Shaw Group (SGR)

Add a New Bulls Reason Company: Shaw Group (SGR) Current price: Headline: (100 character max) Analysis: Cancel 87% agree 8 votes edit Shaw Group signs contract for South Carolina nuclear projects Top Contributor: Susannah Ryder | Created when NYSE:SGR was $61.00 | Edit | History Louisiana based Shaw Group has had its ups and downs over the last 2 years with Katrina contracts being postponed and earnings disappointments but the stock seems ready for a run towards its 52-week high of $77. On May 28 the construction firm announced it had inked a joint contract with SCANA (South Carolina Electric & GAs Company) and Santee Cooper, a state owned water utility, for two units at a nuclear power station in Jenkinsville, SC. Analysts are already expecting $3.27 a share in earnings for Shaw in 2008. The slight miss in February's results disappointed analysts, but revenues in fabrication and manufacturing grew and Shaw was positive about prospects for its fossil and nuclear segments. Shaw's expected revenue growth (average estimate is for sales to increase to $8.49B by 2009, a 28% jump from 2008 levels) may also be helped by future climate-change legislation. (100 character max) Cancel

Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.