Latest news with #CarlisleCompanies
Yahoo
7 days ago
- Business
- Yahoo
Carlisle (CSL) Stock Trades Up, Here Is Why
What Happened? Shares of building envelope solutions provider Carlisle Companies (NYSE:CSL) jumped 4% in the afternoon session after the broader market rallied as a key inflation report came in largely as expected, increasing the odds of a Federal Reserve interest rate cut. The U.S. stock market climbed sharply after the July headline Consumer Price Index (CPI), a key measure of inflation, came in at +2.7% year-over-year, largely in line with expectations. This news increased the chances for a Federal Reserve rate cut at its September meeting to 95%, fueling gains across major indexes like the Dow Jones, S&P 500, and Nasdaq. The shares closed the day at $384.49, up 4.9% from previous close. Is now the time to buy Carlisle? Access our full analysis report here, it's free. What Is The Market Telling Us Carlisle's shares are not very volatile and have only had 7 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 10 months ago when the stock dropped 8.4% on the news that the company reported disappointing third-quarter earnings results. Its revenue unfortunately missed, and its organic revenue fell short of Wall Street's estimates. Management called out the continued decline in residential markets and weather-related and port strikes as debilitating factors that slowed down momentum during the quarter. Overall, this was a weaker quarter. CSL wasn't the only housing-related company to report underwhelming results. MHK, which is also exposed to residential construction and demand for homes, also put up weak results that sent the stock down. Carlisle is up 4.9% since the beginning of the year, but at $384.39 per share, it is still trading 20.1% below its 52-week high of $480.93 from October 2024. Investors who bought $1,000 worth of Carlisle's shares 5 years ago would now be looking at an investment worth $3,022. 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.
Yahoo
25-07-2025
- Business
- Yahoo
Carlisle's (CSL) Dividend History: Steady Increases from an Under-the-Radar Name
Carlisle Companies Incorporated (NYSE:CSL) was recently included on our list of Dividend Champion vs Aristocrats: 12 Under the Radar Stocks to Buy. A close-up of a technician assembling a complex wiring harness for a building product. Carlisle Companies Incorporated (NYSE:CSL) is involved in designing, manufacturing, and distributing products used in building envelopes and energy systems. The company serves a vital function in the real estate and construction sectors by providing key materials for commercial properties, particularly those related to waterproofing and other construction needs. The stock has surged by over 10% in the past month. Despite facing a sluggish residential construction market, harsh winter conditions, and economic uncertainty from recent tariffs, Carlisle Companies Incorporated (NYSE:CSL) remained focused on its Vision 2030 goals. The company managed to maintain steady revenue of $1.1 billion, consistent with the previous year, and reported diluted earnings per share of $3.13 and adjusted earnings per share of $3.61. Improved weather conditions in March helped build momentum, which carried into April and marked the beginning of the summer construction season in the U.S. Carlisle Companies Incorporated (NYSE:CSL) expects to generate around $1 billion in free cash flow in 2025, in line with earlier projections. Staying true to its strategy of delivering strong shareholder returns through balanced capital allocation, the firm has increased its 2025 share repurchase target from $800 million to $1 billion. In the first quarter alone, it bought back 1.2 million shares worth $400 million. Carlisle Companies Incorporated (NYSE:CSL) currently offers a quarterly dividend of $1 per share and has a dividend yield of 1.12%, as of July 23. The company has been rewarding shareholders with growing dividends for the past 48 years, which makes it one of the best stocks on our dividend champions list. While we acknowledge the potential of CSL 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
18-07-2025
- Business
- Yahoo
4 Diversified Operations Stocks to Consider on Promising Industry Trends
The Zacks Diversified Operations industry is poised to gain from strength across the aerospace, defense, and oil & gas industries. Growth in commercial aviation and steady demand in the medical and life science markets are key catalysts for the industry's growth. Higher infrastructure development, product innovation and technological advancements are also providing persistent weakness in the manufacturing sector and supply-chain issues have been weighing on the performance of some industry players. Honeywell International Inc. HON, 3M Company MMM, Carlisle Companies Incorporated CSL and Federal Signal Corporation FSS are a few industry participants that are likely to capitalize on the opportunities. About the Industry The Zacks Diversified Operations industry includes companies that operate in various end markets, including oil & gas, industrial, electronics, power, aviation, technology, finance, healthcare, chemical, non-residential construction and transportation. Such companies manufacture and provide equipment and solutions, including bioprocessing products, molecular testing-related products, gas and steam turbines, generators, commercial jet engines and engineered fluid-process equipment. Industry players also provide related services to a large customer base. A few companies offer services in the agriculture, marine and telecommunications markets and are engaged in providing environmental and safety solutions. The diversified market operators have a vast global presence, with exposure in the United States, Japan, India, China, Canada and other countries. Major Trends Shaping the Future of the Diversified Operations Industry Strength in Aerospace and Defense Markets: The prospects of multi-sector companies primarily depend on the operating conditions of several end markets. Some factors that currently favor the industry are healthy demand from the aerospace, defense and governmental sectors, stability in the oil and gas market and infrastructure development. Industry players with exposure in the commercial aviation markets are poised to gain from healthy growth in air transport flight