Streetbeat News

Revenues

NKE

JPMorgan analyst Matthew R. Boss highlights several concerns for Nike, including supply chain issues, declining sales in Greater China, and margin compression. Boss maintains a neutral rating with a $77 price target for December 2025, urging caution for investors.

Portfolio Pulse from Surbhi Jain

October 09, 2024 | 4:12 pm

HII

HII's Mission Technologies division has been awarded a $75 million task order by the U.S. Navy to provide systems engineering support for integrated training systems on ships. This will enhance combat preparedness by creating interfaces between live, virtual, and constructive networks and combat systems.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 4:01 pm

PACS

PACS Group (NYSE:PACS) has received varied analyst ratings over the past three months, with a majority being bullish. Analysts have set a 12-month average price target of $42.29, reflecting a 23.65% increase from previous targets. Despite strong revenue growth, PACS Group faces challenges with profitability, asset utilization, and high debt levels.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 4:01 pm

BLDR

Analysts have provided mixed ratings for Builders FirstSource (NYSE:BLDR) over the past three months, with a majority being somewhat bullish. The average 12-month price target has increased slightly, indicating a positive outlook. However, the company's financial health shows challenges, with declining revenue growth and below-average profitability metrics.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 4:00 pm

TRV

Nine analysts have recently published ratings on Travelers Companies (NYSE:TRV), with a range of perspectives from bullish to bearish. The average 12-month price target has increased by 4.57% to $226.0. Travelers Companies has shown positive revenue growth but faces challenges with profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 4:00 pm

PBF

Analysts have recently lowered their ratings and price targets for PBF Energy, reflecting a more cautious outlook. The average 12-month price target has decreased by 19.78% to $39.45. PBF Energy faces challenges with declining revenue growth and below-average ROE and ROA, despite having a strong net margin and prudent debt management.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 4:00 pm

PTC

PTC (NASDAQ:PTC) has significantly outperformed the market over the past decade, with an annualized return of 18.13%. A $100 investment in PTC 10 years ago would now be worth $525.56, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 4:00 pm

AFG

American Financial Group (NYSE:AFG) has outperformed the market over the past 20 years with an average annual return of 10.38%, surpassing the market by 1.83% annually. A $100 investment in AFG 20 years ago would now be worth $717.41, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 4:00 pm

SKYX

SKYX Technologies announced a $11M preferred stock investment, including $500K from President Steve Schmidt. The company aims to be cash flow positive by 2025, with Q2 2024 sales of $21.4M. SKYX is pursuing strategic collaborations to enhance growth opportunities.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 3:56 pm

ALL

BRK

CADE

CYH

DIS

DUK

FITB

HCA

HWC

LTH

MODG

NEE

PGR

PLNT

SNV

SSB

THC

TRV

UHS

Hurricane Milton, downgraded to a Category 4 storm, is expected to impact several sectors in Florida, including regional banks, hospitals, utilities, insurance, and leisure. Analysts warn of potential financial impacts on companies like Disney, NextEra Energy, and regional banks due to the storm's effects.

Portfolio Pulse from Chris Katje

October 09, 2024 | 3:51 pm