4 Consumer Goods Stocks Dragging The Sector 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 60 points (0.4%) at 15,029 as of Tuesday, May 7, 2013, 12:54 PM ET. The NYSE advances/declines ratio sits at 1,907 issues advancing vs. 994 declining with 159 unchanged.

The Consumer Goods sector currently sits up 0.3% versus the S&P 500, which is up 0.3%. A company within the sector that fell today was Tesla Motors ( TSLA), up 3.78. Top gainers within the sector include Sony Corporation ( SNE), up 2.6%, General Mills ( GIS), up 2.0%, Coca-Cola Femsa S.A.B. de C.V ( KOF), up 2.0%, Toyota Motor ( TM), up 1.2% and Altria Group ( MO), up 1.1%.

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

4. Royal Philips Electronics ( PHG) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Royal Philips Electronics is down $0.55 (-2.0%) to $26.73 on average volume Thus far, 378,535 shares of Royal Philips Electronics exchanged hands as compared to its average daily volume of 773,000 shares. The stock has ranged in price between $26.65-$26.96 after having opened the day at $26.93 as compared to the previous trading day's close of $27.28.

Koninklijke Philips Electronics N.V. engages in the healthcare, lighting, and consumer lifestyle businesses worldwide. Royal Philips Electronics has a market cap of $25.6 billion and is part of the industrial industry. The company has a P/E ratio of 76.4, above the S&P 500 P/E ratio of 17.7. Shares are up 6.5% 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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