Lender Processing Services Inc. (LPS): Today's Featured Diversified Services Winner
(
) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day down 1.3%. By the end of trading, Lender Processing Services rose 13 cents (0.6%) to $23.38 on light volume. Throughout the day, 589,466 shares of Lender Processing Services exchanged hands as compared to its average daily volume of one million shares. The stock ranged in a price between $22.92-$23.46 after having opened the day at $23.10 as compared to the previous trading day's close of $23.25. Other companies within the Diversified Services industry that increased today were:
(
), up 13.3%,
(
), up 9.6%,
(
), up 8.6%, and
(
), up 7.9%.
Lender Processing Services, Inc. provides integrated technology and outsourced services to the mortgage lending industry in the United States. Lender Processing Services has a market cap of $1.96 billion and is part of the
sector. The company has a P/E ratio of 14.7, below the average diversified services industry P/E ratio of 22.1 and below the S&P 500 P/E ratio of 17.7. Shares are up 54.1% year to date as of the close of trading on Tuesday. Currently there is one analyst that rates Lender Processing Services a buy, one analyst rates it a sell, and six rate it a hold.
TheStreet Ratings rates Lender Processing Services as a
. Among the primary strengths of the company is its attractive valuation levels, considering its current price compared to earnings, book value and other measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Lender Processing Services Ratings Report.
On the negative front,
(
), down 16.5%,
(
), down 13.6%,
(
), down 8.5%, and
(
), down 8.2%, were all losers within the diversified services industry with
(
) being today's diversified services industry loser.
- 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
iShares Dow Jones US Cons Services
(
) while those bearish on the diversified services industry could consider
ProShares Ultra Short Consumer Sers
(
).
- Find other investment ideas from our top rated ETFs lists.
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