Streetbeat News

Revenues

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

AZEK

AZEK Co (NYSE:AZEK) was analyzed by 12 analysts, showing a shift towards more bullish ratings over the last quarter with an average 12-month price target of $44.92, marking a 13.87% increase from the previous target. The company faces challenges with a -38.16% revenue decline and below industry benchmarks in profitability and efficiency metrics. Despite this, analysts have raised their price targets and ratings, reflecting optimism in its future performance.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 6:00 pm

GOOG

MSFT

SPY

TSLA

The S&P 500 surpassing $5000 and China's fastest price drop since 2009 are key highlights. SPDR S&P 500 ETF Trust (SPY) reflects the S&P 500's performance. Jobless claims remain steady, indicating a strong job market. Treasury auctions draw significant investor interest. Alphabet Inc (GOOG) rebrands its large language model to Gemini, competing with Microsoft's (MSFT) ChatGPT. China's price drop may prompt economic measures, affecting global markets. Early trade shows varied money flows in major tech stocks and ETFs, with notable movements in Tesla (TSLA), Meta Platforms (META), NVIDIA (NVDA), and Amazon (AMZN). Gold and oil ETFs (GLD, USO) see specific trading patterns, while Bitcoin experiences aggressive buying.

Portfolio Pulse from The Arora Report

February 08, 2024 | 5:50 pm

SMG

Scotts Miracle-Gro (NYSE:SMG) reported a 22% decline in Q1 sales to $410.4 million, with its Hawthorne Gardening Company subsidiary experiencing a 39% drop in sales. The company reaffirmed its fiscal 2024 guidance, aiming for high-single-digit growth in its consumer business and maintaining Hawthorne cash flow positive for fiscal 2024. Despite the sales decline, SMG is focused on debt paydown and restoring a strong balance sheet with a target of $575 million adjusted EBITDA and $560 million free cash flow.

Portfolio Pulse from Jelena Martinovic

February 08, 2024 | 4:45 pm

ACB

MEDFF

Aurora Cannabis Inc. (NASDAQ:ACB) reported a 41% YoY increase in international medical cannabis revenue for Q3 FY2024, marking its fifth consecutive quarter of positive adjusted EBITDA. The growth was attributed to higher sales in Australia and Europe. Aurora also announced the acquisition of Indica Industries Pty Ltd, operating as MedReleaf Australia, for AUD$50 million, expected to drive positive free cash flow in 2024. Q3 financial highlights include a net revenue of CA$64.4 million and a net loss of CA$25.5 million, with a positive outlook for Q4.

Portfolio Pulse from Jelena Martinovic

February 08, 2024 | 4:04 pm