Streetbeat News

Analyst Ratings

TRV

Travelers Companies Inc.'s (NYSE:TRV) share price is currently at $162.30, after a 0.66% increase. Over the past month, the stock decreased by 3.32%, but in the past year, it increased by 0.26%. The company's P/E ratio of 17.1 is lower than the Insurance industry average of 19.1, indicating that the stock might be undervalued or that shareholders do not expect future growth.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 8:45 pm

GLW

Corning's (NYSE:GLW) short percent of float has fallen 7.02% since its last report, with 8.98 million shares sold short, which is 1.06% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Corning. Compared to its peers, Corning has less short interest as a percentage of float, with an average of 3.22%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 8:30 pm

CAT

Caterpillar's (NYSE:CAT) short percent of float has risen 3.03% since its last report, with 6.93 million shares sold short, which is 1.36% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, Caterpillar's peer group average for short interest as a percentage of float is 4.98%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 8:30 pm

ANSS

Ansys's (NYSE:ANSS) short percent of float has risen 13.04% since its last report, with 1.06 million shares sold short, which is 1.56% of all regular shares available for trading. It would take traders 1.76 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Ansys's peer group average for short interest as a percentage of float is 3.20%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 8:30 pm

TIP

A new poll conducted by the Wall Street Journal indicates that President Joe Biden's age and economic policies could hinder his re-election bid. The poll, which surveyed 1,500 registered voters, found that 59% disapproved of Biden's handling of the economy, and 73% considered him too old to run for office. The iShares TIPS Bond ETF (NYSE:TIP), which tracks inflation-protected U.S. Treasury bonds, ended Friday's session down 0.52% at $105.20.

Portfolio Pulse from Shanthi Rexaline

September 04, 2023 | 8:24 pm

JCI

Johnson Controls Intl's (NYSE:JCI) short percent of float has decreased by 7.61% since its last report, with 5.78 million shares sold short, representing 0.85% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the company. Compared to its peers, Johnson Controls has less short interest, with the average for its peer group being 3.66%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 7:15 pm

DHR

Danaher's (NYSE:DHR) short percent of float has fallen 3.9% since its last report, with 4.90 million shares sold short, which is 0.74% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Danaher. Compared to its peers, Danaher has less short interest as a percentage of float, with an average of 4.77%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 7:15 pm

BTI

British American Tobacco's (NYSE:BTI) short percent of float has fallen 5.56% since its last report, with 3.69 million shares sold short, which is 0.17% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, BTI has less short interest as a percentage of float, with an average of 1.85%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 7:15 pm

VMC

Vulcan Materials's (NYSE:VMC) short percent of float has fallen 13.51% since its last report, with 1.13 million shares sold short, which is 0.96% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Vulcan Materials has less short interest as a percentage of float, with an average of 1.66%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 7:00 pm

TM

Toyota Motor's (NYSE:TM) short percent of float has fallen 28.57% since its last report, with 701 thousand shares sold short, which is 0.05% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Toyota. Compared to its peers, Toyota has less short interest, with an average of 10.55% for its peer group.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 7:00 pm