NEW YORK, August 25, 2016 /PRNewswire/ --
Today, Stock-Callers.com assesses the Industrial Goods sector which includes companies that provide capital goods and commercial services, manufactures aerospace and defense equipment, and offer services such as transportation, infrastructure, data processing, human resources, consulting, environmental, security, and printing. Stocks under review are: Quanta Services Inc. (NYSE: PWR), Chicago Bridge & Iron Co. N.V. (NYSE: CBI), Fluor Corp. (NYSE: FLR), and Dycom Industries Inc. (NYSE: DY). These stocks research reports can be downloaded now by simply registering for free at: http://stock-callers.com/registration
Houston, Texas headquartered Quanta Services Inc.'s stock finished Wednesday's session 0.30% lower at $26.28. A total volume of 2.61 million shares was traded, which was above their three months average volume of 2.26 million shares. The Company's shares have advanced 2.02% in the past month, 12.26% over the previous three months, and 29.78% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 7.01% and 19.07%, respectively. Furthermore, shares of Quanta Services, which provides specialty contracting services to the electric power, and oil and gas industries in North America and internationally, have a Relative Strength Index (RSI) of 66.03.
On August 4th, 2016, Quanta Services announced that revenues in Q2 2016 were $1.79 billion compared to revenues of $1.87 billion in Q2 2015. Net income from continuing operations attributable to common stock was $16.6 million, or $0.11 per diluted share, in the reported quarter compared to net income from continuing operations attributable to common stock of $32.0 million, or $0.15 per diluted share, in the year ago period.
On August 05th, 2016, research firm Stifel upgraded the Company's stock rating from 'Hold' to 'Buy', issuing a target price of $28 per share. Your complete research report on PWR can be retrieved for free at: http://stock-callers.com/registration/?symbol=PWR
Chicago Bridge & Iron
On Wednesday, shares in The Hague, the Netherlands headquartered Chicago Bridge & Iron Co. N.V. ended the session at $31.70, down 0.66%. The stock recorded a trading volume of 961,607 shares. The Company's shares are trading 9.82% below their 50-day moving average. Moreover, shares of Chicago Bridge & Iron, which provides conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services worldwide, have an RSI of 34.66.
On July 28th, 2016, research firm MKM Partners reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $46 a share to $42 a share.
On August 10th, 2016, CB&I announced that it has been awarded a contract valued at more than $350 million by a leading electric power holding company for the engineering, procurement, fabrication and construction of a 560-megawatt combined-cycle gas turbine power station located in the Southeastern US. CBI free report is just a click away at: http://stock-callers.com/registration/?symbol=CBI
Irving, Texas headquartered Fluor Corp.'s stock ended yesterday's session 0.60% lower at $52.98 with a total trading volume of 697,427 shares. The Company's shares have advanced 0.78% in the previous three months and 13.15% on an YTD basis. The stock is trading 2.48% above its 50-day moving average and 7.12% above its 200-day moving average. Additionally, shares of Fluor, which through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project management services worldwide, have an RSI of 61.55.
On August 8th, 2016, Fluor announced that the U.S. Department of Energy has exercised its option to extend the current management and operating contract at the Savannah River Site near Aiken, South Carolina, for an additional 22 months. The contract is currently being executed by Savannah River Nuclear Solutions, LLC, a Fluor-led partnership, together with SN3 Stoller Newport News Nuclear and Honeywell. Sign up for your complimentary research report on FLR at: http://stock-callers.com/registration/?symbol=FLR
At the close on Wednesday, shares in Palm Beach Gardens, Florida-based Dycom Industries Inc. recorded a trading volume of 3.23 million shares, which was above their three months average volume of 825,300 shares. The stock finished 7.49% lower at $85.05. The Company's shares have gained 3.34% in the previous three months and 21.57% since the start of this year. The stock is trading above its 200-day moving average by 12.98%. Furthermore, shares of Dycom Industries, which provides specialty contracting services in the US and Canada, have an RSI of 42.48.
On August 23rd, 2016, Dycom Industries announced contract revenues of $789.2 million for the quarter ended July 30th, 2016, compared to $578.5 million for the quarter ended July 25th, 2015. The company's Non-GAAP adjusted net income was $52.7 million, or $1.64 per common share diluted, for the quarter ended July 30th, 2016, compared to net income of $33.8 million, or $0.97 per common share diluted, for the quarter ended July 25th, 2015. Register for free on Stock-Callers.com and download the latest research report on DY at: http://stock-callers.com/registration/?symbol=DY
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