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KMX

A golden cross has formed on CarMax's (NYSE:KMX) chart, which could be bullish for the stock. The golden cross occurs when the 50-day moving average crosses above the 200-day moving average, signaling a potential change in the long-term trend.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 2:50 pm

TMUS

A bearish 'death cross' has formed on T-Mobile US's (NASDAQ:TMUS) chart, indicating a potential downtrend for the stock. The death cross occurs when the 50-day moving average moves below the 200-day moving average, signaling a change in the long-term trend.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 2:49 pm

UBER

Unusual options activity has been observed for Uber Technologies (NYSE:UBER), with 11 uncommon options trades spotted, 63% bullish and 36% bearish. Whales have been targeting a price range of $27.5 to $40.0 for Uber over the last 3 months. The stock is currently down 2.2% at $39.37.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 2:49 pm

SKIL

Skillsoft (NYSE:SKIL) reported Q1 sales of $135.55 million and a loss of $44.22 million, despite a 17.31% increase in earnings. The company posted a negative Return on Capital Employed (ROCE) of -0.09%, suggesting inefficient capital allocation.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 2:49 pm

QMCO

Quantum (NASDAQ:QMCO) reported Q4 sales of $105.34 million and a loss of $13.61 million. The company's return on invested capital (ROIC) was 7.51%, indicating effective capital allocation. However, Q4 earnings per share of $-0.04 did not meet analyst predictions.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 2:49 pm

LMNR

Limoneira (NASDAQ:LMNR) reported Q2 sales of $48.07 million and a loss of $1.63 million, a 110.49% decrease from last quarter. The company posted a negative Return on Capital Employed (ROCE) of -0.01%, suggesting inefficient capital allocation.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 2:48 pm

GIII

G-III Apparel Group (NASDAQ:GIII) reported Q1 earnings of $3.14 million, a 101.2% increase from Q4, while sales dropped 29.01% to $606.59 million. The company posted a return on capital employed (ROCE) of 0.0%, indicating effective capital allocation. Q1 earnings per share were $0.13, beating analyst predictions of -$0.1.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 2:48 pm

THO

Thor Industries (NYSE:THO) reported a 363.96% increase in earnings to $119.73 million and a 24.8% increase in sales to $2.93 billion during Q3. The company posted a return on invested capital (ROIC) of 0.7%, indicating effective capital allocation. Thor Industries' Q3 earnings per share of $2.24 beat analyst predictions of $1.07.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 2:48 pm

CVGW

Calavo Growers (NASDAQ:CVGW) reported Q2 sales of $244.69 million, but earnings decreased 41.68%, resulting in a loss of $3.96 million. The company posted a negative Return on Invested Capital (ROIC) of -1.66%, suggesting inefficient capital allocation.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 2:47 pm

OLLI

Ollie's Bargain Outlet Holdings reported Q1 FY23 sales growth of 12.9% YoY to $459.15 million, beating the consensus of $451.35 million. Comparable store sales increased 4.5%. The company raised its FY23 outlook, with net sales expected to reach $2.052-$2.067 billion and adjusted EPS of $2.56-$2.65.

Portfolio Pulse from Nabaparna Bhattacharya

June 07, 2023 | 2:47 pm