Cablevision Systems Corp (CVC): Today's Featured Media Loser

The media industry closed the day up 2.3%. SearchMedia Holdings ( IDI), Spanish Broadcasting System Inc ( SBSA), Media General Inc ( MEG), and AMC Networks Inc ( AMCX) were all decliners today within the media industry with Cablevision Systems ( CVC) being today's featured media loser. Cablevision Systems fell 16 cents (-0.9%) to $17.04 on average volume. Throughout the day, three million shares of Cablevision Systems exchanged hands as compared to its average daily volume of 3.6 million shares.

Cablevision Systems Corporation, through its subsidiaries, operates as a telecommunications, media, and entertainment company. Cablevision Systems has a market cap of $5 billion and is part of the services sector. The company has a P/E ratio of 11.8, below the average media industry P/E ratio of 12.4 and below the S&P 500 P/E ratio of 17.7. Shares are down 48.3% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Cablevision Systems as a hold. 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 and revenue growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow.

On the positive front, VisionChina Media Inc ( VISN), Private Media Group Inc ( PRVT), Envoy Capital Group Inc ( ECGI), and LodgeNet Interactive Corporation ( LNET) were all gainers within the media industry with News ( NWSA) being today's featured media industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).

null

More from Markets

Global Stocks Retreat as U.S.-China Trade War Intensifies

Global Stocks Retreat as U.S.-China Trade War Intensifies

Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

To Think a Trade War's Still Just a Threat Is the Dumbest Thing on Wall Street

To Think a Trade War's Still Just a Threat Is the Dumbest Thing on Wall Street

M&A Trends Still on Investors' Minds Despite Worries Over Tariffs -- ICYMI

M&A Trends Still on Investors' Minds Despite Worries Over Tariffs -- ICYMI

Dow Falls as U.S. Imposes Tariffs on $50 Billion of Chinese Goods

Dow Falls as U.S. Imposes Tariffs on $50 Billion of Chinese Goods