Edwards Life Sciences Corp. (EW): Today's Featured Health Services Loser

Edwards Life ( EW) pushed the Health Services industry lower today making it today's featured Health Services loser. The industry as a whole closed the day down 0.2%. By the end of trading, Edwards Life fell 60 cents (-0.6%) to $101.88 on average volume. Throughout the day, 1.4 million shares of Edwards Life exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in price between $101.12-$103.47 after having opened the day at $102.32 as compared to the previous trading day's close of $102.48. Other company's within the Health Services industry that declined today were: CombiMatrix Corporation ( CBMX), down 14.6%, Tengion ( TNGN), down 13.8%, Rockwell Medical Technology ( RMTI), down 11.6%, and Dehaier Medical Systems ( DHRM), down 8.3%.

Edwards Lifesciences Corporation provides products and technologies to treat advanced cardiovascular diseases or critically ill patients worldwide. Edwards Life has a market cap of $11.54 billion and is part of the health care sector. The company has a P/E ratio of 49.3, below the average health services industry P/E ratio of 50.6 and above the S&P 500 P/E ratio of 17.7. Shares are up 42.4% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Edwards Life a buy, no analysts rate it a sell, and eight rate it a hold.

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

On the positive front, American Caresource Holdings ( ANCI), up 15%, Enzo Biochem ( ENZ), up 12.3%, Oculus Innovative ( OCLS), up 9.2%, and Vision-Sciences Inc (DE ( VSCI), up 8.3%, were all gainers within the health services industry with Laboratory Corporation of America Holdings ( LH) 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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