3 Industrial Stocks Nudging The Industry 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 are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 28.64 points (-0.2%) at 16,839 as of Thursday, June 26, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,444 issues advancing vs. 1,544 declining with 166 unchanged.

The Industrial industry as a whole was unchanged today versus the S&P 500, which was down 0.1%. Top gainers within the Industrial industry included Bonso Electronics International ( BNSO), up 3.0%, Asia Pacific Wire & Cable ( APWC), up 2.5%, Metalico ( MEA), up 8.8%, GreenHunter Resources ( GRH), up 6.3% and IntriCon ( IIN), up 3.5%.

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

IntriCon ( IIN) is one of the companies that pushed the Industrial industry higher today. IntriCon was up $0.29 (3.5%) to $8.70 on light volume. Throughout the day, 11,407 shares of IntriCon exchanged hands as compared to its average daily volume of 34,500 shares. The stock ranged in a price between $8.26-$8.79 after having opened the day at $8.56 as compared to the previous trading day's close of $8.41.

IntriCon Corporation, together with its subsidiaries, designs, develops, engineers, and manufactures body-worn devices in the United States and internationally. IntriCon has a market cap of $48.9 million and is part of the industrial goods sector. Shares are up 118.2% year-to-date as of the close of trading on Wednesday. Currently there are no analysts who rate IntriCon a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates IntriCon as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and generally higher debt management risk.

Highlights from TheStreet Ratings analysis on IIN go as follows:

  • The revenue growth came in higher than the industry average of 9.0%. Since the same quarter one year prior, revenues rose by 22.5%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Powered by its strong earnings growth of 1500.00% and other important driving factors, this stock has surged by 136.75% over the past year, outperforming the rise in the S&P 500 Index during the same period. Although IIN had significant growth over the past year, our hold rating indicates that we do not recommend additional investment in this stock at the current time.
  • INTRICON CORP reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, INTRICON CORP swung to a loss, reporting -$0.41 versus $0.30 in the prior year.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Electronic Equipment, Instruments & Components industry and the overall market, INTRICON CORP's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for INTRICON CORP is currently lower than what is desirable, coming in at 30.80%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 2.98% trails that of the industry average.

You can view the full analysis from the report here: IntriCon 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, GreenHunter Resources ( GRH) was up $0.11 (6.3%) to $1.86 on light volume. Throughout the day, 104,754 shares of GreenHunter Resources exchanged hands as compared to its average daily volume of 154,000 shares. The stock ranged in a price between $1.75-$1.86 after having opened the day at $1.76 as compared to the previous trading day's close of $1.75.

GreenHunter Resources has a market cap of $60.1 million and is part of the industrial goods sector. Shares are up 50.9% year-to-date as of the close of trading on Wednesday.

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.

Metalico ( MEA) was another company that pushed the Industrial industry higher today. Metalico was up $0.10 (8.8%) to $1.23 on average volume. Throughout the day, 193,311 shares of Metalico exchanged hands as compared to its average daily volume of 132,300 shares. The stock ranged in a price between $1.13-$1.24 after having opened the day at $1.13 as compared to the previous trading day's close of $1.13.

Metalico, Inc., through its subsidiaries, is engaged in scrap metal recycling and lead metal product fabricating businesses. Metalico has a market cap of $55.4 million and is part of the industrial goods sector. Shares are down 45.4% year-to-date as of the close of trading on Wednesday. Currently there are no analysts who rate Metalico a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Metalico as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

Highlights from TheStreet Ratings analysis on MEA go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Commercial Services & Supplies industry. The net income has significantly decreased by 232.3% when compared to the same quarter one year ago, falling from -$1.18 million to -$3.92 million.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Commercial Services & Supplies industry and the overall market, METALICO INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for METALICO INC is currently extremely low, coming in at 6.47%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -2.89% is significantly below that of the industry average.
  • The share price of METALICO INC has not done very well: it is down 15.95% and has underperformed the S&P 500, in part reflecting the company's sharply declining earnings per share when compared to the year-earlier quarter. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
  • METALICO INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, METALICO INC reported poor results of -$0.73 versus -$0.27 in the prior year. This year, the market expects an improvement in earnings (-$0.13 versus -$0.73).

You can view the full analysis from the report here: Metalico 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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