TTM Technologies (TTMI) 2025 Conference September 04, 2025 04:10 PM ET Company ParticipantsStephen Volkmann - Managing DirectorDaniel Boehle - EVP & CFOStephen VolkmannThank you, everyone. We appreciate you joining us here for TTM Technologies and for attending the Jefferies twenty twenty five industrial conference. I am joined by Dan Bailey, CFO at TTM. And without further ado, I will pass the mic and the presentation to him to share some thoughts and then we can open up to questions at the end. Thanks.Dan ...

Key Takeaways Jabil stock has gained 97.9% over the past year, outpacing Flex but trailing Celestica.Jabil lifted 2025 revenue outlook to $29B and EPS to $9.33, with $1.2B in adjusted free cash flow.Jabil's 800G silicon photonics modules, built with Intel, target AI/ML scalability and reliability.Jabil, Inc. (JBL) has gained 97.9% over the past year compared with the industry’s growth of 127.8%. It has outperformed peers like Flex Ltd. (FLEX) but lagged Celestica Inc. (CLS) over this period. While Flex gain ...

With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest-quality analysis of this type of information.Celestica (NYSE: CLS ) stock has been one of my top picks over the past as since I initiated my bullish coverage on it in March 2024, it's already up ~344%, and although itsHe leads the investing group Beyond the Wall Investing with features that inc ...

Core Insights - Key Tronic Corporation's shares increased by 5.3% following the release of its fourth-quarter fiscal 2025 results, outperforming the S&P 500's 0.2% growth during the same period [1] - The company reported a significant decline in revenues for both the fourth quarter and the entire fiscal year, with fourth-quarter revenues at $110.5 million, down from $126.6 million year-over-year, and total fiscal 2025 revenues at $467.9 million, a 17% decrease from $566.9 million in fiscal 2024 [2] - The net loss for the fourth quarter widened to $3.9 million, or 36 cents per share, compared to a loss of $2 million, or 18 cents per share, in the prior year, with a total fiscal year net loss of $8.3 million, or 77 cents per share, compared to a loss of $2.8 million, or 26 cents per share, in the previous year [3] Financial Metrics - The gross margin contracted to 6.2% in the fourth quarter from 7.2% a year earlier, but improved to 7.8% for the full year from 7% in fiscal 2024 due to workforce reductions and operational streamlining [4] - Operating margin decreased to 0.1% for the year from 1.2% in the prior year, impacted by credit loss adjustments [4] - Cash flow from operations improved to $8.8 million in the fourth quarter from $7.7 million in the same quarter last year, totaling $18.9 million for fiscal 2025 compared to $13.8 million in fiscal 2024 [5] Management Insights - The CEO described fiscal 2025 as a year of transition and uncertainty, citing tariff-related disruptions and strategic shifts in manufacturing, including expansion in the U.S. and Vietnam [6] - Key Tronic secured program wins in various industries and entered a significant services contract projected to exceed $20 million in annual revenues [7] - The company faced headwinds from reduced demand and tariff fluctuations, with severance expenses of $2.9 million impacting profitability, although operational efficiencies are expected to enhance margins once revenue growth resumes [8] Balance Sheet and Guidance - Adjustments for expected customer collections amounted to $1.1 million in the fourth quarter and $1.8 million for the year, further pressuring reported results [9] - Key Tronic did not provide revenue or earnings guidance for the first quarter of fiscal 2026 due to ongoing uncertainties but expressed confidence in improving gross margins as production volumes increase [10] Developments and Investments - The company is investing in its global footprint, with a new $28 million facility in Arkansas expected to create over 400 jobs, and production capacity in Vietnam being doubled [11] - These expansions aim to offer customers flexible manufacturing options while addressing rising wage pressures through automation and efficiency improvements [11]