hours. Also, solid demand for several products and equipment in the consumer and professional, and home and building product markets bodes well for some industry in Innovation & Technological Advancements: The industry participants' constant focus on innovation, product upgrades and the development of new products to stay competitive in the market should drive growth. With the gradual development of business models and cutting-edge technologies, several industry players have been banking on digitizing their business operations for a while now. Digitization enables industry participants to boost their competitiveness through enhanced operational productivity, product quality and better cost in the Manufacturing Sector: Weakness in the manufacturing sector has been denting the demand in the industry. After witnessing expansion in economic activities for the second consecutive month in February, the manufacturing sector contracted in March, April, May and June. Per the Institute for Supply Management's (ISM) report, the Manufacturing Purchasing Manager's Index touched 49% in June. A figure less than 50% indicates a contraction in manufacturing activity. Also, the New Orders Index remained in the contraction territory for the fifth consecutive month, registering 46.4% in Disruptions: Supply-chain disruptions, especially related to the availability of electrical and electronic components, have been concerning for the industry participants of late. The latest ISM report's Supplier Deliveries Index reflects slower deliveries for the seventh straight month in June. Supply-chain issues, if not controlled, might hinder the growth of diversified operation companies, going forward. Zacks Industry Rank Suggests Strong Prospects The Zacks Diversified Operations industry, housed within the broader Zacks Conglomerates sector, currently carries a Zacks Industry Rank #92. This rank places it in the top 38% of 245 Zacks group's Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates robust prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to the bullish near-term prospects of the industry, we will present a few stocks that you may want to consider for your portfolio. However, it is worth taking a look at the industry's shareholder returns and current valuation first. Industry Lags the S&P 500 In the past year, the Zacks Diversified Operations industry has underperformed the S&P 500 composite. The industry has grown 6.9% compared with the S&P 500 Index's 13.7% rise. One-Year Price Performance Industry's Current Valuation On the basis of forward P/E (F12M), which is a commonly used multiple for valuing diversified operations stocks, the industry is currently trading at 17.82X compared with the S&P 500's the past five years, the industry has traded as high as 23.58X and as low as 13.70X, with a median of 16.71X, as the chart below shows: Price-to-Earnings Ratio Versus S&P 500 4 Diversified Operations Stocks Leading the Pack 3M: Based in St. Paul, MN, 3M operates as a diversified technology firm. It has manufacturing operations across the globe and serves a diversified customer base throughout the world. The company stands to gain from strong momentum in the Safety and Industrial segment, driven by strength in roofing granules, industrial adhesives and tapes and electrical markets. Solid momentum in the commercial aircraft and defense-related business and project wins in the advanced materials business are aiding its Transportation and Electronics of this Zacks Rank #2 (Buy) company have soared 23.3% in the past year. Its earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 6.6%. the complete list of today's Zacks #1 Rank stocks here.. Price and Consensus: MMM Federal Signal: Based in Oak Brook, IL, this company provides a suite of products and integrated solutions including street sweepers, safe-digging trucks, industrial vacuum loaders and others for municipal, governmental and commercial customers. Federal Signal is well-well positioned to benefit from robust aftermarket demand and strong order intake, supported by effective pricing actions. Growth in demand for public safety equipment, industrial signaling equipment and warning systems has been driving its of this Zacks Rank #2 company have gained 16.6% over the past year. It beat estimates in each of the last four reported quarters, delivering an average earnings surprise of 6.4%. Price and Consensus: FSS Honeywell: Based in Charlotte, NC, Honeywell is a global diversified technology and manufacturing company with a wide range of products and services. Its diversified portfolio includes aerospace products and services, energy-efficient products and solutions for businesses and process technology. HON is gaining from strength in its commercial aviation aftermarket business, driven by solid demand in the air transport market. Strength in its defense and space business, owing to stable U.S. and international defense spending volumes and sustained demand from the current geopolitical climate, has also been proving of the Zacks Rank #3 (Hold) company rose 11.1% in the past year. The company delivered better-than-expected results in each of the trailing four quarters, the average surprise being 6.7%. Price and Consensus: HON Carlisle: Based in Scottsdale, AZ, Carlisle engages in the design, manufacture and sale of a wide range of roofing and waterproofing products, engineered products and finishing equipment. CSL is gaining from growing re-roof activity in the construction sector. Strength in the Carlisle Construction Materials segment, driven by contributions from the MTL acquisition and healthy end-market demand, bodes well for Zacks Rank #3 company has delivered better-than-expected results in three of the trailing four quarters while missing the mark in one, the average surprise being 2.3%. Though the company's shares lost 2.4% in the past year, they rose 10.4% in the year-to-date period. Price and Consensus: CSL 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 Honeywell International Inc. (HON) : Free Stock Analysis Report 3M Company (MMM) : Free Stock Analysis Report Carlisle Companies Incorporated (CSL) : Free Stock Analysis Report Federal Signal Corporation (FSS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
Yahoo
19-06-2025
- Business
- Yahoo
3M Rises 40.2% in a Year and Outpaces Industry: Should You Buy the Stock Now?
