Streetbeat News

Stock Prices

PCTY

In the last quarter, Paylocity Holding (NASDAQ:PCTY) received 4 somewhat bullish and 6 indifferent ratings from analysts. The average 12-month price target for the company is $236.5, representing a 3.92% decrease from the previous average of $246.14.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 12:00 pm

CMP

Over the past 3 months, 4 analysts have published their opinion on Compass Minerals Intl (NYSE:CMP) stock. The company has an average price target of $56.25, a decrease of 6.76% from the previous average price target of $60.33. The majority of the ratings are bullish.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 12:00 pm

ABR

Over the past 3 months, 5 analysts have given their opinion on Arbor Realty Trust (NYSE:ABR) stock. The analysts, typically employed by large Wall Street banks, have given 3 somewhat bullish ratings and 2 indifferent ratings. The average price target is $14.6, which is lower than the current price of $16.32, implying a downside. This represents a 7.3% decrease from the previous average price target of $15.75.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 12:00 pm

ABR

JMP Securities analyst Steven Delaney maintains an Outperform rating on Arbor Realty Trust (NYSE:ABR) and raises the price target from $17.5 to $18.5.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 11:58 am

JAQC

Shares of Jupiter Acquisition Corporation have been halted due to pending news. The nature of the news is not yet disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 11:56 am

COTY

Coty Inc. anticipates its revenue from continuing operations for the three months ending June 30 to be between $1.2 billion and $1.4 billion, compared to the estimated $1.3 billion.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 11:55 am

ELV

Elevance Health Inc (NYSE:ELV) reported Q2 FY23 adjusted EPS of $9.04, up 13.4% Y/Y, beating the consensus of $8.80. Revenue increased 13% to $43.67 billion, primarily driven by premium rate increases in the Health Benefits business and higher premium revenue due to membership growth in Medicaid and Medicare. The company expects adjusted net income to be greater than $32.85 per share, higher than prior guidance. Despite the positive report, ELV shares are down 5.25% in premarket trading.

Portfolio Pulse from Vandana Singh

July 19, 2023 | 11:55 am

VLVLY

Volvo Group reported an 18% YoY sales growth in Q2 FY23, with sales reaching SEK 140.8 billion. The adjusted operating income for the quarter increased by 58% YoY to SEK 21.732 billion, and the adjusted operating margin expanded by 380 basis points to 15.4%. The company's EPS for the quarter was SEK 5.30, up from SEK 5.14 last year. The operating cash flow for industrial operations was SEK 12.553 billion.

Portfolio Pulse from Shivani Kumaresan

July 19, 2023 | 11:50 am

CISS

MCOM

SOS

UP

Four industrials stocks, C3is Inc. (CISS), Micromobility.com Inc. (MCOM), SOS Limited (SOS), and Wheels Up Experience Inc. (UP), are considered oversold with their RSI values below 30, indicating potential for growth in Q3. Recent developments include C3is's acquisition of an Aframax Tanker, Micromobility's permit renewal in Palermo, SOS Limited's FY22 revenue report, and Wheels Up's licensing rights acquisition by Portside.

Portfolio Pulse from Lisa Levin

July 19, 2023 | 11:47 am

GM

General Motors (NYSE:GM) expects an increase in electric vehicle production in the second half of the year due to improved battery module availability. Despite full order banks, GM sold only 49 Hummer EV pickups and 2,316 Lyriq models in the first half of the year due to supply chain challenges. GM President of North America, Rory Harvey, stated that the company is building momentum on battery capacity and anticipates more EVs being built in the second half of the year.

Portfolio Pulse from Anan Ashraf

July 19, 2023 | 11:44 am