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Earnings

AYRWF

JUSHF

The Viridian Chart of the Week highlights the high capital intensity in the cannabis industry compared to other sectors. The analysis shows that companies like Jushi (OTC:JUSHF) and AYR Wellness (OTC:AYRWF) have varying levels of capital intensity, impacting their EBITDA margins and returns on capital. The report suggests that while higher capital intensity can lead to higher EBITDA margins, it may not necessarily result in better returns on investment.

Portfolio Pulse from Viridian Capital Advisors

May 28, 2024 | 5:20 pm

DAC

Danaos Corporation (NYSE:DAC) reported Q1 FY24 results with a 4% increase in operating revenues to $253.4 million, missing the consensus of $256.0 million. Adjusted EBITDA declined to $177.2 million, and adjusted EPS of $7.15 missed the consensus of $7.74. Despite these misses, the company secured multi-year chartering agreements and added $423 million to its contracted revenue backlog. DAC shares are down 1.93% following the report.

Portfolio Pulse from Lekha Gupta

May 28, 2024 | 5:20 pm

DAVE

In the last three months, 6 analysts have published ratings on Dave (NASDAQ:DAVE), with all ratings being somewhat bullish. The average 12-month price target is $60.83, reflecting an 8.14% increase from the previous average. Key financial metrics for Dave include a 24.95% revenue growth rate, a 46.51% net margin, a 31.95% ROE, a 12.93% ROA, and a debt-to-equity ratio of 0.6.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 5:01 pm

FC

Over the past three months, five analysts have evaluated Franklin Covey (NYSE:FC), showing a range of sentiments from somewhat bullish to neutral. The average 12-month price target has decreased by 6.94%, with a current average target of $57.0. Analysts have maintained or lowered their ratings, reflecting a cautious outlook. Financial metrics indicate challenges in revenue growth, net margin, ROE, and ROA, although the company maintains a balanced debt approach.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 5:01 pm

CRK

Comstock Resources (NYSE:CRK) has received mixed ratings from 7 analysts over the past three months, with a recent average price target of $10.07. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. The company's financial performance shows challenges in revenue growth, net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 5:00 pm

ESLT

Elbit Systems Ltd. (NASDAQ:ESLT) reported first-quarter FY24 revenue of $1.554 billion, beating the consensus of $1.463 billion. Despite this, shares fell 2.89% due to a contraction in adjusted gross margin and flat operating margin. The company declared a $0.50 dividend and secured significant contracts worth over $1 billion.

Portfolio Pulse from Lekha Gupta

May 28, 2024 | 4:49 pm

DECK

Deckers Outdoor Corp (NYSE:DECK) has been upgraded from Hold to Buy by Truist Securities' analyst Joseph Civello, who also raised the price target from $1,011 to $1,200. The upgrade is driven by strong performance and growth potential in the Hoka and UGG brands.

Portfolio Pulse from Priya Nigam

May 28, 2024 | 4:47 pm

SNOW

Deep-pocketed investors are showing significant interest in Snowflake (NYSE:SNOW) with a mix of bullish and bearish options activities. Benzinga's options scanner highlighted 22 extraordinary options activities, indicating potential price movements between $85.0 and $190.0. Analysts have mixed ratings, with an average price target of $201.0.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 4:46 pm

CAVA

Cava Group, Inc. (NYSE:CAVA) shares are trading higher ahead of its first-quarter earnings report, with the stock up over 20% in the past month. Analysts expect earnings of 4 cents per share and sales of $245.935 million. The company recently opened a new production facility in Virginia, and Stifel raised its price target to $90. Cava shares are trading above the 50-day moving average, with 15.37% of shares sold short.

Portfolio Pulse from Erica Kollmann

May 28, 2024 | 4:44 pm

ENTG

UCTT

VECO

Needham analyst Charles Shi issued Buy ratings for four small-cap semiconductor companies: Entegris Inc (NASDAQ:ENTG), BE Semiconductor Industries NV (AMS: BESI), Veeco Instruments Inc. (NASDAQ:VECO), and Ultra Clean Holdings Inc (NASDAQ:UCTT). Shi believes AI-driven multiple expansions will sustain valuations, despite concerns about slower WFE growth. The analyst provided price targets and highlighted potential EPS upward revisions for these companies.

Portfolio Pulse from Hayden Buckfire

May 28, 2024 | 4:37 pm