There are many countries across the globe that utilize natural gas as transportation fuel. Argentina and Iran are among the world leaders. It is a trend that hasn't really picked up in the U.S. -- until now.
Natural gas is too cheap and too useful to ignore, and it is making inroads in the world of long-distance trucking. In this video, Fool.com contributor Aimee Duffy talks about the efforts of UPS (NYSE: UPS ) and Wal-Mart (NYSE: WMT ) �to take advantage of this growing movement.
The movement toward alternative energy is gaining momentum. One potential opportunity in this field is Clean Energy Fuels, which focuses its natural gas efforts primarily on trucking and fleets. It's poised to make a big impact on an essential industry. Learn everything you need to know about Clean Energy Fuels in The Motley Fool's premium research report on the company. Just click here now to claim your copy today.
10 Best Energy Stocks To Own For 2015: Fastenal Company(FAST)
The Company Is Engaged As A Wholesaler And Retailer Of Industrial And Construction Supplies. The Industrial And Construction Supplies Were Grouped Into Ten Product Lines: Fasteners, Tools And EquipmeNt, Cutting Tools And Abrasives, Hydraulics, Pneumatics, Plumbing And Hvac, Material Handling, Storage And Packaging, Janitorial Supplies, Chemicals And Paints, Electrical Supplies, Welding Supplies, Safety Supplies And Metals, Alloys And Materials.
Advisors' Opinion:- [By Jayson Derrick]
Fastenal Company (NASDAQ: FAST) reported its third quarter results this morning. The company announced an EPS of $0.45, in line with the consensus estimate. Revenue of $980.80 million beat the consensus estimate of $980.10 million. Net earnings for the quarter rose to $375.8 million from $349.41 million in the same quarter a year ago, as the company saw its total average daily sales growth rate higher by 14.3 percent compared to 5.3 percent a year ago. However, gross margins declined by 90 basis points year over year to 50.8 percent (lower than the company's long-term guidance of 51 percent to 53 percent) due to an unfavorable sales mix. Shares hit new 52-week lows of $41.82 before closing the day at $42.54, down 4.83 percent.
- [By Dan Caplinger]
Fastenal (NASDAQ: FAST ) is slated to release its quarterly report on Wednesday. Yet although investors expect Fastenal earnings to improve slightly, the big question is whether any growth will be enough to support the stock's rich valuation. Unless Fastenal can provide a nice surprise on the earnings front, the answer to that question is likely to be no.
- [By Ben Levisohn]
In fact, some of the biggest movers this week were earnings related. Alcoa (AA) got things kicked off on Tuesday–despite its exclusion from the Dow–when it beat earnings handily. It gained 4.5% to $8.32 this week. Safeway (SWY), meanwhile, gained 6.7% to $33.75 after terrible earnings were trumped by asset sales. No such luck for Fastenal (FAST), which plunged 6.3% this week after it missed earnings by a penny.
- [By Monica Gerson]
Wall Street expects Fastenal Company (NASDAQ: FAST) to report its Q3 earnings at $0.41 per share on revenue of $862.54 million. Fastenal shares gained 0.88% to $50.42 in after-hours trading.
Top 5 Trucking Stocks To Watch Right Now: O'Reilly Automotive Inc.(ORLY)
O?Reilly Automotive, Inc., together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company?s stores provide new and remanufactured automotive hard parts, including alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, chassis parts, and engine parts; maintenance items comprising oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives, and appearance products; and accessories, such as floor mats, seat covers, and truck accessories. Its stores also offer auto body paint and related materials, automotive tools, and professional service provider service equipment. The company?s stores sell its brand name and private label products for domestic and imported automobiles, vans, and trucks to do-it-yourself customers and professional service providers. As of March 31, 2011, it operated 3,613 stores. The company was foun ded in 1957 and is headquartered in Springfield, Missouri.
Advisors' Opinion:- [By CanadianValue]
At the end of 2011, Advance Auto Parts (AAP) and O��eilly Automotive (ORLY) were the fifth- and tenth-largest positions in the Fund, respectively, and together constituted 6.2% of our assets. Auto parts retail is a difficult business for all but the most efficient players. An auto parts retailer must carry literally thousands of hard parts for hundreds of models of cars. Not many people walk in the door needing an alternator for a 1994 Ford, but the person who does is probably experiencing a crisis. The retailer who can manage a substantial investment in slow-turning parts inventory is able to earn a high margin on sales.
