Koninklijke Philips Electronics NV (PHG): Today's Featured Consumer Durables Loser

The consumer durables industry closed the day down 1.5%. Fabrinet ( FN), Steelcase Inc ( SCS), Knoll Inc ( KNL), and Movado Group Inc ( MOV) were all decliners today within the consumer durables industry with Koninklijke Philips Electronics ( PHG) being today's featured consumer durables loser. Koninklijke Philips Electronics fell 78 cents (-3.6%) to $20.72 on heavy volume. Throughout the day, 4.2 million shares of Koninklijke Philips Electronics exchanged hands as compared to its average daily volume of two million shares.

Koninklijke Philips Electronics N.V. engages in the healthcare, consumer lifestyle, and lighting product businesses worldwide. Koninklijke Philips Electronics has a market cap of $20 billion and is part of the consumer goods sector. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7. Shares are down 30% year to date as of the close of trading on Monday.

TheStreet Ratings rates Koninklijke Philips as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the positive front, Cybex International Inc ( CYBI), Virco Manufacturing Corporation ( VIRC), Elecsys Corporation ( ESYS), and SGOCO Group ( SGOC) were all gainers within the consumer durables industry with Lennox International Inc ( LII) being today's featured consumer durables industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the consumer durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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