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Stock Prices

HTZ

B of A Securities analyst John Babcock downgraded Hertz Global Holdings (HTZ) from Neutral to Underperform and reduced the price target from $9 to $3.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 11:02 am

AN

AutoNation reported a decrease in Q2 earnings per share to $4.49 from $6.29 YoY and a sales decline to $6.49B from $6.89B YoY, indicating a 28.62% decrease in EPS and a 5.88% decrease in sales.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 11:02 am

SAH

B of A Securities analyst John Murphy upgraded Sonic Automotive (NYSE:SAH) from Underperform to Buy and increased the price target from $55 to $68.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 11:00 am

SXT

Sensient Technologies (NYSE:SXT) reported Q1 earnings of $0.79 per share, surpassing the $0.70 estimate, and sales of $384.67M, exceeding the $367.80M estimate. This represents a slight decrease in earnings but an increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:58 am

CL

Colgate-Palmolive's stock is trading higher following a Q1 earnings beat and an upward revision of its FY24 sales growth forecast.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:57 am

CL

Colgate-Palmolive has updated its fiscal year 2024 sales growth guidance, increasing it from the previously forecasted range of 1-4% to a new range of 2-5%.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:57 am

ROP

Roper Technologies (ROP) reported Q1 2024 adjusted EPS of $4.41, surpassing the $4.34 estimate, and sales of $1.681B, exceeding the $1.653B estimate. This represents a 13.08% increase in EPS and a 14.33% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:57 am

NVDA

Jim Cramer, host of CNBC's 'Mad Money,' praised NVIDIA Corp CEO Jensen Huang as a 'very special man' in anticipation of Huang's feature on '60 Minutes.' Cramer, a long-time supporter of Huang and NVIDIA, has compared Huang to historical figures and celebrated the company's achievements, urging investors to trust in Huang's leadership despite Wall Street's skepticism.

Portfolio Pulse from Benzinga Neuro

April 26, 2024 | 10:52 am

GOOGL

MSFT

QQQ

SPY

Wall Street futures indicate a positive opening, buoyed by strong Q1 performances from Alphabet and Microsoft, ahead of key inflation data. The SPDR S&P 500 ETF Trust and Invesco QQQ ETF saw premarket gains. Analysts remain optimistic about the bull market's continuation despite recent volatility, citing technical and seasonal factors. Upcoming economic data includes the PCE index, personal income, and spending reports, with implications for the Fed's next moves. Several companies, including Intel, Roku, and Teladoc, moved on earnings news.

Portfolio Pulse from Shanthi Rexaline

April 26, 2024 | 10:48 am

BRRR

EZBC

FBTC

GBTC

IBIT

Bitcoin ETFs experienced a significant net outflow of $218 million on Thursday, despite Bitcoin's price increase of 3.7%. Fidelity's FBTC and Valkyrie's BRRR ETFs saw their first net withdrawals, while Grayscale's GBTC faced the largest outflow. Franklin Templeton's EZBC was the exception with a net inflow. The outflows contrast with Bitcoin's price resilience, suggesting a disconnect between ETF investor sentiment and the cryptocurrency's market performance.

Portfolio Pulse from Murtuza Merchant

April 26, 2024 | 10:38 am