CME Group Inc. (CME): Today's Featured Financial Services Loser

CME Group (CME) pushed the Financial Services industry lower today making it today's featured Financial Services loser. The industry as a whole was unchanged today. By the end of trading, CME Group fell $2.83 (-1.1%) to $255.34 on average volume. Throughout the day, 614,998 shares of CME Group exchanged hands as compared to its average daily volume of 696,600 shares. The stock ranged in price between $254.32-$259.98 after having opened the day at $258 as compared to the previous trading day's close of $258.17. Other company's within the Financial Services industry that declined today were: Gleacher (GLCH), down 10%, Penson Worldwide (PNSN), down 9.7%, Ampal-American Israel Corporation (AMPL), down 8.6%, and Community Bankers Trust Corporation (BTC), down 4.5%.

CME Group Inc. operates the CME, CBOT, NYMEX and COMEX futures exchanges worldwide. The company provides a range of products across various asset classes, such as interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather, and real estate. CME Group has a market cap of $17.55 billion and is part of the financial sector. The company has a P/E ratio of 10.8, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 6% year to date as of the close of trading on Friday. Currently there are nine analysts that rate CME Group a buy, one analyst rates it a sell, and six rate it a hold.

TheStreet Ratings rates CME Group as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

• You can view the full CME Group Ratings Report.

On the positive front, SGOCO Group (SGOC), up 15.4%, Federal Agricultural Mortgage (AGM), up 6.7%, SWS Group (SWS), up 6.6%, and Nicholas Financial (NICK), up 5.5%, were all gainers within the financial services industry with Legg Mason (LM) being today's featured financial services industry winner.

• Use our financial services section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR (XLF) while those bearish on the financial services industry could consider Proshares Short Financials (SEF).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on CME Group Inc. click any of the following:

• CME Group Inc. Stock Price

• CME Group Inc. Analyst Ratings

• CME Group Inc. Key Stats & Profile

• CME Group Inc. Earnings

• CME Group Inc. Ratio Comparison

• CME Group Inc. Growth Rates

• CME Group Inc. Balance Sheet

• CME Group Inc. Cash Flow

• CME Group Inc. Income Statement