Navistar International Corp (NAV): Today's Featured Consumer Goods Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Navistar International ( NAV) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day up 0.1%. By the end of trading, Navistar International fell 22 cents (-1%) to $21.21 on average volume. Throughout the day, two million shares of Navistar International exchanged hands as compared to its average daily volume of two million shares. The stock ranged in price between $20.88-$21.89 after having opened the day at $21.58 as compared to the previous trading day's close of $21.43. Other companies within the Consumer Goods sector that declined today were: CCA Industries ( CAW), down 9.6%, American Apparel ( APP), down 8.4%, Appliance Recycling Centers ( ARCI), down 6.8%, and Cereplast ( CERP), down 6.7%.
  • ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.

Navistar International Corporation, through its subsidiaries, manufactures and sells commercial and military trucks, buses, diesel engines, recreational vehicles (RVs), and chassis, as well as provides service parts for trucks and trailers. Navistar International has a market cap of $1.44 billion and is part of the automotive industry. The company has a P/E ratio of 190.8, above the average automotive industry P/E ratio of 161.5 and above the S&P 500 P/E ratio of 17.7. Shares are down 44.6% year to date as of the close of trading on Thursday. Currently there are four analysts that rate Navistar International a buy, two analysts rate it a sell, and nine rate it a hold.

TheStreet Ratings rates Navistar International as a hold. The company's strongest point has been its strong cash flow from operations. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and poor profit margins.

On the positive front, Coldwater Creek ( CWTR), up 10.9%, CTI Industries Corporation ( CTIB), up 10.3%, Deswell Industries ( DSWL), up 6.9%, and Chromcraft Revington ( CRC), up 6.1%, were all gainers within the consumer goods sector with Avon Products ( AVP) being today's featured consumer goods sector leader.

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).

FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.

If you liked this article you might like

Navistar, Trucking Group Urge Senate to Expedite Adoption of Autonomous Trucks

The Bottom Could Quickly Drop Out of the Stock Market: Market Recon

Market Recon: The Market Is Telling You It Doesn't Trust the Federal Reserve -- Recession Lurking?

Dave & Busters and 4 Other Heavily Shorted Stocks Could Explode After They Report Earnings

Navistar Stock Surging as Baird Sees Shares Sailing Past $50