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 0.9%. By the end of trading, PACCAR fell $1.45 (-2.5%) to $56.00 on heavy volume. Throughout the day, 3,457,634 shares of PACCAR exchanged hands as compared to its average daily volume of 1,325,000 shares. The stock ranged in price between $55.12-$57.00 after having opened the day at $55.34 as compared to the previous trading day's close of $57.45. Other companies within the Consumer Goods sector that declined today were: Tandy Brands Accessories ( TBAC), down 51.7%, Mattel ( MAT), down 12.0%, S&W Seed Company ( SANW), down 10.5% and Johnson Outdoors ( JOUT), down 9.4%.

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 $20.0 billion and is part of the automotive industry. The company has a P/E ratio of 18.4, above the S&P 500 P/E ratio of 17.7. Shares are down 4.4% year to date as of the close of trading on Thursday. 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, Domtar ( UFS), up 11.5%, Modine Manufacturing Company ( MOD), up 10.6%, Tyson Foods ( TSN), up 8.4% and PH Glatfelter Company ( GLT), up 7.2% , were all gainers within the consumer goods sector with Fifth & Pacific Companies ( FNP) 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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