORTHOPEDIATRICS CORP	$30.63	N/A	N/A	-33.29x	-30.63x	4.67x	1.91x	N/A	-$43.92M	-6.32%	$377.03M	16.63	$712.05M	-172.62
PEN	PENUMBRA INC	$205.70	N/A	N/A	86.79x	110.59x	7.46x	6.75x	N/A	$82.12M	1.04%	$1.18B	30.70	$8.03B	75.10
FONR	FONAR CORP	$16.01	N/A	N/A	8.47x	N/A	1.01x	0.66x	N/A	$12.25M	11.88%	$163.89M	25.46	$90.04M	3.50
NVS	NOVARTIS AG	$97.28	$46.82	107.76%	13.13x	13.68x	3.98x	5.00x	5.53x	$12.92B	6.50%	$39.68B	19.41	$216.31B	N/A
STE	STERIS PLC	$205.99	$136.16	51.28%	36.08x	19.53x	3.76x	3.17x	0.69x	$603.79M	2.97%	$6.42B	64.92	$23.67B	16.99
BNTX	BIONTECH SE	$88.49	$77.34	14.42%	21.03x	18.67x	5.07x	0.96x	0.57x	$5.07B	24.11%	$22.01B	92.57	$9.09B	6.00
VNDA	VANDA PHARMACEUTICALS INC	$4.63	$1.65	180.86%	115.75x	17.15x	1.38x	0.49x	1.13x	$12.42M	4.67%	$544.91M	9.50	$137.58M	14.72
STRR	STAR EQUITY HOLDINGS INC	$0.89	$22.88	-96.13%	0.55x	N/A	0.30x	0.21x	0.02x	$3.23M	23.39%	$65.30M	4.18	-$1.31M	-0.05
ZTS	ZOETIS INC	$149.56	$50.63	195.39%	29.44x	23.48x	8.07x	13.70x	2.30x	$1.63B	2.36%	$5.00B	10.84	$73.19B	19.94
HSIC	HENRY SCHEIN INC	$72.76	$72.76	0.01%	22.88x	12.95x	0.77x	2.56x	0.46x	$313.00M	3.29%	$3.66B	27.98	$11.92B	13.69
BTMD	BIOTE CORP	$5.57	$7.11	-21.66%	42.85x	8.07x	0.77x	-14.12x	0.30x	$24.17M	16.88%	-$29.40M	-1.14	$441.01M	27.82
TFX	TELEFLEX INC	$211.11	$136.82	54.30%	27.85x	13.46x	3.33x	2.24x	0.78x	$419.20M	4.23%	$4.44B	94.53	$11.64B	15.31
WST	WEST PHARMACEUTICAL SERVICES INC	$390.20	$107.79	261.99%	48.90x	35.86x	9.83x	9.93x	2.13x	$414.50M	1.43%	$2.88B	38.78	$28.06B	32.55
IDXX	IDEXX LABORATORIES INC	$493.80	$90.63	444.85%	48.55x	44.53x	11.20x	27.64x	4.96x	$772.88M	1.88%	$1.48B	17.87	$41.62B	34.18
MMSI	MERIT MEDICAL SYSTEMS INC	$74.18	$43.86	69.12%	45.23x	23.78x	3.40x	3.58x	0.74x	$111.06M	2.60%	$1.20B	20.87	$4.60B	20.10
QTRX	QUANTERIX CORP	$16.10	N/A	N/A	-18.72x	-15.19x	4.95x	1.77x	N/A	-$22.69M	-3.75%	$346.93M	9.23	$477.26M	-12.21
PLX	PROTALIX BIOTHERAPEUTICS INC	$1.20	N/A	N/A	10.00x	N/A	1.24x	2.61x	N/A	-$2.47M	-3.08%	$33.57M	0.50	$90.31M	7.75
PINC	PREMIER INC	$21.03	$33.43	-37.10%	15.02x	8.12x	1.91x	1.05x	0.29x	$190.24M	7.56%	$2.39B	19.97	$2.93B	7.95
RVTY	REVVITY INC	$103.50	$68.85	50.33%	18.62x	14.98x	4.65x	1.62x	0.95x	$9.90M	0.08%	$7.87B	63.73	$15.90B	12.77
DBVT	DBV TECHNOLOGIES SA	$0.68	N/A	N/A	-1.79x	-1.66x	8.19x	0.94x	N/A	-$80.33M	-62.06%	$140.19M	0.74	-$4.55M	0.05
DVA	DAVITA INC	$133.91	$138.34	-3.21%	17.57x	11.85x	1.00x	11.12x	0.49x	$1.49B	12.26%	$1.06B	11.63	$22.40B	10.89
SCYX	SCYNEXIS INC	$1.55	N/A	N/A	1.11x	-1.91x	0.53x	0.80x	N/A	$60.16M	81.10%	$72.96M	1.53	$39.00M	0.55
SPOK	SPOK HOLDINGS INC	$15.40	N/A	N/A	19.49x	N/A	2.21x	1.89x	N/A	$22.77M	7.41%	$163.77M	8.21	$289.20M	10.78

