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Revenues

NFLX

Netflix (NASDAQ:NFLX) reported Q4 sales of $8.83 billion, surpassing the analyst consensus estimate of $8.72 billion by 1.31%. This represents a 12.49% increase compared to $7.85 billion in sales during the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 9:01 pm

MNR

Mach Natural Resources (NYSE:MNR) has received 4 analyst ratings in the last three months, all bullish, with a recent average price target of $28.25, down from $30.50. Derrick Whitfield of Stifel lowered his price target twice, while John Freeman of Raymond James announced a strong buy with a $23.00 target. MNR has seen a revenue decline of -40.7% as of September 30, 2023, but boasts a high net margin of 47.6%, an ROE of 9.21%, and an ROA of 6.71%, with a low debt-to-equity ratio of 0.14.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 9:00 pm

AAPL

AMZN

GOOG

RIVN

TSLA

Apple Inc (AAPL) has scaled down its ambitions for the Apple Car, now aiming for a 2028 launch with features similar to Tesla Inc's (TSLA) current EV capabilities. The project, known as Titan, has faced multiple delays and reduced expectations. Apple's revenue growth has slowed, prompting the company to explore new categories, including the upcoming Apple Vision Pro headset. The EV industry overall is facing challenges, with some OEMs slowing down electrification efforts. Meanwhile, competitors like Amazon.com Inc (AMZN) and Alphabet Inc's (GOOG) Waymo are advancing their EV and autonomous driving initiatives.

Portfolio Pulse from Adam Eckert

January 23, 2024 | 8:37 pm

CHRD

Chord Energy (NASDAQ:CHRD) was analyzed by 6 financial analysts, showing a mix of bullish sentiments with no bearish or indifferent ratings. The average 12-month price target is $187.83, down from $192.75. Analysts from firms like Stifel, Mizuho, RBC Capital, Piper Sandler, and Wells Fargo have provided various ratings and price target adjustments. Chord Energy, an independent exploration and production company, has seen a -5.51% revenue decline as of September 30, 2023, a below-average net margin of 18.54%, and an ROE of 4.27%, but an impressive ROA of 3.09% and a low debt-to-equity ratio of 0.11.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 8:01 pm

ESAB

ESAB (NYSE:ESAB) has received mixed analyst ratings over the past quarter, with 4 analysts offering diverse opinions. The average 12-month price target is $95.5, with a high of $106.00 and a low of $76.00, marking a 4.09% increase from the previous average of $91.75. Analysts from Stifel, Baird, and JP Morgan have raised their price targets. ESAB, a welding equipment manufacturer, spun off from Colfax in 2022, reported $2.6 billion in revenue and $329 million in GAAP operating income for 2022. However, the company's financial health indicators such as market capitalization, revenue growth, net margin, ROE, ROA, and debt management show mixed results compared to industry averages.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 8:00 pm

EOG

In the past three months, 14 analysts have provided varied opinions on EOG Resources (NYSE:EOG), with recent ratings showing a mix of bullish and indifferent stances. The average 12-month price target is now $149.36, down from $155.31, with individual analyst actions including both lowered and raised price targets. EOG Resources, an oil and gas producer, reported a -19.54% decline in revenue growth as of September 30, 2023, but has strong financial performance indicators such as a high net margin of 33.21% and ROE of 7.52%. The company's debt-to-equity ratio is also below industry average, indicating a healthy balance between debt and equity.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 8:00 pm

PXD

Pioneer Natural Resources (NYSE:PXD) has received mixed analyst ratings over the last three months, with 7 analysts offering opinions ranging from bullish to bearish. The average 12-month price target has been lowered to $252.86 from $267.00, with individual analysts from firms like Stifel, Mizuho, UBS, Truist Securities, and Susquehanna adjusting their targets and ratings. Pioneer Natural Resources, an oil and gas company with significant operations in the Permian Basin, has seen a -15.12% decline in revenue growth as of September 30, 2023, but maintains a strong net margin of 25.25% and an impressive ROA of 3.61%, despite a lower than average ROE of 5.81% and a sound debt-to-equity ratio of 0.23.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 8:00 pm

NOG

Analysts have provided mixed reviews on Northern Oil & Gas (NYSE:NOG) over the past three months, with 4 bullish, 1 somewhat bullish, 2 indifferent, and 1 somewhat bearish rating. The average 12-month price target is $47.62, down from $51.25. Recent analyst actions include adjustments to ratings and price targets by firms such as Stifel, B of A Securities, Morgan Stanley, Truist Securities, RBC Capital, Piper Sandler, and Raymond James. Northern Oil & Gas is an independent energy company with declining revenue growth and below-average profitability and efficiency metrics.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 8:00 pm

BABA

BIDU

IWM

JNJ

LMT

MMM

NFLX

NIO

TKO

TLT

UAL

US stocks showed little movement on Tuesday, with major indices near all-time highs or slightly down. The S&P 500 and Nasdaq 100 were stable, while the Dow dropped 0.4%. The iShares Russell 2000 ETF (IWM) fell 0.7%. Treasury yields and the dollar rose, reducing expectations of Fed rate cuts. The iShares 20+ Year Treasury Bond ETF (TLT) declined by 1.1%. Chinese stocks in New York, including Alibaba (BABA), Baidu (BIDU), and NIO (NIO), surged after China's market stabilization measures. United Airlines (UAL), Verizon (VZ), and Procter & Gamble (PG) rose post-earnings, while 3M (MMM), General Electric (GE), Johnson & Johnson (JNJ), and Lockheed Martin (LMT) fell. Netflix (NFLX) was flat before earnings, and TKO Group Holdings (TKO) jumped 13% after securing a deal with Netflix.

Portfolio Pulse from Piero Cingari

January 23, 2024 | 7:07 pm

CRC

Analysts have mixed views on California Resources (NYSE:CRC), with ratings ranging from bullish to bearish. Over the last quarter, there were 4 ratings with a recent shift towards bullishness. The average 12-month price target is $62.00, down from $65.50, with a high of $68.00 and a low of $60.00. Derrick Whitfield of Stifel raised his target to $68.00, while Kalei Akamine of B of A Securities lowered theirs to $60.00. CRC's financial performance shows challenges with a revenue decline of -24.72% and below-average net margin and ROE. However, its debt-to-equity ratio is sound at 0.32.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 7:00 pm