Streetbeat News

Earnings

CWT

WTRG

California Water Servs Gr (NYSE:CWT) will distribute a dividend payout of $0.26 per share, translating to an annualized dividend yield of 1.96%. The company has seen a growth in its dividend per share from $0.79 to $1.00 from 2019 to 2022, and an increase in earnings per share from $1.39 to $1.48. Essential Utilities (NYSE:WTRG) has the highest annualized dividend yield at 3.28% among its industry peers.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:05 pm

BCBP

PCB

PCB Bancorp (NASDAQ:PCB) is set to distribute a dividend of $0.18 per share, leading to an annualized dividend yield of 4.32%. The company has shown a steady increase in its dividend per share from $0.25 in 2019 to $0.60 in 2022. Additionally, PCB Bancorp's earnings per share have also increased from $1.63 in 2019 to $2.43 in 2022. BCB Bancorp (NASDAQ:BCBP) is mentioned as having the highest annualized dividend yield at 5.49% among industry peers.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:05 pm

BKR

USAC

Baker Hughes (NASDAQ:BKR) will distribute a dividend payout of $0.20 per share, translating to an annualized dividend yield of 2.25%. The company's dividend per share has shown a positive trend from 2019 to 2022, increasing from $0.72 to $0.73. However, its earnings per share have decreased from $0.82 in 2019 to $0.77 in 2022. USA Compression Partners (NYSE:USAC) has the highest annualized dividend yield at 10.31% among industry peers.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:05 pm

BGFV

PETS

PetMed Express (NASDAQ:PETS) is set to issue a dividend payout of $0.30 per share, resulting in an annualized dividend yield of 8.46%. The company has seen a growth in its dividend per share from $1.08 to $1.20 from 2019 to 2022. However, its earnings per share decreased from $1.29 in 2019 to $0.78 in 2022. The company's dividend yield is mid-range compared to its industry peers, with Big 5 Sporting Goods (NASDAQ:BGFV) having the highest annualized dividend yield at 11.49%.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:05 pm

GLOB

Globant reported better-than-expected Q2 results and issued strong guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 3:02 pm

BILL

Bill Holdings reported better-than-expected Q4 financial results and issued Q1 adjusted EPS guidance above estimates, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 2:56 pm

AMAT

BTCUSD

TBT

TLT

Hedge funds have been profiting from short selling long bonds, while asset allocators and their clients have been buying long term bonds, leading to a rise in the yield on 30 year Treasuries to 4.397%. This is reflected in the chart of iShares 20 Plus Year Treasury Bond ETF (NASDAQ:TLT). The Arora Report had advised its members to buy leveraged inverse ProShares UltraShort 20+ Year Treasury (NYSE:TBT), which has been highly profitable. Chinese bonds have recently been decimated and the yuan has been weakening against the dollar. Applied Materials, Inc. (NASDAQ:AMAT) reported strong earnings, but the stock is falling in the premarket due to general malaise about tech stocks. Money flows are negative in several tech stocks and ETFs, and Bitcoin (CRYPTO: BTC) has fallen close to $26,000.

Portfolio Pulse from The Arora Report

August 18, 2023 | 2:52 pm

BRID

CHGG

STG

VLGEA

The article lists five value stocks in the consumer defensive sector that may be undervalued. These include Sunlands Technology (STG), Bridgford Foods (BRID), Chegg (CHGG), iHuman (IH), and Village Super Market (VLGEA). The companies have varying P/E ratios and recent earnings per share reports. The risk of investing in these value stocks is that they may never rebound from their undervalued position.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 2:40 pm

BVN

LXU

SUZ

Benzinga Insights has identified five value stocks in the basic materials sector: ArcelorMittal (MT), CF Industries Holdings (CF), LSB Industries (LXU), Buenaventura Mining Co (BVN), and Suzano (SUZ). These companies have been selected based on their low P/E multiples, indicating they may be undervalued. Recent earnings and dividend yields have been reported for each company.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 2:39 pm

TSLA

VWAGY

XPEV

XPeng Inc's Q2 report showed a significant loss due to the price war initiated by Tesla Inc, causing XPeng's U.S. shares to drop 7% in pre-market trade. The company's gross margin turned negative 3.9% due to inventory writedowns of the G3i crossover sports utility vehicle. However, XPeng's vehicle deliveries rose 27% quarter over quarter, and the company expects to deliver between 39,000 and 41,000 vehicles in Q3. XPeng is also working with Volkswagen on developing two EVs for the Chinese market.

Portfolio Pulse from Upwallstreet

August 18, 2023 | 2:37 pm