Ralph Lauren Corp (RL): 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.

Ralph Lauren ( RL) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.6%. By the end of trading, Ralph Lauren fell $1.94 (-1.1%) to $175.15 on light volume. Throughout the day, 626,807 shares of Ralph Lauren exchanged hands as compared to its average daily volume of 857,100 shares. The stock ranged in price between $175.02-$178.37 after having opened the day at $178.37 as compared to the previous trading day's close of $177.09. Other companies within the Consumer Goods sector that declined today were: Winnebago Industries ( WGO), down 13.7%, Crumbs Bake Shop ( CRMB), down 7.8%, Tandy Brands Accessories ( TBAC), down 7.7% and Shiloh Industries ( SHLO), down 6.0%.

Ralph Lauren Corporation engages in the design, marketing, and distribution of lifestyle products. Ralph Lauren has a market cap of $10.5 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 22.2, above the S&P 500 P/E ratio of 17.7. Shares are up 18.1% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Ralph Lauren a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Ralph Lauren 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, reasonable valuation levels, increase in stock price during the past year 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, Quantum Fuel Systems Technologies Worldwide ( QTWW), up 7.7%, Callaway Golf Company ( ELY), up 7.2%, Castle Brands Incorporated ( ROX), up 6.5% and Entertainment Gaming Asia ( EGT), up 5.9% , were all gainers within the consumer goods sector with Monster Beverage ( MNST) 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).

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