Tesla Motors Inc. (TSLA): 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.

Tesla Motors ( TSLA) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day up 0.6%. By the end of trading, Tesla Motors fell 31 cents (-1.1%) to $27.33 on average volume. Throughout the day, 1.5 million shares of Tesla Motors exchanged hands as compared to its average daily volume of 1.4 million shares. The stock ranged in price between $26.86-$28.05 after having opened the day at $28.02 as compared to the previous trading day's close of $27.64. Other companies within the Consumer Goods sector that declined today were: Tianli Agritech ( OINK), down 9.8%, Summer Infant ( SUMR), down 8.4%, Cereplast ( CERP), down 7.8%, and Monro Muffler/Brake ( MNRO), down 6.2%.
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Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. The company offers Tesla Roadster, an electric sports car. Tesla Motors has a market cap of $2.99 billion and is part of the automotive industry. Shares are down 3.2% year to date as of the close of trading on Friday. Currently there are eight analysts that rate Tesla Motors a buy, one analyst rates it a sell, and three rate it a hold.

TheStreet Ratings rates Tesla Motors as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, generally high debt management risk, disappointing return on equity and poor profit margins.

On the positive front, China Shengda Packaging Group ( CPGI), up 22%, American Lorain ( ALN), up 11.7%, Swisher Hygiene ( SWSH), up 10.2%, and Star Scientific ( STSI), up 8.6%, were all gainers within the consumer goods sector with Nike ( NKE) 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).

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