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HITI

High Tide Inc. (NASDAQ:HITI) is expanding its international brand portfolio by acquiring the Queen of Bud brand, including all IP and trademarks. The deal, valued at $1 million, includes a cash payment and common shares of High Tide. Queen of Bud's founder, Ashley Newman, will become a global brand ambassador. This acquisition adds to High Tide's extensive brand roster and is expected to deliver significant value to shareholders.

Portfolio Pulse from Jelena Martinovic

March 15, 2024 | 2:05 pm

WSM

Williams-Sonoma, Inc. (NYSE:WSM) reported strong fourth quarter earnings, surpassing expectations with higher margins and positive guidance for 2024. Goldman Sachs analyst Kate McShane upgraded WSM from Sell to Neutral and increased the price target from $154 to $263, citing the company's effective management of promotions, freight costs, and supply chain improvements. Despite expecting another year of negative comps in FY24, WSM is anticipated to maintain its current operating margin.

Portfolio Pulse from Priya Nigam

March 15, 2024 | 2:02 pm

ULTA

Ulta Beauty's stock is trading lower after the company reported its fourth-quarter earnings.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 2:02 pm

OCFT

OneConnect Financial Tech (NYSE:OCFT) is scheduled to release its quarterly earnings report on March 18, 2024, with analysts expecting an EPS of $-1.62. The company's past earnings performance shows mixed results, with the last quarter missing EPS estimates by $0.34 but resulting in a 5.61% share price increase the following day. Over the last year, OCFT shares have declined by 53.96%, indicating a bearish outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 2:01 pm

RAIL

FreightCar America (NASDAQ:RAIL) is scheduled to release its quarterly earnings report on March 18, 2024, with an estimated EPS of $-0.01. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for the next quarter. The company's past earnings performance shows a pattern of not meeting EPS estimates, leading to significant price changes. Shares of FreightCar America have been trading at $3.16 as of March 14, reflecting a 2.75% decrease over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 2:01 pm

RFIL

RF Industries (NASDAQ:RFIL) is scheduled to release its quarterly earnings report on March 18, 2024, with analysts expecting an EPS of $-0.06. The company's past earnings performance shows mixed results, with the last quarter beating estimates by $0.03 and a subsequent 1.66% increase in share price. However, over the last 52 weeks, RFIL shares have declined by 28.4%, indicating a bearish outlook among long-term shareholders. Investors will be keen on the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 2:01 pm

FIVE

Six analysts have recently shared their views on Five Below (NASDAQ:FIVE), with a majority being somewhat bullish. The average 12-month price target for FIVE is now $227.17, up from $224.20. Analyst actions include maintaining, raising, and lowering ratings and price targets, reflecting their reaction to market conditions and company performance. Five Below, a value-oriented retailer, has shown strong financial performance with a revenue growth rate of 14.17% and exceeds industry averages in market capitalization, net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 2:01 pm

ACXP

Acurx Pharmaceuticals (NASDAQ:ACXP) is scheduled to release its quarterly earnings report on March 18, 2024, with analysts expecting an EPS of $-0.26. The company's past earnings performance shows a pattern of beating EPS estimates, which has occasionally led to positive stock price movements the following day. However, the stock has experienced a 7.19% decline over the last 52 weeks, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 2:01 pm

ZEPP

Zepp Health (NYSE:ZEPP) is scheduled to release its quarterly earnings report on March 18, 2024, with an estimated EPS of $0.04. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for the next quarter. Zepp Health's stock performance has been negative over the last year, with a 24.59% decline, and its past earnings have shown mixed results with some misses and a general negative impact on stock price post-earnings announcement.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 2:01 pm

SST

System1 (NYSE:SST) is scheduled to release its quarterly earnings report on March 18, 2024, with analysts expecting an EPS of $-0.33. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing subsequent share price drops. Shares are currently trading at $1.5, down 57.36% over the last year. Investors are looking for positive guidance for the next quarter, which could significantly impact the stock's performance.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 2:01 pm