Toyota Motor Corp (TM): Today's Featured Automotive 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.

Toyota Motor ( TM) pushed the Automotive industry lower today making it today's featured Automotive laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Toyota Motor fell $1.51 (-1.2%) to $121.60 on average volume. Throughout the day, 456,656 shares of Toyota Motor exchanged hands as compared to its average daily volume of 358,000 shares. The stock ranged in price between $121.26-$122.42 after having opened the day at $122.30 as compared to the previous trading day's close of $123.11. Other companies within the Automotive industry that declined today were: Quantum Fuel Systems Technologies Worldwide ( QTWW), down 4.6%, Fox Factory ( FOXF), down 2.4%, Tata Motors ( TTM), down 1.8% and SORL Auto Parts ( SORL), down 1.8%.

Toyota Motor Corporation engages in the design, manufacture, assembly, and sale of passenger cars, minivans, commercial vehicles, and related parts and accessories primarily in Japan, North America, Europe, and Asia. It operates through Automotive, Financial Services, and All Other segments. Toyota Motor has a market cap of $195.9 billion and is part of the consumer goods sector. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7. Shares are up 32.0% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate Toyota Motor a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Toyota Motor 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, compelling growth in net income, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Icahn ( IEP), up 4.0%, Motorcar Parts of America ( MPAA), up 3.4%, Gentherm ( THRM), up 2.8% and Dorman Products ( DORM), up 2.7% , were all gainers within the automotive industry with Harley-Davidson ( HOG) being today's featured automotive industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the automotive 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.

null

More from Markets

Tesla Slumps After Mary McCormack Tweets Husband's Flaming Model S

Tesla Slumps After Mary McCormack Tweets Husband's Flaming Model S

Stocks Dive Globally as U.S.-China Trade War Intensifies

Stocks Dive Globally as U.S.-China Trade War Intensifies

China Trade War, Google, JD.com, Tesla, Brooks Koepka - 5 Things You Must Know

China Trade War, Google, JD.com, Tesla, Brooks Koepka - 5 Things You Must Know

Google Invests $550 Million in JD.com and 4 Other Stories to Watch Monday

Google Invests $550 Million in JD.com and 4 Other Stories to Watch Monday

Global Oil Prices Mixed as OPEC Production Talks, China Tariffs Weigh on Markets

Global Oil Prices Mixed as OPEC Production Talks, China Tariffs Weigh on Markets