Streetbeat News

Earnings

CSCO

The article provides a comprehensive comparison of Cisco Systems (NASDAQ:CSCO) with its competitors in the Communications Equipment industry, focusing on key financial metrics, market position, and growth prospects. Cisco shows potential undervaluation with low PE and PB ratios but appears overvalued based on its high PS ratio. Despite strong profitability indicated by high EBITDA and gross profit, Cisco faces challenges with low ROE and declining revenue growth.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 3:00 pm

MA

The article provides a detailed comparison of Mastercard (NYSE:MA) with its competitors in the Financial Services industry, focusing on key financial metrics. Mastercard shows strong operational performance with high ROE, EBITDA, gross profit, and revenue growth, but its PE, PB, and PS ratios suggest potential overvaluation.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 3:00 pm

C

Unusual options activity has been detected for Citigroup (NYSE:C), with a mix of bullish and bearish sentiment among major traders. The options trades suggest a targeted price range of $55.0 to $72.5. Citigroup's stock is currently trading at $62.8, with a recent 1.05% increase. An earnings announcement is expected in 22 days.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 2:45 pm

AMGN

The options market shows a mixed sentiment towards Amgen (NASDAQ:AMGN), with 40% of trades being bullish and 40% bearish. Whales are targeting a price range of $280 to $340. Amgen's stock is currently down by 0.24% at $336.58, with an RSI indicating a potential overbought condition. The next earnings report is due in 36 days.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 2:45 pm

PRGS

Progress Software Corporation (NASDAQ:PRGS) is set to release its Q3 earnings, with analysts expecting an EPS of $1.14 and revenue of $175.94 million. The company recently announced an $875 million acquisition of ShareFile. Analysts have varied ratings, with price targets ranging from $55 to $68.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 1:57 pm

ELAB

KAVL

NVVE

PRFX

TGL

ZJYL

U.S. stocks edged higher with the Dow, NASDAQ, and S&P 500 showing slight gains. The Chicago Fed National Activity Index improved significantly in August. Kaival Brands, Nuvve Holding, and Treasure Global saw substantial stock price increases, while Elevai Labs, Jin Medical, and PainReform experienced declines.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 1:42 pm

TRT

Trio-Tech Intl reported a 50% increase in Q4 EPS to $0.06 and a 7.35% increase in sales to $9.75M compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 12:39 pm

WLDS

Wearable Devices reported a significant increase in revenue for H1 2024, primarily from the sale of its Mudra Band for Apple Watch. Revenue rose to $394K from $12K YoY, while EPS improved to $(0.21) from $(0.26) YoY. However, net loss increased due to higher operating expenses.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 12:33 pm

APTV

CEG

INDY

IOT

On CNBC's 'Final Trades', Samsara Inc. hit an all-time high after reporting strong earnings. Aptiv PLC received an analyst upgrade, and Constellation Energy signed a major deal with Microsoft. iShares India 50 ETF was recommended due to favorable economic conditions.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 12:26 pm

KBH

KB Home (NYSE:KBH) is set to release its Q3 earnings, with analysts expecting an EPS of $2.06, up from $1.80 last year, and projected revenue of $1.73 billion. Bank of America raised its price target for KBH from $75 to $90. The stock has a dividend yield of 1.15%, translating to a quarterly dividend of $0.25 per share. To earn $500 monthly from dividends, an investor would need 6,000 shares, worth approximately $523,380.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 12:22 pm