Streetbeat News

Stock Prices

VRTX

Vertex Pharmaceuticals Inc. (NASDAQ:VRTX) stock price is currently $438.11, having dropped by 0.45% in the current market session. Despite this, VRTX has seen a 7.36% increase over the past month and a 38.81% rise over the past year. The article discusses the company's P/E ratio in comparison to the Biotechnology industry average, suggesting that VRTX's lower P/E might indicate it is undervalued or expected to perform worse than its peers. The P/E ratio, while useful, should not be the sole metric for investment decisions and should be used alongside other financial metrics and qualitative analysis.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 4:45 pm

BLD

CCS

DHI

GRBK

KBH

LEN

LGIH

MHO

NVR

PHM

TMHC

TOL

TPH

Shares of housing and homebuilders are down following D.R. Horton's mixed Q1 results, indicating a potential negative market sentiment towards the sector.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:36 pm

UAL

United Airlines CEO confirmed during a conference call that the company is not cancelling its orders for the Boeing Max 10 aircraft, but is removing it from their internal planning considerations.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:35 pm

Stephens & Co. analyst Terry McEvoy has reiterated an Equal-Weight rating on Regions Financial Corporation (NYSE:RF) and maintained a price target of $21.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:33 pm

MSFT

Over the past 20 years, Microsoft (NASDAQ:MSFT) has delivered an average annual return of 14.23%, outperforming the market. A $1000 investment in MSFT 20 years ago would now be worth $14,170.19. The company's current market capitalization stands at $2.94 trillion.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 4:30 pm

PANW

Palo Alto Networks (NASDAQ:PANW) has significantly outperformed the market, with an average annual return of 37.65% over the past 5 years. An investment of $1000 in PANW 5 years ago would be worth $4,891.38 today. The company's current market capitalization stands at $109.06 billion.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 4:30 pm

UAL

United Airlines executive mentioned in a conference call that the company has an order of 277 Max 10 aircraft to be delivered throughout the remainder of the decade, with an additional 200 options for Max 10 aircraft.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:30 pm

RTX

RTX Corporation (NYSE:RTX) reported Q4 fiscal 2023 results with a 10% Y/Y increase in adjusted net sales to $19.82 billion, surpassing consensus estimates. Adjusted EPS rose to $1.29, beating expectations. The company saw a strong backlog, share repurchases, and provided a positive outlook for fiscal 2024, with sales projections slightly below consensus but adjusted EPS in line. RTX shares rose 5.86% to $90.00.

Portfolio Pulse from Akanksha Bakshi

January 23, 2024 | 4:29 pm

PLUG

Plug Power Inc (NASDAQ:PLUG) shares surged after announcing the start of production at its new liquid green hydrogen plant in Georgia, which is the largest of its kind in the U.S. The facility is expected to produce 15 tons of liquid hydrogen daily, powering about 15,000 forklifts, and is anticipated to positively impact Plug Power's bottom line and fuel margin expansion. The plant was completed in 18 months, ahead of the industry standard of three years.

Portfolio Pulse from Adam Eckert

January 23, 2024 | 4:28 pm

CTRA

Stephens & Co. analyst Mike Scialla has reiterated an Overweight rating on Coterra Energy (NYSE:CTRA) and maintained a price target of $39. This reaffirmation of the company's stock rating and price target suggests continued confidence in Coterra Energy's performance and potential for growth.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:28 pm