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NAV

Navistar

$34.45

-0.4 (-1.15%)

, PCAR

Paccar

$71.33

-0.9 (-1.25%)

18:59
07/02/19
07/02
18:59
07/02/19
18:59

June Class 8 truck orders drop 69% year-over-year, says JPMorgan

According to ACT Research, Class 8 net orders in June were 13,000 units, down 69% year-over-year, JPMorgan analyst Ann Duignan tells investors in a research note. The analyst points out that truck orders have the largest incremental impact on Navistar (NAV), Paccar (PCAR), Cummins (CMI), Eaton (ETN), Wabco (WBC) and Allison Transmission (ALSN).

NAV

Navistar

$34.45

-0.4 (-1.15%)

PCAR

Paccar

$71.33

-0.9 (-1.25%)

CMI

Cummins

$170.19

-2.66 (-1.54%)

ETN

Eaton

$81.72

-1.46 (-1.76%)

WBC

Wabco

$132.50

0.59 (0.45%)

ALSN

Allison Transmission

$46.24

-0.47 (-1.01%)

  • 23

    Jul

  • 30

    Jul

NAV Navistar
$34.45

-0.4 (-1.15%)

06/19/19
JPMS
06/19/19
NO CHANGE
JPMS
Truck stocks likely to be down on final May data, says JPMorgan
ACT Research yesterday released final truck data for May, and North America Class 8 retail sales were 29,278 units, up 17% year-over-year and up 1% month-over-month, JPMorgan analyst Ann Duignan tells investors in a research note. Builds were 31,519 units in the month, up 32% year-over-year and up 2% month-over-month, while the cancellation rate increased sharply to 22.8% in May, adds the analyst. She thinks the stocks in the truck group will likely be down on the data. Truck orders have the largest incremental impact on Navistar (NAV), Paccar (PCAR), Cummins (CMI), Eaton (ETN), Wabco (WBC) and Allison Transmission (ALSN), according to Duignan.
06/05/19
LOOP
06/05/19
NO CHANGE
Target $44
LOOP
Buy
Navistar market share gains to offset peak in Class 8 market, says Loop Capital
Loop Capital analyst Jeffrey Kauffman kept his Buy rating and $44 price target on Navistar, saying its Q2 earnings were stronger than expected and noting its increase in forward guidance in spite of the broader pessimism about the potential peak coming for the Class 8 truck cycle. The analyst contends that the pessimism on the group "overlooks key aspects" to Navistar's investment story, namely that the company is regaining its lost market share with a 30% share improvement offsetting the 20%-30% sector volume retreat. Kauffman also points to a greater component of Navistar's earnings coming from medium and light duty trucks, offsetting the Class 8 truck peak.
06/05/19
BARD
06/05/19
NO CHANGE
Target $56
BARD
Outperform
Navistar market share story intact, remains a top idea, says Baird
Baird analyst David Leiker said Navistar's Q2 report is further evidence of successful execution against transformation objectives long in the making. The analyst cited its continued gains in market/order share and segment margin improvement. He said the company's underlying structural profit drivers remain intact and the shares remain a top idea. Leiker reiterated his Outperform rating and raised his price target to $56 from $54 on Navistar shares.
06/04/19
JPMS
06/04/19
NO CHANGE
JPMS
May Class 8 truck orders drop 70% year-over-year, says JPMorgan
According to ACT Research, Class 8 net orders in May were 10,800 units, down 70% year-over-year, JPMorgan analyst Ann Duignan tells investors in a research note. The analyst points out that truck orders have the largest incremental impact on Navistar (NAV), Paccar (PCAR), Cummins (CMI), Eaton (ETN), Wabco (WBC) and Allison Transmission (ALSN).
PCAR Paccar
$71.33

-0.9 (-1.25%)

07/02/19
LOOP
07/02/19
DOWNGRADE
Target $62
LOOP
Sell
Paccar downgraded to Sell at Loop Capital on lower economic outlook
Loop Capital analyst downgraded Paccar to to Sell from Hold and lowered his price target on the shares to $62 from $70. In a research note to investors, Kaufman says that despite more positive headlines on trade this past weekend, he continues to see a broader-based deterioration in the level of activity across key global economies and the U.S. economy, leading to continued high inventories across multiple industries. The net impact of this has bee broadening out in levels of weaker demand for both rail and truck traffic, the result of slower industrial production, and creates a more problematic outlook.
07/02/19
LOOP
07/02/19
DOWNGRADE
Target $62
LOOP
Sell
Paccar downgraded to Sell from Hold at Loop Capital
Loop Capital analyst Jeffrey Kauffman downgraded PACCAR to Sell from Hold and lowered his price target on the shares to $62 from $70.
CMI Cummins
$170.19

