Streetbeat News

Analyst Ratings

HOG

Harley-Davidson's Q2 earnings per share (EPS) of $1.22 missed the analyst consensus estimate of $1.25 by 2.4 percent, a 16.44 percent decrease from the same period last year. The company's quarterly sales of $1.21 billion also missed the analyst consensus estimate of $1.29 billion by 6.59 percent, a 4.82 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:05 am

ULBI

Ultralife Corporation (NASDAQ:ULBI) reported Q2 adjusted earnings of $0.29 per share, beating the analyst consensus estimate of $0.04 by 625%. This is a 866.67% increase from the same period last year. The company also reported quarterly sales of $42.70 million, beating the analyst consensus estimate of $32.00 million by 33.44%, a 32.91% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:01 am

PNR

Pentair (NYSE:PNR) reported Q2 adjusted earnings of $1.03 per share, beating the analyst consensus estimate of $0.95 by 8.42%. This is a 0.98% increase from the same period last year. The company also reported quarterly sales of $1.08 billion, beating the analyst consensus estimate of $1.06 billion by 2.08%, a 1.69% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 10:59 am

TSCO

Tractor Supply (NASDAQ:TSCO) reported Q2 earnings of $3.83 per share, missing the analyst consensus estimate of $3.92 by 2.3%. The company also reported quarterly sales of $4.18 billion, missing the analyst consensus estimate of $4.26 billion by 1.78%. However, both earnings and sales increased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 10:56 am

MAT

Mattel, Inc. (NASDAQ:MAT) reported better-than-expected Q2 results, despite a 12% decline in net sales. The company's 2023 guidance aligns with market expectations. DA Davidson analyst Linda Bolton Weiser maintained a Buy rating on Mattel shares and increased the price target from $23 to $25. Weiser noted that Mattel's point of sale was down in Q2, but not worse than the industry's performance. She sees an inflection at the start of Q3, with Barbie toys related to the movie selling out.

Portfolio Pulse from Shanthi Rexaline

July 27, 2023 | 10:54 am

META

Needham analyst Laura Martin has reiterated an 'Underperform' rating on Meta Platforms (NASDAQ:META).

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 10:47 am

SBRA

Berenberg analyst Tao Qiu has initiated coverage on Sabra Health Care REIT (NASDAQ:SBRA) with a Hold rating and a price target of $13.

Portfolio Pulse from richadhand@benzinga.com

July 27, 2023 | 10:44 am

CTRE

Berenberg analyst Tao Qiu has initiated coverage on CareTrust REIT (NYSE:CTRE) with a Buy rating and a price target of $23.

Portfolio Pulse from richadhand@benzinga.com

July 27, 2023 | 10:43 am

RTX

B of A Securities analyst Ronald Epstein has downgraded RTX (NYSE:RTX) from Buy to Neutral and lowered the price target from $120 to $95.

Portfolio Pulse from richadhand@benzinga.com

July 27, 2023 | 10:42 am

BA

B of A Securities analyst Ronald Epstein has upgraded Boeing (NYSE:BA) from Neutral to Buy and raised the price target from $225 to $300.

Portfolio Pulse from richadhand@benzinga.com

July 27, 2023 | 10:40 am