Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Health Care sector lower today making it today's featured Health Care laggard. The sector as a whole closed the day up 0.5%. By the end of trading, GlaxoSmithKline fell 62 cents (-1.3%) to $45.87 on average volume. Throughout the day, 2.1 million shares of GlaxoSmithKline exchanged hands as compared to its average daily volume of 2.3 million shares. The stock ranged in price between $45.77-$46.09 after having opened the day at $45.85 as compared to the previous trading day's close of $46.49. Other companies within the Health Care sector that declined today were:
), down 19.6%,
), down 12%,
), down 9.6%, and
), down 9.2%.
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GlaxoSmithKline plc, together with its subsidiaries, engages in the discovery, development, manufacture, and marketing of pharmaceutical products, over the counter (OTC) medicines, and health-related consumer products worldwide. GlaxoSmithKline has a market cap of $117.24 billion and is part of the
industry. The company has a P/E ratio of 14, below the average drugs industry P/E ratio of 14.3 and below the S&P 500 P/E ratio of 17.7. Shares are up 1.9% year to date as of the close of trading on Monday. Currently there are three analysts that rate GlaxoSmithKline a buy, no analysts rate it a sell, and six rate it a hold.
TheStreet Ratings rates GlaxoSmithKline as a
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, notable return on equity, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full GlaxoSmithKline Ratings Report.
On the positive front,
), up 26.7%,
), up 17.8%,
), up 16%, and
), up 15.9%, were all gainers within the health care sector with
) being today's featured health care sector leader.
- 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
) while those bearish on the health care sector could consider
- Find other investment ideas from our top rated ETFs lists.