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Yahoo
22-05-2025
- Business
- Yahoo
Professional Tools and Equipment Stocks Q1 Recap: Benchmarking Hyster-Yale Materials Handling (NYSE:HY)
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at professional tools and equipment stocks, starting with Hyster-Yale Materials Handling (NYSE:HY). Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand. Some professional tools and equipment companies also provide software to accompany measurement or automated machinery, adding a stream of recurring revenues to their businesses. On the other hand, professional tools and equipment companies are 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 9 professional tools and equipment stocks we track reported a slower Q1. As a group, revenues missed analysts' consensus estimates by 0.8%. In light of this news, share prices of the companies have held steady as they are up 2.9% on average since the latest earnings results. Playing a significant role in the development of the hydraulic lift truck, Hyster-Yale (NYSE:HY) designs, manufactures, and sells materials handling equipment to various sectors. Hyster-Yale Materials Handling reported revenues of $910.4 million, down 13.8% year on year. This print fell short of analysts' expectations by 3.9%. Overall, it was a disappointing quarter for the company with a miss of analysts' EBITDA and EPS estimates. Hyster-Yale Materials Handling delivered the slowest revenue growth of the whole group. The market was likely pricing in the results, and the stock is flat since reporting. It currently trades at $40.57. Read our full report on Hyster-Yale Materials Handling here, it's free. Having played a significant role in the construction of the iconic Sydney Opera House, ESAB (NYSE:ESAB) manufactures and sells welding and cutting equipment for numerous industries. ESAB reported revenues of $678.1 million, down 1.7% year on year, outperforming analysts' expectations by 2.2%. The business had a very strong quarter with an impressive beat of analysts' EBITDA estimates. The market seems content with the results as the stock is up 4.5% since reporting. It currently trades at $125.56. Is now the time to buy ESAB? Access our full analysis of the earnings results here, it's free. Founded in 1920, Snap-on (NYSE:SNA) is a global provider of tools, equipment, and diagnostics for various industries such as vehicle repair, aerospace, and the military. Snap-on reported revenues of $1.24 billion, down 3% year on year, falling short of analysts' expectations by 4.1%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates. Snap-on delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 3% since the results and currently trades at $322.12. Read our full analysis of Snap-on's results here. Headquartered in Ohio, Lincoln Electric (NASDAQ:LECO) manufactures and sells welding equipment for various industries. Lincoln Electric reported revenues of $1.00 billion, up 2.4% year on year. This number topped analysts' expectations by 2.9%. More broadly, it was a mixed quarter as it also recorded a narrow beat of analysts' organic revenue estimates but a miss of analysts' EPS estimates. Lincoln Electric achieved the biggest analyst estimates beat among its peers. The stock is up 5.7% since reporting and currently trades at $194.37. Read our full, actionable report on Lincoln Electric here, it's free. Established when Max Hillman purchased a franchise operation, Hillman (NASDAQ:HLMN) designs, manufactures, and sells industrial equipment and systems for various sectors. Hillman reported revenues of $359.3 million, up 2.6% year on year. This result missed analysts' expectations by 0.5%. In spite of that, it was a strong quarter as it logged a solid beat of analysts' adjusted operating income estimates. Hillman delivered the fastest revenue growth but had the weakest full-year guidance update among its peers. The stock is flat since reporting and currently trades at $7.51. Read our full, actionable report on Hillman here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. 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. 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
22-05-2025
- Business
- Yahoo
3 Low-Volatility Stocks Walking a Fine Line
Low-volatility stocks may offer stability, but that often comes at the cost of slower growth and the upside potential of more dynamic companies. Choosing the wrong investments can cause you to fall behind, which is why we started StockStory - to separate the winners from the losers. Keeping that in mind, here are three low-volatility stocks that don't make the cut and some better opportunities instead. Rolling One-Year Beta: 0.79 Founded in 1920, Snap-on (NYSE:SNA) is a global provider of tools, equipment, and diagnostics for various industries such as vehicle repair, aerospace, and the military. Why Do We Think Twice About SNA? Absence of organic revenue growth over the past two years suggests it may have to lean into acquisitions to drive its expansion 6.3 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position