Zagg Inc. (ZAGG): Today's Featured Specialty Retail Loser

The specialty retail industry closed the day up 2.2%. Vitamin Shoppe Inc ( VSI), Birks & Mayors Inc ( BMJ), DGSE Companies Inc ( DGSE), and Barnes & Noble Inc ( BKS) were all decliners today within the specialty retail industry with Zagg Inc ( ZAGG) being today's featured specialty retail loser. Zagg Inc fell 16 cents (-1.2%) to $12.72 on light volume. Throughout the day, 848,895 shares of Zagg Inc exchanged hands as compared to its average daily volume of 1.5 million shares.

ZAGG Incorporated designs, manufactures, and distributes protective coverings, audio accessories, and power solutions for consumer electronic and hand-held devices, under the invisibleSHIELD, ZAGGaudio, and ZAGGskins brand names, primarily in the United States and Europe. Zagg Inc has a market cap of $358 million and is part of the services sector. The company has a P/E ratio of 23, below the average specialty retail industry P/E ratio of 23.4 and above the S&P 500 P/E ratio of 17.7. Shares are up 69% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Zagg as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

On the positive front, Lentuo International Inc ( LAS), Zale Corporation ( ZLC), Mecox Lane ( MCOX), and iParty Corporation ( IPT) were all gainers within the specialty retail industry with Netflix Inc ( NFLX) being today's featured specialty retail industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the specialty retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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