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
SVRA	SAVARA INC	$619.09M	-52.00%	-40.40%	-40.96%	-39.60%	0.30	14.90	N/A	N/A	N/A
LSTA	LISATA THERAPEUTICS INC	$23.01M	-39.70%	-35.90%	-54.03%	-92.40%	0.13	8.92	N/A	N/A	N/A
LVTX	LAVA THERAPEUTICS NV	$69.40M	-68.50%	-35.70%	-51.48%	-148.50%	0.99	6.62	48.60%	-620.10%	-659.85%
AZTR	AZITRA INC	$5.24M	-250.50%	-174.10%	-242.48%	-477.40%	0.40	2.80	100.00%	-2,165.70%	-2,036.56%
EVOK	EVOKE PHARMA INC	$4.00M	-4,897.70%	-78.40%	-189.52%	-208.80%	2.56	1.39	96.00%	-116.80%	-108.55%
EXAI	EXSCIENTIA PLC	$653.65M	-36.20%	-26.20%	-36.13%	-59.80%	0.44	6.22	-36.50%	-726.90%	-801.94%
ARTL	ARTELO BIOSCIENCES INC	$4.58M	-73.70%	-68.90%	-99.70%	-120.30%	0.09	11.36	N/A	N/A	N/A
VIR	VIR BIOTECHNOLOGY INC	$1.32B	-32.60%	-27.00%	-32.36%	-36.30%	0.16	12.90	98.80%	-677.70%	-690.97%
VXRT	VAXART INC	$169.59M	-121.10%	-80.00%	-109.27%	-125.00%	0.59	3.14	100.00%	-920.00%	-916.88%
XENE	XENON PHARMACEUTICALS INC	$3.00B	-24.30%	-23.30%	-21.05%	-26.90%	0.04	31.82	N/A	N/A	N/A
NXTC	NEXTCURE INC	$46.72M	-53.30%	-47.50%	-60.37%	-55.80%	0.16	10.70	N/A	N/A	N/A
VCEL	VERICEL CORP	$2.35B	0.20%	0.10%	0.58%	0.60%	0.53	5.20	69.50%	0.20%	0.90%
QLI	QILIAN INTERNATIONAL HOLDING GROUP LTD	$24.38M	-16.20%	-13.40%	-17.18%	-20.50%	0.16	5.18	3.80%	-16.70%	-16.48%
PRQR	PROQR THERAPEUTICS NV	$163.44M	-61.60%	-19.50%	-29.62%	-172.20%	2.56	3.11	100.00%	-199.00%	-196.42%
NRIX	NURIX THERAPEUTICS INC	$815.41M	-67.10%	-43.60%	-64.27%	-65.30%	0.85	2.86	100.00%	-178.90%	-178.82%
PRGO	PERRIGO CO PLC	$4.07B	-0.20%	-0.10%	0.59%	0.80%	1.27	1.81	35.70%	-0.20%	1.18%
WRBY	WARBY PARKER INC	$1.96B	-18.00%	-9.50%	-13.64%	-15.60%	0.88	2.50	55.00%	-7.90%	-9.27%
NBTX	NANOBIOTIX SA	$340.77M	N/A	-51.70%	-56.28%	-93.70%	-51.95	1.75	100.00%	-109.60%	-68.43%
TNGX	TANGO THERAPEUTICS INC	$803.48M	-44.30%	-27.60%	-30.67%	-33.50%	0.54	8.23	100.00%	-299.90%	-299.41%
MORF	MORPHIC HOLDING INC	$1.46B	-22.90%	-22.30%	-24.18%	-26.50%	0.03	38.17	N/A	N/A	N/A
TMCI	TREACE MEDICAL CONCEPTS INC	$310.04M	-39.70%	-22.20%	-25.32%	-20.30%	0.92	3.98	81.00%	-27.90%	-25.28%
LENZ	LENZ THERAPEUTICS INC	$417.49M	-58.00%	-49.00%	-59.15%	-148.30%	0.10	11.47	N/A	N/A	N/A
NVNO	ENVVENO MEDICAL CORP	$66.52M	-62.20%	-57.60%	-51.03%	-64.60%	0.06	29.08	N/A	N/A	N/A
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%
RLMD	RELMADA THERAPEUTICS INC	$100.78M	-102.10%	-91.30%	-130.89%	-110.00%	0.17	6.83	N/A	N/A	N/A
PHR	PHREESIA INC	$1.37B	-53.30%	-38.00%	-52.86%	-328.10%	0.47	1.78	65.20%	-38.40%	-38.61%
SUPN	SUPERNUS PHARMACEUTICALS INC	$1.60B	-1.70%	-1.20%	-0.51%	-2.20%	0.40	1.73	87.20%	-2.60%	-0.85%
SLDB	SOLID BIOSCIENCES INC	$343.50M	-55.90%	-45.00%	-38.47%	-70.80%	0.18	14.94	N/A	N/A	N/A
KTRA	KINTARA THERAPEUTICS INC	$7.91M	-852.50%	-257.30%	-154.35%	1,046.40%	0.26	5.04	N/A	N/A	N/A
NVRO	NEVRO CORP	$418.71M	-28.70%	-14.00%	-14.22%	-12.40%	1.14	7.38	68.90%	-19.20%	-17.47%
RDNT	RADNET INC	$4.24B	3.10%	0.80%	3.61%	3.40%	2.17	1.86	13.70%	1.30%	5.54%
LFST	LIFESTANCE HEALTH GROUP INC	$2.83B	-11.90%	-8.10%	-8.80%	-19.70%	0.47	1.18	29.70%	-15.70%	-15.13%
CCLD	CARECLOUD INC	$45.46M	-91.00%	-59.20%	-89.47%	-203.30%	0.86	1.02	39.90%	-53.30%	-42.02%
NKTX	NKARTA INC	$460.15M	-34.10%	-26.00%	-20.95%	-27.50%	0.22	19.96	N/A	N/A	N/A
RNAC	CARTESIAN THERAPEUTICS INC	$470.35M	N/A	-116.40%	-94.21%	-339.60%	-3.78	3.03	100.00%	-983.80%	-1,049.36%
