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35200.0 | 2020-04-13 00:00:00 UTC | Indigo Books & Music taps Canada's relief program, rehires 545 staff | AC | https://www.nasdaq.com/articles/indigo-books-music-taps-canadas-relief-program-rehires-545-staff-2020-04-13 | nan | nan | April 13 (Reuters) - Bookstore chain Indigo Books & Music Inc IDG.TO said on Monday that it rehired about 545 of its retail staff, two weeks after the Canadian government announced subsidies to help businesses pay wages amid the coronavirus crisis
The company temporarily closed its stores on March 17 and laid off 5,200 of its retail employees on a short-term basis, it said.
The COVID-19 pandemic is expected to have a "material" impact on financials for fiscal 2021, Indigo said, but did not quantify the hit due to uncertainties.
The Canadian government recently unveiled a wage subsidy program, known as the Canada Emergency Wage Subsidy (CEWS), that would cover up to 75% of the workers' wages for employers of all sizes who had suffered revenue declines of 30% or more due to the pandemic.
The CEWS aims to help employers keep and return Canadian-based employees to payrolls for a period between March 15 to June 6, in response to challenges posed by the COVID-19 pandemic.
Air Canada AC.TO last week said it planned to adopt the government's wage subsidy for its 36,000 Canada-based workforce, in a bid to keep its employees on payroll.
(Reporting by Nivedita Balu in Bengaluru; Editing by Anil D'Silva)
((Nivedita.Balu@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6749 4822/ Twitter: @niveditabalu;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Air Canada AC.TO last week said it planned to adopt the government's wage subsidy for its 36,000 Canada-based workforce, in a bid to keep its employees on payroll. The COVID-19 pandemic is expected to have a "material" impact on financials for fiscal 2021, Indigo said, but did not quantify the hit due to uncertainties. April 13 (Reuters) - Bookstore chain Indigo Books & Music Inc IDG.TO said on Monday that it rehired about 545 of its retail staff, two weeks after the Canadian government announced subsidies to help businesses pay wages amid the coronavirus crisis The company temporarily closed its stores on March 17 and laid off 5,200 of its retail employees on a short-term basis, it said. | Air Canada AC.TO last week said it planned to adopt the government's wage subsidy for its 36,000 Canada-based workforce, in a bid to keep its employees on payroll. The COVID-19 pandemic is expected to have a "material" impact on financials for fiscal 2021, Indigo said, but did not quantify the hit due to uncertainties. April 13 (Reuters) - Bookstore chain Indigo Books & Music Inc IDG.TO said on Monday that it rehired about 545 of its retail staff, two weeks after the Canadian government announced subsidies to help businesses pay wages amid the coronavirus crisis The company temporarily closed its stores on March 17 and laid off 5,200 of its retail employees on a short-term basis, it said. | The COVID-19 pandemic is expected to have a "material" impact on financials for fiscal 2021, Indigo said, but did not quantify the hit due to uncertainties. Air Canada AC.TO last week said it planned to adopt the government's wage subsidy for its 36,000 Canada-based workforce, in a bid to keep its employees on payroll. April 13 (Reuters) - Bookstore chain Indigo Books & Music Inc IDG.TO said on Monday that it rehired about 545 of its retail staff, two weeks after the Canadian government announced subsidies to help businesses pay wages amid the coronavirus crisis The company temporarily closed its stores on March 17 and laid off 5,200 of its retail employees on a short-term basis, it said. | The COVID-19 pandemic is expected to have a "material" impact on financials for fiscal 2021, Indigo said, but did not quantify the hit due to uncertainties. Air Canada AC.TO last week said it planned to adopt the government's wage subsidy for its 36,000 Canada-based workforce, in a bid to keep its employees on payroll. April 13 (Reuters) - Bookstore chain Indigo Books & Music Inc IDG.TO said on Monday that it rehired about 545 of its retail staff, two weeks after the Canadian government announced subsidies to help businesses pay wages amid the coronavirus crisis The company temporarily closed its stores on March 17 and laid off 5,200 of its retail employees on a short-term basis, it said. |
35201.0 | 2020-04-09 00:00:00 UTC | TSX jumps after massive U.S. Fed stimulus | AC | https://www.nasdaq.com/articles/tsx-jumps-after-massive-u.s.-fed-stimulus-2020-04-09 | nan | nan | April 9 (Reuters) - Canada's main stock index rose on Thursday as the U.S. Federal Reserve's massive program to shore up the world's largest economy overshadowed record domestic job losses in March.
* Canada lost a 1 million jobs in March, while the unemployment rate soared to 7.8%, official data showed, as the new coronavirus outbreak forced the closure of non-essential businesses.
* However, bolstering investor sentiment was a broad, $2.3 trillion effort by the U.S. Federal Reserve to bolster local governments and small and mid-sized businesses in its latest move to keep the U.S. economy intact.
* All the major TSX sectors were higher, with materials leading gains with a 3.1% rise.
* The sector, which mostly comprises of precious metal miners, was helped by gold futures GCc1, which rose 3.1% to $1,716.3 an ounce. GOL/MET/L
* At 9:45 a.m. ET (13:45 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 338.34 points, or 2.43%, at 14,264.05.
* The index is set to wrap up the holiday-shortened week with its biggest percentage gain since 2009.
* The energy sector .SPTTEN climbed 3% as oil prices jumped on hopes that the world's leading crude producers would soon agree to cut output in response to a collapse in global demand. O/R
* U.S. crude CLc1 prices were up 6.6% a barrel, while Brent crude LCOc1 added 4.3%.
* On the TSX, 221 issues were higher, while 9 issues declined for a 24.56-to-1 ratio favouring gainers, with 35.98 million shares traded.
* The largest percentage gainers on the TSX were Air Canada , which jumped 14.9%, and Bausch Health Co , which rose 15%.
* Maple Leaf Foods Inc and Empire Company Ltd EMPa.TO both fell nearly 1%, the most on the TSX.
* The most heavily traded shares by volume were Bombardier , Air Canada and MEG Energy Corp .
* The TSX posted three new 52-week highs and no new low.
* Across all Canadian issues there were eight new 52-week highs and three new lows, with total volume of 60.67 million shares.
(Reporting by Medha Singh in Bengaluru; Editing by Amy Caren Daniel)
((Medha.Singh@thomsonreuters.com; within U.S. +1646 223 8780, outside U.S. +91 80 6182 2802; Twitter: https://twitter.com/medhasinghs;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | * However, bolstering investor sentiment was a broad, $2.3 trillion effort by the U.S. Federal Reserve to bolster local governments and small and mid-sized businesses in its latest move to keep the U.S. economy intact. * Across all Canadian issues there were eight new 52-week highs and three new lows, with total volume of 60.67 million shares. April 9 (Reuters) - Canada's main stock index rose on Thursday as the U.S. Federal Reserve's massive program to shore up the world's largest economy overshadowed record domestic job losses in March. | * However, bolstering investor sentiment was a broad, $2.3 trillion effort by the U.S. Federal Reserve to bolster local governments and small and mid-sized businesses in its latest move to keep the U.S. economy intact. * Across all Canadian issues there were eight new 52-week highs and three new lows, with total volume of 60.67 million shares. April 9 (Reuters) - Canada's main stock index rose on Thursday as the U.S. Federal Reserve's massive program to shore up the world's largest economy overshadowed record domestic job losses in March. | * However, bolstering investor sentiment was a broad, $2.3 trillion effort by the U.S. Federal Reserve to bolster local governments and small and mid-sized businesses in its latest move to keep the U.S. economy intact. * Across all Canadian issues there were eight new 52-week highs and three new lows, with total volume of 60.67 million shares. April 9 (Reuters) - Canada's main stock index rose on Thursday as the U.S. Federal Reserve's massive program to shore up the world's largest economy overshadowed record domestic job losses in March. | * Across all Canadian issues there were eight new 52-week highs and three new lows, with total volume of 60.67 million shares. * However, bolstering investor sentiment was a broad, $2.3 trillion effort by the U.S. Federal Reserve to bolster local governments and small and mid-sized businesses in its latest move to keep the U.S. economy intact. April 9 (Reuters) - Canada's main stock index rose on Thursday as the U.S. Federal Reserve's massive program to shore up the world's largest economy overshadowed record domestic job losses in March. |
35202.0 | 2020-04-08 00:00:00 UTC | Air Canada to use government subsidies to keep employees on payroll | AC | https://www.nasdaq.com/articles/air-canada-to-use-government-subsidies-to-keep-employees-on-payroll-2020-04-08-0 | nan | nan | Adds comment from sources and worker unions
April 8 (Reuters) - Air Canada AC.TO said on Wednesday it plans to adopt the government's wage subsidy for its 36,000 Canada-based workforce, in a bid to keep its employees on payroll as it wrestles with the economic fallout from the COVID-19 pandemic.
The Canadian government recently unveiled a wage subsidy program, known as the Canada Emergency Wage Subsidy (CEWS), that would cover up to 75% of the workers' wages for employers of all sizes who had suffered revenue declines of 30% or more due to the pandemic.
Prime Minister Justin Trudeau said on Wednesday Ottawa would modify the program to only require a 15% revenue decline in March so that more companies could qualify.
The CEWS aims to help employers keep and return Canadian-based employees to payrolls for a period between March 15 to June 6, in response to the challenges posed by the pandemic.
Unions representing Air Canada flight attendants and maintenance workers said on Wednesday they were working with the carrier to seal a deal that would give 75% of normal hourly wages to employees until June 6 or earlier, once the workers are recalled for duty.
The deal would be retroactive to March 15, the Canadian Union of Public Employees and International Association of Machinists and Aerospace Workers representing the Air Canada workers said.
Air Canada workers will decide whether it is in their best interest to return to work or take benefits under a separate emergency federal program that currently offers C$2,000 a month to Canadians who have had no income for a minimum of 14 days because of the outbreak, two sources familiar with the matter said.
The Canadian carrier said it now expects its cost reduction and capital deferral program to be at least $750 million for the year, up from its previous target of $500 million.
The airline's shares were up more than 9% at C$18.10 by 0443 GMT. The stock has declined about 63% so far this year.
"Depending on wage levels, many furloughed employees will get a somewhat higher amount under CEWS (Canada Emergency Wage Subsidy)," Chief Executive Officer Calin Rovinescu said.
Major airlines across the world have announced layoffs, wage cuts and unpaid leave for staff amid the pandemic that has dried demand and brought travel to a virtual halt.
Air Canada said in March it would cut second-quarter capacity by 85%-90%, place about 15,200 unionized employees off duty and furlough about 1,300 managers, beginning on or about April 3.
(Reporting by Sanjana Shivdas and Ankit Ajmera in Bengaluru, Allison Lampert in Montreal and Kelsey Johnson in Ottawa; Editing by Shailesh Kuber, Aditya Soni)
((SanjanaSitara.Shivdas@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 80 6749 1642; Twitter: @SanjanaShivdas;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Adds comment from sources and worker unions April 8 (Reuters) - Air Canada AC.TO said on Wednesday it plans to adopt the government's wage subsidy for its 36,000 Canada-based workforce, in a bid to keep its employees on payroll as it wrestles with the economic fallout from the COVID-19 pandemic. Major airlines across the world have announced layoffs, wage cuts and unpaid leave for staff amid the pandemic that has dried demand and brought travel to a virtual halt. The deal would be retroactive to March 15, the Canadian Union of Public Employees and International Association of Machinists and Aerospace Workers representing the Air Canada workers said. | Adds comment from sources and worker unions April 8 (Reuters) - Air Canada AC.TO said on Wednesday it plans to adopt the government's wage subsidy for its 36,000 Canada-based workforce, in a bid to keep its employees on payroll as it wrestles with the economic fallout from the COVID-19 pandemic. The deal would be retroactive to March 15, the Canadian Union of Public Employees and International Association of Machinists and Aerospace Workers representing the Air Canada workers said. Major airlines across the world have announced layoffs, wage cuts and unpaid leave for staff amid the pandemic that has dried demand and brought travel to a virtual halt. | Adds comment from sources and worker unions April 8 (Reuters) - Air Canada AC.TO said on Wednesday it plans to adopt the government's wage subsidy for its 36,000 Canada-based workforce, in a bid to keep its employees on payroll as it wrestles with the economic fallout from the COVID-19 pandemic. The deal would be retroactive to March 15, the Canadian Union of Public Employees and International Association of Machinists and Aerospace Workers representing the Air Canada workers said. Major airlines across the world have announced layoffs, wage cuts and unpaid leave for staff amid the pandemic that has dried demand and brought travel to a virtual halt. | Air Canada said in March it would cut second-quarter capacity by 85%-90%, place about 15,200 unionized employees off duty and furlough about 1,300 managers, beginning on or about April 3. Adds comment from sources and worker unions April 8 (Reuters) - Air Canada AC.TO said on Wednesday it plans to adopt the government's wage subsidy for its 36,000 Canada-based workforce, in a bid to keep its employees on payroll as it wrestles with the economic fallout from the COVID-19 pandemic. The deal would be retroactive to March 15, the Canadian Union of Public Employees and International Association of Machinists and Aerospace Workers representing the Air Canada workers said. |
35203.0 | 2020-04-08 00:00:00 UTC | Air Canada to use government subsidies to keep employees on payroll | AC | https://www.nasdaq.com/articles/air-canada-to-use-government-subsidies-to-keep-employees-on-payroll-2020-04-08 | nan | nan | April 8 (Reuters) - Air Canada AC.TO said on Wednesday it intends to adopt the government's wage subsidy for its 36,000 Canada-based workforce, in a bid to keep its employees on payroll as the carrier wrestles with the coronavirus fallout.
The Canadian government had recently announced the Canada Emergency Wage Subsidy (CEWS) to reimburse employers suffering revenue declines exceeding 30%.
The CEWS aims to help employers keep and return Canadian-based employees to payrolls for a period between March 15 to June 6, in response to challenges posed by the COVID-19 pandemic.
The Canadian carrier now expects its cost reduction and capital deferral program to be at least $750 million for the year, up from its previous target of $500 million.
"Depending on wage levels, many furloughed employees will get a somewhat higher amount under CEWS," Chief Executive Officer Calin Rovinescu said.
Major airlines across the world have announced layoffs, wage cuts and unpaid leave for staff amid the pandemic which has dried demand and brought travel to a virtual halt.
Air Canada had said in March it would cut second-quarter capacity by 85%-90%, place about 15,200 unionized employees off duty and furlough about 1,300 managers, beginning on or about April 3.
(Reporting by Sanjana Shivdas in Bengaluru; Editing by Shailesh Kuber)
((SanjanaSitara.Shivdas@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 80 6749 1642; Twitter: @SanjanaShivdas;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | April 8 (Reuters) - Air Canada AC.TO said on Wednesday it intends to adopt the government's wage subsidy for its 36,000 Canada-based workforce, in a bid to keep its employees on payroll as the carrier wrestles with the coronavirus fallout. Major airlines across the world have announced layoffs, wage cuts and unpaid leave for staff amid the pandemic which has dried demand and brought travel to a virtual halt. Air Canada had said in March it would cut second-quarter capacity by 85%-90%, place about 15,200 unionized employees off duty and furlough about 1,300 managers, beginning on or about April 3. | April 8 (Reuters) - Air Canada AC.TO said on Wednesday it intends to adopt the government's wage subsidy for its 36,000 Canada-based workforce, in a bid to keep its employees on payroll as the carrier wrestles with the coronavirus fallout. Major airlines across the world have announced layoffs, wage cuts and unpaid leave for staff amid the pandemic which has dried demand and brought travel to a virtual halt. Air Canada had said in March it would cut second-quarter capacity by 85%-90%, place about 15,200 unionized employees off duty and furlough about 1,300 managers, beginning on or about April 3. | April 8 (Reuters) - Air Canada AC.TO said on Wednesday it intends to adopt the government's wage subsidy for its 36,000 Canada-based workforce, in a bid to keep its employees on payroll as the carrier wrestles with the coronavirus fallout. Major airlines across the world have announced layoffs, wage cuts and unpaid leave for staff amid the pandemic which has dried demand and brought travel to a virtual halt. Air Canada had said in March it would cut second-quarter capacity by 85%-90%, place about 15,200 unionized employees off duty and furlough about 1,300 managers, beginning on or about April 3. | April 8 (Reuters) - Air Canada AC.TO said on Wednesday it intends to adopt the government's wage subsidy for its 36,000 Canada-based workforce, in a bid to keep its employees on payroll as the carrier wrestles with the coronavirus fallout. Major airlines across the world have announced layoffs, wage cuts and unpaid leave for staff amid the pandemic which has dried demand and brought travel to a virtual halt. Air Canada had said in March it would cut second-quarter capacity by 85%-90%, place about 15,200 unionized employees off duty and furlough about 1,300 managers, beginning on or about April 3. |
35204.0 | 2020-03-10 00:00:00 UTC | Validea Peter Lynch Strategy Daily Upgrade Report - 3/10/2020 | AC | https://www.nasdaq.com/articles/validea-peter-lynch-strategy-daily-upgrade-report-3-10-2020-2020-03-10 | nan | nan | The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.
CIVISTA BANCSHARES INC (CIVB) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Civista Bancshares, Inc. is a financial holding company. The Company, through the subsidiary bank, Civista Bank, is primarily engaged in the business of community banking. Civista Bank, located in Erie, Crawford, Champaign, Cuyahoga, Franklin, Logan, Madison, Montgomery, Summit, Huron, Ottawa and Richland Counties, Ohio, conducts a general banking business that involves collecting customer deposits, making loans, purchasing securities, and offering Trust services. The Company's loan portfolio consists of commercial and agriculture, commercial real estate-owner occupied, commercial real estate non-owner occupied, residential real estate, real estate construction, consumer and other. Its securities are classified as available-for-sale (AFS) securities. Its deposits include non-interest-bearing demand deposits; interest-bearing demand deposits; savings account, including money market deposit accounts, and certificates of deposit, including individual retirement accounts (IRAs).
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
PERFORMANCE FOOD GROUP CO (PFGC) is a mid-cap growth stock in the Food Processing industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products. The Company operates through three segments: Performance Foodservice, PFG Customized and Vistar. The Performance Foodservice segment distributes a range of national brands, customer brands, and branded food and food-related products. It sells to independent or street, and multi-unit or chain, restaurants and other institutions. Its PFG Customized segment provides service to family and casual dining restaurant chains, and fast casual and quick service restaurant chains. Its Vistar segment specializes in distributing candy, snacks, beverages and other items nationally to the vending, office coffee service, theater, hospitality and other channels. Its products include a range of frozen foods, such as meats, fully prepared appetizers and entrees, and desserts; a range of canned and dry foods; fresh meats; dairy products; beverage products, and snack and other products.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
ASSOCIATED CAPITAL GROUP INC (AC) is a small-cap growth stock in the Investment Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Associated Capital Group, Inc. is a parent operating company for the spin-off of GAMCO Investors, Inc.'s (GAMCO's) alternative investment management business, institutional research services operations and certain cash and other assets. The Company, through its subsidiaries, provides alternative investment management services and institutional research services, as well as management of its investment portfolio. It operates through the investment advisory and asset management business segment. Gabelli & Company Investment Advisers, Inc. (GCIA) is a subsidiary of the Company. GCIA and its subsidiary, Gabelli & Partners, LLC (Gabelli & Partners), collectively serve as general partners, co-general partners or investment managers to investment funds, including limited partnerships and offshore companies (collectively, Investment Partnerships), and separate accounts. It primarily manages assets in equity event-driven value strategies, across a range of risk and event arbitrage portfolios.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
EPS GROWTH RATE: FAIL
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
ASML HOLDING NV (ADR) (ASML) is a large-cap growth stock in the Misc. Capital Goods industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company's products include systems, and installed base products and services. The Company's principal operations are in the Netherlands, the United States and Asia. The Company offers TWINSCAN systems, equipped with lithography system with a mercury lamp as light source (i-line), Krypton Fluoride (KrF) and Argon Fluoride (ArF) light sources for 300 millimeter processing wafers for manufacturing environments for which imaging at a small resolution is required. TWINSCAN systems also include immersion lithography systems (TWINSCAN immersion systems). The Company also offers NXE systems, which are equipped with extreme ultraviolet (EUV) light source technology. The Company offers YieldStar, a wafer metrology system.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: FAIL
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
ITT INC (ITT) is a mid-cap value stock in the Misc. Capital Goods industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: ITT Inc. is a manufacturer of engineered critical components and customized technology solutions for the energy, transportation and industrial markets. The Company operates through four segments. The Industrial Process (IP) segment is an original equipment manufacturer and service provider offering a range of industrial pumps, valves and plant optimization systems and services. The Motion Technologies (MT) segment is a manufacturer of braking pads, shims, shock absorbers, damping, and sealing technologies for the transportation industry, including passenger cars, buses, and rail transportation. The Interconnect Solutions (ICS) segment designs and manufactures engineered connectors and cable assemblies for a range of applications in a range of environments. The Control Technologies (CT) segment manufactures equipment, including actuation, fuel management, noise and energy absorption, and environmental control system components, for the aerospace and defense, and industrial markets.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
INVENTORY TO SALES: PASS
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
ITURAN LOCATION AND CONTROL LTD. (US) (ITRN) is a small-cap value stock in the Security Systems & Services industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Ituran Location and Control Ltd. is a provider of location-based services, consisting of stolen vehicle recovery (SVR), fleet management services and other tracking services. The Company also provides wireless communication products used in connection with its location-based services and various other applications. Its operations consist of two segments: location-based services and wireless communications products. Its location-based services segment consists of its SVR and tracking services, fleet management and value-added services consisted of personal locater services and concierge services. Its wireless communications products segment consists of short and medium range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location (AVL) and automatic vehicle identification. It primarily provides its services, as well as sells and leases its products in Israel, Brazil, Argentina and the United States.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
GLADSTONE INVESTMENT CORPORATION (GAIN) is a small-cap value stock in the Misc. Financial Services industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Gladstone Investment Corporation is an externally managed, closed-end, non-diversified management investment company. The Company's investment objectives are to achieve and grow current income by investing in debt securities of established businesses that it believes will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time, and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities, generally in combination with the aforementioned debt securities, of businesses that it believes can grow over time to permit it to sell its equity investments for capital gains. It has investments in sectors, such as chemicals, plastics, and rubber, and home and office furnishings, house wares, and durable consumer products, among others. Its investment advisor is Gladstone Management Corporation.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
BLACKROCK, INC. (BLK) is a large-cap value stock in the Investment Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: BlackRock, Inc. (BlackRock) is an investment management company. BlackRock provides a range of investment and risk management services to institutional and retail clients worldwide. Its diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds (ETFs), separate accounts, collective investment funds and other pooled investment vehicles. It offers its Aladdin investment system, as well as risk management, outsourcing, advisory and technology services, to institutional investors and wealth management intermediaries under the BlackRock Solutions name.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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ABERCROMBIE & FITCH CO. (ANF) is a small-cap growth stock in the Retail (Apparel) industry. The rating according to our strategy based on Peter Lynch changed from 0% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Abercrombie & Fitch Co. is a specialty retailer who primarily sells its products through store and direct-to-consumer operations, as well as through various wholesale, franchise and licensing arrangements. The Company operates through two segments: Abercrombie, which includes the Company's Abercrombie & Fitch and abercrombie kids brands, and Hollister, which includes the Company's Hollister and Gilly Hicks brands. The Company offers an array of apparel products, including knit tops, woven shirts, graphic t-shirts, fleece, sweaters, jeans, woven pants, shorts, outerwear, dresses, intimates and swimwear, and personal care products and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks brands. The Company has operations in North America, Europe, Asia and the Middle East. As of January 28, 2017, the Company operated 709 stores in the United States and 189 stores outside of the United States.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
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EATON VANCE CORP (EV) is a mid-cap value stock in the Investment Services industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Eaton Vance Corp. is engaged in the business of managing investment funds and providing investment management and advisory services to high-net-worth individuals and institutions. The Company operates as an investment advisor to funds and separate accounts. The Company, through its subsidiaries and other affiliates, manages active equity, income and alternative strategies across a range of investment styles and asset classes, including the United States and global equities, floating-rate bank loans, municipal bonds, global income, high-yield and investment grade bonds. Through its subsidiary, the Company also manages a range of engineered alpha strategies, including systematic equity, systematic alternatives and managed options strategies. The Company's open-end fund lineup includes tax-managed equity funds, and non-tax-managed equity and multi-asset funds. The Company's family of closed-end funds includes municipal bond, domestic and global equity, and bank loan.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
FMC CORP (FMC) is a large-cap growth stock in the Chemical Manufacturing industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. As of December 31, 2016, the FMC Agricultural Solutions segment developed, marketed and sold three classes of crop protection chemicals: insecticides, herbicides and fungicides. The Company's FMC Agricultural Solutions segment operates in the agrochemicals industry. This segment develops, manufactures and sells a portfolio of professional pest control, and lawn and garden products. The FMC Health and Nutrition segment focuses on nutritional ingredients, health excipients and functional health ingredients. The Company's FMC Health and Nutrition segment focuses on food ingredients, pharmaceutical excipients and omega-3 oils. The Company's FMC Lithium segment manufactures lithium for use in a range of lithium products.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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CATERPILLAR INC. (CAT) is a large-cap value stock in the Constr. & Agric. Machinery industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Caterpillar Inc. is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The Company operates through segments, including Construction Industries, which is engaged in supporting customers using machinery in infrastructure, forestry and building construction; Resource Industries, which is engaged in supporting customers using machinery in mining, quarry, waste and material handling applications; Energy & Transportation, which supports customers in oil and gas, power generation, marine, rail and industrial applications, including Cat machines; Financial Products segment, which provides financing and related services, and All Other operating segments, which includes activities, such as product management and development, and manufacturing of filters and fluids, undercarriage, tires and rims, ground engaging tools, fluid transfer products, and sealing and connecting components for Cat products.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
FIRST FINANCIAL BANCORP (FFBC) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: First Financial Bancorp. (First Financial) is a regional bank holding company. First Financial is engaged in the business of commercial banking and other banking and banking-related activities through its subsidiary, First Financial Bank, National Association (the Bank). The range of banking services provided by First Financial to individuals and businesses includes commercial lending, real estate lending and consumer financing. First Financial offers deposit products that include interest-bearing and non-interest-bearing accounts, and cash management services for commercial customers. First Financial's Wealth Management division provides a range of trust and asset management services. It operates 159 banking centers in Ohio, Indiana and Kentucky. It operates its Commercial Finance division, responsible for its insurance lending business and franchise lending business, from a non-banking center location in Indiana.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
FIRST MERCHANTS CORPORATION (FRME) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: First Merchants Corporation is a financial holding company. The Company has a bank charter, First Merchants Bank (the Bank), which is opened for business in Muncie, Indiana. It operates through community banking business segment. The Bank also operates Lafayette Bank and Trust, and First Merchants Private Wealth Advisors (each as a division of First Merchants Bank). As of July 17, 2017, the Bank included 122 banking centers in Indiana, Illinois and Ohio counties. In addition to its branch network, the Company's delivery channels include automated teller machines, check cards and Internet technology. Through the Bank, it offers a range of financial services, including accepting time deposits, savings and demand deposits; making consumer, commercial and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, letters of credit and repurchase agreements.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
COLUMBUS MCKINNON CORP. (CMCO) is a small-cap value stock in the Misc. Capital Goods industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Columbus McKinnon Corporation is a global designer, manufacturer and marketer of hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products serving various commercial and industrial end user markets. The Company's products include various electric, air-powered, lever, and hand hoists, hoist trolleys, winches, industrial crane systems, such as steel bridge, gantry and jib cranes and aluminum work station cranes; alloy and carbon steel chain; forged attachments, such as hooks, shackles, textile slings, clamps, logging tools and load binders; mechanical and electromechanical actuators and rotary unions; below-the-hook special purpose lifters and tire shredders; power and motion control systems, such as alternate current (AC) and direct current (DC) drive systems, radio remote controls, push button pendant stations, brakes, and collision avoidance and power delivery subsystems.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
INVENTORY TO SALES: PASS
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
ALBEMARLE CORPORATION (ALB) is a mid-cap value stock in the Chemicals - Plastics & Rubber industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Albemarle Corporation is a global developer, manufacturer and marketer of highly-engineered specialty chemicals. The Company operates through three segments: Lithium and Advanced Materials, Bromine Specialties and Refining Solutions. Lithium and Advanced Materials segment consist of two product categories: Lithium and Performance Catalyst Solutions. The bromine and bromine-based business includes products used in fire safety solutions and other specialty chemicals applications. The Company serves various end markets, including petroleum refining, consumer electronics, energy storage, construction, automotive, lubricants, pharmaceuticals, crop protection, food safety and custom chemistry services. As of December 31, 2016, the Company and its joint ventures operated 31 production and research and development (R&D) facilities, as well as a number of administrative and sales offices, around the world.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
INVENTORY TO SALES: PASS
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
AMERICAN NATIONAL INSURANCE COMPANY (ANAT) is a mid-cap value stock in the Insurance (Prop. & Casualty) industry. The rating according to our strategy based on Peter Lynch changed from 0% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: American National Insurance Company is engaged in life insurance, annuities, and property and casualty insurance. The Company also offers limited health insurance. Its family of companies includes six life insurance companies, eight property and casualty insurance companies, and various non-insurance subsidiaries. Its business segments include Life, which offers products, such as Whole Life, Term Life, Universal Life, Variable Universal Life and Credit Life Insurance; Annuity, including products, such as Deferred Annuity, Single Premium Immediate Annuity and Variable Annuity; Health, including, such as Medicare Supplement, Supplemental Insurance, Stop-Loss, Credit Disability and Medical Expense; Property and Casualty, which offers products, such as Personal Lines, Commercial Lines and Credit-Related Property Insurance products, and Corporate and Other, which consists of its invested assets that are not used to support insurance activities, and non-insurance subsidiaries.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
BANCFIRST CORPORATION (BANF) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: BancFirst Corporation is a financial holding company. The Company conducts its operating activities through its principal subsidiary, BancFirst (the Bank), a state-chartered bank. It has four business units, which include metropolitan banks, community banks, other financial services, and executive, operations and support. The metropolitan and community banks offer traditional banking products, such as commercial and retail lending, and a line of deposit accounts. The metropolitan banks consist of banking locations in the metropolitan Oklahoma City and Tulsa areas. The community banks consist of banking locations in communities throughout Oklahoma. Its other financial services are specialty product business units, including guaranteed small business lending, residential mortgage lending, trust services, securities brokerage, electronic banking and insurance. The executive, operations and support groups represent executive management, operational support and corporate functions.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
BRINKER INTERNATIONAL, INC. (EAT) is a small-cap value stock in the Restaurants industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Brinker International, Inc. is engaged in the ownership, operation, development, and franchising of the Chili's Grill & Bar (Chili's) and Maggiano's Little Italy (Maggiano's) restaurant brands. The Company's Chili's operates Bar & Grill category of casual dining. Chili's menu features authentic Fresh Mex and Fresh Tex cuisine, including signature items, such as Baby Back Ribs smoked in-house, Hand-Crafted Burgers served with house-made garlic dill pickles, Mix and Match Fajitas, Tableside Guacamole and house-made Chips and Salsa. Maggiano's is a full-service, casual dining Italian restaurant brand. Its Maggiano's restaurants feature individual and family-style menus, and its restaurants also has banquet facilities designed to host party business or social events. The Company owns, operates or franchises restaurants, which include approximately 1,650 restaurants in the United States, over 30 countries and approximately two territories outside of the United States.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SALES: PASS
YIELD COMPARED TO THE S&P 500: PASS
YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
BRYN MAWR BANK CORP. (BMTC) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Bryn Mawr Bank Corporation is the bank holding company of the Bryn Mawr Trust Company (the Bank). The Company and its subsidiaries offer a range of personal and business banking services, consumer and commercial loans, equipment leasing, mortgages, insurance and wealth management services, including investment management, trust and estate administration, retirement planning, custody services, and tax planning and preparation from various location across Montgomery, Delaware, Chester, Philadelphia and Dauphin counties of Pennsylvania, and New Castle county in Delaware. The Company's segments include Banking and Wealth Management. The Banking segment consists of commercial and retail banking. The Wealth Management segment's activities include trust administration, other related fiduciary services, custody, investment management and advisory services, employee benefits and individual retirement accounts (IRA) administration, estate settlement, tax services and brokerage.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
ICU MEDICAL, INCORPORATED (ICUI) is a mid-cap growth stock in the Medical Equipment & Supplies industry. The rating according to our strategy based on Peter Lynch changed from 56% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: ICU Medical, Inc. is engaged in the development, manufacture and sales of medical devices used in infusion therapy, oncology and critical care applications. The Company's product line includes needlefree connection devices, custom infusion sets, closed system transfer devices (CSTD) for the handling of hazardous drugs, advanced sensor catheters, needlefree closed blood sampling systems, disposable pressure transducer systems and hemodynamic monitoring systems. The primary critical care products it manufactures are Hemodynamic Monitoring Systems, SafeSet Closed Blood Sampling and Conservation System, Transpac Consumable Blood Pressure Transducers and Other Critical Care Products. The primary oncology products it manufactures are ChemoLock Needlefree CSTD, ChemoClave Needlefree CSTD and Diana Hazardous Drug Compounding System. As of December 31, 2016, its products were used in acute care hospitals and ambulatory clinics in more than 65 countries throughout the world.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: FAIL
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
IMPERIAL OIL LTD (USA) (IMO) is a large-cap value stock in the Oil & Gas Operations industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Imperial Oil Limited is an integrated oil company. The Company is engaged in all the phases of the petroleum industry in Canada, including exploration for, and production and sale of, crude oil and natural gas. Its operations are conducted in three segments: Upstream, Downstream and Chemical. Upstream operations include the exploration for, and production of, crude oil, natural gas, synthetic oil and bitumen. Downstream operations consist of the transportation and refining of crude oil, blending of refined products and the distribution and marketing of those products. Chemical operations consist of the manufacturing and marketing of various petrochemicals. The Company owns and operates approximately three refineries, which process predominantly Canadian crude oil. The Company markets petroleum products throughout Canada under its brand names, including Esso and Mobil, to all types of customers.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SALES: PASS
INVENTORY TO SALES: PASS
YIELD COMPARED TO THE S&P 500: PASS
YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
FINANCIAL INSTITUTIONS, INC. (FISI) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Financial Institutions, Inc. is a financial holding company. The Company conducts its business through its subsidiaries: Five Star Bank (the Bank), a New York chartered bank; Scott Danahy Naylon, LLC (SDN), a full service insurance agency, and Courier Capital, LLC (Courier Capital), an investment advisory and wealth management company. The Company operates through two segments: Banking and Non-Banking. The Banking segment includes all of the Company's retail and commercial banking operations. The Non-Banking segment includes the activities of SDN and Courier Capital. The Company offers a range of banking and related financial services to consumer, commercial and municipal customers through its bank and nonbank subsidiaries. The Company's indirect lending network includes relationships with franchised automobile dealers in Western and Central New York, the Capital District of New York and Northern and Central Pennsylvania.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SALES: FAIL
YIELD COMPARED TO THE S&P 500: PASS
YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
EAGLE BANCORP, INC. (EGBN) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Eagle Bancorp, Inc. is a bank holding company for EagleBank (the Bank). The Bank is the Company's principal operating subsidiary. The Bank is a chartered commercial bank. As of December 31, 2016, the Bank operated 21 banking offices: seven in Montgomery County, Maryland; five located in the District of Columbia, and nine in Northern Virginia. The Bank offers a range of commercial banking services to its business and professional clients, as well as consumer banking services to individuals living or working in the service area. The Bank also provides commercial banking services to proprietorships, businesses, partnerships, corporations, non-profit organizations and associations, and investors living and working in and near the Bank's primary service area. The Bank offers a range of retail banking services to accommodate the individual needs of both corporate customers, as well as the community the Bank serves. It also offers online banking, mobile banking and remote deposit services.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
MARVELL TECHNOLOGY GROUP LTD. (MRVL) is a large-cap value stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Marvell Technology Group Ltd. is a semiconductor provider of application-specific standard products. The Company is engaged in the design, development and sale of integrated circuits. The Company develops System-on-a-Chip (SoC) devices. It also develops integrated hardware platforms along with software that incorporates digital computing technologies designed and configured to provide an optimized computing solution. Its product portfolio includes devices for storage, networking and connectivity. In storage, it is engaged in data storage controller solutions spanning consumer, mobile, desktop and enterprise markets. Its storage solutions enable customers to engineer products for hard disk drives and solid state drives. Its networking products address end markets in cloud, enterprise, small and medium business and service provider networks. It offers a complete spectrum of semiconductor solutions spanning fifth generation (5G), data center, enterprise and automotive applications
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: FAIL
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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FIRST COMMUNITY BANKSHARES INC (FCBC) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: First Community Bankshares, Inc. is a financial holding company. The Company provides commercial banking products and services through its subsidiary First Community Bank (the Bank). The Bank operates as First Community Bank in Virginia, West Virginia, and North Carolina and People's Community Bank, a Division of First Community Bank, in Tennessee. It provides insurance services through its subsidiary First Community Insurance Services, and offers wealth management andinvestment advicethrough its Trust Division and subsidiary First Community Wealth Management. Its products include demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement arrangements; commercial, consumer, and real estate mortgage loans and lines of credit; various credit card, debit card, and automated teller machine card services; corporate and personal trust services; investment management services, and life, health, and property and casualty insurance products.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
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SONIC AUTOMOTIVE INC (SAH) is a small-cap value stock in the Retail (Specialty) industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Sonic Automotive, Inc. is an automotive retailer in the United States. The Company's operating segments include Franchised Dealerships and EchoPark. Its Franchised Dealerships segment consists of retail automotive franchises that sell new vehicles and buy and sell used vehicles, sell replacement parts, perform vehicle repair and maintenance services, and arrange finance and insurance products. The EchoPark segment consists of standalone specialty retail locations that provide customers an opportunity to search, buy, service, finance and sell pre-owned vehicles. Its franchised dealerships provide services, including sales of both new and used cars, and light trucks; sales of replacement parts and performance of vehicle maintenance, manufacturer warranty repairs, and paint and collision repair services (collectively, Fixed Operations), and arrangement of extended warranties, service contracts, financing, insurance and other aftermarket products (collectively, F&I) for its customers.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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FEDERATED HERMES INC (FHI) is a mid-cap value stock in the Investment Services industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Federated Hermes, Inc. (Federated), formerly Federated Investors, Inc., is a provider of investment management products and related financial services. Federated operates through investment management business segment. It is engaged in sponsoring, marketing and providing investment-related services to various investment products, including mutual funds and Separate Accounts, which include separately managed accounts, institutional accounts, sub-advised funds and other managed products. It operates in one segment, the investment management business. Federated provides investment advisory services to sponsored investment companies and other funds (Federated Funds). It markets these funds to banks, brokers and dealers and other financial intermediaries using them to meet the needs of their customers and clients, including retail investors, corporations and retirement plans. The Company offers a range of products and strategies, including money market, equity and fixed-income investments.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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HERITAGE COMMERCE CORP. (HTBK) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Heritage Commerce Corp is a bank holding company. The Company, through its subsidiary Heritage Bank of Commerce (the Bank), provides a range of banking services. The Bank is a California state-chartered multi-community independent bank that offers a range of commercial banking services to small and medium-sized businesses and their owners, managers and employees. The Company operates through approximately 19 service branch offices located in the southern and eastern regions of the general San Francisco Bay Area of California in the counties of Santa Clara, Alameda, Contra Costa and San Benito. The Company's subsidiary, CSNK Working Capital Finance Corp., doing business as Bay View Funding, provides business-essential working capital factoring financing to various industries across the United States. The Bank operates automated teller machines (ATMs) at approximately five different locations.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
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SAPPI LIMITED (ADR) (SPPJY) is a small-cap value stock in the Paper & Paper Products industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Sappi Limited is a woodfiber company focused on providing graphic/printing papers, packaging and specialty papers, dissolving wood pulp (DWP), as well as products in adjacent fields, including nanocellulose and lignosulfonate. The Company's segments include North America, Europe and Southern Africa. Its range of graphic paper products is used by printers in the production of books, brochures, magazines, catalogues, direct mail and various other print applications; packaging and specialty papers are used in the manufacture of such products as soup sachets, carry bags, cosmetic and confectionery packaging, boxes for agricultural products for export, tissue wadding for household tissue products and casting release papers used by suppliers to the fashion, textiles, automobile and household industries, and DWP products are used around the world by converters to create viscose fiber for clothing and textiles, pharmaceutical products, as well as a range of consumer and household products.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SALES: PASS
INVENTORY TO SALES: PASS
YIELD COMPARED TO THE S&P 500: PASS
YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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BANCOLOMBIA SA (ADR) (CIB) is a mid-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Bancolombia S.A. (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. The Bank operates through 10 segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore and All other. It delivers its products and services through its regional network comprising Colombia's non-Government owned banking network, El Salvador's financial conglomerate by gross loans, Guatemala's bank, Panama's bank and off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as subsidiaries in Peru. The Bank and its subsidiaries offer Savings And Investment, Ahorro A La Mano, Financing, Mortgage Banking, Factoring, Financial and Operating Leases, Capital Markets, eTrading, Cash Management, Foreign Currency, Bancassurance, Investment Banking and Trust Services.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SALES: PASS
YIELD COMPARED TO THE S&P 500: PASS
YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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MOOG INC (MOG.A) is a mid-cap value stock in the Aerospace & Defense industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Moog Inc. is a designer, manufacturer and integrator of precision motion and fluid controls and systems for a range of applications in aerospace and defense and industrial markets. The Company has five segments: Aircraft Controls, Space and Defense Controls, Industrial Systems, Components and Medical Devices. Its Aircraft Controls segment designs, manufactures and integrates primary and secondary flight controls for military and commercial aircraft, and provides aftermarket support. Its Space and Defense Controls segment provides controls for satellites, space vehicles, launch vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance and other defense applications. Its Industrial Systems segment serves a global customer base across various markets. Its Components segment offers slip rings, fiber optic rotary joints, motors, sensors and handpieces product line. Its Medical Devices segment focuses on infusion therapy and enteral clinical nutrition.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
INVENTORY TO SALES: PASS
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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PREMIER FINANCIAL BANCORP, INC. (PFBI) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Premier Financial Bancorp, Inc. (Premier) is a multi-bank holding company. The Company's banking subsidiaries (the Banks or Affiliate Banks) consist of Citizens Deposit Bank and Trust, Inc., Vanceburg, Kentucky and Premier Bank, Inc., Huntington, West Virginia. Through the Banks, the Company focuses on providing community banking services to individuals and small-to-medium sized businesses. The Banks provide a range of retail and commercial banking services, including commercial, real estate, agricultural and consumer lending; depository and funds transfer services; collections; safe deposit boxes; cash management services; and other services tailored for both individuals and businesses. The Company operates over nine banking offices in Kentucky, approximately five banking offices in Ohio, over 30 banking offices in West Virginia, approximately four banking offices in Washington, DC, over one banking offices in Maryland and approximately four banking offices in Virginia.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
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TRI-CONTINENTAL CORPORATION (TY) is a small-cap value stock in the Misc. Financial Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Tri-Continental Corporation (the Fund) is a diversified, closed-end management investment company. The Fund's objective is to produce future growth of both capital and income while providing reasonable current incomes. The Fund's permissible investments include preferred and common stocks, convertible securities, including convertible preferred stocks and convertible bonds, debt securities, repurchase agreements, derivatives, including options, futures contracts and equity-linked notes, illiquid securities and securities of foreign issuers, including emerging markets issuers. The Fund invests in a range of sectors, which include consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, telecommunication services and utilities. Columbia Management Investment Advisers, LLC is the Fund's investment manager.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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NU SKIN ENTERPRISES, INC. (NUS) is a small-cap value stock in the Personal & Household Prods. industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Nu Skin Enterprises, Inc. is a direct selling company that develops and distributes personal care products and nutritional supplements, and a range of other products and services. The Company offers anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands. The Nu Skin brand offers a range of products, including ageLOC Me customized skin care system, ageLOC Spa systems and ageLOC Transformation anti-aging skin care system. The Pharmanex product line includes ageLOC Youth nutritional supplement, ageLOC TR90 weight management and body shaping system, and LifePak nutritional supplements. The Company has operations in various geographic regions, including Greater China, North Asia, Americas, South Asia/Pacific, and Europe, the Middle East and Africa (EMEA). It is focused on offering ageLOC Youth nutritional supplement and ageLOC Me personalized skin care system. The Company also offers household products and technology services.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SALES: PASS
INVENTORY TO SALES: PASS
YIELD COMPARED TO THE S&P 500: PASS
YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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MARTIN MARIETTA MATERIALS, INC. (MLM) is a large-cap growth stock in the Construction - Raw Materials industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Martin Marietta Materials, Inc. is a supplier of aggregates products (crushed stone, sand, and gravel) used for the construction of infrastructure, nonresidential, and residential projects. Aggregates products are also used for railroad ballast and in agricultural, utility and environmental applications. The Company's Aggregates business operates through three segments: the Mid-America Group, Southeast Group and West Group. The Company's business is categorized into Aggregates Business, Cement Business and Magnesia Specialties Business. Its Cement business is reported through the Cement segment. Its Magnesia Specialties business manufactures and markets magnesia-based chemical products used in industrial, agricultural, and environmental applications, and dolomitic lime sold to customers in the steel industry. Its Cement business produces Portland and specialty cements. It manufactures and markets, through its Magnesia Specialties business, magnesia-based chemical products.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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MOVADO GROUP, INC (MOV) is a small-cap value stock in the Jewelry & Silverware industry. The rating according to our strategy based on Peter Lynch changed from 0% to 80% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Movado Group, Inc. designs, sources, markets and distributes watches. The Company operates through two segments: Wholesale and Retail. The Wholesale segment includes the design, development, sourcing, marketing and distribution of watches, and after-sales service activities and shipping. It sells all of its brands to jewelry store chains and department stores, as well as independent jewelers. The Retail segment includes its outlet stores. As of January 31, 2017, its subsidiary, Movado Retail Group, Inc., operated 40 outlet stores located in outlet centers across the United States. It divides its business into two geographic locations: the United States operations and International operations. It has international operations in Europe, the Americas, the Middle East and Asia. Its portfolio of brands includes Coach Watches, Concord, Ebel, ESQ Movado, Scuderia Ferrari Watches, HUGO BOSS Watches, Juicy Couture Watches, Lacoste Watches, Movado and Tommy Hilfiger Watches.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SALES: FAIL
INVENTORY TO SALES: PASS
YIELD COMPARED TO THE S&P 500: PASS
YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: BONUS PASS
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PATRICK INDUSTRIES, INC. (PATK) is a small-cap value stock in the Constr. - Supplies & Fixtures industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Patrick Industries, Inc. is a manufacturer of component products and distributor of building products and materials for the recreational vehicle (RV) and manufactured housing (MH) industrial markets for customers throughout the United States and Canada. In addition, it is a supplier to certain other industrial markets, such as kitchen cabinet, office and household furniture, fixtures and commercial furnishings, marine, and other industrial markets. The Company's segments include Manufacturing and Distribution. It manufactures a range of products, which include decorative vinyl and paper laminated panels, solid surface, granite and quartz countertops, fabricated aluminum products, wrapped vinyl, paper and hardwood profile mouldings, slide-out trim and fascia, cabinet doors and components, hardwood furniture, fiberglass and plastic component products including front and rear caps and marine helms, interior passage doors, RV painting, and slotwall panels and components, among others.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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STATE STREET CORP (STT) is a large-cap value stock in the Investment Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 81% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: State Street Corporation is a financial holding company. The Company operates through two lines of business: Investment Servicing and Investment Management. The Company, through its subsidiary, State Street Bank and Trust Company (State Street Bank), provides a range of financial products and services to institutional investors across the world. Investment servicing line of business performs functions, such as providing institutional investors with clearing, settlement and payment services. The Company operates investment management line of business through State Street Global Advisors (SSGA). SSGA provides a range of investment management,investment researchand investment advisory services to corporations, public funds and other investors. Its clients include mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments and investment managers.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SALES: PASS
YIELD COMPARED TO THE S&P 500: PASS
YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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TOLL BROTHERS INC (TOL) is a mid-cap value stock in the Construction Services industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Toll Brothers, Inc. is engaged in designing, building, marketing, selling and arranging financing for detached and attached homes in luxury residential communities. It operates through two segments: Traditional Home Building and Toll Brothers City Living (City Living). Within the Traditional Home Building segment, it operates in five geographic segments in the United States: the North, consisting of Connecticut, Illinois, Massachusetts, Michigan, Minnesota, New Jersey and New York; the Mid-Atlantic, consisting of Delaware, Maryland, Pennsylvania and Virginia; the South, consisting of Florida, North and South Carolina and Texas; the West, consisting of Arizona, Colorado, Nevada and Washington, and California. City Living is the Company's urban development division. Its products include Traditional Home Building Product and City Living Product. Its Traditional Home Building Product includes detached homes, move-up, executive, estate, and active-adult and age-qualified lines of home.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
INVENTORY TO SALES: PASS
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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UFP TECHNOLOGIES, INC. (UFPT) is a small-cap growth stock in the Containers & Packaging industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: UFP Technologies, Inc. is a designer and custom converter of foams, plastics, composites and natural fiber materials. The Company is engaged in providing solutions to customers primarily within the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets. It converts these materials using laminating, molding, and fabricating manufacturing technologies. The Company's raw materials consist of polyethylene and polyurethane foams, sheet plastics, pulp fiber, cross-linked polyethylene and reticulated polyurethane foams, fabric and foam laminates, and natural fiber materials. The Company converts these materials to provide customers various solutions, including automotive interior trim, medical device components, disposable wound care components, military uniform and gear components, athletic padding, air filtration, high-temperature insulation, abrasive nail files and other beauty aids, and cushion packaging for their products.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
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UNIVEST FINANCIAL CORP (UVSP) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Univest Financial Corporation, formerly Univest Corporation of Pennsylvania is the bank holding company of Univest Bank and Trust Co. (the Bank). The Bank is a Pennsylvania state-chartered bank and trust company. Its business segments include Banking, Wealth Management and Insurance. The Banking segment provides financial services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking services and equipment lease financing. The Wealth Management segment offers trust and investment advisory services, guardian and custodian of employee benefits and other trust and brokerage services, as well as a registered investment advisory managing private investment accounts for both individuals and institutions. The Insurance segment includes a full-service insurance brokerage agency offering commercial property and casualty insurance, group life and health coverage, employee benefit solutions, personal insurance lines and human resources consulting.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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VALMONT INDUSTRIES, INC. (VMI) is a mid-cap growth stock in the Constr. - Supplies & Fixtures industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Valmont Industries, Inc. is a producer of fabricated metal products, and steel, aluminum and composite pole, tower and other structures, and mechanized irrigation systems. The Company's segments are Engineered Support Structures (ESS); Utility Support Structures; Energy and Mining; Coatings; Irrigation, and Other. The ESS segment manufactures steel, aluminum, and composite poles and structures. The Utility Support Structures Segment manufactures steel and concrete pole structures for electrical transmission, substation and distribution applications. The Energy and Mining Segment produces access systems, which are engineered structures and components that allow people to move safely in an industrial, infrastructure or commercial facility. The Coatings Segment consists of galvanizing, anodizing and powder coating services on a global basis. The Irrigation Segment manufactures and distributes mechanical irrigation equipment and related service parts under the Valley brand name.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
INVENTORY TO SALES: PASS
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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BRIDGE BANCORP, INC. (BDGE) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Bridge Bancorp, Inc. is a bank holding company for BNB Bank, formerly known as The Bridgehampton National Bank (the Bank). The Bank's operations include its real estate investment trust subsidiary, Bridgehampton Community, Inc. (BCI), a financial title insurance subsidiary, Bridge Abstract LLC (Bridge Abstract), and an investment services subsidiary, Bridge Financial Services LLC (Bridge Financial Services). As of December 31, 2017, the Bank operated 38 branches, in its primary market areas of Suffolk and Nassau Counties on Long Island and the New York City boroughs, including 35 in Suffolk and Nassau Counties, two in Queens and one in Manhattan. The Bank engages in full service commercial and consumer banking business, including accepting time, savings and demand deposits from the consumers, businesses and local municipalities in its market area. The Bank also offers the Certificate of Deposit Account Registry Service (CDARS) and Insured Cash Sweep (ICS) programs.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
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MOBIL'NYE TELESISTEMY PAO (ADR) (MBT) is a mid-cap value stock in the Communications Services industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Mobil'nye Telesistemy PAO is a Russia-based provider of telecommunications services. The Company provides mobile and fixed-line voice and data telecommunications services, including data transfer, broadband, pay-television (pay-TV) and various value-added services, as well as selling equipment and accessories. The Company operates through segments, which include Russia convergent, Moscow fixed line and Ukraine. Its Russia Convergent segment includes mobile and fixed-line operations, which encompasses services rendered to customers across regions of Russia, including voice and data services, transmission, broadband, pay-TV and other value-added services. Its Moscow fixed-line segment includes fixed-line operations carried out in Moscow by the Company's subsidiary MGTS. Its Ukraine segment includes mobile and fixed-line operations carried out across multiple regions of Ukraine. The Company also offers software solutions, such as LiteBox, a cloud-based tool for online cash operations.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SALES: PASS
YIELD COMPARED TO THE S&P 500: PASS
YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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EATON VANCE RISK-MNGD DVRSFD EQTY INC FD (ETJ) is a small-cap value stock in the Misc. Financial Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Eaton Vance Risk-Managed Diversified Equity Income Fund is a United States-based diversified, closed-end management investment company. The Fund's investment objective is to provide income and gains, with a secondary objective of capital appreciation. The Fund invests in a diversified portfolio of common stocks and purchases out-of-the money, short-dated Standard and Poor's 500 (S&P's) Index put options and sells out-of-the-money S&P 500 Index call options of the same term as the put options with roll dates that are staggered across the options portfolio. It evaluates returns on an after tax basis and seeks to minimize and defer federal income taxes incurred by shareholders in connection with their investment in the Fund. Its portfolio of investments includes information technology, financials, healthcare, consumer discretionary, consumer staples, industrials, energy, utilities, telecommunication services and materials. Its investment advisor is Eaton Vance Management.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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TRIPLE-S MANAGEMENT CORP. (GTS) is a small-cap value stock in the Healthcare Facilities industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Triple-S Management Corporation operates as a managed care company. The Company offers a range of managed care and related products in the commercial, Medicaid and Medicare markets. The Company's segments include Managed Care, Life Insurance, and Property and Casualty Insurance. The Managed Care segment is engaged in the sale of managed care products to the Commercial, Medicare and Medicaid market sectors. The Life Insurance segment offers life and accident and health insurance coverage, and annuity products. The premiums for this segment are mainly subscribed through an internal sales force and a network of independent brokers and agents. The insurance products of Property and Casualty Insurance segment includes commercial package, commercial auto, and personal package. The premiums for this segment are originated through a network of independent insurance agents and brokers.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: FAIL
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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DOUGLAS EMMETT, INC. (DEI) is a mid-cap growth stock in the Real Estate Operations industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Douglas Emmett, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company is owner and operator of office and multifamily properties located in submarkets in Los Angeles and Honolulu. The Company operates through two segments: the acquisition, development, ownership and management of office real estate (Office Segment), and the acquisition, development, ownership and management of multifamily real estate (Multifamily Segment). The services for its Office segment include primarily rental of office space and other tenant services, including parking and storage space rental. The services for its Multifamily segment include primarily rental of apartments and other tenant services, including parking and storage space rental. It focuses on owning, acquiring developing and managing a substantial share of office properties and multifamily communities in neighborhoods.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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ARMSTRONG WORLD INDUSTRIES INC (AWI) is a mid-cap growth stock in the Constr. - Supplies & Fixtures industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Armstrong World Industries, Inc. (AWI) is a global producer of ceiling systems. The Company owns and operates the Building Products (Ceilings) segment. The Company designs, manufactures and sells ceiling systems (primarily mineral fiber, fiberglass wool and metal) around the world. Its products are used in commercial and institutional buildings. Its geographical segment is Americas, including Canada. It operates approximately 15 manufacturing plants in eight countries, including six plants located throughout the United States. Its Americas segment sells products for use in single and multi-family housing. It sells commercial products to building materials distributors re-selling its products to contractors, subcontractors' alliances, architect and design firms, and facility owners. Residential ceiling products are sold in the Americas primarily to wholesalers and retailers.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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SOUTHERN NATIONAL BANC. OF VIRGINIA, INC (SONA) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Southern National Bancorp of Virginia, Inc. (Southern National) is the bank holding company for Sonabank (Sonabank). The Company's principal business is the acquisition of deposits from the general public through its branch offices and deposit intermediaries, as well as the use of these deposits to fund its loan and investment portfolios. Sonabank is a Virginia state chartered bank. Sonabank provides a range of financial services to individuals, and small and medium sized businesses. The Company focuses on making loans secured primarily by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in various industries, as well as loans to individuals for a variety of purposes. It focuses on serving small to medium-sized businesses in its market with a range of services, including an array of commercial mortgage and non-mortgage loans.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
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CANADIAN SOLAR INC. (CSIQ) is a small-cap value stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Canadian Solar Inc. is a solar power company. The Company is a provider of solar power products, services and system solutions with operations in North America, South America, Europe, Africa, the Middle East, Australia and Asia. The Company's segments include Module and system solutions (MSS) segment and Energy segment. The Company designs, develops and manufactures solar wafers, solar cells and solar power products. The module segment primarily involves the design, development, manufacturing and sale of a range of solar power products, including standard solar modules and specialty solar products, and solar system kits. Its energy segment consists of solar power project development, engineering, procurement and construction (EPC) services, and operation and maintenance (O&M) services. Its products include a range of solar modules for use in residential, commercial and industrial solar power generation systems.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
INVENTORY TO SALES: PASS
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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SALLY BEAUTY HOLDINGS, INC. (SBH) is a small-cap value stock in the Retail (Specialty) industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Sally Beauty Holdings, Inc. is an international specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America and Europe. The Company operates through two business segments: Sally Beauty Supply and Beauty Systems Group (BSG). Sally Beauty Supply is a domestic and international chain of cash and carry retail stores, which offers professional beauty supplies to both salon professionals and retail customers primarily in North America, Puerto Rico, and parts of Europe and South America. BSG, including its franchise-based business Armstrong McCall, is a full service beauty supply distributor, which offers professional brands of beauty products directly to salons and salon professionals through its own sales force and professional-only stores (including franchise stores) in partially exclusive geographical territories in North America and parts of Europe.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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WESTERN ASSET EMERGING MRKTS DBT FND INC (EMD) is a small-cap value stock in the Misc. Financial Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Western Asset Emerging Markets Debt Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to seek high current income. The Fund's secondary objective is to seek capital appreciation. The Fund invests in the United States dollar and non-United States dollar-denominated debt securities of issuers in emerging market countries. The Fund's sector holdings include sovereign bonds, energy, materials, consumer staples, financials, industrials, telecommunication services and utilities. Legg Mason Partners Fund Advisor, LLC (LMPFA) is the investment manager. LMPFA provides administrative and certain oversight services to the Fund. Western Asset Management Company (Western Asset), Western Asset Management Company Limited (Western Asset Limited) and Western Asset Management Company Pte. Ltd. (Western Singapore) are the sub advisors of the Fund.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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QCR HOLDINGS, INC. (QCRH) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: QCR Holdings, Inc. is a multi-bank holding company. The Company serves the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls, Des Moines/Ankeny and Rockford communities through its banking subsidiaries, Quad City Bank and Trust Company (QCBT), Cedar Rapids Bank and Trust Company (CRBT), Community State Bank (CSB), and Guaranty Bank and Trust Company, which provide full-service commercial and consumer banking and trust and asset management services. It is also engaged in direct financing lease contracts through m2 Lease Funds, LLC (m2), a subsidiary of QCBT. Its principal business consists of attracting deposits and investing those deposits in loans/leases and securities. The Company and its subsidiaries provide a range of commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals and government agencies. It offers a range of loans, including one-to four-family residential loans and multi-family loans.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
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BRUKER CORPORATION (BRKR) is a mid-cap growth stock in the Scientific & Technical Instr. industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Bruker Corporation designs and manufactures scientific instruments, and analytical and diagnostic solutions. Its segments include the Bruker BioSpin Group; the Bruker Chemicals, Applied Markets, Life Science, In-Vitro Diagnostics, Detection (CALID) Group; the Bruker Nano Group, and the Bruker Energy & Supercon Technologies (BEST) Segment. The Bruker BioSpin Group segment designs, manufactures and distributes enabling life science tools. The Bruker CALID segment designs, manufactures and distributes life science mass spectrometry instruments that can be integrated and used along with other sample preparation or chromatography instruments, as well as chemical, biological, radiological, nuclear and explosive detection products. The Bruker Nano segment designs, manufactures and distributes spectroscopy and microscopy instruments. The BEST segment develops and manufactures superconducting and non-superconducting materials and devices. It also focuses on nanomechanical testing instruments.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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TEXAS ROADHOUSE INC (TXRH) is a mid-cap growth stock in the Restaurants industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Texas Roadhouse, Inc. is a restaurant company, which operates in the casual dining segment. The Company offers an assortment of seasoned and aged steaks, all cooked over open grills and all but one hand cut daily on the premises. Its restaurants offer a range of menu items at prices that are designed to appeal to a range of consumer tastes. The Company also offers its guests a selection of ribs, fish, seafood, chicken, pork chops, pulled pork and vegetable plates, and an assortment of hamburgers, salads and sandwiches. The Company offers an assortment of wings, sandwiches, pizzas and burgers, including its bacon grind patty. In addition, the Company also offers its guests a selection of chicken, beef, fish and seafood. Other menu items include specialty appetizers, such as the Cactus Blossom and Rattlesnake Bites. As of December 27, 2016, the Company had 23 franchisees that operated 86 Texas Roadhouse restaurants in 23 states and six foreign countries.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
GIBRALTAR INDUSTRIES INC (ROCK) is a small-cap growth stock in the Constr. - Supplies & Fixtures industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Gibraltar Industries, Inc. is a manufacturer and distributor of building products for industrial, transportation infrastructure, residential housing, renewable energy and resource conservation markets. The Company's segments include Residential Products; Industrial and Infrastructure Products, and Renewable Energy and Conservation. The Residential Products segment services residential housing construction and residential repair and remodeling activity with products including roof and foundation ventilation products, rain dispersion products and roof ventilation accessories. The Industrial and Infrastructure Products segment focuses on a range of markets, including industrial and commercial construction, automotive, airports and energy and power generation markets with products. The Renewable Energy and Conservation segment focuses on the design, engineering, manufacturing and installation of solar racking systems and commercial, institutional and retail greenhouse structures.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
CELANESE CORPORATION (CE) is a mid-cap value stock in the Chemical Manufacturing industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Celanese Corporation (Celanese) is a technology and specialty materials company. The Company's segments include Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, Acetyl Intermediates and Other Activities. The Advanced Engineered Materials segment includes the Company's engineered materials business and certain affiliates. The Consumer Specialties segment includes the Company's cellulose derivatives and food ingredients businesses, which serve consumer-driven applications. The Industrial Specialties segment includes the Company's emulsion polymers and ethylene vinyl acetate (EVA) polymers businesses. The Acetyl Intermediates segment includes the Company's intermediate chemistry business, which produces and supplies acetyl products, including acetic acid, vinyl acetate monomer (VAM), acetic anhydride and acetate esters. The Company has operations in North America, Europe and Asia. As of December 31, 2016, the Company had 30 global production facilities.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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HOME BANCSHARES INC (HOMB) is a mid-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Home BancShares, Inc. is a bank holding company. The Company is engaged in providing a range of commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals and municipalities through its community bank subsidiary, Centennial Bank (the Bank). It operates through community banking segment. It offers a range of products and services, including Internet banking, mobile banking and voice response information, cash management, overdraft protection, direct deposit, safe deposit boxes, the United States savings bonds and automatic account transfers. The Bank has locations in Arkansas, Florida, South Alabama and New York City. As of September 26, 2017, the Company conducted business principally through 76 branches in Arkansas, 89 branches in Florida, six branches in Alabama and one branch in New York City. It originates loans secured by single and multi-family real estate, residential construction and commercial buildings.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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EATON VANCE ENHANCED EQUITY INCM. FD. II (EOS) is a small-cap value stock in the Misc. Financial Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Eaton Vance Enhanced Equity Income Fund II (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income, with a secondary objective of capital appreciation. The Fund invests in a portfolio of primarily large- and mid-cap securities. The Fund invests in various sectors, including aerospace and defense; banks; beverages; biotechnology; building products; chemicals; communications equipment; energy equipment and services; food and staples retailing; food products; healthcare equipment and supplies; hotels, restaurants and leisure; household durables; Internet software and services; machinery; media; multiline retail; oil, gas and consumable fuels; personal products; pharmaceuticals; semiconductors and semiconductor equipment; technology hardware, storage and peripherals, and textiles, apparel and luxury goods. Eaton Vance Management is the investment advisor of the Fund.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
EPS GROWTH RATE: FAIL
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
WNS (HOLDINGS) LIMITED (ADR) (WNS) is a mid-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: WNS (Holdings) Limited is a global provider of business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company's segments include WNS Global BPM and WNS Auto Claims BPM. Its operating segments include travel, insurance, banking and financial services, healthcare, utilities, retail and consumer products groups, auto claims and others. The WNS Global BPM includes the Company's business activities with the exception of WNS Auto Claims BPM. WNS Auto Claims BPM is the Company's automobile claims management business. The Company focuses on various industry verticals, such as insurance; travel and leisure; diversified businesses, including manufacturing, retail, consumer packaged goods (CPG), media and entertainment, and telecommunication (telecom); utilities; consulting and professional services; banking and financial services; healthcare, and shipping and logistics.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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HOME BANCORP, INC. (HBCP) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Home Bancorp, Inc. is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through banking offices in the Greater Lafayette, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana and the Natchez and Vicksburg regions of west Mississippi. The Bank is engaged in attracting deposits from the general public and using those funds to invest in loans and securities. The Bank originates loans, including one- to four-family first mortgage loans, home equity loans and lines, construction and land loans, multi-family residential loans and consumer loans. The Bank's lending activities include loans secured by commercial real estate loans, and commercial and industrial loans. In addition to commercial real estate and commercial and industrial loans, the Bank holds a portfolio of construction and land loans.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
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GENERAL MOTORS COMPANY (GM) is a large-cap value stock in the Auto & Truck Manufacturers industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: General Motors Co designs, builds and sells trucks, crossovers, cars and automobile parts worldwide. The Company also provides automotive financing services through General Motors Financial Company, Inc. (GM Financial). GM North America (GMNA) and GM International (GMI) are its automotive segments. GMNA and GMI are meeting the demands of customers with vehicles developed, manufactured and/or marketed under the Buick, Cadillac, Chevrolet and GMC and Holden brands. Its brands offer luxury cars, crossovers, sport utility vehicles (SUVs) and sedans. The Company's Car-and Ride-Sharing Maven is a shared vehicle marketplace. Through its subsidiary, OnStar, LLC (OnStar), it provides connected safety, security and mobility solutions for retail and fleet customers. GM Cruise is its global segment engaged in the development and commercialization of autonomous vehicle technology.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SALES: PASS
INVENTORY TO SALES: PASS
YIELD COMPARED TO THE S&P 500: PASS
YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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POINTS INTERNATIONAL LTD (USA) (PCOM) is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Peter Lynch changed from 0% to 80% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Points International Ltd. (Points) provides a range of e-commerce and technology services to loyalty program operators using a common infrastructure. These services include a range of white label or private branded e-commerce services (Loyalty Currency Services) that enable the sale of loyalty currencies (such as frequent flyer miles, hotel points and credit card points), both retail and wholesale, and support the loyalty program consumer offerings and their back end operations. The Company offers the consumer-focused Points Loyalty Wallet that allows users to track, manage and access multiple loyalty rewards programs through the Points.com Website. It also offers Points Travel, which is private label travel e-commerce platform designed specifically for the loyalty industry. The Company operates the PointsHound.com Website, a hotel booking engine and loyalty currency aggregator built specifically for frequent travelers.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
INVENTORY TO SALES: FAIL
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: BONUS PASS
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RENEWABLE ENERGY GROUP INC (REGI) is a small-cap value stock in the Chemical Manufacturing industry. The rating according to our strategy based on Peter Lynch changed from 0% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Renewable Energy Group, Inc. is focused on providing cleaner, lower carbon intensity products and services. The Company is a producer of biomass-based diesel in North America. Its segments include Biomass-based diesel, Services, Renewable Chemicals and Corporate and other activities. It is involved in various activities related to biomass-based diesel production, from acquiring feedstock, managing construction and operating biomass-based diesel production facilities to marketing, selling and distributing biomass-based diesel and its co-products. As of December 31, 2016, it owned and operated a network of 14 biorefineries. As of December 31, 2016, 12 biorefineries were located in the United States and two in Germany, and 13 of which produce biodiesel or renewable hydrocarbon diesel and had an aggregate nameplate production capacity of 502 million gallons per year (mmgy). As of December 31, 2016, it also operated one microbial fermentation facility and one feedstock processing facility.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
INVENTORY TO SALES: PASS
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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BANNER CORPORATION (BANR) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Banner Corporation is a bank holding company. The Company is engaged in the business of planning, directing and coordinating the business activities of its subsidiaries, Banner Bank and Islanders Bank. Banner Bank is a Washington-chartered commercial bank. Banner Bank is a regional bank, which offers a range of commercial banking services and financial products to individuals, businesses and public sector entities in its primary market areas. Banner Bank is also an active participant in the secondary market, engaging in mortgage banking operations through the origination and sale of one- to four-family and multi-family residential loans. Islanders Bank is also a Washington-chartered commercial bank. Islanders Bank is a community bank, which offers similar banking services to individuals, businesses and public entities located primarily in the San Juan Islands. The Banks' primary business is that of traditional banking institutions, accepting deposits and originating loans.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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FRP HOLDINGS INC (FRPH) is a small-cap growth stock in the Rental & Leasing industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: FRP Holdings, Inc. is a holding company engaged in various real estate businesses. The Company conducts its business through its subsidiaries, FRP Maryland, Inc., FRP Development Corp. and Florida Rock Properties, Inc. The segments of the Company include leasing and management of warehouse and office building owned by the Company (the Asset Management Segment), leasing and management of mining royalty land owned by the Company (the Mining Royalty Lands Segment) and real property acquisition, entitlement, development and construction primarily for warehouse and office buildings (the Land Development and Construction Segment). The Company's Asset Management Segment owns leases and manages warehouse and office buildings. Its Mining Royalty Lands Segment owns several properties comprising approximately 15,000 acres under lease for mining rents or royalties. Its Land Development and Construction Segment owns and monitors the parcels of land that are in various stages of development.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: FAIL
SALES AND P/E RATIO: NEUTRAL
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
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GREEN BRICK PARTNERS INC (GRBK) is a small-cap value stock in the Construction Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Green Brick Partners, Inc. operates in the real estate industry. The Company operates through two segments. The builder operations segment includes its controlled builders results, which include building and selling single-family detached homes and townhomes that are designed and built to meet local customer preferences, and the sale of lots. Builder operations consist of three operating segments: Texas, Georgia, and corporate and other. Corporate operations segment develops and implements strategic initiatives and supports its builder operations and land development by centralizing certain administrative functions, such as finance, treasury, information technology and human resources. The land development segment includes operations related to the acquisition and development of land, which is sold to its controlled builders and third-party homebuilders. As of December 31, 2016, it had owned or controlled over 5,200 home sites in various locations in the Dallas and Atlanta markets.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
INVENTORY TO SALES: PASS
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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B. RILEY FINANCIAL INC (RILY) is a small-cap value stock in the Investment Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: B. Riley Financial, Inc. is an independent investment bank. The Company's segments include capital markets, auction and liquidation, valuation and appraisal, and Principal Investments-United Online. The capital markets segment provides an array of investment banking, corporate finance, research, wealth management, sales and trading services to corporate, institutional and high net worth clients. The auction and liquidation segment utilizes a scalable network of independent contractors and industry-specific advisors to tailor its services to the needs of a multitude of clients, logistical challenges and distressed circumstances. The valuation and appraisal segment provides valuation and appraisal services to financial institutions, lenders, private equity firms and other providers of capital. The principal investments-United Online segment consists of businesses, which has been acquired primarily for attractive investment return characteristics.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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GREAT WESTERN BANCORP INC (GWB) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Great Western Bancorp, Inc. is a full-service regional bank holding company. The Company is the holding company of the Great Western Bank (the Bank). As of September 30, 2016, the Company served customers through 173 branches in various markets in Arizona, Colorado, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota. The Company focuses on business and agribusiness banking, complemented by retail banking and wealth management services. The Company's loan portfolio consists primarily of business loans, consisting of commercial and industrial loans (C&I), commercial real estate loans and agribusiness loans. The Company offers its business banking customers a focused range of financial products designed to meet the specific needs of their businesses, including loans, lines of credit, cash management services, online business deposit and wire transfer services, in addition to non-interest-bearing demand deposit and savings accounts, and corporate credit cards.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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ABBVIE INC (ABBV) is a large-cap growth stock in the Biotechnology & Drugs industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: AbbVie Inc. (AbbVie) is a research-based biopharmaceutical company. The Company is engaged in the discovery, development, manufacture and sale of a range of pharmaceutical products. Its products are focused on treating conditions, such as chronic autoimmune diseases in rheumatology, gastroenterology and dermatology; oncology, including blood cancers; virology, including hepatitis C virus (HCV) and human immunodeficiency virus (HIV); neurological disorders, such as Parkinson's disease and multiple sclerosis; metabolic diseases, including thyroid disease and complications associated with cystic fibrosis, and other serious health conditions. It offers products in various categories, including HUMIRA (adalimumab), Oncology products, Virology Products, Additional Virology products, Metabolics/Hormones products, Endocrinology products and other products, which include Duopa and Duodopa (carbidopa and levodopa), Anesthesia products and ZINBRYTA (daclizumab).
