IRobot Corporation (IRBT): Today's Featured Consumer Durables Winner

iRobot Corporation ( IRBT) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole closed the day down 1.9%. By the end of trading, iRobot Corporation rose 21 cents (0.9%) to $22.35 on average volume. Throughout the day, 565,730 shares of iRobot Corporation exchanged hands as compared to its average daily volume of 608,400 shares. The stock ranged in a price between $21.32-$22.40 after having opened the day at $22.05 as compared to the previous trading day's close of $22.14. Other companies within the Consumer Durables industry that increased today were: Generac Holdings ( GNRC), up 25.4%, LSI Industries ( LYTS), up 5.7%, Black Diamond ( BDE), up 3.6%, and Leapfrog ( LF), up 3.2%.

iRobot Corporation engages in designing, developing, and marketing robots for the consumer, government, and industrial markets worldwide. It offers consumer products, including floor vacuuming and washing robots, and pool and gutter cleaning robots. iRobot Corporation has a market cap of $606.1 million and is part of the consumer goods sector. The company has a P/E ratio of 18.6, equal to the average consumer durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 25.8% year to date as of the close of trading on Monday. Currently there is one analyst that rates iRobot Corporation a buy, one analyst rates it a sell, and two rate it a hold.

TheStreet Ratings rates iRobot Corporation as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Fossil ( FOSL), down 37.6%, Entertainment Gaming Asia ( EGT), down 14.4%, Elecsys Corporation ( ESYS), down 10.7%, and Movado Group ( MOV), down 9.7%, were all losers within the consumer durables industry with Newell Rubbermaid ( NWL) 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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