4 Stocks Pushing The Specialty Retail 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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 14,565 as of Thursday, April 4, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,512 issues advancing vs. 1,354 declining with 153 unchanged.

The Specialty Retail industry currently sits down 0.2% versus the S&P 500, which is up 0.1%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. Luxottica Group ( LUX) is one of the companies pushing the Specialty Retail industry lower today. As of noon trading, Luxottica Group is down $0.55 (-1.1%) to $50.39 on light volume Thus far, 37,574 shares of Luxottica Group exchanged hands as compared to its average daily volume of 139,500 shares. The stock has ranged in price between $50.07-$50.67 after having opened the day at $50.24 as compared to the previous trading day's close of $50.94.

Luxottica Group S.p.A., together with its subsidiaries, provides fashion, luxury, and sports eyewear worldwide. The company operates in two segments, Manufacturing and Wholesale Distribution, and Retail Distribution. Luxottica Group has a market cap of $24.1 billion and is part of the services sector. The company has a P/E ratio of 52.3, above the S&P 500 P/E ratio of 17.7. Shares are up 23.2% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Luxottica Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Luxottica Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Luxottica Group Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

3. As of noon trading, AutoNation ( AN) is down $0.84 (-2.0%) to $40.98 on average volume Thus far, 490,062 shares of AutoNation exchanged hands as compared to its average daily volume of 656,600 shares. The stock has ranged in price between $40.38-$41.98 after having opened the day at $41.66 as compared to the previous trading day's close of $41.82.

AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company operates in three segments: Domestic, Import, and Premium Luxury. AutoNation has a market cap of $5.3 billion and is part of the services sector. The company has a P/E ratio of 17.5, below the S&P 500 P/E ratio of 17.7. Shares are up 11.1% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate AutoNation a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates AutoNation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full AutoNation Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

2. As of noon trading, Sothebys ( BID) is down $0.82 (-2.3%) to $34.66 on average volume Thus far, 384,767 shares of Sothebys exchanged hands as compared to its average daily volume of 843,500 shares. The stock has ranged in price between $34.65-$35.52 after having opened the day at $35.52 as compared to the previous trading day's close of $35.48.

Sotheby's operates as an auctioneer of authenticated fine art, decorative art, and jewelry. The company operates in three segments: Auction, Finance, and Dealer. Sothebys has a market cap of $2.6 billion and is part of the services sector. The company has a P/E ratio of 23.9, above the S&P 500 P/E ratio of 17.7. Shares are up 5.5% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Sothebys a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Sothebys 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, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Sothebys Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

1. As of noon trading, Signet Jewelers ( SIG) is down $1.14 (-1.7%) to $65.79 on heavy volume Thus far, 708,802 shares of Signet Jewelers exchanged hands as compared to its average daily volume of 712,700 shares. The stock has ranged in price between $65.03-$67.02 after having opened the day at $66.89 as compared to the previous trading day's close of $66.93.

Signet Jewelers Limited operates as a specialty jewelry retailer in the United States, the United Kingdom, the Republic of Ireland, and the Channel Islands. The company retails jewelry, watches, and associated services. Signet Jewelers has a market cap of $5.5 billion and is part of the services sector. The company has a P/E ratio of 15.7, below the S&P 500 P/E ratio of 17.7. Shares are up 25.3% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Signet Jewelers a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Signet Jewelers as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Signet Jewelers Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

If you are interested in one of these 4 stocks, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the specialty retail 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.

null

More from Markets

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec