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FELE

Franklin Electric has projected its FY23 sales to be between $2.05B and $2.15B, which is lower than the estimated $2.16B. The company also expects its FY23 EPS to be between $4.07 and $4.17, lower than the estimated $4.29.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 12:06 pm

FELE

Franklin Electric (NASDAQ:FELE) reported Q3 earnings of $1.23 per share, missing the analyst consensus estimate of $1.29 by 4.65%. This is a 0.81% decrease from the same period last year. The company also reported quarterly sales of $538.40 million, missing the analyst consensus estimate of $581.57 million by 7.42%. This is a 2.41% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 12:04 pm

ITW

Illinois Tool Works (NYSE:ITW) reported Q3 earnings of $2.55 per share, beating the analyst consensus estimate of $2.46 by 3.66%. This is an 8.51% increase from the same period last year. However, the company's quarterly sales of $4.03 billion missed the analyst consensus estimate of $4.09 billion by 1.47%.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 12:01 pm

BBIO

Analysts have provided bullish ratings for BridgeBio Pharma (NASDAQ:BBIO) in the last quarter. In the last 3 months, 4 analysts have offered 12-month price targets for BridgeBio Pharma with an average price target of $52.0, an increase of 13.04% from the previous average price target of $46.00.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 12:01 pm

BTCUSD

QQQ

UBER

XLP

On CNBC's 'Halftime Report Final Trades', Liz Young of BNY Mellon Investment Management recommended Consumer Staples Select Sector SPDR Fund (XLP), Joseph Terranova of Virtus Investment Partners picked Uber Technologies (UBER), Anastasia Amoroso is buying shares of Invesco QQQ Trust (QQQ), and Stephen Weiss of Short Hills Capital Partners named Bitcoin (BTC) as his final trade. Uber is set to report its Q3 financial results on Nov. 7, 2023. Invesco QQQ Trust and Uber shares rose, while XLP fell.

Portfolio Pulse from Lisa Levin

October 24, 2023 | 12:01 pm

CUBE

In the last quarter, CubeSmart (NYSE:CUBE) received 1 bullish, 2 somewhat bullish, and 3 indifferent analyst ratings. Over the past 3 months, 6 analysts have offered 12-month price targets for CubeSmart, with an average price target of $45.5, a decrease of 7.61% from the previous average price target of $49.25.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 12:01 pm

ASO

Academy Sports (NASDAQ:ASO) has received mostly bullish ratings from analysts in the last quarter, with an average price target of $65.73, up 3.68% from the previous average of $63.40. The ratings are based on predictions of the company's future earnings and revenue streams.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 12:00 pm

CABA

Over the last quarter, Cabaletta Bio (NASDAQ:CABA) has received 7 bullish analyst ratings, with an average 12-month price target of $28.57, a significant increase from the previous average of $14.50. No bearish or indifferent ratings were observed.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 12:00 pm

IR

Ingersoll Rand (NYSE:IR) has received mostly bullish ratings from analysts in the last quarter, with 2 bullish and 3 somewhat bullish ratings. The average 12-month price target for the company has increased by 6.97% from the previous average, now standing at $73.17.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 12:00 pm

BTCUSD

GBTC

Peter Schiff, a gold investor, has warned that the current Bitcoin rally could peak if the Grayscale Bitcoin Trust (GBTC) is approved to convert into an ETF by the SEC. He suggests that a potential selloff could occur if this conversion takes place. This comes as the SEC and Grayscale's dispute over the approval of a spot bitcoin ETF has concluded, with the D.C. Circuit Court of Appeals directing the SEC to abandon its rejection of Grayscale's application.

Portfolio Pulse from Mehab Qureshi

October 24, 2023 | 12:00 pm