Moody's Corporation (MCO): Today's Featured Diversified Services Loser

The diversified services industry closed the day down 0.3%. Hudson Technology Inc ( HDSN), Princeton Review Inc ( REVU), Carbonite Inc ( CARB), and Global Education and Technology Group ( GEDU) were all decliners today within the diversified services industry with Moody's Corporation ( MCO) being today's featured diversified services loser. Moody's Corporation fell $1.13 (-3.5%) to $30.93 on average volume. Throughout the day, 2.9 million shares of Moody's Corporation exchanged hands as compared to its average daily volume of 3.7 million shares.

Moody's Corporation, through its subsidiaries, provides credit ratings, research, and analysis covering fixed-income securities, other debt instruments, and the entities that issue such instruments in the global capital markets. Moody's Corporation has a market cap of $7.4 billion and is part of the services sector. The company has a P/E ratio of 12.2, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 21.9% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Moody's as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, robust revenue growth and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.

On the positive front, Pointer Telocation ( PNTR), Exponent Inc ( EXPO), Phoenix New Media Ltd ADR ( FENG), and Command Security Corporation ( MOC) were all gainers within the diversified services industry with Visa Inc ( V) being today's featured diversified services industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).

null

More from Markets

Stocks Trade Mixed, Energy Shares Fall on Sharp Drop in Oil Prices

Stocks Trade Mixed, Energy Shares Fall on Sharp Drop in Oil Prices

Best Buy's Billionaire Founder: We Were 'Late to the Game' in Online Shopping

Best Buy's Billionaire Founder: We Were 'Late to the Game' in Online Shopping

Jim Cramer: Intuit Had a Fantastic Quarter

Jim Cramer: Intuit Had a Fantastic Quarter

Jim Cramer on Foot Locker's Earnings: Nike Is a Buy

Jim Cramer on Foot Locker's Earnings: Nike Is a Buy

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%