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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EAGLE PHARMACEUTICALS INC (EGRX) is a small-cap growth stock in the Biotechnology & Drugs industry. The rating according to our strategy based on Peter Lynch changed from 0% to 87% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Eagle Pharmaceuticals, Inc. is a specialty pharmaceutical company. The Company focuses on developing and commercializing injectable products in the critical care and oncology areas. The Company's product portfolio includes products, including Argatroban; Ryanodex; docetaxel injection, non-alcohol formulation; and Bendeka. Its advanced candidates include EP-3101 (bendamustine Resistance Temperature Detectors (RTD)) (EP-3101), EP-4104 (dantrolene sodium for exertional heat stroke (EHS)) (EP-4104), EGL-4104-C-1702 (dantrolene sodium for drug induced hyperthermia), EP-5101 (pemetrexed) (EP-5101) and EGL-5385-C-1701 (fulvestrant). Its product portfolio focuses on oncology, critical care and orphan diseases. Bendamustine is an alkylating agent approved for use in chronic lymphocytic leukemia (CLL), and indolent B-cell non-Hodgkin's lymphoma (NHL), that has progressed during or within six months of treatment with rituximab or a rituximab-containing regimen.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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SILVERCREST ASSET MANAGEMENT GROUP INC (SAMG) is a small-cap value stock in the Investment Services industry. The rating according to our strategy based on Peter Lynch changed from 80% to 98% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Silvercrest Asset Management Group Inc. (Silvercrest) is a full-service wealth management firm focused on providing financial advisory and related family office services to ultra-high net worth individuals and institutional investors. The Company offers a suite of family office services for families seeking oversight of financial affairs. It advises clients on traditional investment strategies focused on equities, fixed income and cash, as well as non-traditional investment strategies, including hedge funds, private equity funds, real estate and commodities. It offers clients an array of investment solutions together with an array of non-proprietary solutions offered by unaffiliated firms selected. Silvercrest's family office services include financial planning; tax planning and preparation; partnership accounting and fund administration; consolidated wealth reporting; estate or trust agency, and art consultancy and management.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: BONUS PASS
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THIRD POINT REINSURANCE LTD (TPRE) is a small-cap value stock in the Insurance (Prop. & Casualty) industry. The rating according to our strategy based on Peter Lynch changed from 0% to 89% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Third Point Reinsurance Ltd. is a holding company. Through the Company's reinsurance subsidiaries, it provides property and casualty reinsurance coverage to insurance and reinsurance companies. The Company's segments include Property and Casualty Reinsurance, and Corporate. The Company's investable assets are managed by its investment manager, Third Point LLC. The Company also writes reinsurance contracts that provide protection against adverse development on loss reserves. Through Third Point LLC, the Company makes investments globally in all sectors, and in equity, credit, commodity, currency, options and other instruments. The Company also acts as the underwriter for the majority of the premium that it underwrites. The Company writes reinsurance contracts covering product lines, such as property, workers' compensation, auto, general liability, professional liability, credit and financial lines, and multi-line.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
EPS GROWTH RATE: FAIL
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: BONUS PASS
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XPEL INC (XPEL) is a small-cap growth stock in the Business Services industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Xpel Inc., formerly XPEL Technologies Corp., manufactures, sells and installs after-market automotive products, including automotive paint protection film, headlight protection film, automotive window films and other related products. The Company offers bulk paint protection film (PPF), pre-cut PPF and headlight protection kits. In the United States, Canada and parts of Europe, it operates primarily by selling a turnkey solution directly to independent installers and new car dealerships, which includes XPEL Protection Films, installation training, access to the Company's Design Access Program (DAP) Software, marketing support and lead generation. It operates approximately five Company-owned installation centers that serve wholesale and/or retail customers in their respective markets. In other parts of the world, it operates primarily through third-party distributors operating under agreement with the Company to develop a market or a region under the Company's supervision and direction.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
EPS GROWTH RATE: FAIL
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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SILVERGATE CAPITAL CORP (SI) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Silvergate Capital Corp. is a bank holding company for Silvergate Bank, which is a provider of financial infrastructure solutions and services to participants in the digital currency industry. It has designed Silvergate Exchange Network (SEN), a network of digital currency exchanges and digital currency investors that enables the movement of the currency between participating digital currency exchanges and investors. Its services include commercial banking, business lending, commercial and residential real estate lending and mortgage warehouse lending. The commercial real estate lending activities focuses on deposit and cash management services for digital currency-related businesses, as well as mortgage warehouse and correspondent residential lending. It provides a range of deposit products and services, including a variety of checking and savings accounts, certificates of deposit, online banking, mobile banking, e-Statements, bank-by-mail and direct deposit services.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
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ATLANTIC UNION BANKSHARES CORP (AUB) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Atlantic Union Bankshares Corporation, formerly Union Bankshares Corporation, is a financial holding company and bank holding company. The Company operates through a community bank segment. The Company offers financial services through its community bank subsidiary, Union Bank & Trust (the Bank) and three non-bank financial services affiliates. The Company's non-bank financial services affiliates include Union Insurance Group, LLC, which provides various lines of insurance products; Old Dominion Capital Management, Inc., Outfitter Advisors, Ltd., and Dixon, Hubard, Feinour & Brown, Inc., which provide investment advisory services. The community bank segment included one subsidiary bank, which provided loan, investment, and trust services to retail and commercial customers.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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BJS WHOLESALE CLUB HOLDINGS INC (BJ) is a mid-cap growth stock in the Retail (Specialty) industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: BJ's Wholesale Club Holdings, Inc. is an operator of membership warehouse clubs in the Eastern United States. The Company provides a one-stop shopping destination filled with brands, including its exclusive Wellsley Farms and Berkley Jensen brands, along with USDA Choice meats, and delicious organics, many in supermarket sizes. The Company operates 215 clubs and 134 BJ's Gas locations in 16 states. The Company offers two base types of memberships Inner Circle memberships and business memberships. The Company also offers its co-branded My BJ's Perks, and Mastercard program. The Company's products are sold under Wellsley Farms and Berkley Jensen brands.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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AGNC INVESTMENT CORP (AGNC) is a mid-cap value stock in the Real Estate Operations industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs). Its agency securities include agency residential mortgage-backed securities (Agency RMBS) and to-be-announced forward contracts (TBAs). Its Non-Agency Securities include credit risk transfer securities (CRT), non-agency residential mortgage-backed securities (Non-Agency RMBS) and commercial mortgage-backed securities (CMBS).
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
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TCG BDC INC (CGBD) is a small-cap value stock in the Misc. Financial Services industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: TCG BDC, Inc., formerly Carlyle GMS Finance, Inc., is a managed and non-diversified closed-end investment company. The Company is focused on lending to middle market companies. The Company's investment objective is to generate current income and capital appreciation primarily through debt investments in the United States and middle market companies. The Company seeks to achieve its investment objective primarily through direct originations of secured debt, including first lien senior secured loans and second lien senior secured loans. The Company's first lien senior secured loans include stand-alone first lien loans, first lien/last out loans, and unitranche loans. Second lien senior secured loans (Middle Market Senior Loans), with the balance of its assets invested yielding in higher investments include unsecured debt, mezzanine debt and investments in equities. The Company's investment adviser is Carlyle GMS Investment Management L.L.C.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
BANCORPSOUTH BANK (BXS) is a mid-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: BancorpSouth Bank is a financial holding company. The Company, through its principal bank subsidiary, conducts commercial banking and financial services operations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas and Illinois. The Company's segments include Community Banking, Insurance Agencies, and General Corporate and Other. Its Community Banking segment provides a range of deposit products, commercial loans and consumer loans. Its Insurance Agencies segment serves as agents in the sale of commercial lines of insurance and full lines of property and casualty, life, health and employee benefits products and services. Its General Corporate and Other segment includes mortgage banking, trust services, credit card activities, investment services and other activities not allocated to the Community Banking or Insurance Agencies segments.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
SLEEP NUMBER CORP (SNBR) is a small-cap value stock in the Furniture & Fixtures industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Sleep Number Corporation, formerly Select Comfort Corporation, is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The Company offers consumers individualized sleep solutions and services, which include a complete line of Sleep Number beds, bases and bedding accessories. Its Sleep Number bed offers SleepIQ technology sensors that work directly with the bed's DualAir technology to track each individual's sleep. The Sleep Number bedding collection comprises a line of sleep products that are designed to solve sleep issues. It offers FlextFit adjustable bases, and Sleep Number pillows, sheets and other bedding products. It offers Sleep Number beds in ranges within the mattress category, and in a range of sizes, including twin, full, queen, eastern king and California king. It also offers an assortment of temperature-balancing products.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
TAPESTRY INC (TPR) is a mid-cap value stock in the Apparel/Accessories industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Tapestry, Inc., formerly Coach, Inc., is a design house of luxury accessories and lifestyle collections. The Company's product offering uses a range of leathers, fabrics and materials. The Company's brands include Coach, Kate Spade, and Stuart Weitzman. Its segments include North America, International and Stuart Weitzman. The North America segment includes sales of Tapestry brand products to North American customers through Tapestry-operated stores (including the Internet) and sales to North American wholesale customers. The International segment operates department store concession shop-in-shop locations and retail and outlet stores, as well as e-commerce Websites. The Stuart Weitzman segment includes sales across the world generated by the Stuart Weitzman brand, primarily through department stores in North America and international locations, and within Stuart Weitzman operated stores (including the Internet) in the United States, Canada and Europe.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SALES: PASS
INVENTORY TO SALES: PASS
YIELD COMPARED TO THE S&P 500: PASS
YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
Since its inception, Validea's strategy based on Peter Lynch has returned 306.00% vs. 176.29% for the S&P 500. For more details on this strategy, click here
About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | The following table summarizes whether the stock meets each of this strategy's tests. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. | The following table summarizes whether the stock meets each of this strategy's tests. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. | The following table summarizes whether the stock meets each of this strategy's tests. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. | The following table summarizes whether the stock meets each of this strategy's tests. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. |
35205.0 | 2019-12-23 00:00:00 UTC | Associated Capital Group, Inc. (AC) Ex-Dividend Date Scheduled for December 24, 2019 | AC | https://www.nasdaq.com/articles/associated-capital-group-inc.-ac-ex-dividend-date-scheduled-for-december-24-2019-2019-12 | nan | nan | Associated Capital Group, Inc. (AC) will begin trading ex-dividend on December 24, 2019. A cash dividend payment of $0.1 per share is scheduled to be paid on January 09, 2020. Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that AC has paid the same dividend.
The previous trading day's last sale of AC was $38.71, representing a -15.07% decrease from the 52 week high of $45.58 and a 20.52% increase over the 52 week low of $32.12.
AC is a part of the Finance sector, which includes companies such as Morgan Stanley (MS) and Goldman Sachs Group, Inc. (GS). AC's current earnings per share, an indicator of a company's profitability, is -$.53.
For more information on the declaration, record and payment dates, visit the AC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AC through an Exchange Traded Fund [ETF]?
The following ETF(s) have AC as a top-10 holding:
iShares MSCI Philippines ETF (EPHE)
First Trust Canada AlphaDEX Fund (FCAN)
First Trust Developed Markets Ex-US AlphaDEX Fund (FDT).
The top-performing ETF of this group is FCAN with an increase of 5.2% over the last 100 days. EPHE has the highest percent weighting of AC at 6.54%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. AC is a part of the Finance sector, which includes companies such as Morgan Stanley (MS) and Goldman Sachs Group, Inc. (GS). For more information on the declaration, record and payment dates, visit the AC Dividend History page. | Associated Capital Group, Inc. (AC) will begin trading ex-dividend on December 24, 2019. Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. The following ETF(s) have AC as a top-10 holding: iShares MSCI Philippines ETF (EPHE) First Trust Canada AlphaDEX Fund (FCAN) First Trust Developed Markets Ex-US AlphaDEX Fund (FDT). | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the AC Dividend History page. The following ETF(s) have AC as a top-10 holding: iShares MSCI Philippines ETF (EPHE) First Trust Canada AlphaDEX Fund (FCAN) First Trust Developed Markets Ex-US AlphaDEX Fund (FDT). | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. Associated Capital Group, Inc. (AC) will begin trading ex-dividend on December 24, 2019. This marks the 8th quarter that AC has paid the same dividend. |
35206.0 | 2019-06-18 00:00:00 UTC | Financial Sector Update for 06/18/2019: HX,SJT,LC,MGI,AC | AC | https://www.nasdaq.com/articles/financial-sector-update-for-06-18-2019%3A-hxsjtlcmgiac-2019-06-18 | nan | nan | Top Financial Stocks
JPM +1.83%
BAC +2.90%
WFC +2.23%
C +2.24%
USB +1.17%
Financial stocks added to their prior advance during afternoon trading, with the NYSE Financial Index rising almost 1.0% while shares of financial companies in the S&P 500 were climbing almost 1.4%. The Philadelphia Housing Index was rising more than 0.2%.
Among financial stocks moving on news:
(-) Hexindai (HX) declined 5% on Tuesday after the Chinese consumer lender reported significantly lower non-GAAP Q4 net income and revenue compared with the year-ago period. It earned $0.07 per share during the three months ended March 31, excluding one-time items, down from a $0.34 per share adjusted profit last year, while revenue slid to $4.1 million from $27.6 million last year as the volume of loans processed through the Hexindai platform cratered. Analyst estimates were not available.
In other sector news:
(+) Moneygram International (MGI) more than doubled on Tuesday, rising nearly 144% in late trade, after the company announced a new strategic partnership with Ripple Labs to process cross-border payments and foreign exchange settlements of digital assets. Ripple also will provide Moneygram with up to $50 million in capital over the next two years in exchange for equity.
(+) LendingClub (LC) was 3% higher after the specialty lender Tuesday said it was expanding its balance transfer program to accommodate more borrowers looking to consolidate debt or refinance their credit cards. The company previously tested the program for more than a year and was now making it more widely available through a partner network of over 1,700 credit card, bank and loan companies.
(-) Associated Capital Group (AC) fell 3.5% on Tuesday after the Morgan Group announced a tentative deal to acquire Associated's G. Research unit in exchange for 50 million Morgan Group shares, or about 91% of the privately held real estate developer's common stock. The deal still is subject to the companies executing a definitive agreement along with customary approvals.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | (+) LendingClub (LC) was 3% higher after the specialty lender Tuesday said it was expanding its balance transfer program to accommodate more borrowers looking to consolidate debt or refinance their credit cards. (-) Associated Capital Group (AC) fell 3.5% on Tuesday after the Morgan Group announced a tentative deal to acquire Associated's G. Research unit in exchange for 50 million Morgan Group shares, or about 91% of the privately held real estate developer's common stock. Among financial stocks moving on news: (-) Hexindai (HX) declined 5% on Tuesday after the Chinese consumer lender reported significantly lower non-GAAP Q4 net income and revenue compared with the year-ago period. | (-) Associated Capital Group (AC) fell 3.5% on Tuesday after the Morgan Group announced a tentative deal to acquire Associated's G. Research unit in exchange for 50 million Morgan Group shares, or about 91% of the privately held real estate developer's common stock. (+) LendingClub (LC) was 3% higher after the specialty lender Tuesday said it was expanding its balance transfer program to accommodate more borrowers looking to consolidate debt or refinance their credit cards. Financial stocks added to their prior advance during afternoon trading, with the NYSE Financial Index rising almost 1.0% while shares of financial companies in the S&P 500 were climbing almost 1.4%. | (-) Associated Capital Group (AC) fell 3.5% on Tuesday after the Morgan Group announced a tentative deal to acquire Associated's G. Research unit in exchange for 50 million Morgan Group shares, or about 91% of the privately held real estate developer's common stock. (+) LendingClub (LC) was 3% higher after the specialty lender Tuesday said it was expanding its balance transfer program to accommodate more borrowers looking to consolidate debt or refinance their credit cards. Financial stocks added to their prior advance during afternoon trading, with the NYSE Financial Index rising almost 1.0% while shares of financial companies in the S&P 500 were climbing almost 1.4%. | (+) LendingClub (LC) was 3% higher after the specialty lender Tuesday said it was expanding its balance transfer program to accommodate more borrowers looking to consolidate debt or refinance their credit cards. (-) Associated Capital Group (AC) fell 3.5% on Tuesday after the Morgan Group announced a tentative deal to acquire Associated's G. Research unit in exchange for 50 million Morgan Group shares, or about 91% of the privately held real estate developer's common stock. Top Financial Stocks |
35207.0 | 2019-06-18 00:00:00 UTC | Financial Sector Update for 06/18/2019: LC,MGI,AC | AC | https://www.nasdaq.com/articles/financial-sector-update-for-06-18-2019%3A-lcmgiac-2019-06-18 | nan | nan | Top Financial Stocks
JPM +1.43%
BAC +2.26%
WFC +1.37%
C +1.76%
USB +0.86%
Financial stocks were advancing in afternoon trading, including a nearly 1% gain for the NYSE Financial Index while shares of financial companies in the S&P 500 were climbing almost 1.2%. The Philadelphia Housing Index was rising nearly 0.4%.
Among financial stocks moving on news:
(+) LendingClub (LC) was 2% higher after the specialty lender Tuesday said it was expanding its balance transfer program to accommodate more borrowers looking to consolidate debt or refinance their credit cards. The company previously tested the program for more than a year and was now making it more widely available through a partner network of over 1,700 credit card, bank and loan companies.
In other sector news:
(+) Moneygram International (MGI) more than doubled in price on Tuesday after announcing a new strategic partnership with Ripple Labs to process cross-border payments and foreign exchange settlements of digital assets. Ripple also will provide Moneygram with up to $50 million in capital over the next two years in exchange for equity.
(-) Associated Capital Group (AC) fell nearly 4% on Tuesday after the Morgan Group announced a tentative deal to acquire Associated's G. Research unit in exchange for 50 million Morgan Group shares, or about 91% of the privately held real estate developer's common stock. The deal still is subject to the companies executing a definitive agreement along with customary approvals.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Among financial stocks moving on news: (+) LendingClub (LC) was 2% higher after the specialty lender Tuesday said it was expanding its balance transfer program to accommodate more borrowers looking to consolidate debt or refinance their credit cards. (-) Associated Capital Group (AC) fell nearly 4% on Tuesday after the Morgan Group announced a tentative deal to acquire Associated's G. Research unit in exchange for 50 million Morgan Group shares, or about 91% of the privately held real estate developer's common stock. In other sector news: (+) Moneygram International (MGI) more than doubled in price on Tuesday after announcing a new strategic partnership with Ripple Labs to process cross-border payments and foreign exchange settlements of digital assets. | (-) Associated Capital Group (AC) fell nearly 4% on Tuesday after the Morgan Group announced a tentative deal to acquire Associated's G. Research unit in exchange for 50 million Morgan Group shares, or about 91% of the privately held real estate developer's common stock. Among financial stocks moving on news: (+) LendingClub (LC) was 2% higher after the specialty lender Tuesday said it was expanding its balance transfer program to accommodate more borrowers looking to consolidate debt or refinance their credit cards. Top Financial Stocks | Among financial stocks moving on news: (+) LendingClub (LC) was 2% higher after the specialty lender Tuesday said it was expanding its balance transfer program to accommodate more borrowers looking to consolidate debt or refinance their credit cards. (-) Associated Capital Group (AC) fell nearly 4% on Tuesday after the Morgan Group announced a tentative deal to acquire Associated's G. Research unit in exchange for 50 million Morgan Group shares, or about 91% of the privately held real estate developer's common stock. Financial stocks were advancing in afternoon trading, including a nearly 1% gain for the NYSE Financial Index while shares of financial companies in the S&P 500 were climbing almost 1.2%. | Among financial stocks moving on news: (+) LendingClub (LC) was 2% higher after the specialty lender Tuesday said it was expanding its balance transfer program to accommodate more borrowers looking to consolidate debt or refinance their credit cards. (-) Associated Capital Group (AC) fell nearly 4% on Tuesday after the Morgan Group announced a tentative deal to acquire Associated's G. Research unit in exchange for 50 million Morgan Group shares, or about 91% of the privately held real estate developer's common stock. Top Financial Stocks |
35208.0 | 2018-12-21 00:00:00 UTC | Associated Capital Group, Inc. (AC) Ex-Dividend Date Scheduled for December 24, 2018 | AC | https://www.nasdaq.com/articles/associated-capital-group-inc-ac-ex-dividend-date-scheduled-december-24-2018-2018-12-21 | nan | nan | Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on December 24, 2018. A cash dividend payment of $0.1 per share is scheduled to be paid on January 09, 2019. Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that AC has paid the same dividend.
The previous trading day's last sale of AC was $35.41, representing a -24.43% decrease from the 52 week high of $46.86 and a 8.65% increase over the 52 week low of $32.59.
AC is a part of the Finance sector, which includes companies such as Morgan Stanley ( MS ) and CME Group Inc. ( CME ). AC's current earnings per share, an indicator of a company's profitability, is -$.09.
For more information on the declaration, record and payment dates, visit the AC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AC through an Exchange Traded Fund [ETF]?
The following ETF(s) have AC as a top-10 holding:
iShares MSCI Philippines ETF ( EPHE )
First Trust Canada AlphaDEX Fund ( FCAN ).
The top-performing ETF of this group is EPHE with an decrease of -2.97% over the last 100 days. It also has the highest percent weighting of AC at 7.27%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the AC Dividend History page. Interested in gaining exposure to AC through an Exchange Traded Fund [ETF]? | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on December 24, 2018. | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the AC Dividend History page. The following ETF(s) have AC as a top-10 holding: iShares MSCI Philippines ETF ( EPHE ) First Trust Canada AlphaDEX Fund ( FCAN ). | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on December 24, 2018. This marks the 6th quarter that AC has paid the same dividend. |
35209.0 | 2018-08-07 00:00:00 UTC | 3 Top Stocks That Aren't On Wall Street's Radar | AC | https://www.nasdaq.com/articles/3-top-stocks-arent-wall-streets-radar-2018-08-07 | nan | nan | Wall Street tends to focus on big stocks and exciting stories, which leaves smaller companies and those with less exciting businesses to languish under the investment radar. Great investors look at headline-grabbing stocks, but then go a step further and look at the stocks that nobody is talking about. That includes companies like Control4 Corporation (NASDAQ: CTRL) , Enphase Energy, Inc. (NASDAQ: ENPH) , and Artesian Resources Corporation (NASDAQ: ARTNA) . Here's a quick rundown on this trio of under the radar stocks that we think are worth a closer look.
Get connected to this smart home stock
Chris Neiger(Control4): The smart home market is already getting crowded with the biggest names in tech. Alphabet 's Google Home smart speakers and Amazon 's Echo devices get much of the attention when people talk about smart home technologies, but as important as these companies are to building the connected homes of the future, Control4 is quietly leading in this space as well.
The company doesn't make the hardware for smart homes but instead offers high-end installations for everything from connected security systems, climate control, lighting, cameras, entertainment, and much more. Customers who want to automate every aspect of their home can use Control4 to install the devices, connect them to each other, and then access the Control4 app to manage the entire home. Let's just say that if you have some money to burn -- think tens of thousands of dollars -- Conrtol4 can turn any home into one that would make the most hard-core techie salivate.
To date, the company has connected nearly 370,000 homes worldwide. The beauty about Control4 is that the company is device and application agnostic. It works with about 11,000 devices and apps from an array of companies. Which means that as the smart home market evolves, Control4 will be able to evolve along with it.
Revenue grew by 18% in the first quarter 2018 to $59.1 million, and non-GAAP net income was $5.8 million, or $0.21 per diluted share, up from $0.12 in the year-ago quarter. Investors will also like the fact that the company has about $70 million in cash and no debt.
The smart home market is still in the early stages of growth, and the company's management believes Control4 can grab much more of it. The company's CEO, Martin Plaehn, said on the most recent earnings call,
Last year, 433 million smart home devices were shipped worldwide, and by 2022 that number will have increased to nearly 940 million, according to IDC. This explosion of smart home devices represents a massive opportunity for Control4 in the coming years. Investors who see the writing on the wall now would be wise to take a closer look at this under-the-radar play.
The solar energy dark horse
Travis Hoium(Enphase Energy): The solar industry could be one of the most disruptive forces of the next century in energy. Energy from the sun is already competitive with new coal, nuclear, and natural gas power plants and costs are coming down every year. What makes solar energy truly disruptive is the fact that it can be installed on homes and businesses, giving consumers power over their energy production and consumption that they've never had before. Enphase Energy could play a critical role in this rooftop solar market going forward.
Enphase Energy makes microinverters that connect to solar panels, changing the electricity coming from the panel from direct current (DC) to alternating current (AC) that outlets supply in homes and businesses. Inverters are needed in every solar system, but the reason microinverters are valuable is that module-level electronics are being mandated on all rooftop solar panels. Instead of installing another module-level electronics device, like a power optimizer, and having a central inverter, some companies are just building microinverters into their solar panels.
SunPower is the most notable panel manufacturer using microinverters and it is using Enphase Energy as its exclusive microinverter supplier after a deal announced earlier this year . The module level electronics mandate will be a tailwind and having SunPower as a customer gives the company legitimacy in signing other deals.
From a financial angle, Enphase Energy isn't yet profitable and has had to redesign its products to be competitive with other module-level electronics devices. But its latest products are gaining traction in the market and driving margins higher. The company may be a small player in the energy space, which is why Wall Street isn't paying attention to it, but as solar grows this could be one of the industry's biggest winners.
A water utility you've probably never heard of
Reuben Gregg Brewer (Artesian Resources Corporation): Water utilities generally have pretty good records when it comes to combining slow and steady growth with regular dividend hikes. That's part of the reason why investors like them so much, a fact that usually leaves the sector with modest yields most of the time. Which is why you might want to look at tiny, Delaware-based Artesian Resources, a $350 million market cap water utility that has a long history of offering a relatively high yield compared to the larger companies in the water utility space.
ARTNA Dividend Yield (TTM) data by YCharts
Artesian's current yield is around 2.5%, with next closest peer (Aqua America) at about 2.3%. That's not a huge difference, but if you are trying to maximize current income every basis point counts. Artesian stands out for more than just a high yield, however, since it has amassed an impressive streak of 26 consecutive annual dividend increases. The historical growth rate of the dividend, meanwhile, has hovered around the rate of inflation growth over the last decade. That's not great, but it means your buying power is being protected.
ARTNA data by YCharts
Revenues and earnings, meanwhile, have headed generally higher over the past 10 years. Future growth is backed by Artesian's plans to upgrade its asset base and expansion via small, bolt-on acquisitions like the recent purchase of Slaughter Beach Water Company. Add in a price to tangible book value ratio that's toward the low-end of the peer group and conservative income investors might want to take some time to get to know this relatively unknown water utility.
Names you should know
You probably haven't heard of Control4, Enphase, or Artesian. But that doesn't mean they aren't worth getting to know. For investors who like tech, Control4's focus on installing modern electronic gear and Enphase's solar power converter gear are both enticing deep-dive candidates. Although under the radar, they each appear to have huge opportunities ahead. Relatively tiny water utility Artesian, meanwhile, is a good research candidate for conservative income investors who are trying to squeeze out a little more yield from their portfolios. It's small but just as well-run as its better-known peers. If you spend a little time getting to know this trio, I'm confident that one or more of the stocks could end up in your portfolio today.
10 stocks we like better than Enphase
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Chris Neiger has no position in any of the stocks mentioned. Reuben Gregg Brewer has no position in any of the stocks mentioned. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool owns shares of Control4. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | The company may be a small player in the energy space, which is why Wall Street isn't paying attention to it, but as solar grows this could be one of the industry's biggest winners. Future growth is backed by Artesian's plans to upgrade its asset base and expansion via small, bolt-on acquisitions like the recent purchase of Slaughter Beach Water Company. Alphabet 's Google Home smart speakers and Amazon 's Echo devices get much of the attention when people talk about smart home technologies, but as important as these companies are to building the connected homes of the future, Control4 is quietly leading in this space as well. | Alphabet 's Google Home smart speakers and Amazon 's Echo devices get much of the attention when people talk about smart home technologies, but as important as these companies are to building the connected homes of the future, Control4 is quietly leading in this space as well. Customers who want to automate every aspect of their home can use Control4 to install the devices, connect them to each other, and then access the Control4 app to manage the entire home. Investors will also like the fact that the company has about $70 million in cash and no debt. | Alphabet 's Google Home smart speakers and Amazon 's Echo devices get much of the attention when people talk about smart home technologies, but as important as these companies are to building the connected homes of the future, Control4 is quietly leading in this space as well. Enphase Energy makes microinverters that connect to solar panels, changing the electricity coming from the panel from direct current (DC) to alternating current (AC) that outlets supply in homes and businesses. Customers who want to automate every aspect of their home can use Control4 to install the devices, connect them to each other, and then access the Control4 app to manage the entire home. | What makes solar energy truly disruptive is the fact that it can be installed on homes and businesses, giving consumers power over their energy production and consumption that they've never had before. Alphabet 's Google Home smart speakers and Amazon 's Echo devices get much of the attention when people talk about smart home technologies, but as important as these companies are to building the connected homes of the future, Control4 is quietly leading in this space as well. Customers who want to automate every aspect of their home can use Control4 to install the devices, connect them to each other, and then access the Control4 app to manage the entire home. |
35210.0 | 2018-07-27 00:00:00 UTC | Validea Peter Lynch Strategy Daily Upgrade Report - 7/27/2018 | AC | https://www.nasdaq.com/articles/validea-peter-lynch-strategy-daily-upgrade-report-7272018-2018-07-27 | nan | nan | The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch . This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.
PATRICK INDUSTRIES, INC. ( PATK ) is a small-cap value stock in the Constr. - Supplies & Fixtures industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Patrick Industries, Inc. is a manufacturer of component products and distributor of building products and materials for the recreational vehicle (RV) and manufactured housing (MH) industrial markets for customers throughout the United States and Canada. In addition, it is a supplier to certain other industrial markets, such as kitchen cabinet, office and household furniture, fixtures and commercial furnishings, marine, and other industrial markets. The Company's segments include Manufacturing and Distribution. It manufactures a range of products, which include decorative vinyl and paper laminated panels, solid surface, granite and quartz countertops, fabricated aluminum products, wrapped vinyl, paper and hardwood profile mouldings, slide-out trim and fascia, cabinet doors and components, hardwood furniture, fiberglass and plastic component products including front and rear caps and marine helms, interior passage doors, RV painting, and slotwall panels and components, among others.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
MARINEMAX INC ( HZO ) is a small-cap value stock in the Retail (Specialty) industry. The rating according to our strategy based on Peter Lynch changed from 74% to 93% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: MarineMax, Inc. is a recreational boat and yacht dealer in the United States. Through 56 retail locations in Alabama, California, Connecticut, Florida, Georgia, Maryland, Massachusetts, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, and Texas, the Company sold new and used recreational boats, including pleasure and fishing boats, as of September 30, 2016. The Company also sells related marine products, including engines, trailers, parts and accessories. In addition, it provides repair, maintenance, and slip and storage services; arranges related boat financing, insurance, and extended service contracts; offers boat and yacht brokerage sales, and operates a yacht charter business. The Company primarily sells recreational boats, including pleasure boats and fishing boats. The Company offers marine engines and equipment and sells marine engines and propellers primarily to retail customers as replacements for their existing engines or propellers.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
CARTER'S, INC. ( CRI ) is a mid-cap growth stock in the Retail (Apparel) industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Carter's, Inc. (Carter's) is a marketer of apparel for babies and young children in the United States and Canada. The Company owns two brand names in the children's apparel industry, Carter's and OshKosh B'gosh (OshKosh). The Company operates through five segments: Carter's Retail, Carter's Wholesale, OshKosh Retail, OshKosh Wholesale and International. Its International segment includes company-operated retail stores and online Websites, wholesale operations, and royalty income from its international licensees. It markets products for consumers, and offer various product categories, including baby, sleepwear, play clothes, and related accessories. Its multi-channel international business model - retail stores, online and wholesale - enables it to reach a range of consumers around the world. As of December 31, 2016, its channels included approximately 18,000 wholesale locations, 792 stores in the United States, 164 stores in Canada, and its Canadian and the United States Websites.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
MONOLITHIC POWER SYSTEMS, INC. ( MPWR ) is a mid-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Monolithic Power Systems, Inc. designs, develops and markets integrated power semiconductor solutions and power delivery architectures. The Company operates in the design, development, marketing and sale of power solutions for the communications, storage and computing, consumer and industrial markets segment. The Company's product families include Direct Current (DC) to DC Products, and Lighting Control Products. The Company's DC to DC integrated circuits (ICs) are used to convert and control voltages within a range of electronic systems, such as portable electronic devices, wireless local area network (LAN) access points, computers, monitors, automobiles and medical equipment. Lighting control ICs are used in backlighting and general illumination products. In addition to Alternating Current ( AC )/DC offline solutions for lighting illumination applications, the Company also offers AC/DC power conversion solutions for end products that plug into a wall outlet.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
MARTIN MARIETTA MATERIALS, INC. (MLM) is a large-cap growth stock in the Construction - Raw Materials industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Martin Marietta Materials, Inc. is a supplier of aggregates products (crushed stone, sand, and gravel) used for the construction of infrastructure, nonresidential, and residential projects. Aggregates products are also used for railroad ballast and in agricultural, utility and environmental applications. The Company's Aggregates business operates through three segments: the Mid-America Group, Southeast Group and West Group. The Company's business is categorized into Aggregates Business, Cement Business and Magnesia Specialties Business. Its Cement business is reported through the Cement segment. Its Magnesia Specialties business manufactures and markets magnesia-based chemical products used in industrial, agricultural, and environmental applications, and dolomitic lime sold to customers in the steel industry. Its Cement business produces Portland and specialty cements. It manufactures and markets, through its Magnesia Specialties business, magnesia-based chemical products.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
Since its inception, Validea's strategy based on Peter Lynch has returned 441.04% vs. 183.62% for the S&P 500. For more details on this strategy, click here
About Peter Lynch : Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts.
About Validea : Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | The following table summarizes whether the stock meets each of this strategy's tests. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm's underlying fundamentals and the stock's valuation. Its multi-channel international business model - retail stores, online and wholesale - enables it to reach a range of consumers around the world. | The following table summarizes whether the stock meets each of this strategy's tests. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm's underlying fundamentals and the stock's valuation. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm's underlying fundamentals and the stock's valuation. | The following table summarizes whether the stock meets each of this strategy's tests. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm's underlying fundamentals and the stock's valuation. Company Description: Patrick Industries, Inc. is a manufacturer of component products and distributor of building products and materials for the recreational vehicle (RV) and manufactured housing (MH) industrial markets for customers throughout the United States and Canada. | The following table summarizes whether the stock meets each of this strategy's tests. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm's underlying fundamentals and the stock's valuation. Company Description: Patrick Industries, Inc. is a manufacturer of component products and distributor of building products and materials for the recreational vehicle (RV) and manufactured housing (MH) industrial markets for customers throughout the United States and Canada. |
35211.0 | 2018-06-14 00:00:00 UTC | Associated Capital Group, Inc. (AC) Ex-Dividend Date Scheduled for June 15, 2018 | AC | https://www.nasdaq.com/articles/associated-capital-group-inc-ac-ex-dividend-date-scheduled-june-15-2018-2018-06-14 | nan | nan | Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on June 15, 2018. A cash dividend payment of $0.1 per share is scheduled to be paid on July 02, 2018. Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that AC has paid the same dividend.
The previous trading day's last sale of AC was $38.6, representing a -3.02% decrease from the 52 week high of $39.80 and a 19.88% increase over the 52 week low of $32.20.
AC is a part of the Finance sector, which includes companies such as Morgan Stanley ( MS ) and Goldman Sachs Group, Inc. ( GS ). AC's current earnings per share, an indicator of a company's profitability, is -$.03.
For more information on the declaration, record and payment dates, visit the AC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AC through an Exchange Traded Fund [ETF]?
The following ETF(s) have AC as a top-10 holding:
Goldman Sachs ActiveBeta Europe Equity ETF ( GSEU )
Goldman Sachs ActiveBeta International Equity ETF ( GSIE ).
The top-performing ETF of this group is GSIE with an decrease of -2.57% over the last 100 days. GSEU has the highest percent weighting of AC at 0.04%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. AC is a part of the Finance sector, which includes companies such as Morgan Stanley ( MS ) and Goldman Sachs Group, Inc. ( GS ). For more information on the declaration, record and payment dates, visit the AC Dividend History page. | The following ETF(s) have AC as a top-10 holding: Goldman Sachs ActiveBeta Europe Equity ETF ( GSEU ) Goldman Sachs ActiveBeta International Equity ETF ( GSIE ). The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on June 15, 2018. | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the AC Dividend History page. The following ETF(s) have AC as a top-10 holding: Goldman Sachs ActiveBeta Europe Equity ETF ( GSEU ) Goldman Sachs ActiveBeta International Equity ETF ( GSIE ). | The following ETF(s) have AC as a top-10 holding: Goldman Sachs ActiveBeta Europe Equity ETF ( GSEU ) Goldman Sachs ActiveBeta International Equity ETF ( GSIE ). Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on June 15, 2018. Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. |
35212.0 | 2018-05-01 00:00:00 UTC | Validea Peter Lynch Strategy Daily Upgrade Report - 5/1/2018 | AC | https://www.nasdaq.com/articles/validea-peter-lynch-strategy-daily-upgrade-report-512018-2018-05-01 | nan | nan | The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch . This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.
DTE ENERGY CO ( DTE ) is a large-cap growth stock in the Electric Utilities industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: DTE Energy Company is an energy company. Its segments include Electric, which consists of DTE Electric Company, which is engaged in the generation, purchase, distribution and sale of electricity to residential, commercial and industrial customers in southeastern Michigan; Gas, which consists of DTE Gas Company, which is engaged in the purchase, storage, transportation, distribution and sale of natural gas to residential, commercial and industrial customers throughout Michigan; Gas Storage and Pipelines, which consists of natural gas pipeline, gathering and storage businesses; Power and Industrial Projects, which consists of projects that deliver energy and utility-type products and services to industrial, commercial and institutional customers, and sell electricity from renewable energy projects; Energy Trading, which consists of energy marketing and trading operations, and Corporate and Other, which includes various holding company activities and holds certain non-utility debt.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
SONY CORP (ADR) ( SNE ) is a large-cap value stock in the Audio & Video Equipment industry. The rating according to our strategy based on Peter Lynch changed from 0% to 93% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Sony Corporation (Sony) is engaged in the development, design, manufacture and sale of various kinds of electronic equipment, instruments and devices for consumer, professional and industrial markets, as well as game consoles and software. The Company's segments include Mobile Communications, Game & Network Services, Imaging Products & Solutions, Home Entertainment & Sound, Semiconductors, Component, Films, Music, Financial Services and All Other. It is engaged in the production, acquisition and distribution of motion pictures and television programming and the operation of television and digital networks. It is also engaged in the development, production, manufacture and distribution of recorded music and the management and licensing of the words and music of songs. It is also engaged in various financial services businesses, including life and non-life insurance operations, through its Japanese insurance subsidiaries and banking operations through a Japanese banking subsidiary.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
MONOLITHIC POWER SYSTEMS, INC. ( MPWR ) is a mid-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Monolithic Power Systems, Inc. designs, develops and markets integrated power semiconductor solutions and power delivery architectures. The Company operates in the design, development, marketing and sale of power solutions for the communications, storage and computing, consumer and industrial markets segment. The Company's product families include Direct Current (DC) to DC Products, and Lighting Control Products. The Company's DC to DC integrated circuits (ICs) are used to convert and control voltages within a range of electronic systems, such as portable electronic devices, wireless local area network (LAN) access points, computers, monitors, automobiles and medical equipment. Lighting control ICs are used in backlighting and general illumination products. In addition to Alternating Current ( AC )/DC offline solutions for lighting illumination applications, the Company also offers AC/DC power conversion solutions for end products that plug into a wall outlet.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
Since its inception, Validea's strategy based on Peter Lynch has returned 413.14% vs. 164.69% for the S&P 500. For more details on this strategy, click here
About Peter Lynch : Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts.
About Validea : Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | The following table summarizes whether the stock meets each of this strategy's tests. Its segments include Electric, which consists of DTE Electric Company, which is engaged in the generation, purchase, distribution and sale of electricity to residential, commercial and industrial customers in southeastern Michigan; Gas, which consists of DTE Gas Company, which is engaged in the purchase, storage, transportation, distribution and sale of natural gas to residential, commercial and industrial customers throughout Michigan; Gas Storage and Pipelines, which consists of natural gas pipeline, gathering and storage businesses; Power and Industrial Projects, which consists of projects that deliver energy and utility-type products and services to industrial, commercial and institutional customers, and sell electricity from renewable energy projects; Energy Trading, which consists of energy marketing and trading operations, and Corporate and Other, which includes various holding company activities and holds certain non-utility debt. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm's underlying fundamentals and the stock's valuation. | The following table summarizes whether the stock meets each of this strategy's tests. Its segments include Electric, which consists of DTE Electric Company, which is engaged in the generation, purchase, distribution and sale of electricity to residential, commercial and industrial customers in southeastern Michigan; Gas, which consists of DTE Gas Company, which is engaged in the purchase, storage, transportation, distribution and sale of natural gas to residential, commercial and industrial customers throughout Michigan; Gas Storage and Pipelines, which consists of natural gas pipeline, gathering and storage businesses; Power and Industrial Projects, which consists of projects that deliver energy and utility-type products and services to industrial, commercial and institutional customers, and sell electricity from renewable energy projects; Energy Trading, which consists of energy marketing and trading operations, and Corporate and Other, which includes various holding company activities and holds certain non-utility debt. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm's underlying fundamentals and the stock's valuation. | The following table summarizes whether the stock meets each of this strategy's tests. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm's underlying fundamentals and the stock's valuation. Its segments include Electric, which consists of DTE Electric Company, which is engaged in the generation, purchase, distribution and sale of electricity to residential, commercial and industrial customers in southeastern Michigan; Gas, which consists of DTE Gas Company, which is engaged in the purchase, storage, transportation, distribution and sale of natural gas to residential, commercial and industrial customers throughout Michigan; Gas Storage and Pipelines, which consists of natural gas pipeline, gathering and storage businesses; Power and Industrial Projects, which consists of projects that deliver energy and utility-type products and services to industrial, commercial and institutional customers, and sell electricity from renewable energy projects; Energy Trading, which consists of energy marketing and trading operations, and Corporate and Other, which includes various holding company activities and holds certain non-utility debt. | The following table summarizes whether the stock meets each of this strategy's tests. Company Description: Sony Corporation (Sony) is engaged in the development, design, manufacture and sale of various kinds of electronic equipment, instruments and devices for consumer, professional and industrial markets, as well as game consoles and software. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm's underlying fundamentals and the stock's valuation. |
35213.0 | 2018-04-19 00:00:00 UTC | Is Helmerich & Payne Inc. (HP) a Buy? | AC | https://www.nasdaq.com/articles/helmerich-payne-inc-hp-buy-2018-04-19 | nan | nan | Oil and gas drilling services contractor Helmerich & Payne Inc. (NYSE: HP) was crushed after oil prices tumbled in mid-2014. And for good reason, with its active U.S. land rig count falling a massive 70% in just six quarters. However, after hitting a bottom, things have started to turn around. Better yet, there appears to be another upgrade cycle taking shape that Helmerich & Payne is set to take advantage of, and that could make this drilling services company a buy -- but don't expect huge price gains from here.
Pain at the pump
Helmerich & Payne's stock price fell more than 60% following the top in oil prices. That makes sense, as oil companies pulled back hard on drilling in the U.S. land segment of the market as prices tumbled. Roughly 90% of the company's nearly 400 rigs operate in the U.S. onshore market.
At the worst, Helmerich had only 86 U.S. rigs working. Today, however, that number is over 200 -- which helps explain the stock price recovery. Although still down around 40% from its mid-2014 peak, the stock price is up around 40% from its recent lows. Despite all that volatility, Helmerich remains a well-financed company with debt making up just 10% of its capital structure (among the lowest figures in the industry) with industry-leading market share. In fact, it has gained roughly five percentage points of market share since oil peaked.
Leading the way
There are a couple of reasons to be excited about Helmerich's future. For starters, large oil companies like ExxonMobil Corporation have made material commitments to U.S. onshore drilling. So, there's likely to be plenty of demand for the onshore oil drilling services that Helmerich provides.
Helmerich is the biggest player in the U.S. onshore market. Image source: Helmerich & Payne Inc.
However, there's also a subtle change taking place. In recent years, the big shift involved oil companies looking to move from mechanical rigs to alternating current (AC) rigs. That upgrade cycle was a huge boon to Helmerich because it had been focusing on building AC rigs, which are more flexible and efficient than older rigs. AC rigs commanded higher rates from customers. That change has largely played out.
Now, the company is upgrading its rig fleet to even higher standards. So-called "super spec" rigs are gaining material market share as relatively low oil prices are forcing oil companies to increase efficiency even more than they already have. Helmerich has roughly half its U.S. rigs upgraded, and believes it can bring that number up to at least 80%. In fact, it recently upped its capital spending plans by roughly 25% so it can move more quickly here.
That bodes well for the company's top and bottom lines, even though the extra spending means higher costs and reduced free cash flow over the short term, since super-spec rigs command higher day rates. The overall improvement in the company's business is notable, with revenue from the U.S. onshore segment increasing 75% year over year in the most recent quarter. However, after a notable stock price advance, investors seeking big stock price gains should probably look elsewhere. That said, income investors attracted by Helmerich & Payne's hefty 3.8% yield should take comfort in the oil services provider's prospects, since it means the dividend is likely to hold.
It depends on your goal
Looking at the big picture, Helmerich & Payne has had a nice stock run, and while its prospects look strong, the big price recovery suggests that stock gains will be more modest from here. The company's price to book value and price to tangible book value both currently sits above their trailing 3-, 5-, and 7-year averages. However, the improving business landscape should interest income investors who are attracted to the company's hefty dividend yield. While there were concerns about its ability to pay at one point, the industry upturn, improving performance, a new upgrade cycle, and Helmerich's strong industry position and balance sheet all suggest that the dividend is safe. If you are a dividend investor, Helmerich & Payne looks like it's worth a deep dive .
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Reuben Gregg Brewer owns shares of ExxonMobil. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | That makes sense, as oil companies pulled back hard on drilling in the U.S. land segment of the market as prices tumbled. That said, income investors attracted by Helmerich & Payne's hefty 3.8% yield should take comfort in the oil services provider's prospects, since it means the dividend is likely to hold. Oil and gas drilling services contractor Helmerich & Payne Inc. (NYSE: HP) was crushed after oil prices tumbled in mid-2014. | That said, income investors attracted by Helmerich & Payne's hefty 3.8% yield should take comfort in the oil services provider's prospects, since it means the dividend is likely to hold. Oil and gas drilling services contractor Helmerich & Payne Inc. (NYSE: HP) was crushed after oil prices tumbled in mid-2014. And for good reason, with its active U.S. land rig count falling a massive 70% in just six quarters. | Oil and gas drilling services contractor Helmerich & Payne Inc. (NYSE: HP) was crushed after oil prices tumbled in mid-2014. And for good reason, with its active U.S. land rig count falling a massive 70% in just six quarters. That makes sense, as oil companies pulled back hard on drilling in the U.S. land segment of the market as prices tumbled. | That upgrade cycle was a huge boon to Helmerich because it had been focusing on building AC rigs, which are more flexible and efficient than older rigs. Oil and gas drilling services contractor Helmerich & Payne Inc. (NYSE: HP) was crushed after oil prices tumbled in mid-2014. And for good reason, with its active U.S. land rig count falling a massive 70% in just six quarters. |
35214.0 | 2018-03-29 00:00:00 UTC | Validea Martin Zweig Strategy Daily Upgrade Report - 3/29/2018 | AC | https://www.nasdaq.com/articles/validea-martin-zweig-strategy-daily-upgrade-report-3292018-2018-03-29 | nan | nan | The following are today's upgrades for Validea's Growth Investor model based on the published strategy of Martin Zweig . This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt.
MONOLITHIC POWER SYSTEMS, INC. ( MPWR ) is a mid-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Martin Zweig changed from 77% to 85% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Monolithic Power Systems, Inc. designs, develops and markets integrated power semiconductor solutions and power delivery architectures. The Company operates in the design, development, marketing and sale of power solutions for the communications, storage and computing, consumer and industrial markets segment. The Company's product families include Direct Current (DC) to DC Products, and Lighting Control Products. The Company's DC to DC integrated circuits (ICs) are used to convert and control voltages within a range of electronic systems, such as portable electronic devices, wireless local area network (LAN) access points, computers, monitors, automobiles and medical equipment. Lighting control ICs are used in backlighting and general illumination products. In addition to Alternating Current ( AC )/DC offline solutions for lighting illumination applications, the Company also offers AC/DC power conversion solutions for end products that plug into a wall outlet.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
CAMBRIDGE BANCORP ( CATC ) is a small-cap growth stock in the Regional Banks industry. The rating according to our strategy based on Martin Zweig changed from 69% to 85% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Cambridge Bancorp is a bank holding company. The Company's segment is community banking business, which consists of commercial banking, consumer banking, and trust and investment management services. Cambridge Trust Company (the Bank) is a subsidiary of the Company. The Bank offers a range of commercial and consumer banking services through its network of over 10 banking offices in Massachusetts. The Bank is engaged in the business of attracting deposits from the public and investing those deposits. The Bank invests those funds in various types of loans, including residential and commercial real estate, and a range of commercial and consumer loans. The Bank also invests its deposits and borrowed funds in investment securities, and has over three Massachusetts Security Corporations, including CTC Security Corporation, CTC Security Corporation II and CTC Security Corporation III.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
Since its inception, Validea's strategy based on Martin Zweig has returned 419.76% vs. 160.39% for the S&P 500. For more details on this strategy, click here
About Martin Zweig : During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports.
About Validea : Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | The Company's DC to DC integrated circuits (ICs) are used to convert and control voltages within a range of electronic systems, such as portable electronic devices, wireless local area network (LAN) access points, computers, monitors, automobiles and medical equipment. The following table summarizes whether the stock meets each of this strategy's tests. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports. | The following table summarizes whether the stock meets each of this strategy's tests. The Bank also invests its deposits and borrowed funds in investment securities, and has over three Massachusetts Security Corporations, including CTC Security Corporation, CTC Security Corporation II and CTC Security Corporation III. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt. | The following table summarizes whether the stock meets each of this strategy's tests. The Bank also invests its deposits and borrowed funds in investment securities, and has over three Massachusetts Security Corporations, including CTC Security Corporation, CTC Security Corporation II and CTC Security Corporation III. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt. | The following table summarizes whether the stock meets each of this strategy's tests. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt. The rating according to our strategy based on Martin Zweig changed from 77% to 85% based on the firm's underlying fundamentals and the stock's valuation. |
35215.0 | 2018-01-23 00:00:00 UTC | The Best Solar Power Inverter Stocks | AC | https://www.nasdaq.com/articles/best-solar-power-inverter-stocks-2018-01-23 | nan | nan | Power inverters have become a critical component of solar power systems large and small. They're what converts the direct current (DC) generated by a solar cell into the alternating current (AC) the grid uses, and they can be the control system for an entire installation .
As the solar industry evolves, it's at the point of the inverter that companies are considering grafting on energy storage, another value-added component. Naturally, the inverter could be the control center for both the solar system and energy storage, making it an even more critical component. Given that, here are four solar power inverter stocks that renewable energy investors should keep their eye on .
SolarEdge Technologies
SolarEdge Technologies (NASDAQ: SEDG) may not be a household name, but it's a global leader in residential solar power inverters. The company battles with SMA , Huawei , and Enphase Energy (NASDAQ: ENPH) in the residential solar market, but its leading power inverters, which are installed on each solar panel, have given it a leg up in expanding into the power inverter market.
While SolarEdge's technology is advanced, it's using a fairly old strategy in the solar market. It's making the string inverter, a central inverter that connects a "string" of solar panels together, the key hub in a solar system. That's the way solar systems were designed in the mid- to late-2000s before microinverters became popular.
What's allowed SolarEdge to succeed is its superior efficiency on the power optimizer level. These module-level power electronics are becoming standard for solar installers as regulators demand the ability to safely shut down a solar panel remotely. There's no reason the technical advantage won't continue to give the company a leg up in the solar power inverter market.
ABB
One of the biggest electricity industry suppliers is ABB (NYSE: ABB) , and it's also a leader in solar power inverters, primarily due to its acquisition of Power-One . According to IHS Markit's 2017 rankings, the company is No. 5 in inverter volumes (by megawatt) and No. 6 in revenue.
ABB is a diverse company with only about 30% of revenue coming from electrified products, where inverters are a contributor. But as one of the largest solar power inverter companies in the world, it's worth making these products part of your investment thesis.
Enphase Energy
I mentioned that SolarEdge started as a power optimizer company. Its big competitor at the time was Enphase Energy, a leader in microinverters. Like SolarEdge, Enphase has benefited from regulators mandating module-level electronics in residential solar systems. But that momentum was largely extinguished when the company began losing market share to power inverter companies like SolarEdge. Nevertheless, Enphase is the seventh largest inverter supplier by revenue, according to IHS Markit.
While Enphase has a large market share in microinverters, it's also a high-risk stock. The company is in the midst of a turnaround plan that involves management slashing operating expenses and focusing on returning the company to profitability. On a non-GAAP basis, they expected to be profitable in the fourth quarter, about which we will hear next month. If momentum continues, the stock could be in for a strong recovery. But this is not a low-risk investment for solar power inverter investors.
Schneider Electric
Another diversified supplier with a large presence in this space is Schneider Electric , the eighth-largest inverter supplier by volume and revenue, according to IHS Markit. I don't think investors should look at it as a pure power-inverter play, as they would with SolarEdge or Enphase Energy, but rather a next-generation energy company. Schneider Electric supplies components like inverters, switchgear, transformers, and monitoring and control systems for renewable energy projects. It's even building an energy storage business to bolt onto these installations.
Schneider Electric will use its position as an electrical equipment supplier to expand out from inverters to other value-added components. It will also have exposure to the booming utility-scale solar market, where SolarEdge and Enphase aren't active in right now. That'll give the company an opportunity to leverage its existing business to gain access to solar projects, creating a new growth market.
