Group 1 - U.S. stock futures are higher, with Dow futures gaining over 100 points [1] - Concentrix Corporation reported quarterly earnings of $2.70 per share, missing the analyst consensus estimate of $2.75, while quarterly revenue was $2.42 billion, exceeding the Street estimate of $2.38 billion [1] - Concentrix shares fell 8% to $50.70 in pre-market trading [1] Group 2 - CorMedix Inc. declined 14.2% to $12.83 after announcing an $85 million public offering [4] - Critical Metals Corp. fell 14.2% to $3.14 after a previous surge of over 32% [4] - AdaptHealth Corp. decreased 8.6% to $8.61 after gaining around 5% on the previous day [4] - USA Rare Earth, Inc. declined 8.4% to $11.65 [4] - Gold Fields Limited fell 5.1% to $22.60 [4] - OMS Energy Technologies Inc. decreased 4.6% to $6.80 [4]

Core Viewpoint - Ralliant Corp, a spin-off from Fortive Corp, is set to commence trading on the NYSE, allowing Fortive to focus on high-growth segments while Ralliant can allocate resources more efficiently towards its capital-intensive Precision Technologies business [2][3][4]. Company Overview - Ralliant Corp will include the Precision Technologies business, operating through two segments: Test and Measurement (56% of total sales) and Sensors and Safety Systems (44% of total sales) [10]. - Fortive (ex Ralliant) will retain its Intelligent Operating Solutions (IOS) and Advanced Healthcare Solutions (AHS) segments, which generate nearly 50% recurring revenue [5][6]. Financial Structure - Fortive will receive a $1.15 billion dividend from Ralliant, with $700 million allocated for debt repayment and the remainder for share buybacks [4][9]. - Ralliant will issue new debt of $1.15 billion to fund the cash distribution to Fortive, resulting in a pro forma cash position of $150 million and a net debt of $1.0 billion [11]. Revenue and Growth Projections - Fortive (ex Ralliant) is projected to achieve $4 billion in revenues with 29% adjusted EBITDA margins and a revenue growth of 3.6% in FY25 [6][12]. - Ralliant Corp is expected to deliver revenue growth of 3.5% in FY25 and 4.0% in FY26, with adjusted EBITDA margins of 23.7% in FY25 [13]. Valuation - Fortive (ex Ralliant) is valued using an EV/EBITDA multiple, with a 12-month price target of $62.70 based on its higher margin profile and reducing debt [16]. - Ralliant Corp is valued at a lower multiple of 12.4x 2026E adjusted EBITDA, with a 12-month price target of $52.40, reflecting its lower growth and margin profile [17].

Constellation Brands, Inc. STZ will release earnings results for the first quarter after the closing bell on Tuesday, July 1.Analysts expect the company to report quarterly earnings at $3.29 per share, down from $3.57 per share in the year-ago period. Constellation Brands projects to report quarterly revenue at $2.56 billion, compared to $2.66 billion a year earlier, according to data from Benzinga Pro.On Thursday, Barclays analyst Lauren Lieberman maintained a Constellation Brands rating of Overweight and ...

Company Insights - Marathon Petroleum Corporation (MPC) reported first-quarter total revenues and other income of $31.85 billion, exceeding the consensus estimate of $29.58 billion [1] - The adjusted EPS loss for Marathon Petroleum was $(0.24), an improvement from $(2.58) a year earlier, and better than the analyst consensus estimate of $(0.53) [1] - Aurora Innovation posted a first-quarter GAAP loss of 12 cents per share, which was in line with estimates [2] - QXO, Inc. proposed to acquire GMS for $95.20 per share in cash [2] - Toast (TOST) received a Buy rating from Truist Securities analyst Matthew Coad, with a price target of $48 [3] Stock Performance - Marathon Petroleum shares increased by 1.1% to settle at $167.52 [6] - Aurora Innovation shares rose by 2.1% to close at $5.40 [6] - QXO shares gained 1.4% to settle at $24.12 [6] - Toast shares experienced a 2.4% increase, closing at $42.49 [6]

Core Insights - Meta Platforms Inc. experienced a significant trading signal known as Power Inflow, indicating a potential uptrend in its stock price at $240.74, which is seen as a bullish sign for traders [1][5]. Group 1: Trading Signals - The Power Inflow occurred within the first two hours of market open, suggesting the overall direction of the stock for the remainder of the day, driven by institutional activity [3]. - The price at the time of the Power Inflow was $715.88, with subsequent returns of 1.7% and 1.4% on the high price ($728.18) and close price ($726.09) respectively, highlighting the importance of a structured trading plan [7]. Group 2: Order Flow Analytics - Order flow analytics, which involves analyzing the flow of buy and sell orders, helps traders gain insights into market conditions and make informed trading decisions [2][4]. - This particular indicator is interpreted as a bullish signal by active traders, emphasizing the significance of understanding market flow [2].

