Moody's Corporation (MCO): Today's Featured Diversified Services Laggard
(
) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Moody's Corporation fell $0.85 (-1.4%) to $60.45 on light volume. Throughout the day, 1,035,178 shares of Moody's Corporation exchanged hands as compared to its average daily volume of 1,625,000 shares. The stock ranged in price between $60.29-$61.93 after having opened the day at $61.02 as compared to the previous trading day's close of $61.30. Other companies within the Diversified Services industry that declined today were:
(
), down 10.9%,
(
), down 8.1%,
(
), down 7.0% and
(
), down 6.8%.
Moody's Corporation provides credit ratings; and credit, capital markets, and economic related research, data, and analytical tools worldwide. Moody's Corporation has a market cap of $13.6 billion and is part of the services sector. The company has a P/E ratio of 19.5, above the S&P 500 P/E ratio of 17.7. Shares are up 21.1% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Moody's Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Moody's Corporation
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, good cash flow from operations 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 Moody's Corporation Ratings Report.
On the positive front,
(
), up 10.0%,
(
), up 8.4%,
(
), up 7.9% and
(
), up 7.1% , were all gainers within the diversified services industry with
(
) being today's featured diversified services industry leader.
- Use our diversified services 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 diversified services industry could consider
iShares Dow Jones US Cons Services
(
) while those bearish on the diversified services industry could consider
ProShares Ultra Short Consumer Sers
(
).
- Find other investment ideas from our top rated ETFs lists.
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