Streetbeat News

Earnings

ETN

Eaton Corp (NYSE:ETN) has received diverse analyst ratings over the last three months, with a total of 7 analysts offering views ranging from bullish to bearish. The recent updates show a shift towards more positive ratings, with significant raises in price targets by analysts from firms like RBC Capital, Berenberg, Evercore ISI Group, Citigroup, UBS, and Wells Fargo. The average 12-month price target is now $293.86, marking a 22.95% increase from the previous average of $239.00. Eaton's financial performance is strong, with a market capitalization above industry averages, a revenue growth rate of 10.83%, a net margin of 15.84%, and impressive ROE and ROA figures.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 4:01 pm

BBW

Build-A-Bear Workshop, Inc. (NYSE:BBW) shares surged after reporting Q4 earnings of $1.34 per share, surpassing Wall Street expectations of $1.32. However, revenue of $149.278 million slightly missed the forecast of $150.45 million. The company saw a 2.9% year-over-year sales increase but a 8.8% decline in e-commerce demand. It added 14 new locations, ended the year with 525 global locations, and declared an initial quarterly dividend of $0.20 per share. FY24 outlook includes low-to-mid single-digit revenue growth and at least 50 new experience locations.

Portfolio Pulse from Nabaparna Bhattacharya

March 14, 2024 | 3:57 pm

UHG

United Homes Group's shares are trading lower following a report of a year-over-year decrease in Q4 earnings per share (EPS) results.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 3:45 pm

AUTL

Autolus Therapeutics shares are trading higher following the announcement of their FY23 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 3:31 pm

INTU

Significant bearish options activity has been observed in Intuit (NASDAQ:INTU), with a notable focus on puts valued at $665,670, indicating potential insider knowledge of forthcoming events. The options sentiment is predominantly bearish, with a price target range between $600 and $650. Despite this, Intuit's current stock price is up by 0.82% at $660.45, and analysts maintain a positive outlook with an average target price of $739. The company, known for its accounting and tax software, is currently neutral in RSI terms, with earnings expected in 68 days.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 3:17 pm

LEN

Lennar Corp's Chairman reported early signs of debt delinquencies affecting mortgage applications during a conference call. This could indicate potential challenges in the housing market and impact Lennar Corp's operations.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 3:14 pm

PATH

UiPath shares are trading lower, reversing earlier gains from the premarket session following the announcement of their Q4 earnings.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 3:10 pm

AVAH

Aveanna Healthcare Holdings' stock (AVAH) traded lower following the announcement of its Q4 financial results. Despite initial pre-market gains, the stock declined after the market opened.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 3:07 pm

HR

MPW

Healthcare Realty Trust (NYSE:HR) announced a dividend payout of $0.31 per share with an annualized yield of 7.87%, for shareholders on record as of February 23, 2024. The company has shown a steady increase in dividend per share from 2020 to 2023, despite a decrease in earnings per share over the same period. This situation suggests a commitment to maintaining dividends, but raises concerns about long-term sustainability. Medical Properties Trust (NYSE:MPW) is mentioned as having the highest annualized dividend yield among peers at 19.91%.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 3:05 pm

AWI

JCI

Armstrong World Industries (NYSE:AWI) announces a dividend payout of $0.28 per share with an annualized yield of 1.08%, ex-dividend date on February 28, 2024. The company has shown a positive trend in dividend per share from $0.81 in 2020 to $1.04 in 2023 and an increase in earnings per share from $4.03 to $5.18 over the same period. This indicates a strong financial health and commitment to rewarding shareholders. Johnson Controls Intl (NYSE:JCI) has the highest annualized dividend yield at 2.38% among industry peers.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 3:05 pm