4 Stocks Underperforming Today In The Insurance Industry
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
Two out of the three major indices are trading up today with the Dow Jones Industrial Average (^DJI) trading up 15 points (0.1%) at 14,565 as of Thursday, April 4, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,512 issues advancing vs. 1,354 declining with 153 unchanged.
TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:
4. Sun Life Financial (SLF) is one of the companies pushing the Insurance industry lower today. As of noon trading, Sun Life Financial is down $0.43 (-1.6%) to $26.45 on average volume Thus far, 173,193 shares of Sun Life Financial exchanged hands as compared to its average daily volume of 318,500 shares. The stock has ranged in price between $26.32-$27.01 after having opened the day at $26.89 as compared to the previous trading day's close of $26.88.
Sun Life Financial Inc., an international financial services organization, provides a range of protection and wealth accumulation products and services to individuals and corporate customers. Sun Life Financial has a market cap of $16.6 billion and is part of the financial sector. The company has a P/E ratio of 11.9, below the S&P 500 P/E ratio of 17.7. Shares are up 1.3% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Sun Life Financial a buy, 2 analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates Sun Life Financial 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, attractive valuation levels, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Sun Life Financial Ratings Report now.
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