Cablevision Systems Corp (CVC): Today's Featured Media 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.

Cablevision Systems ( CVC) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole was unchanged today. By the end of trading, Cablevision Systems fell 23 cents (-1.5%) to $15.18 on average volume. Throughout the day, 2.5 million shares of Cablevision Systems exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in price between $15.13-$15.43 after having opened the day at $15.35 as compared to the previous trading day's close of $15.41. Other companies within the Media industry that declined today were: Point.360 ( PTSX), down 7.3%, Digital Cinema Destinations Corp Class A ( DCIN), down 5.8%, Bona Film Group ( BONA), down 5.7%, and Envoy Capital Group ( ECGI), down 4.7%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Cablevision Systems Corporation operates as a telecommunications and media company. Cablevision Systems has a market cap of $3.2 billion and is part of the services sector. The company has a P/E ratio of 23.2, 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 Tuesday. Currently there are three analysts that rate Cablevision Systems a buy, three analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Cablevision Systems as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and feeble growth in the company's earnings per share.

On the positive front, Inuvo ( INUV), up 7.3%, Spanish Broadcasting System ( SBSA), up 5.7%, Saga Communications ( SGA), up 5.7%, and Emmis Communications ( EMMS), up 4%, were all gainers within the media industry with McGraw-Hill Companies Incorporated ( MHP) being today's featured media industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.

null

More from Markets

NYSE Suspends Trading for Some Shares of Nasdaq-Listed Amazon, Alphabet

NYSE Suspends Trading for Some Shares of Nasdaq-Listed Amazon, Alphabet

Stocks Waver Amid a Rise in Bond Yields, Strong Earnings

Stocks Waver Amid a Rise in Bond Yields, Strong Earnings

Video: Jim Cramer Reveals Why He's Cautious on Stocks

Video: Jim Cramer Reveals Why He's Cautious on Stocks

Jim Cramer on Earnings: All Stories Aren't Equal

Jim Cramer on Earnings: All Stories Aren't Equal

4 Stocks Making Important Moves Wednesday

4 Stocks Making Important Moves Wednesday