Faraday Future (NASDAQ:FFIE) Stock, Quote.Headers.trade-ideas

Faraday Future

Faraday Future Intelligent Electric Inc is a global shared intelligent mobility ecosystem. It is poised to break the boundaries between the Internet, IT, creative, and auto industries with product and service offerings that integrate new energy, AI, Internet, and sharing models.

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Canoo&#39;s suspension of guidance and negative preannouncement underscore the travails faced by EV startups amid a tough industry environment.

Tesla China Shines, Lucid Gives Peek Into Model Y Rival, Ford Eyes &#39;Electric&#39; Restart In India And More: Biggest EV Stories Of The Week

A Tesla Car Costs Less Than $20K If You Live In This State

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GELYF

VLVCY

The EV industry&#39;s struggles have forced companies to either trim goals or look elsewhere for offsetting impact.

Tesla&#39;s Ambitious FSD Roadmap, Nio Accelerates With Strong Guidance, Faraday Future Gets Lifeline And More: Biggest EV Stories Of The Week

Faraday Future FF 91

Movers

Faraday Future shares are trading higher Friday after the company announced it has secured $30 million in financing commitments from investors in the Middle East, the U.S. and Asia. Here&#39;s a look at what&#39;s going on:

Why Is Faraday Future Stock Racing Higher?

Faraday Future Intelligent Electric Inc. - Class A Common Stock

Faraday Future Intelligent Electric Inc

Faraday Future Intelligent Electric Inc. - Warrant

Truist Securities analyst Brandon King maintains Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) with a Hold and raises the price target from $23 to $25.

Price Target

Analyst Ratings

Truist Securities Maintains Hold on Regions Finl, Raises Price Target to $25

WIIM

Novo Nordisk shares are trading lower. The company reported results from its Phase 2a trial of Monlunabant in obesity.

Truist Securities analyst Brandon King maintains Pinnacle Finl Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNFP#NASDAQ">PNFP</a>) with a Buy and raises the price target from $101 to $113.

PNFP

Truist Securities Maintains Buy on Pinnacle Finl Partners, Raises Price Target to $113

Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) shares continue to fall as the lockup period barring former President Donald Trump and some other investors from <a href="https://www.benzinga.com/news/24/09/40939390/trump-media-technology-group-stock-slides-as-lockup-expiration-looms-whats-going-on">selling shares has expired</a>.
The Details:
Trump has indicated on <a href="https://www.benzinga.com/general/social-media/24/09/40943414/donald-trump-can-cash-out-his-trump-media-technology-stock-keep-company-control-heres-how-ma">multiple occasions </a>that he will not be selling his shares.&nbsp; Last week during a rally in California, the former President responded to an audience question about whether Trump would sell his stake.
"No, I'm not selling," Trump responded. "No, I love it."
Other investors who were subject to the 180-day lockup period may choose to sell shares, however. ARC Global, which owns around 13.1 million shares, registered shares for sale back in April.
Read Next:<a href="https://www.benzinga.com/news/earnings/24/09/40948948/homebuilder-lennar-reports-better-than-expected-q3-results-details"> Homebuilder Lennar Reports Better-Than-Expected Q3 Results: Details</a>
Trump may be losing his edge in the Presidential race, as a slew of recent polls show former President Trump is falling behind Vice President Kamala Harris. A Morning Consult poll put Harris up by 6 points, while surveys from ABC News/Ipsos and Yahoo News/YouGov put Harris ahead by 4 points and 5 points, respectively.
Trump Media &amp; Technology shares continue to slide Friday, extending the stock's losses to more than 20% over the past five days. According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, TMTG stock is down nearly 75% since its debut following a SPAC merger in March.
<h3 class="wp-block-heading">How To Buy DJT Stock: </h3>
By now you're likely curious about how to participate in the market for Trump Media &amp; Technology Group &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so. 
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
DJT Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Trump Media &amp; Technology Group shares are down 4.49% at $14.05 at the time of publication Friday. 
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</ul>
Image: Shutterstock

What's Going On With Trump Media & Technology Stock?

