5 Stocks Pushing The Industrial Goods Sector Lower

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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 20 points (-0.2%) at 12,795 as of Monday, Nov. 12, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,283 issues advancing vs. 1,555 declining with 129 unchanged.

The Industrial Goods sector currently sits down 0.3% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include James Hardie Industries ( JHX), down 3.0%, Nidec Corporation ( NJ), down 2.3% and Fastenal Company ( FAST), down 1.0%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today:

5. Toll Brothers ( TOL) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Toll Brothers is down $0.59 (-1.8%) to $31.40 on average volume Thus far, 1.3 million shares of Toll Brothers exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $31.20-$32.68 after having opened the day at $32.20 as compared to the previous trading day's close of $31.99.

Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for single-family detached and attached homes in luxury residential communities. Toll Brothers has a market cap of $5.5 billion and is part of the materials & construction industry. The company has a P/E ratio of 60.7, above the S&P 500 P/E ratio of 17.7. Shares are up 56.7% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Toll Brothers a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Toll Brothers as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Toll Brothers Ratings Report now.

If you liked this article you might like

Housing Stocks Fall as Fed Leaves Rates Unchanged

These Stocks Are Ready to Reverse Course

Repeal of Mortgage Interest Deduction Is Way Past Due

Measure the Meaning of This Rally: Cramer's 'Mad Money' Recap (Tues 8/22/17)