Streetbeat News

Revenues

FTV

Fortive (NYSE:FTV) has received mixed ratings from 13 analysts over the past three months, with a majority being somewhat bullish. The average 12-month price target is $86.77, slightly down from the previous $87.18. Analysts have adjusted their ratings and price targets in response to market conditions, with some raising and others lowering their expectations. Fortive's financial performance shows revenue growth but challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 3:00 pm

LUV

Southwest Airlines' CEO acknowledges the company's underperformance in financial returns and outlines plans to optimize their network and manage costs. The board is focused on accountability, and a new cost initiative aims to improve efficiencies in a low growth environment.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 2:59 pm

BA

LUV

Southwest Airlines plans to address overstaffing issues caused by Boeing delays by 2025, excluding pilots. The company will use voluntary lead programs and credits on future deliveries to resolve past financial issues. Southwest aims to optimize its fleet and order book value.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 2:57 pm

AMR

ARCH

HCC

METC

Coal company shares are rising due to a report that China plans to issue up to $284 billion in sovereign debt for economic stimulus.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 2:52 pm

AA

CENX

KALU

MT

NUE

RS

STLD

VALE

Metal and material company shares are rising due to a report that China plans to issue up to $284 billion in sovereign debt for stimulus.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 2:50 pm

ALB

LAC

SQM

Lithium company shares are rising due to a report that China plans to issue up to $284 billion in sovereign debt as a stimulus measure.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 2:46 pm

BHP

FCX

HBM

RIO

SCCO

TECK

Copper company shares are rising due to a report that China plans to issue up to $284 billion in sovereign debt for economic stimulus.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 2:45 pm

KBH

KB Home (NYSE:KBH) has significantly outperformed the market over the past decade, with an annualized return of 18.89%. A $1000 investment in KBH 10 years ago would now be worth $5,587.68. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 2:30 pm

MPWR

Monolithic Power Systems (NASDAQ:MPWR) has significantly outperformed the market over the past 15 years, achieving an average annual return of 28.86%. A $1000 investment in MPWR 15 years ago would be worth $44,051.75 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 2:30 pm

LHX

L3Harris Technologies Inc. (NYSE:LHX) shares are trading at $232.88, with a slight decrease of 0.19% in the current session. Over the past year, the stock increased by 33.75%, despite a 0.34% decrease over the past month. The company's P/E ratio is lower than the Aerospace & Defense industry average, suggesting potential undervaluation or weak growth prospects. Investors should consider multiple metrics and industry trends for a comprehensive analysis.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 2:30 pm