Walter Energy Inc (WLT): Today's Featured Metals & Mining Laggard

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.

Walter Energy ( WLT) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole was unchanged today. By the end of trading, Walter Energy fell 40 cents (-1.1%) to $35.80 on average volume. Throughout the day, 2.7 million shares of Walter Energy exchanged hands as compared to its average daily volume of 3.3 million shares. The stock ranged in price between $34.76-$36.52 after having opened the day at $36.33 as compared to the previous trading day's close of $36.20. Other companies within the Metals & Mining industry that declined today were: Kimber Resources ( KBX), down 13.8%, Arch Coal ( ACI), down 12.8%, Prospect Global Resources ( PGRX), down 11.2%, and Timberline Resources Corporation ( TLR), down 8.1%.
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Walter Energy, Inc. produces and exports metallurgical coal for the steel industry primarily in the United States. The company also produces thermal and industrial coal, anthracite, metallurgical coke, coal bed methane gas, and other related products. Walter Energy has a market cap of $2.35 billion and is part of the basic materials sector. Shares are up 0.9% year to date as of the close of trading on Monday. Currently there are seven analysts that rate Walter Energy a buy, two analysts rate it a sell, and nine rate it a hold.

TheStreet Ratings rates Walter Energy as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, generally high debt management risk, disappointing return on equity and poor profit margins.

On the positive front, Quaterra Resources ( QMM), up 16.9%, Fortuna Silver Mines ( FSM), up 11.7%, Polymet Mining ( PLM), up 8.8%, and General Steel Holdings ( GSI), up 5.7%, were all gainers within the metals & mining industry with Freeport-McMoRan Copper & Gold ( FCX) being today's featured metals & mining industry leader.

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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