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QRVO

Qorvo reported Q4 2024 adjusted EPS of $1.39, surpassing the $1.21 estimate, with sales of $941M also beating the $926.248M estimate, marking a 48.73% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:01 pm

MPTI

M-Tron Industries (NYSE:MPTI) has seen a 19.31% increase in short interest, now at 181 thousand shares or 10.32% of its float. This is significantly higher than its peer group average of 3.76%. The rise in short interest suggests a bearish market sentiment towards MPTI, though it's noted that an increase in short interest can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 8:00 pm

TKR

Timken (NYSE:TKR) has been analyzed by 5 analysts, showing a mix of bullish to indifferent sentiments with an average 12-month price target of $91.6, up from $85.80. The company's financial performance indicates challenges in profitability, revenue growth, and debt management compared to industry averages. Analysts' ratings and price targets have been updated, reflecting their views on the company's market standing and future performance.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 8:00 pm

EQIX

Equinix (NASDAQ:EQIX) has delivered an average annual return of 17.36% over the past 20 years, outperforming the market by 9.41% annually. A $100 investment in EQIX 20 years ago would be worth $2,323.48 today, showcasing the impact of compounded returns over time. Equinix's current market capitalization stands at $66.39 billion.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 8:00 pm

ELF

e.l.f. Beauty (NYSE:ELF) has significantly outperformed the market with an annualized return of 67.12% over the past 5 years, growing a $1000 investment to $12,313.27. The company now has a market capitalization of $8.86 billion.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 8:00 pm

BJ

BJ's Wholesale Club (NYSE:BJ) has seen a decrease in short interest, with the current short percent of float at 7.74%, down 8.29% from the last report. The company has 8.19 million shares sold short, requiring 5.32 days on average for traders to cover their short positions. This change in short interest could indicate a shift in market sentiment towards BJ's stock. Compared to its peers, BJ's has a higher short interest percentage, with the average for its peer group at 2.48%.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 8:00 pm

SAIA

Saia Inc. (NYSE:SAIA) has seen a decrease in short interest by 11.03% since its last report, with 1.30 million shares currently shorted, representing 6.21% of its float. This decline in short interest could indicate a more bullish sentiment towards the stock, despite it being higher than the peer group average of 4.48%. The coverage time for these short positions is estimated at 5.51 days based on current trading volumes.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 8:00 pm

RIOT

Recent analyst reviews on Riot Platforms (NASDAQ:RIOT) show a mix of bullish and somewhat bullish ratings, with an average 12-month price target of $18.47, reflecting a positive shift from the previous $18.17. The company, a vertically integrated Bitcoin mining firm, has shown remarkable revenue growth of 31.03% as of December 31, 2023, with a net margin of 100.53%, and outperforms industry averages in ROE and ROA. Its market capitalization is below the industry average, indicating it's smaller compared to peers.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 8:00 pm

QCOM

Qualcomm projects its Q3 2024 revenue to be between $8.8B and $9.6B, compared to the $9.05B estimate. The company also forecasts its adjusted EPS to range from $2.15 to $2.35, versus the $2.17 estimate.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:00 pm

CVS

SPY

USO

Stocks gained and the dollar fell following comments from Powell indicating that the next policy rate move is unlikely to be a hike. CVS shares dropped due to weak earnings, while oil prices declined on inventory build.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 7:53 pm