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.Cabela's ( CAB) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Cabela's fell $1.57 (-2.4%) to $64.23 on heavy volume. Throughout the day, 1,364,068 shares of Cabela's exchanged hands as compared to its average daily volume of 665,600 shares. The stock ranged in price between $63.47-$65.79 after having opened the day at $65.65 as compared to the previous trading day's close of $65.80. Other companies within the Specialty Retail industry that declined today were: Francescas Holdings ( FRAN), down 25.9%, Hastings Entertainment ( HAST), down 7.4%, Books-A-Million ( BAMM), down 2.5% and Titan Machinery ( TITN), down 2.5%.
Cabela's Incorporated, together with its subsidiaries, operates as a specialty retailer and direct marketer of hunting, fishing, camping, and related outdoor merchandise. The company operates through three segments: Retail, Direct, and Financial Services. Cabela's has a market cap of $4.6 billion and is part of the services sector. Shares are up 57.6% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Cabela's a buy, no analysts rate it a sell, and 5 rate it a hold. TheStreet Ratings rates Cabela's as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, robust revenue growth, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.