Streetbeat News

Earnings

MCD

McDonald's Inc. (NYSE:MCD) shares are trading at $267.35, with a recent increase of 0.16% and a 7.65% rise over the past month. Despite this, the stock has fallen by 1.82% over the past year. The P/E ratio of McDonald's is 23.54, which is lower than the industry average of 122.21. This could suggest that the stock is undervalued or that shareholders expect lower future growth compared to its industry peers.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 7:30 pm

VERX

BMO Capital Markets analyst Daniel Jester maintained a Market Perform rating on Vertex, Inc. (NASDAQ:VERX) but increased the price target from $24 to $28 after the company's Q3 earnings beat and raised guidance. Vertex's Q3 total revenues were up 14.9% year-over-year at $145 million. The stock experienced a significant move post-earnings, which was unexpected. Jester sees a balanced risk/reward for VERX in the near term and has adjusted FY23 and FY24 revenue estimates upwards, while slightly lowering the FY24 EPS estimate.

Portfolio Pulse from Nabaparna Bhattacharya

November 10, 2023 | 7:29 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

QQQ

SPY

TLT

TSLA

Following a poor Treasury auction and comments from Powell about raising rates, stocks initially fell but later saw buying interest due to Wall Street mechanics. iShares 20 Plus Year Treasury Bond ETF (TLT) dropped but is recovering. Consumer confidence and inflation data are expected to be market-moving, with CPI data due on November 14. Short squeezes are common on Fridays, and early trading suggests one may be occurring. Money flows are positive for big tech stocks like AAPL, AMZN, GOOG, META, MSFT, NVDA, and TSLA, while mixed for SPY and QQQ. The momo crowd is buying stocks and oil but selling gold, with smart money's actions locked. Bitcoin is seeing retail interest on hopes of a weekend price surge. The article suggests maintaining good long-term positions and having a protection band strategy with cash or hedges based on risk preference.

Portfolio Pulse from The Arora Report

November 10, 2023 | 7:03 pm

DRRX

Durect Corporation (NASDAQ:DRRX) is scheduled to release its quarterly earnings report on Monday, 2023-11-13, with analysts expecting an EPS of $-0.42. Investors are looking for an earnings beat and positive guidance for the next quarter. Durect's stock performance has been negative over the last year, with shares down 90.18%. The company's past earnings have occasionally led to share price movements, with the last quarter resulting in a 2.85% increase following an EPS beat.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 7:02 pm

LWAY

Lifeway Foods (NASDAQ:LWAY) is expected to release its quarterly earnings report on Monday, 2023-11-13, with analysts predicting an EPS of $0.16. Investors are looking for an earnings beat and positive guidance for future growth. Historically, LWAY's stock price has been sensitive to earnings performance and guidance. Last quarter, LWAY beat the EPS estimate by $0.15, leading to a 9.07% stock price increase the following day. Over the last year, LWAY shares have risen by 71.79%, trading at $12.16 as of November 09.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 7:02 pm

IMCC

IM Cannabis (NASDAQ:IMCC) is scheduled to release its quarterly earnings report on Monday, 2023-11-13, with analysts expecting an EPS of $-0.21. Investors are looking for an earnings beat and positive guidance for future growth. The company's past earnings performance shows a mix of misses and beats, with varying impacts on the stock price. Shares are currently trading at $0.4707, down 88.41% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 7:02 pm

THMO

ThermoGenesis Holdings (NASDAQ:THMO) is scheduled to release its quarterly earnings report on Monday, 2023-11-13, with an estimated EPS of $-0.21. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, the company's stock price has been sensitive to earnings performance and guidance. Last quarter, THMO missed EPS estimates by $0.92, resulting in an 11.59% share price drop the following day. Over the last year, THMO shares have declined by 76.61%, indicating a negative sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 7:02 pm

SACH

Sachem Cap (AMEX:SACH) is scheduled to release its quarterly earnings report on Monday, 2023-11-13, with analysts expecting an EPS of $0.11. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Sachem Cap's stock price has shown varied reactions to earnings reports, with both increases and decreases in share price. Currently, shares are trading at $3.43, down 4.05% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 7:02 pm

GEVO

Gevo (NASDAQ:GEVO) is expected to release its quarterly earnings report on Monday, 2023-11-13, with analysts predicting an EPS of $-0.05. Investors are looking for an earnings beat and positive guidance for the next quarter. Gevo's stock performance has been negative over the last year, with shares down 54.64%. The company's past earnings have shown mixed results with both misses and beats, affecting the stock price variably.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 7:01 pm

BWEN

Broadwind (NASDAQ:BWEN) is expected to release its quarterly earnings report on Monday, 2023-11-13, with analysts estimating an EPS of $0.08. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Broadwind's stock price has shown mixed reactions to earnings reports. Shares are currently trading at $2.76, up 64.08% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 7:01 pm