FTC Alleges Pharmacy Benefit Managers Systematically Excluded Cheaper Insulins In Exchange For Expensive, Highly Rebated Alternatives

Legal

FTC Sues Units Of CVS Health , Cigna , And UnitedHealth For Allegedly Artificially Inflating Insulin Prices; FTC Case Does Not Name Insulin Drugmakers Eli Lilly, Novo Nordisk, And Sanofi , But Agency Reserves Right To Sue Later

Truist Securities analyst Michael Swartz maintains Patrick Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PATK#NASDAQ">PATK</a>) with a Buy and raises the price target from $150 to $165.

PATK

Truist Securities Maintains Buy on Patrick Industries, Raises Price Target to $165

Truist Securities analyst Joseph Civello maintains Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Hold and raises the price target from $81 to $85.

Truist Securities Maintains Hold on Nike, Raises Price Target to $85

Spotify Technology S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spot#NYSE">SPOT</a>) has seen its stock skyrocket 83% year to date, significantly outperforming the 23.4% rally of the industry.
As of the last trading session, the stock closed at $343.97, close to its 52-week high of $359.38. SPOT is trading above its 50-day moving average, indicating a bullish sentiment among investors.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/be/78520.jpg?v=1712636320" style="height:310px; width:600px" />
Image Source: Zacks Investment Research
Given the continuous strength in SPOT shares, investors may wonder if there is still an opportunity to invest in the stock. Let&#39;s take a closer look.
<h2>SPOT&#39;s Strong Growth Driven by Price Hikes, Podcast Gains</h2>
Spotify investors have many reasons to be optimistic when it comes to the company&#39;s financial results. Its premium subscriber revenues, which account for approximately 88% of total revenues, play a crucial role in its financial performance. Ad-supported revenues contribute the remaining 12%.
Premium subscribers grew 12%, and ad-supported monthly active users (MAUs) increased 15% in the second quarter of 2024. The growth in total MAU was also noteworthy, with a 14% year-over-year increase. Spotify increased its gross profit by 45% year over year, expanding its gross margin by 510 basis points. It also turned an operating loss of $247 million into a profit of $266 million over the year. The adjusted eps of $1.43 marked a substantial 184.6% year-over-year jump.
Spotify&#39;s performance has been bolstered by sustained price hikes, a loyal consumer base and significant cost reductions. The ability to raise prices while retaining and expanding its subscriber base is particularly noteworthy. This was the first quarter where premium subscriber growth outpaced ad-supported MAU growth sequentially, highlighting the effectiveness of Spotify&#39;s pricing strategy.
The recent price hikes, alongside those by competitors such as Alphabet&#39;s (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>) YouTube Premium, Apple&#39;s Music/TV and Amazon&#39;s Music Unlimited, underscore the industry&#39;s trend toward higher pricing.
Spotify is further expanding its content portfolio, aiming for a larger portion of its revenues to come from its podcasts and audiobooks. By boosting revenue from these high-margin content initiatives, Spotify could enhance its profitability, even if record labels take a tougher stance in negotiations. The profitability of podcasts is also on the rise, as the company shifts its strategy from using content investments primarily for subscriber growth to focusing on monetization.
By the second quarter of 2024, Spotify hosts over 250,000 video podcast shows, with more than 170 million users having watched a video podcast on the platform.
<h2>SPOT Stock is Still Cheap</h2>
Despite the significant rally over the past year, Spotify&#39;s stock remains relatively undervalued, suggesting potential for further appreciation. The stock is trading at a trailing 12-month price/sales ratio of 4.53X compared to the industry average of 8.76X. The trailing 12-month enterprise value/sales ratio stands at 3.95X compared to the industry average of 8.44X.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/7f/78521.jpg?v=836923443" style="height:310px; width:600px" />
Image Source: Zacks Investment Research
Furthermore, the Relative Strength Index shows no significant signs of overbought conditions, suggesting the stock isn&#39;t overextended.
<h2>Spotify Relative Strength Index</h2>
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/b6/78522.jpg?v=1500532284" style="height:310px; width:600px" />
Image Source: Zacks Investment Research
<h2>SPOT has a Strong Liquidity Position</h2>
SPOT&#39;s liquidity position is robust, with a current ratio of 1.56 at the end of the second quarter of 2024 compared to the industry&#39;s 1.02. This robust liquidity reflects SPOT&#39;s ability to cover its immediate liabilities without strain, indicating financial stability and operational flexibility.
<h2>Analysts&#39; Confidence Reflected in Rising Estimates</h2>
Seven estimates for the third quarter of 2024 moved upward over the past 60 days versus no downward revision. Over the same period, the Zacks Consensus Estimate for third-quarter 2024 earnings has increased 32.6% to $1.83. Earnings are expected to grow 408.3% year over year in the quarter.
Eight estimates for 2024 moved north over the past 60 days versus no southward revision. Over the same period, the consensus estimate for 2024 earnings has increased 26.2% to $6.31. Earnings are expected to grow 313.9% year over year in 2024.
The Zacks Consensus Estimate for SPOT&#39;s third-quarter 2024 sales stands at $4.38 billion, suggesting year-over-year growth of 19.8%. Revenues for 2024 are expected to increase 19.4% year over year.
<h2>Spotify is a Must-Buy</h2>
Given its solid fundamentals, undervaluation, and bullish momentum, Spotify is a must-buy for investors looking to capitalize on the growth of the music-streaming and podcasting sectors. Management anticipates a sequential increase of 13 million in total MAUs, a 5 million rise in total premium subscribers, a $193 million revenue boost, a 100 basis point expansion in gross margin, and a $139 million increase in operating income for the third quarter. So, now is an ideal time to invest before further appreciation solidifies SPOT&#39;s position as a market leader.
SPOT currently sports a Zacks Rank #1 (Strong Buy).
<a href="https://www.zacks.com/stock/news/2338737/spotify-stock-rises-83-year-to-date-is-your-fomo-warranted?cid=CS-BENZ-FT-analyst_blog|most_popular_stocks-2338737">To read this article on Zacks.com click here.</a>

