Fossil Inc. (FOSL): Today's Featured Consumer Durables Winner

Fossil ( FOSL) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole closed the day up 1.1%. By the end of trading, Fossil rose $2.97 (2.4%) to $129.05 on light volume. Throughout the day, 487,961 shares of Fossil exchanged hands as compared to its average daily volume of 1.4 million shares. The stock ranged in a price between $126.97-$129.48 after having opened the day at $127.38 as compared to the previous trading day's close of $126.08. Other companies within the Consumer Durables industry that increased today were: Ethan Allen Interiors ( ETH), up 11%, Diebold Incorporated ( DBD), up 5.8%, Leapfrog ( LF), up 5.4%, and American Woodmark Corporation ( AMWD), up 5%.

Fossil, Inc. designs, develops, markets, and distributes consumer fashion accessories worldwide. Fossil has a market cap of $7.76 billion and is part of the consumer goods sector. The company has a P/E ratio of 27.2, equal to the average consumer durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 58.9% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate Fossil a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Fossil as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the negative front, Cybex International ( CYBI), down 9.2%, iRobot Corporation ( IRBT), down 6.6%, Chromcraft Revington ( CRC), down 5.3%, and LJ International ( JADE), down 3.1%, were all losers within the consumer durables industry with Sensata Technologies Holding B.V ( ST) being today's consumer durables industry loser.

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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