NEW YORK (
Lender Processing Services
) is trading at unusually high volume Tuesday with 4.5 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up 55 cents (+2.1%) at $26.58 as of four p.m. ET.
Lender Processing Services has a market cap of $2.2 billion and is part of the
industry. Shares are down 11.8% year to date as of the close of trading on Friday.
Lender Processing Services, Inc. provides integrated technology and outsourced services to the mortgage lending industry in the United States. The company operates through two segments, Technology, Data, and Analytics; and Loan Transaction Services. The company has a P/E ratio of 8.4, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Lender Processing Services as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and a generally disappointing performance in the stock itself. You can view the full
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