Streetbeat News

Earnings

AGCO

Over the past three months, 6 analysts have evaluated AGCO (NYSE:AGCO), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has decreased by 3.94% to $142.33. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. AGCO's financial performance shows a decline in revenue growth but strong profitability and effective cost management.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 2:01 pm

PSTG

Pure Storage (NYSE:PSTG) has received mixed ratings from 24 analysts over the past three months, with a notable increase in bullish sentiment. The average 12-month price target has risen to $69.75, up 19.66% from the previous $58.29. Analysts have frequently updated their recommendations, reflecting evolving market conditions and company performance. Despite some financial challenges, such as a -12.2% revenue decline and below-average ROE and ROA, Pure Storage maintains a strong net margin and prudent debt management.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 2:01 pm

VRA

Vera Bradley Inc (NASDAQ:VRA) shares are plunging due to worse-than-expected Q1 FY25 earnings. The company reported a 14.6% decline in sales, a widened EPS loss, and a contraction in gross margin. Despite a challenging environment, the company reconfirmed its FY25 outlook.

Portfolio Pulse from Shivani Kumaresan

June 12, 2024 | 2:00 pm

FNKO

Over the past three months, four analysts have shared their evaluations of Funko (NASDAQ:FNKO), with all ratings being bullish. The average 12-month price target has increased to $10.88, reflecting a 5.32% rise from the previous average. Analysts from DA Davidson and B. Riley Securities have raised their price targets, indicating positive sentiment. Despite this, Funko faces financial challenges, including a decline in revenue growth and below-industry-average ROE and ROA.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 2:00 pm

BMR

GDHG

TCON

THMO

TNXP

WLGS

U.S. stocks surged with the Dow Jones gaining over 300 points as the annual CPI inflation rate fell to 3.3% in May, below expectations. Real estate shares led the market, while consumer staples saw minimal gains. Notable stock movements included significant rises for Golden Heaven Group Holdings, Beamr Imaging, and WANG & LEE GROUP, while Tonix Pharmaceuticals, ThermoGenesis Holdings, and TRACON Pharmaceuticals saw substantial declines.

Portfolio Pulse from Avi Kapoor

June 12, 2024 | 1:47 pm

DELL

Dell Technologies Inc. (NYSE:DELL) shares are currently priced at $133.83, reflecting a 1.66% increase. Despite a 11.75% drop over the past month, the stock has surged by 162.23% over the past year. The company's P/E ratio of 26.92 is lower than the industry average of 39.82, suggesting potential undervaluation or weaker growth prospects.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 1:15 pm

PRPO

Precipio anticipates that its Pathology Division will return to exceeding its breakeven point in Q3-2024.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 1:04 pm

LQR

In the last three months, 4 analysts have published ratings on LQR House (NASDAQ:LQR), with all ratings being bullish. The average 12-month price target is $5.5, slightly lower than the previous average of $5.67. LQR House aims to become a full-service digital marketing and brand development company in the alcoholic beverage space, with significant revenue growth but challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 1:00 pm

MTN

Vail Resorts Inc. (NYSE:MTN) saw a 1.04% increase in its stock price to $183.09, despite a 9.85% decline over the past month and a 27.89% drop over the past year. The company's P/E ratio is lower than the industry average, suggesting it might be undervalued.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 1:00 pm

AVGO

Broadcom Inc. (NASDAQ:AVGO) is set to release its Q2 earnings, with analysts expecting an EPS of $10.84 and revenue of $12.03 billion. The company recently announced new low-power 400G PCIe Gen 5.0 Ethernet adapters. Broadcom has a dividend yield of 1.44%, translating to a quarterly dividend of $5.25 per share. Investors would need to own 286 shares to earn $500 monthly from dividends.

Portfolio Pulse from Avi Kapoor

June 12, 2024 | 12:52 pm