Recent News
On July 15, 2025 the company announced timing for its second-quarter 2025 results release and conference call after market close on July 29, 2025, directing investors to a webcast for the update.
Technical Analysis
Directional indicators show emerging trend strength: ADX at 22.76 signals an emerging trend, while DI+ has staged a dip-and-reversal and DI- sits at 22.72 and is decreasing; that combination implies bullish directional pressure that supports a near-term price lift despite the stock’s stretched valuation.
MACD stands at -2.31 with a dip-and-reversal trend, indicating developing bullish momentum from a negative base; no confirmed MACD crossover above the signal line exists yet, so momentum requires follow-through before signaling a durable shift.
MRO reads -29.73, which by the oscillator’s logic implies the price sits below the implied target and carries upside potential toward the model target; this technical divergence contrasts with the formal valuation classification and suggests tactical upside pressure rather than a structural re-rating.
RSI at 44.29 with a dip-and-reversal shows the indicator recovering from a short-term pullback; the reading leaves room for further momentum without overbought constraints, supporting a tactical bounce scenario consistent with the directional indicators.
Price dynamics show mixed time-frame structure: the close at $123.87 trades below the 200‑day average of $144.15 and below the 50‑day average of $128.88, while it sits above the 20‑day average of $122.76 and near the 12‑day EMA of $123.29 (12‑day EMA trending as a dip‑and‑reversal). Short-term moving averages suggest improving momentum, while longer-term averages retain downward bias, aligning with a near-term bounce inside a longer-term consolidation.
Bollinger bands center roughly between $120.72 and $124.80 for one standard deviation; the close sits near the upper band, and short‑term realized volatility measures remain modest. Short-term beta (42‑day) of 1.46 implies elevated recent volatility versus the lower 52‑week beta of 0.81, so intraday swings may outpace longer-term directional risk.
Volume at 423,834 slightly exceeds the 10‑day and 50‑day averages, supporting the recent uptick in price and reinforcing the case for a short-term rebound rather than an immediate trend reversal to the upside.
Fundamental Analysis
Earnings and revenue: the company reported EPS of $1.20 versus an estimate of $1.17, a positive surprise of $0.03 or 2.56%, on total revenue of $1,211,383,000. Net income registered at $41,893,000. Those results and accompanying capital-return disclosures came in the company’s late‑July reporting.
Margins and growth: EBIT/operating margin stands at 4.34%, representing a 39.58% QoQ improvement and a -17.50% YoY decline; YoY revenue growth measured 10.87% while the reported QoQ revenue change reads -208.73% (per the supplied QoQ figure). Operating leverage shows up in improving short‑term margins versus the prior quarter but year‑over‑year margin compression persists, constraining valuation support.
Cash flow and balance sheet: operating cash flow totaled $7,138,000 with free cash flow of $4,657,000; cash and short‑term investments equal $426,172,000 and cash conversion ratio registers about 195.95%. Debt remains light: total debt at $143,565,000 produces a debt‑to‑assets ratio near 8.45% and debt‑to‑equity near 15.57%, leaving capacity for continued buybacks or dividend funding.
Returns and payout: return on equity sits at 4.55% and return on assets at 2.45%. Dividend payout ratio measures 33.22% with a dividend yield around 0.29% and dividend coverage near 3.01, indicating the company funds payouts comfortably from earnings and cash generation.
