Orsted (OTC:DNNGY) Stock, Quote.Headers.trade-ideas

Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 initial public offering. Orsted is now focused on renewable assets, especially offshore wind farms. It operated 8.9 gigawatts of offshore wind farms at the end of 2023. The United Kingdom is the biggest country of operation, ahead of Germany and Denmark. The group intends to develop its footprint outside Europe with projects in Taiwan and in the US Orsted also operates 4.8 GW of onshore wind and solar assets concentrated in the United States. The company is also involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.

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Orsted invests in battery energy storage system to stabilize UK energy supply and reduce price volatility. Tesla&#39;s system will be installed at Hornsea 3 Wind Farm.

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Airbus SE (OTC: EADSY), easyJet plc (OTC: EJTTF), and Rolls Royce Holdings Plc (OTC: RLLCF) have formed a conso

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Litecoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>) price has increased 3.58% over the past 24 hours to $65.12. Over the past week, LTC has experienced an uptick of over 5.0%, moving from $61.93 to its current price. As it stands right now, the coin's all-time high is $410.26. 
The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1726758227_0.png" alt="price_chart" />
Litecoin's trading volume has climbed 22.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.38%. This brings the circulating supply to 74.99 million, which makes up an estimated 89.28% of its max supply of 84.00 million. According to our data, the current market cap ranking for LTC is #25 at $4.88 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1726758227_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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$LTC

Cryptocurrency Litecoin Rises More Than 3% In 24 hours

Over the past 24 hours, Aptos's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">APT</a>) price rose 14.46% to $6.61. This continues its positive trend over the past week where it has experienced a 8.0% gain, moving from $6.12 to its current price. As it stands right now, the coin's all-time high is $19.92. 
The chart below compares the price movement and volatility for Aptos over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1726758156_0.png" alt="price_chart" />
The trading volume for the coin has increased 106.0% over the past week while the overall circulating supply of the coin has increased 2.84% to over 500.08 million. The current market cap ranking for APT is #32 at $3.31 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1726758157_1.png" alt="supply_and_vol" />
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

$APT

Cryptocurrency Aptos's Price Increased More Than 14% Within 24 hours

Over the past 24 hours, Wrapped stETH's (CRYPTO:WSTETH) price has risen 5.99% to $2,868.31. This continues its positive trend over the past week where it has experienced a 4.0% gain, moving from $2,758.98 to its current price. As it stands right now, the coin's all-time high is $7,256.02. 
The chart below compares the price movement and volatility for Wrapped stETH over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1726758148_0.png" alt="price_chart" />
Wrapped stETH's trading volume has climbed 13.0% over the past week along with the circulating supply of the coin, which has increased 0.3%. This brings the circulating supply to 3.46 million. According to our data, the current market cap ranking for WSTETH is #14 at $9.91 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1726758148_1.png" alt="supply_and_vol" />
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Wrapped stETH Up More Than 5% In 24 hours

Over the past 24 hours, WETH's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">WETH</a>) price has risen 5.67% to $2,428.12. This continues its positive trend over the past week where it has experienced a 4.0% gain, moving from $2,334.73 to its current price. As it stands right now, the coin's all-time high is $4,799.89. 
The chart below compares the price movement and volatility for WETH over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1726758078_0.png" alt="price_chart" />
The trading volume for the coin has climbed 41.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 1.28%. This brings the circulating supply to 2.92 million. According to our data, the current market cap ranking for WETH is #17 at $7.08 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1726758078_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$WETH

WETH Up More Than 5% In 24 hours

Making a noteworthy insider sell on September 18, Edmond Villani, Board Member at Cohen &amp; Steers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNS#NYSE">CNS</a>), is reported in the latest SEC filing.
What Happened: Villani's recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001284812/000128481224000328//Archives/edgar/data/1284812/000128481224000328/0001284812-24-000328-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday unveiled the sale of 3,000 shares of Cohen &amp; Steers. The total transaction value is $290,280.
As of Thursday morning, Cohen &amp; Steers shares are down by 0.0%, currently priced at $95.37.
<h3>All You Need to Know About Cohen &amp; Steers</h3>
Cohen &amp; Steers is a niche asset manager concentrating on real estate securities. The firm invests mainly in the equity shares of real estate investment trusts, with holdings in domestic and international real estate securities accounting for close to two thirds of its $79.3 billion in managed assets at the end of January 2024. Cohen &amp; Steers also manages portfolios dedicated to preferred securities, utilities stocks, and other high-yield offerings. The firm's distribution is balanced among its closed-end funds, open-end funds, and institutional accounts. During the past four calendar quarters, the company garnered 42% (27%) of its managed assets (base management fees) from institutional clients, 45% (52%) from open-end funds, and 13% (21%) from closed-end funds.
<h3>Understanding the Numbers: Cohen &amp; Steers's Finances</h3>
Revenue Growth: Over the 3 months period, Cohen &amp; Steers showcased positive performance, achieving a revenue growth rate of 2.19% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Interpreting Earnings Metrics:
<ul>
<li>
Gross Margin: With a low gross margin of 47.65%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Cohen &amp; Steers's EPS reflects a decline, falling below the industry average with a current EPS of 0.63.
</li>
</ul>
Debt Management: Cohen &amp; Steers's debt-to-equity ratio is below the industry average at 0.31, reflecting a lower dependency on debt financing and a more conservative financial approach.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 37.4 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 9.45 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 24.37, the company's EV/EBITDA ratio outperforms industry norms, reflecting positive market perception. This positioning indicates optimistic expectations for the company's future performance.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Impact of Insider Transactions on Investments</h3>
Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>A Closer Look at Important Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001284812">Check Out The Full List Of Cohen &amp; Steers's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Edmond Villani Implements A Sell Strategy: Offloads $290K In Cohen & Steers Stock

KEYS

Keysight Expands PNA-X Vector Network Analyzer Portfolio With NA520xA, Offering Greater Versatility And Simplified Test Setups For Bi-Directional Noise Figure And Intermodulation Distortion Testing

On September 18, a recent SEC filing unveiled that Taylor Family Investments LLC, Director at Mission Produce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVO#NASDAQ">AVO</a>) made an insider sell.
What Happened: LLC opted to sell 297,072 shares of Mission Produce, according to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001802974/000145934924000002//Archives/edgar/data/1802974/000145934924000002/0001459349-24-000002-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The transaction's total worth stands at $3,884,632.
The latest market snapshot at Thursday morning reveals Mission Produce shares up by 0.07%, trading at $13.37.
<h3>All You Need to Know About Mission Produce</h3>
Mission Produce Inc is engaged in the business of producing and distributing avocados, serving retail, wholesale, and food service customers. Also, the company provides additional services like ripening, bagging, custom packing, and logistical management. The company's operating segments include Marketing and Distribution and International Farming and Blueberries. It generates maximum revenue from the Marketing and Distribution segment. The Marketing and Distribution segment sources fruit mainly from growers and then distributes fruit through a distribution network.
<h3>A Deep Dive into Mission Produce's Financials</h3>
Positive Revenue Trend: Examining Mission Produce's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 23.95% as of 31 July, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Staples sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: With a low gross margin of 11.42%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Mission Produce's EPS is below the industry average. The company faced challenges with a current EPS of 0.17. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Mission Produce's debt-to-equity ratio is below the industry average at 0.45, reflecting a lower dependency on debt financing and a more conservative financial approach.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 40.52 is lower than the industry average, implying a discounted valuation for Mission Produce's stock.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.83, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Mission Produce's EV/EBITDA ratio of 12.97 exceeds industry averages, indicating a premium valuation in the market
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Uncovering the Importance of Insider Activity</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Deciphering Transaction Codes in Insider Filings</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001802974">Check Out The Full List Of Mission Produce's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Mission Produce Insider Trades Send A Signal

