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Vulcan (VMC) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-06-02 17:05
Core Viewpoint - Vulcan Materials (VMC) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system focuses on changes in earnings estimates as a key determinant of stock ratings, with the consensus estimate for Vulcan showing an increase of 1.4% over the past three months [2][8]. - For the fiscal year ending December 2025, Vulcan is expected to earn $8.64 per share, reflecting a 14.7% increase from the previous year [8]. Institutional Investor Influence - Changes in earnings estimates are strongly correlated with stock price movements, largely due to institutional investors who adjust their valuations based on these estimates, leading to significant buying or selling activity [4][5]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% of stocks receiving a 'Strong Buy' or 'Buy' rating, indicating superior earnings estimate revisions [9][10]. - The upgrade of Vulcan to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
CAT FOOTWEAR HONORS 100 YEARS OF CATERPILLAR INC. WITH EXCLUSIVE LIMITED-EDITION BOOT COLLECTION
Prnewswire· 2025-06-02 17:00
Core Insights - Cat Footwear, a division of Wolverine World Wide, Inc., is celebrating Caterpillar Inc.'s 100th anniversary by launching a limited-edition boot collection that honors significant achievements in engineering [1][2] - The collection includes three boots, each representing a monumental feat: the Golden Gate Bridge, the Apollo 11 Moon Landing, and the Channel Tunnel System [1][2][6] Company Overview - Cat Footwear is the official footwear licensee of Caterpillar and has been expanding the Cat brand globally since 1994, now offering products in nearly 140 countries [4] - The brand is known for its rugged and durable footwear, paralleling the strength of Caterpillar's machinery [4] Caterpillar Inc. Overview - Caterpillar Inc. reported sales and revenues of $64.8 billion in 2024, making it the leading manufacturer in construction and mining equipment, as well as engines and turbines [5] - The company operates across three primary segments: Construction Industries, Resource Industries, and Energy & Transportation, while also providing financing through its Financial Products segment [5] Product Features - The Golden Gate Bridge Boot features a structural cage and cable system design, with gold hardware [6] - The Apollo 11 Boot is lightweight with a stacked sole, inspired by lunar exploration gear [6] - The Channel Tunnel Boot includes a functioning headlight and sole lights, mimicking trains in a tunnel [6]
Take the Zacks Approach to Beat the Markets: StoneCo, Axon, Intuit in Focus
ZACKS· 2025-06-02 15:05
Market Overview - The three major U.S. indexes ended the holiday-shortened trading week in the red, with the Nasdaq Composite declining by 0.44%, and both the S&P 500 and Dow Jones Industrial Average losing 0.17% each, attributed to renewed trade tensions with the European Union and China [1] - The Federal Reserve's May meeting minutes indicate that new foreign trade tariff policies could lead to persistent inflation, hinder economic growth, and diminish global confidence in U.S. assets [2] Economic Indicators - The second estimate of Q1 2025 Gross Domestic Product (GDP) showed a contraction at an annual rate of 0.2%, an improvement from the initial estimate of a 0.3% decline, marking the first drop in three years [2] - The labor market remains resilient but shows slight signs of weakening, with jobless aid rising to 240,000 for the week ending May 24th, and Continuing Jobless Claims increasing to 1.92 million [2] Stock Performance - Banco Comercial Português (BPCGY) shares gained 13.9% since being upgraded to Zacks Rank 2 (Buy) on March 31, outperforming the S&P 500's 6.1% increase [3] - PDS Biotechnology Corporation (PDSB) also saw a return of 9.5% since its upgrade to Zacks Rank 2 on March 31 [4] - A hypothetical portfolio of Zacks Rank 1 (Strong Buy) stocks returned -8.32% in 2025 (through May 5), compared to -5.35% for the S&P 500 index [4] Zacks Recommendations - StoneCo Ltd. (STNE) and BlackBerry Limited (BB) advanced 30.9% and 26.1% respectively since their Zacks Recommendation upgrades to Outperform on April 9 and March 4 [7] - The Zacks Focus List portfolio has returned -3.23% through April 30, 2025, compared to -4.92% for the S&P 500 index [11] - The Zacks Earnings Certain Admiral Portfolio (ECAP) returned +3.20% in Q1 2025, outperforming the S&P 500 index's -4.30% decline [15] Long-term Performance - The Zacks Focus List portfolio has produced an annualized return of +11.33% since 2004, compared to +9.95% for the S&P 500 index [13] - The Top 10 portfolio has delivered a cumulative return of +1832.3% since 2012, significantly outperforming the S&P 500 index's +434.2% return [23]
Safe & Green Holdings Corp. Signs Letter of Intent to Acquire Giant Containers Inc.
