Cooper Tire & Rubber Co (CTB): 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.

Cooper Tire & Rubber ( CTB) 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 0.8%. By the end of trading, Cooper Tire & Rubber fell $0.32 (-1.3%) to $25.15 on average volume. Throughout the day, 859,176 shares of Cooper Tire & Rubber exchanged hands as compared to its average daily volume of 1,140,700 shares. The stock ranged in price between $24.93-$25.50 after having opened the day at $25.36 as compared to the previous trading day's close of $25.47. Other companies within the Consumer Non-Durables industry that declined today were: Summer Infant ( SUMR), down 6.4%, China XD Plastics ( CXDC), down 5.7%, American Apparel ( APP), down 4.0% and Vera Bradley ( VRA), down 2.9%.

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 has a market cap of $1.6 billion and is part of the consumer goods sector. The company has a P/E ratio of 14.3, below the S&P 500 P/E ratio of 17.7. Shares are up 6.2% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate Cooper Tire & Rubber a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Cooper Tire & Rubber 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, attractive valuation levels 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, Zuoan Fashion ( ZA), up 19.9%, Energizer Holdings ( ENR), up 14.3%, Iconix Brand Group ( ICON), up 6.7% and Mobile Mini ( MINI), up 6.4% , were all gainers within the consumer non-durables industry with Kimberly-Clark ( KMB) 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.

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