The industrial goods sector closed the day up 2.3%. China Infrastructure Investment Corporation ( CIIC), Clean Diesel Technologies Inc ( CDTI), Bonso Electronics International Inc ( BNSO), and Astrotech ( ASTC) were all decliners today within the industrial goods sector with Mohawk Industries Inc ( MHK) being today's featured industrial goods loser. Mohawk Industries Inc fell 88 cents (-1.8%) to $48.85 on average volume. Throughout the day, 791,283 shares of Mohawk Industries Inc exchanged hands as compared to its average daily volume of 799,200 shares. Mohawk Industries, Inc., together with its subsidiaries, engages in the production and sale of floor covering products for residential and commercial applications primarily in the United States and Europe. The company operates through three segments: Mohawk, Dal-Tile, and Unilin. Mohawk Industries Inc has a market cap of $3.4 billion and is part of the industrial industry. The company has a P/E ratio of 19, below the average industrial industry P/E ratio of 19.3 and above the S&P 500 P/E ratio of 17.7. Shares are down 12.4% year to date as of the close of trading on Tuesday. TheStreet Ratings rates Mohawk as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself.
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