Streetbeat News

Stock Prices

JKHY

Jack Henry & Associates has projected its FY24 EPS to be between $4.92 and $4.99, lower than the estimated $5.32. The company also expects its revenue to be between $2.208B and $2.229B, which is less than the estimated $2.29B.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 8:53 pm

ARHS

Freeman Spogli & Co. affiliated selling stockholders have started an underwritten public offering of 12 million shares of Arhaus. They also plan to give underwriters a 30-day option to buy up to an additional 1.8 million shares.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 8:51 pm

HRB

H&R Block, Inc. (NYSE:HRB) reported better-than-expected Q4 results and raised its quarterly dividend. The company reported earnings of $2.05 per share, beating the analyst consensus estimate of $1.89. Quarterly sales were $1.03 billion, beating the analyst consensus estimate of $1.01 billion. The company also raised its quarterly dividend by 10% to 32 cents per share. Shares of HRB were up 6.08% at $37.50 at the time of publication.

Portfolio Pulse from Ryan Gustafson

August 15, 2023 | 8:45 pm

A

Agilent has revised its FY23 adjusted EPS forecast to $5.40-$5.43, down from the previous estimate of $5.50. The company also lowered its revenue projection to $6.8B-$6.85B from $6.97B.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 8:45 pm

TGT

Target Corporation's (NYSE:TGT) stock price has created a double bottom pattern, falling to $125, a low last seen in June. The company is set to release its Q2 financial results on Aug. 16, with analysts expecting an EPS of $1.43, nearly double from the same quarter last year. However, revenue forecasts project a slight decline to $25.2 billion. The stock's price recently dipped below the crucial support at $128, and the relative strength index (RSI) has entered the oversold territory. The company's year-to-date decline stands at 17%, with a drawdown of over 50% from its peak in November 2021.

Portfolio Pulse from Piero Cingari

August 15, 2023 | 8:44 pm

A

Agilent Technologies Inc. has revised its outlook due to a softer macroeconomic environment. The company did not provide specific details about the changes in its outlook.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 8:43 pm

HD

Home Depot Inc (HD) beat earnings estimates for Q2 2023, despite a 2% YoY decrease in revenue to $42.92 billion. The company reaffirmed its guidance for a comparable sales decline between 2% and 5% for full-year 2023 due to broad-based pressure across the business. However, Oppenheimer analyst Brian Nagel believes the company is setting itself up for a recovery in the years ahead, with home improvement trends expected to improve in 2024 and 2025.

Portfolio Pulse from Adam Eckert

August 15, 2023 | 8:33 pm

DLO

DLocal Limited's (NASDAQ:DLO) shares surged over 13% after its Q2 financial results were leaked. The company reported a 59% YoY increase in revenue to $161.1 million, beating the consensus estimate of $151.18 million. Earnings per share were 15 cents, surpassing estimates of 13 cents. DLocal also appointed Pedro Arnt as co-CEO and reaffirmed its full-year revenue guidance of $620 million to $640 million.

Portfolio Pulse from Adam Eckert

August 15, 2023 | 8:32 pm

PH

Parker Hannifin (NYSE:PH) has outperformed the market over the past 5 years, producing an average annual return of 19.16%. If an investor had bought $1000 of PH stock 5 years ago, it would be worth $2,410.85 today. The company currently has a market capitalization of $52.44 billion.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 8:30 pm

CDW

CDW (NASDAQ:CDW) has outperformed the market over the past 10 years by 14.03% on an annualized basis, producing an average annual return of 24.37%. If an investor had bought $1000 of CDW stock 10 years ago, it would be worth $8,864.44 today.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 8:30 pm