Streetbeat News

Revenues

GPN

Global Payments (NYSE:GPN) has been evaluated by 11 analysts over the last three months, with a mix of bullish to bearish sentiments. The average 12-month price target is $142.73, with a high of $180.00 and a low of $110.00, marking a 10.07% decrease from the previous average. Analysts have made various rating changes and price target adjustments, reflecting their views on the company's performance and market conditions. Global Payments is a payment processing and software solutions provider, with a recent revenue growth of 8.33% as of September 30, 2023. However, it has a lower market capitalization, below-average ROE and ROA, and a prudent debt-to-equity ratio of 0.77.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 12:00 pm

FI

Analysts have provided mixed evaluations of Fiserv (NYSE:FI) with 12 ratings over the past three months, showing a trend towards bullish sentiment. The average 12-month price target is $149.67, up 3.32% from the previous $144.86. Analysts from firms like Keybanc, Tigress Financial, and UBS have raised their price targets, while Truist Securities lowered theirs. Fiserv's financial performance includes strong revenue growth, net margin, and ROA, but a lower ROE compared to industry averages. The company's debt-to-equity ratio is below industry norms, indicating a sound financial structure.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 12:00 pm

GTLB

GitLab (NASDAQ:GTLB) has been the subject of 15 analyst ratings in the past three months, with a mix of bullish and bearish sentiments. The average 12-month price target is $64.13, up 7.47% from the previous $59.67. Analysts from firms like Mizuho, Goldman Sachs, and RBC Capital have raised their price targets, reflecting a positive outlook on the company's performance. GitLab operates a DevOps platform and has shown a revenue growth rate of 32.47% as of October 31, 2023. However, the company has a net margin of -190.53% and an ROE of -42.87%, indicating potential profitability challenges.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 12:00 pm

TBLA

Six analysts have recently provided ratings for Taboola.com Ltd (NASDAQ:TBLA), with all six maintaining a bullish stance. The average 12-month price target is $5.67, marking a 13.4% increase from the previous target of $5.00. The company has shown an 8.35% revenue growth rate as of September 30, 2023, but faces challenges with a net margin of -6.42% and an ROE of -2.14%. Taboola.com's market capitalization is below industry averages, and it has a conservative debt-to-equity ratio of 0.25.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 12:00 pm

HOOD

Robinhood Markets (NASDAQ:HOOD) was analyzed by 6 analysts, showing diverse opinions. The average 12-month price target is $14.08, up from $12.70. Analysts from Keybanc, JMP Securities, Morgan Stanley, Mizuho, and Piper Sandler have updated their ratings and price targets. Robinhood's market cap is below industry average, but it saw a 29.36% revenue growth in the last quarter. However, it has a net margin of -18.2% and low ROE and ROA, indicating profitability and asset utilization challenges. Its debt-to-equity ratio is conservative at 0.49.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 12:00 pm

NTST

NETSTREIT Corp. announced it completed $480.5 million in gross investment activity with a 7.2% blended cash yield for 2023. The company also reaffirmed its 2023 Adjusted Funds from Operations (AFFO) per share guidance to be between $1.21 and $1.23.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 11:59 am

DTC

Solo Brands, Inc. (NYSE:DTC) announced Christopher T. Metz as the new CEO effective January 15, 2024, replacing John Merris. The company also revised its FY23 revenue guidance downward from $520M-$540M to $490M-$500M, citing weaker sales in its direct channel. Interim CFO Andrea Tarbox acknowledged Q4 results below expectations and increased marketing investments that did not translate into expected sales, impacting EBITDA negatively.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 11:59 am

ASXC

Asensus Surgical expects FY23 unaudited revenue of $8.2M-$8.8M, surpassing the consensus estimate of $7.79M. Q4 sales are projected to be $5.1M-$5.7M, also above the consensus of $4.67M. The company reported a 14% increase in global procedures to over 3,550 for the year and initiated eight Senhance Surgical Programs. As of December 31, 2023, Asensus had about $21.0 million in cash and short-term investments. In Q4, over 835 procedures were performed, and five new Senhance Programs were launched in various regions including Germany, Romania, the CIS region, and Japan.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 11:52 am

GCO

Genesco reported a 4% decrease in comparable sales for Q4 year-over-year, noting a sales deceleration in the weeks leading up to Christmas.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 11:52 am

CMC

Commercial Metals Company (CMC) anticipates a robust construction season in spring and summer, driven by increased infrastructure investments. This is expected to bolster strong demand in North America Steel and Emerging Businesses beyond Q2.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 11:52 am