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Buckingham Bullish On Owens Corning Ahead Of Q3 Earnings Print
Tuesday, October 22, 2019 - 2:09pm | 368Roofing company Owens Corning (NYSE: OC) is expected to discuss on its third-quarter conference call signs of an improving residential end market, according to Buckingham. The Analyst Buckingham Research Group analyst Megan McGrath upgraded Owens Corning from Neutral to Buy with a price target...
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Today's Pickup: Technology Deployment Specialist Velociti Enters Construction Market
Tuesday, September 17, 2019 - 10:15am | 836Good day, Already established in the commercial truck market, Velociti is now entering the booming construction markets, the company said. Velociti provides onsite installation and support for technology deployment. "The construction industry is adopting technology to reduce downtime, improve the...
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Headwinds Loom For Trucking And Construction
Wednesday, June 12, 2019 - 11:07am | 1404As capacity continues to increase in the trucking industry against the backdrop of record levels of new truck and trailer orders in late 2018, outbound tender volumes are only down 3.96 percent year-over-year, setting up an interesting scenario heading into the all-important summer construction...
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The Double Downgrade Hurting Caterpillar's Stock
Tuesday, February 26, 2019 - 12:08pm | 367Dow Jones component Caterpillar Inc. (NYSE: CAT) is likely to see around 55 percent of its end markets peak in 2019, followed by declining earnings in 2020, according to UBS. The Analyst UBS analyst Steven Fisher downgraded Caterpillar from Buy to Sell with a price target lowered from $...
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The Street Reacts To Caterpillar's First Notable Miss In Years
Tuesday, January 29, 2019 - 1:41pm | 898Heavy construction and equipment maker Caterpillar Inc. (NYSE: CAT) reported Monday with fourth-quarter results that fell short of expectations for the first time in around two years. Here's how the Street reacted. The Analysts Morgan Stanley's Courtney Yakavonis maintains an...
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Rapid-Fire Pitch: Keyturn
Tuesday, December 25, 2018 - 10:42am | 639David Bryan believes he has an answer to reducing risk and increasing efficiency in the construction industry supply chain - what he contends is the most fragmented and complex of all supply chains – through a company called Keyturn. Bryan, co-founder of Keyturn, along with colleague Kari...
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'Hammer Time': 3 Reasons Why Credit Suisse Is Bullish On Stanley Black & Decker
Monday, September 17, 2018 - 2:14pm | 474Building products maker Stanley Black & Decker, Inc. (NYSE: SWK) is best-positioned within the space and should grow from a combination of management-level initiatives and a strong macro environment, according to Credit Suisse. The Analyst Credit Suisse's Susan Maklari initiated coverage of...
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What Is Driving The Construction Market Boom?
Friday, September 14, 2018 - 4:42pm | 843With hurricane season in full swing, it makes sense to take a look at the construction market, since it has historically been one of the beneficiaries. This year is expected to be a normal storm year, unlike 2017, which was one of the ten worst years for storms. That said, Hurricane Florence is...
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KeyBanc's Bullish Thesis On Federal Signal Played Out As Expected
Wednesday, August 8, 2018 - 1:27pm | 317Shares of Federal Signal Corporation (NYSE: FSS) gained 17 percent Tuesday and hit a new all-time high of $28.32 in reaction to its second-quarter earnings report. This now puts an end to KeyBanc's year-long bullish stance on the stock. The Analyst KeyBanc Capital Markets' Steve Barger...
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Raymond James Upgrades Homebuilder D.R. Horton After 'Strong' Q3
Wednesday, August 1, 2018 - 2:19pm | 368Construction company D.R. Horton, Inc. (NYSE: DHI)’s upside return on invested capital is enough to warrant a new valuation approach, according to Raymond James. The Analyst Raymond James analyst Buck Horne upgraded D.R. Horton from Outperform to Strong Buy with a price target...
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Imperial Capital Finds 5 Reasons To Like Construction Partners
Friday, June 29, 2018 - 11:47am | 379Construction Partners Inc (NASDAQ: ROAD), a civil infrastructure company that constructs and maintains roadways across multiple southeastern states, should be bought by investors for five reasons, according to Imperial Capital. The Analyst Imperial Capital's Adam Hackel initiated coverage of...
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JPMorgan Sends Beacon Roofing To The 'Penalty Box' After Q2 Miss
Thursday, May 10, 2018 - 4:23pm | 369Beacon Roofing Supply, Inc. (NASDAQ: BECN) saw its stock sell off more than 10 percent in reaction to a notable earnings miss in its fiscal second quarter, prompting JPMorgan to send the company to the "penalty box." The Analyst JPMorgan's Michael Rehaut downgraded Beacon...
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KeyBanc Finds Tutor Perini's Valuation Attractive, Upgrades Stock
Wednesday, February 28, 2018 - 2:54pm | 357Tutor Perini Corp (NYSE: TPC), a construction company, reported after Tuesday's close a top-and-bottom-line beat in its fourth quarter results, which prompted KeyBanc to turn bullish on the stock. The Analyst KeyBanc Capital Markets' Sean Eastman upgraded Tutor Perini's stock ...
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Buckingham Upgrades KB Home After 12% Price Drop
Friday, January 26, 2018 - 1:55pm | 412KB Home (NYSE: KBH) shares have declined over 12 percent in the last few weeks, significantly underperforming its peers, according to Buckingham Research Group. The Analyst Buckingham analyst Mark Weintraub upgraded shares of KB Home from Underperform to Neutral and maintained a $34...
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William Blair: SiteOne Landscape Supply Could Have Robust 2018 With M&A, Margin Expansion
Friday, January 26, 2018 - 11:46am | 418SiteOne Landscape Supply Inc (NYSE: SITE) is poised to benefit from a combination of factors, including healthy landscape demand, growing M&A appetite and margin inflection in 2018, an analyst at William Blair said. The Analyst William Blair analyst Ryan Merkel upgraded shares of SiteOne...