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Revenues

BLDR

Builders FirstSource projects its FY24 revenue to be between $17.5 billion and $18.5 billion, which is around the current analyst estimate of $17.72 billion.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:07 pm

OPCH

Option Care Health projects its FY24 net revenue to be between $4.6 billion and $4.8 billion, aligning closely with the estimated $4.63 billion.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:03 pm

ALIT

Alight (NYSE:ALIT) received mixed analyst ratings with an updated average 12-month price target of $12.2, reflecting a 7.68% increase from the previous target. The company, specializing in cloud-based human capital solutions, showed a revenue growth of 8.4% as of September 30, 2023, but struggles with profitability and efficiency metrics like net margin, ROE, and ROA. Despite these challenges, its debt management appears sound.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 12:01 pm

QTWO

Analysts have recently updated their evaluations of Q2 Holdings (NYSE:QTWO), showing a positive shift in sentiment with an average 12-month price target of $49.5, up 26.92% from the previous $39.00. The updates include raised price targets and ratings from firms like Needham and Goldman Sachs, reflecting bullish to neutral outlooks. Q2 Holdings, a provider of cloud-based virtual banking solutions, has shown a revenue growth rate of 7.06% as of September 30, 2023, but faces challenges in profitability, debt management, and efficiency metrics compared to industry standards.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 12:00 pm

BROS

Analysts have varied opinions on Dutch Bros (NYSE:BROS), with recent ratings ranging from bullish to indifferent. The average 12-month price target is now $35.00, up 10.51% from the previous $31.67. Analyst actions include maintaining and raising ratings, with price targets adjusted accordingly. Dutch Bros's financial performance shows solid revenue growth but below-average profitability and efficiency metrics. Analyst ratings are crucial for investors, reflecting expert opinions on stock performance.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 12:00 pm

RELY

In the last three months, 5 analysts have provided diverse ratings on Remitly Global (NASDAQ:RELY), with a recent shift towards a more cautious outlook. The average 12-month price target is now $23.0, down 11.54% from the previous target. Analyst actions include both upgrades and downgrades, reflecting changing market dynamics and company performance. Remitly Global, offering financial services to immigrants, shows a positive revenue trend with a 42.76% growth rate but struggles with profitability and efficiency metrics.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 12:00 pm

DASH

DoorDash (NASDAQ:DASH) received mixed analyst ratings with a recent average price target of $128.89, marking a 14.38% increase from the previous target. The company's financial performance shows a 25% year-over-year increase in gross order volume and a 31% increase in revenue. However, it faces challenges with a net margin of -6.69% and below-average ROE and ROA. The company's market capitalization is above industry average, indicating investor confidence.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 12:00 pm

GVA

Granite Construction projects its 2024 revenue to be between $3.8 billion and $4.0 billion, aligning closely with the consensus estimate of $3.85 billion. The company anticipates an adjusted EBITDA margin of 9.0% to 11.0%, SG&A expenses to be 7.5% to 8.0% of revenue, a mid-20s effective tax rate for adjusted net income, and capital expenditures of $130 million to $150 million.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:58 am

PWR

Quanta Services projects its FY24 adjusted EPS to be between $8.00 and $8.50, compared to the estimated $8.36. The company also forecasts revenues to range from $22.25 billion to $22.75 billion, surpassing the estimated $22.08 billion.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:58 am

DRVN

Driven Brands projects its FY24 revenues to be in the range of $2.35B-$2.45B, which is below the estimated $2.52B. The company also forecasts its adjusted EPS to be between $0.88 and $1.00, lower than the $1.12 estimate.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:52 am