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PAA

Plains All American (NASDAQ:PAA) has received mixed ratings from analysts, with a recent trend towards more bullish perspectives. Over the past three months, 7 analysts have offered ratings ranging from bullish to bearish. The average 12-month price target for PAA has been raised to $20.21, indicating an 11.78% increase from the previous target of $18.08. Analysts from Citigroup, Stifel, UBS, Goldman Sachs, Scotiabank, and Truist Securities have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Plains All American, involved in the transportation and marketing of oil and gas products, faces challenges in revenue growth, profitability, and asset utilization compared to industry averages.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 9:01 pm

IR

Ingersoll Rand (NYSE:IR) has delivered an average annual return of 20.86% over the past 5 years, outperforming the market by 8.47% annually. A $1000 investment in IR 5 years ago would now be worth $2,646.72, showcasing the impact of compounded returns on investment growth. Ingersoll Rand's current market capitalization stands at $35.70 billion.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 9:00 pm

LLY

Eli Lilly and Co (NYSE:LLY) has significantly outperformed the market with an annualized return of 22.64% over the past 15 years, turning a $100 investment into $2,168.83 today. The company's market capitalization stands at $728.91 billion.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 9:00 pm

ADEA

Adeia (NASDAQ:ADEA) reported Q1 2024 earnings of $0.25 per share, surpassing the $0.21 estimate, with sales of $83.405M also beating the $81.850M forecast. However, these figures represent a significant decrease from the previous year, with earnings down 47.92% and sales down 28.90%.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 9:00 pm

FGF

Fundamental Global (FGF) shares are trading higher following the announcement of acquiring Strong/MDI Screen Systems through FG Acquisition Corp. for a $30 million valuation.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:59 pm

AMZN

ATSG

BA

Air Transport Services Group (ATSG) will expand its operations for Amazon's Air Network by operating ten additional Boeing 767 freighters by the end of 2024. The agreement, which now extends to May 2029, with an option for a further five-year extension, also allows for the potential addition of up to ten more aircraft. This expansion signifies a strengthening of the partnership between ATSG, Amazon, and Boeing.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:59 pm

BCSF

Bain Capital Specialty (NYSE:BCSF) reported Q1 2024 GAAP Net Investment Income per share of $0.53, missing the $0.55 estimate, but sales of $74.499M exceeded the $69.700M forecast. Earnings per share increased by 6% from the previous year, while sales slightly decreased by 0.32%.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:57 pm

BWMN

Bowman Consulting Group (NASDAQ:BWMN) reported Q1 2024 adjusted EPS of $0.20, surpassing the $(0.08) estimate, but missed sales estimates with $94.907M against the expected $95.626M. This represents a 23.08% decrease in EPS and a 24.71% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:56 pm

EVRI

IGT

Everi Holdings Inc. (EVRI) has terminated its stock repurchase program effective May 2, 2024, having repurchased $100 million of its common stock. The company also announced a mandatory sell-to-cover policy for tax withholdings on RSUs and PSUs, effective May 1, 2024, to retain cash for a potential Special Dividend related to its merger with International Game Technology PLC (IGT) and other entities. The Special Dividend will be based on various financial metrics and the company's cash position at the merger's closing.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:55 pm

KIDS

OrthoPediatrics projects its FY24 revenue to be between $200M and $203M, surpassing the estimated $198.125M.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:54 pm