Omnicare Inc (OCR): Today's Featured Wholesale Loser

Omnicare ( OCR) pushed the Wholesale industry lower today making it today's featured Wholesale loser. The industry as a whole closed the day down 0.2%. By the end of trading, Omnicare fell 47 cents (-1.5%) to $31.52 on average volume. Throughout the day, 1.4 million shares of Omnicare exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $31.25-$32.04 after having opened the day at $32 as compared to the previous trading day's close of $31.99. Other company's within the Wholesale industry that declined today were: Bluelinx Holdings ( BXC), down 10.6%, Shengkai Innovations ( VALV), down 6.1%, Aegean Marine Petroleum Network ( ANW), down 5.1%, and VOXX International ( VOXX), down 3.2%.

Omnicare, Inc. operates as a healthcare services company that specializes in the management of pharmaceutical care in the United States and Canada. Omnicare has a market cap of $3.67 billion and is part of the services sector. The company has a P/E ratio of 22.2, below the average wholesale industry P/E ratio of 32.8 and above the S&P 500 P/E ratio of 17.7. Shares are down 5.8% year to date as of the close of trading on Wednesday. Currently there are five analysts that rate Omnicare a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Omnicare as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, CE Franklin ( CFK), up 32.3%, Westinghouse Solar ( WEST), up 13.9%, and Houston Wire & Cable Company ( HWCC), up 1.6%, were all gainers within the wholesale industry with Cardinal Health ( CAH) being today's featured wholesale industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the wholesale industry could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the wholesale industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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