Latest news with #Luxfer
Yahoo
7 days ago
- Business
- Yahoo
Q1 Rundown: L.B. Foster (NASDAQ:FSTR) Vs Other General Industrial Machinery Stocks
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how L.B. Foster (NASDAQ:FSTR) and the rest of the general industrial machinery stocks fared in Q1. Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand for general industrial machinery companies. Those who innovate and create digitized solutions can spur sales and speed up replacement cycles, but all general industrial machinery companies are still at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 15 general industrial machinery stocks we track reported a mixed Q1. As a group, revenues missed analysts' consensus estimates by 1.5% while next quarter's revenue guidance was 1.5% below. In light of this news, share prices of the companies have held steady as they are up 3.1% on average since the latest earnings results. Founded with a $2,500 loan, L.B. Foster (NASDAQ:FSTR) is a provider of products and services for the transportation and energy infrastructure sectors, including rail products, construction materials, and coating solutions. L.B. Foster reported revenues of $97.79 million, down 21.3% year on year. This print fell short of analysts' expectations by 14.5%. Overall, it was a mixed quarter for the company with full-year EBITDA guidance exceeding analysts' expectations. John Kasel, President and Chief Executive Officer, commented, "As mentioned in our 2024 year end earnings announcement back in March, we started 2025 with first quarter sales and profitability down versus last year. This was due to an exceptionally-strong first quarter last year for our Rail segment. Within the segment, Rail Products sales declined $23.7 million, or 44.7%, due to lower Rail Distribution volumes. Infrastructure sales grew 5.0% over last year and expanded operating results in the quarter driven by a 33.7% increase in Precast Concrete sales. Focusing on what we can influence in the short term, we drove cost controls which resulted in an 8.4% reduction in operating expenses versus last year, partially mitigating the impact of lower gross profit from the Rail Distribution sales decline. We also stepped up our stock buybacks to 168,911 shares in the first quarter, or 1.5% of outstanding common stock." L.B. Foster pulled off the highest full-year guidance raise of the whole group. Still, the market seems discontent with the results. The stock is down 13.3% since reporting and currently trades at $18.98. Read our full report on L.B. Foster here, it's free. With its magnesium alloys used in the construction of the famous Spirit of St. Louis aircraft, Luxfer (NYSE:LXFR) offers specialized materials, components, and gas containment devices to various industries. Luxfer reported revenues of $97 million, up 8.5% year on year, outperforming analysts' expectations by 11.9%. The business had an incredible quarter with an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. Luxfer delivered the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 13.3% since reporting. It currently trades at $11.32. Is now the time to buy Luxfer? Access our full analysis of the earnings results here, it's free. Founded in 1987, Icahn Enterprises (NASDAQ: IEP) is a diversified holding company primarily engaged in investment and asset management across various sectors. Icahn Enterprises reported revenues of $1.87 billion, down 24.6% year on year, falling short of analysts' expectations by 29%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. Icahn Enterprises delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 3.8% since the results and currently trades at $8.40. Read our full analysis of Icahn Enterprises's results here. Based in Connecticut, Crane (NYSE:CR) is a diversified manufacturer of engineered industrial products, including fluid handling, and aerospace technologies. Crane reported revenues of $557.6 million, up 9.3% year on year. This result surpassed analysts' expectations by 1.5%. It was a strong quarter as it also logged an impressive beat of analysts' organic revenue estimates and a decent beat of analysts' EPS estimates. The stock is up 15% since reporting and currently trades at $170.82. Read our full, actionable report on Crane here, it's free. Tracing back to its invention of the mechanical milk bottle filler in 1884, John Bean (NYSE:JBT) designs, manufactures, and sells equipment used for food processing and aviation. John Bean reported revenues of $854.1 million, up 118% year on year. This number topped analysts' expectations by 2.6%. Overall, it was a very strong quarter as it also put up a solid beat of analysts' EBITDA estimates and EPS guidance for next quarter exceeding analysts' expectations. John Bean scored the fastest revenue growth among its peers. The stock is up 5.3% since reporting and currently trades at $112.80. Read our full, actionable report on John Bean here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Yahoo
