) pushed the Health Services industry lower today making it today's featured Health Services loser. The industry as a whole closed the day up 0.1%. By the end of trading, Thermo Fisher Scientific fell 30 cents (-0.6%) to $49.53 on light volume. Throughout the day, 1.5 million shares of Thermo Fisher Scientific exchanged hands as compared to its average daily volume of 2.3 million shares. The stock ranged in price between $49.43-$50.02 after having opened the day at $49.80 as compared to the previous trading day's close of $49.83. Other company's within the Health Services industry that declined today were:
), down 11.2%,
), down 10.4%,
), down 9.3%, and
), down 9.1%.
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Thermo Fisher Scientific, Inc. provides analytical instruments, equipment, reagents and consumables, software, and services for research, manufacture, analysis, discovery, and diagnostics. Thermo Fisher Scientific has a market cap of $18.75 billion and is part of the
sector. The company has a P/E ratio of 18.4, 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 13.5% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Thermo Fisher Scientific a buy, no analysts rate it a sell, and three rate it a hold.
TheStreet Ratings rates Thermo Fisher Scientific as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, attractive valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Thermo Fisher Scientific Ratings Report.
On the positive front,
), up 21.6%,
), up 8.4%,
), up 8%, and
), up 7%, were all gainers within the health services industry with
) being today's featured health services industry winner.
- 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.