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.
) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day up 1.4%. By the end of trading, Rayonier fell $0.46 (-1.0%) to $43.80 on average volume. Throughout the day, 949,841 shares of Rayonier exchanged hands as compared to its average daily volume of 987,600 shares. The stock ranged in price between $43.79-$44.32 after having opened the day at $44.26 as compared to the previous trading day's close of $44.26. Other companies within the Materials & Construction industry that declined today were:
), down 5.3%,
), down 2.7%,
), down 2.4% and
), down 2.2%.
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Rayonier, Inc. engages in the sale and development of real estate and timberland management, as well as in the production and sale of cellulose fibers in the United States, New Zealand, and Australia. Rayonier has a market cap of $5.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 17.6, equal to the S&P 500 P/E ratio of 17.7. The company has a P/E ratio of 17.6, below the S&P 500 P/E ratio of 17.7. Shares are down 14.2% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Rayonier a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Rayonier Ratings Report.
On the positive front,
), up 8.7%,
), up 7.6%,
), up 7.4% and
), up 6.4% , were all gainers within the materials & construction industry with
) being today's featured materials & construction industry leader.
- Use our materials & construction section to find industry-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 materials & construction industry could consider
) while those bearish on the materials & construction industry could consider
- Find other investment ideas from our top rated ETFs lists.