Latest news with #IndustrialProducts
Yahoo
a day ago
- Business
- Yahoo
Are Industrial Products Stocks Lagging AZZ (AZZ) This Year?
Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is AZZ (AZZ) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. AZZ is one of 189 companies in the Industrial Products group. The Industrial Products group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. AZZ is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for AZZ's full-year earnings has moved 4.9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Based on the latest available data, AZZ has gained about 37.5% so far this year. At the same time, Industrial Products stocks have gained an average of 5.5%. As we can see, AZZ is performing better than its sector in the calendar year. One other Industrial Products stock that has outperformed the sector so far this year is Halma (HLMAF). The stock is up 28.2% year-to-date. The consensus estimate for Halma's current year EPS has increased 8.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, AZZ belongs to the Manufacturing - Electronics industry, which includes 15 individual stocks and currently sits at #85 in the Zacks Industry Rank. Stocks in this group have gained about 6.7% so far this year, so AZZ is performing better this group in terms of year-to-date returns. Halma, however, belongs to the Security and Safety Services industry. Currently, this 16-stock industry is ranked #54. The industry has moved +18% so far this year. Investors with an interest in Industrial Products stocks should continue to track AZZ and Halma. These stocks will be looking to continue 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 AZZ Inc. (AZZ) : Free Stock Analysis Report Halma (HLMAF) : 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
5 days ago
- Business
- Yahoo
AZZ (AZZ) Stock Slides as Market Rises: Facts to Know Before You Trade
AZZ (AZZ) ended the recent trading session at $112.88, demonstrating a -3.15% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.03% for the day. Meanwhile, the Dow lost 0.03%, and the Nasdaq, a tech-heavy index, lost 0.01%. Shares of the electrical equipment maker witnessed a gain of 6.25% over the previous month, beating the performance of the Industrial Products sector with its gain of 2%, and the S&P 500's gain of 3.46%. Analysts and investors alike will be keeping a close eye on the performance of AZZ in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $1.56, reflecting a 13.87% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $430.77 million, up 5.32% from the prior-year quarter. AZZ's full-year Zacks Consensus Estimates are calling for earnings of $6.01 per share and revenue of $1.68 billion. These results would represent year-over-year changes of +15.58% and +6.19%, respectively. Investors should also take note of any recent adjustments to analyst estimates for AZZ. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research suggests that these changes in estimates have a direct relationship with upcoming 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 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. The Zacks Consensus EPS estimate remained stagnant within the past month. AZZ is holding a Zacks Rank of #2 (Buy) right now. With respect to valuation, AZZ is currently being traded at a Forward P/E ratio of 19.4. This valuation marks a discount compared to its industry average Forward P/E of 23.92. The Manufacturing - Electronics industry is part of the Industrial Products sector. This industry currently has a Zacks Industry Rank of 74, which puts it in the top 30% of all 250+ industries. 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 AZZ 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 AZZ Inc. (AZZ) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
6 days ago
- Business
- Yahoo
Xometry, Inc. (XMTR) Soars to 52-Week High, Time to Cash Out?
