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IT

Gartner (NYSE:IT) has significantly outperformed the market over the past 5 years, delivering an average annual return of 29.79%. A $1000 investment in Gartner 5 years ago would be worth $3,624.44 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 7:30 pm

UNH

UnitedHealth Group (NYSE:UNH) has significantly outperformed the market over the past 15 years, delivering an average annual return of 22.35%. A $100 investment in UNH 15 years ago would be worth $2,057.59 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 7:30 pm

EVO

Evotec SE has refined its 2024 guidance, expecting revenues of €790-820M, R&D expenditures of €50-60M, and adjusted EBITDA of €15-35M. The lower guidance is due to slower sales conversion and high fixed costs, but the company is on track for sustainable growth.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 7:19 pm

VPG

Vishay Precision Group shares are trading lower after the company reported worse-than-expected Q2 financial results and issued Q3 revenue guidance slightly below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 7:07 pm

BMRN

BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) has announced a strategic update focusing its Roctavian business on the U.S., Germany, and Italy, where the treatment is approved and reimbursed. The company plans to reduce annual Roctavian expenses to $60 million by 2025 and expects the treatment to be profitable by the end of that year. BioMarin reported strong Q2 results with an adjusted EPS of $0.96, beating the consensus of $0.35, and sales of $712.03 million, driven by Voxzogo and Naglazyme. The company raised its 2024 revenue guidance to $2.75-$2.825 billion and adjusted EPS guidance to $3.10-$3.25. William Blair maintains an Outperform rating on the stock.

Portfolio Pulse from Vandana Singh

August 06, 2024 | 7:06 pm

BCHUSD

Bitcoin Cash (BCH) has seen a 5.72% price increase in the past 24 hours, reaching $320.29, despite a 27.0% loss over the past week. Trading volume has climbed 8.0%, and the circulating supply has increased slightly to 19.74 million. BCH's market cap is currently $6.32 billion, ranking it #17.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 7:03 pm

VNOM

In the past three months, four analysts have provided ratings for Viper Energy (NASDAQ:VNOM), ranging from bullish to somewhat bullish. The average 12-month price target has increased to $47.5, with a high estimate of $54.00 and a low estimate of $44.00. Analysts from Barclays, Truist Securities, Piper Sandler, and Evercore ISI Group have all raised their price targets and ratings for VNOM. Viper Energy has shown strong financial performance with notable revenue growth, high net margins, and impressive ROE and ROA, although it faces challenges with a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 7:01 pm

WBTCUSD

Wrapped Bitcoin (WBTC) has seen an 8.34% price increase in the past 24 hours, reaching $56,824.00, despite a 14.0% loss over the past week. The trading volume has decreased by 17.0%, while the circulating supply has increased by 0.12%. WBTC's market cap is currently $8.81 billion, ranking it #13.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 7:01 pm

SXI

Analysts have provided mixed ratings for Standex International (NYSE:SXI) over the past quarter, with a majority being bullish. The average 12-month price target has increased slightly to $202.75. Key financial metrics show strong profitability and effective cost management, despite a recent revenue decline.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 7:01 pm

SLG

Analysts' ratings for SL Green Realty (NYSE:SLG) over the last quarter vary from bullish to bearish. The average 12-month price target has increased to $54.1, reflecting a 16.85% rise from the previous average. Analysts have recently raised their price targets, indicating a positive outlook despite the company's revenue challenges and below-industry-average ROE.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 7:00 pm