Latest news with #NigelCoe
Yahoo
11-07-2025
- Business
- Yahoo
Graco (GGG) Earns Outperform Rating from Wolfe Amid Mixed Market Signals
Graco Inc. (NYSE:GGG) is one of the. On June 18, Nigel Coe, an analyst at Wolfe Research, reaffirmed his Outperform rating on Graco Inc. (NYSE:GGG). The rating continuation comes at a time where Graco continues to manage market conditions in its contractor and industrial markets. Despite conflicting economic signals in some of its end markets, Graco's first-quarter 2025 results, which were released in April, showed stability in performance across all of its business divisions. The company raked in $528 million in revenue, slightly higher than the $526.95 million that was expected. Furthermore, in an effort to improve operational efficiency, Graco Inc. (NYSE:GGG) has announced plans to relocate its operations in Minnesota from its Riverside Minneapolis location to campuses in Rogers, Dayton, and Anoka. Graco Inc. (NYSE:GGG) is a global manufacturer that specializes in coating and fluid management systems, and serves the manufacturing, construction, and maintenance sectors. The company produces and markets machinery for transporting, combining, and spraying complex substances. While we acknowledge the potential of GGG 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 More: and Disclosure: None. Sign in to access your portfolio
Business Insider
11-07-2025
- Business
- Business Insider
Wolfe Research Sticks to Their Buy Rating for Vertiv Holdings (VRT)
Wolfe Research analyst Nigel Coe reiterated a Buy rating on Vertiv Holdings today and set a price target of $155.00. The company's shares closed today at $120.72. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Coe is a 4-star analyst with an average return of 8.1% and a 54.72% success rate. Coe covers the Industrials sector, focusing on stocks such as Graco, Stanley Black & Decker, and Vertiv Holdings. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vertiv Holdings with a $125.27 average price target, representing a 3.77% upside. In a report released today, Morgan Stanley also maintained a Buy rating on the stock with a $125.00 price target. Based on Vertiv Holdings' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.04 billion and a net profit of $164.5 million. In comparison, last year the company earned a revenue of $1.64 billion and had a GAAP net loss of $5.9 million Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VRT in relation to earlier this year. Last month, Stephen Liang, the CTO & EVP of VRT sold 43,683.00 shares for a total of $5,060,017.73.
Yahoo
10-07-2025
- Business
- Yahoo
Stanley Black & Decker's Quarterly Earnings Preview: What You Need to Know
With a market cap of $10.7 billion, Stanley Black & Decker, Inc. (SWK) is a global manufacturer of tools, outdoor equipment, and industrial solutions. Known for iconic brands like DeWalt, Black+Decker, Craftsman, and Stanley, New Britain, Connecticut-headquartered company operates in over 60 countries and serves both consumer and industrial markets. SWK is all geared to post its fiscal 2025 Q2 earnings on Tuesday, July 29, before the market opens. Ahead of the event, analysts expect SWK to report a profit of $0.40 per share, down 63.3% from $1.09 per share reported in the year-ago quarter. However, it has exceeded analysts' earnings estimates in all of the past four quarters, which is impressive. 2 ETFs Offering Juicy Dividend Yields of 20% or Higher Nvidia Scores Another Sovereign AI Win. How Should You Play NVDA Stock Here? Dear Amazon Stock Fans, Mark Your Calendars for July 8 Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For the current year, analysts expect SWK to report EPS of $4.56, up 4.6% from $4.36 in fiscal 2024. Looking ahead, analysts expect its earnings to surge 23.5% year-over-year to $5.63 per share in fiscal 2026. Over the past year, SWK shares have plunged 11.8%, significantly underperforming the S&P 500 Index's ($SPX) 11.7% gains and the Industrial Select Sector SPDR Fund's (XLI) 22.7% surge over the same time frame. On Jul. 8, shares of Stanley Black & Decker jumped 3.4% after Wolfe Research upgraded the stock from 'Underperform' to 'Peer-Perform.' While the upgrade wasn't accompanied by a price target, analyst Nigel Coe noted that demand for Stanley's products appears to be at or near a trough, suggesting a potential rebound, especially if the Federal Reserve cuts interest rates. Moreover, analysts remain moderately bullish about SWK stock's future prospects, with a "Moderate Buy" rating overall. Among the 16 analysts covering the stock, seven recommend a 'Strong Buy,' seven suggest a 'Hold,' and two suggest a 'Strong Sell.' SWK's mean price of $82.77 implies a premium of 15.5% from its prevailing price level. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
10-07-2025
- Business
- Yahoo
Why Stanley Black & Decker Stock Popped Today
