Latest news with #Andritz
Yahoo
21-07-2025
- Business
- Yahoo
Is Andritz (ADRZY) Stock Outpacing Its Industrial Products Peers This Year?
The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Andritz (ADRZY) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question. Andritz is a member of our Industrial Products group, which includes 189 different companies and currently sits at #4 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Andritz is currently sporting a Zacks Rank of #2 (Buy). Over the past 90 days, the Zacks Consensus Estimate for ADRZY's full-year earnings has moved 3.4% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. According to our latest data, ADRZY has moved about 47.8% on a year-to-date basis. Meanwhile, the Industrial Products sector has returned an average of 7.3% on a year-to-date basis. This shows that Andritz is outperforming its peers so far this year. Greif (GEF) is another Industrial Products stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 7.7%. Over the past three months, Greif's consensus EPS estimate for the current year has increased 7%. The stock currently has a Zacks Rank #1 (Strong Buy). To break things down more, Andritz belongs to the Industrial Services industry, a group that includes 18 individual companies and currently sits at #50 in the Zacks Industry Rank. Stocks in this group have gained about 5.1% so far this year, so ADRZY is performing better this group in terms of year-to-date returns. In contrast, Greif falls under the Containers - Paper and Packaging industry. Currently, this industry has 12 stocks and is ranked #93. Since the beginning of the year, the industry has moved -6.3%. Andritz and Greif could continue their solid performance, so investors interested in Industrial Products stocks should continue to pay close attention to these stocks. 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 Andritz (ADRZY) : Free Stock Analysis Report Greif, Inc. (GEF) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
15-07-2025
- Business
- Yahoo
3 Reasons Why Growth Investors Shouldn't Overlook Andritz (ADRZY)
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects. Andritz (ADRZY) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank. Studies have shown that stocks with the best growth features consistently outperform the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy). Here are three of the most important factors that make the stock of this company a great growth pick right now. Earnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration. While the historical EPS growth rate for Andritz is 24.4%, investors should actually focus on the projected growth. The company's EPS is expected to grow 11% this year, crushing the industry average, which calls for EPS growth of 10.2%. Growth investors often overlook asset utilization ratio, also known as sales-to-total-assets (S/TA) ratio, but it is an important feature of a real growth stock. This metric exhibits how efficiently a firm is utilizing its assets to generate sales. Right now, Andritz has an S/TA ratio of 1.01, which means that the company gets $1.01 in sales for each dollar in assets. Comparing this to the industry average of 0.89, it can be said that the company is more efficient. While the level of efficiency in generating sales matters a lot, so does the sales growth of a company. And Andritz looks attractive from a sales growth perspective as well. The company's sales are expected to grow 2.9% this year versus the industry average of 2.6%. Beyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements. There have been upward revisions in current-year earnings estimates for Andritz. The Zacks Consensus Estimate for the current year has surged 2.5% over the past month. Andritz has not only earned a Growth Score of B based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. This combination indicates that Andritz is a potential outperformer and a solid choice for growth investors. 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 Andritz (ADRZY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Zawya
27-06-2025
- Business
- Zawya
Mepco unit breaks ground on tissue manufacturing facility at Saudi's KAEC
Middle East Paper Company (Mepco), one of the largest paper manufacturers in the region, has announced that its key unit - Juthor Paper Manufacturing Company - has broken ground on TM6 - the second production line for tissue manufacturing at King Abdullah Economic City (KAEC) - near Jeddah. TM6, which is being set up at a total investment of SAR345 million ($92 million), will significantly expand Juthor's manufacturing output, increasing annual capacity to 120,000 tonnes and operating at a speed of 2,100 m per minute. Andritz, an Austria-based international technology group, will be assisting Juthor in the project by providing advanced plants, equipment, services, and digital solutions, to the group. It will also be responsible for the manufacture, supply, and installation of the facility within a two-year period. TM6 supports Saudi Arabia's Vision 2030 by advancing local manufacturing, reducing reliance on imports, creating skilled jobs, and adhering to world-class environmental standards. The groundbreaking ceremony was attended by senior representatives from different government and private entities like Modon and Economic Cities and Special Zones Authority along with the Juthor and Mepco senior leadership teams. Commenting on the launch, Musab Al-Muhaidib, the Chairman of the Board at Mepco Group, said: "The launch of TM6 is a testament to our unwavering belief in Saudi Arabia's industrial future. As we align with Vision 2030, this expansion strengthens our role in enabling local manufacturing and advancing the Kingdom's self-sufficiency in the tissue sector." The facility will utilise cutting-edge technology and sustainable manufacturing methods to align with Mepco's environmental goals, including efficient resource use and minimizing carbon emissions," he stated. Mepco Group President Eng. Faisal Haddawi said: "We do not simply build capacity - we build value, resilience, and trust. TM6 will accelerate our strategy for sustainable growth while deepening our contribution to the Saudi economy and regional markets." Juthor remains committed to continuous investment in manufacturing innovation to meet the growing demand for high-quality tissue paper products in the Kingdom and the wider Mena region, he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Yahoo
18-06-2025
- Business
- Yahoo
Are Industrial Products Stocks Lagging Andritz (ADRZY) This Year?
