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ADSK

Autodesk (NASDAQ:ADSK) is evaluated against its competitors in the Software industry. With a P/E ratio of 54.14, below the industry average, Autodesk appears undervalued. However, its high P/B ratio of 33.13 suggests overvaluation based on book value. Its P/S ratio of 9.3 indicates potential undervaluation based on sales. Autodesk's ROE of 17.93% is above the industry average, showing profitability and growth potential. The company's EBITDA and gross profit are below the industry average, indicating potential challenges. Revenue growth at 10.47% is also below the industry average. Autodesk's moderate D/E ratio of 1.79 suggests a balanced financial structure.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 4:00 pm

SNX

JP Morgan analyst Joseph Cardoso has downgraded TD Synnex (NYSE:SNX) from Overweight to Neutral while slightly increasing the price target from $112 to $113.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 3:57 pm

PEB

B of A Securities analyst Shaun Kelley has downgraded Pebblebrook Hotel (NYSE:PEB) from Neutral to Underperform and set a price target of $13.5. This downgrade reflects a negative outlook on the stock's performance.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 3:54 pm

TLYS

Tilly's, Inc (NYSE:TLYS) reported a 7.4% decline in holiday sales, with a 9.0% decrease in total comparable net sales. Physical store sales dropped by 12.3%, while e-commerce sales saw a slight increase of 1.6%. The company revised its Q4 FY23 EPS loss forecast to $(0.20) - $(0.24) from $(0.12) - $(0.20) and lowered its Q4 sales outlook to $169 million - $172 million from $172 million - $178 million. Tilly's stock price fell by 2.05% to $7.17.

Portfolio Pulse from Shivani Kumaresan

January 08, 2024 | 3:53 pm

APLE

B of A Securities analyst Shaun Kelley has downgraded Apple Hospitality REIT (NYSE:APLE) from Buy to Neutral and reduced the price target from $19 to $18.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 3:53 pm

CVS

At the 42nd Annual J.P. Morgan Healthcare Conference, a CVS Health executive stated that the company anticipates improving Medicare margins starting in 2025, which is expected to contribute an additional 3%-4% to adjusted EPS growth in that year.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 3:52 pm

TWLO

Twilio's stock is trading higher following the announcement of a CEO transition and the company's expectation to surpass its Q4 and full-year 2023 guidance.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 3:49 pm

EFA

PXF

VEA

VXUS

The Vanguard FTSE Developed Markets ETF (VEA) has formed a Golden Cross on its technical chart, suggesting a bullish trend for developed markets outside the U.S. VEA, which tracks the FTSE Developed ex-U.S. All Cap Net Tax Index, is primarily invested in Europe, Japan, and Australia, with a significant allocation to large-cap stocks, especially in the financial sector. It is more cost-efficient and has a broader portfolio than the iShares MSCI EAFE ETF (EFA). Alternatives to VEA include the Vanguard Total International Stock ETF (VXUS) and the Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF). Wells Fargo favors developed-market equities over emerging-market equities, with a year-end 2024 target for the MSCI EAFE Index.

Portfolio Pulse from Surbhi Jain

January 08, 2024 | 3:49 pm

APA

BKR

CNQ

COP

EOG

EQNR

HAL

MRO

OVV

PBR

PXD

SLB

XOM

Energy stocks are trading lower following a drop in oil prices due to Saudi Arabia's decision to reduce February crude oil export prices.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 3:48 pm

CSCO

Melius Research analyst Ben Reitzes downgraded Cisco Systems (NASDAQ:CSCO) from Buy to Hold and set a price target of $55.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 3:45 pm