Autoliv Inc. (ALV): Today's Featured Automotive Loser

Autoliv ( ALV) pushed the Automotive industry lower today making it today's featured Automotive loser. The industry as a whole closed the day up 1.3%. By the end of trading, Autoliv fell $1.05 (-1.6%) to $65.31 on heavy volume. Throughout the day, 1.2 million shares of Autoliv exchanged hands as compared to its average daily volume of 672,800 shares. The stock ranged in price between $64.87-$67.55 after having opened the day at $67.40 as compared to the previous trading day's close of $66.36. Other company's within the Automotive industry that declined today were: ATC Venture Group ( ATC), down 8.6%, American Axle & Mfg Holdings ( AXL), down 5.5%, Superior Industries International ( SUP), down 2.3%, and Ford Motor ( F), down 2.3%.

Autoliv, Inc., through its subsidiaries, engages in the development, manufacture, and supply of automotive safety systems to the automotive industry. Autoliv has a market cap of $5.83 billion and is part of the consumer goods sector. The company has a P/E ratio of 9.8, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 24.1% year to date as of the close of trading on Thursday. Currently there are two analysts that rate Autoliv a buy, two analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Autoliv as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Strattec Security Corporation ( STRT), up 10.2%, Fuel Systems Solutions ( FSYS), up 5.8%, Drew Industries ( DW), up 5.3%, and Swift Transportation ( SWFT), up 4.6%, were all gainers within the automotive industry with TRW Automotive Holdings ( TRW) being today's featured automotive industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the automotive industry could consider ProShares Ultra Sht Consumer Goods ( SZK).
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