4 Stocks Underperforming Today In The Materials & Construction Industry

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 31 points (0.2%) at 15,006 as of Tuesday, July 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,611 issues advancing vs. 1,325 declining with 103 unchanged.

The Materials & Construction industry currently sits up 0.2% versus the S&P 500, which is up 0.4%.

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

4. Foster Wheeler ( FWLT) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Foster Wheeler is down $0.62 (-2.8%) to $21.36 on average volume. Thus far, 578,207 shares of Foster Wheeler exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $21.15-$22.02 after having opened the day at $22.02 as compared to the previous trading day's close of $21.99.

Foster Wheeler AG, through its subsidiaries, operates in engineering and construction, as well as power generating equipment businesses worldwide. Foster Wheeler has a market cap of $2.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 22.1, above the S&P 500 P/E ratio of 17.7. Shares are down 9.6% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Foster Wheeler a buy, no analysts rate it a sell, and 5 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 largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and feeble growth in the company's earnings per share. Get the full Foster Wheeler 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, Republic Services ( RSG) is down $0.32 (-0.9%) to $33.82 on light volume. Thus far, 563,358 shares of Republic Services exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $33.82-$34.31 after having opened the day at $34.09 as compared to the previous trading day's close of $34.14.

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 $12.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 22.5, above the S&P 500 P/E ratio of 17.7. Shares are up 15.7% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Republic Services a buy, no analysts rate it a sell, and 3 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, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Republic Services 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, Fluor Corporation ( FLR) is down $0.46 (-0.8%) to $58.56 on light volume. Thus far, 540,432 shares of Fluor Corporation exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $58.46-$59.25 after having opened the day at $58.97 as compared to the previous trading day's close of $59.02.

Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. The company operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services, and Power. Fluor Corporation has a market cap of $9.7 billion and is part of the industrial goods sector. The company has a P/E ratio of 21.2, above the S&P 500 P/E ratio of 17.7. Shares are up 1.0% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate Fluor Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Fluor Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Fluor Corporation 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, Cemex S.A.B. de C.V ( CX) is down $0.16 (-1.5%) to $10.55 on average volume. Thus far, 6.9 million shares of Cemex S.A.B. de C.V exchanged hands as compared to its average daily volume of 15.4 million shares. The stock has ranged in price between $10.46-$10.71 after having opened the day at $10.70 as compared to the previous trading day's close of $10.71.

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 $11.6 billion and is part of the industrial goods sector. Shares are up 8.5% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Cemex S.A.B. de C.V a buy, no analysts rate it a sell, and 7 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. Get the full Cemex S.A.B. de C.V 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 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).

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