Cemex S.A.B. De C.V. (CX): 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

Cemex S.A.B. de C.V ( CX) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day up 0.9%. By the end of trading, Cemex S.A.B. de C.V fell $0.15 (-1.4%) to $10.31 on average volume. Throughout the day, 10,936,975 shares of Cemex S.A.B. de C.V exchanged hands as compared to its average daily volume of 14,226,400 shares. The stock ranged in price between $10.24-$10.64 after having opened the day at $10.56 as compared to the previous trading day's close of $10.46. Other companies within the Materials & Construction industry that declined today were: Tri-Tech ( TRIT), down 4.6%, Guanwei Recycling ( GPRC), down 4.5%, China Ceramics ( CCCL), down 4.2% and Gafisa ( GFA), down 3.3%.
  • 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

CEMEX, S.A.B. de C.V., through its subsidiaries, engages in the production and sale of cement, ready-mix concrete, aggregates, and other construction materials in Mexico, the United States, Northern Europe, the Mediterranean, South America, the Caribbean, and Asia. Cemex S.A.B. de C.V has a market cap of $11.5 billion and is part of the industrial goods sector. Shares are up 6.0% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Cemex S.A.B. de C.V a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Cemex S.A.B. de C.V as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

On the positive front, Universal Forest Products ( UFPI), down 9.8%, Dycom Industries ( DY), down 6.1%, Cementos Pacasmayo SAA ADR ( CPAC), down 5.9% and Trex Company ( TREX), down 5.2% , were all gainers within the materials & construction industry with DR Horton ( DHI) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

Trump Portfolio Beats S&P 500 in First 100 Days, Led by GEO Prison Stock

Twilio, HubSpot, TG Therapeutics, Under Armour: 'Mad Money' Lightning Round

Don't Be Fooled by This Retail Relief Rally: Cramer's 'Mad Money' Recap (Thursday 4/6/17)

Cemex Stock Upgraded to 'Overweight' at Morgan Stanley

Mexico to Mexican Companies: Don't Help Build That Wall