- AMERICAN CARESOURCE HLDGS's earnings per share declined by 25.0% in the most recent quarter compared to the same quarter a year ago. The company has suffered a declining pattern earnings per share over the past two years. During the past fiscal year, AMERICAN CARESOURCE HLDGS reported poor results of -$0.66 versus -$0.54 in the prior year.
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Health Care Providers & Services industry. The net income has decreased by 24.7% when compared to the same quarter one year ago, dropping from -$1.15 million to -$1.44 million.
- Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Health Care Providers & Services industry and the overall market, AMERICAN CARESOURCE HLDGS's return on equity significantly trails that of both the industry average and the S&P 500.
- The gross profit margin for AMERICAN CARESOURCE HLDGS is currently extremely low, coming in at 1.28%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -28.65% is significantly below that of the industry average.
- The revenue fell significantly faster than the industry average of 16.7%. Since the same quarter one year prior, revenues fell by 34.1%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
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. All three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 61 points (0.4%) at 16,694 as of Thursday, May 29, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,757 issues advancing vs. 1,207 declining with 183 unchanged. The Health Care sector as a whole closed the day up 0.7% versus the S&P 500, which was up 0.4%. Top gainers within the Health Care sector included Merus Labs International ( MSLI), up 7.6%, VirtualScopics ( VSCP), up 2.8%, American Caresource Holdings ( ANCI), up 7.8%, Cyanotech ( CYAN), up 7.1% and Lakeland Industries ( LAKE), up 2.3%. TheStreet Ratings Group would like to highlight 3 stocks pushing the sector higher today: American Caresource Holdings ( ANCI) is one of the companies that pushed the Health Care sector higher today. American Caresource Holdings was up $0.22 (7.8%) to $3.05 on heavy volume. Throughout the day, 12,140 shares of American Caresource Holdings exchanged hands as compared to its average daily volume of 7,900 shares. The stock ranged in a price between $2.83-$3.05 after having opened the day at $2.83 as compared to the previous trading day's close of $2.83. American CareSource Holdings, Inc. provides access to a network of ancillary healthcare service providers in the United States. American Caresource Holdings has a market cap of $18.0 million and is part of the health services industry. Shares are up 63.0% year-to-date as of the close of trading on Wednesday. Currently there are no analysts who rate American Caresource Holdings a buy, no analysts rate it a sell, and none rate it a hold. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates American Caresource Holdings as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and poor profit margins. Highlights from TheStreet Ratings analysis on ANCI go as follows: