Coach Inc. (COH): Today's Featured Consumer Non-Durables Winner

Coach ( COH) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole was unchanged today. By the end of trading, Coach rose $0.71 (1.3%) to $57.09 on average volume. Throughout the day, 3,712,479 shares of Coach exchanged hands as compared to its average daily volume of 4,381,000 shares. The stock ranged in a price between $56.24-$57.69 after having opened the day at $56.26 as compared to the previous trading day's close of $56.38. Other companies within the Consumer Non-Durables industry that increased today were: Tandy Brands Accessories ( TBAC), up 10.7%, Vera Bradley ( VRA), up 3.9%, Joe's Jeans ( JOEZ), up 3.8% and Swisher Hygiene ( SWSH), up 3.6%.

Coach, Inc. engages in the design, marketing, and distribution of handbags, accessories, wearables, footwear, jewelry, sunwear, travel bags, watches, and fragrances for women and men in the United States and internationally. Coach has a market cap of $15.7 billion and is part of the consumer goods sector. The company has a P/E ratio of 15.9, below the S&P 500 P/E ratio of 17.7. Shares are up 1.6% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate Coach a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Coach as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, CCA Industries ( CAW), down 10.1%, STR Holdings ( STRI), down 8.1%, Fuwei Films (Holdings ( FFHL), down 8.0% and American Apparel ( APP), down 5.0% , were all laggards within the consumer non-durables industry with Rock-Tenn Company ( RKT) 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

If you liked this article you might like

Watch This Retail CEO Quickly Explain How to Survive Hurricane Amazon

Michael Kors Stock Has Nearly 50% Upside Even With Amazon Crushing Everyone

Coach CEO Perfectly Explains What Must Be Done to Survive Retail Apocalypse

Coach Has More On Its Plate Than Just Fashion Week Craziness

Coach Flaunts Hot New Look for Fashion Week