Ormat Technologies sees FY21 revenue $645M-$680M, consensus $670.57M » 16:4505/0505/05/21
Sees FY21 adjusted EBITDA…
Ormat Technologies reports Q1 adjusted EPS 42c, consensus 37c » 16:4205/0505/05/21
Reports Q1 revenue…
Pool Corp. raises dividend to 80c per share, share repurchase program by $450M » 09:4105/0505/05/21
Pool Corp. announced that…
Ametek price target raised to $157 from $135 at DA Davidson » 09:2805/0505/05/21
DA Davidson analyst Matt…
Xylem upgraded to Neutral from Sell at Goldman Sachs » 09:0805/0505/05/21
Goldman Sachs analyst…
Xylem price target raised to $97 from $90 at Credit Suisse » 08:4005/0505/05/21
Credit Suisse analyst…
Xylem price target raised to $127 from $112 at RBC Capital » 07:5205/0505/05/21
RBC Capital analyst Deane…
Ametek price target raised to $170 from $160 at Wells Fargo » 07:4205/0505/05/21
Wells Fargo analyst…
Wells Fargo analyst Allison Poliniak-Cusic raised the firm's price target on Ametek to $170 from $160 and keeps an Overweight rating on the shares. The analyst notes the company started 2021 "strong," with an improving core backdrop, disciplined execution, and strong cash flow, which has positioned it well to amplify results with solid deployment on M&A.
Ametek price target raised to $150 from $141 at KeyBanc » 07:3205/0505/05/21
KeyBanc analyst Steve…
KeyBanc analyst Steve Barger raised the firm's price target on Ametek to $150 from $141 and keeps an Overweight rating on the shares. The analyst notes that Ametek opened "the M&A floodgates," deploying $1.85B on five acquisitions with expected annual revenues of about $535M. While the acquisitions are margin dilutive in the near-term, Barger thinks Ametek's solid integration track record and improving cycle demand could drive upside to implied incremental margins in guidance. Lastly, he sees additional M&A as providing further potential upside to estimates given the company's $1.8B in available liquidity.
A.O. Smith EVP Stern sells 44,300 common shares » 16:5405/0405/04/21
In a regulatory filing,…
In a regulatory filing, A.O. Smith general counsel and executive VP James Stern disclosed the sale of 44,300 common shares of the company on May 3 at a price of $70.1522 per share.