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

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
OPRX	OPTIMIZERX CORP	$193.11M	-14.60%	-12.50%	-14.33%	-34.60%	0.45	3.04	60.00%	-24.60%	-33.15%
STOK	STOKE THERAPEUTICS INC	$618.66M	-65.50%	-46.70%	-70.03%	-759.50%	0.46	5.43	100.00%	-1,383.40%	-1,513.82%
AUPH	AURINIA PHARMACEUTICALS INC	$737.98M	-16.40%	-11.50%	-12.94%	-11.50%	0.44	5.61	88.80%	-32.70%	-30.12%
MOLN	MOLECULAR PARTNERS AG	$118.60M	-31.00%	-27.80%	-30.90%	-39.60%	0.12	13.35	100.00%	-880.70%	-807.46%
LQDA	LIQUIDIA CORP	$964.79M	-132.20%	-65.40%	-72.39%	-129.20%	1.50	4.85	83.50%	-448.90%	-413.02%
BEAM	BEAM THERAPEUTICS INC	$1.86B	-15.90%	-9.80%	-10.46%	-12.60%	0.49	5.89	100.00%	-35.10%	-34.73%
GLMD	GALMED PHARMACEUTICALS LTD	$2.11M	-53.30%	-44.40%	-53.98%	-67.40%	0.20	4.81	N/A	N/A	N/A
ETON	ETON PHARMACEUTICALS INC	$96.33M	-6.20%	-3.20%	-7.69%	-747.30%	1.05	1.65	67.60%	-2.90%	-3.65%
BLUE	BLUEBIRD BIO INC	$109.34M	-34.30%	-14.40%	-21.88%	-16.50%	1.76	1.55	-10.10%	-419.60%	-457.81%
LFST	LIFESTANCE HEALTH GROUP INC	$2.63B	-12.70%	-8.60%	-9.72%	-22.00%	0.48	1.11	28.60%	-17.60%	-17.56%
ARVN	ARVINAS INC	$2.20B	-70.20%	-31.80%	-34.98%	-52.20%	0.98	4.98	100.00%	-467.90%	-466.75%
ABSI	ABSCI CORP	$587.61M	-52.50%	-44.10%	-58.30%	-92.90%	0.23	4.08	100.00%	-1,933.60%	-1,914.24%
CCCC	C4 THERAPEUTICS INC	$460.31M	-55.30%	-35.80%	-38.91%	-38.90%	0.53	6.34	100.00%	-638.30%	-625.55%
PGEN	PRECIGEN INC	$358.44M	-62.20%	-48.50%	-74.88%	-113.20%	0.28	2.99	1.70%	-1,540.60%	-1,540.47%
BNTX	BIONTECH SE	$22.19B	0.60%	0.50%	0.87%	2.20%	0.12	11.38	79.40%	4.10%	6.59%
DNLI	DENALI THERAPEUTICS INC	$2.39B	-13.50%	-11.40%	-13.49%	-13.70%	0.12	13.65	100.00%	-43.90%	-43.93%
BNGO	BIONANO GENOMICS INC	$54.53M	-140.60%	-96.90%	-198.74%	-187.40%	1.23	1.40	26.50%	-643.70%	-629.39%
LYRA	LYRA THERAPEUTICS INC	$31.76M	-78.80%	-51.90%	-56.04%	-67.50%	0.83	4.78	100.00%	-4,099.80%	-4,096.31%
LYEL	LYELL IMMUNOPHARMA INC	$647.55M	-33.90%	-29.70%	-34.50%	-38.30%	0.15	16.51	100.00%	-335,794.10%	-335,794.12%
OTRK	ONTRAK INC	$11.92M	-866.70%	-167.50%	-130.77%	-301.00%	0.39	3.24	69.10%	-289.40%	-163.21%
CLDX	CELLDEX THERAPEUTICS INC	$2.75B	-32.30%	-30.30%	-17.19%	-38.20%	0.04	31.77	100.00%	-2,386.00%	-2,385.97%
PDEX	PRO DEX INC	$60.79M	13.90%	8.50%	16.07%	12.30%	0.63	3.45	27.90%	8.80%	13.04%
NPCE	NEUROPACE INC	$381.80M	-153.80%	-31.70%	-26.73%	-16.10%	4.21	5.71	73.60%	-50.40%	-37.36%
ARDX	ARDELYX INC	$2.14B	-41.70%	-23.10%	-20.62%	-22.70%	1.27	4.53	85.30%	-41.40%	-37.01%
