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.
Pall Corporation (
PLL) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 0.3%. By the end of trading, Pall Corporation rose 67 cents (1%) to $64.96 on average volume. Throughout the day, 663,490 shares of Pall Corporation exchanged hands as compared to its average daily volume of 770,800 shares. The stock ranged in a price between $64.20-$64.96 after having opened the day at $64.26 as compared to the previous trading day's close of $64.29. Other companies within the Industrial industry that increased today were:
THT Heat Transfer Technology (
THTI), up 25.4%,
Adept Technology (
ADEP), up 16.3%,
China Ming Yang Wind Power Group (
MY), up 9.3%, and
Intellicheck Mobilisa (
IDN), up 7.1%.
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Pall Corporation engages in manufacturing and marketing filtration, purification, and separation products and integrated systems solutions worldwide. Pall Corporation has a market cap of $7.14 billion and is part of the industrial goods sector. The company has a P/E ratio of 24.2, above the S&P 500 P/E ratio of 17.7. Shares are up 6.6% year to date as of the close of trading on Friday. Currently there are two analysts that rate Pall Corporation a buy, no analysts rate it a sell, and six rate it a hold.
TheStreet Ratings rates Pall Corporation 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, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
On the negative front,
China Valves Technology (
CVVT), down 53.6%,
UQM Technologies (
UQM), down 9.5%,
Research Frontiers (
REFR), down 6.3%, and
Ecotality (
ECTY), down 6.1%, were all laggards within the industrial industry with
Terex (
TEX) 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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