3 Stocks Pushing The Materials & Construction Industry Lower

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The Materials & Construction industry as a whole closed the day down 1.6% versus the S&P 500, which was down 0.5%. Laggards within the Materials & Construction industry included Avalon Holdings ( AWX), down 3.7%, Comstock ( CHCI), down 3.1%, Lennar ( LEN.B), down 2.4%, TRC Companies ( TRR), down 3.0% and Abengoa ( ABGB), down 6.7%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

Abengoa ( ABGB) is one of the companies that pushed the Materials & Construction industry lower today. Abengoa was down $1.88 (6.7%) to $26.13 on light volume. Throughout the day, 8,863 shares of Abengoa exchanged hands as compared to its average daily volume of 17,700 shares. The stock ranged in price between $26.00-$26.37 after having opened the day at $26.19 as compared to the previous trading day's close of $28.01.

Abengoa has a market cap of $4.6 billion and is part of the industrial goods sector. Shares are up 85.8% year-to-date as of the close of trading on Thursday.

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At the close, TRC Companies ( TRR) was down $0.18 (3.0%) to $5.80 on light volume. Throughout the day, 27,035 shares of TRC Companies exchanged hands as compared to its average daily volume of 73,700 shares. The stock ranged in price between $5.80-$6.03 after having opened the day at $5.98 as compared to the previous trading day's close of $5.98.

TRC Companies, Inc. provides engineering, consulting, and construction management services in the United States. TRC Companies has a market cap of $177.7 million and is part of the industrial goods sector. Shares are down 16.2% year-to-date as of the close of trading on Thursday.

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TheStreet Ratings rates TRC Companies 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 notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and a generally disappointing performance in the stock itself.

Highlights from TheStreet Ratings analysis on TRR go as follows:

  • TRR's revenue growth has slightly outpaced the industry average of 4.4%. Since the same quarter one year prior, revenues rose by 10.0%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • TRR's debt-to-equity ratio is very low at 0.02 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.40, which illustrates the ability to avoid short-term cash problems.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Commercial Services & Supplies industry. The net income has significantly decreased by 53.9% when compared to the same quarter one year ago, falling from $3.10 million to $1.43 million.
  • The gross profit margin for TRC COS INC is currently extremely low, coming in at 6.58%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 1.18% trails that of the industry average.

You can view the full analysis from the report here: TRC Companies Ratings Report

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Comstock ( CHCI) was another company that pushed the Materials & Construction industry lower today. Comstock was down $0.04 (3.1%) to $1.24 on average volume. Throughout the day, 52,895 shares of Comstock exchanged hands as compared to its average daily volume of 50,900 shares. The stock ranged in price between $1.20-$1.30 after having opened the day at $1.30 as compared to the previous trading day's close of $1.28.

Comstock Holding Companies, Inc. operates as a real estate development and construction services company in the United States. The company operates through three segments: Homebuilding, Multi-family, and Real Estate Services. Comstock has a market cap of $24.0 million and is part of the industrial goods sector. Shares are down 36.0% year-to-date as of the close of trading on Thursday.

TheStreet Ratings rates Comstock as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally high debt management risk, disappointing return on equity, poor profit margins and weak operating cash flow.

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Highlights from TheStreet Ratings analysis on CHCI go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Household Durables industry. The net income has significantly decreased by 318.4% when compared to the same quarter one year ago, falling from $0.72 million to -$1.58 million.
  • The debt-to-equity ratio is very high at 10.87 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Household Durables industry and the overall market, COMSTOCK HOLDING COS INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for COMSTOCK HOLDING COS INC is rather low; currently it is at 20.18%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -19.85% is significantly below that of the industry average.
  • Net operating cash flow has significantly decreased to -$2.59 million or 163.52% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.

You can view the full analysis from the report here: Comstock Ratings Report

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

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3 Stocks Pushing The Materials & Construction Industry Lower

3 Stocks Pushing The Materials & Construction Industry Lower

3 Stocks Pushing The Materials & Construction Industry Lower

3 Stocks Pushing The Materials & Construction Industry Lower

3 Stocks Pushing The Materials & Construction Industry Lower

3 Stocks Pushing The Materials & Construction Industry Lower