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
) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Morgan Stanley fell 36 cents (-2.4%) to $14.50 on light volume. Throughout the day, 17.9 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 26.9 million shares. The stock ranged in price between $14.45-$14.89 after having opened the day at $14.86 as compared to the previous trading day's close of $14.86. Other companies within the Financial Services industry that declined today were:
), down 7.2%,
WisdomTree Global Real Return Fund
), down 7.1%,
), down 7%, and
), down 4.9%.
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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 $28.78 billion and is part of the
sector. The company has a P/E ratio of 11.2, below the average financial services industry P/E ratio of 12.6 and below the S&P 500 P/E ratio of 17.7. Shares are down 1.6% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Morgan Stanley a buy, two analysts rate it a sell, and eight rate it a hold.
TheStreet Ratings rates Morgan Stanley as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and a generally disappointing performance in the stock itself.
- You can view the full Morgan Stanley Ratings Report.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider
) while those bearish on the financial services industry could consider
- Find other investment ideas from our top rated ETFs lists.