NEW YORK, November 3, 2016 /PRNewswire/ --
Stock-Callers.com today has its attention to the Industrial Goods sector which is involved in the production of tools,
materials, components, machinery, and other goods used in agricultural, construction, manufacturing, and other industrial
applications. Influencing the sector are product innovation, changes in talent requirements, and energy disruption. Equities
under assessment are Lennar Corp. (NYSE: LEN), TRI Pointe Group Inc. (NYSE: TPH), The Toro Co. (NYSE: TTC), and Snap-on Inc.
(NYSE: SNA). Sign up today and download for free the research reports for the stocks covered today at:
http://stock-callers.com/registration
Lennar
Florida-based Lennar Corp.'s stock finished Wednesday's session at $40.86, which was a slight decline of 0.97% from its previous closing price. A total volume of 2.06 million
shares was traded. Shares of the Company are trading below their 50-day moving average by 6.23%. Moreover, shares of Lennar,
which together with its subsidiaries, engages in the homebuilding activities in the US, have a Relative Strength Index (RSI) of
39.61.
On October 27th, 2016, WCI Communities, Inc. announced the expiration of the 35-day
"go-shop" period under the merger agreement between WCI and Lennar that was previously announced on September 22nd, 2016. During the go-shop period, the WCI's Board - with the assistance of financial
and legal advisors - actively solicited alternative acquisition proposals. WCI's Board of Directors has unanimously approved the
merger agreement, under which Lennar has agreed to acquire all of the outstanding shares of WCI's common stock in a cash and
stock transaction valued at $23.50 per share of WCI's common stock.
On October 31st, 2016, research firm Raymond James upgraded the Company's stock
rating from 'Outperform' to 'Strong Buy'. LEN complete research report is just a click away at:
http://stock-callers.com/registration/?symbol=LEN
TRI Pointe Group
Shares in TRI Pointe Group Inc. ended yesterday's session 1.22% lower at $10.52. A total volume
of 1.92 million shares was traded, which was above their three months average volume of 1.45 million shares. The stock is trading
11.98% below its 200-day moving average. Moreover, shares of TRI Pointe Group, through its subsidiary, TRI Pointe Homes, Inc.,
engages in the design, construction, and sale of single-family attached and detached homes in the US, have an RSI of 19.49.
On October 27th, 2016, TRI Ponte reported that Q3 2016 net income available to common
stockholders was $34.8 million, or $0.22 per diluted share, compared
to $50.2 million, or $0.31 per diluted share, for Q3 2015. The
company generated new home orders of 932 in Q3 2016, down 6% compared to 996 in Q3 2015. Active selling communities averaged
119.0 compared to 120.8 in Q3 2015, a decrease of 1%. Dollar value of backlog at the end of Q3 2016 was $950.2 million, down 14% compared to $1.110 billion at the end of Q3 2015. The
complimentary report on TPH can be downloaded at:
http://stock-callers.com/registration/?symbol=TPH
Toro
On Wednesday, The Toro Co.'s stock declined 0.49%, to close the day at $46.94 with a total
trading volume of 577,705 shares. The Company's shares have advanced 0.92% in the last one month, 2.83% in the previous three
months, and 29.78% on an YTD basis. The stock is trading 7.40% above its 200-day moving average. Additionally, shares of Toro,
which designs, manufactures, and markets professional turf maintenance equipment and services, turf irrigation systems,
landscaping equipment and lighting products, agricultural micro-irrigation systems, rental and specialty construction equipment,
and residential yard and snow thrower products worldwide, have an RSI of 46.26.
On October 7th, 2016, The U.S. Environmental Protection Agency (EPA) presented Toro
with a 2016 WaterSense® Excellence Award for its efforts and education in water conservation. Since 2006, Toro and other
WaterSense partners have helped U.S. consumers save 1.5 trillion gallons of water, more than the amount of water used by all
households in California for a year. Sign up for your complimentary report on TTC at:
http://stock-callers.com/registration/?symbol=TTC
Snap-on
Shares in Snap-on Inc. ended the day 0.17% higher at $152.36 and with a total trading volume of
317,477 shares. The stock has gained 1.28% in the last one month. The Company's shares are trading above their 50-day moving
average by 0.50%. Furthermore, shares of Snap-on, which manufactures and markets tools, equipment, diagnostics, and repair
information and systems solutions for professional users worldwide, have an RSI of 49.21.
On October 20th, 2016, Snap-on reported net sales of $834.1
million for Q3 2016, a 1.5% increase from Q3 2015; excluding unfavorable foreign currency translation and
acquisition-related sales, organic sales increased 2.6%. For Q3 2016, the company's consolidated operating earnings of
$208.2 million improved to 23.0% of revenues as compared to $187.1
million, or 21.2% of revenues in Q3 2015. The company posted Q3 2016 net earnings of $131.7
million, or $2.22 per diluted share, compared to net earnings of $116.8 million, or $1.98 per diluted share, in Q3 2015. Download the research
report for free on SNA at:
http://stock-callers.com/registration/?symbol=SNA
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