Latest news with #Aerospace
Yahoo
5 hours ago
- Business
- Yahoo
Recent Analyst Ratings Forecast Further Upside For TAT Technologies Ltd. (TATT)
TAT Technologies Ltd. (NASDAQ:TATT) is among the 10 Best Small Cap Defense Stocks to Buy According to Hedge Funds. The stock has gained nearly 20% year-to-date, as of the close of business on July 16. Recent analyst ratings project further upside potential for its shares. Jordan Tan / On June 4, Truist Securities initiated coverage of TAT Technologies Ltd. (NASDAQ:TATT) with a Buy rating and announced a price target of $35 for the stock, with analysts viewing the company as a vital player in the commercial aerospace aftermarket component repair sector. Later in the month, on June 11, analysts at Benchmark lifted the stock's price target to $36 from $35, while maintaining a Buy rating for its shares. The adjustment followed impressive first-quarter results and a major APU contract with a leading international cargo carrier, which the firm described as a significant win. On June 18, Lake Street also initiated coverage of TAT Technologies Ltd. (NASDAQ:TATT) with a Buy rating and a price target of $37 per share. TAT Technologies Ltd. (NASDAQ:TATT) provides services and products for the commercial and military aerospace and ground defense sectors. Overall, Wall Street analysts have a consensus Buy rating for the stock, with a one-year average share price target of $35.50, representing an upside potential of 15.22%. While we acknowledge the potential of TATT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. 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
13 hours ago
- Business
- Yahoo
RTX (RTX) To Report Earnings Tomorrow: Here Is What To Expect
Aerospace and defense company Raytheon (NYSE:RTX) will be reporting results this Tuesday before market open. Here's what to look for. RTX beat analysts' revenue expectations by 1.7% last quarter, reporting revenues of $20.31 billion, up 5.2% year on year. It was a strong quarter for the company, with a solid beat of analysts' EBITDA estimates and an impressive beat of analysts' adjusted operating income estimates. Is RTX a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting RTX's revenue to grow 4.4% year on year to $20.65 billion, slowing from the 8.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.43 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. RTX has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 3.3% on average. Looking at RTX's peers in the aerospace and defense segment, some have already reported their Q2 results, giving us a hint as to what we can expect. AAR delivered year-on-year revenue growth of 14.9%, beating analysts' expectations by 8.6%, and Byrna reported revenues up 40.6%, in line with consensus estimates. AAR traded up 13.4% following the results while Byrna was down 28.8%. Read our full analysis of AAR's results here and Byrna's results here. There has been positive sentiment among investors in the aerospace and defense segment, with share prices up 6.5% on average over the last month. RTX is up 4.1% during the same time and is heading into earnings with an average analyst price target of $150.29 (compared to the current share price of $151.80). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. 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
14 hours ago
- Business
- Yahoo
RTX (RTX) To Report Earnings Tomorrow: Here Is What To Expect
Aerospace and defense company Raytheon (NYSE:RTX) will be reporting results this Tuesday before market open. Here's what to look for. RTX beat analysts' revenue expectations by 1.7% last quarter, reporting revenues of $20.31 billion, up 5.2% year on year. It was a strong quarter for the company, with a solid beat of analysts' EBITDA estimates and an impressive beat of analysts' adjusted operating income estimates. Is RTX a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting RTX's revenue to grow 4.4% year on year to $20.65 billion, slowing from the 8.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.43 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. RTX has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 3.3% on average. Looking at RTX's peers in the aerospace and defense segment, some have already reported their Q2 results, giving us a hint as to what we can expect. AAR delivered year-on-year revenue growth of 14.9%, beating analysts' expectations by 8.6%, and Byrna reported revenues up 40.6%, in line with consensus estimates. AAR traded up 13.4% following the results while Byrna was down 28.8%. Read our full analysis of AAR's results here and Byrna's results here. There has been positive sentiment among investors in the aerospace and defense segment, with share prices up 6.5% on average over the last month. RTX is up 4.1% during the same time and is heading into earnings with an average analyst price target of $150.29 (compared to the current share price of $151.80). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. 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
2 days ago
- Business
- Yahoo
Barclays Raises Honeywell (HON) Price Target, Maintains Overweight Rating
Honeywell International Inc. (NASDAQ:HON) is one of the Best Industrial Automation Stocks to Buy for the Next Decade. Barclays analyst Julian Mitchell has raised the firm's price target on Honeywell International Inc. (NASDAQ:HON) to $265 from $258, while maintaining an Overweight rating. The adjustment reflects growing confidence in Honeywell's ability to outperform in a mixed macroeconomic environment. Pixabay/Public Domain In a note to clients, Mitchell said the multi-industry group is entering second-quarter earnings with high investor expectations. Despite soft consumer demand, most companies, including Honeywell, are well-positioned to exceed estimates and potentially raise full-year guidance. Still, Barclays noted the sector's recent rally leaves a more balanced risk/reward setup. Honeywell's performance is being buoyed by strong execution across its automation, aerospace, and building technologies segments. The company's focus on high-margin, recurring revenue from digital solutions has added resilience to its earnings profile. Continued investment in industrial software and process control systems has helped expand its presence in data-driven manufacturing and energy efficiency. Honeywell's emphasis on automation is aligned with global trends toward smarter infrastructure and labor-saving technologies. Its portfolio of sensors, industrial controls, and connected platforms plays a crucial role in transforming traditional industrial environments. As Q2 earnings near, investors are watching Honeywell for signals on broader capital spending and industrial demand in the second half of the year. Honeywell delivers industrial automation through sensors, control systems, and software that optimize factory operations, energy use, and infrastructure performance. While we acknowledge the potential of HON as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Top 10 Healthcare AI Stocks to Buy According to Hedge Funds and 10 Consumer Defensive Stocks to Buy Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
3 days ago
- Business
- Yahoo
Lockheed Martin (LMT) Declines More Than Market: Some Information for Investors
Lockheed Martin (LMT) ended the recent trading session at $463.96, demonstrating a -1.12% change from the preceding day's closing price. This change lagged the S&P 500's 0.01% loss on the day. Meanwhile, the Dow lost 0.32%, and the Nasdaq, a tech-heavy index, added 0.05%. Coming into today, shares of the aerospace and defense company had gained 0.13% in the past month. In that same time, the Aerospace sector gained 6.62%, while the S&P 500 gained 5.37%. Analysts and investors alike will be keeping a close eye on the performance of Lockheed Martin in its upcoming earnings disclosure. The company's earnings report is set to go public on July 22, 2025. In that report, analysts expect Lockheed Martin to post earnings of $6.49 per share. This would mark a year-over-year decline of 8.72%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $18.56 billion, up 2.44% from the year-ago period. For the full year, the Zacks Consensus Estimates are projecting earnings of $27.21 per share and revenue of $74.32 billion, which would represent changes of -4.43% and +4.62%, respectively, from the prior year. Investors should also note any recent changes to analyst estimates for Lockheed Martin. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.21% lower. As of now, Lockheed Martin holds a Zacks Rank of #4 (Sell). In terms of valuation, Lockheed Martin is currently trading at a Forward P/E ratio of 17.24. Its industry sports an average Forward P/E of 25.34, so one might conclude that Lockheed Martin is trading at a discount comparatively. We can also see that LMT currently has a PEG ratio of 1.64. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Aerospace - Defense industry currently had an average PEG ratio of 2.07 as of yesterday's close. The Aerospace - Defense industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 86, positioning it in the top 35% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. 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 Lockheed Martin Corporation (LMT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
