Streetbeat News

Stock Prices

GPI

Group 1 Automotive (NYSE:GPI) is expected to release its quarterly earnings report on January 31, 2024. Analysts predict an EPS of $10.48. Investors will be looking for an earnings beat and positive guidance for future growth. Historically, GPI's stock price has reacted to past earnings performances and guidance. Last quarter, GPI beat the EPS estimate by $0.59, leading to a 4.03% stock price increase the following day. Over the last year, GPI shares have risen 26.6%, trading at $276.75 as of January 29.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 4:01 pm

SKFRY

SKF (OTC:SKFRY) is expected to release its quarterly earnings report on January 31, 2024, with an estimated EPS of $0.40. Investors are looking for an earnings beat and positive guidance for future growth. SKF's stock performance has been modestly positive over the last year, with a 2.1% increase. Past earnings have shown mixed reactions in stock price changes, with slight decreases and increases following earnings reports.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 4:01 pm

CLB

Core Laboratories (NYSE:CLB) is scheduled to release its quarterly earnings report on January 31, 2024. Analysts predict an EPS of $0.19. Investors will be looking for an earnings beat and positive guidance for future growth. Historically, CLB's stock price has been affected more by guidance than earnings beats or misses. Last quarter, CLB met EPS estimates and saw a 1.09% stock increase the following day. Over the past year, CLB shares have decreased by 38.04%, indicating potential dissatisfaction among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 4:01 pm

MTH

Meritage Homes (NYSE:MTH) is expected to report an EPS of $5.17 in its upcoming quarterly earnings on January 31, 2024. Investors are looking for an earnings beat and positive guidance for future growth. Historically, MTH has seen share price increases following earnings beats, with the last quarter resulting in a 7.04% rise. Over the past year, MTH shares have increased by 53.15%, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 4:01 pm

MET

MetLife (NYSE:MET) is scheduled to release its quarterly earnings report on January 31, 2024. Analysts predict an EPS of $1.90. Investors are looking for an earnings beat and positive guidance for the next quarter. MetLife's stock performance has been negative over the last 52 weeks, with shares down 3.35%, trading at $70.36 as of January 29. Historical EPS performance shows mixed results with both misses and beats in previous quarters.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 4:00 pm

AAPL

A comparative study evaluates Apple (AAPL) against its competitors in the Technology Hardware, Storage & Peripherals industry. Apple's financial metrics show a lower P/E ratio than the industry average, suggesting growth potential, but higher P/B and P/S ratios indicate a premium on its assets and sales. Apple's ROE, EBITDA, and gross profit are significantly above the industry average, reflecting strong profitability. However, Apple's revenue growth is below the industry average, indicating a sales expansion slowdown.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 4:00 pm

AMD

An in-depth analysis compares Advanced Micro Devices (AMD) to its competitors in the Semiconductors & Semiconductor Equipment industry. AMD's P/E ratio is significantly higher than the industry average, suggesting an overvalued stock. Its P/B ratio is below the industry average, indicating potential undervaluation by book value. The P/S ratio is also higher than the industry average, hinting at overvaluation by sales. AMD's ROE is below the industry average, suggesting inefficiency in profit generation from equity. The company's EBITDA and gross profit are below the industry average, indicating potential profitability challenges. AMD's revenue growth is lower than the industry average, pointing to a slower sales performance. AMD's lower debt-to-equity ratio compared to its top 4 peers suggests a stronger financial position with less reliance on debt financing.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 4:00 pm

F

GM

Ford Motor Co (NYSE:F) shares are trading higher, likely in response to General Motors Co's (NYSE:GM) strong quarterly results. GM reported Q4 revenue of $43 billion and adjusted earnings of $1.24 per share, surpassing estimates. GM's positive guidance for 2024 also contributed to its stock surge. Ford is expected to report its Q4 results on Feb. 6 with an anticipated EPS of 13 cents on $40.142 billion revenue. Analysts rate Ford as Neutral, and its stock has risen 17.47% over the past three months.

Portfolio Pulse from Adam Eckert

January 30, 2024 | 3:57 pm

SRPT

Wedbush analyst Andreas Argyrides has reiterated an Outperform rating on Sarepta Therapeutics (NASDAQ:SRPT) and maintained a price target of $224.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 3:55 pm

PII

Polaris Inc. (NYSE:PII) reported Q4 FY23 sales of $2.289 billion, slightly above estimates but with a 5% year-on-year decline. Adjusted EPS of $1.98 missed estimates of $2.57. The company experienced lower volume, higher promotional spending, and higher finance interest, leading to a 287 basis point decrease in adjusted gross profit margin. Operating expenses increased, and the company anticipates a 5%-7% sales decline and a 10%-15% drop in adjusted EPS for 2024. PII shares fell by 3.14% after the earnings release.

Portfolio Pulse from Nabaparna Bhattacharya

January 30, 2024 | 3:54 pm