Streetbeat News

Stock Prices

SFM

Sprouts Farmers Market (SFM) has announced its Q3 adjusted EPS forecast to be between $0.71 and $0.75, surpassing the estimated $0.69.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:05 pm

LSCC

Lattice Semiconductor (NASDAQ:LSCC) reported Q2 2024 earnings of $0.23 per share, missing the analyst estimate of $0.24. Sales were $124.076 million, below the $130.172 million estimate. Both earnings and sales showed significant declines from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:05 pm

AMKR

Amkor Technology (NASDAQ:AMKR) reported Q2 2024 adjusted EPS of $0.27, beating the estimate of $0.23. Sales were $1.46 billion, slightly above the $1.45 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:05 pm

CTEC

FSLR

ICLN

RAYS

TAN

VCLN

The Biden administration has doubled the U.S. tariff on Chinese solar panels to 50%, aiming to protect the domestic market from China's predatory behavior. First Solar's CEO, Mark Widmar, supports the move, emphasizing the need for a level playing field for U.S. manufacturers. The news comes ahead of First Solar's second-quarter earnings report. The tariff increase is seen as a measure to counteract China's oversupply of solar panels, which has been flooding international markets. The announcement has impacted the stock prices of First Solar and several clean energy ETFs.

Portfolio Pulse from Michael Juliano

July 29, 2024 | 8:03 pm

CHK

Chesapeake Energy (NASDAQ:CHK) reported a significant decline in Q2 earnings and sales, with earnings per share dropping 98.44% year-over-year to $0.01 and sales falling 73.29% to $505 million, missing analyst estimates by 35.84%.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:03 pm

FHI

In the past three months, 5 analysts have provided ratings for Federated Hermes (NYSE:FHI), ranging from bullish to bearish. The average 12-month price target is $37.2, with a high of $47.00 and a low of $33.00. Recent analyst actions include both upgrades and downgrades, reflecting mixed sentiments. Federated Hermes has shown a 1.57% revenue growth rate but faces challenges with below-industry-average net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 8:02 pm

OLN

Olin (NYSE:OLN) has outperformed the market over the past 5 years, producing an average annual return of 19.28%. A $1000 investment in OLN 5 years ago would be worth $2,333.77 today. The article highlights the impact of compounded returns on cash growth.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 8:01 pm

SBCF

Over the past three months, 5 analysts have evaluated Seacoast Banking (NASDAQ:SBCF) with mixed opinions. The average 12-month price target has increased to $27.6, reflecting a 6.15% rise from the previous target. Analysts have adjusted their ratings and price targets in response to market conditions, with some raising and others lowering their expectations. Seacoast Banking has shown positive revenue growth and strong financial health, with impressive net margins, ROE, and ROA, and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 8:01 pm

WSFS

Four analysts have recently evaluated WSFS Financial (NASDAQ:WSFS), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased by 13.27% to $59.75. Analysts have raised their price targets, reflecting positive sentiment towards the company's financial health and performance.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 8:01 pm

SOFI

SoFi Technologies, Inc. (NASDAQ:SOFI) shares are experiencing a slight decline ahead of their second-quarter earnings report scheduled for tomorrow. Analysts project an EPS of $0 and revenue of $564.59 million. The stock has shown increased volatility with a significant short interest of 18.45%. The average 12-month price target is $8.17, suggesting potential upside.

Portfolio Pulse from Vaishali Prayag

July 29, 2024 | 7:59 pm