30-05-2025
- Business
- Yahoo
Q1 Earnings Roundup: Illinois Tool Works (NYSE:ITW) And The Rest Of The General Industrial Machinery Segment
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the general industrial machinery stocks, including Illinois Tool Works (NYSE:ITW) and its peers. Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand for general industrial machinery companies. Those who innovate and create digitized solutions can spur sales and speed up replacement cycles, but all general industrial machinery companies are still at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 15 general industrial machinery stocks we track reported a mixed Q1. As a group, revenues missed analysts' consensus estimates by 1.5% while next quarter's revenue guidance was 1.5% below. Thankfully, share prices of the companies have been resilient as they are up 5.1% on average since the latest earnings results. Founded by Byron Smith, an investor who held over 100 patents, Illinois Tool Works (NYSE:ITW) manufactures engineered components and specialized equipment for numerous industries. Illinois Tool Works reported revenues of $3.84 billion, down 3.4% year on year. This print was in line with analysts' expectations, but overall, it was a slower quarter for the company with a miss of analysts' adjusted operating income estimates. 'ITW commenced 2025 with solid execution, achieving financial results ahead of plan expectations as we continued to outperform underlying end markets,' said Christopher A. O'Herlihy, President and Chief Executive Officer. The stock is up 1.6% since reporting and currently trades at $245.73. Read our full report on Illinois Tool Works here, it's free. With its magnesium alloys used in the construction of the famous Spirit of St. Louis aircraft, Luxfer (NYSE:LXFR) offers specialized materials, components, and gas containment devices to various industries. Luxfer reported revenues of $97 million, up 8.5% year on year, outperforming analysts' expectations by 11.9%. The business had an incredible quarter with an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. Luxfer achieved the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 12.6% since reporting. It currently trades at $11.25. Is now the time to buy Luxfer? Access our full analysis of the earnings results here, it's free. Founded in 1987, Icahn Enterprises (NASDAQ: IEP) is a diversified holding company primarily engaged in investment and asset management across various sectors. Icahn Enterprises reported revenues of $1.87 billion, down 24.6% year on year, falling short of analysts' expectations by 29%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. Icahn Enterprises delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 4% since the results and currently trades at $8.38. Read our full analysis of Icahn Enterprises's results here. Producers of the first asthma inhaler, 3M Company (NYSE:MMM) is a global conglomerate known for products in industries like healthcare, safety, electronics, and consumer goods. 3M reported revenues of $5.78 billion, down 3.9% year on year. This print beat analysts' expectations by 1.5%. Overall, it was a strong quarter as it also produced a solid beat of analysts' adjusted operating income estimates. The stock is up 18.1% since reporting and currently trades at $148.75. Read our full, actionable report on 3M here, it's free. Headquartered in Massachusetts, Kadant (NYSE:KAI) is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. Kadant reported revenues of $239.2 million, down 3.9% year on year. This number met analysts' expectations. Aside from that, it was a slower quarter as it produced full-year EPS guidance missing analysts' expectations. The stock is flat since reporting and currently trades at $317.32. Read our full, actionable report on Kadant here, it's free. The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. 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
28-05-2025
- Business
- Yahoo
General Industrial Machinery Stocks Q4 In Review: Columbus McKinnon (NASDAQ:CMCO) Vs Peers