Disclosed on September 18, Jay A Pack, Board Member at Mission Produce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVO#NASDAQ">AVO</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: Pack's decision to sell 145,350 shares of Mission Produce was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001802974/000182587924000007//Archives/edgar/data/1802974/000182587924000007/0001825879-24-000007-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $1,922,893.
During Thursday's morning session, Mission Produce shares up by 0.07%, currently priced at $13.37.
<h3>Delving into Mission Produce's Background</h3>
Mission Produce Inc is engaged in the business of producing and distributing avocados, serving retail, wholesale, and food service customers. Also, the company provides additional services like ripening, bagging, custom packing, and logistical management. The company's operating segments include Marketing and Distribution and International Farming and Blueberries. It generates maximum revenue from the Marketing and Distribution segment. The Marketing and Distribution segment sources fruit mainly from growers and then distributes fruit through a distribution network.
<h3>Mission Produce: Delving into Financials</h3>
Revenue Growth: Mission Produce's revenue growth over a period of 3 months has been noteworthy. As of 31 July, 2024, the company achieved a revenue growth rate of approximately 23.95%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Consumer Staples sector, the company excelled with a growth rate higher than the average among peers.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 11.42%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Mission Produce exhibits below-average bottom-line performance with a current EPS of 0.17.
</li>
</ul>
Debt Management: Mission Produce's debt-to-equity ratio is below the industry average at 0.45, reflecting a lower dependency on debt financing and a more conservative financial approach.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 40.52 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 0.83 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 12.97 reflects market recognition of Mission Produce's value, positioning it as more highly valued compared to industry peers.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Delving Into the Significance of Insider Transactions</h3>
Considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Essential Transaction Codes Unveiled</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001802974">Check Out The Full List Of Mission Produce's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Mission Produce Board Member Sold $1.92M In Company Stock

It was reported on September 18, that MICHAEL HARTNETT, President and CEO at RBC Bearings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBC#NYSE">RBC</a>) executed a significant insider sell, according to an SEC filing.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001324948/000159396824001207//Archives/edgar/data/1324948/000159396824001207/0001593968-24-001207-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday showed that HARTNETT sold 12,503 shares of RBC Bearings. The total transaction amounted to $3,630,287. 
During Thursday's morning session, RBC Bearings shares down by 0.0%, currently priced at $292.16.
<h3>Discovering RBC Bearings: A Closer Look</h3>
RBC Bearings Inc is an international manufacturer and marketer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The end market is the United States of America. The company has two reportable segments: Aerospace Defense segment represents the end markets for the company's highly engineered bearings and precision components used in commercial aerospace, defense aerospace, and sea and ground defense applications; and Industrial segment represents the end markets for the company's engineered bearings and precision components used in various industrial applications. It derives maximum revenue from Industrial Segment.
<h3>Financial Milestones: RBC Bearings's Journey</h3>
Revenue Growth: RBC Bearings displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 4.96%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 45.29%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): RBC Bearings's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 1.92.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.42.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 43.03, RBC Bearings's stock is perceived as being overvalued in the market.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 5.41, RBC Bearings's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 20.42 reflects market recognition of RBC Bearings's value, positioning it as more highly valued compared to industry peers.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Exploring the Significance of Insider Trading</h3>
Insider transactions are not the sole determinant of investment choices, but they are a factor worth considering.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001324948">Check Out The Full List Of RBC Bearings's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Selling: MICHAEL HARTNETT Unloads $3.63M Of RBC Bearings Stock

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Caesars Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>) ("Caesars") launched the Caesars Sportsbook Muckleshoot app, which is now accepting mobile sports bets at Muckleshoot Casino Resort in Auburn, Washington. Guests 21 and older who are interested in wagering on mobile devices can <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.caesars.com%2Fsportsbook-and-casino%2Fwa-ms%2Fget-the-app%2F&amp;esheet=54124397&amp;newsitemid=20240919791651&amp;lan=en-US&amp;anchor=download&amp;index=1&amp;md5=2c08b8ebb2f8e9fae8a6b5a395f171e5">download</a> the Caesars Sportsbook Muckleshoot app and must be physically present on the property at Muckleshoot to verify their registration for an account and place wagers during their visit, in accordance with state law.

Caesars Sportsbook Expands Sports Betting Offering In Washington State With Mobile Wagering Launch At Muckleshoot Casino Resort

