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FAST

Fastenal (NASDAQ:FAST) is set to release its latest quarterly earnings report on October 12, 2023. Analysts estimate an earnings per share (EPS) of $0.50. The company's past performance shows a pattern of share price increase following earnings reports, even when EPS estimates were missed. Fastenal's shares were trading at $55.85 as of October 10, with a 19.36% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 2:00 pm

CMC

Commercial Metals (NYSE:CMC) is set to release its quarterly earnings report on October 12, 2023. Analysts estimate an EPS of $1.84. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $48.82, up 17.24% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 2:00 pm

CMTL

Comtech Telecom (NASDAQ:CMTL) is set to release its latest quarterly earnings report on October 12, 2023. Analysts estimate an earnings per share (EPS) of $0.17. The company's past performance shows a trend of missing EPS estimates, which has led to significant drops in share price. The stock is currently trading at $8.69, down 13.07% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 2:00 pm

TXT

Analysts have provided various ratings for Textron (NYSE:TXT) within the last quarter, with an average price target of $86.2, implying an upside from the current price of $78.89. The current average has increased by 3.86% from the previous average price target of $83.00.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 2:00 pm

DAL

Delta Air Lines (NYSE:DAL) is set to release its quarterly earnings report on October 12, 2023. Analysts estimate an earnings per share (EPS) of $1.94. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $35.73, up 20.08% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 2:00 pm

VEEV

Veeva Systems (VEEV) has received a mix of bullish and indifferent ratings from 18 analysts over the last quarter. The average price target is $227.17, indicating an upside from the current price of $216.06. The average price target has increased by 9.37% over the past month.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 2:00 pm

PXD

XOM

Exxon Mobil Corporation has agreed to acquire Pioneer Natural Resources Company in an all-stock transaction valued at $59.5 billion. The deal represents an 18% premium to Pioneer's closing price on October 5. The acquisition is expected to close in the first half of 2024. Exxon's shares are trading lower after the announcement, while Pioneer's shares are trading higher.

Portfolio Pulse from Nabaparna Bhattacharya

October 11, 2023 | 1:56 pm

TKR

B of A Securities analyst Ross Gilardi has downgraded Timken (NYSE:TKR) from Neutral to Underperform and lowered the price target from $100 to $74.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 1:55 pm

BAX

DVA

FMS

LLY

NVO

Shares of DaVita Inc (DVA), Fresenius Medical Care AG (FMS), and Baxter International Inc (BAX) fell sharply due to Novo Nordisk A/S's (NVO) early termination of its semaglutide kidney outcomes trial FLOW due to early signs of efficacy. The GLP-1 drugs like semaglutide could potentially reduce the size of the dialysis patient population over time, negatively impacting the dialysis market. The announcement also strengthens the case for using GLP-1 drugs, including Eli Lilly And Co's (LLY) Mounjaro, in diabetes patients with chronic kidney disease.

Portfolio Pulse from Vandana Singh

October 11, 2023 | 1:53 pm

THRN

Evercore ISI Group's analyst Elizabeth Anderson has downgraded Thorne HealthTech (NASDAQ:THRN) from Outperform to Neutral.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 1:43 pm