Shaw Group posts
FeedPosted Mar 14th 2011 11:30AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, QUALCOMM Inc (QCOM), Texas Instruments (TXN), Analyst Initiations, Las Vegas Sands (LVS), Noble Corporation (NE)
Analyst Upgrades
- Parker-Hannifin (PH) to buy from hold at Deutsche Bank.
- JDSU (JDSU) to buy from hold at Citigroup.
- Noble Corp. (NE) to overweight from neutral at JPMorgan.
- Cerner (CERN) to buy from hold at Auriga.
- Cintas (CTAS) to outperform from neutral at RW Baird.
- American States Water (AWR) to buy from hold at Brean Murray.
- National Semiconductor (NSM) and Texas Instruments (TXN) to positive from neutral at Susquehanna.
- Lululemon (LULU) to buy from hold at ThinkEquity.
- DuPont Fabros (DFT) to top pick from outperform at RBC Capital.
Continue reading Analyst Calls: CERN, DFT, LVS, NE, NSM, OPEN, PH, QCOM, SHAW, TXN ...
Posted Jan 9th 2010 11:20AM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Bed Bath and Beyond (BBBY), Sears Holdings (SHLD), Family Dollar Stores (FDO), Lennar Corp'A' (LEN)
Here are some highlights from this past week's earnings coverage on BloggingStocks:
- Ark Restaurants Corp. (ARKR) shares declined after Q4 earnings fell short of consensus expectations.
- Azz Inc. (AZZ) Q3 net income fell more than expected but the company reaffirmed its earnings outlook.
- Bed Bath & Beyond Inc. (BBBY) reported strong Q3 results, sending shares to a new 52-week high.
- Best Buy Inc. (BBY) declined to lift its earnings forecast despite strong December sales, send shares lower.
- Constellation Brands Inc. (STZ) lower Q3 earnings topped expectations and revenue declined as well.
Continue reading Earnings Highlights: Bed Bath & Beyond, Constellation Brands, Family Dollar, Lennar, Sonic ...
Posted Jan 7th 2010 1:20PM by Brent Archer (RSS feed)
Filed under: Major Movement, Earnings Reports, Good news, Options, Technical Analysis

Shaw Group (
SHAW -
option chain) shares are rising today after
the company reported Q1 earnings last night, posting a loss of $20.5 million, or 25 cents per share. Excluding one-time items, SHAW earned 57 cents per share on revenue of $1.86 billion, topping analysts' forecasts of 47 cents per share on revenue of $1.76 million. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on SHAW.
SHAW opened this morning at $31.49. So far today the stock has hit a low of $31.27 and a high of $33.37. As of 11:55, SHAW is trading at $32.50 up $2.75 (9.2%). The chart for SHAW looks bullish and
S&P gives SHAW a positive 4 STARS (out of 5) buy ranking.
Continue reading Shaw Group Q1 Earnings Beat Estimates
Posted Jul 10th 2009 9:00AM by Steven Mallas (RSS feed)
Filed under: International Markets, Earnings Reports, Industry, Commodities, Oil
The market giveth and the market taketh away -- all in the same day. I was looking at how Shaw Group (NYSE: SGR) performed on Thursday. The company, an engineering firm that provides services relating to the energy and environmental industry for both the government and the private sector, was up 5.6% at the close of trading yesterday, powered by superb volume. But, in the after-hours session, it went down nearly 6.4%.
And, yes, the sell-off was on the back of an earnings report. For the third quarter, Shaw Group made 57 cents per share, excluding its acquisition of Westinghouse. The company made 67 cents per share in last year's similar quarter, also adjusted for the acquisition. Net sales were essentially flat.
Continue reading Shaw Group reports flat sales in Q3, misses estimates
Posted Dec 19th 2008 2:00PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Stocks to Buy, Obama Picks
This post is part of a special report, A Dozen Ways to Play an Obama Building Boom.
"One theme that already seems likely to dominate the playbook for the Obama team is 'infrastructure plus' -- encompassing alternative energy, the environment, and health care," says Patrick DeSouza.
The contributing editor to Steven Leeb's The Complete Investor explains, "These priorities will translate into tremendous opportunities for well-situated firms in these areas." Here are some ideas:
"The Obama Administration is likely to link infrastructure with specific policy priorities such as alternative energies and environmental protection.
"In this way, it can launch public work ventures that create jobs while simultaneously fulfilling campaign promises to tackle climate change and resource degradation. Companies with crossover appeal-a foot in both infrastructure and environmental businesses– are the ones to look at.
"Fluor (NYSE: FLR) and General Electric (NYSE: GE) -- which are already holdings in our growth model portfolio -- both fit this bill, with diversified product lines that range from large-scale infrastructure engineering projects to alternative energy infrastructure to renewable power.
Continue reading Obama team targets infrastructure
Posted Nov 19th 2008 9:12AM by Jim Cramer (RSS feed)
Filed under: Market Matters, Stocks to Buy, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says eventually, the credit markets will thaw, and this one will take off like a rocket. Cheap isn't always relative. Consider the case of
Shaw Group (NYSE:
SGR) (
Cramer's Take), the infrastructure play with the nuclear bent that has tons of business around the world building nuke plants that are competitive with oil and nat gas even at these prices, but obviously are much better for the environment.
