Stericycle Incorporated (SRCL): Today's Featured Materials & Construction Laggard

Stericycle Incorporated ( SRCL) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Stericycle Incorporated fell $1.45 (-1.6%) to $90.40 on average volume. Throughout the day, 443,600 shares of Stericycle Incorporated exchanged hands as compared to its average daily volume of 479,900 shares. The stock ranged in price between $90.37-$91.96 after having opened the day at $91.56 as compared to the previous trading day's close of $91.85. Other company's within the Materials & Construction industry that declined today were: Veolia Environnement ( VE), down 11.3%, India Globalization Capital ( IGC), down 5.3%, United States Lime & Minerals ( USLM), down 4.4%, and Sharps Compliance Corporation ( SMED), down 4.3%.

Stericycle, Inc., together with its subsidiaries, provides regulated waste management and related services. Stericycle Incorporated has a market cap of $7.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 32, above the average materials & construction industry P/E ratio of 31.5 and above the S&P 500 P/E ratio of 17.7. Shares are up 17.9% year to date as of the close of trading on Wednesday. Currently there are eight analysts that rate Stericycle Incorporated a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Stericycle Incorporated as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front, PGT ( PGTI), up 14.7%, Eagle Materials ( EXP), up 12.8%, Comfort Systems USA ( FIX), up 10.2%, and Quanta Services ( PWR), up 6.5%, were all gainers within the materials & construction industry with Lennar Corporation ( LEN) being today's featured materials & construction industry leader.

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).