5 Stocks Pushing The Industrial Goods Sector Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

The Dow Jones Industrial Average (^DJI) steady at 13,953 as of Wednesday, Jan. 30, 2013, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,129 issues advancing vs. 1,699 declining with 163 unchanged.

The Industrial Goods sector currently sits down 0.4% versus the S&P 500, which is down 0.0%. On the negative front, top decliners within the sector include DR Horton (DHI), down 2.1%, Weyerhaeuser (WY), down 2.4%, Lennar Corporation (LEN), down 1.8%, Quanta Services (PWR), down 1.6% and Plum Creek Timber (PCL), down 1.6%. Top gainers within the sector include Koninklijke Philips Electronics (PHG), up 3.1%, Makita (MKTAY), up 2.8%, Nidec Corporation (NJ), up 2.3% and James Hardie Industries (JHX), up 2.2%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today:

5. McDermott International (MDR) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, McDermott International is down $0.56 (-4.4%) to $12.12 on heavy volume Thus far, 4.5 million shares of McDermott International exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $12.07-$12.67 after having opened the day at $12.62 as compared to the previous trading day's close of $12.68.

McDermott International, Inc. operates as an engineering, procurement, construction, and installation (EPCI) company worldwide. It focuses on designing and executing complex offshore oil and gas projects. McDermott International has a market cap of $3.0 billion and is part of the materials & construction industry. The company has a P/E ratio of 16.6, below the S&P 500 P/E ratio of 17.7. Shares are up 17.8% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate McDermott International a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates McDermott International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. Get the full McDermott International Ratings Report now.

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4. As of noon trading, Vulcan Materials Company (VMC) is down $1.40 (-2.4%) to $57.34 on light volume Thus far, 265,890 shares of Vulcan Materials Company exchanged hands as compared to its average daily volume of 758,000 shares. The stock has ranged in price between $57.33-$58.79 after having opened the day at $58.73 as compared to the previous trading day's close of $58.74.

Vulcan Materials Company engages in the production and sale of construction aggregates, as well as asphalt mix, ready-mixed concrete, and cement primarily in the United States. The company operates in four segments: Aggregates, Concrete, Asphalt Mix, and Cement. Vulcan Materials Company has a market cap of $7.4 billion and is part of the materials & construction industry. Shares are up 9.2% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Vulcan Materials Company a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Vulcan Materials Company as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and poor profit margins. Get the full Vulcan Materials Company Ratings Report now.

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3. As of noon trading, Pentair (PNR) is down $0.59 (-1.2%) to $50.76 on average volume Thus far, 1.1 million shares of Pentair exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $49.78-$51.37 after having opened the day at $51.20 as compared to the previous trading day's close of $51.35.

Pentair Ltd. delivers products, services, and solutions for water and other fluids, thermal management, and equipment protection in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region. Pentair has a market cap of $11.1 billion and is part of the industrial industry. The company has a P/E ratio of 211.3, above the S&P 500 P/E ratio of 17.7. Shares are up 7.5% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Pentair a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Pentair as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Pentair Ratings Report now.

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2. As of noon trading, Lockheed Martin Corporation (LMT) is down $0.72 (-0.8%) to $89.13 on average volume Thus far, 1.2 million shares of Lockheed Martin Corporation exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $88.86-$89.98 after having opened the day at $89.92 as compared to the previous trading day's close of $89.85.

Lockheed Martin Corporation engages in the research, design, development, manufacture, integration, operation, and sustainment of advanced technology systems and products in the United States and internationally. Lockheed Martin Corporation has a market cap of $28.9 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 10.7, below the S&P 500 P/E ratio of 17.7. Shares are down 3.2% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Lockheed Martin Corporation a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Lockheed Martin Corporation as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and weak operating cash flow. Get the full Lockheed Martin Corporation Ratings Report now.

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1. As of noon trading, Danaher Corporation (DHR) is down $0.65 (-1.1%) to $60.35 on average volume Thus far, 1.3 million shares of Danaher Corporation exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $60.22-$60.90 after having opened the day at $60.83 as compared to the previous trading day's close of $61.00.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services primarily in North America, Europe, and Asia/Australia. Danaher Corporation has a market cap of $42.1 billion and is part of the industrial industry. The company has a P/E ratio of 19.3, above the S&P 500 P/E ratio of 17.7. Shares are up 8.6% year to date as of the close of trading on Tuesday. Currently there are 15 analysts that rate Danaher Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Danaher Corporation as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Danaher Corporation Ratings Report now.

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If you are interested in one of these 4 stocks, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR (XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 (DOG).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

 

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