KB Home (KBH): Today's Featured Materials & Construction Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

KB Home ( KBH) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day up 0.6%. By the end of trading, KB Home fell $0.46 (-2.3%) to $19.30 on average volume. Throughout the day, 3,641,377 shares of KB Home exchanged hands as compared to its average daily volume of 4,628,800 shares. The stock ranged in price between $19.18-$19.97 after having opened the day at $19.76 as compared to the previous trading day's close of $19.76. Other companies within the Materials & Construction industry that declined today were: Sherwin-Williams Company ( SHW), down 8.3%, Jewett-Cameron Trading Company ( JCTCF), down 4.4%, James Hardie Industries ( JHX), down 4.0% and Primoris Services Corporation ( PRIM), down 2.8%.

KB Home operates as a homebuilding and financial services company in the United States. The company constructs and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers. KB Home has a market cap of $1.6 billion and is part of the industrial goods sector. Shares are up 25.1% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate KB Home a buy, 2 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates KB Home as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, weak operating cash flow and poor profit margins.

On the positive front, Tri-Tech ( TRIT), up 5.0%, Universal Forest Products ( UFPI), up 4.8%, Granite Construction ( GVA), up 4.7% and Skyline Corporation ( SKY), up 4.1% , were all gainers within the materials & construction industry with Weyerhaeuser ( WY) 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

More from Markets

Baidu Stock Plummets After COO Qi Lu Resignation

Baidu Stock Plummets After COO Qi Lu Resignation

Wondering What Blockchain Technology Really Is? This Expert Explains It All

Wondering What Blockchain Technology Really Is? This Expert Explains It All

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec

Gold Prices Look 'Rich' at Current Levels - Here's What Could Change That

Gold Prices Look 'Rich' at Current Levels - Here's What Could Change That