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 Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day up 1.1%. By the end of trading, Pitney Bowes fell $0.21 (-1.2%) to $17.19 on light volume. Throughout the day, 2,056,644 shares of Pitney Bowes exchanged hands as compared to its average daily volume of 5,131,600 shares. The stock ranged in price between $17.09-$17.55 after having opened the day at $17.48 as compared to the previous trading day's close of $17.40. Other companies within the Consumer Durables industry that declined today were:
), down 11.1%,
), down 6.7%,
), down 4.2% and
), down 3.2%.
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Pitney Bowes Inc. provides software, hardware, and services to enable physical and digital communications in the United States and internationally. Pitney Bowes has a market cap of $3.6 billion and is part of the consumer goods sector. Shares are up 63.5% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Pitney Bowes a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and generally higher debt management risk.
- You can view the full Pitney Bowes Ratings Report.
On the positive front,
), up 8.2%,
), up 6.0%,
), up 5.8% and
), up 4.8% , were all gainers within the consumer durables industry with
) being today's featured consumer durables industry leader.
- 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
) while those bearish on the consumer durables industry could consider
- Find other investment ideas from our top rated ETFs lists.