) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole closed the day down 0.5%. By the end of trading, Discover Financial Services fell 17 cents (-0.5%) to $32.34 on average volume. Throughout the day, 5.5 million shares of Discover Financial Services exchanged hands as compared to its average daily volume of 5.1 million shares. The stock ranged in price between $32.19-$33.16 after having opened the day at $32.79 as compared to the previous trading day's close of $32.51. Other company's within the Financial sector that declined today were:
), down 34.5%,
), down 20.6%,
), down 13.9%, and
), down 11.4%.
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 $16.72 billion and is part of the
industry. The company has a P/E ratio of 7.2, 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 35.5% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate Discover Financial Services a buy, no analysts rate it a sell, and four 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 compelling growth in net income, revenue growth, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.
- You can view the full Discover Financial Services Ratings Report.
On the positive front,
), up 11.7%,
), up 9.8%,
), up 9.2%, and
), up 8.3%, were all gainers within the financial sector with
) being today's featured financial sector winner.
- 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.