Face to face between the builders of the Spanish Stock Exchange

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But do not be confused in your choice since the divergences between the companies in the brick segment are very intense. Not all have the same assessment y mientras algunos son una opción de compra clara, en otros la mejor decisión es ausentarse de sus cargos. Y si se compra, no quedará más remedio que realizar las ventas oportunas, ya be parcial o absolutamente. No en vano, se trata de un sector económico muy diversificado y no todos los valores presentan las mismas condiciones en su análisis técnico y quizá inclusive desde la perspectiva de sus fundamentales.

From this general perspective, it is very useful to point out that not all the securities of Spanish construction companies have the same characteristics. Not much less, as you will be able to check from now on. There are some securities that can be purchased, but the opposite is true for others. You need to know the real estate de este importante sector de la economía española. Para que a partir de ahora puedas desarrollar un briefcase de inversiones racional y equilibrado que te hará rentabilizar tus ahorros desde estos precisos momentos.

ACS: shareholder favorite

ACS Group sales in the first nine months of the year reached 27,091 million euros, which represents a Increase of 5.2% and 11.4% in comparable terms, in other words, without considering the variation in the exchange rate impacted by the appreciation of the euro against other currencies in the last twelve months. This good evolution of all activities is based mainly on the growth of the North American, Australian and Spanish markets.

The geographical distribution of sales shows the wide group diversification, where North America represents 45% of sales, Europe 21%, Australia 19%, Asia 8%, South America 6% and Africa the remaining 1%. Sales in Spain represent 14% of total sales. Whatever the case, the price of its shares is framed in a clear upward trend and to the point of being one of the most attractive stock values to open positions from now on. With a buy recommendation from the vast majority of stock market analysts.

Acciona, the front page of the sector

Behind Florentino Pérez's company, Acciona stands out by becoming the second company in the more it has increased its market capital In recent months. And that it has significant potential for revaluation and in any case above other listed companies in its sector. It cannot be forgotten that it is one of the most recommended values by Spanish equity analysts. In a clear uptrend that can take you to much higher heights from now on.

On the other hand, Acciona is a stock exchange that has reached an agreement so that renewable energy supply to Telefónica in this current year. In this regard, the contract estimates an energy volume of 345 GWh, which will avoid the emission of 107,000 tons of CO2. Today, the supply represents 23% of T Telefónica's total electricity consumption and 58% of its high voltage demand. Acciona consolidates its energy commercialization business to large clients in Spain and Portugal, which reached 5,900 GWh in 2018, an additional 11%.

Ferrovial, with great expectations

Another of the construction companies that is going through a better time is the one chaired by Rafael del Pino, and that in the opinion of financial analysts has a upside potential levels close to 20%. At this moment an impeccable upward trend is developing that can make this value very interesting to have in a short and medium-term investment portfolio. Where small and medium investors can gain much more than lose.

Within this general scenario, the Spanish construction company has been awarded the expansion and reconstruction of a 6.7-mile (10.3-kilometer) section of the IH 35 highway, in Waco (Texas), for 341 million dollars, identical to 297 million euros. The contract marks the largest award in Webber's history. Where, the project also includes the execution of 22 bridges. The works, which will begin in spring 2019, have a completion period of 46 months.

The cross in Spanish construction companies

Not all is good news for this relevant sector of national equities. Because in effect, there are a number of companies that present themselves with a very delicate situation and that can lead them to depreciate more in financial markets from now on. This is the specific case of OHL, which has not yet stopped its powerful selling trend. With a series of processes and incidents that are not helping to gain the trust of small and medium investors. Where there is a great risk of losing a lot of euros in your positions.

All this despite the fact that OHL has added new contracts in the United States for more than 130 million euros. In this regard, it should be explained that the construction company Villar Mir has been present in the United States since 2006 and, at this moment, operates in nine states - Florida, New York, New Jersey, Texas, California, Illinois, Connecticut, Virginia and Massachusetts. - and the District of Columbia. But it does not seem that this type of news is enhancing the conformation of its prices. In this regard, its trend in technical analysis is downward in all terms of permanence: short, medium and long. With a sell order for investors who have taken positions at this market value.

Sacyr very weak on the stock market

Something similar happens to Sacyr, a company outside the selective index that has lost a lot of strength in recent years. It has gone from being one of the leading companies in the construction sector to one of which weaker technical aspect of everything. Specifically, since it left the Ibex 35 portfolio. In any case, it does not grant confidence margins such that they can become the object of investments by savers. If not, on the contrary, it is more profitable to stay on the sidelines in your operations.

In connection with the award notified yesterday by the Miami International Chamber of Commerce (ICC), Sacyr has clarified its situation regarding the progress of the channel de Panama. Where it clarifies that it has complied with its obligations corresponding to this award. The contract between GUPC and ACP established the date of June 2018 for the return of the advances. Despite everything, GUPC requested an arbitration to accompany the return of said advances to the resolution of the technical arbitrations. Whatever the case, compliance with the award by Sacyr will not affect the income statement or the shareholder remuneration policy.

FCC in no man's land

This construction company finds itself, on the other hand, in a very anodyne situation in which it does not end up defining itself. Not surprisingly, it has been immersed in a very consistent side channel for the past few months. Not being one of the best alternatives to take positions within this important business segment. On the contrary, commercial operations are the most sensitive so that savings can be profitable from now on. Mostly because is one of the most volatile stocks and that, therefore, it is not aimed at defensive or conservative investor profiles.

One of the most relevant novelties of FCC is that it has been incorporated into the prestigious sustainability stock index Good FTSE4 index, prepared every six months to indicate the performance of companies that demonstrate sound practices in environmental, social and corporate governance (ESG) matters. This index can be applied by a wide variety of market players to make sustainable investment decisions.

Como habrás podido ver en este post, en el sector de la construcción hay de todo, lo bueno y lo menos bueno. En uno de los sectores más ligados a los ciclos económicos y este es uno de los motivos de preocupación ante la desaceleración de la economía internacional y decididamente de la nacional. Con un riesgo evidente de que la valoración de sus acciones pueda depreciarse en este escenario coyuntural. Sobre todo debido a que is one of the most volatile stocks and that, therefore, it is not aimed at defensive or conservative investor profiles.