General Motors Co (GM): Today's Featured Automotive 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.

General Motors ( GM) pushed the Automotive industry lower today making it today's featured Automotive laggard. The industry as a whole was unchanged today. By the end of trading, General Motors fell 33 cents (-1.3%) to $24.60 on light volume. Throughout the day, 6.4 million shares of General Motors exchanged hands as compared to its average daily volume of 8.9 million shares. The stock ranged in price between $24.38-$24.94 after having opened the day at $24.91 as compared to the previous trading day's close of $24.93. Other companies within the Automotive industry that declined today were: 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%.
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General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $37.35 billion and is part of the consumer goods sector. The company has a P/E ratio of nine, below the S&P 500 P/E ratio of 17.7. Shares are up 23% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate General Motors a buy, one analyst rates it a sell, and three rate it a hold.

TheStreet Ratings rates General Motors as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and poor profit margins.

On the positive front, 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%, were all gainers within the automotive industry with TRW Automotive Holdings ( TRW) being today's featured automotive industry leader.

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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