General Building Materials
(NCS) NCI Building Systems Posts Sluggish Results
Recently, NCI Building Systems, Inc. (NCS) reported discouraging financial results for the first quarter of fiscal 2010. Revenues for the quarter contracted by 29.8% year-over-year driven by the decline in market demand as well as decrease in steel prices. Revenues reached $182.9...
19Mar2010 | vitalstocks | 0 comments | Continued(VMC) Vulcan Materials – Bear of the Day
Despite being the largest producer of construction aggregates and a leading producer of other construction materials, Vulcan Materials (VMC) faces a challenging environment in the construction industry. The economic crisis, leading to a significant reduction in new home construction,...
9Feb2010 | vitalstocks | 0 comments | Continued(VMC) Vulcan Materials Company’s Loss Widens
Vulcan Materials Company (VMC) reported loss from continuing operations of 10 cents per share, below the Zacks Consensus Estimate of break-even in the fourth quarter of 2009. In the fourth quarter, aggregates shipments declined 23% year over year, reducing earnings $0.57 per...
9Feb2010 | vitalstocks | 0 comments | Continued(VMC) Vulcan Materials – Bear of the Day
Despite being the largest producer of construction aggregates and a leading producer of other construction materials, Vulcan Materials (VMC) faces a challenging environment in the construction industry. The economic crisis, leading to a significant reduction in new home construction,...
4Feb2010 | vitalstocks | 0 comments | Continued(FAST) Fastenal Analyst Coverage Initiated at Neutral
We have initiated coverage on Fastenal Co. (FAST) with a Neutral recommendation and a target price of $45. Founded in 1967 and based in Winona, Minnesota, Fastenal is a leading national distributor of industrial and construction supplies and has 2,369 stores in Canada, Mexico,...
25Jan2010 | vitalstocks | 0 comments | Continued(RPM) RPM International – Surging Profits Jump 34%
RPM International (RPM) just posted another earnings surprise on surging profits. Analysts have been quick to raise estimates for the rapidly growing company. Company Description RPM owns subsidiaries that provide industrial and consumer coatings and sealants. The weekend warriors...
19Jan2010 | vitalstocks | 0 comments | Continued(FAST) Fastenal Barely Misses Earnings Expectations
Fastenal Co. (FAST) of Winona, Minnesota has revealed earnings of $45 million or 30 cents per share in the fourth quarter ended December 31, 2009. This was a tad lower than the Zacks Consensus Estimate of 31 cents per share. However, net income declined 29% from $63 million or...
19Jan2010 | vitalstocks | 0 comments | Continued(RPM) RPM International’s Second Quarter Beats Earnings Expectations
RPM International Inc. (RPM) recently reported fiscal 2010 second-quarter earnings of $55.9 million, or 43 cents per share, compared to $41.7 million, or 33 cents in the year-ago quarter. The result also came in ahead of the Zacks Consensus Estimate by 8 cents. The better-than-expected...
8Jan2010 | vitalstocks | 0 comments | Continued(NCS) Tough Times for NCI Building Systems
NCI Building Systems Inc. (NCS) posted a net loss of $3.59 per share for the fourth quarter of fiscal 2009. This includes non cash debt extinguishment and refinancing costs of $99.2 million. Excluding these costs and other special charges, the company posted net income of 4 cents...
9Dec2009 | vitalstocks | 0 comments | Continued(VAL) Valspar Corporation’s Profits Mount
Recently, Valspar Corporation (VAL) reported its results for the fourth quarter and fiscal year ended Oct 30, 2009. Net income per share improved to 49 cents in the quarter from 35 cents in the year ago quarter, helped by lower cost of sales and research and development expenses. Excluding...
1Dec2009 | vitalstocks | 0 comments | Continued(RPM) RPM International Inc. – Earnings in the Fiscal First Quarter 2010
RPM International Inc. (RPM) recently raised its dividend for the 36th consecutive year. Analysts expect earnings growth of 20.41% in fiscal 2010. Company Description RPM International is a holding company for subsidiaries that manufacture specialty coatings and sealants for...
10Nov2009 | vitalstocks | 0 comments | Continued(VMC) Vulcan Materials’ Profit Dips 20%
Vulcan Materials (VMC) reported a 20% fall in net profits to $48 million or 38 cents per share in the third quarter, from $60 million or 53 cents per share in the year-ago period. The decline was on the back of a 19%-29% fall in sales volumes for the company’s key product lines....
