Cooper Tire & Rubber Company (CTB): 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.

Cooper Tire & Rubber Company ( CTB) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day up 0.4%. By the end of trading, Cooper Tire & Rubber Company fell $0.24 (-1.1%) to $22.35 on light volume. Throughout the day, 1,337,569 shares of Cooper Tire & Rubber Company exchanged hands as compared to its average daily volume of 1,790,900 shares. The stock ranged in price between $22.31-$22.90 after having opened the day at $22.69 as compared to the previous trading day's close of $22.59. Other companies within the Consumer Goods sector that declined today were: EveryWare Global ( EVRY), down 19.3%, Tandy Brands Accessories ( TBAC), down 18.5%, Coldwater Creek ( CWTR), down 17.6% and American Apparel ( APP), down 13.5%.

Cooper Tire & Rubber Company, together with its subsidiaries, manufactures and markets replacement tires worldwide. It operates in two segments, North American Tire Operations and International Tire Operations. Cooper Tire & Rubber Company has a market cap of $1.5 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 6.2, below the S&P 500 P/E ratio of 17.7. Shares are down 6.0% year to date as of the close of trading on Monday. Currently there are no analysts that rate Cooper Tire & Rubber Company a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Cooper Tire & Rubber Company as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the positive front, Navistar International ( NAV), up 11.3%, S&W Seed Company ( SANW), up 8.0%, Omega Protein Corporation ( OME), up 7.8% and Coffee Holding Company ( JVA), up 7.7% , were all gainers within the consumer goods sector with Sensata Technologies Holding N.V ( ST) 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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