Jarden Corporation (JAH): Today's Featured Consumer Durables Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Jarden Corporation ( JAH) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Jarden Corporation fell 75 cents (-1.5%) to $50.21 on average volume. Throughout the day, 1.1 million shares of Jarden Corporation exchanged hands as compared to its average daily volume of 937,300 shares. The stock ranged in price between $49.84-$51.06 after having opened the day at $50.96 as compared to the previous trading day's close of $50.96. Other companies within the Consumer Durables industry that declined today were: Appliance Recycling Centers ( ARCI), down 8%, PAR Technology ( PAR), down 5.6%, Elecsys Corporation ( ESYS), down 4.9%, and Panasonic Corporation ( PC), down 4.6%.
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Jarden Corporation manufactures, sources, and sells consumer products worldwide. Jarden Corporation has a market cap of $4.1 billion and is part of the consumer goods sector. The company has a P/E ratio of 18.6, above the S&P 500 P/E ratio of 17.7. Shares are up 70.5% year to date as of the close of trading on Friday. Currently there are six analysts that rate Jarden Corporation a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Jarden Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Generac Holdings ( GNRC), up 12.4%, Callaway Golf Company ( ELY), up 6.5%, Movado Group ( MOV), up 5.9%, and Leapfrog ( LF), up 4.8%, were all gainers within the consumer durables industry with Hasbro ( HAS) being today's featured consumer durables industry leader.

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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