4 Stocks Dragging In The Specialty Retail Industry

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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 65 points (-0.4%) at 15,111 as of Friday, June 14, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Specialty Retail industry currently sits down 0.17 versus the S&P 500, which is down 0.25.

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 $0.30 (-0.6%) to $51.26 on average volume Thus far, 33,730 shares of Luxottica Group exchanged hands as compared to its average daily volume of 70,900 shares. The stock has ranged in price between $50.50-$51.30 after having opened the day at $50.82 as compared to the previous trading day's close of $51.56.

Luxottica Group S.p.A., together with its subsidiaries, provides 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 $24.2 billion and is part of the services sector. The company has a P/E ratio of 44.3, above the S&P 500 P/E ratio of 17.7. Shares are up 24.7% year to date as of the close of trading on Thursday. 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 impressive record of earnings per share growth, revenue growth, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Luxottica Group Ratings Report now.

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