Streetbeat News

Earnings

PYCR

Paycor HCM (NASDAQ:PYCR) has been analyzed by 14 analysts, showing a range of sentiments from bullish to bearish. The average 12-month price target has decreased by 10.73% to $22.64. Recent analyst actions predominantly involve lowering ratings and price targets, reflecting cautious sentiment. Despite notable revenue growth, the company faces challenges in profitability and returns.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 1:00 pm

NXST

OMC

SIRI

Wall Street's top analysts have provided their latest ratings on three high-yielding tech and telecom stocks: Omnicom Group Inc. (OMC), Sirius XM Holdings Inc. (SIRI), and Nexstar Media Group, Inc. (NXST). These stocks offer dividend yields over 3% and have received various ratings and price target adjustments from analysts.

Portfolio Pulse from Avi Kapoor

July 23, 2024 | 12:58 pm

SPY

Veteran Wall Street investor Ed Yardeni downplays recession odds, citing strong earnings support for the current bull market. He notes recent market volatility with mega-cap stocks declining and small/mid-cap stocks rising, but believes the selloff is temporary. Yardeni highlights the importance of upcoming economic reports and substantial inflows into US equities as positive indicators.

Portfolio Pulse from Piero Cingari

July 23, 2024 | 12:57 pm

BANC

Banc of California shares are trading lower after the company reported mixed Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:55 pm

WRB

W.R. Berkley shares are trading higher after the company reported better-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:55 pm

PNR

Pentair shares are trading higher after the company reported better-than-expected Q2 financial results and revised its FY24 adjusted EPS guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:52 pm

UPS

UPS CEO announced that the company's growth rate will not meet the initial projections made at the beginning of the year.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:46 pm

GPC

Genuine Parts shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:46 pm

PII

Polaris Inc. (NYSE:PII) shares fell after the company reported disappointing Q2 earnings and cut its guidance. The company missed analyst expectations for both earnings per share and sales, and lowered its full-year outlook due to inventory reduction efforts and ongoing industry challenges.

Portfolio Pulse from Nabaparna Bhattacharya

July 23, 2024 | 12:43 pm

PCAR

PACCAR shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:38 pm