Time Warner Cable Inc (TWC): Today's Featured Services Loser
(
) pushed the Services sector lower today making it today's featured Services loser. The sector as a whole closed the day down 0.2%. By the end of trading, Time Warner Cable fell 42 cents (-0.6%) to $76.16 on average volume. Throughout the day, 1.4 million shares of Time Warner Cable exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $75.64-$77.04 after having opened the day at $76.70 as compared to the previous trading day's close of $76.58. Other company's within the Services sector that declined today were:
(
), down 27.4%,
(
), down 11.8%,
(
), down 11.5%, and
(
), down 11.2%.
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 business service customers. Time Warner Cable has a market cap of $23.15 billion and is part of the
industry. The company has a P/E ratio of 14.1, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 16.5% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate Time Warner Cable a buy, no analysts rate it a sell, and six rate it a hold.
TheStreet Ratings rates Time Warner Cable as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.
- You can view the full Time Warner Cable Ratings Report.
On the positive front,
(
), up 65.6%,
(
), up 50%,
(
), up 21.2%, and
(
), up 19.5%, were all gainers within the services sector with
(
) being today's featured services sector winner.
- Use our services 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 services sector could consider
iShares Dow Jones US Cons Services
(
) while those bearish on the services sector could consider
ProShares Ultra Short Consumer Sers
(
).
- Find other investment ideas from our top rated ETFs lists.
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