Streetbeat News

Earnings

ADM

Archer-Daniels Midland (NYSE:ADM) is expected to report an EPS of $1.43 in its upcoming quarterly earnings on 2024-03-12. Historically, ADM has surpassed EPS estimates, leading to positive stock price movements. However, shares have declined by 30.46% over the last year, indicating bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:00 pm

DUOL

Duolingo (NASDAQ:DUOL) has been analyzed by 8 analysts in the last three months, showing a diverse range of perspectives. The average 12-month price target for DUOL is $240.12, with a high estimate of $282.00 and a low of $160.00, marking an 18.09% increase from the previous average of $203.33. Analysts from firms including JP Morgan, Needham, B of A Securities, Goldman Sachs, Barclays, Piper Sandler, and UBS have updated their ratings and price targets, reflecting a positive outlook on Duolingo's financial performance, which boasts a revenue growth rate of 45.42%, a net margin of 8.03%, and a debt-to-equity ratio of 0.04.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:00 pm

LXU

LSB Industries (NYSE:LXU) received mixed analyst ratings with a shift towards a more bearish outlook in the last 30 days. The average 12-month price target is now $8.69, down 20.13% from the previous average, with analysts from RBC Capital, UBS, and Piper Sandler adjusting their ratings and price targets. LSB Industries, a manufacturer of chemical products, faces challenges with a significant revenue decline of -43.24% and a high debt-to-equity ratio of 1.18, despite a strong net margin of -4.03% and ROA of -0.41%.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:00 pm

AMD

NVDA

AMD shares fell 3.7% to $199.72 amid profit-taking and overall market weakness, despite no company-specific news. The upcoming CPI report could influence the Fed's rate decision, potentially affecting AMD's costs and stock price. NVIDIA's legal issues and the semiconductor sector's overall decline also contributed to the market sentiment. AMD has shown significant revenue growth over the past 5 years, but its forward P/E ratio is higher than its peers.

Portfolio Pulse from Henry Khederian

March 11, 2024 | 2:55 pm

KSS

Kohl's Corporation (NYSE:KSS) is anticipated to announce its Q4 earnings on March 12, 2024, with expectations of a profit of $1.28 per share compared to a loss of $2.49 per share in the previous year. Revenue is projected at $5.70 billion, slightly down from $5.78 billion. The company declared a quarterly dividend of 50 cents per share. Recent analyst ratings include a Market Perform from Telsey Advisory Group with a $25 target, a Neutral from Citigroup with a $27 target, an In-Line from Evercore ISI Group with a $24 target, and an Underperform from B of A Securities with a $22 target.

Portfolio Pulse from Avi Kapoor

March 11, 2024 | 2:50 pm

XOM

Benzinga's options scanner revealed significant options trading activity on Exxon Mobil (NYSE:XOM), with over 13 transactions totaling $421,036. Analysis of trading volumes and open interest suggests a focus on a price range between $105.0 and $125.0. The largest options trades indicate a bullish sentiment, despite the variety of puts and calls. Exxon Mobil, a leading oil and gas company, is currently trading at $108.55, with potential signs of approaching overbought territory. The anticipated earnings release is in 46 days.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 2:46 pm

Deep-pocketed investors have shown a bearish sentiment towards Zscaler (NASDAQ:ZS), with options activity indicating a divided mood: 46% bullish and 53% bearish. Notable options trades suggest a price target range of $150-$230. Zscaler, a SaaS firm specializing in cybersecurity, has seen its stock price decrease by 1.0% to $196.7. Analysts have set an average price target of $245.8, with ratings ranging from Equal-Weight to Buy. The next earnings report is expected in 80 days.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 2:46 pm

GDC

LDWY

MOMO

TEO

The article highlights five notable value stocks in the communication services sector, emphasizing their low P/E ratios as indicators of potential undervaluation. These stocks include Lendway, Telecom Argentina, KT, GD Culture Group, and Hello Gr, with recent earnings reports suggesting varied financial performance.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 2:45 pm

ALKS

INMD

KPRX

PROC

SYRS

The article identifies Kiora Pharmaceuticals, Procaps Gr, InMode, Alkermes, and Syros Pharmaceuticals as notable value stocks in the healthcare sector, based on their low P/E multiples. It provides recent earnings per share data for each company, indicating financial performance and potential risks associated with investing in value stocks.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 2:44 pm

CHCI

PMT

SEVN

SQFT

Benzinga Insights identifies 5 value stocks in the real estate sector with low P/E multiples, suggesting undervaluation. The stocks include Seven Hills Realty Trust (SEVN), Comstock Holding Co (CHCI), PennyMac Mortgage IT (PMT), Presidio Property Trust (SQFT), and Urban Edge Props (UE), each showing recent financial performance and dividend yields.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 2:39 pm