Filtered library · Theme
Cyclical industrials theme · 70 dossiers
Dossiers in the Cyclical industrials theme cluster — 70 names moving on shared catalysts.
Theme runProduced by the theme run on 20 September 2026, maturing.
All 70 are dated research with a published kill line — the level named in advance that would prove the call wrong.
All dossiers RXO RXO, Inc. fresh MEDIUM Freight-cycle recovery intact; sell-side has fully caught up into a $20–35 battleground — bears $20 (Goldman 07-16, Susquehanna 07-14), bulls $30–35 (BMO $35 initiation 07-14, Stifel/Truist/Citi $30). Narrative matured from mispriced to… ARCB ArcBest Corporation fresh LOW ArcBest’s cost-reduction rebound failed its published price condition at the 2026-09-18 weekly close of $128.73. Third-quarter results still test recurring savings and preservation of the second-quarter 90.8% adjusted Asset-Based operating… JBHT J.B. Hunt Transport Services, Inc. fresh LOW J.B. Hunt’s freight-recovery thesis was invalidated by the 2026-09-18 weekly close below $265. The estimated 2026-10-15 report tests whether intermodal pricing and profit growth can support a separate recovery case after September’s cost… XPO XPO, Inc. fresh LOW XPO, Inc.'s shipment-and-margin thesis failed its price test when the 2026-09-18 weekly close of $174.25 breached $185. The 2026-10-29 results still test shipment growth and management's guidance for an adjusted less-than-truckload… BWMN Bowman Consulting Group Ltd. HIGH Bowman Consulting Group’s $43.00 cash acquisition makes merger completion the central thesis. The case resolves with payment of the announced consideration before a daily close below $40.50; the 2026-09-13 go-shop deadline narrows… AGCO AGCO Corporation MEDIUM AGCO Corporation's valuation reflects a 2027 farm-equipment recovery that remains unconfirmed by reported demand. A weekly close above the $139.71 market high recorded as of 2026-09-04 and Q3 results meeting July guidance would confirm the… CLF Cleveland-Cliffs Inc. fresh MEDIUM Cleveland-Cliffs’ tariff-supported cash-flow recovery needs another positive quarter and a weekly close above $12.50. A weekly close below $11.62 would invalidate the recovery, while unresolved labor terms remain the nearest operating… CNH CNH INDUSTRIAL N.V. MEDIUM CNH Industrial's farm-equipment recovery is being priced ahead of earnings after September's analyst upgrades. The next quarterly report tests margin recovery, while a weekly close below $12.50 invalidates the re-rating leg. HNI HNI Corporation fresh MEDIUM HNI Corporation’s Steelcase integration could sustain earnings growth despite weak organic sales, but the September 18 close broke the prior shelf. The next quarterly report tests delivery against July’s raised outlook; a weekly close… MTW The Manitowoc Company, Inc. MEDIUM Manitowoc's crane-order recovery supports its re-rating if Q3 backlog holds at least $1,050.1 million and raised 2026 profit guidance survives. A weekly close below $18 invalidates the price thesis; the Q3 reporting date remains… RCMT RCM Technologies, Inc. MEDIUM RCM Technologies’ energy-services re-rating requires continued Engineering growth and stable margins. Q3 revenue above the segment’s $39.5 million Q2 level and consolidated gross margin of at least 25.7% would confirm the case, provided a… MAN ManpowerGroup fresh LOW Cyclical staffing inflection confirmed by the 2026-08-07 10-Q, but sell-side marks stopped moving 2026-07-20 and the next company binary is ~2026-10-15. SID Companhia Siderurgica Nacional S.A. (CSN) fresh LOW New-CEO deleveraging story: Fabio Schvartsman replaced 24-year CEO Benjamin Steinbruch on 2026-09-03 and the ADR ran from $1.13 (09-01) to $1.22 (09-04) with RSI at 79.2, while R$42.1bn net debt and 3.49x leverage are untouched until a… TITN Titan Machinery Inc. LOW Titan Machinery’s farm-equipment recovery re-rating requires falling total inventory and preserved earnings guidance at its next quarterly report. A weekly close below $23 would invalidate the market thesis before confirmation. ARXS Arxis, Inc. MEDIUM Arxis’ defense-and-space acquisition story needs another revenue-guidance increase at the next quarterly report to confirm acceleration. The case requires organic growth to hold at the 21% reported on 2026-07-29 and ends first if a weekly… BHE Benchmark Electronics fresh MEDIUM Beat-and-raise on 2026-07-29 (rev $756M +18% YoY, AC&C +71% YoY, FY26 lifted to ~$3B/+13%) was fully sold: price round-tripped from the $98.67 52-week high to $81.75 on 2026-08-14. The AI-cooling and lidar picks-and-shovels leg is… CERT Certara, Inc. MEDIUM The self-help leg is intact and quiet: FY26 guidance was reaffirmed at the 2026-08-04 Q2 print ($367–382M revenue, $0.31–0.36 adj EPS), the ~$13M cost takeout first shows up in Q3 numbers, and the shares have held four closes between $8.13… CMCO Columbus McKinnon Corporation MEDIUM First full combined quarter post-Kito Crosby beat hard (adj EPS $0.61 vs $0.27 est) and drove a guidance raise on all three lines on 2026-07-30; the leg being bought is deleveraging from 4.9x toward sub-4x by FY28 on $70M of synergies. No… CTOS Custom Truck One Source, Inc. MEDIUM Utility T&D / grid-capex cycle with CTOS as the laggard specialty-rental picks-and-shovels name; the June breakout to $11.36 has stalled, retracing ~10% to retest the ~$10 shelf into a binary 2026-07-29 Q2 print. Theme now maturing and… CXT Crane NXT, Co. fresh MEDIUM The post-print give-back stopped rather than reversed: $50.20 on 2026-08-21 and $50.06 on 2026-09-04, RSI back to 49.5, with the $47 washout shelf untested since the 2026-08-19 $48.06 open. The sell-side anchor reset lower in the same… EDRY EuroDry Ltd. fresh MEDIUM EuroDry’s freight-led revaluation needs third-quarter charter earnings to sustain the second-quarter level. Confirmation requires reported TCE of at least $20,398 per vessel per day before a weekly close below $57.43; Panamax earnings of… FET Forum Energy Technologies, Inc. MEDIUM Forum Energy Technologies’ operating-leverage re-rating needs Q3 revenue of $225–245 million and retained full-year guidance. Those results plus a weekly close above the September 11 reference high of $86.31 would confirm the case; a… FSLR First Solar, Inc. fresh MEDIUM Section 232 supplied a new leg: the 2026-08-06 proclamation sets a $0.38/W minimum import price on modules from 2026-12-04, above the ~$0.36/W FSLR struck on Q2 US bookings. Baird upgraded 2026-08-11 with a target moved to $318 from $205.… GCT GigaCloud Technology Inc MEDIUM GigaCloud Technology's operating-leverage rerating remains the thesis; a weekly close above $53.25 would confirm price continuation, while a weekly close below $45 would invalidate it. Third-quarter results test whether the August margin… MEI Methode Electronics fresh MEDIUM Data-center power pivot is revenue-confirmed — record >$80M FY26 segment sales and an FY27 guide ($1.025–1.075B vs ~$952M Street) — but the post-print momentum leg has faded ~26% from the $20.38 high to ~$15. The re-rate is spent and the… WEX WEX Inc. MEDIUM Hated fuel-card/fintech inflecting: the 2026-07-22 Q2 beat (Adj EPS $5.35 vs $5.05) and FY26 guide raise to $19.68-$20.08 discredit the EV-kills-fuel-cards and rate-cut-kills-float bear case; PTs jumped to $200-210 (Mizuho/KBW, 7/24).… WNC Wabash National Corp. MEDIUM Wabash National Corporation’s tariff-supported recovery depends on backlog converting into narrower losses. The case requires an affirmative final China injury decision and Q3 delivery against July 29 guidance before a weekly close below… AA Alcoa Corporation LOW Alcoa Corporation’s tariff-supported earnings story needs a recovery above the September 3, 2026 close of $51.05. Management’s September 10 argument that Canadian duty relief could help remains unconfirmed by price; a weekly close below… ADTN ADTRAN Holdings, Inc. fresh LOW ADTRAN Holdings’ optical-led margin recovery needs Q3 revenue of at least $295.0 million and non-GAAP operating margin of at least 5.5% to establish recovery. September product headlines renew attention, but a weekly close below $7.00… ALK Alaska Air Group, Inc. LOW Alaska Air Group’s recovery case depends on restored guidance on 2026-09-29 and a weekly close above $47 by the estimated 2026-10-22 results. A weekly close below $38 or Investor Day passing without a full-year framework invalidates the… ALNT Allient Inc. fresh LOW Record-orders story intact — Q2 2026 bookings $201.3M (+49% YoY), 1.31x book-to-bill, backlog $298.0M — but the supply picture changed after the note: the CEO's trusts sold 70,000 shares at $112.49–$115.765 on 2026-08-10 and 13D holder… CCS Century Communities, Inc. LOW Century Communities’ entry-level housing recovery thesis failed its $65 weekly price test at the 2026-09-11 close of $60.54. A renewed case requires a weekly close above $65 and company results sustaining year-over-year order growth and… CDNL Cardinal Infrastructure Group Inc. fresh LOW Post-blowoff digestion is deepening: the ~4x data-center site-work roll-up has bled from a $96 high back to its $63 average analyst target, now below the $73 secondary price and the 50-DMA. Q1 organic +64% and an $854M backlog keep… CLW Clearwater Paper Corporation LOW Clearwater Paper's paperboard recovery depends on September extending August's pricing increase and third-quarter earnings meeting guidance. The case requires another SBS assessment increase and $20–30 million of third-quarter adjusted… CSIQ Canadian Solar Inc. LOW Canadian Solar’s recovery thesis rests on domestic-module contract repricing after management’s 2026-08-27 policy discussion. Disclosed price increases and a weekly close above the former $14.00 shelf would establish the case; a weekly… DDD 3D Systems Corporation LOW June's $50M raise at $3.05 (16.4M sh) is already underwater: shares last $2.775 (2026-07-02), below the offering floor, with ~$50M shelf undrawn and soft Q2 guidance (rev $93–95M, adj. EBITDA still negative) into the 2026-08-10 print. A… ELVR Elevra Lithium Limited LOW The August leg failed at the print: the ADR closed $59.09 on 2026-08-28 versus $67.76 on 2026-08-21, even as the FY26 report guided FY27 production to 198,000–210,000 dmt against FY26's 197,967 dmt and GFEX carbonate settled CNY 158,700/t… FBIN Fortune Brands Innovations, Inc. fresh LOW Activist-plus-new-CEO turnaround has stopped accelerating and started digesting: after the +30% run off Garden's $40.6 buy, price has chopped $50–54 for three weeks while sell-side targets climbed past spot (Goldman $61 on 7/10, Barclays… FRD Friedman Industries Inc. LOW Tariff-driven HRC steel prices at multi-year highs powered record FY2026 (EPS $2.76, sales +46%); FRD hit an all-time-high close $37.42 on 2026-06-18 and was flagged overbought the same day. The narrative is maturing and priced near the… FWRD Forward Air Corporation LOW Busted-merger workout losing its bid: the +48% June bounce to $14.87 (on a speculative Amazon-bolt-on thesis) has faded ~13% to ~$13, whole-company sale is now reported "unlikely," and the 2026-07-10 chairman exit forfeited… GTX Garrett Motion Inc. LOW Turbo cash-cow re-rated (~8–9x → ~18x) on a datacenter/industrial oil-free cooling narrative; the parabolic Feb→June leg (~$20→$36) is spent, shares faded ~11% to the 50-day near $32.30, and the ~late-July Q2 print is the first chance to… HTLD Heartland Express, Inc. fresh LOW The margin-recovery leg printed on 2026-07-30 (operating ratio 91.0% vs 105.9%) and drew no lasting bid: price