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PAYC

Paycom Software's shares dropped following the company's announcement of Q1 total revenue guidance that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:41 pm

DIS

Walt Disney Co (DIS) shares are up following Q1 financial results and a new partnership announcement. Post-earnings, several analysts have revised their ratings and price targets for DIS.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:41 pm

CIVB

Civista Bancshares (CIVB) reported Q4 2023 earnings of $0.62 per share, surpassing the $0.58 estimate. However, their sales of $38.88M fell short of the $39.51M estimate, marking an 8.81% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:38 pm

ARM

Arm shares surged following the announcement of Q3 financial results that exceeded expectations. The company also provided optimistic Q4 and FY24 adjusted EPS and revenue guidance, surpassing analysts' forecasts.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:37 pm

LIVE

Live Ventures shares are trading higher following the announcement of first-quarter financial revenue that exceeded estimates.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:35 pm

CFLT

Confluent, Inc. (NASDAQ:CFLT) reported Q4 financial results surpassing estimates with revenue of $213.18 million and adjusted earnings of 9 cents per share. Subscription and cloud revenues saw significant increases. The company provided optimistic guidance for Q1 and full-year 2024, expecting continued revenue growth and an adjusted operating margin of approximately flat. Following the report, Confluent shares rose 3.5%. Analysts from Needham and Wells Fargo raised their price targets on Confluent, reflecting positive outlooks.

Portfolio Pulse from Avi Kapoor

February 08, 2024 | 1:33 pm

BBY

CBRL

WEN

Wall Street's most accurate analysts have provided updates on three high-yield dividend stocks in the consumer discretionary sector: Cracker Barrel Old Country Store, Inc. (CBRL), The Wendy's Company (WEN), and Best Buy Co., Inc. (BBY). These updates include changes in price targets and ratings, reflecting recent financial results and management changes.

Portfolio Pulse from Avi Kapoor

February 08, 2024 | 1:27 pm

GPRO

Wedbush analyst Alicia Reese downgraded GoPro (NASDAQ:GPRO) from Outperform to Neutral and reduced the price target from $4 to $2, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:25 pm

NAVI

NYCB

PEBO

STEL

TSBK

The article highlights the top 5 financial stocks considered oversold based on their Relative Strength Index (RSI), suggesting potential for gains in Q1. These include New York Community Bancorp, Peoples Bancorp, Timberland Bancorp, Stellar Bancorp, and Navient Corporation, each with recent financial results and stock performance updates.

Portfolio Pulse from Avi Kapoor

February 08, 2024 | 1:21 pm

ASMB

Assembly Biosciences, Inc. (NASDAQ:ASMB) announced a 1-for-12 reverse stock split effective February 9, 2024, with trading on a split-adjusted basis starting February 12, 2024. This action aims to comply with Nasdaq's minimum bid price requirement, reducing outstanding shares from 65.8 million to approximately 5.5 million. The reverse stock split was approved by stockholders and the board following a special meeting on January 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:20 pm