Health Management Associates Inc. (HMA): Today's Featured Health Services Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Health Management Associates ( HMA) pushed the Health Services industry lower today making it today's featured Health Services laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Health Management Associates fell $0.58 (-3.7%) to $15.21 on heavy volume. Throughout the day, 9,254,251 shares of Health Management Associates exchanged hands as compared to its average daily volume of 5,985,500 shares. The stock ranged in price between $14.94-$15.78 after having opened the day at $15.75 as compared to the previous trading day's close of $15.79. Other companies within the Health Services industry that declined today were: Hansen Medical ( HNSN), down 10.6%, American Shared Hospital Services ( AMS), down 6.5%, Stereotaxis ( STXS), down 6.4% and CardioNet ( BEAT), down 6.1%.

Health Management Associates, Inc., through its subsidiaries, engages in the operation of general acute care hospitals and other health care facilities in non-urban communities in the United States. Health Management Associates has a market cap of $4.1 billion and is part of the health care sector. Shares are up 69.4% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Health Management Associates a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Health Management Associates as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow.

On the positive front, Uroplasty ( UPI), up 36.0%, Organovo Holdings ( ONVO), up 14.5%, CombiMatrix Corporation ( CBMX), up 8.5% and American Caresource Holdings ( ANCI), up 7.7% , were all gainers within the health services industry with Edwards Life ( EW) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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