Morgan Stanley (MS): Today's Featured Financial Laggard - TheStreet

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

.

Morgan Stanley

(

MS

) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day down 0.4%. By the end of trading, Morgan Stanley fell 35 cents (-2%) to $17.22 on average volume. Throughout the day, 24.3 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 22.7 million shares. The stock ranged in price between $16.84-$17.24 after having opened the day at $16.95 as compared to the previous trading day's close of $17.57. Other companies within the Financial sector that declined today were:

Cascade Bancorp

(

CACB

), down 9.8%,

HMG/Courtland Properties

(

HMG

), down 8%,

Jefferies Group

(

JEF

), down 7.3%, and

Capital Bank Corporation

(

CBKN

), down 7.2%.

  • ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. Morgan Stanley has a market cap of $34.83 billion and is part of the

financial services

industry. The company has a P/E ratio of 13.3, below the average financial services industry P/E ratio of 15.2 and below the S&P 500 P/E ratio of 17.7. Shares are up 16.5% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Morgan Stanley a buy, two analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Morgan Stanley as a

hold

. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and feeble growth in the company's earnings per share.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider

Financial Select Sector SPDR

(

XLF

) while those bearish on the financial sector could consider

Proshares Short Financials

(

SEF

).

FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge!

Free download now

.

null