Canaccord Genuity Sustainability Earnings Preview: Headwinds & Tailwinds

October 25, 2011 12:03 PM EDT
Get Alerts FSYS Hot Sheet
Price: $5.40 --0%

Rating Summary:
    3 Buy, 5 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 5 | Down: 4 | New: 11
Join SI Premium – FREE
Canaccord Genuity Sustainability Earnings Preview: Headwinds & Tailwinds by John Quealy

Quealy said, "We find Street sentiment a bit more constructive overall in the alternative fuel space given favorable natural gas and petroleum-related tailwinds, while the coal technology and bioresources sectors (DAR) are facing legislative and near term commodity pricing challenges, respectively."

Fuel Systems Solutions (Nasdaq: FSYS)(HOLD): While Q3 likely reflects seasonal softness from European OEMs, we look for signs of aftermarket health and geographic growth.

Westport Innovations (Nasdaq: WPRT)(HOLD): Off the recent analyst day, we anticipate elevated business activity across the light, medium and heavy duty segments.

Darling International (NYSE: DAR)(HOLD): We expect a relatively in-line Q3 (down slightly vs. a strong Q2) driven by favorable seasonal factors and strong export demand for fats, partially offset by some dead-stock loss.

Headwaters (NYSE: HW)(BUY): We look for seasonal strength in Q4, with further cost restructuring actions setting the stage for an improved profitability profile in F2012.

Fuel Tech (Nasdaq: FTEK)(HOLD): Bookings appear resilient, even as proposed changes to domestic air pollution regulations cloud the macro.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments

Related Entities

Earnings