VeriFone Systems Inc. (PAY): Today's Featured Consumer Durables Loser

VeriFone Systems ( PAY) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables loser. The industry as a whole was unchanged today. By the end of trading, VeriFone Systems fell 85 cents (-1.8%) to $46.05 on average volume. Throughout the day, 2.8 million shares of VeriFone Systems exchanged hands as compared to its average daily volume of 2.3 million shares. The stock ranged in price between $45.81-$47 after having opened the day at $46.42 as compared to the previous trading day's close of $46.90. Other company's within the Consumer Durables industry that declined today were: Tempur-Pedic International ( TPX), down 14.8%, Nautilus Group ( NLS), down 9%, Mattress Firm ( MFRM), down 8%, and Select Comfort Corporation ( SCSS), down 4.1%.

Verifone Systems, Inc. designs, markets, and services electronic payment solutions in North America and internationally. VeriFone Systems has a market cap of $5.16 billion and is part of the consumer goods sector. The company has a P/E ratio of 19.1, 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 32% year to date as of the close of trading on Friday. Currently there are six 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 buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, SGOCO Group ( SGOC), up 15.4%, Virco Manufacturing Corporation ( VIRC), up 6.2%, Gaming Partners International Corporation ( GPIC), up 4.5%, and Koss Corporation ( KOSS), up 4.3%, were all gainers within the consumer durables industry with Xerox Corporation ( XRX) 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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