Latest news with #industrialmachinery
Yahoo
a day ago
- Business
- Yahoo
Dover (DOV) Reports Q2: Everything You Need To Know Ahead Of Earnings
Manufacturing company Dover (NYSE:DOV) will be announcing earnings results this Thursday before market hours. Here's what to expect. Dover missed analysts' revenue expectations by 0.7% last quarter, reporting revenues of $1.87 billion, flat year on year. It was a slower quarter for the company, with a significant miss of analysts' adjusted operating income estimates and a slight miss of analysts' organic revenue estimates. Is Dover a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Dover's revenue to grow 4.5% year on year to $2.04 billion, improving from the 1.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.39 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Looking at Dover's peers in the industrial machinery segment, some have already reported their Q2 results, giving us a hint as to what we can expect. GE Aerospace delivered year-on-year revenue growth of 21.2%, beating analysts' expectations by 15.6%, and 3M reported a revenue decline of 1.6%, topping estimates by 0.9%. GE Aerospace traded down 1.1% following the results while 3M was also down 4%. Read our full analysis of GE Aerospace's results here and 3M's results here. There has been positive sentiment among investors in the industrial machinery segment, with share prices up 7.9% on average over the last month. Dover is up 7% during the same time and is heading into earnings with an average analyst price target of $206.41 (compared to the current share price of $189.90). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
5 days ago
- Automotive
- Yahoo
Cummins Inc. (CMI) Stands To Benefit From AI Build Out, Says Jim Cramer
We recently published . Cummins Inc. (NYSE:CMI) is one of the stocks Jim Cramer recently discussed. Cummins Inc. (NYSE:CMI) is an industrial machinery firm slated to benefit from growing data center construction, according to Jim Cramer. The firm's shares are down by 1.6% year-to-date as the firm has joined other vehicle companies to assess the impact of tariffs on its business. Cummins Inc. (NYSE:CMI)'s stock might have been worse off had it not been for surging interest in data center build out. Here is what Cramer said: 'No I mean data centers are the story again. Pennsylvania data centers. The building of them would be CoreWeave, the President's going to Pennsylvania. Pennsylvania being a hub for all these. Everyone wants to play the parts of data center again. It really cooled in April. No one cared. The stocks got killed. . .I think that you can go back to these stocks. . . .Cummins is there.' Previously, the CNBC TV host discussed Cummins Inc. (NYSE:CMI)'s share price movements after EPA announcements, which led to worries about advance demand for the firm's products evaporating: A mechanic standing proudly in a factory floor surrounded by the engines the company produces. '[On stock moving after EPA's latest comments] Well, they've always, anytime there has been like a tightening of the rules, they always, these companies have done well in pre buy. It's like wow, I can go buy all the engines now before the tariffs so to speak of the EPA. And they lost that wind behind their back.' While we acknowledge the potential of CMI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Dover Corporation (DOV): 'You Just Want To Own Dover,' Says Jm Cramer
We recently published . Dover Corporation (NYSE:DOV) is one of the stocks Jim Cramer recently discussed. Dover Corporation (NYSE:DOV) is one of the largest industrial machinery providers in America. Cramer discussed the stock in the context of booming AI build outs in America. Dover Corporation (NYSE:DOV)'s shares are flat year-to-date as the firm has suffered from the uncertainty created by high tariffs. However, its stock has gained 4% over the pre-Liberation Day announcement high. Cramer's earlier comments about Dover Corporation (NYSE:DOV) have dismissed market worries and advised viewers to buy. Here are his recent thoughts: 'No I mean data centers are the story again. Pennsylvania data centers. The building of them would be CoreWeave, the President's going to Pennsylvania. Pennsylvania being a hub for all these. Everyone wants to play the parts of data center again. It really cooled in April. No one cared. The stocks got killed. . .I think that you can go back to these stocks. . .You just want to own Dover which is a stock we own for the charitable trust, besides Eaton which is there. You want to be there again, because the building is continuing and I just feel like, wow it's a pretty good time.' A modern industrial equipment assembly line in motion. The CNBC TV host discussed Dover Corporation (NYSE:DOV)'s share price performance in June. Here is what he said: 'I look wrong right now on Dover for the club… but I think I'm going to be right. Why? Because I think that Tobin is very smart, the CEO and the stock should never have been thrown back, 19 times earnings. It even went down when steel tariffs went on. I say enough is enough. Buy Dover right now, tomorrow morning.' While we acknowledge the potential of DOV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
16-07-2025
- Business
- Yahoo
Earnings To Watch: Snap-on (SNA) Reports Q2 Results Tomorrow
Professional tools and equipment manufacturer Snap-on (NYSE:SNA) will be announcing earnings results this Thursday before market open. Here's what to look for. Snap-on missed analysts' revenue expectations by 4.1% last quarter, reporting revenues of $1.24 billion, down 3% year on year. It was a disappointing quarter for the company, with a significant miss of analysts' adjusted operating income estimates and a significant miss of analysts' EBITDA estimates. Is Snap-on a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Snap-on's revenue to decline 2% year on year to $1.25 billion, a deceleration from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $4.63 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Snap-on has missed Wall Street's revenue estimates five times over the last two years. Looking at Snap-on's peers in the industrial machinery segment, only Worthington has reported results so far. It beat analysts' revenue estimates by 5.6% and delivered flat year-on-year revenue. The stock traded up 1.8% on the results. Read our full analysis of Worthington's earnings results here. There has been positive sentiment among investors in the industrial machinery segment, with share prices up 4.9% on average over the last month. Snap-on's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $322.39 (compared to the current share price of $313.07). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-07-2025
- Business
- Yahoo
Markforged (MKFG) To Report Earnings Tomorrow: Here Is What To Expect
3D printer provider Markforged (NYSE:MKFG) is expected to be reporting earnings this Tuesday after market close. Here's what to expect. Markforged met analysts' revenue expectations last quarter, reporting revenues of $22.37 million, down 7.4% year on year. It was a softer quarter for the company, with a significant miss of analysts' EPS estimates. Is Markforged a buy or sell going into earnings? Read our full analysis here, it's free. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Markforged has missed Wall Street's revenue estimates twice over the last two years. Looking at Markforged's peers in the industrial machinery segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Graham Corporation delivered year-on-year revenue growth of 20.9%, beating analysts' expectations by 6.6%, and Donaldson reported revenues up 1.3%, falling short of estimates by 0.8%. Graham Corporation traded up 10.3% following the results while Donaldson's stock price was unchanged. Read our full analysis of Graham Corporation's results here and Donaldson's results here. There has been positive sentiment among investors in the industrial machinery segment, with share prices up 6.9% on average over the last month. during the same time. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