Diminishing returns on capital suggest its earlier profit pools are drying up At $322.12 per share, Snap-on trades at 16.1x forward P/E. To fully understand why you should be careful with SNA, check out our full research report (it's free). Rolling One-Year Beta: 0.61 With a network of 161 specialized facilities across 37 states and Puerto Rico, Encompass Health (NYSE:EHC) operates inpatient rehabilitation hospitals that help patients recover from strokes, hip fractures, and other debilitating conditions. Why Is EHC Not Exciting? Expenses have increased as a percentage of revenue over the last two years as its adjusted operating margin fell by 4 percentage points Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 2.2 percentage points Encompass Health's stock price of $119.01 implies a valuation ratio of 24.4x forward P/E. Check out our free in-depth research report to learn more about why EHC doesn't pass our bar. Rolling One-Year Beta: 0.91 With over 2,500 research experts guiding organizations through complex technology landscapes, Gartner (NYSE:IT) provides research, advisory services, and conferences that help executives make better decisions about technology and other business priorities. Why Are We Hesitant About IT? Earnings growth over the last two years fell short of the peer group average as its EPS only increased by 9.3% annually Gartner is trading at $442.91 per share, or 35.7x forward P/E. If you're considering IT for your portfolio, see our FREE research report to learn more. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
Yahoo
21-05-2025
- Business
- Yahoo
Reflecting On Professional Tools and Equipment Stocks' Q1 Earnings: Middleby (NASDAQ:MIDD)
Let's dig into the relative performance of Middleby (NASDAQ:MIDD) and its peers as we unravel the now-completed Q1 professional tools and equipment earnings season. Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand. Some professional tools and equipment companies also provide software to accompany measurement or automated machinery, adding a stream of recurring revenues to their businesses. On the other hand, professional tools and equipment companies are 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 9 professional tools and equipment stocks we track reported a slower Q1. As a group, revenues missed analysts' consensus estimates by 0.8%. Thankfully, share prices of the companies have been resilient as they are up 6.8% on average since the latest earnings results. Holding a Guinness World Record for creating the world's fastest conveyor pizza oven, Middleby (NYSE:MIDD) is a food service and equipment manufacturer. Middleby reported revenues of $906.6 million, down 2.2% year on year. This print fell short of analysts' expectations by 3.7%. Overall, it was a softer quarter for the company with a significant miss of analysts' organic revenue and EBITDA estimates. 'Middleby has a demonstrated track record of operational excellence, strong cash flow generation and disciplined capital investments, which provides the foundation for our attractive capital allocation framework," said Tim FitzGerald, CEO of The Middleby Corporation. Interestingly, the stock is up 9.8% since reporting and currently trades at $148.70. Read our full report on Middleby here, it's free. Having played a significant role in the construction of the iconic Sydney Opera House, ESAB (NYSE:ESAB) manufactures and sells welding and cutting equipment for numerous industries. ESAB reported revenues of $678.1 million, down 1.7% year on year, outperforming analysts' expectations by 2.2%. The business had a very strong quarter with an impressive beat of analysts' EBITDA estimates. The market seems happy with the results as the stock is up 7.3% since reporting. It currently trades at $128.90. Is now the time to buy ESAB? Access our full analysis of the earnings results here, it's free. Founded in 1920, Snap-on (NYSE:SNA) is a global provider of tools, equipment, and diagnostics for various industries such as vehicle repair, aerospace, and the military. Snap-on reported revenues of $1.24 billion, down 3% year on year, falling short of analysts' expectations by 4.1%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates. Snap-on delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 1.6% since the results and currently trades at $326.73. Read our full analysis of Snap-on's results here. With an iconic 'STANLEY' logo which has remained virtually unchanged for over a century, Stanley Black & Decker (NYSE:SWK) is a manufacturer primarily catering to the tool and outdoor equipment industry. Stanley Black & Decker reported revenues of $3.74 billion, down 3.2% year on year. This print beat analysts' expectations by 1.7%. Aside from that, it was a satisfactory quarter as it also recorded an impressive beat of analysts' EPS estimates but a miss of analysts' adjusted operating income estimates. The stock is up 15.8% since reporting and currently trades at $70.85. Read our full, actionable report on Stanley Black & Decker here, it's free. Headquartered in Ohio, Lincoln Electric (NASDAQ:LECO) manufactures and sells welding equipment for various industries. Lincoln Electric reported revenues of $1.00 billion, up 2.4% year on year. This number topped analysts' expectations by 2.9%. Zooming out, it was a mixed quarter as it also logged a narrow beat of analysts' organic revenue estimates but a miss of analysts' EPS estimates. Lincoln Electric achieved the biggest analyst estimates beat among its peers. The stock is up 8.2% since reporting and currently trades at $199.02. Read our full, actionable report on Lincoln Electric here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 6 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
