) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole closed the day up 2.2%. By the end of trading, VeriFone Systems rose $1.98 (6.4%) to $33.09 on average volume. Throughout the day, 2.7 million shares of VeriFone Systems exchanged hands as compared to its average daily volume of 3.6 million shares. The stock ranged in a price between $32.01-$33.39 after having opened the day at $32.32 as compared to the previous trading day's close of $31.11. Other companies within the Consumer Durables industry that increased today were:
), up 8.9%,
), up 8.7%,
), up 7.8%, and
), up 7.6%.
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Verifone Systems, Inc. designs, markets, and services electronic payment solutions in North America and internationally. VeriFone Systems has a market cap of $3.37 billion and is part of the
sector. The company has a P/E ratio of 13.6, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 12.1% year to date as of the close of trading on Thursday. Currently there are eight analysts that rate VeriFone Systems a buy, one analyst rates it a sell, and three rate it a hold.
TheStreet Ratings rates VeriFone Systems as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow.
- You can view the full VeriFone Systems Ratings Report.
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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.