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AKA

Analysts have provided mixed ratings for a.k.a. Brands Holding (NYSE:AKA) over the past quarter, with a majority being bullish. The average 12-month price target has increased to $24.5. Despite revenue challenges and below-average financial metrics, analysts maintain a positive outlook.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 2:00 pm

SPY

The USA Pending Home Sales Index for June increased to 74.3 from a revised 70.9 in the previous month, indicating a rise in pending home sales.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 2:00 pm

GPK

Over the past three months, four analysts have evaluated Graphic Packaging Holding (NYSE:GPK), with opinions ranging from bullish to bearish. The average 12-month price target has increased by 9.39% to $33.55. Analysts from Baird, Truist Securities, Stifel, and Citigroup have adjusted their ratings and price targets, reflecting a positive shift in sentiment. Despite a recent revenue decline of -7.34%, the company shows strong financial health with high net margins, ROE, and ROA, and a conservative debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 2:00 pm

SPY

USA Pending Home Sales for June increased by 4.8%, significantly surpassing the estimated 1.4% and showing a strong recovery from the revised -1.9% in May.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 2:00 pm

NCLH

Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) reported strong Q2 fiscal 2024 results with a 7.6% sales growth and a 25.3% increase in operating income. The company raised its 2024 guidance for the third time this year, expecting significant growth in Adjusted EPS and EBITDA. Despite missing sales consensus, NCLH beat EPS expectations and saw high occupancy rates.

Portfolio Pulse from Akanksha Bakshi

July 31, 2024 | 1:58 pm

MSFT

Microsoft's recent earnings report showed a revenue beat and a 21% YoY increase in cloud revenue, but shares fell due to missed cloud revenue forecasts and lower forward guidance. Despite this, analysts remain optimistic about Microsoft's AI narrative and future growth in Azure revenue.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 1:51 pm

AMD

META

NVDA

QCOM

SMH

SPY

The Federal Open Market Committee meets, AMD posts strong Q2 earnings, and NVIDIA along with other chip stocks rise in sympathy with AMD. Meta and Qualcomm are set to report after the market close.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:49 pm

SPY

The Chicago Purchasing Managers' Index (PMI) for July came in at 45.3, below the estimated 45 and the prior month's 47.4. This indicates a contraction in business activity in the Chicago area.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:47 pm

LNTH

Lantheus shares are trading lower after the company cut its FY24 EPS outlook.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:44 pm

NUZE

Nuzee shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:43 pm