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Revenues

ON

ON Semiconductor Corp (ON) projects Q1 2024 revenue to be between $1.8B-$1.9B, below the estimated $1.92B, and adjusted EPS to range from $0.98-$1.10, potentially missing the $1.10 estimate. The forecast includes a GAAP gross margin of 44.4%-46.4%, operating expenses between $320M-$335M, and diluted EPS of $0.94-$1.06.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:05 pm

BWMN

Bowman Consulting Group Ltd. (BWMN) has acquired Trudell Consulting Engineers (TCE) and its subsidiary, Vermont Underground Locators, expanding its engineering services into Vermont. The acquisition, financed through cash, seller notes, and equity, is expected to operate at an annualized net service billing run rate of approximately $4.5 million. This move is anticipated to be immediately accretive and aligns with Bowman's strategic growth plans in northern New England and Upstate New York.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:03 pm

CFG

Analysts have recently updated their ratings and price targets for Citizens Financial Group (NYSE:CFG), showing a mix of bullish, somewhat bullish, and indifferent stances. The average 12-month price target has increased to $35.44 from $34.00, indicating a positive outlook. The company faces challenges in revenue growth, net margin, ROE, ROA, and debt management, which could impact its financial stability.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 1:00 pm

CHTR

Four analysts have recently updated their ratings on Charter Communications (NASDAQ:CHTR), showing a mix of perspectives. The average 12-month price target is now $403.75, down from $456.75, indicating a bearish sentiment. Analysts from Barclays, JP Morgan, Rosenblatt, and Benchmark have all lowered their price targets, reflecting concerns over market conditions and company performance. Despite this, Charter Communications has shown positive financial performance, with a revenue growth rate of 0.25% as of September 30, 2023, and strong profitability indicators such as a net margin of 9.24% and an ROE of 11.64%.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 1:00 pm

MCD

McDonald's reported Q4 sales of $6.41 billion, missing the analyst consensus estimate of $6.45 billion by 0.68%. This represents an 8.09% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 12:01 pm

SNCY

Sun Country Airlines (NASDAQ:SNCY) has been evaluated by 4 analysts over the last three months, showing a mix of opinions. The average 12-month price target is $18.75, a 7.77% decline from the previous target. Recent analyst actions include adjustments to ratings and price targets by Barclays, Susquehanna, and Morgan Stanley. Sun Country Airlines operates low-cost air carriers with a focus on passenger and cargo segments. Despite a -1.34% decline in revenue growth and a below-average market capitalization, the company has strong net margin, ROE, and ROA, indicating effective cost control and financial health.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 12:00 pm

TJX

Analysts have provided mixed evaluations of TJX Companies (NYSE:TJX) with a recent shift towards a more neutral stance. The average 12-month price target has been raised to $98.5, indicating a positive outlook. TJX's financial performance is strong, with significant revenue growth, high net margin, and efficient asset management. The company's market capitalization and financial metrics surpass industry averages, reflecting its robust market position and financial health.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 12:00 pm

BDX

Recent analyst ratings for Becton Dickinson (NYSE:BDX) show a unanimous somewhat bullish sentiment, with 5 analysts rating the stock as such over the past three months. The average 12-month price target is $281.8, down from $297.80, indicating a 5.37% decrease. Analyst actions include both raises and lowers in ratings and price targets, reflecting ongoing market and company performance evaluations. Becton Dickinson, a leading manufacturer and distributor of medical surgical products, shows a positive revenue trend but faces challenges in profitability and efficiency metrics.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 12:00 pm

MKL

Markel Group (NYSE:MKL) received mixed analyst ratings in the latest quarter, with 3 indifferent and 1 bearish. The average 12-month price target was adjusted to $1431.25, marking a 14.81% decrease from the previous $1680.00. Analysts' actions varied, with adjustments to ratings and price targets reflecting changing market conditions and company performance. Markel's primary business is in specialty lines of property and casualty insurance, with significant reinsurance operations. The company's financial health is strong, with notable revenue growth, net margin, ROE, and ROA, alongside a balanced debt approach.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 12:00 pm

AMG

Affiliated Managers Group (AMG) reported Q4 adjusted EPS of $6.86, surpassing the $6.02 estimate, but sales of $502.70M fell short of the $524.98M estimate. This represents a 5.77% decrease in earnings and a 6.84% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:56 am