Streetbeat News

Stock Prices

GNE

Genie Energy reported a year-over-year increase in Q3 revenue results and raised its FY23 adjusted EBITDA guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 4:04 pm

THS

TreeHouse Foods Inc's shares fell by 8% after the company reported Q3 FY23 results. Sales from continuing operations grew 3.6% Y/Y to $863.3 million, missing the consensus of $947.3 million. Adjusted net sales stood at $906.6 million, below the guidance range of $950 million to $970 million, impacted by a product recall and supply chain disruption. Adjusted EPS of $0.50 missed the consensus estimate of $0.53. The company bought back shares worth $50 million in Q3.

Portfolio Pulse from Lekha Gupta

November 06, 2023 | 4:03 pm

TVTX

Travere Therapeutics (NASDAQ:TVTX) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an EPS of $-0.05. The company's past performance shows a pattern of beating EPS estimates but this has not always led to a positive impact on the share price. The stock is currently trading at $6.97, down 68.35% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:02 pm

ASC

Ardmore Shipping (NYSE:ASC) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an EPS of $0.41. The company's past performance shows a pattern of beating EPS estimates, but this has not always led to a positive impact on the share price. The stock is currently trading at $13.66, down 2.33% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:02 pm

INDP

Indaptus Therapeutics announced interim data from the first cohort of four patients in the Phase 1 INDP-D101 trial of its lead compound, Decoy20, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 4:02 pm

OXY

Occidental Petroleum (NYSE:OXY) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $0.86. The company's past performance shows a pattern of EPS misses and subsequent share price changes. The stock is currently trading at $63.01, down 16.56% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:01 pm

PRU

A significant bearish stance has been taken on Prudential Financial (NYSE:PRU) by a large investor or institution, as indicated by a large position in options. The overall sentiment of these big-money traders is split between 35% bullish and 64% bearish. The whales have been targeting a price range from $90.0 to $97.5 for Prudential Financial over the last 3 months. Morgan Stanley has maintained their Equal-Weight rating on Prudential Financial, with a price target of $103.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:01 pm

FLYW

Flywire (NASDAQ:FLYW) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an EPS of $0.10. The company's past performance shows a pattern of share price increase following earnings reports, even when EPS estimates were missed. The stock is currently trading at $28.47, up 51.74% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:01 pm

UBER

A significant investor has taken a bearish stance on Uber Technologies (NYSE:UBER), with 56% of the investors opening trades with bearish expectations. The whales have been targeting a price range from $35.0 to $60.0 for Uber over the last 3 months. Seaport Global downgraded its action to Buy with a price target of $51, while Keybanc upgraded its action to Overweight with a price target of $60. The price of UBER is up 0.48% at $47.98.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:01 pm

CVX

A whale investor has taken a bullish stance on Chevron (NYSE:CVX), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $130.0 to $175.0 for Chevron over the last 3 months. Chevron's current price is up 0.76% at $148.73. RBC Capital, Morgan Stanley, Raymond James, Bernstein, and B of A Securities have all given positive ratings and price targets for Chevron.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:01 pm