Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Western Union Company fell $0.21 (-1.1%) to $18.51 on average volume. Throughout the day, 6,207,142 shares of Western Union Company exchanged hands as compared to its average daily volume of 5,117,900 shares. The stock ranged in price between $18.47-$18.86 after having opened the day at $18.69 as compared to the previous trading day's close of $18.72. Other companies within the Financial Services industry that declined today were:
WisdomTree Global Real Return Fund
), down 6.4%,
Cash Store Financial Services
), down 4.7%,
), down 3.4% and
), down 3.1%.
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The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers cash money transfer services involving walk-in agent locations. Western Union Company has a market cap of $10.3 billion and is part of the financial sector. Shares are up 37.0% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Western Union Company a buy, 3 analysts rate it a sell, and 14 rate it a hold.
TheStreet Ratings rates
Western Union Company
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.
- You can view the full Western Union Company Ratings Report.
On the positive front,
), up 18.5%,
), up 15.3%,
), up 5.6% and
), up 5.1% , were all gainers within the financial services industry with
) being today's featured financial services industry leader.
- Use our financial services section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider
) while those bearish on the financial services industry could consider
- Find other investment ideas from our top rated ETFs lists.