Q4 Earnings Outperformers: Hillman (NASDAQ:HLMN) And The Rest Of The Professional Tools and Equipment Stocks
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how professional tools and equipment stocks fared in Q4, starting with Hillman (NASDAQ:HLMN).
Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand. Some professional tools and equipment companies also provide software to accompany measurement or automated machinery, adding a stream of recurring revenues to their businesses. On the other hand, professional tools and equipment companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings.
The 10 professional tools and equipment stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 0.6% while next quarter's revenue guidance was in line.
Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 9.7% since the latest earnings results.
Established when Max Hillman purchased a franchise operation, Hillman (NASDAQ:HLMN) designs, manufactures, and sells industrial equipment and systems for various sectors.
Hillman reported revenues of $349.6 million, flat year on year. This print fell short of analysts' expectations by 0.6%. Overall, it was a mixed quarter for the company with an impressive beat of analysts' adjusted operating income estimates but a significant miss of analysts' EPS estimates.
Doug Cahill, Hillman's executive chairman commented: 'During 2024, Hillman delivered record bottom line results despite the soft macro environment. Our focus on disciplined execution and taking care of our customers added to Hillman's 60-year legacy of service, which resulted in us winning vendor of the year awards at our two biggest customers: Home Depot and Lowe's."
Hillman pulled off the highest full-year guidance raise of the whole group. Still, the market seems discontent with the results. The stock is down 20.2% since reporting and currently trades at $8.79.
Read our full report on Hillman here, it's free.
Playing a significant role in the development of the hydraulic lift truck, Hyster-Yale (NYSE:HY) designs, manufactures, and sells materials handling equipment to various sectors.
Hyster-Yale Materials Handling reported revenues of $1.07 billion, up 3.9% year on year, outperforming analysts' expectations by 4.4%. The business had an exceptional quarter with a solid beat of analysts' EBITDA estimates and a decent beat of analysts' EPS estimates.
Hyster-Yale Materials Handling delivered the biggest analyst estimates beat and fastest revenue growth among its peers. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 20.2% since reporting. It currently trades at $41.34.
Is now the time to buy Hyster-Yale Materials Handling? Access our full analysis of the earnings results here, it's free.
Involved in manufacturing hard tips of anti-tank projectiles in World War II, Kennametal (NYSE:KMT) is a provider of industrial materials and tools for various sectors.
Kennametal reported revenues of $482.1 million, down 2.7% year on year, falling short of analysts' expectations by 1%. It was a disappointing quarter as it posted full-year EPS guidance missing analysts' expectations and a significant miss of analysts' adjusted operating income estimates.
As expected, the stock is down 8.7% since the results and currently trades at $21.40.
Read our full analysis of Kennametal's results here.
Taking its name from the Latin root of "strong", Fortive (NYSE:FTV) manufactures products and develops industrial software for numerous industries.
Fortive reported revenues of $1.62 billion, up 2.3% year on year. This print lagged analysts' expectations by 0.5%. Overall, it was a slower quarter as it also recorded EPS guidance for next quarter missing analysts' expectations.
Fortive had the weakest full-year guidance update among its peers. The stock is down 9.6% since reporting and currently trades at $72.21.
Read our full, actionable report on Fortive here, it's free.
With an iconic 'STANLEY' logo which has remained virtually unchanged for over a century, Stanley Black & Decker (NYSE:SWK) is a manufacturer primarily catering to the tool and outdoor equipment industry.
Stanley Black & Decker reported revenues of $3.72 billion, flat year on year. This number surpassed analysts' expectations by 3.8%. Overall, it was a strong quarter as it also recorded an impressive beat of analysts' organic revenue and EPS estimates.
The stock is down 11.4% since reporting and currently trades at $76.87.