Solar power inverters are a key to a renewable future
They're not the most talked about components in a solar installation, but inverters may be the key to unlocking value for investors. They can be the smart hubs that integrate energy production with energy storage and the grid, a critical component of any installation. SolarEdge, ABB, Enphase Energy, and Schneider Electric are the industry leaders investors will want to keep an eye on.
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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | That'll give the company an opportunity to leverage its existing business to gain access to solar projects, creating a new growth market. They're what converts the direct current (DC) generated by a solar cell into the alternating current (AC) the grid uses, and they can be the control system for an entire installation . The company battles with SMA , Huawei , and Enphase Energy (NASDAQ: ENPH) in the residential solar market, but its leading power inverters, which are installed on each solar panel, have given it a leg up in expanding into the power inverter market. | The company battles with SMA , Huawei , and Enphase Energy (NASDAQ: ENPH) in the residential solar market, but its leading power inverters, which are installed on each solar panel, have given it a leg up in expanding into the power inverter market. They're what converts the direct current (DC) generated by a solar cell into the alternating current (AC) the grid uses, and they can be the control system for an entire installation . One of the biggest electricity industry suppliers is ABB (NYSE: ABB) , and it's also a leader in solar power inverters, primarily due to its acquisition of Power-One . | The company battles with SMA , Huawei , and Enphase Energy (NASDAQ: ENPH) in the residential solar market, but its leading power inverters, which are installed on each solar panel, have given it a leg up in expanding into the power inverter market. They're what converts the direct current (DC) generated by a solar cell into the alternating current (AC) the grid uses, and they can be the control system for an entire installation . One of the biggest electricity industry suppliers is ABB (NYSE: ABB) , and it's also a leader in solar power inverters, primarily due to its acquisition of Power-One . | The company battles with SMA , Huawei , and Enphase Energy (NASDAQ: ENPH) in the residential solar market, but its leading power inverters, which are installed on each solar panel, have given it a leg up in expanding into the power inverter market. Schneider Electric Another diversified supplier with a large presence in this space is Schneider Electric , the eighth-largest inverter supplier by volume and revenue, according to IHS Markit. They're what converts the direct current (DC) generated by a solar cell into the alternating current (AC) the grid uses, and they can be the control system for an entire installation . |
35216.0 | 2017-12-23 00:00:00 UTC | Forget Facebook: Here Are 3 Better Growth Stocks | AC | https://www.nasdaq.com/articles/forget-facebook-here-are-3-better-growth-stocks-2017-12-23 | nan | nan | There's no question that Facebook (NASDAQ: FB) has been a blowout winner in its five years on the stock market. Though the social network got off to a slow start, the stock is now up 363% since its initial public offering in 2012; it's now one of the most valuable companies in the world, worth more than $500 billion. However, its revenue and profit growth are expected to slow as the company says it has maximized ad load -- the number of ads it shows each user. Considering that factor, and the stock's already giant market cap, Facebook's best growth days are probably behind it.
For investors looking for another shot at that kind of growth, GrubHub Inc. (NYSE: GRUB) , Centennial Resource Development, Inc. (NASDAQ: CDEV) , and SolarEdge Technologies, Inc. (NASDAQ: SEDG) fit the bill. Below, a panel of our contributors explain why.
Connecting people in a different way
Jeremy Bowman (GrubHub): Facebook's mission has always been about connecting people to each other. GrubHub, meanwhile, connects people with something just as important -- food. It's the nation's leading restaurant-takeout marketplace, giving millions of diners easy access to local restaurants, and allowing them to order conveniently and quickly through a range of smartphone apps and websites.
2017 has been a banner year for the delivery specialist, with shares up 90%; the company has consistently topped expectations in its earnings reports and made smart strategic moves, including a number of acquisitions. As part of a long-term partnership with Yelp , GrubHub took over delivery site Eat24 for $287.5 million; this gave it the top spot in food-delivery market share in 13 of the 22 biggest cities in the country, which has helped it defend itself against competitors like Amazon.com and Uber.
Acquiring Foodler, and 27 of OrderUp's markets from Groupon , also strengthened GrubHub's leadership. So did a partnership with Facebook that connects Facebook users with third-party delivery apps like GrubHub.
Since GrubHub still considers traditional takeout ordering by phone to be its primary competition, the company should have a long tail of growth ahead as it gradually converts new users. Profit margins, which are already around 10%, should also scale up as the company gets bigger and absorbs new acquisitions.
A high-octane oil stock
Matt DiLallo (Centennial Resource Development): Shale driller Centennial Resource Development has grown exponentially since forming late last year. The company quickly completed a series of deals to lock up acreage in the lucrative Permian Basin , which gave it the resources to fuel jaw-dropping growth in oil production. In just the last quarter alone, oil production has risen 21% to 21,108 barrels per day, which sent output up 101% since the start of the year. That rapidly growing production has driven Centennial Resource Development's stock up more than 100% since the current management team took over in October 2016.
However, this shale driller still has plenty of room to run. Its objective is to achieve the best equity performance of any oil stock in its peer group over the next few years. To reach that target, the company plans to deliver best-in-class production growth, with the aim of boosting oil output to 60,000 barrels per day by 2020. That rapidly rising production in a stable oil price environment should fuel tremendous cash flow and profit growth, which could drive Centennial's stock skyward.
Centennial's exposure to oil prices does make it a riskier option, because it's possible that crude might not cooperate and could take a nosedive. However, that volatility goes both ways since oil could continue recovering, which is the scenario Centennial's CEO sees based on his belief that the market has overestimated the ability of shale drillers to keep growing . If this prediction comes to fruition, and crude soars, it would provide even more fuel for Centennial's stock.
An integral player in the fast-growing solar market
Maxx Chatsko (SolarEdge Technologies): Shares may have gained roughly 200% in 2017, but SolarEdge is well-positioned for long-term growth. The company offers one of the leading solar inverters -- the pieces of hardware that convert direct current (DC) generated from a solar panel to alternating current (AC) used by the American electrical grid -- available on the market, and investors are starting to catch on.
Then again, it's been difficult to ignore the tremendous market traction demonstrated by the solar inverters. In the third quarter of 2017 , revenue grew 30% and earnings per share 73% compared to the year-ago period. That growth shows no sign of slowing.
That's partially because SolarEdge has taken solar inverters one step beyond the competition by adding a charger into the mix; while this is required for a complete solar-plus-energy-storage solution, it's usually a separate component. The combo reduces the overall system's footprint, complexity, and cost -- and makes it even easier for rooftop-solar providers to choose the company's products.
In the future, it would make sense for SolarEdge to offer a complete package, or one system that includes the inverter, charger, and energy storage unit. That would provide a major advantage in the solar industry, give tremendous value to homeowners, and create a massive opportunity for long-term, high-margin growth.
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John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Jeremy Bowman has no position in any of the stocks mentioned. Matthew DiLallo owns shares of AMZN and Facebook. Maxx Chatsko has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Amazon and Facebook. The Motley Fool recommends YELP. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | It's the nation's leading restaurant-takeout marketplace, giving millions of diners easy access to local restaurants, and allowing them to order conveniently and quickly through a range of smartphone apps and websites. 2017 has been a banner year for the delivery specialist, with shares up 90%; the company has consistently topped expectations in its earnings reports and made smart strategic moves, including a number of acquisitions. There's no question that Facebook (NASDAQ: FB) has been a blowout winner in its five years on the stock market. | There's no question that Facebook (NASDAQ: FB) has been a blowout winner in its five years on the stock market. However, its revenue and profit growth are expected to slow as the company says it has maximized ad load -- the number of ads it shows each user. Considering that factor, and the stock's already giant market cap, Facebook's best growth days are probably behind it. | The company offers one of the leading solar inverters -- the pieces of hardware that convert direct current (DC) generated from a solar panel to alternating current (AC) used by the American electrical grid -- available on the market, and investors are starting to catch on. There's no question that Facebook (NASDAQ: FB) has been a blowout winner in its five years on the stock market. However, its revenue and profit growth are expected to slow as the company says it has maximized ad load -- the number of ads it shows each user. | So did a partnership with Facebook that connects Facebook users with third-party delivery apps like GrubHub. There's no question that Facebook (NASDAQ: FB) has been a blowout winner in its five years on the stock market. However, its revenue and profit growth are expected to slow as the company says it has maximized ad load -- the number of ads it shows each user. |
35217.0 | 2017-12-22 00:00:00 UTC | Associated Capital Group, Inc. (AC) Ex-Dividend Date Scheduled for December 26, 2017 | AC | https://www.nasdaq.com/articles/associated-capital-group-inc-ac-ex-dividend-date-scheduled-december-26-2017-2017-12-22 | nan | nan | Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on December 26, 2017. A cash dividend payment of $0.1 per share is scheduled to be paid on January 10, 2018. Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that AC has paid the same dividend.
The previous trading day's last sale of AC was $34, representing a -13.6% decrease from the 52 week high of $39.35 and a 5.59% increase over the 52 week low of $32.20.
AC is a part of the Finance sector, which includes companies such as Goldman Sachs Group, Inc. ( GS ) and Morgan Stanley ( MS ). AC's current earnings per share, an indicator of a company's profitability, is -$.15.
For more information on the declaration, record and payment dates, visit the AC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AC through an Exchange Traded Fund [ETF]?
The following ETF(s) have AC as a top-10 holding:
iShares MSCI Philippines ETF ( EPHE )
Guggenheim MSCI Emerging Markets Equal Country Weight ETF ( EWEM ).
The top-performing ETF of this group is EPHE with an increase of 4.73% over the last 100 days. It also has the highest percent weighting of AC at 7.54%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. AC is a part of the Finance sector, which includes companies such as Goldman Sachs Group, Inc. ( GS ) and Morgan Stanley ( MS ). For more information on the declaration, record and payment dates, visit the AC Dividend History page. | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on December 26, 2017. | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the AC Dividend History page. The following ETF(s) have AC as a top-10 holding: iShares MSCI Philippines ETF ( EPHE ) Guggenheim MSCI Emerging Markets Equal Country Weight ETF ( EWEM ). | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on December 26, 2017. This marks the 4th quarter that AC has paid the same dividend. |
35218.0 | 2017-10-28 00:00:00 UTC | Why Power Inverters Are the Key to the Solar Industry | AC | https://www.nasdaq.com/articles/why-power-inverters-are-key-solar-industry-2017-10-28 | nan | nan | Solar energy is taking the world by storm, and that's created an opportunity that could be worth trillions of dollars to investors . But with panel prices plunging and fierce competition among installers, there hasn't been a lot of value generated by the companies who you would think are at the forefront of the industry.
One area that has generated value comprises inverters, the device that turns direct current (DC) electricity from a solar panel into the alternating (AC) current the grid uses today. Here's a look at why these devices are so powerful in the industry and who to watch in the future.
The brains of the solar system
The inverter is where DC power from solar systems large and small are collected and turned into the AC current the grid can use. In that respect, it's essentially the brains of the solar system.
For utility-scale solar systems, the inverter acts as a hub before power is sent to the grid. Big electric infrastructure players like General Electric , Schneider Electric , and ABB have built large inverter businesses, but solar inverters are a small percentage of their overall sales and none of them are market leaders. According to GTM Research, that title belongs to Huawei and Sungrow , which are Chinese suppliers and rely on their home market for most of their demand.
On the distributed side of the market -- which includes residential and commercial solar systems -- SolarEdge (NASDAQ: SEDG) , ABB's products from the acquisition of PowerOne, and Enphase Energy (NASDAQ: ENPH) are the three biggest suppliers that are publicly traded. They play a key role in the operation of solar energy systems around the world. They'll often be the interface customers use when they monitor their solar systems and they are the point at which energy is sent to devices in the home or business or sent back to the meter and then the electric grid.
The fact that the inverter acts as the brains of a solar system helps commoditize the other components, as you can see in the net income chart below.
SEDG Net Income (TTM) data by YCharts .
It doesn't matter if a Canadian Solar , Trina Solar , or SunPower (NASDAQ: SPWR) module is connected to a SolarEdge inverter, so it makes the panel itself less important in any given solar installations. Once an inverter manufacturer has a product or platform that becomes popular, it can tap into the installer market. After all, it's the installers that make the decisions as to which components they want to use for any particular job. That's why inverters hold the power they do today.
Module manufacturers try to break free
To combat their weak strategic position in the solar installation, some manufacturers have tried to develop their own inverter solutions and tie them to panel sales. SunPower is one of the most notable doing this with its X-Series panels that include micro-inverters attached directly to the panel. In both commercial and residential applications, these panels are part of fully engineered solutions called Helix and Equinox, respectively, allowing SunPower to hold the power of the panel and inverter supplier.
In larger-scale systems, panel makers are moving to vertically integrate as well. First Solar 's (NASDAQ: FSLR) Series 6 module is part of what it calls a "medium voltage DC Plant architecture," which includes panels, inverters, and even energy storage.
First Solar product technology presentation . Image source: First Solar.
This is a relatively new strategy, but it may be successful in moving the power in solar to vertically integrated manufacturers, especially if energy storage becomes a bigger part of the industry.
Energy storage may change everything
As the solar industry grew over the past decade, installers would piece together the components they needed. One solar panel didn't work better with an inverter or racking, so why not just choose what has the lowest cost with the capabilities needed to make a sale?
But the solar industry is moving toward more solar plus storage applications as residential and commercial customers face lower net metering rates that give them an incentive to use more of their energy production on-site. As a result, everyone from installers to solar module manufacturers are moving to become the "brains" of the solar system. I mentioned SunPower's offerings and Sunrun (NASDAQ: RUN) and Vivint Solar (NYSE: VSLR) are moving to control the energy storage system and inverter through their own developments or partnerships.
If customers and suppliers have an incentive to develop their own control solutions that include energy storage, they could reduce the power and profitability of inverter manufacturers. SolarEdge and Enphase Energy are trying to hold their positions by developing their own storage solutions, but they're not vertically integrated so they'll face a new level of competition as energy storage grows.
Will inverters be a power center forever?
Solar inverters have been where a lot of the investor value has been generated over the past decade, but that may not be true for the next decade. I think we'll see more vertically integrated offerings like what First Solar and SunPower are launching, selling directly to installers and pushing out other inverter manufacturers. Current inverter manufacturers may need to move upstream into panel manufacturing to keep up or develop partnerships with other manufacturers.
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Travis Hoium owns shares of First Solar, General Electric, and SunPower. The Motley Fool recommends First Solar. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | If customers and suppliers have an incentive to develop their own control solutions that include energy storage, they could reduce the power and profitability of inverter manufacturers. One area that has generated value comprises inverters, the device that turns direct current (DC) electricity from a solar panel into the alternating (AC) current the grid uses today. The brains of the solar system The inverter is where DC power from solar systems large and small are collected and turned into the AC current the grid can use. | One area that has generated value comprises inverters, the device that turns direct current (DC) electricity from a solar panel into the alternating (AC) current the grid uses today. On the distributed side of the market -- which includes residential and commercial solar systems -- SolarEdge (NASDAQ: SEDG) , ABB's products from the acquisition of PowerOne, and Enphase Energy (NASDAQ: ENPH) are the three biggest suppliers that are publicly traded. But the solar industry is moving toward more solar plus storage applications as residential and commercial customers face lower net metering rates that give them an incentive to use more of their energy production on-site. | The brains of the solar system The inverter is where DC power from solar systems large and small are collected and turned into the AC current the grid can use. As a result, everyone from installers to solar module manufacturers are moving to become the "brains" of the solar system. One area that has generated value comprises inverters, the device that turns direct current (DC) electricity from a solar panel into the alternating (AC) current the grid uses today. | This is a relatively new strategy, but it may be successful in moving the power in solar to vertically integrated manufacturers, especially if energy storage becomes a bigger part of the industry. One area that has generated value comprises inverters, the device that turns direct current (DC) electricity from a solar panel into the alternating (AC) current the grid uses today. The brains of the solar system The inverter is where DC power from solar systems large and small are collected and turned into the AC current the grid can use. |
35219.0 | 2017-10-03 00:00:00 UTC | Why Helmerich & Payne, Inc. Stock Rocketed Over 23% in September | AC | https://www.nasdaq.com/articles/why-helmerich-payne-inc-stock-rocketed-over-23-september-2017-10-03 | nan | nan | What happened
The shares of high-yielding oil and gas drilling rig provider Helmerich & Payne, Inc. (NYSE: HP) rose an astounding 23% last month. That was a notable about-face for the shares, which had declined roughly 45% between the start of the year and the end of August.
That said, Helmerich & Payne wasn't the only oil and natural gas services company to see huge gains in September. Competitors Patterson-UTI Energy, Inc. (NASDAQ: PTEN) , Nabors Industries Ltd. (NYSE: NBR) , and Precision Drilling Corp (NYSE: PDS) each advanced more than 20% in the month. Patterson-UTI actually led the group with a huge 31% gain. This was much more than just one company shifting into high gear.
So what
The important news is really summed up in a presentation given by Helmerich & Payne at the start of September. Although the company noted that oil prices remain a risk factor in the U.S. onshore drilling market, it continues to see demand for high-end drilling rigs. Helmerich is the leading supplier of these alternating current (AC) rigs, which are more flexible and efficient than older rigs.
That said, all of the major drilling services firms have been upgrading to high-end AC rigs because of changing industry demand driven by more complex applications, like horizontal drilling. That's not a new trend; this shift has been taking place for years. The energy downturn that started in mid-2014 just helped to accelerate the shift, with AC rigs continuing to work, on average, while older rigs got mothballed. In a sense, older rigs got pushed out of the market.
Looking to the future, Helmerich & Payne went on to explain that U.S. onshore drilling continues to be driven by unconventional oil plays. These are the types of wells that require the newest and most reliable equipment because they are complex, have longer lateral drilling requirements, and are just generally more challenging. As you might expect, Helmerich & Payne believes the replacement cycle that has favored the AC rigs capable of drilling these types of wells to continue.
Better yet, Helmerich & Payne believes that, even in the current oil market, there's room for day rates to move higher. That, of course, only holds true for high-quality AC rigs. But Helmerich & Payne, Patterson-UTI, Nabors, and Precision Drilling all have idle AC rigs that can be brought back into action. So, really, the fundamentals for well-positioned drill rig providers is fairly solid. That said, it would be a clear overstatement to suggest that these are the best of times -- things are just holding up reasonably well despite relatively low oil prices.
And speaking of oil prices, oil has been holding fairly well in the $40 to $50 a barrel range over the past year or so. That's proven to be high enough to keep the U.S. onshore drillers active -- and to support demand for the top-quality AC rigs that Helmerich and its peers provide. But oil prices were on a decided uptrend in September, with West Texas Intermediate rising from $47.31 a barrel at the start of the month to $51.67 by month's end. That was an additional tailwind for drilling service providers, whose shares generally tracked oil prices higher through the month. Higher oil prices usually translates into more drilling, and more demand for drill rigs.
Now what
Helmerich & Payne, Patterson-UTI, Nabors, and Precision Drilling all had a good month. But don't get too excited. As Helmerich pointed out, oil prices remain a volatile and important wild card. The drilling services industry appears to be holding up pretty well, but falling energy prices could quickly change that.
That said, the industry's outlook isn't nearly as dour as it was a few years back, when oil prices were plunging from over $100 a barrel to the $30 range. If you are looking to jump aboard now that oil prices appear to have stabilized somewhat, I'd start my deep dive with Helmerich & Payne . Of the companies here, it offers the highest yield, has the lowest debt, and the most idle AC rigs ready to get back to work.
10 stocks we like better than Helmerich & Payne
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Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | As you might expect, Helmerich & Payne believes the replacement cycle that has favored the AC rigs capable of drilling these types of wells to continue. That's proven to be high enough to keep the U.S. onshore drillers active -- and to support demand for the top-quality AC rigs that Helmerich and its peers provide. That was a notable about-face for the shares, which had declined roughly 45% between the start of the year and the end of August. | Competitors Patterson-UTI Energy, Inc. (NASDAQ: PTEN) , Nabors Industries Ltd. (NYSE: NBR) , and Precision Drilling Corp (NYSE: PDS) each advanced more than 20% in the month. But Helmerich & Payne, Patterson-UTI, Nabors, and Precision Drilling all have idle AC rigs that can be brought back into action. That was a notable about-face for the shares, which had declined roughly 45% between the start of the year and the end of August. | Although the company noted that oil prices remain a risk factor in the U.S. onshore drilling market, it continues to see demand for high-end drilling rigs. That was a notable about-face for the shares, which had declined roughly 45% between the start of the year and the end of August. Competitors Patterson-UTI Energy, Inc. (NASDAQ: PTEN) , Nabors Industries Ltd. (NYSE: NBR) , and Precision Drilling Corp (NYSE: PDS) each advanced more than 20% in the month. | Although the company noted that oil prices remain a risk factor in the U.S. onshore drilling market, it continues to see demand for high-end drilling rigs. That was a notable about-face for the shares, which had declined roughly 45% between the start of the year and the end of August. Competitors Patterson-UTI Energy, Inc. (NASDAQ: PTEN) , Nabors Industries Ltd. (NYSE: NBR) , and Precision Drilling Corp (NYSE: PDS) each advanced more than 20% in the month. |
35220.0 | 2017-09-14 00:00:00 UTC | You Wouldn't Believe the Size of High-Yielding Helmerich & Payne, Inc.'s Rig Count | AC | https://www.nasdaq.com/articles/you-wouldnt-believe-size-high-yielding-helmerich-payne-incs-rig-count-2017-09-14 | nan | nan | Oil and gas drilling rig company Helmerich & Payne, Inc. (NYSE: HP) is a leader in a highly cyclical industry. The worst of the recent drilling downturn is clearly over if you look at the massive rebound in the company's utilization rate. But when you look at the total number of rigs it owns, you realize there's a long way to go before things are back to where they were in the heydays of mid-2014. Here's what you need to know.
It's the biggest
In mid-2017, Helmerich & Payne had roughly 350 drilling rigs in its U.S. land fleet, accounting for around 90% of its total rig portfolio (it also serves the offshore and foreign onshore markets). The vast majority of the company's U.S.-focused equipment (around 80%) is made up of alternating current (AC) rigs, which are more flexible and efficient than older rigs. The oil and gas industry has been making a long-term shift toward these rigs for years.
You wouldn't believe the size of Helmerich & Payne's rig count compared to its peers. Patterson-UTI Energy, Inc. (NASDAQ: PTEN) , the next largest direct competitor, has less than half as many AC rigs. Nabors Industries Ltd. (NYSE: NBR) has around a third as many U.S. onshore AC rigs. That helps explain why Helmerich's U.S. onshore market share in the AC space is 29% compared to Patterson's 20% and Nabors' 16%.
The opportunity and the problem
So Helmerich & Payne is the clear leader in the U.S. onshore market. The upturn has been good to the company, too, with its utilization more than doubling from the low it hit in mid-2016. The problem with that statistic, however, is that the utilization rate went from a dismal 24% in June 2016 to 52% in June of 2017. A big improvement to be sure, but the company still had 48% of its U.S. land fleet sitting idle.
Generally speaking, rigs that aren't drilling aren't earning Helmerich & Payne any money. And that's the catch: The company has the biggest AC fleet but also the most idle AC rigs of any of its direct peers. That's an opportunity, but also a risk.
If demand for U.S. onshore rigs increases, Helmerich & Payne is in a unique position to supply customers with the most advanced equipment. It doesn't need to build or acquire new rigs , just pull an idle one back into action. That means it can act fast to meet demand, and boost its top and bottom lines -- but only if demand continues to move higher.
If demand remains at current levels, then Helmerich & Payne has a problem. It's sitting on a rig portfolio with a significant amount of idle equipment. That's a drag on the top and bottom lines. And, worse, it could lead to asset writeoffs if demand never returns to previous peak levels.
The takeaway
This is a glass half-full versus a glass half-empty situation, with Helmerich & Payne's future heavily influenced by what happens to the U.S. onshore drilling market. If drilling demand moves higher, Helmerich is in a great position to prosper. If it is moribund, however, it will be carrying a lot of dead weight in its portfolio. This is part of the reason why the company offers a hefty 5.9% yield. But now that you know the rig stats, you can make a more educated decision about the risks and opportunities facing this high-yield stock.
10 stocks we like better than Helmerich & Payne
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David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Helmerich & Payne wasn't one of them! That's right -- they think these 10 stocks are even better buys.
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Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | That helps explain why Helmerich's U.S. onshore market share in the AC space is 29% compared to Patterson's 20% and Nabors' 16%. But when you look at the total number of rigs it owns, you realize there's a long way to go before things are back to where they were in the heydays of mid-2014. It's the biggest In mid-2017, Helmerich & Payne had roughly 350 drilling rigs in its U.S. land fleet, accounting for around 90% of its total rig portfolio (it also serves the offshore and foreign onshore markets). | It's the biggest In mid-2017, Helmerich & Payne had roughly 350 drilling rigs in its U.S. land fleet, accounting for around 90% of its total rig portfolio (it also serves the offshore and foreign onshore markets). But when you look at the total number of rigs it owns, you realize there's a long way to go before things are back to where they were in the heydays of mid-2014. The vast majority of the company's U.S.-focused equipment (around 80%) is made up of alternating current (AC) rigs, which are more flexible and efficient than older rigs. | It's the biggest In mid-2017, Helmerich & Payne had roughly 350 drilling rigs in its U.S. land fleet, accounting for around 90% of its total rig portfolio (it also serves the offshore and foreign onshore markets). But when you look at the total number of rigs it owns, you realize there's a long way to go before things are back to where they were in the heydays of mid-2014. The vast majority of the company's U.S.-focused equipment (around 80%) is made up of alternating current (AC) rigs, which are more flexible and efficient than older rigs. | And that's the catch: The company has the biggest AC fleet but also the most idle AC rigs of any of its direct peers. But when you look at the total number of rigs it owns, you realize there's a long way to go before things are back to where they were in the heydays of mid-2014. It's the biggest In mid-2017, Helmerich & Payne had roughly 350 drilling rigs in its U.S. land fleet, accounting for around 90% of its total rig portfolio (it also serves the offshore and foreign onshore markets). |
35221.0 | 2017-09-02 00:00:00 UTC | 2 Top Dividend Stocks for Your Roth IRA | AC | https://www.nasdaq.com/articles/2-top-dividend-stocks-your-roth-ira-2017-09-02 | nan | nan | It's never easy finding great stocks trading at reasonable prices and sporting high yields. You have to wait for a market downturn or find companies that are out of favor for some reason. Helmerich & Payne, Inc. (NYSE: HP) and International Business Machines Corp (NYSE: IBM) are two high-yielding dividend stocks that fall into the latter category. They're both smart choices to juice the tax-free income you get out of your Roth IRA.
Cyclical industry, steady dividend
Helmerich & Payne yields an impressive 6.2% today. That's largely because it operates in the oil and natural gas drilling business, which is highly cyclical and currently out of favor. But here's the really exciting thing: The company has increased its dividend every year for 44 consecutive years despite operating in a cycle-driven industry.
To be fair, there are real things to worry about. For example, Helmerich & Payne only has about half of its U.S. onshore drilling fleet working today. This business accounts for roughly 90% of its rigs. However, the 52% utilization rate in the fiscal third quarter was more than double the 24% experienced in the same quarter a year ago. So the worst of the downturn appears over.
Another positive is Helmerich & Payne's industry position. It is the market-share leader in the U.S. onshore market with the most modern fleet of rigs. That's important because its customers have increasingly been shifting toward alternating current (AC) rigs, which are more efficient and flexible than older rigs. With more AC rigs, Helmerich & Payne is in position to serve customers looking to stay on the cutting edge. And, for better or worse, it has more idle AC rigs than its direct peers, too, meaning that it could gain even more share if drilling activity continues to pick up .
Helmerich & Payne is the leader in U.S. onshore drilling. Image source: Helmerich & Payne, Inc.
You might still be worried about getting into a highly cyclical industry. That's reasonable, but also consider that Helmerich & Payne's balance sheet is rock solid. Long-term debt makes up only around 10% of the capital structure and the current ratio -- a measure of a company's ability to pay near-term bills -- is a robust 3.7. There's definitely risk here, but the high yield, long history of annual dividend hikes, and solid balance sheet should help calm your nerves.
Turning around a giant ship
The next candidate to consider for your Roth IRA is tech titan IBM. The company currently yields 4.1% and boasts a 22-year history of annual dividend hikes. That, of course, is the good news. The bad news is that the yield is so high because IBM is going through a painful business transition.
IBM Dividend Per Share (Quarterly) data by YCharts
How bad is it? Revenue has declined for 21 consecutive quarters. That's more than five years of falling sales because the revenue from new businesses hasn't been able to offset the loss of revenue from sold and declining businesses. Investors are clearly worried that IBM isn't going to be able to right the ship. And if you take a cursory look at the balance sheet, long-term debt makes up a worrying two-thirds of the capital structure! A falling top line and a heavy debt load are not good signs.
Let's address those issues one at a time starting with the easy one: debt. Around 80% of IBM's long-term debt is related to the tech giant's financing arm . This business supports the company's sales. There's a risk that these loans won't get paid, of course, but this debt is backed by sales and long-term contracts. Pull that debt out and long-term debt only makes up around 30% of the capital structure. That's a completely reasonable number. Meanwhile, the current ratio is a healthy 1.25. IBM is in solid financial shape with plenty of room to maneuver.
The business transition is a little more complicated. For starters, IBM is a massive ship to turn around. So it's not surprising that a big makeover would be slow moving. As for the likelihood of success, IBM is more than 100 years old -- it's successfully transformed its business before. There's no reason to doubt that it won't be able to do it again, as it continues to shifts from older businesses, like making computers, toward new businesses like security, cloud computing, data analytics (Watson), social, and mobile.
One good sign that it hasn't lost its edge is its continued lead in annual patent wins. It's been awarded more patents than any other company for 24 consecutive years, besting the runner-up's tally last year by a massive 45%. Although many of these patents are related to technology that we won't see for years into the future, this is a clear demonstration that IBM is still the type of company that can, and is, driving change in the technology industry.
IBM Normalized Diluted EPS (Annual) data by YCharts
And then there's the company's profitability. Despite a falling top line, robust profit margins and stock buybacks continue to support IBM's earnings. Over the past decade, revenues are down around 20% but earnings have gone up over 75% despite relatively weak bottom line results in the last few years. With regard to the dividend, fellow Fool Keith Noonan recently noted that the tech giant's free cash flow easily covers its dividend payments. Put it all together and IBM still looks like a leading technology company with the financial strength to change with the times -- even if the process is taking longer than investors would like.
Foolish takeaway
There's no question that there are risks at Helmerich & Payne and IBM. They wouldn't be offering investors such high yields if there weren't. However, when you dig into the businesses a little bit, the risks start to look less frightening, which makes the high yields each offers even more enticing. If you stick this pair into a Roth IRA, you'll be able to use them to generate a healthy stream of tax-free income.
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David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and IBM wasn't one of them! That's right -- they think these 10 stocks are even better buys.
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Reuben Gregg Brewer owns shares of IBM. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | And, for better or worse, it has more idle AC rigs than its direct peers, too, meaning that it could gain even more share if drilling activity continues to pick up . Helmerich & Payne, Inc. (NYSE: HP) and International Business Machines Corp (NYSE: IBM) are two high-yielding dividend stocks that fall into the latter category. This business accounts for roughly 90% of its rigs. | Despite a falling top line, robust profit margins and stock buybacks continue to support IBM's earnings. Helmerich & Payne, Inc. (NYSE: HP) and International Business Machines Corp (NYSE: IBM) are two high-yielding dividend stocks that fall into the latter category. This business accounts for roughly 90% of its rigs. | Helmerich & Payne, Inc. (NYSE: HP) and International Business Machines Corp (NYSE: IBM) are two high-yielding dividend stocks that fall into the latter category. This business accounts for roughly 90% of its rigs. That's important because its customers have increasingly been shifting toward alternating current (AC) rigs, which are more efficient and flexible than older rigs. | Helmerich & Payne, Inc. (NYSE: HP) and International Business Machines Corp (NYSE: IBM) are two high-yielding dividend stocks that fall into the latter category. This business accounts for roughly 90% of its rigs. That's important because its customers have increasingly been shifting toward alternating current (AC) rigs, which are more efficient and flexible than older rigs. |
35222.0 | 2017-07-21 00:00:00 UTC | 7 Tech Stocks That Aren’t Bothered by Washington | AC | https://www.nasdaq.com/articles/7-tech-stocks-that-arent-bothered-by-washington-2017-07-21 | nan | nan | InvestorPlace - Stock Market News, Stock Advice & Trading Tips
The markets may have an upward bias, but it's been tough to tell how well they will fare moving forward. But one thing is becoming clear. Tech stocks have become the leaders. Even if Washington can't get anything done, consumer- and corporate- driven tech is reliable and demand is only expanding.
Source: Shutterstock
You don't have to dig too deep to see the trend. The Nasdaq 100 has doubled the performance of the Dow Jones Industrial Average year-to-date. And while industrials and financials are more closely linked with government policy, tech is generally independent of D.C.'s oversight.
Healthcare, financials, infrastructure and agriculture all wait on politicians on the Hill to find out where they can take advantage of the markets. While they wait, tech just keeps chugging along.
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Below are seven tech stocks with miles of upside. Given their size and the sectors they are in, they have plenty of opportunity left, and for some, they'll be great buyout targets for tech titans.
Tech Stocks With Miles of Upside: Advanced Energy (AEIS)
Source: Shutterstock
If the tech sector were a human body, Advanced Energy Industries Inc (NASDAQ: AEIS ) would be the heart. And not in a sentimental way, in a literal way. AEIS manages the lifeblood of tech - electricity. It is a power management company that works in a wide variety of tech sectors, from flat screen displays to inverters for solar panels.
The one thing all our technology needs to function is reliable electricity and the specific levels each device demands. And for renewables, power needs to be converted from direct current (DC) to alternating current (AC), so it can be used in home or uploaded to the grid.
But all the power loads need to fit the device, so the power has to be managed both inside the device and before it gets to its source. And it has to be reliable - that's what AEIS does.
It continues to grow organically and also by acquisitions. Most recently, it bought Irish firm Excelsys Holdings Limited . AEIS stock is up 38% year-to-date yet still trades at a price-earnings ratio of 22.
Tech Stocks With Miles of Upside: Cognex Corp. (CGNX)
Source: Shutterstock
Cognex Corporation (NASDAQ: CGNX ) specializes in machine vision and industrial bar code scanning technologies. Basically, CGNX is in a very dynamic sector right now for online retailing as well as logistics services - automating production and fulfillment processes.
For example, on a production line for bottled water, you would want to have checks on the bottles before they get into production, once they're filled, once they're capped, once they're labeled and then a couple more times once they're packed.
Instead of having people man all those stations, CGNX cameras can now do all those jobs. CGNX devices can also help oversee robots on the production line. And then the scanners read the bar codes and send the boxes down the line to their proper destinations.
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This sector is just in its infancy and CGNX is already sporting a nearly $8 billion market cap. Up 44% year-to-date, it's off its highs. But not for long.
Tech Stocks With Miles of Upside: inTest Corp. (INTT)
Source: Shutterstock
InTest Corporation (NASDAQ: INTT ) only has a $75 million market cap, but it has been around for 36 years and has operations in the U.S., Japan, Singapore and Germany. INTT stock has been publicly traded for two decades.
The reason for its success is? It sticks to its knitting. It provides products and services to semiconductor manufacturers to test their integrated circuits and wafer products. Its client list is very impressive. Think of a big-name chipmaker anywhere in the world, and they're almost certainly a client. InTest even sells its test equipment to other major test equipment companies.
Keeping its focus has brought it great success. And as all our devices get "smarter," the more in demand testing becomes.
What's more, considering its size, inTest would be a great buy for a big chipmaker looking to bring its testing in house. But even on its own, INTT can succeed, as the past seven months have shown. In that time, INTT stock is up 67% and it's still trading at a P/E of 15.
Tech Stocks With Miles of Upside: Kulicke and Soffa Industries (KLIC)
Source: Shutterstock
Kulicke and Soffa Industries Inc (NASDAQ: KLIC ) established itself in 1951, long before the technology revolution was anything more than science fiction. But it has become a major player in one of those essential niches that few tech investors ever even think about - packaging and production products for the chipmakers.
Chips go everywhere nowadays, not just into computers. Embedded computing - putting chips in products that aren't simply computers, like cars and washing machines - is the next growth stage of our tech world. And KLIC sells the materials needed to build chips and also products that get the chips and assemblies from the chipmakers to production facilities for assembly.
Remember, chips and wafers are pretty fragile cargo and it's a commodity-based business, so chipmakers can't afford to send replacements for broken boards or chips. A reliable partner like KLIC is essential.
3 Tech Stocks That Belong In Every Retirement Portfolio
Up 39% year to date and still trading at P/E of 18, KLIC is in the right place at the right time.
Tech Stocks With Miles of Upside: Nova Measuring Instruments (NVMI)
Source: Shutterstock
Nova Measuring Instruments Ltd (NASDAQ: NVMI ) is an Israel-based company that specializes in metrology (measuring equipment) for the semiconductor industry. As smart devices and products continue to expand, one of the fastest growing sectors along that chain of supply and demand is checking to make sure the chips that are being built are consistently top quality.
NVMI produces the equipment that helps build and measure the production of today's high-performance chips. Previously, chips were only being used in specific, computer-oriented machines. But now, these chips are everywhere, from our phones to our cars, to our thermostats.
NVMI is growing as fast as the industry sector is. NVMI stock is up 91% year-to-date, and while its P/E is a lofty 75, it's an indication of the growth still left in this niche.
Tech Stocks With Miles of Upside: Pegasystems (PEGA)
Source: Shutterstock
Pegasystems Inc (NASDAQ: PEGA ) was established in 1983 when founder and CEO Alan Trefler was a mere 27 years old. Today, PEGA stock sports a nearly $5 billion market cap and is one of the top customer resource management (CRM) companies in the market, especially in the highly regulated financial services and healthcare sectors.
Instead of just focusing on CRM, PEGA has looked to integrate various enterprise applications into its platform to build more value into its software. The goal is make CRM and other applications more dynamic and valuable for the company without making a mess out of the interactions.
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And it seems to be working. PEGA stock is up 70% year to date and earnings and revenue keep beating, quarter after quarter. Its price-earnings ratio is in the triple digits, but there is near-term space in this sector for the kind of growth that will bring that down without hurting its stock price or earnings.
Tech Stocks With Miles of Upside: Axcelis (ACLS)
Source: Shutterstock
Axcelis Technologies Inc (NASDAQ: ACLS ) is on the manufacturing end of the chipmaking process. Its most promising market niche is its new ion implantation system it calls Purion . ACLS systems are key to the chip manufacturing process.
There are several players in this sector, but given the changing nature of the sector in recent years, its proprietary Purion technology is finding significant demand without a great deal of competitors.
While many firms are competing for the new, complex chips, ACLS is getting large amounts of work in the less cutting edge space in DRAM and NAND memory chips.
ACLS also has a larger proportion of insider ownership than many of its competitors, which helps keep the company focused on success. Up 58% year-to-date, it's P/E of 39 is high, but its prospects are higher.
Louis Navellier is a renowned growth investor. He is the editor of five investing newsletters: Blue Chip Growth , Emerging Growth, Ultimate Growth , Family Trust and Platinum Growth . His most popular service, Blue Chip Growth, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com . Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters.
The post 7 Tech Stocks That Aren't Bothered by Washington appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Its price-earnings ratio is in the triple digits, but there is near-term space in this sector for the kind of growth that will bring that down without hurting its stock price or earnings. InvestorPlace - Stock Market News, Stock Advice & Trading Tips The markets may have an upward bias, but it's been tough to tell how well they will fare moving forward. The one thing all our technology needs to function is reliable electricity and the specific levels each device demands. | Tech Stocks With Miles of Upside: Cognex Corp. (CGNX) Source: Shutterstock Cognex Corporation (NASDAQ: CGNX ) specializes in machine vision and industrial bar code scanning technologies. InvestorPlace - Stock Market News, Stock Advice & Trading Tips The markets may have an upward bias, but it's been tough to tell how well they will fare moving forward. The one thing all our technology needs to function is reliable electricity and the specific levels each device demands. | InvestorPlace - Stock Market News, Stock Advice & Trading Tips The markets may have an upward bias, but it's been tough to tell how well they will fare moving forward. The one thing all our technology needs to function is reliable electricity and the specific levels each device demands. And for renewables, power needs to be converted from direct current (DC) to alternating current (AC), so it can be used in home or uploaded to the grid. | The one thing all our technology needs to function is reliable electricity and the specific levels each device demands. InvestorPlace - Stock Market News, Stock Advice & Trading Tips The markets may have an upward bias, but it's been tough to tell how well they will fare moving forward. And for renewables, power needs to be converted from direct current (DC) to alternating current (AC), so it can be used in home or uploaded to the grid. |
35223.0 | 2017-06-22 00:00:00 UTC | Associated Capital Group, Inc. (AC) Ex-Dividend Date Scheduled for June 23, 2017 | AC | https://www.nasdaq.com/articles/associated-capital-group-inc-ac-ex-dividend-date-scheduled-june-23-2017-2017-06-22 | nan | nan | Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on June 23, 2017. A cash dividend payment of $0.1 per share is scheduled to be paid on July 11, 2017. Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that AC has paid the same dividend.
The previous trading day's last sale of AC was $33.45, representing a -14.99% decrease from the 52 week high of $39.35 and a 20.15% increase over the 52 week low of $27.84.
AC is a part of the Finance sector, which includes companies such as Goldman Sachs Group, Inc. ( GS ) and Morgan Stanley ( MS ). AC's current earnings per share, an indicator of a company's profitability, is -$.2.
For more information on the declaration, record and payment dates, visit the AC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AC through an Exchange Traded Fund [ETF]?
The following ETF(s) have AC as a top-10 holding:
iShares MSCI Philippines ETF ( EPHE )
Guggenheim MSCI Emerging Markets Equal Country Weight ETF ( EWEM ).
The top-performing ETF of this group is EWEM with an increase of 9.03% over the last 100 days. EPHE has the highest percent weighting of AC at 6.66%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. AC is a part of the Finance sector, which includes companies such as Goldman Sachs Group, Inc. ( GS ) and Morgan Stanley ( MS ). For more information on the declaration, record and payment dates, visit the AC Dividend History page. | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on June 23, 2017. | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the AC Dividend History page. The following ETF(s) have AC as a top-10 holding: iShares MSCI Philippines ETF ( EPHE ) Guggenheim MSCI Emerging Markets Equal Country Weight ETF ( EWEM ). | The following ETF(s) have AC as a top-10 holding: iShares MSCI Philippines ETF ( EPHE ) Guggenheim MSCI Emerging Markets Equal Country Weight ETF ( EWEM ). Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on June 23, 2017. Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. |
35224.0 | 2017-05-08 00:00:00 UTC | Why Ocular Therapeutix Inc Stock Jumped Higher Today | AC | https://www.nasdaq.com/articles/why-ocular-therapeutix-inc-stock-jumped-higher-today-2017-05-08 | nan | nan | What happened
Ocular Therapeutix (NASDAQ: OCUL) stock is up 9.7% as of 11:41 a.m. EDT after the company presented phase 3 data for eye pain drug Dextenza.
So what
We already knew the clinical trial was successful and the company released quite a bit of data in January, but nevertheless, it's always helpful to see data presented in front of doctors who will be using the product.
In Ocular Therapeutix's presentation at the American Society of Cataract and Refractive Surgery Annual Symposium, Dextenza met its primary endpoints of the absence of anterior chamber (AC) cells, which is a sign of inflammation, on day 14 and the absence of pain on day 8. More than 52% of patients that got Dextenza after cataract surgery had no AC cells on day 14 compared to 31.1% patients that got placebo. The pain reading was also superior, with 79% of patients who took Dextenza reporting no pain on day 8 compared to 61.3% of patients that took placebo.
Some of today's increase in share price could also be because investors have decided that the issues at the company's manufacturing plant identified by the FDA can be resolved relatively quickly, so Friday's decline wasn't completely justified.
Now what
Today's data was a useful step forward, but investors should be focused on the potential approval of Dextenza. Ocular Therapeutix has already submitted the marketing application for Dextenza to the FDA, which is expected to make a decision by July 19.
Assuming Ocular Therapeutix can resolve the manufacturing issues in a timely manner, the company looks like it's in good shape to receive an approval in a couple of months.
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Brian Orelli and The Motley Fool have no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Some of today's increase in share price could also be because investors have decided that the issues at the company's manufacturing plant identified by the FDA can be resolved relatively quickly, so Friday's decline wasn't completely justified. Assuming Ocular Therapeutix can resolve the manufacturing issues in a timely manner, the company looks like it's in good shape to receive an approval in a couple of months. In Ocular Therapeutix's presentation at the American Society of Cataract and Refractive Surgery Annual Symposium, Dextenza met its primary endpoints of the absence of anterior chamber (AC) cells, which is a sign of inflammation, on day 14 and the absence of pain on day 8. | More than 52% of patients that got Dextenza after cataract surgery had no AC cells on day 14 compared to 31.1% patients that got placebo. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. In Ocular Therapeutix's presentation at the American Society of Cataract and Refractive Surgery Annual Symposium, Dextenza met its primary endpoints of the absence of anterior chamber (AC) cells, which is a sign of inflammation, on day 14 and the absence of pain on day 8. | In Ocular Therapeutix's presentation at the American Society of Cataract and Refractive Surgery Annual Symposium, Dextenza met its primary endpoints of the absence of anterior chamber (AC) cells, which is a sign of inflammation, on day 14 and the absence of pain on day 8. More than 52% of patients that got Dextenza after cataract surgery had no AC cells on day 14 compared to 31.1% patients that got placebo. The pain reading was also superior, with 79% of patients who took Dextenza reporting no pain on day 8 compared to 61.3% of patients that took placebo. | Some of today's increase in share price could also be because investors have decided that the issues at the company's manufacturing plant identified by the FDA can be resolved relatively quickly, so Friday's decline wasn't completely justified. In Ocular Therapeutix's presentation at the American Society of Cataract and Refractive Surgery Annual Symposium, Dextenza met its primary endpoints of the absence of anterior chamber (AC) cells, which is a sign of inflammation, on day 14 and the absence of pain on day 8. More than 52% of patients that got Dextenza after cataract surgery had no AC cells on day 14 compared to 31.1% patients that got placebo. |
35225.0 | 2017-01-06 00:00:00 UTC | Associated Capital Group, Inc. (AC) Ex-Dividend Date Scheduled for January 09, 2017 | AC | https://www.nasdaq.com/articles/associated-capital-group-inc-ac-ex-dividend-date-scheduled-january-09-2017-2017-01-06 | nan | nan | Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on January 09, 2017. A cash dividend payment of $0.1 per share is scheduled to be paid on January 25, 2017. Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment.
The previous trading day's last sale of AC was $34, representing a -5.45% decrease from the 52 week high of $35.96 and a 37.82% increase over the 52 week low of $24.67.
AC is a part of the Finance sector, which includes companies such as Intercontinental Exchange Inc. ( ICE ) and Goldman Sachs Group, Inc. ( GS ). AC's current earnings per share, an indicator of a company's profitability, is $.43.
For more information on the declaration, record and payment dates, visit the AC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AC through an Exchange Traded Fund [ETF]?
The following ETF | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. AC is a part of the Finance sector, which includes companies such as Intercontinental Exchange Inc. ( ICE ) and Goldman Sachs Group, Inc. ( GS ). For more information on the declaration, record and payment dates, visit the AC Dividend History page. | Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on January 09, 2017. Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of AC was $34, representing a -5.45% decrease from the 52 week high of $35.96 and a 37.82% increase over the 52 week low of $24.67. | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the AC Dividend History page. Interested in gaining exposure to AC through an Exchange Traded Fund [ETF]? | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of AC was $34, representing a -5.45% decrease from the 52 week high of $35.96 and a 37.82% increase over the 52 week low of $24.67. Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on January 09, 2017. |
35226.0 | 2016-12-22 00:00:00 UTC | Pre-Market Most Active for Dec 22, 2016 : SMFG, MU, AZN, AC, RAD, AUPH, MTU, PKX, QQQ, TVIX, FRED, AAPL | AC | https://www.nasdaq.com/articles/pre-market-most-active-dec-22-2016-smfg-mu-azn-ac-rad-auph-mtu-pkx-qqq-tvix-fred-aapl-2016 | nan | nan | The NASDAQ 100 Pre-Market Indicator is up 3.83 to 4,952.73. The total Pre-Market volume is currently 9,428,019 shares traded.
The following are the most active stocks for the pre-market session :
Sumitomo Mitsui Financial Group Inc ( SMFG ) is -0.1496 at $7.72, with 1,626,841 shares traded. As reported by Zacks, the current mean recommendation for SMFG is in the "strong buy range".
Micron Technology, Inc. ( MU ) is +2.46 at $23.04, with 1,395,949 shares traded. As reported by Zacks, the current mean recommendation for MU is in the "buy range".
Astrazeneca PLC ( AZN ) is +0.11 at $27.17, with 1,104,355 shares traded. As reported by Zacks, the current mean recommendation for AZN is in the "buy range".
Associated Capital Group, Inc. ( AC ) is -2.5 at $31.05, with 872,072 shares traded.
Rite Aid Corporation ( RAD ) is unchanged at $8.47, with 841,544 shares traded. Market Realist Reports: How Will the US Drugstore Industry Look after the Fred's-Rite Aid Deal?
Aurinia Pharmaceuticals Inc ( AUPH ) is -0.59 at $2.13, with 745,422 shares traded. As reported by Zacks, the current mean recommendation for AUPH is in the "buy range".
Mitsubishi UFJ Financial Group Inc ( MTU ) is -0.0542 at $6.27, with 695,650 shares traded. As reported by Zacks, the current mean recommendation for MTU is in the "buy range".
POSCO ( PKX ) is -0.766 at $55.19, with 576,096 shares traded. As reported by Zacks, the current mean recommendation for PKX is in the "strong buy range".
PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.03 at $120.49, with 146,058 shares traded. This represents a 27.05% increase from its 52 Week Low.
VelocityShares Daily 2x VIX Short Term ETN ( TVIX ) is +0.01 at $8.38, with 130,787 shares traded., following a 52-week high recorded in prior regular session.
Fred's, Inc. ( FRED ) is -1.26 at $19.09, with 103,119 shares traded. As reported in the last short interest update the days to cover for FRED is 12.414627; this calculation is based on the average trading volume of the stock.
Apple Inc. ( AAPL ) is -0.21 at $116.85, with 50,109 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range".
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | The following are the most active stocks for the pre-market session : Sumitomo Mitsui Financial Group Inc ( SMFG ) is -0.1496 at $7.72, with 1,626,841 shares traded. As reported by Zacks, the current mean recommendation for SMFG is in the "strong buy range". As reported by Zacks, the current mean recommendation for MU is in the "buy range". | As reported by Zacks, the current mean recommendation for SMFG is in the "strong buy range". As reported by Zacks, the current mean recommendation for PKX is in the "strong buy range". The following are the most active stocks for the pre-market session : Sumitomo Mitsui Financial Group Inc ( SMFG ) is -0.1496 at $7.72, with 1,626,841 shares traded. | The following are the most active stocks for the pre-market session : Sumitomo Mitsui Financial Group Inc ( SMFG ) is -0.1496 at $7.72, with 1,626,841 shares traded. As reported by Zacks, the current mean recommendation for PKX is in the "strong buy range". As reported by Zacks, the current mean recommendation for SMFG is in the "strong buy range". | As reported by Zacks, the current mean recommendation for MU is in the "buy range". As reported by Zacks, the current mean recommendation for AZN is in the "buy range". As reported by Zacks, the current mean recommendation for AUPH is in the "buy range". |
35227.0 | 2016-11-16 00:00:00 UTC | How Batteries Will Become Standard in Residential Solar Systems | AC | https://www.nasdaq.com/articles/how-batteries-will-become-standard-residential-solar-systems-2016-11-16 | nan | nan | In any solar installation, there are two main components. There's the solar panels that turn the sun's energy into electricity (DC) and the inverter that turns that direct current into alternating current (AC) that can be used in the home or sent back to the grid. There may now be another component to consider, and it could upset the industry in a big way.
Image source: Sonnen.
Where does the battery fit in solar energy?
When batteries were first introduced into the residential solar market, they were a separate product with each installation. SolarCity Corp (NASDAQ: SCTY) , for example, would install a Tesla Motors Inc (NASDAQ: TSLA) Powerwall battery and an inverter to connect to the solar system. That setup is changing as inverters and storage begin to become one.
Tesla's Powerwall 2 is the most public step toward solar storage inverters, but it's not the only one. Leading inverter company SMA has combined forces with battery leader LG Chem to create a complete inverter battery system that'll launch soon in Europe and Australia. Sonnen also has an inverter battery solution, leveraging its market-leading position in Germany. Enphase Energy (NASDAQ: ENPH) has what it calls an AC battery that aims to make battery installations seamless.
We're still in the very early phases of energy storage in the home, but it's clear that batteries will start to creep their way into more and more installations. And that'll open up a new world of innovations.
Tesla's Powerwall. Image source: Tesla.
How do customers pay for the battery?
It's easy to see how a battery/inverter combination would make sense and how it will become a standard component. Electricity generated during the day can be used at night when people are home and batteries can even be used to help balance demand on the grid.
The concept of how batteries being included in residential solar systems sounds intriguing, but it's not clear how the added cost of the battery will make sense financially. There's no net metering concept for batteries and in most locations with net metering it doesn't make financial sense to store daytime energy for nighttime usage (known as energy arbitrage).
However, that could be changing. Hawaii and Nevada have put rules in place that make energy arbitrage more profitable and California utilities are moving toward time of use rates that makes more financial sense for smart energy devices like storage. We don't yet know what the dominant financing or business models will look like for energy storage, but we can start to see that the future will be bright for energy storage. And it helps that it'll be integrated into solar systems.
Energy storage solutions are coming
One of the key obstacles to energy storage adoption is that it's an expensive technology with little financial justification right now. As storage is integrated into solar systems, the cost challenge will begin to dissipate, and as utilities change how they bill customers, the financial piece is falling into place as well. There's a bright future for integrated energy storage solutions and the companies who can make them easy and profitable for consumers.
A secret billion-dollar stock opportunity
The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early-in-the-know investors! To be one of them, just click here .
Travis Hoium has no position in any stocks mentioned. The Motley Fool owns shares of and recommends SolarCity and Tesla Motors. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | As storage is integrated into solar systems, the cost challenge will begin to dissipate, and as utilities change how they bill customers, the financial piece is falling into place as well. There's the solar panels that turn the sun's energy into electricity (DC) and the inverter that turns that direct current into alternating current (AC) that can be used in the home or sent back to the grid. When batteries were first introduced into the residential solar market, they were a separate product with each installation. | There's the solar panels that turn the sun's energy into electricity (DC) and the inverter that turns that direct current into alternating current (AC) that can be used in the home or sent back to the grid. When batteries were first introduced into the residential solar market, they were a separate product with each installation. Enphase Energy (NASDAQ: ENPH) has what it calls an AC battery that aims to make battery installations seamless. | There's the solar panels that turn the sun's energy into electricity (DC) and the inverter that turns that direct current into alternating current (AC) that can be used in the home or sent back to the grid. When batteries were first introduced into the residential solar market, they were a separate product with each installation. Enphase Energy (NASDAQ: ENPH) has what it calls an AC battery that aims to make battery installations seamless. | As storage is integrated into solar systems, the cost challenge will begin to dissipate, and as utilities change how they bill customers, the financial piece is falling into place as well. There's the solar panels that turn the sun's energy into electricity (DC) and the inverter that turns that direct current into alternating current (AC) that can be used in the home or sent back to the grid. When batteries were first introduced into the residential solar market, they were a separate product with each installation. |
35228.0 | 2016-07-23 00:00:00 UTC | NASA Aims to Help Electric Planes Take Off -- a Nod to Tesla's Elon Musk's Vision | AC | https://www.nasdaq.com/articles/nasa-aims-help-electric-planes-take-nod-teslas-elon-musks-vision-2016-07-23 | nan | nan | NASA last month unveiled plans to develop X-57, dubbed "Maxwell," an entirely electric-powered aviation-sized plane capable of reaching speeds of 175 mph, and its first X-plane -- piloted experimental plane -- in 10 years.
The space agency's goal is to do for electric planes what Tesla Motors' (NASDAQ: TSLA) co-founder and CEO Elon Musk has done for electric vehicles: help them take off.
Here's what investors -- including those in Boeing (NYSE: BA) , Airbus (NASDAQOTH: EADSY) , and Siemens (NASDAQOTH: SIEGY) -- should know.
Artist's renderig of Maxwell, which will be exclusively powered by 14 electric motors. Image source: NASA.
NASA's "Maxwell" and beyond
Maxwell will be a single-seater, but up to five larger transport-scale X-planes also are planned as part of NASA's $790 million New Aviation Horizons initiative. This is a 10-year program that aims to demonstrate the benefits of using alternative power sources for aircraft, with the goal of speeding up adoption of such technology by the commercial sector.
Today's jetliners are deafening loud, fuel-guzzling, and air polluting. NASA aims to show how electric planes can lessen noise pollution, save fuel costs, and help green-up the air.
NASA will build Maxwell by modifying an Italian-designed Tecnam P2006T twin-engine light aircraft. The wing and two gas engines will be replaced with a long, thin wing embedded with 14 electric motors - 12 on the leading edge for take offs and landings, and one larger one on each wing tip for use while at cruise altitude. The agency hopes to show that distributing electric power in this way will result in a five-fold reduction in the energy required for such a plane to cruise at 175 mph.
Maxwell could be flying within four years, according to NASA.
Borrowing a page from Tesla's playbook and nodding to Elon Musk's vision
Musk named his EV company after Nikola Tesla, whose contributions led to the design of the modern alternating current (AC) electricity supply system. NASA likewise named its electric plane after another individual worthy of name recognition who has largely been forgotten by history -- James Clerk Maxwell, a 19th century Scottish physicist who did groundbreaking work in electromagnetism.
NASA's electric plane initiative nods to Musk's vision of using electrically powered vehicles to help clean up the world's air. Like Musk, NASA is putting huge resources into accomplishing this goal.
Commercial players exploring the electric skies
A Boeing-University of Cambridge experimental airplane powered by a hybrid-electric propulsion system -- the first ever to be able to recharge its batteries in flight -- completed flight tests in the U.K. in late 2014.
NASA's initiative should go a long way in accelerating the commercial adoption of electric planes, or "EPs." The U.S. government could possibly roll out alternative fuel incentives for plane manufacturers just as it has for automakers if the agency successfully demonstrates the benefits of using such fuels to power aircraft.
The leading aerospace companies have already taken off on their own explorations of using alternative fuels to power aircraft, though their major projects are within the hybrid-electric -- rather than pure electric -- realm. Examples:
Boeing has been exploring several hybrid-electric propulsion systems for aircraft, including using conventional jet engines for takeoff but switching to electric power during flight. Boeing has worked with NASA and General Electric, along with several research universities, in its efforts.
Airbus -- Boeing's chief rival -- and Siemens announced in April that they're collaborating exclusively in selected development areas related to aircraft hybrid-electric propulsion. The European duo said they'll put a team of 200 engineers on the project, with the goal of demonstrating the technical feasibility of hybrid-electric propulsion systems by 2020. Siemens plans to establish hybrid-electric propulsion systems for aircraft as a future business.
From take-off to takeaway...
The investor takeaway from NASA's electric plane initiative is straightforward: The commercial jetliner industry could be disrupted in a similar manner as the traditional auto industry is now being disrupted by EVs. And investment landscapes get rearranged when mammoth disruptions occur.
The future winner(s) in the serially produced commercial electric plane space could emerge from the crop of current major aerospace players, such as Boeing, Airbus, and General Electric. However, with billionaires such as Musk -- he's said several times that he has an idea for a vertical take-off electric plane -- and Alphabet CEO and co-founder Larry Page interested in the aircraft realm, we might see new entrants fly into the game.
Companies that generate a fair portion of their revenue from the traditional jetliner industry and don't nimbly retool to adapt to a changing marketplace could crash and burn -- or at least lose financial altitude.
A secret billion-dollar stock opportunity
The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here .
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Beth McKenna has no position in any stocks mentioned, though is staking a claim to possibly the first written use of the acronym "EP." The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), and Tesla Motors. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | The leading aerospace companies have already taken off on their own explorations of using alternative fuels to power aircraft, though their major projects are within the hybrid-electric -- rather than pure electric -- realm. Companies that generate a fair portion of their revenue from the traditional jetliner industry and don't nimbly retool to adapt to a changing marketplace could crash and burn -- or at least lose financial altitude. NASA last month unveiled plans to develop X-57, dubbed "Maxwell," an entirely electric-powered aviation-sized plane capable of reaching speeds of 175 mph, and its first X-plane -- piloted experimental plane -- in 10 years. | The space agency's goal is to do for electric planes what Tesla Motors' (NASDAQ: TSLA) co-founder and CEO Elon Musk has done for electric vehicles: help them take off. Borrowing a page from Tesla's playbook and nodding to Elon Musk's vision Musk named his EV company after Nikola Tesla, whose contributions led to the design of the modern alternating current (AC) electricity supply system. NASA last month unveiled plans to develop X-57, dubbed "Maxwell," an entirely electric-powered aviation-sized plane capable of reaching speeds of 175 mph, and its first X-plane -- piloted experimental plane -- in 10 years. | The space agency's goal is to do for electric planes what Tesla Motors' (NASDAQ: TSLA) co-founder and CEO Elon Musk has done for electric vehicles: help them take off. NASA last month unveiled plans to develop X-57, dubbed "Maxwell," an entirely electric-powered aviation-sized plane capable of reaching speeds of 175 mph, and its first X-plane -- piloted experimental plane -- in 10 years. The wing and two gas engines will be replaced with a long, thin wing embedded with 14 electric motors - 12 on the leading edge for take offs and landings, and one larger one on each wing tip for use while at cruise altitude. | The space agency's goal is to do for electric planes what Tesla Motors' (NASDAQ: TSLA) co-founder and CEO Elon Musk has done for electric vehicles: help them take off. NASA's initiative should go a long way in accelerating the commercial adoption of electric planes, or "EPs." NASA last month unveiled plans to develop X-57, dubbed "Maxwell," an entirely electric-powered aviation-sized plane capable of reaching speeds of 175 mph, and its first X-plane -- piloted experimental plane -- in 10 years. |
35229.0 | 2016-06-12 00:00:00 UTC | ForexLive Asia FX news wrap: Yen up, GBP & Nikkei down | AC | https://www.nasdaq.com/articles/forexlive-asia-fx-news-wrap-yen-gbp-nikkei-down-2016-06-12 | nan | nan | Forex news for Asia trading Monday 13 June 2016
Monday:
Commerzbank on China data today - may prompt PBOC to cut rates & RRR
China stats head Sheng - Prepared for Fed rate hikes
Japan chief cabinet secretary Suga: Aware of 'very volatile' moves
China - May Industrial Production 6.0% y/y (expected 6.0%)
PBOC sets USD/CNY central rate at 6.5805 (there was no Friday set - China holiday)
Japan Q2 MOF Business Survey
Want a job trading oil in China? You'll need "ability to withstand drinking bouts"
Trade ideas thread - Monday 13 June 2016
Guess who's voting for Brexit? (Spoiler alert ........ its AEP!)
Economic data due from Asia today - China focus
Monday opening FX rates - foreign exchange prices, early indications
Weekend:
The Soros way
ECB ready to "act if necessary" in case of Brexit
China FDI May yy -1.0% vs +5.0% expected
Webinar Rebroadcast: How to increase trust and profitability in your Forex trading
Roll up, roll up! It's time to ACT once again
Betfair reduce EU referendum Remain probability to 70%
Chinese data to look out for this weekend
Some big moves to begin the week in Asia today, with the headline giving a summary of the most notable. 'Risk' was on the back foot, with local equities lower. The Friday Brexit poll showing the 'get me outta here' side gaining momentum saw GBP slide, and this continued in Asia, weighing on markets.
GBP/USD plumbed a fresh low from Friday, while GBP crosses slipped as well, notably GBP/JPY which was hit hard as the yen found strength (GBP/JPY to new lows since April of 2013).
There are some notable USD/JPY barrier options in play now, with around $1.5bn at 106.00 and a $2.2bn biggie at 105.50 according to Asian sources. Something to take note of.
