Cleveland, Ohio-based TransDigm Group Incorporated (TDG) designs, produces, and supplies aircraft components. Valued at a market cap of $75.2 billion, the company focuses on proprietary, aerospace-grade parts with strong aftermarket demand, including actuators, ignition systems, pumps, valves, and engineered latching and locking devices. Shares of this aerospace and defense company have underperformed the broader market over the past 52 weeks. TDG has gained 6% over this time frame, while the broader S&P ...

Hong Kong, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the “Company” or “Luda Technology”), (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced today that the Company had become aware of unusual trading activity in its Ordinary Shares on the NYSE American LLC (the "NYSE American") on November 20, 2025 and November 21, 2025. The Company is issuing this press release pursuant to Section 401(d) of the NYSE American Company Gui ...

Core Viewpoint - ProFrac Holding Corp. (NASDAQ:ACDC) is facing negative sentiment in the market, particularly from analysts and commentators who are cautious about the oil sector and have reduced price targets for the stock [1][2]. Company Overview - ProFrac Holding Corp. provides hydraulic fracturing, well stimulation, and proppant production services for oil and gas exploration and production [1]. - The company also manufactures high-horsepower pumps, valves, manifolds, and other equipment for energy operations [1]. Analyst Insights - Morgan Stanley analyst Daniel Kutz has lowered the price target for ProFrac from $5 to $4.50 while maintaining an Underweight rating, indicating a bearish outlook on the stock [1][2]. - The price revision is part of a broader update on price targets for stocks in the Energy Services & Equipment North America sector [2]. - The firm expects ProFrac's Q3 results and Q4 guidance to align with consensus estimates but has noted potential risks to performance estimates for 2026 [2].

Core Viewpoint - DNOW Inc. has successfully completed its acquisition of MRC Global Inc., creating a leading solutions provider in the energy and industrial markets [1][11]. Company Overview - DNOW is a premier energy and industrial solutions provider with over 160 years of experience, specializing in the distribution of pipe, valves, fittings, pumps, and fabricated equipment [5]. - The company is headquartered in Houston, Texas, employing approximately 5,000 individuals and operating a global network of distribution and engineering locations [5]. Merger Details - Under the merger agreement, each share of MRC Global's common stock was converted into the right to receive 0.9489 shares of DNOW's common stock [2]. - The total value of the all-stock transaction is approximately $1.5 billion, which includes MRC Global's net debt [13]. Strategic Benefits - The merger is expected to enhance DNOW's earnings durability, cash flow, and financial position, allowing the company to capitalize on growth opportunities across various sectors [3]. - DNOW anticipates generating $70 million in annual cost synergies within three years post-merger through operational efficiencies and streamlined corporate structures [6]. Market Position and Growth Opportunities - The combined entity will serve a broader mix of customers in essential energy infrastructure, including sectors such as chemical processing, municipal water, utilities, mining, and power generation [6]. - The merger expands DNOW's geographic footprint and distribution presence across the U.S., Canada, and other international markets, with over 350 service and distribution locations in more than 20 countries [6].

Financial Data and Key Metrics Changes - Total revenue for Q3 2025 was $634 million, up 1% or $6 million from Q2 2025, marking the highest revenue quarter in almost six years [17][19] - EBITDA for Q3 was $51 million, or 8% of revenue, marking the 14th consecutive quarter of approximately 7% EBITDA or better [17][19] - Net income attributable to DNOW for Q3 was $25 million or $0.23 per fully diluted share, with a Non-GAAP net income of $28 million or $0.26 per fully diluted share [20][19] - Free cash flow for Q3 was $39 million, elevating year-to-date free cash flow to $58 million, with expectations to approach $150 million for the full year 2025 [8][19] Business Line Data and Key Metrics Changes - U.S. revenue totaled $527 million, effectively flat sequentially but up $45 million or 9% year-over-year, with U.S. Energy Centers contributing approximately 73% of total U.S. revenue [18][19] - Canada revenue was $53 million, up $5 million or 10% sequentially, while international revenue was $54 million, up $2 million or 4% sequentially [18][19] - The midstream sector accounted for 24% of overall DNOW revenue, with strong demand for pipe, valves, and fittings supporting several capital projects [10][19] Market Data and Key Metrics Changes - In the U.S., rig count decreased by 5% sequentially, and completions declined by 6% in Q3, indicating a cautious market environment [8][9] - Demand for products improved in the Haynesville region, primarily tied to new construction linked to increased demand for power generation and LNG exports [9][10] - Internationally, growth was observed in the Middle East and Singapore, driven by high demand for FPSO conversions and LNG module fabrication [15] Company Strategy and Development Direction - The company aims to invest in organic growth and pursue acquisitions, particularly in process solutions, to enhance service and product offerings [16][23] - The announced merger with MRC Global is expected to generate $70 million in annual cost synergies within three years, enhancing DNOW's earnings durability and cash flow [24][25] - The focus remains on retaining top talent and leveraging combined resources to grow business with existing and prospective customers [34][44] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the fifth consecutive year of revenue growth, despite macro challenges such as customer consolidations and geopolitical uncertainties [27][29] - The outlook for Q4 anticipates typical seasonal decreases in revenue, with expectations for mid-single-digit percentage growth compared to Q4 2024 [26][27] - Full year 2025 EBITDA is projected to approach 8% of revenues, with free cash flow expected to reach approximately $150 million [27] Other Important Information - The company ended Q3 with zero debt and a cash position of $266 million, an increase of $34 million sequentially [20][21] - Accounts receivable was $429 million with days sales outstanding improving to 62 days, while inventory was $377 million, down $6 million from Q2 2025 [21][22] - The company has completed acquisitions totaling $122 million over the last 12 months and returned $32 million to shareholders through share repurchases [23] Q&A Session Summary Question: Insights on MRC Global merger and cost synergies - Management confirmed focus on achieving the $70 million synergy target and emphasized the importance of retaining top talent to maximize performance [34][35] Question: Challenges in integration and risk management - The biggest challenge is to engage employees and promote the future of the combined company to avoid revenue leakage during integration [38][39] Question: Growth opportunities in U.S. revenue and market share - Management believes the merger will enhance growth opportunities and market share in upstream sectors [44] Question: Visibility on FlexFlow and EcoVapor growth opportunities - Management indicated plans to continue evaluating and investing in these areas for growth, particularly in midstream and adjacent markets [49][70] Question: Update on gross margins and pricing environment - Management highlighted a focus on maximizing gross margins and navigating inflationary pressures while remaining competitive [63][64] Question: Opportunities in data centers and industrial markets - Management discussed growth prospects in midstream and data center markets, emphasizing the importance of providing necessary infrastructure [71][75]

Core Insights - Emerson Electric reported quarterly earnings of $1.62 per share, matching the Zacks Consensus Estimate, and showing an increase from $1.48 per share a year ago [1] - The company posted revenues of $4.86 billion for the quarter ended September 2025, which was 0.6% below the Zacks Consensus Estimate, but up from $4.62 billion year-over-year [2] - Emerson Electric has surpassed consensus EPS estimates three times over the last four quarters, while it has only topped revenue estimates once in the same period [2] Earnings Performance - The earnings surprise for the previous quarter was +0.66%, with actual earnings of $1.52 per share compared to an expected $1.51 [1] - The current consensus EPS estimate for the upcoming quarter is $1.48, with expected revenues of $4.39 billion, and for the current fiscal year, the EPS estimate is $6.51 on revenues of $18.92 billion [7] Stock Performance and Outlook - Emerson Electric shares have increased by approximately 11.1% since the beginning of the year, while the S&P 500 has gained 15.1% [3] - The company's Zacks Rank is currently 2 (Buy), indicating expectations for the stock to outperform the market in the near future [6] Industry Context - The Manufacturing - Electronics industry, to which Emerson Electric belongs, is currently ranked in the top 17% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8]

Flowserve Corporation ( FLS ) designs, manufactures, and sells engineered flow control equipment such as pumps, valves, mechanical seals, and similar automation items, along with aftermarket services. The company has two reportable segments, Flowserve Pump (~70% of sales) and Flow Control (~30% of sales). FLS sports a currentI have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst an ...

Flowserve Corporation ( FLS ) designs, manufactures, and sells engineered flow control equipment such as pumps, valves, mechanical seals, and similar automation items, along with aftermarket services. The company has two reportable segments, Flowserve Pump (~70% of sales) and Flow Control (~30% of sales). FLS sports a currentI have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst an ...

Group 1 - TimesSquare Capital Management's "U.S. Mid Cap Growth Strategy" fund returned 13.13% (gross) and 12.91% (net) in Q2 2025, underperforming the Russell Midcap® Growth Index's 18.20% return [1] - The fund's top holding, Curtiss-Wright Corporation (NYSE:CW), reported a one-month return of 10.02% and a 52-week gain of 57.51%, closing at $530.68 per share with a market capitalization of $19.995 billion on September 29, 2025 [2] - Curtiss-Wright Corporation's Q2 2025 sales reached $877 million, marking a 12% year-over-year increase with 9% organic growth [4] Group 2 - Curtiss-Wright Corporation exceeded expectations across major metrics in Q2 2025, leading to an increase in management's guidance for 2025, particularly strong in Defense Electronic and Nuclear sectors [3] - The number of hedge funds holding Curtiss-Wright Corporation increased to 60 in Q2 2025 from 46 in the previous quarter, indicating growing interest among institutional investors [4] - Despite the positive outlook for Curtiss-Wright Corporation, the company is viewed as having less upside potential compared to certain AI stocks, which are considered to carry less downside risk [4]

Company Performance - Emerson Electric closed at $129.02, reflecting a -4.9% change from the previous day, underperforming the S&P 500's daily loss of 0.13% [1] - Over the past month, Emerson Electric's shares gained 2.91%, while the Industrial Products sector and the S&P 500 gained 1.77% and 2.71%, respectively [1] Upcoming Earnings - Analysts expect Emerson Electric to report earnings of $1.62 per share, indicating a year-over-year growth of 9.46% [2] - The revenue forecast for the upcoming earnings report is $4.9 billion, representing a 6.05% increase compared to the same quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $6 per share and revenue at $18.06 billion, showing year-over-year changes of +9.29% and +3.27%, respectively [3] - Recent changes in analyst estimates may indicate shifting business trends, with positive revisions suggesting optimism about the company's outlook [3] Zacks Rank and Valuation - Emerson Electric currently holds a Zacks Rank of 3 (Hold), with a recent upward shift of 0.07% in the Zacks Consensus EPS estimate [5] - The company has a Forward P/E ratio of 22.6, which is lower than the industry average of 22.86, suggesting it is trading at a discount [6] - Emerson Electric's PEG ratio stands at 2.64, compared to the industry average of 1.82, indicating a higher valuation relative to its projected earnings growth [6] Industry Context - The Manufacturing - Electronics industry, part of the Industrial Products sector, has a Zacks Industry Rank of 154, placing it in the bottom 38% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]