4 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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 42 points (0.3%) at 14,338 as of Thursday, March 7, 2013, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,674 issues advancing vs. 1,197 declining with 153 unchanged.

The Materials & Construction industry currently is unchanged today versus the S&P 500, which is up 0.2%. A company within the industry that fell today was James Hardie Industries ( JHX), up 1.7%. A company within the industry that increased today was Sherwin-Williams Company ( SHW), up 0.6%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. Quanex Building Products ( NX) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Quanex Building Products is down $1.56 (-7.6%) to $19.04 on heavy volume Thus far, 763,749 shares of Quanex Building Products exchanged hands as compared to its average daily volume of 313,300 shares. The stock has ranged in price between $18.00-$20.37 after having opened the day at $20.25 as compared to the previous trading day's close of $20.61.

Quanex Building Products Corporation, together with its subsidiaries, provides engineered and aluminum sheet products worldwide. The company operates in two segments, Engineered Products and Aluminum Sheet Products. Quanex Building Products has a market cap of $749.6 million and is part of the industrial goods sector. Shares are up 1.0% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate Quanex Building Products a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Quanex Building Products 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 solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow. Get the full Quanex Building Products Ratings Report now.

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

3. As of noon trading, Stericycle Incorporated ( SRCL) is down $0.61 (-0.6%) to $97.09 on light volume Thus far, 63,452 shares of Stericycle Incorporated exchanged hands as compared to its average daily volume of 491,700 shares. The stock has ranged in price between $96.80-$97.85 after having opened the day at $97.69 as compared to the previous trading day's close of $97.70.

Stericycle, Inc., together with its subsidiaries, provides regulated waste management and related services. Stericycle Incorporated has a market cap of $8.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 31.9, 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 Wednesday. Currently there are 8 analysts that rate Stericycle Incorporated a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Stericycle Incorporated as a buy. 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, growth in earnings per share, increase in net income and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Stericycle Incorporated Ratings Report now.

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

2. As of noon trading, Toll Brothers ( TOL) is down $0.42 (-1.2%) to $35.20 on light volume Thus far, 723,031 shares of Toll Brothers exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $34.95-$35.80 after having opened the day at $35.56 as compared to the previous trading day's close of $35.62.

Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities. It is also involved in building or converting existing rental apartment buildings into high-, mid-, and low-rise luxury homes. Toll Brothers has a market cap of $5.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 11.8, below the S&P 500 P/E ratio of 17.7. Shares are up 10.2% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Toll Brothers a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Toll Brothers as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Toll Brothers Ratings Report now.

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

1. As of noon trading, DR Horton ( DHI) is down $0.11 (-0.5%) to $23.60 on average volume Thus far, 2.4 million shares of DR Horton exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $23.36-$23.74 after having opened the day at $23.71 as compared to the previous trading day's close of $23.71.

D.R. Horton, Inc. operates as a homebuilding company. The company engages in the acquisition and development of land; and construction and sale of residential homes in 26 states and 77 markets in the United States primarily under the D.R. Horton, America's Builder name. DR Horton has a market cap of $7.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 8.3, below the S&P 500 P/E ratio of 17.7. Shares are up 19.9% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate DR Horton a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates DR Horton as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full DR Horton Ratings Report now.

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

If you are interested in one of these 5 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.
null

If you liked this article you might like

Today's Strong And Under The Radar Stock Is Quanex Building Products (NX)

Today's Strong And Under The Radar Stock Is Quanex Building Products (NX)

Why the Market Should Consolidate

Why the Market Should Consolidate

Quanex Building Products (NX) Is Today's Strong On High Volume Stock

Quanex Building Products (NX) Is Today's Strong On High Volume Stock

Quanex Building Products (NX) Stock: Weak On High Volume Today

Quanex Building Products (NX) Stock: Weak On High Volume Today

3 Stealthy Small-Cap Housing Stocks That Will Beat the S&P 500 This Year

3 Stealthy Small-Cap Housing Stocks That Will Beat the S&P 500 This Year