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Revenues

ANIP

ANI Pharmaceuticals (NASDAQ:ANIP) has been evaluated by 4 analysts in the past three months, showing a bullish trend with an increase in the average 12-month price target to $78.00 from $71.25. The company's financial performance indicates strong growth, with a revenue increase of 57.27% as of September 30, 2023, and outperforming net margin and ROE metrics. Analysts from Guggenheim, HC Wainwright & Co., and Truist Securities have raised their price targets, reflecting positive market conditions and company performance.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 6:01 pm

CART

Analysts have mixed views on Maplebear (NASDAQ:CART), with recent ratings ranging from bullish to bearish. The average 12-month price target is $32.43, down 7.34% from previous estimates. Maplebear, known as Instacart, operates in the online grocery delivery and pickup service in the US and Canada. Despite a strong market capitalization and revenue growth of 14.37%, the company faces challenges with a net margin of -261.65%, ROE of -108.79%, and ROA of -48.71%. Its low debt-to-equity ratio of 0.01 indicates minimal reliance on debt financing.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 6:00 pm

GSK

PFE

The WHO released a report on HIV Drug Resistance, highlighting the effectiveness of dolutegravir (DTG)-containing antiretroviral therapy but also raising concerns about increasing drug resistance. ViiV Healthcare, backed by GSK and Pfizer, sells DTG under various names. The report emphasizes the need for routine surveillance to manage drug resistance and improve patient care. ViiV's phase I study of cabotegravir ultra long-acting shows promise for extended dosing intervals for HIV treatment and prevention.

Portfolio Pulse from Vandana Singh

March 05, 2024 | 5:57 pm

CNSL

PSCU

SSLY

Consolidated Communications Holdings Inc (NASDAQ:CNSL) reported a Q4 fiscal 2023 revenue decline of 7.0% Y/Y to $275.2 million, missing analyst expectations. Adjusted EPS showed a loss of $(0.26), which was better than the expected $(0.36) loss. Revenue declines were noted across Consumer, Commercial, and Carrier segments, with Adjusted EBITDA dropping 14.7% Y/Y to $86.7 million. CNSL's stock was slightly up by 0.12% at $4.29. Exposure to CNSL can also be gained through Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) and Syntax Stratified SmallCap ETF (NYSE:SSLY).

Portfolio Pulse from Anusuya Lahiri

March 05, 2024 | 5:09 pm

GBTG

Global Business Travel Group Inc (NYSE:GBTG), also known as Amex GBT, reported a 4.2% year-on-year increase in Q4 FY23 sales to $549 million, surpassing analyst expectations. The growth was attributed to an increase in Total Transaction Value due to a rise in business travel and Product & Professional Services revenue. Operating expenses decreased by 4%, and the net loss narrowed to $(46) million. Adjusted EBITDA rose by 83% to $80 million, with a significant improvement in the adjusted EBITDA margin. The company forecasts a revenue growth of 6% - 9% for FY24, aiming for $2.43 billion to $2.50 billion, slightly below the $2.51 billion estimate. Adjusted EBITDA is expected to be between $450 million and $500 million, with a free cash flow of over $100 million. GBTG shares dropped by 1.22% to $5.601.

Portfolio Pulse from Shivani Kumaresan

March 05, 2024 | 5:04 pm

PII

Analyst ratings for Polaris (NYSE:PII) show varied opinions, with recent adjustments reflecting a mix of neutral to slightly positive outlooks. The average 12-month price target is now $95.57, down from $101.00, indicating a 5.38% decrease. Polaris, known for its off-road and on-road vehicles, faces a -4.78% revenue decline but maintains strong financial health indicators such as net margin and ROE. However, its debt management poses a risk with a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 5:02 pm

TGLS

Four financial analysts have recently published their ratings on Tecnoglass (NYSE:TGLS), showing a mix of bullish and indifferent sentiments. The average 12-month price target for TGLS is now $48.25, up from $47.00, indicating a positive outlook. Analysts from DA Davidson and Stifel have adjusted their ratings and price targets, reflecting their views on the company's market position and financial health. Tecnoglass has shown strong financial performance with a revenue growth rate of 4.44%, a net margin of 21.76%, and above-average ROE and ROA, positioning it well in the Industrials sector.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 5:01 pm

GWRE

Guidewire Software (NYSE:GWRE) has been analyzed by 4 analysts, showing a shift towards a bullish perspective with a recent rating being bullish and the average 12-month price target set at $124.0, indicating a 15.35% increase from the previous target. The company, providing software solutions for insurers, shows a revenue growth of 6.21% but struggles with below-industry averages in net margin, ROE, and ROA, suggesting challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 5:00 pm

BUD

TLRY

A Canadian study published in Drug and Alcohol Dependence found that legalizing cannabis led to a decline in beer sales, with an immediate drop of 96 hectoliters per 100,000 people and a further monthly decline of four hectoliters. Canada's excise tax revenue from cannabis in the 2022-23 fiscal year surpassed that from wine and beer combined. Tilray Brands (TLRY) acquired eight beer brands from Anheuser-Busch (BUD), positioning itself in both the beer and cannabis markets. Tilray's CEO plans to infuse these drinks with THC or CBD upon U.S. legalization.

Portfolio Pulse from Maureen Meehan

March 05, 2024 | 4:40 pm

FND

Floor & Decor Holdings (NYSE:FND) received mixed analyst ratings with a total of 17 ratings in the past three months, showing a shift towards a more neutral stance. The average 12-month price target was raised to $110.65 from $98.31, indicating a 12.55% increase. The company's financial performance shows positive revenue growth, an excellent net margin, and effective asset utilization, but challenges in ROE. It operates as a specialty retailer in the hard surface flooring market, with a presence in the US and an e-commerce site.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 4:00 pm