GDTC	CYTOMED THERAPEUTICS LTD	$24.46M	-69.90%	-47.00%	-35.02%	-120.50%	0.10	14.08	N/A	N/A	N/A
VRNA	VERONA PHARMA PLC	$1.05B	-25.10%	-21.20%	-21.45%	-99.40%	0.29	18.40	N/A	N/A	N/A
ALDX	ALDEYRA THERAPEUTICS INC	$234.69M	-24.70%	-20.30%	-23.35%	-322.00%	0.25	6.50	N/A	N/A	N/A
AKYA	AKOYA BIOSCIENCES INC	$140.75M	-123.40%	-38.80%	-48.22%	-50.20%	3.73	3.07	56.00%	-72.70%	-62.64%
ELYM	ELIEM THERAPEUTICS INC	$240.00M	-13.30%	-12.90%	-13.65%	-36.90%	0.03	37.03	N/A	N/A	N/A
IPA	IMMUNOPRECISE ANTIBODIES LTD	$31.05M	-26.70%	-18.50%	-22.66%	-62.70%	0.58	1.66	51.90%	-60.20%	-66.60%
SNPX	SYNAPTOGENIX INC	$5.86M	-49.90%	-38.70%	-19.63%	214.00%	0.30	4.58	N/A	N/A	N/A
HSCS	HEART TEST LABORATORIES INC	$4.57M	-381.90%	-134.20%	-66.24%	-453.70%	0.25	5.09	67.30%	-34,362.40%	-32,388.74%
CDTX	CIDARA THERAPEUTICS INC	$51.14M	N/A	-58.10%	288.35%	155.70%	-3.97	0.72	93.30%	-78.60%	-79.02%
ESPR	ESPERION THERAPEUTICS INC	$447.13M	N/A	-33.40%	-13.38%	-5.40%	-2.27	2.22	81.90%	-37.70%	-12.14%
AUGX	AUGMEDIX INC	$59.25M	-178.30%	-38.70%	-51.21%	-83.70%	2.35	2.04	48.20%	-42.00%	-36.84%
ENTX	ENTERA BIO LTD	$87.32M	-103.40%	-85.00%	-95.27%	8,841.70%	0.16	8.70	N/A	N/A	N/A
ERAS	ERASCA INC	$341.52M	-38.80%	-31.20%	-37.34%	-38.40%	0.28	10.14	N/A	N/A	N/A
ABOS	ACUMEN PHARMACEUTICALS INC	$219.29M	-22.90%	-20.80%	-18.58%	-26.70%	0.15	30.20	N/A	N/A	N/A
ENTO	FIRST WAVE BIOPHARMA INC	$7.38M	-107.60%	-23.80%	-24.64%	-130.00%	0.82	1.21	N/A	N/A	N/A
TENX	TENAX THERAPEUTICS INC	$6.95M	-89.70%	-77.60%	-81.08%	9,932.20%	0.16	7.12	N/A	N/A	N/A
NAUT	NAUTILUS BIOTECHNOLOGY INC	$369.53M	-24.90%	-21.70%	-24.13%	-23.30%	0.16	20.09	N/A	N/A	N/A
TRML	TOURMALINE BIO INC	$385.72M	-15.50%	-15.00%	-9.30%	-24.90%	0.01	62.17	N/A	N/A	N/A
CNTB	CONNECT BIOPHARMA HOLDINGS LTD	$98.08M	-47.40%	-40.80%	-58.41%	-164.60%	0.25	4.99	N/A	N/A	N/A
SLNO	SOLENO THERAPEUTICS INC	$1.54B	-61.80%	-46.90%	-33.49%	-332.10%	0.18	11.23	N/A	N/A	N/A
GDRX	GOODRX HOLDINGS INC	$2.81B	-0.80%	-0.40%	-0.05%	-0.10%	1.30	6.29	91.80%	-0.90%	-0.08%
ELVN	ENLIVEN THERAPEUTICS INC	$1.08B	-28.80%	-27.00%	-25.05%	-48.50%	0.08	13.47	N/A	N/A	N/A
PRME	PRIME MEDICINE INC	$849.82M	-100.90%	-79.80%	-71.25%	-131.50%	0.28	8.91	100.00%	-34,601.90%	-34,592.22%
MDGL	MADRIGAL PHARMACEUTICALS INC	$4.69B	-128.60%	-78.50%	-44.43%	-121.50%	0.27	9.39	N/A	N/A	N/A
ACHV	ACHIEVE LIFE SCIENCES INC	$171.71M	-177.00%	-76.60%	-48.98%	-407.10%	0.42	3.29	N/A	N/A	N/A
PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	$550.16M	-43.10%	-16.60%	-18.41%	-20.10%	1.57	9.28	27.10%	-148.10%	-146.70%
XRAY	DENTSPLY SIRONA INC	$5.87B	-2.80%	-1.30%	-0.67%	-1.00%	1.19	1.43	52.60%	-2.40%	-0.99%
NEUE	NEUEHEALTH INC	$49.27M	N/A	-47.50%	622.34%	-690.90%	-1.07	0.77	15.60%	-94.30%	-86.94%
APYX	APYX MEDICAL CORP	$55.43M	-78.00%	-33.60%	-32.05%	-37.90%	2.48	5.87	63.70%	-45.20%	-38.21%
APLS	APELLIS PHARMACEUTICALS INC	$5.01B	-160.70%	-49.80%	-62.64%	-126.50%	2.12	3.77	86.50%	-79.60%	-73.70%
ORGS	ORGENESIS INC	$18.96M	-514.40%	-106.50%	2,824.20%	-115.00%	-1.69	0.25	-3,084.50%	-10,445.50%	-9,884.72%
LUMO	LUMOS PHARMA INC	$20.62M	-119.90%	-85.90%	-157.02%	-791.60%	0.61	6.24	100.00%	-2,434.70%	-2,436.59%
ARWR	ARROWHEAD PHARMACEUTICALS INC	$3.08B	-147.10%	-59.90%	-50.37%	-63.30%	0.95	8.31	100.00%	-1,327.20%	-1,263.79%
