ENS, BWC And SHW, Pushing Industrial Goods Sector Downward

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 66 points (-0.4%) at 16,378 as of Thursday, Aug. 7, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,344 issues advancing vs. 1,660 declining with 123 unchanged.

The Industrial Goods sector currently is unchanged today versus the S&P 500, which is down 0.5%. On the negative front, top decliners within the sector include Tenaris ( TS), down 2.4%, Vulcan Materials ( VMC), down 1.9%, ABB ( ABB), down 1.2%, Royal Philips ( PHG), down 1.2% and Nidec ( NJ), down 1.0%. Top gainers within the sector include Middleby ( MIDD), up 16.9%, Huntington Ingalls Industries ( HII), up 3.4%, Pentair ( PNR), up 1.8%, Boeing ( BA), up 1.1% and Parker Hannifin ( PH), up 0.8%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. EnerSys ( ENS) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, EnerSys is down $3.74 (-5.9%) to $59.88 on heavy volume. Thus far, 526,444 shares of EnerSys exchanged hands as compared to its average daily volume of 379,200 shares. The stock has ranged in price between $59.75-$62.22 after having opened the day at $61.93 as compared to the previous trading day's close of $63.62.

EnerSys manufactures, markets, and distributes industrial batteries in North and South America, Europe, the Middle East, Africa, Asia, Australia, and Oceania. The company operates in three segments: Americas, EMEA, and Asia. EnerSys has a market cap of $3.0 billion and is part of the industrial industry. Shares are down 9.2% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts that rate EnerSys a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates EnerSys as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full EnerSys Ratings Report now.

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

2. As of noon trading, Babcock & Wilcox ( BWC) is down $2.31 (-7.5%) to $28.59 on heavy volume. Thus far, 2.3 million shares of Babcock & Wilcox exchanged hands as compared to its average daily volume of 876,400 shares. The stock has ranged in price between $27.52-$28.86 after having opened the day at $27.90 as compared to the previous trading day's close of $30.90.

The Babcock & Wilcox Company operates as a specialty constructor of nuclear components for customers in the power and other steam-using industries. Babcock & Wilcox has a market cap of $3.4 billion and is part of the industrial industry. Shares are down 9.6% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Babcock & Wilcox a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Babcock & Wilcox as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Babcock & Wilcox Ratings Report now.

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

1. As of noon trading, Sherwin-Williams ( SHW) is down $1.77 (-0.8%) to $205.63 on average volume. Thus far, 257,399 shares of Sherwin-Williams exchanged hands as compared to its average daily volume of 501,000 shares. The stock has ranged in price between $205.27-$208.33 after having opened the day at $208.13 as compared to the previous trading day's close of $207.40.

The Sherwin-Williams Company is engaged in the development, manufacture, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers worldwide. Sherwin-Williams has a market cap of $20.0 billion and is part of the chemicals industry. Shares are up 13.0% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Sherwin-Williams a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Sherwin-Williams as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Sherwin-Williams Ratings Report now.

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

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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