Data today was, most notably, China May industrial production, retail sales and fixed asset investment. None of these were far from expectations but they nevertheless were perceived as showing the Chinese economy continuing to the weak side. Industrial production was +6% y/y and retail sales +10% y/y ... but still the market wants MOAR!
It was an Australian holiday, which subdued AUD trade today.
As a side note, the holiday in Australia was the 'Queen's Birthday', a holiday which sees Australian government honours being handed to high-achieving citizens. RBA Governor Glenn Stevens was honoured, appointed a Companion of the Order of Australia ( AC ) for his contribution to finance and central banking, as well as his community work. Thoroughly deserved, well done to him for many, many years of service! He started at the RBA in 1980 and was made governor of the bank in 2006, just prior to the GFC hitting the fan. A tough gig, handled very well indeed.
Regional equities:
Nikkei -2.85%
Shanghai -0.78%
HK -2.5%
ASX was on holiday down the beach, back tomorrow
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Economic data due from Asia today - China focus Monday opening FX rates - foreign exchange prices, early indications Weekend: The Soros way ECB ready to "act if necessary" in case of Brexit China FDI May yy -1.0% vs +5.0% expected Webinar Rebroadcast: How to increase trust and profitability in your Forex trading Roll up, roll up! It's time to ACT once again Betfair reduce EU referendum Remain probability to 70% Chinese data to look out for this weekend Some big moves to begin the week in Asia today, with the headline giving a summary of the most notable. RBA Governor Glenn Stevens was honoured, appointed a Companion of the Order of Australia ( AC ) for his contribution to finance and central banking, as well as his community work. | ASX was on holiday down the beach, back tomorrow The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Economic data due from Asia today - China focus Monday opening FX rates - foreign exchange prices, early indications Weekend: The Soros way ECB ready to "act if necessary" in case of Brexit China FDI May yy -1.0% vs +5.0% expected Webinar Rebroadcast: How to increase trust and profitability in your Forex trading Roll up, roll up! It's time to ACT once again Betfair reduce EU referendum Remain probability to 70% Chinese data to look out for this weekend Some big moves to begin the week in Asia today, with the headline giving a summary of the most notable. | Economic data due from Asia today - China focus Monday opening FX rates - foreign exchange prices, early indications Weekend: The Soros way ECB ready to "act if necessary" in case of Brexit China FDI May yy -1.0% vs +5.0% expected Webinar Rebroadcast: How to increase trust and profitability in your Forex trading Roll up, roll up! ASX was on holiday down the beach, back tomorrow The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. It's time to ACT once again Betfair reduce EU referendum Remain probability to 70% Chinese data to look out for this weekend Some big moves to begin the week in Asia today, with the headline giving a summary of the most notable. | Economic data due from Asia today - China focus Monday opening FX rates - foreign exchange prices, early indications Weekend: The Soros way ECB ready to "act if necessary" in case of Brexit China FDI May yy -1.0% vs +5.0% expected Webinar Rebroadcast: How to increase trust and profitability in your Forex trading Roll up, roll up! As a side note, the holiday in Australia was the 'Queen's Birthday', a holiday which sees Australian government honours being handed to high-achieving citizens. It's time to ACT once again Betfair reduce EU referendum Remain probability to 70% Chinese data to look out for this weekend Some big moves to begin the week in Asia today, with the headline giving a summary of the most notable. |
35230.0 | 2016-06-09 00:00:00 UTC | Associated Capital Group, Inc. (AC) Ex-Dividend Date Scheduled for June 10, 2016 | AC | https://www.nasdaq.com/articles/associated-capital-group-inc-ac-ex-dividend-date-scheduled-june-10-2016-2016-06-09 | nan | nan | Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on June 10, 2016. A cash dividend payment of $0.1 per share is scheduled to be paid on June 28, 2016. Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $30.22, the dividend yield is .33%.
The previous trading day's last sale of AC was $30.22, representing a -17.23% decrease from the 52 week high of $36.51 and a 37.36% increase over the 52 week low of $22.
AC is a part of the Finance sector, which includes companies such as Goldman Sachs Group, Inc. ( GS ) and BlackRock, Inc. ( BLK ).
For more information on the declaration, record and payment dates, visit the AC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AC through an Exchange Traded Fund [ETF]?
The following ETF(s) have AC as a top-10 holding:
iShares MSCI Philippines ETF ( EPHE )
PowerShares DWA Emerging Market Momentum Portfolio ( PIE )
PowerShares S&P Emerging Markets Low Volatility Portfolio ( EELV ).
The top-performing ETF of this group is EPHE with an increase of 29.24% over the last 100 days. It also has the highest percent weighting of AC at 5.91%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. AC is a part of the Finance sector, which includes companies such as Goldman Sachs Group, Inc. ( GS ) and BlackRock, Inc. ( BLK ). For more information on the declaration, record and payment dates, visit the AC Dividend History page. | The following ETF(s) have AC as a top-10 holding: iShares MSCI Philippines ETF ( EPHE ) PowerShares DWA Emerging Market Momentum Portfolio ( PIE ) PowerShares S&P Emerging Markets Low Volatility Portfolio ( EELV ). The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on June 10, 2016. | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the AC Dividend History page. The following ETF(s) have AC as a top-10 holding: iShares MSCI Philippines ETF ( EPHE ) PowerShares DWA Emerging Market Momentum Portfolio ( PIE ) PowerShares S&P Emerging Markets Low Volatility Portfolio ( EELV ). | Shareholders who purchased AC prior to the ex-dividend date are eligible for the cash dividend payment. Associated Capital Group, Inc. ( AC ) will begin trading ex-dividend on June 10, 2016. The previous trading day's last sale of AC was $30.22, representing a -17.23% decrease from the 52 week high of $36.51 and a 37.36% increase over the 52 week low of $22. |
35231.0 | 2016-04-26 00:00:00 UTC | What Helmerich & Payne's Management Wants You to Keep in Mind As Earnings Approach | AC | https://www.nasdaq.com/articles/what-helmerich-paynes-management-wants-you-keep-mind-earnings-approach-2016-04-26 | nan | nan | Image source: Helmerich & Payne corporate website.
Life hasn't exactly been easy for Helmerich & Payne over the last couple of years. Even though the company remains one of the top land rig contractors in the business, there just isn't a whole lot of work to spread around the business since the active rig count is now at the lowest point ever since we started keeping track back in the early 1960s.
U.S. Rig Count data by YCharts .
Despite the tough operating market, Helmerich & Payne's management has some important messages before you make any drastic decisions about this stock. Here are a few quotes from its lastearnings conference callthat you should keep in mind as the company approaches its earnings release date of May 2nd.
Brutal market persists
Like for just about every other oil services company, the downturn in oil and gas drilling activity has taken a deep bite out of Helmerich & Payne's earnings. Since most of the company's revenue generating assets are U.S. land rigs, it has taken a larger hit than other oil services companies that have more geographic diversity. Oil prices haven't really started to recover to a point that producers are running out to drill new wells, and Helmerich & Payne CFO Juan Pablo Tardio foresees the market for rigs deteriorating even further:
Good equipment is in demand in any market
As the market for rigs dries up, one of the immediate conclusions an investor might make is that Helmerich & Payne will lose some of its pricing power. Surprisingly, though, this wasn't the case last quarter.
That's certainly promising, and over the years, the company has been able to garner a market premium for its rigs thanks to its fleet of high-specification rigs.
However, investors should be aware that management is preparing for this to not happen again as the market continues to weaken:
We're in the middle of a major technology turnover
As horizontal drilling and hydraulic fracturing become a larger and larger component of the energy mix, it's making several older rigs obsolete. As CEO John Lindsay explains, it's having a noticeable effect on the fleet of rigs in operation.
We're in a good position for that change
This transformation to alternative current (AC)-driven rigs clearly plays into the company's strengths, as it has substantially grown its AC rig fleet and essentially retired other rig technologies.
Another strategic advantage the company has is that, unlike many of its peers, it has not used debt to grow the business and now has a much cleaner balance sheet:
Considering these two components of the business, it's not too surprising that the company intends to use that position to its benefit over the next few quarters as we start to anticipate an eventual recovery of the industry.
We're still strong enough to keep our dividend in tact
Thanks to the company's prudent financial decisions and its strong competitive offering, Helmerich & Payne has been able to maintain a dividend streak going on 42 years now, making it one of the few dividend aristocrats in the energy industry. Still, the longer this downturn continues, concern is growing that the company won't be able to maintain its current dividend. At least for the time being, Tardio wants to alleviate those concerns:
The company only gives guidance on a quarterly basis, and if the upcoming quarters deteriorate even more, perhaps it will need to reconsider. Based on what management is saying today, though, investors can at least take solace in the fact that Helmerich & Payne is doing what it can to preserve its dividend streak.
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The article What Helmerich & Payne's Management Wants You to Keep in Mind As Earnings Approach originally appeared on Fool.com.
Tyler Crowe has no position in any stocks mentioned. You can follow him at Fool.comor on Twitter @TylerCroweFool.The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Here are a few quotes from its lastearnings conference callthat you should keep in mind as the company approaches its earnings release date of May 2nd. Based on what management is saying today, though, investors can at least take solace in the fact that Helmerich & Payne is doing what it can to preserve its dividend streak. Life hasn't exactly been easy for Helmerich & Payne over the last couple of years. | Brutal market persists Like for just about every other oil services company, the downturn in oil and gas drilling activity has taken a deep bite out of Helmerich & Payne's earnings. Life hasn't exactly been easy for Helmerich & Payne over the last couple of years. Even though the company remains one of the top land rig contractors in the business, there just isn't a whole lot of work to spread around the business since the active rig count is now at the lowest point ever since we started keeping track back in the early 1960s. | Even though the company remains one of the top land rig contractors in the business, there just isn't a whole lot of work to spread around the business since the active rig count is now at the lowest point ever since we started keeping track back in the early 1960s. We're in a good position for that change This transformation to alternative current (AC)-driven rigs clearly plays into the company's strengths, as it has substantially grown its AC rig fleet and essentially retired other rig technologies. Life hasn't exactly been easy for Helmerich & Payne over the last couple of years. | We're still strong enough to keep our dividend in tact Thanks to the company's prudent financial decisions and its strong competitive offering, Helmerich & Payne has been able to maintain a dividend streak going on 42 years now, making it one of the few dividend aristocrats in the energy industry. Life hasn't exactly been easy for Helmerich & Payne over the last couple of years. Even though the company remains one of the top land rig contractors in the business, there just isn't a whole lot of work to spread around the business since the active rig count is now at the lowest point ever since we started keeping track back in the early 1960s. |
35232.0 | 2023-12-05 00:00:00 UTC | Validea's Top Industrial Stocks Based On Peter Lynch - 12/5/2023 | ACA | https://www.nasdaq.com/articles/valideas-top-industrial-stocks-based-on-peter-lynch-12-5-2023 | nan | nan | The following are the top rated Industrial stocks according to Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.
ABM INDUSTRIES INC (ABM) is a mid-cap value stock in the Business Services industry. The rating according to our strategy based on Peter Lynch is 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: ABM Industries Incorporated is a provider of integrated facility, infrastructure, and mobility solutions. Its segments include Business & Industry (B&I), Manufacturing & Distribution (M&D), Education, Aviation, and Technical Solutions. B&I segment includes janitorial, facilities engineering, and parking services for commercial real estate properties, sports and entertainment venues, and non-acute healthcare facilities. M&D segment provides facility services, engineering, janitorial, and other specialized services in manufacturing and distribution. Education segment delivers custodial, landscaping and grounds, facilities engineering, and parking services for public school districts, private schools, colleges, and universities. Aviation segment supports airlines and airports with services ranging from parking and janitorial to passenger assistance, catering logistics, air cabin maintenance and transportation. Technical Solutions segment includes mechanical and electrical services.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of ABM INDUSTRIES INC
ABM Guru Analysis
ABM Fundamental Analysis
FEDEX CORP (FDX) is a large-cap growth stock in the Air Courier industry. The rating according to our strategy based on Peter Lynch is 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively and operating independently, under the FedEx brand. The Company's segments include FedEx Express, FedEx Ground, FedEx Freight and FedEx Services. The FedEx Express segment offers a range of United States domestic and international shipping services for delivery of packages and freight. The FedEx Ground segment provides small-package ground delivery services, which includes day-certain service to any business address in the United States and Canada, as well as residential delivery services through its FedEx Home Delivery service. The FedEx Freight segment offers less-than-truckload (LTL) freight services. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions that support the Company's operating segments.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of FEDEX CORP
FDX Guru Analysis
FDX Fundamental Analysis
PREFORMED LINE PRODUCTS COMPANY (PLPC) is a small-cap value stock in the Misc. Fabricated Products industry. The rating according to our strategy based on Peter Lynch is 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Preformed Line Products Company is a designer and manufacturer of products and systems employed in the construction and maintenance of overhead, ground-mounted and underground networks for energy, telecommunication, cable, data communication and other similar industries. It provides formed wire solutions, connectors, fiber optic and copper splice closures, solar hardware mounting applications, and electric vehicle charging station foundations. Its products include energy products, communications products, and special industry products. The energy products are used for supporting, protecting, terminating and splicing transmission and distribution lines as well as bolted, welded, and compressed connectors for substations. The communications products include rugged outside plant (OSP) closures to protect and support wireline and wireless networks. The special industry products include hardware assemblies, pole line hardware, plastic products, and interior/exterior connectors.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of PREFORMED LINE PRODUCTS COMPANY
PLPC Guru Analysis
PLPC Fundamental Analysis
KORN FERRY (KFY) is a mid-cap growth stock in the Business Services industry. The rating according to our strategy based on Peter Lynch is 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Korn Ferry is an organizational consulting company. The Company operates through eight segments: Consulting, Digital, Executive Search North America, Executive Search EMEA, Executive Search Asia Pacific, Executive Search Latin America, Professional Search & Interim and RPO. Its segments operate through five lines of business: Consulting, Digital, Executive Search, Professional Search & Interim and recruitment process outsourcing (RPO). Consulting aligns organization structure, performance and people to drive growth by addressing organizational strategy, assessment, succession, and leadership. Digital uses an artificial intelligence-based machine-learning platform to identify structure, roles, capabilities and behaviors needed. Executive Search helps organizations recruit board level, chief executive and other senior executive and general management talent. Professional Search & Interim delivers enterprise talent acquisition solutions for professional level middle and upper management.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of KORN FERRY
KFY Guru Analysis
KFY Fundamental Analysis
ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. The rating according to our strategy based on Peter Lynch is 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Arcosa, Inc. is a provider of infrastructure-related products and solutions with brands serving construction, engineered structure, and transportation markets in North America. The Company's segments are Construction Products, Engineered Structures and Transportation Products. Its Construction Products segment produces and sells natural and recycled aggregates, specialty materials, and construction site support equipment, including trench shields and shoring products. Its Engineered Structures segment manufactures and sells steel structures for infrastructure businesses, including utility structures for electricity transmission and distribution, structural wind towers, traffic structures, and telecommunication structures. This segment also manufactures distribution tanks. The Transportation Products segment manufactures and sells inland barges, fiberglass barge covers, winches, marine hardware, and steel components for railcars and other transportation and industrial equipment.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of ARCOSA INC
ACA Guru Analysis
ACA Fundamental Analysis
Peter Lynch Portfolio
Top Peter Lynch Stocks
About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Detailed Analysis of KORN FERRY KFY Guru Analysis KFY Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis Peter Lynch Portfolio Top Peter Lynch Stocks About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Aviation segment supports airlines and airports with services ranging from parking and janitorial to passenger assistance, catering logistics, air cabin maintenance and transportation. | Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis Peter Lynch Portfolio Top Peter Lynch Stocks About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Detailed Analysis of KORN FERRY KFY Guru Analysis KFY Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of PREFORMED LINE PRODUCTS COMPANY PLPC Guru Analysis PLPC Fundamental Analysis KORN FERRY (KFY) is a mid-cap growth stock in the Business Services industry. | Detailed Analysis of KORN FERRY KFY Guru Analysis KFY Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis Peter Lynch Portfolio Top Peter Lynch Stocks About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. The FedEx Ground segment provides small-package ground delivery services, which includes day-certain service to any business address in the United States and Canada, as well as residential delivery services through its FedEx Home Delivery service. | Detailed Analysis of KORN FERRY KFY Guru Analysis KFY Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis Peter Lynch Portfolio Top Peter Lynch Stocks About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. M&D segment provides facility services, engineering, janitorial, and other specialized services in manufacturing and distribution. |
35233.0 | 2023-11-07 00:00:00 UTC | Validea's Top Industrial Stocks Based On Peter Lynch - 11/7/2023 | ACA | https://www.nasdaq.com/articles/valideas-top-industrial-stocks-based-on-peter-lynch-11-7-2023 | nan | nan | The following are the top rated Industrial stocks according to Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.
FEDEX CORP (FDX) is a large-cap value stock in the Air Courier industry. The rating according to our strategy based on Peter Lynch is 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively and operating independently, under the FedEx brand. The Company's segments include FedEx Express, FedEx Ground, FedEx Freight and FedEx Services. The FedEx Express segment offers a range of United States domestic and international shipping services for delivery of packages and freight. The FedEx Ground segment provides small-package ground delivery services, which includes day-certain service to any business address in the United States and Canada, as well as residential delivery services through its FedEx Home Delivery service. The FedEx Freight segment offers less-than-truckload (LTL) freight services. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions that support the Company's operating segments.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of FEDEX CORP
FDX Guru Analysis
FDX Fundamental Analysis
ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. The rating according to our strategy based on Peter Lynch is 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Arcosa, Inc. is a provider of infrastructure-related products and solutions with brands serving construction, engineered structure, and transportation markets in North America. The Company's segments are Construction Products, Engineered Structures and Transportation Products. Its Construction Products segment produces and sells natural and recycled aggregates, specialty materials, and construction site support equipment, including trench shields and shoring products. Its Engineered Structures segment manufactures and sells steel structures for infrastructure businesses, including utility structures for electricity transmission and distribution, structural wind towers, traffic structures, and telecommunication structures. This segment also manufactures distribution tanks. The Transportation Products segment manufactures and sells inland barges, fiberglass barge covers, winches, marine hardware, and steel components for railcars and other transportation and industrial equipment.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of ARCOSA INC
ACA Guru Analysis
ACA Fundamental Analysis
KADANT INC. (KAI) is a mid-cap growth stock in the Misc. Capital Goods industry. The rating according to our strategy based on Peter Lynch is 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Kadant Inc. is a global supplier of technologies and engineered systems. The Company operates through three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment includes custom-engineered products, systems, and technologies that control the flow of fluids used in industrial and commercial applications. Its primary products include rotary sealing devices, steam systems, expansion joints, doctor systems, roll and fabric cleaning devices, and filtration and fiber recovery systems. The Industrial Processing segment includes equipment, machinery, and technologies used to recycle paper and paperboard and process timber for use in the packaging, tissue, wood products and alternative fuel industries, among others. The Material Handling segment includes products and engineered systems used to handle bulk and discrete materials for secondary processing or transport in the aggregates, mining, food, and waste management industries, among others.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of KADANT INC.
KAI Guru Analysis
KAI Fundamental Analysis
VALMONT INDUSTRIES, INC. (VMI) is a mid-cap growth stock in the Constr. - Supplies & Fixtures industry. The rating according to our strategy based on Peter Lynch is 87% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Valmont Industries, Inc. is a manufacturer of products and services for infrastructure and agricultural markets. The Company operates in two segments: Infrastructure and Agriculture. The Infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, renewable energy, lighting, transportation, and telecommunications, and coatings services to preserve metal products. Its Infrastructure segment is comprised of five primary product lines: Transmission, Distribution, and Substation; Lighting and Transportation; Coatings; Telecommunications, and Renewable Energy. The Agriculture segment consists of the manufacture of center pivot components and linear irrigation equipment for agricultural markets, including parts and tubular products, and advanced technology solutions for precision agriculture. It also develops technology for precision application, including predictive, autonomous crop and irrigation management.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of VALMONT INDUSTRIES, INC.
VMI Guru Analysis
VMI Fundamental Analysis
MASONITE INTERNATIONAL CORP (DOOR) is a small-cap value stock in the Constr. - Supplies & Fixtures industry. The rating according to our strategy based on Peter Lynch is 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Masonite International Corporation is a global designer, manufacturer, marketer and distributor of interior and exterior doors. It provides interior and exterior doors for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets. The Company operates approximately 59 manufacturing and distribution facilities in seven countries in North America, Europe, South America and Asia. The Company operates through three segments: North American Residential, Europe and Architectural. The North American Residential segment is focused on providing interior doors from wood and recycled wood fibers and energy-efficient, durable exterior doors in a wide array of designs, materials, and sizes. The Europe segment is a provider of interior doors from recycled wood fibers and energy-efficient, durable exterior doors to the United Kingdom market.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of MASONITE INTERNATIONAL CORP
DOOR Guru Analysis
DOOR Fundamental Analysis
Peter Lynch Portfolio
Top Peter Lynch Stocks
About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Detailed Analysis of FEDEX CORP FDX Guru Analysis FDX Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis KADANT INC. (KAI) is a mid-cap growth stock in the Misc. Company Description: Arcosa, Inc. is a provider of infrastructure-related products and solutions with brands serving construction, engineered structure, and transportation markets in North America. | Detailed Analysis of FEDEX CORP FDX Guru Analysis FDX Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis KADANT INC. (KAI) is a mid-cap growth stock in the Misc. Detailed Analysis of KADANT INC. KAI Guru Analysis KAI Fundamental Analysis VALMONT INDUSTRIES, INC. (VMI) is a mid-cap growth stock in the Constr. | Detailed Analysis of FEDEX CORP FDX Guru Analysis FDX Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis KADANT INC. (KAI) is a mid-cap growth stock in the Misc. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions that support the Company's operating segments. | Detailed Analysis of FEDEX CORP FDX Guru Analysis FDX Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis KADANT INC. (KAI) is a mid-cap growth stock in the Misc. Company Description: FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively and operating independently, under the FedEx brand. |
35234.0 | 2023-10-26 00:00:00 UTC | Arcosa (ACA) Upgraded to Strong Buy: What Does It Mean for the Stock? | ACA | https://www.nasdaq.com/articles/arcosa-aca-upgraded-to-strong-buy%3A-what-does-it-mean-for-the-stock | nan | nan | Arcosa (ACA) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.
The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.
As such, the Zacks rating upgrade for Arcosa is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock Prices
The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Arcosa imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate Revisions
Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>.
Earnings Estimate Revisions for Arcosa
This provider of infrastructure-related products and services is expected to earn $2.91 per share for the fiscal year ending December 2023, which represents a year-over-year change of 32.9%.
Analysts have been steadily raising their estimates for Arcosa. Over the past three months, the Zacks Consensus Estimate for the company has increased 5.1%.
Bottom Line
Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Arcosa to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
Infrastructure Stock Boom to Sweep America
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Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arcosa (ACA) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. | Arcosa (ACA) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. | Arcosa (ACA) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Most Powerful Force Impacting Stock Prices The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. | Arcosa (ACA) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. |
35235.0 | 2023-10-25 00:00:00 UTC | Aspen Aerogels (ASPN) Soars 26.4%: Is Further Upside Left in the Stock? | ACA | https://www.nasdaq.com/articles/aspen-aerogels-aspn-soars-26.4%3A-is-further-upside-left-in-the-stock | nan | nan | Aspen Aerogels (ASPN) shares ended the last trading session 26.4% higher at $8.43. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 2.6% loss over the past four weeks.
Shares of ASPN have quite likely gained after it released its updated 2023 financial outlook and commercial updates. The company highlighted the PyroThin EV Thermal Barrier awards and its continuous focus on strong OEM partnerships along with lower-than-expected net loss range. These factors are most likely to have induced bullish sentiments among investors.
This maker of insulation products is expected to post quarterly loss of $0.29 per share in its upcoming report, which represents a year-over-year change of +61.3%. Revenues are expected to be $50.84 million, up 38.5% from the year-ago quarter.
Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.
For Aspen Aerogels, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on ASPN going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Aspen Aerogels is a member of the Zacks Building Products - Miscellaneous industry. One other stock in the same industry, Arcosa (ACA), finished the last trading session 0.6% lower at $68.23. ACA has returned -7.2% over the past month.
For Arcosa, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.66. This represents a change of -5.7% from what the company reported a year ago. Arcosa currently has a Zacks Rank of #2 (Buy).
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2023. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
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Aspen Aerogels, Inc. (ASPN) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | One other stock in the same industry, Arcosa (ACA), finished the last trading session 0.6% lower at $68.23. ACA has returned -7.2% over the past month. Click to get this free report Aspen Aerogels, Inc. (ASPN) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. | Click to get this free report Aspen Aerogels, Inc. (ASPN) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. One other stock in the same industry, Arcosa (ACA), finished the last trading session 0.6% lower at $68.23. ACA has returned -7.2% over the past month. | Click to get this free report Aspen Aerogels, Inc. (ASPN) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. One other stock in the same industry, Arcosa (ACA), finished the last trading session 0.6% lower at $68.23. ACA has returned -7.2% over the past month. | One other stock in the same industry, Arcosa (ACA), finished the last trading session 0.6% lower at $68.23. ACA has returned -7.2% over the past month. Click to get this free report Aspen Aerogels, Inc. (ASPN) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. |
35236.0 | 2023-10-20 00:00:00 UTC | Are Investors Undervaluing Arcosa (ACA) Right Now? | ACA | https://www.nasdaq.com/articles/are-investors-undervaluing-arcosa-aca-right-now-0 | nan | nan | The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One stock to keep an eye on is Arcosa (ACA). ACA is currently sporting a Zacks Rank of #2 (Buy) and an A for Value.
Another valuation metric that we should highlight is ACA's P/B ratio of 1.48. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive aga | One stock to keep an eye on is Arcosa (ACA). ACA is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. Another valuation metric that we should highlight is ACA's P/B ratio of 1.48. | One stock to keep an eye on is Arcosa (ACA). ACA is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. Another valuation metric that we should highlight is ACA's P/B ratio of 1.48. | One stock to keep an eye on is Arcosa (ACA). ACA is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. Another valuation metric that we should highlight is ACA's P/B ratio of 1.48. | ACA is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. Another valuation metric that we should highlight is ACA's P/B ratio of 1.48. One stock to keep an eye on is Arcosa (ACA). |
35237.0 | 2023-10-18 00:00:00 UTC | 3 Best Stocks to Buy Now, 10/18/2023, According to Top Analysts | ACA | https://www.nasdaq.com/articles/3-best-stocks-to-buy-now-10-18-2023-according-to-top-analysts | nan | nan | Which stocks are best to buy now? According to Top Wall Street Analysts, the three stocks listed below are Strong Buys. Each stock received a new Buy rating recently and has a significant upside as well.
To find more stocks like these, take a look at TipRanks’ Analyst Top Stocks tool. It shows you a real-time list of all stocks that have been recently rated by Top-ranking Analysts.
Here are today’s top stock picks, according to analysts. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio.
Block (NYSE:SQ) – Block operates as a financial services and digital payments company.Yesterday, Truist Financial analyst Andrew Jeffrey maintained a Buy rating on the stock with a price target of $70. SQ stock has received Buy recommendations from 13 out of the 16 Top Analysts who have recently rated it. Overall, the consensus 12-month price target suggests an increase of about 72%.
indie Semiconductor (NASDAQ:INDI) – This company provides automotive semiconductors and software solutions. Yesterday, Craig-Hallum analyst Anthony Stoss assigned a Buy rating to the stock. Interestingly, all four Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 149%.
Arcosa (NYSE:ACA) – Arcosa is a provider of infrastructure-related products and solutions, serving the construction, energy, and transportation markets. Yesterday, Sidoti analyst Julio Romero upgraded the stock’s rating to Buy with a price target of $90. In the last three months, four out of the five Top Analysts rated the stock a Buy. Collectively, their 12-month price targets imply an upside of nearly 23%.
Who are the Top Analysts?
TipRanks ranks financial analysts according to the success rates of their ratings and the average return on each of their ratings. See real-time analyst rankings and learn more about the performance of Top Analysts on TipRanks’ Top Wall Street Analysts page.
Disclosure
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arcosa (NYSE:ACA) – Arcosa is a provider of infrastructure-related products and solutions, serving the construction, energy, and transportation markets. SQ stock has received Buy recommendations from 13 out of the 16 Top Analysts who have recently rated it. Yesterday, Craig-Hallum analyst Anthony Stoss assigned a Buy rating to the stock. | Arcosa (NYSE:ACA) – Arcosa is a provider of infrastructure-related products and solutions, serving the construction, energy, and transportation markets. According to Top Wall Street Analysts, the three stocks listed below are Strong Buys. To find more stocks like these, take a look at TipRanks’ Analyst Top Stocks tool. | Arcosa (NYSE:ACA) – Arcosa is a provider of infrastructure-related products and solutions, serving the construction, energy, and transportation markets. Block (NYSE:SQ) – Block operates as a financial services and digital payments company.Yesterday, Truist Financial analyst Andrew Jeffrey maintained a Buy rating on the stock with a price target of $70. Yesterday, Sidoti analyst Julio Romero upgraded the stock’s rating to Buy with a price target of $90. | Arcosa (NYSE:ACA) – Arcosa is a provider of infrastructure-related products and solutions, serving the construction, energy, and transportation markets. Which stocks are best to buy now? In the last three months, four out of the five Top Analysts rated the stock a Buy. |
35238.0 | 2023-10-18 00:00:00 UTC | Sidoti & Co. Upgrades Arcosa (ACA) | ACA | https://www.nasdaq.com/articles/sidoti-co.-upgrades-arcosa-aca | nan | nan | Fintel reports that on October 17, 2023, Sidoti & Co. upgraded their outlook for Arcosa (NYSE:ACA) from Neutral to Buy .
Analyst Price Forecast Suggests 25.78% Upside
As of October 5, 2023, the average one-year price target for Arcosa is 89.76. The forecasts range from a low of 85.85 to a high of $94.50. The average price target represents an increase of 25.78% from its latest reported closing price of 71.36.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Arcosa is 2,168MM, a decrease of 3.14%. The projected annual non-GAAP EPS is 1.84.
Arcosa Declares $0.05 Dividend
On September 7, 2023 the company declared a regular quarterly dividend of $0.05 per share ($0.20 annualized). Shareholders of record as of October 13, 2023 will receive the payment on October 31, 2023. Previously, the company paid $0.05 per share.
At the current share price of $71.36 / share, the stock's dividend yield is 0.28%.
Looking back five years and taking a sample every week, the average dividend yield has been 0.43%, the lowest has been 0.26%, and the highest has been 0.84%. The standard deviation of yields is 0.13 (n=233).
The current dividend yield is 1.21 standard deviations below the historical average.
Additionally, the company's dividend payout ratio is 0.03. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company has not increased its dividend in the last three years.
What is the Fund Sentiment?
There are 634 funds or institutions reporting positions in Arcosa. This is an increase of 27 owner(s) or 4.45% in the last quarter. Average portfolio weight of all funds dedicated to ACA is 0.28%, an increase of 7.26%. Total shares owned by institutions decreased in the last three months by 0.35% to 55,419K shares.
The put/call ratio of ACA is 2.36, indicating a bearish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 3,397K shares representing 6.97% ownership of the company. In it's prior filing, the firm reported owning 3,522K shares, representing a decrease of 3.67%. The firm increased its portfolio allocation in ACA by 12.16% over the last quarter.
SMCWX - SMALLCAP WORLD FUND INC holds 3,197K shares representing 6.56% ownership of the company. No change in the last quarter.
Capital World Investors holds 1,900K shares representing 3.90% ownership of the company. No change in the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,515K shares representing 3.11% ownership of the company. In it's prior filing, the firm reported owning 1,498K shares, representing an increase of 1.15%. The firm increased its portfolio allocation in ACA by 12.06% over the last quarter.
Royce & Associates holds 1,424K shares representing 2.92% ownership of the company. In it's prior filing, the firm reported owning 1,473K shares, representing a decrease of 3.42%. The firm increased its portfolio allocation in ACA by 12.61% over the last quarter.
Arcosa Background Information
(This description is provided by the company.)
Arcosa, Inc., headquartered in Dallas, Texas, is a provider of infrastructure-related products and solutions with leading positions in construction, engineered structures, and transportation markets. Arcosa reports its financial results in three principal business segments: the Construction Products segment, the Engineered Structures segment, and the Transportation Products segment.
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This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Fintel reports that on October 17, 2023, Sidoti & Co. upgraded their outlook for Arcosa (NYSE:ACA) from Neutral to Buy . Average portfolio weight of all funds dedicated to ACA is 0.28%, an increase of 7.26%. The put/call ratio of ACA is 2.36, indicating a bearish outlook. | Fintel reports that on October 17, 2023, Sidoti & Co. upgraded their outlook for Arcosa (NYSE:ACA) from Neutral to Buy . Average portfolio weight of all funds dedicated to ACA is 0.28%, an increase of 7.26%. The put/call ratio of ACA is 2.36, indicating a bearish outlook. | Fintel reports that on October 17, 2023, Sidoti & Co. upgraded their outlook for Arcosa (NYSE:ACA) from Neutral to Buy . Average portfolio weight of all funds dedicated to ACA is 0.28%, an increase of 7.26%. The put/call ratio of ACA is 2.36, indicating a bearish outlook. | Fintel reports that on October 17, 2023, Sidoti & Co. upgraded their outlook for Arcosa (NYSE:ACA) from Neutral to Buy . Average portfolio weight of all funds dedicated to ACA is 0.28%, an increase of 7.26%. The put/call ratio of ACA is 2.36, indicating a bearish outlook. |
35239.0 | 2023-10-17 00:00:00 UTC | Can Infrastructural Push Sustain Growth for Arcosa (ACA)? | ACA | https://www.nasdaq.com/articles/can-infrastructural-push-sustain-growth-for-arcosa-aca | nan | nan | Arcosa, Inc. ACA has been benefiting from solid contributions from its Construction Products and Transportation Products segments. A boost in infrastructural and public construction spending, along with a renewable energy drive, should improve Arcosa’s growth.
Shares of this infrastructure-related products and solutions provider have gained 28% year to date (YTD), outperforming the Zacks Building Products - Miscellaneous industry’s 24.5% rise. Its earnings topped the Zacks Consensus Estimate in all the trailing four quarters, the average being 47.5%.
Earnings estimate for 2023 has moved up to $2.91 per share from $2.82 in the past 60 days. Despite the prevailing macroeconomic uncertainties and potential supply-related risks, the stock exhibits a favorable trajectory, underscoring its strong underlying fundamentals and heightening expectations for continued outperformance in the short run.
Image Source: Zacks Investment Research
Arcosa — a Zacks Rank #2 (Buy) stock — has a favorable VGM Score of A. Our research shows that stocks with a VGM Score of A or B, combined with a Zacks Rank #1 (Strong Buy) or 2, offer the best investment opportunities to investors.
Let’s delve deeper and find out the factors aiding the stock.
Solid Prospects: The Infrastructure Investment and Jobs Act, the Creating Helpful Incentives to Produce Semiconductors and Science Act, and the Inflation Reduction Act together represent a significant dedication to enhancing American competitiveness. These legislative acts encompass fresh investments across nearly every infrastructure sector, spanning transportation, energy, broadband, and water. The U.S. government's initiative to allocate funds for the revitalization of the nation's roads, bridges, and other infrastructure projects stands to provide Arcosa with a robust platform for future growth. Furthermore, the company has proficiently harnessed megatrends to spearhead the shift toward sustainable energy solutions and enable technological progress.
Upbeat View: Looking forward, management expects demand in the near term to remain robust. The company now expects total revenues between $2.25 billion and $2.30 billion for 2023, revised from $2.20 billion-$2.30 billion previously. The company’s revenues were $2.05 billion in 2022, excluding $189 million from the storage tanks business. Adjusted EBITDA is now expected to be between $355 and 370 million, up from earlier expectations of $345-370 million. In 2022, adjusted EBITDA was $278 million.
The Zacks Consensus Estimate for earnings per share (EPS) of $2.91 and $3.37 for 2023 and 2024 indicates 32.9% and 15.8% year-over-year growth, respectively.
Solid Backlog Level: At the end of second-quarter 2023, the combined backlog for utility, wind, and related structures was $1,507.4 million, an increase from $410.1 million at the end of the second quarter of 2022. Meanwhile, Barge backlog at the end of the quarter was $287.1 million, an increase from $131.8 million at the end of the second quarter of 2022. The company expects to deliver approximately 45% of its current backlog in 2023.
Other Key Picks
EMCOR Group, Inc. EME presently flaunts a Zacks Rank #1. It has a trailing four-quarter earnings surprise of 17.2%, on average. Shares of EME have risen 36.7% YTD. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for EME’s 2023 sales and EPS suggests growth of 11.3% and 35.4%, respectively, from the year-ago period’s levels.
Installed Building Products, Inc. IBP currently flaunts a Zacks Rank #1. It has a trailing four-quarter earnings surprise of 5.5%, on average. Shares of IBP have risen 37.9% YTD.
The Zacks Consensus Estimate for IBP’s 2023 sales and EPS suggests growth of 4.7% and 8.6%, respectively, from the year-ago period’s levels.
Fluor Corporation FLR currently sports a Zacks Rank of 1. FLR delivered a trailing four-quarter negative earnings surprise of 5.3%, on average. Shares of the company have gained 5.5% YTD.
The Zacks Consensus Estimate for FLR’s 2023 sales and EPS indicates growth of 12.6% and 159.8%, respectively, from the previous year’s reported levels.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Fluor Corporation (FLR) : Free Stock Analysis Report
EMCOR Group, Inc. (EME) : Free Stock Analysis Report
Installed Building Products, Inc. (IBP) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arcosa, Inc. ACA has been benefiting from solid contributions from its Construction Products and Transportation Products segments. Click to get this free report Fluor Corporation (FLR) : Free Stock Analysis Report EMCOR Group, Inc. (EME) : Free Stock Analysis Report Installed Building Products, Inc. (IBP) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Despite the prevailing macroeconomic uncertainties and potential supply-related risks, the stock exhibits a favorable trajectory, underscoring its strong underlying fundamentals and heightening expectations for continued outperformance in the short run. | Click to get this free report Fluor Corporation (FLR) : Free Stock Analysis Report EMCOR Group, Inc. (EME) : Free Stock Analysis Report Installed Building Products, Inc. (IBP) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Arcosa, Inc. ACA has been benefiting from solid contributions from its Construction Products and Transportation Products segments. Shares of this infrastructure-related products and solutions provider have gained 28% year to date (YTD), outperforming the Zacks Building Products - Miscellaneous industry’s 24.5% rise. | Click to get this free report Fluor Corporation (FLR) : Free Stock Analysis Report EMCOR Group, Inc. (EME) : Free Stock Analysis Report Installed Building Products, Inc. (IBP) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Arcosa, Inc. ACA has been benefiting from solid contributions from its Construction Products and Transportation Products segments. Image Source: Zacks Investment Research Arcosa — a Zacks Rank #2 (Buy) stock — has a favorable VGM Score of A. | Arcosa, Inc. ACA has been benefiting from solid contributions from its Construction Products and Transportation Products segments. Click to get this free report Fluor Corporation (FLR) : Free Stock Analysis Report EMCOR Group, Inc. (EME) : Free Stock Analysis Report Installed Building Products, Inc. (IBP) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Consensus Estimate for earnings per share (EPS) of $2.91 and $3.37 for 2023 and 2024 indicates 32.9% and 15.8% year-over-year growth, respectively. |
35240.0 | 2023-10-17 00:00:00 UTC | Zacks.com featured highlights Addus HomeCare, Amalgamated Financial, ALLETE, Arcose and Limbach | ACA | https://www.nasdaq.com/articles/zacks.com-featured-highlights-addus-homecare-amalgamated-financial-allete-arcose-and | nan | nan | For Immediate Release
Chicago, IL – October 17, 2023 – Stocks in this week’s article are Addus HomeCare ADUS, Amalgamated Financial AMAL, ALLETE Inc ALE, Arcose ACA and Limbach LMB.
4 Low-Leverage Stocks to Buy as Market Woes Compound
The majority of U.S. stock indices fell on Oct 13, reflecting investors’ concerns about the escalating Israel-Hamas conflict and the resultant oil price surge. The sharp fall witnessed in the October consumer sentiment index has compounded the stock market’s woes as households remain worried about inflation.
This might discourage one from investing in stocks right now. However, a prudent investor knows that this is the right time to buy stocks that are safe bets. To this end, we recommend stocks like Addus HomeCare, Amalgamated Financial, ALLETE Inc, Arcose and Limbach, which bear low leverage. Choosing them can shield investors from incurring huge losses in times of crisis.
Now, before selecting low-leverage stocks, let’s explore what leverage is and how choosing a low-leverage stock helps investors.
In finance, leverage is a term used to denote the practice of borrowing capital by companies to run their operations smoothly and expand the same. Such borrowings are done through debt financing. But there remains an option for equity finance. This is probably due to the cheap and easy availability of debt over equity financing.
However, debt financing has its share of drawbacks. Particularly, it is desirable only as long as it successfully generates a higher rate of return compared to the interest rate. So, to avoid considerable losses in your portfolio, one should always avoid companies that resort to exorbitant debt financing.
The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find.
The equity market can be volatile at times and, as an investor, if you don’t want to lose big time, we suggest you invest in stocks, which bear low leverage and are hence less risky.
To identify such stocks, historically, several leverage ratios have been developed to measure the amount of debt a company bears and the debt-to-equity ratio is one of the most common ratios.
Analyzing Debt/Equity
Debt-to-Equity Ratio = Total Liabilities/Shareholders’ Equity
This metric is a liquidity ratio that indicates the amount of financial risk a company bears. A lower debt-to-equity ratio reflects improved solvency for a company.
With the third-quarter earnings cycle knocking on the doors, investors must be eyeing stocks that have exhibited solid earnings growth in the recent past. But if a stock bears a high debt-to-equity ratio in times of economic downturn, its so-called booming earnings picture might turn into a nightmare.
The Winning Strategy
Considering the aforementioned factors, it is prudent to choose stocks with a low debt-to-equity ratio to ensure steady returns.
Yet, an investment strategy based solely on the debt-to-equity ratio might not fetch the desired outcome. To choose stocks that have the potential to give you steady returns, we have expanded our screening criteria to include some other factors.
Excluding stocks that have a negative or a zero debt-to-equity ratio, here we present our five picks out of the 23 stocks that made it through the screen.
Addus Homecare: The company is a comprehensive provider of a broad range of social and medical services in the home. On Aug 1, 2023, Addus HomeCare announced that it has completed the acquisition of the entities comprising Tennessee Quality Care, a provider of home health, hospice, and private duty nursing services.
Based in Franklin, TN, Tennessee Quality Care serves an average daily census of approximately 1,800 patients through 17 locations covering a service area of over 50 counties in the state. Addus funded the acquisition through a combination of cash on hand and the company’s revolving credit facility.
ADUS boasts a long-term earnings growth rate of 12.6%. It holds a Zacks Rank #2 currently. The Zacks Consensus Estimate for 2023 sales suggests a 10.4% improvement year over year.
Amalgamated Financial: It provides commercial banking and trust services nationally and offers products and services to both commercial and retail customer. On Jul 27, 2023, the company reported its second-quarter 2023 results. Its earnings per share of 70 cents improved a solid 11.1% year over year.
AMAL currently carries a Zacks Rank #2. The company delivered an earnings surprise of 7.02% on average in the trailing four quarters. The Zacks Consensus Estimate for 2023 sales suggests a 7.7% improvement year over year.
ALLETE: It is an energy company. On Aug 8, 2023, ALLETE reported its second-quarter 2023 results. ALE’s earnings of 90 cents per share reflect an improvement of 34.3% from the prior year quarter’s reported figure.
ALE currently carries a Zacks Rank #2. The company boasts a long-term earnings growth rate of 8.10%. The Zacks Consensus Estimate for ALE’s 2023 sales indicates an improvement of 23.8% from the 2022 reported figure. You can see the complete list of today’s Zacks #1 Rank stocks here.
Arcosa: It is a manufacturer of infrastructure-related products and services and serves construction, energy and transportation markets. On Oct 3, 2023, Arcosa announced its second-quarter 2023 results. Its revenues declined 3% year over year to $584.8 million, while earnings per share declined 8%.
ACA currently carries a Zacks Rank #2. The company delivered an earnings surprise of 47.51% on average in the trailing four quarters. The Zacks Consensus Estimate for ACA’s sales suggests a 1.2% improvement from the 2022 reported figure.
Limbach: It provides building systems. The company engineers, constructs and services mechanical, plumbing, air conditioning, heating, building automation, electrical and control systems. On Aug 9, 2023, Limbach announced its second-quarter 2023 results. Its revenues increased 7.5% year over year, while gross profit improved a solid 33.7%.
LMB currently sports a Zacks Rank #1. The company boasts a long-term earnings growth rate of 12%. The Zacks Consensus Estimate for LMB’s 2023 sales suggests a 0.8% improvement from the 2022 reported figure.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and backtest them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2166346/5-low-leverage-stocks-to-buy-as-market-woes-compound
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
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Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Allete, Inc. (ALE) : Free Stock Analysis Report
Addus HomeCare Corporation (ADUS) : Free Stock Analysis Report
Limbach Holdings, Inc. (LMB) : Free Stock Analysis Report
Amalgamated Financial Corp. (AMAL) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | For Immediate Release Chicago, IL – October 17, 2023 – Stocks in this week’s article are Addus HomeCare ADUS, Amalgamated Financial AMAL, ALLETE Inc ALE, Arcose ACA and Limbach LMB. ACA currently carries a Zacks Rank #2. The Zacks Consensus Estimate for ACA’s sales suggests a 1.2% improvement from the 2022 reported figure. | For Immediate Release Chicago, IL – October 17, 2023 – Stocks in this week’s article are Addus HomeCare ADUS, Amalgamated Financial AMAL, ALLETE Inc ALE, Arcose ACA and Limbach LMB. Click to get this free report Allete, Inc. (ALE) : Free Stock Analysis Report Addus HomeCare Corporation (ADUS) : Free Stock Analysis Report Limbach Holdings, Inc. (LMB) : Free Stock Analysis Report Amalgamated Financial Corp. (AMAL) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. ACA currently carries a Zacks Rank #2. | Click to get this free report Allete, Inc. (ALE) : Free Stock Analysis Report Addus HomeCare Corporation (ADUS) : Free Stock Analysis Report Limbach Holdings, Inc. (LMB) : Free Stock Analysis Report Amalgamated Financial Corp. (AMAL) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL – October 17, 2023 – Stocks in this week’s article are Addus HomeCare ADUS, Amalgamated Financial AMAL, ALLETE Inc ALE, Arcose ACA and Limbach LMB. ACA currently carries a Zacks Rank #2. | For Immediate Release Chicago, IL – October 17, 2023 – Stocks in this week’s article are Addus HomeCare ADUS, Amalgamated Financial AMAL, ALLETE Inc ALE, Arcose ACA and Limbach LMB. ACA currently carries a Zacks Rank #2. The Zacks Consensus Estimate for ACA’s sales suggests a 1.2% improvement from the 2022 reported figure. |
35241.0 | 2023-10-16 00:00:00 UTC | 5 Low-Leverage Stocks to Buy as Market Woes Compound | ACA | https://www.nasdaq.com/articles/5-low-leverage-stocks-to-buy-as-market-woes-compound | nan | nan | The majority of U.S. stock indices fell on Oct 13, reflecting investors’ concerns about the escalating Israel-Hamas conflict and the resultant oil price surge. The sharp fall witnessed in the October consumer sentiment index has compounded the stock market’s woes as households remain worried about inflation.
This might discourage one from investing in stocks right now. However, a prudent investor knows that this is the right time to buy stocks that are safe bets. To this end, we recommend stocks like Addus HomeCare ADUS, Amalgamated Financial AMAL, ALLETE Inc ALE, Arcose ACA and Limbach LMB, which bear low leverage. Choosing them can shield investors from incurring huge losses in times of crisis.
Now, before selecting low-leverage stocks, let’s explore what leverage is and how choosing a low-leverage stock helps investors.
In finance, leverage is a term used to denote the practice of borrowing capital by companies to run their operations smoothly and expand the same. Such borrowings are done through debt financing. But there remains an option for equity finance. This is probably due to the cheap and easy availability of debt over equity financing.
However, debt financing has its share of drawbacks. Particularly, it is desirable only as long as it successfully generates a higher rate of return compared to the interest rate. So, to avoid considerable losses in your portfolio, one should always avoid companies that resort to exorbitant debt financing.
The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find.
The equity market can be volatile at times and, as an investor, if you don’t want to lose big time, we suggest you invest in stocks, which bear low leverage and are hence less risky.
To identify such stocks, historically, several leverage ratios have been developed to measure the amount of debt a company bears and the debt-to-equity ratio is one of the most common ratios.
Analyzing Debt/Equity
Debt-to-Equity Ratio = Total Liabilities/Shareholders’ Equity
This metric is a liquidity ratio that indicates the amount of financial risk a company bears. A lower debt-to-equity ratio reflects improved solvency for a company.
With the third-quarter earnings cycle knocking on the doors, investors must be eyeing stocks that have exhibited solid earnings growth in the recent past. But if a stock bears a high debt-to-equity ratio in times of economic downturn, its so-called booming earnings picture might turn into a nightmare.
The Winning Strategy
Considering the aforementioned factors, it is prudent to choose stocks with a low debt-to-equity ratio to ensure steady returns.
Yet, an investment strategy based solely on the debt-to-equity ratio might not fetch the desired outcome. To choose stocks that have the potential to give you steady returns, we have expanded our screening criteria to include some other factors.
Here are the other parameters:
Debt/Equity less than X-Industry Median: Stocks that are less leveraged than their industry peers.
Current Price greater than or equal to 10: The stocks must be trading at a minimum of $10 or above.
Average 20-day Volume greater than or equal to 50000: A substantial trading volume ensures that the stock is easily tradable.
Percentage Change in EPS F(0)/F(-1) greater than X-Industry Median: Earnings growth adds to optimism, leading to a stock’s price appreciation.
VGM Score of A or B: Our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1 (Strong Buy) or 2 (Buy), offer the best upside potential.
Estimated One-Year EPS Growth F(1)/F(0) greater than 5: This shows earnings growth expectation.
Zacks Rank #1 or 2: Irrespective of market conditions, stocks with a Zacks Rank #1 or 2 have a proven history of success.
Excluding stocks that have a negative or a zero debt-to-equity ratio, here we present our five picks out of the 23 stocks that made it through the screen.
Addus Homecare: The company is a comprehensive provider of a broad range of social and medical services in the home. On Aug 1, 2023, Addus HomeCare announced that it has completed the acquisition of the entities comprising Tennessee Quality Care, a provider of home health, hospice, and private duty nursing services.
Based in Franklin, TN, Tennessee Quality Care serves an average daily census of approximately 1,800 patients through 17 locations covering a service area of over 50 counties in the state. Addus funded the acquisition through a combination of cash on hand and the company’s revolving credit facility.
ADUS boasts a long-term earnings growth rate of 12.6%. It holds a Zacks Rank #2 currently. The Zacks Consensus Estimate for 2023 sales suggests a 10.4% improvement year over year.
Amalgamated Financial: It provides commercial banking and trust services nationally and offers products and services to both commercial and retail customer. On Jul 27, 2023, the company reported its second-quarter 2023 results. Its earnings per share of 70 cents improved a solid 11.1% year over year.
AMAL currently carries a Zacks Rank #2. The company delivered an earnings surprise of 7.02% on average in the trailing four quarters. The Zacks Consensus Estimate for 2023 sales suggests a 7.7% improvement year over year.
ALLETE: It is an energy company. On Aug 8, 2023, ALLETE reported its second-quarter 2023 results. ALE’s earnings of 90 cents per share reflect an improvement of 34.3% from the prior year quarter’s reported figure.
ALE currently carries a Zacks Rank #2. The company boasts a long-term earnings growth rate of 8.10%. The Zacks Consensus Estimate for ALE’s 2023 sales indicates an improvement of 23.8% from the 2022 reported figure. You can see the complete list of today’s Zacks #1 Rank stocks here.
Arcosa: It is a manufacturer of infrastructure-related products and services and serves construction, energy and transportation markets. On Oct 3, 2023, Arcosa announced its second-quarter 2023 results. Its revenues declined 3% year over year to $584.8 million, while earnings per share declined 8%.
ACA currently carries a Zacks Rank #2. The company delivered an earnings surprise of 47.51% on average in the trailing four quarters. The Zacks Consensus Estimate for ACA’s sales suggests a 1.2% improvement from the 2022 reported figure.
Limbach: It provides building systems. The company engineers, constructs and services mechanical, plumbing, air conditioning, heating, building automation, electrical and control systems. On Aug 9, 2023, Limbach announced its second-quarter 2023 results. Its revenues increased 7.5% year over year, while gross profit improved a solid 33.7%.
LMB currently sports a Zacks Rank #1. The company boasts a long-term earnings growth rate of 12%. The Zacks Consensus Estimate for LMB’s 2023 sales suggests a 0.8% improvement from the 2022 reported figure.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and backtest them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
Zacks Reveals ChatGPT "Sleeper" Stock
One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.
As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other "must buys." Plus more.
Download Free ChatGPT Stock Report Right Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Allete, Inc. (ALE) : Free Stock Analysis Report
Addus HomeCare Corporation (ADUS) : Free Stock Analysis Report
Limbach Holdings, Inc. (LMB) : Free Stock Analysis Report
Amalgamated Financial Corp. (AMAL) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | To this end, we recommend stocks like Addus HomeCare ADUS, Amalgamated Financial AMAL, ALLETE Inc ALE, Arcose ACA and Limbach LMB, which bear low leverage. ACA currently carries a Zacks Rank #2. The Zacks Consensus Estimate for ACA’s sales suggests a 1.2% improvement from the 2022 reported figure. | To this end, we recommend stocks like Addus HomeCare ADUS, Amalgamated Financial AMAL, ALLETE Inc ALE, Arcose ACA and Limbach LMB, which bear low leverage. Click to get this free report Allete, Inc. (ALE) : Free Stock Analysis Report Addus HomeCare Corporation (ADUS) : Free Stock Analysis Report Limbach Holdings, Inc. (LMB) : Free Stock Analysis Report Amalgamated Financial Corp. (AMAL) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. ACA currently carries a Zacks Rank #2. | Click to get this free report Allete, Inc. (ALE) : Free Stock Analysis Report Addus HomeCare Corporation (ADUS) : Free Stock Analysis Report Limbach Holdings, Inc. (LMB) : Free Stock Analysis Report Amalgamated Financial Corp. (AMAL) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. To this end, we recommend stocks like Addus HomeCare ADUS, Amalgamated Financial AMAL, ALLETE Inc ALE, Arcose ACA and Limbach LMB, which bear low leverage. ACA currently carries a Zacks Rank #2. | To this end, we recommend stocks like Addus HomeCare ADUS, Amalgamated Financial AMAL, ALLETE Inc ALE, Arcose ACA and Limbach LMB, which bear low leverage. ACA currently carries a Zacks Rank #2. The Zacks Consensus Estimate for ACA’s sales suggests a 1.2% improvement from the 2022 reported figure. |
35242.0 | 2023-10-10 00:00:00 UTC | Validea's Top Industrial Stocks Based On Peter Lynch - 10/10/2023 | ACA | https://www.nasdaq.com/articles/valideas-top-industrial-stocks-based-on-peter-lynch-10-10-2023 | nan | nan | The following are the top rated Industrial stocks according to Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.
FEDEX CORP (FDX) is a large-cap growth stock in the Air Courier industry. The rating according to our strategy based on Peter Lynch is 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively and operating independently, under the FedEx brand. The Company's segments include FedEx Express, FedEx Ground, FedEx Freight and FedEx Services. The FedEx Express segment offers a range of United States domestic and international shipping services for delivery of packages and freight. The FedEx Ground segment provides small-package ground delivery services, which includes day-certain service to any business address in the United States and Canada, as well as residential delivery services through its FedEx Home Delivery service. The FedEx Freight segment offers less-than-truckload (LTL) freight services. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions that support the Company's operating segments.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of FEDEX CORP
FDX Guru Analysis
FDX Fundamental Analysis
GOLDEN OCEAN GROUP LTD (GOGL) is a small-cap value stock in the Water Transportation industry. The rating according to our strategy based on Peter Lynch is 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Golden Ocean Group Limited is an international dry bulk shipping company. The Company owns and operates a fleet of dry bulk vessels, comprising of Newcastlemax, Capesize, Panamax and Ultramax vessels. The Company's vessels transport a range of bulk commodities, including ores, coal, grains and fertilizers, along worldwide shipping routes. Its vessels operate in the spot and time charter markets. The Company owns approximately 81 dry bulk vessels. In addition, it has 11 vessels chartered-in (of which seven and one are chartered in on finance leases and operating leases, respectively from SFL Corporation Ltd. (SFL) and three chartered in on operating leases from unrelated third parties. Approximately six of the vessels are chartered-out on fixed rate time charters and approximately 31 of its vessels are chartered out on index linked rate time charters and the remaining 55 vessels operate in the spot market.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of GOLDEN OCEAN GROUP LTD
GOGL Guru Analysis
GOGL Fundamental Analysis
FERGUSON PLC (FERG) is a large-cap growth stock in the Misc. Capital Goods industry. The rating according to our strategy based on Peter Lynch is 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Ferguson plc is a distributor in North America, providing solutions, and products from infrastructure, plumbing and appliances to heating, ventilation and air conditioning (HVAC), fire, fabrication, and others. The Company's USA segment operates primarily under the Ferguson brand and provides solutions, and products, from infrastructure, plumbing and appliances to HVAC, fire, fabrication and more, to residential and non-residential contractors. Its products are delivered through a common network of distribution centers, branches and specialist sales associates, e-commerce, and others. The Canada segment operates primarily under the Wolseley brand and supplies plumbing, HVAC, and refrigeration products to residential and commercial contractors. The Canada segment also supplies specialist water and wastewater treatment products to residential, commercial and infrastructure contractors, and supplies pipe, valves, and fittings (PVF) solutions to industrial customers.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of FERGUSON PLC
FERG Guru Analysis
FERG Fundamental Analysis
ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. The rating according to our strategy based on Peter Lynch is 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Arcosa, Inc. is a provider of infrastructure-related products and solutions with brands serving construction, engineered structure, and transportation markets in North America. The Company's segments are Construction Products, Engineered Structures and Transportation Products. Its Construction Products segment produces and sells natural and recycled aggregates, specialty materials, and construction site support equipment, including trench shields and shoring products. Its Engineered Structures segment manufactures and sells steel structures for infrastructure businesses, including utility structures for electricity transmission and distribution, structural wind towers, traffic structures, and telecommunication structures. This segment also manufactures distribution tanks. The Transportation Products segment manufactures and sells inland barges, fiberglass barge covers, winches, marine hardware, and steel components for railcars and other transportation and industrial equipment.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of ARCOSA INC
ACA Guru Analysis
ACA Fundamental Analysis
KADANT INC. (KAI) is a mid-cap growth stock in the Misc. Capital Goods industry. The rating according to our strategy based on Peter Lynch is 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Kadant Inc. is a global supplier of technologies and engineered systems. The Company operates through three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment includes custom-engineered products, systems, and technologies that control the flow of fluids used in industrial and commercial applications. Its primary products include rotary sealing devices, steam systems, expansion joints, doctor systems, roll and fabric cleaning devices, and filtration and fiber recovery systems. The Industrial Processing segment includes equipment, machinery, and technologies used to recycle paper and paperboard and process timber for use in the packaging, tissue, wood products and alternative fuel industries, among others. The Material Handling segment includes products and engineered systems used to handle bulk and discrete materials for secondary processing or transport in the aggregates, mining, food, and waste management industries, among others.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of KADANT INC.
KAI Guru Analysis
KAI Fundamental Analysis
Peter Lynch Portfolio
Top Peter Lynch Stocks
About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Detailed Analysis of FERGUSON PLC FERG Guru Analysis FERG Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis KADANT INC. (KAI) is a mid-cap growth stock in the Misc. Company Description: Ferguson plc is a distributor in North America, providing solutions, and products from infrastructure, plumbing and appliances to heating, ventilation and air conditioning (HVAC), fire, fabrication, and others. | Detailed Analysis of FERGUSON PLC FERG Guru Analysis FERG Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis KADANT INC. (KAI) is a mid-cap growth stock in the Misc. Company Description: FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively and operating independently, under the FedEx brand. | Detailed Analysis of FERGUSON PLC FERG Guru Analysis FERG Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis KADANT INC. (KAI) is a mid-cap growth stock in the Misc. Company Description: FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively and operating independently, under the FedEx brand. | Detailed Analysis of FERGUSON PLC FERG Guru Analysis FERG Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis KADANT INC. (KAI) is a mid-cap growth stock in the Misc. Company Description: FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively and operating independently, under the FedEx brand. |
35243.0 | 2023-10-10 00:00:00 UTC | Ex-Dividend Reminder: Methode Electronics, IDEX and Arcosa | ACA | https://www.nasdaq.com/articles/ex-dividend-reminder%3A-methode-electronics-idex-and-arcosa | nan | nan | Looking at the universe of stocks we cover at Dividend Channel, on 10/12/23, Methode Electronics Inc (Symbol: MEI), IDEX Corporation (Symbol: IEX), and Arcosa Inc (Symbol: ACA) will all trade ex-dividend for their respective upcoming dividends. Methode Electronics Inc will pay its quarterly dividend of $0.14 on 10/27/23, IDEX Corporation will pay its quarterly dividend of $0.64 on 10/27/23, and Arcosa Inc will pay its quarterly dividend of $0.05 on 10/31/23. As a percentage of MEI's recent stock price of $24.92, this dividend works out to approximately 0.56%, so look for shares of Methode Electronics Inc to trade 0.56% lower — all else being equal — when MEI shares open for trading on 10/12/23. Similarly, investors should look for IEX to open 0.31% lower in price and for ACA to open 0.07% lower, all else being equal.
Below are dividend history charts for MEI, IEX, and ACA, showing historical dividends prior to the most recent ones declared.
Methode Electronics Inc (Symbol: MEI):
IDEX Corporation (Symbol: IEX):
Arcosa Inc (Symbol: ACA):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.25% for Methode Electronics Inc, 1.23% for IDEX Corporation, and 0.28% for Arcosa Inc.
Free Report: Top 8%+ Dividends (paid monthly)
In Tuesday trading, Methode Electronics Inc shares are currently up about 2.7%, IDEX Corporation shares are up about 0.4%, and Arcosa Inc shares are trading flat on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Looking at the universe of stocks we cover at Dividend Channel, on 10/12/23, Methode Electronics Inc (Symbol: MEI), IDEX Corporation (Symbol: IEX), and Arcosa Inc (Symbol: ACA) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for IEX to open 0.31% lower in price and for ACA to open 0.07% lower, all else being equal. Below are dividend history charts for MEI, IEX, and ACA, showing historical dividends prior to the most recent ones declared. | Looking at the universe of stocks we cover at Dividend Channel, on 10/12/23, Methode Electronics Inc (Symbol: MEI), IDEX Corporation (Symbol: IEX), and Arcosa Inc (Symbol: ACA) will all trade ex-dividend for their respective upcoming dividends. Methode Electronics Inc (Symbol: MEI): IDEX Corporation (Symbol: IEX): Arcosa Inc (Symbol: ACA): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for IEX to open 0.31% lower in price and for ACA to open 0.07% lower, all else being equal. | Looking at the universe of stocks we cover at Dividend Channel, on 10/12/23, Methode Electronics Inc (Symbol: MEI), IDEX Corporation (Symbol: IEX), and Arcosa Inc (Symbol: ACA) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for IEX to open 0.31% lower in price and for ACA to open 0.07% lower, all else being equal. Below are dividend history charts for MEI, IEX, and ACA, showing historical dividends prior to the most recent ones declared. | Looking at the universe of stocks we cover at Dividend Channel, on 10/12/23, Methode Electronics Inc (Symbol: MEI), IDEX Corporation (Symbol: IEX), and Arcosa Inc (Symbol: ACA) will all trade ex-dividend for their respective upcoming dividends. Methode Electronics Inc (Symbol: MEI): IDEX Corporation (Symbol: IEX): Arcosa Inc (Symbol: ACA): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for IEX to open 0.31% lower in price and for ACA to open 0.07% lower, all else being equal. |
35244.0 | 2023-10-04 00:00:00 UTC | Should Value Investors Buy Arcosa (ACA) Stock? | ACA | https://www.nasdaq.com/articles/should-value-investors-buy-arcosa-aca-stock | nan | nan | Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One stock to keep an eye on is Arcosa (ACA). ACA is currently sporting a Zacks Rank of #2 (Buy) and an A for Value.