In today's rapidly changing and highly competitive business world, it is vital for investors and industry enthusiasts to carefully assess companies. In this article, we will perform a comprehensive industry comparison, evaluating AbbVie (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>) against its key competitors in the Biotechnology industry. By analyzing important financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company's performance within the industry.
<h3>AbbVie Background</h3>
AbbVie is a pharmaceutical firm with a strong exposure to immunology (with Humira, Skyrizi, and Rinvoq) and oncology (with Imbruvica and Venclexta). The company was spun off from Abbott in early 2013. The 2020 acquisition of Allergan added several new products and drugs in aesthetics (including Botox).
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>AbbVie Inc</td>
<td>64.53</td>
<td>50.28</td>
<td>6.22</td>
<td>18.4%</td>
<td>$5.0</td>
<td>$10.26</td>
<td>4.31%</td>
</tr>
<tr>
<td>Amgen Inc</td>
<td>57.40</td>
<td>30.19</td>
<td>5.81</td>
<td>13.63%</td>
<td>$3.0</td>
<td>$5.15</td>
<td>20.07%</td>
</tr>
<tr>
<td>Regeneron Pharmaceuticals Inc</td>
<td>30.15</td>
<td>4.45</td>
<td>9.66</td>
<td>5.19%</td>
<td>$1.76</td>
<td>$3.07</td>
<td>12.32%</td>
</tr>
<tr>
<td>Gilead Sciences Inc</td>
<td>102.32</td>
<td>5.71</td>
<td>3.78</td>
<td>9.01%</td>
<td>$2.98</td>
<td>$5.41</td>
<td>5.36%</td>
</tr>
<tr>
<td>Biogen Inc</td>
<td>24.92</td>
<td>1.81</td>
<td>2.98</td>
<td>3.75%</td>
<td>$0.92</td>
<td>$1.92</td>
<td>0.36%</td>
</tr>
<tr>
<td>Genmab AS</td>
<td>20.81</td>
<td>3.60</td>
<td>6.06</td>
<td>4.44%</td>
<td>$2.15</td>
<td>$5.21</td>
<td>29.58%</td>
</tr>
<tr>
<td>United Therapeutics Corp</td>
<td>15.74</td>
<td>2.68</td>
<td>6.44</td>
<td>5.04%</td>
<td>$0.39</td>
<td>$0.64</td>
<td>19.85%</td>
</tr>
<tr>
<td>Biomarin Pharmaceutical Inc</td>
<td>53.89</td>
<td>2.56</td>
<td>5.34</td>
<td>2.07%</td>
<td>$0.16</td>
<td>$0.58</td>
<td>19.61%</td>
</tr>
<tr>
<td>Incyte Corp</td>
<td>158.93</td>
<td>4.19</td>
<td>3.78</td>
<td>-10.6%</td>
<td>$-0.37</td>
<td>$0.97</td>
<td>9.34%</td>
</tr>
<tr>
<td>Neurocrine Biosciences Inc</td>
<td>36.10</td>
<td>4.82</td>
<td>5.81</td>
<td>2.66%</td>
<td>$0.16</td>
<td>$0.58</td>
<td>30.37%</td>
</tr>
<tr>
<td>Sarepta Therapeutics Inc</td>
<td>166.68</td>
<td>11.07</td>
<td>8.12</td>
<td>0.63%</td>
<td>$0.03</td>
<td>$0.32</td>
<td>38.93%</td>
</tr>
<tr>
<td>Roivant Sciences Ltd</td>
<td>2.09</td>
<td>1.63</td>
<td>63.42</td>
<td>1.67%</td>
<td>$0.09</td>
<td>$0.05</td>
<td>154.96%</td>
</tr>
<tr>
<td>Halozyme Therapeutics Inc</td>
<td>24.15</td>
<td>27.27</td>
<td>9.34</td>
<td>39.91%</td>
<td>$0.14</td>
<td>$0.19</td>
<td>4.67%</td>
</tr>
<tr>
<td>Average</td>
<td>57.77</td>
<td>8.33</td>
<td>10.88</td>
<td>6.45%</td>
<td>$0.95</td>
<td>$2.01</td>
<td>28.79%</td>
</tr>
</tbody>
</table>
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 </style>Through a detailed examination of AbbVie, we can deduce the following trends: 
<ul>
<li>
The Price to Earnings ratio of 64.53 for this company is 1.12x above the industry average, indicating a premium valuation associated with the stock.
</li>
<li>
It could be trading at a premium in relation to its book value, as indicated by its Price to Book ratio of 50.28 which exceeds the industry average by 6.04x.
</li>
<li>
With a relatively low Price to Sales ratio of 6.22, which is 0.57x the industry average, the stock might be considered undervalued based on sales performance.
</li>
<li>
The company has a higher Return on Equity (ROE) of 18.4%, which is 11.95% above the industry average. This suggests efficient use of equity to generate profits and demonstrates profitability and growth potential.
</li>
<li>
The company exhibits higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $5.0 Billion, which is 5.26x above the industry average, implying stronger profitability and robust cash flow generation.
</li>
<li>
Compared to its industry, the company has higher gross profit of $10.26 Billion, which indicates 5.1x above the industry average, indicating stronger profitability and higher earnings from its core operations.
</li>
<li>
The company's revenue growth of 4.31% is significantly below the industry average of 28.79%. This suggests a potential struggle in generating increased sales volume.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726758052_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio helps evaluate the capital structure and financial leverage of a company.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
When assessing AbbVie against its top 4 peers using the Debt-to-Equity ratio, the following comparisons can be made:
<ul>
<li>
When evaluating the debt-to-equity ratio, AbbVie is in the middle position among its top 4 peers.
</li>
<li>
The company maintains a moderate level of debt relative to its equity with a debt-to-equity ratio of 10.42, suggesting a relatively balanced financial structure.
</li>
</ul>
<h3>Key Takeaways</h3>
For AbbVie, the PE, PB, and PS ratios are all high compared to its peers in the Biotechnology industry, indicating potentially overvalued stock. On the other hand, AbbVie's high ROE, EBITDA, and gross profit suggest strong profitability and operational efficiency relative to industry peers. However, the low revenue growth rate may raise concerns about the company's future performance compared to its competitors in the sector.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ABBV

Competitor Analysis: Evaluating AbbVie And Competitors In Biotechnology Industry

On September 19, a recent SEC filing unveiled that Samuel Kapourales, Director at Energy Servs of America (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESOA#NASDAQ">ESOA</a>) made an insider sell.
What Happened: Kapourales's recent move involves selling 50,000 shares of Energy Servs of America. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001357971/000110465924101199//Archives/edgar/data/1357971/000110465924101199/0001104659-24-101199-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total value is $505,000.
Energy Servs of America's shares are actively trading at $10.71, experiencing a up of 7.1% during Thursday's morning session.
<h3>Get to Know Energy Servs of America Better</h3>
Energy Services of America Corporation is engaged in providing contracting services for energy-related companies. The company is predominantly engaged in the construction, replacement, and repair of natural gas pipelines and storage facilities for utility companies and private natural gas companies. It services the gas, petroleum, power, chemical, and automotive industries and does incidental work such as water and sewer projects. Energy Service's other services include liquid pipeline construction, pump station construction, production facility construction, water and sewer pipeline installations, various maintenance and repair services, and other services related to pipeline construction.
<h3>A Deep Dive into Energy Servs of America's Financials</h3>
Revenue Growth: Over the 3 months period, Energy Servs of America showcased positive performance, achieving a revenue growth rate of 0.46% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Energy sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 17.82%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Energy Servs of America's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 1.06.
</li>
</ul>
Debt Management: Energy Servs of America's debt-to-equity ratio surpasses industry norms, standing at 0.66. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Evaluating Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Energy Servs of America's P/E ratio of 6.9 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 0.47 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Energy Servs of America's EV/EBITDA ratio, lower than industry averages at 4.2, indicates attractively priced shares.
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
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<h3>Unmasking the Significance of Insider Transactions</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Transaction Codes Worth Your Attention</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001357971">Check Out The Full List Of Energy Servs of America's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ESOA

Sell Alert: Samuel Kapourales Cashes Out $505K In Energy Servs of America Stock

On September 18, it was revealed in an SEC filing that Matthew E Korenberg, President &amp; COO at Ligand Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGND#NASDAQ">LGND</a>) executed a significant exercise of company stock options.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000886163/000200101124000082//Archives/edgar/data/886163/000200101124000082/0002001011-24-000082-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday showed that Korenberg, President &amp; COO at Ligand Pharmaceuticals, a company in the Health Care sector, just exercised stock options worth 5,774 shares of LGND stock with an exercise price of $58.49.
Ligand Pharmaceuticals shares are currently trading down by 0.0%, with a current price of $103.68 as of Thursday morning. This brings the total value of Korenberg's 5,774 shares to $260,951.
<h3>Discovering Ligand Pharmaceuticals: A Closer Look</h3>
Ligand Pharmaceuticals Inc is a biopharmaceutical company focused on developing and acquiring technologies that aid in creating medicine. The company has partnerships and license agreements with various pharmaceutical and biotechnology companies. Ligand's business model is based on drug discovery, early-stage drug development, product reformulation, and partnerships. The company's revenue consists of three primary elements: royalties from commercialized products, license and milestone payments, and sale of its trademarked Captisol material.
<h3>Breaking Down Ligand Pharmaceuticals's Financial Performance</h3>
Positive Revenue Trend: Examining Ligand Pharmaceuticals's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 57.52% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Health Care sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 93.0%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Ligand Pharmaceuticals's EPS reflects a decline, falling below the industry average with a current EPS of -2.88.
</li>
</ul>
Debt Management: Ligand Pharmaceuticals's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.01.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 44.5 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 13.96 is above industry norms, reflecting an elevated valuation for Ligand Pharmaceuticals's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Ligand Pharmaceuticals's EV/EBITDA ratio, surpassing industry averages at 18.86, positions it with an above-average valuation in the market.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Exploring the Significance of Insider Trading</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Transaction Codes Worth Your Attention</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000886163">Check Out The Full List Of Ligand Pharmaceuticals's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

