Ford, Whirlpool: S&P Laggards

NEW YORK ( TheStreet) - Ford ( F) and Whirlpool ( WHR) were among the worst performers in the S&P 500 on Friday.

The S&P 500 rose 1.57 points, or 0.11%, to close at 1,404.17. The index is sitting at its best levels since June 2008 after logging a 2.4% gain in the past five sessions, its best weekly performance in three months. Year-to-date, the S&P 500 is up 11.5% on a price basis.

Ford shares fell 3.02% to $12.51. The company is extending the maturity of its $9 billion revolving credit line by two years, according to Bloomberg.

Ford shares trade at an estimated price-to-earnings ratio for next year of 7.42X; the average for car companies is 15.2X. For comparison, General Motors ( GM) has a lower forward P/E of 5.5X.

Fifteen of the 23 analysts who cover Ford rate it at buy; eight analysts give the stock a hold rating.

TheStreet Ratings gives Ford a B grade with a buy rating and $14.39 price target. The stock has risen 16.26% year to date.

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Shares of Whirlpool fell 2.5% to $76.84.The stock currently trades at an estimated price-to-earnings ratio for next year of 11.18X; the average for durable household products companies is 11.04X. For comparison, Newell Rubbermaid ( NWL) has a lower forward P/E of 10.19X; Stanley Black & Decker's ( SWK) forward P/E is 12.14X.

Three of the seven analysts who cover Whirlpool rate it at hold. Two analysts give the stock a buy rating and another two rate it at sell.

TheStreet Ratings gives Whirlpool a B grade with a buy rating and a $84.82 price target. The stock has risen 61.94% year to date.


Other poor-performing stocks in the index include:
  • PulteGroup (PHM): The stock dropped 3.33% Friday to $9.29. The stock has risen 47.23% year to date. TheStreet Ratings gives PulteGroup a D+ grade and sell rating.
  • Assurant (AIZ): The stock fell 2.37% Friday to $39.88. The stock has fallen 2.87% year to date. TheStreet Ratings gives Assurant an A- grade with a buy rating and $48.18 price target.
  • Dean Foods (DF): The stock dropped 2.04% Friday to $12.01. The stock has risen 7.23% year to date. TheStreet Ratings gives Dean Foods a D+ grade with a sell rating.
  • J.C. Penney (JCP): The stock fell 2.03% Friday to $36.24. The stock has risen 3.1% year to date. TheStreet Ratings gives J.C. Penney a C+ grade and hold rating.
  • IntercontinentalExchange (ICE): The stock dropped 2.01% Friday to $139.00. The stock has risen 15.3% year to date. TheStreet Ratings gives IntercontinentalExchange an A grade with a buy rating and $161.35 price target.
  • Lincoln National (LNC):The stock fell 1.91% to $26.77. The stock has risen 37.85% year to date. TheStreet Ratings gives Lincoln National a C grade and hold rating.
  • Xylem (XYL): The stock dropped 1.88% to $28.19. The stock has risen 9.73% year to date.
  • Genworth Financial (GNW): The stock fell 1.82% to $9.15. The stock has risen 39.69% year to date. TheStreet Ratings gives Genworth Financial a C grade and hold rating.

-- Written by Alexandra Zendrian in New York.

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