PHH Corporation (PHH): Today's Featured Financial Loser

PHH Corporation ( PHH) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole closed the day up 1.2%. By the end of trading, PHH Corporation fell 25 cents (-1.7%) to $14.83 on light volume. Throughout the day, 663,047 shares of PHH Corporation exchanged hands as compared to its average daily volume of 983,200 shares. The stock ranged in price between $14.82-$15.38 after having opened the day at $15.38 as compared to the previous trading day's close of $15.08. Other company's within the Financial sector that declined today were: Ameritrans Capital Corporation ( AMTC), down 50.6%, Carver Bancorp Inc ( CARVD), down 21.8%, Carver Bancorp Inc ( CARV), down 21.8%, and Pacific Office Properties Trust Inc ( PCE), down 16.7%.

PHH Corporation provides mortgage and fleet management outsourcing services in the United States and Canada. PHH Corporation has a market cap of $865.4 million and is part of the financial services industry. The company has a P/E ratio of 19.9, below the average financial services industry P/E ratio of 20.8 and above the S&P 500 P/E ratio of 17.7. Shares are down 34.9% year to date as of the close of trading on Friday.

TheStreet Ratings rates PHH as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, unimpressive growth in net income, generally weak debt management, weak operating cash flow and feeble growth in its earnings per share.

On the positive front, Tennessee Commerce Bancorp Inc ( TNCC), up 113.5%, First Security Group Inc ( FSGI), up 70.2%, Atlantic Coast Financial ( ACFC), up 45.1%, and Summit Financial Group Inc ( SMMF), up 32.5%, were all gainers within the financial sector with U.S. Bancorp ( USB) being today's featured financial sector winner.

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

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