5 Stocks Pushing The Chemicals Industry Downward

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 20 points (-0.1%) at 15,298 as of Wednesday, June 19, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Chemicals industry currently is unchanged today versus the S&P 500, which is down 0.17. On the negative front, top decliners within the industry include Valhi ( VHI), down 2.56, and Sociedad Quimica Y Minera De Chile ( SQM), down 0.82. A company within the industry that increased today was LyondellBasell Industries ( LYB), up 0.46.

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

5. Valspar Corporation ( VAL) is one of the companies pushing the Chemicals industry lower today. As of noon trading, Valspar Corporation is down $0.78 (-1.1%) to $68.74 on light volume Thus far, 117,793 shares of Valspar Corporation exchanged hands as compared to its average daily volume of 543,200 shares. The stock has ranged in price between $68.70-$69.44 after having opened the day at $69.33 as compared to the previous trading day's close of $69.52.

The Valspar Corporation manufactures and distributes various coatings, paints, and related products worldwide. The company operates in two segments, Coatings and Paints. Valspar Corporation has a market cap of $6.1 billion and is part of the basic materials sector. The company has a P/E ratio of 21.9, above the S&P 500 P/E ratio of 17.7. Shares are up 11.4% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Valspar Corporation a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Valspar Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, notable return on equity, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Valspar Corporation Ratings Report now.

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