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The Industrial Select Sector (XLI) rose +1.19% for the week ending Feb. 9, while the SPDR S&P 500 Trust ETF (SPY) grew +1.39% as the S&P 500 advanced above 5,000 points for the first time ever.
XLI was among the 8 of the 11 S&P 500 sectors which ended the week in the green.
The top five gainers in the industrial sector (stocks with a market cap of over $2B) all gained more than +12% each this week.
Masonite International (NYSE:DOOR) +40.24%. The door maker’s stock surged +35.09% on Friday after it agreed to be acquired by Owens Corning (OC) in a deal worth $3.9B.
DOOR has a SA Quant Rating — which takes into account factors such as Momentum, Profitability, and Valuation among others — of Hold. The stock has a factor grade of B- for Profitability and D+ for Growth. The average Wall Street Analysts’ Rating disagrees and has Buy rating, wherein 4 out of 9 analysts tag the stock as Strong Buy.
XPO (XPO) +26.75%. The trucking company’s stock rose +18.86% on Wednesday after fourth quarter results beat estimates. The SA Quant Rating on XPO is Hold with score of A+ for Momentum and D for Valuation. The average Wall Street Analysts’ Rating has a more positive view with a Buy rating, wherein 11 out of 22 analysts see the stock as Strong Buy.
The chart below shows 6-month price-return performance of the top five gainers and SPY:
Advanced Drainage Systems (WMS) +19.99%. Shares of the Ohio-based company climbed +14.40% on Thursday after third quarter Non-GAAP EPS and revenue exceeded analysts expectations. The SA Quant Rating on WMS is Hold with score of A for Profitability and F for Valuation. The average Wall Street Analysts’ Rating differs and has Strong Buy rating, wherein 6 out of 9 analysts view the stock as such.
Griffon (GFF) +15.97%. The building product maker’s stock grew +12.84% on Wednesday after first quarter results surpassed estimates. The SA Quant Rating on GFF is Buy, while the average Wall Street Analysts’ Rating is Strong Buy.
ArcBest (ARCB) +12.05%. The freight transportation service provider saw its shares surge +8.21% on Tuesday following positive fourth quarter results. The SA Quant Rating on ARCB is Hold, while the average Wall Street Analysts’ Rating is Strong Buy.
This week’s top five decliners among industrial stocks (market cap of over $2B) all lost more than -7% each.
Insperity (NYSE:NSP) -15.31%. Shares of the company, which provides human resource services, tumbled -14.78% on Thursday after quarterly results and guidance.
The SA Quant Rating on NSP is Hold with a factor grade of A+ for Profitability and D+ for Momentum. The rating is in contrast to the average Wall Street Analysts’ Rating of Buy, wherein 1 out of 4 analysts view the stock as such.
Vestis (VSTS) -14.54%. The workplace uniform provider’s stock dipped -12.91% on Wednesday after first quarter revenue came short of analysts’ expectations. The average Wall Street Analysts’ Rating on VSTS is Buy rating, wherein 6 out of 9 analysts tag the stock as Strong Buy.
The chart below shows 6-month price-return performance of the worst five decliners and XLI:
Snap-on (SNA) -10.31%. The tool maker’s shares fell -9.67% on Thursday to touch a three-month low after it reported slower U.S. sales. The SA Quant Rating on SNA is Hold with a factor grade of A for Profitability and C- for Growth. The average Wall Street Analysts’ Rating is also Hold, wherein 7 out of 13 analysts view the stock as such.
EnerSys (ENS) -7.89%. Shares of the Reading, Pa.-based company declined -7.26% on Thursday after third quarter revenue missed estimates. The SA Quant Rating on ENS is Hold which differs from the average Wall Street Analysts’ Rating of Buy.
ATS (ATS) -7.44%. The automated manufacturing systems maker’s stock fell the most on Thursday (-5.52%). The SA Quant Rating on ATS is Hold, while the average Wall Street Analysts’ Rating is Buy.