Cooper Tire & Rubber Company (CTB): Today's Featured Consumer Non-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

Cooper Tire & Rubber Company ( CTB) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole closed the day down 1.6%. By the end of trading, Cooper Tire & Rubber Company rose $1.17 (3.7%) to $32.49 on heavy volume. Throughout the day, 3,323,309 shares of Cooper Tire & Rubber Company exchanged hands as compared to its average daily volume of 1,894,500 shares. The stock ranged in a price between $30.51-$32.50 after having opened the day at $30.90 as compared to the previous trading day's close of $31.32. Other companies within the Consumer Non-Durables industry that increased today were: Revlon ( REV), up 11.2%, CTI Industries Corporation ( CTIB), up 3.8%, Forward Industries ( FORD), up 3.6% and Tandy Brands Accessories ( TBAC), up 3.5%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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 $2.0 billion and is part of the consumer goods sector. The company has a P/E ratio of 7.7, below the S&P 500 P/E ratio of 17.7. Shares are up 23.4% year to date as of the close of trading on Friday. Currently there are 2 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 negative front, Fuwei Films (Holdings ( FFHL), down 13.6%, Tufco Technologies ( TFCO), down 13.0%, Coldwater Creek ( CWTR), down 10.2% and Verso Paper ( VRS), down 10.1% , were all laggards within the consumer non-durables industry with Procter & Gamble ( PG) being today's consumer non-durables industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

Asian Markets Decline in Morning Trading

Asian Markets Decline in Morning Trading

Verizon Proves Resilient in Sell-Off; Decoding the Facebook Short -- ICYMI

Verizon Proves Resilient in Sell-Off; Decoding the Facebook Short -- ICYMI

Three Big Factors That Rocked the Stock Market Tuesday

Three Big Factors That Rocked the Stock Market Tuesday

Dow Tumbles Over 400 Points; S&P 500 and Nasdaq Also Finish Lower

Dow Tumbles Over 400 Points; S&P 500 and Nasdaq Also Finish Lower

Caterpillar Bulldozes Industrial Sector With Bad News on Earnings Call

Caterpillar Bulldozes Industrial Sector With Bad News on Earnings Call