Streetbeat News

Earnings

XOM

The options market shows a bearish sentiment towards Exxon Mobil (XOM), with 47% of trades being bearish. The predicted price range for XOM is between $90 and $135. Analysts have mixed ratings, with price targets ranging from $105 to $145. XOM's current price is $118.8, with an earnings announcement expected in 4 days.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 7:45 pm

CMG

Deep-pocketed investors are showing a bearish sentiment towards Chipotle Mexican Grill (NYSE:CMG), as revealed by Benzinga's options scanner. The activity includes 34 extraordinary options trades, with 50% of investors leaning bearish. The stock is currently trading at $60.93, up by 2.51%, with an anticipated earnings release in one day. Analysts have mixed ratings, with target prices ranging from $59 to $71.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 7:30 pm

CCB

Coastal Financial shares rose following a report of better-than-expected Q3 EPS results and an optimistic outlook for higher profitability in FY25.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 7:23 pm

PYPL

PayPal Holdings Inc (NASDAQ:PYPL) is set to report its Q3 earnings with Wall Street expecting $1.07 EPS. The stock has shown a strong bullish trend, trading above key moving averages, but its RSI suggests it may be nearing overbought levels. Analysts have a Buy rating with a price target of $78.24, indicating an 8% upside.

Portfolio Pulse from Surbhi Jain

October 28, 2024 | 7:11 pm

DPST

MTB

RF

The U.S. regional banking sector is showing strong performance, with many banks exceeding earnings expectations due to better-than-expected net interest margins and income. The Direxion Daily Regional Banks Bull 3X Shares (DPST) ETF, which offers leveraged exposure to this sector, has gained significantly in recent months. However, it remains volatile and is not recommended for long-term holding.

Portfolio Pulse from Joshenomoto@benzinga.com

October 28, 2024 | 7:08 pm

VTI

The article discusses the potential of small-cap equities to lead the market over the next decade, with Vanguard projecting an annualized return of 5% to 7% for the U.S. small-cap sector. Despite high volatility, small caps are seen as attractive long-term investments. The S&P 500 has outperformed the Russell 2000 year-to-date, but experts like Vanguard and Fidelity see potential in small caps, especially with expected rate cuts. The Vanguard Total Stock Market ETF (VTI) has also shown strong performance, up 21.75% year-to-date.

Portfolio Pulse from Stjepan Kalinic

October 28, 2024 | 7:06 pm

ENVX

Enovix (NASDAQ:ENVX) is set to announce its quarterly earnings on October 29, 2024. Analysts expect an EPS of $-0.20. Despite a past EPS beat, the stock dropped 19.15% last quarter. Enovix has an 'Outperform' rating with a $22 price target, indicating a potential 111.34% upside. The company shows strong revenue growth but struggles with profitability and debt management.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 7:03 pm

BGFV

Big 5 Sporting Goods (NASDAQ:BGFV) is set to release its quarterly earnings report on October 29, 2024. Analysts expect an EPS of $-0.25. Despite past earnings beats, the company's stock has seen significant drops post-announcement. Shares are currently down 72.24% over the past year.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 7:03 pm

PJT

PJT Partners (NYSE:PJT) is set to release its quarterly earnings report on October 29, 2024. Analysts expect an EPS of $0.93. The company's past performance shows a tendency for share price increases following EPS beats. Shares are currently trading at $139.64, up 81.04% over the past year.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 7:02 pm

SKWD

Skyward Specialty (NASDAQ:SKWD) is set to release its quarterly earnings on October 29, 2024. Analysts expect an EPS of $0.65. Despite past earnings beats, the stock has shown mixed price reactions. The company has a consensus 'Outperform' rating with a price target of $48.14, indicating a potential upside. Skyward Specialty has shown strong revenue growth and financial health, with a notable net margin and return on equity.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 7:02 pm