3 Consumer Goods Stocks Pushing The Sector Higher

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All three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 16,756 as of Friday, June 13, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,626 issues advancing vs. 1,329 declining with 172 unchanged.

The Consumer Goods sector as a whole closed the day down 0.2% versus the S&P 500, which was up 0.2%. Top gainers within the Consumer Goods sector included Virco Manufacturing ( VIRC), up 4.8%, Koss ( KOSS), up 1.6%, China Shengda Packaging Group ( CPGI), up 5.3%, Crystal Rock Holdings ( CRVP), up 2.3% and Crumbs Bake Shop ( CRMB), up 3.5%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the sector higher today:

Crumbs Bake Shop ( CRMB) is one of the companies that pushed the Consumer Goods sector higher today. Crumbs Bake Shop was up $0.01 (3.5%) to $0.30 on light volume. Throughout the day, 81,133 shares of Crumbs Bake Shop exchanged hands as compared to its average daily volume of 133,500 shares. The stock ranged in a price between $0.26-$0.32 after having opened the day at $0.32 as compared to the previous trading day's close of $0.29.

Crumbs Bake Shop, Inc. sells various cupcakes, cakes, cookies, and other baked goods under the trade name of Crumbs Bake Shop. It also sells hot and cold beverages. The company offers its products through company-operated stores, as well as through its Website crumbs.com. Crumbs Bake Shop has a market cap of $3.8 million and is part of the consumer non-durables industry. Shares are down 62.8% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate Crumbs Bake Shop a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates Crumbs Bake Shop as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself.

Highlights from TheStreet Ratings analysis on CRMB go as follows:

  • CRMB's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 77.78%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • CRUMBS BAKE SHOP INC has improved earnings per share by 14.3% in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, CRUMBS BAKE SHOP INC reported poor results of -$1.31 versus -$0.91 in the prior year.
  • The gross profit margin for CRUMBS BAKE SHOP INC is rather high; currently it is at 52.88%. Regardless of CRMB's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, CRMB's net profit margin of -42.65% significantly underperformed when compared to the industry average.
  • The net income growth from the same quarter one year ago has exceeded that of the Food & Staples Retailing industry average, but is less than that of the S&P 500. The net income increased by 9.7% when compared to the same quarter one year prior, going from -$5.36 million to -$4.84 million.
  • Net operating cash flow has increased to -$0.54 million or 48.36% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 11.79%.

You can view the full analysis from the report here: Crumbs Bake Shop Ratings Report

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