Cigna Corp (CI): Today's Featured Health Care Winner
(
) pushed the Health Care sector higher today making it today's featured health care winner. The sector as a whole closed the day up 0.4%. By the end of trading, Cigna rose 41 cents (0.9%) to $44.50 on light volume. Throughout the day, 1.5 million shares of Cigna exchanged hands as compared to its average daily volume of 2.9 million shares. The stock ranged in a price between $43.95-$44.89 after having opened the day at $44.28 as compared to the previous trading day's close of $44.09. Other companies within the Health Care sector that increased today were:
(
), up 34.7%,
(
), up 28.8%,
(
), up 25.5%, and
(
), up 25.4%.
CIGNA Corporation, a health services organization, through its subsidiaries, provides insurance and related products and services in the United States and internationally. Cigna has a market cap of $12.47 billion and is part of the
industry. The company has a P/E ratio of 9.4, below the average health services industry P/E ratio of 9.5 and below the S&P 500 P/E ratio of 17.7. Shares are up 3% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Cigna a buy, no analysts rate it a sell, and six rate it a hold.
TheStreet Ratings rates Cigna 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 and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Cigna Ratings Report.
On the negative front,
(
), down 37%,
(
), down 18.7%,
(
), down 18.4%, and
(
), down 12.6%, were all losers within the health care sector with
(
) being today's health care sector loser.
- 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
Health Care Select Sector SPDR
(
) while those bearish on the health care sector could consider
ProShares Ultra Short Health Care
(
).
- Find other investment ideas from our top rated ETFs lists.
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