CODX	CO-DIAGNOSTICS INC	$39.39M	-35.40%	-32.60%	-42.55%	-55.80%	0.11	10.81	38.60%	-518.70%	-559.46%
XOMA	XOMA CORP	$290.88M	-44.20%	-30.00%	-18.74%	-41.50%	1.64	8.68	100.00%	-973.20%	-846.20%
ARQT	ARCUTIS BIOTHERAPEUTICS INC	$769.67M	-294.90%	-78.60%	-77.81%	-58.10%	2.85	7.08	91.60%	-439.80%	-384.72%
SPRC	SCISPARC LTD	$876.29k	65.00%	47.00%	64.50%	245.90%	0.21	4.10	76.30%	177.90%	215.32%
KROS	KEROS THERAPEUTICS INC	$2.17B	-46.70%	-42.60%	-44.26%	-495.40%	0.11	14.25	100.00%	-101,319.20%	-101,319.21%
NTLA	INTELLIA THERAPEUTICS INC	$2.28B	-43.90%	-36.40%	-40.58%	-42.80%	0.24	8.67	100.00%	-1,326.50%	-1,326.51%
WRBY	WARBY PARKER INC	$1.51B	-21.00%	-11.10%	-15.89%	-17.60%	0.92	2.35	54.50%	-9.40%	-10.75%
PRCT	PROCEPT BIOROBOTICS CORP	$3.16B	-41.30%	-27.90%	-28.82%	-56.00%	0.45	8.52	53.50%	-66.10%	-63.47%
PRTC	PURETECH HEALTH PLC	$744.61M	-13.10%	-9.40%	-5.47%	-7.20%	0.51	6.76	100.00%	-1,972.90%	-1,056.22%
HCA	HCA HEALTHCARE INC	$81.21B	-267.80%	9.90%	20.82%	12.40%	-34.48	1.16	39.70%	8.20%	13.67%
INO	INOVIO PHARMACEUTICALS INC	$277.64M	-86.60%	-62.60%	-104.29%	-81.80%	0.46	3.60	100.00%	-16,239.90%	-16,092.90%
IKNA	IKENA ONCOLOGY INC	$63.22M	-44.20%	-37.30%	-38.41%	-75.20%	0.13	12.58	100.00%	-744.20%	-745.94%
LIFE	ATYR PHARMA INC	$114.56M	-56.80%	-43.90%	-55.44%	-50.30%	0.34	6.07	100.00%	-9,171.60%	-9,171.60%
HLN	HALEON PLC	$38.05B	6.40%	3.00%	6.57%	17.00%	1.04	1.04	59.70%	9.30%	17.11%
CELZ	CREATIVE MEDICAL TECHNOLOGY HOLDINGS INC	$6.05M	-41.50%	-40.20%	-51.11%	-366.80%	0.04	27.66	60.00%	-58,739.70%	-58,739.71%
PLRX	PLIANT THERAPEUTICS INC	$831.89M	-35.10%	-31.80%	-34.47%	-37.00%	0.19	16.12	100.00%	-68,848.00%	-68,282.66%
ABCL	ABCELLERA BIOLOGICS INC	$1.20B	-12.40%	-9.70%	-12.71%	-15.70%	0.29	7.33	100.00%	-385.00%	-457.67%
OCUL	OCULAR THERAPEUTIX INC	$862.04M	-288.90%	-48.50%	-31.96%	-75.00%	1.77	6.66	91.00%	-138.10%	-118.74%
ALLO	ALLOGENE THERAPEUTICS INC	$508.97M	-56.70%	-45.60%	-54.03%	-52.30%	0.26	12.38	100.00%	-344,489.50%	-344,489.47%
MRNS	MARINUS PHARMACEUTICALS INC	$80.87M	-264.60%	-70.70%	-96.75%	-88.30%	9.19	4.07	93.80%	-456.30%	-406.75%
IMNM	IMMUNOME INC	$922.87M	-286.40%	-129.00%	-84.29%	1,140.10%	0.24	6.63	100.00%	-761.90%	-761.92%
PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	$533.22M	-43.80%	-16.60%	-18.40%	-21.30%	1.49	7.81	26.30%	-153.00%	-151.51%
MTD	METTLER TOLEDO INTERNATIONAL INC	$26.87B	-852.80%	23.50%	48.34%	31.20%	-23.38	1.04	59.20%	20.80%	27.75%
PLUR	PLURI INC	$29.04M	-209.50%	-49.60%	-60.17%	-32.80%	7.94	7.12	97.50%	-6,708.40%	-6,242.02%
