Streetbeat News

Equity Actions

JD

A significant amount of unusual options activity has been detected for JD.com (NASDAQ:JD), with a majority of investors taking a bullish stance. The price range targeted by these investors over the last 3 months is $20.0 to $45.0. The current price of JD.com is $24.36, down by 1.77%. Several financial institutions have maintained or downgraded their ratings on JD.com, with price targets ranging from $31 to $67.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 4:15 pm

PLD

Unusual options activity has been observed for Prologis (NYSE:PLD), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 15 options trades for Prologis, with 80% of the sentiment being bearish. The price target for Prologis over the last 3 months has been targeted at $105.0. Truist Securities, Raymond James, and Barclays have given price targets of $135, $130, and $153 respectively.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 4:01 pm

ABNB

The article provides a detailed comparison of Airbnb (NASDAQ:ABNB) with its competitors in the Hotels, Restaurants & Leisure industry. It evaluates Airbnb's financial metrics, market position, and growth potential. The analysis reveals that Airbnb's P/E ratio is lower than the industry average, suggesting potential undervaluation. However, its P/B and P/S ratios are higher, indicating potential overvaluation. Airbnb's ROE is lower than the industry average, but it has a higher EBITDA and gross profit. The company's revenue growth is lower than the industry average. Airbnb's debt-to-equity ratio is lower than its top 4 peers, indicating a stronger financial position.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 4:00 pm

AAPL

A comprehensive industry comparison has been conducted, evaluating Apple and its primary competitors in the Technology Hardware, Storage & Peripherals industry. The analysis shows that Apple has a lower PE ratio than the industry average, suggesting potential for growth. However, its high PB and PS ratios suggest that the stock might be overvalued. Apple's high ROE, EBITDA, and gross profit indicate efficient use of resources and strong profitability, but its revenue growth is significantly lower than the industry average.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 4:00 pm

TIO

Tingo Group, Inc. (NASDAQ:TIO) has signed a Memorandum of Understanding with the Khyber Pakhtunkhwa Information Technology Board (KPITB) to launch and roll out its business and service offerings in Pakistan. The agreement aims to revolutionize Pakistan's agriculture sector, improve food production levels, and enhance food security. Tingo's technology applications and platforms will be implemented in the agricultural sector to increase crop yields and reduce post-harvest losses. The company will also introduce its online agri-marketplace platform in Pakistan.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 3:32 pm

TZOO

Travelzoo reported better-than-expected Q3 financial results and announced a 1 million share buyback, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 3:30 pm

LLY

Investor Business Daily SwingTrader has reportedly purchased stock in Eli Lilly and Company (LLY).

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 3:21 pm

LLY

A significant investor has taken a bearish stance on Eli Lilly (NYSE:LLY), with 71% of recent trades being bearish. The targeted price range for Eli Lilly over the last 3 months is $290.0 to $680.0. The current price of LLY is up 1.8% at $587.02. Wells Fargo maintains an Overweight rating on Eli Lilly with a price target of $650, while UBS downgraded its action to Buy with a price target of $710.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:01 pm

AEP

American Electric Power Inc.'s (AEP) stock price is currently at $74.33, after a 1.33% increase. However, over the past month, the stock decreased by 2.64%, and in the past year, by 15.01%. The company's P/E ratio is lower than the aggregate P/E of the Electric Utilities industry, indicating that the stock might be undervalued. However, a low P/E ratio can also suggest weak growth prospects or financial instability.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 2:31 pm

NKE

A significant bullish stance on Nike (NYSE:NKE) has been observed, with a large position appearing in publicly available options history. Benzinga's options scanner spotted 11 options trades for Nike, with sentiment split between 54% bullish and 45% bearish. Whales have been targeting a price range from $97.5 to $110.0 for Nike over the last 3 months. Several financial institutions have maintained or upgraded their ratings on Nike, with price targets ranging from $92 to $137.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 2:16 pm