SLIDESHOW: Top 10 Cheap Healthcare Stocks
By Dividend Channel Staff, updated Fri, May 3, 6:16 PM
This Slide: #1 of 10 |
#10. OraSure Technologies
Trading Symbol
OSUR
Recent Price
5.48
TTM Earnings
1.05
PE Ratio (TTM)
5.2
Avg Past PE (TTM)
57.3
Market Cap
419.3M
#10. OraSure Technologies
Trading Symbol
OSUR
Recent Price
5.48
TTM Earnings
1.05
PE Ratio (TTM)
5.2
Avg Past PE (TTM)
57.3
Market Cap
419.3M
Orasure Technologies is engaged in two segments Diagnostics, and Molecular Solutions. Co.'s Diagnostics business primarily consists of the development, manufacture, marketing and sale of simple, easy to use diagnostic products and specimen collection devices using its proprietary technologies, as well as other diagnostic products including immunoassays and other in vitro diagnostic tests that are used on other specimen types. Co.'s Molecular Solutions products primarily consist of collection kits and services used by clinical laboratories, direct-to-consumer laboratories, researchers, pharmaceutical companies, and animal health service and product providers. More details about OraSure Technologies at: http://www.orasure.com.
ETFs holding OSUR »
Should OraSure Technologies shares be counted among the Top 10 Cheap Healthcare Stocks? To start, we see that the recent trading price for OSUR stock is $5.48 (as of 5/3/2024). The most recent quarter's (MRQ) earnings result, annualized, was $0.88/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, OraSure Technologies produced $1.05/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $0.96/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 5.7 for the TTM Median method, 6.2 for price to earnings using MRQ annualized, and 5.2 for current price/TTM earnings. Based on OSUR's history, that recent TTM PE is low relative to the historical average, with the recent PE 90.9% lower than the average (TTM method) of 57.3.
Should OraSure Technologies shares be counted among the Top 10 Cheap Healthcare Stocks? To start, we see that the recent trading price for OSUR stock is $5.48 (as of 5/3/2024). The most recent quarter's (MRQ) earnings result, annualized, was $0.88/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, OraSure Technologies produced $1.05/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $0.96/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 5.7 for the TTM Median method, 6.2 for price to earnings using MRQ annualized, and 5.2 for current price/TTM earnings. Based on OSUR's history, that recent TTM PE is low relative to the historical average, with the recent PE 90.9% lower than the average (TTM method) of 57.3.
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Hold (2.33 out of 4) 7th percentile
(ranked lower than approx. 93% of all stocks covered)
Analysts' Target Price: OSUR Forecast Based on data provided by Zacks Investment Research via Quandl.com |
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