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3 Stocks Pushing The Materials & Construction Industry Lower

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.

The Materials & Construction industry as a whole closed the day down 0.4% versus the S&P 500, which was up 0.1%. Laggards within the Materials & Construction industry included Industrial Services of America ( IDSA), down 3.5%, Sterling Construction ( STRL), down 1.6%, China Recycling Energy ( CREG), down 4.4%, Deltic Timber ( DEL), down 3.5% and CatchMark Timber ( CTT), down 1.6%.

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

China Recycling Energy ( CREG) is one of the companies that pushed the Materials & Construction industry lower today. China Recycling Energy was down $0.15 (4.4%) to $3.23 on light volume. Throughout the day, 140,793 shares of China Recycling Energy exchanged hands as compared to its average daily volume of 418,700 shares. The stock ranged in price between $3.18-$3.45 after having opened the day at $3.33 as compared to the previous trading day's close of $3.38.

China Recycling Energy Corporation is engaged in the recycling energy business primarily in the People's Republic of China. China Recycling Energy has a market cap of $199.3 million and is part of the industrial goods sector. Shares are down 1.7% year-to-date as of the close of trading on Monday.

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TheStreet Ratings rates China Recycling Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.

Highlights from TheStreet Ratings analysis on CREG go as follows:

  • CREG's very impressive revenue growth greatly exceeded the industry average of 3.8%. Since the same quarter one year prior, revenues leaped by 333.1%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • Powered by its strong earnings growth of 133.33% and other important driving factors, this stock has surged by 210.10% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, our hold rating indicates that we do not recommend additional investment in this stock despite its gains in the past year.
  • The debt-to-equity ratio is somewhat low, currently at 0.69, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Despite the fact that CREG's debt-to-equity ratio is low, the quick ratio, which is currently 0.70, displays a potential problem in covering short-term cash 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. When compared to other companies in the Commercial Services & Supplies industry and the overall market, CHINA RECYCLING ENERGY CORP's return on equity is below that of both the industry average and the S&P 500.
  • Net operating cash flow has significantly decreased to -$8.73 million or 69.41% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.

You can view the full analysis from the report here: China Recycling Energy 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.

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