Latest news with #MSCIndustrial
Yahoo
27-05-2025
- Business
- Yahoo
MSC Industrial, Byrna, American Superconductor, NN, and United Airlines 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 +1.5%) 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: Maintenance and Repair Distributors company MSC Industrial (NYSE:MSM) jumped 5.6%. Is now the time to buy MSC Industrial? Access our full analysis report here, it's free. Law Enforcement Suppliers company Byrna (NASDAQ:BYRN) jumped 5.9%. Is now the time to buy Byrna? Access our full analysis report here, it's free. Renewable Energy company American Superconductor (NASDAQ:AMSC) jumped 6%. Is now the time to buy American Superconductor? Access our full analysis report here, it's free. Engineered Components and Systems company NN (NASDAQ:NNBR) jumped 7%. Is now the time to buy NN? Access our full analysis report here, it's free. Travel and Vacation Providers company United Airlines (NASDAQ:UAL) jumped 5.9%. Is now the time to buy United Airlines? Access our full analysis report here, it's free. NN's shares are extremely volatile and have had 55 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 biggest move we wrote about over the last year was 4 months ago when the stock gained 20.2% as the company reported impressive preliminary guidance, with full-year 2024 new business wins expected to exceed the high end of its previous guidance. Management added, "We will continue this pace of new business acquisition into 2025 and 2026 and have a $720 million pipeline to support it. 2025 is off to a great start with the simultaneous launch of fifty [50] new programs during the first quarter." NN is down 34% since the beginning of the year, and at $2.09 per share, it is trading 50.9% below its 52-week high of $4.25 from December 2024. Investors who bought $1,000 worth of NN's shares 5 years ago would now be looking at an investment worth $434.37. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Yahoo
28-04-2025
- Business
- Yahoo
Global Industrial (GIC) Q1 Earnings: What To Expect
Industrial and commercial distributor Global Industrial (NYSE:GIC) will be announcing earnings results tomorrow after market hours. Here's what investors should know. Global Industrial missed analysts' revenue expectations by 1.2% last quarter, reporting revenues of $302.3 million, down 5.6% year on year. It was a slower quarter for the company, with a miss of analysts' EPS estimates. Is Global Industrial a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Global Industrial's revenue to decline 5.1% year on year to $307 million, a reversal from the 18.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.20 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Global Industrial has missed Wall Street's revenue estimates four times over the last two years. Looking at Global Industrial's peers in the industrial distributors segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Fastenal delivered year-on-year revenue growth of 3.4%, meeting analysts' expectations, and MSC Industrial reported a revenue decline of 4.7%, falling short of estimates by 0.8%. Fastenal traded up 7.3% following the results while MSC Industrial was down 10.3%. Read our full analysis of Fastenal's results here and MSC Industrial's results here. Investors in the industrial distributors segment have had fairly steady hands going into earnings, with share prices down 1.4% on average over the last month. Global Industrial is down 1.3% during the same time and is heading into earnings with an average analyst price target of $38 (compared to the current share price of $22.12). 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
10-04-2025
- Business
- Yahoo
Fastenal (FAST) To Report Earnings Tomorrow: Here Is What To Expect
Industrial supplier Fastenal (NASDAQ:FAST) will be announcing earnings results tomorrow morning. Here's what to look for. Fastenal missed analysts' revenue expectations by 1% last quarter, reporting revenues of $1.82 billion, up 3.7% year on year. It was a slower quarter for the company, with a significant miss of analysts' adjusted operating income estimates. Is Fastenal a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Fastenal's revenue to grow 3.3% year on year to $1.96 billion, improving from the 1.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.52 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Looking at Fastenal's peers in the industrial distributors segment, some have already reported their Q1 results, giving us a hint as to what we can expect. MSC Industrial's revenues decreased 4.7% year on year, missing analysts' expectations by 0.8%, and Richardson Electronics reported revenues up 2.7%, falling short of estimates by 1.7%. MSC Industrial traded down 10.3% following the results. Read our full analysis of MSC Industrial's results here and Richardson Electronics's results 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. Sign in to access your portfolio
Yahoo
08-04-2025
- Business
- Yahoo
Richardson Electronics (RELL) To Report Earnings Tomorrow: Here Is What To Expect
