Steel - Pipe and Tube

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Valmont Industries (VMI) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-07-24 17:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Valmont Industries (VMI) Q2 Earnings and Revenues Top Estimates
ZACKS· 2025-07-22 13:16
Valmont Industries (VMI) came out with quarterly earnings of $4.88 per share, beating the Zacks Consensus Estimate of $4.72 per share. This compares to earnings of $4.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +3.39%. A quarter ago, it was expected that this infrastructure equipment maker would post earnings of $4.24 per share when it actually produced earnings of $4.32, delivering a surprise of +1.89%.Over the last fo ...
Has ESAB Corporation (ESAB) Outpaced Other Industrial Products Stocks This Year?
ZACKS· 2025-07-18 14:40
For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Esab (ESAB) been one of those stocks this year? 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.Esab is one of 189 companies in the Industrial Products group. The Industrial Products group currently sits at #2 within the Zacks Sector Rank. The Zacks Sector Rank ...
Is the Options Market Predicting a Spike in Mueller Water Products Stock?
ZACKS· 2025-06-30 15:21
Company Overview - Mueller Water Products, Inc. (MWA) is experiencing significant attention from investors due to high implied volatility in its options market, particularly the Aug 15, 2025 $15.00 Call option [1] - The company currently holds a Zacks Rank 3 (Hold) in the Steel - Pipe and Tube industry, which is positioned in the top 39% of the Zacks Industry Rank [3] Analyst Sentiment - Over the past 60 days, no analysts have increased their earnings estimates for the current quarter, while two analysts have lowered their estimates, resulting in a decrease in the Zacks Consensus Estimate from earnings of 36 cents per share to 34 cents [3] Options Market Insights - The high implied volatility suggests that options traders are anticipating a significant price movement for Mueller Water Products shares, indicating potential upcoming events that could lead to a major rally or sell-off [2][4] - Seasoned options traders often seek to sell premium on options with high implied volatility, aiming to benefit from the decay of the option's value if the underlying stock does not move as much as expected [4]
MRC (MRC) Surges 11.8%: Is This an Indication of Further Gains?
ZACKS· 2025-06-30 13:50
Company Overview - MRC Global shares increased by 11.8% to $14.89 in the last trading session, with a higher-than-average trading volume, compared to a 6.2% gain over the past four weeks [1] - MRC Global is set to be acquired by DNOW Inc. for approximately $1.5 billion, including net debt, with the acquisition expected to close in Q4 2025, pending regulatory approvals [2] Financial Performance - MRC Global is projected to report quarterly earnings of $0.23 per share, reflecting a year-over-year decline of 25.8%, with expected revenues of $771.6 million, down 7.3% from the previous year [3] - The consensus EPS estimate for MRC has remained unchanged over the last 30 days, indicating a lack of upward revisions in earnings estimates [4] Industry Context - MRC Global operates within the Zacks Steel - Pipe and Tube industry, where Mueller Water Products, another company in the same sector, experienced a 0.6% decline in its stock price [5] - Mueller Water Products has seen a 6.3% increase in its consensus EPS estimate over the past month, indicating a positive trend compared to the previous year [6]
Why Is MRC (MRC) Up 9.6% Since Last Earnings Report?
ZACKS· 2025-06-05 16:36
Company Overview - MRC Global (MRC) shares have increased by approximately 9.6% over the past month, outperforming the S&P 500 [1] - Recent earnings report indicates a need to analyze important drivers for the stock's performance [1] Earnings Estimates - Estimates for MRC have trended downward over the past month, indicating a negative outlook [2][4] - The stock currently holds a Zacks Rank of 5 (Strong Sell), suggesting expectations of below-average returns in the coming months [4] VGM Scores - MRC has a strong Growth Score of A, but a lower Momentum Score of C, and a Value Score of B, resulting in an aggregate VGM Score of A [3] Industry Performance - MRC is part of the Zacks Steel - Pipe and Tube industry, where Valmont Industries (VMI) has gained 6.9% over the past month [5] - Valmont reported revenues of $969.31 million for the last quarter, reflecting a year-over-year decline of 0.9% [5] - For the current quarter, Valmont is expected to post earnings of $4.70 per share, indicating a year-over-year change of -1.3% [6]
MRC Global (MRC) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-06 23:20
MRC Global (MRC) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 75%. A quarter ago, it was expected that this energy products distributor would post earnings of $0.08 per share when it actually produced a loss of $0.08, delivering a surprise of -200%.Over the last four quarters, the ...
Valmont Industries (VMI) Q1 Earnings Surpass Estimates
ZACKS· 2025-04-22 13:10
Core Insights - Valmont Industries reported quarterly earnings of $4.32 per share, exceeding the Zacks Consensus Estimate of $4.24 per share, with an earnings surprise of 1.89% [1] - The company posted revenues of $969.31 million for the quarter, missing the Zacks Consensus Estimate by 0.64%, compared to $977.83 million in the same quarter last year [2] - Valmont has surpassed consensus EPS estimates in all four of the last quarters, while it has topped revenue estimates twice during the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $4.72 on revenues of $1.04 billion, and for the current fiscal year, it is $18.01 on revenues of $4.09 billion [7] - The estimate revisions trend for Valmont is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Steel - Pipe and Tube industry, to which Valmont belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Valmont's stock performance [5]