Sign in Subscribe
Health care industry

Health Services Industry Sees Mixed Trading Day

Strategic Insights

— 2 min read

The health services industry saw a mixed trading day with the NYSE advances/declines ratio sitting at 1,461 issues advancing vs. 1,490 declining with 187 unchanged. A company within the industry that increased today was Baxter International, up 3.4%, while top decliners included Foundation Medicine, down 22.9%, and HCA Holdings, down 0.9%. TheStreet highlights three stocks pushing the industry higher today: DENTSPLY International, up $1.86 (3.5%) to $55.60, Hologic, up $4.10 (10.8%) to $42.13, and Aetna, up $1.04 (0.9%) to $113.64.

Key Takeaways:

  • The health services industry saw a mixed trading day with Baxter International being the top gainer in the sector, up 3.4%.
  • DENTSPLY International is up 0.9% year-to-date as of the close of trading on Wednesday, and the company has a market cap of $7.4 billion.
  • Hologic, Inc. develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the United States and internationally, and has a market cap of $10.5 billion.
  • Aetna Inc. operates as a health care benefits company in the United States, and has a market cap of $39.2 billion.
  • TheStreet Ratings rates DENTSPLY International, Hologic, and Aetna as buys, highlighting their strengths in areas such as reasonable valuation levels, expanding profit margins, good cash flow from operations, and solid stock price performance.
  • The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, expanding profit margins and good cash flow from operations.
  • TheStreet Highlights three stocks pushing the health services industry higher today, including DENTSPLY International, Hologic, and Aetna.

Statistics:

  • The Dow Jones Industrial Average is trading down 2 points (0.0%) at 17,750 as of Thursday, July 30, 2015, 1:05 PM ET.
  • The health services industry is down 0.4% versus the S&P 500, which is unchanged.
  • Aetna has a market cap of $39.2 billion and is up 26.8% year-to-date as of the close of trading on Wednesday.
  • Hologic has a market cap of $10.5 billion and is up 42.2% year-to-date as of the close of trading on Wednesday.
  • DENTSPLY International has a market cap of $7.4 billion and is up 0.9% year-to-date as of the close of trading on Wednesday.

Sources:

  • TheStreet Wire
  • http://www.thestreet.com/quote/%5eDJI.html (^DJI (http://www.thestreet.com/quote/%5eDJI.html))
  • http://www.thestreet.com/quote/bax.html?cm_ven_int=tstwire (BAX (http://www.thestreet.com/quote/bax.html?cm_ven_int=tstwire))
  • http://www.thestreet.com/quote/fmi.html?cm_ven_int=tstwire (FMI (http://www.thestreet.com/quote/fmi.html?cm_ven_int=tstwire))

Read more