Streetbeat News

Earnings

CERT

Certara's stock price increased following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 6:10 pm

HGV

Hilton Grand Vacations (NYSE:HGV) has received mixed analyst ratings over the past three months, with a shift towards more bullish sentiment in the last 30 days. The average 12-month price target for HGV has increased by 24.42% to $53.5, reflecting a positive outlook. The company's financial performance shows challenges in revenue growth and ROE, but excels in net margin and ROA. Analysts' ratings and price targets suggest optimism about HGV's future stock performance.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 6:01 pm

PH

In the last three months, 8 analysts have updated their ratings on Parker Hannifin (NYSE:PH), showing a diverse range of perspectives. The recent updates indicate a shift towards more bullish sentiments, with the average 12-month price target raised to $535.5, reflecting a 14.5% increase from the previous target. Analysts from firms like TD Cowen, Evercore ISI Group, and Barclays have raised their price targets, citing dynamic market conditions and company performance. Parker Hannifin's financials show a strong market presence, with a market capitalization above industry average, a revenue growth rate of 3.13%, and exceptional net margin and ROE figures.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 6:00 pm

IBKR

Interactive Brokers Group, Inc. (NASDAQ:IBKR) reported its February 2024 brokerage metrics, showing significant growth across various indicators. Daily Average Revenue Trades (DARTs) increased by 15% YoY and 11% MoM to 2.443 million. Client equity rose by 35% YoY to $448.2 billion, while margin loan balances grew by 21% YoY to $47.4 billion. Client credit balances reached $102.9 billion, a 5% increase YoY. The number of client accounts grew by 24% YoY to 2.69 million, with an average of 206 annualized cleared DARTs per account. The average commission per cleared Commissionable Order was $2.85.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 5:50 pm

PGRU

PropertyGuru Group's shares surged following the announcement of their Q4 earnings per share (EPS) results, which exceeded expectations. Additionally, the company provided guidance for the fiscal year 2024, further boosting investor confidence.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 5:48 pm

ACIC

FIHL

HIPO

MRAI

RELI

Insurance stocks showed notable movements in Friday's intraday session. Fidelis Insurance Hldgs led the gainers with a 14.5% increase, attributed to its Q4 earnings report. American Coastal experienced the largest drop among losers, falling 15.28%, also following its Q4 earnings. Other companies like Marpai, Reliance Global Group, and Hippo Holdings saw significant gains, while FG Finl Gr, Cheche Group, and Greenlight Capital Re were among the notable losers.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 5:40 pm

MTZ

MasTec shares are trading higher following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 5:39 pm

STTK

STTK shares experienced an increase following the announcement of their Q4 earnings per share (EPS) results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 5:37 pm

PTVE

Pactiv Evergreen's stock price declined following the announcement of mixed financial results for the fourth quarter. The company's performance during this period has led to investor uncertainty, impacting the stock negatively in the short term.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 5:36 pm

PTCT

PTC Therapeutics shares are trading higher following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 5:35 pm