CME Group Inc. (CME): Today's Featured Financial Laggard
(
) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.1%. By the end of trading, CME Group fell $1.31 (-1.7%) to $75.20 on average volume. Throughout the day, 2,053,558 shares of CME Group exchanged hands as compared to its average daily volume of 2,046,500 shares. The stock ranged in price between $74.95-$76.35 after having opened the day at $75.43 as compared to the previous trading day's close of $76.51. Other companies within the Financial sector that declined today were:
(
), down 10.0%,
(
), down 9.2%,
(
), down 7.5% and
(
), down 7.5%.
CME Group Inc. operates the CME, CBOT, NYMEX COMEX, and KCBT futures exchanges worldwide. It operates CBOT exchange, a marketplace for trading agricultural and the U.S. CME Group has a market cap of $25.4 billion and is part of the financial services industry. The company has a P/E ratio of 29.1, above the S&P 500 P/E ratio of 17.7. Shares are up 49.9% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate CME Group a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
CME Group
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. 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,
(
), up 15.7%,
(
), up 15.2%,
(
), up 8.9% and
(
), up 8.8% , were all gainers within the financial sector with
(
) being today's featured financial sector leader.
- Use our financial section to find sector-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 sector could consider
(
) while those bearish on the financial sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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