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.

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