Gardner Denver Inc. (GDI): Today's Featured Industrial Laggard

Gardner Denver ( GDI) 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, Gardner Denver fell 30 cents (-0.6%) to $49.17 on average volume. Throughout the day, 1.1 million shares of Gardner Denver exchanged hands as compared to its average daily volume of 783,100 shares. The stock ranged in price between $49-$50.37 after having opened the day at $49.42 as compared to the previous trading day's close of $49.47. Other company's within the Industrial industry that declined today were: China Development Group Corporation ( CTDC), down 14%, Presstek ( PRST), down 7.8%, China Ming Yang Wind Power Group ( MY), down 6.9%, and Compx International ( CIX), down 6.6%.

Gardner Denver, Inc. designs, manufactures, and markets engineered industrial machinery and related parts and services primarily in North America, Europe, Asia, South America, Africa, and Australia. The company operates in two segments, Industrial Products Group and Engineered Products Group. Gardner Denver has a market cap of $2.42 billion and is part of the industrial goods sector. The company has a P/E ratio of 9.1, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 37.3% year to date as of the close of trading on Wednesday. Currently there are five analysts that rate Gardner Denver a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Gardner Denver 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, good cash flow from operations, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Snap-on ( SNA), up 9.6%, Columbus McKinnon Corporation ( CMCO), up 9.2%, Wowjoint Holdings ( BWOW), up 6%, and Skullcandy ( SKUL), up 5.3%, were all gainers within the industrial industry with Cummins ( CMI) being today's featured industrial industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).
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