industry closed the day down 3%.
) were all decliners today within the specialty retail industry with
) being today's featured specialty retail loser. Staples Inc fell 41 cents (-3%) to $13.35 on light volume. Throughout the day, 5.8 million shares of Staples Inc exchanged hands as compared to its average daily volume of 12.8 million shares.
Staples, Inc., together with its subsidiaries, operates as an office products company. The company sells various office supplies and services, business machines and related products, computers and related products, and office furniture. Staples Inc has a market cap of $9.7 billion and is part of the
sector. The company has a P/E ratio of 10.6, equal to the average specialty retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 39.6% year to date as of the close of trading on Thursday.
TheStreet Ratings rates Staples as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself.
- You can view the full Staples Ratings Report.
On the positive front,
) were all gainers within the specialty retail industry with
) being today's featured specialty retail industry winner.
- Use our specialty retail 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 specialty retail industry could consider
) while those bearish on the specialty retail industry could consider
- Find other investment ideas from our top rated ETFs lists.