Mednax Inc. (MD): Today's Featured Health Services Winner

Mednax ( MD) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day down 1%. By the end of trading, Mednax rose 46 cents (0.7%) to $63.62 on average volume. Throughout the day, 351,079 shares of Mednax exchanged hands as compared to its average daily volume of 463,300 shares. The stock ranged in a price between $62.34-$63.75 after having opened the day at $63.51 as compared to the previous trading day's close of $63.16. Other companies within the Health Services industry that increased today were: Celsion Corporation ( CLSN), up 11.8%, NeuroMetrix ( NUROD), up 9.7%, Biolase ( BIOL), up 9.2%, and Alliance HealthCare Services ( AIQ), up 9%.

MEDNAX, Inc., together with its subsidiaries, provides neonatal, maternal-fetal, other pediatric subspecialties, and anesthesia physician services in the United States and Puerto Rico. Mednax has a market cap of $3.09 billion and is part of the health care sector. The company has a P/E ratio of 13.6, below the average health services industry P/E ratio of 13.9 and below the S&P 500 P/E ratio of 17.7. Shares are down 12.7% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Mednax a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Mednax 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 and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, CombiMatrix Corporation ( CBMX), down 8.4%, Strategic Diagnostics ( SDIX), down 8.3%, D Medical Industries ( DMED), down 7.5%, and Iridex Corporation ( IRIX), down 6.5%, were all losers within the health services industry with Aetna ( AET) being today's health services industry loser.

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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