Coach Inc. (COH): Today's Featured Consumer Non-Durables Winner

Coach ( COH) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole closed the day up 0.7%. By the end of trading, Coach rose $1.35 (2.3%) to $59.70 on average volume. Throughout the day, 4.5 million shares of Coach exchanged hands as compared to its average daily volume of 3.4 million shares. The stock ranged in a price between $58.35-$60.12 after having opened the day at $58.40 as compared to the previous trading day's close of $58.35. Other companies within the Consumer Non-Durables industry that increased today were: Cereplast ( CERP), up 14.5%, Standard Register Company ( SR), up 9.4%, MOD-PAC Corporation ( MPAC), up 7.8%, and Deckers Outdoor Corporation ( DECK), up 7.5%.

Coach, Inc. designs and markets accessories and gifts for women and men in the United States and internationally. It primarily offers handbags, women's and men's bag, accessories, business cases, footwear, wearables, jewelry, sunwear, travel bags, watches, and fragrance products. Coach has a market cap of $16.77 billion and is part of the consumer goods sector. The company has a P/E ratio of 17.4, 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 down 4.4% year to date as of the close of trading on Tuesday. Currently there are 15 analysts that rate Coach a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Coach 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, notable return on equity, expanding profit margins and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Verso Paper ( VRS), down 15.6%, UFP Technologies ( UFPT), down 5.4%, STR Holdings ( STRI), down 5.3%, and Tandy Brands Accessories ( TBAC), down 4.2%, were all losers within the consumer non-durables industry with Ball Corporation ( BLL) being today's consumer non-durables industry loser.

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).
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