Shaw's doing great -- big order book, no cancellations or stretch-outs (unlike
ABB (NYSE:
ABB) (
Cramer's Take) or
McDermott (NYSE:
MDR) (
Cramer's Take)), and most important, its stock is trading a mere dollar and a half above its cash.
It's absurd, as the CEO told me last night on a pre-empted edition of the 6 p.m. "Mad Money." The valuation makes no sense.
Continue reading Cramer on BloggingStocks: Shaw is actually cheap
Posted Oct 11th 2008 1:00PM by Steven Halpern (RSS feed)
Filed under: International Markets, Newsletters, Presidential Elections, Commodities, Oil, Stocks to Buy
This post is part of a series in which TheStockAdvisors.com asked financial experts to name their top stock pick if McCain or if Obama wins the election.
"John McCain has said that nuclear power must be part of a plan to address climate change and reduce our dependence on foreign oil; to benefit from this plan, buy Shaw Group (NYSE: SGR), which constructs and maintains nuclear power plants," says Paul Tracy in his Street Authority Market Advisor.
"Today, nearly half of U.S. electricity is created via conventional coal-fired plants. This made sense for us for decades -- coal is so cheap and plentiful here that the United States is often referred to as the Saudi Arabia of coal.
"However, in the past few years, the tide of public sentiment has shifted against the energy source. Primarily this is due to the emissions created by burning coal for electricity.
"In addition to the well known release of carbon dioxide, coal emissions also contain traces of mercury. On top of that, the rise of China and other emerging markets has led to higher costs for coal.
"So with a public that is increasingly interested in alternative sources of electricity and a president who is committed to increasing nuclear power usage, the companies that build and maintain nuclear plants sit in the perfect position to benefit.
"In particular, I think Louisiana-based Shaw Group is a stock to watch. SGR's largest end market is the construction and maintenance of power plants, including both plants fired by fossil fuels and nuclear facilities.
"The company also owns a 20% stake in Westinghouse Electric, one of the world's leading designers and builders of nuclear power plants.
Continue reading McCain stock: Shaw Group (SGR) goes nuclear
Posted Oct 3rd 2008 9:30AM by Steven Halpern (RSS feed)
Filed under: Microsoft (MSFT), Apple Inc (AAPL), Time Warner (TWX), India, China, Brazil, Newsletters, Mutual Funds, Comcast Cl'A' (CMCSA), Merck and Co (MRK), Canada, , Barclays plc ADS (BCS), EOG Resources (EOG), Presidential Elections, Commodities, Oil, Agriculture, Stocks to Buy, Technology, General Dynamics Corp (GD), Israel, Green Stocks, Northrop Grumman (NOC)
Posted May 14th 2008 5:15PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy
Readers of this space know that in addition to oil / oil services, one of my preferred sectors is: infrastructure / public services. That's because despite the U.S. economic slowdown, global growth proceeds at a better-than-adequate pace, with infrastructure work playing a significant role. And with the aforementioned in mind, The Shaw Group is worth an evaluation.
The Shaw Group (NYSE:
SGR) is a leading supplier of industrial piping systems, including engineering, pipe erection and construction / maintenance services.
Analysts really like the fact that Shaw Group has also positioned itself as one of the largest engineering and construction contractors for the power generation market and as a top environmental services company. Another positive: SGR's large geographic footprint.
Analysts see 7-11% revenue growth for F2008, and 9-12% for F2009, with adequate margins.
The Reuters F2008/F2009 EPS consensus estimates for SGR are $2.30/$3.32.
Continue reading For Shaw Group, the developing world is a lucrative world
Posted Jan 12th 2008 2:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Alcoa Inc (AA), American Express (AXP), Tiffany and Co (TIF), Family Dollar Stores (FDO), KB HOME (KBH), duPont(E.I.)deNemours (DD)
Continue reading Earnings highlights: Alcoa, KB Home, Capital One, Family Dollar, and others
Posted Oct 24th 2007 10:55AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Amgen Inc (AMGN)
MOST NOTEWORTHY: Vodafone, Citrix Systems, STMicroelectronics, Symmetricom and Smith International were today's noteworthy upgrades:
- JP Morgan upgraded shares of Vodafone Group (NYSE: VOD) to Overweight from Neutral, as they believe the company is benefiting from increased data sales.
- Citrix Systems (NASDAQ: CTXS) was upgraded to Outperform from Market Perform at Friedman Billings. The firm's checks indicate that its clear communication strategy and a stronger technology platform behind the Enterprise and Platinum editions is spurring top line growth.
- Baird upgraded shares of STMicroelectronics (NYSE: STM) to Outperform from Neutral based on new product cycle, multiple design wins, valuation, and strong Q4 guidance.
- Cantor upgraded shares of Symmetricom (NASDAQ: SYMM) to Buy from Hold as they find the valuation compelling and are comfortable with Q1 estimates.
- Calyon Securities upgraded Smith International (NYSE: SII) to Add from Neutral following its Q3 report and guidance.
OTHER UPGRADES:
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