Pitney Bowes Inc (PBI): Today's Featured Consumer Durables Loser

Pitney Bowes ( PBI) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables loser. The industry as a whole closed the day up 0.6%. By the end of trading, Pitney Bowes fell 15 cents (-1.1%) to $13.45 on average volume. Throughout the day, 4.3 million shares of Pitney Bowes exchanged hands as compared to its average daily volume of 3.9 million shares. The stock ranged in price between $13.40-$13.59 after having opened the day at $13.56 as compared to the previous trading day's close of $13.60. Other company's within the Consumer Durables industry that declined today were: 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%.

Pitney Bowes Inc. provides software, hardware, and services to enable physical and digital communications. It also offers a suite of equipment, supplies, software, services, and solutions for managing and integrating physical and digital communication channels. Pitney Bowes has a market cap of $2.78 billion and is part of the consumer goods sector. The company has a P/E ratio of seven, above the average consumer durables industry P/E ratio of 4.1 and below the S&P 500 P/E ratio of 17.7. Shares are down 25% year to date as of the close of trading on Tuesday. Currently there is one analyst that rates Pitney Bowes a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Pitney Bowes as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, weak operating cash flow and a generally disappointing performance in the stock itself.

On the positive front, 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%, were all gainers within the consumer durables industry with Fossil ( FOSL) being today's featured consumer durables industry winner.

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).
null

If you liked this article you might like

The Pitney Bowes Transformation: Cramer's Top Takeaways

How Long Can This Rally Run?: Cramer's 'Mad Money' Recap (Monday 9/19/17)

Heaven Knows, I Like Pitney Bowes

Stocks Are Fighting Back: Cramer's 'Mad Money' Recap (Wednesday 8/9/17)

Southwest Airlines, Alibaba, Procter & Gamble, Clorox: 'Mad Money' Lightning Round