Manitowoc Co Inc (MTW): Today's Featured Industrial Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Manitowoc ( MTW) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole was unchanged today. By the end of trading, Manitowoc rose 21 cents (1.6%) to $13.55 on light volume. Throughout the day, 1.9 million shares of Manitowoc exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in a price between $13.23-$13.62 after having opened the day at $13.41 as compared to the previous trading day's close of $13.34. Other companies within the Industrial industry that increased today were: UQM Technologies ( UQM), up 16.7%, China Valves Technology ( CVVT), up 9.2%, Zoltek Companies ( ZOLT), up 8.1%, and Intellicheck Mobilisa ( IDN), up 7.6%.
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The Manitowoc Company, Inc. engages in the design, manufacture, and sale of cranes and related products, and foodservice equipment worldwide. It operates through two segments, Cranes and Related Products, and Foodservice Equipment. Manitowoc has a market cap of $1.76 billion and is part of the industrial goods sector. The company has a P/E ratio of 21.2, below the average industrial industry P/E ratio of 21.5 and above the S&P 500 P/E ratio of 17.7. Shares are up 45.2% year to date as of the close of trading on Monday. Currently there are seven analysts that rate Manitowoc a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Manitowoc as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, NF Energy Saving ( NFEC), down 16.1%, Tecumseh Products Company ( TECUB), down 9.7%, MKS Instruments ( MKSI), down 5.9%, and MRC Global ( MRC), down 4.7%, were all laggards within the industrial industry with Illinois Tool Works ( ITW) being today's industrial industry laggard.

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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