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.
Masco Corporation (
MAS) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 1.3%. By the end of trading, Masco Corporation rose 27 cents (1.7%) to $16.16 on light volume. Throughout the day, 3.6 million shares of Masco Corporation exchanged hands as compared to its average daily volume of 5.4 million shares. The stock ranged in a price between $14.49-$16.17 after having opened the day at $14.71 as compared to the previous trading day's close of $15.89. Other companies within the Materials & Construction industry that increased today were:
India Globalization Capital (
IGC), up 11%,
Tri-Tech (
TRIT), up 7.5%,
Hovnanian (
HOV), up 7.4%, and
Patrick Industries (
PATK), up 6.4%.
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Masco Corporation manufactures, distributes, and installs home improvement and building products primarily in North America and Europe. Masco Corporation has a market cap of $5.76 billion and is part of the industrial goods sector. The company has a P/E ratio of -11.4, below the S&P 500 P/E ratio of 17.7. Shares are up 53.9% year to date as of the close of trading on Friday. Currently there are two analysts that rate Masco Corporation a buy, two analysts rate it a sell, and nine rate it a hold.
TheStreet Ratings rates Masco Corporation as a
hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and weak operating cash flow.
On the negative front,
China Advanced Construction Materials Group (
CADC), down 12.6%,
Sharps Compliance Corporation (
SMED), down 3.5%,
Integrated Electrical Services (
IESC), down 3.5%, and
Gafisa (
GFA), down 2.9%, were all laggards within the materials & construction industry with
Fastenal Company (
FAST) being today's materials & construction industry laggard.
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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