Toronto-Dominion Bank (TD): Today's Featured Banking Winner

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

Toronto-Dominion Bank ( TD) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.2%. By the end of trading, Toronto-Dominion Bank rose $1.15 (1.4%) to $81.63 on average volume. Throughout the day, 466,747 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 517,100 shares. The stock ranged in a price between $80.49-$81.72 after having opened the day at $80.62 as compared to the previous trading day's close of $80.48. Other companies within the Banking industry that increased today were: First Security Group ( FSGI), up 10.6%, Mackinac Financial Corporation ( MFNC), up 7.0%, Porter Bancorp ( PBIB), up 6.0% and Pathfinder Bancorp ( PBHC), up 6.0%.
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The Toronto-Dominion Bank, together with its subsidiaries, provides financial and banking services in North America and internationally. The company's Canadian Personal and Commercial Banking segment offers various financial products and services to personal and small business customers. Toronto-Dominion Bank has a market cap of $74.6 billion and is part of the financial sector. The company has a P/E ratio of 11.4, below the S&P 500 P/E ratio of 17.7. Shares are down 4.6% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Toronto-Dominion Bank a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Toronto-Dominion Bank as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and growth in earnings per share. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.

On the negative front, National Bank of Greece ( NBG), down 33.9%, Credit Suisse ( DSLV), down 11.2%, Credit Suisse ( UOIL), down 8.0% and Village Bank and Trust Financial Corporatio ( VBFC), down 6.9% , were all laggards within the banking industry with HDFC Bank ( HDB) being today's banking industry laggard.

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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