Zimmer Holdings Inc (ZMH): 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 0.4%. By the end of trading, Zimmer Holdings fell $0.86 (-1.0%) to $83.62 on average volume. Throughout the day, 1,189,490 shares of Zimmer Holdings exchanged hands as compared to its average daily volume of 1,020,400 shares. The stock ranged in price between $83.02-$84.00 after having opened the day at $83.82 as compared to the previous trading day's close of $84.48. Other companies within the Health Services industry that declined today were:
(
), down 11.1%,
(
), down 7.7%,
(
), down 6.2% and
(
), down 5.2%.
Zimmer Holdings, Inc., through its subsidiaries, engages in the design, development, manufacture, and marketing of orthopedic reconstructive devices, spinal and trauma devices, biologics, dental implants, and related surgical products in the Americas, Europe, and the Asia Pacific. Zimmer Holdings has a market cap of $14.0 billion and is part of the health care sector. Shares are up 26.7% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Zimmer Holdings a buy, 1 analyst rates it a sell, and 15 rate it a hold.
TheStreet Ratings rates
Zimmer Holdings
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Zimmer Holdings Ratings Report.
On the positive front,
(
), up 26.3%,
(
), up 12.1%,
(
), up 11.2% and
(
), up 10.0% , 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.
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