Dow Jones Industrial Average
) is trading down 52 points (-0.4%) at 12,886 as of Thursday, Feb 23, 2012, 9:35 a.m. ET. During this time, 34.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio sits at 1,129 issues advancing vs. 1,463 declining with 190 unchanged.
The Dow component leading the way higher looks to be
), which is sporting a 30-cent gain (+0.4%) bringing the stock to $84.25. Volume for United Technologies currently sits at 205,483 shares traded vs. an average daily trading volume of 4.4 million shares.
United Technologies has a market cap of $70.48 billion and is part of the
industry. Shares are up 14.9% year to date as of Wednesday's close. The stock's dividend yield sits at 2.3%.
United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. The company has a P/E ratio of 15.3, above the average conglomerates industry P/E ratio of 14.6 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates United Technologies as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, 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 shows low profit margins.
- You can view the full United Ratings Report.
Holding back the Dow today is
), which is lagging the broader Dow index with a $1.49 decline (-5.2%) bringing the stock to $27.45. This single loss is lowering the Dow Jones Industrial Average by 11.28 points or roughly accounting for 21.7% of the Dow's overall loss. Volume for Hewlett-Packard currently sits at 6.3 million shares traded vs. an average daily trading volume of 17.8 million shares.
Hewlett-Packard has a market cap of $56.58 billion and is part of the
industry. Shares are up 12.3% year to date as of Wednesday's close. The stock's dividend yield sits at 1.6%.
Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide. The company has a P/E ratio of 8.8, above the average computer hardware industry P/E ratio of 8.6 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Hewlett-Packard as a
. Among the primary strengths of the company is its reasonable valuation levels, considering its current price compared to earnings, book value and other measures. At the same time, however, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow.
- You can view the full Hewlett-Packard Ratings Report.