Streetbeat News

Stock Prices

WHR

Whirlpool Corporation (NYSE:WHR) reported Q4 2023 earnings of $3.85 per share, surpassing the consensus estimate of $3.56 by 8.15%. Quarterly sales were $5.09 billion, exceeding the $4.98 billion estimate by 2.08% and marking a 3.35% increase from $4.92 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 9:06 pm

TRNS

Transcat (NASDAQ:TRNS) reported Q3 earnings with an EPS of $0.56, surpassing the estimate of $0.35 by 60.0%. Revenue increased by $7.76 million compared to the same period last year. Despite beating EPS estimates last quarter, TRNS's share price fell by 3.48% the following day. The company has a history of surpassing EPS estimates in recent quarters.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 9:05 pm

SANM

Sanmina Corporation (NASDAQ:SANM) reported Q1 earnings with an EPS of $1.3, beating estimates by 6.56% but with a revenue decline from the previous year. Last quarter's EPS miss resulted in a 14.33% share price drop the following day. Historical earnings data shows fluctuating performance over the past four quarters.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 9:05 pm

SANM

Sanmina Corporation (NASDAQ: SANM) reported Q1 adjusted EPS of $1.30, surpassing the consensus estimate of $1.22, and sales of $1.88B, slightly above the $1.87B estimate. However, these figures represent a decrease from the previous year, with earnings down 20.73% and sales down 20.58% from the same period last year.

Portfolio Pulse from totan@benzinga.com

January 29, 2024 | 9:03 pm

TRNS

Transcat (NASDAQ:TRNS) reported Q3 adjusted EPS of $0.56, surpassing the $0.35 estimate, a 60% year-over-year increase. Sales reached $65.17M, exceeding the $63.68M estimate and marking a 13.53% increase from the previous year.

Portfolio Pulse from totan@benzinga.com

January 29, 2024 | 9:02 pm

GM

General Motors has announced a 33% increase in its quarterly dividend, raising it from $0.09 to $0.12 per share. The dividend will be payable on March 14, 2024, to shareholders of record as of March 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 9:02 pm

CRWD

CrowdStrike Holdings (NASDAQ:CRWD) has been analyzed by 39 analysts, showing a range of opinions. The average 12-month price target is $248.26, up 14.47% from the previous target. Analysts from firms like JMP Securities, Keybanc, and Morgan Stanley have raised their price targets, reflecting a positive outlook on the company's performance. CrowdStrike's financials show strong revenue growth and net margin, but a lower ROE compared to industry averages. The company's low debt-to-equity ratio indicates a healthy balance of financing.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 9:01 pm

SCHW

Charles Schwab Corporation (NYSE:SCHW) is reportedly preparing to launch a spot Bitcoin ETF, which could simplify investment in digital assets for retail investors. Industry experts believe this could be a game-changer by providing a regulated investment vehicle, reducing concerns about volatility and security. The move could fill a gap left by Vanguard's decision to avoid Bitcoin ETFs. Opinions are mixed, with some seeing it as a cautious market test, while others emphasize the long-term demand from younger investors. The launch could integrate digital assets into mainstream finance, increase liquidity, and enhance price discovery in the crypto market.

Portfolio Pulse from Murtuza Merchant

January 29, 2024 | 8:36 pm

NKLA

Nikola Corporation (NASDAQ:NKLA) shares are trading higher along with other EV stocks, following a report from CleanTechnica indicating a 29% year-over-year increase in full battery-electric vehicle sales in Q4 2023. Baird analyst Ben Kallo initiated coverage on Nikola with an Outperform rating and a price target of $2, citing potential catalysts in manufacturing, partnerships, and hydrogen infrastructure. Nikola has a high short interest of 28.42%, which may lead to significant price volatility. Despite recent optimism, Nikola's stock has fallen 30.48% in the past three months, and its revenue has decreased by 107.14% over the past year.

Portfolio Pulse from Erica Kollmann

January 29, 2024 | 8:36 pm

DOGE

GME

SHIB

SOL

A new GameStop memecoin ($GME) on the Solana blockchain achieved a market cap of over $14 million within 24 hours of its launch. The memecoin, which pays tribute to the GameStop saga, saw a significant drop in value after its Twitter profile was banned but has since recovered to a $6.5 million market cap and was listed on Poloniex. The trend of Solana memecoins achieving high valuations quickly is noted, with examples like Dogwifhat, Myro, and Anita Max Wynn. The future of the GameStop token and its potential to rival established memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) is uncertain.

Portfolio Pulse from Ivan Crnogatić

January 29, 2024 | 8:27 pm