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 Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Telefonica fell 56 cents (-4%) to $13.28 on light volume. Throughout the day, 2.7 million shares of Telefonica exchanged hands as compared to its average daily volume of 3.6 million shares. The stock ranged in price between $13.23-$13.58 after having opened the day at $13.55 as compared to the previous trading day's close of $13.84. Other companies within the Telecommunications industry that declined today were:
), down 12.5%,
), down 12.4%,
), down 9.8%, and
), down 9.5%.
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Telefonica, S.A. provides fixed and mobile telephony services primarily in Spain, Latin America, and rest of Europe. Telefonica has a market cap of $62.62 billion and is part of the
sector. The company has a P/E ratio of 57.4, above the average telecommunications industry P/E ratio of 11.3 and above the S&P 500 P/E ratio of 17.7. Shares are down 20.2% year to date as of the close of trading on Thursday. Currently there are no analysts that rate Telefonica a buy, two analysts rate it a sell, and two rate it a hold.
TheStreet Ratings rates Telefonica as a
. Among the primary strengths of the company is its respectable return on equity which we feel is likely to continue. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and poor profit margins.
- You can view the full Telefonica Ratings Report.
On the positive front,
), up 10%,
), up 6.8%,
), up 5.4%, and
), up 5%, were all gainers within the telecommunications industry with
) being today's featured telecommunications industry leader.
- Use our telecommunications 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 telecommunications industry could consider
) while those bearish on the telecommunications industry could consider
- Find other investment ideas from our top rated ETFs lists.
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