Another valuation metric that we should highlight is ACA's P/B ratio of 1.51. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 3.84. Within the past 52 weeks, ACA's P/B has been as high as 1.69 and as low as 1.16, with a median of 1.44.
Finally, our model also underscores that ACA has a P/CF ratio of 7.82. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. ACA's P/CF compares to its industry's average P/CF of 16.49. Within the past 12 months, ACA's P/CF has been as high as 12.35 and as low as 6.31, with a median of 8.23.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Arcosa is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ACA feels like a great value stock at the moment.
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Arcosa, Inc. (ACA) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | One stock to keep an eye on is Arcosa (ACA). ACA is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. Another valuation metric that we should highlight is ACA's P/B ratio of 1.51. | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. One stock to keep an eye on is Arcosa (ACA). ACA is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. One stock to keep an eye on is Arcosa (ACA). ACA is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. | One stock to keep an eye on is Arcosa (ACA). ACA is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. Another valuation metric that we should highlight is ACA's P/B ratio of 1.51. |
35245.0 | 2023-10-03 00:00:00 UTC | Construction Partners (ROAD) Expands in SC, Buys Hubbard Paving | ACA | https://www.nasdaq.com/articles/construction-partners-road-expands-in-sc-buys-hubbard-paving | nan | nan | Construction Partners, Inc. or CPI ROAD has strengthened its presence in the dynamic Upstate region of South Carolina with the acquisition of Hubbard Paving & Grading, Inc. This strategic move bolsters CPI's subsidiary, King Asphalt, Inc., by adding a hot-mix asphalt plant and construction operations.
ROAD shares declined 0.7% during the trading session and 1.8% during the after-hour trading hours on Oct 2.
The Upstate area, known for its rapid growth, offers significant opportunities for infrastructure development. CPI's expanded capabilities will enable it to meet the growing demand for road construction and maintenance services in the greater Greenville metro area.
Acquisitions & Infrastructure Push: A Boon
Construction Partners has been bolstering inorganic growth and market expansion over the last few quarters. On Aug 1, 2023, the company acquired a hot-mix asphalt plant in Myrtle Beach, SC from C.R. Jackson, Inc. and established a new greenfield hot-mix asphalt plant and market in Waycross, GA. This buyout enhanced its presence in the fast-growing and dynamic Myrtle Beach-Conway metro area. CPI entered this market a year ago with the acquisition of Southern Asphalt. This transaction strengthened its footprint in the market and provided more resources for South Carolina coastal area operations.
On May 1, 2023, CPI acquired the Huntsville, AL operations of Southern Site Contractors, a reputable Tennessee-based firm specializing in excavation, grading, and utility contracting. This strategic move strengthened CPI's vertical integration of construction services and bolstered its presence in the thriving Huntsville, AL market.
Further, the latest Hubbard Paving acquisition aligns with CPI's commitment to becoming a leader in civil infrastructure across the Southeast. With a stronger foothold in South Carolina, CPI is poised for continued growth and success in the booming Upstate market.
Meanwhile, increased government infrastructure spending is bolstering the company’s prospects. The U.S. administration’s endeavor to rebuild the nation’s deteriorating roads and bridges and fund new climate-resilient and broadband initiatives is expected to aid the company.
Image Source: Zacks Investment Research
So far this year, ROAD has gained 36.1%, outperforming the Zacks Building Products - Miscellaneous industry’s 25.4% rise. Earnings per share (EPS) estimates for fiscal 2023 moved north in the past 60 days to 84 cents from 70 cents, reflecting analysts’ optimism for its growth potential. The estimated figure indicates 104.9% year-over-year growth for fiscal 2023. The same for fiscal 2024 reflects 38.4% year-over-year growth. Further, ROAD has a long-term earnings growth rate of 48.4%, making us confident in its inherent strength.
Zacks Rank & Stocks to Consider
Currently, CPI carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the same space are:
Installed Building Products, Inc. IBP currently sports a Zacks Rank #1 (Strong Buy). It has a trailing four-quarter earnings surprise of 5.5% on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of IBP have surged 43.6% year to date. The Zacks Consensus Estimate for IBP’s 2023 sales and EPS indicates gains of 4.7% and 8.6%, respectively, from the year-ago period’s levels.
TopBuild Corp. BLD flaunts a Zacks Rank #1. It has a trailing four-quarter earnings surprise of 14.1% on average. Shares of BLD have surged 58.5% this year.
The Zacks Consensus Estimate for BLD’s 2023 sales and EPS indicates gains of 3.3% and 8.4%, respectively, from the year-ago period’s levels.
Arcosa, Inc. ACA currently carries a Zacks Rank #2 (Buy). It has a trailing four-quarter earnings surprise of 47.5% on average. Shares of ACA have surged 29.4% this year.
The Zacks Consensus Estimate for ACA’s 2023 sales and EPS indicates gains of 1.2% and 32.9%, respectively, from the year-ago period’s levels.
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It’s credited with a “watershed medical breakthrough” and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows.
It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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TopBuild Corp. (BLD) : Free Stock Analysis Report
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Arcosa, Inc. (ACA) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arcosa, Inc. ACA currently carries a Zacks Rank #2 (Buy). Shares of ACA have surged 29.4% this year. The Zacks Consensus Estimate for ACA’s 2023 sales and EPS indicates gains of 1.2% and 32.9%, respectively, from the year-ago period’s levels. | Click to get this free report TopBuild Corp. (BLD) : Free Stock Analysis Report Installed Building Products, Inc. (IBP) : Free Stock Analysis Report Construction Partners, Inc. (ROAD) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Arcosa, Inc. ACA currently carries a Zacks Rank #2 (Buy). Shares of ACA have surged 29.4% this year. | Click to get this free report TopBuild Corp. (BLD) : Free Stock Analysis Report Installed Building Products, Inc. (IBP) : Free Stock Analysis Report Construction Partners, Inc. (ROAD) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Arcosa, Inc. ACA currently carries a Zacks Rank #2 (Buy). Shares of ACA have surged 29.4% this year. | Arcosa, Inc. ACA currently carries a Zacks Rank #2 (Buy). Shares of ACA have surged 29.4% this year. The Zacks Consensus Estimate for ACA’s 2023 sales and EPS indicates gains of 1.2% and 32.9%, respectively, from the year-ago period’s levels. |
35246.0 | 2023-09-19 00:00:00 UTC | Implied Volatility Surging for Arcosa (ACA) Stock Options | ACA | https://www.nasdaq.com/articles/implied-volatility-surging-for-arcosa-aca-stock-options-0 | nan | nan | Investors in Arcosa, Inc. ACA need to pay close attention to the stock based on moves in the options market lately. That is because the Nov 17, 2023 $45.00 Put had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Arcosa shares, but what is the fundamental picture for the company? Currently, Arcosa is a Zacks Rank #2 (Buy) in the Building Products - Miscellaneous industry that ranks in the Top 8% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased the earnings estimate for the current quarter, while none have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from 65 cents per share to 66 cents in that period.
Given the way analysts feel about Arcosa right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
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Arcosa, Inc. (ACA) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Investors in Arcosa, Inc. ACA need to pay close attention to the stock based on moves in the options market lately. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Investors in Arcosa, Inc. ACA need to pay close attention to the stock based on moves in the options market lately. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. | Investors in Arcosa, Inc. ACA need to pay close attention to the stock based on moves in the options market lately. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. | Investors in Arcosa, Inc. ACA need to pay close attention to the stock based on moves in the options market lately. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Looking to Trade Options? |
35247.0 | 2023-09-15 00:00:00 UTC | Are Investors Undervaluing Arcosa (ACA) Right Now? | ACA | https://www.nasdaq.com/articles/are-investors-undervaluing-arcosa-aca-right-now | nan | nan | The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
Arcosa (ACA) is a stock many investors are watching right now. ACA is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value.
Investors should also recognize that ACA has a P/B ratio of 1.58. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 3.87. Over the past 12 months, ACA's P/B has been as high as 1.69 and as low as 1.16, with a median of 1.41.
Finally, we should also recognize that ACA has a P/CF ratio of 8.22. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. ACA's current P/CF looks attractive when compared to its industry's average P/CF of 17.12. Within the past 12 months, ACA's P/CF has been as high as 12.35 and as low as 6.31, with a median of 8.31.
These are only a few of the key metrics included in Arcosa's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, ACA looks like an impressive value stock at the moment.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arcosa (ACA) is a stock many investors are watching right now. ACA is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. Investors should also recognize that ACA has a P/B ratio of 1.58. | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Arcosa (ACA) is a stock many investors are watching right now. ACA is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. | Arcosa (ACA) is a stock many investors are watching right now. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. ACA is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. | Arcosa (ACA) is a stock many investors are watching right now. ACA is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. Investors should also recognize that ACA has a P/B ratio of 1.58. |
35248.0 | 2023-09-15 00:00:00 UTC | Zacks Industry Outlook Highlights TopBuild, Arcosa, Frontdoor, Gibraltar Industries and Construction Partners | ACA | https://www.nasdaq.com/articles/zacks-industry-outlook-highlights-topbuild-arcosa-frontdoor-gibraltar-industries-and | nan | nan | For Immediate Release
Chicago, IL – September 15, 2023 – Today, Zacks Equity Research discusses TopBuild Corp. BLD, Arcosa, Inc. ACA, Frontdoor, Inc. FTDR, Gibraltar Industries, Inc. ROCK and Construction Partners, Inc. ROAD.
Industry: Building Products
Link: https://www.zacks.com/commentary/2148831/building-products-industry-looks-promising-5-stocks-to-buy
Increased government infrastructure spending is bolstering companies in the Zacks Building Products - Miscellaneous industry. Although potential challenges like macroeconomic uncertainties, new product investments, and rising raw material costs could squeeze margins, firms such as TopBuild Corp., Arcosa, Inc., Frontdoor, Inc., Gibraltar Industries, Inc. and Construction Partners, Inc. stand to gain from increased repair and remodeling (R&R) projects, operational excellence, geographic and product diversification strategies, strategic acquisitions, and higher infrastructure investments.
Industry Description
The Zacks Building Products - Miscellaneous industry primarily comprises manufacturers, designers and distributors of home improvement and building products like ceiling systems, doors, windows, flooring and metal products. Some industry players provide solutions to rehabilitate the aging infrastructure, primarily pipelines in the wastewater, water, energy, mining and refining industries.
The companies also manufacture expansion joints and structural bearings, ventilation products, ground-mounted solar racking and commercial greenhouses, as well as mail storage (solutions including mailboxes along with package delivery products). Companies in this industrial cohort also rent out equipment to a diverse customer base, including construction and industrial companies, manufacturers, utilities, municipalities, homeowners and government entities.
3 Trends Shaping the Future of the Building Products Industry
U.S. Administration’s Infrastructural Spending & Improving Residential Market: The industry players are expected to benefit from strong global trends in infrastructure modernization, energy transition, national security and a potential super-cycle in global supply-chain investments. The U.S. administration’s endeavor to rebuild the nation’s deteriorating roads and bridges and fund new climate-resilient and broadband initiatives is expected to aid the companies.
Meanwhile, as the industry players’ business prospects are highly correlated with U.S. housing market conditions and the R&R activity, solid momentum in the R&R markets and improving residential construction markets are expected to drive growth. Builders are now cautiously optimistic for 2023 as the lack of existing inventory is shifting demand to the new home market, thereby driving the demand for companies’ products in the industry.
Operational Excellence, Product Innovation & Acquisitions: The industry participants have been undertaking strong cost-saving initiatives like business consolidation, system implementations, plant/branch closures, improvement in the global supply chain and headcount reductions to boost profitability. Industry participants have also been strategically investing in new products, sales and support services, digitally enabled solutions and advanced manufacturing capabilities to boost revenues. The companies are also following a systematic acquisition strategy to supplement organic growth and expand access to additional markets and products.
Supply Chain & Inflationary Woes: Inflationary headwinds with respect to transportation costs, material costs and energy costs owing to supply-chain disruptions have been a pressing concern. Also, rising labor costs are compressing margins. These are dampening the companies’ operating performance. Rising costs related to steel, asphalt, resin and other input materials are also hurting margins.
Although the industry participants have been working to recover higher costs through various price increases, they expect this ongoing volatility in material and transportation costs to persist in the near term. Meanwhile, the companies have been witnessing short-term project delays due to material and labor shortages that are impacting upstream building activity. This may result in a lower backlog in the near term.
Apart from higher raw material costs, the companies bear expenses related to product launches. If companies are unable to offset these costs through price increases or supply-chain initiatives, their profits may be affected.
Zacks Industry Rank Indicates Bright Prospects
The Zacks Building Products – Miscellaneous industry is a 26-stock group within the broader Zacks Construction sector. The industry currently carries a Zacks Industry Rank #19, which places it in the top 8% of more than 250 Zacks industries.
The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates positive near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
The industry’s positioning in the top 50% of the Zacks-ranked industries is a result of a higher earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually gaining confidence in this group’s earnings growth potential. Since July 2023, the industry’s earnings estimates for 2023 and 2024 have been revised upward to $4.14 and $4.53 per share from $3.94 and $4.29, respectively.
Before we present a few stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock-market performance and valuation picture.
Industry Lags Sector, Outperforms S&P 500
The Zacks Building Products – Miscellaneous industry has underperformed the broader Zacks Construction sector but outperformed the Zacks S&P 500 composite over the past year.
Over this period, the industry has rallied 31.1% compared with the broader sector’s 36.1% rise. Meanwhile, the Zacks S&P 500 composite has jumped 14.6% over the same period.
Industry's Current Valuation
On the basis of the forward 12-month price to earnings, which is a commonly used multiple for valuing building products’ stocks, the industry is trading at 13.4X versus the S&P 500’s 19.2X and the sector’s 14.4X.
Over the past five years, the industry has traded as high as 19.9X, as low as 6.9X and at a median of 14X.
5 Building Product Stocks to Buy Now
We have selected five stocks from the Zacks universe of building products that currently carry a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
TopBuild: Headquartered in Daytona Beach, FL, TopBuild is an installer and distributor of insulation and other building products. The company is experiencing significant advantages due to a strong installation business and well-planned acquisitions. Additionally, improvements in operational efficiency, leveraging fixed costs, and implementing measures to mitigate inflation are all contributing to an increase in profit margins.
TopBuild, a Zacks Rank #1 stock, has gained 71.2% year to date (YTD), outperforming the industry’s 28.5% rise. BLD has seen an upward estimate revision of 1.5% and 1.3% for 2023 and 2024 earnings over the past 30 days to $18.16 per share and $19.33 per share, respectively. The company’s earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average being 14.1%. It currently holds a VGM Score of A. This helps to identify stocks with the most attractive value, growth and momentum.
Gibraltar Industries: Buffalo, NY-based Gibraltar manufactures and distributes products to the industrial and buildings market. The company is well-positioned to capitalize on its robust Three-Pillar growth strategy and the promising prospects of its Infrastructure segment. Furthermore, factors such as enhanced solar module supply, greater volume, supply-chain optimization efforts, cost alignment, improved field operations efficiency, business diversification, and the successful implementation of the 80/20 initiatives are all contributing positively to its outlook.
Gibraltar, a Zacks Rank #1 stock, has gained 52.3% YTD. ROCK has seen an upward estimate revision of 5.6% and 1.8% for 2023 and 2024 earnings over the past 30 days to $3.97 per share and $4.51 per share, respectively. The company’s earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average being 11.2%. It currently holds a VGM Score of A.
Frontdoor: Based in Memphis, TN, the company provides home service plans in the United States. The company is benefiting from impressive customer retention rates. Thanks to the robust awareness of the Frontdoor brand, it has been shifting its attention toward capitalizing on customer demand.
This strategic move allows FTDR to redirect its marketing investments toward expanding its Direct-to-Consumer channel under the American Home Shield brand. Looking ahead, the company is committed to establishing a solid foundation by investing in its brand, technology infrastructure and enhancing productivity throughout the organization.
Frontdoor, a Zacks Rank #1 stock, has gained 52.5% YTD. FTDR has seen an upward estimate revision of 17.4% and 12.7% for 2023 and 2024 earnings over the past 60 days to $1.62 per share and $1.87 per share, respectively. The company’s earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average being 150%. It currently holds a VGM Score of B.
Construction Partners: Headquartered in Dothan, AL, this civil infrastructure company engages in the construction and maintenance of roadways across Alabama, Florida, Georgia, North Carolina and South Carolina. The company has benefited from solid demand for infrastructure services throughout end markets in both the private and public sectors, consistent execution of its business model and a growth strategy that defies labor, inflation and supply-chain challenges.
Its recent acquisitions and the sale of Daurity Springs Quarry will help the company expand operations into fast-growing markets while maintaining its leverage ratio. Construction Partners’ organic and inorganic growth opportunities in the attractive Southeastern U.S. Road construction/repair market are expected to help the company generate higher revenues.
ROAD, a Zacks Rank #2 stock, has gained 34.2% YTD. This company surpassed earnings estimates in three of the trailing four quarters and missed on one occasion, with the average surprise being 10.6%. ROAD has seen an upward estimate revision of 20% and 20.8% for 2023 and 2024 earnings over the past 60 days to 84 cents per share and $1.16 per share, respectively. Again, it carries an impressive VGM Score of A.
Arcosa: This Dallas, TX-based company provides infrastructure-related products and solutions. The company remains focused on its long-term vision to lessen the complexity of Arcosa’s overall portfolio and shift its business mix toward less cyclical, higher-margin growth opportunities that leverage core strengths and drive long-term shareholder value creation.
It has completed the previously announced sale of its storage tanks business and aims to invest the proceeds into its key growth businesses. Also, ACA’s inorganic drive to expand its portfolio and improved efficiencies in utility structures business, coupled with solid execution in cyclical businesses, should drive growth.
Arcosa, a Zacks Rank #2 stock, has gained 36.2% YTD. ACA has seen an upward estimate revision of 1.8% and 0.9% for 2023 and 2024 earnings over the past 60 days to $2.82 per share and $3.29 per share, respectively. The company’s earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average being 47.5%. It currently holds a VGM Score of B.
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Gibraltar Industries, Inc. (ROCK) : Free Stock Analysis Report
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Frontdoor Inc. (FTDR) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | For Immediate Release Chicago, IL – September 15, 2023 – Today, Zacks Equity Research discusses TopBuild Corp. BLD, Arcosa, Inc. ACA, Frontdoor, Inc. FTDR, Gibraltar Industries, Inc. ROCK and Construction Partners, Inc. ROAD. Also, ACA’s inorganic drive to expand its portfolio and improved efficiencies in utility structures business, coupled with solid execution in cyclical businesses, should drive growth. ACA has seen an upward estimate revision of 1.8% and 0.9% for 2023 and 2024 earnings over the past 60 days to $2.82 per share and $3.29 per share, respectively. | For Immediate Release Chicago, IL – September 15, 2023 – Today, Zacks Equity Research discusses TopBuild Corp. BLD, Arcosa, Inc. ACA, Frontdoor, Inc. FTDR, Gibraltar Industries, Inc. ROCK and Construction Partners, Inc. ROAD. Click to get this free report Gibraltar Industries, Inc. (ROCK) : Free Stock Analysis Report TopBuild Corp. (BLD) : Free Stock Analysis Report Construction Partners, Inc. (ROAD) : Free Stock Analysis Report Frontdoor Inc. (FTDR) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Also, ACA’s inorganic drive to expand its portfolio and improved efficiencies in utility structures business, coupled with solid execution in cyclical businesses, should drive growth. | Click to get this free report Gibraltar Industries, Inc. (ROCK) : Free Stock Analysis Report TopBuild Corp. (BLD) : Free Stock Analysis Report Construction Partners, Inc. (ROAD) : Free Stock Analysis Report Frontdoor Inc. (FTDR) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL – September 15, 2023 – Today, Zacks Equity Research discusses TopBuild Corp. BLD, Arcosa, Inc. ACA, Frontdoor, Inc. FTDR, Gibraltar Industries, Inc. ROCK and Construction Partners, Inc. ROAD. Also, ACA’s inorganic drive to expand its portfolio and improved efficiencies in utility structures business, coupled with solid execution in cyclical businesses, should drive growth. | For Immediate Release Chicago, IL – September 15, 2023 – Today, Zacks Equity Research discusses TopBuild Corp. BLD, Arcosa, Inc. ACA, Frontdoor, Inc. FTDR, Gibraltar Industries, Inc. ROCK and Construction Partners, Inc. ROAD. Also, ACA’s inorganic drive to expand its portfolio and improved efficiencies in utility structures business, coupled with solid execution in cyclical businesses, should drive growth. ACA has seen an upward estimate revision of 1.8% and 0.9% for 2023 and 2024 earnings over the past 60 days to $2.82 per share and $3.29 per share, respectively. |
35249.0 | 2023-09-14 00:00:00 UTC | Building Products Industry Looks Promising: 5 Stocks to Buy | ACA | https://www.nasdaq.com/articles/building-products-industry-looks-promising%3A-5-stocks-to-buy | nan | nan | Increased government infrastructure spending is bolstering companies in the Zacks Building Products - Miscellaneous industry. Although potential challenges like macroeconomic uncertainties, new product investments, and rising raw material costs could squeeze margins, firms such as TopBuild Corp. BLD, Arcosa, Inc. ACA, Frontdoor, Inc. FTDR, Gibraltar Industries, Inc. ROCK, and Construction Partners, Inc. ROAD stand to gain from increased repair and remodeling (R&R) projects, operational excellence, geographic and product diversification strategies, strategic acquisitions, and higher infrastructure investments.
Industry Description
The Zacks Building Products - Miscellaneous industry primarily comprises manufacturers, designers and distributors of home improvement and building products like ceiling systems, doors, windows, flooring and metal products. Some industry players provide solutions to rehabilitate the aging infrastructure, primarily pipelines in the wastewater, water, energy, mining and refining industries. The companies also manufacture expansion joints and structural bearings, ventilation products, ground-mounted solar racking and commercial greenhouses, as well as mail storage (solutions including mailboxes along with package delivery products). Companies in this industrial cohort also rent out equipment to a diverse customer base, including construction and industrial companies, manufacturers, utilities, municipalities, homeowners and government entities.
3 Trends Shaping the Future of the Building Products Industry
U.S. Administration’s Infrastructural Spending & Improving Residential Market: The industry players are expected to benefit from strong global trends in infrastructure modernization, energy transition, national security and a potential super-cycle in global supply-chain investments. The U.S. administration’s endeavor to rebuild the nation’s deteriorating roads and bridges and fund new climate-resilient and broadband initiatives is expected to aid the companies. Meanwhile, as the industry players’ business prospects are highly correlated with U.S. housing market conditions and the R&R activity, solid momentum in the R&R markets and improving residential construction markets are expected to drive growth. Builders are now cautiously optimistic for 2023 as the lack of existing inventory is shifting demand to the new home market, thereby driving the demand for companies’ products in the industry.
Operational Excellence, Product Innovation & Acquisitions: The industry participants have been undertaking strong cost-saving initiatives like business consolidation, system implementations, plant/branch closures, improvement in the global supply chain and headcount reductions to boost profitability. Industry participants have also been strategically investing in new products, sales and support services, digitally enabled solutions and advanced manufacturing capabilities to boost revenues. The companies are also following a systematic acquisition strategy to supplement organic growth and expand access to additional markets and products.
Supply Chain & Inflationary Woes: Inflationary headwinds with respect to transportation costs, material costs and energy costs owing to supply-chain disruptions have been a pressing concern. Also, rising labor costs are compressing margins. These are dampening the companies’ operating performance. Rising costs related to steel, asphalt, resin and other input materials are also hurting margins. Although the industry participants have been working to recover higher costs through various price increases, they expect this ongoing volatility in material and transportation costs to persist in the near term. Meanwhile, the companies have been witnessing short-term project delays due to material and labor shortages that are impacting upstream building activity. This may result in a lower backlog in the near term.
Apart from higher raw material costs, the companies bear expenses related to product launches. If companies are unable to offset these costs through price increases or supply-chain initiatives, their profits may be affected.
Zacks Industry Rank Indicates Bright Prospects
The Zacks Building Products – Miscellaneous industry is a 26-stock group within the broader Zacks Construction sector. The industry currently carries a Zacks Industry Rank #19, which places it in the top 8% of more than 250 Zacks industries.
The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates positive near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
The industry’s positioning in the top 50% of the Zacks-ranked industries is a result of a higher earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually gaining confidence in this group’s earnings growth potential. Since July 2023, the industry’s earnings estimates for 2023 and 2024 have been revised upward to $4.14 and $4.53 per share from $3.94 and $4.29, respectively.
Before we present a few stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock-market performance and valuation picture.
Industry Lags Sector, Outperforms S&P 500
The Zacks Building Products – Miscellaneous industry has underperformed the broader Zacks Construction sector but outperformed the Zacks S&P 500 composite over the past year.
Over this period, the industry has rallied 31.1% compared with the broader sector’s 36.1% rise. Meanwhile, the Zacks S&P 500 composite has jumped 14.6% over the same period.
One-Year Price Performance
Industry's Current Valuation
On the basis of the forward 12-month price to earnings, which is a commonly used multiple for valuing building products’ stocks, the industry is trading at 13.4X versus the S&P 500’s 19.2X and the sector’s 14.4X.
Over the past five years, the industry has traded as high as 19.9X, as low as 6.9X and at a median of 14X, as the chart below shows.
Industry’s P/E Ratio (Forward 12-Month) Versus S&P 500
5 Building Product Stocks to Buy Now
We have selected five stocks from the Zacks universe of building products that currently carry a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
TopBuild: Headquartered in Daytona Beach, FL, TopBuild is an installer and distributor of insulation and other building products. The company is experiencing significant advantages due to a strong installation business and well-planned acquisitions. Additionally, improvements in operational efficiency, leveraging fixed costs, and implementing measures to mitigate inflation are all contributing to an increase in profit margins.
TopBuild, a Zacks Rank #1 stock, has gained 71.2% year to date (YTD), outperforming the industry’s 28.5% rise. BLD has seen an upward estimate revision of 1.5% and 1.3% for 2023 and 2024 earnings over the past 30 days to $18.16 per share and $19.33 per share, respectively. The company’s earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average being 14.1%. It currently holds a VGM Score of A. This helps to identify stocks with the most attractive value, growth and momentum.
Price and Consensus: BLD
Gibraltar Industries: Buffalo, NY-based Gibraltar manufactures and distributes products to the industrial and buildings market. The company is well-positioned to capitalize on its robust Three-Pillar growth strategy and the promising prospects of its Infrastructure segment. Furthermore, factors such as enhanced solar module supply, greater volume, supply-chain optimization efforts, cost alignment, improved field operations efficiency, business diversification, and the successful implementation of the 80/20 initiatives are all contributing positively to its outlook.
Gibraltar, a Zacks Rank #1 stock, has gained 52.3% YTD. ROCK has seen an upward estimate revision of 5.6% and 1.8% for 2023 and 2024 earnings over the past 30 days to $3.97 per share and $4.51 per share, respectively. The company’s earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average being 11.2%. It currently holds a VGM Score of A.
Price and Consensus: ROCK
Frontdoor: Based in Memphis, TN, the company provides home service plans in the United States. The company is benefiting from impressive customer retention rates. Thanks to the robust awareness of the Frontdoor brand, it has been shifting its attention toward capitalizing on customer demand. This strategic move allows FTDR to redirect its marketing investments toward expanding its Direct-to-Consumer channel under the American Home Shield brand. Looking ahead, the company is committed to establishing a solid foundation by investing in its brand, technology infrastructure and enhancing productivity throughout the organization.
Frontdoor, a Zacks Rank #1 stock, has gained 52.5% YTD. FTDR has seen an upward estimate revision of 17.4% and 12.7% for 2023 and 2024 earnings over the past 60 days to $1.62 per share and $1.87 per share, respectively. The company’s earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average being 150%. It currently holds a VGM Score of B.
Price and Consensus: FTDR
Construction Partners: Headquartered in Dothan, AL, this civil infrastructure company engages in the construction and maintenance of roadways across Alabama, Florida, Georgia, North Carolina and South Carolina. The company has benefited from solid demand for infrastructure services throughout end markets in both the private and public sectors, consistent execution of its business model and a growth strategy that defies labor, inflation and supply-chain challenges. Its recent acquisitions and the sale of Daurity Springs Quarry will help the company expand operations into fast-growing markets while maintaining its leverage ratio. Construction Partners’ organic and inorganic growth opportunities in the attractive Southeastern U.S. Road construction/repair market are expected to help the company generate higher revenues.
ROAD, a Zacks Rank #2 stock, has gained 34.2% YTD. This company surpassed earnings estimates in three of the trailing four quarters and missed on one occasion, with the average surprise being 10.6%. ROAD has seen an upward estimate revision of 20% and 20.8% for 2023 and 2024 earnings over the past 60 days to 84 cents per share and $1.16 per share, respectively. Again, it carries an impressive VGM Score of A.
Price and Consensus: ROAD
Arcosa: This Dallas, TX-based company provides infrastructure-related products and solutions. The company remains focused on its long-term vision to lessen the complexity of Arcosa’s overall portfolio and shift its business mix toward less cyclical, higher-margin growth opportunities that leverage core strengths and drive long-term shareholder value creation. It has completed the previously announced sale of its storage tanks business and aims to invest the proceeds into its key growth businesses. Also, ACA’s inorganic drive to expand its portfolio and improved efficiencies in utility structures business, coupled with solid execution in cyclical businesses, should drive growth.
Arcosa, a Zacks Rank #2 stock, has gained 36.2% YTD. ACA has seen an upward estimate revision of 1.8% and 0.9% for 2023 and 2024 earnings over the past 60 days to $2.82 per share and $3.29 per share, respectively. The company’s earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average being 47.5%. It currently holds a VGM Score of B.
Price and Consensus: ACA
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TopBuild Corp. (BLD) : Free Stock Analysis Report
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Frontdoor Inc. (FTDR) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
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Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Although potential challenges like macroeconomic uncertainties, new product investments, and rising raw material costs could squeeze margins, firms such as TopBuild Corp. BLD, Arcosa, Inc. ACA, Frontdoor, Inc. FTDR, Gibraltar Industries, Inc. ROCK, and Construction Partners, Inc. ROAD stand to gain from increased repair and remodeling (R&R) projects, operational excellence, geographic and product diversification strategies, strategic acquisitions, and higher infrastructure investments. Also, ACA’s inorganic drive to expand its portfolio and improved efficiencies in utility structures business, coupled with solid execution in cyclical businesses, should drive growth. ACA has seen an upward estimate revision of 1.8% and 0.9% for 2023 and 2024 earnings over the past 60 days to $2.82 per share and $3.29 per share, respectively. | Although potential challenges like macroeconomic uncertainties, new product investments, and rising raw material costs could squeeze margins, firms such as TopBuild Corp. BLD, Arcosa, Inc. ACA, Frontdoor, Inc. FTDR, Gibraltar Industries, Inc. ROCK, and Construction Partners, Inc. ROAD stand to gain from increased repair and remodeling (R&R) projects, operational excellence, geographic and product diversification strategies, strategic acquisitions, and higher infrastructure investments. Click to get this free report TopBuild Corp. (BLD) : Free Stock Analysis Report Gibraltar Industries, Inc. (ROCK) : Free Stock Analysis Report Construction Partners, Inc. (ROAD) : Free Stock Analysis Report Frontdoor Inc. (FTDR) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Also, ACA’s inorganic drive to expand its portfolio and improved efficiencies in utility structures business, coupled with solid execution in cyclical businesses, should drive growth. | Click to get this free report TopBuild Corp. (BLD) : Free Stock Analysis Report Gibraltar Industries, Inc. (ROCK) : Free Stock Analysis Report Construction Partners, Inc. (ROAD) : Free Stock Analysis Report Frontdoor Inc. (FTDR) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Although potential challenges like macroeconomic uncertainties, new product investments, and rising raw material costs could squeeze margins, firms such as TopBuild Corp. BLD, Arcosa, Inc. ACA, Frontdoor, Inc. FTDR, Gibraltar Industries, Inc. ROCK, and Construction Partners, Inc. ROAD stand to gain from increased repair and remodeling (R&R) projects, operational excellence, geographic and product diversification strategies, strategic acquisitions, and higher infrastructure investments. Also, ACA’s inorganic drive to expand its portfolio and improved efficiencies in utility structures business, coupled with solid execution in cyclical businesses, should drive growth. | Although potential challenges like macroeconomic uncertainties, new product investments, and rising raw material costs could squeeze margins, firms such as TopBuild Corp. BLD, Arcosa, Inc. ACA, Frontdoor, Inc. FTDR, Gibraltar Industries, Inc. ROCK, and Construction Partners, Inc. ROAD stand to gain from increased repair and remodeling (R&R) projects, operational excellence, geographic and product diversification strategies, strategic acquisitions, and higher infrastructure investments. Also, ACA’s inorganic drive to expand its portfolio and improved efficiencies in utility structures business, coupled with solid execution in cyclical businesses, should drive growth. ACA has seen an upward estimate revision of 1.8% and 0.9% for 2023 and 2024 earnings over the past 60 days to $2.82 per share and $3.29 per share, respectively. |
35250.0 | 2023-09-14 00:00:00 UTC | 5 Low-Leverage Stocks to Buy as U.S. Consumer Price Rises | ACA | https://www.nasdaq.com/articles/5-low-leverage-stocks-to-buy-as-u.s.-consumer-price-rises | nan | nan | The majority of U.S. stock indices finished in the green on Sep 13, after August consumer price data reflected a moderate rise. This boosted investors’ expectations that the Federal Reserve might leave interest rates unchanged this month.
Against this backdrop, stock market players might be in the mood for some good investment. However, since the share market has lately been on the edge, we recommend stocks like Arcosa ACA, PulteGroup PHM, Kirby Corp. KEX, Terex Corp. TEX and Allete Inc. ALE, which bear low leverage. Choosing them can shield investors from incurring huge losses in times of crisis.
Now, before selecting low-leverage stocks, let’s explore what leverage is and how choosing a low-leverage stock helps investors.
In finance, leverage is a term used to denote the practice of borrowing capital by companies to run their operations smoothly and expand the same. Such borrowings are done through debt financing. But there remains an option for equity finance. This is probably due to the cheap and easy availability of debt over equity financing.
However, debt financing has its share of drawbacks. Particularly, it is desirable only as long as it successfully generates a higher rate of return compared to the interest rate. So, to avoid considerable losses in your portfolio, one should always avoid companies that resort to exorbitant debt financing.
The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find.
The equity market can be volatile at times and as an investor, if you don’t want to lose big time, we suggest you invest in stocks, which bear low leverage and are hence less risky.
To identify such stocks, historically, several leverage ratios have been developed to measure the amount of debt a company bears and the debt-to-equity ratio is one of the most common ratios.
Analyzing Debt/Equity
Debt-to-Equity Ratio = Total Liabilities/Shareholders’ Equity
This metric is a liquidity ratio that indicates the amount of financial risk a company bears. A lower debt-to-equity ratio reflects improved solvency for a company.
With the second-quarter earnings cycle behind us, investors must be eyeing stocks that have exhibited solid earnings growth in the recent past. But if a stock bears a high debt-to-equity ratio in times of economic downturn, its so-called booming earnings picture might turn into a nightmare.
The Winning Strategy
Considering the aforementioned factors, it is prudent to choose stocks with a low debt-to-equity ratio to ensure steady returns.
Yet, an investment strategy based solely on the debt-to-equity ratio might not fetch the desired outcome. To choose stocks that have the potential to give you steady returns, we have expanded our screening criteria to include some other factors.
Here are the other parameters:
Debt/Equity less than X-Industry Median: Stocks that are less leveraged than their industry peers.
Current Price greater than or equal to 10: The stocks must be trading at a minimum of $10 or above.
Average 20-day Volume greater than or equal to 50000: A substantial trading volume ensures that the stock is easily tradable.
Percentage Change in EPS F(0)/F(-1) greater than X-Industry Median: Earnings growth adds to optimism, leading to a stock’s price appreciation.
VGM Score of A or B: Our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1 (Strong Buy) or 2 (Buy), offer the best upside potential.
Estimated One-Year EPS Growth F(1)/F(0) greater than 5: This shows earnings growth expectation.
Zacks Rank #1 or 2: Irrespective of market conditions, stocks with a Zacks Rank #1 or 2 have a proven history of success.
Excluding stocks that have a negative or a zero debt-to-equity ratio, here we present our five picks out of the 22 stocks that made it through the screen.
Arcosa: The company is a provider of infrastructure-related products and solutions with leading brands serving construction, engineered structures and transportation markets. On Aug 3, 2023, Arcosa reported its second-quarter 2023 results. Its revenues dropped 3% from the year-ago quarter to $584.8 million, while its adjusted earnings per share fell 8%.
ACA delivered an earnings surprise of 47.51%, on average, in the trailing four quarters. It holds a Zacks Rank #2 currently. The Zacks Consensus Estimate for ACA’s 2023 sales implies a 1.2% improvement from the 2022 reported figure.
PulteGroup: It engages in homebuilding and financial services businesses, primarily in the United States. On Jul 25, 2023, the company reported its second-quarter 2023 results. Its net new orders increased 24% from last year, while home sale revenues for the second quarter increased 8% from the prior year to $4.1 billion.
PHM currently sports a Zacks Rank #1. The company delivered an earnings surprise of 19.51% on average in the trailing four quarters. The Zacks Consensus Estimate for 2023 sales suggests a 1.6% improvement year over year.
Kirby: It is the largest domestic tank barge operator in the United States. On Aug 25, 2023, Kirby christened GREEN DIAMOND, the nation’s first plug-in hybrid electric inland towing vessel, at a ceremony in Houston, TX. The vessel has been constructed by San Jac Marine, LLC, Kirby’s shipyard in Channelview, TX. Stewart & Stevenson Manufacturing Technologies, another Kirby company, designed and installed the power management, control and propulsion systems. A host of vendors provided other key systems for this first-of-its-kind vessel.
KEX currently carries a Zacks Rank #2. The company delivered an earnings surprise of 8.03% on average in the trailing four quarters. The Zacks Consensus Estimate for KEX’s 2023 sales indicates an 11.2% improvement from the 2022 reported figure. You can see the complete list of today’s Zacks #1 Rank stocks here.
Terex: It is a global manufacturer of aerial work platforms, materials processing machinery and cranes. On Aug 1, 2023, Terex reported its second-quarter 2023 results. Its sales improved 30% year over year to $1.4 billion, while earnings per share surged a solid 119.6%.
TEX currently sports a Zacks Rank #1. The company delivered an earnings surprise of 32.80% on average in the trailing four quarters. The Zacks Consensus Estimate for TEX’s 2023 sales suggests a 15.9% improvement from the fiscal 2022 reported figure.
Allete: It is an energy company, which invests in transmission infrastructure and other energy-centric businesses. On Aug 8, 2023, the company released its second-quarter 2023 results. Its earnings per share of 90 cents improved a solid 34.3% from the year-ago quarter’s reported figure.
ALE currently carries a Zacks Rank #2. The company boasts a long-term earnings growth rate of 8.1%. The Zacks Consensus Estimate for ALE’s 2023 sales suggests a 23.8% improvement from the 2022 reported figure.
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Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
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Terex Corporation (TEX) : Free Stock Analysis Report
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Kirby Corporation (KEX) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | However, since the share market has lately been on the edge, we recommend stocks like Arcosa ACA, PulteGroup PHM, Kirby Corp. KEX, Terex Corp. TEX and Allete Inc. ALE, which bear low leverage. ACA delivered an earnings surprise of 47.51%, on average, in the trailing four quarters. The Zacks Consensus Estimate for ACA’s 2023 sales implies a 1.2% improvement from the 2022 reported figure. | However, since the share market has lately been on the edge, we recommend stocks like Arcosa ACA, PulteGroup PHM, Kirby Corp. KEX, Terex Corp. TEX and Allete Inc. ALE, which bear low leverage. Click to get this free report Terex Corporation (TEX) : Free Stock Analysis Report PulteGroup, Inc. (PHM) : Free Stock Analysis Report Allete, Inc. (ALE) : Free Stock Analysis Report Kirby Corporation (KEX) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. ACA delivered an earnings surprise of 47.51%, on average, in the trailing four quarters. | Click to get this free report Terex Corporation (TEX) : Free Stock Analysis Report PulteGroup, Inc. (PHM) : Free Stock Analysis Report Allete, Inc. (ALE) : Free Stock Analysis Report Kirby Corporation (KEX) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. However, since the share market has lately been on the edge, we recommend stocks like Arcosa ACA, PulteGroup PHM, Kirby Corp. KEX, Terex Corp. TEX and Allete Inc. ALE, which bear low leverage. ACA delivered an earnings surprise of 47.51%, on average, in the trailing four quarters. | However, since the share market has lately been on the edge, we recommend stocks like Arcosa ACA, PulteGroup PHM, Kirby Corp. KEX, Terex Corp. TEX and Allete Inc. ALE, which bear low leverage. ACA delivered an earnings surprise of 47.51%, on average, in the trailing four quarters. The Zacks Consensus Estimate for ACA’s 2023 sales implies a 1.2% improvement from the 2022 reported figure. |
35251.0 | 2023-09-13 00:00:00 UTC | Are Construction Stocks Lagging Arcosa (ACA) This Year? | ACA | https://www.nasdaq.com/articles/are-construction-stocks-lagging-arcosa-aca-this-year-2 | nan | nan | The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Arcosa (ACA) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Arcosa is one of 99 individual stocks in the Construction sector. Collectively, these companies sit at #1 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Arcosa is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for ACA's full-year earnings has moved 1.6% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, ACA has moved about 39.5% on a year-to-date basis. At the same time, Construction stocks have gained an average of 28.2%. This means that Arcosa is outperforming the sector as a whole this year.
Another Construction stock, which has outperformed the sector so far this year, is Boise Cascade (BCC). The stock has returned 49.7% year-to-date.
Over the past three months, Boise Cascade's consensus EPS estimate for the current year has increased 35.7%. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Arcosa belongs to the Building Products - Miscellaneous industry, a group that includes 27 individual stocks and currently sits at #20 in the Zacks Industry Rank. This group has gained an average of 29.6% so far this year, so ACA is performing better in this area.
On the other hand, Boise Cascade belongs to the Building Products - Wood industry. This 12-stock industry is currently ranked #44. The industry has moved +12.8% year to date.
Arcosa and Boise Cascade could continue their solid performance, so investors interested in Construction stocks should continue to pay close attention to these stocks.
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Arcosa, Inc. (ACA) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Over the past three months, the Zacks Consensus Estimate for ACA's full-year earnings has moved 1.6% higher. Is Arcosa (ACA) one of those stocks right now? According to our latest data, ACA has moved about 39.5% on a year-to-date basis. | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Boise Cascade, L.L.C. Is Arcosa (ACA) one of those stocks right now? Over the past three months, the Zacks Consensus Estimate for ACA's full-year earnings has moved 1.6% higher. | Is Arcosa (ACA) one of those stocks right now? Over the past three months, the Zacks Consensus Estimate for ACA's full-year earnings has moved 1.6% higher. According to our latest data, ACA has moved about 39.5% on a year-to-date basis. | Is Arcosa (ACA) one of those stocks right now? Over the past three months, the Zacks Consensus Estimate for ACA's full-year earnings has moved 1.6% higher. According to our latest data, ACA has moved about 39.5% on a year-to-date basis. |
35252.0 | 2023-09-08 00:00:00 UTC | Notable Friday Option Activity: CR, ACA, IMVT | ACA | https://www.nasdaq.com/articles/notable-friday-option-activity%3A-cr-aca-imvt | nan | nan | Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Crane Co (Symbol: CR), where a total volume of 1,202 contracts has been traded thus far today, a contract volume which is representative of approximately 120,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61.7% of CR's average daily trading volume over the past month, of 194,710 shares. Particularly high volume was seen for the $85 strike put option expiring September 15, 2023, with 600 contracts trading so far today, representing approximately 60,000 underlying shares of CR. Below is a chart showing CR's trailing twelve month trading history, with the $85 strike highlighted in orange:
Arcosa Inc (Symbol: ACA) saw options trading volume of 1,023 contracts, representing approximately 102,300 underlying shares or approximately 60.7% of ACA's average daily trading volume over the past month, of 168,615 shares. Particularly high volume was seen for the $75 strike put option expiring October 20, 2023, with 512 contracts trading so far today, representing approximately 51,200 underlying shares of ACA. Below is a chart showing ACA's trailing twelve month trading history, with the $75 strike highlighted in orange:
And Immunovant Inc (Symbol: IMVT) saw options trading volume of 8,168 contracts, representing approximately 816,800 underlying shares or approximately 60.1% of IMVT's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $12.50 strike put option expiring October 20, 2023, with 1,522 contracts trading so far today, representing approximately 152,200 underlying shares of IMVT. Below is a chart showing IMVT's trailing twelve month trading history, with the $12.50 strike highlighted in orange:
For the various different available expirations for CR options, ACA options, or IMVT options, visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Particularly high volume was seen for the $75 strike put option expiring October 20, 2023, with 512 contracts trading so far today, representing approximately 51,200 underlying shares of ACA. Below is a chart showing CR's trailing twelve month trading history, with the $85 strike highlighted in orange: Arcosa Inc (Symbol: ACA) saw options trading volume of 1,023 contracts, representing approximately 102,300 underlying shares or approximately 60.7% of ACA's average daily trading volume over the past month, of 168,615 shares. Below is a chart showing ACA's trailing twelve month trading history, with the $75 strike highlighted in orange: And Immunovant Inc (Symbol: IMVT) saw options trading volume of 8,168 contracts, representing approximately 816,800 underlying shares or approximately 60.1% of IMVT's average daily trading volume over the past month, of 1.4 million shares. | Below is a chart showing CR's trailing twelve month trading history, with the $85 strike highlighted in orange: Arcosa Inc (Symbol: ACA) saw options trading volume of 1,023 contracts, representing approximately 102,300 underlying shares or approximately 60.7% of ACA's average daily trading volume over the past month, of 168,615 shares. Particularly high volume was seen for the $75 strike put option expiring October 20, 2023, with 512 contracts trading so far today, representing approximately 51,200 underlying shares of ACA. Below is a chart showing ACA's trailing twelve month trading history, with the $75 strike highlighted in orange: And Immunovant Inc (Symbol: IMVT) saw options trading volume of 8,168 contracts, representing approximately 816,800 underlying shares or approximately 60.1% of IMVT's average daily trading volume over the past month, of 1.4 million shares. | Below is a chart showing CR's trailing twelve month trading history, with the $85 strike highlighted in orange: Arcosa Inc (Symbol: ACA) saw options trading volume of 1,023 contracts, representing approximately 102,300 underlying shares or approximately 60.7% of ACA's average daily trading volume over the past month, of 168,615 shares. Below is a chart showing ACA's trailing twelve month trading history, with the $75 strike highlighted in orange: And Immunovant Inc (Symbol: IMVT) saw options trading volume of 8,168 contracts, representing approximately 816,800 underlying shares or approximately 60.1% of IMVT's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $75 strike put option expiring October 20, 2023, with 512 contracts trading so far today, representing approximately 51,200 underlying shares of ACA. | Particularly high volume was seen for the $75 strike put option expiring October 20, 2023, with 512 contracts trading so far today, representing approximately 51,200 underlying shares of ACA. Below is a chart showing ACA's trailing twelve month trading history, with the $75 strike highlighted in orange: And Immunovant Inc (Symbol: IMVT) saw options trading volume of 8,168 contracts, representing approximately 816,800 underlying shares or approximately 60.1% of IMVT's average daily trading volume over the past month, of 1.4 million shares. Below is a chart showing CR's trailing twelve month trading history, with the $85 strike highlighted in orange: Arcosa Inc (Symbol: ACA) saw options trading volume of 1,023 contracts, representing approximately 102,300 underlying shares or approximately 60.7% of ACA's average daily trading volume over the past month, of 168,615 shares. |
35253.0 | 2023-08-31 00:00:00 UTC | Arcosa (ACA) Price Target Increased by 5.88% to 88.13 | ACA | https://www.nasdaq.com/articles/arcosa-aca-price-target-increased-by-5.88-to-88.13 | nan | nan | The average one-year price target for Arcosa (NYSE:ACA) has been revised to 88.13 / share. This is an increase of 5.88% from the prior estimate of 83.23 dated August 1, 2023.
The price target is an average of many targets provided by analysts. The latest targets range from a low of 80.80 to a high of 94.50 / share. The average price target represents an increase of 12.11% from the latest reported closing price of 78.61 / share.
What is the Fund Sentiment?
There are 635 funds or institutions reporting positions in Arcosa. This is an increase of 29 owner(s) or 4.79% in the last quarter. Average portfolio weight of all funds dedicated to ACA is 0.28%, an increase of 10.17%. Total shares owned by institutions decreased in the last three months by 0.00% to 55,553K shares.
The put/call ratio of ACA is 1.54, indicating a bearish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 3,397K shares representing 6.97% ownership of the company. In it's prior filing, the firm reported owning 3,522K shares, representing a decrease of 3.67%. The firm increased its portfolio allocation in ACA by 12.16% over the last quarter.
SMCWX - SMALLCAP WORLD FUND INC holds 3,197K shares representing 6.56% ownership of the company. No change in the last quarter.
Capital World Investors holds 1,900K shares representing 3.90% ownership of the company. No change in the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,515K shares representing 3.11% ownership of the company. In it's prior filing, the firm reported owning 1,498K shares, representing an increase of 1.15%. The firm increased its portfolio allocation in ACA by 12.06% over the last quarter.
Royce & Associates holds 1,424K shares representing 2.92% ownership of the company. In it's prior filing, the firm reported owning 1,473K shares, representing a decrease of 3.42%. The firm increased its portfolio allocation in ACA by 12.61% over the last quarter.
Arcosa Background Information
(This description is provided by the company.)
Arcosa, Inc., headquartered in Dallas, Texas, is a provider of infrastructure-related products and solutions with leading positions in construction, engineered structures, and transportation markets. Arcosa reports its financial results in three principal business segments: the Construction Products segment, the Engineered Structures segment, and the Transportation Products segment.
Additional reading:
SECOND AMENDED AND RESTATED CREDIT AGREEMENT dated as of August 23, 2023 ARCOSA, INC. as Borrower, JPMORGAN CHASE BANK, N.A., as Administrative Agent BANK OF AMERICA, N.A., as Syndication Agent PNC BANK, NATIONAL ASSOCIATION AND WELLS FARGO BANK, NAT
MOVING INFRASTRUCTURE FORWARD | AUGUST 2023 INVESTOR PRESENTATION Exhibit 99.1 2 I MOVING INFRASTRUCTURE FORWARD I 2023 FORWARD LOOKING STATEMENTS Some statements in this presentation, which are not historical facts, are “forward-looking statements”
Form of Non-Employee Director Restricted Stock Unit Agreement for grants commencing in 2023 (filed herewith).
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | The average one-year price target for Arcosa (NYSE:ACA) has been revised to 88.13 / share. Average portfolio weight of all funds dedicated to ACA is 0.28%, an increase of 10.17%. The put/call ratio of ACA is 1.54, indicating a bearish outlook. | The average one-year price target for Arcosa (NYSE:ACA) has been revised to 88.13 / share. Average portfolio weight of all funds dedicated to ACA is 0.28%, an increase of 10.17%. The put/call ratio of ACA is 1.54, indicating a bearish outlook. | The average one-year price target for Arcosa (NYSE:ACA) has been revised to 88.13 / share. Average portfolio weight of all funds dedicated to ACA is 0.28%, an increase of 10.17%. The put/call ratio of ACA is 1.54, indicating a bearish outlook. | The firm increased its portfolio allocation in ACA by 12.16% over the last quarter. The firm increased its portfolio allocation in ACA by 12.06% over the last quarter. The average one-year price target for Arcosa (NYSE:ACA) has been revised to 88.13 / share. |
35254.0 | 2023-08-31 00:00:00 UTC | Arcosa, Inc. (ACA) Hit a 52 Week High, Can the Run Continue? | ACA | https://www.nasdaq.com/articles/arcosa-inc.-aca-hit-a-52-week-high-can-the-run-continue | nan | nan | Shares of Arcosa (ACA) have been strong performers lately, with the stock up 3.3% over the past month. The stock hit a new 52-week high of $78.96 in the previous session. Arcosa has gained 44.7% since the start of the year compared to the 32.4% move for the Zacks Construction sector and the 35.3% return for the Zacks Building Products - Miscellaneous industry.
What's Driving the Outperformance?
The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 3, 2023, Arcosa reported EPS of $0.76 versus consensus estimate of $0.58 while it beat the consensus revenue estimate by 2.63%.
For the current fiscal year, Arcosa is expected to post earnings of $2.82 per share on $2.27 billion in revenues. This represents a 28.77% change in EPS on a 1.23% change in revenues. For the next fiscal year, the company is expected to earn $3.29 per share on $2.49 billion in revenues. This represents a year-over-year change of 16.84% and 9.56%, respectively.
Valuation Metrics
Arcosa may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
Arcosa has a Value Score of A. The stock's Growth and Momentum Scores are C and F, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 27.9X current fiscal year EPS estimates, which is a premium to the peer industry average of 17.6X. On a trailing cash flow basis, the stock currently trades at 14.6X versus its peer group's average of 11.4X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Arcosa currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Arcosa meets the list of requirements. Thus, it seems as though Arcosa shares could have a bit more room to run in the near term.
How Does ACA Stack Up to the Competition?
Shares of ACA have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Janus International Group, Inc. (JBI). JBI has a Zacks Rank of # 1 (Strong Buy) and a Value Score of A, a Growth Score of B, and a Momentum Score of C.
Earnings were strong last quarter. Janus International Group, Inc. beat our consensus estimate by 25%, and for the current fiscal year, JBI is expected to post earnings of $0.92 per share on revenue of $1.08 billion.
Shares of Janus International Group, Inc. have gained 2.5% over the past month, and currently trade at a forward P/E of 12.47X and a P/CF of 11.22X.
The Building Products - Miscellaneous industry is in the top 12% of all the industries we have in our universe, so it looks like there are some nice tailwinds for ACA and JBI, even beyond their own solid fundamental situation.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Shares of Arcosa (ACA) have been strong performers lately, with the stock up 3.3% over the past month. How Does ACA Stack Up to the Competition? Shares of ACA have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Janus International Group, Inc. (JBI) : Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Arcosa (ACA) have been strong performers lately, with the stock up 3.3% over the past month. How Does ACA Stack Up to the Competition? | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Janus International Group, Inc. (JBI) : Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Arcosa (ACA) have been strong performers lately, with the stock up 3.3% over the past month. How Does ACA Stack Up to the Competition? | Shares of Arcosa (ACA) have been strong performers lately, with the stock up 3.3% over the past month. How Does ACA Stack Up to the Competition? Shares of ACA have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? |
35255.0 | 2023-08-29 00:00:00 UTC | Is Arcosa (ACA) Stock Undervalued Right Now? | ACA | https://www.nasdaq.com/articles/is-arcosa-aca-stock-undervalued-right-now | nan | nan | Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One stock to keep an eye on is Arcosa (ACA). ACA is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A.
Another valuation metric that we should highlight is ACA's P/B ratio of 1.64. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. ACA's current P/B looks attractive when compared to its industry's average P/B of 3.96. Over the past year, ACA's P/B has been as high as 1.68 and as low as 1.16, with a median of 1.41.
Finally, investors will want to recognize that ACA has a P/CF ratio of 8.50. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 17.52. Within the past 12 months, ACA's P/CF has been as high as 12.70 and as low as 6.31, with a median of 8.37.
Investors could also keep in mind CRH (CRH), an Building Products - Miscellaneous stock with a Zacks Rank of # 1 (Strong Buy) and Value grade of A.
Shares of CRH are currently trading at a forward earnings multiple of 12.18 and a PEG ratio of 0.75 compared to its industry's P/E and PEG ratios of 13.60 and 1.09, respectively.
Over the last 12 months, CRH's P/E has been as high as 14.56, as low as 9.20, with a median of 12.05, and its PEG ratio has been as high as 5.50, as low as 0.75, with a median of 3.55.
Furthermore, CRH holds a P/B ratio of 1.96 and its industry's price-to-book ratio is 3.96. CRH's P/B has been as high as 2.06, as low as 1.12, with a median of 1.58 over the past 12 months.
These are just a handful of the figures considered in Arcosa and CRH's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that ACA and CRH is an impressive value stock right now.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | One stock to keep an eye on is Arcosa (ACA). ACA is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. Another valuation metric that we should highlight is ACA's P/B ratio of 1.64. | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report CRH PLC (CRH) : Free Stock Analysis Report To read this article on Zacks.com click here. One stock to keep an eye on is Arcosa (ACA). ACA is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report CRH PLC (CRH) : Free Stock Analysis Report To read this article on Zacks.com click here. One stock to keep an eye on is Arcosa (ACA). ACA is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. | One stock to keep an eye on is Arcosa (ACA). ACA is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. Another valuation metric that we should highlight is ACA's P/B ratio of 1.64. |
35256.0 | 2023-08-28 00:00:00 UTC | Is Arcosa (ACA) Stock Outpacing Its Construction Peers This Year? | ACA | https://www.nasdaq.com/articles/is-arcosa-aca-stock-outpacing-its-construction-peers-this-year-1 | nan | nan | The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Arcosa (ACA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
Arcosa is a member of our Construction group, which includes 99 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Arcosa is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for ACA's full-year earnings has moved 14.9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, ACA has gained about 40.8% so far this year. In comparison, Construction companies have returned an average of 28.4%. This means that Arcosa is performing better than its sector in terms of year-to-date returns.
Another Construction stock, which has outperformed the sector so far this year, is Boise Cascade (BCC). The stock has returned 53.1% year-to-date.
The consensus estimate for Boise Cascade's current year EPS has increased 35.7% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Arcosa belongs to the Building Products - Miscellaneous industry, a group that includes 27 individual companies and currently sits at #29 in the Zacks Industry Rank. On average, this group has gained an average of 31% so far this year, meaning that ACA is performing better in terms of year-to-date returns.
In contrast, Boise Cascade falls under the Building Products - Wood industry. Currently, this industry has 12 stocks and is ranked #30. Since the beginning of the year, the industry has moved +14.2%.
Investors interested in the Construction sector may want to keep a close eye on Arcosa and Boise Cascade as they attempt to continue their solid performance.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arcosa (ACA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Within the past quarter, the Zacks Consensus Estimate for ACA's full-year earnings has moved 14.9% higher. Based on the latest available data, ACA has gained about 40.8% so far this year. | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Boise Cascade, L.L.C. Arcosa (ACA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Within the past quarter, the Zacks Consensus Estimate for ACA's full-year earnings has moved 14.9% higher. | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Boise Cascade, L.L.C. Arcosa (ACA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Within the past quarter, the Zacks Consensus Estimate for ACA's full-year earnings has moved 14.9% higher. | Arcosa (ACA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Within the past quarter, the Zacks Consensus Estimate for ACA's full-year earnings has moved 14.9% higher. Based on the latest available data, ACA has gained about 40.8% so far this year. |
35257.0 | 2023-08-22 00:00:00 UTC | Why You Should Add Sherwin-Williams (SHW) to Your Portfolio | ACA | https://www.nasdaq.com/articles/why-you-should-add-sherwin-williams-shw-to-your-portfolio-0 | nan | nan | The Sherwin-Williams Company SHW remains committed to growing its retail operations and is witnessing strong demand in domestic markets.
The company currently sports a Zacks Rank #1 (Strong Buy). We are optimistic about its prospects and believe that the time is right to add the stock to your portfolio as it looks poised to carry the momentum ahead.
Let’s take a look into the factors that make Sherwin-Williams an attractive choice for investors right now.
An Outperformer
Shares of Sherwin-Williams have gained 13.5% over the past year, outperforming the 12.8% rise of its industry.
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Positive Earnings Surprise History
Sherwin-Williams’ earnings outpaced the Zacks Consensus Estimate in all the trailing four quarters, the average being 11%.
Superior Return on Equity (ROE)
Sherwin-Williams’ ROE of 90% compared with the industry average of 69.5% reflects the company’s efficiency in utilizing shareholders’ funds.
Domestic Demand, Cost Actions Aid SHW
Sherwin-Williams is witnessing strong domestic demand and is expanding its retail business. Demand for auto refinishing has been strong in most areas. So far this year, system installs in North America have climbed by double digits, which is likely to help the company's future sales.
As evidenced by the expanding number of retail stores, the company is focused on acquiring a larger share of its end markets. The Paint Stores Group's sales increased 10% in the second quarter, thanks to higher pricing and volume growth in most end markets. The segment margin grew 280 basis points to 24.3%.
Sherwin-Williams' cost-cutting initiatives, supply chain efficiency, and productivity enhancements are expected to continue boosting margins. Significant efforts to reduce operational costs enabled the company to generate significant net cash flows from operations of roughly $1.9 billion in 2022. In the first six months of 2023, the company returned $848.7 million to shareholders in the form of dividends and share repurchases due to strong cash generation.
The company is also focusing on restructuring, which will provide benefits in 2023. Consumer Brands Group, Performance Coatings Group, and corporate business are the focal areas for this restructuring effort. The company expects to save between $50 million and $70 million per year, with 75% projected to be realized by the end of 2023 and a full run rate by 2024 end.
Sherwin-Williams strengthened its position as the global leader in paints and coatings by acquiring Valspar and using its highly complementary offers, powerful brands and ground-breaking technologies. SHW's brand portfolio and customer base in North America have expanded, and the company's global finish business has been strengthened as a result of this acquisition. The acquisition broadened its global footprint to include Asia-Pacific, Europe, the Middle East, and Africa, as well as additional packaging and coil capabilities.
The Sherwin-Williams Company Price and Consensus
The Sherwin-Williams Company price-consensus-chart | The Sherwin-Williams Company Quote
Other Stocks to Consider
Other top-ranked stocks in the Constructions space include Boise Cascade Company BCC, Arcosa Inc. ACA and Century Communities Inc. CCS.
Boise Cascade currently sports a Zacks Rank #1. The Zacks Consensus Estimate for BCC’s current-year earnings has been stable over the past 60 days. It has a trailing four-quarter earnings surprise of 19%, on average. The stock has gained 54.8% over the past year. You can see the complete list of today’s Zacks #1 Rank stocks here.
Arcosa currently carries a Zacks Rank #2 (Buy). ACA’s earnings surpassed the Zacks Consensus Estimate in all the last four quarters. It has delivered a trailing four-quarter earnings surprise of 59.9%, on average. The stock has rallied 40% over the past year.
