5 Stocks Pulling The Industrial 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 Industrial industry currently sits down 0.32 versus the S&P 500, which is down 0.17. A company within the industry that fell today was Nidec Corporation ( NJ), up 2.04. A company within the industry that increased today was ABB ( ABB), up 0.53.

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

5. Royal Philips ( PHG) is one of the companies pushing the Industrial industry lower today. As of noon trading, Royal Philips is down $0.22 (-0.8%) to $28.97 on light volume Thus far, 218,234 shares of Royal Philips exchanged hands as compared to its average daily volume of 807,100 shares. The stock has ranged in price between $28.91-$29.17 after having opened the day at $29.13 as compared to the previous trading day's close of $29.19.

Koninklijke Philips N.V. engages in the healthcare, lighting, and consumer lifestyle businesses worldwide. Royal Philips has a market cap of $26.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 78.3, above the S&P 500 P/E ratio of 17.7. Shares are up 10.0% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Royal Philips a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Royal Philips as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and weak operating cash flow. Get the full Royal Philips Ratings Report now.

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