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

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.

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 $1.65 (-2.7%) to $59.53 on average volume. Throughout the day, 687,463 shares of Gardner Denver exchanged hands as compared to its average daily volume of 659,900 shares. The stock ranged in price between $59.08-$61.60 after having opened the day at $60.07 as compared to the previous trading day's close of $61.18. Other companies within the Industrial industry that declined today were: China Development Group Corporation ( CTDC), down 13.1%, ZBB Energy Corporation ( ZBB), down 10.9%, Wowjoint Holdings ( BWOW), down 10%, and China Valves Technology ( CVVT), down 8.7%.
  • ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.

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 $2.95 billion and is part of the industrial goods sector. The company has a P/E ratio of 10.9, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 21.9% year to date as of the close of trading on Thursday. Currently there are three analysts that rate Gardner Denver a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Gardner Denver as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, CUI Global ( CUI), up 12.5%, Edwards Group ( EVAC), up 10.6%, Clean Diesel Technologies ( CDTI), up 7.3%, and Highpower International ( HPJ), up 5.7%, were all gainers within the industrial industry with Parker Hannifin Corporation ( PH) 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).

FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.

If you liked this article you might like

Bluebird Bio Is Liked by Analysts, Cognizant Isn't

Gardner Denver Inc. Stock Buy Recommendation Reiterated (GDI)

3 Stocks Going Ex-Dividend Tomorrow: WRB, GDI, PLD

Gardner Denver Stock To Go Ex-dividend Tomorrow (GDI)

Gardner Denver Inc. Stock Buy Recommendation Reiterated (GDI)