Core Viewpoint - Celestica (CLS) shares have recently declined by 10.4% over the past week, but the formation of a hammer chart pattern suggests potential support and a possible trend reversal in the future [1][2]. Technical Analysis - The hammer chart pattern indicates a potential bottoming out, suggesting that selling pressure may be exhausting. This pattern forms when there is a small candle body with a long lower wick, typically occurring during a downtrend [4][5]. - The hammer pattern signals that bears may be losing control, and the buying interest that emerges can indicate a potential trend reversal [5]. Fundamental Analysis - There has been a positive trend in earnings estimate revisions for CLS, with a 12.2% increase in the consensus EPS estimate for the current year over the last 30 days. This indicates that analysts expect better earnings than previously predicted [7][8]. - CLS holds a Zacks Rank of 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises. Stocks with this ranking typically outperform the market [9][10].

Key Takeaways Celestica Inc. (CLS) and Jabil Inc. (JBL) are two leading players in the electronics manufacturing services (EMS) industry. Celestica is one of the largest EMS companies in the world, primarily serving original equipment manufacturers, cloud-based and other service providers, and business enterprises across several industries. It offers a comprehensive range of manufacturing and supply-chain solutions that support various customer requirements, from low-volume, high-complexity custom products ...

August 17, 2025 06:58 PM GMT We raise our GB200/300 racks forecast to~34k (up from ~30k racks): Post-ODM results, we adjust our assumptions and raise CY25e GB200/300 NVL72-equivalent racks by ~4k units. This revision is mainly driven by the strong guidance given by Hon Hai, where they guided for AI rack shipments to grow 300% q/q in 3Q, with further growth in 4Q. As a result, we raised our CY25 full-year rack shipment estimate for Hon Hai to 19.5k racks, implying that they would account for ~57% of the mark ...

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point for fast-moving stocks, which can lead to limited upside or downside risks [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify potential opportunities [3] Group 2: Kimball Electronics (KE) Analysis - Kimball Electronics has experienced a significant price increase of 33.2% over the past four weeks, indicating growing investor interest [4] - The stock has gained 47.5% over the past 12 weeks, with a beta of 1.22, suggesting it moves 22% more than the market [5] - KE has a Momentum Score of A, indicating a favorable time to invest based on its momentum characteristics [6] Group 3: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to KE earning a Zacks Rank 1 (Strong Buy), which is associated with strong momentum effects [7] - KE is currently trading at a Price-to-Sales ratio of 0.42, suggesting it is undervalued as investors pay only 42 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides KE, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]

Financial Performance - Q4 Fiscal 2025 - Net sales for Q4 were $381 million, a 12% decrease compared to Q4 of fiscal 2024[12, 14] - Excluding AT&M, the net sales decrease was 8%[14, 29] - Gross margin rate in Q4 was 8%, a 50 bps decline compared to Q4 of fiscal 2024[30, 32] - Adjusted selling & administrative expense totaled $10.8 million, a 23% reduction compared to $14 million in Q4 last year[37] - Adjusted operating income was $19.6 million, or 5.2% of net sales[41] Segment Performance - Medical sales were $107 million, up 5% compared to the same period last year, representing 28% of total company revenue[15, 17] - Automotive net sales were $184 million, a 13% decrease compared to Q4 last year, representing 48% of total company sales[19, 22] - Industrial net sales were $90 million, down 12% year-over-year excluding AT&M, representing 24% of total company sales[23, 25] Fiscal Year 2025 Highlights - Net sales totaled $1.487 billion, the 3rd highest annual revenue total in the company's history[58] - Inventory was down nearly 20% year-over-year[58] - Debt was down 50% within the fiscal year[58] Fiscal Year 2026 Guidance - Net sales are projected to be $1.350 - $1.450 billion, a 2% to 9% decrease compared to fiscal 2025[59] - Capital expenditures are expected to be $50 - $60 million[59]

Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. Taiwan's Foxconn, the world's largest contract electronics maker, reported Thursday that its second-quarter operating profit rose 27% year over year, on the strength of its growing artificial intelligence server business. Here's how Foxconn did in the second quarter of 2025 compared with LSEG SmartEstimates, which are weighted toward forecasts from analysts who ...