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Revenues

LLAP

Terran Orbital announced it expects to report over $70 million in cash and cash equivalents by the end of 2023, a significant increase from $38.7 million as of September 30, 2023. The increase is primarily due to key customer payments received at year-end. CEO Marc Bell expressed confidence in the company's financial foundation for 2024.

Portfolio Pulse from Charles Gross

January 02, 2024 | 12:17 pm

LLAP

Terran Orbital Corporation (NYSE:LLAP) has received a payment from Rivada Space Networks for completing a program milestone under their existing contract. Rivada is now current on all outstanding invoices, and Terran Orbital anticipates further milestone payments in 2024, with delivery obligations on schedule for 2025 and 2026.

Portfolio Pulse from Charles Gross

January 02, 2024 | 12:16 pm

MRNA

Moderna's CEO, in a letter to shareholders, announced the expected launch of an RSV vaccine candidate in 2024 and a combined Flu/Covid vaccine as early as 2025. The CEO anticipates sales growth for the company beginning in 2025 due to these new products.

Portfolio Pulse from Charles Gross

January 02, 2024 | 12:12 pm

BRK

BYDDF

NIO

TSLA

XPEV

Wang Chuanfu, CEO of BYD Co., has been praised by Charlie Munger for his manufacturing prowess, surpassing Elon Musk in this regard. BYD, a Chinese EV maker, is challenging Tesla's market dominance with its range of affordable electric vehicles. Warren Buffett's Berkshire Hathaway invested in BYD in 2008, recognizing its potential. BYD's success is also due to competition with other Chinese EV makers like Nio Inc and Xpeng Inc. The company is expanding globally and is expected to launch third-generation EVs next year.

Portfolio Pulse from Ramakrishnan M

January 02, 2024 | 12:05 pm

THR

Thermon Group Holdings, Inc. has acquired Vapor Power International, LLC, a provider of industrial process heating solutions. Vapor Power generated over $50 million in revenue for the year ended December 31, 2023. The acquisition is expected to be accretive to Thermon's GAAP earnings per share in the first twelve months post-acquisition. The seller was an investment group led by Stone Pointe, LLC, along with Vapor Power's management team. Financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 12:03 pm

ROL

Rollins (NYSE:ROL) received mixed analyst ratings in the latest quarter, with 3 bullish and 1 indifferent rating. The average 12-month price target is $45.25, slightly up from the previous $45.00. Analysts from Goldman Sachs, Morgan Stanley, UBS, and Stifel provided recent evaluations, with price targets ranging from $40.00 to $50.00. Rollins, a global pest-control service provider, showed a revenue growth of 15.17% and a net margin of 15.2%, with an ROE of 10.45% and an ROA of 4.88%. The company maintains a low debt-to-equity ratio of 0.82.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 12:00 pm

GS

Goldman Sachs Gr (NYSE:GS) has received mixed ratings from 6 analysts in the past three months, with 5 somewhat bullish and 1 indifferent. The average 12-month price target is now $436.83, up from $422.60. Analysts from Barclays, Morgan Stanley, Oppenheimer, and JMP Securities have updated their ratings and price targets, reflecting changes in market dynamics and company performance. Goldman Sachs's revenue declined by -1.32% as of September 30, 2023, and it faces challenges with ROE, ROA, and debt management, despite a strong net margin and market position.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 12:00 pm

PK

Park Hotels & Resorts (NYSE:PK) has received mixed analyst ratings over the past three months, with the latest average 12-month price target being $15.75, up 16.06% from the previous $13.57. Analysts from firms like Jefferies, Wells Fargo, JP Morgan, Morgan Stanley, Barclays, and HSBC have updated their ratings and price targets, reflecting a positive outlook on the company's financial performance, which includes a revenue growth rate of 2.57%, a net margin of 3.98%, an ROE of 0.67%, and an ROA of 0.29%. Park Hotels & Resorts focuses on high-quality assets in domestic gateway markets and has a lower than average debt-to-equity ratio of 1.18.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 12:00 pm

BAC

Bank of America (NYSE:BAC) has received mixed analyst ratings over the past three months, with 7 analysts offering a range of opinions. The average 12-month price target is $40.56, up from $39.00, with high and low estimates of $51.00 and $30.00 respectively. Analysts from firms including Barclays, Odeon Capital, Goldman Sachs, Oppenheimer, Keefe, Bruyette & Woods, and BMO Capital have adjusted their ratings and price targets, reflecting their views on the company's market performance and financial health. Bank of America, a major U.S. financial institution, shows a positive revenue trend, strong net margin, but below industry average ROE and ROA, and a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 12:00 pm

COF

Over the past three months, 10 analysts have provided diverse ratings for Capital One Financial (NYSE:COF), with an average 12-month price target of $118.3, up from $116. The ratings range from bullish to bearish, with recent actions including both upgrades and downgrades. Capital One is a large financial services company with strong revenue growth, net margin, and ROE, but a lower ROA and conservative debt management. Analysts' ratings and price targets reflect their views on the company's performance and market conditions.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 12:00 pm