Wolfe Research analyst Nigel Coe upgraded Stanley stock this morning. After two years of declining sales, Coe thinks the stock looks "troughy." Stanley stock offers investors a cheap valuation and a strong dividend yield. 10 stocks we like better than Stanley Black & Decker › Shares of Stanley Black & Decker (NYSE: SWK) stock closed 3.4% higher on Tuesday after Wolfe Research analyst Nigel Coe removed his "underperform" (i.e., sell) rating from the stock, and upgraded shares of the toolmaker stock to peer perform (i.e., neutral). This wasn't exactly a full-throated howl of endorsement. Wolfe's analyst didn't feel sufficiently confident in his upgrade to hang a specific price target on the stock, for example. Still, in a note covered today on The Fly, Coe mused that markets for Stanley's products look "troughy." That's not really a word, but it should be. What Coe means by it is that demand for tools is probably near bottom now (i.e., at a trough), and should rebound, especially if the Federal Reserve ever gets around to cutting interest rates (as he thinks will happen). Stanley's currently working its way through its third straight year of declining sales, so Coe's at the very least directionally right about where sales are trending -- whether they've reached their absolute bottom, or "trough." For what it's worth, most analysts agree the company will grow earnings this year, and keep growing for at least another couple of years. Long term growth rate projections are a respectable 11%, annualized. That may not sound like much, given the stock is trading for nearly 30 times earnings today. However, Stanley's free cash flow is very strong -- $765 million over the past year, or twice reported generally accepted accounting principles (GAAP) earnings. At a 14x FCF valuation, and paying a very nice 4.7% dividend yield, Stanley looks plenty cheap to me. Whether or not it's at its absolute trough price today, I think the stock should perform well from here. Before you buy stock in Stanley Black & Decker, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Stanley Black & Decker wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $695,481!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $969,935!* Now, it's worth noting Stock Advisor's total average return is 1,053% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Stanley Black & Decker Stock Popped Today was originally published by The Motley Fool Sign in to access your portfolio
CNBC
13-06-2025
- Business
- CNBC
Stocks making the biggest moves premarket: Chevron, United Airlines, Northrop Grumman, RH and more
Check out the companies making headlines in premarket trading. Oil stocks — Energy stocks climbed in premarket trading amid a jump in oil prices after Israel launched airstrikes against Iran without U.S. support, drawing concerns over the supply outlook from the oil-rich Persian Gulf. Chevron rallied nearly 3%, while ConocoPhillips gained more than 4%. EOG Resources jumped more than 3%. Gold stocks — Stocks tied to gold advanced as investors flocked to the perceived safe haven amid the geopolitical escalation. Newmont and SSR Mining both rose more than 1%, as did the VanEck Gold Miners ETF (GDX) . Defense stocks — Weapons manufacturers rose amid elevated geopolitical risk following Israel's attack on Iran. RTX and Northrop Grumman both surged more than 4%, Lockheed Martin gained 3.5% and L3Harris Technologies added 2.2%. Cruise lines and airlines — Travel companies slid as investors worried that heightened risk would deter vacationers and spikes in oil prices would hurt profit. Carnival fell more than 4%, Norwegian Cruise Line and Royal Caribbean Cruises dropped more than 3% each. United Airlines weakened more than 5% while Delta Air Lines and American Airlines each declined more than 4%. Southwest Airlines shed more than 2%. Hotel stocks — Hotel and resort stocks declined as traders weighed the outlook for diminished travel demand following Israel's strike on Iran. Hilton Worldwide and InterContinental Hotels Group slipped more than 2% apiece, while Marriott pulled back nearly 2%. RH — The home furnishings retailer jumped 19% after posting a surprise adjusted profit in its fiscal first-quarter. RH earned an adjusted 13 cents per share, while analysts surveyed by LSEG expected a loss of 9 cents per share. Net income of $8 million reversed a year-earlier loss of $3.6 million, but revenue trailed Street estimates. RH shares were down more than 50% year to date ahead of the report. DraftKings — Shares of the sports betting app lost nearly 3% after imposing a 50-cent transaction fee in Illinois starting in September after state lawmakers passed a budget including what one analyst described as a surprise increase in an online gambling tax . Adobe — Shares fell more than 3% after the graphic design software company posted better-than-expected second-quarter earnings. StreetAccount cited concern over a "slight deceleration in Subscription and cRPO growth rates [and] implied Q4 growth outlook." In the latest quarter, Adobe earned an adjusted $5.06 per share on $5.87 billion in revenue, above the $4.96 per share and $5.79 billion in revenue analysts surveyed by LSEG were expecting. Adobe also lifted its full-year guidance. GE Vernova — The turbine manufacturer slipped nearly 3% on the heels of a downgrade to peer perform from outperform at Wolfe Research. Analyst Nigel Coe cited concern over GE Vernova's "challenging valuation" after a more than 48% gain for the stock in 2025. — CNBC's Yun Li, Jesse Pound, Sean Conlon and Brian Evans contributed reporting
