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Fastenal (FAST) Q3 Earnings and Revenues Miss Estimates
ZACKS· 2025-10-13 12:56
Fastenal (FAST) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.3 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.33%. A quarter ago, it was expected that this maker of industrial and construction fasteners would post earnings of $0.28 per share when it actually produced earnings of $0.29, delivering a surprise of +3.57%.Over the l ...
Eos Energy Enterprises (EOSE) Moves 10.0% Higher: Will This Strength Last?
ZACKS· 2025-10-07 10:41
Eos Energy Enterprises, Inc. (EOSE) shares soared 10% in the last trading session to close at $13.86. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 74.8% gain over the past four weeks.EOSE shares rose after the company announced a multi-year partnership with Unico, which promises to deliver compact and efficient power conversion solutions for the energy storage market.In April 2025, Unico had agreed to supply EOSE with DC-to-DC ...
BCP Completes Sale of Stake in Brown & Root Industrial Services
Prnewswire· 2025-10-06 12:00
, /PRNewswire/ -- BCP, a services and infrastructure-focused private equity management firm, today announced the successful closing of the previously announced sale of its stake in Brown & Root Industrial Services (the "Company"), a provider of non-discretionary, specialty industrial services. Financial terms of the transaction were not disclosed. Since partnering with KBR, Inc. (NYSE: KBR) to establish Brown & Root Industrial Services in 2015, BCP has supported CEO Andy Dupuy and the leadership team in str ...
3 Industrial Services Stocks to Buy as Industry Prospects Improve
ZACKS· 2025-10-03 13:26
Core Insights - The near-term outlook for the Zacks Industrial Services industry is positive, driven by increased e-commerce activity and a rise in the production index [1][4][5] - Companies are focusing on strategic pricing, cost-reduction initiatives, and enhancing productivity to improve margins [1][6] Industry Overview - The Zacks Industrial Services industry includes companies providing industrial equipment and MRO services, serving diverse sectors such as commercial, government, healthcare, and manufacturing [3] - The industry helps reduce MRO supply-chain costs and enhances productivity through inventory management and procurement solutions [3] Trends Impacting the Industry - E-commerce is a significant growth driver, with rising demand for tailored solutions and efficient online business operations [4] - The production index has shown signs of recovery, entering expansion territory at 51% after a contraction in August [5] Financial Performance - The Zacks Industrial Services industry has outperformed its sector with a growth of 6.5% over the past year, compared to the sector's 5.1% increase [10] - The industry is currently trading at a forward 12-month EV/EBITDA ratio of 36.39X, significantly higher than the S&P 500's 18.64X and the Industrial Products sector's 19.85X [13] Company Highlights - **ScanSource (SCSC)**: Recently announced a partnership with Zoom Communications, focusing on operational execution and cost-saving efforts, with shares appreciating 44.8% in the past six months [19][20] - **Fastenal (FAST)**: Benefiting from daily sales growth and digital sales strategies, with a 13.5% increase in eBusiness sales in Q2 2025, shares up 29.5% in six months [24] - **MSC Industrial (MSM)**: Expects fiscal Q4 results to be in the upper half of its guidance range, with shares gaining 29.2% in the past six months [27]
3 Top Stocks That Aren’t the Mag 7
Stocks, bonds, ETFs, straight out of downtown Chicago. This is Zach's Market Edge. Welcome to Zach's Market Edge, the podcast about investing in your life.I'm your host, Tracy Rinick, and this week I'm going solo to bring you three top big cap stocks that aren't in the MAG 7. I know a lot of you are struggling to find things to buy that are outside of the Mag 7 or, you know, you're just looking at where there could possibly be other opportunities. We all own the Mag 7.Let's be honest, if you don't own all s ...
SITE Strengthens Its Michigan Presence With Autumn Ridge Acquisition
ZACKS· 2025-10-01 15:21
Key Takeaways SITE acquired Autumn Ridge, a hardscape and landscape supply distributor in Michigan.The deal combines SITE's resources with Autumn Ridge's complementary hardscape expertise.This is SITE's fifth acquisition in 2025, following the recent nursery-focused deals.SiteOne Landscape Supply, Inc. (SITE) announced that it acquired a wholesale distributor of hardscape products and landscape supplies — Autumn Ridge Stone & Landscape Supply. This move will boost SITE’s market position in the Western Michi ...
