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PLCE

Analyst ratings for Children's Place (NASDAQ:PLCE) show a bearish trend with a significant decrease in the average 12-month price target from $29.75 to $15.00, a 49.58% drop. Recent actions by analysts include lowering ratings and price targets, reflecting concerns over the company's performance and market conditions. Despite challenges in revenue growth and a high debt-to-equity ratio, Children's Place maintains a strong market position with a notable net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 1:00 pm

PAYO

Four financial analysts have recently shared mixed evaluations of Payoneer Global (NASDAQ:PAYO), with a consensus leaning towards a bullish outlook despite a decrease in the average 12-month price target from $7.50 to $7.00. The company has shown significant revenue growth of 30.91% over the past three months, outperforming its peers in the Financials sector. However, it faces challenges in profitability, asset utilization, and equity capital efficiency, as indicated by below-average net margin, ROA, and ROE. Payoneer's prudent financial strategy is reflected in its low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 1:00 pm

PWR

Quanta Services (NYSE:PWR) received mixed analyst ratings in the last quarter, with a shift towards a more bullish outlook in the last 30 days. The average 12-month price target for PWR is $230.75, marking a 3.48% increase from the previous target of $223.00. Analysts from Evercore ISI Group, Citigroup, and Stifel have recently adjusted their ratings and price targets, reflecting optimism about the company's performance and market position. Quanta Services, a leader in specialty contracting services, has shown strong financial health with significant revenue growth, high net margin, and effective debt management.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 1:00 pm

DIA

GLD

QQQ

SPY

USO

On February 12th, U.S. stock markets ended mixed with the Nasdaq down, the Dow up, and the S&P 500 slightly down. Japan's Nikkei 225 surged, led by gains in several sectors, while European markets and Australia's S&P/ASX 200 saw declines. Crude oil prices increased, and the U.S. dollar index slightly fell.

Portfolio Pulse from Akanksha Bakshi

February 13, 2024 | 12:56 pm

USO

OPEC has maintained its global oil-demand growth forecasts, projecting a growth of 2.2 million barrels per day (B/D) for 2024 and 1.8 million B/D for 2025, according to the Wall Street Journal.

Portfolio Pulse from Charles Gross

February 13, 2024 | 12:54 pm

LDOS

Leidos Holdings, Inc (NYSE:LDOS) reported a strong performance in Q4 FY23 with an 8% year-over-year revenue growth to $3.98 billion, surpassing the consensus of $3.80 billion. Adjusted EPS rose by 9% to $1.99, beating the consensus of $1.74. The company also saw an 8% increase in adjusted net income to $276 million and a 14% increase in adjusted EBITDA to $452 million. Looking ahead, Leidos anticipates fiscal 2024 revenue to be between $15.70 billion and $16.10 billion, with adjusted EPS expected to range from $7.50 to $7.90. Shares of LDOS were up 3.96% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

February 13, 2024 | 12:43 pm

DNUT

Krispy Kreme has projected its FY24 adjusted diluted EPS to be between $0.27 and $0.31, below the $0.38 estimate. The company expects net revenue growth of 5%-7% and adjusted EBITDA growth of 8%-11% for FY24. Additionally, Krispy Kreme is exploring strategic alternatives for Insomnia Cookies, with the FY24 guidance including operations from Insomnia Cookies.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 12:23 pm

MCO

Moody's Corporation (MCO) has provided its full year 2024 guidance, forecasting revenue growth in the high-single-digit to low-double-digit percent range and an adjusted EPS of $10.25-$11.00, which is below the estimated $11.15. The guidance also includes details on operating expenses, margins, interest expense, tax rate, cash flow, and share repurchases. Moody's Analytics expects a 10% revenue increase and Moody's Investors Service anticipates revenue growth in the high-single-digit to low-double-digit percent range.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 12:19 pm

BRKR

Bruker Corporation has updated its FY23 revenue outlook to $2.88B-$2.91B, slightly below the $2.92B estimate but higher than its previous forecast of $2.85B-$2.90B. The company also projects its FY23 adjusted EPS to be $2.48-$2.53, which is below the $2.55 estimate. Additionally, Bruker anticipates organic revenue growth of 11.5%-12.5%, a 150 basis points increase from its prior outlook.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 12:17 pm

AKTS

Akoustis expects to achieve record revenue in Q3, forecasting an 18-25% increase sequentially. CEO Jeff Shealy emphasized the company's focus on product cost savings and expense reductions.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 12:16 pm