Latest news with #ConstructionSector
Yahoo
5 days ago
- Business
- Yahoo
Lennar (LEN) Rises Higher Than Market: Key Facts
Lennar (LEN) ended the recent trading session at $115.33, demonstrating a +1.6% change from the preceding day's closing price. This change outpaced the S&P 500's 0.4% gain on the day. Meanwhile, the Dow experienced a rise of 0.47%, and the technology-dominated Nasdaq saw an increase of 0.24%. The stock of homebuilder has risen by 3.37% in the past month, lagging the Construction sector's gain of 6.97% and the S&P 500's gain of 4.61%. The investment community will be closely monitoring the performance of Lennar in its forthcoming earnings report. The company is expected to report EPS of $2.14, down 45.13% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $9.07 billion, indicating a 3.7% decline compared to the corresponding quarter of the prior year. LEN's full-year Zacks Consensus Estimates are calling for earnings of $9.04 per share and revenue of $35.22 billion. These results would represent year-over-year changes of -34.78% and -0.63%, respectively. It's also important for investors to be aware of any recent modifications to analyst estimates for Lennar. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable 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. The Zacks Consensus EPS estimate has moved 5.31% lower within the past month. Lennar is currently sporting a Zacks Rank of #5 (Strong Sell). Digging into valuation, Lennar currently has a Forward P/E ratio of 12.55. This signifies a premium in comparison to the average Forward P/E of 10.13 for its industry. Meanwhile, LEN's PEG ratio is currently 4.82. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Building Products - Home Builders industry stood at 2.22 at the close of the market yesterday. The Building Products - Home Builders industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 186, positioning it in the bottom 25% 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. Remember to apply to follow these and more stock-moving metrics during the upcoming 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 Lennar Corporation (LEN) : 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
22-07-2025
- Business
- Yahoo
Trane Technologies (TT) Stock Falls Amid Market Uptick: What Investors Need to Know
Trane Technologies (TT) closed at $442.48 in the latest trading session, marking a -1.08% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.14%. Elsewhere, the Dow saw a downswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.38%. The stock of manufacturer has risen by 6.58% in the past month, lagging the Construction sector's gain of 8.47% and overreaching the S&P 500's gain of 5.35%. The upcoming earnings release of Trane Technologies will be of great interest to investors. The company's earnings report is expected on July 30, 2025. On that day, Trane Technologies is projected to report earnings of $3.76 per share, which would represent year-over-year growth of 13.94%. In the meantime, our current consensus estimate forecasts the revenue to be $5.76 billion, indicating a 8.56% growth compared to the corresponding quarter of the prior year. For the full year, the Zacks Consensus Estimates project earnings of $12.92 per share and a revenue of $21.57 billion, demonstrating changes of +15.15% and +8.71%, respectively, from the preceding year. Investors should also take note of any recent adjustments to analyst estimates for Trane Technologies. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.29% rise in the Zacks Consensus EPS estimate. Trane Technologies presently features a Zacks Rank of #3 (Hold). Digging into valuation, Trane Technologies currently has a Forward P/E ratio of 34.62. This represents a premium compared to its industry average Forward P/E of 31. Investors should also note that TT has a PEG ratio of 2.91 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Building Products - Air Conditioner and Heating was holding an average PEG ratio of 2.11 at yesterday's closing price. The Building Products - Air Conditioner and Heating industry is part of the Construction sector. With its current Zacks Industry Rank of 177, this industry ranks in the bottom 29% of all industries, numbering over 250. The Zacks Industry Rank gauges the strength of our individual 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. To follow TT in the coming trading sessions, be sure to utilize 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 Trane Technologies plc (TT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
19-07-2025
- Business
- Yahoo
Quanta Services (PWR) Rises As Market Takes a Dip: Key Facts
