2 Buy Rated Infrastructure Stocks Poised To Take Off

The company’s revenue has increased 2.8% year-over-year to $754.76 million for the fiscal 2021 second quarter, ended March 28, 2021. TTEK’s gross profit has increased 16% year-over-year to $112.48 million. Its operating income came in at $60.81 million, which represents a 27.9% improvement year-over-year. Also, its net income was $45.52 million for the quarter, up 25.1% year-over-year. TTEK’s EPS also increased 25.8% year-over-year to $0.83.

A  $0.98 consensus EPS estimate for the quarter ending September 30, represents an improvement of 7.7% year-over-year. TTEK surpassed the consensus EPS estimates in each of the trailing four quarters. The $645.63 consensus revenue estimate for the same quarter represents a 9.5% gain on a year-over-year basis. Analysts expect the stock’s EPS to grow at a 15% rate per annum over the next five years.

The stock has gained 76.4% over the past year and 40.2% over the past nine months. TTEK closed yesterday’s trading session at $126.96.

TTEK’s strong fundamentals are reflected in its POWR Ratings. The stock has an overall B rating, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.

The stock has a B grade for Momentum, Stability, and Quality. We have also rated TTEK for Growth, Value, and Sentiment. Click here to access all TTEK’s ratings.

TTEK’s is ranked #6 of 17 stocks in the Waste Disposal industry.

Columbus McKinnon Corporation (CMCO - Get Rating)

CMCO designs, manufactures and markets intelligent motion solutions to ergonomically move, lift, position, and secure materials worldwide. It offers material handling equipment, crane systems, rigging equipment, and power fluid transfer technology. The company offers its products to end-users directly, as well as through distributors, private companies, engineering procurement contractors, crane builders, integrators of factory production systems, and original equipment manufacturers.

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