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QuarterlyIQ Insights · NOC

Factors

The full factor breakdown (the numbers behind each rank). The overview page shows the same reads in short form; this is the depth.

Factor signals

Each factor is a parallel diagnostic with a plain-language read of what it shows and how names like it have historically fared. Never aggregated into a single score.

Recent financial performance
weak

Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated weak grew net income 58% of the time over the next year (vs 62% for the rest of the cohort, n=3678).

18th pctl · Industrials
The numbers
bonus
0
dir share
1
slope norm
-0.4578
Earnings quality
fragile

Over the trailing year it converted 1.02x of net income into operating cash flow. Historically, Industrials names rated fragile grew net income 56% of the time over the next year (vs 60% for the rest of the cohort, n=3333).

12th pctl · Industrials
The numbers
ttm ni
4576
ttm cfo
4666
Macro sensitivity

Not enough signal yet.

Not enough signal to read sensitivity to the US dollar, the broad stock market, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).

Management & capital allocation
neutral

3 material management or governance events in the past 24 months, led by executive changes. Historically, Industrials names rated neutral grew net income 59% of the time over the next year (vs 60% for the rest of the cohort, n=1113).

59th pctl · Industrials
The numbers
n events
3
raw activity
0.5559
directional rank
0.5942
directional status
neutral

Not investment advice. As of 2026-06-09.

Earnings setup & market context

The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.

Earnings setup · pre-print positioning
forward-looking
neutral17 analysts, 61% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $6.83 → $6.81 (-0.4% / 30d). 1 raised, 3 cut, 17 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 2 maintained. 61% of analysts rate Buy.

Price target activity

1 PT revisions / 30d. Avg target 11.6% above current price.

Sector context
Intermediate · Weekly
Sector phase: industrials is in maturing, with decelerating (~2.0 years in phase).
Sector regime (90d momentum): headwind.
headwind-5.9%sector vs S&P 500, 60d

via XLI

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.

Full industrials context →All sectors →

AI cycle regime · market-wide
2-axis classifierLong-term · 1–3 yr
HeatingManiaSquallCrisisEarnings →Mood ↑
SteadyE +0.01 · M +0.22
Single-axisneutralz -0.20

Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-06-09.