Fifth & Pacific Companies Inc (FNP): Today's Featured Consumer Goods 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.

Fifth & Pacific Companies ( FNP) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day up 0.7%. By the end of trading, Fifth & Pacific Companies fell 25 cents (-1.3%) to $18.90 on average volume. Throughout the day, 2.1 million shares of Fifth & Pacific Companies exchanged hands as compared to its average daily volume of 1.9 million shares. The stock ranged in price between $18.88-$19.41 after having opened the day at $19.18 as compared to the previous trading day's close of $19.15. Other companies within the Consumer Goods sector that declined today were: Verso Paper ( VRS), down 12.9%, Vera Bradley ( VRA), down 9.2%, MGP Ingredients ( MGPI), down 8.7%, and China Shengda Packaging Group ( CPGI), down 6.8%.
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Fifth & Pacific Companies, Inc. engages in the design and marketing of a range of apparel and accessories. The company operates in four segments: JUICY COUTURE, LUCKY BRAND, KATE SPADE, and Adelington Design Group. Fifth & Pacific Companies has a market cap of $2.24 billion and is part of the consumer non-durables industry. Shares are up 53.8% year to date as of the close of trading on Wednesday. Currently there are four analysts that rate Fifth & Pacific Companies a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Fifth & Pacific Companies as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and feeble growth in the company's earnings per share.

On the positive front, Chromcraft Revington ( CRC), up 17.6%, Furniture Brands International ( FBN), up 12.1%, Global-Tech Advanced Innovations ( GAI), up 11.9%, and Joe's Jeans ( JOEZ), up 9.9%, were all gainers within the consumer goods sector with Sony Corporation ( SNE) being today's featured consumer goods sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

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