Pharmacyclics Incorporated (PCYC): Today's Featured Drugs 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

Pharmacyclics Incorporated ( PCYC) pushed the Drugs industry higher today making it today's featured drugs winner. The industry as a whole closed the day up 0.7%. By the end of trading, Pharmacyclics Incorporated rose $3.25 (4.0%) to $85.60 on average volume. Throughout the day, 847,268 shares of Pharmacyclics Incorporated exchanged hands as compared to its average daily volume of 789,500 shares. The stock ranged in a price between $79.51-$85.85 after having opened the day at $81.26 as compared to the previous trading day's close of $82.35. Other companies within the Drugs industry that increased today were: ZIOPHARM Oncology ( ZIOP), up 18.1%, Echo Therapeutics ( ECTE), up 14.6%, MannKind Corporation ( MNKD), up 9.9% and TrovaGene ( TROV), up 9.6%.
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Pharmacyclics, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of small-molecule drugs for the treatment of cancer and immune mediated diseases. Pharmacyclics Incorporated has a market cap of $6.2 billion and is part of the health care sector. The company has a P/E ratio of 73.2, above the S&P 500 P/E ratio of 17.7. Shares are up 46.6% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Pharmacyclics Incorporated a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Pharmacyclics Incorporated as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and feeble growth in the company's earnings per share.

On the negative front, Apricus Biosciences ( APRI), down 19.7%, Venaxis ( APPY), down 14.9%, Cormedix ( CRMD), down 9.5% and China Pharma ( CPHI), down 7.8% , were all laggards within the drugs industry with Regeneron Pharmaceuticals ( REGN) being today's drugs industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the drugs industry could consider SPDR S&P Pharmaceuticals ETF ( XPH) while those bearish on the drugs industry could consider ProShares UltraShort Nasdaq Biotech ( BIS).

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