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 0.3%. By the end of trading, NYSE Euronext fell 64 cents (-2.4%) to $26.05 on average volume. Throughout the day, 2.7 million shares of NYSE Euronext exchanged hands as compared to its average daily volume of 2.4 million shares. The stock ranged in price between $25.85-$26.62 after having opened the day at $26.57 as compared to the previous trading day's close of $26.69. Other companies within the Financial Services industry that declined today were:
), down 10%,
), down 9.9%,
), down 8.3%, and
), down 6.4%.
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NYSE Euronext, through its subsidiaries, operates securities exchanges. It operates various stock exchanges, including the New York Stock Exchange (NYSE), NYSE Arca, Inc., and NYSE Amex LLC in the United States; and five European-based exchanges that comprise Euronext N.V. NYSE Euronext has a market cap of $6.61 billion and is part of the
sector. The company has a P/E ratio of 13.3, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 2.3% year to date as of the close of trading on Monday. Currently there are seven analysts that rate NYSE Euronext a buy, no analysts rate it a sell, and seven rate it a hold.
TheStreet Ratings rates NYSE Euronext 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, good cash flow from operations and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and poor profit margins.
- You can view the full NYSE Euronext Ratings Report.
On the positive front,
), up 18%,
), up 11.3%,
), up 6%, and
), up 5.7%, 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.
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