Terex Corp (TEX): Today's Featured Industrial Laggard

Terex ( TEX) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Terex fell 38 cents (-1.7%) to $21.58 on light volume. Throughout the day, 2.8 million shares of Terex exchanged hands as compared to its average daily volume of 4.8 million shares. The stock ranged in price between $21.01-$21.99 after having opened the day at $21.80 as compared to the previous trading day's close of $21.96. Other companies within the Industrial industry that declined today were: THT Heat Transfer Technology ( THTI), down 17.1%, Highpower International ( HPJ), down 10.8%, Arotech Corporation ( ARTX), down 6.7%, and China Ming Yang Wind Power Group ( MY), down 6.6%.

Terex Corporation manufactures capital goods machinery products worldwide. Terex has a market cap of $2.35 billion and is part of the industrial goods sector. The company has a P/E ratio of 17.6, above the average industrial industry P/E ratio of 16.6 and equal to the S&P 500 P/E ratio of 17.7. Shares are up 62.5% year to date as of the close of trading on Friday. Currently there are eight analysts that rate Terex a buy, no analysts rate it a sell, and eight 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 and poor profit margins.

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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