CUE	CUE BIOPHARMA INC	$101.18M	-112.30%	-71.10%	-111.34%	-308.40%	0.66	3.01	100.00%	-924.10%	-901.42%
OLK	OLINK HOLDING AB (PUBL)	$2.88B	-6.50%	-5.60%	-7.14%	-27.00%	0.20	4.75	67.50%	-18.60%	-23.02%
DRIO	DARIOHEALTH CORP	$47.11M	-91.80%	-59.30%	-70.76%	-181.70%	0.66	3.79	29.40%	-312.10%	-291.68%
QTTB	Q32 BIO INC	$83.49M	-104.50%	-76.30%	-154.76%	-108.50%	0.16	7.25	100.00%	-9,771.70%	-9,771.71%
MIST	MILESTONE PHARMACEUTICALS INC	$92.48M	-171.00%	-64.40%	-84.02%	-55.30%	3.49	10.11	100.00%	-5,968.50%	-5,713.10%
MGNX	MACROGENICS INC	$1.02B	-5.80%	-2.80%	-3.15%	-3.80%	0.96	4.48	86.00%	-15.40%	-12.98%
SXTP	60 DEGREES PHARMACEUTICALS INC	$2.42M	N/A	-49.20%	-29.89%	-32.50%	0.61	2.55	-87.10%	-1,547.70%	-583.19%
PPBT	PURPLE BIOTECH LTD	$10.42M	49.00%	41.70%	59.47%	-707.20%	0.29	2.20	N/A	N/A	N/A
UFPT	UFP TECHNOLOGIES INC	$1.96B	16.90%	11.30%	16.64%	26.00%	0.41	2.49	28.10%	11.20%	14.38%
CVKD	CADRENAL THERAPEUTICS INC	$8.00M	-141.20%	-129.20%	-108.42%	3,531.00%	0.11	10.27	N/A	N/A	N/A
GHSI	GUARDION HEALTH SCIENCES INC	$10.27M	2.00%	1.20%	1.49%	4.30%	0.46	9.01	44.00%	1.30%	1.29%
CLOV	CLOVER HEALTH INVESTMENTS CORP	$356.61M	-67.60%	-19.70%	-68.92%	-224.20%	0.99	1.64	13.00%	-10.50%	-10.49%
OGN	ORGANON & CO	$5.32B	-359.20%	9.10%	12.84%	10.10%	246.73	1.65	59.00%	16.50%	18.91%
ACRS	ACLARIS THERAPEUTICS INC	$92.91M	-52.80%	-40.20%	-53.38%	-58.50%	0.26	4.16	42.10%	-283.10%	-284.32%
QURE	UNIQURE NV	$225.80M	-99.30%	-37.70%	-34.96%	-32.80%	3.01	8.85	14.00%	-1,947.10%	-1,672.66%
NGNE	NEUROGENE INC	$421.71M	-34.40%	-28.80%	-18.19%	-53.10%	0.20	8.72	N/A	N/A	N/A
PIII	P3 HEALTH PARTNERS INC	$229.03M	-120.90%	-6.50%	-6.96%	462.00%	3.01	0.56	3.50%	-4.60%	-3.09%
STTK	SHATTUCK LABS INC	$531.62M	-64.90%	-57.50%	-64.45%	-142.60%	0.14	9.15	100.00%	-3,133.60%	-3,133.63%
COCP	COCRYSTAL PHARMA INC	$16.38M	-56.90%	-52.10%	-61.95%	-927.20%	0.19	8.92	N/A	N/A	N/A
OVID	OVID THERAPEUTICS INC	$213.54M	-49.80%	-38.20%	-39.49%	-55.10%	0.64	9.55	100.00%	-13,362.20%	-13,362.17%
HSDT	HELIUS MEDICAL TECHNOLOGIES INC	$2.15M	-221.10%	-86.20%	-156.67%	-1,302.40%	2.27	3.96	9.50%	-1,374.20%	-1,414.13%
MXCT	MAXCYTE INC	$407.14M	-15.90%	-13.90%	-15.14%	-16.80%	0.16	10.65	88.50%	-91.80%	-91.85%
PAHC	PHIBRO ANIMAL HEALTH CORP	$666.28M	5.40%	1.50%	5.82%	4.10%	2.59	3.13	30.40%	1.50%	4.66%
UPC	UNIVERSE PHARMACEUTICALS INC	$7.95M	-14.30%	-10.90%	-9.34%	-8.80%	0.35	2.68	31.90%	-19.10%	-11.43%
IMAB	I-MAB	$144.53M	-62.00%	-43.80%	-66.55%	3,376.90%	0.52	5.67	100.00%	-5,302.00%	-5,299.42%
SMTI	SANARA MEDTECH INC	$280.76M	-10.00%	-6.40%	-6.37%	-26.90%	0.65	1.38	87.90%	-6.60%	-5.89%
