Navistar International Corp (NAV): 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.

Navistar International ( NAV) pushed the Automotive industry lower today making it today's featured Automotive laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Navistar International fell 37 cents (-1.5%) to $24.40 on light volume. Throughout the day, one million shares of Navistar International exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $24.12-$25.32 after having opened the day at $24.92 as compared to the previous trading day's close of $24.77. Other companies within the Automotive industry that declined today were: Motorcar Parts of America ( MPAA), down 3.8%, Arctic Cat ( ACAT), down 2.8%, SORL Auto Parts ( SORL), down 2.4%, and China Zenix Auto International Ltd ADR ( ZX), down 2.3%.
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Navistar International Corporation, through its subsidiaries, manufactures and sells commercial and military trucks, buses, diesel engines, and recreational vehicles, as well as provides service parts for trucks and trailers worldwide. Navistar International has a market cap of $2.02 billion and is part of the consumer goods sector. Shares are up 15.7% year to date as of the close of trading on Monday. Currently there are five analysts that rate Navistar International a buy, two analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Navistar International as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

On the positive front, Delphi Automotive ( DLPH), up 4.2%, Toyota Motor ( TM), up 3.1%, Winnebago Industries ( WGO), up 2.5%, and Meritor ( MTOR), up 2.3%, were all gainers within the automotive industry with Harley-Davidson ( HOG) 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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