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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 0.8%. By the end of trading, Pitney Bowes fell $0.18 (-1.1%) to $16.67 on light volume. Throughout the day, 2,294,646 shares of Pitney Bowes exchanged hands as compared to its average daily volume of 4,968,500 shares. The stock ranged in price between $16.67-$16.95 after having opened the day at $16.80 as compared to the previous trading day's close of $16.85. Other companies within the Consumer Durables industry that declined today were: Stanley Furniture Company ( STLY), down 3.7%, Entertainment Gaming Asia ( EGT), down 3.6%, SGOCO Group ( SGOC), down 2.7% and Gaming Partners International Corporation ( GPIC), down 1.9%.

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 $3.5 billion and is part of the consumer goods sector. Shares are up 58.3% 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 4 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 solid stock price performance, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and generally higher debt management risk.

On the positive front, Escalade ( ESCA), up 8.6%, Harbinger Group ( HRG), up 6.0%, Kid Brands ( KID), up 4.8% and Koss Corporation ( KOSS), up 4.8% , were all gainers within the consumer durables industry with Fossil Group ( FOSL) 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.
null

If you liked this article you might like

The Pitney Bowes Transformation: Cramer's Top Takeaways

How Long Can This Rally Run?: Cramer's 'Mad Money' Recap (Monday 9/19/17)

Heaven Knows, I Like Pitney Bowes

Stocks Are Fighting Back: Cramer's 'Mad Money' Recap (Wednesday 8/9/17)

Southwest Airlines, Alibaba, Procter & Gamble, Clorox: 'Mad Money' Lightning Round