Read our full, actionable report on Stanley Black & Decker here, it's free. Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Join Paid Stock Investor Research
Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Jim Cramer on EHang (EH): 'I'm Not Going to Really Want to Do a Lot of China Right Now'
We recently published a list of . In this article, we are going to take a look at where EHang Holdings Limited (NASDAQ:EH) stands against other stocks that Jim Cramer discusses. A caller asked for Cramer's opinion on EHang Holdings Limited (NASDAQ:EH), and he said: 'You know, I'm not going to really want to do a lot of China right now. I think that the President and China, just don't feel that, I just don't, I'm not getting that vibe, you know what I mean?' EHang (NASDAQ:EH) develops and sells autonomous aerial vehicles and related systems for use in passenger transport, logistics, urban management, and aerial media. The company offers aircraft models, flight control technology, operational software, vertiports, and charging infrastructure for electric vertical takeoff and landing operations. A modern commercial jet airliner decorated with the company logo in flight against a clear blue sky. On May 27, BofA reduced the price target on EHang (NASDAQ:EH) from $26 to $24 and maintained a Buy rating after the company missed expectations in the first quarter due to weaker sales. Taking the first-quarter performance into account, the firm lowered its volume sales projections for 2025 and 2026 by 7% and 8%, and revised its non-GAAP net profit estimates for those years down by 63% and 12%, respectively. Overall, EH ranks 11th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of EH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Jim Cramer Says He is 'Never Going to Say a Bad Word About ServiceNow (NOW)'
We recently published a list of . In this article, we are going to take a look at where ServiceNow, Inc. (NYSE:NOW) stands against other stocks that Jim Cramer discusses. A team of software engineers at desks working on code for a cutting-edge cloud computing solution. When a caller inquired about ServiceNow, Inc. (NYSE:NOW), Cramer remarked: 'Oh, oh yeah…. I bought it for the club. I gotta tell you… over and over again, I thought about it because it's such a good company. I know its earnings are, it looks like it's expensive stock, but in the Rule of 40, it's terrific. I gotta hand it to Bill McDermott. I am never going to say a bad word about ServiceNow. If you want to buy some, I am certainly going to green light that. By the way, can I just tell you, I looked at what they're doing and I say to myself, wow, they've really figured out AI. Where'd I get that from? Jensen Huang.' ServiceNow (NYSE:NOW) provides a cloud platform that uses AI, automation, and low-code technology to support digital workflows. The company's tools are used in IT, customer service, risk, HR, legal, and other business areas. Overall, NOW ranks 2nd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of NOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Insider
2 hours ago
- Business Insider
The Week That Was, The Week Ahead: Macro & Markets, June 8, 2025
Everything to Know about Macro and Markets Stocks clocked in large weekly gains, returning to positive territory year-to-date. The Dow Jones Industrial Average (DJIA) rose by 1.17%, the S&P 500 (SPX) increased by 1.50%, and the tech-heavy Nasdaq-100 (NDX) gained 1.97% for the week. The S&P 500 finished more than 20% above April's low, reclaiming the 6,000 mark first reached in February, although it remained about 2% shy of its record high. Confident Investing Starts Here: Macro Steers the Markets The week began on a positive note, losing some steam in the second half. The weakness in PMI reports – with the manufacturing activity contracting for a third month in a row and services activity shrinking for the first time in 11 months – infused some gloom. However, Friday saw stocks find their footing again on solid job gains, which allayed fears about an imminent economic downturn. U.S. jobs growth stayed strong in May, climbing 139,000 with unemployment unchanged at 4.2%. Although the March and April reports were revised downward, May's report reassured investors, as it reflected a very gradual cooling of the labor market. Still, diving into the job report's details, a stronger-than-expected wage growth continues to put a floor under inflation. This supports the Federal Reserve's 'wait and see' stance, despite President Trump's demands for a cut. According to the CME FedWatch Tool, the chances of a June cut are nil, and July's rate decrease looks increasingly improbable. Prices in interest rate futures markets imply that investors expect two quarter-point rate cuts by year-end, with the first cut not expected until September. Wrapping Up the Season Despite tariff headwinds and macro volatility, S&P 500 companies delivered solid results last quarter. Index members reported 12.9% year-over-year earnings growth – the second straight double-digit increase. 78% of firms – above the five-year average – exceeded EPS estimates. However, the number of companies issuing negative EPS guidance (68) was also above the average. In Q1, the Healthcare sector reported the highest earnings growth, 43%, leaving the Magnificent Seven cohort's 27.7% increase in the dust. In fact, Mag 7's earnings growth rate was below the average (32.1%) of the previous three quarters. Still, three members of the Magnificent bunch – Alphabet (GOOGL), Amazon (AMZN), and Nvidia (NVDA) – are among the top five contributors to earnings growth for the S&P 500 for the first quarter. Interestingly, Bristol Myers Squibb (BMY) and Gilead Sciences (GILD) were the other top contributors. Stocks That Made the News ▣ Tesla (TSLA) lost nearly 15% over the week following the ugly social media spat between Elon Musk and President Donald Trump. The feud flared up over the impending budget bill, with Musk calling it 'disgusting', and followed by Trump's threat to take away billions of dollars in government subsidies and contracts awarded to Musk's businesses. Although shares rebounded on Friday as Musk and Trump moved to cool tensions, the spat cost Tesla over $150 billion loss in market cap. ▣ Broadcom (AVGO) fell on Friday, wiping out its weekly gain, after the chip giant only narrowly surpassed analyst revenue and expectations. In addition, its current quarter revenue guidance was also just above consensus. Solid, but not a blowout quarter and outlook, weighed on shares that recently hit all-time highs. Still, the company delivered on the AI narrative, reporting surging demand and upping AI networking revenue guidance. ▣ Microsoft (MSFT) continued its climb, hitting a fresh record on Friday as analysts raised price targets on acceleration in Azure and AI-related revenue growth. According to Goldman Sachs, Microsoft's cloud revenue could more than double by 2029. The tech leader's market cap has reached $3.5 trillion, surpassing that of Nvidia (NVDA) and making MSFT the largest company in the world. ▣ Lululemon (LULU) shares dove by 20% on Friday, capping large weekly losses, despite earnings beat. The apparel retailer cut guidance on macroeconomic uncertainty and the impact of tariffs that might force LULU to increase prices. ▣ DocuSign (DOCU) was another notable decliner, sinking nearly 19% post earnings. The company reported a strong financial performance, but a miss on billings raised investor fears about future growth. The Q1 2025 earnings season is practically over, but several notable earnings releases are still scheduled for the next few days. These include Casey's General (CASY), Oracle (ORCL), Chewy (CHWY), and Adobe (ADBE).
