Lufkin Industries (NASDAQ: LUFK) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $88.30 as of 9:35 a.m. ET, the dividend yield is 0.6%. The average volume for Lufkin Industries has been 991,800 shares per day over the past 30 days. Lufkin Industries has a market cap of $3.0 billion and is part of the energy industry. Shares are up 51.9% year to date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more. Lufkin Industries, Inc. manufactures and supplies oilfield and power transmission products for use in energy infrastructure and industrial applications. The company operates through two segments, Oil Field and Power Transmission. The company has a P/E ratio of 33.07. TheStreet Ratings rates Lufkin Industries as a buy. 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, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Lufkin Industries Ratings Report now.
- See our top-yielding stocks list.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts