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SEIC

Analyst ratings for SEI Investments (NASDAQ:SEIC) show varied opinions, with recent adjustments leading to an increased average 12-month price target of $67.75. SEI Investments, a provider of investment services, has shown impressive revenue growth and ROE, despite a market cap below industry average and a net margin below industry standards. The company's debt management is strong, with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 6:00 pm

NVO

Four analysts have recently rated Novo Nordisk (NYSE:NVO) as somewhat bullish, with no change in sentiment over the last three months. The average 12-month price target for NVO has increased by 10% to $123.75, with adjustments from analysts at Cantor Fitzgerald and TD Cowen raising their targets. Novo Nordisk, a leader in diabetes care, has shown strong financial performance with a 28.89% revenue growth rate, a net margin of 38.27%, and an ROE of 24.5%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 6:00 pm

BTCUSD

The upcoming Bitcoin halving in April 2024 is generating speculation of a bull run, with analysts predicting post-halving corrections followed by significant rallies, based on historical patterns. Whale accumulation of Bitcoin is increasing, and a survey indicates 84% of cryptocurrency investors expect a new all-time high post-halving. Despite long-term optimism, short-term headwinds are anticipated.

Portfolio Pulse from Khyathi Dalal

February 01, 2024 | 5:16 pm

ADP

Automatic Data Processing (NASDAQ:ADP) received indifferent ratings from 4 analysts in the latest quarter, with no change in sentiment over the last 30 days. The 12-month price targets show an average of $248.75, marking a 14.63% increase from the previous $217.00 average. Analysts from RBC Capital, B of A Securities, Stifel, and UBS provided insights, with price targets ranging from $235.00 to $267.00. ADP's financial performance is strong, with a revenue growth rate of 5.79%, a net margin of 19.94%, an ROE of 24.62%, and an ROA of 1.71%, indicating efficient cost management and financial health.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 5:00 pm

AZTA

Azenta (NASDAQ:AZTA) has received mixed analyst ratings over the last three months, with a recent shift towards a more bullish outlook. The average 12-month price target for AZTA has been raised to $69.5, indicating a 7.75% increase from the previous target. Analysts from B. Riley Securities, Needham, and Stephens & Co. have adjusted their ratings and price targets, reflecting optimism based on Azenta's financial performance, including a notable revenue growth rate of 25.29% as of September 30, 2023, and a strong net margin of 1.96%. However, concerns remain regarding Azenta's ROE and ROA, which lag behind industry averages.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 5:00 pm

DOV

Dover Corp (NYSE:DOV) reported a slight decline in Q4 fiscal 2023 revenue by 1.6% Y/Y to $2.106 billion, missing consensus estimates. However, adjusted EPS increased by 13% Y/Y to $2.45, surpassing expectations. The company saw improvements in gross profit, operating income, and adjusted segment EBITDA. Operating cash flow and free cash flow also saw significant increases. Dover anticipates demand conditions to improve throughout 2024, projecting GAAP EPS of $7.90-$8.10 and adjusted EPS of $8.95-$9.15, with revenue growth expected between 2%-4%. Shares rose 1.63% to $152.22.

Portfolio Pulse from Akanksha Bakshi

February 01, 2024 | 4:45 pm

GOOS

Canada Goose Holdings Inc. (NYSE:GOOS) reported a 6% year-over-year revenue growth for Q3 FY24, with a notable 14% increase in DTC revenue and a 62% revenue surge in Asia Pacific. Despite missing analyst revenue expectations in USD terms, the company saw gross profit grow by 8% and adjusted EPS increase. The company has adjusted its FY24 revenue and EPS guidance upwards, leading to a 2% rise in its stock price.

Portfolio Pulse from Nabaparna Bhattacharya

February 01, 2024 | 4:33 pm

PTON

Peloton Interactive Inc (NASDAQ:PTON) shares plummeted after reporting mixed Q2 financial results and projecting Q3 2024 revenue below expectations. Sales decreased 6% Y/Y to $743.6 million, slightly above consensus, but EPS loss was $(0.54), missing the consensus loss of $(0.53). Membership and app subscriptions declined, while gross profit increased 27% due to connected fitness products. Operating expenses dropped 14%, and adjusted EBITDA loss improved. Peloton's cash position remains strong at $798.1 million. The company anticipates lower FY24 revenue than consensus and expects positive free cash flow in Q4 2024, missing the full-year goal. Shares fell 23.2% to $4.269.

Portfolio Pulse from Lekha Gupta

February 01, 2024 | 4:18 pm

HUBS

HubSpot (NYSE:HUBS) has been evaluated by 13 analysts over the last three months, showing a diverse range of opinions. The recent assessments indicate a shift towards a more bullish sentiment, with an average 12-month price target set at $568.38, reflecting a 4.87% increase from the previous target. Analyst actions include maintaining, raising, and lowering ratings and price targets, reflecting their reaction to HubSpot's market performance and financial indicators. Despite a positive revenue trend with a growth rate of 25.59%, HubSpot's market capitalization, net margin, ROE, and ROA fall below industry benchmarks, presenting challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 4:01 pm

FTV

Fortive (NYSE:FTV) has received mixed analyst ratings over the past three months, with a recent shift towards a more positive outlook. The average 12-month price target for FTV has been raised to $82.2, up 9.02% from the previous $75.40. Analysts from RBC Capital, Mizuho, JP Morgan, and Wells Fargo have all raised their price targets, reflecting an optimistic view of Fortive's future performance. Fortive, a diversified industrial technology firm, reported a revenue growth of 2.64% for the quarter ending September 30, 2023, and a net margin of 14.59%, despite trailing behind the industry average in ROE and ROA.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 4:00 pm