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Revenues

MBLY

Mobileye Global Inc. has announced preliminary financial results, projecting FY23 revenue to be between $2.076B and $2.080B, which is in line with the estimated $2.08B. For Q4, the revenue is expected to be between $634M and $638M, also aligning with the estimated $636.59M.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 12:01 pm

ATRC

AtriCure (NASDAQ:ATRC) was analyzed by 6 analysts, showing a mix of bullish and somewhat bullish ratings with no bearish or indifferent stances. The average 12-month price target is now $52.00, down from $59.00, with a high estimate of $60.00 and a low of $44.00. Analysts from Needham and JMP Securities have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. AtriCure specializes in surgical treatments for atrial fibrillation and related conditions, with a majority of revenue from the U.S. The company has shown strong revenue growth, net margin, ROE, and ROA, with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 12:00 pm

VZ

Seven analysts have recently provided diverse opinions on Verizon Communications (NYSE:VZ), with an average 12-month price target of $42.71, a slight decrease from the previous average. The ratings range from 'Outperform' to 'Equal-Weight', with price targets adjusted accordingly. Verizon's financials show a negative revenue trend, but strong net margin, ROE, and ROA, along with a healthy debt-to-equity ratio. Analysts' ratings are crucial for investors, reflecting expert opinions on stock performance and company prospects.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 12:00 pm

MU

Micron Technology (NASDAQ:MU) has been analyzed by 30 analysts, showing a range of opinions. Recent updates show a positive trend in analyst sentiment, with many raising their price targets. The average 12-month price target is now $93.41, up from $82.21. Micron specializes in memory and storage chips, with a positive revenue growth rate of 15.69% as of November 30, 2023, but faces challenges with a net margin of -26.11% and an ROE of -2.84%. The company's debt-to-equity ratio is healthy at 0.33.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 12:00 pm

MUSA

Murphy USA (NYSE:MUSA) received mixed analyst ratings in the latest quarter, with 1 bullish, 2 somewhat bullish, and 1 bearish rating. Analysts updated their price targets, with an average of $385.00, a high of $425.00, and a low of $280.00, reflecting an 11.38% increase from the previous average target. Corey Tarlowe of Jefferies and Ben Bienvenu of Stephens & Co. raised their targets, while Bonnie Herzog of Goldman Sachs also raised hers but maintains a sell rating. Murphy USA operates gasoline products and convenience stores, mostly adjacent to Walmart stores, and has shown strong financial health with a high ROE and ROA but faces revenue challenges.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 12:00 pm

ILMN

Nine analysts have recently rated Illumina (NASDAQ:ILMN), with a mix of bullish to bearish sentiments. The average 12-month price target is now $168.11, a 13.79% decrease from the previous $195.00 target. Analysts from firms like RBC Capital, Guggenheim, and B of A Securities have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Illumina specializes in genetic analysis tools and services, with the majority of its revenue from sequencing. Despite positive revenue growth, the company's market capitalization, net margin, ROE, and ROA are below industry benchmarks, although it has a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 12:00 pm

DTE

DTE Energy (NYSE:DTE) has received mixed ratings from 8 analysts in the last three months, with a range of bullish to bearish sentiments. The average 12-month price target is $110.0, with a high of $117.00 and a low of $103.00. Recent analyst actions include both raised and lowered ratings and price targets. DTE Energy's financial performance shows a significant market capitalization, a decline in revenue growth by -45.0%, a high net margin of 11.5%, an exceptional ROE of 3.11%, an impressive ROA of 0.77%, and a balanced debt-to-equity ratio of 1.89.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 12:00 pm

BKE

Buckle reported a 7.4% year-over-year decrease in comparable store net sales for the 48-week period ended December 30, 2023. Total net sales for the same fiscal period also fell by 6.8%, amounting to $1.189 billion.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 12:00 pm

BKE

Buckle reported a 5.8% year-over-year decrease in comparable store net sales for the 5 weeks ended December 30, 2023. The company's total net sales also fell by 5% to $203.8 million during the same period.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 11:59 am

RPM

RPM International has updated its FY24 sales growth forecast to low-single-digit, a decrease from its previous mid-single digits expectation. However, the company reaffirms its adjusted EBIT growth projection of low-double digits to mid-teens.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 11:51 am