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3 Industrial Goods Stocks Pushing The Sector Higher

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.

All three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 49 points (0.3%) at 16,867 as of Wednesday, June 25, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,840 issues advancing vs. 1,188 declining with 141 unchanged.

The Industrial Goods sector as a whole closed the day up 0.4% versus the S&P 500, which was up 0.5%. Top gainers within the Industrial Goods sector included American DG Energy ( ADGE), up 1.9%, Continental Materials ( CUO), up 3.4%, Ultralife Batteries ( ULBI), up 2.0%, Integrated Electrical Services ( IESC), up 4.5% and Guanwei Recycling ( GPRC), up 9.3%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the sector higher today:

Guanwei Recycling ( GPRC) is one of the companies that pushed the Industrial Goods sector higher today. Guanwei Recycling was up $0.13 (9.3%) to $1.52 on average volume. Throughout the day, 116,593 shares of Guanwei Recycling exchanged hands as compared to its average daily volume of 84,400 shares. The stock ranged in a price between $1.39-$1.57 after having opened the day at $1.40 as compared to the previous trading day's close of $1.39.

Guanwei Recycling Corp. manufactures and distributes low density polyethylene (LDPE) and other recycled plastics products primarily in the People's Republic of China and internationally. Guanwei Recycling has a market cap of $14.5 million and is part of the industrial industry. Shares are down 51.7% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Guanwei Recycling a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates Guanwei Recycling as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself.

Highlights from TheStreet Ratings analysis on GPRC go as follows:

  • GUANWEI RECYCLING CORP has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. During the past fiscal year, GUANWEI RECYCLING CORP reported lower earnings of $0.93 versus $1.13 in the prior year.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Commercial Services & Supplies industry. The net income has significantly decreased by 68.0% when compared to the same quarter one year ago, falling from $2.37 million to $0.76 million.
  • 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. When compared to other companies in the Commercial Services & Supplies industry and the overall market, GUANWEI RECYCLING CORP's return on equity is below that of both the industry average and the S&P 500.
  • The gross profit margin for GUANWEI RECYCLING CORP is rather low; currently it is at 16.86%. It has decreased significantly from the same period last year. Along with this, the net profit margin of 6.41% trails that of the industry average.
  • In its most recent trading session, GPRC has closed at a price level that was not very different from its closing price of one year earlier. This is probably due to its weak earnings growth as well as other mixed factors. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.

You can view the full analysis from the report here: Guanwei Recycling 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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