slid from $12.84 on 2026-08-21 to $12.44 on 2026-09-04, RSI 43.9, at the bottom of the August $12–$13 band, while freight… IHRT iHeartMedia, Inc. LOW M&A leg is dead — no SiriusXM headline since the 2026-05-29 NYT "stalled" report and the April spike fully round-tripped ($6.33 high → $3.86 on 2026-08-07, -39%). What is left is a binary: Q2 print 2026-08-10 after the close is the first… IPX IperionX Limited fresh LOW US critical-minerals sovereignty name whose funding overhang cleared the ugly way: a 2026-07-08 US$50M ADS raise priced at $21.98, ~22% below the ~$28 pre-deal level, resetting the stock to $22.94 near its $21.66 52-week low. Pre-revenue,… KALU Kaiser Aluminum Corporation fresh LOW Section 232 aluminum supply-shock (50% duty through 2027) plus a Q1 earnings inflection already repriced KALU ~+175% YoY to a $195 high; the move is maturing toward saturated with price at/above every published target. The estimated… KNX Knight-Swift Transportation Holdings Inc. fresh LOW Beat-and-raise is filed (Q2 adj EPS $0.63; Q3 guided $0.71–$0.77) but the equity is flat since 2026-08-21 at $71.99 while the driver stalled rather than reaccelerated — all-mode tender rejections 13.57% on 2026-08-25 versus a July 4 peak… KODK Eastman Kodak Company fresh LOW Eastman Kodak's materials pivot needs Q3 to repeat Q2's $105 million segment revenue and 26% consolidated gross margin before a weekly close below $9.20 breaks the recovery thesis. The September momentum improvement does not resolve… KRO Kronos Worldwide, Inc. fresh LOW Kronos Worldwide’s titanium-dioxide recovery needs higher third-quarter selling prices and continued segment profitability to validate August’s earnings rebound. The September 11 close of $8.14 has lost the earlier $8.20 shelf; a weekly… KRT Karat Packaging Inc. LOW Karat Packaging’s tariff-refund re-rating needs recurring sales and margin delivery to resume. Third-quarter results meeting the August 6 guidance and a weekly close above $49.80 would validate continuation; a weekly close below $40 would… MAMA Mama's Creations, Inc. fresh LOW The 2026-09-03 binary resolved for the fundamentals and against the tape: Q2 FY2027 revenue $54.58M (+55%) and EPS $0.06 both beat, gross margin recovered to 24.0% from 23.6%, and the shares still closed 2026-09-04 at $15.16, below the… MASS 908 Devices Inc. LOW 908 Devices’ handheld-detection recovery depends on the $6 million ProtectIR order announced on 2026-08-11 validating its revenue outlook. A weekly close above the $11.10 high reported on 2026-09-11 would confirm price recovery; a weekly… MATV Mativ Holdings, Inc. LOW Mativ Holdings’ margin-and-debt repair thesis requires the next quarterly report to sustain a 14.1% adjusted EBITDA margin and reduce net debt below $908.2 million before a weekly close below $11.50 invalidates the price structure. MLKN MillerKnoll, Inc. fresh LOW MillerKnoll's recovery re-rating failed its published $22 weekly-close test on 2026-09-18. The 2026-09-22 results would support a replacement case only with recovering organic orders and backlog above the $679 million reported on… MTRN Materion Corporation LOW Beryllium critical-materials scarcity narrative still building, but the parabola cracked: a new ATH of $298.76 in early July gave way to a 5.6% reversal on 2026-07-07 to $247.20, now ~$258 and still ~9% above KeyBanc's $237 top target. The… MYE Myers Industries, Inc. fresh LOW Legacy plastics maker re-rated ~2.4x on a "Focused Transformation" — MTS distribution arm in discontinued ops, capital concentrated behind Signature/MegaDeck composite matting (Infrastructure orders +130% YoY, Q1 adj EPS $0.44 vs $0.28).