5 Stocks Pushing The Materials & Construction 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 24 points (-0.2%) at 14,029 as of Friday, March 1, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,249 issues advancing vs. 1,609 declining with 131 unchanged.

The Materials & Construction industry currently sits down 0.1% versus the S&P 500, which is unchanged. A company within the industry that fell today was Fluor Corporation ( FLR), up 2.2%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. Waste Connections ( WCN) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Waste Connections is down $0.86 (-2.5%) to $33.35 on average volume Thus far, 225,783 shares of Waste Connections exchanged hands as compared to its average daily volume of 501,300 shares. The stock has ranged in price between $33.35-$34.11 after having opened the day at $34.09 as compared to the previous trading day's close of $34.21.

Waste Connections, Inc., an integrated solid waste services company, provides solid waste collection, transfer, disposal, and recycling services. Waste Connections has a market cap of $4.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 21.6, above the S&P 500 P/E ratio of 17.7. Shares are up 1.6% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Waste Connections a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Waste Connections as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Waste Connections Ratings Report now.

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4. As of noon trading, Foster Wheeler ( FWLT) is down $3.71 (-15.4%) to $20.35 on heavy volume Thus far, 6.0 million shares of Foster Wheeler exchanged hands as compared to its average daily volume of 855,200 shares. The stock has ranged in price between $19.35-$20.73 after having opened the day at $20.00 as compared to the previous trading day's close of $24.06.

Foster Wheeler AG, through its subsidiaries, operates as an engineering and construction contractor; and power generating equipment supplier worldwide. Foster Wheeler has a market cap of $2.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 15.5, below the S&P 500 P/E ratio of 17.7. Shares are down 1.8% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Foster Wheeler a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Foster Wheeler as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. Get the full Foster Wheeler Ratings Report now.

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3. As of noon trading, McDermott International ( MDR) is down $1.81 (-14.2%) to $10.91 on heavy volume Thus far, 9.3 million shares of McDermott International exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $10.87-$11.59 after having opened the day at $11.33 as compared to the previous trading day's close of $12.72.

McDermott International, Inc. operates as an engineering, procurement, construction, and installation (EPCI) company worldwide. It focuses on designing and executing complex offshore oil and gas projects. McDermott International has a market cap of $3.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 16.6, below the S&P 500 P/E ratio of 17.7. Shares are up 17.8% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate McDermott International a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates McDermott International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins. Get the full McDermott International Ratings Report now.

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2. As of noon trading, Republic Services ( RSG) is down $0.31 (-1.0%) to $31.13 on light volume Thus far, 567,039 shares of Republic Services exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $31.01-$31.32 after having opened the day at $31.30 as compared to the previous trading day's close of $31.44.

Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, and recycling and disposal services for commercial, industrial, municipal, and residential customers in the United States and Puerto Rico. Republic Services has a market cap of $11.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 20.2, above the S&P 500 P/E ratio of 17.7. Shares are up 6.7% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Republic Services a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Republic Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Republic Services Ratings Report now.

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1. As of noon trading, Waste Management ( WM) is down $0.57 (-1.5%) to $36.75 on light volume Thus far, 743,570 shares of Waste Management exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $36.73-$37.23 after having opened the day at $37.12 as compared to the previous trading day's close of $37.32.

Waste Management, Inc. provides waste management services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling and resource recovery, and disposal services. Waste Management has a market cap of $17.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 21.1, above the S&P 500 P/E ratio of 17.7. Shares are up 9.8% year to date as of the close of trading on Thursday. Currently there are no analysts that rate Waste Management a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Waste Management as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Waste Management Ratings Report now.

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If you are interested in one of these 4 stocks, 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).

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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