5 Stocks Dragging In The Health Services Industry

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 78 points (-0.5%) at 14,583 as of Wednesday, April 3, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 720 issues advancing vs. 2,193 declining with 115 unchanged.

The Health Services industry currently sits down 1.0% versus the S&P 500, which is down 0.7%. On the negative front, top decliners within the industry include Tenet Healthcare ( THC), down 5.9%, HCA Holdings ( HCA), down 4.7%, Health Management Associates ( HMA), down 4.0%, Community Health Systems ( CYH), down 4.1% and Universal Health Services ( UHS), down 2.4%. Top gainers within the industry include Intuitive Surgical ( ISRG), up 2.5%, St Jude Medical ( STJ), up 1.0%, Aetna ( AET), up 0.6% and Agilent Technologies ( A), up 0.6%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. Mettler-Toledo International ( MTD) is one of the companies pushing the Health Services industry lower today. As of noon trading, Mettler-Toledo International is down $3.38 (-1.6%) to $208.20 on average volume Thus far, 107,001 shares of Mettler-Toledo International exchanged hands as compared to its average daily volume of 162,100 shares. The stock has ranged in price between $207.88-$211.80 after having opened the day at $211.80 as compared to the previous trading day's close of $211.58.

Mettler-Toledo International Inc. supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. Mettler-Toledo International has a market cap of $6.4 billion and is part of the health care sector. The company has a P/E ratio of 23.2, above the S&P 500 P/E ratio of 17.7. Shares are up 9.5% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Mettler-Toledo International a buy, no analysts rate it a sell, and 6 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 solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Mettler-Toledo International Ratings Report now.

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