Fossil Group Inc (FOSL): Today's Featured Consumer 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.

Fossil Group ( FOSL) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole was unchanged today. By the end of trading, Fossil Group fell $1.47 (-1.2%) to $120.12 on average volume. Throughout the day, 882,182 shares of Fossil Group exchanged hands as compared to its average daily volume of 743,800 shares. The stock ranged in price between $119.36-$121.95 after having opened the day at $120.72 as compared to the previous trading day's close of $121.59. Other companies within the Consumer Durables industry that declined today were: Elecsys Corporation ( ESYS), down 4.6%, Mattress Firm ( MFRM), down 4.2%, Global-Tech Advanced Innovations ( GAI), down 3.3% and Johnson Outdoors ( JOUT), down 2.6%.

Fossil Group, Inc., together with its subsidiaries, engages in the design, development, marketing, and distribution of consumer fashion accessories worldwide. It operates in four segments: North America Wholesale, Europe Wholesale, Asia Pacific Wholesale, and Direct to Consumer. Fossil Group has a market cap of $6.6 billion and is part of the consumer goods sector. Currently there are 5 analysts that rate Fossil Group a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Fossil Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, SGOCO Group ( SGOC), up 15.9%, Daktronics ( DAKT), up 2.5%, Koss Corporation ( KOSS), up 2.4% and Natuzzi SPA ( NTZ), up 2.1% , were all gainers within the consumer durables industry with Mattel ( MAT) being today's featured consumer durables industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the consumer durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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