Terex Corp (TEX): 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.

Terex ( TEX) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Terex fell 96 cents (-4.2%) to $21.89 on heavy volume. Throughout the day, 6.4 million shares of Terex exchanged hands as compared to its average daily volume of 2.9 million shares. The stock ranged in price between $20.90-$21.99 after having opened the day at $21.80 as compared to the previous trading day's close of $22.85. Other companies within the Industrial industry that declined today were: China Valves Technology ( CVVT), down 9.3%, Wowjoint Holdings ( BWOW), down 9.1%, ZBB Energy Corporation ( ZBB), down 5.8%, and Dixie Group ( DXYN), down 4.9%.
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Terex Corporation manufactures capital goods machinery products worldwide. Terex has a market cap of $2.56 billion and is part of the industrial goods sector. The company has a P/E ratio of 18.7, above the average industrial industry P/E ratio of 18.1 and above the S&P 500 P/E ratio of 17.7. Shares are up 71.5% year to date as of the close of trading on Wednesday. Currently there are seven analysts that rate Terex a buy, no analysts rate it a sell, and nine 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, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the positive front, A123 Systems ( AONE), up 23.1%, Proto Labs ( PRLB), up 20.1%, GrafTech International ( GTI), up 14.6%, and Gardner Denver ( GDI), up 11.5%, were all gainers within the industrial industry with Emerson Electric ( EMR) 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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