Skip to main content

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 0.7%. By the end of trading, Cigna fell $1.19 (-1.5%) to $77.76 on average volume. Throughout the day, 2,085,588 shares of Cigna exchanged hands as compared to its average daily volume of 2,355,500 shares. The stock ranged in price between $77.66-$79.06 after having opened the day at $79.02 as compared to the previous trading day's close of $78.95. Other companies within the Health Services industry that declined today were:

Concord Medical Services Holdings



), down 9.3%,

ERBA Diagnostics



), down 9.0%,

Semler Scientific



), down 8.2% and

Cesca Therapeutics



), down 7.8%.

Cigna Corporation, a health services organization, provides insurance and related products and services in the United States and internationally. Cigna has a market cap of $21.6 billion and is part of the health care sector. The company has a P/E ratio of 15.0, below the S&P 500 P/E ratio of 17.7. Shares are down 9.8% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Cigna a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates


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 solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front,




), up 8.3%,




), up 6.1%,

Utah Medical Products



), up 4.5% and




), up 4.1% , were all gainers within the health services industry with

Boston Scientific



) being today's featured health services industry leader.

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




STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.