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 lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day down 0.3%. By the end of trading, Standard Pacific fell 85 cents (-11%) to $6.90 on heavy volume. Throughout the day, 14.7 million shares of Standard Pacific exchanged hands as compared to its average daily volume of 4.8 million shares. The stock ranged in price between $6.64-$7.35 after having opened the day at $7.30 as compared to the previous trading day's close of $7.75. Other companies within the Industrial Goods sector that declined today were:
), down 20%,
), down 14.8%,
), down 12.9%, and
), down 8%.
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Standard Pacific Corp. operates as a diversified builder of single-family attached and detached homes in the United States. Standard Pacific has a market cap of $1.56 billion and is part of the materials & construction industry. The company has a P/E ratio of 97.4, equal to the average materials & construction industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 145% year to date as of the close of trading on Thursday. Currently there are two analysts that rate Standard Pacific a buy, no analysts rate it a sell, and five rate it a hold.
TheStreet Ratings rates Standard Pacific as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins.
- You can view the full Standard Pacific Ratings Report.
- 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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