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PAY

Paymentus Holdings, Inc. (NYSE:PAY) reported strong Q2 results, beating market estimates. The company's shares jumped 10.8% in pre-market trading. Analysts from Goldman Sachs and Raymond James have raised their price targets on Paymentus following the earnings announcement.

Portfolio Pulse from Lisa Levin

August 08, 2023 | 12:05 pm

FSTR

L.B. Foster (NASDAQ:FSTR) reported Q2 earnings of $0.32 per share, beating the analyst consensus estimate of $0.27 by 18.52%. This is a 77.78% increase from the same period last year. The company also reported quarterly sales of $148.03 million, beating the analyst consensus estimate of $141.41 million by 4.68%. This is a 26.97% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:04 pm

CMT

Core Molding Technologies (AMEX:CMT) reported Q2 earnings of $0.91 per share, beating the analyst consensus estimate of $0.42 by 116.67%. This is a 250% increase from the same period last year. The company also reported quarterly sales of $97.72 million, beating the analyst consensus estimate of $97.25 million by 0.49%. However, this is a 1.02% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:02 pm

UWMC

In the last quarter, 5 analysts have provided ratings for UWM Hldgs (NYSE:UWMC) with 1 being bullish, 2 indifferent, and 2 somewhat bearish. The company has an average 12-month price target of $4.9, up by 24.05% from the previous average of $3.95.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 12:01 pm

DK

Over the past 3 months, 6 analysts have published their opinion on Delek US Hldgs (NYSE:DK) stock. The company has an average price target of $27.83, a decrease of 4.59% from the previous average price target of $29.17. The analysts' ratings are mixed, with 2 somewhat bullish, 2 indifferent, and 2 somewhat bearish.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 12:01 pm

TROX

Over the past 3 months, 6 analysts have published their opinion on Tronox Holdings (NYSE:TROX) stock. The analysts have an average price target of $14.33 versus the current price of Tronox Holdings at $12.99, implying upside. This current average represents a 1.17% decrease from the previous average price target of $14.50.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 12:00 pm

ACVA

ACV Auctions (NASDAQ:ACVA) has received a number of analyst ratings in the last quarter, with the majority being bullish. In the last 3 months, 21 analysts have offered 12-month price targets for ACV Auctions, with an average price target of $19.71, an increase of 20.99% from the previous average price target of $16.29.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 12:00 pm

RXST

In the last quarter, RxSight (NASDAQ:RXST) received three bullish ratings and one indifferent rating from analysts. The average price target for the stock is $31.0, compared to its current price of $28.84, implying an upside. The average price target has increased by 34.78% over the past month.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 12:00 pm

FOX

FOXA

Fox Corporation has authorized a $7 billion stock buyback program. This move is expected to boost shareholder value by reducing the number of shares in circulation, potentially leading to an increase in the stock price.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 11:58 am

ACCO

GBX

GIC

GRC

MLKN

The article lists five overbought stocks in the industrials sector that investors may want to consider selling in Q3. These include ACCO Brands Corporation (ACCO), MillerKnoll, Inc. (MLKN), The Greenbrier Companies, Inc. (GBX), Global Industrial Company (GIC), and The Gorman-Rupp Company (GRC). All these companies have reported better-than-expected financial results, but their Relative Strength Index (RSI) values are above 70, indicating they are overbought.

Portfolio Pulse from Lisa Levin

August 08, 2023 | 11:58 am