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TMUS

T-Mobile US (NASDAQ:TMUS) received 9 analyst ratings in the past quarter, with 5 bullish and 4 somewhat bullish, and none bearish. The average 12-month price target is $181.33, up 3.87% from the previous $174.57. Analysts from firms like Oppenheimer, UBS, and Wells Fargo have maintained or raised their price targets, reflecting a positive sentiment towards TMUS. The company's financial performance shows a negative revenue trend with a -1.16% growth, but a strong net margin of 11.13%. Its ROE and ROA are below industry averages, and it has a healthy debt-to-equity ratio of 1.7.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 6:01 pm

VMC

Vulcan Materials (NYSE:VMC) has received 4 analyst ratings in the last quarter, with 2 bullish and 2 somewhat bullish, and no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target is $251.00, with a high of $279.00 and a low of $225.00. The average price target has increased by 1.34% over the past month. Analysts from Stifel and Seaport Global have raised their price targets, while Raymond James has lowered theirs. Vulcan Materials is a leading producer of construction aggregates in the U.S. and has shown a revenue growth rate of 4.67% as of September 30, 2023, but faces challenges with net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 6:00 pm

ROAD

Construction Partners (NASDAQ:ROAD) received four bullish analyst ratings in the past quarter, with an average price target of $47.5, reflecting a 10.47% increase from the previous target of $43.00. Analysts from Stifel and Raymond James raised their price targets, indicating a positive sentiment towards ROAD's stock. The company's financial performance shows strong revenue growth, net margin, ROE, and ROA, with a low debt-to-equity ratio, suggesting a solid market position.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 6:00 pm

DNA

Ginkgo Bioworks' stock is up following three positive announcements: a Ginkgo-led team received funding from the U.S. Department of Energy (DOE) for algal crop protection solutions, Greenlab formed a new partnership with Ginkgo for PFAS-related work, and Ginkgo's subsidiary FGen AG secured funding through the European Innovation Council's (EIC) Pathfinder Challenge program.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 5:10 pm

DHI

LEN

PHM

XHB

November saw a significant surge in housing starts, outperforming market expectations and indicating a potential economic tailwind for 2024. Despite high interest rates, demand for new homes has remained strong, leading to a rebound in homebuilder stocks. The SPDR Homebuilders ETF (XHB) has risen 58% over the year. Homebuilder shares like DR Horton (DHI), Lennar Corporation (LEN), and Pulte Group (PHM) also saw gains in early trade on Tuesday.

Portfolio Pulse from Neil Dennis

December 19, 2023 | 5:08 pm

BECN

Beacon Roofing Supply (NASDAQ:BECN) received mixed ratings from analysts in the last quarter, with an average 12-month price target of $99.00. The high estimate is $119.00 and the low estimate is $80.00. Notably, the average price target increased by 2.33% over the past month. Analysts from Stifel, JP Morgan, Truist Securities, and RBC Capital have adjusted their price targets and ratings, reflecting their views on the company's market dynamics and performance. Beacon Roofing Supply operates in the roofing and building materials industry in the US and Canada, and has shown a revenue growth rate of 7.0% as of September 30, 2023. However, the company faces challenges with a net margin of -10.17%, ROE of -13.93%, and ROA of -4.03%, indicating potential issues in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 5:01 pm

KVUE

Kenvue (NYSE:KVUE) has received mixed analyst ratings in the last quarter with 1 bullish, 1 somewhat bullish, and 2 indifferent. The average 12-month price target among 4 analysts is $23.75, with a high of $26.00 and a low of $20.00. The current average target has declined by 8.65% from the previous $26.00. Analysts from UBS, Piper Sandler, Goldman Sachs, and JP Morgan have provided updates, with UBS and Piper Sandler maintaining a neutral stance, while Goldman Sachs and JP Morgan have lowered their targets but still suggest a buy/overweight rating. Kenvue, a spin-off from Johnson & Johnson's consumer segment, went public in May 2023 and is a leader in consumer health with $15 billion in annual revenue. Despite a positive revenue trend and strong financial indicators like net margin and ROE, its revenue growth lags behind industry peers.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 5:01 pm

LECO

Analysts have provided mixed ratings for Lincoln Electric Holdings (NASDAQ:LECO) in the last quarter, with 1 bullish, 2 indifferent, and 1 bearish. The average 12-month price target is $195.00, a decrease from the previous $201.00. Actions by analysts include both raised and lowered price targets, reflecting changing market conditions and company performance. Lincoln Electric, a leading manufacturer in welding and cutting products, has shown revenue growth but faces challenges in net margin and debt management. The company's ROE and ROA outperform industry averages.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 5:01 pm

LEGN

Legend Biotech (NASDAQ:LEGN) received 4 analyst ratings in the last quarter, with 2 bullish, 1 somewhat bullish, and 1 indifferent. The 12-month price targets from these analysts average $82.75, with a high of $93.00 and a low of $65.00. The current average shows a 5.61% decline from the prior average. Legend Biotech is a clinical-stage biopharmaceutical company with a lead CAR T cell therapy product for multiple myeloma. The company has shown a revenue growth rate of 250.91% as of September 30, 2023, but faces challenges with a net margin of -64.79%, ROE of -4.53%, and ROA of -3.3%. Its debt-to-equity ratio is 0.24, below industry norms.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 5:00 pm

CMA CGM

COSCO SHIPPING

HLAG.DE

MAERSK-B.CO

MSC

Attacks on cargo ships in the Red Sea are causing delays in shipments from Asia to Europe, affecting major carriers like CMA CGM, Cosco, Evergreen, Hapag-Lloyd, Maersk, and MSC. Operations Prosperity Guardian is being organized to escort ships through the area, but this will slow down transit times. There are reports of potential shortages of computer components and other consumer goods, which may lead to price increases in Europe. Some companies are considering the longer route via the Cape of Good Hope to avoid attacks, despite higher fuel costs and longer shipping times.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 4:31 pm