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Is Andritz (ADRZY) Stock Outpacing Its Industrial Products Peers This Year?
ZACKS· 2025-07-21 14:41
The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Andritz (ADRZY) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.Andritz is a member of our Industrial Products group, which includes 189 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank inc ...
Eos Energy Enterprises (EOSE) Surges 10.8%: Is This an Indication of Further Gains?
ZACKS· 2025-07-21 12:16
Eos Energy Enterprises, Inc. (EOSE) shares rallied 10.8% in the last trading session to close at $5.87. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 15.7% gain over the past four weeks.Eos Energy Enterprises’ shares increased since it announced that it will report its second quarter 2025 results on July 31.In the first quarter of 2025, the company posted record quarterly revenues of $10 million, up 58% yea ...
Is Ferguson plc (FERG) Stock Outpacing Its Industrial Products Peers This Year?
ZACKS· 2025-07-15 14:41
For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Ferguson plc (FERG) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.Ferguson plc is a member of the Industrial Products sector. This group includes 190 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Secto ...
Fastenal (FAST) Q2 Earnings and Revenues Top Estimates
ZACKS· 2025-07-14 13:01
Group 1 - Fastenal reported quarterly earnings of $0.29 per share, exceeding the Zacks Consensus Estimate of $0.28 per share, and up from $0.25 per share a year ago, representing an earnings surprise of +3.57% [1] - The company posted revenues of $2.08 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.88%, and an increase from $1.92 billion year-over-year [2] - Fastenal shares have increased approximately 20.3% since the beginning of the year, outperforming the S&P 500's gain of 6.4% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $0.29 on revenues of $2.09 billion, and for the current fiscal year, it is $1.09 on revenues of $8.12 billion [7] - The Zacks Industry Rank indicates that the Industrial Services sector is in the top 13% of over 250 Zacks industries, suggesting strong potential for stock performance [8] Group 3 - Fastenal has surpassed consensus EPS estimates only once in the last four quarters, while it has topped consensus revenue estimates two times in the same period [2][6] - The estimate revisions trend for Fastenal was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]
MSC Industrial (MSM) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-07-10 17:06
Company Overview - MSC Industrial currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 2 (Buy), suggesting favorable market performance [4] Price Performance - Over the past week, MSC Industrial shares increased by 5.25%, outperforming the Zacks Industrial Services industry, which rose by 2.19% [6] - The monthly price change for MSC Industrial is 10.38%, compared to the industry's 3.35% [6] - Over the past quarter, shares have increased by 19.59%, and over the last year, they have gained 19.28%, while the S&P 500 moved 15.13% and 13.62%, respectively [7] Trading Volume - The average 20-day trading volume for MSC Industrial is 740,790 shares, which is a useful indicator of market interest [8] Earnings Outlook - In the past two months, 7 earnings estimates for MSC Industrial have moved higher, with no downward revisions, increasing the consensus estimate from $3.52 to $3.64 [10] - For the next fiscal year, 4 estimates have increased while 1 has decreased [10] Conclusion - Given the strong momentum indicators and positive earnings outlook, MSC Industrial is positioned as a promising investment opportunity [12]
3 Industrial Services Stocks to Buy in a Promising Industry
ZACKS· 2025-07-09 17:20
Core Insights - The near-term outlook for the Zacks Industrial Services industry is positive, driven by increasing e-commerce activity and a recent rise in the production index [1][5] - Companies like Siemens, MSC Industrial Direct, and Eos Energy Enterprises are strategically positioned to leverage these trends through cost-cutting, operational efficiency improvements, and investments in automation and digitization [2] Industry Overview - The Zacks Industrial Services industry includes companies providing industrial equipment products and MRO services, serving diverse sectors such as commercial, government, healthcare, and manufacturing [3] - The industry focuses on reducing MRO supply-chain costs and enhancing productivity through inventory management and procurement solutions [3] Trends Impacting the Industry - E-commerce is expected to drive growth, with global e-commerce revenues projected to grow at a CAGR of 18.9% from 2024 to 2030, and the U.S. market at a CAGR of 16.4% [4] - The manufacturing sector, contributing around 70% to the industry's revenues, has shown signs of recovery with the production index entering expansion territory at 50.3% in June, up from 45.4% in May [5] Cost Management Strategies - The industry faces significant inflation, including rising labor, freight, and fuel costs, prompting companies to implement pricing actions, cost-cutting measures, and productivity improvements [6] Market Performance - The Zacks Industrial Services industry has outperformed both its sector and the S&P 500 over the past year, growing 16.5% compared to the sector's 14.8% and the S&P 500's 11.2% [9] - The industry currently trades at a forward 12-month EV/EBITDA ratio of 30.7X, significantly higher than the S&P 500's 13.89X and the Industrial Products sector's 19.94X [12] Company Highlights - Siemens reported a 10% increase in orders and a 7% rise in revenues in Q2, bolstered by acquisitions that enhance its capabilities in industrial AI and simulation [18][19] - Eos Energy Enterprises secured a $22.7 million loan advance to support its production expansion, with projected revenues for 2025 between $150 million and $190 million, up from $15.7 million in 2024 [21][22] - MSC Industrial noted positive trends in its fiscal third quarter, focusing on long-term growth objectives and recent acquisitions to enhance its market position [25]
