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Revenues

SAR

Saratoga Investment Corp. (NYSE:SAR) reported Q3 earnings of $1.01 per share, missing the consensus estimate of $1.03 by 1.94%. However, the company saw a 31.17% increase in earnings compared to $0.77 per share from the same period last year. Quarterly sales were $36.34M, slightly surpassing the estimate of $36.08M by 0.72% and marking a 38.40% increase from $26.26M in the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:08 pm

AA

HYMC

ZKIN

Alcoa Corporation plans to curtail production at its Kwinana Alumina Refinery, reducing its workforce, expecting $70 million in annual improvements but incurring $180-$200 million in restructuring charges. Hycroft Mining announced high-grade silver findings at the Hycroft Mine, with two new silver trends identified. ZK International is expanding into Southeast Asia and the Middle East to meet demand for sustainable infrastructure.

Portfolio Pulse from Austin DeNoce

January 09, 2024 | 9:06 pm

CCCC

C4 Therapeutics (C4T) announced its 2024 priorities, focusing on advancing its targeted protein degradation medicines and expecting multiple clinical updates. The company reported unaudited cash and securities totaling approximately $330 million as of January 5, 2024, and a workforce reduction of about 30%. C4T plans to present at the J.P. Morgan Healthcare Conference and has received additional capital, including investments from Betta Pharmaceuticals and Merck. The company aims to advance CFT7455 and CFT1946 clinical programs and has collaborations with Roche, Biogen, and Merck. C4T expects its financial resources to fund operations into 2027.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:04 pm

ONEW

OneWater Marine (NASDAQ:ONEW) has received mixed analyst ratings over the past three months, with 3 bullish and 1 somewhat bullish ratings. The average 12-month price target for ONEW is $32.0, with a high of $38.00 and a low of $28.00, reflecting a recent increase from $31.50. Analyst Michael Swartz from Truist Securities raised his price target from $30.00 to $38.00, while Brett Andress from Keybanc lowered his from $36.00 to $32.00. OneWater Marine, a recreational marine retailer, has shown a revenue growth of 13.45% as of September 30, 2023, but faces challenges with a net margin of -21.92% and an ROE of -24.42%. The company's debt-to-equity ratio is below the industry average at 3.02.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:01 pm

IBKR

Interactive Brokers Gr (NASDAQ:IBKR) received mixed analyst ratings in the latest quarter, with 3 bullish and 1 somewhat bullish out of 4 total ratings. The average 12-month price target is $104.5, reflecting a 2.45% increase from the previous $102.00 target. Analysts from UBS, Goldman Sachs, Redburn Atlantic, and Barclays have adjusted their price targets and ratings, indicating a dynamic perception of the company's performance. Interactive Brokers generates revenue from trading commissions, net interest income, and ancillary services, with a strong presence in the U.S. and international markets. The company's financial performance shows a high revenue growth rate but challenges in net margin, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:01 pm

MCFT

MasterCraft Boat Hldgs (NASDAQ:MCFT) received mixed analyst ratings over the past three months, with a current average 12-month price target of $23.5, down from the previous $25.25. Analysts from Truist Securities and Stifel adjusted their price targets, with Truist raising their target from $20 to $22 and then lowering it to $20, while Stifel lowered their target from $33 to $29. Raymond James also lowered their target from $25 to $23. Despite a -38.52% revenue decline over 3 months, MCFT has a strong net margin of 5.94% and an ROE of 3.23%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:01 pm

CROX

Six financial analysts have recently updated their ratings on Crocs (NASDAQ:CROX), with a general trend towards bullishness. The average 12-month price target is now $120.83, up 12.4% from the previous $107.50. Analysts from firms like Raymond James and Stifel have raised their price targets, reflecting positive sentiment towards the company's performance. Crocs has shown strong financial metrics, including a 6.15% revenue growth rate, a net margin of 16.93%, and an ROE of 14.81%. However, the company's debt-to-equity ratio of 1.91 suggests higher financial risk.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:00 pm

PRTA

Prothena Corp (NASDAQ:PRTA) has been reviewed by 5 analysts over the past three months, with ratings ranging from bullish to somewhat bullish. The average 12-month price target is $97.6, with a high of $129.00 and a low of $62.00, reflecting a 7.92% decrease from the previous average. Analysts from firms including Cantor Fitzgerald, Deutsche Bank, and JMP Securities have adjusted their ratings and price targets. Prothena's financials show a significant revenue growth rate of 5494.33% as of September 30, 2023, a net margin of 25.81%, an ROE of 3.65%, an ROA of 2.99%, and a low debt-to-equity ratio of 0.02.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:00 pm

CRON

Cronos Group Inc. (CRON) has begun expanding into the Australian market by shipping its first batch of cannabis flower to Vitura Health Limited, in which it owns approximately 10% of common shares. The Australian market for medical cannabis has seen significant growth, with patient approvals more than doubling in the first half of 2023 compared to the same period in 2022. A bill in New South Wales could further increase cannabis use by allowing cultivation for personal use. The article also mentions potential investment opportunities in cannabis stocks, highlighting gains in other cannabis companies.

Portfolio Pulse from Jelena Martinovic

January 09, 2024 | 8:52 pm

EBAY

Six financial analysts have provided their ratings on eBay (NASDAQ:EBAY) over the past three months, with a mix of opinions. The average 12-month price target for eBay is now $45.5, down from $48.50, with a high estimate of $56.00 and a low of $32.00. Recent actions include downgrades and maintaining ratings, reflecting analysts' reactions to eBay's performance and market conditions. eBay is a top 10 global e-commerce company with a strong presence in international markets. Financially, eBay has a market cap below industry averages, but it has shown strong revenue growth, net margin, ROE, ROA, and a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 8:00 pm