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Zacks News
Apogee's (APOG) Earnings Miss Estimates in Q1, Down Y/Y
by Zacks Equity Research
Apogee's (APOG) Q1 top line declines on lower volumes across its business segments on account of the coronavirus pandemic.
Berry Global Supports Medicom in Producing Face Masks in UK
by Zacks Equity Research
Berry Global (BERY) invests in a new meltblown nonwoven asset at one of its UK manufacturing facilities to support Medicom in producing a large number of face masks.
Here's Why You Should Buy Applied Industrial (AIT) Stock
by Zacks Equity Research
Applied Industrial (AIT) is likely to gain from cost-reduction measures, a diversified business structure and focus on driving operational excellence. Also, synergistic gains from buyouts and shareholders-friendly policies are other tailwinds.
Beverage Can Demand Buoys Crown Holdings Amid Coronavirus Woes
by Zacks Equity Research
Crown Holdings (CCK) will benefit from the rising global beverage-can demand as consumers are favoring cans over other packaging options.
4 Industrial Stocks to Have Outperformed the S&P 500 YTD
by Zacks Equity Research
Despite a disappointing Industrial Products sector's performance, year to date, these four industrial stocks have outshone the S&P 500 and seem poised for a solid finish this year.
A. O. Smith Displays Solid Prospects Despite Persistent Risks
by Zacks Equity Research
A. O. Smith (AOS) will gain from solid demand for water heating and water-treatment products, buyouts, and a robust liquidity position. Weak market demand environment remains concerning.
Graco Launches E-Flo iQ Adhesive & Sealant Dispense System
by Zacks Equity Research
Graco's (GGG) E-Flo iQ adhesive and sealant dispense system helps in the regulation of bead accuracy from the pump to the dispense point efficiently.
Terex to Gain From Growth Initiatives Amid Bleak Demand
by Zacks Equity Research
Despite weak demand and the coronavirus crisis, Terex (TEX) will gain on its initiatives and focus on innovative products, strengthening the company's global footprint.
Xylem (XYL) Displays Bright Prospects Despite Headwinds
by Zacks Equity Research
Xylem (XYL) is likely to benefit from new products, innovation and focus on operational execution in the quarters ahead. However, soft end markets amid the coronavirus pandemic are concerning.
Grainger (GWW) to Divest Distribution Business in China
by Zacks Equity Research
The divestment allows Grainger (GWW) to focus on key business areas and continue to maintain its Global Sourcing operations in China.
Barnes Group (B) Suffers From Weak End Markets Amid Pandemic
by Zacks Equity Research
Weakness in end markets, owing to the coronavirus outbreak-led issues, escalating operating costs and other issues, is concerning for Barnes Group (B).
TriMas Banks on Demand in Packaging Segment Amid Coronavirus
by Zacks Equity Research
TriMas (TRS) benefiting from cost control efforts, gains from its TriMas Business Model and strong demand witnessed by the packaging segment despite weakness in few markets.
Rockwell Automation Shares Up 29% YTD: What's Driving it?
by Zacks Equity Research
Cost-reduction initiatives, acquisitions and expansion of product portfolio are contributing to the rally in Rockwell Automation's (ROK) shares.
Here's Why You Should Add Apogee Stock to Your Portfolio Now
by Zacks Equity Research
Apogee Enterprises (APOG) appears a prudent investment option backed by its focus on improving efficiency and productivity of operations and efforts to increase market share through acquisitions.
Here's Why You Should Hold On to Dover (DOV) Stock for Now
by Zacks Equity Research
Dover (DOV) is worth retaining in the portfolio at the moment, backed by robust backlog and cost-reduction initiatives.
Flowserve (FLS) Displays Strong Prospects Despite Risks
by Zacks Equity Research
Flowserve (FLS) benefits from its strong backlog level, investments in enhancing organic growth and robust liquidity position. However, weakness in oil and gas end markets remains concerning.
4 Industrial Stocks to Buy as U.S. May Retail Sales Instill Hope
by Namrata Chatterjee
As the manufacturing sector is gradually showing signs of revival, we suggest investors to add these four industrial stocks in their portfolio with positive growth projections.
Forget Caterpillar, Buy These 4 Industrial Stocks Instead
by Madhurima Das
With Caterpillar's (CAT) retail sales growth in the red for six consecutive months, we suggest investors to add these four industrial stocks with positive growth projections to their portfolio.
iRobot (IRBT) Hikes Q2 Sales and Operating View, Stock Rises
by Zacks Equity Research
iRobot (IRBT) hikes sales projections for Q2, primarily driven by healthy orders for Roomba and Braava products. Also, it reiterates that the second half of 2020 will be better than the first half.
Caterpillar (CAT) May Retail Sales Fare the Worst Since 2016
by Zacks Equity Research
Caterpillar's (CAT) global retail sales have been in the negative territory for six straight months amid a weak manufacturing backdrop, coronavirus-induced crisis and oil price rout.
Here's Why You Should Add Astec (ASTE) to Your Portfolio Now
by Zacks Equity Research
Astec's (ASTE) expected savings from restructuring activities, focus on innovation and a strong balance sheet make it a compelling investment option.
Xylem (XYL) Declines 19% YTD: What's Affecting the Stock?
by Zacks Equity Research
Xylem (XYL), with shares down 19% so far in 2020, faces risks from difficult end-market conditions due to the pandemic, forex woes and cost inflation. Q2 organic sales are likely to fall 20-30% y/y.
Tetra Tech (TTEK) Announces Its Financial Outlook for FY20
by Zacks Equity Research
Tetra Tech (TTEK) provides its outlook for the third quarter and fiscal 2020.
Here's Why You Should Hold On to Greif (GEF) Stock for Now
by Zacks Equity Research
Greif (GEF) is worth retaining in the portfolio at the moment backed by its strong earnings growth, the Caraustar acquisition, and focus on operational execution and cost-reduction activities.
Graco's HydroShield Waterborne System to Aid in Spraying Tasks
by Zacks Equity Research
Graco's (GGG) HydroShield Waterborne System is developed to help manufacturers in simplifying waterborne material-spraying tasks.