The health services industry closed the day down 2.8%. IVAX Diagnostics Inc ( IVD), Pressure BioSciences Inc ( PBIO), Providence Service Corporation ( PRSC), and Neoprobe Corporation ( NEOP) were all decliners today within the health services industry with Medtronic Inc ( MDT) being today's featured health services loser. Medtronic Inc fell 65 cents (-2%) to $32.45 on light volume. Throughout the day, 4.3 million shares of Medtronic Inc exchanged hands as compared to its average daily volume of 7.6 million shares. Medtronic, Inc. manufactures and sells device-based medical therapies worldwide. Medtronic Inc has a market cap of $34.5 billion and is part of the health care sector. The company has a P/E ratio of 11.4, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 11.9% year to date as of the close of trading on Friday. TheStreet Ratings rates Medtronic as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we find that net income has been generally deteriorating over time.
- You can view the full Medtronic Ratings Report.
- Use our health services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
- Find other investment ideas from our top rated ETFs lists.