Streetbeat News

Earnings

INTC

Financial giants have shown a mixed sentiment on Intel (NASDAQ:INTC), with options trading evenly split between bullish and bearish. Analysis of 14 unusual trades reveals a balance, with 2 puts and 12 calls. The trades suggest a price window of $21.0 to $50.0 for Intel. The largest trades include both bearish and bullish positions, with significant open interest and volume in options. Intel, a leading chipmaker, is currently trading at $44.86, up 1.52%, with an RSI indicating a neutral position. The anticipated earnings release is in 70 days.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 2:47 pm

MSTR

Whales have shown a mixed sentiment on MicroStrategy (NASDAQ:MSTR), with a bearish lean in their options trading. Benzinga's options scanner revealed 35 unusual trades, indicating a price target range of $200 to $1200 for MSTR. The volume and open interest analysis suggests significant activity in both calls and puts, with a notable split in sentiment. Currently, MSTR's stock is up by 2.87% at $792.0, potentially indicating an overbought condition. The company is expected to release earnings in 74 days.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 2:47 pm

ARCC

GBDC

MHLD

NTB

RF

The article highlights notable value stocks in the financial services sector, focusing on companies with low P/E multiples, indicating potential undervaluation. Maiden Holdings, Bank of N.T Butterfield, Golub Capital BDC, Regions Financial, and Ares Capital are featured for their attractive P/E ratios and recent financial performances, including changes in earnings per share and dividend yields.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 2:47 pm

DBX

Dropbox, Inc. (NASDAQ:DBX) is set to release its Q4 earnings after the market closes on Feb. 15, 2024. Analysts predict an earnings increase to 48 cents per share from 40 cents the previous year, with revenue expected to rise to $631.13 million from $598.8 million. Following a better-than-expected Q3, DBX shares rose 1.2% to $32.41. Analysts from Keybanc, UBS, Goldman Sachs, and JMP Securities have provided ratings and price targets, with adjustments reflecting optimism towards the company's performance.

Portfolio Pulse from Avi Kapoor

February 15, 2024 | 2:43 pm

LPG

NRT

SM

VET

VTLE

Benzinga Insights identifies 5 value stocks in the energy sector based on low P/E multiples, indicating undervaluation. Vermilion Energy, Vital Energy, North European Oil, SM Energy, and Dorian LPG are highlighted for their financial metrics and recent performance, including changes in earnings per share and dividend yields.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 2:39 pm

SHAK

Shake Shack has revised its FY24 revenue outlook to $1.21B-$1.25B, slightly below the $1.25B estimate. The company also projects a Shake Shack level operating margin of 20%-21%.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 2:21 pm

HCTI

Healthcare Triangle, Inc (NASDAQ:HCTI) announced strategic cost reduction initiatives aimed at achieving profitability, with expected annualized savings of $3M-$4M in FY24. These initiatives include enhancing platform portfolios, reducing SG&A costs, streamlining leadership, adjusting market focus, and improving process efficiencies to boost gross margins and optimize operations.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 2:18 pm

ALL

The Allstate Corporation (NYSE:ALL) reported estimated catastrophe losses of $276 million for January 2024, with $218 million after-tax. The losses were mainly due to two events, offset by favorable reserve reestimates. Allstate has implemented rate increases for auto and homeowners insurance, expected to raise annualized written premiums by $363 million and $40 million, respectively. This has led to a 12.1% increase in homeowners insurance average gross written premium compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 2:10 pm

TRIP

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

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 2:06 pm

ARCH

Arch Resources reported mixed fourth-quarter financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 2:06 pm