Q2 financial results show revenue up 7% from Q1 but down 5% Y-o-Y, with adjusted net income improving by 12%. Norsk Hydro ASA's share price dropped 21% since our bearish call in May. NHYDY's net debt increased by NOK 2.3 billion since Q1.
Investors interested in stocks from the Metal Products - Procurement and Fabrication sector have probably already heard of Norsk Hydro ASA (NHYDY) and Esab (ESAB). But which of these two stocks is more attractive to value investors?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors looking for stocks in the Metal Products - Procurement and Fabrication sector might want to consider either Norsk Hydro ASA (NHYDY) or Ardagh Metal Packaging S.A. (AMBP). But which of these two stocks is more attractive to value investors?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.