- [By Matt Thalman]
One of the larger players by market capitalization within the industry is O'Reilly Automotive (NASDAQ: ORLY ) , with a market capitalization of $15.75 billion after today's stock price increase of 9.04%. That move higher came after the company reported a 23% increase in fourth-quarter diluted earnings per share, which hit $1.40 after sales rose 9% to hit $1.62 billion when compared to the same quarter a year ago. Furthermore, this increase to diluted earnings per share marked the 20th consecutive quarterly increase of 15% or more. The company also reported that year-end sales rose 8%, to $6.65 billion, and a 27% increase to diluted earnings per share, which came in at $6.03.
Top 5 Trucking Stocks To Watch Right Now: The Finish Line Inc.(FINL)
The Finish Line, Inc., together with its subsidiaries, operates as a mall-based specialty retailer in the United States. It operates Finish Line stores that offer performance and athletic casual footwear, apparel, and accessories for men, women, and kids. The company also sells merchandise through its Web site, finishline.com. As of September 22, 2011, it operated 646 stores in the United States. The company was founded in 1976 and is headquartered in Indianapolis, Indiana.
Advisors' Opinion:- [By Johanna Bennett]
Finish Line (FINL) tripped and fell hard today. The mall-based sneaker retailer suffered its biggest one-day plunge in more than two years when second-quarter sales were crushed by poor demand for basketball shoes.
At 54 cents a share, second-quarter earnings missed the 60 cents a share forecast by analysts. Sales were $466.9 million in the period, which ended Aug. 30. That missed a prediction of $477.7 million.
The shares dropped 13.3% to $25.49 in late morning market action after earlier falling as low as $25.14.
It�� been a rough week for the footwear market. Finish Line�� results added to fear fueled earlier this week when Skechers (SKX) dropped almost 10% after analysts suggested that sales were slowing.
Nike (NKE), however, had a bang up quarter, beating expectations. �
- [By Shauna O'Brien]
Shares of Finish Line Inc (FINL) were up nearly 6% on Friday morning after the company reported better than expected third quarter results and raised its FY2014 outlook.
FINL’s Earnings in Brief
-FINL reported Q3 earnings of $2.32 million, compared to a a loss of $0.11 million a year ago. On a per share basis, earnings were 5 cents per share.
-On a Non-GAAP basis, EPS came in at 6 cents, 5 cents above analysts’ estimate of 1 cent.
-Revenue for the quarter rose to $364.5 million, up from $296.62 million last year. Analysts expected to see revenue of $354.57 million.
-Comparable store sales increased 7.1% during the quarter.
-Looking ahead, FINL has raised its outlook for FY2014 and now sees earnings between $1.60 and $1.65 per share. Analysts expect to see earnings of $1.59 per share.
CEO Commentary
Chairman and CEO, Glenn Lyon commented: “We are very pleased with the top and bottom line performance we delivered in the third quarter.�Our commitment to developing a premier omni-channel platform is strengthening both our customer relationships and our brand partnerships while also reinforcing our market leadership position. We are continually adapting and refining our strategies in this rapidly evolving retail landscape to ensure we meet the needs of today’s empowered consumer. Finish Line is on the right strategic course and is well-positioned to deliver on our near and longer term goals.”FINL’s Dividend
FINL made no mention of when its next quarterly dividend will be, as the company just paid a 7 cent dividend on December 16. However, it is likely that FINL will announce a 1 cent dividend increase in January.Stock Performance
Finish Line shares were up $1.54, or 5.89%, during pre-market trading Friday. The stock is up 38% YTD.
Top 5 Trucking Stocks To Watch Right Now: LTX-Credence Corporation(LTXC)
LTX-Credence Corporation designs, manufactures, markets, and services automated test equipment solutions for the wireless, computing, automotive, and consumer markets. The company?s product portfolio includes Diamond platform, a package for testing microcontrollers and cost sensitive consumer devices; X-Series platform that offers configurations for optimal testing of ASSP and ASIC, power, automotive, mixed signal, and RF applications; and ASL platform, which is used for testing linear, low-end mixed signal, precision analog, and power management devices. The company also provides various services, including installation and maintenance of test systems, servicing of spare parts, parts and labor warranties on test systems, and training on the maintenance and operation of test systems. LTX-Credence Corporation sells its products through direct sales organization and distributors in the United States, Taiwan, China, Japan, Korea, and southeast Asia. The company was founded i n 1976 and is headquartered in Norwood, Massachusetts.
Advisors' Opinion:- [By CRWE]
LTX-Credence Corporation (Nasdaq:LTXC), a global provider of market focused, cost-optimized ATE solutions, reported that it will present at the Barclays Capital Global Technology, Media and Telecommunications Conference on Wednesday, May 23, 2012 at 4:15 PM EDT. This event will be available over the Internet via live webcast.
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