Fossil Group Inc (FOSL): Today's Featured Consumer Durables Winner
(
) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole closed the day up 0.8%. By the end of trading, Fossil Group rose $2.31 (2.2%) to $109.07 on average volume. Throughout the day, 571,241 shares of Fossil Group exchanged hands as compared to its average daily volume of 747,000 shares. The stock ranged in a price between $107.59-$109.27 after having opened the day at $107.93 as compared to the previous trading day's close of $106.76. Other companies within the Consumer Durables industry that increased today were:
Appliance Recycling Centers Of America
(
), up 4.2%,
(
), up 4.0%,
(
), up 3.6% and
(
), up 2.9%.
Fossil Group, Inc., together with its subsidiaries, engages in the design, development, marketing, and distribution of consumer fashion accessories worldwide. It operates in four segments: North America Wholesale, Europe Wholesale, Asia Pacific Wholesale, and Direct to Consumer. Fossil Group has a market cap of $6.3 billion and is part of the consumer goods sector. Shares are up 12.9% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Fossil Group a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Fossil Group
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, notable return on equity, solid stock price performance and impressive record of earnings per share growth. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Fossil Group Ratings Report.
On the negative front,
Virco Manufacturing Corporation
(
), down 3.0%,
(
), down 2.8%,
(
), down 2.4% and
(
), down 1.8%.
- 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
(
) while those bearish on the consumer durables industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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