Back to top

Analyst Blog

Pall Corporation (PLL - Analyst Report) has entered into a research collaboration with the King Abdullah University of Science and Technology (KAUST) in Saudi Arabia. This integration is a part of KAUST Industry Collaboration Program (KICP). As per the terms of the contract Pall will take part in this joint research program in the areas of filtration, separation and purification technologies.

KICP is a membership based program which engages key industry participants in the regions of Saudi Arabia. This in turn maximizes the effectiveness of such research programs. This approach is mainly targeted towards developing further studies in water treatment and alternative fuels along with other crucially important areas for the communities of Middle East.

During the last four years, Pall has almost doubled its sales in this region. This step portrays management’s further optimism and dedication with this geographic segment’s rising market demand for industrial goods and utilities. The project will form a part of Pall’s Industrial segment, for which the sales were low by 2.2% year over year.

Pall is a market leader with its exceptional purification technologies. And currently it intends and plans to go further with its multiple research collaborations around the world. Recently it extended its research agreement with Lewis university for the second year in succession to broaden the scope of study.

In the last quarter PLL missed the Zacks Earnings Estimates by 2.37%, while Calgon Carbon Corporation (CCC - Analyst Report) and CECO Environmental Corp. (CECE - Snapshot Report) performed better, reporting earnings in line with estimates. In such a scenario, in the absence of general business expansion, competitive advantages can only be gained by supplying new products or processes.

These in turn are likely to emerge from research laboratories. In this regard it is to be noted that in the last six months Pall’s Research and Development expenses went up by 16% year over year.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
UNITED THER… UTHR 117.83 +28.51%
TRIQUINT SE… TQNT 20.67 +6.52%
RF MICRO DE… RFMD 12.47 +6.04%
VASCO DATA… VDSI 14.77 +4.68%
BANCO DO BR… BDORY 15.53 +3.95%