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Gerdau SA (GGB): Today's Featured Metals & Mining Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Gerdau ( GGB) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day up 3.0%. By the end of trading, Gerdau fell $0.22 (-2.9%) to $7.35 on heavy volume. Throughout the day, 9,140,993 shares of Gerdau exchanged hands as compared to its average daily volume of 5,669,700 shares. The stock ranged in price between $7.28-$7.52 after having opened the day at $7.49 as compared to the previous trading day's close of $7.57. Other companies within the Metals & Mining industry that declined today were: China Natural Resources ( CHNR), down 10.1%, China Shen Zhou Mining & Resources ( SHZ), down 5.9%, Quest Rare Minerals ( QRM), down 5.6% and USEC ( USU), down 4.0%.

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Gerdau S.A. engages in the production and commercialization of steel products worldwide. Gerdau has a market cap of $13.1 billion and is part of the basic materials sector. The company has a P/E ratio of 6.4, below the S&P 500 P/E ratio of 17.7. Shares are down 15.8% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Gerdau a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Gerdau as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow.

On the positive front, Gold Standard Ventures ( GSV), down 30.6%, Pretium Resources ( PVG), down 16.9%, Uranerz Energy Corporation ( URZ), down 16.8% and Entree Gold ( EGI), down 16.0% , were all gainers within the metals & mining industry with Goldcorp ( GG) being today's featured metals & mining industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

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