VF Corporation (VFC): 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

VF Corporation ( VFC) 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 down 0.3%. By the end of trading, VF Corporation fell $4.15 (-2.2%) to $181.51 on average volume. Throughout the day, 588,415 shares of VF Corporation exchanged hands as compared to its average daily volume of 611,800 shares. The stock ranged in price between $180.79-$186.39 after having opened the day at $185.67 as compared to the previous trading day's close of $185.66. Other companies within the Consumer Non-Durables industry that declined today were: Sappi ( SPP), down 5.4%, Joe's Jeans ( JOEZ), down 5.2%, Exceed Company ( EDS), down 4.3% and Deckers Outdoor Corporation ( DECK), down 3.3%.
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V.F. Corporation designs and manufactures, or sources from independent contractors various apparel and footwear products primarily in the United States and Europe. VF Corporation has a market cap of $20.2 billion and is part of the consumer goods sector. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7. Shares are up 23.0% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate VF Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates VF Corporation as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, revenue growth and reasonable valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Ever-Glory International Group ( EVK), down 5.2%, Vera Bradley ( VRA), down 4.7%, Core Molding Technologies ( CMT), down 2.8% and Female Health Company ( FHCO), down 2.8%.

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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