3 Industrial Goods Stocks Pushing The Sector Higher

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.

All three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 16,756 as of Friday, June 13, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,626 issues advancing vs. 1,329 declining with 172 unchanged.

The Industrial Goods sector as a whole closed the day up 0.1% versus the S&P 500, which was up 0.2%. Top gainers within the Industrial Goods sector included Bonso Electronics International ( BNSO), up 5.8%, Euro Tech Holdings ( CLWT), up 3.2%, Integrated Electrical Services ( IESC), up 2.5%, Ultralife Batteries ( ULBI), up 3.2% and GreenHunter Resources ( GRH), up 18.5%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the sector higher today:

GreenHunter Resources ( GRH) is one of the companies that pushed the Industrial Goods sector higher today. GreenHunter Resources was up $0.25 (18.5%) to $1.60 on heavy volume. Throughout the day, 1,365,691 shares of GreenHunter Resources exchanged hands as compared to its average daily volume of 94,900 shares. The stock ranged in a price between $1.34-$1.64 after having opened the day at $1.41 as compared to the previous trading day's close of $1.35.

GreenHunter Resources has a market cap of $47.0 million and is part of the materials & construction industry. Shares are up 16.4% year-to-date as of the close of trading on Thursday.

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

Highlights from TheStreet Ratings analysis on GRH go as follows:

You can view the full analysis from the report here: GreenHunter Resources Ratings Report

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

At the close, Ultralife Batteries ( ULBI) was up $0.12 (3.2%) to $3.91 on light volume. Throughout the day, 5,664 shares of Ultralife Batteries exchanged hands as compared to its average daily volume of 19,600 shares. The stock ranged in a price between $3.78-$3.91 after having opened the day at $3.85 as compared to the previous trading day's close of $3.79.

Ultralife Corporation offers power and communications solutions in the United States and internationally. It operates through two segments, Battery & Energy Products and Communications Systems. Ultralife Batteries has a market cap of $67.0 million and is part of the materials & construction industry. Shares are up 6.8% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate Ultralife Batteries a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Ratings rates Ultralife Batteries as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

Highlights from TheStreet Ratings analysis on ULBI go as follows:

  • ULBI has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 2.60, which clearly demonstrates the ability to cover short-term cash needs.
  • Net operating cash flow has significantly increased by 485.73% to $2.70 million when compared to the same quarter last year. In addition, ULTRALIFE CORP has also vastly surpassed the industry average cash flow growth rate of -5.90%.
  • Compared to where it was 12 months ago, the stock is up, but it has so far lagged the appreciation in the S&P 500. Looking ahead, our view is that this company's fundamentals will not have much impact in either direction, allowing the stock to generally move up or down based on the push and pull of the broad market.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Electrical Equipment industry and the overall market, ULTRALIFE CORP's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for ULTRALIFE CORP is currently lower than what is desirable, coming in at 32.72%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -8.41% is significantly below that of the industry average.

You can view the full analysis from the report here: Ultralife Batteries Ratings Report

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

Integrated Electrical Services ( IESC) was another company that pushed the Industrial Goods sector higher today. Integrated Electrical Services was up $0.15 (2.5%) to $6.10 on light volume. Throughout the day, 8,064 shares of Integrated Electrical Services exchanged hands as compared to its average daily volume of 11,500 shares. The stock ranged in a price between $5.76-$6.10 after having opened the day at $5.88 as compared to the previous trading day's close of $5.95.

Integrated Electrical Services, Inc., through its subsidiaries, provides communications, residential, commercial and industrial, and infrastructure solutions in the United States. Integrated Electrical Services has a market cap of $107.5 million and is part of the materials & construction industry. Shares are up 11.3% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate Integrated Electrical Services a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Integrated Electrical Services as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

Highlights from TheStreet Ratings analysis on IESC go as follows:

  • Compared to where it was a year ago today, the stock is now trading at a higher level, reflecting both the market's overall trend during that period and the fact that the company's earnings growth has been robust. Despite the fact that it has already risen in the past year, there is currently no conclusive evidence that warrants the purchase or sale of this stock.
  • INTEGRATED ELECTRICAL SVCS reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. During the past fiscal year, INTEGRATED ELECTRICAL SVCS continued to lose money by earning -$0.14 versus -$0.18 in the prior year.
  • Despite the weak revenue results, IESC has outperformed against the industry average of 12.2%. Since the same quarter one year prior, revenues slightly dropped by 1.4%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Construction & Engineering industry and the overall market, INTEGRATED ELECTRICAL SVCS's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for INTEGRATED ELECTRICAL SVCS is rather low; currently it is at 17.19%. Regardless of IESC's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 0.32% trails the industry average.

You can view the full analysis from the report here: Integrated Electrical Services Ratings Report

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

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.

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