Consol Energy Inc (CNX): Today's Featured Metals & Mining Winner

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.

Consol Energy ( CNX) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 1.1%. By the end of trading, Consol Energy rose $2.63 (8%) to $35.48 on heavy volume. Throughout the day, seven million shares of Consol Energy exchanged hands as compared to its average daily volume of 3.5 million shares. The stock ranged in a price between $33.17-$35.69 after having opened the day at $33.24 as compared to the previous trading day's close of $32.85. Other companies within the Metals & Mining industry that increased today were: James River Coal Company ( JRCC), up 18.4%, Alpha Natural Resources ( ANR), up 17%, Arch Coal ( ACI), up 15.7%, and Thompson Creek Metals Company ( TC), up 11.1%.
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CONSOL Energy Inc. produces coal and natural gas for energy and raw material markets. The company is involved in the mining, preparation, and marketing steam coal primarily to electric power generation industry; and metallurgical coal to steel and coke producers. Consol Energy has a market cap of $7.54 billion and is part of the basic materials sector. The company has a P/E ratio of 12.4, equal to the average metals & mining industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 10.5% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate Consol Energy a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates Consol Energy as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, attractive valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and a generally disappointing performance in the stock itself.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

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