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 Drugs industry higher today making it today's featured drugs winner. The industry as a whole closed the day down 1.1%. By the end of trading, Jazz Pharmaceuticals rose $1.15 (2.1%) to $55.61 on light volume. Throughout the day, 568,260 shares of Jazz Pharmaceuticals exchanged hands as compared to its average daily volume of 760,400 shares. The stock ranged in a price between $53.21-$55.81 after having opened the day at $54.09 as compared to the previous trading day's close of $54.46. Other companies within the Drugs industry that increased today were:
), up 9.3%,
), up 6.4%,
), up 5.5%, and
), up 5%.
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Jazz Pharmaceuticals Public Limited Company, a specialty biopharmaceutical company, focuses on the identification, development, and commercialization of pharmaceutical products to meet unmet medical needs. Jazz Pharmaceuticals has a market cap of $3.19 billion and is part of the health care sector. The company has a P/E ratio of 23.1, equal to the average drugs industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 41% year to date as of the close of trading on Monday. Currently there are nine analysts that rate Jazz Pharmaceuticals a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates Jazz Pharmaceuticals as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Jazz Ratings Report.
On the negative front,
), down 10.2%,
), down 9.4%,
), down 9.1%, and
), down 6.9%, were all laggards within the drugs industry with
) being today's drugs industry laggard.
- Use our drugs 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 drugs industry could consider
) while those bearish on the drugs industry could consider
- Find other investment ideas from our top rated ETFs lists.
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