Streetbeat News

Stock Prices

GPS

Gap Inc. (NYSE:GPS) reported Q3 earnings of $0.59 per share, surpassing the consensus estimate of $0.18. Quarterly sales were $3.767 billion, beating expectations but showing a 7% decrease from the previous year. Gap's annual dividend yield is 3.36%, with a quarterly dividend of $0.15 per share. To earn $500 monthly from dividends, an investment of approximately $178,500 is required. Gap's stock price surged 30.6% to close at $17.85 following the earnings report.

Portfolio Pulse from Lisa Levin

November 20, 2023 | 1:48 pm

MSFT

Wedbush analyst Daniel Ives has reiterated an Outperform rating on Microsoft (NASDAQ:MSFT) and maintained a price target of $425.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:48 pm

IVFH

ONDS

VNRX

Insiders at Innovative Food Holdings, Ondas Holdings, and VolitionRx have recently made significant stock purchases. Innovative Food Holdings reported modest GAAP net income, while Ondas Holdings posted a narrower-than-expected quarterly loss. VolitionRx received a price target increase from Cantor Fitzgerald. These insider transactions may signal confidence in the companies' prospects, which could be of interest to investors in penny stocks.

Portfolio Pulse from Lisa Levin

November 20, 2023 | 1:45 pm

LLY

Eli Lilly Inc. (NYSE:LLY) stock has seen a 0.22% increase in the current session, trading at $593.00. Over the past month and year, the stock has risen by 0.10% and 64.32%, respectively. The company's P/E ratio of 107.19 is significantly higher than the Pharmaceuticals industry average of 33.5, which may suggest that investors expect better future performance or that the stock is overvalued.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 1:45 pm

FANH

Fanhua Inc. reported a significant increase in Q3 earnings per share (EPS) to $0.44, up from $0.09 year-over-year (YoY). However, sales saw a slight decline to $86.98M from $87.83M YoY.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:44 pm

ACM

IR

TDG

TGH

Four industrial stocks with high RSI values, indicating potential overbought conditions, may face a downturn in Q4. TransDigm Group (TDG) acquired a business for $1.385 billion and reported strong Q4 results. Ingersoll Rand (IR) raised full-year guidance despite lower sales. Textainer Group (TGH) showed resilience in Q3 results despite weak earnings. AECOM (ACM) exceeded earnings guidance and provided strong FY24 EPS guidance. All stocks are near their 52-week highs.

Portfolio Pulse from Lisa Levin

November 20, 2023 | 1:43 pm

KAR

OPENLANE, Inc., a subsidiary of KAR Auction Services (NYSE:KAR), has launched a new digital marketplace in the U.S. that combines off-lease inventory from commercial sellers with dealer-to-dealer inventory from BacklotCars. This unified platform aims to simplify the buying and selling process for wholesale used vehicles, offering a wide selection of inventory, multiple sale formats, and integrated services such as inspections, arbitration protection, and financing. The platform is accessible via mobile and desktop, and is designed to meet the needs of dealers of all sizes, providing AI-enhanced inspections, market insights, and customer support.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:43 pm

KBH

Wedbush analyst Jay McCanless has downgraded KB Home (NYSE:KBH) from Outperform to Neutral and set a price target of $55.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:41 pm

STAF

Staffing 360 Solutions, Inc. (STAF) has received a notification from Nasdaq for not filing its Q3 Form 10-Q on time, which puts the company at risk of non-compliance with Nasdaq Listing Rule 5250(c)(1). The company has until December 22, 2023, to provide a written explanation to the Nasdaq Hearings Panel. Staffing 360 expects to file the overdue report by the end of the year and is currently up to date with all other SEC filings.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:41 pm

SEDG

Morgan Stanley analyst Andrew Percoco has maintained an Equal-Weight rating on SolarEdge Technologies (NASDAQ:SEDG) but has reduced the price target from $176 to $89.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:40 pm