CareFusion Corp (CFN): Today's Featured Health Services Loser

The health services industry closed the day down 1%. Gentiva Health Services Inc ( GTIV), Sun Healthcare Group Inc ( SUNH), Pressure BioSciences Inc ( PBIO), and Alphatec Holdings Inc ( ATEC) were all decliners today within the health services industry with CareFusion ( CFN) being today's featured health services loser. CareFusion fell 31 cents (-1.3%) to $24.23 on light volume. Throughout the day, 1.5 million shares of CareFusion exchanged hands as compared to its average daily volume of 2.4 million shares.

CareFusion Corporation, a medical technology company, provides various healthcare products and services in the United States and internationally. It operates in two segments, Critical Care Technologies, and Medical Technologies and Services. CareFusion has a market cap of $5.4 billion and is part of the health care sector. The company has a P/E ratio of 19.3, below the average health services industry P/E ratio of 22.4 and above the S&P 500 P/E ratio of 17.7. Shares are down 5.7% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates CareFusion as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.

On the positive front, BioMimetic Therapeutics Inc ( BMTI), Tengion Inc ( TNGN), Kips Bay Medical Inc ( KIPS), and Oculus Innovative Sciences Inc ( OCLS) were all gainers within the health services industry with UnitedHealth Group Inc ( UNH) being today's featured health services industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health services industry could consider Health Care Select Sector SPDR ( XLV) while those bearish on the health services industry could consider ProShares Ultra Short Health Care ( RXD).

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