PALI	PALISADE BIO INC	$7.20M	-89.70%	-76.20%	-107.28%	-67,402.70%	0.24	5.15	100.00%	-4,926.40%	-4,920.40%
MRNA	MODERNA INC	$46.81B	-41.80%	-31.20%	-33.47%	-34.00%	0.31	4.03	22.40%	-115.80%	-93.19%
LUMO	LUMOS PHARMA INC	$24.32M	-85.60%	-65.30%	-101.35%	-414.60%	0.49	5.70	100.00%	-1,659.40%	-1,660.80%
KYMR	KYMERA THERAPEUTICS INC	$2.35B	-31.90%	-24.00%	-19.01%	-27.00%	0.22	9.57	100.00%	-194.70%	-194.40%
HBIO	HARVARD BIOSCIENCE INC	$170.13M	-4.60%	-2.40%	0.93%	1.20%	0.88	1.85	58.90%	-3.00%	0.92%
IART	INTEGRA LIFESCIENCES HOLDINGS CORP	$1.82B	2.50%	1.00%	2.62%	3.50%	1.55	4.68	56.10%	2.60%	6.47%
ALEC	ALECTOR INC	$509.39M	-77.20%	-19.00%	-28.20%	-27.20%	3.64	3.18	100.00%	-134.30%	-128.97%
HCAT	HEALTH CATALYST INC	$407.01M	-30.60%	-16.40%	-20.71%	-25.20%	0.91	4.42	44.50%	-39.90%	-42.88%
ALPN	ALPINE IMMUNE SCIENCES INC	$4.23B	-15.50%	-11.30%	-9.47%	-14.80%	0.16	7.86	100.00%	-54.70%	-54.32%
BMY	BRISTOL MYERS SQUIBB CO	$88.99B	-23.00%	-6.50%	-8.00%	-10.90%	5.00	1.11	75.70%	-13.50%	-12.87%
GERN	GERON CORP	$2.21B	-68.20%	-47.30%	-53.38%	-61.60%	0.40	3.67	100.00%	-38,729.80%	-36,840.77%
GBIO	GENERATION BIO CO	$222.70M	-52.30%	-31.80%	-37.81%	-36.50%	0.85	6.83	100.00%	-2,144.50%	-2,144.51%
EOLS	EVOLUS INC	$775.87M	N/A	-36.00%	-33.88%	-41.60%	-10.14	2.33	69.50%	-30.50%	-23.59%
EDIT	EDITAS MEDICINE INC	$463.07M	-43.00%	-30.50%	-39.18%	-50.00%	0.43	5.39	100.00%	-196.10%	-218.61%
AKRO	AKERO THERAPEUTICS INC	$1.24B	-29.70%	-27.20%	-26.49%	-57.20%	0.08	29.27	N/A	N/A	N/A
TWST	TWIST BIOSCIENCE CORP	$2.60B	-31.60%	-25.40%	-30.10%	-52.80%	0.26	5.51	38.30%	-69.20%	-68.93%
DMAC	DIAMEDICA THERAPEUTICS INC	$132.85M	-39.90%	-37.70%	-37.49%	-42.40%	0.06	19.27	N/A	N/A	N/A
PMCB	PHARMACYTE BIOTECH INC	$18.20M	-25.10%	-15.20%	-1.79%	150.70%	0.72	8.16	N/A	N/A	N/A
VTRS	VIATRIS INC	$14.04B	0.30%	0.10%	1.94%	2.80%	1.33	1.67	41.70%	0.40%	5.03%
ATOS	ATOSSA THERAPEUTICS INC	$215.52M	-29.50%	-28.50%	-33.06%	-567.50%	0.06	17.61	N/A	N/A	N/A
CYCN	CYCLERION THERAPEUTICS INC	$7.70M	-63.30%	-42.00%	-49.80%	-600.10%	0.19	3.85	N/A	N/A	N/A
BPMC	BLUEPRINT MEDICINES CORP	$6.65B	-120.70%	-26.80%	-32.31%	-24.50%	2.34	3.76	95.90%	-102.20%	-95.25%
SDGR	SCHRODINGER INC	$1.75B	-25.60%	-18.00%	-26.43%	-28.20%	0.44	4.64	60.40%	-75.90%	-88.52%
SRTS	SENSUS HEALTHCARE INC	$61.64M	1.00%	0.90%	1.32%	2.40%	0.10	11.76	57.60%	2.00%	2.67%
EVGN	EVOGENE LTD	$36.07M	-142.70%	-45.10%	-51.97%	-102.80%	1.86	4.96	70.00%	-423.40%	-406.86%
LFMD	LIFEMD INC	$502.15M	N/A	-56.30%	-74.14%	476.20%	15.10	1.23	87.60%	-15.50%	-11.52%

