KMB, CL And KO, Pushing Consumer Goods Sector Downward
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 95 points (-0.5%) at 18,476 as of Monday, July 25, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 974 issues advancing vs. 1,919 declining with 171 unchanged.
The Consumer Goods sector currently is unchanged today versus the S&P 500, which is down 0.6%.
TheStreet would like to highlight 3 stocks pushing the sector lower today:
3.
(
) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Kimberly-Clark is down $2.76 (-2.0%) to $131.86 on heavy volume. Thus far, 1.4 million shares of Kimberly-Clark exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $131.50-$133.75 after having opened the day at $132.85 as compared to the previous trading day's close of $134.63.
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Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. Kimberly-Clark has a market cap of $48.0 billion and is part of the consumer non-durables industry. Shares are up 5.8% year-to-date as of the close of trading on Friday. Currently there are 2 analysts that rate Kimberly-Clark a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Kimberly-Clark
as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, expanding profit margins, solid stock price performance and growth in earnings per share. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
now.
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2. As of noon trading,
(
) is down $0.53 (-0.7%) to $74.08 on light volume. Thus far, 747,751 shares of Colgate-Palmolive exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $73.99-$74.57 after having opened the day at $74.57 as compared to the previous trading day's close of $74.61.
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Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products worldwide. It operates through two segments: Oral, Personal and Home Care; and Pet Nutrition. Colgate-Palmolive has a market cap of $66.0 billion and is part of the consumer non-durables industry. Shares are up 12.0% year-to-date as of the close of trading on Friday. Currently there is 1 analyst that rates Colgate-Palmolive a buy, no analysts rate it a sell, and 14 rate it a hold.
TheStreet Ratings rates
Colgate-Palmolive
as a
. The company's strengths can be seen in multiple areas, such as its expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and weak operating cash flow. Get the full
Colgate-Palmolive Ratings Report
now.
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1. As of noon trading,
(
) is down $0.30 (-0.7%) to $45.52 on light volume. Thus far, 3.4 million shares of Coca-Cola exchanged hands as compared to its average daily volume of 11.1 million shares. The stock has ranged in price between $45.47-$45.83 after having opened the day at $45.81 as compared to the previous trading day's close of $45.83.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Coca-Cola has a market cap of $196.6 billion and is part of the food & beverage industry. Shares are up 6.7% year-to-date as of the close of trading on Friday. Currently there are 6 analysts that rate Coca-Cola a buy, 2 analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Coca-Cola
as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, solid stock price performance and expanding profit margins. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider
iShares Dow Jones US Cons Goods
(
) while those bearish on the consumer goods sector could consider
ProShares Ultra Sht Consumer Goods
(
).