Danaher Corporation (DHR): 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

Danaher Corporation ( DHR) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.9%. By the end of trading, Danaher Corporation fell $0.68 (-1.1%) to $61.82 on average volume. Throughout the day, 2,586,512 shares of Danaher Corporation exchanged hands as compared to its average daily volume of 2,787,900 shares. The stock ranged in price between $61.82-$62.74 after having opened the day at $62.21 as compared to the previous trading day's close of $62.50. Other companies within the Industrial industry that declined today were: Ecotality ( ECTY), down 11.2%, Intellicheck Mobilisa ( IDN), down 10.6%, Highpower International ( HPJ), down 8.0% and Hydrogenics Corporation ( HYGS), down 7.8%.
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Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services primarily in North America, Europe, and Asia/Australia. Danaher Corporation has a market cap of $43.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 17.9, above the S&P 500 P/E ratio of 17.7. Shares are up 11.8% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Danaher Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Danaher Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Graham Corporation ( GHM), down 16.7%, Cleantech Solutions International ( CLNT), down 4.0%, MRC Global ( MRC), down 3.6% and Euro Tech Holdings Company ( CLWT), down 3.2% , were all gainers within the industrial industry with Cummins ( CMI) 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).

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