Healthcare Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Biotechnology	681	-0.10%	+4.37%	-1.88%	-19.33%	7.54x	6.05x	+14.52%	+2.50%	-31.99%	+80.65%	Strong Buy
Diagnostics & Research	66	+0.47%	-0.04%	-3.23%	+1.62%	38.56x	4.23x	-23.96%	+6.32%	+11.12%	+10.22%	Buy
Drug Manufacturers - General	17	+1.17%	+3.14%	+1.61%	+13.48%	62.48x	6.25x	+34.40%	+8.36%	+14.55%	+12.50%	Buy
Drug Manufacturers - Specialty & Generic	90	+0.12%	+2.36%	+0.74%	-4.41%	33.38x	2.15x	+11.85%	+3.07%	+5.62%	+31.34%	Strong Buy
Healthcare Plans	12	+0.45%	-0.17%	-0.14%	-1.26%	19.76x	2.91x	+19.63%	+6.04%	+14.09%	+16.72%	Buy
Health Information Services	61	+0.60%	+0.75%	-4.68%	-22.85%	77.05x	3.26x	+6.62%	+2.09%	+5.12%	+33.92%	Buy
Medical Care Facilities	51	+1.05%	+1.79%	-2.06%	+8.37%	-8.15x	4.39x	-93.28%	+6.63%	+13.88%	+16.78%	Buy
Medical Devices	154	+0.06%	+2.77%	-1.93%	-11.52%	27.44x	3.70x	+10.37%	+5.25%	+7.81%	+19.24%	Buy
Medical Distribution	9	+0.61%	-3.39%	-4.05%	+29.02%	26.18x	109.61x	-9.15%	+3.48%	+18.94%	+10.35%	Buy
Medical Instruments & Supplies	56	+1.16%	+1.68%	-0.64%	-10.06%	57.03x	3.56x	+11.41%	+7.79%	+10.25%	+19.22%	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 45 points higher than the healthcare sector average of 25. It passed 22 out of 33 due diligence checks and has strong fundamentals. Cross Country Healthcare has seen its stock lose -31.83% over the past year, underperforming other healthcare stocks by -24 percentage points.

