Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at professional tools and equipment stocks, starting with Hyster-Yale Materials Handling (NYSE:HY).
Let’s dig into the relative performance of Middleby (NASDAQ:MIDD) and its peers as we unravel the now-completed Q1 professional tools and equipment earnings season.
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the professional tools and equipment industry, including Lincoln Electric (NASDAQ:LECO) and its peers.
Welding and cutting equipment manufacturer ESAB (NYSE:ESAB) announced better-than-expected revenue in Q1 CY2025, but sales fell by 1.7% year on year to $678.1 million. Its non-GAAP profit of $1.31 per share was 8.6% above analysts’ consensus estimates.
Welding and cutting equipment manufacturer ESAB (NYSE:ESAB) reported Q1 CY2025 results exceeding the market’s revenue expectations, but sales fell by 1.7% year on year to $678.1 million. Its non-GAAP profit of $1.25 per share was 3.6% above analysts’ consensus estimates.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Kennametal (NYSE:KMT) and its peers.
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street.
Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
Over the past six months, ESAB has been a great trade. While the S&P 500 was flat, the stock price has climbed by 14.4% to $118.76 per share. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the professional tools and equipment industry, including Fortive (NYSE:FTV) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how ESAB (NYSE:ESAB) and the rest of the professional tools and equipment stocks fared in Q4.
Lift truck and material handling solutions manufacturer Hyster-Yale Materials Handling (NYSE:HY)
will be reporting results tomorrow after market hours. Here’s what to look for.
Welding and cutting equipment manufacturer ESAB (NYSE:ESAB) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 2.7% year on year to $670.8 million. Its non-GAAP profit of $1.28 per share was 9.9% above analysts’ consensus estimates.