OMGA	OMEGA THERAPEUTICS INC	$132.92M	-136.00%	-44.20%	-57.61%	-40.20%	3.44	2.87	100.00%	-1,868.40%	-1,854.55%
DYAI	DYADIC INTERNATIONAL INC	$48.24M	-116.10%	-76.10%	-75.02%	-341.10%	1.81	5.54	38.20%	-348.00%	-346.56%
ONVO	ORGANOVO HOLDINGS INC	$10.34M	-182.90%	-138.50%	-265.74%	-567.70%	0.44	3.67	100.00%	-7,886.40%	-7,885.54%
ALEC	ALECTOR INC	$524.33M	-71.80%	-18.30%	-24.71%	-26.20%	2.55	3.53	100.00%	-125.10%	-120.63%
MRUS	MERUS NV	$2.58B	-44.10%	-33.10%	-37.99%	-75.20%	0.43	5.23	100.00%	-390.40%	-415.83%
AFMD	AFFIMED NV	$79.94M	-118.30%	-81.40%	-149.70%	-413.60%	0.68	3.25	100.00%	-1,280.20%	-1,288.95%
SCPH	SCPHARMACEUTICALS INC	$171.26M	-132.40%	-58.70%	-74.76%	-66.50%	2.19	6.21	71.70%	-327.30%	-280.43%
BCYC	BICYCLE THERAPEUTICS PLC	$913.76M	-49.30%	-30.10%	-32.79%	-271.10%	0.54	10.42	100.00%	-404.10%	-392.12%
PSTX	POSEIDA THERAPEUTICS INC	$309.29M	-97.40%	-38.90%	-56.15%	-40.60%	2.10	2.56	100.00%	-131.90%	-121.03%
BLFS	BIOLIFE SOLUTIONS INC	$1.01B	-18.60%	-15.20%	-16.84%	-42.80%	0.21	2.89	33.00%	-45.80%	-44.51%
ADPT	ADAPTIVE BIOTECHNOLOGIES CORP	$532.00M	-64.10%	-31.10%	-37.55%	-32.50%	1.26	4.51	57.10%	-123.20%	-115.64%
SONN	SONNET BIOTHERAPEUTICS HOLDINGS INC	$5.73M	-382.20%	-126.20%	-267.96%	559.80%	0.94	1.89	100.00%	-9,087.10%	-9,087.11%
RGNX	REGENXBIO INC	$787.60M	-70.70%	-41.30%	-48.98%	-48.10%	0.61	3.59	56.90%	-300.00%	-293.13%
TELA	TELA BIO INC	$154.84M	-155.30%	-48.60%	-61.75%	-64.70%	3.99	4.13	69.00%	-63.80%	-55.41%
CLNN	CLENE INC	$47.52M	-322.20%	-86.50%	-233.41%	-126.70%	9.57	1.23	78.70%	-7,873.20%	-7,109.35%
TNXP	TONIX PHARMACEUTICALS HOLDING CORP	$18.82M	-83.00%	-67.00%	-85.83%	-92.30%	0.25	1.47	37.60%	-961.90%	-961.87%
QTTB	Q32 BIO INC	$362.56M	-100.90%	-60.80%	-69.60%	-123.50%	2.12	4.19	100.00%	-23,471.20%	-23,471.19%
STRO	SUTRO BIOPHARMA INC	$328.00M	-89.30%	-26.00%	-26.78%	-30.30%	3.12	4.46	100.00%	-74.60%	-56.31%
RMTI	ROCKWELL MEDICAL INC	$53.51M	-46.10%	-17.40%	-16.98%	-21.40%	1.46	1.79	10.60%	-9.70%	-7.01%
NTBL	NOTABLE LABS LTD	$9.20M	-76.10%	-60.50%	-93.50%	-751.20%	0.35	4.66	37.30%	-3,928.00%	-3,934.08%
IOVA	IOVANCE BIOTHERAPEUTICS INC	$2.87B	-71.50%	-55.20%	-57.78%	-142.90%	0.28	4.63	-846.20%	-23,615.70%	-23,872.37%
CDNA	CAREDX INC	$807.30M	-55.60%	-37.90%	-51.11%	-72.80%	0.77	4.32	62.90%	-66.60%	-71.01%
MRNS	MARINUS PHARMACEUTICALS INC	$73.06M	-518.10%	-81.90%	-137.21%	-101.80%	-9.36	3.07	91.20%	-513.80%	-458.81%
SGMO	SANGAMO THERAPEUTICS INC	$134.88M	-258.20%	-156.40%	-375.59%	-239.70%	1.28	1.71	100.00%	-1,749.10%	-1,776.61%
PSNL	PERSONALIS INC	$72.71M	-64.20%	-41.30%	-56.41%	-57.70%	0.62	3.84	25.60%	-124.90%	-124.70%
WGS	GENEDX HOLDINGS CORP	$585.31M	-54.80%	-31.60%	-39.19%	-76.30%	0.90	3.22	50.60%	-60.90%	-60.73%
DCTH	DELCATH SYSTEMS INC	$210.34M	-362.90%	-138.90%	-214.60%	-412.50%	1.47	2.52	70.50%	-1,080.70%	-1,060.10%
SYRS	SYROS PHARMACEUTICALS INC	$145.67M	-409.20%	-91.50%	-142.96%	-192.90%	7.95	3.01	100.00%	-2,069.80%	-1,995.07%
OBIO	ORCHESTRA BIOMED HOLDINGS INC	$186.46M	-70.20%	-49.20%	-70.29%	-67.20%	0.45	7.34	92.10%	-2,330.50%	-2,290.52%
INCR	INTERCURE LTD	$149.93M	-13.00%	-7.10%	-7.13%	-10.20%	0.72	1.85	29.60%	-17.40%	-11.25%
LEXX	LEXARIA BIOSCIENCE CORP	$40.59M	-123.00%	-119.00%	-86.78%	-516.40%	0.03	66.29	95.40%	-1,410.70%	-1,409.68%
SYBX	SYNLOGIC INC	$19.32M	-190.00%	-113.90%	-291.48%	-192.40%	1.71	3.19	100.00%	-2,284.70%	-2,284.24%

