Carter's Inc. (CRI): 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.

Carter's ( CRI) 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 0.2%. By the end of trading, Carter's fell $0.79 (-1.0%) to $76.14 on average volume. Throughout the day, 697,854 shares of Carter's exchanged hands as compared to its average daily volume of 543,600 shares. The stock ranged in price between $75.98-$77.09 after having opened the day at $76.97 as compared to the previous trading day's close of $76.93. Other companies within the Consumer Non-Durables industry that declined today were: AEP Industries ( AEPI), down 5.2%, Prestige Brands Holdings ( PBH), down 4.7%, Verso Paper ( VRS), down 4.1% and Tufco Technologies ( TFCO), down 3.9%.

Carter's, Inc., together with its subsidiaries, designs, sources, and markets branded children's wear. The company provides its products under the Carter's, Child of Mine, Just One You, Precious Firsts, OshKosh, and other brands. Carter's has a market cap of $4.6 billion and is part of the consumer goods sector. Shares are up 39.0% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Carter's a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Carter's 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, good cash flow from operations, 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, Tandy Brands Accessories ( TBAC), up 5.1%, Berry Plastics Group ( BERY), up 4.8%, TriState Capital Holdings ( TSC), up 4.6% and Elizabeth Arden ( RDEN), up 4.1% , were all gainers within the consumer non-durables industry with Goodyear Tire & Rubber ( GT) 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.
null

If you liked this article you might like

The Children's Place Bumped Up to Outperform, While Gymboree Embraces Chapter 11

Gymboree Might Be Growing Into Bankruptcy, but Not These Two Rivals in the Mall

If Sears Finally Goes Out of Business, Here Are the Biggest Winners and Losers

15 Big Losers From When Sears Eventually Dies

Kohl's Still Thinks Battered Under Armour Is a 'Massive Opportunity'