Terex Corp (TEX): Today's Featured Industrial Goods 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.

Terex ( TEX) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.1%. By the end of trading, Terex rose 46 cents (2.1%) to $22.45 on light volume. Throughout the day, 1.9 million shares of Terex exchanged hands as compared to its average daily volume of 2.6 million shares. The stock ranged in a price between $21.61-$22.85 after having opened the day at $21.62 as compared to the previous trading day's close of $21.99. Other companies within the Industrial Goods sector that increased today were: Hallwood Group ( HWG), up 68.6%, Renewable Energy Trade Board ( EBOD), up 11.7%, India Globalization Capital ( IGC), up 10.2%, and eMagin Corporation ( EMAN), up 8.7%.
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Terex Corporation manufactures capital goods machinery products worldwide. Terex has a market cap of $2.48 billion and is part of the industrial industry. The company has a P/E ratio of 19.3, above the S&P 500 P/E ratio of 17.7. Shares are up 66% year to date as of the close of trading on Thursday. 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 revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins.

On the negative front, Adept Technology ( ADEP), down 24.1%, Intellicheck Mobilisa ( IDN), down 19.2%, Xinyuan Real Estate ( XIN), down 12.7%, and Metalico ( MEA), down 9.5%, were all laggards within the industrial goods sector with Toll Brothers ( TOL) being today's industrial goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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