Standard Pacific Corp (SPF): Today's Featured Materials & Construction Winner

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

Standard Pacific ( SPF) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day down 0.1%. By the end of trading, Standard Pacific rose $0.21 (2.2%) to $9.68 on average volume. Throughout the day, 5,077,692 shares of Standard Pacific exchanged hands as compared to its average daily volume of 4,993,500 shares. The stock ranged in a price between $9.25-$9.69 after having opened the day at $9.34 as compared to the previous trading day's close of $9.47. Other companies within the Materials & Construction industry that increased today were: China Advanced Construction Materials Group ( CADC), up 17.1%, Pope Resources ( POPE), up 4.1%, China Recycling Energy Corporation ( CREG), up 2.7% and Avalon Holdings ( AWX), up 2.6%.
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Standard Pacific Corp. operates as a builder of single-family attached and detached homes in the United States. It constructs homes targeting various homebuyers primarily move-up buyers in metropolitan markets in California, Florida, the Carolinas, Texas, Arizona, and Colorado. Standard Pacific has a market cap of $2.0 billion and is part of the industrial goods sector. The company has a P/E ratio of 6.4, below the S&P 500 P/E ratio of 17.7. Shares are up 27.3% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Standard Pacific a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Standard Pacific as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance 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.

On the negative front, Real Goods Solar ( RSOL), down 5.4%, Empresas ICA S.A.B. de C.V ( ICA), down 4.5%, James Hardie Industries ( JHX), down 3.9% and Comstock ( CHCI), down 3.0% , were all laggards within the materials & construction industry with DR Horton ( DHI) being today's materials & construction industry laggard.

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).

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