Industrial Goods New Highs: D.R. Horton (NYSE:DHI), NF Energy Saving Corp (NASDAQ:NFEC), SPX Corporation (NYSE:SPW), Calgon Carbon Corporation (NYSE:CCC), Snap-on Incorporated (NYSE:SNA)

Posted by on Jul 03, 2014

Research analysts at Barclays hoisted their price target on shares of D.R. Horton (NYSE:DHI) from $28.00 to $34.00 in a report released on Monday. The firm currently has an “overweight” rating on the stock. Barclays’ price target points to a potential upside of 35.46% from the stock’s previous close. D.R. Horton, Inc. (NYSE:DHI) net profit margin is 7.80% and weekly performance is 2.54%. On last trading day company shares ended up $24.67. Analysts mean target price for the company is $24.93. D.R. Horton, Inc. (NYSE:DHI) distance from 50-day simple moving average is 6.52%.

On June 17,2014 The leading energy services provider NF Energy Saving Corp (NASDAQ:NFEC) is having a good June month this year. The company is giving a series of good news in the current month. In the latest news, it has got a $3.38 million contract for a major retrofit project. The contract is signed with an environmental protection company based in China. NF Energy provides its services and solutions to most of the company in China who are in the operating in the segments of coal, power, petrochemical, metallurgy, infrastructure and construction. The contract is to provide the solutions for the problems arising from the industrial coal fired boilers owned by aircraft manufacturing company. NF Energy Saving Corp (NASDAQ:NFEC) shares advanced 3.42% in last trading session and ended the day on $2.72. NFEC Gross Margin is 24.60% and its return on assets is -0.50%. NF Energy Saving Corp (NASDAQ:NFEC) quarterly performance is 68.94%.

SPX Corporation (NYSE: SPW) announced that its Flow Food and Beverage business has been awarded a contract valued at US$18 million / AUD$19 million from GrainCorp Foods. SPX Corporation (NYSE:SPW) shares moved up 0.16% in last trading session and was closed at $109.57, while trading in range of $109.22-$110.91. SPX Corporation (NYSE:SPW) year to date performance is 10.78%.

North Tonawanda officials said a Pennsylvania company that set up shop inside the North Tonawanda wastewater facility in March has added 16 jobs to the city and saved nearly $200,000 annually by leasing underutilized machinery. The company, Calgon Carbon Corporation (NYSE:CCC), signed a $150,000 agreement to lease the facility’s furnace used in the process of collecting carbon.Calgon Carbon Corporation (NYSE:CCC) ended the last trading day at $22.76. Company weekly volatility is calculated as 2.42% and price to cash ratio as 33.50. Calgon Carbon Corporation (NYSE:CCC) showed a positive weekly performance of 2.94%.

Analysts at Robert W. Baird boosted their target price on shares of Snap-On (NYSE:SNA) from $130.00 to $154.00 in a research report issued to clients and investors on Monday. The firm currently has an “outperform” rating on the stock. Robert W. Baird’s price target would suggest a potential upside of 30.39% from the stock’s previous close.Snap-on Incorporated (NYSE:SNA) net profit margin is 11.70% and weekly performance is 1.02%. On last trading day company shares ended up $119.31. Analysts mean target price for the company is $125.83. Snap-on Incorporated (NYSE:SNA) distance from 50-day simple moving average is 2.38%.

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