) pushed the Health Care sector lower today making it today's featured Health Care loser. The sector as a whole closed the day down 0.8%. By the end of trading, Allergan fell $1.07 (-1.2%) to $90.04 on average volume. Throughout the day, 1.9 million shares of Allergan exchanged hands as compared to its average daily volume of 1.5 million shares. The stock ranged in price between $88.88-$90.74 after having opened the day at $90.74 as compared to the previous trading day's close of $91.11. Other company's within the Health Care sector that declined today were:
), down 70.7%,
), down 33.5%,
), down 23.7%, and
), down 22.2%.
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Allergan, Inc. operates as a multi-specialty healthcare company primarily in the United States, Europe, Latin America, and the Asia Pacific. Allergan has a market cap of $27.32 billion and is part of the
industry. The company has a P/E ratio of 27.8, equal to the average drugs industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 2.6% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate Allergan a buy, one analyst rates it a sell, and eight rate it a hold.
TheStreet Ratings rates Allergan 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, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full Allergan Ratings Report.
On the positive front,
), up 24.2%,
), up 22.7%,
), up 19.9%, and
), up 12.1%, were all gainers within the health care sector with
) being today's featured health care sector winner.
- Use our health care section to find sector-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 care sector could consider
) while those bearish on the health care sector could consider
- Find other investment ideas from our top rated ETFs lists.