Fossil Inc. (FOSL): Today's Featured Consumer Durables Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Fossil (FOSL) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole closed the day up 0.5%. By the end of trading, Fossil rose $2.59 (3%) to $89.31 on average volume. Throughout the day, 825,520 shares of Fossil exchanged hands as compared to its average daily volume of 897,900 shares. The stock ranged in a price between $86.12-$89.49 after having opened the day at $87.03 as compared to the previous trading day's close of $86.72. Other companies within the Consumer Durables industry that increased today were: Industrie Natuzzi (NTZ), up 9.9%, Movado Group (MOV), up 8.7%, Kid Brands (KID), up 5.5%, and Hooker Furniture Corporation (HOFT), up 4.9%.

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Fossil, Inc. designs, develops, markets, and distributes consumer fashion accessories worldwide. Fossil has a market cap of $5.17 billion and is part of the consumer goods sector. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are up 8.6% year to date as of the close of trading on Wednesday. Currently there are six analysts that rate Fossil a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Fossil 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, notable return on equity, reasonable valuation levels and expanding profit margins. 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 Fossil Ratings Report.

• Use our consumer durables 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 consumer durables industry could consider Consumer Discretionary Sel Sec SPDR (XLY) while those bearish on the consumer durables industry could consider ProShares Ultra Sht Consumer Goods (SZK).

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

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For more information on Fossil Group Inc click any of the following:

• Fossil Group Inc Stock Price

• Fossil Group Inc Analyst Ratings

• Fossil Group Inc Key Stats & Profile

• Fossil Group Inc Earnings

• Fossil Group Inc Ratio Comparison

• Fossil Group Inc Growth Rates

• Fossil Group Inc Balance Sheet

• Fossil Group Inc Cash Flow

• Fossil Group Inc Income Statement