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

Terex ( TEX) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Terex fell $0.68 (-2.4%) to $27.40 on average volume. Throughout the day, 1,965,368 shares of Terex exchanged hands as compared to its average daily volume of 2,574,100 shares. The stock ranged in price between $27.30-$28.41 after having opened the day at $28.10 as compared to the previous trading day's close of $28.08. Other companies within the Industrial industry that declined today were: China Recycling Energy Corporation ( CREG), down 8.9%, Zoltek Companies ( ZOLT), down 5.4%, Ballard Power Systems ( BLDP), down 4.3% and ExOne ( XONE), down 3.9%.

Terex Corporation operates as an equipment manufacturer of specialized machinery products. Terex has a market cap of $3.0 billion and is part of the industrial goods sector. Shares are down 2.6% year to date as of the close of trading on Tuesday. 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, Chase Corporation ( CCF), up 9.1%, Enpro Industries ( NPO), up 7.2%, Intellicheck Mobilisa ( IDN), up 6.6% and Metalico ( MEA), up 6.5% , were all gainers within the industrial industry with Danaher Corporation ( DHR) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

Irma and Harvey Busted Algos; Probably Done Deals Under Trump: Best of Cramer

Cramer: Irma and Harvey Busted the Algos

These Stocks Could Soar if and When Trump's Infrastructure Package Becomes a Reality

Analysts' Actions -- Amazon, C.R. Bard, CyrusOne, Dow and More

Bullish and Bearish Reversals for This Week