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 up 0.5%. By the end of trading, Standard Pacific fell $0.11 (-1.2%) to $8.71 on light volume. Throughout the day, 3,574,084 shares of Standard Pacific exchanged hands as compared to its average daily volume of 5,340,600 shares. The stock ranged in price between $8.56-$8.96 after having opened the day at $8.89 as compared to the previous trading day's close of $8.82. Other companies within the Industrial Goods sector that declined today were:
), down 40.1%,
), down 10.0%,
), down 10.0% and
), down 8.9%.
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Standard Pacific Corp. operates as a builder of single-family attached and detached homes in the United States. It constructs homes targeting various homebuyers primarily move-up buyers in metropolitan markets in California, Florida, the Carolinas, Texas, Arizona, and Colorado. Standard Pacific has a market cap of $1.8 billion and is part of the materials & construction industry. The company has a P/E ratio of 5.7, below the S&P 500 P/E ratio of 17.7. Shares are up 20.0% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Standard Pacific a buy, 1 analyst rates it a sell, and 5 rate it a hold.
TheStreet Ratings rates
. 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 also find weaknesses including weak operating cash flow and poor profit margins.
- You can view the full Standard Pacific Ratings Report.
On the positive front,
), down 16.7%,
), down 9.2%,
), down 8.9% and
), down 8.6% , were all gainers within the industrial goods sector with
) being today's featured industrial goods sector leader.
- 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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