Under Armour Inc. (UA): Today's Featured Consumer Non-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.

Under Armour ( UA) 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 up 0.6%. By the end of trading, Under Armour fell $2.09 (-2.6%) to $78.50 on heavy volume. Throughout the day, 2,653,318 shares of Under Armour exchanged hands as compared to its average daily volume of 1,200,200 shares. The stock ranged in price between $78.27-$79.37 after having opened the day at $79.00 as compared to the previous trading day's close of $80.59. Other companies within the Consumer Non-Durables industry that declined today were: EveryWare Global ( EVRY), down 9.4%, Mannatech ( MTEX), down 8.5%, Tandy Brands Accessories ( TBAC), down 7.6% and Coldwater Creek ( CWTR), down 7.1%.

Under Armour, Inc. engages in the development, marketing, and distribution of branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, the Middle East, Africa, Asia, and Latin America. Under Armour has a market cap of $6.9 billion and is part of the consumer goods sector. Shares are up 66.1% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Under Armour a buy, 2 analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Under Armour as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front, Blyth ( BTH), up 17.6%, Mercer International ( MERC), up 10.7%, China Xiniya Fashion ( XNY), up 8.0% and Verso Paper ( VRS), up 7.3% , were all gainers within the consumer non-durables industry with Procter & Gamble ( PG) 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).

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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