5 Stocks Underperforming Today In The Basic Materials Sector

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 127 points (0.8%) at 15,307 as of Tuesday, June 18, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Basic Materials sector currently sits up 0.4% versus the S&P 500, which is up 0.6%. On the negative front, top decliners within the sector include Franco-Nevada ( FNV), down 4.28, Newmont Mining Corporation ( NEM), down 3.18, Valhi ( VHI), down 4.11, Eldorado Gold ( EGO), down 3.27 and Barrick Gold Corporation ( ABX), down 2.83. Top gainers within the sector include Pioneer Natural Resources Company ( PXD), up 3.4%, Range Resources Corporation ( RRC), up 3.3%, Marathon Oil ( MRO), up 2.5%, Cabot Oil & Gas Corporation ( COG), up 2.0% and National Oilwell Varco ( NOV), up 1.8%.

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

5. Anglogold Ashanti ( AU) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Anglogold Ashanti is down $0.58 (-3.5%) to $15.82 on heavy volume Thus far, 3.2 million shares of Anglogold Ashanti exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $15.80-$16.35 after having opened the day at $16.24 as compared to the previous trading day's close of $16.40.

AngloGold Ashanti Limited engages in the exploration, production, and marketing of gold. It also produces by-products, such as silver, uranium, and sulfuric acid. Anglogold Ashanti has a market cap of $6.3 billion and is part of the metals & mining industry. The company has a P/E ratio of 10.1, below the S&P 500 P/E ratio of 17.7. Shares are down 47.7% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Anglogold Ashanti a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Anglogold Ashanti as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and deteriorating net income. Get the full Anglogold Ashanti Ratings Report now.

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

4. As of noon trading, Agnico Eagle Mines ( AEM) is down $0.93 (-3.0%) to $29.63 on light volume Thus far, 595,587 shares of Agnico Eagle Mines exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $29.51-$30.53 after having opened the day at $30.34 as compared to the previous trading day's close of $30.56.

Agnico-Eagle Mines Limited, through its subsidiaries, engages in the exploration, development, and production of mineral properties in Canada, Finland, and Mexico. It primarily explores for gold, as well as silver, copper, zinc, and lead. Agnico Eagle Mines has a market cap of $5.2 billion and is part of the metals & mining industry. The company has a P/E ratio of 19.7, above the S&P 500 P/E ratio of 17.7. Shares are down 41.7% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Agnico Eagle Mines a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Agnico Eagle Mines as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and unimpressive growth in net income. Get the full Agnico Eagle Mines Ratings Report now.

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

3. As of noon trading, Randgold Resources ( GOLD) is down $1.79 (-2.4%) to $73.00 on average volume Thus far, 420,365 shares of Randgold Resources exchanged hands as compared to its average daily volume of 824,500 shares. The stock has ranged in price between $72.50-$73.80 after having opened the day at $73.56 as compared to the previous trading day's close of $74.79.

Randgold Resources Limited engages in the exploration and development of gold deposits in Sub-Saharan Africa. Randgold Resources has a market cap of $6.9 billion and is part of the metals & mining industry. The company has a P/E ratio of 16.2, below the S&P 500 P/E ratio of 17.7. Shares are down 24.1% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Randgold Resources a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Randgold Resources 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 and feeble growth in the company's earnings per share. Get the full Randgold Resources Ratings Report now.

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

2. As of noon trading, Energy Transfer Partners L.P ( ETP) is down $0.66 (-1.3%) to $49.48 on light volume Thus far, 631,244 shares of Energy Transfer Partners L.P exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $49.15-$50.20 after having opened the day at $50.10 as compared to the previous trading day's close of $50.14.

Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. Energy Transfer Partners L.P has a market cap of $18.2 billion and is part of the energy industry. The company has a P/E ratio of 74.8, above the S&P 500 P/E ratio of 17.7. Shares are up 16.8% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Energy Transfer Partners L.P a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Energy Transfer Partners L.P as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, good cash flow from operations 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 Energy Transfer Partners L.P Ratings Report now.

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

1. As of noon trading, Petroleo Brasileiro SA Petrobras ( PBR.A) is down $0.15 (-0.9%) to $16.66 on average volume Thus far, 5.0 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $16.28-$16.74 after having opened the day at $16.42 as compared to the previous trading day's close of $16.81.

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $110.9 billion and is part of the energy industry. The company has a P/E ratio of 7.1, below the S&P 500 P/E ratio of 17.7. Shares are down 12.9% year to date as of the close of trading on Monday.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Petroleo Brasileiro SA Petrobras Ratings Report now.

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

If you are interested in one of these 5 stocks, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider Materials Select Sector SPDR ( XLB) while those bearish on the basic materials sector 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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