Streetbeat News

Analyst Ratings

HRB

H&R Block has reaffirmed its fiscal year 2024 revenue forecast to be between $3.53 billion and $3.585 billion, aligning with analysts' expectations of $3.552 billion. The company also maintains its adjusted earnings per share (EPS) projection at $4.10 to $4.30, closely matching the estimated $4.23 by analysts.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:24 pm

MEG

Montrose Environmental Gr (NYSE:MEG) has been analyzed by 4 analysts, showing a shift towards a more bullish perspective in the last three months. The average 12-month price target is now $41.75, down from $46.00. The company's financial health shows positive revenue growth but challenges in ROE and ROA. Analysts' ratings range from 'Buy' to 'Overweight', with price targets varying from $36.00 to $54.00.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:00 pm

GWW

Analysts have mixed views on W.W. Grainger (NYSE:GWW), with recent ratings showing a shift towards neutrality. The average 12-month price target has been raised to $917.4, indicating a 15.25% increase from the previous target. The company, a major e-retailer and distributor of maintenance and repair products, has seen a -5.01% decline in revenue growth but maintains strong financial metrics such as net margin and ROE. Analysts' upgrades reflect evolving market conditions and company performance.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:00 pm

BRBR

Needham analyst Matt McGinley maintains a Buy rating on BellRing Brands (NYSE:BRBR) and raises the price target from $52 to $62.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 8:21 pm

MCD

Citigroup analyst Jon Tower has maintained a Neutral rating on McDonald's (MCD) and reduced the price target from $327 to $310.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 8:15 pm

EMN

Citigroup analyst Patrick Cunningham maintains a Buy rating on Eastman Chemical (EMN) but lowers the price target from $96 to $95.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 8:13 pm

LYFT

UBER

Uber Technologies Inc (NYSE:UBER) is experiencing a significant stock surge, reaching new all-time highs ahead of its Q4 earnings report on Feb. 7, with expectations of 15 cents EPS and $9 billion in revenues. The stock has risen over 105% in the past year and 13% in 2024, crossing $70 a share on Feb. 6. Analysts focus on Uber's growth in mobility and delivery sectors, its financial performance, and strategic management. The company's clarification on labor reclassification and its market dominance over competitors like Lyft Inc (NASDAQ:LYFT) contribute to its positive outlook. Analyst consensus rates Uber as a Buy with a target price of $60.75, with recent estimates between $68 and $79.

Portfolio Pulse from Surbhi Jain

February 06, 2024 | 8:03 pm

SQM

Analyst ratings for Sociedad Quimica Y Minera (SQM) show a mix of sentiments, with recent adjustments reflecting a diverse outlook. The average 12-month price target has been lowered to $63.42 from $69.80, indicating a 9.14% decrease. Analyst actions include both downgrades and upgrades, with price targets ranging from $52.00 to $80.00. SQM's financials reveal challenges in revenue growth, with a -37.79% decline over 3 months, but strong profitability metrics like a net margin of 26.05% and ROE of 9.44%. The company's debt-to-equity ratio of 0.7 suggests a higher level of debt.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 8:00 pm

CLSK

In the last three months, 5 analysts have updated their ratings on Cleanspark (NASDAQ:CLSK), showing a shift towards a more bullish outlook. The average 12-month price target has been raised to $11.2, up 12% from the previous $10.00, with ratings ranging from 'Buy' to 'Overweight'. Cleanspark, a bitcoin mining company, has shown significant revenue growth of 98.83% as of September 30, 2023, but struggles with a high net margin loss of -140.98% and below-average ROE and ROA, indicating potential profitability and efficiency challenges.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 8:00 pm

SWK

Analysts have varied opinions on Stanley Black & Decker (SWK), with recent ratings ranging from indifferent to somewhat bearish. The average 12-month price target is now $92.25, down from $94.67. Key financial indicators show the company underperforming in market capitalization, revenue growth, net margin, ROE, and ROA, with a high debt-to-equity ratio. Analysts' actions and price target adjustments reflect their current views on the company's performance and market conditions.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 8:00 pm