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

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Coach ( COH) 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 down 0.3%. By the end of trading, Coach fell $0.56 (-1.1%) to $51.90 on average volume. Throughout the day, 3,439,628 shares of Coach exchanged hands as compared to its average daily volume of 3,327,500 shares. The stock ranged in price between $51.85-$52.53 after having opened the day at $52.33 as compared to the previous trading day's close of $52.46. Other companies within the Consumer Non-Durables industry that declined today were: Fuwei Films (Holdings ( FFHL), down 18.0%, Blyth ( BTH), down 7.0%, China Shengda Packaging Group ( CPGI), down 5.4% and Tandy Brands Accessories ( TBAC), down 5.1%.

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 $15.0 billion and is part of the consumer goods sector. Shares are down 5.5% 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 14 rate it a hold.

TheStreet Ratings rates Coach 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, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Mannatech ( MTEX), up 36.4%, Fibria Celulose ( FBR), up 5.1%, Wausau Paper Corporation ( WPP), up 3.7% and Zuoan Fashion ( ZA), up 2.6% , were all gainers within the consumer non-durables industry with Nu Skin ( NUS) 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).

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