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EWCZ

European Wax Center (NASDAQ:EWCZ) has received mixed analyst ratings over the past three months, with 4 analysts offering varied opinions. The average 12-month price target is now $17.00, down from the previous $19.75, indicating a 13.92% decrease. Analysts from Piper Sandler, Truist Securities, Morgan Stanley, and Telsey Advisory Group have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. European Wax Center has shown a revenue growth rate of 1.22% as of September 30, 2023, a net margin of 5.28%, an ROE of 2.95%, and an ROA of 0.39%, but carries a high debt-to-equity ratio of 3.83.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 8:01 pm

IFF

Analysts have mixed views on Intl Flavors & Fragrances (IFF), with 7 ratings in the past 3 months and an average 12-month price target of $83.57, up from $79.83. The company is a global leader in specialty ingredients but has seen a revenue decline of -7.93% as of September 30, 2023. Despite a strong net margin of 0.89%, IFF's ROE and ROA are below industry averages, and it has a conservative debt-to-equity ratio of 0.65.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 8:01 pm

TALO

Talos Energy (NYSE:TALO) has been rated by 4 analysts in the past three months, with 3 bullish and 1 somewhat bullish ratings. The average 12-month price target is now $21.00, down from $22.33, with a high estimate of $24.00 and a low of $20.00. Analysts from Keybanc, Canaccord Genuity, Stifel, and Benchmark have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Talos Energy, an independent oil and gas company, has shown a revenue growth rate of 1.59% as of September 30, 2023, but struggles with below industry standard net margin, ROE, and ROA, despite a prudent debt-to-equity ratio of 0.52.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 8:01 pm

BECN

Beacon Roofing Supply (NASDAQ:BECN) has been reviewed by 4 analysts over the past three months, with mixed opinions ranging from bullish to indifferent. The average 12-month price target is $99.75, with a high of $119.00 and a low of $80.00. Analysts from JP Morgan and Stifel have adjusted their price targets and ratings, reflecting their latest views on the company's performance. Beacon Roofing Supply's financial health shows a revenue growth of 7.0%, but it lags in net margin, ROE, and ROA compared to industry averages. The company's debt-to-equity ratio is below the industry average, indicating a healthier balance between debt and equity.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 8:00 pm

PZZA

Wedbush analyst Nick Setyan has maintained an Outperform rating on Papa John's International Inc (PZZA) and increased the price target from $85 to $87. The Q4 FY23 North America same-store sales growth exceeded expectations, and franchisees will contribute more to the national marketing fund starting Q2 2024. The analyst expects 2024 same-store sales growth to be driven by transactions and sees potential for increased franchised unit growth. International margins should improve despite the Middle East conflict affecting near-term visibility. Operating margins and EPS estimates for FY24 have been raised, with the new price target based on a 15.4x EV/EBITDA multiple.

Portfolio Pulse from Shivani Kumaresan

January 11, 2024 | 7:46 pm

HTZ

TSLA

UBER

Hertz Global Holdings Inc plans to reduce its global EV fleet by one-third, selling about 20,000 EVs to purchase more ICE vehicles in response to customer demand, lower margins, and higher damage costs associated with EVs. The decision follows Tesla's price cuts, which led to increased depreciation costs for Hertz. Despite the reduction, Hertz's collaboration with Uber remains successful, and the company expects the fleet adjustment to be a net positive.

Portfolio Pulse from Adam Eckert

January 11, 2024 | 7:44 pm

CMND

FFNW

LAES

OPI

RELL

TGAN

U.S. stocks closed slightly lower with the Dow Jones down 0.05%. Energy shares rose by 0.1%, while utilities fell by 2.3%. First Financial Northwest, Inc. (FFNW) surged 48% after an acquisition announcement by Global Credit Union. SEALSQ Corp (LAES) and Transphorm, Inc. (TGAN) also saw significant gains after positive revenue news and an acquisition plan, respectively. Clearmind Medicine Inc. (CMND), Richardson Electronics, Ltd. (RELL), and Office Properties Income Trust (OPI) experienced sharp declines due to a pricing of a placement, weak quarterly results, and a dividend cut, respectively. Oil prices increased by 0.9%, and U.S. consumer prices rose by 0.3% in December, with the annual inflation rate at 3.4%.

Portfolio Pulse from Avi Kapoor

January 11, 2024 | 7:32 pm

SPY

Fed's Barkin has noted encouraging progress in the goods sector, suggesting it may continue. He also mentioned that some service sector businesses have discovered pricing power, which they are likely to maintain until faced with consumer or competitor pushback.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 7:23 pm

DCGO

DocGo Inc (NASDAQ:DCGO) responded to a short report by Fuzzy Panda, which accused the company of fraudulent billing and other illegal practices. DocGo refuted the claims, asserting its fiscal health and growth plans, with preliminary FY 2023 revenue of $615-$625 million and an expected increase in 2024 revenue to exceed $700 million. Needham maintained a Buy rating on DCGO with a $14 price target. DCGO shares rose 10.40% to $3.30 after the response.

Portfolio Pulse from Vandana Singh

January 11, 2024 | 7:15 pm

PEN

Penumbra (NYSE:PEN) received mixed analyst ratings over the last three months, with 6 analysts offering diverse perspectives. The average 12-month price target is $269.00, with a high of $295.00 and a low of $240.00. Recent actions include both raised and lowered price targets and ratings. Penumbra develops medical devices and has shown a revenue growth of 26.8% as of September 30, 2023. However, it has below-average net margin, ROE, and ROA, but a low debt-to-equity ratio of 0.21. The company's market capitalization is below industry averages.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 7:01 pm