What are Value Stocks?

A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.

Benzinga Insights has compiled a list of value stocks in the healthcare sector that may be worth watching:

1. Vicarious Surgical (NYSE:RBOT) - P/E: 6.22
2. Walgreens Boots Alliance (NASDAQ:WBA) - P/E: 8.07
3. Pfizer (NYSE:PFE) - P/E: 9.91
4. Aadi Bioscience (NASDAQ:AADI) - P/E: 2.79
5. Innoviva (NASDAQ:INVA) - P/E: 4.04

Vicarious Surgical's earnings per share for Q3 sits at $-0.18, whereas in Q2, they were at -0.16. Most recently, Walgreens Boots Alliance reported earnings per share at $0.8, whereas in Q3 earnings per share sat at $0.96. Its most recent dividend yield is at 5.41%, which has increased by 0.35% from 5.06% in the previous quarter.

Pfizer has reported Q3 earnings per share at $1.78, which has decreased by 12.75% compared to Q2, which was 2.04. Most recently, the company reported a dividend yield of 3.17%, which has decreased by 0.47% from last quarter's yield of 3.64%.

Aadi Bioscience saw an increase in earnings per share from -0.69 in Q2 to $-0.68 now. Most recently, Innoviva reported earnings per share at $2.8, whereas in Q2 earnings per share sat at $0.05.

These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.