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.

The Electronics industry as a whole closed the day down 1.7% versus the S&P 500, which was down 1.7%. Laggards within the Electronics industry included

ATRM Holdings

(

ATRM

), down 7.6%,

Aehr Test Systems

(

AEHR

), down 2.6%,

Trio-Tech International

(

TRT

), down 3.5%,

IEC Electronics

(

IEC

), down 1.5% and

Sevcon

(

SEV

), down 3.1%.

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

IEC Electronics

(

IEC

) is one of the companies that pushed the Electronics industry lower today. IEC Electronics was down $0.06 (1.5%) to $3.84 on light volume. Throughout the day, 4,086 shares of IEC Electronics exchanged hands as compared to its average daily volume of 8,200 shares. The stock ranged in price between $3.84-$3.91 after having opened the day at $3.87 as compared to the previous trading day's close of $3.90.

IEC Electronics Corp. provides electronic contract manufacturing services to advanced technology companies in the United States. IEC Electronics has a market cap of $40.5 million and is part of the technology sector. Shares are down 16.6% year-to-date as of the close of trading on Monday. 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, poor profit margins and generally disappointing historical performance in the stock itself.

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.
  • In its most recent trading session, IEC has closed at a price level that was not very different from its closing price of one year earlier. This is probably due to its weak earnings growth as well as other mixed factors. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
  • 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, underperformed when compared the industry average of 3.6%. 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.

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.

At the close,

Aehr Test Systems

(

AEHR

) was down $0.07 (2.6%) to $2.58 on average volume. Throughout the day, 7,937 shares of Aehr Test Systems exchanged hands as compared to its average daily volume of 9,900 shares. The stock ranged in price between $2.50-$2.63 after having opened the day at $2.63 as compared to the previous trading day's close of $2.65.

Aehr Test Systems designs, engineers, develops, manufactures, and sells test and burn-in equipment used in the semiconductor industry worldwide. Aehr Test Systems has a market cap of $32.9 million and is part of the technology sector. Shares are up 1.8% year-to-date as of the close of trading on Monday.

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

Aehr Test Systems

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins and weak operating cash flow.

Highlights from TheStreet Ratings analysis on AEHR go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Semiconductors & Semiconductor Equipment industry. The net income has significantly decreased by 1643.1% when compared to the same quarter one year ago, falling from $0.14 million to -$2.11 million.
  • The gross profit margin for AEHR TEST SYSTEMS is currently lower than what is desirable, coming in at 27.76%. It has decreased significantly from the same period last year. Along with this, the net profit margin of -80.84% is significantly below that of the industry average.
  • Net operating cash flow has significantly decreased to -$0.63 million or 337.64% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. Compared to other companies in the Semiconductors & Semiconductor Equipment industry and the overall market, AEHR TEST SYSTEMS's return on equity significantly trails that of both the industry average and the S&P 500.
  • The revenue fell significantly faster than the industry average of 10.7%. Since the same quarter one year prior, revenues fell by 47.2%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.

You can view the full analysis from the report here:

Aehr Test Systems 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.

ATRM Holdings

(

ATRM

) was another company that pushed the Electronics industry lower today. ATRM Holdings was down $0.26 (7.6%) to $3.14 on light volume. Throughout the day, 561 shares of ATRM Holdings exchanged hands as compared to its average daily volume of 4,400 shares. The stock ranged in price between $3.14-$3.17 after having opened the day at $3.17 as compared to the previous trading day's close of $3.40.

ATRM Holdings has a market cap of $4.0 million and is part of the technology sector. Shares are up 16.8% year-to-date as of the close of trading on Monday.

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