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Gates Industrial (GTES) Surges 15.3%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 15:15
Company Overview - Gates Industrial Corporation plc (GTES) shares increased by 15.3% to $17.94 in the last trading session, following a 20.2% loss over the previous four weeks [1] - The stock's rally is attributed to President Trump's announcement of a 90-day pause on tariffs for most countries, aimed at stabilizing markets and addressing global trade concerns [1] Earnings Expectations - Gates Industrial is expected to report quarterly earnings of $0.33 per share, reflecting a year-over-year increase of 6.5% [2] - Revenue projections for the upcoming report are $826.29 million, which is a decrease of 4.2% compared to the same quarter last year [2] Market Trends - Trends in earnings estimate revisions are strongly correlated with near-term stock price movements, indicating the importance of monitoring these changes [3] - The consensus EPS estimate for Gates Industrial has remained unchanged over the last 30 days, suggesting that the stock's price movement may not sustain without earnings estimate revisions [4] Industry Context - Gates Industrial is part of the Zacks Manufacturing - General Industrial industry, where another company, Nordson (NDSN), saw an 11.8% increase in its stock price, closing at $187.29, despite a -18.7% return over the past month [4] - Nordson's consensus EPS estimate has also remained unchanged at $2.36, with a year-over-year change of 0.9% [5]
Helios Technologies (HLIO) Soars 11.4%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-10 14:40
Company Overview - Helios Technologies, Inc. (HLIO) shares increased by 11.4% to close at $28.74, following a notable trading volume that exceeded typical levels [1] - The company has experienced a 30.5% loss in stock value over the past four weeks [1] Recent Developments - The rise in Helios Technologies' shares was influenced by the Trump administration's announcement of a temporary halt on reciprocal tariffs for several countries, aimed at mitigating market sell-off and recession fears [2] Financial Performance Expectations - Helios Technologies is projected to report quarterly earnings of $0.35 per share, reflecting a year-over-year decline of 34% [3] - Expected revenues for the upcoming quarter are $186.6 million, which is a 12% decrease compared to the same quarter last year [3] Earnings Estimate Trends - The consensus EPS estimate for Helios Technologies has remained unchanged over the last 30 days, indicating a lack of upward momentum in earnings estimate revisions [5] - Historical data suggests a strong correlation between earnings estimate revisions and short-term stock price movements, highlighting the importance of monitoring these trends [4] Industry Context - Helios Technologies operates within the Zacks Manufacturing - General Industrial industry, where another company, Ferguson plc (FERG), saw an 11.2% increase in its stock price, closing at $164.60 [5] - Ferguson plc's consensus EPS estimate has decreased by 11.4% over the past month, indicating a 12.9% decline from the previous year's report [6]