Streetbeat News

Stock Prices

CPRT

Copart (NASDAQ:CPRT) is evaluated against its peers in the Commercial Services & Supplies industry. The analysis shows Copart with higher P/E, P/B, and P/S ratios, suggesting a potential overvaluation. Despite higher EBITDA and gross profit, Copart's ROE and revenue growth are below industry averages, indicating challenges in profitability and sales expansion. Copart's lower debt-to-equity ratio compared to top peers suggests a stronger financial position.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 4:01 pm

COST

Costco Wholesale (NASDAQ:COST) is analyzed in comparison to its competitors in the Consumer Staples Distribution & Retail industry. Costco operates a membership-based retail model and has a significant market share. Financial metrics show Costco has a high P/E, P/B, and P/S ratios compared to the industry average, indicating the stock may be overvalued. However, Costco's ROE, EBITDA, gross profit, and revenue growth are above the industry average, suggesting strong profitability and growth potential. The company also has a lower debt-to-equity ratio, indicating a stronger financial position.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 4:01 pm

GFS

GLOBALFOUNDRIES (NASDAQ:GFS) has received 4 analyst ratings in the last quarter, with 3 somewhat bullish and 1 indifferent. The average price target is $68.25, which is higher than the current price of $59.31, suggesting an upside. However, this target is a 9.0% decrease from the previous target of $75.00. Analysts rate stocks based on future earnings potential and company risk, typically updating their ratings quarterly or after significant company events.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 4:00 pm

INTU

Over the past 3 months, 16 Wall Street analysts have provided ratings for Intuit (NASDAQ:INTU), with an average 12-month price target of $611.25, ranging from $470.00 to $700.00. The majority of analysts are bullish or somewhat bullish, with 4 bullish, 10 somewhat bullish, and 2 indifferent ratings. There are no somewhat bearish or bearish ratings. The average price target has increased by 9.8% over the past month.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 4:00 pm

INTC

Intel's stock (INTC) is trading higher following an upgrade from B of A Securities, which changed its rating from Underperform to Neutral and increased the price target from $32 to $50.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 3:59 pm

ACIU

JNJ

AC Immune SA (ACIU) is advancing its Alzheimer's targeting immunotherapy, ACI-35.030, into a Phase 2b trial. The trial will evaluate the treatment in patients with preclinical Alzheimer's disease. AC Immune will receive milestone payments totaling CHF 40 million from its development partner, Janssen Pharmaceuticals Inc, a Johnson & Johnson (JNJ) company. Additionally, AC Immune has priced an underwritten offering of 14.3 million shares at $3.50 each, raising $50.1 million. ACIU shares have risen 2.83% to $3.82.

Portfolio Pulse from Vandana Singh

December 15, 2023 | 3:58 pm

COST

Costco shares have seen an uptick following the release of their Q1 earnings, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 3:58 pm

EIS

The armed wing of Hamas, Al Qassam Brigades, has launched missiles towards Jerusalem according to a statement cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 3:58 pm

ZS

Zscaler Inc.'s stock (ZS) is trading higher following an initiation of coverage by Susquehanna with a Positive rating and a price target of $275.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 3:56 pm

CHSN

Chanson International Holding's shares were halted after resuming trade due to a circuit breaker being triggered by a 22.5% drop in stock price.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 3:55 pm