Streetbeat News

Stock Prices

DG

Dollar General has updated its FY 2023 guidance, expecting a negative impact of approximately 4% points on its diluted EPS. The company also anticipates a decline in same-store sales growth, ranging from 1.0% to 0.0%.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:20 pm

SGH

SMART Global Holdings (SGH) reported worse-than-expected Q4 financial results and issued Q1 EPS and revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:19 pm

RLAY

Relay Therapeutics announced initial clinical data for RLY-4008 in patients with FGFR2-altered solid tumors, which led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:17 pm

KVUE

Benzinga's options scanner detected over 11 options trades for Kenvue (NYSE:KVUE) totaling $664,629. Whales have been targeting a price range from $19.0 to $22.5 for Kenvue over the last 3 months. The price of KVUE is currently down -1.28% at $19.32. JP Morgan and Goldman Sachs have maintained their Overweight and Buy ratings on Kenvue, respectively, with a price target of $26.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 8:15 pm

CMTL

Comtech Telecom reported Q4 sales of $148.80 million, beating the analyst consensus estimate of $140.13 million by 6.19 percent. This represents a 17.18 percent increase over sales of $126.98 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:14 pm

CHWY

Chewy, Inc. (NYSE:CHWY) shares traded lower due to overall market weakness amid a rise in Treasury yields following CPI data. The CPI rose by 3.7% year-on-year, exceeding the expected figure of 3.6%. This created a risk-averse sentiment in investors, impacting Chewy's stock. The company's stock is trading near its all-time low.

Portfolio Pulse from Ryan Gustafson

October 12, 2023 | 8:14 pm

GRPN

Roth Capital has initiated a 'Buy' rating on Groupon with a target price of $30, suggesting that the company, which was a casualty of the COVID-19 pandemic, is now seen as a refuge during the recession.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:13 pm

SGH

SMART Global Holdings (SGH) has provided its Q1 2024 financial outlook, expecting EPS of $0.15 +/- $0.15, lower than the estimated $0.40. The company also anticipates revenue of $275M +/- $25M, which is significantly less than the estimated $383.44M.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:10 pm

SGH

SMART Global Holdings (NASDAQ:SGH) reported Q4 earnings of $0.35 per share, missing the analyst consensus estimate of $0.45 by 22.22%. This is a 56.25% decrease from the same period last year. The company also reported quarterly sales of $316.66 million, missing the analyst consensus estimate of $375.04 million by 15.57%. This is a 27.65% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:07 pm

NVEI

Nuvei (NASDAQ:NVEI) has received various analyst ratings in the last quarter, with 1 bullish, 4 somewhat bullish, and 3 indifferent. The average price target is $26.38, compared to its current price of $16.24, implying an upside. However, this average represents a 40.21% decrease from the previous average price target of $44.12.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 8:00 pm