HIBB, PHG And BID, Pushing Specialty Retail Industry Downward

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 67 points (0.4%) at 16,436 as of Friday, Aug. 8, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,992 issues advancing vs. 961 declining with 169 unchanged.

The Specialty Retail industry currently sits up 0.3% versus the S&P 500, which is up 0.4%. On the negative front, top decliners within the industry include Netflix ( NFLX), down 1.2%, and Cencosud ( CNCO), down 1.2%. A company within the industry that increased today was Genuine Parts ( GPC), up 1.2%.

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

3. Hibbett Sports ( HIBB) is one of the companies pushing the Specialty Retail industry lower today. As of noon trading, Hibbett Sports is down $4.24 (-8.5%) to $45.83 on heavy volume. Thus far, 726,663 shares of Hibbett Sports exchanged hands as compared to its average daily volume of 319,700 shares. The stock has ranged in price between $43.51-$46.05 after having opened the day at $43.80 as compared to the previous trading day's close of $50.07.

Hibbett Sports, Inc. operates sporting goods stores in small and mid-sized markets primarily in the south, Southwest, Mid-Atlantic, and the Midwest regions of the United States. Hibbett Sports has a market cap of $1.3 billion and is part of the services sector. Shares are down 24.5% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts that rate Hibbett Sports a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Hibbett Sports as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Hibbett Sports 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, Royal Philips ( PHG) is down $0.28 (-0.9%) to $29.66 on average volume. Thus far, 413,241 shares of Royal Philips exchanged hands as compared to its average daily volume of 724,800 shares. The stock has ranged in price between $29.58-$29.80 after having opened the day at $29.73 as compared to the previous trading day's close of $29.94.

Koninklijke Philips N.V. is engaged in healthcare, consumer lifestyle, and lighting businesses worldwide. Royal Philips has a market cap of $28.1 billion and is part of the consumer goods sector. Shares are down 19.0% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst that rates Royal Philips a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Royal Philips as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Royal Philips 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, Sothebys ( BID) is down $3.72 (-9.1%) to $36.97 on heavy volume. Thus far, 2.7 million shares of Sothebys exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $35.68-$38.30 after having opened the day at $37.72 as compared to the previous trading day's close of $40.69.

Sotheby's operates as an auctioneer of authenticated fine art, decorative art, and jewelry. The company operates in three segments: Agency, Principal, and Finance. Sothebys has a market cap of $2.8 billion and is part of the services sector. Shares are down 23.5% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts that rate Sothebys a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Sothebys as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. Get the full Sothebys 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 specialty retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the specialty retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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