Streetbeat News

Revenues

DAL

During a conference call, a Delta Air Lines executive mentioned that, similar to the first quarter, the second quarter is expected to face challenges due to the normalization of travel credits.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 2:18 pm

CRMT

FND

HD

KMX

RH

W

WOOF

WSM

Retail company shares are down due to market weakness after March inflation data exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 2:01 pm

MUSA

Murphy USA (NYSE:MUSA) has received varied analyst ratings over the past three months, with a recent shift towards a more bullish outlook. The latest ratings include four somewhat bullish and one indifferent, with an average 12-month price target of $442.6, reflecting a 10.46% increase from the previous target. Analysts from Stephens & Co. and Wells Fargo have raised their price targets, citing the company's market position and financial performance, including a notable net margin and ROE. Despite a revenue decline of -5.54% in the last quarter, Murphy USA's financial health remains strong, with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 2:01 pm

ABR

Arbor Realty Trust (NYSE:ABR) has received mixed analyst ratings over the past three months, with a shift towards a more bearish outlook. The average 12-month price target was adjusted to $14.55, marking a 2.22% decrease. The company faces revenue challenges with a -4.1% growth over 3 months but shows strong financial health with high net margin and ROE. Its debt-to-equity ratio is higher than the industry average, indicating financial risk.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 2:01 pm

CF

Analysts have provided diverse opinions on CF Industries Holdings (NYSE:CF) with recent ratings ranging from bullish to bearish. The average 12-month price target is $88.14, down 5.43% from the previous $93.20. Analyst actions include lowering price targets and maintaining ratings, reflecting responses to market dynamics and company performance. CF Industries, a leading nitrogen producer, faces a revenue decline of -39.76% but maintains strong financial metrics like net margin and ROE. The company's debt-to-equity ratio indicates substantial debt.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 2:01 pm

SPY

USA Wholesale Trade Sales for February showed a significant increase of 2.3% compared to a decrease of -1.4% in the previous month. This indicates a rebound in wholesale trade activities.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 2:00 pm

CRC

California Resources (NYSE:CRC) has been evaluated by 10 analysts over the last three months, showing a diverse range of opinions. Recent ratings indicate a shift towards a more cautious stance, with a decrease in the average price target by 0.3% to $66.3. Analysts from firms like Barclays, Mizuho, Stifel, Roth MKM, and RBC Capital have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Despite challenges in revenue growth and market capitalization, CRC's financial health is strong, with high net margin, ROE, and ROA, and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 2:00 pm

PLUG

Plug Power Inc (NASDAQ:PLUG) shares dropped 5.5% to $3.07 amid overall market weakness and hotter-than-expected March inflation data, with the CPI rising to 3.5%. Wall Street views PLUG as Neutral, with some analysts expecting a significant rise. The stock has fallen 17.09% in the past 3 months, despite a slight revenue increase.

Portfolio Pulse from Henry Khederian

April 10, 2024 | 1:56 pm

OPRA

Opera, a Norway-based web browser, has reported experiencing record user numbers in the European Union, according to VP Jan Standal. The company, which boasts over 34 million global users, attributes this growth to Europe's new tech laws.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 1:51 pm

AAPL

TSLA

Cryptocurrencies Bitcoin, Ethereum, and Dogecoin experienced a decline amid $250M in crypto liquidations, with concerns over potential Fed rate cuts. Apple is expanding into Latin America with a new office in Coral Gables. Other highlights include anticipation of US inflation data, political critiques within the US and regarding international relations, and various updates in the tech and electric vehicle sectors, including Apple's growth and Tesla's customer retention.

Portfolio Pulse from Akanksha Bakshi

April 10, 2024 | 1:49 pm