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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: ESS Tech (GWH), Expeditors International (EXPD) and NV5 Holdings (NVEE)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on ESS Tech (GWHResearch Report), Expeditors International (EXPDResearch Report) and NV5 Holdings (NVEEResearch Report).

ESS Tech (GWH)

Robert W. Baird analyst Ben Kallo reiterated a Buy rating on ESS Tech on May 8 and set a price target of $3.00. The company’s shares closed last Thursday at $0.85, close to its 52-week low of $0.61.

According to TipRanks.com, Kallo is a 2-star analyst with an average return of 0.0% and a 45.2% success rate. Kallo covers the Industrial Goods sector, focusing on stocks such as Archer Daniels Midland, Bloom Energy, and Ameresco.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ESS Tech with a $2.08 average price target, which is a 160.9% upside from current levels. In a report issued on May 8, TD Cowen also maintained a Buy rating on the stock with a $2.00 price target.

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Expeditors International (EXPD)

Robert W. Baird analyst Garrett Holland maintained a Hold rating on Expeditors International on May 7 and set a price target of $118.00. The company’s shares closed last Thursday at $117.03.

According to TipRanks.com, Holland is a 3-star analyst with an average return of 1.8% and a 50.7% success rate. Holland covers the Industrial Goods sector, focusing on stocks such as Knight Transportation, Old Dominion Freight, and Werner Enterprises.

Currently, the analyst consensus on Expeditors International is a Moderate Sell with an average price target of $110.63, representing a -5.1% downside. In a report issued on May 8, Benchmark Co. also maintained a Hold rating on the stock.

NV5 Holdings (NVEE)

In a report issued on May 8, Andrew Wittmann from Robert W. Baird maintained a Hold rating on NV5 Holdings, with a price target of $105.00. The company’s shares closed last Thursday at $96.13.

According to TipRanks.com, Wittmann is a 5-star analyst with an average return of 14.7% and a 68.0% success rate. Wittmann covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Concrete Pumping Holdings, and Construction Partners.

Currently, the analyst consensus on NV5 Holdings is a Moderate Buy with an average price target of $127.40.

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