Sony Corporation (SNE): Today's Featured Consumer Durables Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Sony Corporation ( SNE) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Sony Corporation fell $0.52 (-2.8%) to $17.89 on average volume. Throughout the day, 2,945,524 shares of Sony Corporation exchanged hands as compared to its average daily volume of 2,920,500 shares. The stock ranged in price between $17.75-$18.03 after having opened the day at $18.03 as compared to the previous trading day's close of $18.41. Other companies within the Consumer Durables industry that declined today were: Marine Products Corporation ( MPX), down 5.0%, Mattress Firm ( MFRM), down 4.8%, Emerson Radio ( MSN), down 4.6% and Elecsys Corporation ( ESYS), down 4.0%.

Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. Sony Corporation has a market cap of $19.3 billion and is part of the consumer goods sector. The company has a P/E ratio of 5.3, below the S&P 500 P/E ratio of 17.7. Shares are up 66.1% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Sony Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Sony Corporation as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the positive front, SGOCO Group ( SGOC), up 9.9%, VeriFone Systems ( PAY), up 3.2%, Eastman Kodak Company ( KODK), up 2.9% and Leapfrog ( LF), up 2.6% , were all gainers within the consumer durables industry with Harman International Industries ( HAR) being today's featured consumer durables industry leader.

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).

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

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