Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

The Consumer Durables industry as a whole closed the day down 0.5% versus the S&P 500, which was down 1.8%. Laggards within the Consumer Durables industry included

Koss

(

KOSS

), down 3.0%,

Cobra Electronics

(

COBR

), down 2.7%,

SGOCO Group

(

SGOC

), down 1.6%,

Stanley Furniture

(

STLY

), down 1.5% and

Elecsys

(

ESYS

), down 10.9%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

Fabrinet

(

FN

) is one of the companies that pushed the Consumer Durables industry lower today. Fabrinet was down $0.35 (1.9%) to $18.59 on light volume. Throughout the day, 85,283 shares of Fabrinet exchanged hands as compared to its average daily volume of 302,100 shares. The stock ranged in price between $18.28-$18.86 after having opened the day at $18.72 as compared to the previous trading day's close of $18.94.

Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers (OEMs) of optical communication components, modules and sub-systems, and industrial lasers and sensors. Fabrinet has a market cap of $661.4 million and is part of the consumer goods sector. Shares are down 7.9% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate Fabrinet a buy, no analysts rate it a sell, and 2 rate it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates

Fabrinet

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

Highlights from TheStreet Ratings analysis on FN go as follows:

  • Powered by its strong earnings growth of 118.03% and other important driving factors, this stock has surged by 33.44% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, FN should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • FABRINET reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. During the past fiscal year, FABRINET turned its bottom line around by earning $1.98 versus -$1.65 in the prior year.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Electronic Equipment, Instruments & Components industry. The net income increased by 125.6% when compared to the same quarter one year prior, rising from $21.13 million to $47.66 million.
  • Despite its growing revenue, the company underperformed as compared with the industry average of 8.6%. Since the same quarter one year prior, revenues slightly increased by 7.8%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • FN's debt-to-equity ratio is very low at 0.05 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 2.59, which clearly demonstrates the ability to cover short-term cash needs.

You can view the full analysis from the report here:

Fabrinet Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

At the close,

Stanley Furniture

(

STLY

) was down $0.04 (1.5%) to $2.60 on light volume. Throughout the day, 9,371 shares of Stanley Furniture exchanged hands as compared to its average daily volume of 46,000 shares. The stock ranged in price between $2.55-$2.64 after having opened the day at $2.63 as compared to the previous trading day's close of $2.64.

Stanley Furniture Company, Inc. designs, manufactures, and imports wood furniture for the residential market in the United States. Stanley Furniture has a market cap of $38.9 million and is part of the consumer goods sector. Shares are down 31.2% year-to-date as of the close of trading on Wednesday. Currently there are no analysts who rate Stanley Furniture a buy, no analysts rate it a sell, and 1 rates it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates

Stanley Furniture

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.

Highlights from TheStreet Ratings analysis on STLY go as follows:

  • STANLEY FURNITURE CO INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. Earnings per share have declined over the last two years. We anticipate that this should continue in the coming year. During the past fiscal year, STANLEY FURNITURE CO INC swung to a loss, reporting -$0.89 versus $2.09 in the prior year. For the next year, the market is expecting a contraction of 98.9% in earnings (-$1.77 versus -$0.89).
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Household Durables industry. The net income has significantly decreased by 440.1% when compared to the same quarter one year ago, falling from -$3.53 million to -$19.06 million.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Household Durables industry and the overall market, STANLEY FURNITURE CO INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • Net operating cash flow has significantly decreased to -$6.29 million or 67.28% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 28.22%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 440.00% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.

You can view the full analysis from the report here:

Stanley Furniture Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Cobra Electronics

(

COBR

) was another company that pushed the Consumer Durables industry lower today. Cobra Electronics was down $0.11 (2.7%) to $4.00 on light volume. Throughout the day, 1,341 shares of Cobra Electronics exchanged hands as compared to its average daily volume of 8,500 shares. The stock ranged in price between $4.00-$4.06 after having opened the day at $4.06 as compared to the previous trading day's close of $4.11.

Cobra Electronics Corporation designs and markets consumer electronics products in the United States, Canada, and Europe. Cobra Electronics has a market cap of $27.3 million and is part of the consumer goods sector. Shares are up 36.1% year-to-date as of the close of trading on Wednesday.

TheStreet Ratings rates

Cobra Electronics

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Highlights from TheStreet Ratings analysis on COBR go as follows:

  • COBR's revenue growth has slightly outpaced the industry average of 11.0%. Since the same quarter one year prior, revenues rose by 12.1%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Household Durables industry. The net income increased by 104.5% when compared to the same quarter one year prior, rising from -$1.94 million to $0.09 million.
  • The current debt-to-equity ratio, 0.49, is low and is below the industry average, implying that there has been successful management of debt levels. Despite the fact that COBR's debt-to-equity ratio is low, the quick ratio, which is currently 0.61, displays a potential problem in covering short-term cash needs.
  • Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. Compared to other companies in the Household Durables industry and the overall market, COBRA ELECTRONICS CORP's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for COBRA ELECTRONICS CORP is currently lower than what is desirable, coming in at 28.28%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 0.30% trails that of the industry average.

You can view the full analysis from the report here:

Cobra Electronics Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.