EnerSys

(

ENS

) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day down 1.9%. By the end of trading, EnerSys rose $1.92 (6.1%) to $33.39 on heavy volume. Throughout the day, 1.1 million shares of EnerSys exchanged hands as compared to its average daily volume of 385,600 shares. The stock ranged in a price between $31.11-$33.47 after having opened the day at $31.38 as compared to the previous trading day's close of $31.47. Other companies within the Industrial Goods sector that increased today were:

Fuelcell Energy

(

FCEL

), up 9%,

India Globalization Capital

(

IGC

), up 9%,

THT Heat Transfer Technology

(

THTI

), up 6.6%, and

Fuel Tech

(

FTEK

), up 5.2%.

EnerSys manufactures, markets, and distributes industrial batteries in the Americas, Europe, and Asia. It also offers related products, such as chargers, power equipment, and battery accessories, as well as related after-market and customer-support services for industrial batteries. EnerSys has a market cap of $1.44 billion and is part of the

industrial

industry. The company has a P/E ratio of 10.3, below the average industrial industry P/E ratio of 11.6 and below the S&P 500 P/E ratio of 17.7. Shares are up 16.1% year to date as of the close of trading on Tuesday. Currently there are seven analysts that rate EnerSys a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates EnerSys 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, growth in earnings per share, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front,

Valence Technology

(

VLNC

), down 15.2%,

M/I Homes

(

MHO

), down 12.6%,

Daktronics

(

DAKT

), down 9.9%, and

China Ming Yang Wind Power Group

(

MY

), down 9.2%, were all losers within the industrial goods sector with

Cummins

(

CMI

) being today's industrial goods sector loser.

For investors not wanting singular stock exposure, 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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