Zacks Industry Outlook Highlights OSI Systems, TTM Tech and American Superconductor
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For Immediate ReleaseChicago, IL – December 6, 2024 – Today, Zacks Equity Research discusses OSI Systems OSIS, TTM Technologies TTMI and American Superconductor AMSC.Industry: Electronics ComponentsLink: https://www.zacks.com/commentary/2379602/electronics-components-industry-prospect-bright-3-stocks-to-buyThe Zacks Electronics - Miscellaneous Components industry is benefiting from the ongoing automation drive and increased spending by manufacturers of semiconductors, automobiles, machinery and mobile phones. Industry players like OSI Systems, TTM Technologies and American Superconductor are well-poised to benefit from the solid adoption of AI and the democratization of IoT, which are transforming robotics, industrial automation, transportation systems, retail and healthcare.Easing supply-chain constraints are benefiting industry participants. However, a challenging global macroeconomic environment and end-market volatility are concerning for the industry. Persistent inflation, growing geo-political tensions and foreign-currency headwinds are taking a toll on the industry players.Industry DescriptionThe Zacks Electronics - Miscellaneous Components industry primarily comprises companies providing various accessories and parts used in electronic products. The industry participants’ offerings include power control and sensor technologies to mitigate equipment damage, testing products for safety, and advanced medical solutions. They cater to varied end markets, such as telecommunications, automotive electronics, medical devices, industrial, transportation, energy harvesting, defense and aerospace electronic systems, and consumer electronics. Customers in this industry are mainly original equipment manufacturers, independent electronic component distributors and electronic manufacturing service providers.3 Trends Shaping the Future of Electronics - Miscellaneous Components IndustryAutomation Boom a Tailwind: The requirement for faster, more powerful and energy-efficient electronics leads to increased automation. Control systems, such as computers, and robots and information technologies for handling different processes and machinery are driving the industry. The growing installation of collaborative robots, which add efficiency to production processes by working with production workers, will benefit the industry participants. IoT-supported factory automation solutions are other contributing factors. The evolution of smart cars and autonomous vehicles is expected to drive growth for the industry.Miniaturization Remains a Key Lever: The industry participants are benefiting from the ongoing transition in semiconductor manufacturing technology. Demand for advanced packaging, enabling the miniaturization of electronic products, remains strong. The consistent shift to smaller dimensions, the rapid adoption of device architectures like FinFET transistors and 3D-NAND, and the increasing utilization of new manufacturing materials to increase transistor and bit density are driving the demand for solutions provided by industry players.Geo-political Tensions Are Worrisome: The ongoing Russia-Ukraine war and, the souring relationship between the United States and China are headwinds. Increasing dependency on AI-backed electronic devices on semiconductors and current restrictions ordered by the United States on trading with China, which remains the main hub for chip production, is a significant negative for the underlined industry.Zacks Industry Rank Indicates Bright ProspectsThe Zacks Electronics – Miscellaneous Components industry is housed within the broader Zacks Computer and Technology sector. It carries a Zacks Industry Rank #44, which places it in the top 18% of more than 250 Zacks industries.The group’s Zacks Industry Rank, basically the average of the Zacks Rank of all the member stocks, indicates bright near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one.Before we present a few stocks worth considering for your portfolio, let us look at the industry’s recent stock-market performance and the valuation picture.Industry Underperforms S&P 500 & SectorThe Zacks Electronics - Semiconductors industry has underperformed the Zacks S&P 500 composite and the broader Zacks Computer and Technology sector in the past year.The industry has returned 19.4% over this period compared with the S&P 500’s appreciation of 38.4% and the broader sector’s rally of 33.4%.Industry's Current ValuationBased on the forward 12-month price to earnings (P/E), a commonly-used multiple for valuing electronics - miscellaneous components stocks, the industry is currently trading at 21X compared with the S&P 500’s 22.65X and the sector’s 27.02X.In the past five years, the industry has traded as high as 27.04X and as low as 15.98X, with a median of 21.39X.3 Electronics - Miscellaneous Components Stocks to BuyAmerican Superconductor: This Ayer, MA-based company’s dominance in alternative energy solutions has been pivotal. Its cutting-edge offerings, from grid interconnection systems