PNC Financial Services Group Inc (PNC): Today's Featured Financial 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

PNC Financial Services Group ( PNC) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day down 1.0%. By the end of trading, PNC Financial Services Group fell $0.86 (-1.2%) to $70.88 on average volume. Throughout the day, 2,685,279 shares of PNC Financial Services Group exchanged hands as compared to its average daily volume of 2,818,100 shares. The stock ranged in price between $70.79-$71.95 after having opened the day at $71.77 as compared to the previous trading day's close of $71.74. Other companies within the Financial sector that declined today were: Millennium India Acquisition Corporation ( SMCG), down 14.8%, Doral Financial ( DRL), down 9.9%, Carver Bancorp ( CARV), down 8.2% and Patriot National Bancorp ( PNBK), down 7.9%.
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The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company's Retail Banking segment provides deposit, lending, brokerage, investment management, and cash management services. PNC Financial Services Group has a market cap of $37.7 billion and is part of the banking industry. The company has a P/E ratio of 12.7, below the S&P 500 P/E ratio of 17.7. Shares are up 23.0% year to date as of the close of trading on Tuesday. Currently there are 16 analysts that rate PNC Financial Services Group a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates PNC Financial Services Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, expanding profit margins, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, American Realty Investors ( ARL), down 13.8%, Life Partners Holdings ( LPHI), down 9.6%, Transcontinental Realty Investors ( TCI), down 9.3% and Optibase ( OBAS), down 7.6%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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