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CALM

Cal-Maine Foods (NASDAQ:CALM) is set to announce its quarterly earnings on 2024-04-02, with analysts expecting an EPS of $2.46. The company's past performance shows a mix of misses and beats against EPS estimates, influencing stock price movements. Shares are currently trading at $58.85, up 3.66% over the last 52 weeks. Investors are hopeful for positive news and guidance.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 6:05 pm

FDX

UPS

UPS has secured a contract to become the primary air cargo provider for the USPS, ending FedEx's 20-year partnership. This deal marks a significant win for UPS, potentially boosting its market position and revenue streams. Over the past year, UPS's stock declined by 20.97%, while FedEx's stock increased by 25.34%. Analysts predict a potential upside of 7.18% for UPS and 11.2% for FedEx, despite UPS having a slightly higher forward P/E ratio of 15.31 compared to FedEx's 13.24.

Portfolio Pulse from Surbhi Jain

April 01, 2024 | 6:03 pm

LTCUSD

Litecoin (CRYPTO: LTC) experienced a significant drop of 10.9% to $97.91, largely due to a 3% decrease in Bitcoin's value. Bitcoin's market movements often influence the broader cryptocurrency market, including Litecoin, due to its dominant market position. Litecoin, often considered the 'silver' to Bitcoin's 'gold', sees its value proposition and investor demand decrease when Bitcoin's price falls.

Portfolio Pulse from Henry Khederian

April 01, 2024 | 6:01 pm

AMC

AMC Entertainment Holdings, Inc. (NYSE:AMC) shares are trading lower due to a $250 million stock offering announced last week, intended to improve liquidity and manage debt. The offering comes as AMC seeks recovery from strikes that increased cash burn. Shares hit a new low of $3.26, with trading volume significantly above the 100-day average. Wall Street views AMC as Neutral, with expectations of a 20% fall in the coming year. Despite a revenue increase of 11.41% over the past year, the stock has fallen 45.45% in the past three months.

Portfolio Pulse from Erica Kollmann

April 01, 2024 | 6:01 pm

ENPH

Enphase Energy (NASDAQ:ENPH) has significantly outperformed the market with an annualized return of 51.95% over the past 5 years, turning a $1000 investment into $12,459.45. The company now has a market capitalization of $16.47 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 6:00 pm

CSGP

Over the past 15 years, CoStar Gr (NASDAQ:CSGP) has produced an average annual return of 25.45%, outperforming the market by 12.28% annually. With a current market capitalization of $38.68 billion, a $1000 investment in CSGP 15 years ago would now be worth $29,093.70. This highlights the significant impact of compounded returns on cash growth over time.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 6:00 pm

LAD

Lithia Motors (NYSE:LAD) has seen a 5.91% increase in its short percent of float since the last report, reaching 10.94% of all shares available for trading. With 2.65 million shares sold short, it would take about 12.01 days to cover these positions. This rise in short interest indicates a more bearish market sentiment towards LAD, although it's not a definitive predictor of a price drop. Compared to its peers, LAD has a lower short interest percentage, suggesting a relatively better sentiment towards it in its industry.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 6:00 pm

CGC

Canopy Growth Corporation (NASDAQ:CGC) shares fell after ISS recommended shareholders vote to approve exchangeable shares for Canopy USA advancement. This move aims to accelerate Canopy's entry into the U.S. cannabis market. Despite a recent surge due to optimism over German cannabis regulations and potential U.S. rescheduling, a Senate committee's letter to the DEA could impact future rescheduling efforts. Canopy's stock has seen a significant decline over the past 5 years, with a forecast suggesting a potential future price of $0.16.

Portfolio Pulse from Erica Kollmann

April 01, 2024 | 6:00 pm

WSC

WillScot Mobile Mini (NASDAQ:WSC) has received mixed analyst ratings over the last three months, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target among analysts is $53.14, slightly down from the previous average. The company specializes in flexible workspace and portable storage solutions, showing solid financial performance with a 3.7% revenue growth rate and a notable net margin of 14.1%. However, it faces challenges with a high debt-to-equity ratio of 3.01.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 6:00 pm

GIII

G-III Apparel Group's (NYSE:GIII) short interest has decreased by 5.64% since the last report, with 4.86 million shares sold short, representing 17.58% of its float. It would take about 4.51 days to cover all short positions. This decline in short interest could indicate a more bullish sentiment towards GIII compared to its peers, where the average short interest as a percentage of float is 7.33%.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 6:00 pm