Markets were flat yesterday, yet Paccar Inc, Crane Co., Raytheon Technologies showed impressive gains and made this list of top gainers.
Markets completed a mixed session yesterday while Dow Jones gained 0.31% and closed at 33,734. Nasdaq closed at 11,334, a 0.27% change.
Current market events are being influenced by ambiguous macro data as United States API Weekly Crude Oil Stock released yesterday at 21:30 UTC with a figure of 3.38 million, while the previous figure was 7.62 million.
Despite yesterday's flat session, several industrials stocks are managing to post notable gains. Take a look at the market's Top Gainers:
+3.35%: Raytheon Technologies gains 3.35% within $94 to $108.84 daily range
Bullish sentiment helped the US aerospace and defense company to hammer out a noteworthy $94 to $108.84 range yesterday, and finally closing at $99.47 to end the session. The company has a market cap of $146.23 billion with an average daily volume of 4.65 million shares. So far this year, it has been doing worse than the Dow by 3.15%.
Raytheon Technologies reported earnings results yesterday, with EPS at 1.27 and revenues at $18 billion; these results are mixed when compared to a consensus of 1.24 Earnings Per Share and $18.15 billion revenue. Since the release of its earnings report, Raytheon Technologies gained 3.35%.
+8.64%: Paccar gains 8.64% within $103.5 to $111.43 daily range
Paccar rallied 8.64% and ended the session at $111.08. The company is currently trading with a market cap of $38.63 billion so far this year, it has been outperforming the Nasdaq by 5.78%.
Paccar released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of 2.64 per share on revenue of $7.73 billion, topping estimates of 2.23 per share on revenue of $7.11 billion. Since the release of its earnings report, Paccar gained 8.64%.
Crane | Up 4.85% to $115.5 yesterday
The US industrial products company has fallen back around 4.62% from the significant high of $115.5 set a day ago. The company's market cap currently stands at $6.48 billion with an average daily trading volume of 292,410 shares.
Crane reported earnings results Monday, with EPS at 2.13 and revenues at $824.1 million; these results are mixed when compared to a consensus of 1.89 Earnings Per Share and $825.58 million revenue. Since the release of its earnings report, Crane gained 6.73%.