Terex Corp (TEX): 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

Terex ( TEX) 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, Terex fell $0.65 (-2.0%) to $31.74 on light volume. Throughout the day, 1,248,188 shares of Terex exchanged hands as compared to its average daily volume of 2,497,700 shares. The stock ranged in price between $31.56-$32.58 after having opened the day at $32.35 as compared to the previous trading day's close of $32.39. Other companies within the Industrial industry that declined today were: NF Energy Saving ( NFEC), down 10.1%, Capstone Turbine Corporation ( CPST), down 9.4%, Intellicheck Mobilisa ( IDN), down 5.8% and Edwards Group ( EVAC), down 5.5%.
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Terex Corporation operates as an equipment manufacturer of specialized machinery products. Terex has a market cap of $3.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 34.5, above the S&P 500 P/E ratio of 17.7. Shares are up 15.2% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Terex a buy, no analysts rate it a sell, and 8 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 positive front, LGL Group ( LGL), down 16.5%, Hydrogenics Corporation ( HYGS), down 7.4%, Bonso Electronics International ( BNSO), down 6.4% and Ecotality ( ECTY), down 4.8% , 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).

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