Streetbeat News

Revenues

GMAB

Genmab A/S (NASDAQ:GMAB) has updated its 2024 financial guidance, increasing its revenue forecast from DKK 18.7-20.5 billion to DKK 20.5-21.7 billion. This revision is driven by higher royalties, reimbursement revenue, and strong sales of DARZALEX and Kesimpta. The update follows Genmab's acquisition of ProfoundBio, Inc., and includes incremental R&D investments and acquisition-related charges.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:04 pm

ATOMUSD

Cosmos Hub's (CRYPTO: ATOM) price has increased by 4.55% to $5.04 within the last 24 hours, despite a 11.0% loss over the past week. The trading volume has risen by 2.0% while the circulating supply has slightly decreased. The current market cap ranking for ATOM is #41 at $1.97 billion.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 3:03 pm

STXUSD

Stacks (CRYPTO: STX) has seen a 5.18% price increase over the past 24 hours to $1.42, despite a 16.0% loss over the past week. Trading volume has climbed 48.0% over the past week, while the circulating supply has decreased by 0.16%. The current market cap ranking for STX is #36 at $2.11 billion.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 3:02 pm

CHWY

16 analysts have shared their evaluations of Chewy (NYSE:CHWY) over the past three months, showing a mix of bullish and bearish perspectives. The average 12-month price target has increased by 16.81% to $26.06. Analysts have frequently updated their recommendations, with many raising their price targets. Chewy's financial performance is strong, with impressive revenue growth, net margin, ROE, ROA, and a conservative debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 3:01 pm

INTC

The article provides a comprehensive comparison of Intel (NASDAQ: INTC) with its major competitors in the Semiconductors & Semiconductor Equipment industry. Key financial metrics indicate that Intel has a high P/E ratio, suggesting potential overvaluation, but low P/B and P/S ratios, indicating potential undervaluation. Intel's ROE, EBITDA, and revenue growth are lower than industry averages, signaling weaker financial performance and growth prospects. However, Intel has a lower debt-to-equity ratio compared to its top peers, indicating a stronger financial position.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 3:00 pm

ZG

In the last three months, 4 analysts have published ratings on Zillow Group (NASDAQ:ZG), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased by 3.04% to $59.25. Analysts from UBS, Evercore ISI Group, RBC Capital, and DA Davidson have either raised or maintained their ratings, reflecting positive market conditions and company performance. Zillow Group has shown solid revenue growth and effective financial management.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 3:00 pm

MA

The article evaluates Mastercard (NYSE:MA) against its peers in the Financial Services industry, focusing on key financial metrics, market position, and growth prospects. Mastercard shows strong profitability and operational efficiency but appears overvalued based on PE, PB, and PS ratios. Its revenue growth is below the industry average, raising concerns about future performance.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 3:00 pm

BAH

Booz Allen Hamilton (NYSE:BAH) has significantly outperformed the market over the past 10 years, delivering an average annual return of 21.13%. A $1000 investment in BAH 10 years ago would be worth $6,866.18 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 3:00 pm

CRWD

CrowdStrike Holdings (NASDAQ:CRWD) has significantly outperformed the market over the past 5 years, delivering an average annual return of 18.86%. A $100 investment in CRWD 5 years ago would now be worth $254.19. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 3:00 pm

V

The article provides a comprehensive analysis of Visa (NYSE:V) and its primary competitors in the Financial Services industry. It highlights Visa's key financial metrics, market position, and growth prospects, comparing them with industry averages and top competitors. Key takeaways include Visa's low PE ratio indicating potential undervaluation, high PB and PS ratios suggesting strong market sentiment, and high profitability metrics. However, Visa's revenue growth is lower than the industry average, which may raise concerns about future performance.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 3:00 pm