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CDNS

The article provides an in-depth competitor analysis of Cadence Design Systems (CDNS) against its peers in the Software industry. It evaluates financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. CDNS shows potential undervaluation based on its P/E ratio, which is lower than the industry average. However, its P/B and P/S ratios suggest overvaluation. CDNS's ROE, EBITDA, and gross profit are below the industry average, indicating possible inefficiencies or challenges. Its revenue growth outperforms the industry, and it has a favorable debt-to-equity ratio compared to its top 4 peers.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 4:00 pm

CLS

Celestica (NYSE:CLS) has received 4 analyst ratings in the last quarter, with 1 bullish and 3 somewhat bullish, and no indifferent, somewhat bearish, or bearish ratings. The average price target is $28.5, representing an upside from the current price of $27.88. This target has increased by 14.0% from the previous target of $25.00. Analysts typically review stocks each quarter and may adjust their ratings based on financial analysis and company performance.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 4:00 pm

ARM

ARM Holdings (NASDAQ:ARM) is analyzed against competitors in the Semiconductors & Semiconductor Equipment industry. ARM's financial metrics show a high P/E, P/B, and P/S ratios, indicating a premium stock price. However, its ROE is negative, and EBITDA is lower than the industry average, suggesting potential inefficiencies. ARM's revenue growth outperforms the industry, and its low debt-to-equity ratio indicates a strong financial position with less reliance on debt.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 4:00 pm

WOOF

Analyst ratings for Petco Health and Wellness (NASDAQ:WOOF) over the last quarter show 2 bullish, 2 somewhat bullish, and 1 indifferent rating. The average price target is $5.2, representing an upside from the current price of $2.74 but a 17.46% decrease from the previous target of $6.30. Analysts use various data sources to provide guidance on stock performance.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 4:00 pm

CYCC

Cyclacel Pharmaceuticals' stock is trading higher following the announcement that the company has regained compliance with Nasdaq listing requirements.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 3:56 pm

FEBO

Shares of Fenbo Holdings were resumed for trading and then immediately halted due to a circuit breaker being triggered on the downside. This indicates a sharp decline in the stock price, activating market mechanisms designed to prevent panic selling.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 3:55 pm

GDDY

B. Riley Securities analyst Naved Khan has reaffirmed a Buy rating on GoDaddy (NYSE:GDDY) and increased the price target from $107 to $115, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 3:55 pm

KR

Kroger Company (NYSE:KR) reported a slight decline in Q3 FY23 sales by 0.7% to $33.96 billion, narrowly surpassing estimates. Identical sales without fuel dipped by 0.6%, while adjusted EPS of $0.95 exceeded expectations. Gross margin remained at 22%, with a slight increase in FIFO gross margin rate excluding fuel. Operating expenses rose by 1.1%, but operating margin improved, leading to an 8.4% increase in operating income. Kroger has $1.725 billion in cash and a net debt of $11.3 billion. The company raised the lower end of its full-year adjusted EPS guidance and revised its full-year identical sales outlook due to economic pressures and food-at-home disinflation. KR shares rose by 1.99% to $44.51.

Portfolio Pulse from Shivani Kumaresan

November 30, 2023 | 3:55 pm

AAPL

Apple Inc (AAPL) is considering ending its credit card and savings account partnership with Goldman Sachs due to disagreements over marketing strategies. Despite a recent 14% rise from its October low, Apple's stock has been stagnant since Thanksgiving, with $189 acting as support. If weakness continues, the stock could drop to the next support level at $182. The stock closed at $189.37, down 0.54% after the closing bell on November 29.

Portfolio Pulse from Zaheer Anwari

November 30, 2023 | 3:54 pm

QNST

QuinStreet, Inc. (QNST) shares have risen following an upgrade from B. Riley Securities, which changed its rating from Neutral to Buy and increased the price target from $11 to $19.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 3:52 pm