Streetbeat News

Revenues

FBZ

GABF

STNE

StoneCo Ltd. (NASDAQ:STNE) shares fell after reporting Q1 FY24 results with revenue and income missing consensus estimates. Revenue grew 13.8% Y/Y, but adjusted EPS missed expectations. The company sees positive growth in its MSMB segment and expects significant TPV growth by FY27. Exposure to STNE can also be gained through GABF and FBZ ETFs.

Portfolio Pulse from Lekha Gupta

May 14, 2024 | 3:45 pm

TREX

13 analysts have recently updated their ratings and price targets for Trex Co (NYSE:TREX), showing a mix of bullish and bearish sentiments. The average 12-month price target is now $101.0, up from $87.08, indicating a potential upside of 15.99%. Analyst actions include maintaining, raising, and lowering ratings and price targets, reflecting their views on the company's market position and financial health. Trex Co, known for its alternative decking products, has shown strong financial performance with a revenue growth rate of 56.52% and a net margin of 23.84%, outperforming industry benchmarks.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:01 pm

VTEX

Analysts have recently updated their ratings and price targets for Vtex (NYSE:VTEX), showing a mix of bullish and somewhat bullish sentiments. The average 12-month price target is now $10.0, reflecting a 21.21% increase from the previous target of $8.25. Analysts from JP Morgan, UBS, and Piper Sandler have adjusted their price targets and ratings, indicating a positive outlook on Vtex's financial performance, including a notable revenue growth rate of 24.52% as of March 31, 2024, and strong financial health metrics such as net margin and ROE.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:01 pm

FCX

Analysts have mixed views on Freeport-McMoRan (FCX), with recent ratings showing a shift towards a more neutral stance. The average 12-month price target has been raised to $54.00, indicating a 13.68% increase from the previous target. Analyst actions, including both upgrades and downgrades, reflect dynamic market conditions and company performance. Freeport-McMoRan's financials show strong revenue growth but challenges in net margin and asset utilization.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:01 pm

COMP

Analysts have updated their ratings and price targets for Compass (NYSE:COMP), showing a mix of sentiments but with a recent trend towards more neutral positions. The average 12-month price target has been raised to $4.21 from $3.61, indicating a positive outlook on the company's value. Compass's financial performance shows revenue growth but challenges in profitability and debt management.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:00 pm

UNH

The article compares UnitedHealth Group (UNH) with its competitors in the Health Care Providers & Services industry, analyzing financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. UnitedHealth shows a mix of strengths and weaknesses, with a low P/E ratio indicating potential undervaluation, a high P/B ratio suggesting a premium on its assets, and a low P/S ratio hinting at undervaluation based on sales. However, its low ROE and revenue growth compared to the industry average raise concerns about profitability and sales performance.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:00 pm

OII

Analysts have updated their ratings and price targets for Oceaneering International (NYSE:OII), showing a mix of opinions over the last three months. The average 12-month price target has been raised to $27.00, up 19.1% from the previous $22.67. The company's financial performance indicates solid revenue growth but challenges in profitability, asset utilization, and high debt levels.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:00 pm

AVGO

The article provides a detailed comparison of Broadcom (NASDAQ:AVGO) against its competitors in the Semiconductors & Semiconductor Equipment industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Broadcom is highlighted for its potential undervaluation based on P/E and P/B ratios, mixed performance in profitability and operational efficiency, and strong revenue growth.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:00 pm

AMC

GME

SPY

Meme stocks like AMC and GME continue to surge, while the Producer Price Index (PPI) report came in hotter than expected. Federal Reserve Chair Jerome Powell spoke at the annual Federal Bar Association (FBA) meeting, impacting market sentiment.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 2:49 pm

AAPL

CMCSA

NFLX

PKW

VOX

Comcast Corp announced the introduction of StreamSaver, a discounted streaming bundle including Apple TV+, Netflix, and Peacock, aimed at reducing subscriber churn. Available to video and broadband customers, this move comes as Comcast seeks to counteract the loss of pay-TV subscribers. The company reported a 1.2% revenue growth Y/Y in Q1, with Peacock subscribers increasing by 55%. Despite this, Comcast's stock has seen a slight decline over the past year. Investors can also gain exposure through Invesco BuyBack Achievers ETF and Vanguard Communication Services ETF.

Portfolio Pulse from Anusuya Lahiri

May 14, 2024 | 2:43 pm