Express Scripts (ESRX): Today's Featured Health Services Loser - TheStreet

Express Scripts

(

ESRX

) pushed the Health Services industry lower today making it today's featured Health Services loser. The industry as a whole closed the day down 1.4%. By the end of trading, Express Scripts fell $1.34 (-2.5%) to $52.40 on light volume. Throughout the day, 3.7 million shares of Express Scripts exchanged hands as compared to its average daily volume of 8.1 million shares. The stock ranged in price between $52.31-$54.30 after having opened the day at $53.89 as compared to the previous trading day's close of $53.74. Other company's within the Health Services industry that declined today were:

Dynacq Healthcare

(

DYII

), down 17%,

Tengion

(

TNGN

), down 15%,

Rockwell Medical Technology

(

RMTI

), down 11%, and

Biolase

(

BIOL

), down 9.4%.

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Express Scripts Holding Company provides a range of pharmacy benefit management (PBM) services in North America. Express Scripts has a market cap of $43.5 billion and is part of the

health care

sector. The company has a P/E ratio of 21.9, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 20.3% year to date as of the close of trading on Wednesday. Currently there are 18 analysts that rate Express Scripts a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Express Scripts as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front,

Sun Healthcare Group

(

SUNH

), up 36.8%,

Graymark Healthcare

(

GRMH

), up 18%,

CombiMatrix Corporation

(

CBMX

), up 17.9%, and

BioMimetic Therapeutics

(

BMTI

), up 16.7%, were all gainers within the health services industry with

Centene Corporation

(

CNC

) being today's featured health services industry winner.

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

(

XLV

) while those bearish on the health services industry could consider

ProShares Ultra Short Health Care

(

RXD

).

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