Hologic Inc (HOLX): Today's Featured Health Services Winner

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.

Hologic ( HOLX) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day up 0.8%. By the end of trading, Hologic rose 40 cents (1.9%) to $21.97 on average volume. Throughout the day, 2.7 million shares of Hologic exchanged hands as compared to its average daily volume of 2.9 million shares. The stock ranged in a price between $21.53-$22.02 after having opened the day at $21.62 as compared to the previous trading day's close of $21.57. Other companies within the Health Services industry that increased today were: Spherix ( SPEX), up 52.2%, Assisted Living Concepts ( ALC), up 22.8%, Electromed ( ELMD), up 14.3%, and Healthways ( HWAY), up 7.5%.
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Hologic, Inc. develops, manufactures, and supplies diagnostics, medical imaging systems, and surgical products for the healthcare needs of women. Hologic has a market cap of $5.81 billion and is part of the health care sector. Shares are up 8.5% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate Hologic a buy, one analyst rates it a sell, and three rate it a hold.

TheStreet Ratings rates Hologic as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.

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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