Streetbeat News

Analyst Ratings

CNQ

A 'death cross' has formed on the chart of Canadian Natural Res (NYSE:CNQ), which could indicate a bearish trend for the stock. This occurs when the 50-day moving average moves below the 200-day moving average. The company's stock is currently trading around $55.35. Seasoned investors may use this as a signal to start considering possible short positions.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 2:47 pm

NICE

A 'death cross' has formed on the chart of NICE (NASDAQ:NICE), which could indicate a bearish trend for the stock. This occurs when the 50-day moving average moves below the 200-day moving average. NICE is currently trading around $204.86. Seasoned investors use this as a signal to start considering possible short positions. NICE's past and upcoming earnings expectations are also provided.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 2:47 pm

HSIC

A 'death cross' has formed on the chart of Henry Schein (NASDAQ:HSIC), which could indicate a bearish trend for the stock. The death cross occurs when the 50-day moving average moves below the 200-day moving average, suggesting a potential change in the long-term trend. The company's stock is currently trading around $80.46. Seasoned investors often use this as a signal to start considering possible short positions.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 2:47 pm

EWBC

Truist Securities analyst Jennifer Demba maintains a 'Buy' rating on East West Bancorp (NASDAQ:EWBC) but lowers the price target from $64 to $62.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 2:47 pm

COLB

Truist Securities analyst Brandon King has maintained a 'Hold' rating on Columbia Banking System (NASDAQ:COLB) and lowered the price target from $23 to $22.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 2:46 pm

CMA

Truist Securities analyst Jennifer Demba maintains a 'Buy' rating on Comerica (NYSE:CMA) but has lowered the price target from $54 to $50.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 2:46 pm

AOUT

American Outdoor Brands (NASDAQ:AOUT) reported Q4 sales of $42.20 million, a decrease from Q3's $50.89 million. The company also reported a Q4 loss of $3.84 million, a 33.99% increase from Q3's loss of $2.86 million. The company's Return on Capital Employed (ROCE) for Q4 was -0.02%, suggesting ineffective capital allocation. However, the company beat analyst predictions with Q4 earnings per share at $0.06/share.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 2:45 pm

FIZZ

National Beverage (NASDAQ:FIZZ) reported Q4 earnings of $36.30 million, a 5.65% increase from Q3, and sales of $286.70 million, a 6.78% increase from Q3. The company posted a Return on Capital Employed (ROCE) of 0.1%, indicating effective capital allocation. However, its Q4 earnings per share of $0.39 did not meet analyst predictions.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 2:45 pm

ROIV

Roivant Sciences (NASDAQ:ROIV) reported Q4 sales of $27.38 million, up 84.19% from Q3, but still posted an overall loss of $60.86 million. The company's Return on Invested Capital (ROIC) was -20.49%, suggesting ineffective capital allocation. However, it beat analyst predictions for Q4 earnings per share, reporting $-0.2/share against the predicted $-0.36/share.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 2:45 pm

GIS

General Mills (NYSE:GIS) reported Q4 earnings of $620.10 million, an 11.15% increase from Q3, despite a 1.87% decrease in sales to $5.03 billion. The company posted a Return on Capital Employed (ROCE) of 0.06%, indicating effective capital allocation. General Mills also beat analyst predictions with Q4 earnings per share at $1.12.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 2:45 pm