Streetbeat News

Revenues

FND

13 analysts have shared their views on Floor & Decor Holdings (NYSE:FND) over the past quarter, showing a range of opinions from bullish to bearish. The average 12-month price target has decreased by 4.8% to $113.92. Analysts have adjusted their ratings and price targets, reflecting a negative shift in sentiment. Despite challenges like a 2.21% decline in revenue growth, the company shows strong profitability with a net margin of 4.56% and effective asset utilization with an ROA of 1.07%.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 9:01 pm

STLD

Steel Dynamics (NASDAQ:STLD) has significantly outperformed the market over the past 5 years, delivering an average annual return of 31.96%. A $100 investment in STLD 5 years ago would be worth $407.23 today. The company's current market capitalization is $20.18 billion.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 9:00 pm

LRCX

Lam Research (NASDAQ:LRCX) has significantly outperformed the market over the past 10 years, delivering an average annual return of 29.36%. A $100 investment in LRCX 10 years ago would be worth $1,297.74 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 9:00 pm

ASML

CRWD

MSFT

This week saw significant market movements driven by various global events. The S&P 500 and Nasdaq 100 indices experienced their worst weekly performance in three months, primarily due to a selloff in chipmakers. A failed assassination attempt on Donald Trump and rising election odds for Trump also influenced the market. The semiconductor sector was hit hard by potential U.S. export restrictions targeting ASML Holding N.V. and Tokyo Electron. Additionally, a global tech outage caused by a CrowdStrike software update affected Microsoft systems, leading to widespread disruptions. Fed Chair Jerome Powell's comments on inflation and rising unemployment claims have increased expectations for a September rate cut, which has already impacted mortgage rates and refinancing demand.

Portfolio Pulse from Piero Cingari

July 19, 2024 | 8:36 pm

FI

Fiserv (NYSE:FI) has outperformed the market over the past 15 years with an average annual return of 18.45%, significantly boosting its market capitalization to $91.30 billion. A $100 investment in Fiserv 15 years ago would be worth $1,266.56 today.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 8:30 pm

SHOP

Shopify (NYSE:SHOP) has significantly outperformed the market over the past 15 years, delivering an average annual return of 16.85%. A $100 investment in Shopify 15 years ago would be worth $1,031.02 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 8:30 pm

ETRN

Equitrans Midstream (NYSE:ETRN) reported Q2 earnings of $0.11 per share, missing the analyst estimate of $0.14. However, sales were $361.60 million, beating the estimate of $345.76 million. Earnings increased by 22.22% year-over-year, and sales increased by 13.54% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 8:26 pm

BLK

Cryptocurrency markets are experiencing significant gains, with Bitcoin, Ethereum, and Dogecoin among the top performers. Bitcoin's open interest has reached its highest since June 23, and notable developments include a $230M hack at WazirX and BlackRock's BUIDL Tokenization Fund hitting $500M in assets. Analysts predict further gains for Bitcoin, Ethereum, and Solana.

Portfolio Pulse from Khyathi Dalal

July 19, 2024 | 8:23 pm

VIOT

Viomi Technology is divesting certain IoT@Home businesses for a total consideration of RMB65 million in cash.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 8:08 pm

BOOT

In the last three months, 14 analysts have published ratings on Boot Barn Holdings (NYSE:BOOT), with a majority being bullish. Analysts have raised their 12-month price targets, reflecting an average target of $129.5, a 19.91% increase from the previous average. Despite revenue challenges, Boot Barn Holdings shows strong net margins and effective asset utilization.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 8:01 pm