3 Stocks Underperforming Today In The Consumer Goods Sector
Two out of the three major indices are trading lower today with the
Dow Jones Industrial Average
(
^DJI
) trading down 6 points (0.0%) at 17,753 as of Wednesday, Nov. 11, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,244 issues advancing vs. 1,682 declining with 165 unchanged.
The Consumer Goods sector currently sits down 0.4% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include
(
), down 4.6%,
(
), down 3.4% and
(
), down 1.9%.
TheStreet would like to highlight 3 stocks pushing the sector lower today:
3.
(
) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Keurig Green Mountain is down $3.14 (-6.3%) to $46.90 on heavy volume. Thus far, 3.0 million shares of Keurig Green Mountain exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $46.06-$48.85 after having opened the day at $48.52 as compared to the previous trading day's close of $50.04.
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Keurig Green Mountain, Inc. produces and sells specialty coffee, coffeemakers, teas, and other beverages in the United States and Canada. Keurig Green Mountain has a market cap of $8.1 billion and is part of the food & beverage industry. Shares are down 62.2% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Keurig Green Mountain a buy, 1 analyst rates it a sell, and 13 rate it a hold.
TheStreet Ratings rates
Keurig Green Mountain
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and feeble growth in the company's earnings per share. Get the full
Keurig Green Mountain Ratings Report
now.
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2. As of noon trading,
(
) is down $1.71 (-2.5%) to $66.19 on average volume. Thus far, 1.2 million shares of VF exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $66.13-$67.68 after having opened the day at $67.24 as compared to the previous trading day's close of $67.90.
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V.F. Corporation designs, manufactures, markets, and distributes branded lifestyle apparel, footwear, and accessories in the United States and Europe. VF has a market cap of $28.7 billion and is part of the consumer non-durables industry. Shares are down 9.3% year-to-date as of the close of trading on Tuesday. Currently there are 19 analysts that rate VF a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
VF
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, increase in stock price during the past year, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full
now.
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1. As of noon trading,
(
) is down $1.75 (-4.1%) to $41.35 on light volume. Thus far, 1.1 million shares of Michael Kors Holdings exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $41.29-$42.99 after having opened the day at $42.98 as compared to the previous trading day's close of $43.10.
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Michael Kors Holdings Limited engages in the design, marketing, distribution, and retailing of branded women's apparel and accessories, and men's apparel. The company operates in three segments: Retail, Wholesale, and Licensing. Michael Kors Holdings has a market cap of $7.9 billion and is part of the consumer non-durables industry. Shares are down 42.6% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Michael Kors Holdings a buy, 1 analyst rates it a sell, and 15 rate it a hold.
TheStreet Ratings rates
Michael Kors Holdings
as a
. 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 and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and a generally disappointing performance in the stock itself. Get the full
Michael Kors Holdings Ratings Report
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider
iShares Dow Jones US Cons Goods
(
) while those bearish on the consumer goods sector could consider
ProShares Ultra Sht Consumer Goods
(
).