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 Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Altisource Portfolio Solutions fell $3.10 (-2.9%) to $102.45 on light volume. Throughout the day, 224,860 shares of Altisource Portfolio Solutions exchanged hands as compared to its average daily volume of 333,900 shares. The stock ranged in price between $102.29-$105.58 after having opened the day at $105.13 as compared to the previous trading day's close of $105.55. Other companies within the Real Estate industry that declined today were:
), down 11.0%,
), down 8.2%,
), down 6.8% and
), down 5.8%.
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Altisource Portfolio Solutions S.A. operates as a marketplace and transaction solutions provider for the real estate, mortgage, and consumer debt industries in the United States. Altisource Portfolio Solutions has a market cap of $2.5 billion and is part of the services sector. The company has a P/E ratio of 22.3, above the S&P 500 P/E ratio of 17.7. Shares are down 33.5% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Altisource Portfolio Solutions a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Altisource Portfolio Solutions
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. 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 Altisource Portfolio Solutions Ratings Report.
On the positive front,
), up 7.7%,
), up 7.3%,
), up 3.6% and
), up 3.1% , were all gainers within the real estate industry with
) being today's featured real estate industry leader.
- Use our real estate 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 real estate industry could consider
) while those bearish on the real estate industry could consider
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