Pall Corporation (PLL): Today's Featured Industrial Laggard

Pall Corporation was a leading decliner within the industrial industry, falling $3.14 (-4.9%) to $60.81 on heavy volume.
By TheStreet Wire ,

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

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Pall Corporation

(

PLL

) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Pall Corporation fell $3.14 (-4.9%) to $60.81 on heavy volume. Throughout the day, two million shares of Pall Corporation exchanged hands as compared to its average daily volume of 714,600 shares. The stock ranged in price between $59.82-$63.04 after having opened the day at $62.62 as compared to the previous trading day's close of $63.95. Other companies within the Industrial industry that declined today were:

Renewable Energy Trade Board

(

EBOD

), down 12.2%,

Art's-Way Manufacturing

(

ARTW

), down 9.2%,

Skullcandy

(

SKUL

), down 8.7%, and

Wowjoint Holdings

(

BWOW

), down 8%.

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Pall Corporation engages in manufacturing and marketing filtration, purification, and separation products and integrated systems solutions worldwide. Pall Corporation has a market cap of $7.39 billion and is part of the industrial goods sector. The company has a P/E ratio of 27, above the S&P 500 P/E ratio of 17.7. Shares are up 12.9% year to date as of the close of trading on Friday. Currently there are three analysts that rate Pall Corporation a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates Pall Corporation 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, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front,

Fuelcell Energy

(

FCEL

), up 13.2%,

Generac Holdings

(

GNRC

), up 12.4%,

Bonso Electronics International

(

BNSO

), up 8.6%, and

eMagin Corporation

(

EMAN

), up 7.6%, were all gainers within the industrial industry with

Emerson Electric

(

EMR

) being today's featured industrial industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider

SPDR Dow Jones Industrial Average

(

DIA

) while those bearish on the industrial industry could consider

ProShares UltraShort Industrials

(

SIJ

).

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