to high-temperature superconductor cables, cater to the surging demand for renewable energy and grid modernization. As the transition to green energy gains momentum, AMSC is well-positioned to ride this wave.This Zacks Rank #1 (Strong Buy) company’s portfolio addresses key sectors like wind energy, marine systems and power grid resilience. These industries are booming due to the increasing global focus on clean energy and energy efficiency. You can see the complete list of today’s Zacks #1 Rank stocks here.American Superconductor has appreciated 216.2% in the year-to-date period. The Zacks Consensus Estimate for AMSC’s fiscal 2025 earnings has been steady at 50 cents per share in the past 30 days.TTM Technologies: This Santa Ana, CA-based company is benefiting from strong demand for its solutions in aerospace and defense and data center computing end markets.TTMI ended the third quarter of 2024 with a record program backlog of roughly $1.49 billion in the aerospace and defense market. Acquisitions of Anaren and Telephonics are helping TTM generate more than 50% of revenues from engineered and integrated electronic products in the aerospace and defense market, simultaneously expanding its operating margin.TTM shares have returned 55.8% year to date. The Zacks Consensus Estimate for 2024 earnings has been steady at $1.59 per share in the past 30 days.OSI Systems: This Hawthorne, CA-headquartered company is a vertically integrated designer and manufacturer of specialized electronic systems and components. Its products are primarily utilized for critical homeland security, healthcare, defense and aerospace applications.OSI is riding on its strong portfolio of security screening solutions. Its strong contract wins for mobile cargo, vehicle inspection, and advanced security inspection technology and services are major positives.This Zacks Rank #2 (Buy) company benefits from its strengthening optoelectronics business. OSI’s growing customer base across multiple industries bodes well for long-term prospects.OSI Systems has returned 39.9% in the year-to-date period. The Zacks Consensus Estimate for OSIS’ fiscal 2025 earnings has been revised upward by a penny to $9.13 per share over the past 30 days.Why Haven't You Looked at Zacks' Top Stocks?Since 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.Today you can access their live picks without cost or obligation.See Stocks Free >>Media ContactZacks Investment Research800-767-3771 ext. 9339support@zacks.comhttps://www.zacks.comPast performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.1% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Superconductor Corporation (AMSC): Free Stock Analysis Report TTM Technologies, Inc. (TTMI): Free Stock Analysis Report OSI Systems, Inc. (OSIS): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks
Ausgewählte Hebelprodukte auf American Superconductor
Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf American Superconductor
Der Hebel muss zwischen 2 und 20 liegen
Name | Hebel | KO | Emittent |
---|---|---|---|
American Superconductor Corp./KO/Call [endlos]/MS | 3.66 | 22.10 | Morgan Stanley |
American Superconductor Corp./KO/Call [endlos]/MS | 2.97 | 20.13 | Morgan Stanley |
American Superconductor Corp./KO/Call [endlos]/MS | 2.34 | 20.12 | Morgan Stanley |
American Superconductor Corp./KO/Call [endlos]/MS | 2.10 | 16.08 | Morgan Stanley |
Name | Hebel | KO | Emittent |
---|---|---|---|
Für diesen Basiswert sind keine Produkte mit dem gewählten Hebel verfügbar |
Quelle: Zacks
Nachrichten zu American Superconductor Corp
Analysen zu American Superconductor Corp
Datum | Rating | Analyst | |
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06.07.2018 | American Superconductor Neutral | B. Riley FBR, Inc. | |
21.07.2017 | American Superconductor Mkt Perform | FBR & Co. | |
28.04.2017 | American Superconductor Buy | Rodman & Renshaw, LLC | |
28.04.2017 | American Superconductor Outperform | FBR & Co. | |
19.05.2016 | American Superconductor Outperform | FBR Capital |
Datum | Rating | Analyst | |
---|---|---|---|
28.04.2017 | American Superconductor Buy | Rodman & Renshaw, LLC | |
28.04.2017 | American Superconductor Outperform | FBR & Co. | |
19.05.2016 | American Superconductor Outperform | FBR Capital | |
13.01.2016 | American Superconductor Buy | Rodman & Renshaw, LLC | |
17.03.2011 | American Superconductor buy | Jefferies & Company Inc. |
Datum | Rating | Analyst | |
---|---|---|---|
06.07.2018 | American Superconductor Neutral | B. Riley FBR, Inc. | |
21.07.2017 | American Superconductor Mkt Perform | FBR & Co. | |
04.07.2011 | American Superconductor hold | Citigroup Corp. | |
07.04.2011 | American Superconductor hold | Citigroup Corp. | |
07.04.2011 | American Superconductor equal-weight | Barclays Capital |
Datum | Rating | Analyst | |
---|---|---|---|
21.01.2009 | American Superconductor neues Kursziel | RBC Capital Markets | |
11.06.2008 | American Superconductor neues Kursziel | RBC Capital Markets |
Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für American Superconductor Corp nach folgenden Kriterien zu filtern.
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