With the President Obama’s proposal of six-year $478 billion infrastructure plan in his budget for the 2016 fiscal year, we have shortlisted six U.S. infrastructure construction stocks that would benefit from the recent proposal. These stocks have reported decent operating profit margins during their trailing twelve month period. The one day percentage gain in price suggests that these stocks are incorporating the recent proposal in their price, while during the past one month; only one stock has registered price gain with daily average trading volumes in excess of 100,000.
| Company Name |
Ticker |
Exchange |
Market Cap |
Last Price |
Average Volume |
Price Change (1-Month) |
Price Change (1-Day) |
TTM Operating Margin |
|
Dycom Industries Inc |
DY |
NYSE |
1,134.8 |
33.32 |
261,031 |
-5.2% |
8.1% |
4.7% |
|
Primoris Services Corp |
PRIM |
NASDAQ |
1,023.5 |
19.85 |
329,903 |
-13.6% |
5.7% |
6.0% |
|
MasTec Inc |
MTZ |
NYSE |
1,598.2 |
19.52 |
1,124,963 |
-10.0% |
5.4% |
5.8% |
|
Chicago Bridge & Iron Co NV |
CBI |
NYSE |
3,931.0 |
36.30 |
2,606,443 |
-13.7% |
5.2% |
7.3% |
|
Willbros Group Inc |
WG |
NYSE |
291.4 |
5.75 |
476,445 |
-8.6% |
3.0% |
2.6% |
|
EnerNOC Inc |
ENOC |
NASDAQ |
507.9 |
17.41 |
262,806 |
10.8% |
1.1% |
7.0% |
Source: Bloomberg
Company Description
Dycom Industries Inc (NYSE: DY)
Dycom Industries, Inc. provides engineering, construction, and maintenance services to telecomm providers in the United States. In addition to its primary services, the Company performs underground utility locating and electric utility contracting services. Dycom also provides services related to the installation of integrated voice, data, and video networks in office buildings.
Primoris Services Corp (NASDAQ: PRIM)
Primoris Services Corporation is a holding company. The company, through its subsidiaries, provides wide range of construction, fabrication, maintenance and replacement services, as well as engineering services to public utilities, petrochemical companies, energy companies, municipalities and other customers.
MasTec Inc (NYSE: MTZ)
MasTec Inc. is a specialty contractor operating across a range of industries. The companys activities are the building, installation, maintenance and upgrade of utility and communications infrastructure, including electrical utility transmission and distribution, windfarms, solar farms, other renewable energy and natural gas infrastructure, wireless, wireline, etc.
Chicago Bridge & Iron Co NV (NYSE: CBI)
Chicago Bridge & Iron Company N.V. provides design, engineering, construction, fabrication, maintenance and environmental services. The company builds and repairs bulk liquid terminals, storage tanks, process vessels, and low temperature and cryogenic storage facilities. CB&I offer its services worldwide to the oil and gas, infrastructure, wastewater and power industries.
Willbros Group Inc (NYSE: WG)
Willbros Group, Inc. is an independent contractor providing construction, engineering and specialty services to the oil and gas industry, for private industry and government entities worldwide. The company’s services include building and replacement of major pipelines, flow stations, pump stations, gas compressor stations, oil and gas facilities, piers, docks and bridges.
EnerNOC Inc (NASDAQ: ENOC)
EnerNOC, Inc. develops and provides clean and intelligent power solutions to commercial, institutional and industrial customers, as well as electric power grid operators and utilities. The company, through its network centers remotely manages electricity consumption across a network of end-use customer sites.
