LoopNet Inc. (LOOP): Today's Featured Real Estate Winner
The
industry closed the day down 4.9%.
(
) were all winners today within the real estate industry with
(
) being today's featured real estate winner. LoopNet Inc rose 11 cents (0.6%) to $17.24 on average volume. Throughout the day, 342,620 shares of LoopNet Inc exchanged hands as compared to its average daily volume of 241,000 shares.
LoopNet, Inc. owns and operates an online marketplace for commercial real estate in the United States. LoopNet Inc has a market cap of $581.8 million and is part of the
sector. The company has a P/E ratio of 54.5, below the average real estate industry P/E ratio of 56.2 and above the S&P 500 P/E ratio of 17.7. Shares are up 54.2% year to date as of the close of trading on Friday.
TheStreet Ratings rates LoopNet as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, revenue growth, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full LoopNet Ratings Report.
On the negative front,
China Housing & Land Development Inc
(
),
(
),
(
), and
(
) were all losers within the real estate industry with
(
) being today's real estate industry Loser Spotlight stock.
- Use our real estate 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 real estate industry could consider
iShares Dow Jones US Real Estate
(
) while those bearish on the real estate industry could consider
ProShares Short Real Estate Fund
(
).
- Find other investment ideas from our top rated ETFs lists.
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