BECN, SRCL, LPX, MAS And FLR, Pushing Materials & Construction Industry Downward

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 79 points (-0.5%) at 15,419 as of Friday, Aug. 9, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,348 issues advancing vs. 1,561 declining with 117 unchanged.

The Materials & Construction industry currently sits down 0.1% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include Tutor Perini ( TPC), down 5.1%, Darling International ( DAR), down 2.1%, PulteGroup ( PHM), down 0.7%, DR Horton ( DHI), down 0.7% and Cemex S.A.B. de C.V ( CX), down 0.6%.

TheStreet would like to highlight 5 stocks pushing the industry lower today:

5. Beacon Roofing Supply ( BECN) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Beacon Roofing Supply is down $2.16 (-5.4%) to $37.53 on heavy volume. Thus far, 976,923 shares of Beacon Roofing Supply exchanged hands as compared to its average daily volume of 383,400 shares. The stock has ranged in price between $36.53-$39.83 after having opened the day at $38.88 as compared to the previous trading day's close of $39.69.

Beacon Roofing Supply, Inc. distributes residential and non-residential roofing materials to contractors, home builders, building owners, and other resellers. Beacon Roofing Supply has a market cap of $1.9 billion and is part of the services sector. Shares are up 17.5% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Beacon Roofing Supply a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Beacon Roofing Supply as a buy. 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 solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Beacon Roofing Supply Ratings Report now.

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