Cooper Tire & Rubber Company (CTB): 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

Cooper Tire & Rubber Company ( CTB) 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 1.2%. By the end of trading, Cooper Tire & Rubber Company fell $0.84 (-2.4%) to $33.82 on heavy volume. Throughout the day, 8,837,926 shares of Cooper Tire & Rubber Company exchanged hands as compared to its average daily volume of 892,300 shares. The stock ranged in price between $33.69-$34.45 after having opened the day at $34.42 as compared to the previous trading day's close of $34.66. Other companies within the Consumer Non-Durables industry that declined today were: Deswell Industries ( DSWL), down 6.7%, Exceed Company ( EDS), down 4.7%, Fuwei Films (Holdings ( FFHL), down 2.5% and China XD Plastics ( CXDC), down 2.4%.
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Cooper Tire & Rubber Company, together with its subsidiaries, manufactures and markets replacement tires worldwide. It operates in two segments, North American Tire Operations and International Tire Operations. Cooper Tire & Rubber Company has a market cap of $1.6 billion and is part of the consumer goods sector. The company has a P/E ratio of 6.1, below the S&P 500 P/E ratio of 17.7. Shares are up 36.7% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Cooper Tire & Rubber Company a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Cooper Tire & Rubber Company as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Mannatech ( MTEX), down 14.3%, PVH ( PVH), down 10.2%, STR Holdings ( STRI), down 5.9% and Owens-Illinois ( OI), down 5.9% , were all gainers within the consumer non-durables industry with International Paper ( IP) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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