UnitedHealth Group Inc (UNH): Today's Featured Health Services Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
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(
) pushed the Health Services industry lower today making it today's featured Health Services laggard. The industry as a whole closed the day down 0.3%. By the end of trading, UnitedHealth Group fell 94 cents (-1.8%) to $52.59 on average volume. Throughout the day, 7.8 million shares of UnitedHealth Group exchanged hands as compared to its average daily volume of six million shares. The stock ranged in price between $52.55-$53.83 after having opened the day at $53.12 as compared to the previous trading day's close of $53.53. Other companies within the Health Services industry that declined today were:
(
), down 8.4%,
(
), down 6.5%,
(
), down 6.3%, and
(
), down 5.4%.
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UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. UnitedHealth Group has a market cap of $55.08 billion and is part of the health care sector. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7. Shares are up 6.4% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate UnitedHealth Group a buy, no analysts rate it a sell, and four rate it a hold.
TheStreet Ratings rates UnitedHealth Group as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full UnitedHealth Group Ratings Report.
On the positive front,
Arrhythmia Research Technology
(
), up 23.1%,
(
), up 14.9%,
(
), up 8.7%, and
(
), up 8.1%, 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.
FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!
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