Fossil Inc. (FOSL): Today's Featured Consumer Goods Loser

Fossil ( FOSL) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods loser. The sector as a whole closed the day down 0.6%. By the end of trading, Fossil fell $1.64 (-2.4%) to $66.08 on average volume. Throughout the day, 1.2 million shares of Fossil exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $65.48-$69.20 after having opened the day at $68.24 as compared to the previous trading day's close of $67.72. Other company's within the Consumer Goods sector that declined today were: Helen of Troy ( HELE), down 13.5%, China Marine Food Group ( CMFO), down 13.3%, ATC Venture Group ( ATC), down 10.1%, and Fuel Systems Solutions ( FSYS), down 9.7%.

Fossil, Inc. designs, develops, markets, and distributes consumer fashion accessories worldwide. Fossil has a market cap of $4.24 billion and is part of the consumer durables industry. The company has a P/E ratio of 14.6, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 13.7% year to date as of the close of trading on Monday. Currently there are six analysts that rate Fossil a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Fossil as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Coldwater Creek ( CWTR), up 53.6%, Origin Agritech ( SEED), up 17%, Teucrium Agricultural Fund ( TAGS), up 12.9%, and Tufco Technologies ( TFCO), up 11.3%, were all gainers within the consumer goods sector with HJ Heinz Company ( HNZ) 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).