After hours: 5:14PM EDT
|Bid||52.98 x 800|
|Ask||52.99 x 800|
|Day's Range||52.60 - 53.36|
|52 Week Range||35.88 - 56.86|
|Beta (3Y Monthly)||1.82|
|PE Ratio (TTM)||43.05|
|Earnings Date||Aug 6, 2019 - Aug 12, 2019|
|Forward Dividend & Yield||0.76 (1.43%)|
|1y Target Est||51.75|
TPI Composites' (TPIC) acquisition of an engineering team will allow it to offer complete blade solutions, with large scale application of the technical expertise in blade engineering and mold design.
Flowserve Corporation, (FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Sanjay Chowbey will join Flowserve as President, Aftermarket Services & Solutions, beginning Monday, July 15. Mr. Chowbey takes on the role previously held by Kirk Wilson, who will be the new President of Flowserve’s Flow Control Division, following the retirement of John Lenander. Mr. Chowbey recently served as President of the Subcom Business Unit at TE Connectivity, a subsea communication infrastructure business.
Despite strong job addition by professional and business services, health care, transportation and warehousing and construction, it was the manufacturing sector that surprised all.
With solid bidding and order activity, favorable outlook for North America commercial markets and positive growth projections, Apogee (APOG) is worth retaining in the portfolio at the moment.
EnPro Industries' (NPO) buyout of Aseptic Group will strengthen business in biopharmaceutical and pharmaceutical industries.
Lower backlog, high steel prices and a weak agricultural market are likely to weigh on Lindsay Corporation's (LNN) third-quarter fiscal 2019 results.
Harsco's (HSC) acquisition of Clean Earth will create additional growth opportunities for its Metals & Minerals segment, and immediately be accretive to margins and free cash flow.
Kaman (KAMN) is poised to gain from strengthening aerospace businesses, divestment of distribution business and shareholder-friendly policies.
Actuant's (ATU) third-quarter fiscal 2019 results gain from improvement in margin profile. It estimates earnings to be higher in fiscal 2019 and sales to be lower.
Graham's (GHM) divestment of its commercial nuclear utility business to Hayward Tyler will likely help it focus on more profitable businesses as well as boost margins and earnings.
Emerson's (EMR) new Appleton ATX FNLED luminaire and upgraded Appleton ATX FELED luminaire will offer energy efficient and reliable lighting solution across industrial facilities.
II-VI's (IIVI) high power laser bars and new simplified semi-framed stack structures, along with fully automated optical alignment processes will enable it to offer modular assemblies at optimum cost.
A strong and broad-based gain in U.S. factory output provided some respite to concern that the manufacturing sector is cooling in the face of a lingering trade war with China.
Flowserve Corp NYSE:FLSView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low and declining * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for FLS with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on May 21. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding FLS are favorable, with net inflows of $8.98 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Concerns over rising interest rates and expected further rate increases have hit several stocks hard during the fourth quarter. Trends reversed 180 degrees during the first quarter amid Powell's pivot and optimistic expectations towards a trade deal with China. Hedge funds and institutional investors tracked by Insider Monkey usually invest a disproportionate amount of their […]