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
) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.6%. By the end of trading, DR Horton rose 87 cents (4.1%) to $22.22 on average volume. Throughout the day, 8.1 million shares of DR Horton exchanged hands as compared to its average daily volume of 6.9 million shares. The stock ranged in a price between $21.31-$22.36 after having opened the day at $21.37 as compared to the previous trading day's close of $21.35. Other companies within the Industrial Goods sector that increased today were:
), up 15.1%,
), up 13.9%,
), up 11.9%, and
), up 10.5%.
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D.R. Horton, Inc. operates as a homebuilding company in the United States. The company's Homebuilding segment engages in the acquisition and development of land, and construction and sale of residential homes in 25 states and 73 markets in the United States primarily under the D.R. DR Horton has a market cap of $6.89 billion and is part of the
industry. The company has a P/E ratio of 8.3, equal to the average materials & construction industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 69.3% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate DR Horton a buy, two analysts rate it a sell, and seven rate it a hold.
TheStreet Ratings rates DR Horton as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, notable return on equity, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full DR Horton Ratings Report.
On the negative front,
), down 9.7%,
), down 8.5%,
), down 5.5%, and
), down 5.4%, were all laggards within the industrial goods sector with
) being today's industrial goods sector laggard.
- Use our industrial goods section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider
) while those bearish on the industrial goods sector could consider
- Find other investment ideas from our top rated ETFs lists.
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