Zagg Inc. (ZAGG): Today's Featured Specialty Retail Loser

Zagg (ZAGG) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail loser. The industry as a whole closed the day up 1.4%. By the end of trading, Zagg fell 24 cents (-2.2%) to $10.49 on light volume. Throughout the day, 666,721 shares of Zagg exchanged hands as compared to its average daily volume of 971,700 shares. The stock ranged in price between $10.40-$10.87 after having opened the day at $10.78 as compared to the previous trading day's close of $10.73. Other company's within the Specialty Retail industry that declined today were: Charles & Colvard (CTHR), down 3.9%, America's Car-Mart (CRMT), down 3.3%, Books-A-Million (BAMM), down 2.8%, and Bluefly (BFLY), down 2.7%.

ZAGG Inc, together with its subsidiaries, designs, manufactures, and distributes protective coverings, audio accessories, and power solutions for consumer electronics and hand-held devices primarily in the United States and Europe. Zagg has a market cap of $340.3 million and is part of the services sector. The company has a P/E ratio of 17, above the average specialty retail industry P/E ratio of 16.8 and below the S&P 500 P/E ratio of 17.7. Shares are up 50.9% year to date as of the close of trading on Monday. Currently there are four analysts that rate Zagg a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Zagg as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

• You can view the full Zagg Ratings Report.

On the positive front, Birks & Mayors (BMJ), up 12.4%, MarineMax (HZO), up 5.8%, Mecox Lane (MCOX), up 5.5%, and West Marine (WMAR), up 4.8%, were all gainers within the specialty retail industry with Dick's Sporting Goods (DKS) being today's featured specialty retail industry winner.

• Use our specialty retail section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, 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).

• Find other investment ideas from our top rated ETFs lists.

For more information on Zagg Inc. click any of the following:

• Zagg Inc. Stock Price

• Zagg Inc. Analyst Ratings

• Zagg Inc. Key Stats & Profile

• Zagg Inc. Earnings

• Zagg Inc. Ratio Comparison

• Zagg Inc. Growth Rates

• Zagg Inc. Balance Sheet

• Zagg Inc. Cash Flow

• Zagg Inc. Income Statement