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DPZ

Domino's Pizza Inc (NYSE:DPZ) reported a Q3 FY23 sales decline of 3.9% YoY to $1.03 billion, missing the analyst consensus of $1.05 billion. The decrease was primarily due to lower supply chain and U.S. Company-owned store revenues. Global retail sales increased 4.9%, excluding the positive impact of foreign currency. The company had a global net store decrease of 8 stores. EPS of $4.18 beat the analyst consensus estimate of $3.30. The company's Board of Directors declared a $1.21 per share quarterly dividend. In Q3, the company repurchased and retired 229,860 shares of common stock for a total of $90 million.

Portfolio Pulse from Shivani Kumaresan

October 12, 2023 | 12:13 pm

INMD

InMode Ltd. (NASDAQ: INMD) has announced its Q3 2023 earnings per share (EPS) to be between $0.59-$0.60, lower than the estimated $0.66. The company also expects its 2023 revenue to be between $122.8M-$123.0M, lower than the estimated $136.94M. Furthermore, InMode has lowered its full-year 2023 revenue guidance to $500M-$510M from the original estimates of $530M-$540M. The company attributes these changes to factors such as economic slowdown, slower purchase decisions, and constraints in financing of medical equipment.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:12 pm

SLNH

Soluna Holdings, Inc. (SLNH) has announced a 1-for-25 reverse stock split. This action is typically taken by companies to increase the market price of their shares.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:12 pm

LGVN

Longeveron Inc. (NASDAQ:LGVN) has announced a registered direct offering of 2,424,243 shares of its common stock at a price of $1.65 per share, priced at-the-market under Nasdaq rules. The company also plans to issue and sell unregistered Series A and B warrants to purchase up to an aggregate of 2,424,243 shares of its common stock. The gross proceeds from the offering are expected to be approximately $4 million, which will be used to fund the ongoing clinical and regulatory development of Lomecel-B™ and for capital expenditures, working capital and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:08 pm

SIDU

Sidus Space, Inc. (NASDAQ:SIDU) has announced a securities purchase agreement with institutional investors for the sale of 2,000 shares of its Series A Convertible Preferred Stock at $1,000 per share in a registered direct offering. Additionally, Sidus will issue unregistered warrants to purchase up to 19,700,552 shares of common stock in a concurrent private placement. The gross proceeds from the offering are expected to be approximately $2.0 million, which Sidus intends to use for working capital.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:02 pm

JKHY

In the last quarter, Jack Henry & Associates (NASDAQ:JKHY) received mixed analyst ratings, with 4 bullish, 1 somewhat bullish, 6 indifferent, and 1 bearish. The average 12-month price target for the company is $173.33, a decrease of 3.5% from the previous average of $179.62.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 12:00 pm

NDAQ

Over the past 3 months, 4 analysts have published their opinion on Nasdaq (NASDAQ:NDAQ) stock. The company has an average price target of $68.25, which has increased by 24.09% from the previous average price target of $55.00. Two analysts have given bullish ratings, while two have remained indifferent.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 12:00 pm

CDAY

Ceridian HCM Holding (NYSE:CDAY) has received 2 bullish and 3 indifferent analyst ratings in the last quarter. The average 12-month price target for the company, according to 5 analysts, is $77.2, with a high of $84.00 and a low of $73.00. This average price target has increased by 6.73% over the past month.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 12:00 pm

TGT

In the last quarter, Target (NYSE:TGT) has received a mix of bullish and indifferent ratings from 33 analysts. The average price target is $149.45, which is higher than the current price of $112.37. However, this average has decreased by 7.36% from the previous average price target of $161.33.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 12:00 pm

MTZ

Over the past three months, seven analysts have published their opinions on MasTec (NYSE:MTZ) stock, with six giving bullish or somewhat bullish ratings and one being indifferent. The average 12-month price target for the company is $115.0, representing an 8.59% decrease from the previous average price target of $125.80.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 12:00 pm