3 Stocks Underperforming Today In The Media Industry

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 lower today with the Dow Jones Industrial Average ( ^DJI) trading up 49 points (0.3%) at 16,411 as of Monday, April 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,415 issues advancing vs. 1,576 declining with 152 unchanged.

The Media industry currently sits down 1.2% versus the S&P 500, which is unchanged. A company within the industry that fell today was Omnicom Group ( OMC), up 1.8%.

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

3. Sirius XM Radio ( SIRI) is one of the companies pushing the Media industry lower today. As of noon trading, Sirius XM Radio is down $0.10 (-3.4%) to $3.02 on average volume. Thus far, 37.1 million shares of Sirius XM Radio exchanged hands as compared to its average daily volume of 69.2 million shares. The stock has ranged in price between $3.00-$3.12 after having opened the day at $3.11 as compared to the previous trading day's close of $3.12.

Sirius XM Holdings Inc. provides satellite radio services in the United States and Canada. Sirius XM Radio has a market cap of $19.4 billion and is part of the services sector. The company has a P/E ratio of 56.5, above the S&P 500 P/E ratio of 17.7. Shares are down 10.6% year-to-date as of the close of trading on Friday. Currently there are 7 analysts that rate Sirius XM Radio a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Sirius XM Radio as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and premium valuation. Get the full Sirius XM Radio 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, CBS ( CBS) is down $0.56 (-1.0%) to $57.49 on average volume. Thus far, 2.7 million shares of CBS exchanged hands as compared to its average daily volume of 6.6 million shares. The stock has ranged in price between $57.40-$58.71 after having opened the day at $58.62 as compared to the previous trading day's close of $58.05.

CBS Corporation operates as a mass media company in the United States and internationally. It operates in five segments: Entertainment, Cable Networks, Publishing, Local Broadcasting, and Outdoor Americas. CBS has a market cap of $31.3 billion and is part of the services sector. The company has a P/E ratio of 22.1, above the S&P 500 P/E ratio of 17.7. Shares are down 8.9% year-to-date as of the close of trading on Friday. Currently there are 17 analysts that rate CBS a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates CBS as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and reasonable valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full CBS 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, Netflix ( NFLX) is down $16.59 (-5.2%) to $305.49 on heavy volume. Thus far, 3.8 million shares of Netflix exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $301.81-$320.90 after having opened the day at $318.05 as compared to the previous trading day's close of $322.08.

Netflix, Inc. provides Internet television network service that enables subscribers to stream TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally. Netflix has a market cap of $20.6 billion and is part of the services sector. The company has a P/E ratio of 227.2, above the S&P 500 P/E ratio of 17.7. Shares are down 12.5% year-to-date as of the close of trading on Friday. Currently there are 13 analysts that rate Netflix a buy, 4 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Netflix as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Netflix 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 media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).

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