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ZM

Zoom Video Communications Inc (NASDAQ:ZM) reported upbeat fiscal third-quarter results but shares continued to slide. Analysts from Mizuho Securities, Benchmark, Goldman Sachs, Needham, Oppenheimer, and KeyBanc Capital Markets provided mixed outlooks. Some see potential for growth re-acceleration through product diversification, while others remain cautious due to macro challenges and competition. Price targets range from $70 to $100, with ratings varying from Buy to Hold and Perform.

Portfolio Pulse from Priya Nigam

November 21, 2023 | 4:08 pm

ITB

XLRE

Morgan Stanley predicts a 3-5% drop in home prices in 2024, indicating a shift towards more affordable housing as mortgage rates ease. Freddie Mac reports the average 30-year fixed mortgage rate at 7.44%. Homeowners' reluctance to sell low-rate mortgages has led to the least affordable market since the 1980s. Goldman Sachs expects a modest 3% price drop by end of 2024. Real estate stocks, including REITs, have seen a positive trend in November, with the Real Estate Select Sector SPDR Fund (XLRE) up nearly 10%, and the U.S. iShares Home Construction ETF (ITB) up nearly 19%.

Portfolio Pulse from Piero Cingari

November 21, 2023 | 4:06 pm

CME

CME Group Inc (NASDAQ:CME) is analyzed in comparison to its competitors in the Capital Markets industry. The analysis includes financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. CME Group, with its strong market position and growth prospects, shows potential for growth at a reasonable price, with a P/E ratio below the industry average. However, its P/S ratio suggests potential overvaluation relative to sales. The company's lower ROE indicates possible inefficiency in profit generation, but its higher EBITDA and gross profit suggest strong profitability and cash flow. CME Group's revenue growth surpasses the industry average, indicating market share gains. The company also has a lower debt-to-equity ratio compared to its top 4 peers, suggesting a strong financial position.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:00 pm

RCEL

Over the last quarter, AVITA Medical (NASDAQ:RCEL) received four somewhat bullish analyst ratings with no bearish or indifferent ratings. The 12-month price targets for RCEL suggest an average target of $22.75, with a high of $26.00 and a low of $19.00. This average is a slight decrease from the previous target of $23.00. Analysts rate stocks typically once per quarter based on various research methods and their ratings reflect their opinions on the stock's potential.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:00 pm

ABNB

Airbnb (NASDAQ:ABNB) is evaluated against its peers in the Hotels, Restaurants & Leisure industry. With a P/E ratio of 15.78, P/B ratio of 9.11, and P/S ratio of 9.01, Airbnb is potentially undervalued based on earnings and book value but could be overvalued relative to sales. Its ROE of 12.56% is below the industry average, indicating possible inefficiency. However, Airbnb's EBITDA of $1.69 billion and gross profit of $2.94 billion are significantly above the industry average, showing strong profitability. The company's revenue growth of 18.06% is lower than the industry average. Airbnb's lower debt-to-equity ratio of 0.46 suggests a healthier balance between debt and equity.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:00 pm

ELP

Cia Paranaense De Energia (NYSE:ELP) has seen a 16.33% decrease in short interest since its last report, with 1.37 million shares sold short, representing 0.41% of available shares. The average time to cover these short positions is 2.73 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. ELP has a lower short interest compared to its peer group average of 2.28%.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:00 pm

V

Over the past 15 years, Visa (NYSE:V) has delivered an average annual return of 21.84%, outperforming the market by 10.39%. A $1000 investment in Visa 15 years ago would now be worth $20,316.58. Visa's current market capitalization stands at $512.31 billion.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:00 pm

IBM

IBM's short interest has decreased by 10.69% since the last report, with 25.94 million shares sold short, representing 2.84% of available shares. The short interest is above the peer group average of 2.28%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:00 pm

EFX

Over the past 10 years, Equifax (NYSE:EFX) has delivered an average annual return of 11.96%, outperforming the market by 2.35% on an annualized basis. A $100 investment in EFX a decade ago would be worth $307.79 today. Equifax currently has a market cap of $25.82 billion.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:00 pm

BLK

BlackRock (NYSE:BLK) has seen a 13.45% decrease in short interest since its last report, with 1.51 million shares sold short, representing 1.03% of available shares. The average time to cover these short positions is 2.28 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. BlackRock's short interest is below its peer group average of 3.23%.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:00 pm