Gafisa SA (GFA): Today's Featured Materials & Construction Loser

Gafisa ( GFA) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction loser. The industry as a whole closed the day up 0.9%. By the end of trading, Gafisa fell 22 cents (-3.1%) to $6.80 on light volume. Throughout the day, 2.3 million shares of Gafisa exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in price between $6.75-$7.11 after having opened the day at $7.03 as compared to the previous trading day's close of $7.02. Other company's within the Materials & Construction industry that declined today were: China Infrastructure Investment Corporation ( CIIC), down 11.3%, PGT Inc ( PGTI), down 9.7%, Nobility Homes Inc ( NOBH), down 8.8%, and Avalon Holdings ( AWX), down 7.6%.

Gafisa S.A. operates as a homebuilder in Brazil. Gafisa has a market cap of $1.62 billion and is part of the industrial goods sector. The company has a P/E ratio of 153.2, above the average materials & construction industry P/E ratio of 8.6 and above the S&P 500 P/E ratio of 17.7. Shares are down 51.8% year to date as of the close of trading on Monday.

TheStreet Ratings rates Gafisa as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself.

On the positive front, Headwaters Inc ( HW), up 20.3%, Goldfield ( GV), up 7.3%, Sterling Construction Company Inc ( STRL), up 5.3%, and Ecology and Environment Inc ( EEI), up 4.3%, were all gainers within the materials & construction industry with Vulcan Materials Company ( VMC) being today's featured materials & construction industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider SPDR S&P Homebuilders ETF ( XHB) while those bearish on the materials & construction industry could consider ProShares Short Basic Materials Fd ( SBM).

null

More from Markets

China Slashes Auto Import Tariffs as Trump's Trade Push Gets Big Early Win

China Slashes Auto Import Tariffs as Trump's Trade Push Gets Big Early Win

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment

Get to Know Stacey Cunningham, the NYSE's First Female Chief in 226 Years

Get to Know Stacey Cunningham, the NYSE's First Female Chief in 226 Years

60 Seconds: What is the Volcker Rule and How Does it Affect Your Portfolio?

60 Seconds: What is the Volcker Rule and How Does it Affect Your Portfolio?