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

Moody's Corporation ( MCO) pushed the Diversified Services industry lower today making it today's featured Diversified Services loser. The industry as a whole closed the day up 0.5%. By the end of trading, Moody's Corporation fell 36 cents (-0.9%) to $41.61 on heavy volume. Throughout the day, 2.6 million shares of Moody's Corporation exchanged hands as compared to its average daily volume of 1.5 million shares. The stock ranged in price between $41.29-$42.56 after having opened the day at $42.10 as compared to the previous trading day's close of $41.97. Other company's within the Diversified Services industry that declined today were: Furiex Pharmaceuticals ( FURX), down 23%, American Learning ( ALRN), down 13.7%, CRA International ( CRAI), down 12.8%, and H&R Block ( HRB), down 10.7%.

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 $9.29 billion and is part of the services sector. The company has a P/E ratio of 16.7, 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 23.6% year to date as of the close of trading on Wednesday. Currently there are two analysts that rate Moody's Corporation a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Moody's Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Brink's Company ( BCO), up 16.4%, Strayer Education ( STRA), up 14.9%, China HGS Real Estate ( HGSH), up 12.8%, and K12 ( LRN), up 9%, were all gainers within the diversified services industry with Apollo Group ( APOL) 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

If you liked this article you might like

How to Get Rich Using Warren Buffett's Favorite Stock Market Indicators

How to Make Your Life Successful Just Like Billionaire Warren Buffett

How to Live Just Like Billionaire Warren Buffett

How to Make a Deal Like Billionaire Investor Warren Buffett

How to Invest Like Billionaire Warren Buffett