Streetbeat News

Earnings

GAIN

HTBK

VLY

Wall Street's most accurate analysts have provided their views on three high-dividend-yielding financial stocks: Valley National Bancorp (VLY), Heritage Commerce Corp (HTBK), and Gladstone Investment Corporation (GAIN). Despite their high yields, recent quarterly results for all three companies were weaker than expected, leading to mixed analyst ratings and price target adjustments.

Portfolio Pulse from Avi Kapoor

May 24, 2024 | 12:22 pm

AKAN

INTU

NCPL

ROST

WDAY

Ross Stores, Inc. (NASDAQ:ROST) shares surged over 8% in pre-market trading after reporting better-than-expected earnings and raising its profit forecast. The company posted quarterly revenue of $4.858 billion and earnings of $1.46 per share, surpassing estimates. Other notable pre-market movers include Netcapital Inc. (NASDAQ:NCPL), Akanda Corp. (NASDAQ:AKAN), and Workday, Inc. (NASDAQ:WDAY).

Portfolio Pulse from Avi Kapoor

May 24, 2024 | 12:22 pm

BAH

Booz Allen Hamilton shares are trading higher following better-than-expected Q4 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 12:12 pm

DECK

Deckers Outdoor shares are trading higher after the company reported better-than-expected Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 12:10 pm

PAGS

PagSeguro Digital shares are trading higher after the company reported a year-over-year increase in Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 12:09 pm

BNTX

BioNTech (NASDAQ:BNTX) has received mixed analyst ratings over the past three months, with a slight increase in the average 12-month price target to $112.55. Analysts have varied in their recommendations, with some maintaining or raising their ratings and others lowering them. BioNTech faces financial challenges, including a significant revenue decline and below-average profitability metrics.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 12:01 pm

KYMR

Kymera Therapeutics (NASDAQ:KYMR) received mixed ratings from 5 analysts over the past three months, with a majority being bullish. The average 12-month price target increased by 17.75% to $52.2. Analysts' actions include maintaining, raising, and lowering ratings, reflecting their response to recent developments. Kymera's financial performance shows impressive revenue growth and effective cost management, despite challenges in net margin and return on equity.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 12:01 pm

INTU

Intuit Inc. (NASDAQ:INTU) shares are trading lower on Friday in the premarket session despite reporting strong third-quarter results. Revenue increased 12% year over year to $6.737 billion, beating the consensus estimate of $6.647 billion. The company has seen increased customer preference for premium features and enhanced AI capabilities in its TurboTax software. However, the stock is down 5.33% premarket.

Portfolio Pulse from Nabaparna Bhattacharya

May 24, 2024 | 11:59 am

DOMO

Domo shares are trading lower after the company reported mixed Q1 financial results and issued Q2 guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 11:56 am

BNED

Barnes & Noble Education shares are trading lower following the company's report of preliminary FY24 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 11:54 am