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 was unchanged today. By the end of trading, NASDAQ OMX Group fell 52 cents (-2.2%) to $23.19 on light volume. Throughout the day, 1.5 million shares of NASDAQ OMX Group exchanged hands as compared to its average daily volume of 2.3 million shares. The stock ranged in price between $23.03-$23.63 after having opened the day at $23.63 as compared to the previous trading day's close of $23.72. Other companies within the Financial Services industry that declined today were:
), down 7.4%,
), down 5.8%,
), down 5.6%, and
), down 3.9%.
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The NASDAQ OMX Group, Inc. delivers trading, clearing, exchange technology, regulatory, securities listing, and public company services worldwide. NASDAQ OMX Group has a market cap of $3.89 billion and is part of the
sector. The company has a P/E ratio of 11.3, above the average financial services industry P/E ratio of 11.2 and below the S&P 500 P/E ratio of 17.7. Shares are down 3.8% year to date as of the close of trading on Tuesday. Currently there are eight analysts that rate NASDAQ OMX Group a buy, no analysts rate it a sell, and four rate it a hold.
TheStreet Ratings rates NASDAQ OMX Group 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, growth in earnings per share, increase in stock price during the past year and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full NASDAQ OMX Group Ratings Report.
On the positive front,
), up 33.2%,
), up 11.1%,
), up 6.2%, and
), up 4.5%, were all gainers within the financial services industry with
) being today's featured financial services industry leader.
- Use our financial 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 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.