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Charles Schwab Corp (SCHW): Today's Featured Financial Services Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Charles Schwab (SCHW) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.3%. By the end of trading, Charles Schwab rose 15 cents (1.1%) to $13.89 on average volume. Throughout the day, 14.2 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 9.5 million shares. The stock ranged in a price between $13.64-$14 after having opened the day at $13.72 as compared to the previous trading day's close of $13.74. Other companies within the Financial Services industry that increased today were: Millennium India Acquisition Corporation (SMCG), up 39.9%, KBW (KBW), up 7.2%, SWS Group (SWS), up 4.9%, and E*Trade Financial (ETFC), up 4.4%.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, and related financial services to individuals and institutional clients. Charles Schwab has a market cap of $17.38 billion and is part of the financial sector. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7. Shares are up 22% year to date as of the close of trading on Friday. Currently there are four analysts that rate Charles Schwab a buy, two analysts rate it a sell, and nine rate it a hold.

TheStreet Ratings rates Charles Schwab as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and expanding profit margins. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

On the negative front, Consumer Portfolio Services (CPSS), down 8.4%, Walter Investment Management (WAC), down 7.4%, Security National Financial Corporation (SNFCA), down 4.2%, and Gleacher (GLCH), down 4.2%, were all laggards within the financial services industry with CIT Group (CIT) being today's financial services industry laggard.

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).

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