GlobeNewswire News Room· 2025-06-02 12:30
Core Points - Safe & Green Holdings Corp. has signed a non-binding Letter of Intent to acquire Giant Containers Inc., a leader in modular, container-based infrastructure solutions [1][2] - The acquisition will involve the purchase of 100% of Giant Containers' issued and outstanding shares and the appointment of Giant's CEO, Daniel Kroft, as Vice President of Business Development at Safe & Green [2] - Giant Containers has a strong reputation for high-quality craftsmanship and sustainable construction practices, serving notable clients such as Tesla, Nike, and General Motors [3] - Giant currently has over $6.8 million in active projects under contract, which Safe & Green will assume post-acquisition [4] - The acquisition aligns with Safe & Green's mission to enhance critical infrastructure through modular, ESG-aligned solutions and is expected to close on or before June 15, 2025, pending customary conditions [5] Company Overview - Safe & Green Holdings Corp. specializes in the design and fabrication of modular structures, focusing on safe and green solutions across various industries [6]
Fear Martin Marietta At $550?
Forbes· 2025-06-02 09:00
Core Insights - Martin Marietta Materials Inc (MLM) stock has experienced a decline of 11% since November 2024, despite reporting an operating margin exceeding 42% in 2024 [1] - The company trades at a premium valuation of 32 times earnings, resulting in a low earnings yield of 3%, compared to Meta's lower multiple of 23 times and higher revenue growth [1] - Historical performance shows vulnerability during economic downturns, with significant stock price drops during the 2008 financial crisis, the COVID-19 pandemic, and inflationary pressures in 2022 [1] Financial Performance - As of Q1 2025, Martin Marietta reported revenues of $1.35 billion, an 8% year-over-year increase, with projected FY26 revenues between $6.83 billion and $7.23 billion, indicating a growth of 5 to 10% [4] - The company has seen a notable increase in debt levels, rising from $3.95 billion at the end of 2024 to $5.41 billion as of March 31, 2025, with a debt to EBITDA ratio of 4.06, exceeding the industry median [3] Market Position and Demand - Martin Marietta benefits from stable demand driven by infrastructure expenditures, particularly from government initiatives like the U.S. Infrastructure Investment and Jobs Act (IIJA), which allocates $1.2 trillion for infrastructure projects over five years [2][6] - The company is one of the largest providers of construction aggregates in the U.S., which provides it with pricing power and economies of scale [2] Pricing and Revenue Growth - In Q1 2025, the average selling price of aggregates increased by 6.8% to $23.77 per ton, supported by organic price improvements and margin-accretive acquisitions, suggesting continued pricing momentum [7] Risks and Challenges - Weather-related risks pose a threat to operations, with historical disruptions from hurricanes and storms impacting production and revenue [5]
*ST围海: 关于延期披露会计差错更正后相关财务信息的提示性公告
Zheng Quan Zhi Xing· 2025-06-02 08:57
证券代码:002586 证券简称:*ST 围海 公告编号:2025-054 浙江省围海建设集团股份有限公司 关于延期披露会计差错更正后相关财务信息 的提示性公告 本公司及董事会全体成员保证公告内容真实、准确和完整,无虚假记载、误 导性陈述或重大遗漏。 浙江省围海建设集团股份有限公司(以下简称"公司")于 2024 年 1 月 31 日在巨潮资讯网(www.cninfo.com.cn)中披露的《关于延期披露会计差错更正后 相关财务信息的提示性公告》(公告编号:2024-006)。根据《公开发行证券的 公司信息披露编报规则第 19 号——财务信息的更正及相关披露》的有关规定, 公司对已经披露的年度财务报表进行更正,需要聘请符合《证券法》规定的会计 师事务所对更正后的财务报表进行全面审计或对相关更正事项进行专项鉴证,如 果会计差错更正具有广泛性影响或导致公司相关年度盈亏性质发生改变,需对更 正后财务报表进行全面审计并出具新的审计报告;除上述情况外,会计师事务所 可以仅对更正事项执行专项鉴证并出具专项鉴证报告。如果公司对年度财务报表 进行更正,但不能及时披露更正后经审计的财务报表及审计报告或专项鉴证报告, 公司应当在 ...
