Streetbeat News

Analyst Ratings

FORM

DA Davidson analyst Hans Chung maintains a Buy rating on FormFactor (NASDAQ:FORM) and raises the price target from $32 to $42.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:24 pm

STEP

StepStone Group (NASDAQ:STEP) reported Q1 earnings of $0.26 per share, beating the analyst consensus estimate of $0.25 by 4%. However, this is a 36.59% decrease from the same period last year. The company's quarterly sales were $152.78 million, missing the analyst consensus estimate of $160.14 million by 4.60%. This is a 19.73% decrease from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 04, 2023 | 2:24 pm

LULU

Lululemon Athletica's (NYSE:LULU) short percent of float has fallen 5.12% since its last report, with 2.48 million shares sold short, which is 2.41% of all regular shares available for trading. It would take traders 2.88 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 7.15%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:23 pm

MODV

ModivCare (NASDAQ:MODV) reported Q2 earnings of $1.42 per share, missing the analyst consensus estimate of $1.51 by 5.96%. This is a 28.64% decrease from the same period last year. The company also reported quarterly sales of $628.20 million, missing the analyst consensus estimate of $650.36 million by 3.41%. This is a 0% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:23 pm

STKS

The One Group Hospitality (NASDAQ:STKS) reported Q2 earnings of $0.06 per share, missing the analyst consensus estimate of $0.15 by 60%. The company also reported quarterly sales of $83.39 million, missing the analyst consensus estimate of $91.63 million by 8.99%. This represents a 60% decrease in earnings and a 2.80% increase in sales compared to the same period last year.

Portfolio Pulse from mahesh@benzinga.com

August 04, 2023 | 2:23 pm

AMAT

A significant bearish stance has been taken on Applied Materials (NASDAQ:AMAT) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 41% bullish and 58% bearish. The whales have been targeting a price range from $115.0 to $165.0 for AMAT over the last 3 months. The current price of AMAT is $147.81, up 0.33%. Analysts from Mizuho, Citigroup, and B of A Securities have maintained their Buy ratings on AMAT, with price targets of $152, $170, and $165 respectively.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:23 pm

GEN

Gen Digital reported Q1 earnings of $0.47 per share, beating the analyst consensus estimate of $0.46 by 2.17%. However, the company's quarterly sales of $946.00 million missed the analyst consensus estimate of $947.24 million by 0.13%. The earnings represent a 4.44% increase from the same period last year, while the sales represent a 33.80% increase.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:22 pm

ETSY

Piper Sandler analyst Edward Yruma has maintained an Overweight rating on Etsy (NASDAQ:ETSY) but lowered the price target from $140 to $126.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:22 pm

XYL

Over the past 3 months, 4 analysts have published their opinion on Xylem (NYSE:XYL) stock. The company has an average price target of $129.5, an increase of 1.57% from the previous average price target of $127.50. The analysts' ratings range from bullish to indifferent.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:21 pm

RKT

Rocket Companies reported Q2 losses of $(0.02) per share, beating the analyst consensus estimate of $(0.05) by 60%. The company also reported quarterly sales of $1.24 billion, surpassing the analyst consensus estimate of $983.18 million by 25.71%. However, this represents a decrease of 11.21% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:21 pm