Time Warner Cable Inc (TWC): Today's Featured Media Loser
(
) pushed the Media industry lower today making it today's featured Media loser. The industry as a whole closed the day down 0.8%. By the end of trading, Time Warner Cable Inc fell 57 cents (-0.9%) to $59.20 on average volume. Throughout the day, 2.8 million shares of Time Warner Cable Inc exchanged hands as compared to its average daily volume of 2.7 million shares. The stock ranged in price between $58.83-$59.91 after having opened the day at $59.76 as compared to the previous trading day's close of $59.77. Other company's within the Media industry that declined today were:
(
), down 35.8%,
(
), down 9.2%,
(
), down 7.2%, and
(
), down 6%.
Time Warner Cable Inc., together with its subsidiaries, operates as a cable operator in the United States. It offers video, high-speed data, and voice services over its broadband cable systems to residential and commercial customers. Time Warner Cable Inc has a market cap of $19.28 billion and is part of the
sector. The company has a P/E ratio of 14, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 9.5% year to date as of the close of trading on Monday.
TheStreet Ratings rates Time Warner Cable as a
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Time Warner Cable Ratings Report.
On the positive front,
(
), up 14.7%,
(
), up 12.6%,
Spanish Broadcasting System Inc
(
), up 10.2%, and
(
), up 8.1%, were all gainers within the media industry with
(
) being today's featured media industry winner.
- Use our media 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 media industry could consider
(
) while those bearish on the media industry could consider
ProShares Ultra Sht Consumer Services
(
).
- Find other investment ideas from our top rated ETFs lists.
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