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What Makes ITT (ITT) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-08-05 17:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Group 1: Momentum Style Score - ITT currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The Zacks Rank for ITT is 2 (Buy), suggesting a favorable outlook for the stock [3] - Stocks rated Zacks Rank 1 (Strong Buy) and 2 (Buy) with Style Scores of "A or B" tend to outperform the market over the following month [3] Group 2: Price Performance - ITT shares have increased by 1.57% over the past week, while the Zacks Diversified Operations industry has decreased by 3.45% [5] - Over the past month, ITT's price change is 5.11%, outperforming the industry's 1.56% [5] - In the last quarter, ITT shares rose by 11.73%, and over the past year, they increased by 33.5%, compared to the S&P 500's 11.71% and 19.86% respectively [6] Group 3: Trading Volume - ITT's average 20-day trading volume is 437,079 shares, which serves as a bullish indicator when combined with rising stock prices [7] Group 4: Earnings Outlook - In the past two months, three earnings estimates for ITT have been revised upwards, increasing the consensus estimate from $6.37 to $6.46 [9] - For the next fiscal year, four estimates have moved higher with no downward revisions [9] Group 5: Conclusion - Given the strong momentum indicators and positive earnings outlook, ITT is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [11]
IAC (IAC) Q2 Earnings Beat Estimates
ZACKS· 2025-08-04 22:26
Group 1: Earnings Performance - IAC reported quarterly earnings of $2.57 per share, significantly beating the Zacks Consensus Estimate of a loss of $0.3 per share, representing an earnings surprise of +956.67% [1] - The company posted revenues of $586.93 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 2.53%, and down from $949.53 million year-over-year [2] Group 2: Market Performance - IAC shares have declined approximately 10% since the beginning of the year, contrasting with the S&P 500's gain of 6.1% [3] - The current Zacks Rank for IAC is 4 (Sell), indicating expectations of underperformance in the near future [6] Group 3: Future Outlook - The consensus EPS estimate for the upcoming quarter is breakeven on revenues of $615.9 million, while for the current fiscal year, it is -$2.47 on revenues of $2.48 billion [7] - The outlook for the industry, specifically the Diversified Operations sector, is currently in the top 21% of Zacks industries, suggesting potential positive impacts on stock performance [8]
Are You Looking for a Top Momentum Pick? Why Federal Signal (FSS) is a Great Choice
ZACKS· 2025-08-01 17:00
Company Overview - Federal Signal (FSS) currently holds a Momentum Style Score of B, indicating a positive momentum outlook [3] - The company is involved in manufacturing products such as street sweepers and toll booth technology for government, industrial, and commercial customers [4] Performance Metrics - FSS shares have increased by 41.28% over the past quarter and 30.39% over the last year, significantly outperforming the S&P 500, which moved 14.12% and 16.19% respectively during the same periods [7] - Over the past week, FSS shares are up 0.5%, matching the performance of the Zacks Diversified Operations industry [6] Trading Volume - The average 20-day trading volume for FSS is 825,709 shares, which is a useful indicator of market interest and can signal bullish or bearish trends [8] Earnings Outlook - In the last two months, four earnings estimates for FSS have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $3.83 to $3.96 [10] - For the next fiscal year, four estimates have also moved upwards without any downward revisions [10] Investment Recommendation - Given the strong performance metrics and positive earnings outlook, FSS is rated as a 1 (Strong Buy) stock, making it a compelling option for investors seeking momentum picks [12]
Are Conglomerates Stocks Lagging Mitsubishi (MSBHF) This Year?
