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KMX

CarMax (NYSE:KMX) reported Q3 earnings of $0.52 per share, surpassing the consensus estimate of $0.47, a 116.67% increase from last year. However, sales of $6.15B fell short of the $6.35B estimate, marking a 5.50% decline from the previous year.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 11:52 am

HIW

Morgan Stanley analyst Ronald Kamdem has downgraded Highwoods Properties (HIW) from Equal-Weight to Underweight and reduced the price target from $22 to $18.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 11:49 am

SPG

Morgan Stanley analyst Ronald Kamdem has downgraded Simon Property Group (NYSE:SPG) from Overweight to Equal-Weight while increasing the price target from $132 to $143.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 11:47 am

PLAY

Dave & Buster's Entertainment, Inc (NASDAQ:PLAY) announced that CFO Michael Quartieri will retire on April 30, 2024. Quartieri will remain in his role until a successor is appointed and will provide advisory services for a smooth transition. The company has engaged a recruiting firm to find a new CFO. This follows a reported 15.7% revenue increase in Q2 FY23. PLAY shares closed down 1.16% at $51.21.

Portfolio Pulse from Shivani Kumaresan

December 21, 2023 | 11:47 am

UUUU

Energy Fuels Inc. has announced the start of uranium production at three of its mines in Arizona and Utah. The company is also preparing two more mines in Colorado and Wyoming for production, expected to commence within the next year.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 11:37 am

AGAE

ASYS

GSAT

JSDA

Insiders at four penny stock companies have recently made significant share purchases. Knighted Pastures LLC bought 163,534 shares of Allied Gaming & Entertainment Inc. (AGAE) for about $233,053. Gregg Reichman acquired 150,000 shares of Jones Soda Co. (JSDA) for $21,750. James F Lynch purchased 750,000 shares of Globalstar, Inc. (GSAT) for approximately $1.26 million. Robert Averick bought 14,000 shares of Amtech Systems, Inc. (ASYS) for around $54,600. These transactions may signal insider confidence in the companies' prospects.

Portfolio Pulse from Avi Kapoor

December 21, 2023 | 11:29 am

UE

Morgan Stanley analyst Ronald Kamdem upgraded Urban Edge Properties (UE) from Underweight to Equal-Weight and increased the price target from $14 to $18.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 11:22 am

HON

ISSC

Innovative Solutions and Support Inc (ISSC) reported a 79% year-on-year increase in Q4 sales to $12.99 million, surpassing analyst estimates, largely due to product lines acquired from Honeywell International (HON). Gross profit rose 80% to $8.1 million, while operating expenses increased by 105.5%. EPS was $0.15, beating estimates of $0.09. The company's backlog stood at $13.5 million, with $3.1 million in cash and equivalents. CEO Shahram Askarpour is confident about a 40% revenue increase post full integration of Honeywell's product lines in fiscal 2024. ISSC shares closed up 5.26% at $8.

Portfolio Pulse from Shivani Kumaresan

December 21, 2023 | 11:22 am

LBRT

Wells Fargo analyst Roger Read has maintained an Overweight rating on Liberty Energy (NYSE:LBRT) but reduced the price target from $25 to $24.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 11:20 am

REG

Morgan Stanley analyst Ronald Kamdem upgraded Regency Centers (NASDAQ:REG) from Equal-Weight to Overweight and increased the price target from $62 to $75. This reflects a positive outlook on the company's stock, suggesting potential for growth.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 11:20 am