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Revenues

TTEK

Tetra Tech, Inc. has provided guidance for its Q2 2024 earnings per share (EPS) to be in the range of $1.25 to $1.35, compared to the consensus estimate of $1.30. The company also forecasts revenue to be between $990 million and $1.04 billion, versus the estimated $1.034 billion.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:09 pm

ALGN

Align Technology forecasts its FY24 revenue to increase by a mid-single-digit percentage over its 2023 revenue. The company also anticipates capital expenditures to be around $100 million for the fiscal year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:05 pm

ALGN

Align Technology has projected its Q1 2024 revenue to be between $960M and $980M, surpassing the estimated $946.854M. This forecast suggests a positive outlook for the company's financial performance in the upcoming quarter.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:04 pm

PAYC

Analysts have provided diverse ratings for Paycom Software (NYSE:PAYC) with 2 bullish, 3 indifferent, and no bearish ratings in the last three months. The average 12-month price target is $212.6, with a high of $250.00 and a low of $185.00, marking a decline from the previous target of $220.00. Citigroup and UBS analysts have adjusted their price targets, with Citigroup lowering to $198 from $205 and UBS raising to $250 from $235. Paycom's financial indicators show strong market position, revenue growth, and profitability, but below-average ROE.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 9:00 pm

OKE

In the latest quarter, 4 analysts provided mixed ratings for ONEOK (NYSE:OKE), with 1 bullish, 1 somewhat bullish, and 2 indifferent. The 12-month price targets show an average of $78.75, up 9.0% from the previous $72.25. All four analysts raised their price targets, with the highest at $85.00 and the lowest at $71.00. ONEOK's financials indicate challenges with a revenue decline of -29.17%, below-average net margin and ROE, and a debt-to-equity ratio of 1.35.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 8:00 pm

SPY

Federal Reserve Chairman Jerome Powell attributed much of the current economic growth to improvements in the labor market and the resolution of supply chain issues. He indicated that the economy is experiencing a post-pandemic healing process.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 7:53 pm

PFE

Pfizer (NYSE:PFE) has received mixed analyst ratings over the past three months, with 8 analysts offering varied opinions. The average 12-month price target is $41.25, up 12.49% from the previous $36.67. Analysts from firms including Cantor Fitzgerald, TD Cowen, Truist Securities, UBS, and Barclays have maintained or lowered their price targets, with ratings ranging from 'Overweight' to 'Neutral'. Pfizer's financials show a revenue decline of -41.55% as of September 30, 2023, a net margin of -18.0%, ROE of -2.43%, ROA of -1.09%, and a debt-to-equity ratio of 0.66.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 7:00 pm

ENVA

Enova International (NYSE:ENVA) has received mixed analyst ratings over the past three months, with 2 somewhat bullish and 2 indifferent ratings. The average 12-month price target for ENVA is $62.75, up from the previous $59.00, with a high estimate of $73.00 and a low of $57.00. Analysts from JMP Securities and BMO Capital have raised their price targets, reflecting a positive outlook on the company's performance. Enova provides online financial services and has shown a revenue growth rate of 20.86% as of September 30, 2023. However, it has a below-industry-average net margin of 7.49% and ROE of 3.29%, but an exceptional ROA of 1.03% and a conservative debt-to-equity ratio of 1.96.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 7:00 pm

MBUU

Analyst ratings for Malibu Boats (NASDAQ:MBUU) show a mix of bullish and somewhat bullish sentiments, with recent price target adjustments reflecting a lower average target of $53.00, down from $57.33. The ratings and targets come from analysts at Raymond James, Keybanc, Baird, and Truist Securities, with actions ranging from maintaining to raising and lowering targets. Malibu Boats is a leading boat manufacturer with a strong market position, but it has faced a revenue decline of -15.35% over the last quarter. Despite this, the company has a high net margin and ROE, indicating strong profitability and financial management.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 7:00 pm

NAVI

Navient Corporation (NASDAQ:NAVI) reported Q4 FY23 adjusted revenues of $193 million, missing consensus estimates of $201.17 million, and adjusted earnings of $0.21 per share, below the expected $0.75. The company's net interest income fell due to rising interest rates and loan portfolio paydowns. Navient announced plans to outsource student loan servicing, explore strategic options for its business processing division, and streamline its infrastructure. Shares fell by 1.06% to $17.76.

Portfolio Pulse from Nabaparna Bhattacharya

January 31, 2024 | 6:26 pm