Streetbeat News

Earnings

FOUR

12 analysts have recently updated their ratings on Shift4 Payments (NYSE:FOUR), showing a diverse range of perspectives from bullish to bearish. The average 12-month price target is now $77.5, up 10.37% from the previous $70.22, with a high estimate of $96.00 and a low of $49.00. Analyst actions include upgrades and new ratings, reflecting a generally positive outlook on the company's performance, including its revenue growth of 23.41% as of September 30, 2023, and strong ROE and ROA figures. However, concerns are raised due to its lower net margin and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 3:01 pm

SSD

Simpson Manufacturing Co (NYSE:SSD) is scheduled to release its quarterly earnings report on 2024-02-05, with analysts estimating an EPS of $1.48. Historical data shows mixed reactions to past earnings, with the last quarter beating estimates but followed by a 4.99% drop in share price. Shares are currently trading at $185.8, up 71.6% over the last 52 weeks, indicating a positive long-term outlook. Investors will be keen on both the earnings outcome and the company's future guidance.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 3:00 pm

CNA

CNA Financial (NYSE:CNA) is scheduled to release its quarterly earnings report on Monday, 2024-02-05, with analysts expecting an EPS of $1.10. The focus will be on whether CNA Financial can surpass this estimate and provide positive guidance for the next quarter. Historical data shows that CNA Financial's stock price tends to react positively to earnings beats and guidance, with increases in share price following past earnings announcements.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 3:00 pm

AFL

Aflac (NYSE:AFL) has received mixed analyst ratings over the past three months, with a recent shift towards more positive evaluations. The average 12-month price target for Aflac has been raised to $81.00, up from $75.00, indicating an 8.0% increase. Analysts from firms like Raymond James, UBS, Goldman Sachs, Evercore ISI Group, and Morgan Stanley have adjusted their ratings and price targets, reflecting a nuanced view of Aflac's market position and financial performance. Aflac's financial indicators, such as market capitalization, revenue growth, net margin, ROE, ROA, and debt management, underscore its robust market position and financial health.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 3:00 pm

CI

Cigna's stock is trading higher following the announcement of better-than-expected Q4 results and a strong revenue outlook. Additionally, the company has increased its dividend.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 3:00 pm

CHTR

Charter Communications' shares dropped after the company reported its Q4 results, missing EPS estimates and revealing a loss of 62,000 residential Internet customers.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 2:57 pm

CING

GRI

INBS

MARK

MDVL

MINM

U.S. stocks showed mixed performance with the Dow Jones falling by 150 points and the NASDAQ rising by 0.56%. The U.S. economy added 353,000 jobs in January, surpassing expectations. Intelligent Bio Solutions Inc. (INBS), Minim, Inc. (MINM), and Remark Holdings, Inc. (MARK) saw significant stock price increases, while Cingulate Inc. (CING), MedAvail Holdings, Inc. (MDVL), and GRI Bio, Inc. (GRI) experienced notable declines.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 2:48 pm

META

SNAP

Snap shares are trading higher, influenced by Meta's strong quarterly financial results.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 2:47 pm

GNLN

HLF

MO

SENEB

STG

Benzinga Insights has identified 5 value stocks in the consumer defensive sector based on low P/E multiples, indicating undervaluation. The stocks include Greenlane Hldgs (GNLN), Seneca Foods (SENEB), Sunlands Technology (STG), Altria Group (MO), and Herbalife (HLF), each showing varied earnings per share and dividend yields in recent quarters.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 2:40 pm

AAPL

AMZN

GOOGL

META

PUB

TSLA

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin remain strong amid US banking concerns. US charges individuals in a $400M hack, and arrests are made related to BTC-e for money laundering. Apple's Q1 results lead to a pre-market drop, while Meta's stock surges 16% premarket. Investor optimism boosts the Dow by over 350 points. Global demand for AI infrastructure is highlighted by Nvidia's CEO. Amazon continues layoffs despite profits, and Google expands AI features globally. Tesla recalls Cybertrucks, and GM focuses on EV production. Publicis settles in opioid marketing case, and commercial real estate issues affect regional banking stocks.

Portfolio Pulse from Akanksha Bakshi

February 02, 2024 | 2:39 pm