Republic Services Inc (RSG): Today's Featured Materials & Construction Loser

Republic Services ( RSG) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction loser. The industry as a whole closed the day up 3.2%. By the end of trading, Republic Services fell $4.13 (-13.3%) to $27.01 on heavy volume. Throughout the day, 15.5 million shares of Republic Services exchanged hands as compared to its average daily volume of 1.9 million shares. The stock ranged in price between $26.96-$28.78 after having opened the day at $28.34 as compared to the previous trading day's close of $31.14. Other company's within the Materials & Construction industry that declined today were: Perma-Fix Environmental Services ( PESI), down 5%, PGT ( PGTI), down 4.8%, Gafisa ( GFA), down 4.7%, and Progressive Waste Solutions ( BIN), down 4.3%.

Republic Services, Inc. provides non-hazardous solid waste collection, transfer, and disposal services for commercial, industrial, municipal, and residential customers in the United States and Puerto Rico. Republic Services has a market cap of $11.51 billion and is part of the industrial goods sector. The company has a P/E ratio of 19.9, 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 13% year to date as of the close of trading on Thursday. Currently there are five analysts that rate Republic Services a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Republic Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, increase in stock price during the past year and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the positive front, American Mold Guard Incorporated ( AMGI), up 175%, Patrick Industries ( PATK), up 13.6%, A V Homes ( AVHI), up 9.6%, and Pike Electric Corporation ( PIKE), up 8.3%, were all gainers within the materials & construction industry with Fluor Corporation ( FLR) 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).
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