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 was unchanged today. By the end of trading, Terex fell 67 cents (-2.1%) to $31.93 on light volume. Throughout the day, 1.5 million shares of Terex exchanged hands as compared to its average daily volume of 2.6 million shares. The stock ranged in price between $31.44-$32.55 after having opened the day at $32.39 as compared to the previous trading day's close of $32.60. Other companies within the Industrial industry that declined today were: JinkoSolar ( JKS), down 13%, Electro Scientific Industries ( ESIO), down 6.3%, Ameresco ( AMRC), down 4.8%, and China Ming Yang Wind Power Group ( MY), down 4.5%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Terex Corporation manufactures capital goods machinery products worldwide. Terex has a market cap of $3.63 billion and is part of the industrial goods sector. The company has a P/E ratio of 36.1, above the S&P 500 P/E ratio of 17.7. Shares are up 16.7% year to date as of the close of trading on Friday. Currently there are six analysts that rate Terex a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Terex as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins.

On the positive front, Broadwind Energy ( BWEN), up 10.5%, Dixie Group ( DXYN), up 9.2%, Stratasys ( SSYS), up 7.1%, and Tower International ( TOWR), up 6.3%, were all gainers within the industrial industry with Gardner Denver ( GDI) 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).

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.
null