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.
) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Joy Global fell $2.34 (-4.1%) to $55.10 on average volume. Throughout the day, 2,005,598 shares of Joy Global exchanged hands as compared to its average daily volume of 1,512,200 shares. The stock ranged in price between $54.81-$57.24 after having opened the day at $57.22 as compared to the previous trading day's close of $57.44. Other companies within the Industrial industry that declined today were:
), down 9.6%,
), down 7.8%,
), down 5.7% and
), down 5.3%.
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Joy Global Inc. manufactures and services mining equipment for the extraction of coal, copper, iron ore, oil sands, gold, and other minerals. It operates in two segments, Underground Mining Machinery and Surface Mining Equipment. Joy Global has a market cap of $5.7 billion and is part of the industrial goods sector. Shares are down 1.8% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Joy Global a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and poor profit margins.
- You can view the full Joy Global Ratings Report.
On the positive front,
), up 23.8%,
), up 17.6%,
), up 16.6% and
), up 9.7% , were all gainers within the industrial industry with
) being today's featured industrial industry leader.
- Use our industrial section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider
) while those bearish on the industrial industry could consider
- Find other investment ideas from our top rated ETFs lists.