Streetbeat News

Stock Prices

JPM

JPMorgan Chase (NYSE:JPM) is set to release its latest quarterly earnings report on October 13, 2023. Analysts estimate an earnings per share (EPS) of $3.90. The company's past performance shows it beat EPS estimates last quarter, which was followed by a 0.0% drop in share price. JPMorgan Chase's shares were trading at $146.15 as of October 11, with a 31.36% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 4:00 pm

Analysts have provided various ratings for Procter & Gamble (NYSE:PG) over the last quarter, with the majority being bullish or somewhat bullish. The average price target is $169.1, indicating an upside from the current price of $142.72. This average price target has increased by 0.99% over the past month.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 4:00 pm

ADSK

The article provides an in-depth analysis of Autodesk (NASDAQ:ADSK) and its competitors in the software industry. Autodesk's P/E ratio is significantly below the industry average, suggesting undervaluation. However, its P/B ratio is elevated, indicating potential overvaluation based on book value. The company's P/S ratio is relatively low, suggesting undervaluation based on sales performance. Autodesk's ROE is above the industry average, indicating efficient use of equity. However, its EBITDA and gross profit are lower than the industry average, suggesting potential financial challenges. The company's revenue growth is also lower than the industry average.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 4:00 pm

PLUG

Analysts have provided various ratings for Plug Power (NASDAQ:PLUG) within the last quarter, with 3 bullish, 3 somewhat bullish, and 7 indifferent. The average price target of these 13 analysts is $16.1, implying an upside from the current price of $7.445. This average has increased by 25.39% from the previous average price target of $12.84.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 4:00 pm

WFC

Wells Fargo (NYSE:WFC) is set to release its quarterly earnings report on Friday, 2023-10-13, with an estimated EPS of $1.22. The company's past performance shows a trend of beating EPS estimates but this has not always led to a positive impact on the share price. The stock is currently trading at $39.69, down 8.23% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 4:00 pm

CVNA

Carvana Co (NYSE:CVNA) shares are trading lower following a downgrade from Exane BNP Paribas analyst Chris Bottiglieri. The company's stock has surged more than 600% year-to-date. The downgrade comes after competitor Shift Technologies filed for bankruptcy. Carvana had also faced financing concerns and potential bankruptcy at the end of 2022 before staging a turnaround. The company has cut losses and beat analyst expectations over the last two quarters.

Portfolio Pulse from Adam Eckert

October 12, 2023 | 3:59 pm

SECO

Secoo Holding Limited (NASDAQ:SECO) shares surged over 450% on heavy trading volume, with more than 43 million shares traded in the session, far exceeding the stock's 100-day average of less than 368 thousand shares. The stock has attracted attention from retail investors and short-sellers, with 9.2% of SECO shares being sold short.

Portfolio Pulse from Erica Kollmann

October 12, 2023 | 3:59 pm

ACGBF

BABA

BACHY

BYDDY

CICHY

CTRYF

EVGRF

IDCBY

NIO

TCEHY

XPEV

China's state-owned fund Central Huijin Investment Ltd. has bought $65.7 million in shares of Bank of China Ltd., China Construction Bank Corp, Agricultural Bank of China Ltd., and Industrial & Commercial Bank of China Ltd., raising its stake in each bank by ten basis points. The fund plans to continue these purchases over the next 6 months. Meanwhile, property developer stocks fell due to gloomy data from the Hong Kong home market, and EV stocks rose on positive sentiment. The report also mentioned that Chinese companies are gradually returning to list on US exchanges, albeit at a slower pace.

Portfolio Pulse from Daniel Harrison

October 12, 2023 | 3:54 pm

DPZ

ETWO

FAST

SRRK

VSAT

WBA

Several US stocks recorded gains in Thursday's trading session. LL Flooring surged 35% after Live Ventures proposed to acquire it for $5.85 per share. Scholar Rock surged 28.8% after pricing an upsized $85 million public offering. E2open shares gained 17.5% despite falling 50% on Wednesday due to Q2 financial results. Viasat rose 9.7% after issuing an interim update on VS-3 F1 satellite status. Cerevel Therapeutics gained 7.3% after pricing an underwritten public offering. Fastenal climbed 7% after reporting mixed Q3 financial results. Walgreens rose 4.8% after Q4 sales increased 9.2% Y/Y. Domino's Pizza gained 1.08% after reporting better-than-expected Q3 EPS results.

Portfolio Pulse from Lisa Levin

October 12, 2023 | 3:52 pm

A significant amount of unusual options activity has been detected for Coca-Cola (NYSE:KO), with an equal split between bullish and bearish expectations. The trades include 5 puts totaling $400,610 and 5 calls totaling $183,392. Whales have been targeting a price range from $42.5 to $65.0 for Coca-Cola over the last 3 months. Citigroup maintains a Buy rating on Coca-Cola with a price target of $65.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 3:45 pm