As the Q4 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the general industrial machinery industry, including Columbus McKinnon (NASDAQ:CMCO) and its peers. Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand for general industrial machinery companies. Those who innovate and create digitized solutions can spur sales and speed up replacement cycles, but all general industrial machinery companies are still at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 15 general industrial machinery stocks we track reported a mixed Q4. As a group, revenues missed analysts' consensus estimates by 1.9% while next quarter's revenue guidance was 1.5% below. In light of this news, share prices of the companies have held steady as they are up 3.8% on average since the latest earnings results. With 19 different brands across the globe, Columbus McKinnon (NASDAQ:CMCO) offers material handling equipment for the construction, manufacturing, and transportation industries. Columbus McKinnon reported revenues of $234.1 million, down 7.9% year on year. This print fell short of analysts' expectations by 7%. Overall, it was a disappointing quarter for the company with a significant miss of analysts' EBITDA and EPS estimates. "The second half of our third quarter saw a slowing of industry demand. This was driven by delayed customer decision-making related to U.S. policy uncertainty, including tariffs as well as continued weakening in the European economies," said David J. Wilson, President and Chief Executive Officer. The stock is down 50.5% since reporting and currently trades at $17.55. Read our full report on Columbus McKinnon here, it's free. With its magnesium alloys used in the construction of the famous Spirit of St. Louis aircraft, Luxfer (NYSE:LXFR) offers specialized materials, components, and gas containment devices to various industries. Luxfer reported revenues of $97 million, up 8.5% year on year, outperforming analysts' expectations by 11.9%. The business had an incredible quarter with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. Luxfer delivered the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 17.5% since reporting. It currently trades at $11.74. Is now the time to buy Luxfer? Access our full analysis of the earnings results here, it's free. Founded in 1987, Icahn Enterprises (NASDAQ: IEP) is a diversified holding company primarily engaged in investment and asset management across various sectors. Icahn Enterprises reported revenues of $1.87 billion, down 24.6% year on year, falling short of analysts' expectations by 29%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. Icahn Enterprises delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 1.2% since the results and currently trades at $8.62. Read our full analysis of Icahn Enterprises's results here. Tracing back to its invention of the mechanical milk bottle filler in 1884, John Bean (NYSE:JBT) designs, manufactures, and sells equipment used for food processing and aviation. John Bean reported revenues of $854.1 million, up 118% year on year. This number surpassed analysts' expectations by 2.6%. It was a very strong quarter as it also produced an impressive beat of analysts' EBITDA estimates and EPS guidance for next quarter exceeding analysts' expectations. John Bean achieved the fastest revenue growth among its peers. The stock is up 10.5% since reporting and currently trades at $118.35. Read our full, actionable report on John Bean here, it's free. Founded in 1895, Albany (NYSE:AIN) is a global textiles and materials processing company, specializing in machine clothing for paper mills and engineered composite structures for aerospace and other industries. Albany reported revenues of $288.8 million, down 7.8% year on year. This result came in 1.8% below analysts' expectations. Overall, it was a slower quarter as it also logged a significant miss of analysts' adjusted operating income estimates and full-year revenue guidance slightly missing analysts' expectations. The stock is up 2.9% since reporting and currently trades at $67.50. Read our full, actionable report on Albany here, it's free. In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
27-05-2025
- Business
- Yahoo
Luxfer, LGI Homes, QuidelOrtho, Dentsply Sirona, and AdaptHealth Stocks Trade Up, What You Need To Know
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +2.0%, S&P 500 +2.0%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: General Industrial Machinery company Luxfer (NYSE:LXFR) jumped 5.1%. Is now the time to buy Luxfer? Access our full analysis report here, it's free. Home Builders company LGI Homes (NASDAQ:LGIH) jumped 5.1%. Is now the time to buy LGI Homes? Access our full analysis report here, it's free. Medical Devices & Supplies - Imaging, Diagnostics company QuidelOrtho (NASDAQ:QDEL) jumped 7%. Is now the time to buy QuidelOrtho? Access our full analysis report here, it's free. Dental Equipment & Technology company Dentsply Sirona (NASDAQ:XRAY) jumped 5%. Is now the time to buy Dentsply Sirona? Access our full analysis report here, it's free. Senior Health, Home Health & Hospice company AdaptHealth (NASDAQ:AHCO) jumped 5.8%. Is now the time to buy AdaptHealth? Access our full analysis report here, it's free. QuidelOrtho's shares are very volatile and have had 27 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 15 days ago when the stock gained 5.9% on the news that the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains. However, President