Directv (DTV): Today's Featured Media Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Directv fell $0.69 (-1.1%) to $64.60 on light volume. Throughout the day, 1,956,852 shares of Directv exchanged hands as compared to its average daily volume of 3,705,800 shares. The stock ranged in price between $64.57-$67.85 after having opened the day at $67.69 as compared to the previous trading day's close of $65.29. Other companies within the Media industry that declined today were:
Digital Domain Media Group
(
DDMGQ
), down 15.0%,
(
), down 15.0%,
(
), down 7.4% and
Mandalay Digital Group
(
MNDLD
), down 4.7%.
DIRECTV provides digital television entertainment in the United States and Latin America. The company engages in acquiring, promoting, selling, and distributing digital entertainment programming primarily through satellite to residential and commercial subscribers. Directv has a market cap of $36.4 billion and is part of the services sector. Shares are up 30.0% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Directv a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Directv
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share 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 Directv Ratings Report.
On the positive front,
(
), up 11.1%,
(
), up 4.8%,
(
), up 4.2% and
(
), up 3.2% , were all gainers within the media industry with
(
) being today's featured media industry leader.
- Use our media 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 media industry could consider
(
) while those bearish on the media industry could consider
ProShares Ultra Sht Consumer Services
(
).
- Find other investment ideas from our top rated ETFs lists.
null