3 Stocks Pushing The Financial Sector Lower

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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 146 points (1.1%) at 13,259 as of Tuesday, Nov. 6, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 2,070 issues advancing vs. 801 declining with 135 unchanged.

The Financial sector currently sits up 0.4% versus the S&P 500, which is up 0.9%. On the negative front, top decliners within the sector include Annaly Capital Management ( NLY), down 3.0%, American Capital Agency ( AGNC), down 1.9%, Banco De Chile ( BCH), down 1.3% and General Growth Properties ( GGP), down 0.8%. Top gainers within the sector include AmTrust Financial Services ( AFSI), up 12.7%, Lloyds Banking Group ( LYG), up 4.0%, Discover Financial Services ( DFS), up 3.1%, Credit Suisse Group ( CS), up 3.0% and UBS ( UBS), up 2.8%.

TheStreet Ratings group would like to highlight 3 stocks pushing the sector lower today:

3. Banco Santander ( SAN) is one of the companies pushing the Financial sector lower today. As of noon trading, Banco Santander is down $0.04 (-0.6%) to $7.30 on light volume Thus far, 680,739 shares of Banco Santander exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $7.27-$7.32 after having opened the day at $7.29 as compared to the previous trading day's close of $7.35.

Banco Santander-Chile provides commercial and retail banking services to corporate and individual customers in Chile. Banco Santander has a market cap of $75.0 billion and is part of the banking industry. The company has a P/E ratio of 0.0, below the S&P 500 P/E ratio of 17.7. Shares are down 2.3% year to date as of the close of trading on Monday. Currently there are no analysts that rate Banco Santander a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Banco Santander as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, premium valuation and deteriorating net income. Get the full Banco Santander Ratings Report now.

2. As of noon trading, Nationstar Mortgage Holdings ( NSM) is down $2.60 (-8.6%) to $27.60 on heavy volume Thus far, 2.6 million shares of Nationstar Mortgage Holdings exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $27.50-$29.57 after having opened the day at $28.60 as compared to the previous trading day's close of $30.20.

National Semiconductor Corporation, a semiconductor company, designs, develops, manufactures, and markets analog and mixed-signal integrated circuits and sub-systems. Nationstar Mortgage Holdings has a market cap of $3.0 billion and is part of the real estate industry. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7. Shares are unchanged year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Nationstar Mortgage Holdings a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Nationstar Mortgage Holdings as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Nationstar Mortgage Holdings Ratings Report now.

1. As of noon trading, NYSE Euronext ( NYX) is down $1.46 (-5.7%) to $24.15 on heavy volume Thus far, 5.2 million shares of NYSE Euronext exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $23.94-$25.44 after having opened the day at $25.15 as compared to the previous trading day's close of $25.61.

NYSE Euronext, through its subsidiaries, operates securities exchanges. It operates various stock exchanges, including the New York Stock Exchange (NYSE), NYSE Arca, Inc., and NYSE Amex LLC in the United States; and five European-based exchanges that comprise Euronext N.V. NYSE Euronext has a market cap of $6.2 billion and is part of the financial services industry. The company has a P/E ratio of 12.5, below the S&P 500 P/E ratio of 17.7. Shares are down 3.1% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate NYSE Euronext a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates NYSE Euronext as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and feeble growth in the company's earnings per share. Get the full NYSE Euronext Ratings Report now.

If you are interested in one of these 5 stocks, 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).

A reminder about TheStreet Ratings group: 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.
null

If you liked this article you might like

A Mortgage Lending CEO Reveals Why Millennials Are Buying Homes Later in Life
Top 7 Financial Stocks to Own for 2017

Top 7 Financial Stocks to Own for 2017

Citi's Focus on New Mortgages Spurs $982 Million Sale of Servicing Rights

Citi's Focus on New Mortgages Spurs $982 Million Sale of Servicing Rights

Don't Roll the Dice on Central Bank News

Don't Roll the Dice on Central Bank News

Strong On High Volume: Nationstar Mortgage Holdings (NSM)

Strong On High Volume: Nationstar Mortgage Holdings (NSM)