4 Stocks Pushing The Health Services Industry Lower

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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 62 points (0.4%) at 14,518 as of Thursday, March 14, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,808 issues advancing vs. 1,087 declining with 143 unchanged.

The Health Services industry currently sits up 0.3% versus the S&P 500, which is up 0.5%. A company within the industry that fell today was Edwards Life ( EW), up 1.2%. Top gainers within the industry include Health Management Associates ( HMA), up 3.2%, Community Health Systems ( CYH), up 2.4%, Smith & Nephew ( SNN), up 2.5%, Fresenius Medical Care Corporation ( FMS), up 1.1% and DaVita HealthCare Partners ( DVA), up 0.9%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. Centene Corporation ( CNC) is one of the companies pushing the Health Services industry lower today. As of noon trading, Centene Corporation is down $2.07 (-4.4%) to $44.95 on heavy volume Thus far, 536,850 shares of Centene Corporation exchanged hands as compared to its average daily volume of 630,800 shares. The stock has ranged in price between $44.60-$46.13 after having opened the day at $46.05 as compared to the previous trading day's close of $47.02.

Centene Corporation provides multi-line healthcare programs and services in the United States. It operates in two segments, Medicaid Managed Care and Specialty Services. Centene Corporation has a market cap of $2.4 billion and is part of the health care sector. The company has a P/E ratio of 1550.0, above the S&P 500 P/E ratio of 17.7. Shares are up 14.7% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Centene Corporation a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Centene Corporation as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Centene Corporation Ratings Report now.

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