Pitney Bowes Inc (PBI): Today's Featured Consumer 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

Pitney Bowes ( PBI) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day up 0.8%. By the end of trading, Pitney Bowes fell $0.23 (-1.5%) to $15.44 on light volume. Throughout the day, 2,337,718 shares of Pitney Bowes exchanged hands as compared to its average daily volume of 4,171,400 shares. The stock ranged in price between $15.34-$15.72 after having opened the day at $15.71 as compared to the previous trading day's close of $15.67. Other companies within the Consumer Durables industry that declined today were: Entertainment Gaming Asia ( EGT), down 7.1%, Ballantyne Strong ( BTN), down 6.3%, Elecsys Corporation ( ESYS), down 3.4% and Furniture Brands International ( FBN), down 3.1%.
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Pitney Bowes Inc. provides software, hardware, and services to enable physical and digital communications in the United States and internationally. Pitney Bowes has a market cap of $3.1 billion and is part of the consumer goods sector. The company has a P/E ratio of 8.6, below the S&P 500 P/E ratio of 17.7. Shares are up 47.3% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Pitney Bowes a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Pitney Bowes as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and a generally disappointing performance in the stock itself.

On the positive front, Kid Brands ( KID), down 7.7%, Select Comfort Corporation ( SCSS), down 6.3%, Universal Electronics ( UEIC), down 5.0% and iRobot Corporation ( IRBT), down 4.8% , were all gainers within the consumer durables industry with Whirlpool Corporation ( WHR) 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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