Streetbeat News

Revenues

RF

Regions Financial Corporation (NYSE:RF) has received mixed analyst ratings over the past three months, with 11 analysts providing diverse outlooks. The average 12-month price target has been raised to $19.6, reflecting an 8.59% increase from the previous target. Analysts from firms such as Keefe, Bruyette & Woods, RBC Capital, and Jefferies have raised their price targets, while Morgan Stanley and JP Morgan have lowered theirs. Regions Financial's financials show a negative revenue trend with a -0.54% decline in growth, but strong net margin and ROE figures. The company's market capitalization is above industry benchmarks, indicating a strong market presence.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 7:00 pm

LMT

Lockheed Martin (NYSE:LMT) delivered the first of eight C-130J-30 Super Hercules aircraft to the Georgia Air National Guard. The 165th Airlift Wing, based in Savannah, Georgia, will operate the new fleet, which offers enhanced capabilities compared to previous models. The C-130J-30 is a stretched version of the C-130J with additional cargo space. This delivery also marks the first U.S. Air Force C-130J-30 to receive the Block 8.1 configuration, improving interoperability with features like a new flight management system. The aircraft represents a significant investment in the Georgia economy, with a $2 billion annual impact and support from 18 Georgia-based suppliers. Lockheed Martin's Marietta facility, employing over 5,500 Georgians, is responsible for the production of these aircraft.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 6:39 pm

HA

Hawaiian Airlines is expanding its summer schedule with increased flights from Honolulu to Austin, Boston, Las Vegas, Los Angeles, and Pago Pago. A fourth daily flight to Los Angeles will be added from May 24 to Sept. 2. The airline will use Airbus A330 and Boeing 787-9 aircraft, offering Hawaiian hospitality and in-flight entertainment. The expansion reflects strong travel demand to and from Hawaii.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 6:02 pm

AMP

Ameriprise Financial (NYSE:AMP) received mixed analyst ratings in the latest quarter, with 7 analysts offering views ranging from bullish to indifferent. The average 12-month price target is $410.00, with a high of $452.00 and a low of $365.00, reflecting an 8.18% increase from the previous average of $379.00. Analysts from firms including RBC Capital, UBS, Evercore ISI Group, Goldman Sachs, and Morgan Stanley have raised their price targets, indicating a positive outlook on the company's performance. Ameriprise Financial, with $1.3 trillion in assets under management, has a strong presence in asset and wealth management, with 80% of revenue from these segments and a focus on the U.S. market.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 6:01 pm

NWE

NorthWestern Energy Group (NASDAQ:NWE) has been evaluated by 4 analysts in the past three months, with mixed opinions. The average 12-month price target is now $49.5, down from $53.50, indicating a 7.48% decrease. Analysts from Barclays, Guggenheim, Ladenburg Thalmann, and Wells Fargo have provided updates, with price target adjustments reflecting a cautious outlook on the company's performance. NorthWestern Energy Group operates in the electricity and natural gas sectors, with recent financial challenges including a revenue decline of -4.17% and below-average net margin and ROE.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 6:01 pm

CHH

Choice Hotels Intl (NYSE:CHH) has received mixed ratings from 3 analysts in the past three months, with a recent shift towards a more bearish sentiment. The average 12-month price target is now $120.67, down 6.46% from the previous $129.00. Analysts from Baird, Jefferies, and Morgan Stanley have provided ratings and adjusted price targets, reflecting their views on the company's market performance and financial health. Choice Hotels operates 628,000 rooms across 13 brands and recently acquired Radisson, adding approximately 70,000 rooms. The company's financials show positive revenue growth but a lower net margin compared to the industry, an impressive ROE and ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 6:01 pm

HUN

Huntsman (NYSE:HUN) received mixed analyst ratings in the latest quarter, with 4 indifferent and 1 somewhat bearish. The average 12-month price target is $23.2, down from the previous $24.25. Analysts from RBC Capital, Morgan Stanley, JP Morgan, and UBS have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Huntsman is a US-based chemical manufacturer with a lower market capitalization and revenue decline of -25.11% as of September 30, 2023. The company has a net margin and ROE of 0.0%, indicating challenges in profitability and shareholder returns, and a debt-to-equity ratio of 0.58.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 6:01 pm

SLB

Four analysts have recently published ratings on Schlumberger (NYSE:SLB), all maintaining a somewhat bullish stance with no changes in sentiment over the past three months. The 12-month price targets show an average of $71.75, with a slight decline from the previous average. Analysts from RBC Capital, Susquehanna, Barclays, and Wells Fargo have provided ratings and adjusted price targets, reflecting their views on the company's market performance and financial health. Schlumberger's financial indicators such as revenue growth, net margin, ROE, ROA, and debt management are also discussed, providing a comprehensive view of the company's financial story.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 6:00 pm

ARRY

Array Technologies (NASDAQ:ARRY) has been the subject of diverse analyst opinions, with 12 analysts offering varied views in the last three months. The sentiment has shifted from bullish to indifferent, with no bullish ratings in the last 30 days. The average 12-month price target is now $23.67, down from $29.00, with a high estimate of $31.00 and a low of $15.00. Analysts from firms including Barclays, Wells Fargo, and Goldman Sachs have adjusted their ratings and price targets, generally lowering them. Array Technologies is a manufacturer of solar energy project systems, with a market cap below industry average, a -31.96% revenue decline as of September 30, 2023, but strong net margin and ROE. The company's debt-to-equity ratio is higher than the industry average, indicating potential financial risk.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 6:00 pm

GWAV

Greenwave Technology Solutions, Inc. (GWAV) reported over $9M in revenue for Q4 2023, marking a 10% increase from Q3 2023. The company, which operates metal recycling facilities, expects significant revenue growth in FY 2024 following recent capital investments in equipment and technology to improve operations and margins. These developments come after the commencement of new processing equipment at its Virginia facility.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 5:34 pm