… NWPX NWPX Infrastructure, Inc. fresh LOW Legacy steel-pipe maker re-rated into a water-infrastructure + precast roll-up on a record $373M WTS backlog, an ~83% Q1 beat, and the Permalok RBJ field win. Narrative intact but the setup is extended — last near $148, ~35% above the… ODFL Old Dominion Freight Line, Inc. fresh LOW Freight-cycle recovery in the top-margin LTL name is drawing a broadening upgrade cluster now printing above spot (Stifel $256 Jul 21, Truist $250 Jul 15, RJ $241 Jul 13), but growth is still rate and mix with tons/day negative. The… OEC Orion S.A. LOW Deep-cyclical carbon black where the 2024–25 tire-restock leg already failed (-32.5% from the $10.72 52-week high). What is left is a trough-and-deleverage read: Q2 2026 adj. EBITDA $58.2M (+26% sequential, -15% YoY), FY26 guide reaffirmed… PBI Pitney Bowes Inc. fresh LOW PBI broke the $17.62 shelf to a fresh 52-week high $18.62 (Jul 16) — the buyback/cost-cut re-rate is now extending, not consolidating. But revenue still shrinks ~3% YoY, consensus PT $16.43 sits below spot, and Q2 prints after close Jul… PII Polaris Inc. fresh LOW Polaris’s earnings-recovery thesis failed its $62 weekly-close test at the 2026-09-18 close of $54.07. The next quarterly report tests whether operational earnings guidance survives, but cannot undo the price invalidation. PKOH Park-Ohio Holdings Corp. fresh LOW Park-Ohio's infrastructure equipment story needs backlog growth beyond June's $252 million and retention of August's earnings guidance. The third-quarter report settles that case unless a weekly close below $45 invalidates the price… PPTA Perpetua Resources Corp. fresh LOW Perpetua Resources’ domestic-antimony financing thesis requires definitive loan documentation and a final construction decision by 2026-12-31. The case fails first if a weekly close below $21 breaches the retained market boundary. RDW Redwire Corporation LOW Post-SpaceX-IPO deflation broke RDW to a 2026-07-18 low near $8.51 (~67% off the 5/28 record). A relief bounce on Huntsville/Indiana facility news and $41.5M of H1 Stalker drone orders keeps running into a ~$850M dilution ceiling: the… SANM Sanmina Corporation fresh LOW The prior break level gave way: the 2026-08-21 weekly close at $188.89 retraced the entire June re-rate. FQ3 on 2026-07-27 beat and raised — $3.46B revenue, +69.7% YoY, FY26 EPS guide lifted to $11.90–12.20 — and the tape answered with a… SNDR Schneider National, Inc. LOW Schneider National's contract-rate recovery needs the next report to sustain its improved Truckload margin and raised earnings outlook. The case is confirmed if margin matches the second quarter's 8.2% and the $0.90–$1.10 annual adjusted… SXC Suncoke Energy Inc fresh LOW Coal-policy sympathy trade is fully dead: SXC has gone nowhere for three weeks, $8.39 on 2026-06-27 to $8.37 on 2026-07-17, pinned to the $8 shelf with no narrative velocity. The only live variable is the Q2 print, pulled forward to… TBI Trueblue, Inc. LOW Deep-cyclical industrial staffer re-rated +140% off the $3.18 low on a staffing-demand recovery and a data-center/energy labor boom lifting PeopleReady +19% YoY. Still loss-making (Q1 net -$19.8M), margins compressed, and the… TH Target Hospitality Corp. fresh LOW The AI-datacenter-landlord re-rate has stalled: TH peaked at $20.85 and has given back ~21% to $16.36 (2026-07-17) as TDR Capital affiliates distribute shares in-kind to partners, losing the $17 secondary clearing shelf while Oppenheimer… XRX Xerox Holdings Corporation LOW Distressed-deleveraging special situation that round-tripped its June activist pop into a binary 2026-07-30 Q2 print. At ~$2.60 it sits below the $2.75 Hold consensus and inside the $2.25–$2.50 target band; anchor buyer STARTEEPO (8.8M sh,… ZENA ZenaTech, Inc. LOW ZenaTech's recovery case requires a priced commercial drone-service contract and a weekly close above the market's August 28 close of $1.71. A weekly close below $1.52 invalidates that case; September's development announcements have not…