5 Stocks Pushing The Banking Industry 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 21 points (-0.2%) at 12,999 as of Friday, Nov. 30, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,281 issues advancing vs. 1,584 declining with 138 unchanged.

The Banking industry currently sits down 0.1% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include Royal Bank of Scotland Group (The ( RBS), down 1.8%, and Lloyds Banking Group ( LYG), down 0.5%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. HDFC Bank ( HDB) is one of the companies pushing the Banking industry lower today. As of noon trading, HDFC Bank is down $0.32 (-0.8%) to $42.53 on heavy volume Thus far, 464,452 shares of HDFC Bank exchanged hands as compared to its average daily volume of 572,400 shares. The stock has ranged in price between $42.20-$42.69 after having opened the day at $42.40 as compared to the previous trading day's close of $42.85.

HDFC Bank Limited, together with its subsidiaries, provides retail banking, wholesale banking, treasury, and other financial services to individual and business customers in India. HDFC Bank has a market cap of $31.5 billion and is part of the financial sector. The company has a P/E ratio of 32.7, above the S&P 500 P/E ratio of 17.7. Shares are up 53.2% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates HDFC Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates HDFC Bank as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, growth in earnings per share, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full HDFC Bank Ratings Report now.

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4. As of noon trading, Royal Bank of Canada ( RY) is down $0.29 (-0.5%) to $58.67 on light volume Thus far, 172,206 shares of Royal Bank of Canada exchanged hands as compared to its average daily volume of 495,700 shares. The stock has ranged in price between $58.61-$59.00 after having opened the day at $58.95 as compared to the previous trading day's close of $58.96.

Royal Bank of Canada provides personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services under the RBC name worldwide. Royal Bank of Canada has a market cap of $85.0 billion and is part of the financial sector. The company has a P/E ratio of 12.6, below the S&P 500 P/E ratio of 17.7. Shares are up 15.8% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Royal Bank of Canada a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Royal Bank of Canada as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and solid stock price performance. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Royal Bank of Canada Ratings Report now.

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3. As of noon trading, U.S. Bancorp ( USB) is down $0.28 (-0.8%) to $32.12 on light volume Thus far, 2.4 million shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 8.9 million shares. The stock has ranged in price between $32.07-$32.40 after having opened the day at $32.40 as compared to the previous trading day's close of $32.40.

U.S. Bancorp, a financial services holding company, provides various banking and financial services in the United States. The company offers depository services, such as checking accounts, savings accounts, and time certificate contracts. U.S. Bancorp has a market cap of $60.9 billion and is part of the financial sector. The company has a P/E ratio of 11.5, below the S&P 500 P/E ratio of 17.7. Shares are up 19.7% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate U.S. Bancorp a buy, 1 analyst rates it a sell, and 14 rate it a hold.

TheStreet Ratings rates U.S. Bancorp as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full U.S. Bancorp Ratings Report now.

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2. As of noon trading, Wells Fargo ( WFC) is down $0.24 (-0.7%) to $32.92 on light volume Thus far, 4.3 million shares of Wells Fargo exchanged hands as compared to its average daily volume of 26.1 million shares. The stock has ranged in price between $32.91-$33.22 after having opened the day at $33.11 as compared to the previous trading day's close of $33.16.

Wells Fargo & Company provides retail, commercial, and corporate banking services. The company operates in three segments: Community Banking; Wholesale Banking; and Wealth, Brokerage, and Retirement. Wells Fargo has a market cap of $172.7 billion and is part of the financial sector. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7. Shares are up 19.0% year to date as of the close of trading on Thursday. Currently there are 19 analysts that rate Wells Fargo a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Wells Fargo as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Wells Fargo Ratings Report now.

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1. As of noon trading, Citigroup ( C) is down $0.55 (-1.6%) to $34.66 on light volume Thus far, 12.5 million shares of Citigroup exchanged hands as compared to its average daily volume of 39.8 million shares. The stock has ranged in price between $34.61-$35.24 after having opened the day at $34.95 as compared to the previous trading day's close of $35.21.

Citigroup, Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. Citigroup has a market cap of $102.8 billion and is part of the financial sector. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 17.7. Shares are up 33.3% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Citigroup a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Citigroup as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Citigroup Ratings Report now.

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If you are interested in one of these 3 stocks, 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).

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.

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