Pandora Media Inc (P): 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.

Pandora Media ( P) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day up 0.6%. By the end of trading, Pandora Media fell 17 cents (-1.2%) to $14.10 on average volume. Throughout the day, 6.8 million shares of Pandora Media exchanged hands as compared to its average daily volume of 5.6 million shares. The stock ranged in price between $13.85-$14.41 after having opened the day at $14.25 as compared to the previous trading day's close of $14.27. Other companies within the Services sector that declined today were: American Learning ( ALRN), down 17.4%, Lentuo International ( LAS), down 11.5%, Hastings Entertainment ( HAST), down 10%, and SuperMedia ( SPMD), down 9.7%.
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Pandora Media, Inc. provides an Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access unlimited hours of free music and comedy, as well as offers a paid subscription service to listeners. Pandora Media has a market cap of $2.35 billion and is part of the media industry. Shares are up 55.4% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Pandora Media a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates Pandora Media 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, Men's Wearhouse ( MW), up 19.1%, FreeSeas ( FREE), up 16.4%, AeroCentury Corporation ( ACY), up 11.7%, and ChinaNet Online Holdings ( CNET), up 11.2%, were all gainers within the services sector with Dollar General Corporation ( DG) 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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