PNC Financial Services Group Inc (PNC): Today's Featured Financial Loser
(
) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole closed the day down 1.4%. By the end of trading, PNC Financial Services Group fell $1.45 (-2.3%) to $61.35 on light volume. Throughout the day, 2.3 million shares of PNC Financial Services Group exchanged hands as compared to its average daily volume of 3.5 million shares. The stock ranged in price between $61.04-$62.36 after having opened the day at $62.31 as compared to the previous trading day's close of $62.80. Other company's within the Financial sector that declined today were:
(
), down 15.4%,
(
), down 11.3%,
(
), down 10.9%, and
(
), down 10.6%.
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company's Retail Banking segment provides deposit, lending, brokerage, investment management, and cash management services. PNC Financial Services Group has a market cap of $32.83 billion and is part of the
industry. The company has a P/E ratio of 11.3, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 8.9% year to date as of the close of trading on Tuesday. Currently there are 19 analysts that rate PNC Financial Services Group a buy, no analysts rate it a sell, and seven rate it a hold.
TheStreet Ratings rates PNC Financial Services Group as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, solid stock price performance and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full PNC Financial Services Group Ratings Report.
On the positive front,
(
), up 18.4%,
(
), up 18%,
(
), up 12.8%, and
(
), up 11.8%, were all gainers within the financial sector with
(
) being today's featured financial sector winner.
- Use our financial section to find sector-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 sector could consider
(
) while those bearish on the financial sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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