Fluor Corporation (FLR): Today's Featured Materials & Construction 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.

Fluor Corporation ( FLR) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Fluor Corporation fell 99 cents (-1.5%) to $63.71 on average volume. Throughout the day, 1.9 million shares of Fluor Corporation exchanged hands as compared to its average daily volume of 1.4 million shares. The stock ranged in price between $63.24-$64.70 after having opened the day at $64.70 as compared to the previous trading day's close of $64.70. Other companies within the Materials & Construction industry that declined today were: India Globalization Capital ( IGC), down 7.5%, Cementos Pacasmayo SAA ADR ( CPAC), down 2.3%, Republic Services ( RSG), down 2.3%, and Comstock ( CHCI), down 2.2%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. Fluor Corporation has a market cap of $10.86 billion and is part of the industrial goods sector. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7. Shares are up 11.1% year to date as of the close of trading on Thursday. Currently there are 15 analysts that rate Fluor Corporation a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Fluor Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, McDermott International ( MDR), up 8.6%, Goldfield ( GV), up 7.9%, China Advanced Construction Materials Group ( CADC), up 6%, and Heckmann ( HEK), up 5.1%, were all gainers within the materials & construction industry with Fastenal Company ( FAST) 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).

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%