Century Communities, currently sporting a Zacks Rank #1, has gained 40.3% over the past year. The company’s earnings beat the Zacks Consensus Estimate in all the last four quarters. CCS has a trailing four-quarter earnings surprise of 31.1%, on average.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | The Sherwin-Williams Company Price and Consensus The Sherwin-Williams Company price-consensus-chart | The Sherwin-Williams Company Quote Other Stocks to Consider Other top-ranked stocks in the Constructions space include Boise Cascade Company BCC, Arcosa Inc. ACA and Century Communities Inc. CCS. ACA’s earnings surpassed the Zacks Consensus Estimate in all the last four quarters. (BCC) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. | The Sherwin-Williams Company Price and Consensus The Sherwin-Williams Company price-consensus-chart | The Sherwin-Williams Company Quote Other Stocks to Consider Other top-ranked stocks in the Constructions space include Boise Cascade Company BCC, Arcosa Inc. ACA and Century Communities Inc. CCS. (BCC) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. ACA’s earnings surpassed the Zacks Consensus Estimate in all the last four quarters. | The Sherwin-Williams Company Price and Consensus The Sherwin-Williams Company price-consensus-chart | The Sherwin-Williams Company Quote Other Stocks to Consider Other top-ranked stocks in the Constructions space include Boise Cascade Company BCC, Arcosa Inc. ACA and Century Communities Inc. CCS. ACA’s earnings surpassed the Zacks Consensus Estimate in all the last four quarters. (BCC) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. | The Sherwin-Williams Company Price and Consensus The Sherwin-Williams Company price-consensus-chart | The Sherwin-Williams Company Quote Other Stocks to Consider Other top-ranked stocks in the Constructions space include Boise Cascade Company BCC, Arcosa Inc. ACA and Century Communities Inc. CCS. ACA’s earnings surpassed the Zacks Consensus Estimate in all the last four quarters. (BCC) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. |
35258.0 | 2023-08-16 00:00:00 UTC | Owens Corning Inc (OC) Hit a 52 Week High, Can the Run Continue? | ACA | https://www.nasdaq.com/articles/owens-corning-inc-oc-hit-a-52-week-high-can-the-run-continue-0 | nan | nan | Shares of Owens Corning (OC) have been strong performers lately, with the stock up 2.7% over the past month. The stock hit a new 52-week high of $143.7 in the previous session. Owens Corning has gained 65.6% since the start of the year compared to the 33.9% move for the Zacks Construction sector and the 36.3% return for the Zacks Building Products - Miscellaneous industry.
What's Driving the Outperformance?
The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on July 26, 2023, Owens Corning reported EPS of $4.22 versus consensus estimate of $3.3.
For the current fiscal year, Owens Corning is expected to post earnings of $13.59 per share on $9.67 billion in revenues. This represents a 5.51% change in EPS on a -0.92% change in revenues. For the next fiscal year, the company is expected to earn $13.92 per share on $9.73 billion in revenues. This represents a year-over-year change of 2.38% and 0.63%, respectively.
Valuation Metrics
Owens Corning may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.
Owens Corning has a Value Score of A. The stock's Growth and Momentum Scores are C and B, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 10.4X current fiscal year EPS estimates, which is not in-line with the peer industry average of 17.8X. On a trailing cash flow basis, the stock currently trades at 7X versus its peer group's average of 12.1X. Additionally, the stock has a PEG ratio of 1.32. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Owens Corning currently has a Zacks Rank of #1 (Strong Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Owens Corning passes the test. Thus, it seems as though Owens Corning shares could have a bit more room to run in the near term.
How Does OC Stack Up to the Competition?
Shares of OC have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Arcosa, Inc. (ACA). ACA has a Zacks Rank of # 2 (Buy) and a Value Score of B, a Growth Score of C, and a Momentum Score of F.
Earnings were strong last quarter. Arcosa, Inc. beat our consensus estimate by 31.03%, and for the current fiscal year, ACA is expected to post earnings of $2.82 per share on revenue of $2.27 billion.
Shares of Arcosa, Inc. have gained 1.7% over the past month, and currently trade at a forward P/E of 27.83X and a P/CF of 14.55X.
The Building Products - Miscellaneous industry is in the top 7% of all the industries we have in our universe, so it looks like there are some nice tailwinds for OC and ACA, even beyond their own solid fundamental situation.
Top 5 ChatGPT Stocks Revealed
Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.
Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arcosa, Inc. beat our consensus estimate by 31.03%, and for the current fiscal year, ACA is expected to post earnings of $2.82 per share on revenue of $2.27 billion. One industry peer that looks good is Arcosa, Inc. (ACA). ACA has a Zacks Rank of # 2 (Buy) and a Value Score of B, a Growth Score of C, and a Momentum Score of F. Earnings were strong last quarter. | Click to get this free report Owens Corning Inc (OC) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. One industry peer that looks good is Arcosa, Inc. (ACA). ACA has a Zacks Rank of # 2 (Buy) and a Value Score of B, a Growth Score of C, and a Momentum Score of F. Earnings were strong last quarter. | Click to get this free report Owens Corning Inc (OC) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. One industry peer that looks good is Arcosa, Inc. (ACA). ACA has a Zacks Rank of # 2 (Buy) and a Value Score of B, a Growth Score of C, and a Momentum Score of F. Earnings were strong last quarter. | One industry peer that looks good is Arcosa, Inc. (ACA). ACA has a Zacks Rank of # 2 (Buy) and a Value Score of B, a Growth Score of C, and a Momentum Score of F. Earnings were strong last quarter. Arcosa, Inc. beat our consensus estimate by 31.03%, and for the current fiscal year, ACA is expected to post earnings of $2.82 per share on revenue of $2.27 billion. |
35259.0 | 2023-08-15 00:00:00 UTC | ACA Quantitative Stock Analysis - Peter Lynch | ACA | https://www.nasdaq.com/articles/aca-quantitative-stock-analysis-peter-lynch | nan | nan | Below is Validea's guru fundamental report for ARCOSA INC (ACA). Of the 22 guru strategies we follow, ACA rates highest using our P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.
ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. The rating using this strategy is 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of ARCOSA INC
ACA Guru Analysis
ACA Fundamental Analysis
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Peter Lynch Portfolio
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About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Below is Validea's guru fundamental report for ARCOSA INC (ACA). Of the 22 guru strategies we follow, ACA rates highest using our P/E/Growth Investor model based on the published strategy of Peter Lynch. ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. | Of the 22 guru strategies we follow, ACA rates highest using our P/E/Growth Investor model based on the published strategy of Peter Lynch. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis More Information on Peter Lynch Peter Lynch Portfolio Top Peter Lynch Stocks About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Below is Validea's guru fundamental report for ARCOSA INC (ACA). | Of the 22 guru strategies we follow, ACA rates highest using our P/E/Growth Investor model based on the published strategy of Peter Lynch. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis More Information on Peter Lynch Peter Lynch Portfolio Top Peter Lynch Stocks About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Below is Validea's guru fundamental report for ARCOSA INC (ACA). | Below is Validea's guru fundamental report for ARCOSA INC (ACA). Of the 22 guru strategies we follow, ACA rates highest using our P/E/Growth Investor model based on the published strategy of Peter Lynch. ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. |
35260.0 | 2023-08-14 00:00:00 UTC | 5 Low-Leverage Stocks to Buy Amid Unstable Market Trends | ACA | https://www.nasdaq.com/articles/5-low-leverage-stocks-to-buy-amid-unstable-market-trends | nan | nan | U.S. stock indices, Nasdaq and S&P 500, slipped on Aug 11, as higher-than-expected U.S. producer prices data pushed Treasury yields higher. Considering the current situation, an investor might not be encouraged to invest in the stock market. However, a prudent investor knows that this is the right time to buy stocks that are safe bets.
In the current scenario, we recommend stocks like Arcosa ACA, PulteGroup PHM, Livent LTHM, Atmos Energy ATO and Teekay Tankers TNK, which bear low leverage. These picks can shield investors from incurring losses in times of crisis.
Now, before selecting low-leverage stocks, let’s explore what leverage is and how choosing a low-leverage stock helps investors.
In finance, leverage is a term used to denote the practice of borrowing capital by companies to run their operations smoothly and expand the same. Such borrowings are done through debt financing. But there remains an option for equity finance. This is probably due to the cheap and easy availability of debt over equity financing.
However, debt financing has its share of drawbacks. Particularly, it is desirable only as long as it successfully generates a higher rate of return compared to the interest rate. So, to avoid considerable losses in your portfolio, one should always avoid companies that resort to exorbitant debt financing.
The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find.
The equity market can be volatile at times and as an investor, if you don’t want to lose big time, we suggest you invest in stocks, which bear low leverage and are hence less risky.
To identify such stocks, historically, several leverage ratios have been developed to measure the amount of debt a company bears and the debt-to-equity ratio is one of the most common ratios.
Analyzing Debt/Equity
Debt-to-Equity Ratio = Total Liabilities/Shareholders’ Equity
This metric is a liquidity ratio that indicates the amount of financial risk a company bears. A lower debt-to-equity ratio reflects improved solvency for a company.
With the second-quarter earnings cycle almost in its last lap, investors must be eyeing stocks that have exhibited solid earnings growth in the recent past. But if a stock bears a high debt-to-equity ratio in times of economic downturn, its so-called booming earnings picture might turn into a nightmare.
The Winning Strategy
Considering the aforementioned factors, it is prudent to choose stocks with a low debt-to-equity ratio to ensure steady returns.
Yet, an investment strategy based solely on the debt-to-equity ratio might not fetch the desired outcome. To choose stocks that have the potential to give you steady returns, we have expanded our screening criteria to include some other factors.
Here are the other parameters:
Debt/Equity less than X-Industry Median: Stocks that are less leveraged than their industry peers.
Current Price greater than or equal to 10: The stocks must be trading at a minimum of $10 or above.
Average 20-day Volume greater than or equal to 50000: A substantial trading volume ensures that the stock is easily tradable.
Percentage Change in EPS F(0)/F(-1) greater than X-Industry Median: Earnings growth adds to optimism, leading to a stock’s price appreciation.
VGM Score of A or B: Our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1 (Strong Buy) or 2 (Buy), offer the best upside potential.
Estimated One-Year EPS Growth F(1)/F(0) greater than 5: This shows earnings growth expectation.
Zacks Rank #1 or 2: Irrespective of market conditions, stocks with a Zacks Rank #1 or 2 have a proven history of success.
Excluding stocks that have a negative or a zero debt-to-equity ratio, here we present our five picks out of the 21 stocks that made it through the screen.
Arcosa: It is a manufacturer of infrastructure-related products and services, which serve construction, energy and transportation markets. On Aug 3, 2023, Arcosa announced its second- quarter 2023 results. Its second-quarter revenues worth $584.8 million went down 3% year over year. The company increased the low end of its 2023 revenue guidance range to $2.25-$2.30 billion.
ACA delivered an earnings surprise of 47.51%, on average, in the trailing four quarters. It holds a Zacks Rank #2 currently. The Zacks Consensus Estimate for 2023 sales implies a 1.2% improvement from the 2022 reported figure.
PulteGroup: It engages in homebuilding and financial services businesses, primarily in the United States. On Jul 27, 2023, the company reported its second-quarter 2023 results. Its net new orders increased 24% from last year, while home sale revenues for the second quarter increased 8% from the prior year to $4.1 billion.
PHM currently sports a Zacks Rank #1. The company delivered an earnings surprise of 19.51% on average in the trailing four quarters. The Zacks Consensus Estimate for 2023 sales suggests a 0.4% improvement year over year.
Livent: It offers lithium chemicals for applications in batteries, agrochemicals, aerospace alloys, greases, pharmaceuticals, polymers, and various industrial applications. On Aug 3, 2023, the company reported its second-quarter 2023 results. Its revenues were $235.8 million, up 8% from the second quarter of 2022, while net income increased 50.3% year over year.
LTHM currently carries a Zacks Rank #2. The company delivered an earnings surprise of 18.96% on average in the trailing four quarters. The Zacks Consensus Estimate for LTHM’s 2023 sales indicates a 36.2% improvement from the 2022 reported figure. You can see the complete list of today’s Zacks #1 Rank stocks here.
Atmos Energy: It is engaged in the regulated natural gas distribution and storage business. The company serves nearly 3.4 million customers in more than 1,400 communities in eight U.S. states. On Aug 2, 2023, the company reported its third-quarter fiscal 2023 results. Its operating revenues of $662.7 million went down 18.8% year over year.
ATO currently carries a Zacks Rank #2. The company delivered an earnings surprise of 2.40% on average in the trailing four quarters. The Zacks Consensus Estimate for ATO’s fiscal 2023 sales suggests an 18.2% improvement from the fiscal 2022 reported figure.
Teekay Tankers: It provides international marine transportation of crude oil and owns a fleet of nine double-hull Aframax-class oil tankers. On Aug 3, 2023, the company reported its second-quarter 2023 results. Its total revenues of $370.6 million were up from $242.4 million at the end of second-quarter 2022.
TNK currently carries a Zacks Rank #2. The company boasts a long-term earnings growth rate of 3%. The Zacks Consensus Estimate for TNK’s 2023 sales suggests a 53.3% improvement from 2022 reported figure.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and backtest them first before taking the investment plunge.
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Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention.
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PulteGroup, Inc. (PHM) : Free Stock Analysis Report
Atmos Energy Corporation (ATO) : Free Stock Analysis Report
Teekay Tankers Ltd. (TNK) : Free Stock Analysis Report
Livent Corporation (LTHM) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | In the current scenario, we recommend stocks like Arcosa ACA, PulteGroup PHM, Livent LTHM, Atmos Energy ATO and Teekay Tankers TNK, which bear low leverage. ACA delivered an earnings surprise of 47.51%, on average, in the trailing four quarters. Click to get this free report PulteGroup, Inc. (PHM) : Free Stock Analysis Report Atmos Energy Corporation (ATO) : Free Stock Analysis Report Teekay Tankers Ltd. (TNK) : Free Stock Analysis Report Livent Corporation (LTHM) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. | In the current scenario, we recommend stocks like Arcosa ACA, PulteGroup PHM, Livent LTHM, Atmos Energy ATO and Teekay Tankers TNK, which bear low leverage. Click to get this free report PulteGroup, Inc. (PHM) : Free Stock Analysis Report Atmos Energy Corporation (ATO) : Free Stock Analysis Report Teekay Tankers Ltd. (TNK) : Free Stock Analysis Report Livent Corporation (LTHM) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. ACA delivered an earnings surprise of 47.51%, on average, in the trailing four quarters. | Click to get this free report PulteGroup, Inc. (PHM) : Free Stock Analysis Report Atmos Energy Corporation (ATO) : Free Stock Analysis Report Teekay Tankers Ltd. (TNK) : Free Stock Analysis Report Livent Corporation (LTHM) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. In the current scenario, we recommend stocks like Arcosa ACA, PulteGroup PHM, Livent LTHM, Atmos Energy ATO and Teekay Tankers TNK, which bear low leverage. ACA delivered an earnings surprise of 47.51%, on average, in the trailing four quarters. | In the current scenario, we recommend stocks like Arcosa ACA, PulteGroup PHM, Livent LTHM, Atmos Energy ATO and Teekay Tankers TNK, which bear low leverage. ACA delivered an earnings surprise of 47.51%, on average, in the trailing four quarters. Click to get this free report PulteGroup, Inc. (PHM) : Free Stock Analysis Report Atmos Energy Corporation (ATO) : Free Stock Analysis Report Teekay Tankers Ltd. (TNK) : Free Stock Analysis Report Livent Corporation (LTHM) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. |
35261.0 | 2023-08-10 00:00:00 UTC | Are Construction Stocks Lagging Arcosa (ACA) This Year? | ACA | https://www.nasdaq.com/articles/are-construction-stocks-lagging-arcosa-aca-this-year-1 | nan | nan | For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Arcosa (ACA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.
Arcosa is a member of the Construction sector. This group includes 99 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Arcosa is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for ACA's full-year earnings has moved 14.9% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, ACA has returned 41.7% so far this year. At the same time, Construction stocks have gained an average of 34%. This means that Arcosa is outperforming the sector as a whole this year.
Another stock in the Construction sector, Boise Cascade (BCC), has outperformed the sector so far this year. The stock's year-to-date return is 59%.
In Boise Cascade's case, the consensus EPS estimate for the current year increased 35.7% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Arcosa belongs to the Building Products - Miscellaneous industry, which includes 27 individual stocks and currently sits at #11 in the Zacks Industry Rank. On average, stocks in this group have gained 36.9% this year, meaning that ACA is performing better in terms of year-to-date returns.
On the other hand, Boise Cascade belongs to the Building Products - Wood industry. This 12-stock industry is currently ranked #27. The industry has moved +20.2% year to date.
Going forward, investors interested in Construction stocks should continue to pay close attention to Arcosa and Boise Cascade as they could maintain their solid performance.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
Boise Cascade, L.L.C. (BCC) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arcosa (ACA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? On average, stocks in this group have gained 36.9% this year, meaning that ACA is performing better in terms of year-to-date returns. Over the past three months, the Zacks Consensus Estimate for ACA's full-year earnings has moved 14.9% higher. | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Boise Cascade, L.L.C. Arcosa (ACA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Over the past three months, the Zacks Consensus Estimate for ACA's full-year earnings has moved 14.9% higher. | Arcosa (ACA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Over the past three months, the Zacks Consensus Estimate for ACA's full-year earnings has moved 14.9% higher. Based on the most recent data, ACA has returned 41.7% so far this year. | Arcosa (ACA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? On average, stocks in this group have gained 36.9% this year, meaning that ACA is performing better in terms of year-to-date returns. Over the past three months, the Zacks Consensus Estimate for ACA's full-year earnings has moved 14.9% higher. |
35262.0 | 2023-08-09 00:00:00 UTC | Biden highlights economic transformation at New Mexico wind tower plant | ACA | https://www.nasdaq.com/articles/biden-highlights-economic-transformation-at-new-mexico-wind-tower-plant | nan | nan | By Nandita Bose
BELEN, New Mexico, Aug 9 (Reuters) - U.S. President Joe Biden took his economic pitch to New Mexico on Wednesday to boast how his signature legislation helped turn a previously shuttered facility into a wind tower manufacturing facility.
Biden, a Democrat who is running for reelection, said the Arcosa plant is the latest piece of evidence that the country is on the cusp of a clean energy manufacturing boom spurred in part by billions of dollars in tax credits included in his Inflation Reduction Act (IRA), which was passed in Congress without Republican votes last year.
Biden is in the middle of a three-state swing through the American West to invigorate his reelection bid by touting the economy and new infrastructure projects to an American public still unhappy about the direction of the country.
Biden said previous administrations promised to invest in U.S. manufacturing, only to see jobs and capital move abroad. He said the historic investments from the IRA law, combined with stringent requirements to force companies to build supply chains domestically, have reversed that trend.
“I decided we are going to invest in America.” Biden said.
Antonio Carrillo, CEO of Arcosa ACA.N, said his company and the wind power industry were struggling before the infusion of new funds from Washington. After the IRA passed, he said he received its biggest order for wind towers.
The White House and the Biden campaign are eager to win over skeptical Americans about the effectiveness of his policies to boost the economy and fight global warming.
Recent polls show a steep learning curve, even though the U.S. economy has outrun recession warnings with record-low unemployment, strong wage gains and better-than-expected GDP growth.
Some Americans who voted for Biden in 2020 say they believe the economy has fared poorly under his stewardship and they might not vote for him in the 2024 election, according to a Reuters/Ipsos poll released last week.
About half of the respondents who voted for Biden in 2020 said they have heard little or nothing of his major policy initiatives to reduce inflation or boost spending on infrastructure.
(Reporting by Nandita Bose, Jeff Mason and Jarrett Renshaw; Editing by Simon Cameron-Moore and Jonathan Oatis)
((jeff.mason@thomsonreuters.com; +1 202 898 8300; On Twitter: @jeffmason1; Reuters Messaging: jeff.mason.thomsonreuters.com@thomsonreuters.net))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Antonio Carrillo, CEO of Arcosa ACA.N, said his company and the wind power industry were struggling before the infusion of new funds from Washington. Biden, a Democrat who is running for reelection, said the Arcosa plant is the latest piece of evidence that the country is on the cusp of a clean energy manufacturing boom spurred in part by billions of dollars in tax credits included in his Inflation Reduction Act (IRA), which was passed in Congress without Republican votes last year. He said the historic investments from the IRA law, combined with stringent requirements to force companies to build supply chains domestically, have reversed that trend. | Antonio Carrillo, CEO of Arcosa ACA.N, said his company and the wind power industry were struggling before the infusion of new funds from Washington. By Nandita Bose BELEN, New Mexico, Aug 9 (Reuters) - U.S. President Joe Biden took his economic pitch to New Mexico on Wednesday to boast how his signature legislation helped turn a previously shuttered facility into a wind tower manufacturing facility. After the IRA passed, he said he received its biggest order for wind towers. | Antonio Carrillo, CEO of Arcosa ACA.N, said his company and the wind power industry were struggling before the infusion of new funds from Washington. By Nandita Bose BELEN, New Mexico, Aug 9 (Reuters) - U.S. President Joe Biden took his economic pitch to New Mexico on Wednesday to boast how his signature legislation helped turn a previously shuttered facility into a wind tower manufacturing facility. Biden, a Democrat who is running for reelection, said the Arcosa plant is the latest piece of evidence that the country is on the cusp of a clean energy manufacturing boom spurred in part by billions of dollars in tax credits included in his Inflation Reduction Act (IRA), which was passed in Congress without Republican votes last year. | Antonio Carrillo, CEO of Arcosa ACA.N, said his company and the wind power industry were struggling before the infusion of new funds from Washington. By Nandita Bose BELEN, New Mexico, Aug 9 (Reuters) - U.S. President Joe Biden took his economic pitch to New Mexico on Wednesday to boast how his signature legislation helped turn a previously shuttered facility into a wind tower manufacturing facility. Biden, a Democrat who is running for reelection, said the Arcosa plant is the latest piece of evidence that the country is on the cusp of a clean energy manufacturing boom spurred in part by billions of dollars in tax credits included in his Inflation Reduction Act (IRA), which was passed in Congress without Republican votes last year. |
35263.0 | 2023-08-09 00:00:00 UTC | Stephens & Co. Maintains Arcosa (ACA) Equal-Weight Recommendation | ACA | https://www.nasdaq.com/articles/stephens-co.-maintains-arcosa-aca-equal-weight-recommendation | nan | nan | Fintel reports that on August 8, 2023, Stephens & Co. maintained coverage of Arcosa (NYSE:ACA) with a Equal-Weight recommendation.
Analyst Price Forecast Suggests 9.13% Upside
As of August 2, 2023, the average one-year price target for Arcosa is 83.23. The forecasts range from a low of 77.77 to a high of $89.25. The average price target represents an increase of 9.13% from its latest reported closing price of 76.27.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Arcosa is 2,168MM, a decrease of 3.14%. The projected annual non-GAAP EPS is 1.84.
Arcosa Declares $0.05 Dividend
On May 9, 2023 the company declared a regular quarterly dividend of $0.05 per share ($0.20 annualized). Shareholders of record as of July 14, 2023 received the payment on July 31, 2023. Previously, the company paid $0.05 per share.
At the current share price of $76.27 / share, the stock's dividend yield is 0.26%.
Looking back five years and taking a sample every week, the average dividend yield has been 0.44%, the lowest has been 0.26%, and the highest has been 0.84%. The standard deviation of yields is 0.12 (n=224).
The current dividend yield is 1.42 standard deviations below the historical average.
Additionally, the company's dividend payout ratio is 0.03. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company has not increased its dividend in the last three years.
What is the Fund Sentiment?
There are 614 funds or institutions reporting positions in Arcosa. This is a decrease of 5 owner(s) or 0.81% in the last quarter. Average portfolio weight of all funds dedicated to ACA is 0.27%, an increase of 4.56%. Total shares owned by institutions decreased in the last three months by 3.07% to 55,384K shares.
The put/call ratio of ACA is 1.64, indicating a bearish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 3,522K shares representing 7.22% ownership of the company. In it's prior filing, the firm reported owning 3,583K shares, representing a decrease of 1.74%. The firm increased its portfolio allocation in ACA by 10.91% over the last quarter.
SMCWX - SMALLCAP WORLD FUND INC holds 3,197K shares representing 6.56% ownership of the company. In it's prior filing, the firm reported owning 3,868K shares, representing a decrease of 20.98%. The firm decreased its portfolio allocation in ACA by 10.32% over the last quarter.
Alliancebernstein holds 2,156K shares representing 4.42% ownership of the company. In it's prior filing, the firm reported owning 2,437K shares, representing a decrease of 13.04%. The firm decreased its portfolio allocation in ACA by 2.19% over the last quarter.
Capital World Investors holds 1,900K shares representing 3.90% ownership of the company. No change in the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,498K shares representing 3.07% ownership of the company. In it's prior filing, the firm reported owning 1,479K shares, representing an increase of 1.27%. The firm increased its portfolio allocation in ACA by 8.62% over the last quarter.
Arcosa Background Information
(This description is provided by the company.)
Arcosa, Inc., headquartered in Dallas, Texas, is a provider of infrastructure-related products and solutions with leading positions in construction, engineered structures, and transportation markets. Arcosa reports its financial results in three principal business segments: the Construction Products segment, the Engineered Structures segment, and the Transportation Products segment.
Additional reading:
Form of Non-Employee Director Restricted Stock Unit Agreement for grants commencing in 2023 (filed herewith).
Amendment Number Three to the Amended and Restated Credit Agreement dated as of May 8, 2023 by and among Arcosa, Inc., as borrower, the lenders thereto, JPMorgan Chase Bank, National Association, as administrative agent (filed herewith).
Mine Safety Disclosure Exhibit (filed herewith).
972.942.6500 arcosa.com
MOVING INFRASTRUCTURE FORWARD | MAY 2023 INVESTOR PRESENTATION Exhibit 99.1 2 I MOVING INFRASTRUCTURE FORWARD I 2023 FORWARD LOOKING STATEMENTS Some statements in this presentation, which are not historical facts, are “forward-looking statements” as
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Fintel reports that on August 8, 2023, Stephens & Co. maintained coverage of Arcosa (NYSE:ACA) with a Equal-Weight recommendation. Average portfolio weight of all funds dedicated to ACA is 0.27%, an increase of 4.56%. The put/call ratio of ACA is 1.64, indicating a bearish outlook. | Fintel reports that on August 8, 2023, Stephens & Co. maintained coverage of Arcosa (NYSE:ACA) with a Equal-Weight recommendation. Average portfolio weight of all funds dedicated to ACA is 0.27%, an increase of 4.56%. The put/call ratio of ACA is 1.64, indicating a bearish outlook. | Fintel reports that on August 8, 2023, Stephens & Co. maintained coverage of Arcosa (NYSE:ACA) with a Equal-Weight recommendation. Average portfolio weight of all funds dedicated to ACA is 0.27%, an increase of 4.56%. The put/call ratio of ACA is 1.64, indicating a bearish outlook. | Fintel reports that on August 8, 2023, Stephens & Co. maintained coverage of Arcosa (NYSE:ACA) with a Equal-Weight recommendation. Average portfolio weight of all funds dedicated to ACA is 0.27%, an increase of 4.56%. The put/call ratio of ACA is 1.64, indicating a bearish outlook. |
35264.0 | 2023-08-08 00:00:00 UTC | DA Davidson Maintains Arcosa (ACA) Buy Recommendation | ACA | https://www.nasdaq.com/articles/da-davidson-maintains-arcosa-aca-buy-recommendation-0 | nan | nan | Fintel reports that on August 7, 2023, DA Davidson maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation.
Analyst Price Forecast Suggests 6.38% Upside
As of August 2, 2023, the average one-year price target for Arcosa is 83.23. The forecasts range from a low of 77.77 to a high of $89.25. The average price target represents an increase of 6.38% from its latest reported closing price of 78.24.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Arcosa is 2,168MM, a decrease of 3.14%. The projected annual non-GAAP EPS is 1.84.
Arcosa Declares $0.05 Dividend
On May 9, 2023 the company declared a regular quarterly dividend of $0.05 per share ($0.20 annualized). Shareholders of record as of July 14, 2023 received the payment on July 31, 2023. Previously, the company paid $0.05 per share.
At the current share price of $78.24 / share, the stock's dividend yield is 0.26%.
Looking back five years and taking a sample every week, the average dividend yield has been 0.44%, the lowest has been 0.26%, and the highest has been 0.84%. The standard deviation of yields is 0.12 (n=224).
The current dividend yield is 1.48 standard deviations below the historical average.
Additionally, the company's dividend payout ratio is 0.03. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company has not increased its dividend in the last three years.
What is the Fund Sentiment?
There are 614 funds or institutions reporting positions in Arcosa. This is a decrease of 3 owner(s) or 0.49% in the last quarter. Average portfolio weight of all funds dedicated to ACA is 0.27%, an increase of 16.88%. Total shares owned by institutions decreased in the last three months by 0.53% to 55,395K shares.
The put/call ratio of ACA is 1.70, indicating a bearish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 3,522K shares representing 7.22% ownership of the company. In it's prior filing, the firm reported owning 3,583K shares, representing a decrease of 1.74%. The firm increased its portfolio allocation in ACA by 10.91% over the last quarter.
SMCWX - SMALLCAP WORLD FUND INC holds 3,197K shares representing 6.56% ownership of the company. In it's prior filing, the firm reported owning 3,868K shares, representing a decrease of 20.98%. The firm decreased its portfolio allocation in ACA by 10.32% over the last quarter.
Alliancebernstein holds 2,156K shares representing 4.42% ownership of the company. In it's prior filing, the firm reported owning 2,437K shares, representing a decrease of 13.04%. The firm decreased its portfolio allocation in ACA by 2.19% over the last quarter.
Capital World Investors holds 1,900K shares representing 3.90% ownership of the company. No change in the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,498K shares representing 3.07% ownership of the company. In it's prior filing, the firm reported owning 1,479K shares, representing an increase of 1.27%. The firm increased its portfolio allocation in ACA by 8.62% over the last quarter.
Arcosa Background Information
(This description is provided by the company.)
Arcosa, Inc., headquartered in Dallas, Texas, is a provider of infrastructure-related products and solutions with leading positions in construction, engineered structures, and transportation markets. Arcosa reports its financial results in three principal business segments: the Construction Products segment, the Engineered Structures segment, and the Transportation Products segment.
Additional reading:
Form of Non-Employee Director Restricted Stock Unit Agreement for grants commencing in 2023 (filed herewith).
Amendment Number Three to the Amended and Restated Credit Agreement dated as of May 8, 2023 by and among Arcosa, Inc., as borrower, the lenders thereto, JPMorgan Chase Bank, National Association, as administrative agent (filed herewith).
Mine Safety Disclosure Exhibit (filed herewith).
972.942.6500 arcosa.com
MOVING INFRASTRUCTURE FORWARD | MAY 2023 INVESTOR PRESENTATION Exhibit 99.1 2 I MOVING INFRASTRUCTURE FORWARD I 2023 FORWARD LOOKING STATEMENTS Some statements in this presentation, which are not historical facts, are “forward-looking statements” as
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Fintel reports that on August 7, 2023, DA Davidson maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.27%, an increase of 16.88%. The put/call ratio of ACA is 1.70, indicating a bearish outlook. | Fintel reports that on August 7, 2023, DA Davidson maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.27%, an increase of 16.88%. The put/call ratio of ACA is 1.70, indicating a bearish outlook. | Fintel reports that on August 7, 2023, DA Davidson maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.27%, an increase of 16.88%. The put/call ratio of ACA is 1.70, indicating a bearish outlook. | Fintel reports that on August 7, 2023, DA Davidson maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.27%, an increase of 16.88%. The put/call ratio of ACA is 1.70, indicating a bearish outlook. |
35265.0 | 2023-08-08 00:00:00 UTC | Loop Capital Maintains Arcosa (ACA) Buy Recommendation | ACA | https://www.nasdaq.com/articles/loop-capital-maintains-arcosa-aca-buy-recommendation-0 | nan | nan | Fintel reports that on August 7, 2023, Loop Capital maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation.
Analyst Price Forecast Suggests 6.38% Upside
As of August 2, 2023, the average one-year price target for Arcosa is 83.23. The forecasts range from a low of 77.77 to a high of $89.25. The average price target represents an increase of 6.38% from its latest reported closing price of 78.24.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Arcosa is 2,168MM, a decrease of 3.14%. The projected annual non-GAAP EPS is 1.84.
Arcosa Declares $0.05 Dividend
On May 9, 2023 the company declared a regular quarterly dividend of $0.05 per share ($0.20 annualized). Shareholders of record as of July 14, 2023 received the payment on July 31, 2023. Previously, the company paid $0.05 per share.
At the current share price of $78.24 / share, the stock's dividend yield is 0.26%.
Looking back five years and taking a sample every week, the average dividend yield has been 0.44%, the lowest has been 0.26%, and the highest has been 0.84%. The standard deviation of yields is 0.12 (n=224).
The current dividend yield is 1.48 standard deviations below the historical average.
Additionally, the company's dividend payout ratio is 0.03. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company has not increased its dividend in the last three years.
What is the Fund Sentiment?
There are 614 funds or institutions reporting positions in Arcosa. This is a decrease of 3 owner(s) or 0.49% in the last quarter. Average portfolio weight of all funds dedicated to ACA is 0.27%, an increase of 16.88%. Total shares owned by institutions decreased in the last three months by 0.53% to 55,395K shares.
The put/call ratio of ACA is 1.70, indicating a bearish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 3,522K shares representing 7.22% ownership of the company. In it's prior filing, the firm reported owning 3,583K shares, representing a decrease of 1.74%. The firm increased its portfolio allocation in ACA by 10.91% over the last quarter.
SMCWX - SMALLCAP WORLD FUND INC holds 3,197K shares representing 6.56% ownership of the company. In it's prior filing, the firm reported owning 3,868K shares, representing a decrease of 20.98%. The firm decreased its portfolio allocation in ACA by 10.32% over the last quarter.
Alliancebernstein holds 2,156K shares representing 4.42% ownership of the company. In it's prior filing, the firm reported owning 2,437K shares, representing a decrease of 13.04%. The firm decreased its portfolio allocation in ACA by 2.19% over the last quarter.
Capital World Investors holds 1,900K shares representing 3.90% ownership of the company. No change in the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,498K shares representing 3.07% ownership of the company. In it's prior filing, the firm reported owning 1,479K shares, representing an increase of 1.27%. The firm increased its portfolio allocation in ACA by 8.62% over the last quarter.
Arcosa Background Information
(This description is provided by the company.)
Arcosa, Inc., headquartered in Dallas, Texas, is a provider of infrastructure-related products and solutions with leading positions in construction, engineered structures, and transportation markets. Arcosa reports its financial results in three principal business segments: the Construction Products segment, the Engineered Structures segment, and the Transportation Products segment.
Additional reading:
Form of Non-Employee Director Restricted Stock Unit Agreement for grants commencing in 2023 (filed herewith).
Amendment Number Three to the Amended and Restated Credit Agreement dated as of May 8, 2023 by and among Arcosa, Inc., as borrower, the lenders thereto, JPMorgan Chase Bank, National Association, as administrative agent (filed herewith).
Mine Safety Disclosure Exhibit (filed herewith).
972.942.6500 arcosa.com
MOVING INFRASTRUCTURE FORWARD | MAY 2023 INVESTOR PRESENTATION Exhibit 99.1 2 I MOVING INFRASTRUCTURE FORWARD I 2023 FORWARD LOOKING STATEMENTS Some statements in this presentation, which are not historical facts, are “forward-looking statements” as
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Fintel reports that on August 7, 2023, Loop Capital maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.27%, an increase of 16.88%. The put/call ratio of ACA is 1.70, indicating a bearish outlook. | Fintel reports that on August 7, 2023, Loop Capital maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.27%, an increase of 16.88%. The put/call ratio of ACA is 1.70, indicating a bearish outlook. | Fintel reports that on August 7, 2023, Loop Capital maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.27%, an increase of 16.88%. The put/call ratio of ACA is 1.70, indicating a bearish outlook. | Fintel reports that on August 7, 2023, Loop Capital maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.27%, an increase of 16.88%. The put/call ratio of ACA is 1.70, indicating a bearish outlook. |
35266.0 | 2023-08-03 00:00:00 UTC | Arcosa (ACA) Surpasses Q2 Earnings and Revenue Estimates | ACA | https://www.nasdaq.com/articles/arcosa-aca-surpasses-q2-earnings-and-revenue-estimates | nan | nan | Arcosa (ACA) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 31.03%. A quarter ago, it was expected that this provider of infrastructure-related products and services would post earnings of $0.50 per share when it actually produced earnings of $1.06, delivering a surprise of 112%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Arcosa, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $584.8 million for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 2.63%. This compares to year-ago revenues of $602.8 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Arcosa shares have added about 40% since the beginning of the year versus the S&P 500's gain of 17.6%.
What's Next for Arcosa?
While Arcosa has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Arcosa: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.65 on $580.6 million in revenues for the coming quarter and $2.77 on $2.24 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Miscellaneous is currently in the top 7% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Hillman Solutions Corp. (HLMN), has yet to report results for the quarter ended June 2023. The results are expected to be released on August 8.
This company is expected to post quarterly earnings of $0.09 per share in its upcoming report, which represents a year-over-year change of -35.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Hillman Solutions Corp.'s revenues are expected to be $395.35 million, up 0.3% from the year-ago quarter.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arcosa (ACA) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.58 per share. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Hillman Solutions Corp. (HLMN) : Free Stock Analysis Report To read this article on Zacks.com click here. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Hillman Solutions Corp. (HLMN) : Free Stock Analysis Report To read this article on Zacks.com click here. Arcosa (ACA) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.58 per share. Arcosa, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $584.8 million for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 2.63%. | Arcosa (ACA) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.58 per share. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Hillman Solutions Corp. (HLMN) : Free Stock Analysis Report To read this article on Zacks.com click here. Arcosa, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $584.8 million for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 2.63%. | Arcosa (ACA) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.58 per share. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Hillman Solutions Corp. (HLMN) : Free Stock Analysis Report To read this article on Zacks.com click here. The company has topped consensus revenue estimates four times over the last four quarters. |
35267.0 | 2023-07-27 00:00:00 UTC | Masco (MAS) Q2 Earnings and Revenues Top Estimates | ACA | https://www.nasdaq.com/articles/masco-mas-q2-earnings-and-revenues-top-estimates | nan | nan | Masco (MAS) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $1.14 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 23.96%. A quarter ago, it was expected that this maker of Behr paint, Delta faucets and other building products would post earnings of $0.65 per share when it actually produced earnings of $0.87, delivering a surprise of 33.85%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Masco, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $2.13 billion for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 1.52%. This compares to year-ago revenues of $2.35 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Masco shares have added about 32% since the beginning of the year versus the S&P 500's gain of 18.9%.
What's Next for Masco?
While Masco has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Masco: favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.86 on $2 billion in revenues for the coming quarter and $3.37 on $7.9 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Miscellaneous is currently in the top 5% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Arcosa (ACA), another stock in the same industry, has yet to report results for the quarter ended June 2023. The results are expected to be released on August 3.
This provider of infrastructure-related products and services is expected to post quarterly earnings of $0.58 per share in its upcoming report, which represents a year-over-year change of -30.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Arcosa's revenues are expected to be $569.8 million, down 5.5% from the year-ago quarter.
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Masco Corporation (MAS) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arcosa (ACA), another stock in the same industry, has yet to report results for the quarter ended June 2023. Click to get this free report Masco Corporation (MAS) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. | Click to get this free report Masco Corporation (MAS) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Arcosa (ACA), another stock in the same industry, has yet to report results for the quarter ended June 2023. Masco, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $2.13 billion for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 1.52%. | Click to get this free report Masco Corporation (MAS) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Arcosa (ACA), another stock in the same industry, has yet to report results for the quarter ended June 2023. Masco, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $2.13 billion for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 1.52%. | Arcosa (ACA), another stock in the same industry, has yet to report results for the quarter ended June 2023. Click to get this free report Masco Corporation (MAS) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Masco (MAS) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $0.96 per share. |
35268.0 | 2023-07-26 00:00:00 UTC | Zacks.com featured highlights Arcosa, Trip.com, Autohome and RLI | ACA | https://www.nasdaq.com/articles/zacks.com-featured-highlights-arcosa-trip.com-autohome-and-rli | nan | nan | For Immediate Release
Chicago, IL – July 26, 2023 – Stocks in this week’s article are Arcosa Inc. ACA, Trip.com Group Ltd. TCOM, Autohome Inc. ATHM and RLI Corp. RLI.
Buy These 4 Low-Beta Stocks to Counter a Choppy Market
There have been signs of disinflation, which could be encouraging. But, with slowing U.S. business activity and expectations of tepid second-quarter earnings, the broader market will likely be extremely volatile. Hence, creating a portfolio of low-beta stocks is of utmost importance since the securities will deliver healthy returns and shield against choppy market conditions.
In this regard, stocks like Arcosa Inc., Trip.com Group Ltd., Autohome Inc. and RLI Corp. are worth betting on.
Understanding Beta
Beta measures the volatility or risk of a particular asset compared to the market. In other words, beta measures the extent of a security’s price movement relative to the market. In this article, we are considering the S&P 500 as the market.
If a stock has a beta of 1, then the price of the stock will move with the market. So, the stock is more volatile than the market if its beta is more than 1. In the same way, the stock is not as volatile as the market if its beta is less than 1.
For example, if the market offers a return of 20%, a stock with a beta of 3 will return 60%, which is overwhelming. Similarly, when the market slips 20%, the stock will sink 60%, which is devastating.
Here are four stocks among nine that qualified for the screening:
Autohome is a leading provider of professionally generated content, user-generated content and AI-generated content to automobile consumers. As a result, it is capable of reaching a huge user base of automobile consumers. Thus, for conducting advertising campaigns, dealers and automakers are considering ATHM as a preferred platform.
Arcosa has a strong geographic footprint and a well-diversified portfolio and solutions that could support infrastructure growth. Arcosa is also leading the market when it comes to the products that are key to transportation infrastructure.
Trip.com Group Limited is well known for providing global travel services. Owing to the relaxation of travel restrictions, the global travel industry is recovering, which in turn is aiding TCOM.
RLI Corp. is a well-known name with deep underwriting expertise. RLI boasts that it has been delivering underwriting profits for 27 successive years.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2126737/buy-these-4-low-beta-stocks-to-counter-the-choppy-market
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
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Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year.
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Top 5 ChatGPT Stocks Revealed
Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.
Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”
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RLI Corp. (RLI) : Free Stock Analysis Report
Autohome Inc. (ATHM) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
Trip.com Group Limited Sponsored ADR (TCOM) : Free Stock Analysis Report
To read this article on Zacks.com click here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | For Immediate Release Chicago, IL – July 26, 2023 – Stocks in this week’s article are Arcosa Inc. ACA, Trip.com Group Ltd. TCOM, Autohome Inc. ATHM and RLI Corp. RLI. Click to get this free report RLI Corp. (RLI) : Free Stock Analysis Report Autohome Inc. (ATHM) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Trip.com Group Limited Sponsored ADR (TCOM) : Free Stock Analysis Report To read this article on Zacks.com click here. Hence, creating a portfolio of low-beta stocks is of utmost importance since the securities will deliver healthy returns and shield against choppy market conditions. | For Immediate Release Chicago, IL – July 26, 2023 – Stocks in this week’s article are Arcosa Inc. ACA, Trip.com Group Ltd. TCOM, Autohome Inc. ATHM and RLI Corp. RLI. Click to get this free report RLI Corp. (RLI) : Free Stock Analysis Report Autohome Inc. (ATHM) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Trip.com Group Limited Sponsored ADR (TCOM) : Free Stock Analysis Report To read this article on Zacks.com click here. For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2126737/buy-these-4-low-beta-stocks-to-counter-the-choppy-market Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. | Click to get this free report RLI Corp. (RLI) : Free Stock Analysis Report Autohome Inc. (ATHM) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Trip.com Group Limited Sponsored ADR (TCOM) : Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL – July 26, 2023 – Stocks in this week’s article are Arcosa Inc. ACA, Trip.com Group Ltd. TCOM, Autohome Inc. ATHM and RLI Corp. RLI. Top 5 ChatGPT Stocks Revealed Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. | For Immediate Release Chicago, IL – July 26, 2023 – Stocks in this week’s article are Arcosa Inc. ACA, Trip.com Group Ltd. TCOM, Autohome Inc. ATHM and RLI Corp. RLI. Click to get this free report RLI Corp. (RLI) : Free Stock Analysis Report Autohome Inc. (ATHM) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Trip.com Group Limited Sponsored ADR (TCOM) : Free Stock Analysis Report To read this article on Zacks.com click here. RLI boasts that it has been delivering underwriting profits for 27 successive years. |
35269.0 | 2023-07-25 00:00:00 UTC | Buy These 4 Low-Beta Stocks to Counter the Choppy Market | ACA | https://www.nasdaq.com/articles/buy-these-4-low-beta-stocks-to-counter-the-choppy-market-2 | nan | nan | There have been signs of disinflation, which could be encouraging. But, with slowing U.S. business activity and expectations of tepid second-quarter earnings, the broader market will likely be extremely volatile. Hence, creating a portfolio of low-beta stocks is of utmost importance since the securities will deliver healthy returns and shield against choppy market conditions.
In this regard, stocks like Arcosa Inc. ACA, Trip.com Group Limited TCOM, Autohome Inc. ATHM and RLI Corp. RLI are worth betting on.
Understanding Beta
Beta measures the volatility or risk of a particular asset compared to the market. In other words, beta measures the extent of a security’s price movement relative to the market. In this article, we are considering the S&P 500 as the market.
If a stock has a beta of 1, then the price of the stock will move with the market. So, the stock is more volatile than the market if its beta is more than 1. In the same way, the stock is not as volatile as the market if its beta is less than 1.
For example, if the market offers a return of 20%, a stock with a beta of 3 will return 60%, which is overwhelming. Similarly, when the market slips 20%, the stock will sink 60%, which is devastating.
Screening Criteria:
We have taken a beta between 0 and 0.6 as our prime criterion for screening stocks that are less volatile than the market. However, this should not be the only factor to be considered while selecting a winning strategy. We need to take into account other parameters that can add value to the portfolio.
Percentage Change in Price in the Last 4 Weeks Greater Than Zero: This ensures that the stocks saw positive price movement over the last month.
Average 20-Day Volume Greater Than 50,000: A substantial trading volume ensures that the stocks are easily tradable.
Price Greater Than or Equal to $5: They must all be trading at a minimum of $5 or higher.
Zacks Rank Equal to 1: Zacks Rank #1 (Strong Buy) stocks indicate that they will significantly outperform the broader U.S. equity market over the next one to three months. You can see the complete list of today’s Zacks #1 Rank stocks here.
Here are four stocks among nine that qualified for the screening:
Autohome is a leading provider of professionally generated content, user-generated content and AI-generated content to automobile consumers. As a result, it is capable of reaching a huge user base of automobile consumers. Thus, for conducting advertising campaigns, dealers and automakers are considering ATHM as a preferred platform.
Arcosa has a strong geographic footprint and a well-diversified portfolio and solutions that could support infrastructure growth. Arcosa is also leading the market when it comes to the products that are key to transportation infrastructure.
Trip.com Group Limited is well known for providing global travel services. Owing to the relaxation of travel restrictions, the global travel industry is recovering, which in turn is aiding TCOM.
RLI Corp. is a well-known name with deep underwriting expertise. RLI boasts that it has been delivering underwriting profits for 27 successive years.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
Zacks Reveals ChatGPT "Sleeper" Stock
One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.
As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other "must buys." Plus more.
Download Free ChatGPT Stock Report Right Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
RLI Corp. (RLI) : Free Stock Analysis Report
Autohome Inc. (ATHM) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
Trip.com Group Limited Sponsored ADR (TCOM) : Free Stock Analysis Report
To read this article on Zacks.com click here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | In this regard, stocks like Arcosa Inc. ACA, Trip.com Group Limited TCOM, Autohome Inc. ATHM and RLI Corp. RLI are worth betting on. Click to get this free report RLI Corp. (RLI) : Free Stock Analysis Report Autohome Inc. (ATHM) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Trip.com Group Limited Sponsored ADR (TCOM) : Free Stock Analysis Report To read this article on Zacks.com click here. Hence, creating a portfolio of low-beta stocks is of utmost importance since the securities will deliver healthy returns and shield against choppy market conditions. | In this regard, stocks like Arcosa Inc. ACA, Trip.com Group Limited TCOM, Autohome Inc. ATHM and RLI Corp. RLI are worth betting on. Click to get this free report RLI Corp. (RLI) : Free Stock Analysis Report Autohome Inc. (ATHM) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Trip.com Group Limited Sponsored ADR (TCOM) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Rank Equal to 1: Zacks Rank #1 (Strong Buy) stocks indicate that they will significantly outperform the broader U.S. equity market over the next one to three months. | Click to get this free report RLI Corp. (RLI) : Free Stock Analysis Report Autohome Inc. (ATHM) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Trip.com Group Limited Sponsored ADR (TCOM) : Free Stock Analysis Report To read this article on Zacks.com click here. In this regard, stocks like Arcosa Inc. ACA, Trip.com Group Limited TCOM, Autohome Inc. ATHM and RLI Corp. RLI are worth betting on. If a stock has a beta of 1, then the price of the stock will move with the market. | In this regard, stocks like Arcosa Inc. ACA, Trip.com Group Limited TCOM, Autohome Inc. ATHM and RLI Corp. RLI are worth betting on. Click to get this free report RLI Corp. (RLI) : Free Stock Analysis Report Autohome Inc. (ATHM) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Trip.com Group Limited Sponsored ADR (TCOM) : Free Stock Analysis Report To read this article on Zacks.com click here. So, the stock is more volatile than the market if its beta is more than 1. |
35270.0 | 2023-07-18 00:00:00 UTC | Validea's Top Industrial Stocks Based On Martin Zweig - 7/18/2023 | ACA | https://www.nasdaq.com/articles/valideas-top-industrial-stocks-based-on-martin-zweig-7-18-2023 | nan | nan | The following are the top rated Industrial stocks according to Validea's Growth Investor model based on the published strategy of Martin Zweig. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt.
ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. The rating according to our strategy based on Martin Zweig is 77% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Arcosa, Inc. is a provider of infrastructure-related products and solutions with brands serving construction, engineered structure, and transportation markets in North America. The Company's segments are Construction Products, Engineered Structures and Transportation Products. Its Construction Products segment produces and sells natural and recycled aggregates, specialty materials, and construction site support equipment, including trench shields and shoring products. Its Engineered Structures segment manufactures and sells steel structures for infrastructure businesses, including utility structures for electricity transmission and distribution, structural wind towers, traffic structures, and telecommunication structures. This segment also manufactures distribution tanks. The Transportation Products segment manufactures and sells inland barges, fiberglass barge covers, winches, marine hardware, and steel components for railcars and other transportation and industrial equipment.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL
SALES GROWTH RATE: PASS
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: PASS
TOTAL DEBT/EQUITY RATIO: PASS
INSIDER TRANSACTIONS: PASS
Detailed Analysis of ARCOSA INC
ACA Guru Analysis
ACA Fundamental Analysis
CAE INC (USA) (CAE) is a mid-cap growth stock in the Schools industry. The rating according to our strategy based on Martin Zweig is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: CAE Inc. is a Canada-based technology company. The Company operates through three segments: Civil Aviation, Defense and Security, and Healthcare. The Civil Aviation training segment provides comprehensive training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training and crew sourcing services, as well as end-to-end digitally enabled crew management, training operations solutions and optimization software. The defense and Security segment provides training and simulation pure play focusing on ensuring mission readiness by integrating systems and solutions across all five domains for government organizations responsible for public safety. Healthcare segment provides healthcare students and clinical professionals innovative, integrated and virtual education and training solutions, including interventional and imaging simulations and curricular.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: PASS
SALES GROWTH RATE: PASS
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: FAIL
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: FAIL
TOTAL DEBT/EQUITY RATIO: FAIL
INSIDER TRANSACTIONS: PASS
Detailed Analysis of CAE INC (USA)
CAE Guru Analysis
CAE Fundamental Analysis
EMCOR GROUP INC (EME) is a mid-cap growth stock in the Construction Services industry. The rating according to our strategy based on Martin Zweig is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: EMCOR Group, Inc. is a specialty contractor and provider of electrical and mechanical construction and facilities services, building services, and industrial services. The Company's segments include United States electrical construction and facilities services, United States mechanical construction and facilities services, United States building services, United States industrial services and United Kingdom building services. Its electrical and mechanical construction services are primarily engaged in the design, integration, installation, start-up, operation and maintenance, and provision of services relating to systems for electrical power transmission, distribution and generation, and others. Its building services include mobile mechanical maintenance and services for mechanical, electrical, plumbing, fire safety, building automation systems, and others. Its industrial services include refinery turnaround planning and engineering services, specialty welding services, and others.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL
SALES GROWTH RATE: FAIL
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: PASS
TOTAL DEBT/EQUITY RATIO: PASS
INSIDER TRANSACTIONS: PASS
Detailed Analysis of EMCOR GROUP INC
EME Guru Analysis
EME Fundamental Analysis
DXP ENTERPRISES INC (DXPE) is a small-cap value stock in the Misc. Capital Goods industry. The rating according to our strategy based on Martin Zweig is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: DXP Enterprises, Inc. is engaged in the business of distributing maintenance, repair and operating (MRO) products, equipment and services to energy and industrial customers. The Company's segments include Service Centers (SC), Supply Chain Services (SCS) and Innovative Pumping Solutions (IPS). The SC segment is engaged in providing MRO products, equipment and services, including technical expertise and logistics capabilities, to a variety of customers serving varied end markets with the ability to provide same day delivery. Its IPS segment provides integrated, custom pump skid packages, pump remanufacturing and manufactures branded private label pumps to meet the capital equipment needs of its global customer base. Its SCS segment manages all or part of its customers' supply chains, including procurement and inventory management. It operates from over 180 locations which include 37 states in the United States, nine provinces in Canada, and one location in Dubai.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL
SALES GROWTH RATE: FAIL
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
INSIDER TRANSACTIONS: PASS
Detailed Analysis of DXP ENTERPRISES INC
DXPE Guru Analysis
DXPE Fundamental Analysis
TEREX CORP (TEX) is a mid-cap value stock in the Misc. Capital Goods industry. The rating according to our strategy based on Martin Zweig is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Terex Corporation is a manufacturer of materials processing machinery and aerial work platforms. The Company designs, builds and supports products used in construction, maintenance, manufacturing, energy, recycling, minerals and materials management applications. The Company operates through two segments: Materials Processing (MP) and Aerial Work Platforms (AWP). Its MP segment designs, manufactures, services and markets materials processing and specialty equipment, including crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and their related components and replacement parts. Its AWP segment designs, manufactures, services and markets aerial work platform equipment, utility equipment and telehandlers. It markets aerial work platform products principally under the Terex and Genie brand names.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL
SALES GROWTH RATE: PASS
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: FAIL
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: PASS
TOTAL DEBT/EQUITY RATIO: PASS
INSIDER TRANSACTIONS: PASS
Detailed Analysis of TEREX CORP
TEX Guru Analysis
TEX Fundamental Analysis
Martin Zweig Portfolio
About Martin Zweig: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis CAE INC (USA) (CAE) is a mid-cap growth stock in the Schools industry. The defense and Security segment provides training and simulation pure play focusing on ensuring mission readiness by integrating systems and solutions across all five domains for government organizations responsible for public safety. | ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis CAE INC (USA) (CAE) is a mid-cap growth stock in the Schools industry. Detailed Analysis of CAE INC (USA) CAE Guru Analysis CAE Fundamental Analysis EMCOR GROUP INC (EME) is a mid-cap growth stock in the Construction Services industry. | ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis CAE INC (USA) (CAE) is a mid-cap growth stock in the Schools industry. Detailed Analysis of CAE INC (USA) CAE Guru Analysis CAE Fundamental Analysis EMCOR GROUP INC (EME) is a mid-cap growth stock in the Construction Services industry. | ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis CAE INC (USA) (CAE) is a mid-cap growth stock in the Schools industry. The following are the top rated Industrial stocks according to Validea's Growth Investor model based on the published strategy of Martin Zweig. |
35271.0 | 2023-07-18 00:00:00 UTC | Sherwin-Williams (SHW) Stock Up 15% in 3 Months: Here's Why | ACA | https://www.nasdaq.com/articles/sherwin-williams-shw-stock-up-15-in-3-months%3A-heres-why | nan | nan | The Sherwin-Williams Company’s SHW shares have gained 14.6% over the past three months. The stock has outperformed its industry’s rise of 14.1% over the same time frame. The paints and coatings giant has also topped the S&P 500’s roughly 9% rise over the same period.
Image Source: Zacks Investment Research
Let’s take a look at the factors behind the stock’s price appreciation.
Sherwin-Williams, a Zacks Rank #1 (Strong Buy) company, is committed to boosting its retail business and is benefiting from robust domestic demand. The Paint Stores Group division is seeing increased architectural sales volumes. A strong indication that the company has invested in capturing a greater percentage of its end markets is the rising number of retail locations. In 2022, it added 72 net new stores, and an additional 80 and 100 more are expected to open in the United States and Canada the following year. In the first quarter of 2023, four net new stores were added.
SHW's cost-cutting initiatives, working capital reductions, supply chain optimization and productivity enhancements are resulting in margin increases. It continues undertaking pricing actions to offset cost increases, particularly in raw materials.
The company is also concentrating on cost-cutting through restructuring, which should pay off in 2023. It expects to save between $50 million and $70 million each year, 75% of which is expected to be realized by the end of 2023.
Sherwin-Williams has also reinforced its position as a global leader in paints and coatings by acquiring Valspar and leveraging its highly complementary offerings, strong brands and breakthrough technology. The acquisition broadened SHW's brand portfolio and client ties in North America while strengthening its worldwide finishing business. In addition to broadening the company's worldwide platform in Asia-Pacific, Europe, the Middle East and Africa, the acquisition offered additional capabilities in the packaging and coil markets.
Other Stocks to Consider
Other top-ranked stocks in the Constructions space are Arcosa Inc. ACA, Boise Cascade Company BCC and Beazer Homes USA BZH
Arcosa currently sports a Zacks Rank #1. ACA’s earnings surpassed the Zacks Consensus Estimate in all the last four quarters. It has delivered a trailing four-quarter earnings surprise of 59.9%, on average. The stock has rallied 61.2% over the past year. You can see the complete list of today’s Zacks Rank #1 stocks here.
Boise Cascade currently flaunts a Zacks Rank #1. The Zacks Consensus Estimate for BCC’s current-year earnings has been stable in the past 60 days. It has a trailing four-quarter earnings surprise of 19%, on average. The stock has gained 58.1% over the past year.
Beazer Homes USA, currently carrying a Zacks Rank #1, has gained 46.2% over the past year. The company’s earnings beat the Zacks Consensus Estimate in all the last four quarters. It has a trailing four-quarter earnings surprise of 104.8%, on average.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Other Stocks to Consider Other top-ranked stocks in the Constructions space are Arcosa Inc. ACA, Boise Cascade Company BCC and Beazer Homes USA BZH ACA’s earnings surpassed the Zacks Consensus Estimate in all the last four quarters. (BCC) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. | Other Stocks to Consider Other top-ranked stocks in the Constructions space are Arcosa Inc. ACA, Boise Cascade Company BCC and Beazer Homes USA BZH (BCC) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. ACA’s earnings surpassed the Zacks Consensus Estimate in all the last four quarters. | Other Stocks to Consider Other top-ranked stocks in the Constructions space are Arcosa Inc. ACA, Boise Cascade Company BCC and Beazer Homes USA BZH (BCC) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. ACA’s earnings surpassed the Zacks Consensus Estimate in all the last four quarters. | Other Stocks to Consider Other top-ranked stocks in the Constructions space are Arcosa Inc. ACA, Boise Cascade Company BCC and Beazer Homes USA BZH ACA’s earnings surpassed the Zacks Consensus Estimate in all the last four quarters. (BCC) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. |
35272.0 | 2023-07-17 00:00:00 UTC | Beat the Market the Zacks Way: Adobe, Accenture, Vertiv in Focus | ACA | https://www.nasdaq.com/articles/beat-the-market-the-zacks-way%3A-adobe-accenture-vertiv-in-focus | nan | nan | The three most widely followed indexes closed last week in the green. The Nasdaq Composite advanced 3.3%, while the S&P 500 and the Dow Jones Industrial Average gained 2.4% and 2.3%, respectively.
Inflation numbers for June released in the week showed signs of cooling down, driving the market upside. Both consumer and producer-side inflation came in lower than expected and raised hopes that the Fed would finally take cognizance of these numbers and fast-track an end to its tight monetary policy regime. Treasury yields fell with recession fears subsiding, and tech stocks made good of the investor mood.
The labor market, however, continues to show resilience, as was reflected by jobless claims | Inflation numbers for June released in the week showed signs of cooling down, driving the market upside. Both consumer and producer-side inflation came in lower than expected and raised hopes that the Fed would finally take cognizance of these numbers and fast-track an end to its tight monetary policy regime. Treasury yields fell with recession fears subsiding, and tech stocks made good of the investor mood. | The three most widely followed indexes closed last week in the green. Inflation numbers for June released in the week showed signs of cooling down, driving the market upside. The labor market, however, continues to show resilience, as was reflected by jobless claims | Inflation numbers for June released in the week showed signs of cooling down, driving the market upside. Both consumer and producer-side inflation came in lower than expected and raised hopes that the Fed would finally take cognizance of these numbers and fast-track an end to its tight monetary policy regime. Treasury yields fell with recession fears subsiding, and tech stocks made good of the investor mood. | The three most widely followed indexes closed last week in the green. The Nasdaq Composite advanced 3.3%, while the S&P 500 and the Dow Jones Industrial Average gained 2.4% and 2.3%, respectively. Inflation numbers for June released in the week showed signs of cooling down, driving the market upside. |
35273.0 | 2023-07-11 00:00:00 UTC | Ex-Dividend Reminder: Trinity Industries, Arcosa and WD-40 | ACA | https://www.nasdaq.com/articles/ex-dividend-reminder%3A-trinity-industries-arcosa-and-wd-40 | nan | nan | Looking at the universe of stocks we cover at Dividend Channel, on 7/13/23, Trinity Industries, Inc. (Symbol: TRN), Arcosa Inc (Symbol: ACA), and WD-40 Co (Symbol: WDFC) will all trade ex-dividend for their respective upcoming dividends. Trinity Industries, Inc. will pay its quarterly dividend of $0.26 on 7/31/23, Arcosa Inc will pay its quarterly dividend of $0.05 on 7/31/23, and WD-40 Co will pay its quarterly dividend of $0.83 on 7/31/23. As a percentage of TRN's recent stock price of $25.69, this dividend works out to approximately 1.01%, so look for shares of Trinity Industries, Inc. to trade 1.01% lower — all else being equal — when TRN shares open for trading on 7/13/23. Similarly, investors should look for ACA to open 0.07% lower in price and for WDFC to open 0.38% lower, all else being equal.
Below are dividend history charts for TRN, ACA, and WDFC, showing historical dividends prior to the most recent ones declared.
Trinity Industries, Inc. (Symbol: TRN):
Arcosa Inc (Symbol: ACA):
WD-40 Co (Symbol: WDFC):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 4.05% for Trinity Industries, Inc., 0.26% for Arcosa Inc, and 1.52% for WD-40 Co.
Free Report: Top 8%+ Dividends (paid monthly)
In Tuesday trading, Trinity Industries, Inc. shares are currently trading flat, Arcosa Inc shares are up about 0.1%, and WD-40 Co shares are up about 13.1% on the day.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Looking at the universe of stocks we cover at Dividend Channel, on 7/13/23, Trinity Industries, Inc. (Symbol: TRN), Arcosa Inc (Symbol: ACA), and WD-40 Co (Symbol: WDFC) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for ACA to open 0.07% lower in price and for WDFC to open 0.38% lower, all else being equal. Below are dividend history charts for TRN, ACA, and WDFC, showing historical dividends prior to the most recent ones declared. | Looking at the universe of stocks we cover at Dividend Channel, on 7/13/23, Trinity Industries, Inc. (Symbol: TRN), Arcosa Inc (Symbol: ACA), and WD-40 Co (Symbol: WDFC) will all trade ex-dividend for their respective upcoming dividends. Trinity Industries, Inc. (Symbol: TRN): Arcosa Inc (Symbol: ACA): WD-40 Co (Symbol: WDFC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for ACA to open 0.07% lower in price and for WDFC to open 0.38% lower, all else being equal. | Looking at the universe of stocks we cover at Dividend Channel, on 7/13/23, Trinity Industries, Inc. (Symbol: TRN), Arcosa Inc (Symbol: ACA), and WD-40 Co (Symbol: WDFC) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for ACA to open 0.07% lower in price and for WDFC to open 0.38% lower, all else being equal. Below are dividend history charts for TRN, ACA, and WDFC, showing historical dividends prior to the most recent ones declared. | Trinity Industries, Inc. (Symbol: TRN): Arcosa Inc (Symbol: ACA): WD-40 Co (Symbol: WDFC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Looking at the universe of stocks we cover at Dividend Channel, on 7/13/23, Trinity Industries, Inc. (Symbol: TRN), Arcosa Inc (Symbol: ACA), and WD-40 Co (Symbol: WDFC) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for ACA to open 0.07% lower in price and for WDFC to open 0.38% lower, all else being equal. |
35274.0 | 2023-07-11 00:00:00 UTC | Why You Should Add Sherwin-Williams (SHW) to Your Portfolio | ACA | https://www.nasdaq.com/articles/why-you-should-add-sherwin-williams-shw-to-your-portfolio | nan | nan | The Sherwin-Williams Company SHW remains committed to growing its retail operations and is witnessing strong demand in domestic markets.
