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.
Hasbro (
HAS) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day up 0.7%. By the end of trading, Hasbro fell 38 cents (-1.1%) to $35.74 on average volume. Throughout the day, 2.2 million shares of Hasbro exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $35.64-$36.44 after having opened the day at $36.28 as compared to the previous trading day's close of $36.12. Other companies within the Consumer Durables industry that declined today were:
Sony Corporation (
SNE), down 3%,
Entertainment Gaming Asia (
EGT), down 2.4%,
Black Diamond (
BDE), down 2.3%, and
Universal Electronics (
UEIC), down 1.9%.
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Hasbro, Inc., together with its subsidiaries, engages in the provision of children's and family leisure time products and services worldwide. Hasbro has a market cap of $4.65 billion and is part of the consumer goods sector. The company has a P/E ratio of 13.8, below the S&P 500 P/E ratio of 17.7. Shares are down 0.2% year to date as of the close of trading on Thursday. Currently there are two analysts that rate Hasbro a buy, one analyst rates it a sell, and five rate it a hold.
TheStreet Ratings rates Hasbro as a
buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
On the positive front,
Global-Tech Advanced Innovations (
GAI), up 10.3%,
Elecsys Corporation (
ESYS), up 6.8%,
Cobra Electronics Corporation (
COBR), up 4.1%, and
Chromcraft Revington (
CRC), up 3.8%, were all gainers within the consumer durables industry with
Fossil (
FOSL) 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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