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