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DRC, TS And DE, Pushing Industrial Industry Downward

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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 14 points (-0.1%) at 16,140 as of Tuesday, Feb. 18, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 2,063 issues advancing vs. 873 declining with 164 unchanged.

The Industrial industry currently sits up 0.8% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Emerson Electric ( EMR), down 0.8%, and Roper Industries ( ROP), down 0.7%. Top gainers within the industry include Nidec Corporation ( NJ), up 2.8%, Dover Corporation ( DOV), up 1.1% and Royal Philips ( PHG), up 1.1%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Dresser-Rand Group ( DRC) is one of the companies pushing the Industrial industry lower today. As of noon trading, Dresser-Rand Group is down $4.55 (-7.8%) to $54.15 on heavy volume. Thus far, 4.1 million shares of Dresser-Rand Group exchanged hands as compared to its average daily volume of 759,700 shares. The stock has ranged in price between $51.46-$54.35 after having opened the day at $53.40 as compared to the previous trading day's close of $58.70.

2 segments: New parts (generally 50% of sales, 25% of EBIT). Around 13-15 months of typical turnaround. Around 25% market share, says 10K. Aftermarket (generally 50% of sales, 75% of EBIT). Aftermarket sales are tied to installed base, so less cycle sensitive. 3-4 months turnaround. Dresser-Rand Group has a market cap of $4.5 billion and is part of the industrial goods sector. Shares are down 1.6% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate Dresser-Rand Group a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Dresser-Rand Group as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity and compelling growth in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Dresser-Rand Group Ratings Report now.

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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