Fossil Inc. (FOSL): Today's Featured Consumer Durables Winner

Fossil ( FOSL) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole closed the day up 0.6%. By the end of trading, Fossil rose $1.44 (2.2%) to $68.10 on light volume. Throughout the day, 737,852 shares of Fossil exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in a price between $65.70-$68.89 after having opened the day at $66.36 as compared to the previous trading day's close of $66.66. Other companies within the Consumer Durables industry that increased today were: Mad Catz Interactive ( MCZ), up 7.1%, Fortune Brands Home & Security ( FBHS), up 4.7%, Kimball International Inc. Class B ( KBALB), up 4.7%, and Fabrinet ( FN), up 3.6%.

Fossil, Inc. designs, develops, markets, and distributes consumer fashion accessories worldwide. Fossil has a market cap of $4.21 billion and is part of the consumer goods sector. The company has a P/E ratio of 14.5, 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 14.3% year to date as of the close of trading on Tuesday. 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, revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Entertainment Gaming Asia ( EGT), down 11.7%, Kid Brands ( KID), down 11.2%, Elecsys Corporation ( ESYS), down 6.1%, and Cascade Microtech ( CSCD), down 2.2%, were all losers within the consumer durables industry with Pitney Bowes ( PBI) being today's consumer durables industry loser.

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