Shares of Xometry (XMTR) have been strong performers lately, with the stock up 36.9% over the past month. The stock hit a new 52-week high of $48.6 in the previous session. Xometry has gained 11.3% since the start of the year compared to the 6.9% gain for the Zacks Industrial Products sector and the 7.2% return for the Zacks Manufacturing - General Industrial industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 5, 2025, Xometry reported EPS of $0.09 versus consensus estimate of $0.05. For the current fiscal year, Xometry is expected to post earnings of $0.35 per share on $657.33 in revenues. This represents a 975% change in EPS on a 20.49% change in revenues. For the next fiscal year, the company is expected to earn $0.82 per share on $778.59 in revenues. This represents a year-over-year change of 134.29% and 18.45%, respectively. Valuation Metrics While Xometry has moved to its 52-week high over the past few weeks, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself. On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style. Xometry has a Value Score of F. The stock's Growth and Momentum Scores are A and A, respectively, giving the company a VGM Score of B. In terms of its value breakdown, the stock currently trades at 135.6X current fiscal year EPS estimates, which is a premium to the peer industry average of 23.3X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective. Zacks Rank We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Xometry currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts. Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Xometry fits the bill. Thus, it seems as though Xometry shares could still be poised for more gains ahead. How Does XMTR Stack Up to the Competition? Shares of XMTR have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Gorman-Rupp Company (The) (GRC). GRC has a Zacks Rank of #2 (Buy) and a Value Score of C, a Growth Score of B, and a Momentum Score of C. Earnings were strong last quarter. Gorman-Rupp Company (The) beat our consensus estimate by 9.09%, and for the current fiscal year, GRC is expected to post earnings of $2.04 per share on revenue of $680.77 million. Shares of Gorman-Rupp Company (The) have gained 16.5% over the past month, and currently trade at a forward P/E of 20.93X and a P/CF of 13.94X. The Manufacturing - General Industrial industry is in the top 14% of all the industries we have in our universe, so it looks like there are some nice tailwinds for XMTR and GRC, even beyond their own solid fundamental situation. 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 Xometry, Inc. (XMTR) : Free Stock Analysis Report Gorman-Rupp Company (The) (GRC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
12-08-2025
- Business
- Yahoo
ICL Group Ltd (ICL) Delivers Strong Q2 Results as Sales Hit $1.8B
ICL Group Ltd (NYSE:ICL) is one of the best low-priced stocks to buy right now. On August 6, the leading specialty minerals company delivered solid second-quarter 2025 results, characterized by an $80 million increase in consolidated sales to $1.8 billion. The sales increase was driven by positive trends in key markets, led by specialty-driven businesses. Industrial Products, Phosphate Solutions, and Growing Solutions businesses reported year-over-year growth in sales for both the second quarter and the first half of the year. Operating income fell to $181 million from $211 million in the same quarter last year, as adjusted operating income fell to $201 million, compared to $225 million in the same quarter the previous year. Adjusted diluted EPS totaled $0.09, better than $0.08 a share expected. 'For the most part, second quarter trends were a continuation of the first quarter and in-line with expectations. Looking toward the second half of the year, we expect to gradually benefit from price improvement and to continue to focus on our regional-specific specialties-driven businesses,' said Elad Aharonson, president and CEO of ICL. ICL Group Ltd (NYSE:ICL) is a specialty minerals company that creates solutions for sustainability challenges related to food, agriculture, and industrial markets. It leverages its resources in bromine, potash, and phosphate to develop products for these end markets, including specialty fertilizers and industrial materials. While we acknowledge the potential of ICL 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. 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
01-08-2025
- Business
- Yahoo
Eaton (ETN) Dips More Than Broader Market: What You Should Know
In the latest close session, Eaton (ETN) was down 1.46% at $384.40. The stock trailed the S&P 500, which registered a daily loss of 0.37%. Meanwhile, the Dow experienced a drop of 0.74%, and the technology-dominated Nasdaq saw a decrease of 0.03%. The stock of power management company has risen by 8.91% in the past month, leading the Industrial Products sector's gain of 5.14% and the S&P 500's gain of 2.68%. The investment community will be paying close attention to the earnings performance of Eaton in its upcoming release. The company is slated to reveal its earnings on August 5, 2025. In that report, analysts expect Eaton to post earnings of $2.92 per share. This would mark year-over-year growth of 6.96%. At the same time, our most recent consensus estimate is projecting a revenue of $6.93 billion, reflecting a 9.09% rise from the equivalent quarter last year. For the full year, the Zacks Consensus Estimates are projecting earnings of $12.02 per share and revenue of $27.37 billion, which would represent changes of +11.3% and +10.01%, respectively, from the prior year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Eaton. These revisions typically reflect the latest short-term business trends, which can change frequently. 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. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Eaton presently features a Zacks Rank of #3 (Hold). From a valuation perspective, Eaton is currently exchanging hands at a Forward P/E ratio of 32.46. This indicates a premium in contrast to its industry's Forward P/E of 24.33. One should further note that ETN currently holds a PEG ratio of 2.94. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Manufacturing - Electronics industry had an average PEG ratio of 2.01 as trading concluded yesterday. The Manufacturing - Electronics industry is part of the Industrial Products sector. This industry currently has a Zacks Industry Rank of 39, which puts it in the top 16% 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 Eaton Corporation, PLC (ETN) : 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