Healthcare Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Biotechnology	679	-0.70%	+1.84%	+3.96%	-19.69%	8.47x	6.01x	+18.62%	+3.83%	-27.52%	+77.73%	Strong Buy
Diagnostics & Research	64	-0.44%	+1.56%	+12.99%	+11.25%	38.96x	4.47x	-13.18%	+6.48%	+11.49%	+5.02%	Buy
Drug Manufacturers - General	18	-0.03%	+1.66%	+7.51%	+18.11%	31.85x	6.42x	+33.60%	+8.10%	+14.22%	+11.01%	Buy
Drug Manufacturers - Specialty & Generic	87	-0.75%	+1.10%	+5.60%	-1.99%	-1.01x	2.20x	+12.36%	+3.36%	+6.05%	+32.29%	Strong Buy
Healthcare Plans	12	+0.52%	+1.22%	+4.66%	+4.46%	25.53x	3.07x	+15.18%	+4.74%	+11.78%	+11.78%	Buy
Health Information Services	61	+0.25%	+2.04%	-0.03%	-19.66%	9.15x	3.33x	+6.71%	+2.23%	+5.33%	+26.88%	Buy
Medical Care Facilities	51	-0.09%	+0.01%	+4.96%	+11.10%	39.23x	4.59x	-92.23%	+6.58%	+13.66%	+15.22%	Buy
Medical Devices	150	-0.35%	+1.37%	+2.08%	-13.46%	30.60x	4.00x	+7.35%	+5.26%	+8.26%	+19.86%	Buy
Medical Distribution	10	+0.87%	+0.34%	+1.16%	+26.37%	26.84x	107.17x	-11.87%	+3.44%	+19.58%	+10.98%	Buy
Medical Instruments & Supplies	56	+0.16%	+1.85%	+6.62%	-5.76%	59.83x	3.64x	+11.25%	+7.73%	+10.05%	+18.23%	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 -42.43% over the past year, underperforming other healthcare stocks by -37 percentage points.