06-05-2025
- Business
- Yahoo
3 S&P 500 Stocks in the Doghouse
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition. Some large-cap stocks are past their peak, and StockStory is here to help you separate the winners from the laggards. Keeping that in mind, here are three S&P 500 stocks to steer clear of and a few alternatives to consider. Market Cap: $16.41 billion Founded in 1920, Snap-on (NYSE:SNA) is a global provider of tools, equipment, and diagnostics for various industries such as vehicle repair, aerospace, and the military. Why Do We Think Twice About SNA? Organic revenue growth fell short of our benchmarks over the past two years and implies it may need to improve its products, pricing, or go-to-market strategy 6.3 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position Eroding returns on capital suggest its historical profit centers are aging Snap-on is trading at $313.76 per share, or 15.6x forward P/E. Dive into our free research report to see why there are better opportunities than SNA. Market Cap: $9.51 billion Primarily offering prescription medicine, health, and beauty products, Walgreens Boots Alliance (NASDAQ:WBA) is a pharmacy chain formed through the 2014 major merger of American company Walgreens and European company Alliance Boots. Why Does WBA Worry Us? Annual sales growth of 2.9% over the last six years lagged behind its consumer retail peers as its large revenue base made it difficult to generate incremental demand Widely-available products (and therefore stiff competition) result in an inferior gross margin of 18% that must be offset through higher volumes 7× net-debt-to-EBITDA ratio makes lenders less willing to extend additional capital, potentially necessitating dilutive equity offerings At $10.99 per share, Walgreens trades at 7.2x forward P/E. If you're considering WBA for your portfolio, see our FREE research report to learn more. Market Cap: $11.15 billion Formerly known as PerkinElmer until its rebranding in 2023, Revvity (NYSE:RVTY) provides health science technologies and services that support the complete workflow from discovery to development and diagnosis to cure. Why Are We Out on RVTY? Core business is underperforming as its organic revenue has disappointed over the past two years, suggesting it might need acquisitions to stimulate growth Day-to-day expenses have swelled relative to revenue over the last five years as its adjusted operating margin fell by 8.8 percentage points Eroding returns on capital suggest its historical profit centers are aging Revvity's stock price of $92.83 implies a valuation ratio of 18x forward P/E. To fully understand why you should be careful with RVTY, check out our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like United Rentals (+322% five-year return). Find your next big winner with StockStory today for free. 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 Wire
30-04-2025
- Business
- Business Wire
Snap-on to Present at Oppenheimer and Bank of America Investor Conferences
KENOSHA, Wis.--(BUSINESS WIRE)--Snap-on Incorporated (NYSE: SNA) is scheduled to present at two upcoming investor conferences: The Oppenheimer Industrial Growth Conference The Bank of America Industrials, Transportation and Airlines Key Leaders Conference 2025 on Tuesday, May 13, 2025, at 2:10 p.m. Eastern. Links to the live audio webcasts of both presentations are available on the Investor Events page of the Snap-on website at Following each webcast, an archived replay will be available in the same location for approximately 90 days. About Snap-on Snap-on Incorporated is a leading global innovator, manufacturer, and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks including those working in vehicle repair, aerospace, the military, natural resources, and manufacturing. From its founding in 1920, Snap-on has been recognized as the mark of the serious and the outward sign of the pride and dignity working men and women take in their professions. Products and services are sold through the company's network of widely recognized franchisee vans, as well as through direct and distributor channels, under a variety of notable brands. The company also provides financing programs to facilitate the sales of its products and to support its franchise business. Snap-on, an S&P 500 company, generated sales of $4.7 billion in 2024, and is headquartered in Kenosha, Wisconsin.
