Foot Locker Inc (FL): Today's Featured Consumer Non-Durables Laggard - TheStreet

Foot Locker

(

FL

) 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 up 0.1%. By the end of trading, Foot Locker fell $0.67 (-1.9%) to $33.90 on average volume. Throughout the day, 3,451,392 shares of Foot Locker exchanged hands as compared to its average daily volume of 2,612,600 shares. The stock ranged in price between $33.53-$34.90 after having opened the day at $34.90 as compared to the previous trading day's close of $34.57. Other companies within the Consumer Non-Durables industry that declined today were:

Verso Paper

(

VRS

), down 7.0%,

UniFirst Corporation

(

UNF

), down 5.7%,

Orient Paper

(

ONP

), down 5.0% and

Mannatech

(

MTEX

), down 4.5%.

Foot Locker, Inc., together with its subsidiaries, operates as a retailer of athletic footwear and apparel. The company operates in two segments, Athletic Stores and Direct-to-Customers. Foot Locker has a market cap of $5.4 billion and is part of the consumer goods sector. The company has a P/E ratio of 13.0, below the S&P 500 P/E ratio of 17.7. Shares are up 7.0% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Foot Locker a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

Foot Locker

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front,

Tumi Holdings

(

TUMI

), up 3.5%,

Quiksilver

(

ZQK

), up 3.3%,

Coldwater Creek

(

CWTR

), up 3.1% and

CTI Industries Corporation

(

CTIB

), up 2.9% , were all gainers within the consumer non-durables industry with

Kimberly-Clark Corporation

(

KMB

) being today's featured consumer non-durables industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider

Consumer Staples Select Sector SPDR

(

XLP

) while those bearish on the consumer non-durables industry could consider

ProShares Ultra Sht Consumer Goods

(

SZK

).

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

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