Fossil Group Inc (FOSL): Today's Featured Consumer Durables Winner

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

Fossil Group ( FOSL) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole closed the day up 1.4%. By the end of trading, Fossil Group rose $3.58 (3.5%) to $104.57 on average volume. Throughout the day, 813,690 shares of Fossil Group exchanged hands as compared to its average daily volume of 781,700 shares. The stock ranged in a price between $101.64-$104.80 after having opened the day at $102.80 as compared to the previous trading day's close of $100.99. Other companies within the Consumer Durables industry that increased today were: Emerson Radio ( MSN), up 7.1%, Bassett Furniture Industries ( BSET), up 5.7%, Select Comfort Corporation ( SCSS), up 4.2% and Whirlpool Corporation ( WHR), up 4.0%.
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Fossil, Inc., together with its subsidiaries, engages in the design, development, marketing, and distribution of consumer fashion accessories worldwide. It operates in four segments: North America Wholesale, Europe Wholesale, Asia Pacific Wholesale, and Direct to Consumer. Fossil Group has a market cap of $6.0 billion and is part of the consumer goods sector. The company has a P/E ratio of 17.4, below the S&P 500 P/E ratio of 17.7. Shares are up 8.5% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Fossil Group a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Fossil Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, reasonable valuation levels and solid stock price performance. 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 negative front, SGOCO Group ( SGOC), down 20.2%, Stanley Furniture Company ( STLY), down 3.6%, Elecsys Corporation ( ESYS), down 1.8% and Furniture Brands International ( FBN), down 1.7%.

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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