4Nov2009 | vitalstocks | 0 comments | Continued(NCS) NCI Building Systems Progresses on CD&R Investment
NCI Building Systems Inc. (NCS) reported that holders of more than 99% of the aggregate principal amount of its outstanding 2.125% Convertible Senior Subordinated Notes due 2024 have delivered valid tenders. This exceeds the threshold of 95% minimum condition to the offer. NCS...
20Oct2009 | vitalstocks | 0 comments | Continued(RPM) RPM International Inc. – Beats Consensus Estimates
RPM Intl. Inc. (RPM) surprised analysts by posting sequential sales growth and estimates are on the rise. Company Description RPM owns subsidiaries that provide industrial and consumer coatings and sealants. The weekend warriors might recognize brand names like Rust-Oleum and...
16Oct2009 | vitalstocks | 0 comments | Continued(FAST) The Fastenal Company Hurt by the Economy
The Fastenal Company (FAST) of Winona, MN reported a drop in earnings to $47.6 million or 32 cents per share in the third quarter of 2009, from $72.9 million or 49 cents in the prior-year quarter. However, the company has managed to meet the Zacks Consensus Estimate. Net sales...
13Oct2009 | vitalstocks | 0 comments | Continued(VAL) Valspar Corporation – Bull of the Day
We are upgrading Valspar Corporation (VAL) shares to Outperform with a target price of $32.00. The company’s solid results and robust margin gains over the past few quarters reflect the dramatic raw material cost reduction, increasing product prices and productivity gains. We...
9Oct2009 | vitalstocks | 0 comments | Continued(NCS) NCI Building Systems Beats Expectations
Yesterday, NCI Building Systems Inc. (NCS) posted third-quarter profit of 25 cents per share, which came in well above the Zacks Consensus Estimate of 2 cents. The better-than-expected earnings primarily came from the company’s cost-reduction programs implemented since November...
10Sep2009 | vitalstocks | 0 comments | Continued(VAL) Valspar Corporation Beats & Raises
Paint and coatings maker Valspar Corporation (VAL) recently reported a 38% y-o-y increase in net earnings to 61 cents per share in the third quarter of fiscal 2009, helped by cost-cutting efforts. Excluding one-time costs for restructuring and other items, Valspar earned 67 cents...
2Sep2009 | vitalstocks | 0 comments | Continued(NCS) NCI Building Systems Obtains Extension of Waivers
Earlier today, NCI Building Systems (NCS) announced that it has obtained an extension of the waivers granted by its senior credit facility lenders until November 6, 2009, giving it more time to arrange for refinancing. Previously, these waivers had been in effect through August...
27Aug2009 | vitalstocks | 0 comments | Continued(VAL) Valspar Profit Improves – raised its earnings estimate for fiscal 2009
Valspar Corp. (VAL) revealed a 38% improvement in profit to $65 million or 61 cents per share for the fiscal third quarter. The world’s sixth largest paint and coatings manufacturer also topped the Zacks Consensus Estimate of 53 cents per share. Net income in the corresponding...
19Aug2009 | vitalstocks | 0 comments | Continued(AAON) AAON Inc. – Growth And Income – Zacks Rank Buy
AAON Inc. (AAON) recently announced record results for the fourth quarter and full year. Annual sales climbed 7% to $279.7 million year over-year. Net income for 2008 jumped 23% to $28.6 million from the year-prior. Both sales and net income hit all-time highs. Company Description AAON...
1Apr2009 | vitalstocks | 0 comments | Continued(AAON) AAON Inc. – Growth And Income – Zacks Rank Buy
AAON Inc. (AAON), which is set to announce results for the fourth quarter on March 11, offers a return on equity (ROE) of 29%, exceeding the industry average of 14%. The company also boasts a solid balance sheet with no debt. AAON’s dividend yield of 2% is in line with...
6Mar2009 | vitalstocks | 0 comments | Continued(MDU) – MDU Resources Group – Income was up big from last year – a 72% increase
MDU Resources Group (MDU) is reporting strong growth numbers from its oil and natural gas production business segments. After the company reported strong second-quarter results on May 2, it went ahead and lifted its full-year guidance. In spite of the run-up in its share price...
30Jul2008 | Shawn | 0 comments | Continued