3 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

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 19 points (-0.1%) at 13,006 as of Monday, Dec. 3, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,239 issues advancing vs. 1,655 declining with 129 unchanged.

The Media industry currently sits down 0.4% versus the S&P 500, which is down 0.1%. A company within the industry that fell today was Shaw Communications ( SJR), up 1.0%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. Madison Square Garden ( MSG) is one of the companies pushing the Media industry lower today. As of noon trading, Madison Square Garden is down $1.34 (-3.1%) to $42.46 on average volume Thus far, 103,522 shares of Madison Square Garden exchanged hands as compared to its average daily volume of 253,200 shares. The stock has ranged in price between $42.25-$43.68 after having opened the day at $43.68 as compared to the previous trading day's close of $43.80.

The Madison Square Garden Company, together with its subsidiaries, operates in the sports, entertainment, and media businesses primarily in the United States. The company operates in three segments: MSG Media, MSG Entertainment, and MSG Sports. Madison Square Garden has a market cap of $2.7 billion and is part of the services sector. The company has a P/E ratio of 32.2, above the S&P 500 P/E ratio of 17.7. Shares are up 53.0% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Madison Square Garden a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Madison Square Garden as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and growth in earnings per share. However, as a counter to these strengths, we find that the company's revenue growth has not been good. Get the full Madison Square Garden Ratings Report now.

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2. As of noon trading, Grupo Televisa S.A ( TV) is down $0.22 (-0.9%) to $23.45 on average volume Thus far, 522,206 shares of Grupo Televisa S.A exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $23.37-$23.82 after having opened the day at $23.73 as compared to the previous trading day's close of $23.67.

Grupo Televisa, S.A.B. operates as a media company. Grupo Televisa S.A has a market cap of $27.3 billion and is part of the services sector. The company has a P/E ratio of 21.2, above the S&P 500 P/E ratio of 17.7. Shares are up 12.4% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Grupo Televisa S.A a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Grupo Televisa S.A 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, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Grupo Televisa S.A Ratings Report now.

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1. As of noon trading, Omnicom Group ( OMC) is down $0.30 (-0.6%) to $49.44 on average volume Thus far, 729,733 shares of Omnicom Group exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $49.32-$49.91 after having opened the day at $49.85 as compared to the previous trading day's close of $49.74.

Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services in the Americas, Europe, the Middle East, Africa, Asia, and Australia. Omnicom Group has a market cap of $13.0 billion and is part of the services sector. The company has a P/E ratio of 14.0, below the S&P 500 P/E ratio of 17.7. Shares are up 11.6% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Omnicom Group a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Omnicom Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, notable return on equity, reasonable valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Omnicom Group Ratings Report now.

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If you are interested in one of these 3 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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