赢在江苏——寻找优化营商环境新实践⑥|江苏税务:以创新服务推动税收好政策直达快享
Sou Hu Cai Jing· 2025-06-02 08:08
企业高质量发展的背后,离不开税收政策的有力支持。而要让好政策落地,让纳税人缴费人真真切切地享受到政策红利,则离不开税务部门的创新服务。 2024年,全省落实支持科技创新和制造业发展减税降费及退税3185亿元,约占全国八分之一;落实外商投资企业利润再投资优惠政策吸引再投资354亿元, 成效连续7年保持全国第一;通过"银税互动"帮助50.6万户企业获得信用贷款3419.4亿元……江苏税务部门持续扎实推进税收营商环境建设。 近日,"'赢'在江苏——寻找2025优化营商环境新实践"全媒体采访团走进国家税务总局江苏省税务局,采访多家受惠企业,探寻我省税务部门以创新服务 优化营商环境的最新成果。 税费政策精准推送,确保科技企业享受红利 从"人找政策"转变为"政策找人",持续深化税费政策精准推送机制,江苏税务部门的服务让我省科技企业及时享受到国家税费政策红利。 【工作亮点】 "让税费政策更直达、更快享,江苏税务运用税收大数据,主动甄别、精准定位符合享受优惠政策条件的企业,向其推送涵盖税费政策、操作指引、服务 渠道等内容的个性化政策'大礼包'。"江苏省税务局纳税服务处夏建军介绍,江苏税务还建立了"未诉先办、接诉快办、遇诉好办 ...
ECG DEADLINE NOTICE: ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Everus Construction Group, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important June 3 Deadline in Securities Class Action – ECG
GlobeNewswire News Room· 2025-06-01 14:28
Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Everus Construction Group, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the lawsuit is defined as between October 31, 2024, and February 11, 2025, inclusive [1]. - Investors who held MDU Resources common stock as of October 21, 2024, and acquired Everus Construction common stock during the spinoff may be eligible for compensation [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 3, 2025 [3]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions [4]. - Rosen Law Firm has a history of significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered substantial amounts for investors [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, defendants made false or misleading statements regarding Everus Construction's business operations [5]. - Specific claims include that the backlog conversion cycle had elongated due to larger projects, leading to delayed revenue recognition [5]. - The lawsuit asserts that the positive statements made by defendants were materially misleading and lacked a reasonable basis [5].
Why the Market Dipped But Emcor Group (EME) Gained Today
ZACKS· 2025-05-30 22:51
Group 1 - Emcor Group (EME) closed at $471.86, with a 0.77% increase, outperforming the S&P 500's 0.01% loss [1] - Over the past month, Emcor Group's shares gained 13.51%, exceeding the Construction sector's gain of 7.73% and the S&P 500's gain of 6.43% [1] Group 2 - Analysts expect Emcor Group to report earnings of $5.69 per share, reflecting a year-over-year growth of 8.38% [2] - The revenue forecast for the upcoming earnings report is $4.1 billion, indicating an 11.75% growth compared to the same quarter last year [2] Group 3 - For the annual period, earnings are anticipated to be $23.62 per share and revenue is expected to reach $16.5 billion, representing increases of 9.76% and 13.26% respectively [3] - Changes in analyst estimates for Emcor Group are important as they often indicate shifts in near-term business trends [3] Group 4 - The Zacks Rank system, which evaluates estimated changes, has a history of outperforming, with 1 stocks returning an average annual gain of 25% since 1988 [5] - Emcor Group currently holds a Zacks Rank of 2 (Buy) [5] Group 5 - Emcor Group has a Forward P/E ratio of 19.83, which aligns with the industry's average Forward P/E of 19.83 [6] - The Building Products - Heavy Construction industry, part of the Construction sector, ranks in the top 1% of all industries according to the Zacks Industry Rank [6]
Earnings Estimates Rising for Construction Partners (ROAD): Will It Gain?
ZACKS· 2025-05-30 17:21
Investors might want to bet on Construction Partners (ROAD) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this road and highway construction company, should get reflected in its stock price. After all, empirical research sho ...