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Earnings

MA

V

Visa Inc. (NYSE:V) shares have risen to a new all-time high, recovering from a brief post-earnings dip last week. The stock increased over 1.5% on Tuesday. Mastercard Incorporated (NYSE:MA) also reached new all-time highs on Tuesday, with its fourth-quarter earnings report expected on January 31. Visa's stock is up over 1,500% overall.

Portfolio Pulse from Ryan Gustafson

January 30, 2024 | 7:58 pm

CLX

RBC Capital Markets analyst Nik Modi maintains a Sector Perform rating on Clorox Company (NYSE:CLX) with a price target of $138. Clorox is set to release Q2 fiscal year 2024 results on Feb. 1, 2024. Despite a nearly 20% stock rally since late October, Modi is cautious due to potential issues with trash bags, cat litter, Hidden Valley Ranch, and Wipes, although charcoal is performing well. The analyst expects pricing moderation and volume challenges, and notes that the 2023 cyber-attack has delayed recovery, with ongoing shelf space challenges and a sluggish macro environment potentially impacting categories with high private label exposure. CLX shares were up 0.79% to $145.85 at last check.

Portfolio Pulse from Nabaparna Bhattacharya

January 30, 2024 | 7:28 pm

OKE

ONEOK Inc. (NYSE:OKE) shares have dropped by 0.42% in the current session to $69.36, reflecting a 1.77% decrease over the past month but a 2.23% increase over the past year. The company's P/E ratio is lower than the industry average, which could indicate that the stock is undervalued or that investors have lower growth expectations. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative analysis for a comprehensive investment decision.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 7:15 pm

HWKN

Hawkins (NASDAQ:HWKN) is expected to release its quarterly earnings report on January 31, 2024, with an estimated EPS of $0.61. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Hawkins's stock price has shown varied reactions to past earnings performances, with both increases and decreases in share price following earnings releases. Over the last year, HWKN shares have risen by 70.11%, trading at $68.0 as of January 29.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 7:01 pm

ARAY

Accuray (NASDAQ:ARAY) is scheduled to release its quarterly earnings report on January 31, 2024. Analysts predict an EPS of $-0.05. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Accuray's stock price has shown volatility post-earnings, with both increases and decreases regardless of EPS beats or misses. The stock was trading at $2.86 as of January 29, with a 12.04% increase over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 7:01 pm

KLIC

Kulicke & Soffa Indus (NASDAQ:KLIC) is expected to release its quarterly earnings report on Wednesday, 2024-01-31, with analysts estimating an EPS of $0.26. Investors are looking for an earnings beat and positive guidance for future growth. Historically, KLIC's stock price has been sensitive to earnings performance and guidance. The stock is currently trading at $53.63, down 1.27% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 7:01 pm

MXL

MaxLinear (NASDAQ:MXL) is expected to release its quarterly earnings report on January 31, 2024, with an estimated EPS of $0.01. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, MaxLinear's stock price has been sensitive to earnings performance and guidance, with significant drops following misses. Over the past year, MXL shares have declined by 50.14%, and long-term shareholders may be concerned ahead of the earnings announcement.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 7:01 pm

DGII

Digi Intl (NASDAQ:DGII) is expected to release its quarterly earnings report on January 31, 2024, with an estimated EPS of $0.44. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Digi Intl has had mixed price reactions to its earnings results. Shares are currently trading at $25.75, down 27.7% over the last year, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 7:01 pm

MX

MagnaChip Semiconductor (NYSE:MX) is scheduled to release its quarterly earnings report on January 31, 2024. Analysts predict an EPS of $-0.26. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, MagnaChip's stock price has shown varied reactions to past earnings performances, with a 3.09% drop after last quarter's beat. Over the past year, MX shares have declined by 40.31%, indicating potential concern among long-term shareholders ahead of the earnings release.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 7:01 pm

HESM

Hess Midstream (NYSE:HESM) is expected to report Q4 earnings on January 31, 2024, with an estimated EPS of $0.63. Investors are looking for an earnings beat and positive guidance for future growth. Historically, HESM's stock price has shown mixed reactions to past earnings performances. Shares are currently trading at $34.05, up 14.58% over the last year.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 7:01 pm