Earnings Report - MSC Industrial Direct Co., Inc. is set to release its third-quarter earnings results on July 1, with expected earnings of $1.03 per share, a decrease from $1.33 per share in the same period last year [1] - The company projects quarterly revenue of $969.19 million, down from $979.35 million a year earlier [1] Recent Performance - In the second quarter, net sales declined by 4.7% year-over-year to $891.7 million, missing the consensus estimate of $899.54 million [2] - Following the earnings report, MSC Industrial Direct shares increased by 3.5%, closing at $84.77 [2] Analyst Ratings - Loop Capital analyst Chris Dankert maintained a Hold rating and reduced the price target from $83 to $74 [4] - Baird analyst David Manthey kept a Neutral rating and lowered the price target from $90 to $84 [4] - Stephens & Co. analyst Tommy Moll downgraded the stock from Overweight to Equal-Weight with a price target of $85 [4] - Keybanc analyst Ken Newman downgraded the stock from Overweight to Sector Weight [4]

Earnings Results - Greenbrier Companies, Inc. is set to release its third-quarter earnings results on July 1, with analysts expecting earnings of 99 cents per share, a decrease from $1.06 per share in the same period last year [1] - The projected quarterly revenue is $785.72 million, down from $820.2 million a year earlier [1] Board of Directors - On June 23, Greenbrier elected Stevan Bobb and Jeffrey Songer to its Board of Directors [2] - Following this announcement, Greenbrier shares increased by 2.2%, closing at $46.25 [2] Analyst Ratings - Susquehanna analyst Bascome Majors maintained a Positive rating but reduced the price target from $75 to $52 [4] - B of A Securities analyst Ken Hoexter kept an Underperform rating and raised the price target from $60 to $62 [4] - Stephens & Co. analyst Justin Long maintained an Overweight rating and increased the price target from $62 to $65 [4]

Group 1 - Progress Software Corporation is set to release its second-quarter earnings results on June 30, with analysts expecting earnings of $1.30 per share, an increase from $1.09 per share in the same period last year [1] - The company is projected to report quarterly revenue of $237.23 million, compared to $175.08 million a year earlier [1] - In the first quarter, Progress Software reported better-than-expected financial results, leading to a 0.3% increase in share price, closing at $63.75 [2] Group 2 - DA Davidson analyst maintained a Buy rating but reduced the price target from $75 to $70 [4] - Guggenheim analyst reiterated a Buy rating with a price target of $83 [4] - Wedbush analyst maintained an Outperform rating with a price target of $75 [4] - Citigroup analyst maintained a Neutral rating and increased the price target from $65 to $68 [4] - Jefferies analyst maintained a Hold rating and raised the price target from $65 to $70 [4]

Constellation Brands, Inc. STZ will release earnings results for the first quarter, after the closing bell on Tuesday, July 1.Analysts expect the Rochester, New York-based company to report quarterly earnings at $3.29 per share, down from $3.57 per share in the year-ago period. Constellation Brands projects to report quarterly revenue at $2.56 billion, compared to $2.66 billion a year earlier, according to data from Benzinga Pro.On June 2, Constellation Brands announced delivery of notices of redemption for ...

Core Insights - Concentrix Corp. reported second-quarter earnings of $2.70 per share, missing the analyst consensus estimate of $2.75, while quarterly revenue was $2.42 billion, exceeding the Street estimate of $2.38 billion [1][4] Financial Performance - The company experienced mid-quarter volatility but continued to outperform expectations on revenue growth [2] - Concentrix narrowed its fiscal 2025 adjusted EPS guidance to between $11.53 and $11.76, compared to the previous range of $11.18 to $11.77 and the analyst estimate of $11.54 [3] - The fiscal 2025 revenue outlook was raised from a range of $9.49 billion to $9.63 billion to a new range of $9.72 billion to $9.81 billion, surpassing the $9.61 billion estimate [4] Future Outlook - The CEO indicated an accelerated pace of activity with both existing and new clients, along with improving margins [3] - Investments in AI are expected to be accretive to the business by year-end as planned [3]