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Pharmaceutical industry

Health Care Sector Rises Amid Strong Earnings Performance

Strategic Insights

— 2 min read

The health care sector is trading up on Thursday, June 25, 2015, with the Dow Jones Industrial Average (^DJI) gaining 4 points or 0.0% to 17,970. The NYSE advances/declines ratio is at 1,139 issues advancing vs. 1,826 declining with 188 unchanged. Top gainers within the sector include Tenet Healthcare (THC), HCA Holdings (HCA), Universal Health Services (UHS), Envision Healthcare Holdings (EVHC), and UnitedHealth Group (UNH).

Key Takeaways:

  • Express Scripts (ESRX) is one of the companies pushing the Health Care sector higher today, up $0.84 (0.9%) to $91.46 on average volume, with 1.8 million shares exchanged hands compared to its average daily volume of 4.3 million shares.
  • Eli Lilly and Company (LLY) is up $3.36 (4.1%) to $85.62 on heavy volume, with 5.8 million shares exchanged hands compared to its average daily volume of 4.8 million shares.
  • Regeneron Pharmaceuticals (REGN) is up $6.44 (1.2%) to $523.03 on light volume, with 228,178 shares exchanged hands compared to its average daily volume of 780,900 shares.
  • The strength of the sector can be attributed to impressive earnings performances, with companies like Express Scripts, Eli Lilly and, and Regeneron Pharmaceuticals showing compelling growth in net income, revenue growth, and solid stock price performance.
  • TheStreet Ratings rates Express Scripts as a buy, with strengths including impressive earnings per share growth, compelling growth in net income, revenue growth, and solid stock price performance. Eli Lilly and is also rated as a buy, with strengths in expanding profit margins, solid stock price performance, and largely solid financial position.
  • Regeneron Pharmaceuticals is rated as a buy, with strengths including robust revenue growth, largely solid financial position, solid stock price performance, growth in earnings per share, and increase in net income.

Statistics:

  • The Dow Jones Industrial Average (^DJI) is up 4 points (0.0%) to 17,970.
  • The NYSE advances/declines ratio is at 1,139 issues advancing vs. 1,826 declining with 188 unchanged.
  • Top gainers within the sector include Tenet Healthcare (THC), up 14.0%, HCA Holdings (HCA), up 8.8%, Universal Health Services (UHS), up 7.9%, Envision Healthcare Holdings (EVHC), up 5.1%, and UnitedHealth Group (UNH), up 2.8%.
  • Express Scripts (ESRX) has a market cap of $66.2 billion and is part of the health services industry. Shares are up 7.3% year-to-date as of the close of trading on Wednesday.
  • Eli Lilly and Company (LLY) has a market cap of $91.7 billion and is part of the drugs industry. Shares are up 19.8% year-to-date as of the close of trading on Wednesday.
  • Regeneron Pharmaceuticals (REGN) has a market cap of $52.8 billion and is part of the drugs industry. Shares are up 27.0% year-to-date as of the close of trading on Wednesday.

Sources:

  • TheStreet Wire
  • The Dow Jones Industrial Average (^DJI)
  • NASDAQ
  • NYSE
  • Express Scripts (ESRX)
  • Eli Lilly and Company (LLY)
  • Regeneron Pharmaceuticals (REGN)
  • Health Care Select Sector SPDR (XLV)
  • ProShares Ultra Short Health Care (RXD)

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