The Industrial Goods sector as a whole closed the day down 0.1% versus the S&P 500, which was down 0.8%. Laggards within the Industrial Goods sector included Bonso Electronics International ( BNSO), down 3.2%, THT Heat Transfer Technology ( THTI), down 14.5%, American DG Energy ( ADGE), down 3.4%, Compx International ( CIX), down 6.2% and Asia Pacific Wire & Cable ( APWC), down 1.9%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the sector lower today:

EnerSys ( ENS) is one of the companies that pushed the Industrial Goods sector lower today. EnerSys was down $5.99 (9.7%) to $55.50 on heavy volume. Throughout the day, 1,232,862 shares of EnerSys exchanged hands as compared to its average daily volume of 283,100 shares. The stock ranged in price between $54.47-$61.24 after having opened the day at $60.57 as compared to the previous trading day's close of $61.49.

EnerSys manufactures, markets, and distributes industrial batteries. The company operates in three segments: Americas, EMEA, and Asia. EnerSys has a market cap of $2.7 billion and is part of the industrial industry. Shares are down 0.4% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts who rate EnerSys a buy, no analysts rate it a sell, and 1 rates it a hold.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreet Ratings rates EnerSys as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and notable return on equity. We feel its strengths outweigh the fact that the company shows low profit margins.

Highlights from TheStreet Ratings analysis on ENS go as follows:

  • ENERSYS INC 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 year. We feel that this trend should continue. During the past fiscal year, ENERSYS INC increased its bottom line by earning $3.76 versus $3.03 in the prior year. This year, the market expects an improvement in earnings ($4.57 versus $3.76).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Electrical Equipment industry. The net income increased by 106.0% when compared to the same quarter one year prior, rising from $12.84 million to $26.45 million.
  • The current debt-to-equity ratio, 0.50, is low and is below the industry average, implying that there has been successful management of debt levels. To add to this, ENS has a quick ratio of 1.83, which demonstrates the ability of the company to cover short-term liquidity needs.
  • Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. Compared to other companies in the Electrical Equipment industry and the overall market on the basis of return on equity, ENERSYS INC has underperformed in comparison with the industry average, but has exceeded that of the S&P 500.

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

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

At the close, Compx International ( CIX) was down $0.74 (6.2%) to $11.16 on heavy volume. Throughout the day, 2,085 shares of Compx International exchanged hands as compared to its average daily volume of 600 shares. The stock ranged in price between $11.16-$11.91 after having opened the day at $11.91 as compared to the previous trading day's close of $11.90.

CompX International Inc. engages in the manufacture and sale of security products and recreational marine components primarily in North America. The company operates through two segments, Security Products and Marine Components. Compx International has a market cap of $28.6 million and is part of the industrial industry. Shares are down 1.6% year-to-date as of the close of trading on Wednesday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreet Ratings rates Compx International 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, increase in stock price during the past year, growth in earnings per share and increase in net income. We feel its strengths outweigh the fact that the company shows weak operating cash flow.

Highlights from TheStreet Ratings analysis on CIX go as follows:

  • The revenue growth came in higher than the industry average of 3.6%. Since the same quarter one year prior, revenues slightly increased by 8.2%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • CIX 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 5.13, which clearly demonstrates the ability to cover short-term cash needs.
  • The stock has risen over the past year as investors have generally rewarded the company for its earnings growth and other positive factors like the ones we have cited in this report. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • COMPX INTERNATIONAL INC has improved earnings per share by 11.8% 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, COMPX INTERNATIONAL INC increased its bottom line by earning $0.70 versus $0.49 in the prior year.
  • The company, on the basis of net income growth from the same quarter one year ago, has significantly outperformed against the S&P 500 and exceeded that of the Commercial Services & Supplies industry average. The net income increased by 12.8% when compared to the same quarter one year prior, going from $2.14 million to $2.41 million.

You can view the full analysis from the report here: Compx International Ratings Report

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

THT Heat Transfer Technology ( THTI) was another company that pushed the Industrial Goods sector lower today. THT Heat Transfer Technology was down $0.09 (14.5%) to $0.50 on average volume. Throughout the day, 8,072 shares of THT Heat Transfer Technology exchanged hands as compared to its average daily volume of 7,400 shares. The stock ranged in price between $0.50-$0.56 after having opened the day at $0.56 as compared to the previous trading day's close of $0.59.

THT Heat Transfer Technology, Inc., through its subsidiaries, manufactures and trades in plate heat exchangers and various related products in the People's Republic of China. THT Heat Transfer Technology has a market cap of $11.5 million and is part of the industrial industry. Shares are down 51.8% year-to-date as of the close of trading on Wednesday.

TheStreet Ratings rates THT Heat Transfer Technology as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Highlights from TheStreet Ratings analysis on THTI go as follows:

  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Machinery industry. The net income increased by 90.0% when compared to the same quarter one year prior, rising from $0.48 million to $0.91 million.
  • THTI's debt-to-equity ratio is very low at 0.16 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 1.26, which illustrates the ability to avoid short-term cash problems.
  • Despite the weak revenue results, THTI has outperformed against the industry average of 15.1%. 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 gross profit margin for THT HEAT TRANSFER TECH INC is currently lower than what is desirable, coming in at 32.79%. It has decreased from the same quarter the previous year. Regardless of the weak results of the gross profit margin, the net profit margin of 11.18% is above that of the industry average.
  • 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. In comparison to the other companies in the Machinery industry and the overall market, THT HEAT TRANSFER TECH INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.

You can view the full analysis from the report here: THT Heat Transfer Technology Ratings Report

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.