Pitney Bowes Inc (PBI): Today's Featured Consumer Durables Laggard

Pitney Bowes ( PBI) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day up 1.2%. By the end of trading, Pitney Bowes fell $0.17 (-1.2%) to $14.12 on heavy volume. Throughout the day, 6,938,472 shares of Pitney Bowes exchanged hands as compared to its average daily volume of 4,282,500 shares. The stock ranged in price between $14.00-$14.53 after having opened the day at $14.42 as compared to the previous trading day's close of $14.29. Other companies within the Consumer Durables industry that declined today were: Emerson Radio ( MSN), down 2.8%, Acme United Corporation ( ACU), down 2.2%, Elecsys Corporation ( ESYS), down 1.8% and Nautilus Group ( NLS), down 1.7%.

Pitney Bowes Inc. provides software, hardware, and services to enable physical and digital communications in the United States and internationally. Pitney Bowes has a market cap of $2.9 billion and is part of the consumer goods sector. Shares are up 34.3% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Pitney Bowes a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Pitney Bowes as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and a generally disappointing performance in the stock itself.

On the positive front, Furniture Brands International ( FBN), up 5.9%, Fortune Brands Home & Security ( FBHS), up 5.2%, Global-Tech Advanced Innovations ( GAI), up 4.1% and Select Comfort Corporation ( SCSS), up 3.4% , were all gainers within the consumer durables industry with Sony Corporation ( SNE) being today's featured consumer durables industry leader.

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).

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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