TD Ameritrade Holding Corporation (AMTD): Today's Featured Financial Services Laggard

TD Ameritrade Holding Corporation ( AMTD) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day down 0.1%. By the end of trading, TD Ameritrade Holding Corporation fell 25 cents (-1.5%) to $16.59 on light volume. Throughout the day, 2.2 million shares of TD Ameritrade Holding Corporation exchanged hands as compared to its average daily volume of 3.8 million shares. The stock ranged in price between $16.48-$16.83 after having opened the day at $16.83 as compared to the previous trading day's close of $16.84. Other companies within the Financial Services industry that declined today were: Ampal-American Israel Corporation ( AMPL), down 16.4%, Knight Capital Group ( KCG), down 5.5%, Security National Financial Corporation ( SNFCA), down 4.5%, and Investment Technology Group ( ITG), down 4.1%.

TD Ameritrade Holding Corporation, through its subsidiaries, provides securities brokerage services and technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States. TD Ameritrade Holding Corporation has a market cap of $9 billion and is part of the financial sector. The company has a P/E ratio of 15.1, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 4.9% year to date as of the close of trading on Thursday. Currently there are nine analysts that rate TD Ameritrade Holding Corporation a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates TD Ameritrade Holding Corporation as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and feeble growth in the company's earnings per share.

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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