Terex Corp (TEX): Today's Featured Industrial Laggard
(
) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Terex fell $0.68 (-2.4%) to $27.40 on average volume. Throughout the day, 1,965,368 shares of Terex exchanged hands as compared to its average daily volume of 2,574,100 shares. The stock ranged in price between $27.30-$28.41 after having opened the day at $28.10 as compared to the previous trading day's close of $28.08. Other companies within the Industrial industry that declined today were:
China Recycling Energy Corporation
(
), down 8.9%,
(
), down 5.4%,
(
), down 4.3% and
(
), down 3.9%.
Terex Corporation operates as an equipment manufacturer of specialized machinery products. Terex has a market cap of $3.0 billion and is part of the industrial goods sector. Shares are down 2.6% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Terex a buy, no analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Terex
as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.
- You can view the full Terex Ratings Report.
On the positive front,
(
), up 9.1%,
(
), up 7.2%,
(
), up 6.6% and
(
), up 6.5% , were all gainers within the industrial industry with
(
) being today's featured industrial industry leader.
- Use our industrial section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
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
(
) while those bearish on the industrial industry could consider
ProShares UltraShort Industrials
(
).
- Find other investment ideas from our top rated ETFs lists.
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