CME Group Inc. (CME): Today's Featured Financial Services Loser
CME Group (CME) pushed the Financial Services industry lower today making it today's featured Financial Services loser. The industry as a whole closed the day down 0.5%. By the end of trading, CME Group fell $6.68 (-2.5%) to $257.25 on average volume. Throughout the day, 589,060 shares of CME Group exchanged hands as compared to its average daily volume of 639,800 shares. The stock ranged in price between $255.50-$266.93 after having opened the day at $264.10 as compared to the previous trading day's close of $263.93. Other company's within the Financial Services industry that declined today were: Penson Worldwide (PNSN), down 11.4%, CD International (CDII), down 10.3%, Ladenburg Thalman Financial Services (LTS), down 6%, and INTL FCStone (INTL), down 6%.
CME Group Inc. operates the CME, CBOT, NYMEX and COMEX futures exchanges worldwide. The company provides a range of products across various asset classes, such as interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather, and real estate. CME Group has a market cap of $17.15 billion and is part of the financial sector. The company has a P/E ratio of 10.6, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 5.9% year to date as of the close of trading on Monday. Currently there are nine analysts that rate CME Group a buy, one analyst rates it a sell, and six rate it a hold.
TheStreet Ratings rates CME Group as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full CME Group Ratings Report.
On the positive front, Community Bankers Trust Corporation (BTC), up 11.7%, Oaktree Capital Group (OAK), up 5.2%, Credit Suisse (DSLV), up 5%, and Dominion Resources Black Warrior (DOM), up 4%, were all gainers within the financial services industry with Capital One Financial (COF) being today's featured financial services industry winner.
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For investors not wanting singular stock exposure, 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).
- Find other investment ideas from our top rated ETFs lists.