Electronics distributor Richardson Electronics (NASDAQ:RELL) will be reporting earnings tomorrow after market hours. Here's what investors should know. Richardson Electronics missed analysts' revenue expectations by 3.5% last quarter, reporting revenues of $49.49 million, up 12.1% year on year. It was a disappointing quarter for the company, with a significant miss of analysts' EBITDA and EPS estimates. Is Richardson Electronics a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Richardson Electronics's revenue to grow 8.6% year on year to $56.9 million, a reversal from the 25.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.11 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Richardson Electronics has missed Wall Street's revenue estimates five times over the last two years. Looking at Richardson Electronics's peers in the industrial distributors segment, only MSC Industrial has reported results so far. It missed analysts' revenue estimates by 0.8%, posting year-on-year sales declines of 4.7%. The stock was down 10.3% on the results. Read our full analysis of MSC Industrial's earnings results a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. Sign in to access your portfolio
Yahoo
08-04-2025
- Business
- Yahoo
Distribution Solutions (NASDAQ:DSGR) Q4 Earnings: Leading The Maintenance and Repair Distributors Pack
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how maintenance and repair distributors stocks fared in Q4, starting with Distribution Solutions (NASDAQ:DSGR). Supply chain and inventory management are themes that grew in focus after COVID wreaked havoc on the global movement of raw materials and components. Maintenance and repair distributors that boast reliable selection and quickly deliver products to customers can benefit from this theme. While e-commerce hasn't disrupted industrial distribution as much as consumer retail, it is still a real threat, forcing investment in omnichannel capabilities to serve customers everywhere. Additionally, maintenance and repair distributors are at the whim of economic cycles that impact the capital spending and construction projects that can juice demand. The 9 maintenance and repair distributors stocks we track reported a mixed Q4. As a group, revenues were in line with analysts' consensus estimates. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 9% since the latest earnings results. Founded in 1952, Distribution Solutions (NASDAQ:DSGR) provides supply chain solutions and distributes industrial, safety, and maintenance products to various industries. Distribution Solutions reported revenues of $480.5 million, up 18.6% year on year. This print exceeded analysts' expectations by 3.6%. Overall, it was a strong quarter for the company with an impressive beat of analysts' EPS estimates. The stock is down 4.2% since reporting and currently trades at $26.62. Read why we think that Distribution Solutions is one of the best maintenance and repair distributors stocks, our full report is free. Founded in NYC's Little Italy, MSC Industrial Direct (NYSE:MSM) provides industrial supplies and equipment, offering vast and reliable selection for customers such as contractors MSC Industrial reported revenues of $891.7 million, down 4.7% year on year, falling short of analysts' expectations by 0.8%. The business performed better than its peers, but it was unfortunately a mixed quarter with a solid beat of analysts' EBITDA estimates but a slight miss of analysts' organic revenue estimates. The stock is down 6.7% since reporting. It currently trades at $74. Is now the time to buy MSC Industrial? Access our full analysis of the earnings results here, it's free. Serving the pharmaceutical, industrial manufacturing, energy, and chemical process industries, Transcat (NASDAQ:TRNS) provides measurement instruments and supplies. Transcat reported revenues of $66.75 million, up 2.4% year on year, falling short of analysts' expectations by 5%. It was a disappointing quarter as it posted a significant miss of analysts' EBITDA and EPS estimates. Transcat delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 19.6% since the results and currently trades at $80. Read our full analysis of Transcat's results here. With roots dating back to 1959 and a strategic focus on extending the life of transportation assets, VSE Corporation (NASDAQ:VSEC) provides aftermarket parts distribution and maintenance, repair, and overhaul services for aircraft and vehicle fleets in commercial and government markets. VSE Corporation reported revenues of $299 million, up 27.1% year on year. This result beat analysts' expectations by 1.8%. Overall, it was a stunning quarter as it also put up a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. VSE Corporation scored the fastest revenue growth among its peers. The stock is up 10.3% since reporting and currently trades at $111.37. Read our full, actionable report on VSE Corporation here, it's free. Founded in 1967, Fastenal (NASDAQ:FAST) provides industrial and construction supplies, including fasteners, tools, safety products, and many other product categories to businesses globally. Fastenal reported revenues of $1.82 billion, up 3.7% year on year. This number lagged analysts' expectations by 1%. It was a slower quarter as it also produced a significant miss of analysts' adjusted operating income estimates. The stock is down 2.1% since reporting and currently trades at $73.20. Read our full, actionable report on Fastenal 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 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. Sign in to access your portfolio
