Aetna Inc (AET): Today's Featured Health Services Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Health Services industry lower today making it today's featured Health Services laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Aetna fell $0.88 (-1.3%) to $64.70 on average volume. Throughout the day, 2,365,981 shares of Aetna exchanged hands as compared to its average daily volume of 2,978,000 shares. The stock ranged in price between $64.26-$65.54 after having opened the day at $65.44 as compared to the previous trading day's close of $65.58. Other companies within the Health Services industry that declined today were:
(
), down 7.3%,
(
), down 4.7%,
USMD Holdings
(
USMD
), down 4.3% and
(
), down 4.0%.
Aetna Inc. operates as a diversified health care benefits company in the United States. The company operates in three segments: Health Care, Group Insurance, and Large Case Pensions. Aetna has a market cap of $21.4 billion and is part of the health care sector. Shares are up 41.6% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Aetna a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Aetna
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Aetna Ratings Report.
On the positive front,
(
), up 19.6%,
(
), up 8.7%,
(
), up 7.7% and
(
), up 7.0% , were all gainers within the health services industry with
(
) being today's featured health services industry leader.
- Use our health services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health services industry could consider
Health Care Select Sector SPDR
(
) while those bearish on the health services industry could consider
ProShares Ultra Short Health Care
(
).
- Find other investment ideas from our top rated ETFs lists.
null