PNC Financial Services Group Inc (PNC): 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.

PNC Financial Services Group ( PNC) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.4%. By the end of trading, PNC Financial Services Group fell $0.83 (-1.1%) to $74.65 on average volume. Throughout the day, 2,353,086 shares of PNC Financial Services Group exchanged hands as compared to its average daily volume of 2,087,300 shares. The stock ranged in price between $74.41-$75.50 after having opened the day at $75.47 as compared to the previous trading day's close of $75.48. Other companies within the Banking industry that declined today were: Broadway Financial ( BYFC), down 8.4%, BNC Bancorp ( BNCN), down 8.3%, Community West ( CWBC), down 6.7% and Carolina Trust Bank ( CART), down 5.4%.

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 $40.1 billion and is part of the financial sector. The company has a P/E ratio of 11.1, below the S&P 500 P/E ratio of 17.7. Shares are up 29.4% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate PNC Financial Services Group a buy, 1 analyst rates it a sell, and 12 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 solid stock price performance, good cash flow from operations, expanding profit margins, growth in earnings per share and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Elmira Savings Bank Elmira NY ( ESBK), up 7.2%, Grupo Financiero Galicia ( GGAL), up 6.9%, Howard Bancorp Inc Md ( HBMD), up 6.7% and Baylake ( BYLK), up 5.6%.

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.

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