Valuation context: P/E runs at 117.54 with forward P/E about 83.41, price‑to‑book near 5.13 and price‑to‑sales about 3.90. The current valuation classification from WMDST labels the stock as over‑valued; those multiples sit above the industry peer mean for several metrics while approaching higher peer values on some ratios, leaving little margin for multiple expansion absent clear margin restoration or faster top‑line acceleration.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-06-30 |
| REPORT DATE: | 2025-07-29 |
| NEXT REPORT DATE: | 2025-10-27 |
| CASH FLOW | Begin Period Cash Flow | $ 417.4 M |
| Operating Cash Flow | $ 7.1 M | |
| Capital Expenditures | $ -2.48 M | |
| Change In Working Capital | $ -45.44 M | |
| Dividends Paid | $ -13.92 M | |
| Cash Flow Delta | $ -58.18 M | |
| End Period Cash Flow | $ 359.2 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 1.2 B | |
| Forward Revenue | $ 425.2 M | |
| COSTS | ||
| Cost Of Revenue | $ 1.1 B | |
| Depreciation | $ 12.1 M | |
| Depreciation and Amortization | $ 12.1 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 1.2 B | |
| PROFITABILITY | ||
| Gross Profit | $ 158.3 M | |
| EBITDA | $ 64.7 M | |
| EBIT | $ 52.6 M | |
| Operating Income | $ 52.6 M | |
| Interest Income | $ -698.00 K | |
| Interest Expense | — | |
| Net Interest Income | $ -698.00 K | |
| Income Before Tax | $ 55.6 M | |
| Tax Provision | $ 13.7 M | |
| Tax Rate | 24.6 % | |
| Net Income | $ 41.9 M | |
| Net Income From Continuing Operations | $ 41.9 M | |
| EARNINGS | ||
| EPS Estimate | $ 1.17 | |
| EPS Actual | $ 1.20 | |
| EPS Difference | $ 0.03 | |
| EPS Surprise | 2.564 % | |
| Forward EPS | $ 1.70 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 1.7 B | |
| Intangible Assets | $ 41.4 M | |
| Net Tangible Assets | $ 880.4 M | |
| Total Current Assets | $ 1.2 B | |
| Cash and Short-Term Investments | $ 426.2 M | |
| Cash | $ 359.2 M | |
| Net Receivables | $ 717.2 M | |
| Inventory | — | |
| Long-Term Investments | $ 133.4 M | |
| LIABILITIES | ||
| Accounts Payable | $ 401.8 M | |
| Short-Term Debt | $ 58.1 M | |
| Total Current Liabilities | $ 619.1 M | |
| Net Debt | — | |
| Total Debt | $ 143.6 M | |
| Total Liabilities | $ 777.8 M | |
| EQUITY | ||
| Total Equity | $ 921.8 M | |
| Retained Earnings | $ 2.9 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 26.38 | |
| Shares Outstanding | 34.654 M | |
| Revenue Per-Share | $ 34.66 | |
| VALUATION | Market Capitalization | $ 4.7 B |
| Enterprise Value | $ 4.4 B | |
| Enterprise Multiple | 68.745 | |
| Enterprise Multiple QoQ | -31.018 % | |
| Enterprise Multiple YoY | -8.404 % | |
| Enterprise Multiple IPRWA | high: 117.168 LSTR: 68.745 mean: 36.818 median: 35.56 low: -30.584 |
|
| EV/R | 3.672 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.844 | |
| Asset To Liability | 2.185 | |
| Debt To Capital | 0.135 | |
| Debt To Assets | 0.084 | |
| Debt To Assets QoQ | -5.451 % | |
| Debt To Assets YoY | 154.045 % | |
| Debt To Assets IPRWA | high: 0.783 mean: 0.176 LSTR: 0.084 low: 0.001 median: 0.001 |
|
| Debt To Equity | 0.156 | |
| Debt To Equity QoQ | -5.457 % | |
| Debt To Equity YoY | 167.09 % | |
| Debt To Equity IPRWA | high: 2.837 mean: 0.659 LSTR: 0.156 low: 0.001 median: 0.001 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 5.132 | |
| Price To Book QoQ | -6.501 % | |
| Price To Book YoY | -19.335 % | |
| Price To Book IPRWA | high: 8.353 median: 6.315 mean: 5.253 LSTR: 5.132 low: 0.126 |
|
| Price To Earnings (P/E) | 117.541 | |
| Price To Earnings QoQ | -31.652 % | |
| Price To Earnings YoY | -3.135 % | |
| Price To Earnings IPRWA | high: 119.028 LSTR: 117.541 mean: 34.638 median: 9.189 low: -53.415 |
|
| PE/G Ratio | 4.467 | |
| Price To Sales (P/S) | 3.905 | |
| Price To Sales QoQ | -11.899 % | |
| Price To Sales YoY | -24.866 % | |
| Price To Sales IPRWA | high: 7.153 LSTR: 3.905 median: 3.686 mean: 3.484 low: 0.371 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 83.408 | |
| Forward PE/G | 3.169 | |
| Forward P/S | 11.031 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 9.142 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.709 | |
| Asset Turnover Ratio QoQ | 8.607 % | |
