Skip to main content

CME Group

(

CME

) pushed the Financial Services industry lower today making it today's featured Financial Services loser. The industry as a whole closed the day up 1.1%. By the end of trading, CME Group fell $4.33 (-1.6%) to $264.87 on average volume. Throughout the day, 453,305 shares of CME Group exchanged hands as compared to its average daily volume of 493,700 shares. The stock ranged in price between $262.50-$269.64 after having opened the day at $268.82 as compared to the previous trading day's close of $269.20. Other company's within the Financial Services industry that declined today were:

US Global Investors

(

GROW

), down 6%,

Ampal-American Israel Corporation

(

AMPL

), down 4.3%,

Noah Holdings

(

NOAH

), down 3.5%, and

TheStreet Recommends

Newtek Business Services

(

NEWT

), down 3.3%.

  • ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

CME Group Inc. operates the CME, CBOT, NYMEX and COMEX futures exchanges worldwide. The company provides a range of products across various asset classes, such as interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather, and real estate. CME Group has a market cap of $17.76 billion and is part of the

financial

sector. The company has a P/E ratio of 11, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 10.5% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate CME Group a buy, one analyst rates it a sell, and six rate it a hold.

TheStreet Ratings rates CME Group as a

buy

. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front,

Dominion Resources Black Warrior

(

DOM

), up 9.4%,

Oppenheimer Holdings Inc. Shs -A- Non-Voti

(

OPY

), up 7.2%,

Fortress Investment Group

(

FIG

), up 6.9%, and

Direct Markets Holdings

(

MKTS

), up 5.6%, were all gainers within the financial services industry with

Morgan Stanley

(

MS

) being today's featured financial services industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider

Financial Select Sector SPDR

(

XLF

) while those bearish on the financial services industry could consider

Proshares Short Financials

(

SEF

).

null