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 Electronics industry as a whole closed the day down 1.5% versus the S&P 500, which was down 1.3%. Laggards within the Electronics industry included

LGL Group

(

LGL

), down 8.2%,

Digital Power

(

DPW

), down 5.5%,

Forward Industries

(

FORD

), down 2.8%,

Trio-Tech International

(

TRT

), down 3.6% and

IEC Electronics

(

IEC

), down 2.6%.

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

ASML

(

ASML

) is one of the companies that pushed the Electronics industry lower today. ASML was down $2.20 (2.1%) to $103.94 on heavy volume. Throughout the day, 1,011,859 shares of ASML exchanged hands as compared to its average daily volume of 669,500 shares. The stock ranged in price between $103.81-$106.26 after having opened the day at $105.95 as compared to the previous trading day's close of $106.14.

ASML Holding N.V. designs, manufactures, markets, and services semiconductor processing equipment used in the fabrication of intercircuits worldwide. ASML has a market cap of $45.7 billion and is part of the technology sector. Shares are down 1.6% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate ASML a buy, 1 analyst rates it a sell, and 3 rate it a hold.

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TheStreet Ratings rates

ASML

as a

buy

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

Highlights from TheStreet Ratings analysis on ASML go as follows:

  • ASML's debt-to-equity ratio is very low at 0.15 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.39, which illustrates the ability to avoid short-term cash problems.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Semiconductors & Semiconductor Equipment industry and the overall market on the basis of return on equity, ASML HOLDING NV has underperformed in comparison with the industry average, but has exceeded that of the S&P 500.
  • ASML HOLDING NV 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. Stable earnings per share over the past year indicate the company has sound management over its earnings and share float. We anticipate these figures will begin to experience more growth in the coming year. During the past fiscal year, ASML HOLDING NV increased its bottom line by earning $3.28 versus $3.27 in the prior year. This year, the market expects an improvement in earnings ($4.16 versus $3.28).
  • 48.05% is the gross profit margin for ASML HOLDING NV which we consider to be strong. Regardless of ASML's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 20.39% trails the industry average.

You can view the full analysis from the report here:

ASML Ratings Report

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At the close,

IEC Electronics

(

IEC

) was down $0.12 (2.6%) to $4.48 on average volume. Throughout the day, 8,905 shares of IEC Electronics exchanged hands as compared to its average daily volume of 9,600 shares. The stock ranged in price between $4.48-$4.66 after having opened the day at $4.58 as compared to the previous trading day's close of $4.60.

IEC Electronics Corp. provides electronic contract manufacturing services to advanced technology companies in the United States. IEC Electronics has a market cap of $47.0 million and is part of the technology sector. Shares are down 3.2% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate IEC Electronics a buy, no analysts rate it a sell, and none rate it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates

IEC Electronics

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and poor profit margins.

Highlights from TheStreet Ratings analysis on IEC go as follows:

  • The debt-to-equity ratio of 1.03 is relatively high when compared with the industry average, suggesting a need for better debt level management. Along with the unfavorable debt-to-equity ratio, IEC maintains a poor quick ratio of 0.92, which illustrates the inability to avoid short-term cash problems.
  • The gross profit margin for IEC ELECTRONICS CORP is currently extremely low, coming in at 14.01%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -1.24% is significantly below that of the industry average.
  • 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 Electronic Equipment, Instruments & Components industry and the overall market, IEC ELECTRONICS CORP's return on equity significantly trails that of both the industry average and the S&P 500.
  • IEC, with its decline in revenue, slightly underperformed the industry average of 0.6%. Since the same quarter one year prior, revenues slightly dropped by 8.8%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • Net operating cash flow has significantly increased by 254.41% to $5.06 million when compared to the same quarter last year. In addition, IEC ELECTRONICS CORP has also vastly surpassed the industry average cash flow growth rate of 31.41%.

You can view the full analysis from the report here:

IEC Electronics 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.

LGL Group

(

LGL

) was another company that pushed the Electronics industry lower today. LGL Group was down $0.34 (8.2%) to $3.80 on light volume. Throughout the day, 1,450 shares of LGL Group exchanged hands as compared to its average daily volume of 3,400 shares. The stock ranged in price between $3.80-$3.80 after having opened the day at $3.80 as compared to the previous trading day's close of $4.14.

The LGL Group, Inc., through its subsidiaries, designs, manufactures, and markets standard and custom-engineered electronic components in the United States and internationally. LGL Group has a market cap of $10.7 million and is part of the technology sector. Shares are up 15.6% year-to-date as of the close of trading on Thursday.

TheStreet Ratings rates

LGL Group

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Highlights from TheStreet Ratings analysis on LGL go as follows:

  • Net operating cash flow has significantly decreased to -$0.52 million or 316.73% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • LGL's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 29.35%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Electronic Equipment, Instruments & Components industry and the overall market, LGL GROUP INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • LGL GROUP INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, LGL GROUP INC reported poor results of -$3.16 versus -$0.51 in the prior year.
  • LGL, with its decline in revenue, slightly underperformed the industry average of 0.6%. Since the same quarter one year prior, revenues slightly dropped by 8.5%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.

You can view the full analysis from the report here:

LGL Group 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.