Consumer Non-Durables Standout PVH Corp (PVH) Making Gains Today

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.

PVH ( PVH) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole closed the day down 0.2%. By the end of trading, PVH rose $2.96 (2.8%) to $107.78 on average volume. Throughout the day, 1.5 million shares of PVH exchanged hands as compared to its average daily volume of 1.4 million shares. The stock ranged in a price between $102.72-$108.03 after having opened the day at $103.52 as compared to the previous trading day's close of $104.82. Other companies within the Consumer Non-Durables industry that increased today were: Tandy Brands Accessories ( TBAC), up 9.1%, Blyth ( BTH), up 5.2%, Joe's Jeans ( JOEZ), up 4%, and Hanesbrands ( HBI), up 3.8%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

PVH Corp. operates as an apparel company in the United States, Canada, Europe, and internationally. PVH has a market cap of $7.42 billion and is part of the consumer goods sector. The company has a P/E ratio of 31.9, above the S&P 500 P/E ratio of 17.7. Shares are up 7.7% year to date as of the close of trading on Thursday. Currently there are eight analysts that rate PVH a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates PVH as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, expanding profit margins, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Verso Paper ( VRS), down 10.4%, Sappi ( SPP), down 7.2%, Mannatech ( MTEX), down 5.7%, and Berry Plastics Group ( BERY), down 5.3%, were all laggards within the consumer non-durables industry with International Paper ( IP) being today's consumer non-durables industry laggard.

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).

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.
null