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SCHW

Charles Schwab Corp (NYSE:SCHW) reported Q4 earnings that exceeded expectations with an adjusted EPS of 68 cents, surpassing the consensus of 64 cents. Analysts from JMP Securities and Keefe, Bruyette & Woods provided their perspectives, with JMP reiterating a Market Outperform rating and a $77 price target, while Keefe downgraded the stock from Outperform to Market Perform and reduced the price target from $75 to $70. The company is undergoing a balance sheet repositioning in anticipation of a 'transition year' in 2024, with expectations of long-term positive outcomes including potential share repurchase program reinstatement by end of 2024 and significant net interest margin (NIM) expansion.

Portfolio Pulse from Surbhi Jain

January 18, 2024 | 4:07 pm

GT

STLA

Goodyear Tire & Rubber Co (GT) has appointed Mark Stewart as the new CEO and President, effective January 29, 2024. Stewart, previously COO of North America at Stellantis N.V. (STLA), will succeed Richard J. Kramer. The change in leadership follows a shareholder activism campaign by Elliott Investment Management, which led to a cooperation agreement and the creation of a Strategic and Operational Review Committee at Goodyear. GT shares rose 2.13% to $14.18 following the announcement.

Portfolio Pulse from Lekha Gupta

January 18, 2024 | 4:05 pm

NVVE

Nuvve Holding Corp. (NASDAQ:NVVE) announced a 1-for-40 reverse stock split effective Jan. 19, 2024, with trading on a split-adjusted basis starting Jan. 22, 2024. The reverse stock split will reduce the number of outstanding shares from approximately 49.9 million to about 1.3 million. The action aims to comply with Nasdaq's minimum bid price requirement for continued listing. Following the news, NVVE shares fell by 13.2% to $0.0875.

Portfolio Pulse from Nabaparna Bhattacharya

January 18, 2024 | 4:05 pm

ROKU

Over the past 5 years, Roku (NASDAQ:ROKU) has delivered an average annual return of 16.13%, outperforming the market. A $1000 investment in ROKU 5 years ago would now be worth $2,112.50. Roku's market capitalization stands at $12.01 billion.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 4:02 pm

ELF

e.l.f. Beauty (NYSE:ELF) has significantly outperformed the market, with an average annual return of 80.24% over the past 5 years. An investment of $100 in ELF stock 5 years ago would be worth $1,901.96 today. The company's current market capitalization stands at $8.56 billion.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 4:02 pm

HOTH

Hoth Therapeutics' stock is trading higher following the announcement of FDA approval to expand its HT-001 clinical trial.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 4:01 pm

MSFT

The article provides an analysis of Microsoft (NASDAQ:MSFT) in comparison to its competitors in the Software industry. It examines financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Microsoft shows potential value with a lower P/E ratio than the industry average, a lower P/B ratio suggesting undervaluation, but a higher P/S ratio indicating possible overvaluation. The company's ROE is below the industry average, but it has a strong EBITDA and gross profit, indicating robust profitability. However, Microsoft's revenue growth is slightly lower than the industry average. The company also has a lower debt-to-equity ratio compared to its top 4 peers, suggesting a strong financial position.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 4:00 pm

NVDA

NVIDIA (NASDAQ:NVDA) is analyzed in comparison to its competitors in the Semiconductors & Semiconductor Equipment industry. Key financial metrics show NVIDIA has a lower P/E ratio than the industry average, suggesting potential for growth. However, its high P/B and P/S ratios may indicate overvaluation. NVIDIA's ROE is significantly higher than the industry average, indicating efficient equity use. Despite lower EBITDA and gross profit compared to the industry, NVIDIA's revenue growth far exceeds the industry average. NVIDIA also has a lower debt-to-equity ratio compared to its top 4 peers, indicating a stronger financial position.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 4:00 pm

WABC

Westamerica Bancorp (NASDAQ:WABC) reported Q4 earnings of $1.48 per share, surpassing the consensus estimate of $1.46, marking a 1.37% year-over-year increase. However, their quarterly sales of $80.73M fell slightly short of the $80.86M estimate, though they were up 1.40% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 3:58 pm

PCSA

Processa Pharmaceuticals Inc (NASDAQ:PCSA) shares dropped 23% to $0.21 after announcing a 1-for-20 reverse stock split to meet Nasdaq's minimum bid price requirement. The split will reduce outstanding shares from 24.6 million to 1.2 million, effective January 22, with no fractional shares issued. Continental Stock Transfer & Trust will act as the exchange agent for the reverse stock split. PCSA's 52-week range is $0.18 to $1.27.

Portfolio Pulse from Henry Khederian

January 18, 2024 | 3:58 pm