LGND

Matthew E Korenberg At Ligand Pharmaceuticals Executes Options Exercise, Realizing $260K

Stifel analyst Matthew Smith maintains General Mills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>) with a Buy and raises the price target from $70 to $82.

Price Target

Analyst Ratings

Stifel Maintains Buy on General Mills, Raises Price Target to $82

In today's rapidly changing and highly competitive business world, it is vital for investors and industry enthusiasts to carefully assess companies. In this article, we will perform a comprehensive industry comparison, evaluating Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) against its key competitors in the Semiconductors &amp; Semiconductor Equipment industry. By analyzing important financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company's performance within the industry.
<h3>Advanced Micro Devices Background</h3>
Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications, among others. AMD's traditional strength was in central processing units, CPUs, and graphics processing units, or GPUs, used in PCs and data centers. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. In 2022, the firm acquired field-programmable gate array, or FPGA, leader Xilinx to diversify its business and augment its opportunities in key end markets such as the data center and automotive.
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Advanced Micro Devices Inc</td>
<td>176.54</td>
<td>4.25</td>
<td>10.44</td>
<td>0.47%</td>
<td>$1.12</td>
<td>$2.86</td>
<td>8.88%</td>
</tr>
<tr>
<td>NVIDIA Corp</td>
<td>53.15</td>
<td>47.82</td>
<td>29.31</td>
<td>30.94%</td>
<td>$19.71</td>
<td>$22.57</td>
<td>122.4%</td>
</tr>
<tr>
<td>Taiwan Semiconductor Manufacturing Co Ltd</td>
<td>29.55</td>
<td>7.30</td>
<td>11.35</td>
<td>6.67%</td>
<td>$474.12</td>
<td>$358.12</td>
<td>40.07%</td>
</tr>
<tr>
<td>Broadcom Inc</td>
<td>130.59</td>
<td>11.50</td>
<td>16.01</td>
<td>-2.77%</td>
<td>$6.39</td>
<td>$8.36</td>
<td>47.27%</td>
</tr>
<tr>
<td>Qualcomm Inc</td>
<td>21.52</td>
<td>7.60</td>
<td>5.09</td>
<td>8.67%</td>
<td>$2.87</td>
<td>$5.22</td>
<td>11.15%</td>
</tr>
<tr>
<td>Texas Instruments Inc</td>
<td>34.78</td>
<td>10.65</td>
<td>11.44</td>
<td>6.59%</td>
<td>$1.76</td>
<td>$2.21</td>
<td>-15.65%</td>
</tr>
<tr>
<td>ARM Holdings PLC</td>
<td>341.98</td>
<td>25.61</td>
<td>41.46</td>
<td>4.07%</td>
<td>$0.23</td>
<td>$0.91</td>
<td>39.11%</td>
</tr>
<tr>
<td>Analog Devices Inc</td>
<td>67.06</td>
<td>3.14</td>
<td>11.46</td>
<td>1.11%</td>
<td>$1.04</td>
<td>$1.31</td>
<td>-24.84%</td>
</tr>
<tr>
<td>Intel Corp</td>
<td>86.54</td>
<td>0.77</td>
<td>1.60</td>
<td>-1.46%</td>
<td>$0.86</td>
<td>$4.55</td>
<td>-0.9%</td>
</tr>
<tr>
<td>Monolithic Power Systems Inc</td>
<td>102.40</td>
<td>19.10</td>
<td>22.20</td>
<td>4.66%</td>
<td>$0.13</td>
<td>$0.28</td>
<td>15.03%</td>
</tr>
<tr>
<td>Microchip Technology Inc</td>
<td>30.42</td>
<td>6.40</td>
<td>6.33</td>
<td>1.98%</td>
<td>$0.41</td>
<td>$0.74</td>
<td>-45.76%</td>
</tr>
<tr>
<td>ON Semiconductor Corp</td>
<td>16.09</td>
<td>3.63</td>
<td>3.99</td>
<td>4.11%</td>
<td>$0.58</td>
<td>$0.78</td>
<td>-17.15%</td>
</tr>
<tr>
<td>First Solar Inc</td>
<td>21.59</td>
<td>3.57</td>
<td>6.91</td>
<td>4.94%</td>
<td>$0.48</td>
<td>$0.5</td>
<td>24.65%</td>
</tr>
<tr>
<td>STMicroelectronics NV</td>
<td>7.36</td>
<td>1.42</td>
<td>1.71</td>
<td>3.51%</td>
<td>$1.31</td>
<td>$1.15</td>
<td>-25.29%</td>
</tr>
<tr>
<td>GLOBALFOUNDRIES Inc</td>
<td>26.84</td>
<td>1.92</td>
<td>3.17</td>
<td>1.38%</td>
<td>$0.56</td>
<td>$0.4</td>
<td>-11.54%</td>
</tr>
<tr>
<td>United Microelectronics Corp</td>
<td>12.62</td>
<td>1.88</td>
<td>2.95</td>
<td>3.76%</td>
<td>$27.9</td>
<td>$19.98</td>
<td>0.89%</td>
</tr>
<tr>
<td>ASE Technology Holding Co Ltd</td>
<td>19.16</td>
<td>2.19</td>
<td>1.14</td>
<td>2.62%</td>
<td>$26.08</td>
<td>$23.07</td>
<td>2.91%</td>
</tr>
<tr>
<td>Skyworks Solutions Inc</td>
<td>19.87</td>
<td>2.42</td>
<td>3.55</td>
<td>1.9%</td>
<td>$0.25</td>
<td>$0.36</td>
<td>-15.47%</td>
</tr>
<tr>
<td>Universal Display Corp</td>
<td>43.86</td>
<td>6.35</td>
<td>15.63</td>
<td>3.47%</td>
<td>$0.07</td>
<td>$0.12</td>
<td>8.15%</td>
</tr>
<tr>
<td>MACOM Technology Solutions Holdings Inc</td>
<td>101.02</td>
<td>6.68</td>
<td>10.73</td>
<td>1.88%</td>
<td>$0.04</td>
<td>$0.1</td>
<td>28.25%</td>
</tr>
<tr>
<td>Lattice Semiconductor Corp</td>
<td>38.29</td>
<td>10.27</td>
<td>11.54</td>
<td>3.28%</td>
<td>$0.04</td>
<td>$0.08</td>
<td>-34.72%</td>
</tr>
<tr>
<td>Cirrus Logic Inc</td>
<td>22.84</td>
<td>3.55</td>
<td>3.71</td>
<td>2.3%</td>
<td>$0.07</td>
<td>$0.19</td>
<td>17.98%</td>
</tr>
<tr>
<td>Average</td>
<td>58.45</td>
<td>8.75</td>
<td>10.54</td>
<td>4.46%</td>
<td>$26.9</td>
<td>$21.48</td>
<td>7.93%</td>
</tr>
</tbody>
</table>
<style>
 table {
 width: 100%;
 border-collapse: collapse;
 font-family: Arial, sans-serif;
 font-size: 14px;
 }

