Foot Locker Inc (FL): Today's Featured Consumer Goods 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.

Foot Locker ( FL) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole was unchanged today. By the end of trading, Foot Locker fell $0.49 (-1.2%) to $38.72 on light volume. Throughout the day, 1,247,462 shares of Foot Locker exchanged hands as compared to its average daily volume of 1,890,600 shares. The stock ranged in price between $38.62-$39.50 after having opened the day at $39.30 as compared to the previous trading day's close of $39.21. Other companies within the Consumer Goods sector that declined today were: China New Borun Corporation ( BORN), down 7.6%, China Automotive Systems ( CAAS), down 5.8%, Superior Uniform Group ( SGC), down 4.8% and Orient Paper ( ONP), down 4.7%.

Foot Locker, Inc., together with its subsidiaries, operates as a retailer of athletic footwear and apparel. The company operates in two segments, Athletic Stores and Direct-to-Customers. Foot Locker has a market cap of $5.8 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 13.9, below the S&P 500 P/E ratio of 17.7. Shares are up 20.9% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Foot Locker a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Foot Locker 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, attractive valuation levels, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Elecsys Corporation ( ESYS), up 18.4%, Crumbs Bake Shop ( CRMB), up 9.5%, Castle Brands Incorporated ( ROX), up 7.5% and Gruma S.A.B. de C.V ( GMK), up 6.5% , were all gainers within the consumer goods sector with Bunge ( BG) being today's featured consumer goods sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector 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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