E*Trade Financial Corp (ETFC): Today's Featured Financial Laggard

E*Trade Financial ( ETFC) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day down 0.1%. By the end of trading, E*Trade Financial fell 15 cents (-1.8%) to $8.42 on average volume. Throughout the day, 4.1 million shares of E*Trade Financial exchanged hands as compared to its average daily volume of 5.4 million shares. The stock ranged in price between $8.32-$8.53 after having opened the day at $8.53 as compared to the previous trading day's close of $8.57. Other companies within the Financial sector that declined today were: Ampal-American Israel Corporation ( AMPL), down 16.4%, American Realty Investors ( ARL), down 11%, American Spectrum Realty ( AQQ), down 10.9%, and Crescent Financial ( CRFN), down 10.1%.

E*TRADE Financial Corporation, a financial services company, provides online brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand in the United States. E*Trade Financial has a market cap of $2.29 billion and is part of the financial services industry. The company has a P/E ratio of 14.1, above the average financial services industry P/E ratio of 13.8 and below the S&P 500 P/E ratio of 17.7. Shares are up 0.8% year to date as of the close of trading on Thursday. Currently there are two analysts that rate E*Trade Financial a buy, no analysts rate it a sell, and nine rate it a hold.

TheStreet Ratings rates E*Trade Financial as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, unimpressive growth in net income and a generally disappointing performance in the stock itself.

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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