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PDD

PDD Holdings Inc - ADR (NASDAQ:PDD) shares dropped 2.5% to $119.87, likely due to profit-taking after hitting a 52-week high post-earnings. The company reported a 123% year-on-year revenue increase to $12.52 billion for Q4 fiscal 2023, with adjusted earnings per ADS at $2.40, both surpassing estimates. The article also compares PDD's valuation metrics with peers like Amazon.com, Alibaba Group Holding, and MercadoLibre, noting PDD's price to earnings ratio has compressed by 25.56% compared to last year.

Portfolio Pulse from Henry Khederian

March 25, 2024 | 4:06 pm

JL

J-Long Group Limited reported a significant decrease in H1 2024 earnings and revenue compared to the previous year. EPS dropped to $0.05 from $0.11, and revenue fell to $14.6M from $22.4M. The decline in revenue was primarily due to decreased sales in heat transfers, partially offset by increased sales in other products. Selling, general, and administrative expenses rose, while net income decreased to $1.4M from $3.4M. The company's liquidity and capital resources showed a cash position of $768,159, with total current assets of $17M and liabilities of $6.2M.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 4:06 pm

VTEX

Analysts have updated their ratings and price targets for Vtex (NYSE:VTEX), showing a positive shift in sentiment. The average 12-month price target has risen by 34.21% to $10.2, with a high of $12.00 and a low of $8.00. Analysts from UBS, JP Morgan, Piper Sandler, B of A Securities, and Morgan Stanley have all raised their price targets, reflecting optimism about Vtex's performance. The company, known for its digital commerce platform, has shown notable revenue growth and profitability, with a revenue growth rate of 33.5% and a net margin of 5.31%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 4:05 pm

PUBM

Analyst reviews for PubMatic (NASDAQ:PUBM) over the last three months show diverse outlooks, with recent ratings becoming more bullish. The average 12-month price target has increased to $26.00, reflecting a 34.51% rise from the previous target of $19.33. PubMatic's financial performance is strong, with significant revenue growth, high net margin, and excellent ROE and ROA, outperforming industry averages. The company's debt management is also sound, indicating a robust financial structure.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 4:05 pm

GDRX

GoodRx Holdings (NASDAQ:GDRX) received mixed analyst ratings with an updated average 12-month price target of $8.36, reflecting an 18.58% increase from the previous target. The company shows a positive revenue trend with a growth rate of 6.81% as of December 31, 2023, but lags behind industry peers. Its financial strength is highlighted by an exceptional net margin of -13.16% and a low debt-to-equity ratio of 0.93.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 4:04 pm

CBWTF

Auxly Cannabis Group Inc. (OTCQB:CBWTF) reported a record net revenue of $74.3 million for 2023, a 7% increase from 2022, alongside a reduction in net loss and an increase in gross profit. The company achieved a positive adjusted EBITDA for both Q4 2023 and the full year, marking significant financial improvements. CEO Hugo Alves highlighted 2023 as a pivotal year, emphasizing cost savings, industry-leading margins, and a focus on sustainable, profitable growth for 2024.

Portfolio Pulse from Jelena Martinovic

March 25, 2024 | 4:04 pm

FSR

Fisker Inc (NYSE:FSR) stock plummeted to a record low of $0.09, a 28% drop, after announcing the termination of transaction discussions with a major automaker. The company is exploring strategic alternatives such as restructurings and asset sales, amid uncertainties. The termination also jeopardizes a financing commitment, with Fisker seeking potential waivers or alternative financing terms.

Portfolio Pulse from Henry Khederian

March 25, 2024 | 4:04 pm

SPY

USA New Home Sales for February decreased by 0.3% month-over-month, compared to a 1.7% increase in the previous month (revised).

Portfolio Pulse from Happy Mohamed

March 25, 2024 | 2:01 pm

CHRW

Recent analysis of C.H. Robinson Worldwide (NASDAQ:CHRW) by 5 analysts shows a mixed sentiment, with 3 indifferent and 2 somewhat bearish ratings. The average 12-month price target is set at $79.00, a decrease from the previous $82.20. Analysts from firms like Susquehanna and JP Morgan have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Despite a negative revenue trend and a market capitalization below industry averages, C.H. Robinson boasts strong financial indicators such as a high net margin, ROE, and ROA, alongside a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 2:01 pm

EPR

EPR Properties (NYSE:EPR), a real estate investment trust, was analyzed by 6 analysts, showing a mix of views but generally leaning towards indifference with 4 indifferent ratings. The average 12-month price target for EPR is now $49.83, up from $49.33, with individual analyst actions including both raises and lowers in ratings and price targets. The company's financial performance indicates challenges, with a decline in revenue growth, below-average net margin, ROE, and ROA, but a sound debt-to-equity ratio. EPR invests in experiential and education property segments, with the majority of revenue coming from the Experiential sector.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 2:00 pm