Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK (
TheStreet) --
Lexmark International (NYSE:
LXK) is trading at unusually high volume Friday with 14.8 million shares changing hands. It is currently at 6.4 times its average daily volume and trading down 62 cents (-2.7%) at $22.25 as of 4:02 p.m. ET.
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Lexmark International has a market cap of $1.56 billion and is part of the
technology sector and
computer hardware industry. Shares are down 30.8% year to date as of the close of trading on Thursday.
Lexmark International, Inc. develops, manufactures, and supplies printing and imaging solutions for offices. It offers laser printers, inkjet printers, and multifunction devices, as well as cartridges and other supplies, services, and solutions. The company has a P/E ratio of 6.9, equal to the average computer hardware industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Lexmark International as a
hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and weak operating cash flow. You can view the full
Lexmark International Ratings Report.
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