Mettler-Toledo International Inc. (MTD): Today's Featured Health Services Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Mettler-Toledo International ( MTD) pushed the Health Services industry lower today making it today's featured Health Services laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Mettler-Toledo International fell $2.15 (-1.2%) to $174.10 on average volume. Throughout the day, 204,168 shares of Mettler-Toledo International exchanged hands as compared to its average daily volume of 196,100 shares. The stock ranged in price between $172.79-$177.73 after having opened the day at $176.36 as compared to the previous trading day's close of $176.25. Other companies within the Health Services industry that declined today were: CombiMatrix Corporation ( CBMX), down 28.6%, Hooper Holmes ( HH), down 19.6%, IsoRay ( ISR), down 10.8%, and BSD Medical Corporation ( BSDM), down 9.4%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Mettler-Toledo International Inc. engages in the research, development, manufacture, and marketing of precision instruments and software primarily in Europe, North and South America, and Asia. Mettler-Toledo International has a market cap of $5.35 billion and is part of the health care sector. The company has a P/E ratio of 20, above the S&P 500 P/E ratio of 17.7. Shares are up 19.3% year to date as of the close of trading on Thursday. Currently there are four analysts that rate Mettler-Toledo International a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates Mettler-Toledo International as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, notable return on equity, good cash flow from operations and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Spherix ( SPEX), up 22.1%, Cyberonics ( CYBX), up 12.5%, Brookdale Senior Living ( BKD), up 10.8%, and Misonix ( MSON), up 9.9%, were all gainers within the health services industry with UnitedHealth Group ( UNH) being today's featured health services industry leader.

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).

FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!.