-2.66 (-1.54%)

06/28/19
CHLM
06/28/19
DOWNGRADE
Target $15
CHLM
Hold
Hydrogenics downgraded to Hold from Buy at Craig-Hallum
Craig-Hallum analyst Eric Stine downgraded Hydrogenics (HYGS) to Hold from Buy while raising his price target for the shares to $15. The analyst expects the takeover by Cummins (CMI) to close at the deal price.
07/01/19
ROTH
07/01/19
NO CHANGE
Target $15
ROTH
Neutral
Hydrogenics price target raised to $15 from $8.50 at Roth Capital
Roth Capital analyst Craig Irwin raised his price target for Hydrogenics (HYGS) to $15 from $8.50, while reiterating a Neutral rating on the shares, following the announcement Cummins (CMI) has agreed to acquire Hydrogenics for $15 per share. The analyst is not surprised Cummins is making a defensive move versus a global competitor.
07/02/19
LOOP
07/02/19
DOWNGRADE
Target $145
LOOP
Sell
Cummins downgraded to Sell from Hold at Loop Capital
Loop Capital analyst Jeffrey Kauffman downgraded Cummins to Sell from Hold and lowered his price target on the shares to $145 from $168.
07/02/19
LOOP
07/02/19
DOWNGRADE
Target $145
LOOP
Sell
Cummins downgraded to Sell at Loop Capital on lower economic outlook
Loop Capital analyst Jeffrey Kaufman downgraded Cummins to Sell from Hold and lowered his price target to $145 from $168. In a research note to investors, Kaufman says that despite more positive headlines on trade this past weekend, he continues to see a broader-based deterioration in the level of activity across key global economies and the U.S. economy, leading to continued high inventories across multiple industries. The net impact of this has bee broadening out in levels of weaker demand for both rail and truck traffic, the result of slower industrial production, and creates a more problematic outlook.
ETN Eaton
$81.72

-1.46 (-1.76%)

04/17/19
KEYB
04/17/19
NO CHANGE
KEYB
Ametek, ITT among top potential acquirers in industrial space, says KeyBanc
KeyBanc analysts Jeff Hammond and Steve Barger think moderating organic growth expectations in 2019 due to tough year over year comps may drive industrials to increasingly look toward inorganic avenues for market outgrowth, or to potentially divest businesses to right-size portfolios. The analysts view Ametek (AME), ITT (ITT), Graco (GGG), and Timken (TKR) as the top potential acquirers, and think Actuant (ATU), Colfax (CFX), Eaton (ETN), Kaman (KAMN), NN, Inc. (NNBR), and Milacron (MCRN) could benefit most from a strategic divestiture.
04/04/19
BOFA
04/04/19
DOWNGRADE
BOFA
Neutral
Eaton downgraded to Neutral on valuation at BofA/Merrill
BofA/Merrill analyst Andrew Obin downgraded Eaton to Neutral from Buy citing "fair valuation" and trimmed its price target to $88 from $90.
WBC Wabco
$132.50

0.59 (0.45%)

04/26/19
WBLR
04/26/19
DOWNGRADE
WBLR
Market Perform
Wabco downgraded to Market Perform from Outperform at William Blair
04/30/19
WOLF
04/30/19
DOWNGRADE
WOLF
Peer Perform
Wabco downgraded to Peer Perform from Outperform at Wolfe Research
Wabco agreed to be acquired by ZF Friedrichshafen for $136.50/share in an all-cash deal.
ALSN Allison Transmission
$46.24

-0.47 (-1.01%)

