BKE – Revised outlook following quarter report. Last week The Buckle reported $293.6 million in net sales in the fiscal third quarter ending October 2024, providing $44.2 million in net income or $0.88 per share. The top-line was 3.2% lower than the same…
CLMB – Rating change on price movement. Last week shares of Climb Global Solutions were on a steep ramp higher. The price move followed three weeks of price increases after the stock moved up through a line of volume-related price support at the…
LMB – Rating change following price movement. Shares of Limbach Holdings are once again in overbought condition according to the Commodity Channel Index (CCI). The stock is now well beyond our price target of $65.00. The situation is ripe for profit taking and otherwise closing long positions in the stock….
MLR – Downgrade in rating following critical developments. In early November 2024 Miller Industries reported 14% growth year-over-year in revenue to $314.3 million in the third quarter ending September 2024. Unfortunately, net income fell to $15.4 million or $1.35 per share on a steep erosion in the profit margin to 4.9% compared to 6.4% in…
PSIX – Tapping the brake after price movement. In the first week in November 2024, Power Solutions International announced financial results for the third quarter ending September 2024. Sales total $125.8 million, representing 9% growth over the same quarter in the previous year. The Company pulled down $17.3 million in net income or $0.75…