Streetbeat News

Revenues

STEP

StepStone Group (NASDAQ:STEP) has received varied analyst ratings, with a recent trend towards more positive outlooks. Analysts have raised price targets, reflecting an average target of $58.12, a 15.57% increase from the previous average. Despite positive revenue growth, the company faces challenges with net margin and ROA, though it has a strong ROE and conservative debt management.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 5:00 pm

BGNE

BeiGene (NASDAQ:BGNE) has received mixed analyst ratings, with a recent average price target of $252.75, up from $221.00. Analysts from JP Morgan, JMP Securities, and Citigroup have raised their ratings and price targets, reflecting positive sentiment. BeiGene's revenue growth and net margin are strong, but its ROE and ROA are below industry averages.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 5:00 pm

KMX

Analysts have provided mixed evaluations for CarMax (NYSE:KMX) over the past three months, with a range of ratings from bullish to bearish. The average 12-month price target has increased slightly to $84.12. CarMax faces revenue growth challenges but maintains strong net margins and effective asset utilization.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 5:00 pm

FLGC

Flora Growth Corp. (NASDAQ:FLGC) has announced the development of a new specialized beverage facility, marking its entry into the $220 million U.S. THC-infused beverage market. The facility uses technology from Peak, a leading Canadian cannabis beverage producer, to deliver high-quality products and gain a competitive edge. The U.S. market for THC-infused beverages is expected to grow significantly, with projections reaching half a billion dollars by 2030.

Portfolio Pulse from Rolando García

October 22, 2024 | 5:00 pm

ZION

Zions Bancorp (NASDAQ:ZION) has received mixed analyst ratings over the past three months, with most analysts remaining indifferent. The average 12-month price target has increased by 3.49% to $54.29. Despite challenges in revenue growth and net margin, Zions Bancorp shows strong return on equity and prudent debt management.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 5:00 pm

PRGS

Progress Software (NASDAQ:PRGS) has received mixed analyst ratings over the past three months, with a positive shift in average price targets. Analysts have raised their price targets, indicating a bullish sentiment. The company's financials show strong net margins and ROA, but challenges in ROE and high debt levels.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 5:00 pm

BCC

Boise Cascade (NYSE:BCC) has been analyzed by four analysts, showing a range of ratings from bullish to bearish. The average 12-month price target has increased by 2.13% to $143.75. Despite a recent revenue decline, Boise Cascade demonstrates strong profitability and financial health with high net margins, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 5:00 pm

REGN

Regeneron Pharmaceuticals faced a legal setback as a court rejected its request for a temporary injunction to block the sales of a generic version of its Eylea drug. This decision could impact Regeneron's market share and revenue from Eylea.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 4:52 pm

DENN

Denny's Corporation (NASDAQ:DENN) shares fell by 17.3% after the company reported disappointing Q3 financial results. The company missed analyst expectations for both earnings per share and sales, and reported a decline in same-restaurant sales. Operating income and margins also decreased, primarily due to increased marketing and occupancy costs. Denny's revised its outlook for domestic same-restaurant sales and adjusted EBITDA downwards.

Portfolio Pulse from Nabaparna Bhattacharya

October 22, 2024 | 4:52 pm

NVDA

SOUN

STLA

SoundHound AI is expanding its AI technology in the automotive sector through partnerships with companies like Hyundai and Stellantis. The company aims to enhance vehicle interactions and create monetization opportunities for automakers. SoundHound is also backed by NVIDIA, highlighting its strong position in the AI space.

Portfolio Pulse from Chris Katje

October 22, 2024 | 4:49 pm