Latest news with #JerryRevich
Business Insider
4 days ago
- Business
- Business Insider
REV Group price target raised to $34 from $30 at Goldman Sachs
Goldman Sachs analyst Jerry Revich raised the firm's price target on REV Group (REVG) to $34 from $30 but keeps a Sell rating on the shares. The company's Q2 results revealed higher Fire business throughput and cost control amid strong production performance in Specialty Vehicles, the analyst tells investors in a research note. The firm adds however that REV's Recreation segment EBITDA was only in-line, with lower margins driven by lower units. Confident Investing Starts Here:
Yahoo
28-05-2025
- Business
- Yahoo
Goldman Sachs Downgrades Atmus Filtration (ATMU) to Neutral Amid Valuation Concerns
On Tuesday, Goldman Sachs analyst Jerry Revich downgraded Atmus Filtration Technologies Inc. (NYSE:ATMU) from Buy to Neutral, while maintaining an unchanged price target of $39. The downgrade is primarily attributed to valuation concerns. A technician in a protective suit testing a variety of different lubricants and filters. Despite the rating change, Goldman Sachs remains positive on Atmus Filtration's potential to drive end-market outgrowth and effectively deploy capital to grow its industrial filtration business. The firm noted that the anticipated valuation re-rating has already played out. Since its IPO, Atmus Filtration's stock has surged by over 90%, significantly outperforming the S&P 500's 33% increase in the same period. In Q1 2025, Atmus Filtration reported strong earnings, with adjusted EPS of $0.63, which exceeded the projected $0.50. Revenue also surpassed forecasts and reached $417 million against an anticipated $412.3 million. Atmus Filtration is also expanding its manufacturing capabilities and launching new products, which are expected to contribute to future revenue growth. Atmus Filtration Technologies Inc. (NYSE:ATMU) designs, manufactures, and sells global filtration products under the Fleetguard brand. While we acknowledge the potential of ATMU to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ATMU and that has 100x upside potential, check out our report about the cheapest 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
CNBC
27-05-2025
- Automotive
- CNBC
Buy this power generation stock for more than 35% upside, Goldman Sachs says
Cummins could see strong demand for its power generation products beyond a growing appetite for data centers, according to Goldman Sachs. Goldman upgraded the engine, power generation and electric vehicle component manufacturer to buy from neutral on Tuesday. The bank also raised its price target to $431 per share from $410, which implies 36% upside from Friday's close. "We see (i) structurally higher Power Systems profitability (pricing structure beyond data center), (ii) derisked EPA 2027 expectations, and (iii) US truck demand expectations that have been significantly reduced while used sleeper inventory levels that are now down 30% yoy," analyst Jerry Revich said. CMI YTD mountain Cummins Inc. stock in 2025. "Cummins has expanded its Power Systems margins over the course of this cycle from a range of 5-10% historically to a 15-20% run-rate and within the context of CAT's ~20% margin for Energy & Transportation. The margin expansion has been driven by a transition to value-based pricing, with capacity and product line expansion for large generators (including data centers) contributing," Revich said. The analyst's bullish call is in concert with a more optimistic view of the machinery sector, which he said is at an inflection point. "Machinery supply is inflecting positively for the first time in three years, new equipment destock is more than halfway complete, margin expectations have been reset embedding tariff headwinds, and valuations appear reasonable on mid-cycle earnings," Revich said. Shares have slipped 9% in 2025 but have gained more than 7% in May. The stock climbed more than 2% following the upgrade. Despite the upgrade, most analysts are cautious on the stock. LSEG data shows 15 of 24 of those covering Cummins rate it a hold, while another eight have a buy or strong buy rating. The average price target implies upside of 11%.
Yahoo
22-05-2025
- Business
- Yahoo
Eagle Materials price target lowered to $242 from $252 at Goldman Sachs
Goldman Sachs analyst Jerry Revich lowered the firm's price target on Eagle Materials (EXP) to $242 from $252 and keeps a Buy rating on the shares after its Q4 earnings miss. The firm is also reducing its FY26 and FY27 EBITDA estimates to $779M and $846M from $874M and $900M respectively to reflect lower Wallboard margins due to higher shipping costs and higher Cement costs, the analyst tells investors in a research note. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on EXP: Disclaimer & DisclosureReport an Issue Eagle Materials price target lowered to $237 from $245 at Loop Capital Eagle Materials price target lowered to $241 from $242 at Stifel Eagle Materials Reports Record Revenue Amid Strategic Growth Eagle Materials' Earnings Call: Record Results Amid Challenges Eagle Materials reports Q4 adjusted EPS $2.08, consensus $2.43 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
Business Insider
22-05-2025
- Business
- Business Insider
Eagle Materials price target lowered to $242 from $252 at Goldman Sachs
Goldman Sachs analyst Jerry Revich lowered the firm's price target on Eagle Materials (EXP) to $242 from $252 and keeps a Buy rating on the shares after its Q4 earnings miss. The firm is also reducing its FY26 and FY27 EBITDA estimates to $779M and $846M from $874M and $900M respectively to reflect lower Wallboard margins due to higher shipping costs and higher Cement costs, the analyst tells investors in a research note. Confident Investing Starts Here:
