Terex Corp (TEX): Today's Featured Industrial Goods Loser

Terex ( TEX) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods loser. The sector as a whole closed the day up 0.6%. By the end of trading, Terex fell 36 cents (-2.2%) to $16.02 on average volume. Throughout the day, 4.2 million shares of Terex exchanged hands as compared to its average daily volume of 4.4 million shares. The stock ranged in price between $15.92-$16.81 after having opened the day at $16.21 as compared to the previous trading day's close of $16.38. Other company's within the Industrial Goods sector that declined today were: Valence Technology ( VLNC), down 50%, Nobility Homes ( NOBH), down 19.1%, A123 Systems ( AONE), down 9.1%, and NF Energy Saving ( NFEC), down 8.7%.

Terex Corporation manufactures capital goods machinery products worldwide. Terex has a market cap of $1.83 billion and is part of the industrial industry. The company has a P/E ratio of 33.9, above the average industrial industry P/E ratio of 32.5 and above the S&P 500 P/E ratio of 17.7. Shares are up 22.8% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate Terex a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Terex as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally poor debt management and weak operating cash flow.

On the positive front, China BAK Battery ( CBAK), up 13.4%, AAR ( AIR), up 11.7%, Ecotality ( ECTY), up 8.3%, and Mueller Water Products ( MWA), up 8.1%, were all gainers within the industrial goods sector with Lockheed Martin Corporation ( LMT) being today's featured industrial goods sector winner.

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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