Cymer Inc. (CYMI): Today's Featured Electronics 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.

Cymer ( CYMI) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 0.8%. By the end of trading, Cymer fell $1.24 (-1.3%) to $97.26 on light volume. Throughout the day, 161,451 shares of Cymer exchanged hands as compared to its average daily volume of 370,100 shares. The stock ranged in price between $97-$98.66 after having opened the day at $98.66 as compared to the previous trading day's close of $98.50. Other companies within the Electronics industry that declined today were: Maxwell Technologies ( MXWL), down 11.1%, Pulse Electronics ( PULS), down 10.4%, Spire Corporation ( SPIR), down 7.1%, and Meade Instruments Corporation ( MEAD), down 6.3%.
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Cymer, Inc., together with its subsidiaries, engages in the development, manufacture, and marketing of light sources for the manufacturers of photolithography tools in the semiconductor equipment industry. Cymer has a market cap of $3.13 billion and is part of the technology sector. Shares are up 10.2% year to date as of the close of trading on Thursday. Currently there is one analyst that rates Cymer a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates Cymer as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the positive front, SemiLEDs ( LEDS), up 13.9%, Ambarella ( AMBA), up 13.4%, Enphase Energy ( ENPH), up 10.1%, and MoSys ( MOSY), up 9.7%, were all gainers within the electronics industry with Marvell Technology Group ( MRVL) being today's featured electronics industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider iShares Dow Jones US Technology ( IYW) while those bearish on the electronics industry could consider ProShares Ultra Short Semiconductor ( SSG).

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