Carlisle Companies Inc. (CSL): Today's Featured Consumer Non-Durables Loser

Carlisle Companies ( CSL) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables loser. The industry as a whole closed the day up 0.9%. By the end of trading, Carlisle Companies fell 80 cents (-1.6%) to $49.90 on heavy volume. Throughout the day, 684,676 shares of Carlisle Companies exchanged hands as compared to its average daily volume of 357,200 shares. The stock ranged in price between $48.68-$50.87 after having opened the day at $50.72 as compared to the previous trading day's close of $50.70. Other company's within the Consumer Non-Durables industry that declined today were: Cereplast ( CERP), down 25%, Standard Register Company ( SR), down 10.7%, Shiner International ( BEST), down 10.2%, and China Shengda Packaging Group ( CPGI), down 8.4%.

Carlisle Companies Incorporated manufactures and sells construction materials in the United States and internationally. Carlisle Companies has a market cap of $3.26 billion and is part of the consumer goods sector. The company has a P/E ratio of 15.9, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 18.4% year to date as of the close of trading on Thursday. Currently there are four analysts that rate Carlisle Companies a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Carlisle Companies as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, STR Holdings ( STRI), up 15.5%, Tufco Technologies ( TFCO), up 8.2%, Spartech Corporation ( SEH), up 8.1%, and Weyco Group ( WEYS), up 7.1%, were all gainers within the consumer non-durables industry with Nike ( NKE) being today's featured consumer non-durables industry winner.

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).
null

If you liked this article you might like

What's Behind the Hound of Hades' Stock Market Rampage

What's Behind the Hound of Hades' Stock Market Rampage

Ford, Cadence Systems, Carlisle, Teledyne: 'Mad Money' Lightning Round

Ford, Cadence Systems, Carlisle, Teledyne: 'Mad Money' Lightning Round

What to Worry About for 2018: Cramer's 'Mad Money' Recap (Wednesday 12/6/17)

What to Worry About for 2018: Cramer's 'Mad Money' Recap (Wednesday 12/6/17)

10 Sectors That Will Profit Big-Time From Oil's Crash

10 Sectors That Will Profit Big-Time From Oil's Crash

Jim Cramer's 'Mad Money' Recap: Credibility Is the Most Valuable Currency for Investors

Jim Cramer's 'Mad Money' Recap: Credibility Is the Most Valuable Currency for Investors