Sara Lee Corporation (SLE): Today's Featured Consumer Goods Loser

Sara Lee Corporation ( SLE) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods loser. The sector as a whole closed the day down 0.9%. By the end of trading, Sara Lee Corporation fell 15 cents (-0.7%) to $20.65 on average volume. Throughout the day, 7.8 million shares of Sara Lee Corporation exchanged hands as compared to its average daily volume of 7.6 million shares. The stock ranged in price between $20.61-$21.08 after having opened the day at $20.86 as compared to the previous trading day's close of $20.80. Other company's within the Consumer Goods sector that declined today were: Frederick's of Hollywood Group ( FOH), down 22.5%, China Shengda Packaging Group ( CPGI), down 15.3%, Quantum Fuel Systems Technologies Worldwide ( QTWW), down 12%, and Joe's Jeans ( JOEZ), down 10.3%.

Sara Lee Corporation engages in the manufacture and marketing of a range of branded packaged meat, bakery, and beverage products worldwide. Sara Lee Corporation has a market cap of $12.56 billion and is part of the food & beverage industry. The company has a P/E ratio of 124.5, below the average food & beverage industry P/E ratio of 529 and above the S&P 500 P/E ratio of 17.7. Shares are up 9.9% year to date as of the close of trading on Thursday. Currently there are four analysts that rate Sara Lee Corporation a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates Sara Lee Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Summer Infant ( SUMR), up 9.1%, Bridgford Foods Corporation ( BRID), up 8.1%, Reeds ( REED), up 7.7%, and MGP Ingredients ( MGPI), up 7.3%, were all gainers within the consumer goods sector with Wolverine World Wide ( WWW) being today's featured consumer goods sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).
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Sara Lee Corporation (SLE): Today's Featured Food & Beverage Loser

Sara Lee Corporation (SLE): Today's Featured Food & Beverage Loser