SRCL, ETN And CAT, 3 Industrial Goods Stocks Pushing The Sector Lower

TheStreet highlights 3 stocks pushing the industrial goods sector lower today.
By TheStreet Wire ,

Two out of the three major indices are trading lower today with the

Dow Jones Industrial Average

(

^DJI

) trading down 22 points (-0.1%) at 17,716 as of Thursday, Nov. 19, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,449 issues advancing vs. 1,474 declining with 170 unchanged.

The Industrial Goods sector currently sits down 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the sector include

Spectrum Brands Holdings

(

SPB

), up 2.5%,

Rockwell Collins

(

COL

), up 1.3% and

Royal Philips

(

PHG

), up 1.1%.

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

3.

Stericycle

(

SRCL

) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Stericycle is down $1.36 (-1.1%) to $120.85 on light volume. Thus far, 324,088 shares of Stericycle exchanged hands as compared to its average daily volume of 974,700 shares. The stock has ranged in price between $120.70-$122.82 after having opened the day at $122.50 as compared to the previous trading day's close of $122.21.

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Stericycle, Inc., together with its subsidiaries, provides regulated and compliance solutions to the healthcare and commercial businesses. The company collects and processes specialized waste for disposal services. Stericycle has a market cap of $10.4 billion and is part of the materials & construction industry. Shares are down 6.8% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Stericycle a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Stericycle

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 deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full

Stericycle Ratings Report

now.

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2. As of noon trading,

Eaton

(

ETN

) is down $0.35 (-0.6%) to $56.53 on light volume. Thus far, 1.5 million shares of Eaton exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $56.35-$56.98 after having opened the day at $56.89 as compared to the previous trading day's close of $56.88.

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Eaton Corporation plc operates as a power management company worldwide. Eaton has a market cap of $25.7 billion and is part of the industrial industry. Shares are down 16.3% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Eaton a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates

Eaton

as a

buy

. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

Eaton Ratings Report

now.

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1. As of noon trading,

Caterpillar

(

CAT

) is down $0.87 (-1.2%) to $69.45 on average volume. Thus far, 2.9 million shares of Caterpillar exchanged hands as compared to its average daily volume of 7.4 million shares. The stock has ranged in price between $68.60-$69.79 after having opened the day at $69.50 as compared to the previous trading day's close of $70.32.

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Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Caterpillar has a market cap of $40.4 billion and is part of the industrial industry. Shares are down 23.2% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Caterpillar a buy, 1 analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates

Caterpillar

as a

hold

. Among the primary strengths of the company is its reasonable valuation levels, considering its current price compared to earnings, book value and other measures. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and poor profit margins. Get the full

Caterpillar Ratings Report

now.

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If you are interested in one of these 3 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

).

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