 th, td {
 padding: 8px;
 text-align: left;
 }

 th {
 background-color: #293a5a;
 color: #fff;
 text-align: left;
 }

 tr:nth-child(even) {
 background-color: #f2f4f8;
 }

 tr:hover {
 background-color: #e1e4ea;
 }

 td:nth-child(3), td:nth-child(5) {
 text-align: left;
 }

 .dividend-amount {
 font-weight: bold;
 color: #0d6efd;
 }

 .dividend-frequency {
 font-size: 12px;
 color: #6c757d;
 }
 </style>By conducting an in-depth analysis of Advanced Micro Devices, we can identify the following trends: 
<ul>
<li>
Notably, the current Price to Earnings ratio for this stock, 176.54, is 3.02x above the industry norm, reflecting a higher valuation relative to the industry.
</li>
<li>
With a Price to Book ratio of 4.25, significantly falling below the industry average by 0.49x, it suggests undervaluation and the possibility of untapped growth prospects.
</li>
<li>
The Price to Sales ratio is 10.44, which is 0.99x the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
With a Return on Equity (ROE) of 0.47% that is 3.99% below the industry average, it appears that the company exhibits potential inefficiency in utilizing equity to generate profits.
</li>
<li>
The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $1.12 Billion is 0.04x below the industry average, suggesting potential lower profitability or financial challenges.
</li>
<li>
With lower gross profit of $2.86 Billion, which indicates 0.13x below the industry average, the company may experience lower revenue after accounting for production costs.
</li>
<li>
The company's revenue growth of 8.88% is notably higher compared to the industry average of 7.93%, showcasing exceptional sales performance and strong demand for its products or services.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726758041_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio is an important measure to assess the financial structure and risk profile of a company.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
By analyzing Advanced Micro Devices in relation to its top 4 peers based on the Debt-to-Equity ratio, the following insights can be derived:
<ul>
<li>
Compared to its top 4 peers, Advanced Micro Devices has a stronger financial position indicated by its lower debt-to-equity ratio of 0.04.
</li>
<li>
This suggests that the company relies less on debt financing and has a more favorable balance between debt and equity, which can be seen as a positive attribute by investors.
</li>
</ul>
<h3>Key Takeaways</h3>
For Advanced Micro Devices, the PE ratio is high compared to peers, indicating potentially overvalued stock. The PB and PS ratios are low, suggesting undervaluation relative to industry competitors. In terms of ROE, EBITDA, gross profit, and revenue growth, Advanced Micro Devices lags behind its peers, indicating weaker financial performance and growth prospects within the Semiconductors &amp; Semiconductor Equipment industry.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Comparing Advanced Micro Devices With Industry Competitors In Semiconductors &amp; Semiconductor Equipment Industry

A substantial insider activity was disclosed on September 19, as ONeil, President and COO at Kirby (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEX#NYSE">KEX</a>), reported the exercise of a large sell of company stock options.
What Happened: ONeil, President and COO at Kirby, made a strategic move by exercising stock options for 10,698 shares of KEX as detailed in a Form 4 filing on Thursday with the <a href="https://www.sec.gov/Archives/edgar/data/0000056047/000095017024108012//Archives/edgar/data/56047/000095017024108012/0000950170-24-108012-index.htm">U.S. Securities and Exchange Commission</a>. The transaction value amounted to $508,796.
As of Thursday morning, Kirby shares are down by 0.0%, with a current price of $123.06. This implies that ONeil's 10,698 shares have a value of $508,796.
<h3>About Kirby</h3>
Kirby Corp is a domestic tank barge operator, transporting bulk liquid products throughout three United States coasts. The Company transports petrochemicals, black oil, refined petroleum products, and agricultural chemicals by tank barge. The Company conducts operations in two reportable business segments: The Marine transportation segment which provides marine transportation services, operating tank barges and towing vessels transporting bulk liquid products, and the Distribution and services segment, which provides after-market service, and genuine replacement parts for engines, transmissions, reduction gears, and power generation equipment used in oil and gas and commercial and industrial applications. The company's revenue is generated from the Marine Transportation segment.
<h3>Unraveling the Financial Story of Kirby</h3>
Revenue Growth: Kirby's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 6.07%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 25.56%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Kirby's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 1.44.
</li>
</ul>
Debt Management: Kirby's debt-to-equity ratio is below the industry average at 0.38, reflecting a lower dependency on debt financing and a more conservative financial approach.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: A higher-than-average P/E ratio of 26.13 suggests caution, as the stock may be overvalued in the eyes of investors.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 2.28 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Kirby's EV/EBITDA ratio of 12.89 exceeds industry averages, indicating a premium valuation in the market
</li>
</ul>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
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<h3>Why Insider Activity Matters in Finance</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000056047">Check Out The Full List Of Kirby's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Unloading: Christian ONeil Sells Options, Realizes $508K

