Streetbeat News

Analyst Ratings

KARO

Karooooo (NASDAQ:KARO) reported Q1 earnings of $0.27 per share, missing the analyst consensus estimate of $0.30 by 10 percent. This is a 15.62 percent decrease from the same period last year. However, the company's quarterly sales of $53.47 million beat the analyst consensus estimate of $52.57 million by 1.70 percent, marking a 3.74 percent increase from the previous year.

Portfolio Pulse from totan@benzinga.com

July 19, 2023 | 8:33 pm

CRWD

CrowdStrike Holdings's (NYSE:CRWD) short percent of float has fallen 14.04% since its last report, with 6.40 million shares sold short, which is 2.94% 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, CrowdStrike has less short interest, with the peer group average at 5.33%.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 8:15 pm

SGEN

Seagen's (NYSE:SGEN) short percent of float has fallen 8.66% since its last report, indicating a more bullish sentiment towards the stock. The company has 5.62 million shares sold short, which is 4.01% of all regular shares available for trading. This is higher than the average short interest of its peer group, which stands at 3.44%.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 8:15 pm

GEHC

GE HealthCare Techs (NYSE:GEHC) has seen a 9.01% increase in short percent of float since its last report, with 8.82 million shares sold short, representing 2.42% of all regular shares available for trading. This could indicate a bearish market sentiment towards the stock. However, compared to its peers, GEHC has less short interest as a percentage of float, with the average being 3.28%.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 8:15 pm

EFX

Equifax (NYSE:EFX) reported Q2 earnings of $1.71 per share, beating the analyst consensus estimate of $1.67 by 2.4 percent. However, this is a 18.18 percent decrease from the same period last year. The company's quarterly sales of $1.32 billion met the analyst consensus estimate, marking a 0.08 percent increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:11 pm

MCRI

Monarch Casino & Resort (NASDAQ:MCRI) reported Q2 earnings of $1.14 per share, missing the analyst consensus estimate of $1.17 by 2.56%. The company also reported quarterly sales of $123.68 million, missing the analyst consensus estimate of $123.87 million by 0.15%. Despite the misses, both earnings and sales show an increase compared to the same period last year.

Portfolio Pulse from vinayak@benzinga.com

July 19, 2023 | 8:11 pm

BAC

JPM

Bank of America Corp (BAC) reported Q2 earnings that beat consensus estimates, driven by higher interest income amid the Federal Reserve's rate hike campaign. The bank reported earnings of 88 cents per share, ahead of the 84 cent Street estimate, on revenues of $25.33 billion. Despite the positive earnings, the bank's net interest income has been under scrutiny due to a slowdown in loan and deposit growth. Analysts from Oppenheimer and BMO Capital Markets have adjusted their price targets for BAC, while Keefe, Bruyette, & Woods gave the bank an Underperform rating.

Portfolio Pulse from AJ Fabino

July 19, 2023 | 8:03 pm

NFLX

Netflix reported Q2 earnings of $3.29 per share, beating the analyst consensus estimate of $2.85 by 15.44%. However, the company's quarterly sales of $8.19 billion missed the analyst consensus estimate of $8.29 billion by 1.24%. This represents a 2.81% increase in earnings and a 2.72% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:02 pm

SPG

A significant bearish stance has been taken on Simon Property Group (NYSE:SPG) by a whale investor. Out of the 10 unusual trades detected, 70% were bearish and 30% bullish. The total amount for the 8 puts was $391,923 and for the 2 calls was $125,800. The price target range for SPG over the last 3 months has been $110.0 to $130.0. The current price of SPG is up 1.64% at $123.52. UBS, Wolfe Research, and Stifel have maintained their ratings on SPG with price targets of $121, $127, and $139 respectively.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 8:01 pm

HLNE

Hamilton Lane (NASDAQ:HLNE) has received 2 somewhat bullish and 7 indifferent analyst ratings in the last quarter. The average 12-month price target for the company is $80.56, which has increased by 3.79% over the past month.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 8:01 pm