CLIR Secures Major Petrochemical Customer for Burner Testing
ZACKS· 2025-09-30 17:35
Core Insights - ClearSign Technologies Corporation (CLIR) received an order from a major petrochemical customer for process burner testing services, which will demonstrate the burners' operating range and robustness [1][9] Group 1: New Orders and Projects - The company will conduct testing to gather operational data under various conditions and fuel blends, with results expected by the fourth quarter of 2025 [2] - An initial engineering order was received on September 17 for the installation of 36 ClearSign Core burners at a U.S. Gulf Coast refinery, indicating growing momentum in the petroleum industry [3][4] - A purchase order was secured in August for engineering and modeling services to enhance ClearSign process burner technology, potentially for use in a California refinery's process heater [5] Group 2: Financial Performance - In Q2 2025, the company reported an adjusted loss of 3 cents per share, which was narrower than the Zacks Consensus Estimate of a loss of 4 cents, and an improvement from a loss of 4 cents in the same quarter last year [6] - Revenues for Q2 2025 were $0.13 million, up from $0.04 million in the year-ago quarter, but missed the Zacks Consensus Estimate of $1 million [6]
Aecon acquires Trinity Industrial Services
Globenewswire· 2025-09-18 20:15
Core Viewpoint - Aecon Group Inc. has acquired Trinity Industrial Services, enhancing its industrial operations and capabilities in the U.S. market, particularly in Texas and Louisiana [1][3][4] Company Overview - Aecon is a North American construction and infrastructure development company that provides integrated solutions across various sectors including Civil, Urban Transportation, Nuclear, Utility, and Industrial [6] - Trinity, founded in 2008, is a privately-owned company with around 60 employees, offering multidisciplinary services for maintenance, capital projects, turnarounds, and fabrication [2][7] Strategic Implications - The acquisition expands Aecon's footprint in a significant industrial hub in the U.S., enhances relationships with major clients, and secures a growth platform in target markets [3] - The transaction is expected to strengthen recurring revenue due to Trinity's business model, which relies on multi-year master service agreements [2][3] Leadership and Integration - Trinity's management will continue to lead the business in partnership with Aecon's Industrial management team, aiming to augment core industrial capabilities and increase operational capacity across the U.S. Gulf Coast Region [4][5] - Aecon's leadership expresses excitement about leveraging strong client relationships and extended services to pursue new projects [5]
Is Ashtead Group (ASHTY) Stock Outpacing Its Industrial Products Peers This Year?
ZACKS· 2025-09-18 14:41
Group 1: Company Overview - Ashtead Group PLC (ASHTY) is part of the Industrial Products group, which consists of 189 companies and ranks 1 in the Zacks Sector Rank [2] - The Zacks Rank is a stock-picking model that focuses on earnings estimates and revisions, with ASHTY currently holding a Zacks Rank of 2 (Buy) [3] Group 2: Performance Metrics - Over the past 90 days, the Zacks Consensus Estimate for ASHTY's full-year earnings has increased by 12.5%, indicating improved analyst sentiment [4] - ASHTY has returned 20.7% year-to-date, outperforming the average return of 6.6% for the Industrial Products sector [4] - In the Industrial Services industry, which includes 18 stocks, ASHTY is performing better than the average gain of 6% so far this year [6] Group 3: Comparative Analysis - Life360 (LIF) is another stock in the Industrial Products sector that has significantly outperformed, with a year-to-date return of 142.3% and a consensus EPS estimate increase of 29.2% over the past three months [5] - The Security and Safety Services industry, which includes Life360, has seen a year-to-date increase of 26.7% [7]
Are Industrial Products Stocks Lagging Hudson Technologies (HDSN) This Year?
ZACKS· 2025-09-16 14:41
Group 1 - Hudson Technologies (HDSN) has shown significant year-to-date performance, returning 87.1%, outperforming the average gain of 7.2% in the Industrial Products sector [4] - The Zacks Rank for Hudson Technologies is 2 (Buy), indicating a positive earnings outlook and improving analyst sentiment, with a 27.4% increase in the full-year earnings estimate over the past three months [3][4] - Hudson Technologies is part of the Industrial Services industry, which has gained an average of 7.4% this year, positioning HDSN as a strong performer within this group [6] Group 2 - Helios Technologies (HLIO) has also outperformed the sector with a year-to-date return of 21.8% and a Zacks Rank of 1 (Strong Buy), reflecting a 34.1% increase in the consensus EPS estimate over the past three months [5] - The Manufacturing - General Industrial industry, to which Helios Technologies belongs, has seen a year-to-date increase of 6.7%, indicating a relatively weaker performance compared to Hudson Technologies [6]