NEW YORK, November 6, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Pentair, Inc. (NYSE: PNR), Barnes Group Inc. (NYSE: B), CIRCOR International, Inc. (NYSE: CIR), Mueller Water Products, Inc. (NYSE: MWA), and H&E Equipment Services Inc. (NASDAQ: HEES). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Pentair, Inc. Research Report
On October 22, 2013, Pentair Ltd. (Pentair) reported its Q3 FY 2013 (period ended September 28, 2013) financial results with total sales of $1.8 billion, up 110.8% YoY. Net income attributable to Pentair was $172.8 million or $0.85 per diluted share in Q3 FY 2013, compared to net income attributable to Pentair of $31.4 million or $0.31 per diluted share in Q3 FY 2012. "We continued to see strength in the North American residential recovery and our global food and beverage markets, which were offset by a much weaker than expected Australian economy," said Randall J. Hogan, Pentair's Chairman and CEO. "Although the top line fell modestly short of our expectations, our robust margin expansion again demonstrated the power of the Pentair Integrated Management System (PIMS) working and delivering ahead of schedule on our integration and standardization synergies." The Company added that it anticipates full-year FY 2013 sales of $7.4 billion and adjusted EPS in the range of $3.19 to $3.21. The Full Research Report on Pentair, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2bad_PNR]
Barnes Group Inc. Research Report
On October 31, 2013, Barnes Group Inc. (Barnes Group) announced that it has completed the acquisition of the operating companies of privately held Männer. Barnes Group stated that it has purchased the capital stock of the Männer operating companies for €275 million, subject to the terms of the purchase agreement. "We are pleased to complete the Männer transaction and welcome its skilled workforce to Barnes Group," said Patrick Dempsey, President and CEO of Barnes Group. "Männer's precision manufacturing capabilities, highly-engineered products and system solutions, and complementary end-markets in the injection molding industry, allow Barnes Group to extend its growth opportunities and technical capabilities in this highly desirable industry." The Full Research Report on Barnes Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/89ef_B]
CIRCOR International, Inc. Research Report
On October 30, 2013, CIRCOR International, Inc. (CIRCOR) announced that its Board of Directors has declared a regular quarterly dividend of c.$0.04 per share on CIRCOR's common stock. According to the Company, the dividend is payable on November 29, 2013 to shareholders of record as of the close of the business on November 15, 2013. The Full Research Report on CIRCOR International, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/329e_CIR]
Mueller Water Products, Inc. Research Report
On October 23, 2013, Mueller Water Products Inc. (Mueller Water Products) announced that its Board of Directors has declared a quarterly dividend of c.$0.02 per share. According to the Company, the dividend is payable on or about November 20, 2013 to stockholders of record at the close of the business on November 8, 2013. Additionally, the Company announced that its Annual Meeting of Stockholders will be held on January 29, 2014 at 10:00 a.m., local time, in Atlanta, Georgia, and all unit holders on record as of December 2, 2013 will be entitled to vote at the meeting. The Full Research Report on Mueller Water Products, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/176c_MWA]
H&E Equipment Services Inc. Research Report
On November 1, 2013, H&E Equipment Services Inc. (H&E) reported its Q3 2013 financial results with revenue growth of 32.2% YoY to $270.4 million. Net income for the quarter totaled $14 million during Q3 2013, compared to $3.7 million in Q3 2012. Adjusted EBITDA grew 25.2% YoY to $70 million during the quarter. John Engquist, H&E's CEO said, "Our business performed exceptionally well during the third quarter as a result of our continued focus on solid execution, capitalizing on market cycle expansion and strong industrial market penetration. We believe the positive trends that we are seeing in our business will continue through the balance of this year and into 2014, where we anticipate additional fleet growth and market expansion in our industrial markets, where we believe there will be continued high demand, and in the commercial construction sector, where we believe there will be expanding opportunities." The Full Research Report on H&E Equipment Services Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5786_HEES]
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts' Corner