Streetbeat News

Earnings

AGNC

AGNC Investment has seen a significant increase in the volume of its Mar 15 $11 calls, with 1403 contracts traded near the ask price of $0.19, compared to an open interest of 695. The company is expected to release its earnings report on October 23 after market close. The reference price is $10.19.

Portfolio Pulse from Charles Gross

September 18, 2023 | 4:45 pm

AZO

AutoZone, Inc. (NYSE:AZO) is expected to report higher Q4 earnings of $45.12 per share, up from $40.51 per share in the year-ago period. The company's revenue is projected to be $5.61 billion, compared to $5.35 billion in the year-ago period. Several analysts have recently adjusted their price targets for the company, with the most accurate analysts predicting a positive outlook.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 4:32 pm

CHWY

Chewy Inc's (NYSE:CHWY) shares are trading lower by 2.85% to $19.58, hitting a new all-time low. The drop follows the company's filing for a mixed shelf offering and disappointing Q2 results. The company intends to use the proceeds from the sale of securities for general corporate purposes, including debt repayment, financing acquisitions, and working capital.

Portfolio Pulse from Henry Khederian

September 18, 2023 | 4:09 pm

A whale investor has taken a bullish stance on Li Auto (NASDAQ:LI), with 50% of the investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $25.0 to $65.0 for Li Auto over the last 3 months. The price of LI is currently down -2.56% at $39.61. RSI indicators suggest that the stock may be approaching overbought. The next earnings are expected to be released in 81 days.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 3:46 pm

CHPT

ChargePoint Holdings Inc (NASDAQ:CHPT) shares are trading lower by 4.6% after Goldman Sachs analyst Mark Delaney maintained a Neutral rating and lowered the price target from $10 to $7. The company recently reported worse-than-expected Q2 results, with a net loss of 24 cents per share and quarterly sales of $150.49 million, slightly below the analyst consensus estimate of $153.24 million.

Portfolio Pulse from Henry Khederian

September 18, 2023 | 3:09 pm

BLX

Banco Latinoamericano (NYSE:BLX) is set to deliver a dividend payout of $0.25 per share, equating to an annualized dividend yield of 4.47%. The company has seen a decrease in its dividend per share from $1.54 in 2019 to $1.00 in 2022, while its earnings per share increased from $2.14 in 2019 to $2.22 in 2022. This suggests a strategic shift towards retaining more earnings for reinvestment purposes.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 3:05 pm

ADTH

LILAK

UONE

The article provides an overview of value stocks in the communication services sector, highlighting Urban One, Verizon Communications, AdTheorent Holding, Scienjoy Holding, and Liberty Latin America. These companies are considered undervalued based on their low P/E multiples. The article also discusses recent earnings per share and dividend yield for these companies.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:44 pm

ACOR

CCRN

CMRX

SPRO

VYGR

The article identifies Chimerix (CMRX), Voyager Therapeutics (VYGR), Spero Therapeutics (SPRO), Acorda Therapeutics (ACOR), and Cross Country Healthcare (CCRN) as notable value stocks in the healthcare sector. It also provides their P/E ratios and Q2 earnings per share. The article suggests that value stocks may need time to rebound from their undervalued positions.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:43 pm

FBRT

FOR

IRS

RITM

TCI

Benzinga Insights has identified five notable value stocks in the real estate sector based on their low P/E multiples. These include Transcontinental Realty (TCI), Franklin BSP Realty Trust (FBRT), IRSA Inversiones y (IRS), Forestar Group (FOR), and Rithm Capital (RITM). Recent earnings reports show increases in earnings per share for most of these companies, with changes in dividend yields also noted.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:39 pm

STLD

Steel Dynamics, Inc. (NASDAQ:STLD) has issued a caution on its Q3 outlook, projecting lower EPS than consensus estimates. The company expects profitability of steel operations to decline due to lower realized flat rolled steel pricing. Earnings from metals recycling and steel fabrication operations are also expected to decrease. Despite this, the company has repurchased $920 million worth of shares and paid $202 million in dividends to shareholders during the year.

Portfolio Pulse from Akanksha Bakshi

September 18, 2023 | 2:10 pm