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.
) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole closed the day down 1.1%. By the end of trading, Coach fell $0.87 (-1.8%) to $47.93 on average volume. Throughout the day, 5,701,193 shares of Coach exchanged hands as compared to its average daily volume of 4,034,800 shares. The stock ranged in price between $47.78-$49.25 after having opened the day at $48.69 as compared to the previous trading day's close of $48.80. Other companies within the Consumer Non-Durables industry that declined today were:
), down 15.7%,
), down 8.1%,
), down 7.3% and
), down 6.4%.
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Coach, Inc. designs and markets bags, accessories, business cases, footwear, wearables, jewelry, sunwear, travel bags, watches, and fragrances for women and men in the United States and internationally. Coach has a market cap of $13.5 billion and is part of the consumer goods sector. The company has a P/E ratio of 14.1, below the S&P 500 P/E ratio of 17.7. Shares are down 13.1% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Coach a buy, no analysts rate it a sell, and 15 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Coach Ratings Report.
On the positive front,
), up 8.7%,
), up 5.9%,
), up 4.8% and
), up 4.6% , were all gainers within the consumer non-durables industry with
) being today's featured consumer non-durables industry leader.
- Use our consumer non-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 non-durables industry could consider
) while those bearish on the consumer non-durables industry could consider
- Find other investment ideas from our top rated ETFs lists.