Rockwell Collins Inc. (COL): Today's Featured Aerospace/Defense 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.

Rockwell Collins ( COL) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 0.4%. By the end of trading, Rockwell Collins rose 58 cents (1%) to $58.50 on average volume. Throughout the day, 746,940 shares of Rockwell Collins exchanged hands as compared to its average daily volume of 990,500 shares. The stock ranged in a price between $58.08-$58.64 after having opened the day at $58.15 as compared to the previous trading day's close of $57.92. Other companies within the Aerospace/Defense industry that increased today were: Frontline ( FRO), up 7.3%, Erickson Air-Crane ( EAC), up 7%, Edac Technologies Corporation ( EDAC), up 5.8%, and Huntington Ingalls Industries ( HII), up 2.9%.
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Rockwell Collins, Inc. designs, produces, and supports communications and aviation electronics for commercial and military customers worldwide. It operates in two segments, Government Systems and Commercial Systems. Rockwell Collins has a market cap of $8.03 billion and is part of the industrial goods sector. The company has a P/E ratio of 13.9, below the S&P 500 P/E ratio of 17.7. Shares are up 1.1% year to date as of the close of trading on Monday. Currently there are nine analysts that rate Rockwell Collins a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates Rockwell Collins as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, good cash flow from operations, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, TAT Technologies ( TATT), down 5.6%, Aerosonic Corporation ( AIM), down 3.2%, Astrotech Corporation ( ASTC), down 2.5%, and Sifco Industries ( SIF), down 2.4%, were all laggards within the aerospace/defense industry with Smith & Wesson Holding Corporation ( SWHC) being today's aerospace/defense industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx ( ITA) while those bearish on the aerospace/defense industry could consider ProShares Short Dow 30 ( DOG).

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