Cross Country Healthcare has an average 1 year price target of $19.50, an upside of 33.84% from Cross Country Healthcare's current stock price of $14.57.

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 14.93% over the past year, overperforming other healthcare stocks by 21 percentage points.

Corcept Therapeutics has an average 1 year price target of $40.67, an upside of 44.77% from Corcept Therapeutics's current stock price of $28.09.

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 12.82% over the past year, overperforming other healthcare stocks by 19 percentage points.

Kamada has an average 1 year price target of $11.00, an upside of 104.84% from Kamada's current stock price of $5.37.

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

1. Sanofi (NASDAQ:SNY)

Sanofi (NASDAQ:SNY) has an annual dividend yield of 8.1%, which is 6 percentage points higher than the healthcare sector average of 2.05%. 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.

2. Spok Holdings (NASDAQ:SPOK)

Spok Holdings (NASDAQ:SPOK) has an annual dividend yield of 7.93%, which is 6 percentage points higher than the healthcare sector average of 2.05%. 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. Siga Technologies (NASDAQ:SIGA)

Siga Technologies (NASDAQ:SIGA) has an annual dividend yield of 7.88%, which is 6 percentage points higher than the healthcare sector average of 2.05%.

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

Why are healthcare stocks down?

Healthcare stocks were down -0.28% in the last day, and up 1.47% over the last week. Heart Test Laboratories was the among the top losers in the healthcare sector, dropping -38.37% yesterday.

Heart Test Laboratories shares are trading lower after the company's 1-for-100 reverse stock split began trading on a split-adjusted basis.

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 -44.03% 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 -23.81% in the past year. It has underperformed other stocks in the healthcare sector by -18 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 -42.43% in the past year. It has underperformed other stocks in the healthcare sector by -37 percentage points.

Are healthcare stocks a good buy now?

50.29% of healthcare stocks rated by analysts are a strong buy right now. On average, analysts expect healthcare stocks to rise by 32.6% 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 27.53x.

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.