04/16/19
LBOW
04/16/19
NO CHANGE
LBOW
Neutral
Allison Transmission estimates cut at Longbow on weaker NA On-Highway view
Longbow analyst Faheem Sabeiha lowered his Q1 and full-year estimates for Allison Transmission based on a lower sales outlook for Class 8 Straight and Class 6-7 trucks, stating that he expects the company to report results below consensus expectations in Q1 and reiterate its 2019 sales outlook of down 3% at the midpoint when it reports in early May. The analyst, who expects mixed performance this year in Allison Transmission's largest segment, North America On-Highway, keeps a Neutral rating on the shares.
04/02/19
JPMS
04/02/19
NO CHANGE
JPMS
March Class 8 truck orders drop 66% year-over-year, says JPMorgan
According to ACT Research, Class 8 net orders in March were 15,700 units, down 66% year-over-year, JPMorgan analyst Ann Duignan tells investors in a research note. The analyst points out that truck orders have the largest incremental impact on Navistar (NAV), Paccar (PCAR), Cummins (CMI), Eaton (ETN), Wabco (WBC) and Allison Transmission (ALSN).

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PAYS

Paysign

$11.27

-0.56 (-4.73%)

20:32
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Initiation
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LPTX

Leap Therapeutics

$0.57

-0.5922 (-50.83%)

20:25
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Downgrade
Leap Therapeutics rating change at Raymond James »

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FTNT

Fortinet

$100.07

0.38 (0.38%)

20:25
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Upgrade
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JD

JD.com

$33.57

0.21 (0.63%)

, WVE

Wave Life Sciences

$27.90

-0.07 (-0.25%)

20:25
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Earnings
Notable companies reporting before tomorrow's open »

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JD.com

$33.57

0.21 (0.63%)

WVE

Wave Life Sciences

$27.90

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Rhythm Pharmaceuticals

$21.52

0.38 (1.80%)

JCP

J.C. Penney

$1.10

0.01 (0.92%)

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SBS

Sabesp

$12.21

-0.02 (-0.16%)

20:22
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Earnings
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LINX

Linx S.A.

$7.11

-0.8 (-10.11%)

19:16
11/14/19
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19:16
Recommendations
Linx S.A. analyst commentary at Jefferies »

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CNP

CenterPoint Energy

$26.68

-1.42 (-5.05%)

19:12
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19:12
Downgrade
CenterPoint Energy rating change at Credit Suisse »

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$309.54

0.46 (0.15%)

19:09
11/14/19
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19:09
Periodicals
Kudlow says U.S. near trade agreement with China, Reuters says »

White House economic…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$309.54

0.46 (0.15%)

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BMRN

BioMarin

$75.55

-0.54 (-0.71%)

18:41
11/14/19
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18:41
Hot Stocks
BioMarin CEO: Our products have a very long life cycle »

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OXY

Occidental Petroleum

$37.76

-0.36 (-0.94%)

18:38
11/14/19
11/14
18:38
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18:38
Periodicals
Judge rejects Icahn's suit seeking Occidental acquisition records, Reuters says »

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FTCH

Farfetch

$7.49

-0.54 (-6.72%)

, DGII

Digi International

$15.10

0.33 (2.23%)

18:35
11/14/19
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18:35
Hot Stocks
Fly Intel: After Hours Movers »

UP AFTER EARNINGS:…

FTCH

Farfetch

$7.49

-0.54 (-6.72%)

DGII

Digi International

$15.10

0.33 (2.23%)

AMAT

Applied Materials

$56.89

-0.24 (-0.42%)

KLIC

Kulicke & Soffa

$25.18

-0.22 (-0.87%)

HP

Helmerich & Payne

$39.30

0.04 (0.10%)

WPM

Wheaton Precious Metals

$26.47

-0.12 (-0.45%)

RDNT

RadNet

$15.92

0.09 (0.57%)

RH

RH

$175.19

1.98 (1.14%)

ACB

Aurora Cannabis

$3.29

-0.25 (-7.06%)

OSMT

Osmotica Pharmaceuticals

$4.00

-0.03 (-0.74%)

GLOB

Globant

$108.99

3.975 (3.79%)

DLB

Dolby

$65.56

-0.14 (-0.21%)

NVDA

Nvidia

$209.88

1.33 (0.64%)

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VIA

Viacom

$25.31

0.175 (0.70%)

, VIAB

Viacom

$22.48

0.44 (2.00%)

18:24
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18:24
Hot Stocks
Viacom CEO: The road ahead for the company is very exciting »

