Streetbeat News

Revenues

SSP

Scripps News is set to cut over 200 jobs and reduce its national news programming due to challenges in the linear TV advertising market. This move reflects broader industry struggles with declining ad revenues.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 3:32 pm

AZO

AutoZone (NYSE:AZO) has significantly outperformed the market over the past 20 years, with an annualized return of 20.45%. A $100 investment in AutoZone 20 years ago would now be worth $4,139.84. This highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 3:30 pm

BAH

Booz Allen Hamilton (NYSE:BAH) has delivered an average annual return of 18.08% over the past 5 years, outperforming the market by 3.74% annually. A $100 investment in BAH 5 years ago would now be worth $226.69, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 3:30 pm

LVS

MGM

MLCO

Macau-linked casino and gaming stocks are experiencing a rise in share prices, potentially due to China's plan to issue up to $284 billion in sovereign debt as a stimulus measure.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 3:25 pm

SKT

Tanger Outlet CEO discusses current shopping trends and consumer demand, providing insights into the retail sector's performance.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 3:22 pm

BIDU

FXI

KWEB

Baidu Inc (NASDAQ:BIDU) shares surged 22% this week due to favorable macroeconomic developments in China, including the People's Bank of China's aggressive monetary easing measures. These measures, such as cutting the reserve requirement ratio and repo rates, are expected to benefit Baidu by increasing liquidity and capital access, aiding its growth in AI and other tech sectors. Baidu is also set to gain from potential fiscal stimulus plans in China, which could boost infrastructure spending in areas like AI and autonomous driving.

Portfolio Pulse from Henry Khederian

September 27, 2024 | 3:08 pm

BKU

In the past three months, 9 analysts have evaluated BankUnited (NYSE:BKU), with all ratings being indifferent. The average 12-month price target has increased by 10.52% to $36.78. Analysts have adjusted their ratings and price targets, reflecting a positive shift in sentiment. BankUnited has shown a 4.53% revenue growth rate, a net margin of 21.18%, and a high debt-to-equity ratio of 1.48.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 3:01 pm

CRNX

Analysts have mixed views on Crinetics Pharmaceuticals (NASDAQ:CRNX) with a recent average price target of $77.17, reflecting a 3.35% increase. The company faces financial challenges with a significant revenue decline and negative net margin, but maintains a strong market position with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 3:01 pm

EFX

Equifax Inc. (NYSE:EFX) shares are currently priced at $291.91, with a recent 0.44% increase. Despite a 4.93% decrease over the past month, the stock has risen by 62.98% over the past year. The company's P/E ratio of 62.1 is higher than the Professional Services industry average of 50.78, suggesting potential overvaluation or expected future performance. Investors should consider the P/E ratio alongside other financial metrics and industry trends for a comprehensive analysis.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 3:01 pm

BPOP

Popular Inc (NASDAQ:BPOP) has been analyzed by 5 analysts, all of whom are somewhat bullish. The average 12-month price target is $114.4, up 9.47% from the previous target. Analysts have raised their ratings and price targets, reflecting positive sentiment. Popular's financials show strong revenue growth and ROE, but challenges in net margin and ROA.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 3:00 pm