ARCA:XLY

Stock Analysis Report

Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund

Executive Summary

The Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund is an exchange traded fund launched by State Street Global Advisors, Inc.

Rewards


Snowflake Analysis

Share Price & News

How has Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: XLY has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-10.5%

XLY

-8.6%

US Capital Markets

-10.6%

US Market


1 Year Return

4.9%

XLY

4.9%

US Capital Markets

5.2%

US Market

Return vs Industry: XLY matched the US Capital Markets industry which returned 4.9% over the past year.

Return vs Market: XLY matched the US Market which returned 5.2% over the past year.


Shareholder returns

XLYIndustryMarket
7 Day-10.5%-8.6%-10.6%
30 Day-6.9%-7.9%-8.5%
90 Day-4.8%-4.4%-4.6%
1 Year6.4%4.9%7.1%4.9%7.4%5.2%
3 Year39.3%34.0%25.5%18.4%31.7%23.2%
5 Year65.9%54.6%65.9%50.7%56.4%39.3%

Price Volatility Vs. Market

How volatile is Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund undervalued compared to its fair value and its price relative to the market?

29.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: XLY ($116.58) is trading below our estimate of fair value ($165.12)

Significantly Below Fair Value: XLY is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: XLY is poor value based on its PE Ratio (51.5x) compared to the Capital Markets industry average (30.2x).

PE vs Market: XLY is poor value based on its PE Ratio (51.5x) compared to the US market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate XLY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: XLY is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (6.2x).

Future Growth

How is Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.9%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund performed over the past 5 years?

20.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XLY has a large one-off gain of $74.8M impacting its September 30 2019 financial results.

Growing Profit Margin: XLY's current net profit margins are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: XLY's earnings have grown significantly by 20.1% per year over the past 5 years.

Accelerating Growth: XLY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: XLY had negative earnings growth (-93%) over the past year, making it difficult to compare to the Capital Markets industry average (8.5%).


Return on Equity

High ROE: XLY's Return on Equity (1.9%) is considered low.

Financial Health

How is Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: XLY has a low level of unsold assets or inventory.

Debt Coverage by Assets: XLY's debt is covered by short term assets (assets are 1.2x debt).


Financial Institutions Analysis

Asset Level: XLY's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if XLY has a sufficient allowance for bad loans.

Low Risk Liabilities: XLY reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if XLY has an acceptable proportion of non-loan assets held.

Low Risk Deposits: XLY has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if XLY has an appropriate level of bad loans.

Dividend

What is Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund's current dividend yield, its reliability and sustainability?

1.35%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: XLY's dividend (1.35%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: XLY's dividend (1.35%) is low compared to the top 25% of dividend payers in the US market (4.09%).


Stability and Growth of Payments

Stable Dividend: XLY's dividends per share have been stable in the past 10 years.

Growing Dividend: XLY's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (69.4%), XLY's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

The Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • The Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund
  • State Street Financial Center
  • One Lincoln Street
  • Boston
  • Massachusetts
  • 02111-2900
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XLYARCA (NYSE Arca)YesCommon StockUSUSDDec 1998
SD7YHMSE (Hamburg Stock Exchange)YesCommon StockDEEURDec 1998
XLYBVL (Bolsa de Valores de Lima)YesCommon StockPEUSDDec 1998
0L4PLSE (London Stock Exchange)YesCommon StockGBUSDDec 1998

Biography

The Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is managed by SSGA Funds Management, Inc. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across consumer discretionary sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Consumer Discretionary Select Sector Index and the S&P 500 Index, by using full replication technique. The Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund was formed on December 16, 1998 and is domiciled in the United States. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 00:15
End of Day Share Price2020/02/27 00:00
Earnings2019/09/30
Annual Earnings2019/09/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.