In the ever-changing and fiercely competitive business landscape, conducting thorough company analysis is crucial for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) and its primary competitors in the Household Products industry. By closely examining key financial metrics, market position, and growth prospects, our aim is to provide valuable insights for investors and shed light on company's performance within the industry.
<h3>Procter &amp; Gamble Background</h3>
Since its founding in 1837, Procter &amp; Gamble has become one of the world's largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. Sales outside its home turf represent more than half of the firm's consolidated total.
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Procter &amp; Gamble Co</td>
<td>28.89</td>
<td>8.26</td>
<td>5.12</td>
<td>6.2%</td>
<td>$4.85</td>
<td>$10.18</td>
<td>-0.1%</td>
</tr>
<tr>
<td>Colgate-Palmolive Co</td>
<td>30.08</td>
<td>685.42</td>
<td>4.26</td>
<td>414.16%</td>
<td>$1.25</td>
<td>$3.07</td>
<td>4.89%</td>
</tr>
<tr>
<td>Kimberly-Clark Corp</td>
<td>20.88</td>
<td>41.85</td>
<td>2.36</td>
<td>49.91%</td>
<td>$0.84</td>
<td>$1.81</td>
<td>-2.05%</td>
</tr>
<tr>
<td>Church &amp; Dwight Co Inc</td>
<td>31.67</td>
<td>5.83</td>
<td>4.23</td>
<td>5.79%</td>
<td>$0.4</td>
<td>$0.71</td>
<td>3.92%</td>
</tr>
<tr>
<td>Clorox Co</td>
<td>72.65</td>
<td>61.73</td>
<td>2.88</td>
<td>103.1%</td>
<td>$0.35</td>
<td>$0.88</td>
<td>-5.75%</td>
</tr>
<tr>
<td>Reynolds Consumer Products Inc</td>
<td>18.37</td>
<td>3.24</td>
<td>1.78</td>
<td>4.82%</td>
<td>$0.17</td>
<td>$0.26</td>
<td>-1.06%</td>
</tr>
<tr>
<td>WD-40 Co</td>
<td>51.52</td>
<td>15.99</td>
<td>6.20</td>
<td>9.02%</td>
<td>$0.03</td>
<td>$0.08</td>
<td>9.4%</td>
</tr>
<tr>
<td>Central Garden &amp; Pet Co</td>
<td>15.23</td>
<td>1.40</td>
<td>0.67</td>
<td>5.14%</td>
<td>$0.14</td>
<td>$0.32</td>
<td>-2.63%</td>
</tr>
<tr>
<td>Spectrum Brands Holdings Inc</td>
<td>23.43</td>
<td>1.24</td>
<td>1.23</td>
<td>0.28%</td>
<td>$0.08</td>
<td>$0.3</td>
<td>5.97%</td>
</tr>
<tr>
<td>Energizer Holdings Inc</td>
<td>208.50</td>
<td>16.98</td>
<td>0.73</td>
<td>-27.84%</td>
<td>$0.01</td>
<td>$0.28</td>
<td>0.29%</td>
</tr>
<tr>
<td>Oil-Dri Corp of America</td>
<td>11.68</td>
<td>2.44</td>
<td>1.60</td>
<td>3.9%</td>
<td>$0.02</td>
<td>$0.03</td>
<td>1.28%</td>
</tr>
<tr>
<td>Average</td>
<td>48.4</td>
<td>83.61</td>
<td>2.59</td>
<td>56.83%</td>
<td>$0.33</td>
<td>$0.77</td>
<td>1.43%</td>
</tr>
</tbody>
</table>
<style>
 table {
 width: 100%;
 border-collapse: collapse;
 font-family: Arial, sans-serif;
 font-size: 14px;
 }

 th, td {
 padding: 8px;
 text-align: left;
 }

 th {
 background-color: #293a5a;
 color: #fff;
 text-align: left;
 }

 tr:nth-child(even) {
 background-color: #f2f4f8;
 }

 tr:hover {
 background-color: #e1e4ea;
 }

 td:nth-child(3), td:nth-child(5) {
 text-align: left;
 }

 .dividend-amount {
 font-weight: bold;
 color: #0d6efd;
 }

 .dividend-frequency {
 font-size: 12px;
 color: #6c757d;
 }
 </style>By conducting an in-depth analysis of Procter &amp; Gamble, we can identify the following trends: 
<ul>
<li>
A Price to Earnings ratio of 28.89 significantly below the industry average by 0.6x suggests undervaluation. This can make the stock appealing for those seeking growth.
</li>
<li>
With a Price to Book ratio of 8.26, significantly falling below the industry average by 0.1x, it suggests undervaluation and the possibility of untapped growth prospects.
</li>
<li>
The stock's relatively high Price to Sales ratio of 5.12, surpassing the industry average by 1.98x, may indicate an aspect of overvaluation in terms of sales performance.
</li>
<li>
With a Return on Equity (ROE) of 6.2% that is 50.63% below the industry average, it appears that the company exhibits potential inefficiency in utilizing equity to generate profits.
</li>
<li>
The company has higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $4.85 Billion, which is 14.7x above the industry average, indicating stronger profitability and robust cash flow generation.
</li>
<li>
Compared to its industry, the company has higher gross profit of $10.18 Billion, which indicates 13.22x above the industry average, indicating stronger profitability and higher earnings from its core operations.
</li>
<li>
The company is witnessing a substantial decline in revenue growth, with a rate of -0.1% compared to the industry average of 1.43%, which indicates a challenging sales environment.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726758031_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio provides insights into the proportion of debt a company has in relation to its equity and asset value.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
By evaluating Procter &amp; Gamble against its top 4 peers in terms of the Debt-to-Equity ratio, the following observations arise:
<ul>
<li>
Compared to its top 4 peers, Procter &amp; Gamble has a stronger financial position indicated by its lower debt-to-equity ratio of 0.67.
</li>
<li>
This suggests that the company relies less on debt financing and has a more favorable balance between debt and equity, which can be seen as a positive attribute by investors.
</li>
</ul>
<h3>Key Takeaways</h3>
For Procter &amp; Gamble, the PE and PB ratios are low compared to peers in the Household Products industry, indicating potential undervaluation. However, the high PS ratio suggests that the stock may be overvalued based on revenue. In terms of profitability, the low ROE and revenue growth, along with high EBITDA and gross profit, indicate mixed performance compared to industry peers.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Evaluating Procter &amp; Gamble Against Peers In Household Products Industry

Over the past 24 hours, Bitcoin Cash's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bch/usd">BCH</a>) price has risen 9.81% to $339.63. This continues its positive trend over the past week where it has experienced a 3.0% gain, moving from $331.09 to its current price. As it stands right now, the coin's all-time high is $3,785.82. 
The chart below compares the price movement and volatility for Bitcoin Cash over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1726758007_0.png" alt="price_chart" />
The trading volume for the coin has increased 98.0% over the past week. while the overall circulating supply of the coin has decreased 0.22% This puts its current circulating supply at an estimated 94.11% of its max supply, which is 21.00 million. The current market cap ranking for BCH is #19 at $6.71 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1726758007_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$BCH

