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Revenues

AXS

Axis Capital Holdings (NYSE:AXS) has received mixed analyst ratings over the past three months, with a current average 12-month price target of $71.8, reflecting a 4.06% increase from the previous target. Analyst actions include maintaining and raising ratings and price targets, indicating varied expectations for the company's performance. Despite its achievements, Axis Capital faces challenges such as below-average market capitalization, revenue growth, net margin, ROE, ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:01 pm

CVNA

Analyst ratings for Carvana (NYSE:CVNA) have shown a diverse range of opinions, with recent updates indicating a shift towards more positive outlooks. The average 12-month price target for CVNA has risen by 41.8% to $66.8, with individual analyst actions including rating upgrades and increased price targets. Despite this, Carvana faces challenges in revenue growth, profitability, and debt management, with key financial metrics lagging behind industry averages.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:00 pm

SUM

Summit Materials (NYSE:SUM) has been evaluated by 13 analysts over the last three months, showing a diverse range of opinions. The average 12-month price target for SUM is $44.92, with a high estimate of $53.00 and a low of $38.00, marking a 5.84% increase from the previous target of $42.44. Analysts from firms like Truist Securities, RBC Capital, Barclays, Goldman Sachs, JP Morgan, and Stephens & Co. have updated their ratings and price targets, reflecting a generally positive outlook. Summit Materials, engaged in the production and sale of construction materials, shows a positive revenue trend with a 19.53% growth rate as of December 31, 2023, but faces challenges in net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:00 pm

BJ

BJ's Wholesale Club (NYSE:BJ) was analyzed by 11 analysts, showing a mix of opinions. Recent updates include raised price targets and ratings by several analysts, reflecting a positive outlook on the company's performance. The average 12-month price target is now $79.82, up from $75.56. BJ's financials indicate strong growth and financial health, with notable revenue growth, net margin, ROE, and ROA, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:00 pm

CNC

HQY

MOH

PGNY

UNH

An analysis of UnitedHealth Group (UNH) compared to its competitors in the Health Care Providers & Services industry reveals potential undervaluation based on its PE ratio, high valuation on assets per PB ratio, and strong profitability indicated by high ROE and EBITDA. Despite these strengths, its revenue growth is slightly lower than the industry average. Competitors analyzed include Centene Corp (CNC), Molina Healthcare Inc (MOH), HealthEquity Inc (HQY), and Progyny Inc (PGNY).

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:00 pm

VMC

Vulcan Materials (NYSE:VMC) received mixed analyst ratings with 8 analysts offering insights in the past three months. The average 12-month price target is $266.88, reflecting a 5.85% increase from the previous target. Analysts from firms like Truist Securities, JP Morgan, and Goldman Sachs have raised their price targets, indicating a positive outlook on VMC's performance. Vulcan Materials, a leading producer of construction aggregates in the US, reported a revenue growth rate of 5.91% and a net margin of 12.4%, outperforming industry averages in profitability but facing challenges in asset utilization and financial leverage.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:00 pm

FBTC

GBTC

IBIT

Bitcoin spot ETFs experienced a net outflow of $85.84 million on April 1, with Grayscale's GBTC seeing a $302 million outflow, while BlackRock's IBIT and Fidelity's FBTC enjoyed inflows of $165 million and $43.99 million, respectively. Despite this, Bitcoin spot ETFs have seen over $12 billion in net inflows year-to-date. A Coinshares report indicates a recovery in investor sentiment with $862 million in inflows last week, despite a slowdown in ETF activity and a regional divergence in investment trends.

Portfolio Pulse from Murtuza Merchant

April 02, 2024 | 2:33 pm

0069.HK

HTHT

Shangri-la Asia Ltd. (0069.HK) reported a profit of $184 million last year, marking a return to profitability after three years of losses, driven by a strong rebound in the tourism industry. The company, which operates high-end hotels, saw its revenue increase by 46.5% to $2.14 billion. It also resumed dividend payments with HK$0.15 per share. The tourism recovery, particularly in China and Hong Kong, and efficient cost management during the pandemic contributed to its success. Despite its solid fundamentals, Shangri-la's valuation remains low compared to peers, with a P/E ratio of around 12 times.

Portfolio Pulse from The Bamboo Works

April 02, 2024 | 2:09 pm

MKSI

Analysts have updated their ratings and price targets for MKS Instruments (NASDAQ:MKSI), showing a positive outlook with an average 12-month price target of $127.0, up 19.59% from the previous $106.20. Recent updates include raised price targets from Wells Fargo, Keybanc, Benchmark, and Needham, reflecting optimism about the company's future performance despite a -17.86% revenue decline and challenges in debt management and return metrics.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 2:01 pm

ZTS

Zoetis (NYSE:ZTS) received mixed analyst ratings over the past three months, with a recent shift towards more bullish perspectives. The average 12-month price target for ZTS has been raised to $225.25, reflecting a 2.97% increase from the previous target. Analysts from Stifel, Piper Sandler, Barclays, and Goldman Sachs have adjusted their ratings and price targets, indicating a positive outlook on Zoetis's performance. The company, a leader in animal health products, has shown strong financial indicators such as revenue growth, net margin, ROE, and ROA, despite a high debt-to-equity ratio and market capitalization below industry average.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 2:00 pm