Streetbeat News

Revenues

ARCO

Arcos Dorados Holdings Inc. (NYSE: ARCO) shares are trading lower despite reporting a 9.1% increase in total revenues for Q1 2024, slightly beating analyst expectations. The company saw a 38.6% growth in systemwide comparable sales and an 8.4% rise in Adjusted EBITDA. However, earnings per share missed estimates, coming in at 14 cents versus the expected 17 cents. Additionally, Arcos Dorados signed a regional sponsorship agreement with Formula One in Latin America.

Portfolio Pulse from Nabaparna Bhattacharya

May 15, 2024 | 3:26 pm

DT

Dynatrace reported strong Q4 earnings, exceeding revenue and EPS expectations. The company announced a $500 million stock buyback and highlighted significant 7-figure deals. Despite the positive results, the stock traded slightly lower.

Portfolio Pulse from Anusuya Lahiri

May 15, 2024 | 3:11 pm

WBTCUSD

Wrapped Bitcoin (WBTC) has seen a price increase of 4.32% in the past 24 hours, continuing a positive trend with a 3.0% gain over the past week. The trading volume has risen by 12.0%, while the circulating supply has slightly decreased. WBTC's current market cap is $9.99 billion, ranking it #15.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 3:02 pm

VFC

Over the past three months, analysts have provided mixed reviews for VF Corporation (NYSE: VFC), with a range of ratings from bullish to bearish. The average 12-month price target has decreased by 14.53% to $14.7. Analysts have adjusted their ratings and price targets, reflecting a cautious outlook on VF's financial performance, which includes declining revenue growth and below-average profitability metrics.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 3:02 pm

SGMO

In the past three months, 4 analysts have released ratings for Sangamo Therapeutics (NASDAQ:SGMO), with a mix of bullish and indifferent perspectives. The average 12-month price target has increased to $3.75 from $3.00. Key analysts include Patrick Trucchio from HC Wainwright & Co. and Luca Issi from RBC Capital. Sangamo faces challenges in revenue growth, net margin, ROE, and ROA, but maintains a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 3:01 pm

AMD

The article provides a comprehensive comparison of Advanced Micro Devices (AMD) against its competitors in the Semiconductors & Semiconductor Equipment industry. Key financial metrics such as P/E, P/B, P/S, ROE, EBITDA, gross profit, and revenue growth are analyzed. AMD shows a high P/E ratio, suggesting overvaluation, but low P/B and P/S ratios, indicating potential undervaluation. However, AMD lags behind in ROE, EBITDA, gross profit, and revenue growth, indicating weaker financial performance compared to its peers.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 3:00 pm

UBER

The article provides a comparative analysis of Uber Technologies (NYSE:UBER) against its competitors in the Ground Transportation industry. Key financial metrics indicate that Uber's stock may be overvalued, but the company shows strong operational performance and growth potential.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 3:00 pm

EW

Edwards Lifesciences (NYSE:EW) has significantly outperformed the market over the past 15 years, delivering an average annual return of 20.89%. A $1000 investment in EW 15 years ago would be worth $17,137.93 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 3:00 pm

CRM

The article provides a comprehensive analysis of Salesforce (NYSE:CRM) compared to its competitors in the software industry. Key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth are evaluated. Salesforce shows potential undervaluation with lower P/E, P/B, and P/S ratios compared to industry averages. However, its ROE is lower, indicating potential inefficiency. The company demonstrates strong profitability with high EBITDA and gross profit but has lower revenue growth compared to industry peers.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 3:00 pm

ROST

Ross Stores (NASDAQ:ROST) has outperformed the market over the past 10 years with an average annual return of 14.84%, resulting in a $100 investment growing to $386.97. The company currently has a market capitalization of $44.90 billion.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 3:00 pm