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AXSM

Axsome Therapeutics (NASDAQ:AXSM) has received diverse analyst ratings over the last three months, with a notable increase in the average 12-month price target to $131.38 from $90.00, indicating a 45.98% rise. The company, a clinical-stage biopharmaceutical firm focusing on CNS disorders, has shown a significant revenue growth rate of 243.07% as of September 30, 2023. However, it faces challenges with a net margin of -107.62% and below-average ROE and ROA. Analysts from firms like UBS, RBC Capital, Cantor Fitzgerald, Piper Sandler, HC Wainwright & Co., and Citigroup have provided ratings ranging from Buy to Overweight, with price targets up to $180.00.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 1:00 pm

SPY

USO

VGK

Russia's Tuapse Oil Refinery, a significant facility, will not resume operations this month, according to sources cited by Reuters. This development could have implications for global oil supply and market dynamics.

Portfolio Pulse from Charles Gross

February 06, 2024 | 12:40 pm

CMI

Cummins Inc. (CMI) forecasts a revenue decline of 2%-5% for 2024, with EBITDA margins expected between 14.4%-15.4%. The company anticipates a slowdown in the North America heavy-duty truck market but plans to offset this with strengths in other areas and continued investment in new technologies.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 12:36 pm

PNM

PNM Resources (NYSE:PNM) reported Q4 adjusted earnings of $0.18 per share, surpassing the $0.15 estimate, a 20% year-over-year increase. However, sales of $412.11M fell short of the $541.51M estimate, marking a 28.43% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 12:20 pm

ULCC

Frontier Group anticipates a 12%-15% year-over-year capacity growth for FY24, alongside an expected average fuel cost per gallon of $2.70-$2.80.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 12:11 pm

ULCC

Frontier Group anticipates a 5%-7% year-over-year increase in Q1 capacity, alongside an average fuel cost per gallon of $2.85-$2.95.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 12:09 pm

VVV

Valvoline (NYSE:VVV) reported Q1 adjusted EPS of $0.29, in line with estimates, and sales of $373.40M, missing estimates by 1.30%. Year-over-year, earnings increased by 81.25% and sales by 12.20%.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 12:08 pm

ENR

Energizer Holdings has provided guidance for its Q2 adjusted EPS to be in the range of $0.65-$0.70, which is below the analyst estimate of $0.71. Additionally, the company expects its organic revenue to decrease by 2%-3%.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 12:05 pm

CRNC

Cerence Inc (CRNC) provided its Q2 and FY24 revenue forecasts, expecting Q2 revenue of $60M-$64M, below the $70.87M estimate, and FY24 revenue of $355M-$375M, slightly below the $362.14M estimate. The company anticipates a GAAP Net Loss for Q2 but expects positive GAAP Net Income and Adjusted EBITDA for the full year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 12:05 pm

FISV

Fiserv has projected its 2024 organic revenue growth to be between 15%-17% and expects its adjusted EPS to range from $8.55 to $8.70, aligning closely with the estimated $8.61.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 12:04 pm