Streetbeat News

Revenues

LOGI

Logitech has raised its fiscal year 2025 outlook, now expecting sales between $4.39 billion and $4.47 billion, up from the previous range of $4.34 billion to $4.43 billion. The company also increased its non-GAAP operating income forecast to $720 million-$750 million, compared to the prior $700 million-$730 million.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 4:57 am

AXP

UBS

Jim Cramer recommends buying American Express (AXP) shares despite a recent dip, citing strong earnings, credit quality, and appeal to younger customers. The company reported a significant earnings beat but missed revenue estimates, leading to a stock price drop. Cramer believes Wall Street underestimates AXP's long-term growth potential.

Portfolio Pulse from Benzinga Neuro

October 22, 2024 | 1:38 am

BOW

Bowhead Specialty anticipates Q3 adjusted EPS of $0.36 to $0.39, surpassing estimates of $0.32. Gross written premiums are expected to rise 27% to 34% year over year, reaching $193 million to $200 million. Net income is projected between $11.5 million and $12.5 million.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 9:50 pm

SMBK

SmartFinancial (NYSE:SMBK) reported strong Q3 earnings, with adjusted EPS of $0.54 beating estimates by 14.89% and sales of $44.17M surpassing expectations by 4.25%. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 9:09 pm

LITE

Analysts have provided mixed ratings for Lumentum Holdings (NASDAQ:LITE) over the past three months, with a recent average price target of $60.67, reflecting a 13.23% increase. Despite positive analyst sentiment, Lumentum faces financial challenges, including declining revenue and profitability issues.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 9:01 pm

HTZ

Hertz Global Holdings (NASDAQ:HTZ) has received mixed analyst evaluations over the past three months, with ratings ranging from indifferent to somewhat bearish. The average 12-month price target has decreased by 24.96% to $4.75. Analysts from Barclays, Morgan Stanley, Susquehanna, and JP Morgan have adjusted their ratings and price targets, reflecting challenges in Hertz's financial performance, including declining revenue, low net margin, and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 9:01 pm

DTE

Analysts have varied opinions on DTE Energy (NYSE:DTE), with recent assessments showing a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased by 6.42% to $133.27. DTE Energy's financial metrics, such as revenue growth and net margin, are strong, but the company faces challenges with a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 9:01 pm

RNA

Analysts have varied opinions on Avidity Biosciences (NASDAQ:RNA), with recent ratings showing a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $71.5, indicating positive expectations. Despite this, the company faces financial challenges, including declining revenue and low profitability metrics.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 9:01 pm

PK

Park Hotels & Resorts (NYSE:PK) has been evaluated by 5 analysts over the past three months, showing a mix of bullish to bearish sentiments. Analysts have lowered their 12-month price targets, indicating a negative shift in sentiment. The company's financials reveal a decline in revenue growth but strong net margin, ROE, and ROA. Analysts' ratings reflect their response to recent developments, with most lowering their price targets.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 9:01 pm

H

Analysts have mixed ratings for Hyatt Hotels (NYSE:H), with a recent decrease in the average price target by 1.16%. The company faces challenges with a slight revenue decline but maintains strong net margins and efficient asset management.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 9:00 pm