U.S. Bancorp (USB): Today's Featured Banking Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

U.S. Bancorp ( USB) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day up 0.4%. By the end of trading, U.S. Bancorp fell $0.53 (-1.4%) to $36.74 on heavy volume. Throughout the day, 17,473,585 shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 9,750,000 shares. The stock ranged in price between $36.15-$36.85 after having opened the day at $36.78 as compared to the previous trading day's close of $37.27. Other companies within the Banking industry that declined today were: Oak Ridge Financial Services ( BKOR), down 4.9%, First Citizens Banc ( FCZA), down 4.3%, Carolina Trust Bank ( CART), down 4.1% and First Security Group ( FSGI), down 4.0%.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. Its services include lending and depository services, cash management, capital market, and trust and investment management services. U.S. Bancorp has a market cap of $69.4 billion and is part of the financial sector. Shares are up 16.7% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate U.S. Bancorp a buy, 2 analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates U.S. Bancorp as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, increase in stock price during the past year, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Broadway Financial ( BYFC), up 16.1%, Royal Bancshares of Pennsylvania ( RBPAA), up 15.0%, Old Second Bancorp ( OSBC), up 12.6% and Credit Suisse ( DSLV), up 10.7% , were all gainers within the banking industry with Wells Fargo ( WFC) being today's featured banking industry leader.

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).

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

If you liked this article you might like

Bank Stock Bulls Ready to Charge Again as Trump Bump Winds Down

Dow, S&P 500 and Nasdaq at New Records as Promise of Tax Reform Boosts Banks

Stocks Back at Highs as Apple Gains on iPhone 8, iPhone X Release

Stocks Come Off Highs as Apple Wait Counters Boost From Tax Reform Talk

Financials Swing Higher as White House Talks Up Tax Reform by End of Year