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Summer Infant Inc. (SUMR): Today's Featured Consumer Non-Durables Loser

The consumer non-durables industry closed the day up 2.1%. Ocean Bio-Chem Inc ( OBCI), Tandy Brands Accessories ( TBAC), Tandy Leather Factory Inc ( TLF), and Mannatech Inc ( MTEX) were all decliners today within the consumer non-durables industry with Summer Infant Inc ( SUMR) being today's featured consumer non-durables loser. Summer Infant Inc fell 25 cents (-3.7%) to $6.93 on light volume. Throughout the day, 29,484 shares of Summer Infant Inc exchanged hands as compared to its average daily volume of 80,400 shares.

Summer Infant, Inc., through its subsidiaries, engages in the design, marketing, and distribution of branded juvenile health, safety, and wellness products to retailers primarily in North America and the United Kingdom. Summer Infant Inc has a market cap of $110.1 million and is part of the consumer goods sector. The company has a P/E ratio of 27.3, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 17.2% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Summer Infant as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations 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, deteriorating net income and disappointing return on equity.

On the positive front, American Apparel Inc ( APP), SodaStream International ( SODA), China Xiniya Fashion ( XNY), and True Religion Apparel Inc ( TRLG) were all gainers within the consumer non-durables industry with Coach Inc ( COH) being today's featured consumer non-durables industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider Consumer Staples Select Sector SPDR ( XLP) while those bearish on the consumer non-durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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