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 Drugs industry lower today making it today's featured Drugs laggard. The industry as a whole closed the day up 1.0%. By the end of trading, Bristol-Myers Squibb Company fell $0.56 (-1.1%) to $52.85 on average volume. Throughout the day, 5,821,480 shares of Bristol-Myers Squibb Company exchanged hands as compared to its average daily volume of 7,250,100 shares. The stock ranged in price between $52.72-$53.61 after having opened the day at $53.39 as compared to the previous trading day's close of $53.41. Other companies within the Drugs industry that declined today were:
), down 38.6%,
), down 15.9%,
), down 10.4% and
), down 10.0%.
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Bristol-Myers Squibb Company, a biopharmaceutical company, discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products that help patients prevail over serious diseases worldwide. Bristol-Myers Squibb Company has a market cap of $86.2 billion and is part of the health care sector. The company has a P/E ratio of 31.5, above the S&P 500 P/E ratio of 17.7. Shares are up 60.6% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Bristol-Myers Squibb Company a buy, 1 analyst rates it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Bristol-Myers Squibb Company
. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, solid stock price performance, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Bristol-Myers Squibb Company Ratings Report.
On the positive front,
), up 38.9%,
), up 35.7%,
), up 35.7% and
), up 19.0% , were all gainers within the drugs industry with
) being today's featured drugs industry leader.
- Use our drugs section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the drugs industry could consider
) while those bearish on the drugs industry could consider
- Find other investment ideas from our top rated ETFs lists.