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
) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole closed the day down 0.4%. By the end of trading, Coach rose $3.98 (7.3%) to $58.15 on heavy volume. Throughout the day, 16.3 million shares of Coach exchanged hands as compared to its average daily volume of 5.6 million shares. The stock ranged in a price between $55.99-$59.77 after having opened the day at $58.08 as compared to the previous trading day's close of $54.17. Other companies within the Consumer Non-Durables industry that increased today were:
), up 22.2%,
), up 11.2%,
), up 7.2%, and
), up 5.3%.
- ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.
Coach, Inc. engages in the design, marketing, and distribution of handbags, accessories, wearables, footwear, jewelry, sunwear, travel bags, watches, and fragrances for women and men in the United States and internationally. Coach has a market cap of $15.9 billion and is part of the consumer goods sector. The company has a P/E ratio of 15.9, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 11.3% year to date as of the close of trading on Monday. Currently there are 16 analysts that rate Coach a buy, no analysts rate it a sell, and eight rate it a hold.
TheStreet Ratings rates Coach 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, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Coach Ratings Report.
On the negative front,
), down 7%,
), down 6.7%,
), down 5.4%, and
), down 4.9%, were all laggards within the consumer non-durables industry with
) being today's consumer non-durables industry laggard.
- 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.
FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge!
Free download now