Streetbeat News

Equity Actions

NCLH

Norwegian Cruise Line (NYSE:NCLH) has been reviewed by 4 analysts in the past three months, with a mix of ratings from bullish to indifferent. The average 12-month price target is $21.75, a slight increase from the previous $21.00. Analysts from Susquehanna, Wells Fargo, Tigress Financial, and Truist Securities have provided updates, with price targets ranging from $17.00 to $32.00. Norwegian Cruise Line, the third-largest cruise company, has shown a revenue growth of 56.98% and an exceptional ROE of 152.4%, but faces challenges with a low net margin of 13.64% and a high debt-to-equity ratio of 31.63.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 4:00 pm

COIN

Benzinga's options scanner revealed unusual options activity for Coinbase Global (NASDAQ:COIN), with a mix of bearish and bullish sentiment among big-money investors. Nine notable options trades were detected, with 2 puts totaling $166,341 and 7 calls totaling $289,672. The price target range based on volume and open interest is between $70 and $160. COIN's current market status shows a slight price decline with neutral RSI, and earnings are expected in 15 days. Analysts have mixed opinions, with price targets ranging from $60 to $180.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 3:45 pm

WMT

Walmart Inc. (NYSE:WMT) announced plans to build or convert over 150 stores in the next five years and remodel 650 stores in the next 12 months, creating jobs and investing in communities. Additionally, Walmart will conduct a 3-for-1 stock split to make share purchasing more attainable for its associates. The stock split was approved by the board and aligns with the company's growth and future plans, aiming to encourage associate participation in stock ownership.

Portfolio Pulse from Nabaparna Bhattacharya

January 31, 2024 | 3:37 pm

DCGO

DocGo (DCGO) announced a share buyback program of up to $36 million, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:23 pm

AMSC

AMSC shares have declined following the announcement of an upsized $60 million public offering of common stock. The offering's pricing has led to a negative reaction in the stock market.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:21 pm

TLRY

Tilray Brands (NYSE:TLRY) has seen an 8.15% increase in short interest since the last report, with 123.76 million shares sold short, representing 16.46% of available shares. It would take about 3.76 days to cover all short positions. While high short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. Tilray has a higher short interest than its peer group average of 13.48%.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 3:15 pm

IBM

IBM's short interest has decreased by 3.19% since the last report, with 24.91 million shares sold short, representing 2.73% of available shares. The short interest is above the peer group average of 2.00%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 3:15 pm

FBLG

FibroBiologics, a biotechnology company, has announced that it will be directly listing its shares on the NASDAQ stock exchange under the ticker symbol FBLG.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:01 pm

APD

Air Products & Chemicals (NYSE:APD) has seen a 19.28% increase in short interest since its last report, with 2.19 million shares sold short, representing 0.99% of its float. It would take about 2.22 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, APD has less short interest compared to its peers' average of 3.02%. The rise in short interest does not necessarily predict a stock price decline.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 2:30 pm

SINT

SINTX Technologies has announced the pricing of a public offering, aiming to raise $4.0 million through the sale of 16 million units at $0.25 per unit. Each unit consists of unspecified securities.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:21 pm