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 Services industry higher today making it today's featured health services winner. The industry as a whole closed the day up 0.2%. By the end of trading, Health Net rose 77 cents (3.4%) to $23.58 on average volume. Throughout the day, 1.4 million shares of Health Net exchanged hands as compared to its average daily volume of 1.8 million shares. The stock ranged in a price between $22.50-$23.69 after having opened the day at $22.77 as compared to the previous trading day's close of $22.81. Other companies within the Health Services industry that increased today were:
), up 11.6%,
), up 9%,
), up 7.3%, and
), up 7.1%.
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Health Net, Inc., through its subsidiaries, provides managed health care services. Health Net has a market cap of $1.84 billion and is part of the
sector. The company has a P/E ratio of 19, above the average health services industry P/E ratio of 8.9 and above the S&P 500 P/E ratio of 17.7. Shares are down 25% year to date as of the close of trading on Monday. Currently there are no analysts that rate Health Net a buy, four analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates Health Net as a
. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including poor profit margins and feeble growth in the company's earnings per share.
- You can view the full Health Net Ratings Report.
- 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
) while those bearish on the health services industry could consider
- Find other investment ideas from our top rated ETFs lists.