Healthcare Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Biotechnology	683	+1.32%	-1.30%	-8.27%	-23.15%	16.46x	5.93x	-73.38%	+2.94%	+21.67%	+87.27%	Strong Buy
Diagnostics & Research	66	+3.94%	+2.57%	-4.30%	-4.92%	38.97x	4.24x	-21.66%	+6.48%	+11.10%	+8.16%	Buy
Drug Manufacturers - General	17	+1.06%	+1.46%	-3.59%	+11.39%	154.11x	5.99x	+34.49%	+8.16%	+15.01%	+15.54%	Buy
Drug Manufacturers - Specialty & Generic	90	+1.81%	+0.53%	-2.97%	-9.66%	46.85x	2.07x	+10.86%	+2.51%	+4.70%	+38.18%	Strong Buy
Healthcare Plans	12	-0.02%	+3.25%	-2.45%	+3.47%	18.55x	2.91x	+20.13%	+6.17%	+14.31%	+16.00%	Buy
Health Information Services	61	+1.33%	+0.55%	-6.85%	-27.06%	71.40x	3.40x	+6.39%	+2.26%	+5.85%	+36.74%	Buy
Medical Care Facilities	50	+2.12%	+1.70%	-3.66%	+5.01%	-1.81x	4.62x	-88.76%	+6.26%	+13.17%	+14.92%	Buy
Medical Devices	154	+1.80%	-0.12%	-1.95%	-16.81%	29.66x	3.71x	+10.48%	+5.26%	+7.71%	+21.29%	Buy
Medical Distribution	9	+0.82%	+0.08%	-1.53%	+33.43%	25.91x	146.00x	+18.66%	+3.51%	+19.60%	+5.02%	Buy
Medical Instruments & Supplies	56	+2.09%	+0.98%	-3.55%	-13.22%	48.70x	3.54x	+11.56%	+7.71%	+10.10%	+18.85%	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 -31.36% over the past year, underperforming other healthcare stocks by -20 percentage points.

Incyte has an average 1 year price target of $73.92, an upside of 43.11% from Incyte's current stock price of $51.65.

Incyte stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Incyte, 25% have issued a Strong Buy rating, 16.67% have issued a Buy, 58.33% 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 -10.98% over the past year, overperforming other healthcare stocks by 1 percentage points.

Harmony Biosciences Holdings has an average 1 year price target of $37.33, an upside of 29.4% from Harmony Biosciences Holdings's current stock price of $28.85.

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. Bristol Myers Squibb Co (NYSE:BMY)

Bristol Myers Squibb Co (NYSE:BMY) 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 25 out of 38 due diligence checks and has strong fundamentals. Bristol Myers Squibb Co has seen its stock lose -30.55% over the past year, underperforming other healthcare stocks by -19 percentage points.

Bristol Myers Squibb Co has an average 1 year price target of $55.73, an upside of 13.75% from Bristol Myers Squibb Co's current stock price of $48.99.

Bristol Myers Squibb Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 11 analysts covering Bristol Myers Squibb Co, 9.09% have issued a Strong Buy rating, 0% have issued a Buy, 81.82% have issued a Hold, while 0% have issued a Sell rating, and 9.09% have issued a Strong Sell.

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 2.75%.

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 52.52%, which is 50 percentage points higher than the healthcare sector average of 2.75%.

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 11.99%, which is 9 percentage points higher than the healthcare sector average of 2.75%.

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 1.84% in the last day, and up 0.58% over the last week. Volitionrx was the among the top gainers in the healthcare sector, gaining 41.67% yesterday.

VolitionRx shares are trading higher after the company announced the availability of its Nu.Q Vet Cancer Test in the US and Europe.

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 82 points higher than the healthcare sector average of 18. It passed 7 out of 7 valuation due diligence checks.

Inmode's stock has dropped -53.96% in the past year. It has underperformed other stocks in the healthcare sector by -42 percentage points.

2. Orasure Technologies (NASDAQ:OSUR)

Orasure Technologies (NASDAQ:OSUR) is the second most undervalued healthcare stock based on WallStreetZen's Valuation Score. Orasure Technologies has a valuation score of 100, which is 82 points higher than the healthcare sector average of 18. It passed 7 out of 7 valuation due diligence checks.

Orasure Technologies's stock has dropped -20.77% in the past year. It has underperformed other stocks in the healthcare sector by -9 percentage points.

3. Voyager Therapeutics (NASDAQ:VYGR)

Voyager Therapeutics (NASDAQ:VYGR) is the third most undervalued healthcare stock based on WallStreetZen's Valuation Score. Voyager Therapeutics has a valuation score of 100, which is 82 points higher than the healthcare sector average of 18. It passed 7 out of 7 valuation due diligence checks.

Voyager Therapeutics's stock has dropped -0.65% in the past year. It has overperformed other stocks in the healthcare sector by 11 percentage points.

Are healthcare stocks a good buy now?

47.34% of healthcare stocks rated by analysts are a strong buy right now. On average, analysts expect healthcare stocks to rise by 37.01% 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 72.92x.

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.