KUB, ITW And HON, Pushing Industrial Industry Downward

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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 1 points (0.0%) at 15,277 as of Thursday, May 16, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,398 issues advancing vs. 1,509 declining with 138 unchanged.

The Industrial industry currently is unchanged today versus the S&P 500, which is down 0.10. On the negative front, top decliners within the industry include ABB ( ABB), down 0.54, and Siemens ( SI), down 0.53.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. Kubota Corporation ( KUB) is one of the companies pushing the Industrial industry lower today. As of noon trading, Kubota Corporation is down $0.94 (-1.1%) to $82.71 on light volume Thus far, 14,263 shares of Kubota Corporation exchanged hands as compared to its average daily volume of 113,500 shares. The stock has ranged in price between $82.61-$83.33 after having opened the day at $83.14 as compared to the previous trading day's close of $83.65.

Kubota Corporation, together with its subsidiaries, manufactures and sells machinery, and other industrial and consumer products. Kubota Corporation has a market cap of $20.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 41.9, above the S&P 500 P/E ratio of 17.7. Shares are up 45.1% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Kubota Corporation as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Kubota Corporation Ratings Report now.

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