Streetbeat News

Earnings

KRO

Kronos Worldwide shares surged following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:06 pm

VITL

Vital Farms shares surged following the announcement of Q4 results that exceeded expectations, along with revenue guidance for the upcoming period that surpassed analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:04 pm

HDSN

Hudson Technologies' shares dropped following the announcement of their Q4 financial results. Concurrently, B. Riley Securities reaffirmed a Buy rating on HDSN but reduced the price target from $17 to $16.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:03 pm

REAX

The Real Brokerage Inc. shares experienced an increase following the announcement of their fourth-quarter revenue results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:01 pm

DVN

Devon Energy (NYSE:DVN) has received mixed analyst ratings over the past quarter, with a total of 8 analysts offering opinions ranging from bullish to bearish. The average 12-month price target is $55.88, a decrease from the previous $58.00. Analyst actions include maintaining, lowering, and raising ratings and price targets, reflecting varied perceptions of the company's market position. Devon Energy, a major exploration and production company in North America, has shown a negative revenue trend with a -3.58% growth, a below-industry net margin, but impressive ROE and ROA figures. The company's debt-to-equity ratio is higher than the industry average.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 4:01 pm

ARHS

Arhaus shares surged following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company's forecast for FY24 net revenue is higher than analysts' estimates.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:01 pm

CSCO

The analysis compares Cisco Systems (CSCO) with its competitors in the Communications Equipment industry, highlighting financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Cisco's lower P/E and P/B ratios suggest undervaluation, while its high P/S ratio may indicate overvaluation in sales performance. Despite a lower ROE, Cisco shows strong profitability, robust cash flow, and better revenue growth than the industry average. Cisco's lower debt-to-equity ratio suggests a stronger financial position with less reliance on debt.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 4:00 pm

ON

The analysis of ON Semiconductor (NASDAQ:ON) compared to its competitors in the Semiconductors & Semiconductor Equipment industry reveals potential undervaluation based on its lower P/E, P/B, and P/S ratios. Despite a high ROE indicating efficient use of equity, concerns arise from its lower EBITDA, gross profit, and negative revenue growth. The company's lower debt-to-equity ratio suggests a stronger financial position relative to its top 4 peers.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 4:00 pm

NVO

Novo Nordisk's CMD announced during a conference call that if the Catalent transaction closes later this year, the company's gross margin is expected to decrease in the coming years. The CFO reiterated that the deal is proceeding according to plan, supported by numerous legal opinions gathered before agreeing to the Catalent deal.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:00 pm

SMCI

Super Micro Computer (SMCI) is analyzed against its peers in the Technology Hardware, Storage & Peripherals sector, showing potential for growth with a high revenue increase of 103.25% but facing challenges in profitability and operational efficiency. The company's financial metrics like P/E, P/B, and P/S ratios suggest it might be overvalued in terms of book value and sales performance, with a lower ROE and EBITDA compared to the industry average.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 4:00 pm