Quanta Services (PWR) closed the most recent trading day at $403.31, moving +1.36% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.01%. Meanwhile, the Dow experienced a drop of 0.32%, and the technology-dominated Nasdaq saw an increase of 0.05%. Prior to today's trading, shares of the specialty contractor for utility and energy companies had gained 10.4% outpaced the Construction sector's gain of 8.6% and the S&P 500's gain of 5.37%. The investment community will be paying close attention to the earnings performance of Quanta Services in its upcoming release. The company is slated to reveal its earnings on July 31, 2025. In that report, analysts expect Quanta Services to post earnings of $2.43 per share. This would mark year-over-year growth of 27.89%. Simultaneously, our latest consensus estimate expects the revenue to be $6.55 billion, showing a 17.16% escalation compared to the year-ago quarter. For the full year, the Zacks Consensus Estimates are projecting earnings of $10.33 per share and revenue of $27.04 billion, which would represent changes of +15.16% and +14.23%, respectively, from the prior year. Investors should also pay attention to any latest changes in analyst estimates for Quanta Services. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.08% higher within the past month. At present, Quanta Services boasts a Zacks Rank of #3 (Hold). Investors should also note Quanta Services's current valuation metrics, including its Forward P/E ratio of 38.52. Its industry sports an average Forward P/E of 21.06, so one might conclude that Quanta Services is trading at a premium comparatively. Also, we should mention that PWR has a PEG ratio of 2.85. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. PWR's industry had an average PEG ratio of 1.82 as of yesterday's close. The Engineering - R and D Services industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 155, positioning it in the bottom 38% 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. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding 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 Quanta Services, Inc. (PWR) : 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
19-07-2025
- Business
- Yahoo
Tutor Perini (TPC) Suffers a Larger Drop Than the General Market: Key Insights
In the latest trading session, Tutor Perini (TPC) closed at $50.08, marking a -1.59% move from the previous day. This move lagged the S&P 500's daily loss of 0.01%. Meanwhile, the Dow lost 0.32%, and the Nasdaq, a tech-heavy index, added 0.05%. Prior to today's trading, shares of the construction company had gained 21.22% outpaced the Construction sector's gain of 8.6% and the S&P 500's gain of 5.37%. The investment community will be paying close attention to the earnings performance of Tutor Perini in its upcoming release. The company's upcoming EPS is projected at $0.29, signifying a 52.63% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.23 billion, indicating a 9.22% increase compared to the same quarter of the previous year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.74 per share and revenue of $5.13 billion. These totals would mark changes of +155.59% and +18.65%, respectively, from last year. Investors should also note any recent changes to analyst estimates for Tutor Perini. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.29% lower. As of now, Tutor Perini holds a Zacks Rank of #4 (Sell). Investors should also note Tutor Perini's current valuation metrics, including its Forward P/E ratio of 29.25. Its industry sports an average Forward P/E of 23.71, so one might conclude that Tutor Perini is trading at a premium comparatively. The Building Products - Heavy Construction industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 6, which puts it in the top 3% of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding 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 Tutor Perini Corporation (TPC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
11-07-2025
- Business
- Yahoo
PulteGroup (PHM) Beats Stock Market Upswing: What Investors Need to Know
In the latest close session, PulteGroup (PHM) was up +1.24% at $115.18. The stock's performance was ahead of the S&P 500's daily gain of 0.28%. Meanwhile, the Dow gained 0.43%, and the Nasdaq, a tech-heavy index, added 0.09%. The homebuilder's shares have seen an increase of 10.01% over the last month, surpassing the Construction sector's gain of 5.19% and the S&P 500's gain of 4.37%. The investment community will be paying close attention to the earnings performance of PulteGroup in its upcoming release. The company is slated to reveal its earnings on July 22, 2025. On that day, PulteGroup is projected to report earnings of $2.94 per share, which would represent a year-over-year decline of 17.88%. In the meantime, our current consensus estimate forecasts the revenue to be $4.39 billion, indicating a 4.52% decline compared to the corresponding quarter of the prior year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $11.48 per share and revenue of $17.24 billion. These totals would mark changes of -21.85% and -3.96%, respectively, from last year. It is also important to note the recent changes to analyst estimates for PulteGroup. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.01% decrease. PulteGroup currently has a Zacks Rank of #4 (Sell). In terms of valuation, PulteGroup is currently trading at a Forward P/E ratio of 9.91. This signifies no noticeable deviation in comparison to the average Forward P/E of 9.91 for its industry. It's also important to note that PHM currently trades at a PEG ratio of 0.33. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Building Products - Home Builders was holding an average PEG ratio of 2.34 at yesterday's closing price. The Building Products - Home Builders industry is part of the Construction sector. With its current Zacks Industry Rank of 195, this industry ranks in the bottom 22% of all industries, numbering over 250. 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. Be sure to use to monitor all these stock-influencing metrics, and more, throughout the forthcoming 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 PulteGroup, Inc. (PHM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
