PACCAR Inc (PCAR): Today's Featured Consumer Goods 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.

PACCAR ( PCAR) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.1%. By the end of trading, PACCAR fell $0.77 (-1.4%) to $55.53 on average volume. Throughout the day, 1,580,792 shares of PACCAR exchanged hands as compared to its average daily volume of 1,363,500 shares. The stock ranged in price between $55.01-$56.36 after having opened the day at $55.74 as compared to the previous trading day's close of $56.30. Other companies within the Consumer Goods sector that declined today were: Crumbs Bake Shop ( CRMB), down 11.1%, Tandy Brands Accessories ( TBAC), down 8.5%, Mannatech ( MTEX), down 7.9% and Swisher Hygiene ( SWSH), down 6.8%.

PACCAR Inc, together with its subsidiaries, designs, manufactures, and distributes light, medium, and heavy-duty trucks and related aftermarket parts worldwide. PACCAR has a market cap of $20.2 billion and is part of the automotive industry. The company has a P/E ratio of 18.6, above the S&P 500 P/E ratio of 17.7. Shares are up 26.4% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate PACCAR a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates PACCAR 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, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, G-III Apparel Group ( GIII), up 13.3%, SGOCO Group ( SGOC), up 9.9%, Quantum Fuel Systems Technologies Worldwide ( QTWW), up 7.6% and Tianli Agritech ( OINK), up 6.4% , were all gainers within the consumer goods sector with Campbell Soup ( CPB) being today's featured consumer goods sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector 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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