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.
Sealed Air Corporation (
SEE) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Sealed Air Corporation fell 31 cents (-1.6%) to $18.62 on average volume. Throughout the day, 3.2 million shares of Sealed Air Corporation exchanged hands as compared to its average daily volume of three million shares. The stock ranged in price between $18.49-$19.02 after having opened the day at $18.99 as compared to the previous trading day's close of $18.93. Other companies within the Consumer Non-Durables industry that declined today were:
Fuwei Films Company (
FFHL), down 16.4%,
Orient Paper (
ONP), down 6.8%,
STR Holdings (
STRI), down 4.7%, and
Forward Industries (
FORD), down 4.6%.
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Sealed Air Corporation, through its subsidiaries, provides food safety and security, facility hygiene, and product protection solutions worldwide. Sealed Air Corporation has a market cap of $3.68 billion and is part of the consumer goods sector. Shares are up 7.7% year to date as of the close of trading on Thursday. Currently there are six analysts that rate Sealed Air Corporation a buy, no analysts rate it a sell, and three rate it a hold.
TheStreet Ratings rates Sealed Air Corporation as a
hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.
On the positive front,
Deckers Outdoor Corporation (
DECK), up 7.5%,
Under Armour (
UA), up 5.2%,
Sappi (
SPP), up 4.9%, and
Quiksilver (
ZQK), up 4.7%, were all gainers within the consumer non-durables industry with
Ralph Lauren (
RL) being today's featured consumer non-durables industry leader.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider
Consumer Staples Select Sector SPDR (
XLP) while those bearish on the consumer non-durables industry could consider
ProShares Ultra Sht Consumer Goods (
SZK).
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