3 Stocks Pushing The Consumer Non-Durables Industry Lower

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.

The Consumer Non-Durables industry as a whole closed the day up 0.1% versus the S&P 500, which was unchanged. Laggards within the Consumer Non-Durables industry included Ever-Glory International Group ( EVK), down 2.9%, Swisher Hygiene ( SWSH), down 5.4%, Joe's Jeans ( JOEZ), down 3.7%, EveryWare Global ( EVRY), down 3.9% and Summer Infant ( SUMR), down 1.8%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

EveryWare Global ( EVRY) is one of the companies that pushed the Consumer Non-Durables industry lower today. EveryWare Global was down $0.04 (3.9%) to $1.00 on light volume. Throughout the day, 52,850 shares of EveryWare Global exchanged hands as compared to its average daily volume of 286,700 shares. The stock ranged in price between $1.00-$1.03 after having opened the day at $1.01 as compared to the previous trading day's close of $1.04.

EveryWare Global has a market cap of $23.4 million and is part of the services sector. Shares are down 87.4% year-to-date as of the close of trading on Monday.

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At the close, Joe's Jeans ( JOEZ) was down $0.02 (3.7%) to $0.65 on average volume. Throughout the day, 316,504 shares of Joe's Jeans exchanged hands as compared to its average daily volume of 280,700 shares. The stock ranged in price between $0.63-$0.68 after having opened the day at $0.67 as compared to the previous trading day's close of $0.67.

Joe's Jeans Inc. designs, develops, and markets apparel products in the United States. It operates through two segments, Wholesale and Retail. The company provides women's and men's denim jeans, pants, shirts, sweaters, jackets, and other apparel products. Joe's Jeans has a market cap of $46.4 million and is part of the services sector. Shares are down 39.1% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Joe's Jeans a buy, no analysts rate it a sell, and 1 rates it a hold.

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TheStreet Ratings rates Joe's Jeans as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and weak operating cash flow.

Highlights from TheStreet Ratings analysis on JOEZ go as follows:

  • Currently the debt-to-equity ratio of 1.61 is quite high overall and when compared to the industry average, suggesting that the current management of debt levels should be re-evaluated. Along with the unfavorable debt-to-equity ratio, JOEZ maintains a poor quick ratio of 0.73, which illustrates the inability to avoid short-term cash problems.
  • Net operating cash flow has significantly decreased to -$2.41 million or 210.92% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Textiles, Apparel & Luxury Goods industry and the overall market, JOE'S JEANS INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • This stock's share value has moved by only 35.85% over the past year. 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.
  • JOE'S JEANS INC has shown no change in earnings for its most recently reported quarter when compared with the same quarter a year earlier. The company has reported a trend of declining earnings per share over the past two years. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, JOE'S JEANS INC swung to a loss, reporting -$0.11 versus $0.08 in the prior year. This year, the market expects an improvement in earnings ($0.03 versus -$0.11).

You can view the full analysis from the report here: Joe's Jeans Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Swisher Hygiene ( SWSH) was another company that pushed the Consumer Non-Durables industry lower today. Swisher Hygiene was down $0.13 (5.4%) to $2.28 on average volume. Throughout the day, 62,394 shares of Swisher Hygiene exchanged hands as compared to its average daily volume of 71,100 shares. The stock ranged in price between $2.28-$2.55 after having opened the day at $2.38 as compared to the previous trading day's close of $2.41.

Swisher Hygiene Inc. provides hygiene and sanitation solutions. It solutions include cleaning and sanitizing chemicals and restroom hygiene programs, as well as a range of related products and services. Swisher Hygiene has a market cap of $41.2 million and is part of the services sector. Shares are down 54.5% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Swisher Hygiene a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Swisher Hygiene as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Highlights from TheStreet Ratings analysis on SWSH go as follows:

  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Commercial Services & Supplies industry and the overall market, SWISHER HYGIENE INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • Looking at the price performance of SWSH's shares over the past 12 months, there is not much good news to report: the stock is down 56.08%, and it has underformed the S&P 500 Index. In addition, the company's earnings per share are lower today than the year-earlier 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.
  • SWISHER HYGIENE INC's earnings per share declined by 7.5% in the most recent quarter compared to the same quarter a year ago. The company has reported a trend of declining earnings per share over the past year. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, SWISHER HYGIENE INC reported poor results of -$8.50 versus -$4.60 in the prior year. This year, the market expects an improvement in earnings (-$2.47 versus -$8.50).
  • SWSH, with its decline in revenue, underperformed when compared the industry average of 8.3%. Since the same quarter one year prior, revenues slightly dropped by 9.8%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
  • The gross profit margin for SWISHER HYGIENE INC is rather high; currently it is at 54.01%. Regardless of SWSH's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, SWSH's net profit margin of -30.32% significantly underperformed when compared to the industry average.

You can view the full analysis from the report here: Swisher Hygiene Ratings Report

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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