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ETRN

Equitrans Midstream (NYSE:ETRN) is set to release its latest quarterly earnings report on August 1, 2023. Analysts estimate an earnings per share (EPS) of $0.08. The company's past performance shows a pattern of beating EPS estimates, but this has not always led to an immediate increase in share price. The stock is currently trading at $10.33 and has seen a 19.28% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 8:04 pm

CUBI

Customers Bancorp (NYSE:CUBI) has received positive analyst ratings in the last quarter, with 3 bullish and 1 somewhat bullish ratings. The average 12-month price target for the company has increased by 23.46% from the previous average, now standing at $50.0.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 8:03 pm

ADM

Archer-Daniels Midland (NYSE:ADM) has outperformed the market over the past 20 years by 1.77% on an annualized basis, producing an average annual return of 9.77%. If an investor had bought $1000 of ADM stock 20 years ago, it would be worth $6,486.96 today.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 8:02 pm

AVGO

Broadcom (NASDAQ:AVGO) has outperformed the market over the past 10 years by 27.16% on an annualized basis, producing an average annual return of 37.56%. If an investor had bought $1000 of AVGO stock 10 years ago, it would be worth $24,148.57 today.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 8:01 pm

ENPH

In the last quarter, 23 analysts have provided ratings for Enphase Energy (NASDAQ:ENPH), with 9 being bullish, 7 somewhat bullish, 6 indifferent, and 1 somewhat bearish. The company has an average 12-month price target of $215.0, a decrease of 11.73% from the previous average price target of $243.57.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 8:01 pm

GNTX

In the last quarter, Gentex (NASDAQ:GNTX) received 6 analyst ratings, with 2 being bullish, 1 somewhat bullish, and 3 indifferent. The company's average 12-month price target is $34.67, a 13.3% increase from the previous average of $30.60.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 8:00 pm

META

TSLA

Mark Zuckerberg, CEO of Meta Platforms Inc (NASDAQ:META), and Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), are both fans of Taylor Swift. Zuckerberg recently attended a Swift concert, while Musk has publicly admitted his admiration for the singer. The two CEOs have a known rivalry, which has intensified since Zuckerberg launched a competitor to Twitter, now known as X.

Portfolio Pulse from Adam Eckert

July 31, 2023 | 7:59 pm

Z

ZG

High mortgage rates are discouraging homeowners from selling their homes, according to data from Zillow Group Inc. This is due to the 'lock-in effect', where homeowners who secured lower mortgage rates are less likely to sell and move. Around 90% of mortgage holders currently have rates below 6%, and about 80% have rates below 5%, while current mortgage rates hover near 7%. This situation is causing a housing shortage as more home builders are forced to build new homes.

Portfolio Pulse from AJ Fabino

July 31, 2023 | 7:54 pm

AVTR

Avantor Inc (NYSE:AVTR) reported Q2 adjusted EPS of $0.28, missing the consensus of $0.29. Sales decreased 8.7% to $1.74 billion, below the consensus of $1.80 billion. The company's stock sold off 7% on Friday and trades at just 14.1 times EBITDA. William Blair analyst Matt Larew has downgraded Avantor to Market Perform from Outperform due to a challenging competitive environment. The company expects core organic revenue to decline 6.5%-4.5% in 2023.

Portfolio Pulse from Vandana Singh

July 31, 2023 | 7:53 pm

BUD

Anheuser-Busch's shares are trading lower following recent layoffs at the company.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 7:53 pm