Coach Inc. (COH): Today's Featured Consumer Non-Durables Winner

Coach ( COH) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole closed the day up 1.1%. By the end of trading, Coach rose $1.17 (1.6%) to $73.27 on average volume. Throughout the day, 2.4 million shares of Coach exchanged hands as compared to its average daily volume of 2.7 million shares. The stock ranged in a price between $71.80-$73.66 after having opened the day at $72.26 as compared to the previous trading day's close of $72.10. Other companies within the Consumer Non-Durables industry that increased today were: Shiner International ( BEST), up 40.5%, Skechers USA ( SKX), up 13.7%, Liz Claiborne ( LIZ), up 9.5%, and Titan International ( TWI), up 9%.

Coach, Inc. designs and markets accessories and gifts for women and men in the United States and internationally. It primarily offers handbags, women's and men's bag, accessories, business cases, footwear, wearables, jewelry, sunwear, travel bags, watches, and fragrance products. Coach has a market cap of $20.68 billion and is part of the consumer goods sector. The company has a P/E ratio of 21.5, below the average consumer non-durables industry P/E ratio of 22.4 and above the S&P 500 P/E ratio of 17.7. Shares are up 17.7% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Coach a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Coach as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Crocs ( CROX), down 8.1%, Nu Skin ( NUS), down 7.1%, Domtar ( UFS), down 6.7%, and Mannatech ( MTEX), down 6.6%, were all losers within the consumer non-durables industry with Ball Corporation ( BLL) being today's consumer non-durables industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider Consumer Staples Select Sector SPDR ( XLP) while those bearish on the consumer non-durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).
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