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NKE

Nike (NYSE:NKE) is scheduled to release its quarterly earnings report on Thursday, 2024-03-21, with analysts estimating an EPS of $0.74. Historical data shows mixed reactions to past earnings, with the last quarter beating EPS estimates by $0.18 but resulting in an 11.83% drop in share price. Over the last year, Nike shares have declined by 17.43%, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 2:00 pm

FDX

FedEx (NYSE:FDX) is scheduled to release its quarterly earnings report on March 21, 2024. Analysts predict an EPS of $3.53. Investors are hopeful for a beat on this estimate and positive future guidance. Historical data shows a mixed impact of past earnings on stock price, with the last quarter missing EPS estimates leading to a 12.05% drop in share price. Shares are currently trading at $256.62, up 18.28% over the last year, indicating a generally positive outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 2:00 pm

RGF

B. Riley Securities analyst Jeff Van Sinderen downgraded The Real Good Food (NASDAQ:RGF) from Buy to Neutral and significantly lowered the price target from $6 to $0.5.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 2:00 pm

KVYO

Klaviyo (NYSE:KVYO) has received mixed analyst ratings over the past three months, with a current average 12-month price target of $37.00, down 1.33% from the previous $37.50. The company's financial performance shows a revenue growth of 38.82% but struggles with profitability and efficiency, indicated by a net margin of -13.04%, ROE of -2.89%, and ROA of -2.43%. Klaviyo's market capitalization is below industry averages, and it maintains a low debt-to-equity ratio of 0.06.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 2:00 pm

NVO

Novo Nordisk (NYSE:NVO) received seven somewhat bullish analyst ratings in the last quarter, with a notable increase in the 12-month price target to $142.86 from $130.00, indicating a 9.89% rise. Analysts from firms like Cantor Fitzgerald and Morgan Stanley have maintained or raised their overweight ratings, reflecting positive expectations for the company's performance. Novo Nordisk, a leader in diabetes care, has shown strong financial health with a revenue growth of 36.95%, a net margin of 33.35%, and an ROE of 22.01%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 2:00 pm

ETAO

Etao International's shares are trading higher following the announcement of a reverse stock split. This corporate action typically aims to increase the market price of the company's shares, making them more appealing to investors.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 1:56 pm

TME

Goldman Sachs analyst Ronald Keung upgrades Tencent Music Enter Gr (NYSE:TME) from Neutral to Buy and sets a $14 price target.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 1:55 pm

ATXG

Trading of Addentax Group's shares (ATXG) has resumed after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 1:51 pm

MODG

Raymond James has responded to an earlier report by Korea News Media regarding Topgolf Callaway Brands, suggesting that investors should not place too much credence in the news of a potential transaction. This statement comes after speculation about a deal involving Topgolf Callaway Brands.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 1:50 pm

AMZN

Carote Ltd., a kitchenware company, has seen significant growth by focusing on its own-brand products, with a 118% profit increase last year to 237 million yuan. The company, planning a Hong Kong IPO, has shifted from OEM to ODM and now to branding its products, notably on Amazon in North America. Its revenue doubled last year to 1.58 billion yuan, with the U.S. becoming its largest market. Carote's strategic shifts, including outsourcing production and a young management team, have contributed to its success.

Portfolio Pulse from The Bamboo Works

March 20, 2024 | 1:49 pm