Emerson Electric Co. (EMR): Industrial's Highlighted Dud Of The Day

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.

Emerson Electric ( EMR) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.7%. By the end of trading, Emerson Electric fell 64 cents (-1.1%) to $56.47 on average volume. Throughout the day, 2.6 million shares of Emerson Electric exchanged hands as compared to its average daily volume of 3.4 million shares. The stock ranged in price between $56.14-$56.94 after having opened the day at $56.81 as compared to the previous trading day's close of $57.11. Other companies within the Industrial industry that declined today were: Ballard Power Systems ( BLDP), down 20.6%, IntriCon Corporation ( IIN), down 8.1%, NF Energy Saving ( NFEC), down 5.8%, and Cleantech Solutions International ( CLNT), down 5.2%.
  • 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.

Emerson Electric Co., a diversified technology company, engages in designing and supplying products and technology, and providing engineering services and solutions to the industrial, commercial, and consumer markets worldwide. Emerson Electric has a market cap of $41.11 billion and is part of the industrial goods sector. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7. Shares are up 7.5% year to date as of the close of trading on Wednesday. Currently there are five analysts that rate Emerson Electric a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Emerson Electric as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, expanding profit margins, good cash flow from operations and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Euro Tech Holdings Company ( CLWT), up 15.8%, Ecotality ( ECTY), up 12.2%, Highpower International ( HPJ), up 11.2%, and ZBB Energy Corporation ( ZBB), up 10.2%, were all gainers within the industrial industry with 3D Systems Corporation ( DDD) 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

If you liked this article you might like

European Benchmarks Sink Despite Solid Corporate Earnings

Steel Stocks Could Have Up to 50% Upside

Emerson Is Flashing Bullish Signs: 'Off The Charts' With Cramer

Navigating Strong Crosscurrents: Cramer's 'Mad Money' Recap (Tuesday 6/13/17)