Discover Financial Services (DFS): Today's Featured Financial Laggard
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
.
(
) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole was unchanged today. By the end of trading, Discover Financial Services fell $1.64 (-4.1%) to $38.34 on heavy volume. Throughout the day, 12.8 million shares of Discover Financial Services exchanged hands as compared to its average daily volume of four million shares. The stock ranged in price between $37.90-$40.07 after having opened the day at $39.98 as compared to the previous trading day's close of $39.98. Other companies within the Financial sector that declined today were:
Royal Bancshares of Pennsylvania
(
), down 22.6%,
(
), down 11.8%,
(
), down 9.7%, and
(
), down 9%.
- 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.
Discover Financial Services, a bank holding company, offers direct banking and payment services in the United States. It operates in two segments, Direct Banking and Payment Services. Discover Financial Services has a market cap of $20.79 billion and is part of the financial services industry. The company has a P/E ratio of 9.5, below the S&P 500 P/E ratio of 17.7. Shares are up 71.6% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Discover Financial Services a buy, no analysts rate it a sell, and five rate it a hold.
TheStreet Ratings rates Discover Financial Services as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, good cash flow from operations, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Discover Financial Services Ratings Report.
On the positive front,
(
), up 79.7%,
(
), up 55.6%,
(
), up 17.2%, and
(
), up 14.5%, 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.
FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!
.
null