UBS AG (UBS): 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.

UBS ( UBS) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day up 0.3%. By the end of trading, UBS fell 24 cents (-1.4%) to $16.60 on average volume. Throughout the day, two million shares of UBS exchanged hands as compared to its average daily volume of 2.6 million shares. The stock ranged in price between $16.55-$16.65 after having opened the day at $16.65 as compared to the previous trading day's close of $16.84. Other companies within the Banking industry that declined today were: MSB Financial Corporation ( MSBF), down 9.3%, Central Federal ( CFBK), down 6.7%, Patriot National Bancorp ( PNBK), down 6.5%, and Jacksonville Bancorp Inc (FL ( JAXB), down 5.8%.
  • 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.

UBS AG, a financial services firm, provides wealth management, asset management, and investment banking products and services to private, corporate, and institutional clients worldwide. The company is also involved in retail and commercial banking in Switzerland. UBS has a market cap of $64.52 billion and is part of the financial sector. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. Shares are up 6.9% year to date as of the close of trading on Friday. Currently there are two analysts that rate UBS a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates UBS as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins and feeble growth in its earnings per share.

On the positive front, Royal Bancshares of Pennsylvania ( RBPAA), up 12.1%, Carver Bancorp ( CARV), up 10.9%, Carolina Trust Bank ( CART), up 9.9%, and WVS Financial ( WVFC), up 9.1%, were all gainers within the banking industry with Citigroup ( C) being today's featured banking industry leader.

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).

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

If you liked this article you might like

Bitcoin Is a Monstrous Bubble Just Waiting to Explode, Top Forecaster Predicts

Bitcoin's Future in Question

Here Come Two Vicious Months for Stocks: Market Recon

Bitcoin Booms, Tesla Gets Hit Are Monday's Hot Tickers: SNAP, AMD, NVDA, TSLA