Streetbeat News

Revenues

VWAGY

Volkswagen has revised its 2024 forecast, now expecting 9 million vehicle deliveries and $320 billion in sales revenue, which is a reduction from previous estimates of up to 3% and 5% increases, respectively. The operating result is expected to be around $18 billion with a 5.6% return on sales.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 4:34 pm

DHR

Danaher (NYSE:DHR) has significantly outperformed the market over the past decade, with an annualized return of 18.66%. A $1000 investment in DHR 10 years ago would now be worth $5,524.26, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 4:30 pm

IONQ

TMAT

IonQ, Inc. (NYSE:IONQ) shares surged after securing a $54.5 million contract with the US Air Force Research Lab. The company has shown significant growth in sales and revenue, with $72.8 million in bookings year-to-date. IonQ is confident in meeting its annual guidance and has also announced a $9 million agreement with the University of Maryland. Despite a 43% stock decline over the past year, IonQ's recent developments have positively impacted its stock price.

Portfolio Pulse from Nabaparna Bhattacharya

September 27, 2024 | 4:25 pm

AAPL

AMZN

CELH

PHG

SONY

SWK

Amazon's July 2024 Prime Day set new sales records, with significant growth in Apple purchases and CELSIUS energy drinks topping the grocery category. Electronics sales declined, while beauty and personal care saw notable growth. Amazon's next event, Prime Big Deal Days, is expected to boost online retail growth.

Portfolio Pulse from Erica Kollmann

September 27, 2024 | 4:04 pm

GPK

Graphic Packaging Holding (NYSE:GPK) has outperformed the market over the past 5 years with an average annual return of 15.63%, resulting in a $1000 investment growing to $2,020.68. The company's market cap is $8.87 billion.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 4:00 pm

HES

Analysts have provided mixed ratings for Hess (NYSE:HES) with a recent decline in average price targets. The company's financial performance shows strong revenue growth and profitability, but high debt levels pose potential challenges.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 4:00 pm

MELI

MercadoLibre (NASDAQ:MELI) has significantly outperformed the market over the past 15 years, with an annualized return of 30.17%. A $1000 investment in MELI 15 years ago would now be worth $55,763.39, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 4:00 pm

JBL

Jabil Inc. (NYSE:JBL) has been analyzed by five analysts, showing a range of opinions from bullish to somewhat bullish. Recent analyst actions include raised price targets and ratings, with an average 12-month price target of $142.0. Despite a negative revenue trend, Jabil maintains strong profitability metrics. The company's financial health is mixed, with high net margins and ROE but a concerning debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 4:00 pm

UNM

Analysts have shown a positive shift in sentiment towards Unum Group (NYSE:UNM) over the past three months, with several raising their price targets. The average 12-month price target has increased by 5.77% to $66.33. Unum Group has demonstrated strong financial performance with a 3.6% revenue growth and a net margin of 12.15%, although its ROE is below industry benchmarks.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 4:00 pm

ASB

Analysts have provided mixed ratings for Associated Banc (NYSE:ASB) over the past three months, with a current average price target of $24.25. Recent evaluations show a slight upward trend in price targets, despite a decline in revenue growth. The company's net margin and return on equity are strong, but it faces challenges in asset utilization and debt management.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 4:00 pm