The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Andritz (ADRZY) 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. Andritz is a member of our Industrial Products group, which includes 189 different companies and currently sits at #7 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 proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Andritz is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for ADRZY's full-year earnings has moved 0.9% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Our latest available data shows that ADRZY has returned about 43.1% since the start of the calendar year. In comparison, Industrial Products companies have returned an average of 0.9%. This shows that Andritz is outperforming its peers so far this year. One other Industrial Products stock that has outperformed the sector so far this year is Greif (GEF). The stock is up 3.5% year-to-date. For Greif, the consensus EPS estimate for the current year has increased 0.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy). To break things down more, Andritz belongs to the Industrial Services industry, a group that includes 18 individual companies and currently sits at #143 in the Zacks Industry Rank. On average, this group has lost an average of 30.2% so far this year, meaning that ADRZY is performing better in terms of year-to-date returns. In contrast, Greif falls under the Containers - Paper and Packaging industry. Currently, this industry has 11 stocks and is ranked #30. Since the beginning of the year, the industry has moved -10.5%. Going forward, investors interested in Industrial Products stocks should continue to pay close attention to Andritz and Greif as they could maintain their solid performance. 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 Andritz (ADRZY) : Free Stock Analysis Report BioCryst Pharmaceuticals, Inc. (BCRX) : Free Stock Analysis Report Greif, Inc. (GEF) : Free Stock Analysis Report Coeur Mining, Inc. (CDE) : Free Stock Analysis Report Walgreens Boots Alliance, Inc. (WBA) : Free Stock Analysis Report Liberty Media Corporation - Liberty Formula One Series A (FWONA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
23-05-2025
- Business
- Yahoo
Andritz Equips Pacific Jeans to Recycle Denim Waste
International technology group Andritz has teamed with Bangladesh-based Pacific Jeans to help the latter's pursuit of more sustainable clothing production. The Austria-based company supplied and commissioned a Rexline tearing system for Pacific Jeans, which will allow the company to recycle waste generated during the cutting process of producing jeans. More from Sourcing Journal BGMEA Seeks 3-Month Delay for India's Land Port Ban on Garment Exports Bangladesh, US Engage in Free Trade Agreement Talks Chemical Textile Recycler Eeden Closes $20M Funding Round The Rexline tearing system offers a capacity of up to 800 kg. of fiber per hour, allowing Pacific Jeans to create and provide high-quality fibers to the spinning industry. Yarns from these fibers also will be used by the company to manufacture new jeans. The use of recycled fibers significantly reduces the carbon footprint and cost of clothing production versus using virgin cotton. The garment industry accounts for a large portion of Bangladesh's economy, earning around $50 billion in exports in 2024, according to the Export Promotion Bureau. The country ranks second behind China among the world's top clothing exporters. Fast fashion has been a major part of Bangladesh's garment exports, with brands such as H&M sourcing much of its product from the country. But Bangladesh also has started making moves to reduce its impact on the growing problem of global textile waste. In 2023, the country held its first Bangladesh Circular Economy Summit, gathering stakeholders from the South Asian nation along with global brands and governmental representatives to work toward a more circular garment industry. Pacific Jeans Group has produced premium denim in Bangladesh since 1984. The company has made a commitment to sustainability, working with partners such as Andritz to improve circularity and achieve a net-zero climate impact. 'It has been a pleasure to work with Andritz on this Rexline installation, which helps us to build our responsible supply chain,' said Syed M. Tanvir, managing director of Pacific Jeans. 'Bangladesh's dynamic clothing industry has great potential for post-industrial waste recycling. By transforming our cutting waste and reusing this recycled fiber in fabric production, we aim to close the loop and move the fashion industry towards a greener future.' Sign in to access your portfolio
