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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 109

Acuity Brands, Inc. Is Lighting The Way Higher
October 7, 2021 6:30 AM ET

Acuity Brands, Inc. Is Lighting The Way Higher

Thomas Hughes

Acuity Brand’s Q4 report proves that systemic headwinds are not the same for all businesses. While the company is experiencing the same challenges as other businesses, internal efforts to offset them and an ongoing restructuring program have the company outpacing inflation.

NYSE:AYI
Read Acuity Brands, Inc. Is Lighting The Way Higher
Lamb Weston Gets Fried By Inflation
October 7, 2021 6:15 AM ET

Lamb Weston Gets Fried By Inflation

Thomas Hughes

Lamb Weston is a great example of why diversified consumer staples companies are a much better choice. As good a company as it is, the business is heavily dependent on potatoes and food service which were a bad combination during the pandemic.

NYSE:LWNASDAQ:KHCNYSE:CAG
Read Lamb Weston Gets Fried By Inflation
Small-Cap Richardson Electronics Electrifies The Market
October 7, 2021 6:00 AM ET

Small-Cap Richardson Electronics Electrifies The Market

Thomas Hughes

Richardson Electronics has been riding a wave of good news that just keeps getting better. The company’s revenue and earnings have been reinvigorated by strengthening trends within the global economy and promise to keep it operating profitably for many years into the future.

NASDAQ:RELL
Read Small-Cap Richardson Electronics Electrifies The Market
Deep-Value Conagra Brands Is A Buy
October 7, 2021 6:00 AM ET

Deep-Value Conagra Brands Is A Buy

Thomas Hughes

Conagra Brands has long been a favorite of ours. Not only does the company present of value relative to its peers and the broad market but it also delivers a high yield.

NYSE:CAG
Read Deep-Value Conagra Brands Is A Buy
Rock Bottom Prices For these Two Dividend Growth Stocks
October 7, 2021 6:00 AM ET

Rock Bottom Prices For these Two Dividend Growth Stocks

Thomas Hughes

Marketbeat.com learned Loop Capital just came out with upgrades on two materials companies and we're not surprised to see the activity. Not only is America on track for some major, nationwide infrastructure spending but construction trends are strong and some recent natural disasters have increased both immediate and long-term needs.

NYSE:MLMNYSE:VMC
Read Rock Bottom Prices For these Two Dividend Growth Stocks
Is This The Bottom for RPM International?
October 7, 2021 4:00 AM ET

Is This The Bottom for RPM International?

Thomas Hughes

RPM International’s fiscal Q1 earnings report confirms that the calendar Q3 earnings season is going to be an interesting one if nothing else. While systemic challenges continue to plague the global supply chain businesses like RPM International are working hard to solve them.

NYSE:RPM
Read Is This The Bottom for RPM International?
A Turning Point For Constellation Brands
October 6, 2021 11:00 AM ET

A Turning Point For Constellation Brands

Thomas Hughes

Constellation Brands has been working hard over the past few years to optimize its portfolio and position itself for market-leading growth. Those efforts are largely paying off if hampered by industry-wide headwinds.

NYSE:STZ
Read A Turning Point For Constellation Brands
3 Truckers Stocks Cashing In On Logistics Demand
October 6, 2021 6:20 AM ET

3 Truckers Stocks Cashing In On Logistics Demand

Thomas Hughes

The trucking industry is at the center of supply chain issues facing the market today. The entire industry has been plagued with a shortage of drivers for years and that cut deeply into capacity and potential for capacity.

NASDAQ:ODFLNASDAQ:ARCBNASDAQ:SAIA
Read 3 Truckers Stocks Cashing In On Logistics Demand
Is It Time To Buy Comtech Telecommunications Company?
October 5, 2021 9:00 AM ET

Is It Time To Buy Comtech Telecommunications Company?

Thomas Hughes

With business rolling in for Comtech Telecommunications Company the way that it is, we really had been expecting better results. That said, the Q4 results and guidance are not worth the 10% decline in share prices staged in the wake of the report

NASDAQ:CMTL
Read Is It Time To Buy Comtech Telecommunications Company?
PepsiCo Shakes Off Supply Chain Issues
October 5, 2021 8:00 AM ET

PepsiCo Shakes Off Supply Chain Issues

Thomas Hughes

PepsiCo's Q3 results confirm a couple of things. Among them are widespread impacts of global supply chain issues but also the company's ability to navigate through those issues and still produce earnings growth.

NYSE:PEP
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3 Industries You Want To Own For Q4
October 5, 2021 4:30 AM ET

3 Industries You Want To Own For Q4

Thomas Hughes

With the S&P 500 gripped with fear and deep into a corrective action a question on the minds of many investors is where to put money in Q4. While the market is plagued by woes stemming from rising fuel costs, raw material inflation, freight shortages, and labor issues these headwinds have a silver lining.

NYSE:XOMNYSEARCA:SOXXNASDAQ:ADP
Read 3 Industries You Want To Own For Q4
Two Downgrades For Dividend-Growth Investors To Cash In On
October 5, 2021 4:15 AM ET

Two Downgrades For Dividend-Growth Investors To Cash In On

Thomas Hughes

Downgrades aren’t events we relish in the stocks we follow but they do often present opportunities that can be used to advantage. Take, for instance, downgrades driven not so much by a deterioration of business but by the size and scope of that business.

