NEW YORK, September 1, 2016 /PRNewswire/ --
Operators in the Industrial Goods space provide components used in agricultural, construction, manufacturing, and industrial applications. These companies offer generally below average dividend yields when compared with the wider market. Equities under evaluation on Stock-Callers.com today are: Summit Materials Inc. (NYSE: SUM), MDU Resources Group Inc. (NYSE: MDU), Vulcan Materials Co. (NYSE: VMC), and MasTec Inc. (NYSE: MTZ). These stocks research reports can be downloaded now by simply registering for free at:
Denver, Colorado headquartered Summit Materials Inc.'s stock finished Wednesday's session 2.57% lower at $19.74, with a total volume of 1.18 million shares traded. Shares of the Company, which through its subsidiaries, produces and sells construction materials and related downstream products, are trading below their 200-day moving average by 0.43%. The stock has a Relative Strength Index (RSI) of 42.73.
On August 3rd, 2016, Summit Material reported that in Q2 2016, net revenue increased 25.4% to $412.6 million compared to $329.0 million in the prior year's quarter. As a percentage of net revenue, gross margin improved to 38.8% compared to 35.2% in the prior year's quarter. In Q2 2016, net income attributable to Summit Materials, Inc. was $13.4 million, and basic EPS was $0.22 per share of Class A common stock. Your complete research report on SUM can be retrieved for free at:
MDU Resources Group
On Wednesday, shares in Bismarck, North Dakota headquartered MDU Resources Group Inc. ended the session at $23.57, up 0.38%. The stock recorded a trading volume of 1.58 million shares, which was above its three months average volume of 1.05 million shares. The Company's shares have gained 0.17% in the last one month, 3.14% in the previous three months, and 31.01% since the start of this year. The stock is trading 17.92% above its 200-day moving average. Moreover, shares of MDU Resources Group, which operates as a diversified natural resource company in the US, have an RSI of 47.83.
On August 11th, 2016, the company's board of directors declared dividend of $0.18 per share on its common stock, unchanged from the previous quarter. Dividends declared for preferred stock are $1.12-1/2 per share on 4.50% Series Preferred stock. $1.17-1/2 per share on 4.70% Series Preferred stock, $1.27-1/2 per share on 5.10% Series Preferred stock. The dividends are payable October 1st, 2016, to stockholders of record September 8th, 2016. MDU free report is just a click away at:
Birmingham, Alabama headquartered Vulcan Materials Co.'s stock ended yesterday's session 2.03% lower at $113.87. A total volume of 1.04 million shares was traded, which was above their three months average volume of 961,490 shares. The Company's shares have advanced 20.57% on an YTD basis. The stock is trading 6.86% above its 200-day moving average. Additionally, shares of Vulcan Materials, which produces and sells construction aggregates, asphalt mix, and ready-mixed concrete primarily in the US, have an RSI of 36.93.
On August 1st, 2016, Vulcan Material reported that total revenues increased $62 million, or 7%, to $957 million in Q2 2016 from $895 million in the year ago quarter. Shipments increased 3%, or 1.3 million tons on y-o-y basis, to 49 million tons. Earnings from continuing operations were $0.93 per diluted share versus $0.37 per diluted share in Q2 2015. Sign up for your complimentary research report on VMC at:
At the close on Wednesday, shares in Coral Gables, Florida headquartered MasTec Inc. recorded a trading volume of 885,533 shares, which was above their three months average volume of 752,900 shares. The stock finished 2.19% lower at $29.45. The Company's shares have surged 20.65% in the last one month, 29.22% over the previous three months, and 69.45% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 12.96% and 42.03%, respectively. Furthermore, shares of MasTec, which provides engineering, building, installation, maintenance, and upgrade services for communications, energy, and utility infrastructure in the US and internationally, have an RSI of 58.66.
On August 4th, 2016, MasTec reported that Q2 2016 revenue was $1.23 billion compared to $1.07 billion in Q2 2015. GAAP net income was $24.4 million, or $0.30 per diluted share, compared to a net loss of $3.8 million, or a loss of $0.05 per diluted share, in Q2 2015. The company stated that 18-month backlog as of June 30th, 2016 was $5.3 billion, compared to $4.1 billion as of June 30, 2015, a 31% increase.
On August 09th, 2016, research firm Maxim Group reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $26 a share to $35 a share. Register for free on Stock-Callers.com and download the latest research report on MTZ at:
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