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Mohawk Industries and More Big Movers in Consumer Cyclical on November 26, 2012

November 26, 2012 | Filed Under »
Tickers in this Article » DECK, MOV, WPRT, WSM, FOSL, MHK, PII
The market is having a bad day so far: the Nasdaq is trading down 0.4%; the S&P 500 is down 0.7%; and the Dow has slipped 0.8%. The consumer cyclical sector is a category of stocks that relies heavily on the business cycle and economic conditions. Consumer cyclicals include industries such as automotive, housing, entertainment and retail. The category can be further divided into durable and non-durable sections. Durable cyclicals include physical goods such as hardware or vehicles, while non-durables represent items like movies or hotel services. The performance of consumer cyclicals is highly related to the state of the economy. They represent goods and services that are not considered necessities, but luxurious purchases. During contractions or recessions, people have less disposable income to spend on consumer cyclicals. When the economy is expanding or booming, the sales of these goods rise as retail and leisure spending increase.

The Consumer Cyclical sector (XLY) is currently lagging behind the overall market, down 0.8%, and its current biggest movers are:
CompanyMarket CapPercentage Change
Deckers (Nasdaq:DECK)$1.17 billion+4.6%
Movado Group (NYSE:MOV)$804.6 million-3.4%
Westport Innovations Inc (Nasdaq:WPRT)$1.4 billion+2.6%
Williams-Sonoma (NYSE:WSM)$4.48 billion-2.1%
Fossil (Nasdaq:FOSL)$5.17 billion-2%
Mohawk Industries (NYSE:MHK)$6.02 billion-1.9%
Polaris Industries (NYSE:PII)$5.8 billion-1.9%
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After rising 4.6%, Deckers (Nasdaq:DECK) is currently trading at a share price of $34.59. At 2.1 million shares, the company's volume so far today is 1.3 times the current daily average.

Movado Group (NYSE:MOV) has decreased to $30.91 per share, a 3.4% fall. The company's volume is currently 47,363 shares.

Westport Innovations Inc (Nasdaq:WPRT) has risen 2.6% and is currently trading at $26.05 per share. So far today, the company's volume is 304,285 shares, 0.3 times its average over the past three months.

At $44.54, Williams-Sonoma (NYSE:WSM) has slipped 2.1%. So far today, the company's volume is 197,707 shares.

Fossil (Nasdaq:FOSL) is currently trading at a share price of $84.48, a 2% decline. The company's volume is currently 207,560 shares for the day, 0.3 times its current daily average.

Falling 1.9%, Mohawk Industries (NYSE:MHK) is currently at a share price of $85.44. So far today, the company's volume is 117,319 shares. This is on pace to reach yesterday's trading volume of 206,410 shares.

Polaris Industries (NYSE:PII) is trading at $82.43 per share, down 1.9%. At 211,570 shares, the company's volume so far today is 0.2 times the current three-month average.

The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. Daily stock performance should be weighed against historical performance and put in context of the market overall. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

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