- The revenue growth came in higher than the industry average of 7.5%. Since the same quarter one year prior, revenues rose by 20.6%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- AETI's debt-to-equity ratio is very low at 0.05 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.34, which illustrates the ability to avoid short-term cash problems.
- 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 Electrical Equipment industry. The net income has significantly decreased by 66.6% when compared to the same quarter one year ago, falling from $1.74 million to $0.58 million.
- 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. When compared to other companies in the Electrical Equipment industry and the overall market, AMERICAN ELECTRIC TECH INC's return on equity is below that of both the industry average and the S&P 500.
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 89 points (0.5%) at 16,650 as of Wednesday, Aug. 13, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 2,238 issues advancing vs. 759 declining with 137 unchanged. The Industrial industry as a whole closed the day up 0.4% versus the S&P 500, which was up 0.6%. Top gainers within the Industrial industry included Bonso Electronics International ( BNSO), up 2.1%, P & F Industries ( PFIN), up 1.6%, THT Heat Transfer Technology ( THTI), up 1.8%, Altair Nanotechnologies ( ALTI), up 3.1% and American Electric Technologies ( AETI), up 3.2%. TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today: American Electric Technologies ( AETI) is one of the companies that pushed the Industrial industry higher today. American Electric Technologies was up $0.21 (3.2%) to $6.74 on average volume. Throughout the day, 14,806 shares of American Electric Technologies exchanged hands as compared to its average daily volume of 12,200 shares. The stock ranged in a price between $6.47-$6.84 after having opened the day at $6.57 as compared to the previous trading day's close of $6.53. American Electric Technologies, Inc. provides power delivery solutions to the energy industry in the United States and internationally. American Electric Technologies has a market cap of $53.1 million and is part of the industrial goods sector. Shares are down 34.6% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate American Electric Technologies 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 American Electric Technologies as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. 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 AETI go as follows: