Home Factor company Xometry is the industry’s top winner, while Zim sinks to review the loser tag

Xometry is the industry’s top winner, while Zim sinks to review the loser tag

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The week ending September 2 saw marginal gains, with the exception of Xometry (in this segment) which led the winners, as the broader market saw red. Meanwhile, ZIM extended their losses and once again took the top spot.

The sp 500 saw losses for the third consecutive week (-3.22%), the 11 sectors being in the red. Since the start of the year, the SPDR S&P 500 Trust ETF (TO SPY) is -17.42%. The Select Industrial Sector SPDR (XLI) also fell for the third consecutive week (-3.52%). Since the beginning of the year, XLI is –12.90%.

The top five gainers in the industrials sector (stocks with a market capitalization of over $2 billion) all gained more than +1% everyone this week. However, since the beginning of the year, only one of these five titles is in the green.

Xometry (NASDAQ: XMTR) +13.30%. Shares of the Derwood, Md.-based company rose throughout the week except Aug. 31 (-4.05%). Xometry, which provides a market for manufactured goods, is the only stock among the top five gainers this week, which is in the YTD green, +2.24%. The SA quantitative rating on stocks is Hold, which takes into account factors such as valuation and profitability, among other things. The rating contrasts with the average buy rating from Wall Street analysts, in which 3 out of 8 analysts rate it as a strong buy.

Ryanair (RYAAY) +4.30%. The Ireland-based airline’s August traffic hit a record high with 16.9 million passengers. Since the beginning of the year, RYAAY has paid -28.89% the most among this week’s top five gaienrs. The SA quantitative rating on the stock is Buy, with profitability having a factor rating of B+, while valuation has a factor rating of B-. The average Wall Street analyst rating indicates that RYAAY is a Strong Buy, in which 4 out of 4 analysts give the stock a Strong Buy rating.

The chart below shows the year-to-date price-yield performance of the five worst declines and XLI:

LPN (LPN) +3.49%. The Westchester, Ill.-based market operator for used cars may have posted minor gains this week, but year-to-date the stock has fallen -26.23%. The SA quantitative rating on the stock is Hold, with profitability carrying a factor rating of B+ and growth with an F score. The average Wall Street analyst rating differs and labels IAA as Strong Buy, where 5 out of 8 analysts consider the stock a Strong Buy.

ZTO Express (Caymans) (ZTO) +2.61%. The Chinese logistics service provider has an average Strong Buy rating from Wall Street analysts, with an average price target of $36.17, with 16 out of 22 analysts considering it a Strong Buy. Quantitative SA rating on ZTO is Buy, with valuation having a factor rating of D+ and growth with a score of B. Year-to-date, the shares have fallen -5.77%.

GFL Environment (GFL) +1.52%. The Canadian company has an average buy rating from Wall Street analysts, with 8 out of 14 analysts labeling the stock as long. The rating contrasts with Hold’s quantitative SA rating, with profitability carrying a factor rating of B+ and valuation with a factor rating of F. Year-to-date, the stock has fallen -24.17%.

This week’s top five declines among industrial stocks (market cap over $2 billion) all lost more than -11% each. Since the start of the year, four out of five of these stocks have been in the red.

ZIM Integrated Shipping Services (NYSE: ZIM) -16.37%. The Israeli shipping company was the first to decline for the second week in a row, after going ex-dividend on August 26, and has been declining throughout this week. Investors appear to have shifted lower to higher on container stock as shipping rates may be heading for a slowdown. Since the beginning of the year, ZIM has paid -41.68% and was among the five worst declines in June. Earlier in the week, ZIM signed a 10-year deal with Shell worth over $1 billion to supply 10 liquefied natural gas-powered ships.

The SA quantitative rating on the stock is Hold, with a valuation having a factor rating of A+ but growth with a factor rating of F. The average Wall Street analyst rating agrees and marks the stock like Hold, where 5 out of 7 analysts see it. like Hold.

AeroVironment (AVAV) -14.63%. Shares of the Arlington, Va.-based drone maker also fell throughout the week amid a tough week for the broader market. AVAV, however, was among the top five gainers two weeks ago and was among the top five performing industry stocks (in this segment) in the first half (+32.90%). Since the beginning of the year, AVAV has won +33.66%the only title among this week’s five worst that is in the green for this period.

The SA quantitative rating on the stock is Hold, with Valuation and Growth both carrying a D factor rating. The average Wall Street analyst rating differs, labeling AVAV as Buy, where 2 out of 6 analysts consider it a Strong Buy.

The chart below shows the year-to-date price-yield performance of the five worst declines and XLI:

Enovix (ENVX) -13.68%. The Fremont, Calif.-based battery maker pared gains made last week when it was the top earner. The stock has seen some major ups and downs – having posted gains following its quarterly results, but traded places in the top five gainers and losers since then. Since the beginning of the year, ENVX has lost -28.78%. The average Wall Street analyst rating on ENVX is Strong Buy, in which 5 out of 6 analysts rate the stock as a Strong Buy. The SA Quant rating matches its own Strong Buy rating, with Growth having a factor rating of B+ and Momentum with an A+ rating.

Nikola (NKLA) -12.17%. The stock declined throughout the week and returned to the bottom five performers after three weeks. Earlier this week, the Phoenix-based electric vehicle maker unveiled an exchange offer to buy all outstanding shares of Romeo Power, following the August 1 acquisition announcement, a week when the action had won.

NKLA was among the five worst industrial stocks (in this segment) in the first half (-51.82%) and the #1 decline in Q2 and June. Since the beginning of the year, the title has fallen -46.61%, the most among the five worst performers this week. The SA quantitative rating and the average Wall Street analyst rating agree, with a Hold rating on NKLA.

Spirit AeroSystems (SPR) -11.38%. The Wichita, Kansas-based aerodefense company also saw its shares tumble throughout the week. Since the beginning of the year, the title has fallen -33.16%. The SA quantitative rating on the stock is Strong Sell, with Profitability having a D+ factor rating and Growth with an F score. The average Wall Street analyst rating differs completely with a Strong Buy rating, in which 8 out of 14 analysts identify it. as a strong buy.