Bitcoin Cash Rises More Than 9% In 24 hours

Werner Enterprises&#39; (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wern#NASDAQ">WERN</a>) top line is grappling with a freight market downturn, hurting the company&#39;s prospects. Elevated operating expenses are challenging the company&#39;s financial stability. Escalated labor and fuel costs are hurting WERN&#39;s bottom line, making it an unattractive choice for investors&#39; portfolios.
Let&#39;s delve deeper.
<h2>WERN: Risks to Watch</h2>
Southward Earnings Estimate Revision:The Zacks Consensus Estimate for current-quarter earnings has been revised 33.3% downward in the past 60 days. For the current year, the consensus mark for earnings has moved 26% south in the same time frame. The unfavorable estimate revisions indicate brokers&#39; lack of confidence in the stock.
Weak Zacks Rank: Werner Enterprises currently carries a Zacks Rank #5 (Strong Sell).
Unimpressive Price Performance: WERN shares have declined 7% in the past year against the industry&#39;s 0.2% rise.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/f1/78379.jpg?v=444018168" />
Image Source: Zacks Investment Research
Bearish Industry Rank: The industry to which Werner Enterprises belongs currently has a Zacks Industry Rank of 222 (out of 251). Such an unfavorable rank places it in the bottom 11% of Zacks Industries.Studies show that 50% of a stock price movement is directly related to the performance of the industry group it belongs to.
A mediocre stock within a strong group is likely to outclass a robust stock in a weak industry. Reckoning the industry&#39;s performance becomes imperative.
High Costs:&nbsp; High operating expenses are hurting WERN&#39;sbottom line, challenging its financial stability. The surge in operating expenses was caused by increased labor and fuel costs. In the second quarter of 2024, labor costs, comprising salaries and benefits, accounting for 35.1% of the total operating expenses, amounted to $741.2 million. Fuel costs totaled $72 million.
The freight market downturn does not bode well for the company&#39;s prospects. As a result, the top line fell by 6% year over year.
The persistent driver crisis in the trucking industry is worsening supply-chain challenges across the United States. Driver scarcity issues limit trucking capacity, making it difficult for trucking companies like WERN. American Trucking Associations&#39; chief economist, Bob Costello, expects the trucking industry to be short of more than&nbsp;160,000 drivers by 2030.
<h2>Stocks to Consider</h2>
Some better-ranked stocks for investors&#39; consideration in the Zacks Transportation sector include C.H. Robinson Worldwide (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/chrw#NASDAQ">CHRW</a>) and Westinghouse Air Brake Technologies (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wab#NYSE">WAB</a>).
C.H. Robinson Worldwide currently sports a Zacks Rank #1 (Strong Buy).&nbsp;CHRW has an expected earnings growth rate of 25.2% for the current year.
The company has an impressive earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in three of the trailing four quarters and missed once, delivering an average surprise of 7.3%. Shares of CHRW have risen 14.2% in the past year.
WAB carries a Zacks Rank #2 (Buy) at present and has an expected earnings growth rate of 26% for the current year.
The company has a discouraging track record with respect to the earnings surprise, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters. The average beat is 11.8%. Shares of WAB have climbed 61% in the past year.
<a href="https://www.zacks.com/stock/news/2338348/here-s-why-investors-should-give-wern-stock-a-miss-now?cid=CS-BENZ-FT-analyst_blog|rank_focused-2338348">To read this article on Zacks.com click here.</a>

Earnings

Mid Cap

CHRW

WERN

Here's Why Investors Should Give WERN Stock a Miss Now

Macro Economic Events

Market Summary

Economics

$BTC

Benzinga Market Summary: Stocks Across Sectors Rise On Rate Cut, Gold And Bitcoin Gain

EWU: Why U.K. Stocks Are Poised For A Comeback

Warning: DNNGY is at high risk of performing badly

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
<a href="https://investorplace.com/stock-types/growth-stocks/">Growth stocks</a> have been on a wild ride for the past few years. The pandemic sent many soaring to unbelievable heights. Then, rising rates and recession fears brought them crashing back to earth. But I believe the growth stock story is far from over. In fact, with the Fed now signaling rate cuts are on the horizon, I think growth stocks are poised for an epic comeback.



Sure, many growth names are still quite risky. Chasing the latest meme stock or unproven biotech is a good way to lose your shirt. However, for investors with a long-term mindset, now is the perfect time to start building positions in high-quality growth stocks.



As rates come down and the economy stabilizes, these businesses could deliver explosive returns. I wouldn&rsquo;t be surprised to see some of the best growth stocks 5X or more in value over the next five years. Of course, you have to be selective and manage your risk. But if you&rsquo;re aiming for outsized gains, having some exposure to growth is a must. Here are seven growth stocks that have the potential to be mega-winners.



<h2>Cadeler (CDLR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/money-bag-growth-stocks-1600-300x169.jpg" alt="Graphic of yellow money bag next to green arrow and coins floating in air, symbolizing growth stocks"><div>Source: shutterstock.com/Monster Ztudio</div></div>Cadeler (NYSE:<a href="https://investorplace.com/stock-quotes/cdlr-stock-quote/">CDLR</a>) installs and maintains offshore wind farms with its fleet of specialized vessels. These massive turbines out at sea generate more consistent power than their land-based counterparts without noise complaints. Cadeler seems perfectly positioned to ride this wave of clean energy expansion.



Analysts project the company&rsquo;s revenue to <a href="http://seekingalpha.com/symbol/CDLR/earnings/estimates" target="_blank">surge from $255 million </a>in 2024 to over $1 billion by 2027. Earnings per share is expected to skyrocket from just 20 cents to $1.86 in that same period. With numbers like these, I wouldn&rsquo;t be surprised to see Cadeler&rsquo;s stock deliver 5x returns or more.



<div><a href="https://investorplace.com/wp-content/uploads/2024/07/chart-67.png"><img width="1200" height="628" src="https://investorplace.com/wp-content/uploads/2024/07/chart-67.png" alt="Growth stocks: Cadeler Revenue EBIT Estimates"> Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div>The company keeps racking up new contracts, too. They recently inked a deal with Orsted (OTCMKTS:<a href="https://investorplace.com/stock-quotes/dnngy-stock-quote/">DNNGY</a>) for a long-term vessel lease starting in 2027.



Of course, I have to temper my enthusiasm with a dose of realism. Cadeler operates in a capital-intensive industry with plenty of risks. Weather delays, project cancellations, or new competitors could throw a wrench in their plans. But from where I&rsquo;m sitting, the potential rewards far outweigh the risks for this offshore wind pure-play.



<h2>Megaport (MGPPF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/10/growthstocks_1600_02-300x169.jpg" alt="Hand of woman watering small plant in pot shaped like growing graph representing growth stocks. Sleeper Growth Stocks"><div>Source: Khakimullin Aleksandr / Shutterstock</div></div>Megaport (OTCMKTS:<a href="https://investorplace.com/stock-quotes/mgppf-stock-quote/">MGPPF</a>) operates a global software-defined network platform that enables businesses to connect their networks to cloud services and data centers. Thanks to the AI revolution, the data center industry is booming and this trend will only accelerate in the coming years. Megaport is perfectly positioned to ride this wave of growth.



Megaport reported impressive numbers. <a href="https://markets.businessinsider.com/news/stocks/australian-stocks-megaport-shares-fall-as-upgraded-forecast-disappoints-1033299336" target="_blank">Revenue increased 30% </a>year-over-year to 49.5 million AUD, while EBITDA nearly doubled to 14 million AUD. The company also upgraded its full-year EBITDA guidance.



Despite these strong results, Megaport&rsquo;s stock price took a hit recently. Regardless, this company is profitable and growing rapidly, with plenty of runway ahead as the data center and AI industries continue to expand.



Sure, there are risks to consider. Megaport&rsquo;s success hinges on sustained growth in AI and data center demand. But given the massive investments pouring into these sectors, I&rsquo;m optimistic about the company&rsquo;s prospects.



<h2>Ouster (OUST)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/growth-confidence-300x169.png" alt="An image of a man relaxing, sleeping on a stock growth chart; growth stocks"><div>Source: eamesBot / Shutterstock</div></div>Ouster (NYSE:<a href="https://investorplace.com/stock-quotes/oust-stock-quote/">OUST</a>) makes high-resolution digital lidar sensors for autonomous vehicles, robotics and smart infrastructure. This company is poised to ride the massive robotics and automation adoption wave in the coming years. The lidar industry could surge as companies across sectors embrace these technologies, and Ouster seems uniquely positioned to capitalize. Their recent financial performance has been stellar compared to lidar peers. It is still unprofitable, but analysts project Ouster could reach profitability by 2027 with significant growth after that. If analyst estimates pan out, you&rsquo;re looking at just 3x 2027 earnings at current prices.



