HMC, TM, PVH, GM And F, Pushing Consumer Goods Sector Downward

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 36 points (0.3%) at 14,562 as of Thursday, March 28, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,626 issues advancing vs. 1,256 declining with 162 unchanged.

The Consumer Goods sector currently is unchanged today versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include Panasonic Corporation ( PC), down 1.9%, Canon ( CAJ), down 1.7% and Sony Corporation ( SNE), down 1.4%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today:

5. Honda Motor ( HMC) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Honda Motor is down $0.54 (-1.4%) to $38.25 on average volume Thus far, 294,004 shares of Honda Motor exchanged hands as compared to its average daily volume of 621,500 shares. The stock has ranged in price between $38.24-$38.40 after having opened the day at $38.30 as compared to the previous trading day's close of $38.79.

Honda Motor Co., Ltd., together with its subsidiaries, engages in the development, manufacture, and distribution of motorcycles, automobiles, and power products worldwide. Honda Motor has a market cap of $69.6 billion and is part of the automotive industry. The company has a P/E ratio of 10.8, below the S&P 500 P/E ratio of 17.7. Shares are up 5.0% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Honda Motor a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Honda Motor as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, notable return on equity, growth in earnings per share and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Honda Motor Ratings Report now.

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