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 Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Sourcefire fell $0.67 (-1.3%) to $51.14 on light volume. Throughout the day, 480,163 shares of Sourcefire exchanged hands as compared to its average daily volume of 953,200 shares. The stock ranged in price between $50.68-$51.75 after having opened the day at $51.66 as compared to the previous trading day's close of $51.81. Other companies within the Computer Software & Services industry that declined today were:
), down 27.3%,
), down 19.9%,
), down 12.6% and
), down 6.9%.
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Sourcefire, Inc. provides intelligent cybersecurity technologies worldwide. Sourcefire has a market cap of $1.6 billion and is part of the technology sector. The company has a P/E ratio of 319.1, above the S&P 500 P/E ratio of 17.7. Shares are up 8.1% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates Sourcefire as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and relatively poor performance when compared with the S&P 500 during the past year.
- You can view the full Sourcefire Ratings Report.
On the positive front,
), down 16.4%,
), down 13.0%,
), down 12.2% and
), down 6.8% , were all gainers within the computer software & services industry with
) being today's featured computer software & services industry leader.
- Use our computer software & 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 computer software & services industry could consider
) while those bearish on the computer software & services industry could consider
- Find other investment ideas from our top rated ETFs lists.
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