3 Stocks Pushing The Consumer Durables 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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 42 points (0.3%) at 14,338 as of Thursday, March 7, 2013, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,674 issues advancing vs. 1,197 declining with 153 unchanged.

The Consumer Durables industry currently sits up 0.1% versus the S&P 500, which is up 0.2%. A company within the industry that fell today was Panasonic Corporation ( PC), up 1.8%.

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

3. Blount International ( BLT) is one of the companies pushing the Consumer Durables industry lower today. As of noon trading, Blount International is down $1.38 (-8.9%) to $14.17 on heavy volume Thus far, 800,450 shares of Blount International exchanged hands as compared to its average daily volume of 397,300 shares. The stock has ranged in price between $13.38-$14.71 after having opened the day at $13.52 as compared to the previous trading day's close of $15.55.

Blount International, Inc., together with its subsidiaries, designs, manufactures, and markets equipment, replacement and component parts, and accessories to forestry, lawn and garden, farm, ranch, agriculture, and construction sectors in the United States and internationally. Blount International has a market cap of $761.3 million and is part of the consumer goods sector. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7. Shares are down 2.0% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Blount International a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Blount International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Blount International Ratings Report now.

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2. As of noon trading, Sony Corporation ( SNE) is down $0.22 (-1.4%) to $15.62 on light volume Thus far, 990,042 shares of Sony Corporation exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $15.22-$15.62 after having opened the day at $15.56 as compared to the previous trading day's close of $15.84.

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 $15.7 billion and is part of the consumer goods sector. The company has a P/E ratio of 4.4, below the S&P 500 P/E ratio of 17.7. Shares are up 41.4% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Sony Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Sony Corporation as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself. Get the full Sony Corporation Ratings Report now.

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1. As of noon trading, Whirlpool Corporation ( WHR) is down $0.70 (-0.6%) to $117.81 on average volume Thus far, 469,271 shares of Whirlpool Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $117.00-$118.31 after having opened the day at $118.28 as compared to the previous trading day's close of $118.51.

Whirlpool Corporation engages in the manufacture and marketing of home appliances worldwide. The company's principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other portable household appliances. Whirlpool Corporation has a market cap of $9.3 billion and is part of the consumer goods sector. The company has a P/E ratio of 23.5, above the S&P 500 P/E ratio of 17.7. Shares are up 16.5% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Whirlpool Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Whirlpool Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Whirlpool Corporation 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 consumer durables industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the consumer durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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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