Express Scripts (ESRX): Today's Featured Health Services Winner
(
) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day up 0.3%. By the end of trading, Express Scripts rose 96 cents (1.9%) to $52.63 on light volume. Throughout the day, 4.7 million shares of Express Scripts exchanged hands as compared to its average daily volume of 9.2 million shares. The stock ranged in a price between $51.70-$52.72 after having opened the day at $51.91 as compared to the previous trading day's close of $51.67. Other companies within the Health Services industry that increased today were:
Uroplasty
(
UPI
), up 24.8%,
(
), up 15.7%,
(
), up 14.7%, and
TheStreet Recommends
(
), up 6.9%.
Express Scripts Holding Company provides a range of pharmacy benefit management (PBM) services in North America. Express Scripts has a market cap of $42.06 billion and is part of the
sector. The company has a P/E ratio of 22.8, above the average health services industry P/E ratio of 21.1 and above the S&P 500 P/E ratio of 17.7. Shares are up 27.3% year to date as of the close of trading on Thursday. 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
. 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.
- You can view the full Express Scripts Ratings Report.
On the negative front,
(
), down 7.8%,
(
), down 7.6%,
Concord Medical Services Holdings
(
), down 6.6%, and
(
), down 5.3%, were all losers within the health services industry with
(
) being today's health services industry loser.
- Use our health services section to find industry-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 services industry could consider
Health Care Select Sector SPDR
(
) while those bearish on the health services industry could consider
ProShares Ultra Short Health Care
(
).
- Find other investment ideas from our top rated ETFs lists.
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