In an interview on…

VIA

Viacom

$25.31

0.175 (0.70%)

VIAB

Viacom

$22.48

0.44 (2.00%)

CBS

CBS

$37.62

0.78 (2.12%)

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NVDA

Nvidia

$209.88

1.33 (0.64%)

18:22
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Hot Stocks
Breaking Hot Stocks news story on Nvidia »

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NVDA

Nvidia

$209.88

1.33 (0.64%)

18:04
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Nvidia CEO says Q4 will be much stronger driven by AI and inference »

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BABA

Alibaba

$182.69

0.21 (0.12%)

17:50
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17:50
Syndicate
Alibaba launches Hong Kong IPO »

Alibaba Group Holding…

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17:49
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Conference/Events
William Blair SaaS analyst to hold a luncheon meeting »

SaaS Analyst Pfau holds a…

HP

Helmerich & Payne

$39.30

0.04 (0.10%)

17:49
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Earnings
Helmerich & Payne sees FY20 CapEx approximately $275M-$300M »

57-62% expected for…

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PPG

PPG

$129.82

-0.5 (-0.38%)

, PG

Procter & Gamble

$120.49

-0.15 (-0.12%)

17:49
11/14/19
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17:49
Hot Stocks
Trian Fund exits PPG, cuts Wendy's in Q3 »

Nelson Peltz' Trian…

PPG

PPG

$129.82

-0.5 (-0.38%)

PG

Procter & Gamble

$120.49

-0.15 (-0.12%)

MDLZ

Mondelez

$52.90

0.2 (0.38%)

LM

Legg Mason

$38.60

-0.22 (-0.57%)

GE

General Electric

$11.30

-0.01 (-0.09%)

WEN

Wendy's

$20.90

-0.01 (-0.05%)

BK

BNY Mellon

$48.42

0.07 (0.14%)

SYY

Sysco

$81.51

0.27 (0.33%)

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HP

Helmerich & Payne

$39.30

0.04 (0.10%)

17:48
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Earnings
Helmerich & Payne reports Q4 cont ops EPS 38c, consensus 23c »

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17:47
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Conference/Events
DA Davidson software analysts to hold a dinner meeting »

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MDCO

The Medicines Co.

$50.89

-1.905 (-3.61%)

17:46
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Roth Capital pharmaceuticals analysts to hold a luncheon »

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NVDA

Nvidia

$209.88

1.33 (0.64%)

17:44
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17:44
Hot Stocks
Nvidia CFO says Q3 decline in automotive revenue driven by one-time item »

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CPE

Callon Petroleum

$4.20

-0.265 (-5.94%)

, PSDO

Presidio

$16.56

-0.02 (-0.12%)

17:44
11/14/19
11/14
17:44
11/14/19
17:44
Hot Stocks
Paulson adds Callon Petroleum, lowers stake in Lyft in Q3 »

John Paulson's…

CPE

Callon Petroleum

$4.20

-0.265 (-5.94%)

PSDO

Presidio

$16.56

-0.02 (-0.12%)

OSG

Overseas Shipholding

$1.84

0.045 (2.51%)

STC

Stewart

$43.10

0.11 (0.26%)

AGN

Allergan

$182.47

0.91 (0.50%)

HZNP

Horizon Pharma

$29.82

-0.48 (-1.58%)

ONCE

Spark Therapeutics

$110.78

-0.65 (-0.58%)

MYL

Mylan

$17.26

-0.01 (-0.06%)

S

Sprint

$5.86

-0.21 (-3.46%)

LYFT

Lyft

$41.90

-1.39 (-3.21%)

TMUS

T-Mobile

$76.87

-1.15 (-1.47%)

PCG

PG&E

$6.70

-0.19 (-2.76%)

WCG

WellCare

$301.86

-2.56 (-0.84%)

TSU

Tim Participacoes

$15.53

0.44 (2.92%)

GLD

SPDR Gold Shares

$138.57

0.59 (0.43%)

BHC

Bausch Health

$27.77

0.38 (1.39%)

CELG

Celgene

$110.03

-0.42 (-0.38%)

DISCK

Discovery Inc.

$28.04

0.12 (0.43%)

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17:41
11/14/19
11/14
17:41
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17:41
Conference/Events
BTIG energy analysts to hold a luncheon »

Energy Analysts host…

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