Streetbeat News

Revenues

AFRM

Affirm Holdings (NASDAQ:AFRM) reported Q2 sales of $591.10M, surpassing the analyst consensus estimate of $520.62M by 13.54% and marking a 47.94% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:07 pm

EXPE

Expedia reported a 6% year-over-year increase in Q4 gross bookings, indicating a positive trend in its business operations.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:01 pm

ALL

11 financial analysts have recently updated their ratings and price targets for Allstate (NYSE:ALL), showing a mix of bullish to bearish sentiments. The average 12-month price target has been raised to $166.73, indicating a 16.86% increase from the previous target. Analysts from firms like JP Morgan, Raymond James, and Goldman Sachs have raised their price targets, reflecting optimism about Allstate's future performance despite challenges in revenue growth, net margin, and debt management.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 9:00 pm

ENR

Energizer Holdings (NYSE:ENR) has received mixed analyst ratings over the past three months, with a shift towards a more cautious stance in the last 30 days. The average 12-month price target has been adjusted to $35.57, marking a 2.81% decrease from the previous target of $36.60. Analyst actions include both upgrades and downgrades, reflecting varied perspectives on the company's performance and market conditions. Energizer, known for its battery and lighting products, faces challenges such as a decline in revenue growth, below-average net margin, and a high debt-to-equity ratio, impacting its financial health.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 8:01 pm

CRTO

In the last three months, Criteo (NASDAQ:CRTO) received mixed analyst ratings, ranging from bullish to bearish. The average 12-month price target for CRTO has been raised to $33.25, marking a 21.66% increase from the previous target. Analysts from BMO Capital, Susquehanna, and Wells Fargo have adjusted their ratings and price targets, reflecting a positive outlook on Criteo's market performance despite its challenges in revenue growth, net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 8:01 pm

GLPI

Analyst ratings for Gaming and Leisure Props (NASDAQ:GLPI) show mixed sentiments with a recent shift towards a more bullish outlook. The average 12-month price target has been raised to $50.0, indicating a 3.09% increase from the previous target. The company's financial performance is strong, with significant revenue growth, high net margin, and efficient use of equity and assets. GLPI's prudent debt management and substantial market capitalization further underscore its robust market position.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 8:01 pm

LZ

LegalZoom.com (NASDAQ:LZ) has received mixed analyst ratings over the past quarter, with a shift towards a more bullish stance in the last 30 days. The average 12-month price target for LZ is now $13.12, down from $13.67, with analysts adjusting their price targets and ratings based on market conditions and company performance. LegalZoom.com has shown positive financial health indicators, including a revenue growth rate of 7.73% as of September 30, 2023, a net margin of 4.5%, and an ROE of 4.77%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 8:00 pm

MCK

McKesson Corporation (NYSE:MCK) reported Q3 2024 sales of $80.9 billion, a 15% increase, surpassing the consensus of $77.86 billion, primarily due to growth in the U.S. Pharmaceutical segment. Adjusted EPS was $7.74, up 12% Y/Y, beating the consensus of $7.05. The company revised its FY 2024 adjusted EPS outlook to $27.25-$27.65. Despite positive results and raised price targets by Baird and Citigroup, MCK shares fell 5.22% to $490.00.

Portfolio Pulse from Vandana Singh

February 08, 2024 | 7:30 pm

QLYS

In the past three months, Qualys (NASDAQ:QLYS) received mixed analyst ratings, with a recent shift towards a more cautious outlook. The average 12-month price target was adjusted to $188.75 from $195.67, reflecting a 3.54% decline. Analysts from Stephens & Co., RBC Capital, Wedbush, and Truist Securities have updated their ratings and price targets, indicating varied expectations for the company's performance. Qualys, a provider of cloud security and compliance solutions, has shown impressive revenue growth and profitability metrics, outperforming industry averages in net margin, ROE, and ROA, despite lagging behind in revenue growth compared to its peers.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 7:00 pm

SYF

Synchrony Financial (NYSE:SYF) received mixed analyst ratings over the past three months, with a shift towards a more bearish stance in the last 30 days. The average 12-month price target for SYF has been raised to $40.88, indicating a 10.49% increase from the previous target. Analysts from firms like Morgan Stanley, Stephens & Co., and Goldman Sachs have adjusted their ratings and price targets, reflecting changing market dynamics and company performance. Synchrony Financial, a leader in private-label credit cards, has shown solid revenue growth and profitability but faces challenges in ROE and ROA.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 6:00 pm