PVH Corp (PVH): Today's Featured Consumer Goods 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 Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.1%. By the end of trading, PVH fell $1.17 (-1.0%) to $115.74 on light volume. Throughout the day, 486,605 shares of PVH exchanged hands as compared to its average daily volume of 1,013,800 shares. The stock ranged in price between $115.21-$116.26 after having opened the day at $115.89 as compared to the previous trading day's close of $116.91. Other companies within the Consumer Goods sector that declined today were: Central European Distribution ( CEDC), down 18.2%, Icahn ( IEP), down 6.2%, Tandy Brands Accessories ( TBAC), down 6.2% and STR Holdings ( STRI), down 5.3%.
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PVH Corp. operates as an apparel company in the United States and internationally. PVH has a market cap of $9.5 billion and is part of the consumer non-durables industry. 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 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, Quantum Fuel Systems Technologies Worldwide ( QTWW), down 9.6%, Stanley Furniture Company ( STLY), down 8.9%, Callaway Golf Company ( ELY), down 7.1% and Entertainment Gaming Asia ( EGT), down 6.4%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

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