5 Consumer Durables Stocks Dragging The Industry Down

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

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 4 points (0.0%) at 14,823 as of Tuesday, April 30, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,672 issues advancing vs. 1,218 declining with 158 unchanged.

The Consumer Durables industry currently sits down 0.40 versus the S&P 500, which is unchanged.

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

5. Canon ( CAJ) is one of the companies pushing the Consumer Durables industry lower today. As of noon trading, Canon is down $0.67 (-1.8%) to $35.83 on heavy volume Thus far, 1.2 million shares of Canon exchanged hands as compared to its average daily volume of 629,800 shares. The stock has ranged in price between $35.73-$36.03 after having opened the day at $35.87 as compared to the previous trading day's close of $36.50.

Canon Inc. engages in the manufacture and sale of office multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras, and lithography equipment worldwide. Canon has a market cap of $42.0 billion and is part of the consumer goods sector. The company has a P/E ratio of 14.9, below the S&P 500 P/E ratio of 17.7. Shares are down 7.5% year to date as of the close of trading on Monday.

TheStreet Ratings rates Canon as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. Get the full Canon Ratings Report now.

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4. As of noon trading, Royal Philips Electronics ( PHG) is down $0.20 (-0.7%) to $27.59 on light volume Thus far, 196,728 shares of Royal Philips Electronics exchanged hands as compared to its average daily volume of 836,000 shares. The stock has ranged in price between $27.37-$27.59 after having opened the day at $27.42 as compared to the previous trading day's close of $27.79.

Koninklijke Philips Electronics N.V. engages in the healthcare, lighting, and consumer lifestyle businesses worldwide. Royal Philips Electronics has a market cap of $25.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 74.9, above the S&P 500 P/E ratio of 17.7. Shares are up 4.4% year to date as of the close of trading on Monday.

TheStreet Ratings rates Royal Philips Electronics as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance, largely solid financial position with reasonable debt levels by most measures 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 Royal Philips Electronics Ratings Report now.

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3. As of noon trading, Sony Corporation ( SNE) is down $0.23 (-1.4%) to $16.33 on light volume Thus far, 884,373 shares of Sony Corporation exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $16.33-$16.53 after having opened the day at $16.49 as compared to the previous trading day's close of $16.56.

Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. Sony Corporation has a market cap of $17.4 billion and is part of the consumer goods sector. The company has a P/E ratio of 4.9, below the S&P 500 P/E ratio of 17.7. Shares are up 47.1% year to date as of the close of trading on Monday.

TheStreet Ratings rates Sony Corporation as a hold. 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 and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Sony Corporation Ratings Report now.

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2. As of noon trading, Pitney Bowes ( PBI) is down $2.57 (-15.9%) to $13.63 on heavy volume Thus far, 17.2 million shares of Pitney Bowes exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $13.12-$14.56 after having opened the day at $14.35 as compared to the previous trading day's close of $16.20.

Pitney Bowes Inc. provides software, hardware, and services to enable physical and digital communications in the United States and internationally. Pitney Bowes has a market cap of $3.0 billion and is part of the consumer goods sector. The company has a P/E ratio of 7.0, below the S&P 500 P/E ratio of 17.7. Shares are up 49.4% year to date as of the close of trading on Monday.

TheStreet Ratings rates Pitney Bowes as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Pitney Bowes Ratings Report now.

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1. As of noon trading, Whirlpool Corporation ( WHR) is down $2.44 (-2.1%) to $113.63 on average volume Thus far, 507,988 shares of Whirlpool Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $113.14-$116.13 after having opened the day at $115.84 as compared to the previous trading day's close of $116.07.

Whirlpool Corporation engages in the manufacture and marketing of home appliances worldwide. The company's principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other portable household appliances. Whirlpool Corporation has a market cap of $9.2 billion and is part of the consumer goods sector. The company has a P/E ratio of 16.7, below the S&P 500 P/E ratio of 17.7. Shares are up 14.2% year to date as of the close of trading on Monday.

TheStreet Ratings rates Whirlpool Corporation 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, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Whirlpool Corporation 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 3 stocks, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the consumer durables 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.
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