JPMorgan Chase & Co (JPM): Today's Featured Banking Laggard

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.

JPMorgan Chase ( JPM) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.7%. By the end of trading, JPMorgan Chase fell 54 cents (-1.3%) to $40.04 on average volume. Throughout the day, 19.4 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 23.4 million shares. The stock ranged in price between $40-$40.52 after having opened the day at $40.18 as compared to the previous trading day's close of $40.58. Other companies within the Banking industry that declined today were: Credit Suisse ( DGAZ), down 13.3%, Atlantic Coast Financial ( ACFC), down 9%, Royal Bancshares of Pennsylvania ( RBPAA), down 8.7%, and Central Federal ( CFBK), down 8.2%.
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JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $154.41 billion and is part of the financial sector. The company has a P/E ratio of 8.6, below the S&P 500 P/E ratio of 17.7. Shares are up 22.2% year to date as of the close of trading on Monday. Currently there are 19 analysts that rate JPMorgan Chase a buy, two analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

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