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Revenues

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

BLDR

Builders FirstSource (NYSE:BLDR) has received a mix of analyst ratings with 3 bullish, 5 somewhat bullish, and 2 indifferent, with no bearish ratings. The average 12-month price target among 10 analysts is $166.2, with a high of $200 and a low of $143. The current average is 2.24% lower than the previous average of $170. Analysts have adjusted their ratings and price targets in response to company performance and market conditions. Builders FirstSource has seen a -21.3% decline in revenue growth and faces profitability challenges with a net margin of 9.96% and an ROE of 10.12%, though it has a strong ROA of 4.21% and a prudent debt-to-equity ratio of 0.85.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 4:01 pm

MTZ

Analysts have recently updated their ratings and price targets for MasTec (NYSE:MTZ), with a total of 9 analysts offering their views. The average price target is now $78.67, down from the previous $108.33, indicating a 27.38% decrease. The highest price target given is $106.00 and the lowest is $54.00. Analysts' actions include raising, lowering, and announcing ratings, with the majority being bullish. MasTec's financial performance shows strong revenue growth but below-average profitability and efficiency metrics, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 4:01 pm

AGCO

AGCO (NYSE:AGCO) has received updated analyst ratings, with 9 analysts offering 12-month price targets in the last 3 months. The average price target is $153.44, with a high of $161.00 and a low of $142.00. The current average has dropped by 0.69% from the previous average of $154.50. Analyst actions include maintaining, raising, and lowering their stances, reflecting their views on AGCO's market conditions and performance. AGCO's financials show a positive revenue trend with a growth rate of 10.7%, a net margin of 8.12%, an ROE of 6.61%, an ROA of 2.47%, and a debt-to-equity ratio of 0.49.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 4:01 pm

AMD

Advanced Micro Devices (AMD) is evaluated against its competitors in the Semiconductors & Semiconductor Equipment industry. AMD's P/E ratio is significantly higher than the industry average, indicating a higher valuation. Its P/B ratio is lower, suggesting potential undervaluation, while a higher P/S ratio implies potential overvaluation relative to sales. AMD's ROE is below the industry average, indicating inefficiency in profit generation from equity. The company's EBITDA and gross profit are also below the industry average, and it has experienced slower revenue growth compared to its peers. AMD's lower debt-to-equity ratio compared to its top 4 peers suggests a stronger financial position.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 4:00 pm

AZEK

Analysts have recently provided ratings and price targets for AZEK Co (NYSE:AZEK), showing a positive sentiment with 9 bullish and no bearish ratings. The average 12-month price target is $39.56, with a high of $44.00 and a low of $35.00. The current average has increased by 2.94% from the previous $38.43. Analysts from firms like Stifel, Wolfe Research, and BMO Capital have raised their price targets, while others from B. Riley Securities, Truist Securities, and Barclays have lowered theirs. AZEK Co is a manufacturer of outdoor living products with a focus on the Residential segment, showing a positive revenue trend with a growth rate of 27.63% as of September 30, 2023, but has below-average net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 4:00 pm

UFI

Unifi Aviation, a global aviation services leader, has seen its revenue more than double since 2021, becoming North America's largest aviation services company. As it celebrates its five-year anniversary, it has been recognized by Newsweek as one of 'America's Greatest Workplaces for Diversity' for 2024. The company has expanded by acquiring Up & Away, a UK-based aviation services firm, and launching operations in Canada with WestJet at Calgary International Airport. Unifi has also hired nearly 1000 new employees in Canada and expanded its teams in Orlando, San Francisco, and Atlanta.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 3:27 pm

AAPL

AMZN

GLD

GOOG

META

MSFT

NVDA

QQQ

SLV

SMH

SPY

TSLA

USO

The article discusses the current state of the stock market, highlighting the strong performance of semiconductors as shown by the VanEck Semiconductor ETF (SMH) and the importance of market mechanics that have been driving the market higher, which are expected to end by December 29, 2023. It suggests that investors may need to take steps such as raising hedges, cash, and taking profits before the year ends. The article also notes strong housing starts, positive early trade money flows in major tech stocks and ETFs, and buying activity in gold and oil by the momo crowd. The Arora Report, known for its accurate market calls, suggests maintaining good long-term positions while holding cash or Treasury bills and adjusting hedge levels.

Portfolio Pulse from The Arora Report

December 19, 2023 | 3:23 pm

FTV

Fortive (NYSE:FTV), a diversified industrial technology firm, has been evaluated by analysts with mixed sentiments. The average 12-month price target among 7 analysts is $74.86, with a high of $90.00 and a low of $66.00. This target has decreased by 1.72% from the previous $76.17. Analysts' actions include both upgrades and downgrades, with ratings ranging from 'Buy' to 'Neutral'. Fortive's financial performance shows a revenue growth of 2.64% as of September 30, 2023, a high net margin of 14.59%, but lower ROE and ROA compared to industry averages, and a healthy debt-to-equity ratio of 0.27.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 3:02 pm

Ingersoll Rand (NYSE:IR) received 4 recent analyst ratings with an average 12-month price target of $77.5, a high estimate of $86.00, and a low estimate of $68.00. The current average target marks a 6.65% increase from the previous average of $72.67. Analysts from Wells Fargo, Citigroup, CFRA, and Stifel have updated their ratings and price targets, with actions ranging from 'Raises' to 'Announces'. Ingersoll Rand's financial performance shows a revenue growth of 14.73%, a net margin of 11.98%, an ROE of 2.2%, an ROA of 1.38%, and a debt-to-equity ratio of 0.29.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 3:02 pm