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AMWD

American Woodmark has projected a low double-digit year-on-year decline in net sales for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:10 pm

BOX

Box Inc has projected its Q3 earnings per share (EPS) to be between $0.37 and $0.38, lower than the estimated $0.39. The company also expects its revenue to be between $261M and $263M, which is less than the estimated $265.63M.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 8:08 pm

AMWD

American Woodmark (NASDAQ:AMWD) reported Q1 adjusted earnings of $2.78 per share, beating the analyst consensus estimate of $2.30 by 20.87%. This is a 62.57% increase from the same period last year. The company also reported quarterly sales of $498.25 million, beating the analyst consensus estimate of $497.38 million by 0.18%, but this is an 8.22% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:07 pm

ALB

A significant investor has taken a bearish stance on Albemarle (NYSE:ALB), with 61% of recent trades being bearish. The targeted price range for Albemarle over the last 3 months is $170.0 to $250.0. The current price of ALB is up 4.39% at $197.97. Deutsche Bank, Wells Fargo, and RBC Capital maintain positive ratings on Albemarle, while B of A Securities is neutral and Credit Suisse is underperforming.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 8:01 pm

NOW

A significant bearish stance has been taken on ServiceNow (NYSE:NOW) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 75% bearish and 25% bullish. The whales have been targeting a price range from $400.0 to $660.0 for ServiceNow over the last 3 months. Needham has downgraded its action to Buy with a price target of $660, while Evercore ISI Group maintains their Overweight rating on ServiceNow with a price target of $650.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 8:01 pm

SYK

Stryker (NYSE:SYK) has outperformed the market over the past 20 years, producing an average annual return of 10.69%. If an investor had bought $1000 of SYK stock 20 years ago, it would be worth $7,532.81 today. The company currently has a market capitalization of $108.32 billion.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 8:00 pm

GEF

Greif (NYSE:GEF) is set to release its latest quarterly earnings report on August 30, 2023. Analysts estimate an earnings per share (EPS) of $1.54. The company's past performance shows a trend of beating EPS estimates, which has often resulted in a share price increase. Currently, Greif's shares are trading at $72.42, with a 9.72% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 8:00 pm

PRI

Primerica (NYSE:PRI) has outperformed the market over the past 10 years, producing an average annual return of 18.44%. If an investor had bought $1000 of PRI stock 10 years ago, it would be worth $5,434.03 today. The company currently has a market capitalization of $7.17 billion.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 8:00 pm

FCX

STLD

VALE

Metals and materials stocks are trading higher amid overall market strength. Vale suggested that China's steel demand is declining less than some indicators suggest.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 7:50 pm

BTCUSD

ETHUSD

Crypto analyst Cantering Clark expressed skepticism about the potential for a rebound in the cryptocurrency market, citing a lack of real-world applications for most cryptocurrencies. He also questioned the market's optimism and pointed out prevalent issues in the crypto space. Meanwhile, Bitcoin (BTC) and Ether (ETH) were trading higher after a court ordered the SEC to review its rejection of Grayscale Investments' attempt to convert the Grayscale Bitcoin Trust into an ETF.

Portfolio Pulse from Murtuza Merchant

August 29, 2023 | 7:49 pm