3M Company's MMM shares have gained 40.2% over the past year, outperforming the S&P 500's growth of 9.4% and the Zacks Diversified Operations industry's growth of 3%. The diversified technology company has also outperformed industry players like Honeywell International Inc. HON and Carlisle Companies Incorporated CSL, which have returned 3.6% and lost 15.3%, respectively, over the same time frame. Image Source: Zacks Investment Research Closing at $142.51 in the last trading session, the stock is trading below its 52-week high of $156.35 but significantly higher than its 52-week low of $98.26. 3M stock is trading above both its 50-day and 200-day moving averages, indicating solid upward momentum and price stability. This reflects a positive market sentiment and confidence in the company's financial health and long-term prospects. Image Source: Zacks Investment Research The strongest driver of 3M's business at the moment is solid momentum in the Safety and Industrial segment, driven by strength in roofing granules, industrial adhesives and tapes, and electrical markets. Strong demand for cable accessories, driven by an increase in the construction of data centers and renewable energy projects, is driving the segment's performance. Also, an increase in demand for industrial and electronics bonding solutions has been proving the first quarter of 2025, revenues from the electrical, industrial adhesives and tapes markets grew in the high-single-digit range, while the same from roofing granules, industrial specialties and personal safety markets increased in the low-single-digit range. The Safety and Industrial segment's organic sales improved 2.5% year over year in the company's Transportation and Electronics segment is witnessing strength in the aerospace market. Robust momentum in the commercial aircraft and defense-related business and project wins in the advanced materials business are proving beneficial for the aerospace market's revenues increased in the low-double-digit range in the first quarter, while the same from the advanced materials market grew in the high-single-digit range. The Transportation and Electronics segment's adjusted organic sales grew 1.1% in the quarter. However, persistent weakness in the automotive electrification market, due to lower automotive OEM build rates, has remained a major concern.3M remains focused on rewarding its shareholders through dividend payouts and share buybacks. In first-quarter 2025, it used $396 million in paying out dividends and $1.3 billion in buybacks. Also, in 2024, it paid dividends worth $2 billion and repurchased shares for $1.8 billion. In February 2025, the quarterly dividend was hiked by 4%. For 2025, it expects to repurchase shares worth $2 billion. 3M has been grappling with persistent weakness in the Consumer segment due to soft consumer discretionary spending. The segment's revenues declined 1.4% in the first quarter, following a 1.9% decrease in 2024. There was a particular weakness in the command and packaging expression businesses. It expects consumer retail discretionary spending on hardline goods to remain muted in the near term, which is likely to hurt its overall the first quarter, 3M's long-term debt was high at $12.3 billion, reflecting an increase of 10.8% sequentially. Also, interest expenses in the quarter remained high at $255 million. Its short-term borrowings and current portion of long-term debt totaled $1.2 billion. 3M's long-term debt-to-capital ratio is currently pegged at 73.1%, higher than the industry's 54%. High debt levels, if not controlled, can increase financial obligations and prove detrimental to profitability in the quarters also operates in the highly competitive electronics, transportation, aerospace, defense and other markets, comprising well-recognised providers of highly engineered products. As one of its peers, Honeywell serves as a global diversified technology and manufacturing company, with diversified products and services. Carlisle, another peer, engages in the design, manufacture and sale of a wide range of roofing, waterproofing and engineered products, and finishing equipment. Earnings estimates for 3M have moved down over the past 60 days. Earnings estimates for second-quarter 2025 and 2025 have declined 1% and 0.9%, respectively. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Image Source: Zacks Investment Research MMM is trading at a premium to industry peers with a forward 12-month price-to-earnings (P/E) multiple of 17.96X. The current valuation is above its five-year median of 15.98X and has surpassed the broader industry's multiple of 16.37X. In comparison, Honeywell and Carlisle are trading at 20.56X and 15.11X, respectively. Image Source: Zacks Investment Research Despite 3M's several upsides and robust share price returns, the near-term challenges, such as weakness in the retail market, high debt level and premium valuation, are limiting this Zacks Rank #3 (Hold) company's near-term prospects. While current shareholders should hold their positions, new investors should wait for the stock to retract some of its recent gains and provide a better entry can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 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 Honeywell International Inc. (HON) : Free Stock Analysis Report 3M Company (MMM) : Free Stock Analysis Report Carlisle Companies Incorporated (CSL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
28-04-2025
- Business
- Yahoo
Carlisle Companies First Quarter 2025 Earnings: EPS Beats Expectations
Revenue: US$1.10b (flat on 1Q 2024). Net income: US$139.8m (down 18% from 1Q 2024). Profit margin: 13% (down from 16% in 1Q 2024). EPS: US$3.16 (down from US$3.57 in 1Q 2024). Our free stock report includes 1 warning sign investors should be aware of before investing in Carlisle Companies. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.1%. Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Building industry in the US. Performance of the American Building industry. The company's shares are up 7.9% from a week ago. It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Carlisle Companies, and understanding it should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
