Orix Corporation (IX): Today's Featured Financial Services Loser

The financial services industry closed the day up 0.4%. Cohen & Steers Inc ( CNS), Newtek Business Services Inc ( NEWT), Penson Worldwide Inc ( PNSN), and Gabelli Global Utility & Income ( GLU) were all decliners today within the financial services industry with Orix Corporation ( IX) being today's featured financial services loser. Orix Corporation fell 47 cents (-1.1%) to $42.31 on light volume. Throughout the day, 7,035 shares of Orix Corporation exchanged hands as compared to its average daily volume of 42,600 shares.

Orix Corporation, an integrated financial services company, provides various products and services to corporate and retail customers in Japan and internationally. Orix Corporation has a market cap of $9.4 billion and is part of the financial sector. The company has a P/E ratio of 15.5, above the average financial services industry P/E ratio of 12.4 and below the S&P 500 P/E ratio of 17.7. Shares are down 10.6% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Orix as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and a generally disappointing performance in the stock itself.

On the positive front, Millennium India Acquisition Company Incor ( SMCG), Cash Store Financial Services Inc ( CSFS), Ampal-American Israel Corporation ( AMPL), and Greenhill & Co Inc ( GHL) were all gainers within the financial services industry with Bank of New York Mellon ( BK) being today's featured financial services industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).

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