ZACKS· 2025-07-31 14:40
Group 1 - Mitsubishi Corp. is one of 16 companies in the Conglomerates group and currently ranks 5 within the Zacks Sector Rank [2] - The Zacks Rank system emphasizes earnings estimates and revisions, with Mitsubishi Corp. holding a Zacks Rank of 1 (Strong Buy) [3] - The Zacks Consensus Estimate for Mitsubishi Corp.'s full-year earnings has increased by 7.1% in the past quarter, indicating improved analyst sentiment [4] Group 2 - Mitsubishi Corp. has returned 24% year-to-date, significantly outperforming the average gain of 1.7% for Conglomerates stocks [4] - Another Conglomerates stock, Swire Pacific, has returned 2.4% year-to-date and has a Zacks Rank of 2 (Buy) [5] - Both Mitsubishi Corp. and Swire Pacific belong to the Diversified Operations industry, which includes 16 companies and currently ranks 88 in the Zacks Industry Rank [6]
ITT (ITT) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-31 12:45
Group 1: Earnings Performance - ITT reported quarterly earnings of $1.64 per share, exceeding the Zacks Consensus Estimate of $1.62 per share, and up from $1.49 per share a year ago [1] - The earnings surprise for the quarter was +1.23%, following a previous surprise of +0.69% with earnings of $1.45 per share against an expectation of $1.44 [2] - Over the last four quarters, ITT has consistently surpassed consensus EPS estimates [2] Group 2: Revenue Performance - ITT's revenues for the quarter ended June 2025 were $972.4 million, surpassing the Zacks Consensus Estimate by 2.70% and up from $905.9 million year-over-year [3] - The company has exceeded consensus revenue estimates three times in the last four quarters [3] Group 3: Stock Performance and Outlook - ITT shares have increased approximately 11.7% since the beginning of the year, outperforming the S&P 500's gain of 8.2% [4] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $1.65 for the coming quarter and $6.43 for the current fiscal year [5][8] - The Zacks Rank for ITT is currently 2 (Buy), indicating expectations for the stock to outperform the market in the near future [7] Group 4: Industry Context - The Diversified Operations industry, to which ITT belongs, is currently ranked in the top 36% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [9] - Research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [9]
Markel Group (MKL) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-31 00:45
Core Viewpoint - Markel Group reported quarterly earnings of $25.46 per share, exceeding the Zacks Consensus Estimate of $24.74 per share, but down from $25.95 per share a year ago, indicating a +2.91% earnings surprise [1] Financial Performance - The company posted revenues of $4.02 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.77%, compared to $3.83 billion in the same quarter last year [2] - Over the last four quarters, Markel Group has surpassed consensus EPS estimates three times and topped consensus revenue estimates once [2] Stock Performance - Markel Group shares have increased approximately 16.9% since the beginning of the year, outperforming the S&P 500's gain of 8.3% [3] Future Outlook - The company's earnings outlook will be crucial for assessing future stock performance, including current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is $23.28 on revenues of $3.88 billion, and for the current fiscal year, it is $96.85 on revenues of $15.21 billion [7] Industry Context - The Diversified Operations industry, to which Markel Group belongs, is currently ranked in the top 30% of over 250 Zacks industries, indicating a favorable outlook [8]
Carlisle (CSL) Lags Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-30 22:51
Company Performance - Carlisle reported quarterly earnings of $6.27 per share, missing the Zacks Consensus Estimate of $6.67 per share, but showing a slight increase from $6.24 per share a year ago, resulting in an earnings surprise of -6.00% [1] - The company posted revenues of $1.45 billion for the quarter ended June 2025, which was 3.2% below the Zacks Consensus Estimate, and remained unchanged compared to the previous year [2] - Over the last four quarters, Carlisle has surpassed consensus EPS estimates two times, but has not beaten consensus revenue estimates [2] Stock Performance and Outlook - Carlisle shares have increased approximately 15% since the beginning of the year, outperforming the S&P 500's gain of 8.3% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The current consensus EPS estimate for the upcoming quarter is $6.61 on revenues of $1.42 billion, and for the current fiscal year, it is $22.22 on revenues of $5.23 billion [7] Industry Context - The Diversified Operations industry, to which Carlisle belongs, is currently ranked in the top 30% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - The performance of Carlisle's stock may also be influenced by the overall industry outlook, as empirical research shows a strong correlation between near-term stock movements and earnings estimate revisions [5][8]