The company currently carries a Zacks Rank #2 (Buy). We are optimistic about its prospects and believe that the time is right to add the stock to the portfolio as it looks poised to carry the momentum ahead.
Let’s take a look into the factors that make Sherwin-Williams an attractive choice for investors right now.
An Outperformer
Shares of Sherwin-Williams have gained 8.2% year to date, outperforming the 5.3% rise of its industry.
Image Source: Zacks Investment Research
Positive Earnings Surprise History
Sherwin-Williams’ earnings outpaced the Zacks Consensus Estimate in three of the trailing four quarters, the average being 2.05%.
Superior Return on Equity (ROE)
Sherwin-Williams’ ROE of 86.3% compared with the industry average of 17.2% reflects the company’s efficiency in utilizing shareholders’ funds.
Domestic Demand, Cost Actions Aid SHW
Architectural sales volumes are increasing at the company’s Paint Stores Group division. The increasing number of retail stores demonstrates that SHW has invested in gaining a larger share of its end markets. It opened 72 net new stores in 2022 and is likely to open 80 to 100 new stores in the United States and Canada in 2023. In the first quarter of 2023, it added four net new stores.
SHW's cost-cutting initiatives, working capital reductions, supply chain optimization and productivity enhancements are resulting in margin growth. It undertakes price adjustments to offset rising costs, particularly in raw materials.
The company is additionally focusing on cost-cutting through restructuring, which is expected to be beneficial in 2023. It expects to save between $50 million and $70 million each year, with 75% of that amount saved by the end of 2023.
Sherwin-Williams has reinforced its position as a global leader in paints and coatings by acquiring Valspar and using its highly complementary offerings, strong brands and breakthrough technology. SHW's brand portfolio and customer relations in North America have grown, and the company's global finish business was enhanced with this buyout. The acquisition expanded its global base across Asia-Pacific, Europe, the Middle East and Africa and added new capabilities in the packaging and coil areas.
The Sherwin-Williams Company Price and Consensus
The Sherwin-Williams Company price-consensus-chart | The Sherwin-Williams Company Quote
Other Stocks to Consider
Other top-ranked stocks in the Constructions space include Arcosa Inc. ACA, Boise Cascade Company BCC and Cavco Industries Inc. CVCO.
Arcosa is currently sporting a Zacks Rank #1 (Strong Buy). ACA’s earnings surpassed the Zacks Consensus Estimate in all the last four quarters. It has delivered a trailing four-quarter earnings surprise of 59.9%, on average. The stock has rallied 63.7% over the past year. You can see the complete list of today’s Zacks Rank #1 stocks here.
Boise Cascade currently flaunts a Zacks Rank #1. The Zacks Consensus Estimate for BCC’s current-year earnings has been stable in the past 60 days. It has a trailing four-quarter earnings surprise of 19%, on average. The stock has gained 50.5% over the past year.
Cavco, currently carrying a Zacks Rank #2 (Buy), has gained 46.2% over the past year. The company’s earnings beat the Zacks Consensus Estimate in all the last four quarters. It has a trailing four-quarter earnings surprise of 40.2%, on average.
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The Sherwin-Williams Company (SHW) : Free Stock Analysis Report
Boise Cascade, L.L.C. (BCC) : Free Stock Analysis Report
Cavco Industries, Inc. (CVCO) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | The Sherwin-Williams Company Price and Consensus The Sherwin-Williams Company price-consensus-chart | The Sherwin-Williams Company Quote Other Stocks to Consider Other top-ranked stocks in the Constructions space include Arcosa Inc. ACA, Boise Cascade Company BCC and Cavco Industries Inc. CVCO. ACA’s earnings surpassed the Zacks Consensus Estimate in all the last four quarters. (BCC) : Free Stock Analysis Report Cavco Industries, Inc. (CVCO) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. | (BCC) : Free Stock Analysis Report Cavco Industries, Inc. (CVCO) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. The Sherwin-Williams Company Price and Consensus The Sherwin-Williams Company price-consensus-chart | The Sherwin-Williams Company Quote Other Stocks to Consider Other top-ranked stocks in the Constructions space include Arcosa Inc. ACA, Boise Cascade Company BCC and Cavco Industries Inc. CVCO. ACA’s earnings surpassed the Zacks Consensus Estimate in all the last four quarters. | The Sherwin-Williams Company Price and Consensus The Sherwin-Williams Company price-consensus-chart | The Sherwin-Williams Company Quote Other Stocks to Consider Other top-ranked stocks in the Constructions space include Arcosa Inc. ACA, Boise Cascade Company BCC and Cavco Industries Inc. CVCO. (BCC) : Free Stock Analysis Report Cavco Industries, Inc. (CVCO) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. ACA’s earnings surpassed the Zacks Consensus Estimate in all the last four quarters. | The Sherwin-Williams Company Price and Consensus The Sherwin-Williams Company price-consensus-chart | The Sherwin-Williams Company Quote Other Stocks to Consider Other top-ranked stocks in the Constructions space include Arcosa Inc. ACA, Boise Cascade Company BCC and Cavco Industries Inc. CVCO. ACA’s earnings surpassed the Zacks Consensus Estimate in all the last four quarters. (BCC) : Free Stock Analysis Report Cavco Industries, Inc. (CVCO) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. |
35275.0 | 2023-07-11 00:00:00 UTC | Buy These 4 Low-Beta Stocks to Counter the Choppy Market | ACA | https://www.nasdaq.com/articles/buy-these-4-low-beta-stocks-to-counter-the-choppy-market-1 | nan | nan | Investors are liking comments from several U.S. central bank officials that it will probably not take long for the current cycle of monetary policy tightening to end. Despite this positivity, projections of a gloomy second-quarter earnings season are making the broader market extremely volatile. Hence, creating a portfolio of low-beta stocks is of utmost importance since the securities will deliver healthy returns and shield against choppy market conditions.
In this regard, stocks like Kimberly-Clark Corporation KMB,MINISO Group Holding Limited MNSO, Arcosa Inc. ACA and RLI Corp. RLI are worth betting on.
Understanding Beta
Beta measures the volatility or risk of a particular asset compared to the market. In other words, b | In this regard, stocks like Kimberly-Clark Corporation KMB,MINISO Group Holding Limited MNSO, Arcosa Inc. ACA and RLI Corp. RLI are worth betting on. Investors are liking comments from several U.S. central bank officials that it will probably not take long for the current cycle of monetary policy tightening to end. Despite this positivity, projections of a gloomy second-quarter earnings season are making the broader market extremely volatile. | In this regard, stocks like Kimberly-Clark Corporation KMB,MINISO Group Holding Limited MNSO, Arcosa Inc. ACA and RLI Corp. RLI are worth betting on. Despite this positivity, projections of a gloomy second-quarter earnings season are making the broader market extremely volatile. Understanding Beta Beta measures the volatility or risk of a particular asset compared to the market. | In this regard, stocks like Kimberly-Clark Corporation KMB,MINISO Group Holding Limited MNSO, Arcosa Inc. ACA and RLI Corp. RLI are worth betting on. Hence, creating a portfolio of low-beta stocks is of utmost importance since the securities will deliver healthy returns and shield against choppy market conditions. Understanding Beta Beta measures the volatility or risk of a particular asset compared to the market. | In this regard, stocks like Kimberly-Clark Corporation KMB,MINISO Group Holding Limited MNSO, Arcosa Inc. ACA and RLI Corp. RLI are worth betting on. Investors are liking comments from several U.S. central bank officials that it will probably not take long for the current cycle of monetary policy tightening to end. Despite this positivity, projections of a gloomy second-quarter earnings season are making the broader market extremely volatile. |
35276.0 | 2023-07-06 00:00:00 UTC | The Zacks Analyst Blog Highlights PGT Innovations , Owens Corning, Watsco, James Hardie Industries and Arcosa | ACA | https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights-pgt-innovations-owens-corning-watsco-james-hardie | nan | nan | For Immediate Release
Chicago, IL – July 6, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: PGT Innovations, Inc. PGTI, Owens Corning OC, Watsco, Inc. WSO, James Hardie Industries plc JHX and Arcosa, Inc. ACA.
Here are highlights from Wednesday’s Analyst Blog:
Five Building Product Stocks Up More than 40% Year to Date
The Zacks Construction sector has been displaying strength since the beginning of 2023, despite housing slowdown and other macro-economic woes. The solid improvement in infrastructural and public construction spending, a recent improvement in the housing and R&R activities and favorable pricing dynamics has been aiding the companies indulged in the building products.
Companies like PGT Innovations, Inc., Owens Corning, Watsco, Inc., James Hardie Industries plc and Arcosa, Inc. have been gaining from their fundamental strength and the above-mentioned tailwinds. While PGTI, JHX and ACA currently sport a Zacks Rank #1 (Strong Buy), OC and WSO carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
In the year-to-date period, the construction sector and the S&P 500 index gained 29.1% and 17%, respectively.
The Zacks Building Products - Miscellaneous industry, which gained 28.5% year to date, has been benefiting from strong global trends in infrastructure modernization, energy transition, national security and a potential super-cycle in global supply-chain investments. Also, solid momentum in the R&R markets and improving residential construction markets are expected to drive growth.
Moreover, the Zacks Building Products - Concrete & Aggregates industry and the Zacks Building Products - Air Conditioner & Heating industry also gained % and % in the same period.
An improving non-residential construction market and favorable pricing dynamics are offsetting macroeconomic uncertainties, supply-chain disruptions, weather-related woes and higher labor costs for Building Products - Concrete & Aggregates industry players.
The Air Conditioner & Heating industry players are capitalizing on the recent opportunities associated with the energy transition and the pro-environmental drive. They are also experiencing growing demand for renewable generation and solutions in 2023 and beyond.
Also, the demand for new homes, which is improving in lower-density markets, effective cost control and higher operating leverage are offsetting challenges like higher inflationary pressure, tight labor and tightening credit conditions on construction loans. These positives are benefiting the Zacks Building Products - Home Builders industry and its supportive building materials and other industries.
A Look at the Listed Companies' Prospect
PGT Innovations: This North Venice, FL-based company is one of the nation's leading manufacturers and suppliers of residential impact-resistant windows and doors. A diversified product portfolio to capture profitable growth in new construction and R&R channels, customer-centric innovation, manufacturing improvements and a series of pricing actions in response to the rising cost pressure have been aiding the company. Also, strategic acquisitions have expanded its footprint into new regions, channels or products via advanced technologies, enhanced manufacturing or supply chain capabilities. These buyouts are aligned with growth priorities and are expected to boost shareholder value over the long term.
The Zacks Consensus Estimate for PGTI's 2023 earnings has been upwardly revised to $2.01 per share from $1.90 in the past 30 days. Its earnings topped consensus estimates in three of the trailing four quarters and lagged on one occasion, with the average surprise being 19.1%. It holds a VGM Score of B.
Owens Corning: Headquartered in Toledo, OH, Owens Corning produces and sells building material systems and composite solutions. It has been benefiting from market-leading businesses, innovative products, process technologies and capabilities. With positive momentum in residential end markets and the R&R market, particularly in the United States, improved manufacturing leverage and strong cost controls will likely help the company deliver solid results.
The Zacks Consensus Estimate for OC's 2023 earnings has been revised upward to $10.64 per share from $10.52 in the past week. Its earnings topped consensus estimates in the trailing four quarters, with the average surprise being 15.1%. Also, it holds a VGM Score of B.
James Hardie Industries: The company pioneered the development of fiber cement technology in the 1980s. JHX has many product applications, including external siding, trim and fascia, ceiling lining and flooring, partitioning, decorative columns, fencing and drainage pipes.
The Zacks Consensus Estimate for JHX's 2023 earnings has been upwardly revised to $1.25 per share from $1.22 in the past 30 days.
Arcosa: This Dallas, TX-based company provides infrastructure-related products and solutions. The company focuses on its long-term vision to lower the complexity of Arcosa's overall portfolio and shift its business mix toward less cyclical, higher-margin growth opportunities that leverage core strengths and drive long-term shareholder value creation. It has completed the previously-announced sale of its storage tanks business and aims to invest the proceeds into its key growth businesses. Also, ACA's inorganic drive to expand its portfolio and improved efficiencies in utility structures business coupled with the solid execution in cyclical businesses, should drive growth.
Arcosa has gained 40.6% in the year-to-date period. ACA has seen an upward estimate revision to $2.77 per share from $2.45 for 2023 earnings in the past 60 days. The company's earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average being 59.9%.
Watsco: Headquartered in Miami, FL, the company distributes air conditioning, heating and refrigeration equipment, along with related parts, in the United States, Canada, Mexico and Puerto Rico. It has been benefiting from an improvement in the e-commerce business, strong performance across geographies and product categories, backed by a richer mix of high-efficiency systems, solid heat pump sales, a solid commercial business, product diversity and technology-driven gains in market share. Increased focus on accretive acquisitions and enhanced shareholders' value bode well.
Watsco has gained 51.5% in the year-to-date period. WSO has seen an upward estimate revision for 2023 earnings to $14.51 per share from $14.50 in the past 60 days. Its earnings topped consensus estimates in two of the trailing four quarters and lagged on other two occasions, with the average surprise being 5.3%.
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Watsco, Inc. (WSO) : Free Stock Analysis Report
Owens Corning Inc (OC) : Free Stock Analysis Report
James Hardie Industries PLC. (JHX) : Free Stock Analysis Report
PGT, Inc. (PGTI) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks recently featured in the blog include: PGT Innovations, Inc. PGTI, Owens Corning OC, Watsco, Inc. WSO, James Hardie Industries plc JHX and Arcosa, Inc. ACA. While PGTI, JHX and ACA currently sport a Zacks Rank #1 (Strong Buy), OC and WSO carry a Zacks Rank #2 (Buy). Also, ACA's inorganic drive to expand its portfolio and improved efficiencies in utility structures business coupled with the solid execution in cyclical businesses, should drive growth. | Stocks recently featured in the blog include: PGT Innovations, Inc. PGTI, Owens Corning OC, Watsco, Inc. WSO, James Hardie Industries plc JHX and Arcosa, Inc. ACA. (JHX) : Free Stock Analysis Report PGT, Inc. (PGTI) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. While PGTI, JHX and ACA currently sport a Zacks Rank #1 (Strong Buy), OC and WSO carry a Zacks Rank #2 (Buy). | (JHX) : Free Stock Analysis Report PGT, Inc. (PGTI) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include: PGT Innovations, Inc. PGTI, Owens Corning OC, Watsco, Inc. WSO, James Hardie Industries plc JHX and Arcosa, Inc. ACA. While PGTI, JHX and ACA currently sport a Zacks Rank #1 (Strong Buy), OC and WSO carry a Zacks Rank #2 (Buy). | Stocks recently featured in the blog include: PGT Innovations, Inc. PGTI, Owens Corning OC, Watsco, Inc. WSO, James Hardie Industries plc JHX and Arcosa, Inc. ACA. While PGTI, JHX and ACA currently sport a Zacks Rank #1 (Strong Buy), OC and WSO carry a Zacks Rank #2 (Buy). Also, ACA's inorganic drive to expand its portfolio and improved efficiencies in utility structures business coupled with the solid execution in cyclical businesses, should drive growth. |
35277.0 | 2023-07-05 00:00:00 UTC | Five Building Product Stocks That Rose More Than 40% YTD | ACA | https://www.nasdaq.com/articles/five-building-product-stocks-that-rose-more-than-40-ytd | nan | nan | The Zacks Construction sector has been displaying strength since the beginning of 2023, despite housing slowdown and other macro-economic woes. The solid improvement in infrastructural and public construction spending, a recent improvement in the housing and R&R activities and favorable pricing dynamics has been aiding the companies indulged in the building products.
Companies like PGT Innovations, Inc. PGTI, Owens Corning OC, Watsco, Inc. WSO, James Hardie Industries plc JHX and Arcosa, Inc. ACA have been gaining from their fundamental strength and the above-mentioned tailwinds. While PGTI, JHX and ACA currently sport a Zacks Rank #1 (Strong Buy), OC and WSO carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
In the year-to-date period, the construction sector and the S&P 500 index gained 29.1% and 17%, respectively.
The Zacks Building Products - Miscellaneous industry, which gained 28.5% year to date, has been benefiting from strong global trends in infrastructure modernization, energy transition, national security and a potential super-cycle in global supply-chain investments. Also, solid momentum in the R&R markets and improving residential construction markets are expected to drive growth.
Moreover, the Zacks Building Products - Concrete & Aggregates industry and the Zacks Building Products - Air Conditioner & Heating industry also gained % and % in the same period.
An improving non-residential construction market and favorable pricing dynamics are offsetting macroeconomic uncertainties, supply-chain disruptions, weather-related woes and higher labor costs for Building Products - Concrete & Aggregates industry players.
The Air Conditioner & Heating industry players are capitalizing on the recent opportunities associated with the energy transition and the pro-environmental drive. They are also experiencing growing demand for renewable generation and solutions in 2023 and beyond.
Also, the demand for new homes, which is improving in lower-density markets, effective cost control and higher operating leverage are offsetting challenges like higher inflationary pressure, tight labor and tightening credit conditions on construction loans. These positives are benefiting the Zacks Building Products - Home Builders industry and its supportive building materials and other industries.
A Look at the Listed Companies’ Prospect
PGT Innovations: This North Venice, FL-based company is one of the nation's leading manufacturers and suppliers of residential impact-resistant windows and doors. A diversified product portfolio to capture profitable growth in new construction and R&R channels, customer-centric innovation, manufacturing improvements and a series of pricing actions in response to the rising cost pressure have been aiding the company. Also, strategic acquisitions have expanded its footprint into new regions, channels or products via advanced technologies, enhanced manufacturing or supply chain capabilities. These buyouts are aligned with growth priorities and are expected to boost shareholder value over the long term.
The Zacks Consensus Estimate for PGTI’s 2023 earnings has been upwardly revised to $2.01 per share from $1.90 in the past 30 days. Its earnings topped consensus estimates in three of the trailing four quarters and lagged on one occasion, with the average surprise being 19.1%. It holds a VGM Score of B.
Owens Corning: Headquartered in Toledo, OH, Owens Corning produces and sells building material systems and composite solutions. It has been benefiting from market-leading businesses, innovative products, process technologies and capabilities. With positive momentum in residential end markets and the R&R market, particularly in the United States, improved manufacturing leverage and strong cost controls will likely help the company deliver solid results.
The Zacks Consensus Estimate for OC’s 2023 earnings has been revised upward to $10.64 per share from $10.52 in the past week. Its earnings topped consensus estimates in the trailing four quarters, with the average surprise being 15.1%. Also, it holds a VGM Score of B.
James Hardie Industries: The company pioneered the development of fiber cement technology in the 1980s. JHX has many product applications, including external siding, trim and fascia, ceiling lining and flooring, partitioning, decorative columns, fencing and drainage pipes.
The Zacks Consensus Estimate for JHX’s 2023 earnings has been upwardly revised to $1.25 per share from $1.22 in the past 30 days.
Arcosa: This Dallas, TX-based company provides infrastructure-related products and solutions. The company focuses on its long-term vision to lower the complexity of Arcosa’s overall portfolio and shift its business mix toward less cyclical, higher-margin growth opportunities that leverage core strengths and drive long-term shareholder value creation. It has completed the previously-announced sale of its storage tanks business and aims to invest the proceeds into its key growth businesses. Also, ACA’s inorganic drive to expand its portfolio and improved efficiencies in utility structures business coupled with the solid execution in cyclical businesses, should drive growth.
Arcosa has gained 40.6% in the year-to-date period. ACA has seen an upward estimate revision to $2.77 per share from $2.45 for 2023 earnings in the past 60 days. The company’s earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average being 59.9%.
Watsco: Headquartered in Miami, FL, the company distributes air conditioning, heating and refrigeration equipment, along with related parts, in the United States, Canada, Mexico and Puerto Rico. It has been benefiting from an improvement in the e-commerce business, strong performance across geographies and product categories, backed by a richer mix of high-efficiency systems, solid heat pump sales, a solid commercial business, product diversity and technology-driven gains in market share. Increased focus on accretive acquisitions and enhanced shareholders’ value bode well.
Watsco has gained 51.5% in the year-to-date period. WSO has seen an upward estimate revision for 2023 earnings to $14.51 per share from $14.50 in the past 60 days. Its earnings topped consensus estimates in two of the trailing four quarters and lagged on other two occasions, with the average surprise being 5.3%.
Zacks Reveals ChatGPT "Sleeper" Stock
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Watsco, Inc. (WSO) : Free Stock Analysis Report
Owens Corning Inc (OC) : Free Stock Analysis Report
James Hardie Industries PLC. (JHX) : Free Stock Analysis Report
PGT, Inc. (PGTI) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Companies like PGT Innovations, Inc. PGTI, Owens Corning OC, Watsco, Inc. WSO, James Hardie Industries plc JHX and Arcosa, Inc. ACA have been gaining from their fundamental strength and the above-mentioned tailwinds. While PGTI, JHX and ACA currently sport a Zacks Rank #1 (Strong Buy), OC and WSO carry a Zacks Rank #2 (Buy). Also, ACA’s inorganic drive to expand its portfolio and improved efficiencies in utility structures business coupled with the solid execution in cyclical businesses, should drive growth. | Companies like PGT Innovations, Inc. PGTI, Owens Corning OC, Watsco, Inc. WSO, James Hardie Industries plc JHX and Arcosa, Inc. ACA have been gaining from their fundamental strength and the above-mentioned tailwinds. (JHX) : Free Stock Analysis Report PGT, Inc. (PGTI) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. While PGTI, JHX and ACA currently sport a Zacks Rank #1 (Strong Buy), OC and WSO carry a Zacks Rank #2 (Buy). | (JHX) : Free Stock Analysis Report PGT, Inc. (PGTI) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Companies like PGT Innovations, Inc. PGTI, Owens Corning OC, Watsco, Inc. WSO, James Hardie Industries plc JHX and Arcosa, Inc. ACA have been gaining from their fundamental strength and the above-mentioned tailwinds. While PGTI, JHX and ACA currently sport a Zacks Rank #1 (Strong Buy), OC and WSO carry a Zacks Rank #2 (Buy). | Companies like PGT Innovations, Inc. PGTI, Owens Corning OC, Watsco, Inc. WSO, James Hardie Industries plc JHX and Arcosa, Inc. ACA have been gaining from their fundamental strength and the above-mentioned tailwinds. While PGTI, JHX and ACA currently sport a Zacks Rank #1 (Strong Buy), OC and WSO carry a Zacks Rank #2 (Buy). Also, ACA’s inorganic drive to expand its portfolio and improved efficiencies in utility structures business coupled with the solid execution in cyclical businesses, should drive growth. |
35278.0 | 2023-07-03 00:00:00 UTC | Sherwin-Williams (SHW) Hits 52-Week High: What's Aiding It? | ACA | https://www.nasdaq.com/articles/sherwin-williams-shw-hits-52-week-high%3A-whats-aiding-it | nan | nan | Shares of The Sherwin-Williams Company SHW scaled a new 52-week high of $266.51 on Jun 30, before closing at $265.52.
Over the past year, the SHW stock has gained 12.8% compared with a 12.6% rise of the industry.
Image Source: Zacks Investment Research
Domestic Demand, Cost Actions Aid SHW
Sherwin-Williams, a Zacks Rank #3 (Hold) stock, remains committed to growing its retail operations and is witnessing strong demand in domestic markets. The Paint Stores Group division is seeing increased architectural sales volumes. The growing number of retail stores is a clear indication that the company has invested in capturing a greater percentage of its end markets. It opened 72 net new stores in 2022 and 80 to 100 new stores are likely to open in the United States and Canada in 2023. It added four net new stores in the first quarter of 2023.
SHW's cost-cutting measures, working capital reductions, supply chain optimization and productivity enhancement are producing margin gains. In order to mitigate cost inflation, especially in raw materials, it continues to pursue pricing actions.
The company is also focusing on cost-cutting through restructuring, which is anticipated to be beneficial in 2023. It anticipates yearly savings of between $50 million and $70 million, 75% of which are anticipated to be achieved by the end of 2023.
Sherwin-Williams has also strengthened its position as a leading paints and coatings provider globally by acquiring Valspar and leveraging its highly complementary offerings, strong brands and innovative technologies. The acquisition expanded SHW's brand portfolio and customer relationships in North America and strengthened its global finishes business. In addition to expanding the company’s global platform in Asia-Pacific and Europe, the Middle East and Africa regions, the buyout added new capabilities in the packaging and coil segments.
Stocks to Consider
Some better-ranked stocks in the Constructions space are Arcosa Inc. ACA, Boise Cascade Company BCC and Cavco Industries Inc. CVCO.
Arcosa is currently sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here.
ACA’ earnings surpassed the Zacks Consensus Estimate in all the last four quarters. It has delivered a trailing four-quarter earnings surprise of 59.9%, on average. The stock has rallied 63.7% over past year.
Boise Cascade currently flaunts a Zacks Rank #1. The Zacks Consensus Estimate for BCC’s current-year earnings has been stable in the past 60 days. It has a trailing four-quarter earnings surprise of 19%, on average. The stock has gained 49.2% over past year.
Cavco, currently carrying a Zacks Rank #2 (Buy), has gained 46.2% over past year. The company’s earnings beat the Zacks Consensus Estimate in all the last four quarters. It has a trailing four-quarter earnings surprise of 40.2%, on average.
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The Sherwin-Williams Company (SHW) : Free Stock Analysis Report
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Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Stocks to Consider Some better-ranked stocks in the Constructions space are Arcosa Inc. ACA, Boise Cascade Company BCC and Cavco Industries Inc. CVCO. ACA’ earnings surpassed the Zacks Consensus Estimate in all the last four quarters. (BCC) : Free Stock Analysis Report Cavco Industries, Inc. (CVCO) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. | (BCC) : Free Stock Analysis Report Cavco Industries, Inc. (CVCO) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Some better-ranked stocks in the Constructions space are Arcosa Inc. ACA, Boise Cascade Company BCC and Cavco Industries Inc. CVCO. ACA’ earnings surpassed the Zacks Consensus Estimate in all the last four quarters. | (BCC) : Free Stock Analysis Report Cavco Industries, Inc. (CVCO) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Some better-ranked stocks in the Constructions space are Arcosa Inc. ACA, Boise Cascade Company BCC and Cavco Industries Inc. CVCO. ACA’ earnings surpassed the Zacks Consensus Estimate in all the last four quarters. | Stocks to Consider Some better-ranked stocks in the Constructions space are Arcosa Inc. ACA, Boise Cascade Company BCC and Cavco Industries Inc. CVCO. ACA’ earnings surpassed the Zacks Consensus Estimate in all the last four quarters. (BCC) : Free Stock Analysis Report Cavco Industries, Inc. (CVCO) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. |
35279.0 | 2023-07-03 00:00:00 UTC | Beat the Market the Zacks Way: Vertiv, Costco, Sonnet BioTherapeutics in Focus | ACA | https://www.nasdaq.com/articles/beat-the-market-the-zacks-way%3A-vertiv-costco-sonnet-biotherapeutics-in-focus | nan | nan | The three most widely followed indexes closed last week in the green. The Dow Jones Industrial Average advanced 2%, while Nasdaq Composite and the S&P 500 gained 2.2% and 2.4%, respectively.
Trade throughout the week was buoyant by the release of encouraging economic numbers suggestive of a resilient economy, especially in the housing sector. Consumer confidence also witnessed remarkable growth, thereby giving the impression that consumers are yet to buy into the outlook of an economic slowdown just as yet. Tech, which has been a guiding light, took a hit late in the week with talks of further export restrictions of semiconductors to China.
On the flip side, Fed officials continued to suggest that further interest rate hikes are on the way because inflation is still not sufficiently in check, and investors are currently pricing in a probable 25 bps rate hike from the next Fed meeting.
Regardless of market conditions, we, here at Zacks, provide investors with unbiased guidance on how to beat the market.
As usual, Zacks Research guided investors over the past three months with its time-tested methodologies. Given the prevailing market uncertainty, you may want to look at our feats to prepare better for your next action.
Here are some of our key achievements:
Sonnet BioTherapeutics and Snap-on Surge Following Zacks Rank Upgrade
Shares of Sonnet BioTherapeutics Holdings, Inc. SONN have soared 60.8% (versus the S&P 500’s 6.9% increase) since it was upgraded to a Zacks Rank #2 (Buy) on Apr 21.
Another stock, Snap-on Incorporated SNA, which was also upgraded to a Zacks Rank #2 on Apr 20, has returned 20.2% (versus the S&P 500’s 6.3% increase) since then.
Zacks Rank, our short-term rating system, has earnings estimate revisions at its core. Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
This stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally audited track record, with Zacks Rank #1 stocks generating an average annual return of +24.8% since 1988.You can see the complete list of today’s Zacks Rank #1 stocks here >>>
A hypothetical portfolio of Zacks Rank #1 (Strong Buy) stocks returned +2.7% this year (through May 15) versus +7.69% for the S&P 500 Index.
Check Sonnet’s historical EPS and Sales here>>>
Check Snap-on’s historical EPS and Sales here>>>
Image Source: Zacks Investment Research
Zacks Recommendation Upgrade Drives Vertiv and Unum Higher
Shares of Vertiv Holdings VRT and Unum Group UNM have advanced 97.1% (versus the S&P 500’s 6.3% rise) and 19.2% (versus the S&P 500’s 6.5% rise) since their Zacks Recommendation was upgraded to Outperform on Apr 18 and Apr 17, respectively.
While the Zacks Rank is our short-term rating system that is most effective over the one- to three-month holding horizon, the Zacks Recommendation aims to predict performance over the next 6 to 12 months. However, just like the Zacks Rank, the foundation for the Zacks Recommendation is trends in earnings estimate revisions.
The Zacks Recommendation classifies stocks into three groups — Outperform, Neutral and Underperform. While these recommendations are determined quantitatively, our analysts have the flexibility to override them for the 1100+ stocks they closely follow based on their better judgment of factors such as valuation, industry conditions and management effectiveness than the quantitative model.
To access our research reports with Zacks Recommendations for the 1100+ stocks we cover, click here>>>
Zacks Focus List Stocks Lam Research, Arcosa Shoot Up
Shares of Lam Research Corporation LRCX, which belongs to the Zacks Focus List, have risen 30.2% over the past 12 weeks. The stock was added to the Focus List on Dec 5, 2016. Another Focus-List holding, Arcosa, Inc. ACA, which was added to the portfolio on Jan 6, 2020, has returned 29.1% over the past 12 weeks. The S&P 500 has gained 7.4% over this period.
The Zacks Focus List is a model portfolio of 50 hand-picked stocks that possess the right fundamental ingredients to outperform the market over the next 12 months. These 50 stocks are picked from a long list of stocks with the highest Zacks Rank.
The 50-stock Zacks Focus List model portfolio returned +9.14% in 2023 (through May 31) versus +9.64% for the S&P 500 Index. In 2022, the portfolio produced -15.2% versus the S&P 500 Index’s -17.96%.
Since 2004, the Focus List portfolio has produced an annualized return of +10.75% through May 31, 2023. This compares to a +9.2% annualized return for the S&P 500 Index in the same time period.
Unlock all of our powerful research, tools and analysis, including the Focus List, Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium. Gain full access now >>
Zacks ECAP Stocks Costco and Church & Dwight Make Significant Gains
Costco Wholesale Corporation COST, a component of our Earnings Certain Admiral Portfolio (ECAP), has jumped 10.8% over the past 12 weeks. Church & Dwight Co., Inc. CHD has followed Costco with 10.6% returns.
ECAP, which consists of 30 concentrated, ultra-defensive, long-term Buy and Hold stocks, returned +3.05% in 2023 (through May 31) versus +9.64% for the S&P 500 Index. The portfolio returned -4.7% in 2022 versus the S&P 500 Index’s -17.96%.
With little to no turnover and annual rebalance periodicity, the ECAP seeks to minimize capital loss by holding shares of companies whose earnings streams exhibit a proven 20+ year track record of surviving recessionary periods with minimal impact on aggregate earnings growth relative to the overall S&P 500.
The ECAP and many other model portfolios are available as part of Zacks Advisor Tools, a cloud-based solution to access Zacks award-winning stock, mutual fund and ETF research. Click here to schedule a demo.
Zacks ECDP Stocks Fastenal and Illinois Tool Works Outperform Peers
Fastenal Company FAST, which is part of our Earnings Certain Dividend Portfolio (ECDP), has returned 14.6% over the past 12 weeks. Another ECDP stock, Illinois Tool Works Inc. ITW, has climbed 9.9% over the same time frame. Of course, the inclination of investors toward quality dividend stocks to secure an income stream amid heightened market volatility contributed to this performance.
Check Fastenal’s dividend history here>>>
Check Illinois Tool Works’ dividend history here>>>
With an extremely low Beta and a history of minimum earnings variability over the last 20+ years, this 25-stock portfolio helps significantly mitigate risk.
ECDP returned -3.2% in 2023 (through May 31) versus +9.64% for the S&P 500 Index and +1.39% for the ProShares S&P 500 Dividend Aristocrats ETF NOBL. The portfolio returned -2.3% in 2022 versus -17.96% for the S&P 500 Index and -8.34% for NOBL.
Click here to access this portfolio on Zacks Advisor Tools.
Zacks Top 10 Stocks — Celsius Delivers Solid Returns
Celsius Holdings, Inc. CELH, from the Zacks Top 10 Stocks for 2023, has gained 43.4% year to date, which compares to a 15.5% gain for the S&P 500 Index.
The portfolio returned +7.12% through the end of May 2023 versus +9.64% for the S&P 500 (the equal-weighted index, a more appropriate benchmark, returned -0.63% in the same period). The portfolio returned -15.8% in 2022 versus -18.1% for the S&P 500 Index. Since 2012, the Top 10 portfolio has generated an annualized return of +22.4% versus +12.5% for the S&P 500 Index.
Since the start of 2012, the Zacks Top 10 Stocks delivered a cumulative return of 827.6% through the end of 2022 versus a 265% cumulative return for the S&P 500 Index.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock And 4 Runners Up
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Illinois Tool Works Inc. (ITW) : Free Stock Analysis Report
Fastenal Company (FAST) : Free Stock Analysis Report
Snap-On Incorporated (SNA) : Free Stock Analysis Report
Lam Research Corporation (LRCX) : Free Stock Analysis Report
Unum Group (UNM) : Free Stock Analysis Report
Costco Wholesale Corporation (COST) : Free Stock Analysis Report
Church & Dwight Co., Inc. (CHD) : Free Stock Analysis Report
ProShares S&P 500 Dividend Aristocrats ETF (NOBL): ETF Research Reports
Celsius Holdings Inc. (CELH) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
Vertiv Holdings Co. (VRT) : Free Stock Analysis Report
Sonnet BioTherapeutics Holdings, Inc. (SONN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Another Focus-List holding, Arcosa, Inc. ACA, which was added to the portfolio on Jan 6, 2020, has returned 29.1% over the past 12 weeks. Click to get this free report Illinois Tool Works Inc. (ITW) : Free Stock Analysis Report Fastenal Company (FAST) : Free Stock Analysis Report Snap-On Incorporated (SNA) : Free Stock Analysis Report Lam Research Corporation (LRCX) : Free Stock Analysis Report Unum Group (UNM) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Church & Dwight Co., Inc. (CHD) : Free Stock Analysis Report ProShares S&P 500 Dividend Aristocrats ETF (NOBL): ETF Research Reports Celsius Holdings Inc. (CELH) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Vertiv Holdings Co. (VRT) : Free Stock Analysis Report Sonnet BioTherapeutics Holdings, Inc. (SONN) : Free Stock Analysis Report To read this article on Zacks.com click here. Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. | Click to get this free report Illinois Tool Works Inc. (ITW) : Free Stock Analysis Report Fastenal Company (FAST) : Free Stock Analysis Report Snap-On Incorporated (SNA) : Free Stock Analysis Report Lam Research Corporation (LRCX) : Free Stock Analysis Report Unum Group (UNM) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Church & Dwight Co., Inc. (CHD) : Free Stock Analysis Report ProShares S&P 500 Dividend Aristocrats ETF (NOBL): ETF Research Reports Celsius Holdings Inc. (CELH) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Vertiv Holdings Co. (VRT) : Free Stock Analysis Report Sonnet BioTherapeutics Holdings, Inc. (SONN) : Free Stock Analysis Report To read this article on Zacks.com click here. Another Focus-List holding, Arcosa, Inc. ACA, which was added to the portfolio on Jan 6, 2020, has returned 29.1% over the past 12 weeks. This stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally audited track record, with Zacks Rank #1 stocks generating an average annual return of +24.8% since 1988.You can see the complete list of today’s Zacks Rank #1 stocks here >>> A hypothetical portfolio of Zacks Rank #1 (Strong Buy) stocks returned +2.7% this year (through May 15) versus +7.69% for the S&P 500 Index. | Click to get this free report Illinois Tool Works Inc. (ITW) : Free Stock Analysis Report Fastenal Company (FAST) : Free Stock Analysis Report Snap-On Incorporated (SNA) : Free Stock Analysis Report Lam Research Corporation (LRCX) : Free Stock Analysis Report Unum Group (UNM) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Church & Dwight Co., Inc. (CHD) : Free Stock Analysis Report ProShares S&P 500 Dividend Aristocrats ETF (NOBL): ETF Research Reports Celsius Holdings Inc. (CELH) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Vertiv Holdings Co. (VRT) : Free Stock Analysis Report Sonnet BioTherapeutics Holdings, Inc. (SONN) : Free Stock Analysis Report To read this article on Zacks.com click here. Another Focus-List holding, Arcosa, Inc. ACA, which was added to the portfolio on Jan 6, 2020, has returned 29.1% over the past 12 weeks. This stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally audited track record, with Zacks Rank #1 stocks generating an average annual return of +24.8% since 1988.You can see the complete list of today’s Zacks Rank #1 stocks here >>> A hypothetical portfolio of Zacks Rank #1 (Strong Buy) stocks returned +2.7% this year (through May 15) versus +7.69% for the S&P 500 Index. | Another Focus-List holding, Arcosa, Inc. ACA, which was added to the portfolio on Jan 6, 2020, has returned 29.1% over the past 12 weeks. Click to get this free report Illinois Tool Works Inc. (ITW) : Free Stock Analysis Report Fastenal Company (FAST) : Free Stock Analysis Report Snap-On Incorporated (SNA) : Free Stock Analysis Report Lam Research Corporation (LRCX) : Free Stock Analysis Report Unum Group (UNM) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Church & Dwight Co., Inc. (CHD) : Free Stock Analysis Report ProShares S&P 500 Dividend Aristocrats ETF (NOBL): ETF Research Reports Celsius Holdings Inc. (CELH) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Vertiv Holdings Co. (VRT) : Free Stock Analysis Report Sonnet BioTherapeutics Holdings, Inc. (SONN) : Free Stock Analysis Report To read this article on Zacks.com click here. This stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally audited track record, with Zacks Rank #1 stocks generating an average annual return of +24.8% since 1988.You can see the complete list of today’s Zacks Rank #1 stocks here >>> A hypothetical portfolio of Zacks Rank #1 (Strong Buy) stocks returned +2.7% this year (through May 15) versus +7.69% for the S&P 500 Index. |
35280.0 | 2023-06-30 00:00:00 UTC | Enviva (EVA) to Build More Wood Pellets From New Alabama Plant | ACA | https://www.nasdaq.com/articles/enviva-eva-to-build-more-wood-pellets-from-new-alabama-plant | nan | nan | Enviva Inc. EVA started construction of Epes plant in Sumter County, AL. The company has been operating in Sumter County since its first assessment of the location in 2018. The plant has been designed using information from the company’s existing ten plants to deliver an improved and modernized model known as the EVA-1100.
EVA purchased nearly 300 acres in the Epes Industrial Park in 2020 in order to build its wood pellet production plant. The park lies close to the Tombigbee River in Sumter County. In July 2022, the company started the construction work of its fully contracted Epes facility, which will have a nameplate capacity of 1.1 million metric tons per year. The plant will be operational by mid-2024, with ramped up production by 2025.
Benefits of the Project
Enviva plans to invest nearly $375 million for every newly constructed plant going forward, including the Epes plant. Once the facility becomes operational, it is expected to support jobs, including adjacent industries such as logging, trucking and shipping.
Pellets made at the Epes plant will be shipped to foreign markets, primarily those in Europe and Asia. This will help meet the international demand for reliable renewable energy sources that aid in defossilizing power and heat generation, as well as energy-intensive industries like steel, cement, lime and sustainable aviation fuels.
Advantages of Wood Pellets
Both Canada and the United States are major producers and exporters of wood pellets. The global demand for these pellets is expected to grow exponentially over the next few years. Enviva, the world’s largest producer of wood pellets, is planning to double its capacity from 6.2 million tons per annum (MTPA) to 13 MTPA by 2026.
Wood pellets are an eco-friendly fuel source that produces much lower emissions than fossil fuels. When burned, these pellets release only a small amount of carbon dioxide into the atmosphere, making them a cleaner fuel source. According to the Biomass Energy Resource Center, using wood pellets instead of fossil fuels can reduce greenhouse gas emissions up to 90%.
While the initial cost of installing a pellet boiler can be higher than a traditional oil or gas boiler, wood pellets are generally less expensive than fossil fuels. In addition, wood pellet prices are less volatile than oil and gas prices, which can fluctuate widely due to global supply and demand.
Therefore, by choosing wood pellets over fossil fuels, we can reduce our reliance on non-renewable energy sources and move toward a more sustainable future.
Price Performance
In the past month, shares of Enviva have risen 28% compared with the industry’s 17% growth.
Image Source: Zacks Investment Research
Zacks Rank & Stocks to Consider
Enviva currently carries a Zacks Rank #5 (Strong Sell).
Some better-ranked stocks from the same sector are Arcosa ACA, Eagle Materials EXP and Lennar LEN, each sporting Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for ACA’s 2023 earnings per share (EPS) indicates a year-over-year increase of 26.5%. It delivered an average earnings surprise of 59.9% in the last four quarters.
The Zacks Consensus Estimate for EXP’s 2023 EPS indicates a year-over-year improvement of 8.4%. It delivered an average earnings surprise of 6.5% in the last four quarters.
LEN’s long-term (three- to five-year) earnings growth rate is 6%. It delivered an average earnings surprise of 18.4% in the last four quarters.
Top 5 ChatGPT Stocks Revealed
Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.
Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”
Download Free ChatGPT Stock Report Right Now >>
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Lennar Corporation (LEN) : Free Stock Analysis Report
Eagle Materials Inc (EXP) : Free Stock Analysis Report
Enviva Inc. (EVA) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Some better-ranked stocks from the same sector are Arcosa ACA, Eagle Materials EXP and Lennar LEN, each sporting Zacks Rank #1 (Strong Buy) at present. The Zacks Consensus Estimate for ACA’s 2023 earnings per share (EPS) indicates a year-over-year increase of 26.5%. Click to get this free report Lennar Corporation (LEN) : Free Stock Analysis Report Eagle Materials Inc (EXP) : Free Stock Analysis Report Enviva Inc. (EVA) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. | Some better-ranked stocks from the same sector are Arcosa ACA, Eagle Materials EXP and Lennar LEN, each sporting Zacks Rank #1 (Strong Buy) at present. Click to get this free report Lennar Corporation (LEN) : Free Stock Analysis Report Eagle Materials Inc (EXP) : Free Stock Analysis Report Enviva Inc. (EVA) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Consensus Estimate for ACA’s 2023 earnings per share (EPS) indicates a year-over-year increase of 26.5%. | Click to get this free report Lennar Corporation (LEN) : Free Stock Analysis Report Eagle Materials Inc (EXP) : Free Stock Analysis Report Enviva Inc. (EVA) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Some better-ranked stocks from the same sector are Arcosa ACA, Eagle Materials EXP and Lennar LEN, each sporting Zacks Rank #1 (Strong Buy) at present. The Zacks Consensus Estimate for ACA’s 2023 earnings per share (EPS) indicates a year-over-year increase of 26.5%. | Some better-ranked stocks from the same sector are Arcosa ACA, Eagle Materials EXP and Lennar LEN, each sporting Zacks Rank #1 (Strong Buy) at present. The Zacks Consensus Estimate for ACA’s 2023 earnings per share (EPS) indicates a year-over-year increase of 26.5%. Click to get this free report Lennar Corporation (LEN) : Free Stock Analysis Report Eagle Materials Inc (EXP) : Free Stock Analysis Report Enviva Inc. (EVA) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. |
35281.0 | 2023-06-27 00:00:00 UTC | Do Options Traders Know Something About Arcosa (ACA) Stock We Don't? | ACA | https://www.nasdaq.com/articles/do-options-traders-know-something-about-arcosa-aca-stock-we-dont-0 | nan | nan | Investors in Arcosa, Inc. ACA need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 18, 2023 $30.00 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Arcosa shares, but what is the fundamental picture for the company? Currently, Arcosa is a Zacks Rank #1 (Strong Buy) in the Building Products - Miscellaneous industry that ranks in the Top 24% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased the earnings estimate for the current quarter, while none have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from 48 cents per share to 58 cents in that period.
Given the way analysts feel about Arcosa right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Looking to Trade Options?
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Investors in Arcosa, Inc. ACA need to pay close attention to the stock based on moves in the options market lately. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Investors in Arcosa, Inc. ACA need to pay close attention to the stock based on moves in the options market lately. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. | Investors in Arcosa, Inc. ACA need to pay close attention to the stock based on moves in the options market lately. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. | Investors in Arcosa, Inc. ACA need to pay close attention to the stock based on moves in the options market lately. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Over the last 60 days, one analyst has increased the earnings estimate for the current quarter, while none have dropped their estimates. |
35282.0 | 2023-06-20 00:00:00 UTC | Validea's Top 5 Industrial Stocks Based On Martin Zweig - 6/20/2023 | ACA | https://www.nasdaq.com/articles/valideas-top-5-industrial-stocks-based-on-martin-zweig-6-20-2023 | nan | nan | The following are the top rated Industrial stocks according to Validea's Growth Investor model based on the published strategy of Martin Zweig. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt.
CSW INDUSTRIALS INC (CSWI) is a mid-cap growth stock in the Constr. - Supplies & Fixtures industry. The rating according to our strategy based on Martin Zweig is 77% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: CSW Industrials, Inc. is a diversified industrial company with operations in three segments, namely Contractor Solutions, Engineered Building Solutions and Specialized Reliability Solutions. The Contractor Solutions segment manufactures efficiency and performance enhancing products for residential and commercial heating, ventilation, air conditioning and refrigeration and plumbing applications, which are designed for professional end use customers. Its brands include Balco, Balco IllumiTread, Balco MetaflexPro and BlazeSeal. The Engineered Building Solutions segment provides primarily code-driven, life-safety products that are engineered to provide solutions for the construction, refurbishment and modernization of commercial, institutional and multi-family residential buildings. The Specialized Reliability Solutions segment manufactures and supplies specialized consumables that impart or enhance properties, such as lubricity, anti-seize qualities, friction, sealing, and heat control.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: PASS
SALES GROWTH RATE: FAIL
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: PASS
TOTAL DEBT/EQUITY RATIO: PASS
INSIDER TRANSACTIONS: PASS
Detailed Analysis of CSW INDUSTRIALS INC
CSWI Guru Analysis
CSWI Fundamental Analysis
ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. The rating according to our strategy based on Martin Zweig is 77% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Arcosa, Inc. is a provider of infrastructure-related products and solutions with brands serving construction, engineered structure, and transportation markets in North America. The Company's segments are Construction Products, Engineered Structures and Transportation Products. Its Construction Products segment produces and sells natural and recycled aggregates, specialty materials, and construction site support equipment, including trench shields and shoring products. Its Engineered Structures segment manufactures and sells steel structures for infrastructure businesses, including utility structures for electricity transmission and distribution, structural wind towers, traffic structures, and telecommunication structures. This segment also manufactures distribution tanks. The Transportation Products segment manufactures and sells inland barges, fiberglass barge covers, winches, marine hardware, and steel components for railcars and other transportation and industrial equipment.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL
SALES GROWTH RATE: PASS
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: PASS
TOTAL DEBT/EQUITY RATIO: PASS
INSIDER TRANSACTIONS: PASS
Detailed Analysis of ARCOSA INC
ACA Guru Analysis
ACA Fundamental Analysis
HEXCEL CORPORATION (HXL) is a mid-cap growth stock in the Electronic Instr. & Controls industry. The rating according to our strategy based on Martin Zweig is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Hexcel Corporation is engaged in providing advanced lightweight composites technology. The Company's product range includes carbon fiber, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, resins, engineered core, and composite structures for use in commercial aerospace, space and defense, and industrial applications. The Company operates through two segments: Composite Materials and Engineered Products. The Composite Materials segment is comprised of its carbon fiber, specialty reinforcements, resin systems, prepregs and other fiber-reinforced matrix materials, and honeycomb core product lines and pultruded profiles. The Engineered Products segment is comprised of lightweight high-strength composite structures, radio frequency/electromagnetic interference (RF/EMI) and microwave absorbing materials, engineered core, and specialty machined honeycomb products with added functionality and thermoplastic additive manufacturing.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: PASS
SALES GROWTH RATE: FAIL
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: FAIL
TOTAL DEBT/EQUITY RATIO: PASS
INSIDER TRANSACTIONS: PASS
Detailed Analysis of HEXCEL CORPORATION
HXL Guru Analysis
HXL Fundamental Analysis
DXP ENTERPRISES INC (DXPE) is a small-cap value stock in the Misc. Capital Goods industry. The rating according to our strategy based on Martin Zweig is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: DXP Enterprises, Inc. is engaged in the business of distributing maintenance, repair and operating (MRO) products, equipment and services to energy and industrial customers. The Company's segments include Service Centers (SC), Supply Chain Services (SCS) and Innovative Pumping Solutions (IPS). The SC segment is engaged in providing MRO products, equipment and services, including technical expertise and logistics capabilities, to a variety of customers serving varied end markets with the ability to provide same day delivery. Its IPS segment provides integrated, custom pump skid packages, pump remanufacturing and manufactures branded private label pumps to meet the capital equipment needs of its global customer base. Its SCS segment manages all or part of its customers' supply chains, including procurement and inventory management. It operates from over 180 locations which include 37 states in the United States, nine provinces in Canada, and one location in Dubai.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL
SALES GROWTH RATE: FAIL
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
INSIDER TRANSACTIONS: PASS
Detailed Analysis of DXP ENTERPRISES INC
DXPE Guru Analysis
DXPE Fundamental Analysis
CAE INC (USA) (CAE) is a mid-cap growth stock in the Schools industry. The rating according to our strategy based on Martin Zweig is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: CAE Inc. is a Canada-based technology company. The Company operates through three segments: Civil Aviation, Defense and Security, and Healthcare. The Civil Aviation training segment provides comprehensive training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training and crew sourcing services, as well as end-to-end digitally enabled crew management, training operations solutions and optimization software. The defense and Security segment provides training and simulation pure play focusing on ensuring mission readiness by integrating systems and solutions across all five domains for government organizations responsible for public safety. Healthcare segment provides healthcare students and clinical professionals innovative, integrated and virtual education and training solutions, including interventional and imaging simulations and curricular.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: PASS
SALES GROWTH RATE: PASS
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: FAIL
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: FAIL
TOTAL DEBT/EQUITY RATIO: FAIL
INSIDER TRANSACTIONS: PASS
Detailed Analysis of CAE INC (USA)
CAE Guru Analysis
CAE Fundamental Analysis
Martin Zweig Portfolio
About Martin Zweig: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Detailed Analysis of CSW INDUSTRIALS INC CSWI Guru Analysis CSWI Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis HEXCEL CORPORATION (HXL) is a mid-cap growth stock in the Electronic Instr. The Contractor Solutions segment manufactures efficiency and performance enhancing products for residential and commercial heating, ventilation, air conditioning and refrigeration and plumbing applications, which are designed for professional end use customers. | Detailed Analysis of CSW INDUSTRIALS INC CSWI Guru Analysis CSWI Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis HEXCEL CORPORATION (HXL) is a mid-cap growth stock in the Electronic Instr. The Company's product range includes carbon fiber, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, resins, engineered core, and composite structures for use in commercial aerospace, space and defense, and industrial applications. | Detailed Analysis of CSW INDUSTRIALS INC CSWI Guru Analysis CSWI Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis HEXCEL CORPORATION (HXL) is a mid-cap growth stock in the Electronic Instr. Company Description: CSW Industrials, Inc. is a diversified industrial company with operations in three segments, namely Contractor Solutions, Engineered Building Solutions and Specialized Reliability Solutions. | Detailed Analysis of CSW INDUSTRIALS INC CSWI Guru Analysis CSWI Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis HEXCEL CORPORATION (HXL) is a mid-cap growth stock in the Electronic Instr. Company Description: CSW Industrials, Inc. is a diversified industrial company with operations in three segments, namely Contractor Solutions, Engineered Building Solutions and Specialized Reliability Solutions. |
35283.0 | 2023-06-16 00:00:00 UTC | Why This Under-the-Radar Renewable Energy Stock is a 'Strong Buy' | ACA | https://www.nasdaq.com/articles/why-this-under-the-radar-renewable-energy-stock-is-a-strong-buy | nan | nan | Arcosa, Inc. (ACA) is not a solar name or a true pure-play renewable energy stock. Instead, the infrastructure products and solutions firm is benefitting from multiple megatrends including renewable energy, electrification, telecom expansion, nationwide infrastructure spending, and more.
ACA provided fantastic guidance in late April that’s helped send the stock to fresh highs. Even though Arcosa stock has climbed by 55% in the last year and crushed the market since ACA’s debut in late 2018, its valuation is far from overheated and Arcosa still sits solidly below its current average Zacks price target.
U.S. Infrastructure Spending Boom
Arcosa provides infrastructure-related products and solutions across construction, engineered structures, and transportation markets. Arcosa is benefitting from megatrends such as aging infrastructure, as well as the “continued shift to renewable power generation, and the expansion of new transmission, distribution, and telecommunications infrastructure.”
Arcosa’s growth has been solid since it spun off from Trinity Industries in late 2018. ACA crushed Zacks Q1 earnings estimate in late April and provided hugely upbeat guidance. ACA’s fiscal 2023 consensus estimate has surged by 44% since its report, with FY24’s figure 38% higher. ACA’s bottom-line positivity helps it grab a Zacks Rank #1 (Strong Buy) right now.
Image Source: Zacks Investment Research
Arcosa’s engineered structures division includes utility structures, telecom structures, wind towers, and beyond. ACA’s wind tower business is booming, having landed wind tower orders worth over $1.1 billion that extend into 2028 since the passage of the Inflation Reduction Act (August 2022).
ACA is benefitting directly from the $1 trillion U.S. Infrastructure Bill and the $370 billion Inflation Reduction Act, which Arcosa executives expect will create multi-year tailwinds for many of its businesses.
The gusts at Arcosa’s back include grid-hardening, electrification of vehicles, connecting renewable energy to the grid, the wireless 5G telecom buildout, and more. Arcosa is building out a new manufacturing facility in New Mexico to support its wind industry growth, particularly in the Southwest.
Image Source: Zacks Investment Research
Other Fundamentals
Zacks estimates call for Arcosa’s adjusted 2023 earnings to surge by 27% and then jump another 18% higher in 2024 to reach $3.26 per share. ACA has topped our EPS estimates by an average of 60% in the trailing four quarters, including a 112% beat in Q1.
The company’s revenue is projected to come in roughly flat YoY in 2023. ACA divested its storage tanks business in October 2022. Once the comparisons are smoothed out, Zacks calls for Arcosa to post 10% revenue growth in 2024 to reach $2.46 billion.
Image Source: Zacks Investment Research
Arcosa shares surged following its late-April release and it has hit multiple new highs over the last month-plus. ACA is up 32% YTD and 55% in the last year to crush the S&P 500’s 21% run and its highly-ranked Zacks industry’s 38%. ACA stock has climbed 160% since it began trading in late 2018 to blow away the S&P 500’s 64% and its industry’s 82%.
ACA is cooling off a bit recently, having recently slipped out of overbought RSI territory to closer to neutral. Arcosa still trades far above its 50-day moving average, and ACA sits 13% below its average Zacks price target.
Despite Arcosa’s market and industry-topping performance over the last 12 months and five years, ACA is trading at a 30% discount to its own highs at 24.1X forward 12-month earnings.
Image Source: Zacks Investment Research
Bottom Line
The $3.5 billion market cap firm with an average trading volume of around 215K is gaining more positive attention from Wall Street, according to Zacks brokerage recommendations. Arcosa pays a very small dividend at the moment, but it has plenty of room to slowly raise the payout going forward.
Overall, Arcosa appears to be a somewhat under-the-radar and strong way to gain exposure to multiple long-term trends in the U.S. and global economy. And its recent slip sets up a better entry point.
(Disclosure: Ben Rains owns ACA in the Zacks Alternative Energy Innovators service)
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | ACA is benefitting directly from the $1 trillion U.S. Infrastructure Bill and the $370 billion Inflation Reduction Act, which Arcosa executives expect will create multi-year tailwinds for many of its businesses. Arcosa, Inc. (ACA) is not a solar name or a true pure-play renewable energy stock. ACA provided fantastic guidance in late April that’s helped send the stock to fresh highs. | Arcosa, Inc. (ACA) is not a solar name or a true pure-play renewable energy stock. ACA provided fantastic guidance in late April that’s helped send the stock to fresh highs. Even though Arcosa stock has climbed by 55% in the last year and crushed the market since ACA’s debut in late 2018, its valuation is far from overheated and Arcosa still sits solidly below its current average Zacks price target. | Even though Arcosa stock has climbed by 55% in the last year and crushed the market since ACA’s debut in late 2018, its valuation is far from overheated and Arcosa still sits solidly below its current average Zacks price target. (Disclosure: Ben Rains owns ACA in the Zacks Alternative Energy Innovators service) Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. Arcosa, Inc. (ACA) is not a solar name or a true pure-play renewable energy stock. | Arcosa, Inc. (ACA) is not a solar name or a true pure-play renewable energy stock. ACA provided fantastic guidance in late April that’s helped send the stock to fresh highs. Even though Arcosa stock has climbed by 55% in the last year and crushed the market since ACA’s debut in late 2018, its valuation is far from overheated and Arcosa still sits solidly below its current average Zacks price target. |
35284.0 | 2023-06-16 00:00:00 UTC | 3 Momentum Anomaly Picks on Rate Hike Pause, Resilient Economy | ACA | https://www.nasdaq.com/articles/3-momentum-anomaly-picks-on-rate-hike-pause-resilient-economy | nan | nan | The equity market has witnessed a steady uptrend over the past few trading days as the Federal Reserve paused its aggressive rate hike regime to maintain its benchmark interest rate in the range of 5%-5.25%. This buoyed the stock market rally as investors largely expect the rate-hiking cycle to be nearly over, although the Fed indicated that two more hikes are likely to take place later this year. The pause was further triggered by a slowdown in inflation, which recorded 4.1% annual growth in May, significantly down from its peak value of 9.1% in June 2022.
Retail sales, which are not adjusted for inflation, improved 0.3% month over month against broad-based expectations of a 0.2% decline. On a year-over-year basis, it improved 1.6% as consumers continued to spend. The latest New York state factory activity data also showed a surprise rebound in orders and shipments in June, portraying economic strength.
The markets were further propelled by a better-than-expected May jobs report that allayed the fears of recession from the near-term horizon to at least until 2024. The jobs report revealed that payrolls in the public and private sectors increased by 339,000 in May, significantly higher than broad-based expectations of a 190,000 rise. While professional and business services added 64,000 jobs, the government and healthcare sectors contributed 56,000 and 52,000 job additions, respectively. Average hourly earnings, a key inflation indicator, improved 0.3% for the month and were in sync with expectations.
The focus has now shifted to the Fed’s Jul 25-26 policy meeting, which is likely to be another potential market catalyst. With uncertainty becoming the norm of the day, investors often seek to employ time-tested winning strategies to fetch sustained profits. One of the most successful game plans to beat the blues is to bet on momentum stocks when value or growth investing fails to generate the desired profits.
This approach primarily tends to follow the adage, “the trend is your friend.” At its core, momentum investing is “buying high and selling higher.” It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction because of the momentum that is already behind it. But before we delve deep into it, let us try to fathom why does the momentum strategy at all work?
There are several behavioral biases that most investors exhibit in their decision-making. And these emotional responses, or rather mistakes, are the very reason that makes the momentum strategy work.
For example, some investors are anxious about booking losses and hence hold on to losing stocks for too long, hopeful of a rebound in prices. On the other hand, a few investors sell their winners way too early. Momentum investing is one of the best strategies to avoid making such errors in judgment.
Furthermore, investors initially tend to underreact to news, events or data releases. However, once things become clear, they have a habit of going with the flow and overreacting, causing dramatic price reactions. These behavioral problems extend trends, thus opening up huge opportunities for momentum players.
To sum up, momentum investing is a way to profit from the general human tendency to extrapolate current trends into the future. It is based on that gap in time before the mean reversion occurs, i.e., before prices become rational again.
In this context, stocks like Wingstop Inc. WING, Arcosa, Inc. ACA and Rambus Inc. RMBS are worth betting on.
Momentum strategies have been known to be alpha-generative over a long period and across market stages. So, this strategy is quite tricky to implement, as detecting these trends is no child’s play.
Here, we have created a strategy to help investors get in on these fast movers and rake in handsome gains. Our screen will help you benefit from both long-term price momentum and a short-term pullback in price.
Screening Parameters
Percentage Change in Price (52 Weeks) = Top #50: This selects the top 50 stocks with the best percentage price change over the last 52 weeks. This parameter ensures we get the best stocks that have appreciated steadily over the past year.
Percentage Change in Price (1 Week) = Bottom #10: From the above 50 stocks, we then choose those that are also among the 10 worst performers over a short one-week period. This parameter picks the ones that have witnessed a short-term pullback in price.
Zacks Rank #1: Stocks sporting a Zacks Rank #1 (Strong Buy) have a proven history of outperformance irrespective of the market conditions. You can see the complete list of today’s Zacks #1 Rank stocks here.
Momentum Style Score of B or Better: A top Momentum Style Score knocks out a lot of the screening process as it takes into account several factors that include volume change and performance relative to its peers. It indicates when the timing is best to grab a stock and take advantage of its momentum with the highest probability of success. Stocks with a Momentum Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy), handily outperform other stocks.
Current Price greater than $5: The stocks must all be trading at a minimum of $5.
Market Capitalization = Top #3000: We have chosen stocks that are among the top 3000 in terms of market value to ensure the stability of price.
Average 20-Day Volume greater than 100,000: A substantial trading volume ensures that these stocks are easily tradable.
Here are three of the four stocks that made it through this screen:
Headquartered in Dallas, TX, Wingstop operates and franchises more than 2,000 restaurants globally under the Wingstop brand name. Its restaurants offer classic wings, boneless wings and tenders that are cooked-to-order and hand-sauced-and-tossed in various flavors. The stock has gained 146.7% in the past year but declined 2.3% in the past week. It has a Momentum Score of A.
Headquartered in Dallas, TX, Arcosa is a provider of infrastructure-related products and solutions for the construction, engineered structures and transportation markets in North America. The stock has appreciated 55.5% in the past year but declined 1.7% in the past week. It has a Momentum Score of A.
