Company News for Aug 7, 2026

• Parker-Hannifin Corp.’s (PH) shares surged 7.3% after reporting fourth-quarter fiscal 2026 adjusted earnings of $9.27 per share, surpassing the Zacks Consensus Estimate of $8.29 per share.
• Shares of Ralph Lauren Corp. (RL) climbed 4% after posting first-quarter fiscal 2027 adjusted earnings of $4.59 per share, outpacing the Zacks Consensus Estimate of $4.30 per share.
• Shares of ATI Inc. (ATI) jumped 8.9% after the company posted second-quarter 2026 adjusted earnings of $1.23 per share, exceeding the Zacks Consensus Estimate of $1.03 per share.
• MACOM Technology Solutions Holdings Inc.’s (MTSI) shares soared 14.5% after the company reported third-quarter fiscal 2026 adjusted earnings of $1.40 per share, beating the Zacks Consensus Estimate of $1.34 per share.

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

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This article originally published on Zacks Investment Research (zacks.com).

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