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.

The Automotive industry as a whole closed the day down 0.7% versus the S&P 500, which was up 0.1%. Laggards within the Automotive industry included

Marine Products

(

MPX

), down 2.4%,

UQM Technologies

(

UQM

), down 4.0%,

Miller Industries

(

MLR

), down 1.8%,

China Automotive Systems

(

CAAS

), down 3.8% and

Shiloh Industries

(

SHLO

), down 1.7%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

Miller Industries

(

MLR

) is one of the companies that pushed the Automotive industry lower today. Miller Industries was down $0.37 (1.8%) to $19.91 on light volume. Throughout the day, 18,629 shares of Miller Industries exchanged hands as compared to its average daily volume of 28,800 shares. The stock ranged in price between $19.86-$20.49 after having opened the day at $20.42 as compared to the previous trading day's close of $20.28.

Miller Industries, Inc. manufactures and sells vehicle towing and recovery equipment. Miller Industries has a market cap of $224.8 million and is part of the consumer goods sector. Shares are up 8.9% year-to-date as of the close of trading on Wednesday.

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TheStreet Ratings rates

Miller Industries

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, compelling growth in net income, increase in stock price during the past year and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

Highlights from TheStreet Ratings analysis on MLR go as follows:

  • The revenue growth came in higher than the industry average of 6.2%. Since the same quarter one year prior, revenues rose by 22.6%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • MLR has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. To add to this, MLR has a quick ratio of 1.93, which demonstrates the ability of the company to cover short-term liquidity needs.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Machinery industry. The net income increased by 78.2% when compared to the same quarter one year prior, rising from $1.33 million to $2.37 million.
  • Compared to where it was a year ago today, the stock is now trading at a higher level, reflecting both the market's overall trend during that period and the fact that the company's earnings growth has been robust. Looking ahead, the stock's rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that the other strengths this company displays justify these higher price levels.
  • MILLER INDUSTRIES INC/TN reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. Stable Earnings per share over the past year indicate the company has sound management over its earnings and share float. During the past fiscal year, MILLER INDUSTRIES INC/TN's EPS of $0.82 remained unchanged from the prior years' EPS of $0.82.

TST Recommends

You can view the full analysis from the report here:

Miller Industries 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.

At the close,

UQM Technologies

(

UQM

) was down $0.08 (4.0%) to $1.89 on average volume. Throughout the day, 263,171 shares of UQM Technologies exchanged hands as compared to its average daily volume of 268,600 shares. The stock ranged in price between $1.87-$2.02 after having opened the day at $1.95 as compared to the previous trading day's close of $1.97.

UQM Technologies, Inc. develops, manufactures, and sells electric motors, generators, and power electronic controllers in the United States and internationally. UQM Technologies has a market cap of $80.9 million and is part of the consumer goods sector. Shares are down 7.9% year-to-date as of the close of trading on Wednesday.

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TheStreet Ratings rates

UQM Technologies

as a

sell

. The area that we feel has been the company's primary weakness has been its declining revenues.

Highlights from TheStreet Ratings analysis on UQM go as follows:

  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Auto Components industry and the overall market, UQM TECHNOLOGIES INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • UQM, with its decline in revenue, underperformed when compared the industry average of 3.5%. Since the same quarter one year prior, revenues fell by 23.1%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • Net operating cash flow has slightly increased to -$1.20 million or 4.30% when compared to the same quarter last year. Despite an increase in cash flow, UQM TECHNOLOGIES INC's cash flow growth rate is still lower than the industry average growth rate of 31.83%.
  • The gross profit margin for UQM TECHNOLOGIES INC is currently very high, coming in at 80.67%. It has increased significantly from the same period last year. Regardless of the strong results of the gross profit margin, the net profit margin of -66.76% is in-line with the industry average.
  • UQM has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 6.00, which clearly demonstrates the ability to cover short-term cash needs.

You can view the full analysis from the report here:

UQM Technologies 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.

Marine Products

(

MPX

) was another company that pushed the Automotive industry lower today. Marine Products was down $0.22 (2.4%) to $8.74 on light volume. Throughout the day, 14,165 shares of Marine Products exchanged hands as compared to its average daily volume of 19,400 shares. The stock ranged in price between $8.62-$9.00 after having opened the day at $8.97 as compared to the previous trading day's close of $8.95.

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats in the sportboat, deckboat, cruiser, sport yacht, and sport fishing markets worldwide. Marine Products has a market cap of $301.1 million and is part of the consumer goods sector. Shares are down 10.9% year-to-date as of the close of trading on Wednesday. Currently there are no analysts who rate Marine Products a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Marine Products

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, compelling growth in net income, growth in earnings per share and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

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Highlights from TheStreet Ratings analysis on MPX go as follows:

  • MPX's revenue growth has slightly outpaced the industry average of 1.5%. Since the same quarter one year prior, revenues slightly increased by 7.7%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • MPX has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.07, which illustrates the ability to avoid short-term cash problems.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Leisure Equipment & Products industry. The net income increased by 36.5% when compared to the same quarter one year prior, rising from $1.45 million to $1.98 million.
  • MARINE PRODUCTS CORP has improved earnings per share by 25.0% in the most recent quarter compared to the same quarter a year ago. Stable earnings per share over the past two years indicate the company has sound management over its earnings and share float. We anticipate the company beginning to experience more growth in the coming year. During the past fiscal year, MARINE PRODUCTS CORP's EPS of $0.19 remained unchanged from the prior years' EPS of $0.19. This year, the market expects an improvement in earnings ($0.25 versus $0.19).
  • Net operating cash flow has increased to $9.33 million or 38.89% when compared to the same quarter last year. Despite an increase in cash flow of 38.89%, MARINE PRODUCTS CORP is still growing at a significantly lower rate than the industry average of 706.71%.

You can view the full analysis from the report here:

Marine Products 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.