Federal Signal (FSS) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2025-07-30 14:15
Core Viewpoint - Federal Signal (FSS) reported quarterly earnings of $1.17 per share, exceeding the Zacks Consensus Estimate of $1.06 per share, and up from $0.95 per share a year ago [1][2] Earnings Performance - The earnings surprise for the quarter was +10.38%, with the company also surpassing earnings expectations in the previous quarter by +4.11% [2] - Over the last four quarters, Federal Signal has consistently exceeded consensus EPS estimates [2] Revenue Performance - The company posted revenues of $564.6 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.96%, compared to $490.4 million in the same quarter last year [3] - Federal Signal has topped consensus revenue estimates only once in the last four quarters [3] Stock Performance - Federal Signal shares have increased approximately 13.5% since the beginning of the year, outperforming the S&P 500's gain of 8.3% [4] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $1.03 for the coming quarter and $3.83 for the current fiscal year [5][8] - The Zacks Rank for Federal Signal is currently 2 (Buy), indicating expected outperformance in the near future [7] Industry Context - The Diversified Operations industry, to which Federal Signal belongs, is currently in the top 30% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [9]
Griffon (GFF) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2025-07-25 23:16
Company Performance - Griffon (GFF) ended the recent trading session at $82.65, demonstrating a +1.37% change from the preceding day's closing price, outperforming the S&P 500 which registered a daily gain of 0.4% [1] - Shares of Griffon had gained 13.36% over the past month, significantly outpacing the Conglomerates sector's gain of 0.51% and the S&P 500's gain of 4.61% [1] Earnings Projections - The company's earnings per share (EPS) are projected to be $1.5, reflecting a 20.97% increase from the same quarter last year, with quarterly revenue expected to be $660.03 million, up 1.89% from the year-ago period [2] - For the full year, the Zacks Consensus Estimates project earnings of $5.7 per share and revenue of $2.57 billion, representing changes of +11.33% and -1.88%, respectively, from the prior year [3] Analyst Estimates and Valuation - Recent changes to analyst estimates for Griffon are important as they signify the changing landscape of near-term business trends, with positive estimate revisions indicating optimism about the business outlook [3] - Griffon currently features a Zacks Rank of 4 (Sell), with a Forward P/E ratio of 14.3, which is a discount compared to the average Forward P/E of 18.99 of its industry [5] - The PEG ratio for Griffon is currently 0.89, compared to the average PEG ratio of 2.01 for the Diversified Operations industry [6] Industry Context - The Diversified Operations industry, part of the Conglomerates sector, currently has a Zacks Industry Rank of 74, placing it in the top 30% of all 250+ industries [6] - The strength of individual industry groups is measured by the Zacks Industry Rank, with top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]
ITT (ITT) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-07-24 15:08
Company Overview - ITT is expected to report quarterly earnings of $1.62 per share, reflecting a year-over-year increase of +8.7% [3] - Revenues are anticipated to reach $946.88 million, which is a 4.5% increase from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for July 31, and positive results could lead to a stock price increase, while negative results may cause a decline [2] - The consensus EPS estimate has been revised 1.64% higher in the last 30 days, indicating a more optimistic outlook from analysts [4] Earnings Surprise Potential - ITT has an Earnings ESP of +0.51%, suggesting a likelihood of beating the consensus EPS estimate [12] - The company holds a Zacks Rank of 2, which further supports the expectation of an earnings beat [12] Historical Performance - In the last reported quarter, ITT exceeded the expected earnings of $1.44 per share by delivering $1.45, resulting in a surprise of +0.69% [13] - Over the past four quarters, ITT has consistently beaten consensus EPS estimates [14] Industry Context - Markel Group, a peer in the Zacks Diversified Operations industry, is expected to report earnings of $24.74 per share, indicating a year-over-year decline of -4.7% [18] - Markel Group's revenues are projected to be $3.99 billion, up 4.2% from the previous year [18] - Markel Group has an Earnings ESP of -0.76% and a Zacks Rank of 3, making it challenging to predict an earnings beat [19]