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

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 0.2%. By the end of trading, Cemex S.A.B. de C.V fell $0.43 (-3.6%) to $11.66 on light volume. Throughout the day, 8,720,601 shares of Cemex S.A.B. de C.V exchanged hands as compared to its average daily volume of 13,088,700 shares. The stock ranged in price between $11.62-$12.11 after having opened the day at $12.09 as compared to the previous trading day's close of $12.09. Other companies within the Materials & Construction industry that declined today were: Nuverra Environmental Solutions ( NES), down 11.8%, Gafisa ( GFA), down 8.1%, Empresas ICA S.A.B. de C.V ( ICA), down 5.3% and China Advanced Construction Materials Group ( CADC), down 5.1%.

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 $13.3 billion and is part of the industrial goods sector. Shares are up 22.8% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Cemex S.A.B. de C.V a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Cemex S.A.B. de C.V as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins.

On the positive front, Vertex Energy ( VTNR), up 16.2%, Avalon Holdings ( AWX), up 12.5%, Goldfield ( GV), up 6.2% and Stock Building Supply Holdings ( STCK), up 6.2% , were all gainers within the materials & construction industry with KB Home ( KBH) 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