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 lower today making it today's featured Health Services laggard. The industry as a whole closed the day down 1.7%. By the end of trading, Zimmer Holdings fell $1.23 (-1.9%) to $62.69 on average volume. Throughout the day, 1.5 million shares of Zimmer Holdings exchanged hands as compared to its average daily volume of 1.3 million shares. The stock ranged in price between $62.51-$63.72 after having opened the day at $63.56 as compared to the previous trading day's close of $63.92. Other companies within the Health Services industry that declined today were:
), down 16.3%,
), down 10%,
), down 8.2%, and
), down 8.1%.
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Zimmer Holdings, Inc., through its subsidiaries, engages in the design, development, manufacture, and marketing of orthopedic reconstructive devices, spinal and trauma devices, dental implants, and related surgical products in the Americas, Europe, and the Asia Pacific. Zimmer Holdings has a market cap of $11.16 billion and is part of the health care sector. The company has a P/E ratio of 14.9, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 19.7% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Zimmer Holdings a buy, no analysts rate it a sell, and 13 rate it a hold.
TheStreet Ratings rates Zimmer Holdings as a
. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, increase in net income, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Zimmer Ratings Report.
- Use our health services section to find industry-relevant news.
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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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