Arctic Cat Inc. (ACAT): Today's Featured Automotive Loser

Arctic Cat ( ACAT) pushed the Automotive industry lower today making it today's featured Automotive loser. The industry as a whole closed the day up 2.9%. By the end of trading, Arctic Cat fell 36 cents (-1.1%) to $33.70 on average volume. Throughout the day, 313,512 shares of Arctic Cat exchanged hands as compared to its average daily volume of 263,300 shares. The stock ranged in price between $33.46-$34.47 after having opened the day at $34.11 as compared to the previous trading day's close of $34.06. Other company's within the Automotive industry that declined today were: Orbital ( OBT), down 3.7% and Williams Controls ( WMCO), down 1.7%.

Arctic Cat Inc. designs, engineers, manufactures, and markets snowmobiles and all-terrain vehicles (ATVs) under the Arctic Cat brand name in the United States and internationally. It also offers related parts, garments, and accessories. Arctic Cat has a market cap of $450.9 million and is part of the consumer goods sector. The company has a P/E ratio of 20.1, equal to the average automotive industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 51% year to date as of the close of trading on Monday. Currently there are four analysts that rate Arctic Cat a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Arctic Cat as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, compelling growth in net income, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Enova Systems ( ENA), up 16.3%, Westport Innovations ( WPRT), up 7.9%, Fuel Systems Solutions ( FSYS), up 7.4%, and Supreme Industries ( STS), up 7.3%, were all gainers within the automotive industry with PACCAR ( PCAR) being today's featured automotive industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the automotive industry could consider ProShares Ultra Sht Consumer Goods ( SZK).
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