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 higher today making it today's featured banking winner. The industry as a whole closed the day down 0.1%. By the end of trading, UBS rose 22 cents (1.4%) to $16.17 on average volume. Throughout the day, 3.4 million shares of UBS exchanged hands as compared to its average daily volume of 3.1 million shares. The stock ranged in a price between $16.04-$16.37 after having opened the day at $16.09 as compared to the previous trading day's close of $15.95. Other companies within the Banking industry that increased today were:
National Bank of Greece (
NBG), up 24.2%,
Northeast Community Bancorp (
NECB), up 9.7%,
Carrollton Bancorp (
CRRB), up 7%, and
Credit Suisse (
DWTI), up 6.1%.
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UBS AG, a financial services firm, provides wealth management, asset management, and investment banking products and services worldwide. Its Wealth Management division provides financial services to high net worth individuals worldwide. UBS has a market cap of $57.86 billion and is part of the financial sector. The company has a P/E ratio of 14.3, below the S&P 500 P/E ratio of 17.7. Shares are up 1.3% year to date as of the close of trading on Wednesday. Currently there is one analyst that rates 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.
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).
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