Cross Country Healthcare has an average 1 year price target of $19.50, an upside of 21.72% from Cross Country Healthcare's current stock price of $16.02.

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. Semler Scientific (NASDAQ:SMLR)

Semler Scientific (NASDAQ:SMLR) is the second 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 return 10.33% over the past year, overperforming other healthcare stocks by 18 percentage points.

3. Corcept Therapeutics (NASDAQ:CORT)

Corcept Therapeutics (NASDAQ:CORT) is the third best healthcare stock with a Zen Score of 67, which is 42 points higher than the healthcare sector average of 25. It passed 22 out of 33 due diligence checks and has strong fundamentals. Corcept Therapeutics has seen its stock return 0.88% over the past year, overperforming other healthcare stocks by 9 percentage points.

Corcept Therapeutics has an average 1 year price target of $40.67, an upside of 69.66% from Corcept Therapeutics's current stock price of $23.97.

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.

What are the healthcare stocks with highest dividends?

Out of 72 healthcare stocks that have issued dividends in the past year, the 3 healthcare stocks with the highest dividend yields are:

1. Mei Pharma (NASDAQ:MEIP)

Mei Pharma (NASDAQ:MEIP) has an annual dividend yield of 54.69%, which is 52 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.

2. Siga Technologies (NASDAQ:SIGA)

Siga Technologies (NASDAQ:SIGA) has an annual dividend yield of 10.11%, which is 7 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.

3. Spok Holdings (NASDAQ:SPOK)

Spok Holdings (NASDAQ:SPOK) has an annual dividend yield of 8.72%, which is 6 percentage points higher than the healthcare sector average of 2.75%. 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.

Why are healthcare stocks up?

Healthcare stocks were up 0.38% in the last day, and up 2.16% over the last week. Nrx Pharmaceuticals was the among the top gainers in the healthcare sector, gaining 45.71% yesterday.

NRx Pharmaceuticals shares are trading higher after the company announced a statistically significant safety advantage of NRX-101 compared to the standard of care comparator in its recently completed clinical trial in patients with suicidal bipolar depression and plans to seek accelerated approval of NRX-101.

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 -46.65% in the past year. It has underperformed other stocks in the healthcare sector by -39 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 -37.29% in the past year. It has underperformed other stocks in the healthcare sector by -29 percentage points.

3. Semler Scientific (NASDAQ:SMLR)

Semler Scientific (NASDAQ:SMLR) is the third most undervalued healthcare stock based on WallStreetZen's Valuation Score. Semler Scientific 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.

Semler Scientific's stock has gained 10.33% in the past year. It has overperformed other stocks in the healthcare sector by 18 percentage points.

Are healthcare stocks a good buy now?

48.21% of healthcare stocks rated by analysts are a strong buy right now. On average, analysts expect healthcare stocks to rise by 35.62% 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 38.43x.

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.