Fifth & Pacific Companies Inc (FNP): Today's Featured Consumer Non-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

Fifth & Pacific Companies ( FNP) 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, Fifth & Pacific Companies fell $0.26 (-1.2%) to $21.64 on light volume. Throughout the day, 1,220,649 shares of Fifth & Pacific Companies exchanged hands as compared to its average daily volume of 1,960,300 shares. The stock ranged in price between $21.53-$21.96 after having opened the day at $21.78 as compared to the previous trading day's close of $21.90. Other companies within the Consumer Non-Durables industry that declined today were: Blyth ( BTH), down 13.8%, Tandy Brands Accessories ( TBAC), down 7.5%, China Shengda Packaging Group ( CPGI), down 6.2% and CTI Industries Corporation ( CTIB), down 5.2%.
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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 $2.5 billion and is part of the consumer goods sector. Shares are up 75.9% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Fifth & Pacific Companies a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Fifth & Pacific Companies as a sell. Among the areas we feel are negative, one of the most important has been weak operating cash flow.

On the positive front, Summer Infant ( SUMR), down 11.0%, Standard Register Company ( SR), down 5.6%, Ever-Glory International Group ( EVK), down 5.2% and Titan International ( TWI), down 4.6% , were all gainers within the consumer non-durables industry with Deckers Outdoor Corporation ( DECK) 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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