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ACM

AECOM's stock is trading higher following the announcement of Q4 financial results that surpassed expectations. Additionally, the company has raised its FY24 adjusted EPS guidance above analyst estimates and expanded its share repurchase program to $1 billion.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:42 pm

IOT

Samsara Inc. shares have risen following the announcement of their integration with Limble, aimed at enhancing predictive maintenance for fleet management teams.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:40 pm

ADPT

AGTI

AZTA

PSFE

SBH

SNAP

TLIS

Z

Azenta, Inc. reported Q4 earnings of 13 cents per share, surpassing estimates of 2 cents, with sales of $172.36 million against expectations of $163.9 million, causing its shares to rise 15.1%. Other stocks also moved higher, with Talis Biomedical exploring strategic alternatives and announcing a cost reduction plan, and various companies like Paysafe Limited and Sally Beauty Holdings reporting upbeat earnings. Adaptive Biotechnologies was maintained with an Overweight rating by Piper Sandler, and Agiliti, Inc. was upgraded by UBS. Zillow Group entered a new agreement with PHH Mortgage, and Snap Inc. saw gains following a deal to run Amazon shopping ads.

Portfolio Pulse from Lisa Levin

November 14, 2023 | 3:39 pm

GWRE

Baird analyst Joe Vruwink has upgraded Guidewire Software (NYSE:GWRE) from Neutral to Outperform and increased the price target from $96 to $117, indicating a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:38 pm

ALC

Alcon Inc. (NYSE:ALC) is expected to report Q3 earnings of 67 cents per share, up from 50 cents a year ago, with revenue estimated at $2.35 billion versus $2.12 billion. The company previously reported better-than-expected Q2 results. Alcon shares recently closed down at $72.05. Analysts from Argus Research, Wells Fargo, Baird, and BTIG have maintained positive ratings and raised their price targets for Alcon, with accuracy rates ranging from 66% to 76%.

Portfolio Pulse from Lisa Levin

November 14, 2023 | 3:36 pm

MSI

Motorola Solutions (NYSE:MSI) has seen a 6.9% increase in short interest since its last report, with 899 thousand shares sold short, representing 0.62% of its float. It would take about 1.48 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Compared to its peers, MSI has a lower short interest as a percentage of float, with the peer group average at 7.64%.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 3:30 pm

DD

DuPont de Nemours (NYSE:DD) has seen a decrease in short interest, with the short percent of float dropping 18.37% since the last report. The company has 8.55 million shares sold short, representing 2.0% of available shares for trading. The current short interest is below the peer group average of 3.97%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 3:30 pm

NDAQ

Nasdaq's (NYSE:NDAQ) short interest has decreased by 29.93% since the last report, with 4.10 million shares sold short, representing 0.96% of available shares. The average time to cover these short positions is 1.48 days. This decline in short interest may indicate a more bullish sentiment towards NDAQ, although it doesn't necessarily predict a near-term price rise. Nasdaq's short interest is below its peer group average of 2.79%.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 3:30 pm

HD

Home Depot Inc (NYSE:HD) reported FY23 sales of $37.71 billion, surpassing analyst estimates of $35.66 billion, despite a 3% year-on-year decline. Customer transactions decreased by 2.4%, and comparable sales fell by 3.1% overall, with a 3.5% drop in the U.S. Gross profit decreased by 3.7% to $12.7 billion, and operating income fell 12.1% to $5.4 billion. Operating expenses rose by 3.6% to $7.3 billion. EPS of $3.81 beat the consensus of $3.58. The company revised its sales and comparable sales forecast to a decline of 3%-4% and expects an EPS decline of 9%-11% for FY23. Home Depot's stock rose by 6.12% to $305.70.

Portfolio Pulse from Shivani Kumaresan

November 14, 2023 | 3:30 pm

EJH

Shares of E-Home Household Service (EJH) were halted due to a circuit breaker after the stock plummeted by 19.9%.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:29 pm