PVH Corp (PVH): 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

PVH ( PVH) 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 0.9%. By the end of trading, PVH fell $1.39 (-1.2%) to $118.02 on average volume. Throughout the day, 995,213 shares of PVH exchanged hands as compared to its average daily volume of 1,066,400 shares. The stock ranged in price between $117.97-$120.19 after having opened the day at $119.00 as compared to the previous trading day's close of $119.41. Other companies within the Consumer Non-Durables industry that declined today were: China Xiniya Fashion ( XNY), down 5.0%, Standard Register Company ( SR), down 4.1%, Verso Paper ( VRS), down 3.4% and Blyth ( BTH), down 3.1%.
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PVH Corp. operates as an apparel company in the United States and internationally. PVH has a market cap of $9.6 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 Tuesday. Currently there are 9 analysts that rate PVH a buy, no analysts rate it a sell, and 3 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, solid stock price performance, reasonable valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Ever-Glory International Group ( EVK), down 27.9%, Mannatech ( MTEX), down 16.8%, STR Holdings ( STRI), down 11.0% and Tandy Brands Accessories ( TBAC), down 10.4% , were all gainers within the consumer non-durables industry with Ecolab ( ECL) 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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