3 Consumer Goods Stocks Dragging The Sector Down

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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 16,415 as of Thursday, April 17, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,581 issues advancing vs. 1,369 declining with 186 unchanged.

The Consumer Goods sector currently sits down 0.1% versus the S&P 500, which is unchanged. A company within the sector that fell today was Royal Philips ( PHG), up 1.8%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. Honda Motor ( HMC) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Honda Motor is down $0.46 (-1.3%) to $34.10 on average volume. Thus far, 376,374 shares of Honda Motor exchanged hands as compared to its average daily volume of 787,500 shares. The stock has ranged in price between $33.95-$34.12 after having opened the day at $34.00 as compared to the previous trading day's close of $34.56.

Honda Motor Co., Ltd. engages in the manufacture and sale of motorcycles, automobiles, and power products. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. Honda Motor has a market cap of $61.4 billion and is part of the automotive industry. Shares are down 16.4% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Honda Motor a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Honda Motor as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and poor profit margins. Get the full Honda Motor 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, Toyota Motor ( TM) is down $0.66 (-0.6%) to $107.81 on light volume. Thus far, 183,880 shares of Toyota Motor exchanged hands as compared to its average daily volume of 492,600 shares. The stock has ranged in price between $107.69-$108.62 after having opened the day at $108.54 as compared to the previous trading day's close of $108.47.

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 $169.3 billion and is part of the automotive industry. Shares are down 11.0% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that rates 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 revenue growth, 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 has had generally high debt management risk by most measures that we evaluated. Get the full Toyota Motor 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, Philip Morris International ( PM) is down $2.24 (-2.6%) to $82.55 on average volume. Thus far, 3.7 million shares of Philip Morris International exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $82.12-$84.05 after having opened the day at $83.62 as compared to the previous trading day's close of $84.79.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes and other tobacco products. The company's portfolio of brands include Marlboro, Merit, Parliament, Virginia Slims, L&M, Chesterfield, Bond Street, Lark, Muratti, Next, Philip Morris, and Red & White. Philip Morris International has a market cap of $133.4 billion and is part of the tobacco industry. Shares are down 2.7% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Philip Morris International a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Philip Morris International as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and deteriorating net income. Get the full Philip Morris International 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 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).

null

More from Markets

Dow Tumbles as Trump Calls Off North Korea Summit

Dow Tumbles as Trump Calls Off North Korea Summit

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?

Stocks Could Easily Crater Into Memorial Day Weekend

Stocks Could Easily Crater Into Memorial Day Weekend

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio

Celgene Shares Rise on Plans to Increase Stock Buybacks

Celgene Shares Rise on Plans to Increase Stock Buybacks