Today's Automotive Industry Featured Laggard: Delphi Automotive PLC (DLPH)

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.

Delphi Automotive ( DLPH) pushed the Automotive industry lower today making it today's featured Automotive laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Delphi Automotive fell 52 cents (-1.2%) to $42.74 on light volume. Throughout the day, 1.3 million shares of Delphi Automotive exchanged hands as compared to its average daily volume of 2.5 million shares. The stock ranged in price between $42.07-$42.83 after having opened the day at $42.60 as compared to the previous trading day's close of $43.26. Other companies within the Automotive industry that declined today were: Federal Signal ( FSS), down 2.5%, American Axle & Mfg Holdings ( AXL), down 2.2%, Shiloh Industries ( SHLO), down 2.2%, and Tenneco ( TEN), down 2.2%.
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Delphi Automotive PLC, together with its subsidiaries, manufactures vehicle components; and provides electrical and electronic, powertrain, safety, and thermal technology solutions for the automotive and commercial vehicle markets worldwide. Delphi Automotive has a market cap of $13.68 billion and is part of the consumer goods sector. The company has a P/E ratio of 13, below the S&P 500 P/E ratio of 17.7. Shares are up 13.1% year to date as of the close of trading on Thursday. Currently there are eight analysts that rate Delphi Automotive a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Delphi Automotive as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and generally higher debt management risk.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the automotive industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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