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.
TRW Automotive Holdings (
TRW) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole was unchanged today. By the end of trading, TRW Automotive Holdings rose $1.08 (2.3%) to $48.95 on average volume. Throughout the day, 901,542 shares of TRW Automotive Holdings exchanged hands as compared to its average daily volume of 970,900 shares. The stock ranged in a price between $47.86-$49.06 after having opened the day at $47.88 as compared to the previous trading day's close of $47.87. Other companies within the Automotive industry that increased today were:
Oshkosh Corporation (
OSK), up 4%,
American Axle & Mfg Holdings (
AXL), up 4%,
Dorman Products (
DORM), up 3.9%, and
Fuel Systems Solutions (
FSYS), up 3.5%.
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TRW Automotive Holdings Corp., together with its subsidiaries, designs, manufactures, and sells automotive systems, modules, and components for automotive original equipment manufacturers (OEM) and related aftermarkets. TRW Automotive Holdings has a market cap of $5.67 billion and is part of the consumer goods sector. The company has a P/E ratio of 5.9, below the S&P 500 P/E ratio of 17.7. Shares are up 42.3% year to date as of the close of trading on Monday. Currently there are seven analysts that rate TRW Automotive Holdings a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates TRW Automotive Holdings as a
buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
On the negative front,
ATC Venture Group (
ATC), down 7.5%,
Shiloh Industries (
SHLO), down 5.6%,
Monro Muffler/Brake (
MNRO), down 3.9%, and
Quantum Fuel Systems Technologies Worldwide (
QTWW), down 3.8%, were all laggards within the automotive industry with
General Motors (
GM) being today's automotive industry laggard.
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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