MSC Industrial Earnings Beat Estimates in Q3, Revenues Dip Y/Y
ZACKS· 2025-07-02 16:05
Core Insights - MSC Industrial Direct Company, Inc. (MSM) reported adjusted earnings per share (EPS) of $1.08 for Q3 fiscal 2025, exceeding the Zacks Consensus Estimate of $1.03, but reflecting an 18.8% decline year over year [1][7] - The company generated revenues of approximately $971 million, a decrease of 0.8% from $979 million in the same quarter last year, while also surpassing the Zacks Consensus Estimate of $970 million [2][7] - The gross margin improved to 41% compared to 40.9% in the prior year, despite a 0.7% decline in gross profit to $398 million [3][7] Financial Performance - The cost of goods sold decreased by 1% year over year to $573 million, while operating expenses rose by 8% to $312 million [3] - Adjusted operating income fell 21.8% to $87 million, resulting in an adjusted operating margin of 9%, down from 11.4% in the previous year [3][7] - Cash and cash equivalents increased to $71.7 million from $29.6 million at the end of fiscal 2024, while long-term debt rose to approximately $285 million from $279 million [4] Future Guidance - For Q4 fiscal 2025, the company anticipates average daily sales to decline by 0.5% or increase by 1.5% compared to the previous year [5] - The adjusted operating margin is expected to be between 8.5% and 9% for the upcoming quarter [5] Stock Performance - Over the past year, MSC Industrial's shares have increased by 20%, outperforming the industry growth of 15.8% [6]
MSC Industrial (MSM) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2025-07-01 12:41
分组1 - MSC Industrial reported quarterly earnings of $1.08 per share, exceeding the Zacks Consensus Estimate of $1.03 per share, but down from $1.33 per share a year ago, representing an earnings surprise of +4.85% [1] - The company posted revenues of $971.15 million for the quarter, surpassing the Zacks Consensus Estimate by 0.10%, but down from $979.35 million year-over-year [2] - MSC Industrial has outperformed the S&P 500 with a share price increase of about 13.8% since the beginning of the year, compared to the S&P 500's gain of 5.5% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.93 on revenues of $946.5 million, and for the current fiscal year, it is $3.55 on revenues of $3.74 billion [7] - The Industrial Services industry, to which MSC Industrial belongs, is currently ranked in the top 31% of over 250 Zacks industries, indicating a favorable outlook [8]
Is ESCO Technologies (ESE) Stock Outpacing Its Industrial Products Peers This Year?
ZACKS· 2025-06-27 14:41
Group 1 - Esco Technologies (ESE) is currently outperforming its peers in the Industrial Products sector, with a year-to-date return of 45.2% compared to the sector average of 2.7% [4] - The Zacks Consensus Estimate for Esco Technologies' full-year earnings has increased by 6.5% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [4] - Esco Technologies holds a Zacks Rank of 1 (Strong Buy), suggesting it is poised to outperform the broader market in the next one to three months [3] Group 2 - Esco Technologies is part of the Manufacturing - Electronics industry, which consists of 17 stocks and currently ranks 53 in the Zacks Industry Rank, with an average gain of 2.6% this year [6] - Another notable stock in the Industrial Products sector is Kion Group (KIGRY), which has returned 65.5% year-to-date and has a Zacks Rank of 2 (Buy) [5] - Kion Group's consensus estimate for current year EPS has increased by 25.4% over the past three months, highlighting strong performance within its industry [5]
Black Diamond Announces $36.85 Million Bought Deal Public Offering of Common Shares
Globenewswire· 2025-06-25 20:01
Core Points - Black Diamond Group Limited has entered into an agreement with Raymond James Ltd. for a bought deal offering of 4,050,000 common shares at C$9.10 per share, resulting in gross proceeds of C$36,855,000 [1][2] - The underwriters have an over-allotment option to purchase an additional 15% of common shares at the issue price within 30 days of the offering's closing [2] - The net proceeds will be allocated for capital expenditures, strategic acquisitions, organic growth initiatives, debt reduction, working capital, and general corporate purposes [2] Company Overview - Black Diamond is a specialty rentals and industrial services company operating in Canada, the United States, and Australia, with two main business units: Modular Space Solutions (MSS) and Workforce Solutions (WFS) [6] - MSS operates through brands like BOXX Modular and CLM, providing a rental fleet of modular buildings to various sectors including construction and government [7] - WFS offers a rental fleet of modular accommodation assets and includes LodgeLink, a digital marketplace for crew accommodation and travel logistics in North America [8][9]