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.
Tyco International (
TYC) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day down 1.3%. By the end of trading, Tyco International fell 55 cents (-1.7%) to $31.30 on average volume. Throughout the day, 2.8 million shares of Tyco International exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in price between $31.29-$32.01 after having opened the day at $31.97 as compared to the previous trading day's close of $31.85. Other companies within the Diversified Services industry that declined today were:
ITT Educational Services (
ESI), down 16.6%,
American Learning (
ALRN), down 9.5%,
Innovaro (
INV), down 8.3%, and
Hudson Global (
HSON), down 8%.
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Tyco International Ltd. operates as a fire protection and security company. The company provides security products and services, fire protection and detection products and services, valves and controls, and other industrial products. Tyco International has a market cap of $14.8 billion and is part of the services sector. Shares are up 8.9% year to date as of the close of trading on Friday. Currently there are six analysts that rate Tyco International a buy, no analysts rate it a sell, and five rate it a hold.
TheStreet Ratings rates Tyco International as a
hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider
iShares Dow Jones US Cons Services (
IYC) while those bearish on the diversified services industry could consider
ProShares Ultra Short Consumer Sers (
SCC).
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