3 Stocks Pushing The Metals & Mining Industry Lower

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

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 57 points (-0.4%) at 13,942 as of Monday, Feb. 25, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,301 issues advancing vs. 1,576 declining with 144 unchanged.

The Metals & Mining industry currently sits up 0.6% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include Tenaris ( TS), down 1.5%, and Freeport-McMoRan Copper & Gold ( FCX), down 1.3%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. POSCO ( PKX) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, POSCO is down $0.99 (-1.2%) to $81.84 on average volume Thus far, 86,185 shares of POSCO exchanged hands as compared to its average daily volume of 217,800 shares. The stock has ranged in price between $81.82-$82.69 after having opened the day at $82.60 as compared to the previous trading day's close of $82.83.

POSCO engages in the manufacture and sale of steel products in Korea and internationally. POSCO has a market cap of $25.5 billion and is part of the basic materials sector. The company has a P/E ratio of 6.7, below the S&P 500 P/E ratio of 17.7. Shares are up 0.4% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates POSCO a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates POSCO as a hold. Among the primary strengths of the company is its attractive valuation levels, considering its current price compared to earnings, book value and other measures. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full POSCO Ratings Report now.

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2. As of noon trading, Nucor ( NUE) is down $0.41 (-0.9%) to $44.77 on light volume Thus far, 858,072 shares of Nucor exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $44.71-$45.56 after having opened the day at $45.47 as compared to the previous trading day's close of $45.18.

Nucor Corporation, together with its subsidiaries, engages in the manufacture and sale of steel and steel products in North America and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. Nucor has a market cap of $14.2 billion and is part of the basic materials sector. The company has a P/E ratio of 28.3, above the S&P 500 P/E ratio of 17.7. Shares are up 4.7% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Nucor a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Nucor as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Nucor Ratings Report now.

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1. As of noon trading, Peabody Energy Corporation ( BTU) is down $0.58 (-2.6%) to $22.10 on average volume Thus far, 4.2 million shares of Peabody Energy Corporation exchanged hands as compared to its average daily volume of 6.5 million shares. The stock has ranged in price between $22.04-$22.91 after having opened the day at $22.91 as compared to the previous trading day's close of $22.68.

Peabody Energy Corporation engages in the mining of coal. It mines, prepares, and sells thermal coal to electric utilities and metallurgical coal to industrial customers. Peabody Energy Corporation has a market cap of $6.2 billion and is part of the basic materials sector. The company has a P/E ratio of 27.5, above the S&P 500 P/E ratio of 17.7. Shares are down 13.2% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Peabody Energy Corporation a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Peabody Energy Corporation as a hold. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Peabody Energy Corporation Ratings Report now.

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If you are interested in one of these 5 stocks, 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).

A reminder about TheStreet Ratings group: 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.

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