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NOW

ServiceNow (NYSE:NOW) has received 17 analyst ratings in the last three months, ranging from bullish to bearish. The average 12-month price target is $881.53, with a high of $1000.00 and a low of $820.00, marking a slight decrease from the previous average of $888.33. Analysts have adjusted their ratings and price targets, reflecting their current views on the company's performance and market conditions. ServiceNow's financials show a positive revenue trend with a growth rate of 6.81% as of March 31, 2024, but its market capitalization is below the industry average. The company has a strong net margin of 13.33% and an ROA of 1.99%, but its ROE of 4.41% is below industry standards. Its debt-to-equity ratio of 0.28 indicates a healthy balance between debt and equity.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 9:01 pm

MITT

AG Mortgage IT (NYSE:MITT) received mixed analyst ratings with a spectrum from bullish to indifferent, based on 5 recent analyses. The average 12-month price target is set at $7.3, slightly up from the previous $7.25. Analysts from Keefe, Bruyette & Woods and JonesTrading, among others, have adjusted their ratings and price targets, reflecting a nuanced view of the company's prospects. AG Mortgage IT, a real estate investment trust, shows strong financial indicators such as a 95.79% revenue growth rate, a net margin of 65.99%, and an ROE of 5.2%, despite a high debt-to-equity ratio of 18.26.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 9:00 pm

CDRE

Cadre forecasts its FY24 net sales to be between $553M and $572M, which is around the $565M estimate previously projected.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:57 pm

HY

Hyster-Yale Materials Handling anticipates Q2 revenue and operating profit growth over the prior year, driven by increased unit volumes and shipments of higher-margin products. FY24 is expected to see a rise in Lift Truck revenues and operating profit, surpassing 2023 and previous forecasts. The company projects overall 2024 revenue, operating profit, and net income growth, despite a potential increase in the income tax rate and the expiration of tariff exemptions. Efforts to reduce leverage and improve cash flows, alongside a decrease in capital expenditures, are expected to significantly boost free cash flow in 2024.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:46 pm

MASI

Masimo anticipates its Q2 consolidated revenue to be between $480M-$510M, with an estimated consensus of $503.791M. The company also expects its adjusted EPS to range from $0.73 to $0.79, closely aligning with the estimated $0.77.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:45 pm

CFLT

Confluent has increased its FY24 total revenue forecast from approximately $950 million to about $957 million, surpassing the estimated $952.823 million. Additionally, the adjusted EPS (Earnings Per Share) outlook has been raised from $0.17 to a range of $0.19 to $0.20, exceeding the estimated $0.18.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:43 pm

CFLT

Confluent projects its Q2 total revenue to be between $229M-$230M, aligning closely with the estimated $229.25M. Additionally, the company anticipates an adjusted EPS of $0.04-$0.05, which is in line with the estimated $0.04.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:39 pm

CERT

Certara forecasts its FY24 adjusted EPS to be between $0.41 and $0.46, compared to the estimated $0.43, and anticipates revenues to range from $385M to $400M, against the expected $388.45M.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:38 pm

DEI

Douglas Emmett (NYSE:DEI) reported Q1 FFO of $0.45 per share, surpassing the $0.43 estimate, but its sales of $244.97M fell short of the $251.96M estimate. This reflects a decrease in both earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:37 pm

AGL

Agilon Health has revised its FY24 total revenue forecast to $6.125B-$6.175B, down from the prior range of $6.35B-$6.365B and below the estimated $6.5B.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:36 pm