FNGN, FII, WETF, EFX And CME, Pushing Financial Services Industry Downward

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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 53 points (-0.3%) at 16,478 as of Wednesday, Jan. 8, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,242 issues advancing vs. 1,672 declining with 178 unchanged.

The Financial Services industry currently sits down 0.1% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include First Cash Financial Services ( FCFS), down 1.9%, IntercontinentalExchange Group ( ICE), down 1.1% and Invesco ( IVZ), down 0.6%. Top gainers within the industry include SLM ( SLM), up 1.5%, Western Union Company ( WU), up 1.1%, Ameriprise Financial ( AMP), up 0.9%, Discover Financial Services ( DFS), up 0.8% and Bank of New York Mellon ( BK), up 0.6%.

TheStreet would like to highlight 5 stocks pushing the industry lower today:

5. Financial Engines ( FNGN) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Financial Engines is down $0.74 (-1.1%) to $67.64 on light volume. Thus far, 98,820 shares of Financial Engines exchanged hands as compared to its average daily volume of 343,100 shares. The stock has ranged in price between $67.64-$68.80 after having opened the day at $68.26 as compared to the previous trading day's close of $68.38.

Financial Engines, Inc., together with its subsidiaries, provides independent, technology-enabled portfolio management services, investment advice, and retirement income services to participants in employer-sponsored defined contribution plans. Financial Engines has a market cap of $3.4 billion and is part of the financial sector. The company has a P/E ratio of 127.1, above the S&P 500 P/E ratio of 17.7. Shares are down 1.6% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Financial Engines a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Financial Engines as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Financial Engines Ratings Report now.

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

4. As of noon trading, Federated Investors ( FII) is down $0.30 (-1.0%) to $29.23 on light volume. Thus far, 210,924 shares of Federated Investors exchanged hands as compared to its average daily volume of 814,300 shares. The stock has ranged in price between $29.07-$29.50 after having opened the day at $29.48 as compared to the previous trading day's close of $29.53.

Federated Investors, Inc. is a publicly owned asset management holding company. Federated Investors has a market cap of $3.0 billion and is part of the financial sector. The company has a P/E ratio of 18.0, above the S&P 500 P/E ratio of 17.7. Shares are up 2.5% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Federated Investors a buy, 4 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Federated Investors as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Federated Investors Ratings Report now.

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

3. As of noon trading, WisdomTree Investments ( WETF) is down $0.35 (-1.9%) to $17.76 on light volume. Thus far, 549,339 shares of WisdomTree Investments exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $17.69-$18.17 after having opened the day at $18.12 as compared to the previous trading day's close of $18.11.

WisdomTree Investments, Inc., through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. WisdomTree Investments has a market cap of $2.2 billion and is part of the financial sector. The company has a P/E ratio of 59.9, above the S&P 500 P/E ratio of 17.7. Shares are up 2.3% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate WisdomTree Investments a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates WisdomTree Investments as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full WisdomTree Investments Ratings Report now.

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

2. As of noon trading, Equifax ( EFX) is down $0.49 (-0.7%) to $68.24 on light volume. Thus far, 131,733 shares of Equifax exchanged hands as compared to its average daily volume of 581,700 shares. The stock has ranged in price between $67.91-$68.71 after having opened the day at $68.54 as compared to the previous trading day's close of $68.73.

Equifax Inc. collects, organizes, and manages various financial, demographic, employment, and marketing information solutions for businesses and consumers. The company's U.S. Equifax has a market cap of $8.3 billion and is part of the financial sector. The company has a P/E ratio of 27.4, above the S&P 500 P/E ratio of 17.7. Shares are down 0.5% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Equifax a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Equifax as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Equifax Ratings Report now.

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

1. As of noon trading, CME Group ( CME) is down $0.80 (-1.0%) to $77.02 on average volume. Thus far, 839,688 shares of CME Group exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $76.76-$78.04 after having opened the day at $76.82 as compared to the previous trading day's close of $77.82.

CME Group Inc. operates the CME, CBOT, NYMEX COMEX, and KCBT futures exchanges worldwide. It operates CBOT exchange, a marketplace for trading agricultural and the U.S. CME Group has a market cap of $26.3 billion and is part of the financial sector. The company has a P/E ratio of 27.5, above the S&P 500 P/E ratio of 17.7. Shares are down 0.8% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate CME Group a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates CME Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and weak operating cash flow. Get the full CME Group Ratings Report now.

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

If you are interested in one of these 5 stocks, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).

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