Sign in

    Canyon Hayes • D.A. Davidson & Co.

    Canyon Cournoyer Hayes is an Equity Research Analyst at D.A. Davidson & Co., specializing in coverage within the firm's Research Division. He has been involved in providing industry analyses and updates, occasionally standing in for other senior analysts on conference calls, which reflects his expertise and trusted status within the team. Hayes began his research career at D.A. Davidson & Co. and is noted for his detailed company coverage and support on live investor communications, though publicly available sources do not provide detailed performance metrics, rankings, or explicit information on his specific company coverage. His professional credentials suggest registration with FINRA as standard for equity analysts at major sell-side research firms, but explicit licenses or notable recognitions are not documented in open sources.

    Canyon Hayes's questions to Alta Equipment Group Inc (ALTG) leadership

    Canyon Hayes's questions to Alta Equipment Group Inc (ALTG) leadership • Q4 2024

    Question

    Canyon Hayes, on for Matt Summerville, inquired about the underlying assumptions for equipment sales volume and price capture within the 2025 guidance, asking for a breakdown by market segment. He also asked about the company's immediate priorities for reducing balance sheet leverage from its current 4.7x level.

    Answer

    CFO Tony Colucci detailed the guidance assumptions, stating they expect flattish markets in Construction with potential market share gains, modest low single-digit growth in Material Handling, and a 20% year-over-year increase in Master Distribution. Regarding leverage, Colucci explained that the company reduced nominal debt in the second half of 2024 and plans to continue using cash flow for debt paydown in 2025, with no intentions to grow the rental fleet.

    Ask Fintool Equity Research AI

    Canyon Hayes's questions to Columbus McKinnon Corp (CMCO) leadership

    Canyon Hayes's questions to Columbus McKinnon Corp (CMCO) leadership • Q3 2025

    Question

    Canyon Hayes inquired about the prioritization of the $70 million in cost synergies from the Kito Crosby acquisition, any quantitative guidance on revenue synergies, and the structural differences in the long-term margin profiles of the two companies.

    Answer

    President and CEO David Wilson detailed that cost synergies would come from supply chain optimization, operational efficiencies, and reducing duplicative structural and third-party expenses. He noted that potential revenue synergies are considered upside and not included in the current model. Wilson explained that Kito Crosby's larger portfolio of low-ASP, mission-critical consumables provides a more resilient revenue profile and healthy returns, contributing to its strong margin profile.

    Ask Fintool Equity Research AI

    Canyon Hayes's questions to 5E Advanced Materials Inc (FEAM) leadership

    Canyon Hayes's questions to 5E Advanced Materials Inc (FEAM) leadership • Q4 2024

    Question

    Canyon Hayes of D.A. Davidson & Co. inquired about recent spot market pricing for boric acid, ongoing caking issues among competitors, and 5E's financial runway given its current cash burn and recent capital injection.

    Answer

    Chief Strategy Officer Jason Starzecki confirmed that competitor caking issues persist and cited Fastmarkets data indicating boric acid spot prices between $1,100 and $1,250 per ton. CEO Paul Weibel added that the recent $10 million capital raise provides sufficient runway to complete the first phase of commercial engineering, extending into early 2025.

    Ask Fintool Equity Research AI