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HUT

Hut 8 Corp. (NASDAQ:HUT) shares are trading higher after the company reported its second-quarter financial results. Despite missing revenue and earnings estimates, the company saw improvements in gross margins and energy costs. Analysts have upgraded the stock and raised price targets, indicating potential upside.

Portfolio Pulse from Erica Kollmann

August 14, 2024 | 3:07 pm

DHC

IRT

NHI

REZ

UMH

WELL

Mortgage applications surged by 16.8% in the week ending Aug. 9, marking the largest one-week jump since January 2023. This increase, despite stable interest rates, led to a significant rise in refinance activity and positively impacted mortgage-linked stocks, including the iShares Residential and Multisector Real Estate ETF (REZ) and its top-performing stocks.

Portfolio Pulse from Piero Cingari

August 14, 2024 | 3:07 pm

EWCZ

European Wax Center has lowered its FY24 revenue guidance from $225M-$232M to $216M-$221M, below the $230.74M estimate. The company also revised its outlook for new center openings, system-wide sales, same-store sales, adjusted net income, and adjusted EBITDA.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:07 pm

EWCZ

European Wax Center has appointed David Berg as CEO, effective August 12, 2024. The company is updating its financial guidance and reevaluating near-term development plans due to macroeconomic pressures.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:05 pm

MCD

McDonald's (NYSE:MCD) has outperformed the market over the past 20 years with an average annual return of 12.27%, significantly boosting investor returns through compounded growth. A $100 investment in MCD 20 years ago would be worth $996.25 today.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 3:02 pm

ADNT

Over the past three months, analysts have provided mixed ratings for Adient (NYSE:ADNT), with a recent trend towards more bearish sentiments. The average 12-month price target has decreased by 13.08% to $28.1. Analysts from firms like Morgan Stanley, JP Morgan, Barclays, UBS, and B of A Securities have lowered their price targets and ratings, reflecting concerns over Adient's financial performance, including declining revenue, low net margins, and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 3:01 pm

EQT

Over the past three months, 8 analysts have evaluated EQT (NYSE:EQT) with varying opinions. The average 12-month price target is $44.38, slightly down from the previous $44.71. Recent analyst actions include both raises and lowers in ratings and price targets, reflecting mixed sentiments. EQT's financial metrics show challenges in profitability and returns, despite notable revenue growth.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 3:01 pm

CRWD

MSFT

NOW

ORCL

PANW

The article provides a comprehensive comparison of ServiceNow (NYSE:NOW) against its key competitors in the software industry, focusing on financial metrics, market position, and growth prospects. Key takeaways include ServiceNow's high PE ratio, low PB ratio, high PS ratio, low ROE, low EBITDA, low gross profit, and high revenue growth rate. The company also has a favorable debt-to-equity ratio compared to its top peers.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 3:00 pm

VISL

VisLink Technologies shares are trading lower after the company reported worse-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:00 pm

MRK

The article provides an in-depth analysis of Merck & Co (NYSE:MRK) compared to its competitors in the Pharmaceuticals industry. It highlights Merck's lower P/E, P/B, and P/S ratios, suggesting potential undervaluation. However, Merck's lower ROE, EBITDA, gross profit, and revenue growth indicate weaker financial performance relative to its peers. The company's lower debt-to-equity ratio suggests a stronger financial position.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 3:00 pm