5 Stocks Pushing The Consumer Goods Sector 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 20 points (-0.2%) at 12,795 as of Monday, Nov. 12, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,283 issues advancing vs. 1,555 declining with 129 unchanged.

The Consumer Goods sector currently sits up 0.1% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include Canon ( CAJ), down 1.0%, and Honda Motor ( HMC), down 0.8%. Top gainers within the sector include VF Corporation ( VFC), up 3.4%, Coca-Cola Femsa S.A.B. de C.V ( KOF), up 0.7% and Companhia de Bebidas das Americas Ambev ( ABV.C), up 0.6%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today:

5. Sony Corporation ( SNE) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Sony Corporation is down $0.22 (-2.0%) to $10.64 on average volume Thus far, 706,773 shares of Sony Corporation exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $10.61-$10.79 after having opened the day at $10.76 as compared to the previous trading day's close of $10.86.

Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. Sony Corporation has a market cap of $10.9 billion and is part of the consumer durables industry. The company has a P/E ratio of 3.1, below the S&P 500 P/E ratio of 17.7. Shares are down 39.6% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Sony Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Sony Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins, weak operating cash flow, generally disappointing historical performance in the stock itself and generally high debt management risk. Get the full Sony Corporation Ratings Report now.

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