Business

Azek climbs to top industrial gainer for the week, Hillenbrand sees #1 discount card


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The week ending December 16 sees the Federal Reserve advanced Its base rate increased by 50 basis points, but the agency still sees rates rising more than before to combat inflation. The US S&P Global Composite PMI has arrived lower expected in December, while import and export price keep sliding.

Ten of the 11 S&P 500 sectors end in the red with the Industrial Choice Industry SPDR (XLI) embed (-0.98%) for the second consecutive week. SPDR S&P 500 Trust ETF (spy) too fall (-2.55%) for the second consecutive week. YTD, SPY is -19.20%while XLI is -7.29%.

The top five gainers in the industrial sector (stocks with market capitalizations over $2 billion) all rose more than +4% every week. YTD, two of these five stocks are in the green.

Azek (NYSE:AZEK) +10.57%. Chicago-based flooring and construction products maker led the industry group in gains this week but YTD fell -53.18%.

The SA Quant rating — taking into account factors such as Momentum, Profitability, and Valuation among others — on AZEK is Organization. The stock has a factor score of C- for Profitability and D+ for Growth. Wall Street analysts’ average ratings differ from Buying rating, where 12 out of 20 analysts rate the stock as Strong Buy.

Flowering energy (IT IS IN) +7.67%. The California-based company — which provides the power generation platform — has an SA Quantitative Rating of Organization, with a score of B+ for Momentum and D- for Valuation. Rating as opposed to Wall Street Analysts Average Rating of Buying, where 10 out of 30 analysts consider the stock a Strong Buy. YTD, the stock has risen +0.50%.

The chart below shows YTD return price Movements of the top 5 gainers and SP500:

Leonardo DRS (DRS) +7.48%. Defense product manufacturers have arrived riser list for the second week in a row. Year-to-date, the stock is up +28.13%, the highest among the top 5 gainers this week. The Only Wall Street Analyst Rating for DRS is Strong Buy.

Plug in the power (PLUG) +4.94%. The Latham, New York-based company jumped from the discount list it found last week to a spot among the bulls this week. Stocks rallied the most on Wednesday after UBS analyst Manav Gupta started network coverage of PLUG with a Buy rating due to the company’s potential in the “green hydrogen” industry. The next day, Plug announced a car purchase and hydrogen supply agreement with Nikola.

However, YTD, the stock has dropped -50.34%, the most among the top 5 gainers this week. The SA Quantitative Rating for the stock is Sell, with an F for Profitability and a D for Momentum. Rating in stark contrast to Wall Street Analysts’ Average Rating of Buyingwhere 16 out of 31 analysts consider the stock a Strong Buy.

Installed construction products (IBP) +4.88%. Company based in Columbus, Ohio has collapsed -33.69% YTD and has an SA Quantitative Rating of Buying. Wall Street analysts’ average ratings differ from Organization Rating.

The top five losers this week among industrial stocks (market capitalization over $2 billion) all lost more than -9% every. Year-to-date, four out of five stocks are in the red.

Hillenbrand (NYSE:HELLO) -11.61%. Shares of a company based in Batesville, Ind. Biggest drop on Friday -8%. The day before that, Hillenbrand said that it was sell segment of its Batesville business to an affiliate of LongRange Capital for $761.5 million.

The Quantitative Rating of SA over HI is Buying, with a B- for Profitability and A- for Momentum. The average rating of Wall Street analysts is Strong buy, where 2 out of 3 analysts view the stock as such. YTD, the stock has fallen -15.33%.

unified airline (UAL) -10.71%. Stocks lost steam on Wednesday (-6.94%) after the company said it would buying up to 200 aircraft from Boeing while outline ambitious capital spending goals.

The SA Quantitative Rating on UAL is Buy strong, with a B for Growth and A- for Valuation. Wall Street analysts’ average rating for the stock is Buying, of which 7 out of 20 analysts rate the stock as Strong Buy. YTD, the stock has fallen -12.22%.

The chart below shows YTD return price movements of the 5 worst losers and XLI:

Americas (UHALB) -10.17%. UHALB non-voting common stock of a trucking and storage service provider based in Reno, Nev. has increased +1.92% YTD.

Zurn Elkay Water Solution (ZWS) -9.98%. Shares of the company is based in Milwaukee, Wis. dropped the most on December 15 (-9.95%). YTD, the stock has fallen -40.03%, the most of the five worst performers this week. The SA Quantitative Rating on ZWS is Sell, with C+ and D- Growth. The average rating of Wall Street analysts is quite different from one Strong buy rating, where 5 out of 6 analysts view the stock as such.

NuScale Power (SMR) -9.93%. The Portland, Ore-based company, which develops nuclear power plants using light water reactors, has seen its stock fall. -3.19% YTD. The SA Quantitative Rating on SMR is Organizationwhile the Average Rating of Wall Street Analysts is Buying.

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