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 1.0%. By the end of trading, PNC Financial Services Group fell $1.10 (-1.3%) to $85.32 on average volume. Throughout the day, 2,177,333 shares of PNC Financial Services Group exchanged hands as compared to its average daily volume of 2,283,400 shares. The stock ranged in price between $85.31-$86.99 after having opened the day at $86.99 as compared to the previous trading day's close of $86.42. Other companies within the Banking industry that declined today were: Doral Financial ( DRL), down 10.8%, Hampton Roads Bankshares ( HMPR), down 6.2%, BofI ( BOFI), down 5.9% and Peapack Gladstone Financial Corporation ( PGC), down 5.8%.

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. PNC Financial Services Group has a market cap of $46.4 billion and is part of the financial sector. Shares are up 11.4% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate PNC Financial Services Group a buy, 1 analyst rates it a sell, and 10 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, compelling growth in net income, expanding profit margins, notable return on equity and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Old Point Financial Corporation ( OPOF), up 9.1%, Mackinac Financial Corporation ( MFNC), up 3.0%, Farmers Capital Bank Corporation ( FFKT), up 2.6% and BBX Capital ( BBX), up 2.6% , were all gainers within the banking industry with Credicorp ( BAP) 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.

If you liked this article you might like

14 Bank Stocks That Will Either Surge or Do Nothing

Goldman's Top Bank Stocks for the Rest of 2017

Don't Bank on PNC: It May Retest Highs, but Could Disappoint Longer-Term

Electronic Arts, Activision Blizzard and Take-Two Interactive: 'Mad Money' Lightning Round

Don't Let Stock Picking Scare You: Cramer's 'Mad Money' Recap (Wednesday 7/19/17)