Trump clarified that tariffs could go "substantially higher" if a full deal with China wasn't reached during the 90-day pause, but not all the way back to the previous levels. Still, the agreement has cooled fears of a prolonged trade war, helping stabilize expectations for global growth and trade flows and fueling renewed optimism. The optimism appeared concentrated in key trade-sensitive sectors, particularly technology, retail, and industrials, as lower tariffs reduce cost pressures and restore cross-border demand. QuidelOrtho is down 30.7% since the beginning of the year, and at $31.23 per share, it is trading 34.4% below its 52-week high of $47.61 from January 2025. Investors who bought $1,000 worth of QuidelOrtho's shares 5 years ago would now be looking at an investment worth $198.30. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. 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
27-05-2025
- Business
- Yahoo
Spotting Winners: Kadant (NYSE:KAI) And General Industrial Machinery Stocks In Q1
As the Q1 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the general industrial machinery industry, including Kadant (NYSE:KAI) and its peers. Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand for general industrial machinery companies. Those who innovate and create digitized solutions can spur sales and speed up replacement cycles, but all general industrial machinery companies are still at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 14 general industrial machinery stocks we track reported a mixed Q1. As a group, revenues missed analysts' consensus estimates by 1.5% while next quarter's revenue guidance was 1.5% below. In light of this news, share prices of the companies have held steady as they are up 4.8% on average since the latest earnings results. Headquartered in Massachusetts, Kadant (NYSE:KAI) is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. Kadant reported revenues of $239.2 million, down 3.9% year on year. This print was in line with analysts' expectations, but overall, it was a slower quarter for the company with full-year EPS guidance missing analysts' expectations. Management Commentary'Our first quarter results were in line with expectations across most financial metrics despite the increasing geopolitical and trade uncertainties,' said Jeffrey L. Powell, president and chief executive officer of Kadant Inc. Unsurprisingly, the stock is down 3.2% since reporting and currently trades at $305.08. Read our full report on Kadant here, it's free. With its magnesium alloys used in the construction of the famous Spirit of St. Louis aircraft, Luxfer (NYSE:LXFR) offers specialized materials, components, and gas containment devices to various industries. Luxfer reported revenues of $97 million, up 8.5% year on year, outperforming analysts' expectations by 11.9%. The business had an incredible quarter with an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. Luxfer scored the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 11.9% since reporting. It currently trades at $11.18. Is now the time to buy Luxfer? Access our full analysis of the earnings results here, it's free. Founded in 1987, Icahn Enterprises (NASDAQ: IEP) is a diversified holding company primarily engaged in investment and asset management across various sectors. Icahn Enterprises reported revenues of $1.87 billion, down 24.6% year on year, falling short of analysts' expectations by 29%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. Icahn Enterprises delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 1.5% since the results and currently trades at $8.60. Read our full analysis of Icahn Enterprises's results here. Credited with inventing the first hydraulic passenger elevator, Otis Worldwide (NYSE:OTIS) is an elevator and escalator manufacturing, installation and service company. Otis reported revenues of $3.35 billion, down 2.5% year on year. This print was in line with analysts' expectations. More broadly, it was a slower quarter as it recorded a miss of analysts' organic revenue and EBITDA estimates. The stock is down 2.1% since reporting and currently trades at $96.78. Read our full, actionable report on Otis here, it's free. One of the original 12 companies on the Dow Jones Industrial Average, General Electric (NYSE:GE) is a multinational conglomerate providing technologies for various sectors including aviation, power, renewable energy, and healthcare. GE Aerospace reported revenues of $9.94 billion, up 10.9% year on year. This number topped analysts' expectations by 1.7%. It was a very strong quarter as it also produced an impressive beat of analysts' EBITDA estimates. The stock is up 31.8% since reporting and currently trades at $235.10. Read our full, actionable report on GE Aerospace here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
