Terex Corp (TEX): Today's Featured Industrial Goods 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

Terex ( TEX) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day down 0.7%. By the end of trading, Terex rose $0.38 (1.1%) to $34.97 on average volume. Throughout the day, 1,813,314 shares of Terex exchanged hands as compared to its average daily volume of 2,312,600 shares. The stock ranged in a price between $34.01-$35.22 after having opened the day at $34.10 as compared to the previous trading day's close of $34.59. Other companies within the Industrial Goods sector that increased today were: Arotech Corporation ( ARTX), up 52.4%, UQM Technologies ( UQM), up 12.7%, China BAK Battery ( CBAK), up 11.3% and Altair Nanotechnologies ( ALTI), up 11.0%.
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Terex Corporation operates as an equipment manufacturer of specialized machinery products. Terex has a market cap of $3.7 billion and is part of the industrial industry. The company has a P/E ratio of 36.7, above the S&P 500 P/E ratio of 17.7. Shares are up 23.1% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Terex a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Terex as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the negative front, MRC Global ( MRC), down 14.1%, Real Goods Solar ( RSOL), down 10.9%, Daktronics ( DAKT), down 7.7% and Metalico ( MEA), down 6.3% , were all laggards within the industrial goods sector with Dover Corporation ( DOV) being today's industrial goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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