Streetbeat News

Stock Prices

CVI

CVR Energy (NYSE:CVI) reported Q3 adjusted earnings of $1.89 per share, missing the analyst consensus estimate of $1.93 by 2.07%. This is a 0.53% decrease from the same period last year. However, the company's quarterly sales of $2.52 billion beat the analyst consensus estimate of $2.38 billion by 5.97%, despite being a 6.56% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:49 pm

DLPN

Dolphin Entertainment Inc has filed for an offering of common stock. The size of the offering has not been disclosed yet, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:48 pm

HMST

HomeStreet (NASDAQ:HMST) reported Q3 2023 earnings of $0.12 per share, beating the analyst consensus estimate of $0.05 by 140%. However, this is a 88.89% decrease from the same period last year. The company's quarterly sales of $49.38 million missed the analyst consensus estimate of $52.92 million by 6.70%, marking a 35.32% decrease from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

October 30, 2023 | 8:48 pm

BSVN

Bank7 Corp. (NASDAQ:BSVN) has announced a renewal of its existing stock repurchase program for a term of two years. The plan allows for the purchase of up to 750,000 shares of the company's outstanding common stock. The shares may be repurchased in open market transactions, privately negotiated transactions, or by other means in accordance with federal securities laws. Repurchased shares will become treasury shares and may be used for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:47 pm

ORGS

Orgenesis has announced a proposed underwritten public offering, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:47 pm

SBUX

A significant bullish stance on Starbucks (NASDAQ:SBUX) has been observed in recent unusual options activity. The overall sentiment of these big-money traders is split between 60% bullish and 39% bearish. Whales have been targeting a price range from $75.0 to $115.0 for Starbucks over the last 3 months. Barclays, Citigroup, Deutsche Bank, UBS, and Morgan Stanley have maintained their ratings on Starbucks with price targets ranging from $100 to $118.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 8:45 pm

WDC

Western Digital has announced a proposed $1.3 billion convertible notes offering, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:45 pm

CRWD

A significant bearish stance has been taken on CrowdStrike Holdings (NASDAQ:CRWD) by a large investor, as observed from publicly available options history. The overall sentiment of these big-money traders is split between 38% bullish and 61% bearish. The whales have been targeting a price range from $100.0 to $200.0 for CrowdStrike Holdings over the last 3 months. The price of CRWD is up 1.04% at $174.61. Jefferies upgraded its action to Buy with a price target of $225, Argus Research downgraded its action to Buy with a price target of $220, and JMP Securities downgraded its action to Market Outperform with a price target of $235.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 8:45 pm

TREX

Trex Company Inc. projects its Q4 revenues to be between $185M-$195M. This projection reflects both seasonally low demand and the expectation that year-end channel inventories will be below year-end 2022.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:45 pm

MPWR

Monolithic Power Systems reported Q3 financial results, issued Q4 guidance, and announced a $640 million stock repurchase program. This has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:44 pm