CBOE, MKTX And HDS, 3 Financial Services Stocks Pushing The Industry Lower
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 8 points (0.0%) at 18,524 as of Monday, July 18, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,660 issues advancing vs. 1,244 declining with 151 unchanged.
The Financial Services industry currently sits up 0.4% versus the S&P 500, which is up 0.1%. Top gainers within the industry include
(
), up 2.8%,
NorthStar Asset Management Group
(
), up 2.2%,
(
), up 2.2%,
(
), up 1.8% and
(
), up 1.6%.
TheStreet would like to highlight 3 stocks pushing the industry lower today:
3.
(
) is one of the companies pushing the Financial Services industry lower today. As of noon trading, CBOE Holdings is down $0.51 (-0.7%) to $68.05 on light volume. Thus far, 87,371 shares of CBOE Holdings exchanged hands as compared to its average daily volume of 443,400 shares. The stock has ranged in price between $68.01-$68.75 after having opened the day at $68.75 as compared to the previous trading day's close of $68.56.
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CBOE Holdings, Inc., through its subsidiaries, operates as an options exchange and creator of listed options in the United States. CBOE Holdings has a market cap of $5.6 billion and is part of the financial sector. Shares are up 5.6% year-to-date as of the close of trading on Friday. Currently there is 1 analyst that rates CBOE Holdings a buy, 3 analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
CBOE Holdings
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, reasonable valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full
now.
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2. As of noon trading,
(
) is down $1.27 (-0.8%) to $150.14 on light volume. Thus far, 67,974 shares of MarketAxess Holdings exchanged hands as compared to its average daily volume of 369,700 shares. The stock has ranged in price between $149.95-$152.09 after having opened the day at $152.09 as compared to the previous trading day's close of $151.41.
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MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments worldwide. MarketAxess Holdings has a market cap of $5.7 billion and is part of the financial sector. Shares are up 35.7% year-to-date as of the close of trading on Friday. Currently there are 2 analysts that rate MarketAxess Holdings a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
MarketAxess Holdings
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, reasonable valuation levels and solid stock price performance. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full
MarketAxess Holdings Ratings Report
now.
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1. As of noon trading,
(
) is down $0.70 (-1.9%) to $36.14 on light volume. Thus far, 520,300 shares of HD Supply Holdings exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $36.10-$36.99 after having opened the day at $36.99 as compared to the previous trading day's close of $36.84.
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HD Supply Holdings, Inc. operates as an industrial distributor in North America. HD Supply Holdings has a market cap of $7.4 billion and is part of the services sector. Shares are up 22.7% year-to-date as of the close of trading on Friday. Currently there are 13 analysts that rate HD Supply Holdings a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
HD Supply Holdings
as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and poor profit margins. Get the full
HD Supply Holdings Ratings Report
now.
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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the financial services industry could consider
(
) while those bearish on the financial services industry could consider
(
).