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 Sensata Technologies Holding N.V (
ST) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day down 1.1%. By the end of trading, Sensata Technologies Holding N.V fell $1.69 (-4.6%) to $35.00 on heavy volume. Throughout the day, 7,126,935 shares of Sensata Technologies Holding N.V exchanged hands as compared to its average daily volume of 1,148,900 shares. The stock ranged in price between $34.87-$35.75 after having opened the day at $35.69 as compared to the previous trading day's close of $36.69. Other companies within the Consumer Durables industry that declined today were:
Tempur-Pedic International (
TPX), down 9.0%,
Nautilus Group (
NLS), down 7.0%,
Mattress Firm (
MFRM), down 5.8% and
Furniture Brands International (
FBN), down 5.0%.
- EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Sensata Technologies Holding N.V, through its subsidiaries, engages in the development, manufacture, and sale of sensors and controls primarily in the Americas, the Asia Pacific, and Europe. The company operates in two segments, Sensors and Controls. Sensata Technologies Holding N.V has a market cap of $6.4 billion and is part of the technology sector. The company has a P/E ratio of 38.2, above the S&P 500 P/E ratio of 17.7. Shares are up 12.9% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Sensata Technologies Holding N.V a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates Sensata Technologies Holding N.V as a
buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
On the positive front,
SGOCO Group (
SGOC), down 15.2%,
American Woodmark Corporation (
AMWD), down 3.5%,
Virco Manufacturing Corporation (
VIRC), down 2.5% and
Chromcraft Revington (
CRC), down 1.9%.
For investors not wanting singular stock exposure, 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).
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.
