U.S. Bancorp (USB): Today's Featured Financial Loser
(
) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole was unchanged today. By the end of trading, U.S. Bancorp fell 20 cents (-0.6%) to $30.93 on light volume. Throughout the day, eight million shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 11.3 million shares. The stock ranged in price between $30.76-$31.37 after having opened the day at $31.09 as compared to the previous trading day's close of $31.13. Other company's within the Financial sector that declined today were:
(
), down 19.9%,
Affirmative Insurance Holdings
(
), down 18.1%,
(
), down 12%, and
Dominion Resources Black Warrior
(
), down 11.5%.
U.S. Bancorp, a financial services holding company, provides various banking and financial services in the United States. The company offers depository services, such as checking accounts, savings accounts, and time certificate contracts. U.S. Bancorp has a market cap of $58.72 billion and is part of the
industry. The company has a P/E ratio of 11.9, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 15.1% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate U.S. Bancorp a buy, one analyst rates it a sell, and 12 rate it a hold.
TheStreet Ratings rates U.S. Bancorp as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, notable return on equity, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full U.S Ratings Report.
On the positive front,
(
), up 17.8%,
(
), up 16.3%,
(
), up 14.7%, and
(
), up 13.7%, 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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