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Analyst Ratings

ESAB

ESAB (NYSE:ESAB) reported Q2 earnings of $1.21 per share, beating the analyst consensus estimate of $1.02 by 18.63%. This is a 12.04% increase from the same period last year. The company also reported quarterly sales of $720.42 million, beating the analyst consensus estimate of $656.86 million by 9.68%, a 8.96% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:38 am

TREX

Barclays analyst Matthew Bouley maintains an Equal-Weight rating on Trex Co (NYSE:TREX) and raises the price target from $62 to $72.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:37 am

LEA

Lear Corporation (NYSE:LEA) reported Q2 adjusted earnings of $3.33 per share, beating the analyst consensus estimate of $3.21 by 3.74%. This is an 86.03% increase from the same period last year. The company also reported quarterly sales of $6.00 billion, surpassing the analyst consensus estimate of $5.86 billion by 2.39%, marking an 18.30% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:35 am

SBAC

Barclays analyst Brendan Lynch maintains an Overweight rating on SBA Comms (NASDAQ:SBAC) but has lowered the price target from $306 to $296.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:33 am

TRTN

Triton International (NYSE:TRTN) reported Q2 earnings of $2.38 per share, beating the analyst consensus estimate of $2.29 by 3.93%. However, this is a 18.49% decrease from the same period last year. The company's quarterly sales were $386.50 million, missing the analyst consensus estimate of $398.14 million by 2.92%, and marking an 8.33% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:32 am

ETN

Eaton Corp (NYSE:ETN) reported Q2 earnings of $2.21 per share, beating the analyst consensus estimate of $2.11 by 4.74%. This is an 18.18% increase from the same period last year. The company also reported quarterly sales of $5.87 billion, beating the analyst consensus estimate of $5.74 billion by 2.21%, a 12.55% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:31 am

MHK

Barclays analyst Matthew Bouley maintains an Underweight rating on Mohawk Industries (NYSE:MHK) and has lowered the price target from $105 to $98.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:30 am

INMD

Barclays analyst Matt Miksic maintains an Overweight rating on InMode (NASDAQ:INMD) and raises the price target from $47 to $54.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 10:30 am

KDNY

Wells Fargo analyst Mohit Bansal has downgraded Chinook Therapeutics from Overweight to Equal-Weight, while raising the price target from $30 to $40.

Portfolio Pulse from richadhand@benzinga.com

August 01, 2023 | 10:29 am

RIVN

Cantor Fitzgerald analyst Andres Sheppard has downgraded Rivian Automotive (NASDAQ:RIVN) from Overweight to Neutral, while raising the price target from $27 to $29.

Portfolio Pulse from richadhand@benzinga.com

August 01, 2023 | 10:29 am