3 Stocks Pushing The Media Industry Lower

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 Media industry currently sits down 0.33 versus the S&P 500, which is down 0.17. A company within the industry that increased today was News Corporation ( NWSA), up 1.43.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. Gannett ( GCI) is one of the companies pushing the Media industry lower today. As of noon trading, Gannett is down $1.07 (-4.3%) to $23.89 on heavy volume Thus far, 3.0 million shares of Gannett exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $23.78-$25.18 after having opened the day at $25.07 as compared to the previous trading day's close of $24.96.

Gannett Co., Inc. operates as a media and marketing solutions company in the United States and internationally. It operates through three segments: Publishing, Digital, and Broadcasting. The Publishing Segment operates 82 U.S. Gannett has a market cap of $5.7 billion and is part of the services sector. The company has a P/E ratio of 12.8, below the S&P 500 P/E ratio of 17.7. Shares are up 38.6% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Gannett a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Gannett as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Gannett Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Directv ( DTV) is down $0.67 (-1.1%) to $62.91 on light volume Thus far, 1.1 million shares of Directv exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $62.84-$63.68 after having opened the day at $63.50 as compared to the previous trading day's close of $63.58.

DIRECTV provides digital television entertainment in the United States and Latin America. The company engages in acquiring, promoting, selling, and distributing digital entertainment programming primarily through satellite to residential and commercial subscribers. Directv has a market cap of $34.6 billion and is part of the services sector. The company has a P/E ratio of 13.1, below the S&P 500 P/E ratio of 17.7. Shares are up 26.8% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Directv a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Directv as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Directv Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Time Warner ( TWX) is down $0.24 (-0.4%) to $58.65 on light volume Thus far, 1.2 million shares of Time Warner exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $58.56-$59.18 after having opened the day at $58.99 as compared to the previous trading day's close of $58.89.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. The company operates in three segments: Networks, Film and TV Entertainment, and Publishing. Time Warner has a market cap of $54.0 billion and is part of the services sector. The company has a P/E ratio of 17.8, above the S&P 500 P/E ratio of 17.7. Shares are up 23.1% year to date as of the close of trading on Tuesday. Currently there are 18 analysts that rate Time Warner a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Time Warner as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Time Warner Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).

A reminder about TheStreet Ratings group: 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.
null