3 Stocks Underperforming Today In The Consumer Durables Industry

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 79 points (0.6%) at 14,527 as of Tuesday, March 26, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,808 issues advancing vs. 1,104 declining with 127 unchanged.

The Consumer Durables industry currently sits up 0.1% versus the S&P 500, which is up 0.4%.

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

3. Koninklijke Philips Electronics ( PHG) is one of the companies pushing the Consumer Durables industry lower today. As of noon trading, Koninklijke Philips Electronics is down $0.26 (-0.9%) to $29.95 on heavy volume Thus far, 755,531 shares of Koninklijke Philips Electronics exchanged hands as compared to its average daily volume of 761,900 shares. The stock has ranged in price between $29.87-$30.35 after having opened the day at $30.14 as compared to the previous trading day's close of $30.21.

Koninklijke Philips Electronics N.V. engages in the healthcare, lighting, and consumer lifestyle businesses worldwide. Koninklijke Philips Electronics has a market cap of $29.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 82.3, above the S&P 500 P/E ratio of 17.7. Shares are up 13.8% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Koninklijke Philips Electronics a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Koninklijke Philips Electronics 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, solid stock price performance, expanding profit margins 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 Koninklijke Philips Electronics Ratings Report now.

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