4 Stocks Pushing The Media Industry Lower

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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 146 points (1.1%) at 13,259 as of Tuesday, Nov. 6, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 2,070 issues advancing vs. 801 declining with 135 unchanged.

The Media industry currently sits up 0.4% versus the S&P 500, which is up 0.9%. A company within the industry that fell today was Time Warner ( TWX), up 0.5%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. Discovery Communications ( DISCK) is one of the companies pushing the Media industry lower today. As of noon trading, Discovery Communications is down $1.69 (-3.1%) to $52.89 on average volume Thus far, 216,092 shares of Discovery Communications exchanged hands as compared to its average daily volume of 379,500 shares. The stock has ranged in price between $51.75-$54.11 after having opened the day at $54.11 as compared to the previous trading day's close of $54.58.

Discovery Communications, Inc. operates as a non fiction media and entertainment company worldwide. The company provides original and purchased programming across various distribution platforms. Discovery Communications has a market cap of $5.2 billion and is part of the services sector. The company has a P/E ratio of 21.0, above the S&P 500 P/E ratio of 17.7. Shares are up 46.3% year to date as of the close of trading on Monday. Currently there are no analysts that rate Discovery Communications a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Discovery Communications 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, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Discovery Communications Ratings Report now.

3. As of noon trading, Charter Communications ( CHTR) is down $1.98 (-2.7%) to $70.96 on heavy volume Thus far, 1.5 million shares of Charter Communications exchanged hands as compared to its average daily volume of 602,700 shares. The stock has ranged in price between $70.01-$72.61 after having opened the day at $70.01 as compared to the previous trading day's close of $72.94.

Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. Charter Communications has a market cap of $7.6 billion and is part of the services sector. The company has a P/E ratio of -23.3, below the S&P 500 P/E ratio of 17.7. Shares are up 31.9% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Charter Communications a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Charter Communications as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and disappointing return on equity. Get the full Charter Communications Ratings Report now.

2. As of noon trading, Cablevision Systems ( CVC) is down $0.88 (-5.3%) to $15.65 on heavy volume Thus far, 3.9 million shares of Cablevision Systems exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $15.32-$16.58 after having opened the day at $16.44 as compared to the previous trading day's close of $16.53.

Cablevision Systems Corporation operates as a telecommunications and media company. Cablevision Systems has a market cap of $3.6 billion and is part of the services sector. The company has a P/E ratio of 20.9, above the S&P 500 P/E ratio of 17.7. Shares are up 16.2% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Cablevision Systems a buy, 3 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Cablevision Systems as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we find that net income has been generally deteriorating over time. Get the full Cablevision Systems Ratings Report now.

1. As of noon trading, Directv ( DTV) is down $1.06 (-2.1%) to $49.60 on heavy volume Thus far, 3.6 million shares of Directv exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $48.51-$49.87 after having opened the day at $49.14 as compared to the previous trading day's close of $50.66.

DIRECTV provides digital television entertainment primarily in the United States and Latin America. The company engages in acquiring, promoting, selling, and distributing digital entertainment programming primarily via satellite to residential and commercial subscribers. Directv has a market cap of $31.6 billion and is part of the services sector. The company has a P/E ratio of 13.0, below the S&P 500 P/E ratio of 17.7. Shares are unchanged year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Directv a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Directv as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, good cash flow from operations, increase in stock price during the past year and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Directv Ratings Report now.

If you are interested in one of these 4 stocks, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).

A reminder about TheStreet Ratings group: 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.
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