Of course, it&rsquo;s speculative at this stage. But I see multibagger potential here if robotics continues its exponential growth and EVs come back with increased lidar usage. The stock has surged lately on strong Q1 results, with <a href="https://finance.yahoo.com/news/ouster-announces-record-revenue-margin-201500186.html" target="_blank">revenue up 51% year-over-year to $26 million</a>. Several analysts have boosted price targets, including Craig-Hallum to $13 and Rosenblatt to $17.



<h2>ClearPoint Neuro (CLPT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/05/brain-400x225-1-300x169.png" alt="A concept image of a glowing blue brain to depict AI"><div>Source: Andrus Ciprian / Shutterstock.com</div></div>ClearPoint Neuro (NASDAQ:<a href="https://investorplace.com/stock-quotes/clpt-stock-quote/">CLPT</a>) makes platforms for performing minimally invasive surgical procedures in the brain. CLPT stock has surged about 40% in the past two weeks and could climb even higher if the company maintains its growth trajectory and continues making medical breakthroughs. 



While I typically steer clear of small biotech firms, I think it is worth considering CLPT. I&rsquo;m personally quite bullish on gene-editing companies. These cutting-edge businesses have the potential to cure a wide array of diseases and boast extensive pipelines. This optimism extends to ClearPoint Neuro as well.



In Q1, <a href="https://www.investing.com/news/stock-market-news/earnings-call-clearpoint-neuro-sees-robust-q1-growth-with-diverse-revenue-streams-93CH-3430774" target="_blank">revenue rose 41% year-over-year</a> to $7.6 million. That&rsquo;s not too bad, considering this top-line number beat estimates by 9.23%. It still trades at quite a steep sales premium, but I see multiple catalysts on the horizon that could keep sales growing fast.



Cash is also one of the most important metrics for an unprofitable biotech company. This company&rsquo;s cash holdings are around $35 million, which is satisfactory considering its $4.15 million in net losses in Q1.



<h2>Block (SQ)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/sq-block-1600-300x169.png" alt="Square, Inc. changes name to Block (SQ). Smartphone with Square logo on screen in hand on background of Block logo."><div>Source: Sergei Elagin / Shutterstock.com</div></div>Block (NYSE:<a href="https://investorplace.com/stock-quotes/sq-stock-quote/">SQ</a>) is much more than just a PayPal (NASDAQ:<a href="https://investorplace.com/stock-quotes/pypl-stock-quote/">PYPL</a>) alternative as it has been in the past. It has delivered impressive financial results recently, with <a href="https://www.cnbc.com/2024/05/02/block-sq-earnings-q1-2024.html" target="_blank">Q1 2024 revenue of $5.96 billion</a> beating estimates and adjusted EPS of 85 cents, surpassing expectations. Block raised its full-year 2024 guidance, now expecting gross profit of at least $8.78 billion (17% growth) and adjusted operating income of at least $1.3 billion. If we look at fundamentals, this stock should&rsquo;ve recovered to around $100 many months ago, but the broader fintech industry has not been cooperating.



<div><a href="https://investorplace.com/wp-content/uploads/2024/07/chart-68.png"><img width="1200" height="628" src="https://investorplace.com/wp-content/uploads/2024/07/chart-68.png" alt="Block EPS revenue estimates"> Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div>That said, analysts are now projecting EPS to <a href="https://seekingalpha.com/symbol/SQ/earnings/estimates" target="_blank">increase from $3.4 in 2024 to $15 by 2033</a> &mdash; and it is expected to double from 2024 by 2028. Block&rsquo;s stock has been trading sideways at a discounted level due to the depressed fintech sector; rising EPS should lead to an eventual breakout.



Moreover, impending interest rate cuts could also catalyze a major rally for Block. Block could deliver 5x returns in five years if the market fully appreciates its profitable growth. Management would need to surpass those optimistic EPS expectations I mentioned above. Can they do it? That&rsquo;s for you to bet on.



<h2>Fastly (FSLY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/07/fsly-stock-1-300x169.jpg" alt="A magnifying glass zooms in on the Fastly (FSLY) website."><div>Source: Pavel Kapysh / Shutterstock.com</div></div>Fastly (NYSE:<a href="https://investorplace.com/stock-quotes/fsly-stock-quote/">FSLY</a>) operates a content delivery network that enables faster and more reliable delivery of digital content. Fastly is an exciting bet on the future of cloud computing, edge computing and streaming over the next five years. Yes, the stock has plummeted nearly 58% in the past year amid concerns over slowing growth and mounting losses. However, shares have stabilized recently, and Fastly could deliver outsized returns.



Analysts seem cautiously optimistic, with an <a href="https://www.tipranks.com/stocks/fsly/forecast" target="_blank">average price target of $9.8</a>, implying a 29% upside from current levels. The company also reported solid Q1 results, with <a href="https://www.investing.com/news/company-news/fastly-cfo-sells-shares-worth-over-87000-93CH-3508018" target="_blank">revenue up 14% year-over-year to $133.5 million</a>, beating estimates.



Looking ahead, Fastly is expected to turn profitable in 2025. You are currently paying <a href="https://seekingalpha.com/symbol/FSLY/earnings/estimates" target="_blank">just four times 2030 earnings</a>, though I will warn again that these estimates are very speculative.



Regardless, the risk-reward looks favorable for people willing to ride out the volatility. Cloud and edge computing are clear megatrends that should provide strong long-term tailwinds for Fastly&rsquo;s business.



<h2>freee K.K. (FREKF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/brokerageaccount1600-300x169.jpg" alt="A pile of $100 bills on a black background with a smartphone displaying a stock chart on top."><div>Source: etonastenka / Shutterstock.com</div></div>freee K.K. (OTCMKTS:<a href="https://investorplace.com/stock-quotes/frekf-stock-quote/">FREKF</a>) specializes in delivering cloud-based accounting and HR software solutions to small and medium-sized businesses in Japan. This company is poised for hypergrowth as more Japanese companies rush to digitize their back-office operations. In fact, freee&rsquo;s <a href="https://www.google.com/finance/quote/FREKF:OTCMKTS" target="_blank">revenue surged 31% year-over-year to 6.65 billion Yen</a> in Q1 2024.



Despite this impressive performance, freee&rsquo;s stock is still down nearly 78% from its all-time high. A weakening Japanese Yen has been a headwind for the company. However, I think the worst may be over for the stock. As global interest rates stabilize and the Yen potentially recovers, investor sentiment toward Japanese equities could improve.



Japan is finally ending its negative interest rate policy, and I expect the macroeconomic environment to become more favorable for growth stocks like freee.



On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/7-growth-stocks-that-could-5x-in-5-years/">7 Growth Stocks That Could 5X in 5 Years</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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