Computer Sciences Corporation (CSC): Today's Featured Computer Software & Services 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.

Computer Sciences Corporation ( CSC) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Computer Sciences Corporation fell 37 cents (-1.1%) to $34.43 on average volume. Throughout the day, 1.9 million shares of Computer Sciences Corporation exchanged hands as compared to its average daily volume of 1.5 million shares. The stock ranged in price between $34.35-$34.88 after having opened the day at $34.84 as compared to the previous trading day's close of $34.80. Other companies within the Computer Software & Services industry that declined today were: Velti ( VELT), down 34.2%, Astea International ( ATEA), down 27.7%, BOS Better Online Solutions ( BOSC), down 15%, and NCI ( NCIT), down 13.3%.
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Computer Sciences Corporation provides information technology (IT) and professional services to governments and commercial enterprises. Computer Sciences Corporation has a market cap of $5.47 billion and is part of the technology sector. The company has a P/E ratio of -4, below the S&P 500 P/E ratio of 17.7. Shares are up 48.6% year to date as of the close of trading on Wednesday. Currently there is one analyst that rates Computer Sciences Corporation a buy, one analyst rates it a sell, and nine rate it a hold.

TheStreet Ratings rates Computer Sciences Corporation as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and generally higher debt management risk.

On the positive front, Recon Technology ( RCON), up 137.1%, Chyron Corporation ( CHYR), up 13.7%, ServiceNow ( NOW), up 10.7%, and Smith Micro Software ( SMSI), up 8.8%, were all gainers within the computer software & services industry with Oracle Corporation ( ORCL) being today's featured computer software & services industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider iShares S&P NA Tech Software Idx ( IGV) while those bearish on the computer software & services industry could consider ProShares Ultra Short Technology ( REW).

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