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BKNG

Booking Holdings Inc. (NASDAQ:BKNG) stock price dropped by 0.39% to $3538.57 in the current market session, despite a 1.71% increase over the past month and a 51.61% rise over the past year. The article discusses the P/E ratio of Booking Holdings in comparison to the industry average, suggesting that the company's lower P/E ratio compared to the Hotels, Restaurants & Leisure industry average of 33.92 could mean the stock is undervalued or expected to underperform. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative analysis for a comprehensive investment decision.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 4:30 pm

BA

DAL

Delta Air Lines President reported a spillover benefit from the grounding of Boeing Max 9 planes in Seattle. During a conference call, it was also mentioned that there are no plans to reduce staffing levels.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 4:05 pm

ZM

Piper Sandler analyst James Fish has maintained a Neutral rating on Zoom Video Communications (NASDAQ:ZM) and increased the price target from $69 to $72.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 4:04 pm

TWLO

Piper Sandler analyst James Fish upgraded Twilio Inc (NYSE:TWLO) from Neutral to Overweight and raised the price target from $75 to $82. The upgrade is based on four reasons: potential for higher free cash flows, emerging catalysts including a potential business split and marketing improvements, improving inputs for 2024 revenues, and the opportunity to own a top CPaaS business at a reasonable multiple. Twilio's stock rose 3.55% to $74.36 following the news.

Portfolio Pulse from Priya Nigam

January 12, 2024 | 4:02 pm

GILD

Over the past 20 years, Gilead Sciences (NASDAQ:GILD) has produced an average annual return of 12.66%, outperforming the market. A $1000 investment in GILD 20 years ago would be worth $10,853.19 today. The company's current market capitalization stands at $107.43 billion.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 4:00 pm

CSCO

Cisco Systems (NASDAQ:CSCO) is analyzed in comparison to its competitors in the Communications Equipment industry. Cisco, the world's largest networking equipment provider, shows potential for growth with a PE ratio below the industry average, a low PB ratio suggesting undervaluation, but a high PS ratio indicating possible overvaluation in sales. Despite a lower ROE, Cisco's EBITDA, gross profit, and revenue growth are significantly above the industry average, indicating strong financial performance. The company also has a favorable debt-to-equity ratio compared to its top 4 peers.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 4:00 pm

CPRT

The article provides an industry comparison of Copart (NASDAQ:CPRT) against its competitors in the Commercial Services & Supplies industry. It evaluates key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, revenue growth, and debt-to-equity ratio. Copart's valuation appears high compared to industry averages, suggesting potential overvaluation. However, its strong EBITDA and gross profit indicate robust profitability, while its low ROE and revenue growth could signal challenges in returns and business expansion. Copart's low debt-to-equity ratio suggests a strong financial position.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 4:00 pm

COST

The analysis compares Costco Wholesale (COST) to its competitors in the Consumer Staples Distribution & Retail industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Costco's P/E, P/B, and P/S ratios are significantly higher than the industry average, indicating a premium valuation. However, its ROE and EBITDA are also higher, suggesting profitability and operational efficiency. In contrast, Costco's gross profit and revenue growth are below the industry average, which could signal challenges ahead.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 4:00 pm

CRH

CRH Inc. (NYSE:CRH) stock has risen by 0.77% in the current session to $69.25, with a 3.23% increase over the past month and a 55.19% increase over the past year. The company's P/E ratio of 17.85 is lower than the Construction Materials industry average of 56.82, which could indicate potential undervaluation or weaker growth prospects.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 4:00 pm

BURBY

LVMHF

PPRUY

Burberry Group PLC (OTC:BURBY) reported a 7% Y/Y decline in retail revenue and a 4% Y/Y drop in comparable store sales for the 13 weeks ending Dec. 30, 2023. The company lowered its FY24 adjusted operating profit forecast to £410-460 million, citing a slowdown in luxury goods demand. Shares fell 7% in morning trading, and other luxury stocks like LVMH (OTC:LVMHF) and Kering SA (OTC:PPRUY) also saw declines. Burberry remains committed to a £4 billion revenue target but expects currency headwinds and a high-single-digit percentage decline in wholesale revenue for FY24.

Portfolio Pulse from Lekha Gupta

January 12, 2024 | 3:57 pm