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 Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Avis Budget Group fell 56 cents (-2%) to $26.76 on average volume. Throughout the day, 2.1 million shares of Avis Budget Group exchanged hands as compared to its average daily volume of 1.8 million shares. The stock ranged in price between $26.31-$28 after having opened the day at $27.63 as compared to the previous trading day's close of $27.32. Other companies within the Diversified Services industry that declined today were:
), down 7.5%,
), down 6.7%,
), down 5.5%, and
), down 5.3%.
- 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.
Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, and ancillary services to businesses and consumers worldwide. Avis Budget Group has a market cap of $2.95 billion and is part of the services sector. The company has a P/E ratio of 11.4, below the S&P 500 P/E ratio of 17.7. Shares are up 36.1% year to date as of the close of trading on Friday. Currently there are three analysts that rate Avis Budget Group a buy, one analyst rates it a sell, and one rates it a hold.
TheStreet Ratings rates Avis Budget Group as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and solid stock price performance. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.
- You can view the full Avis Budget Group Ratings Report.
On the positive front,
), up 9.7%,
), up 9.3%,
), up 7.7%, 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
) while those bearish on the diversified services industry could consider
- Find other investment ideas from our top rated ETFs lists.
It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE