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FERG

Ferguson Inc.'s shares have risen by 16.80% over the past three months. The company's total debt stands at $3.89 billion, with $3.84 billion in long-term debt and $55 million in current debt. After adjusting for $625 million in cash-equivalents, the net debt is $3.27 billion. The company's debt-ratio is 0.25, indicating a moderate level of financial leverage.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 1:00 pm

EDBL

WMT

Edible Garden AG Inc (NASDAQ:EDBL) has expanded its distribution alliance with Walmart Inc (NYSE:WMT), providing additional stock-keeping units (SKUs) in Walmart locations across the Northeast and the East South-Central region of the United States. Edible Garden is also a participant in Walmart’s Project Gigaton, a 2017 initiative to reduce greenhouse gases in the global value chain by 2030. EDBL shares are trading lower by 0.83% at $1.28 in premarket on the last check Thursday.

Portfolio Pulse from Shivani Kumaresan

July 20, 2023 | 1:00 pm

VECO

Analysts have provided various ratings for Veeco Instruments (NASDAQ:VECO) within the last quarter, with a total of 2 bullish, 2 somewhat bullish, and 1 indifferent rating. The average 12-month price target for Veeco Instruments has increased by 8.96% from the previous average price target of $25.33 to $27.6.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 1:00 pm

BKR

Over the past three months, four analysts have published their opinions on Baker Hughes (NASDAQ:BKR) stock. The average price target is $35.75, implying a slight upside from the current price of $35.2. The current average has increased by 10.58% from the previous average price target of $32.33.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 1:00 pm

WMT

The article corrects the ticker symbol for Walmart, which is 'WMT', not 'WAL'.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 12:59 pm

BCOV

EFSH

MTEM

THRX

Insiders at Theseus Pharmaceuticals, Molecular Templates, Brightcove, and 1847 Holdings have recently made significant purchases of their companies' shares. Theseus Pharmaceuticals' 10% owner bought 700,000 shares, Molecular Templates' 10% owner acquired over 4 million shares, Brightcove's 10% owner purchased nearly 8,000 shares, and 1847 Holdings' 10% owner bought over 176,000 shares. These transactions may indicate the insiders' confidence in their companies' prospects.

Portfolio Pulse from Lisa Levin

July 20, 2023 | 12:58 pm

PFE

Pfizer, Inc.'s (NYSE:PFE) plant in Rocky Mount, North Carolina, has reportedly suffered heavy damage from a tornado. The company is assessing the impact on production. The site is one of the largest sterile injectable product facilities. The company's employees at the site are safe. PFE shares are trading higher by 0.14% to $36.49 in the premarket session on the last check Thursday.

Portfolio Pulse from Nabaparna Bhattacharya

July 20, 2023 | 12:58 pm

NBTX

Nanobiotix announced that the first patient has been injected in Phase 1/2 study of NBTXR3 for advanced solid tumors, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:57 pm

AAL

American Airlines Group Inc (NASDAQ:AAL) reported Q2 FY23 operating revenue growth of 4.7% YoY to $14.10 billion, beating the consensus of $13.74 billion. The company's Q1 adjusted EPS of $1.92 also exceeded the consensus of $1.58. Despite a decline in cargo revenues, passenger revenues rose 6.2% YoY to $12.98 billion. Operating expenses for the quarter declined by 4.1% YoY to $11.89 billion. The company raised its FY23 adjusted EPS outlook to $3.00-$3.75 from the prior view of $2.50-$3.50. However, AAL shares traded lower by 1.61% at $18.30 premarket on Thursday.

Portfolio Pulse from Akanksha Bakshi

July 20, 2023 | 12:57 pm

CSX

CSX Corporation is expected to report a slight decline in its Q2 earnings, with analysts predicting earnings of 49 cents per share, down from 50 cents per share a year ago. The company's revenue is expected to be around $3.73 billion. Several analysts have recently upgraded their ratings and price targets for CSX, with most seeing an upside potential in the company's stock.

Portfolio Pulse from Lisa Levin

July 20, 2023 | 12:55 pm