Generac Holdings Inc. (GNRC): Today's Featured Industrial Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Generac Holdings ( GNRC) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Generac Holdings fell $4.35 (-7.9%) to $50.89 on heavy volume. Throughout the day, 2,257,330 shares of Generac Holdings exchanged hands as compared to its average daily volume of 733,100 shares. The stock ranged in price between $50.25-$54.01 after having opened the day at $53.96 as compared to the previous trading day's close of $55.24. Other companies within the Industrial industry that declined today were: Clarcor ( CLC), down 9.0%, China BAK Battery ( CBAK), down 4.7%, Clean Diesel Technologies ( CDTI), down 4.7% and China Recycling Energy Corporation ( CREG), down 4.7%.

Generac Holdings Inc. designs, manufactures, and markets a range of generators and other engine powered products for the residential, light commercial, industrial, and construction markets in the United States Canada, and Mexico. Generac Holdings has a market cap of $3.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 24.8, above the S&P 500 P/E ratio of 17.7. Shares are down 2.5% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Generac Holdings a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Generac Holdings as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, increase in net income, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Hydrogenics Corporation ( HYGS), up 8.8%, LSI Industries ( LYTS), up 7.3%, Altair Nanotechnologies ( ALTI), up 6.9% and ExOne ( XONE), up 6.0% , were all gainers within the industrial industry with Chart Industries ( GTLS) 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.

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%