Scripps Networks Interactive Inc (SNI): Today's Featured 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.

Scripps Networks Interactive ( SNI) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day up 1.3%. By the end of trading, Scripps Networks Interactive fell $1.56 (-2.6%) to $58.31 on heavy volume. Throughout the day, 1.4 million shares of Scripps Networks Interactive exchanged hands as compared to its average daily volume of 865,900 shares. The stock ranged in price between $58.28-$59.89 after having opened the day at $59.67 as compared to the previous trading day's close of $59.87. Other companies within the Services sector that declined today were: American Learning ( ALRN), down 19.8%, General Employment ( JOB), down 11.1%, DS Torm ( TRMD), down 8.8%, and Finish Line ( FINL), down 8.3%.
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Scripps Networks Interactive, Inc. operates as a lifestyle content company in the United States and internationally. It engages in the operation of television networks, including Home and Garden Television, Food Network, Travel Channel, DIY Network, Cooking Channel, and Great American Country. Scripps Networks Interactive has a market cap of $6.86 billion and is part of the media industry. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7. Shares are up 2.6% year to date as of the close of trading on Thursday. Currently there are seven analysts that rate Scripps Networks Interactive a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Scripps Networks Interactive as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Newlead Holdings ( NEWL), up 63.4%, Seanergy Maritime Holdings ( SHIP), up 44.3%, FreeSeas ( FREE), up 35.6%, and Excel Maritime Carriers ( EXM), up 35%, were all gainers within the services sector with Yum Brands ( YUM) being today's featured services sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

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