NYSE:MMMNASDAQ:TSCO
Read Two Downgrades For Dividend-Growth Investors To Cash In On
What To Expect From The September NFP Report 
October 4, 2021 7:00 AM ET

What To Expect From The September NFP Report 

Thomas Hughes

There has been a debate raging in both political and business circles that is about to be answered. The question? How are Federal unemployment subsidies enacted in the wake of the COVID-19 pandemic impacting labor markets now?

Read What To Expect From The September NFP Report 
Three Reasons The Correction Is Over, For Now
October 4, 2021 7:00 AM ET

Three Reasons The Correction Is Over, For Now

Thomas Hughes

As much as we see the makings of a really deep 20% to 30% correction in the stock market it looks like it isn’t going to happen now. There are signs within the market that lead us to believe the S&P 500 will be retesting its recently set all-time highs very soon.

NYSEARCA:SPY
Read Three Reasons The Correction Is Over, For Now
Bassett Furniture Provides A Bleak Outlook
October 1, 2021 9:00 AM ET

Bassett Furniture Provides A Bleak Outlook

Thomas Hughes

Bassett Furniture did not have a bad quarter. The company produced revenue growth, margin expansion, and revealed high demand remains strong within the industry.

NASDAQ:BSET
Read Bassett Furniture Provides A Bleak Outlook
Don't Buy Sherwin-Williams, Yet
October 1, 2021 9:00 AM ET

Don't Buy Sherwin-Williams, Yet

Thomas Hughes

Sherwin-Williams shocked the market when it lowered guidance for the third quarter. The problem was not so much that guidance was lowered, that was kind of expected in today's environment, the shock is how much the guidance was lowered because it was significant.

NYSE:SHW
Read Don't Buy Sherwin-Williams, Yet
Paychex Is Immune To The Global Systemic Woes
October 1, 2021 3:21 AM ET

Paychex Is Immune To The Global Systemic Woes

Thomas Hughes

It is no doubt that the labor market is strong and the Paychex result proves it. While there are still lingering issues with the labor market, employment conditions have surpassed pre-COVID levels and have companies like PayChex and Cintas on track for sustained growth.

NASDAQ:PAYX
Read Paychex Is Immune To The Global Systemic Woes
A Day Of Reckoning For CarMax
September 30, 2021 11:00 PM ET

A Day Of Reckoning For CarMax

Thomas Hughes

CarMax results reveal the used car industry is not immune to global issues plaguing the market today. Not only are rising costs digging into the bottom line but there is the omnipresent issue of the global semiconductor shortage.

NYSE:KMX
Read A Day Of Reckoning For CarMax
The Rebound Is On For Herman Miller, Or Is It?
September 30, 2021 9:00 AM ET

The Rebound Is On For Herman Miller, Or Is It?

Thomas Hughes

Global Furniture manufacturer Herman Miller reported a strong fiscal first-quarter but there is a big but that investors need to be aware of, the company's top and bottom lines are being heavily impacted by global supply chain issues.

NASDAQ:MLHR
Read The Rebound Is On For Herman Miller, Or Is It?
Jabil Inc. Q4 Results: More Than Meets The Eye
September 30, 2021 8:00 AM ET

Jabil Inc. Q4 Results: More Than Meets The Eye

Thomas Hughes

Jabil Inc. reported a mixed bag of results and outlook for the Q4 and Q1 period sending shares down 10% from their recent high. As mixed as the news is, it is the guidance that really counts and the guidance is positive.

Read Jabil Inc. Q4 Results: More Than Meets The Eye
Headwinds Dampen The Outlook For Worthington
September 30, 2021 4:30 AM ET

Headwinds Dampen The Outlook For Worthington

Thomas Hughes

Worthington is perfectly positioned for the post-pandemic world. The company makes value-added steel products for manufacturing industries of all varieties, as well as consumer goods and materials for the construction industry.

NYSE:WOR
Read Headwinds Dampen The Outlook For Worthington
Cintas Recovery Is Complete
September 30, 2021 4:10 AM ET

Cintas Recovery Is Complete

Thomas Hughes

We can nit-pick the labor data all day long but one thing is clear in Cintas Q1 results.  Employment levels if not conditions have regained their pre-COVID levels.

NYSE:CTAS
Read Cintas Recovery Is Complete
Headwinds Cut deeply Into Enerpac Tool Group Results
September 29, 2021 8:00 AM ET

Headwinds Cut deeply Into Enerpac Tool Group Results

Thomas Hughes

Enerpac Tool Group emerged as a dual narrative story for us early this summer but that story is unraveling. Not only is the Biden infrastructure plan doomed to failure but systemic headwinds are cutting deeply into the recovery.

NYSE:EPAC
Read Headwinds Cut deeply Into Enerpac Tool Group Results
Cal-Maine Brings Calm To The Market
September 29, 2021 7:00 AM ET

Cal-Maine Brings Calm To The Market

Thomas Hughes

We weren't expecting great results from Cal-Maine and we were partly right. The company posted a loss as expected but it was much less than forecast which is good news for those expecting a dividend.

NASDAQ:CALM
Read Cal-Maine Brings Calm To The Market