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 0.1%. By the end of trading, Hologic rose 26 cents (1.3%) to $21.05 on average volume. Throughout the day, 2.3 million shares of Hologic exchanged hands as compared to its average daily volume of 2.2 million shares. The stock ranged in a price between $20.74-$21.13 after having opened the day at $20.80 as compared to the previous trading day's close of $20.79. Other companies within the Health Services industry that increased today were:
), up 33.9%,
), up 17.4%,
), up 7.5%, and
), up 7.3%.
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Hologic Inc. develops, manufactures, and supplies diagnostic, medical imaging systems, and surgical products for the healthcare needs of women. The company operates in four segments: Breast Health, Diagnostics, GYN Surgical, and Skeletal Health. Hologic has a market cap of $5.49 billion and is part of the
sector. The company has a P/E ratio of 172.9, 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 18.7% year to date as of the close of trading on Tuesday. Currently there are 15 analysts that rate Hologic a buy, no analysts rate it a sell, and three rate it a hold.
TheStreet Ratings rates Hologic 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, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Hologic Ratings Report.
On the negative front,
), down 26.4%,
), down 6.3%,
), down 6%, and
), down 5%, were all laggards within the health services industry with
) being today's health services industry laggard.
- 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.
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