Headquartered in San Jose, CA, Rambus provides semiconductor products in the United States, Taiwan, South Korea, Japan, Europe, Canada, Singapore, China and internationally. With more than 33 years of experience, it delivers industry-leading semiconductor chips and other related products for data-intensive systems. The stock has rallied 189.7% in the past year but declined 6% in the past week. Rambus has a Momentum Score of B.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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Rambus, Inc. (RMBS) : Free Stock Analysis Report
Wingstop Inc. (WING) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | In this context, stocks like Wingstop Inc. WING, Arcosa, Inc. ACA and Rambus Inc. RMBS are worth betting on. Click to get this free report Rambus, Inc. (RMBS) : Free Stock Analysis Report Wingstop Inc. (WING) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. This buoyed the stock market rally as investors largely expect the rate-hiking cycle to be nearly over, although the Fed indicated that two more hikes are likely to take place later this year. | Click to get this free report Rambus, Inc. (RMBS) : Free Stock Analysis Report Wingstop Inc. (WING) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. In this context, stocks like Wingstop Inc. WING, Arcosa, Inc. ACA and Rambus Inc. RMBS are worth betting on. Screening Parameters Percentage Change in Price (52 Weeks) = Top #50: This selects the top 50 stocks with the best percentage price change over the last 52 weeks. | Click to get this free report Rambus, Inc. (RMBS) : Free Stock Analysis Report Wingstop Inc. (WING) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. In this context, stocks like Wingstop Inc. WING, Arcosa, Inc. ACA and Rambus Inc. RMBS are worth betting on. This approach primarily tends to follow the adage, “the trend is your friend.” At its core, momentum investing is “buying high and selling higher.” It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction because of the momentum that is already behind it. | In this context, stocks like Wingstop Inc. WING, Arcosa, Inc. ACA and Rambus Inc. RMBS are worth betting on. Click to get this free report Rambus, Inc. (RMBS) : Free Stock Analysis Report Wingstop Inc. (WING) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Screening Parameters Percentage Change in Price (52 Weeks) = Top #50: This selects the top 50 stocks with the best percentage price change over the last 52 weeks. |
35285.0 | 2023-06-15 00:00:00 UTC | Is Arcosa (ACA) Stock Outpacing Its Construction Peers This Year? | ACA | https://www.nasdaq.com/articles/is-arcosa-aca-stock-outpacing-its-construction-peers-this-year-0 | nan | nan | Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Has Arcosa (ACA) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Arcosa is one of 96 individual stocks in the Construction sector. Collectively, these companies sit at #1 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Arcosa is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for ACA's full-year earnings has moved 44.3% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that ACA has returned about 34.8% since the start of the calendar year. In comparison, Construction companies have returned an average of 22.2%. As we can see, Arcosa is performing better than its sector in the calendar year.
Beazer Homes (BZH) is another Construction stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 74.6%.
Over the past three months, Beazer Homes' consensus EPS estimate for the current year has increased 11%. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, Arcosa is a member of the Building Products - Miscellaneous industry, which includes 27 individual companies and currently sits at #43 in the Zacks Industry Rank. On average, stocks in this group have gained 23.9% this year, meaning that ACA is performing better in terms of year-to-date returns.
In contrast, Beazer Homes falls under the Building Products - Home Builders industry. Currently, this industry has 19 stocks and is ranked #15. Since the beginning of the year, the industry has moved +36.2%.
Going forward, investors interested in Construction stocks should continue to pay close attention to Arcosa and Beazer Homes as they could maintain their solid performance.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
Beazer Homes USA, Inc. (BZH) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | On average, stocks in this group have gained 23.9% this year, meaning that ACA is performing better in terms of year-to-date returns. Has Arcosa (ACA) been one of those stocks this year? Over the past three months, the Zacks Consensus Estimate for ACA's full-year earnings has moved 44.3% higher. | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Beazer Homes USA, Inc. (BZH) : Free Stock Analysis Report To read this article on Zacks.com click here. Has Arcosa (ACA) been one of those stocks this year? Over the past three months, the Zacks Consensus Estimate for ACA's full-year earnings has moved 44.3% higher. | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Beazer Homes USA, Inc. (BZH) : Free Stock Analysis Report To read this article on Zacks.com click here. Has Arcosa (ACA) been one of those stocks this year? Over the past three months, the Zacks Consensus Estimate for ACA's full-year earnings has moved 44.3% higher. | Has Arcosa (ACA) been one of those stocks this year? Over the past three months, the Zacks Consensus Estimate for ACA's full-year earnings has moved 44.3% higher. Our latest available data shows that ACA has returned about 34.8% since the start of the calendar year. |
35286.0 | 2023-06-14 00:00:00 UTC | What Makes Arcosa (ACA) a Strong Momentum Stock: Buy Now? | ACA | https://www.nasdaq.com/articles/what-makes-arcosa-aca-a-strong-momentum-stock%3A-buy-now | nan | nan | Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.
Below, we take a look at Arcosa (ACA), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.
It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Arcosa currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.
You can see the current list of Zacks #1 Rank Stocks here >>>
Set to Beat the Market?
Let's discuss some of the components of the Momentum Style Score for ACA that show why this provider of infrastructure-related products and services shows promise as a solid momentum pick.
A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.
For ACA, shares are up 4.38% over the past week while the Zacks Building Products - Miscellaneous industry is up 2.35% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 8.2% compares favorably with the industry's 5.14% performance as well.
While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Over the past quarter, shares of Arcosa have risen 17.86%, and are up 47.37% in the last year. On the other hand, the S&P 500 has only moved 13.75% and 18.33%, respectively.
Investors should also take note of ACA's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, ACA is averaging 198,127 shares for the last 20 days.
Earnings Outlook
The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with ACA.
Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost ACA's consensus estimate, increasing from $1.92 to $2.77 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been no downward revisions in the same time period.
Bottom Line
Given these factors, it shouldn't be surprising that ACA is a #1 (Strong Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Arcosa on your short list.
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Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Below, we take a look at Arcosa (ACA), a company that currently holds a Momentum Style Score of B. Let's discuss some of the components of the Momentum Style Score for ACA that show why this provider of infrastructure-related products and services shows promise as a solid momentum pick. For ACA, shares are up 4.38% over the past week while the Zacks Building Products - Miscellaneous industry is up 2.35% over the same time period. | Let's discuss some of the components of the Momentum Style Score for ACA that show why this provider of infrastructure-related products and services shows promise as a solid momentum pick. Below, we take a look at Arcosa (ACA), a company that currently holds a Momentum Style Score of B. For ACA, shares are up 4.38% over the past week while the Zacks Building Products - Miscellaneous industry is up 2.35% over the same time period. | Below, we take a look at Arcosa (ACA), a company that currently holds a Momentum Style Score of B. Let's discuss some of the components of the Momentum Style Score for ACA that show why this provider of infrastructure-related products and services shows promise as a solid momentum pick. For ACA, shares are up 4.38% over the past week while the Zacks Building Products - Miscellaneous industry is up 2.35% over the same time period. | Below, we take a look at Arcosa (ACA), a company that currently holds a Momentum Style Score of B. Let's discuss some of the components of the Momentum Style Score for ACA that show why this provider of infrastructure-related products and services shows promise as a solid momentum pick. For ACA, shares are up 4.38% over the past week while the Zacks Building Products - Miscellaneous industry is up 2.35% over the same time period. |
35287.0 | 2023-06-12 00:00:00 UTC | What Makes Arcosa (ACA) a New Strong Buy Stock | ACA | https://www.nasdaq.com/articles/what-makes-arcosa-aca-a-new-strong-buy-stock | nan | nan | Arcosa (ACA) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.
Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.
Therefore, the Zacks rating upgrade for Arcosa basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.
Most Powerful Force Impacting Stock Prices
The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Arcosa imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate Revisions
Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>.
Earnings Estimate Revisions for Arcosa
For the fiscal year ending December 2023, this provider of infrastructure-related products and services is expected to earn $2.77 per share, which is a change of 26.5% from the year-ago reported number.
Analysts have been steadily raising their estimates for Arcosa. Over the past three months, the Zacks Consensus Estimate for the company has increased 44.3%.
Bottom Line
Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Arcosa to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arcosa (ACA) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. | Arcosa (ACA) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. | Arcosa (ACA) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Most Powerful Force Impacting Stock Prices The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. | Arcosa (ACA) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. |
35288.0 | 2023-06-12 00:00:00 UTC | New Strong Buy Stocks for June 12th | ACA | https://www.nasdaq.com/articles/new-strong-buy-stocks-for-june-12th | nan | nan | Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
Arcosa, Inc. ACA: This infrastructure solutions provider has seen the Zacks Consensus Estimate for its current year earnings increasing 44.3% over the last 60 days.
Arcosa, Inc. Price and Consensus
Arcosa, Inc. price-consensus-chart | Arcosa, Inc. Quote
Bridgestone Corporation BRDCY: This company that manufactures and sells tires and rubber products has seen the Zacks Consensus Estimate for its current year earnings increasing nearly 13% over the last 60 days.
Bridgestone Corp. Price and Consensus
Bridgestone Corp. price-consensus-chart | Bridgestone Corp. Quote
Volkswagen AG VWAGY: This automobile company has seen the Zacks Consensus Estimate for its current year earnings increasing 13.7% over the last 60 days.
Volkswagen AG Unsponsored ADR Price and Consensus
Volkswagen AG Unsponsored ADR price-consensus-chart | Volkswagen AG Unsponsored ADR Quote
Ingredion Incorporated INGR: This company that processes corn and other starch-based materials and sells the byproducts has seen the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.
Ingredion Incorporated Price and Consensus
Ingredion Incorporated price-consensus-chart | Ingredion Incorporated Quote
World Acceptance Corporation WRLD: This consumer finance company has seen the Zacks Consensus Estimate for its current year earnings increasing 42.4% over the last 60 days.
World Acceptance Corporation Price and Consensus
World Acceptance Corporation price-consensus-chart | World Acceptance Corporation Quote
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
World Acceptance Corporation (WRLD) : Free Stock Analysis Report
Bridgestone Corp. (BRDCY) : Free Stock Analysis Report
Ingredion Incorporated (INGR) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
Volkswagen AG Unsponsored ADR (VWAGY) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Arcosa, Inc. ACA: This infrastructure solutions provider has seen the Zacks Consensus Estimate for its current year earnings increasing 44.3% over the last 60 days. Click to get this free report World Acceptance Corporation (WRLD) : Free Stock Analysis Report Bridgestone Corp. (BRDCY) : Free Stock Analysis Report Ingredion Incorporated (INGR) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Volkswagen AG Unsponsored ADR (VWAGY) : Free Stock Analysis Report To read this article on Zacks.com click here. Volkswagen AG Unsponsored ADR Price and Consensus Volkswagen AG Unsponsored ADR price-consensus-chart | Volkswagen AG Unsponsored ADR Quote Ingredion Incorporated INGR: This company that processes corn and other starch-based materials and sells the byproducts has seen the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days. | Click to get this free report World Acceptance Corporation (WRLD) : Free Stock Analysis Report Bridgestone Corp. (BRDCY) : Free Stock Analysis Report Ingredion Incorporated (INGR) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Volkswagen AG Unsponsored ADR (VWAGY) : Free Stock Analysis Report To read this article on Zacks.com click here. Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Arcosa, Inc. ACA: This infrastructure solutions provider has seen the Zacks Consensus Estimate for its current year earnings increasing 44.3% over the last 60 days. Volkswagen AG Unsponsored ADR Price and Consensus Volkswagen AG Unsponsored ADR price-consensus-chart | Volkswagen AG Unsponsored ADR Quote Ingredion Incorporated INGR: This company that processes corn and other starch-based materials and sells the byproducts has seen the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days. | Click to get this free report World Acceptance Corporation (WRLD) : Free Stock Analysis Report Bridgestone Corp. (BRDCY) : Free Stock Analysis Report Ingredion Incorporated (INGR) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Volkswagen AG Unsponsored ADR (VWAGY) : Free Stock Analysis Report To read this article on Zacks.com click here. Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Arcosa, Inc. ACA: This infrastructure solutions provider has seen the Zacks Consensus Estimate for its current year earnings increasing 44.3% over the last 60 days. Volkswagen AG Unsponsored ADR Price and Consensus Volkswagen AG Unsponsored ADR price-consensus-chart | Volkswagen AG Unsponsored ADR Quote Ingredion Incorporated INGR: This company that processes corn and other starch-based materials and sells the byproducts has seen the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days. | Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Arcosa, Inc. ACA: This infrastructure solutions provider has seen the Zacks Consensus Estimate for its current year earnings increasing 44.3% over the last 60 days. Click to get this free report World Acceptance Corporation (WRLD) : Free Stock Analysis Report Bridgestone Corp. (BRDCY) : Free Stock Analysis Report Ingredion Incorporated (INGR) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report Volkswagen AG Unsponsored ADR (VWAGY) : Free Stock Analysis Report To read this article on Zacks.com click here. Ingredion Incorporated Price and Consensus Ingredion Incorporated price-consensus-chart | Ingredion Incorporated Quote World Acceptance Corporation WRLD: This consumer finance company has seen the Zacks Consensus Estimate for its current year earnings increasing 42.4% over the last 60 days. |
35289.0 | 2023-05-21 00:00:00 UTC | Validea's Top 5 Industrial Stocks Based On John Neff - 5/21/2023 | ACA | https://www.nasdaq.com/articles/valideas-top-5-industrial-stocks-based-on-john-neff-5-21-2023 | nan | nan | The following are the top rated Industrial stocks according to Validea's Low PE Investor model based on the published strategy of John Neff. This strategy looks for firms with persistent earnings growth that trade at a discount relative to their earnings growth and dividend yield.
UNITED RENTALS, INC. (URI) is a large-cap value stock in the Rental & Leasing industry. The rating according to our strategy based on John Neff is 81% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: United Rentals, Inc. is an equipment rental company. The Company operates through two segments: general rentals and specialty. The general rentals segment includes the rental of construction, aerial and industrial equipment, general tools and light equipment, and related services and activities. The general rentals segment's customers include construction and industrial companies, manufacturers, utilities, municipalities and homeowners. The Company's specialty segment includes the rental of specialty construction products, such as trench safety equipment; power and heating, ventilation, and air conditioning (HVAC) equipment; fluid solutions equipment, and mobile storage equipment and modular office space. The specialty segment's customers include construction companies engaged in infrastructure projects, municipalities and industrial companies. It operates throughout the United States, Canada, Europe, Australia and New Zealand. Its subsidiary is United Rentals (North America), Inc.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: FAIL
FUTURE EPS GROWTH: PASS
SALES GROWTH: PASS
TOTAL RETURN/PE: PASS
FREE CASH FLOW: PASS
EPS PERSISTENCE: PASS
Detailed Analysis of UNITED RENTALS, INC.
URI Guru Analysis
URI Fundamental Analysis
ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. The rating according to our strategy based on John Neff is 62% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Arcosa, Inc. is a provider of infrastructure-related products and solutions with brands serving construction, engineered structure, and transportation markets in North America. The Company's segments are Construction Products, Engineered Structures and Transportation Products. Its Construction Products segment produces and sells natural and recycled aggregates, specialty materials, and construction site support equipment, including trench shields and shoring products. Its Engineered Structures segment manufactures and sells steel structures for infrastructure businesses, including utility structures for electricity transmission and distribution, structural wind towers, traffic structures, and telecommunication structures. This segment also manufactures distribution tanks. The Transportation Products segment manufactures and sells inland barges, fiberglass barge covers, winches, marine hardware, and steel components for railcars and other transportation and industrial equipment.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: FAIL
FUTURE EPS GROWTH: FAIL
SALES GROWTH: PASS
TOTAL RETURN/PE: PASS
FREE CASH FLOW: PASS
EPS PERSISTENCE: PASS
Detailed Analysis of ARCOSA INC
ACA Guru Analysis
ACA Fundamental Analysis
H&E EQUIPMENT SERVICES, INC. (HEES) is a small-cap value stock in the Rental & Leasing industry. The rating according to our strategy based on John Neff is 60% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: H&E Equipment Services, Inc. is an integrated equipment services company. The Company's segments include equipment rentals, used equipment sales, new equipment sales, parts sales, and repair and maintenance services. Its equipment rentals segment rents its core types of construction and industrial equipment. Its used equipment sales segment is engaged in the sale of used equipment from its rental fleet, as well as from sales of inventoried equipment. Its new equipment sales segment is engaged in selling equipment through a professional in-house retail sales force. Its parts sales segment offers parts for its own rental fleet and sells parts for the equipment it sells. It maintains a parts inventory. Its repair and maintenance services segment provides services for its own rental fleet and for its customer's owned equipment. It offers ongoing preventative maintenance services. It serves branches throughout the Pacific Northwest, West Coast, Intermountain, Southwest, and Gulf Coast.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: PASS
FUTURE EPS GROWTH: FAIL
SALES GROWTH: FAIL
TOTAL RETURN/PE: PASS
FREE CASH FLOW: FAIL
EPS PERSISTENCE: PASS
Detailed Analysis of H&E EQUIPMENT SERVICES, INC.
HEES Guru Analysis
HEES Fundamental Analysis
AXON ENTERPRISE INC (AXON) is a large-cap growth stock in the Aerospace & Defense industry. The rating according to our strategy based on John Neff is 60% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Axon Enterprise, Inc. integrates a suite of hardware devices and cloud software solutions. The Company's three product categories include TASER, sensors and software. It develops smart devices tools, TASER, which is a device, virtual reality training services and consumer devices. Its sensor products include Axon body cameras, Axon Fleet in-car systems, and other devices that work with its software. It builds a suite of cloud-based, software-as-a-service solutions that integrate with its sensors and TASER devices. The Company operates through two segments: Software and Sensors, and TASER. Software segment develops, manufactures and sells fully integrated hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share and analyze video and other digital evidence. TASER segment is engaged in the development, manufacturing and selling of conducted energy devices (CEDs), which the Company sells under its brand name, TASER.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: FAIL
EPS GROWTH: FAIL
FUTURE EPS GROWTH: PASS
SALES GROWTH: PASS
TOTAL RETURN/PE: PASS
FREE CASH FLOW: PASS
EPS PERSISTENCE: FAIL
Detailed Analysis of AXON ENTERPRISE INC
AXON Guru Analysis
AXON Fundamental Analysis
STANDEX INTERNATIONAL CORP (SXI) is a small-cap value stock in the Misc. Capital Goods industry. The rating according to our strategy based on John Neff is 42% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Standex International Corporation is a diversified manufacturing company. The Company's segments include Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions. The Electronics segment is manufacturing and selling electronic components. The Engraving segment provides mold texturizing, slush molding tools, project management and design services, roll engraving, hygiene product tooling, low observation vents for stealth aircraft and process machinery. The Scientific segment provides specialty temperature-controlled equipment for the medical, scientific, pharmaceutical, biotech and industrial markets. The Engineering Technologies provides net and near net formed single-source customized solutions in the manufacture of engineered components. The Specialty Solutions segment manufactures and sells refrigerated, heated and dry merchandising display cases, custom fluid pump solutions, and single and double-acting telescopic and piston rod hydraulic cylinders.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: PASS
FUTURE EPS GROWTH: FAIL
SALES GROWTH: FAIL
TOTAL RETURN/PE: FAIL
FREE CASH FLOW: PASS
EPS PERSISTENCE: PASS
Detailed Analysis of STANDEX INTERNATIONAL CORP
SXI Guru Analysis
SXI Fundamental Analysis
John Neff Portfolio
About John Neff: While known as the manager with whom many top managers entrusted their own money, Neff was far from the smooth-talking, high-profile Wall Streeter you might expect. He was mild-mannered and low-key, and the same might be said of the Windsor Fund that he managed for more than three decades. In fact, Neff himself described the fund as "relatively prosaic, dull, [and] conservative." There was nothing dull about his results, however. From 1964 to 1995, Neff guided Windsor to a 13.7 percent average annual return, easily outpacing the S&P 500's 10.6 percent return during that time. That 3.1 percentage point difference is huge over time -- a $10,000 investment in Windsor (with dividends reinvested) at the start of Neff's tenure would have ended up as more than $564,000 by the time he retired, more than twice what the same investment in the S&P would have yielded (about $233,000). Considering the length of his tenure, that track record may be the best ever for a manager of such a large fund.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Detailed Analysis of UNITED RENTALS, INC. URI Guru Analysis URI Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis H&E EQUIPMENT SERVICES, INC. (HEES) is a small-cap value stock in the Rental & Leasing industry. The following are the top rated Industrial stocks according to Validea's Low PE Investor model based on the published strategy of John Neff. | Detailed Analysis of UNITED RENTALS, INC. URI Guru Analysis URI Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis H&E EQUIPMENT SERVICES, INC. (HEES) is a small-cap value stock in the Rental & Leasing industry. Detailed Analysis of H&E EQUIPMENT SERVICES, INC. HEES Guru Analysis HEES Fundamental Analysis AXON ENTERPRISE INC (AXON) is a large-cap growth stock in the Aerospace & Defense industry. | Detailed Analysis of UNITED RENTALS, INC. URI Guru Analysis URI Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis H&E EQUIPMENT SERVICES, INC. (HEES) is a small-cap value stock in the Rental & Leasing industry. The general rentals segment includes the rental of construction, aerial and industrial equipment, general tools and light equipment, and related services and activities. | Detailed Analysis of UNITED RENTALS, INC. URI Guru Analysis URI Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis H&E EQUIPMENT SERVICES, INC. (HEES) is a small-cap value stock in the Rental & Leasing industry. Company Description: United Rentals, Inc. is an equipment rental company. |
35290.0 | 2023-05-10 00:00:00 UTC | Arcosa (ACA) Declares $0.05 Dividend | ACA | https://www.nasdaq.com/articles/arcosa-aca-declares-%240.05-dividend-0 | nan | nan | Arcosa said on May 9, 2023 that its board of directors declared a regular quarterly dividend of $0.05 per share ($0.20 annualized). Previously, the company paid $0.05 per share.
Shares must be purchased before the ex-div date of July 13, 2023 to qualify for the dividend. Shareholders of record as of July 14, 2023 will receive the payment on July 31, 2023.
At the current share price of $69.02 / share, the stock's dividend yield is 0.29%.
Looking back five years and taking a sample every week, the average dividend yield has been 0.45%, the lowest has been 0.29%, and the highest has been 0.84%. The standard deviation of yields is 0.12 (n=213).
The current dividend yield is 1.30 standard deviations below the historical average.
Additionally, the company's dividend payout ratio is 0.03. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company has not increased its dividend in the last three years.
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What is the Fund Sentiment?
There are 616 funds or institutions reporting positions in Arcosa. This is an increase of 5 owner(s) or 0.82% in the last quarter. Average portfolio weight of all funds dedicated to ACA is 0.26%, an increase of 4.95%. Total shares owned by institutions increased in the last three months by 1.96% to 57,444K shares.
The put/call ratio of ACA is 0.14, indicating a bullish outlook.
Analyst Price Forecast Suggests 20.59% Upside
As of May 11, 2023, the average one-year price target for Arcosa is 83.23. The forecasts range from a low of 77.77 to a high of $89.25. The average price target represents an increase of 20.59% from its latest reported closing price of 69.02.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Arcosa is 2,168MM, a decrease of 3.91%. The projected annual non-GAAP EPS is 1.84.
What are Other Shareholders Doing?
SMCWX - SMALLCAP WORLD FUND INC holds 3,868K shares representing 7.99% ownership of the company. In it's prior filing, the firm reported owning 3,863K shares, representing an increase of 0.13%. The firm decreased its portfolio allocation in ACA by 11.06% over the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 3,583K shares representing 7.40% ownership of the company. In it's prior filing, the firm reported owning 3,535K shares, representing an increase of 1.35%. The firm decreased its portfolio allocation in ACA by 12.36% over the last quarter.
Alliancebernstein holds 2,437K shares representing 5.03% ownership of the company. In it's prior filing, the firm reported owning 2,546K shares, representing a decrease of 4.50%. The firm decreased its portfolio allocation in ACA by 15.46% over the last quarter.
Capital International Investors holds 1,967K shares representing 4.06% ownership of the company. No change in the last quarter.
Capital World Investors holds 1,900K shares representing 3.92% ownership of the company. No change in the last quarter.
Arcosa Background Information
(This description is provided by the company.)
Arcosa, Inc., headquartered in Dallas, Texas, is a provider of infrastructure-related products and solutions with leading positions in construction, engineered structures, and transportation markets. Arcosa reports its financial results in three principal business segments: the Construction Products segment, the Engineered Structures segment, and the Transportation Products segment.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Average portfolio weight of all funds dedicated to ACA is 0.26%, an increase of 4.95%. The put/call ratio of ACA is 0.14, indicating a bullish outlook. The firm decreased its portfolio allocation in ACA by 11.06% over the last quarter. | Average portfolio weight of all funds dedicated to ACA is 0.26%, an increase of 4.95%. The put/call ratio of ACA is 0.14, indicating a bullish outlook. The firm decreased its portfolio allocation in ACA by 11.06% over the last quarter. | Average portfolio weight of all funds dedicated to ACA is 0.26%, an increase of 4.95%. The put/call ratio of ACA is 0.14, indicating a bullish outlook. The firm decreased its portfolio allocation in ACA by 11.06% over the last quarter. | Average portfolio weight of all funds dedicated to ACA is 0.26%, an increase of 4.95%. The put/call ratio of ACA is 0.14, indicating a bullish outlook. The firm decreased its portfolio allocation in ACA by 11.06% over the last quarter. |
35291.0 | 2023-05-09 00:00:00 UTC | Oppenheimer Maintains Arcosa (ACA) Outperform Recommendation | ACA | https://www.nasdaq.com/articles/oppenheimer-maintains-arcosa-aca-outperform-recommendation | nan | nan | Fintel reports that on May 8, 2023, Oppenheimer maintained coverage of Arcosa (NYSE:ACA) with a Outperform recommendation.
Analyst Price Forecast Suggests 11.61% Upside
As of April 24, 2023, the average one-year price target for Arcosa is 75.68. The forecasts range from a low of 70.70 to a high of $84.00. The average price target represents an increase of 11.61% from its latest reported closing price of 67.81.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Arcosa is 2,168MM, a decrease of 3.91%. The projected annual non-GAAP EPS is 1.84.
Arcosa Declares $0.05 Dividend
On March 2, 2023 the company declared a regular quarterly dividend of $0.05 per share ($0.20 annualized). Shareholders of record as of April 14, 2023 received the payment on April 28, 2023. Previously, the company paid $0.05 per share.
At the current share price of $67.81 / share, the stock's dividend yield is 0.29%.
Looking back five years and taking a sample every week, the average dividend yield has been 0.45%, the lowest has been 0.29%, and the highest has been 0.84%. The standard deviation of yields is 0.12 (n=213). | Fintel reports that on May 8, 2023, Oppenheimer maintained coverage of Arcosa (NYSE:ACA) with a Outperform recommendation. See our leaderboard of companies with the largest price target upside. Looking back five years and taking a sample every week, the average dividend yield has been 0.45%, the lowest has been 0.29%, and the highest has been 0.84%. | Fintel reports that on May 8, 2023, Oppenheimer maintained coverage of Arcosa (NYSE:ACA) with a Outperform recommendation. Analyst Price Forecast Suggests 11.61% Upside As of April 24, 2023, the average one-year price target for Arcosa is 75.68. Arcosa Declares $0.05 Dividend On March 2, 2023 the company declared a regular quarterly dividend of $0.05 per share ($0.20 annualized). | Fintel reports that on May 8, 2023, Oppenheimer maintained coverage of Arcosa (NYSE:ACA) with a Outperform recommendation. Analyst Price Forecast Suggests 11.61% Upside As of April 24, 2023, the average one-year price target for Arcosa is 75.68. Arcosa Declares $0.05 Dividend On March 2, 2023 the company declared a regular quarterly dividend of $0.05 per share ($0.20 annualized). | Fintel reports that on May 8, 2023, Oppenheimer maintained coverage of Arcosa (NYSE:ACA) with a Outperform recommendation. Analyst Price Forecast Suggests 11.61% Upside As of April 24, 2023, the average one-year price target for Arcosa is 75.68. The projected annual revenue for Arcosa is 2,168MM, a decrease of 3.91%. |
35292.0 | 2023-05-04 00:00:00 UTC | Can Arcosa (ACA) Run Higher on Rising Earnings Estimates? | ACA | https://www.nasdaq.com/articles/can-arcosa-aca-run-higher-on-rising-earnings-estimates | nan | nan | Arcosa (ACA) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.
The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this provider of infrastructure-related products and services, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core.
The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.
Consensus earnings estimates for the next quarter and full year have moved considerably higher for Arcosa, as there has been strong agreement among the covering analysts in raising estimates.
The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate:
12 Month EPS
Current-Quarter Estimate Revisions
The earnings estimate of $0.58 per share for the current quarter represents a change of -30.12% from the number reported a year ago.
Over the last 30 days, the Zacks Consensus Estimate for Arcosa has increased 20.83% because one estimate has moved higher compared to no negative revisions.
Current-Year Estimate Revisions
For the full year, the company is expected to earn $2.45 per share, representing a year-over-year change of +11.87%.
There has been an encouraging trend in estimate revisions for the current year as well. Over the past month, two estimates have moved up for Arcosa versus no negative revisions. This has pushed the consensus estimate 27.6% higher.
Favorable Zacks Rank
Thanks to promising estimate revisions, Arcosa currently carries a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.
Bottom Line
Investors have been betting on Arcosa because of its solid estimate revisions, as evident from the stock's 16% gain over the past four weeks. As its earnings growth prospects might push the stock higher, you may consider adding it to your portfolio right away.
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Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arcosa (ACA) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this provider of infrastructure-related products and services, should get reflected in its stock price. | Arcosa (ACA) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: 12 Month EPS Current-Quarter Estimate Revisions The earnings estimate of $0.58 per share for the current quarter represents a change of -30.12% from the number reported a year ago. | Arcosa (ACA) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. | Arcosa (ACA) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report To read this article on Zacks.com click here. There has been an encouraging trend in estimate revisions for the current year as well. |
35293.0 | 2023-05-02 00:00:00 UTC | Loop Capital Maintains Arcosa (ACA) Buy Recommendation | ACA | https://www.nasdaq.com/articles/loop-capital-maintains-arcosa-aca-buy-recommendation | nan | nan | Fintel reports that on May 1, 2023, Loop Capital maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation.
Analyst Price Forecast Suggests 8.98% Upside
As of April 24, 2023, the average one-year price target for Arcosa is 75.68. The forecasts range from a low of 70.70 to a high of $84.00. The average price target represents an increase of 8.98% from its latest reported closing price of 69.45.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Arcosa is 2,168MM, a decrease of 3.91%. The projected annual non-GAAP EPS is 1.84.
Arcosa Declares $0.05 Dividend
On March 2, 2023 the company declared a regular quarterly dividend of $0.05 per share ($0.20 annualized). Shareholders of record as of April 14, 2023 received the payment on April 28, 2023. Previously, the company paid $0.05 per share.
At the current share price of $69.45 / share, the stock's dividend yield is 0.29%.
Looking back five years and taking a sample every week, the average dividend yield has been 0.45%, the lowest has been 0.29%, and the highest has been 0.84%. The standard deviation of yields is 0.12 (n=212).
The current dividend yield is 1.33 standard deviations below the historical average.
Additionally, the company's dividend payout ratio is 0.03. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company has not increased its dividend in the last three years.
What is the Fund Sentiment?
There are 619 funds or institutions reporting positions in Arcosa. This is an increase of 6 owner(s) or 0.98% in the last quarter. Average portfolio weight of all funds dedicated to ACA is 0.26%, an increase of 3.46%. Total shares owned by institutions increased in the last three months by 1.56% to 57,458K shares.
The put/call ratio of ACA is 0.13, indicating a bullish outlook.
What are Other Shareholders Doing?
SMCWX - SMALLCAP WORLD FUND INC holds 3,868K shares representing 7.99% ownership of the company. In it's prior filing, the firm reported owning 3,863K shares, representing an increase of 0.13%. The firm decreased its portfolio allocation in ACA by 11.06% over the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 3,583K shares representing 7.40% ownership of the company. In it's prior filing, the firm reported owning 3,535K shares, representing an increase of 1.35%. The firm decreased its portfolio allocation in ACA by 12.36% over the last quarter.
Alliancebernstein holds 2,437K shares representing 5.03% ownership of the company. In it's prior filing, the firm reported owning 2,546K shares, representing a decrease of 4.50%. The firm decreased its portfolio allocation in ACA by 15.46% over the last quarter.
Capital International Investors holds 1,967K shares representing 4.06% ownership of the company. No change in the last quarter.
Capital World Investors holds 1,900K shares representing 3.92% ownership of the company. No change in the last quarter.
Arcosa Background Information
(This description is provided by the company.)
Arcosa, Inc., headquartered in Dallas, Texas, is a provider of infrastructure-related products and solutions with leading positions in construction, engineered structures, and transportation markets. Arcosa reports its financial results in three principal business segments: the Construction Products segment, the Engineered Structures segment, and the Transportation Products segment.
See all Arcosa regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Fintel reports that on May 1, 2023, Loop Capital maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.26%, an increase of 3.46%. The put/call ratio of ACA is 0.13, indicating a bullish outlook. | Fintel reports that on May 1, 2023, Loop Capital maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.26%, an increase of 3.46%. The put/call ratio of ACA is 0.13, indicating a bullish outlook. | Fintel reports that on May 1, 2023, Loop Capital maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.26%, an increase of 3.46%. The put/call ratio of ACA is 0.13, indicating a bullish outlook. | Fintel reports that on May 1, 2023, Loop Capital maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.26%, an increase of 3.46%. The put/call ratio of ACA is 0.13, indicating a bullish outlook. |
35294.0 | 2023-05-02 00:00:00 UTC | DA Davidson Maintains Arcosa (ACA) Buy Recommendation | ACA | https://www.nasdaq.com/articles/da-davidson-maintains-arcosa-aca-buy-recommendation | nan | nan | Fintel reports that on May 1, 2023, DA Davidson maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation.
Analyst Price Forecast Suggests 8.98% Upside
As of April 24, 2023, the average one-year price target for Arcosa is 75.68. The forecasts range from a low of 70.70 to a high of $84.00. The average price target represents an increase of 8.98% from its latest reported closing price of 69.45.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Arcosa is 2,168MM, a decrease of 3.91%. The projected annual non-GAAP EPS is 1.84.
Arcosa Declares $0.05 Dividend
On March 2, 2023 the company declared a regular quarterly dividend of $0.05 per share ($0.20 annualized). Shareholders of record as of April 14, 2023 received the payment on April 28, 2023. Previously, the company paid $0.05 per share.
At the current share price of $69.45 / share, the stock's dividend yield is 0.29%.
Looking back five years and taking a sample every week, the average dividend yield has been 0.45%, the lowest has been 0.29%, and the highest has been 0.84%. The standard deviation of yields is 0.12 (n=212).
The current dividend yield is 1.33 standard deviations below the historical average.
Additionally, the company's dividend payout ratio is 0.03. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company has not increased its dividend in the last three years.
What is the Fund Sentiment?
There are 619 funds or institutions reporting positions in Arcosa. This is an increase of 6 owner(s) or 0.98% in the last quarter. Average portfolio weight of all funds dedicated to ACA is 0.26%, an increase of 3.46%. Total shares owned by institutions increased in the last three months by 1.56% to 57,458K shares.
The put/call ratio of ACA is 0.13, indicating a bullish outlook.
What are Other Shareholders Doing?
SMCWX - SMALLCAP WORLD FUND INC holds 3,868K shares representing 7.99% ownership of the company. In it's prior filing, the firm reported owning 3,863K shares, representing an increase of 0.13%. The firm decreased its portfolio allocation in ACA by 11.06% over the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 3,583K shares representing 7.40% ownership of the company. In it's prior filing, the firm reported owning 3,535K shares, representing an increase of 1.35%. The firm decreased its portfolio allocation in ACA by 12.36% over the last quarter.
Alliancebernstein holds 2,437K shares representing 5.03% ownership of the company. In it's prior filing, the firm reported owning 2,546K shares, representing a decrease of 4.50%. The firm decreased its portfolio allocation in ACA by 15.46% over the last quarter.
Capital International Investors holds 1,967K shares representing 4.06% ownership of the company. No change in the last quarter.
Capital World Investors holds 1,900K shares representing 3.92% ownership of the company. No change in the last quarter.
Arcosa Background Information
(This description is provided by the company.)
Arcosa, Inc., headquartered in Dallas, Texas, is a provider of infrastructure-related products and solutions with leading positions in construction, engineered structures, and transportation markets. Arcosa reports its financial results in three principal business segments: the Construction Products segment, the Engineered Structures segment, and the Transportation Products segment.
See all Arcosa regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Fintel reports that on May 1, 2023, DA Davidson maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.26%, an increase of 3.46%. The put/call ratio of ACA is 0.13, indicating a bullish outlook. | Fintel reports that on May 1, 2023, DA Davidson maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.26%, an increase of 3.46%. The put/call ratio of ACA is 0.13, indicating a bullish outlook. | Fintel reports that on May 1, 2023, DA Davidson maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.26%, an increase of 3.46%. The put/call ratio of ACA is 0.13, indicating a bullish outlook. | Fintel reports that on May 1, 2023, DA Davidson maintained coverage of Arcosa (NYSE:ACA) with a Buy recommendation. Average portfolio weight of all funds dedicated to ACA is 0.26%, an increase of 3.46%. The put/call ratio of ACA is 0.13, indicating a bullish outlook. |
35295.0 | 2023-04-28 00:00:00 UTC | Friday's ETF with Unusual Volume: DES | ACA | https://www.nasdaq.com/articles/fridays-etf-with-unusual-volume%3A-des | nan | nan | The WisdomTree U.S. SmallCap Dividend Fund ETF is seeing unusually high volume in afternoon trading Friday, with over 418,000 shares traded versus three month average volume of about 153,000. Shares of DES were up about 1% on the day.
Components of that ETF with the highest volume on Friday were Pacwest Bancorp, trading off about 3.9% with over 5.2 million shares changing hands so far this session, and Permian Resources, up about 3.4% on volume of over 2.9 million shares. Arcosa is the component faring the best Friday, up by about 13.7% on the day, while Northrim Bancorp is lagging other components of the WisdomTree U.S. SmallCap Dividend Fund ETF, trading lower by about 15.9%.
VIDEO: Friday's ETF with Unusual Volume: DES
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | The WisdomTree U.S. SmallCap Dividend Fund ETF is seeing unusually high volume in afternoon trading Friday, with over 418,000 shares traded versus three month average volume of about 153,000. Components of that ETF with the highest volume on Friday were Pacwest Bancorp, trading off about 3.9% with over 5.2 million shares changing hands so far this session, and Permian Resources, up about 3.4% on volume of over 2.9 million shares. Arcosa is the component faring the best Friday, up by about 13.7% on the day, while Northrim Bancorp is lagging other components of the WisdomTree U.S. SmallCap Dividend Fund ETF, trading lower by about 15.9%. | The WisdomTree U.S. SmallCap Dividend Fund ETF is seeing unusually high volume in afternoon trading Friday, with over 418,000 shares traded versus three month average volume of about 153,000. Arcosa is the component faring the best Friday, up by about 13.7% on the day, while Northrim Bancorp is lagging other components of the WisdomTree U.S. SmallCap Dividend Fund ETF, trading lower by about 15.9%. VIDEO: Friday's ETF with Unusual Volume: DES The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | The WisdomTree U.S. SmallCap Dividend Fund ETF is seeing unusually high volume in afternoon trading Friday, with over 418,000 shares traded versus three month average volume of about 153,000. Components of that ETF with the highest volume on Friday were Pacwest Bancorp, trading off about 3.9% with over 5.2 million shares changing hands so far this session, and Permian Resources, up about 3.4% on volume of over 2.9 million shares. Arcosa is the component faring the best Friday, up by about 13.7% on the day, while Northrim Bancorp is lagging other components of the WisdomTree U.S. SmallCap Dividend Fund ETF, trading lower by about 15.9%. | Components of that ETF with the highest volume on Friday were Pacwest Bancorp, trading off about 3.9% with over 5.2 million shares changing hands so far this session, and Permian Resources, up about 3.4% on volume of over 2.9 million shares. Arcosa is the component faring the best Friday, up by about 13.7% on the day, while Northrim Bancorp is lagging other components of the WisdomTree U.S. SmallCap Dividend Fund ETF, trading lower by about 15.9%. VIDEO: Friday's ETF with Unusual Volume: DES The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. |
35296.0 | 2023-04-27 00:00:00 UTC | Arcosa (ACA) Surpasses Q1 Earnings and Revenue Estimates | ACA | https://www.nasdaq.com/articles/arcosa-aca-surpasses-q1-earnings-and-revenue-estimates | nan | nan | Arcosa (ACA) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 112%. A quarter ago, it was expected that this provider of infrastructure-related products and services would post earnings of $0.19 per share when it actually produced earnings of $0.24, delivering a surprise of 26.32%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Arcosa, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $549.2 million for the quarter ended March 2023, surpassing the Zacks Consensus Estimate by 10.91%. This compares to year-ago revenues of $535.8 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Arcosa shares have added about 7.3% since the beginning of the year versus the S&P 500's gain of 5.6%.
What's Next for Arcosa?
While Arcosa has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Arcosa: favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.48 on $561.7 million in revenues for the coming quarter and $1.92 on $2.19 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Miscellaneous is currently in the top 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
TopBuild (BLD), another stock in the same industry, has yet to report results for the quarter ended March 2023. The results are expected to be released on May 4.
This insulation products company is expected to post quarterly earnings of $4.06 per share in its upcoming report, which represents a year-over-year change of +16%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
TopBuild's revenues are expected to be $1.27 billion, up 8.2% from the year-ago quarter.
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Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”
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Arcosa, Inc. (ACA) : Free Stock Analysis Report
TopBuild Corp. (BLD) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Arcosa (ACA) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.50 per share. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report TopBuild Corp. (BLD) : Free Stock Analysis Report To read this article on Zacks.com click here. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. | Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report TopBuild Corp. (BLD) : Free Stock Analysis Report To read this article on Zacks.com click here. Arcosa (ACA) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.50 per share. Arcosa, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $549.2 million for the quarter ended March 2023, surpassing the Zacks Consensus Estimate by 10.91%. | Arcosa (ACA) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.50 per share. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report TopBuild Corp. (BLD) : Free Stock Analysis Report To read this article on Zacks.com click here. Arcosa, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $549.2 million for the quarter ended March 2023, surpassing the Zacks Consensus Estimate by 10.91%. | Arcosa (ACA) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.50 per share. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report TopBuild Corp. (BLD) : Free Stock Analysis Report To read this article on Zacks.com click here. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. |
35297.0 | 2023-04-22 00:00:00 UTC | Validea John Neff Strategy Daily Upgrade Report - 4/22/2023 | ACA | https://www.nasdaq.com/articles/validea-john-neff-strategy-daily-upgrade-report-4-22-2023 | nan | nan | The following are today's upgrades for Validea's Low PE Investor model based on the published strategy of John Neff. This strategy looks for firms with persistent earnings growth that trade at a discount relative to their earnings growth and dividend yield.
JABIL INC (JBL) is a large-cap value stock in the Semiconductors industry. The rating according to our strategy based on John Neff changed from 62% to 81% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Jabil Inc. is a provider of manufacturing services and solutions. The Company provides comprehensive electronics design, production and product management services to companies in various industries and end markets. The Company has two segments: Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS). EMS segment is focused on leveraging information technology (IT), supply chain design and engineering, technologies centered on core electronics, sharing of its manufacturing infrastructure and the ability to serve a range of markets. EMS segment produces product to the customers primarily in the fifth generation, wireless and cloud, digital print and retail, industrial and semi-cap, and networking and storage industries. DMS segment is focused on providing engineering solutions, with a focus on material sciences, technologies and healthcare. DMS segment includes customers primarily in the automotive and transportation, connected devices, and other.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: FAIL
FUTURE EPS GROWTH: PASS
SALES GROWTH: PASS
TOTAL RETURN/PE: PASS
FREE CASH FLOW: PASS
EPS PERSISTENCE: PASS
Detailed Analysis of JABIL INC
JBL Guru Analysis
JBL Fundamental Analysis
TEREX CORP (TEX) is a mid-cap value stock in the Misc. Capital Goods industry. The rating according to our strategy based on John Neff changed from 62% to 81% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Terex Corporation is a manufacturer of materials processing machinery and aerial work platforms. The Company designs, builds and supports products used in construction, maintenance, manufacturing, energy, recycling, minerals and materials management applications. The Company operates through two segments: Materials Processing (MP) and Aerial Work Platforms (AWP). Its MP segment designs, manufactures, services and markets materials processing and specialty equipment, including crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and their related components and replacement parts. Its AWP segment designs, manufactures, services and markets aerial work platform equipment, utility equipment and telehandlers. It markets aerial work platform products principally under the Terex and Genie brand names.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: PASS
FUTURE EPS GROWTH: PASS
SALES GROWTH: FAIL
TOTAL RETURN/PE: PASS
FREE CASH FLOW: PASS
EPS PERSISTENCE: PASS
Detailed Analysis of TEREX CORP
TEX Guru Analysis
TEX Fundamental Analysis
ENTERPRISE PRODUCTS PARTNERS LP (EPD) is a large-cap value stock in the Natural Gas Utilities industry. The rating according to our strategy based on John Neff changed from 62% to 81% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Enterprise Products Partners L.P. is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products. The Company has four segments. NGL Pipelines & Services segment includes its natural gas processing and related NGL marketing activities, NGL pipelines, NGL fractionation facilities, NGL and related product storage facilities, and NGL marine terminals. Crude Oil Pipelines & Services segment includes its crude oil pipelines, crude oil storage and marine terminals, and related crude oil marketing activities. Natural Gas Pipelines & Services segment includes its natural gas pipeline systems that provide for the gathering, treating and transportation of natural gas. The segment also includes its natural gas marketing activities. Petrochemical & Refined Products Services segment includes its propylene production facilities, butane isomerization complex, and other.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: PASS
FUTURE EPS GROWTH: FAIL
SALES GROWTH: PASS
TOTAL RETURN/PE: PASS
FREE CASH FLOW: PASS
EPS PERSISTENCE: PASS
Detailed Analysis of ENTERPRISE PRODUCTS PARTNERS LP
EPD Guru Analysis
EPD Fundamental Analysis
ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. The rating according to our strategy based on John Neff changed from 62% to 81% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Arcosa, Inc. is a provider of infrastructure-related products and solutions with brands serving construction, engineered structure, and transportation markets in North America. The Company's segments are Construction Products, Engineered Structures and Transportation Products. Its Construction Products segment produces and sells natural and recycled aggregates, specialty materials, and construction site support equipment, including trench shields and shoring products. Its Engineered Structures segment manufactures and sells steel structures for infrastructure businesses, including utility structures for electricity transmission and distribution, structural wind towers, traffic structures, and telecommunication structures. This segment also manufactures distribution tanks. The Transportation Products segment manufactures and sells inland barges, fiberglass barge covers, winches, marine hardware, and steel components for railcars and other transportation and industrial equipment.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: PASS
FUTURE EPS GROWTH: FAIL
SALES GROWTH: PASS
TOTAL RETURN/PE: PASS
FREE CASH FLOW: PASS
EPS PERSISTENCE: PASS
Detailed Analysis of ARCOSA INC
ACA Guru Analysis
ACA Fundamental Analysis
ARMADA HOFFLER PROPERTIES INC (AHH) is a small-cap value stock in the Real Estate Operations industry. The rating according to our strategy based on John Neff changed from 60% to 79% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Armada Hoffler Properties, Inc. is a vertically integrated, self-managed real estate investment trust (REIT). The Company is engaged in developing, building, acquiring, and managing office, retail and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States. The Company also provides general construction and development services to third-party clients. The Company operates through four segments: office real estate, retail real estate, multifamily residential real estate, and general contracting and real estate services. The Company's general contracting, and real estate services business develops and builds properties for its own account and provides construction and development services to both related and third parties. The Company leases its properties under operating leases and recognizes base rents when earned on a straight-line basis over the lease term. It has developed mid- and high-rise office buildings and retail strip malls, among others.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: PASS
FUTURE EPS GROWTH: FAIL
SALES GROWTH: PASS
TOTAL RETURN/PE: PASS
FREE CASH FLOW: FAIL
EPS PERSISTENCE: PASS
Detailed Analysis of ARMADA HOFFLER PROPERTIES INC
AHH Guru Analysis
AHH Fundamental Analysis
GREENE COUNTY BANCORP INC (GCBC) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on John Neff changed from 62% to 81% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Greene County Bancorp, Inc. is a holding company of The Bank of Greene County (the Bank). The Bank's principal business consists of attracting retail deposits from the general public in the areas surrounding its branches and investing those deposits, together with funds generated from operations and borrowings, primarily in residential mortgage loans, commercial real estate mortgage loans, consumer loans, home equity loans and commercial business loans. In addition, the Bank invests a significant portion of its assets in state and political subdivision securities and mortgage-backed securities. The Bank engaged in residential and commercial real estate mortgages, consumer and commercial loans, and other types of securities, as well as deposit accounts, debit card and life insurance. The Bank offers investment alternatives for customers. The Bank's subsidiaries include, Greene County Commercial Bank, a commercial bank and Greene Property Holdings, Ltd, a real estate investment trust.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: PASS
FUTURE EPS GROWTH: FAIL
SALES GROWTH: PASS
TOTAL RETURN/PE: PASS
FREE CASH FLOW: PASS
EPS PERSISTENCE: PASS
Detailed Analysis of GREENE COUNTY BANCORP INC
GCBC Guru Analysis
GCBC Fundamental Analysis
KONTOOR BRANDS INC (KTB) is a mid-cap value stock in the Apparel/Accessories industry. The rating according to our strategy based on John Neff changed from 40% to 79% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Kontoor Brands, Inc. is a lifestyle apparel company. The Company designs, produces, procures, markets, distributes and licenses apparel, footwear and accessories, primarily under the brand names Wrangler and Lee. Its segments include Wrangler, Lee, and Other. The Wrangler segment offers denim, apparel, and accessories for adults and children. Wrangler branded products are available through wholesale arrangements with mass and mid-tier retailers, specialty stores, department stores, independently operated partnership stores, and e-commerce platforms, as well as through its Company-operated retail stores and websites. Its Lee segment offers jeans, pants, shirts, shorts, and jackets for adults and children. Its products are sold in the United States through mass merchants, specialty stores, mid-tier and traditional department stores, Company-operated stores and online. Its products are also sold internationally, primarily in the Europe, Middle East and Africa and Asia-Pacific regions.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: PASS
FUTURE EPS GROWTH: PASS
SALES GROWTH: FAIL
TOTAL RETURN/PE: PASS
FREE CASH FLOW: FAIL
EPS PERSISTENCE: PASS
Detailed Analysis of KONTOOR BRANDS INC
KTB Guru Analysis
KTB Fundamental Analysis
BETTERWARE DE MEXICO SAPI DE CV (BWMX) is a small-cap value stock in the Retail (Specialty) industry. The rating according to our strategy based on John Neff changed from 60% to 79% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Betterware de Mexico, S.A.B. DE C.V.. is a Mexico-based company that sells household appliances through an online portal. The Company operates through a Catalogue that shows the different retail household products that it comprises,including kitchen appliances, garden tools, and everyday accesories among other categories. The Company operates accross all of the Mexican states as Betterware's products reach every city in Mexico due to the strategic position of their production plant.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: PASS
FUTURE EPS GROWTH: FAIL
SALES GROWTH: PASS
TOTAL RETURN/PE: PASS
FREE CASH FLOW: PASS
EPS PERSISTENCE: FAIL
Detailed Analysis of BETTERWARE DE MEXICO SAPI DE CV
BWMX Guru Analysis
BWMX Fundamental Analysis
CONCENTRIX CORP (CNXC) is a mid-cap value stock in the Computer Services industry. The rating according to our strategy based on John Neff changed from 60% to 79% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Concentrix Corporation is a global provider of Customer Experience (CX) solutions and technology. The Company provides end-to-end capabilities, including CX process optimization, technology innovation, front- and back-office automation, analytics and business transformation services to clients. It offers its clients integrated solutions supporting the customer lifecycle; CX and user experience (UX) strategy and design, and analytics and actionable insights. Its Customer Lifecycle Management solutions include services, such as customer care, sales support, digital marketing, technical support, digital self-service, content moderation, creative design and content production, and back-office services. The Company's CX/UX Strategy and Design solutions include CX strategy, data-driven user design, journey mapping and multi-platform engineering. Its Digital Transformation solutions include services, such as Robotic Process Automation (RPA) and cognitive automation.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: FAIL
FUTURE EPS GROWTH: PASS
SALES GROWTH: PASS
TOTAL RETURN/PE: PASS
FREE CASH FLOW: PASS
EPS PERSISTENCE: FAIL
Detailed Analysis of CONCENTRIX CORP
CNXC Guru Analysis
CNXC Fundamental Analysis
DT MIDSTREAM INC (DTM) is a mid-cap value stock in the Natural Gas Utilities industry. The rating according to our strategy based on John Neff changed from 60% to 79% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: DT Midstream, Inc. is an owner, operator, and developer of an integrated portfolio of natural gas midstream assets. The Company operates through two segments: Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines. This segment also has interests in equity method investees that own and operate interstate natural gas pipelines. It is also engaged in the transportation and storage of natural gas for intermediate and end user customers. The Gathering segment owns and operates gas gathering systems. This segment is engaged in collecting natural gas from points at or near customers wells for delivery to plants for processing, to gathering pipelines for further gathering, or to pipelines for transportation, as well as associated ancillary services, including compression, dehydration, gas treatment, water impoundment, water storage, water transportation and sand mining.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: PASS
FUTURE EPS GROWTH: FAIL
SALES GROWTH: PASS
TOTAL RETURN/PE: PASS
FREE CASH FLOW: PASS
EPS PERSISTENCE: FAIL
Detailed Analysis of DT MIDSTREAM INC
DTM Guru Analysis
DTM Fundamental Analysis
TDCX INC (ADR) (TDCX) is a small-cap value stock in the Computer Services industry. The rating according to our strategy based on John Neff changed from 60% to 79% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: TDCX Inc. is a Singapore-based company, which provides digital customer experience solutions. The Company offers three key service offerings: omnichannel CX solutions; sales and digital marketing services; and content monitoring and moderation services. It also offers services consisting of miscellaneous activities, such as providing workspaces to existing clients and providing human resource, administration services to clients. The Company's sales and digital marketing services helps the clients market their products and services to potential customers in both the business-to-consumer (B2C) and the business-to-business (B2B) markets. Its content monitoring and moderation services help the clients create a safe and secure online environment for social media platforms by providing a human touch to content monitoring and moderation services.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: FAIL
FUTURE EPS GROWTH: PASS
SALES GROWTH: PASS
TOTAL RETURN/PE: PASS
FREE CASH FLOW: PASS
EPS PERSISTENCE: FAIL
Detailed Analysis of TDCX INC (ADR)
TDCX Guru Analysis
TDCX Fundamental Analysis
ESCALADE INC (ESCA) is a small-cap value stock in the Recreational Products industry. The rating according to our strategy based on John Neff changed from 58% to 77% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Escalade, Incorporated (Escalade) designs, manufactures, and sells sporting goods, fitness, and indoor/outdoor recreation equipment. The Company manufactures, imports, and distributes sporting goods brands in basketball goals, archery, indoor and outdoor game recreation and fitness products through sporting goods retailers, specialty dealers, key on-line retailers, traditional department stores and mass merchants. Escalade's brands include Bear Archery; STIGA, a table tennis brand; Accudart; RAVE Sports; Victory Tailgate; Onix, a Pickleball brand; Goalrilla; Lifeline fitness products; Woodplay and American Heritage Billiards. The Company's archery brands consist of Trophy Ridge, Cajun Bowfishing, Bear Traditional and Bear X. Its basketball brands include Goalrilla, Goalsetter, Goaliath, Silverback and Hoopstar. Its outdoor games brands include Victory Tailgate, Triumph Sports, Zume Games and Viva Sol. The Company's darting brands include Unicorn, Winmau, Arachnid, Nodor, and Prodigy.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
EPS GROWTH: PASS
FUTURE EPS GROWTH: FAIL
SALES GROWTH: PASS
TOTAL RETURN/PE: PASS
FREE CASH FLOW: FAIL
EPS PERSISTENCE: FAIL
Detailed Analysis of ESCALADE INC
ESCA Guru Analysis
ESCA Fundamental Analysis
John Neff Portfolio
About John Neff: While known as the manager with whom many top managers entrusted their own money, Neff was far from the smooth-talking, high-profile Wall Streeter you might expect. He was mild-mannered and low-key, and the same might be said of the Windsor Fund that he managed for more than three decades. In fact, Neff himself described the fund as "relatively prosaic, dull, [and] conservative." There was nothing dull about his results, however. From 1964 to 1995, Neff guided Windsor to a 13.7 percent average annual return, easily outpacing the S&P 500's 10.6 percent return during that time. That 3.1 percentage point difference is huge over time -- a $10,000 investment in Windsor (with dividends reinvested) at the start of Neff's tenure would have ended up as more than $564,000 by the time he retired, more than twice what the same investment in the S&P would have yielded (about $233,000). Considering the length of his tenure, that track record may be the best ever for a manager of such a large fund.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Detailed Analysis of ENTERPRISE PRODUCTS PARTNERS LP EPD Guru Analysis EPD Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis ARMADA HOFFLER PROPERTIES INC (AHH) is a small-cap value stock in the Real Estate Operations industry. The Company operates through a Catalogue that shows the different retail household products that it comprises,including kitchen appliances, garden tools, and everyday accesories among other categories. | Detailed Analysis of ENTERPRISE PRODUCTS PARTNERS LP EPD Guru Analysis EPD Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis ARMADA HOFFLER PROPERTIES INC (AHH) is a small-cap value stock in the Real Estate Operations industry. NGL Pipelines & Services segment includes its natural gas processing and related NGL marketing activities, NGL pipelines, NGL fractionation facilities, NGL and related product storage facilities, and NGL marine terminals. | Detailed Analysis of ENTERPRISE PRODUCTS PARTNERS LP EPD Guru Analysis EPD Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis ARMADA HOFFLER PROPERTIES INC (AHH) is a small-cap value stock in the Real Estate Operations industry. The Company provides comprehensive electronics design, production and product management services to companies in various industries and end markets. | Detailed Analysis of ENTERPRISE PRODUCTS PARTNERS LP EPD Guru Analysis EPD Fundamental Analysis ARCOSA INC (ACA) is a mid-cap value stock in the Construction Services industry. Detailed Analysis of ARCOSA INC ACA Guru Analysis ACA Fundamental Analysis ARMADA HOFFLER PROPERTIES INC (AHH) is a small-cap value stock in the Real Estate Operations industry. Company Description: Jabil Inc. is a provider of manufacturing services and solutions. |
35298.0 | 2023-04-20 00:00:00 UTC | Arcosa (ACA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release | ACA | https://www.nasdaq.com/articles/arcosa-aca-earnings-expected-to-grow%3A-what-to-know-ahead-of-next-weeks-release | nan | nan | The market expects Arcosa (ACA) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 27. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on theearnings call it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus Estimate
This provider of infrastructure-related products and services is expected to post quarterly earnings of $0.50 per share in its upcoming report, which represents a year-over-year change of +19.1%.
Revenues are expected to be $495.2 million, down 7.6% from the year-ago quarter.
Estimate Revisions Trend
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Earnings Whisper
Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Arcosa?
For Arcosa, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Arcosa will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?
While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Arcosa would post earnings of $0.19 per share when it actually produced earnings of $0.24, delivering a surprise of +26.32%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom Line
An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Arcosa doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected Results
Another stock from the Zacks Building Products - Miscellaneous industry, Masco (MAS), is soon expected to post earnings of $0.65 per share for the quarter ended March 2023. This estimate indicates a year-over-year change of -31.6%. Revenues for the quarter are expected to be $1.92 billion, down 12.8% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Masco has been revised 0.2% down to the current level. Nevertheless, the company now has an Earnings ESP of -0.22%, reflecting a lower Most Accurate Estimate.
When combined with a Zacks Rank of #4 (Sell), this Earnings ESP makes it difficult to conclusively predict that Masco will beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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Masco Corporation (MAS) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | The market expects Arcosa (ACA) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2023. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Masco Corporation (MAS) : Free Stock Analysis Report To read this article on Zacks.com click here. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. | The market expects Arcosa (ACA) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2023. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Masco Corporation (MAS) : Free Stock Analysis Report To read this article on Zacks.com click here. When combined with a Zacks Rank of #4 (Sell), this Earnings ESP makes it difficult to conclusively predict that Masco will beat the consensus EPS estimate. | The market expects Arcosa (ACA) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2023. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Masco Corporation (MAS) : Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. | The market expects Arcosa (ACA) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2023. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Masco Corporation (MAS) : Free Stock Analysis Report To read this article on Zacks.com click here. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 27. |
35299.0 | 2023-04-11 00:00:00 UTC | Ex-Dividend Reminder: McGrath RentCorp, General Dynamics and Arcosa | ACA | https://www.nasdaq.com/articles/ex-dividend-reminder%3A-mcgrath-rentcorp-general-dynamics-and-arcosa | nan | nan | Looking at the universe of stocks we cover at Dividend Channel, on 4/13/23, McGrath RentCorp (Symbol: MGRC), General Dynamics Corp (Symbol: GD), and Arcosa Inc (Symbol: ACA) will all trade ex-dividend for their respective upcoming dividends. McGrath RentCorp will pay its quarterly dividend of $0.465 on 4/28/23, General Dynamics Corp will pay its quarterly dividend of $1.32 on 5/12/23, and Arcosa Inc will pay its quarterly dividend of $0.05 on 4/28/23. As a percentage of MGRC's recent stock price of $88.91, this dividend works out to approximately 0.52%, so look for shares of McGrath RentCorp to trade 0.52% lower — all else being equal — when MGRC shares open for trading on 4/13/23. Similarly, investors should look for GD to open 0.58% lower in price and for ACA to open 0.08% lower, all else being equal.
Below are dividend history charts for MGRC, GD, and ACA, showing historical dividends prior to the most recent ones declared.
McGrath RentCorp (Symbol: MGRC):
General Dynamics Corp (Symbol: GD):
Arcosa Inc (Symbol: ACA):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.09% for McGrath RentCorp, 2.31% for General Dynamics Corp, and 0.33% for Arcosa Inc.
Free Report: Top 8%+ Dividends (paid monthly)
In Tuesday trading, McGrath RentCorp shares are currently up about 0.4%, General Dynamics Corp shares are off about 0.2%, and Arcosa Inc shares are up about 0.3% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | Looking at the universe of stocks we cover at Dividend Channel, on 4/13/23, McGrath RentCorp (Symbol: MGRC), General Dynamics Corp (Symbol: GD), and Arcosa Inc (Symbol: ACA) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for GD to open 0.58% lower in price and for ACA to open 0.08% lower, all else being equal. Below are dividend history charts for MGRC, GD, and ACA, showing historical dividends prior to the most recent ones declared. | Looking at the universe of stocks we cover at Dividend Channel, on 4/13/23, McGrath RentCorp (Symbol: MGRC), General Dynamics Corp (Symbol: GD), and Arcosa Inc (Symbol: ACA) will all trade ex-dividend for their respective upcoming dividends. McGrath RentCorp (Symbol: MGRC): General Dynamics Corp (Symbol: GD): Arcosa Inc (Symbol: ACA): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for GD to open 0.58% lower in price and for ACA to open 0.08% lower, all else being equal. | Looking at the universe of stocks we cover at Dividend Channel, on 4/13/23, McGrath RentCorp (Symbol: MGRC), General Dynamics Corp (Symbol: GD), and Arcosa Inc (Symbol: ACA) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for GD to open 0.58% lower in price and for ACA to open 0.08% lower, all else being equal. Below are dividend history charts for MGRC, GD, and ACA, showing historical dividends prior to the most recent ones declared. | McGrath RentCorp (Symbol: MGRC): General Dynamics Corp (Symbol: GD): Arcosa Inc (Symbol: ACA): In general, dividends are not always predictable, following the ups and downs of company profits over time. Looking at the universe of stocks we cover at Dividend Channel, on 4/13/23, McGrath RentCorp (Symbol: MGRC), General Dynamics Corp (Symbol: GD), and Arcosa Inc (Symbol: ACA) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for GD to open 0.58% lower in price and for ACA to open 0.08% lower, all else being equal. |
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