| Asset Turnover Ratio YoY | 1.356 % | |
| Asset Turnover Ratio IPRWA | high: 0.784 LSTR: 0.709 mean: 0.195 median: 0.076 low: 0.02 |
|
| Receivables Turnover | 1.706 | |
| Receivables Turnover Ratio QoQ | 2.637 % | |
| Receivables Turnover Ratio YoY | 0.83 % | |
| Receivables Turnover Ratio IPRWA | high: 2.919 median: 2.058 mean: 1.978 LSTR: 1.706 low: 0.633 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 53.498 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | — | |
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 1.96 | |
| CapEx To Revenue | -0.002 | |
| CapEx To Depreciation | -0.204 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 921.8 M | |
| Net Invested Capital | $ 980.0 M | |
| Invested Capital | $ 980.0 M | |
| Net Tangible Assets | $ 880.4 M | |
| Net Working Capital | $ 618.2 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.688 | |
| Current Ratio | 1.998 | |
| Current Ratio QoQ | -1.443 % | |
| Current Ratio YoY | -7.958 % | |
| Current Ratio IPRWA | high: 2.152 LSTR: 1.998 median: 1.277 mean: 1.233 low: 0.018 |
|
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 2.219 | |
| Cost Of Debt | 0.594 % | |
| Interest Coverage Ratio | 44.954 | |
| Interest Coverage Ratio QoQ | 46.704 % | |
| Interest Coverage Ratio YoY | 16.913 % | |
| Interest Coverage Ratio IPRWA | LSTR: 44.954 high: 26.617 mean: 12.607 median: 7.983 low: -0.25 |
|
| Operating Cash Flow Ratio | 0.084 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 35.986 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 3.01 | |
| Dividend Payout Ratio | 0.332 | |
| Dividend Rate | $ 0.40 | |
| Dividend Yield | 0.003 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -0.963 % | |
| Revenue Growth | 5.109 % | |
| Revenue Growth QoQ | -208.725 % | |
| Revenue Growth YoY | 10.872 % | |
| Revenue Growth IPRWA | high: 19.971 % median: 19.971 % mean: 10.93 % LSTR: 5.109 % low: -1.508 % |
|
| Earnings Growth | 26.316 % | |
| Earnings Growth QoQ | -174.942 % | |
| Earnings Growth YoY | 117.111 % | |
| Earnings Growth IPRWA | high: 119.608 % LSTR: 26.316 % mean: 6.237 % median: -3.788 % low: -21.429 % |
|
| MARGINS | ||
| Gross Margin | 13.068 % | |
| Gross Margin QoQ | 1.02 % | |
| Gross Margin YoY | -0.351 % | |
| Gross Margin IPRWA | high: 24.885 % mean: 18.233 % median: 17.813 % LSTR: 13.068 % low: 0.618 % |
|
| EBIT Margin | 4.338 % | |
| EBIT Margin QoQ | 39.575 % | |
| EBIT Margin YoY | -17.497 % | |
| EBIT Margin IPRWA | high: 35.181 % median: 35.181 % mean: 22.867 % LSTR: 4.338 % low: -0.141 % |
|
| Return On Sales (ROS) | 4.338 % | |
| Return On Sales QoQ | 39.575 % | |
| Return On Sales YoY | -17.497 % | |
| Return On Sales IPRWA | high: 20.411 % mean: 9.153 % median: 8.586 % LSTR: 4.338 % low: 0.629 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 4.7 M | |
| Free Cash Flow Yield | 0.098 % | |
| Free Cash Flow Yield QoQ | -90.693 % | |
| Free Cash Flow Yield YoY | -84.639 % | |
| Free Cash Flow Yield IPRWA | high: 4.61 % median: 0.343 % LSTR: 0.098 % mean: 0.022 % low: -8.76 % |
|
| Free Cash Growth | -91.343 % | |
| Free Cash Growth QoQ | 8404.935 % | |
| Free Cash Growth YoY | 75.158 % | |
| Free Cash Growth IPRWA | high: 128.824 % mean: -77.144 % LSTR: -91.343 % median: -138.253 % low: -294.67 % |
|
| Free Cash To Net Income | 0.111 | |
| Cash Flow Margin | 4.312 % | |
| Cash Flow To Earnings | 1.247 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 2.453 % | |
| Return On Assets QoQ | 45.234 % | |
| Return On Assets YoY | -18.397 % | |
| Return On Assets IPRWA | high: 4.26 % median: 2.928 % LSTR: 2.453 % mean: 2.435 % low: -0.899 % |
|
| Return On Capital Employed (ROCE) | 4.864 % | |
| Return On Equity (ROE) | 0.045 | |
| Return On Equity QoQ | 41.943 % | |
| Return On Equity YoY | -13.56 % | |
| Return On Equity IPRWA | high: 0.085 mean: 0.046 LSTR: 0.045 median: 0.032 low: -0.088 |
|
| DuPont ROE | 4.522 % | |
| Return On Invested Capital (ROIC) | 4.042 % | |
| Return On Invested Capital QoQ | 48.33 % | |
| Return On Invested Capital YoY | -137.045 % | |
| Return On Invested Capital IPRWA | high: 8.045 % LSTR: 4.042 % mean: 3.035 % median: 2.562 % low: -0.61 % |
|