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Meritor Inc (MTOR): Today's Featured Consumer Goods Loser

By TheStreet Wire 10/04/11 - 04:21 PM EDT

Find out if (MTOR) is in Cramer's Portfolio.

The consumer goods sector closed the day up 2.6%. China Xiniya Fashion (XNY), American Lorain (ALN), Eastman Kodak Company (EK), and Tufco Technologies (TFCO) were all decliners today within the consumer goods sector with Meritor Inc (MTOR) being today's featured consumer goods loser. Meritor Inc fell 30 cents (-4.7%) to $6.73 on average volume. Throughout the day, two million shares of Meritor Inc exchanged hands as compared to its average daily volume of 2.3 million shares.

Meritor, Inc. provides drivetrain mobility and braking solutions for original equipment (OE) manufacturers of trucks, trailers, and specialty vehicles. It operates in three segments: Commercial Truck, Industrial, and Aftermarket & Trailer. Meritor Inc has a market cap of $666.8 million and is part of the automotive industry. The company has a P/E ratio of 41.5, above the average automotive industry P/E ratio of 20.2 and above the S&P 500 P/E ratio of 17.7. Shares are down 68.7% year to date as of the close of trading on Monday.

TheStreet Ratings rates Meritor as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, poor profit margins and weak operating cash flow.

You can view the full Meritor Ratings Report.

On the positive front, Spartan Motors (SPAR), Stoneridge Inc (SRI), Commercial Vehicle Group Inc (CVGI), and China New Borun Corporation (BORN) were all gainers within the consumer goods sector with Nike Inc (NKE) being today's featured consumer goods sector winner.

Use our consumer goods section to find sector-relevant news.
Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods (IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods (SZK).

Find other investment ideas from our top rated ETFs lists.

For more information on Meritor Inc click any of the following:

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