Earnings

Large Cap

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GOOGL

SPOT

Spotify Stock Rises 83% Year to Date: Is Your FOMO Warranted?

FedEx Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) has hit a rough patch, with its recent quarterly results leaving investors concerned. The stock plummeted over 15% during midday trading on Friday on the earnings news, wiping out gains made during <a href="https://www.benzinga.com/quote/FDX/earnings">this past quarter</a>.
With the drop, FedEx investors have seen only a 1.56% gain over the past year and less than 1% year-to-date.
<h2 class="wp-block-heading">Earnings Miss: A Tough Quarter For FedEx</h2>
Reporting first-quarter revenue and earnings that fell short of analyst expectations, the logistics giant cited a "challenging quarter" due to decreased U.S. domestic priority package volumes and rising wage and transportation costs. This news prompted a reassessment of FedEx's growth trajectory.
The company has revised its full-year guidance downward, now projecting revenue growth in the low single-digit range for fiscal year 2025. 
Morgan Stanley&#8217;s Ravi Shanker downgraded FedEx from Equal-Weight to Underweight, cutting the price target from $215 to $200.
Meanwhile, Baird maintained its Outperform rating but lowered its target from $340 to $320, reflecting some optimism despite current challenges.
Read Also: <a href="https://www.benzinga.com//node/40957779">Shipping Giants FedEx, UPS Stocks Slip Friday: What&#8217;s Going On?</a>
<h2 class="wp-block-heading">FedEx Stock Chart In Deep Bear Territory </h2>
FedEx&#8217;s technical indicators provide no relief to investors amid the turbulence.
The stock is currently trading below its 5, 20, and 50-day exponential moving averages, signaling a strong bearish trend. This comes after the stock price plunged on Friday.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="631" height="458" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20112033/Screenshot-2024-09-20-at-8.48.01-PM.png" alt="" class="wp-image-558700" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20112033/Screenshot-2024-09-20-at-8.48.01-PM.png 631w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20112033/Screenshot-2024-09-20-at-8.48.01-PM-300x218.png 300w" sizes="(max-width: 631px) 100vw, 631px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092024&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
With a current share price of $254.36, the stock sits firmly in bear territory according to its moving averages. The eight-day, 20-day and 50-day SMA (simple moving average), are all far above the current stock price, giving out bear signals. Even the 200-day SMA sits above it at $267.43, reinforcing a long-term bearish momentum.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40960248/fedex-posts-downbeat-q1-earnings-cuts-guidance-why-analysts-see-more-downside-ahead">FedEx Posts Downbeat Q1 Earnings, Cuts Guidance: Why Analysts See More Downside Ahead</a>
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="631" height="458" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20112040/Screenshot-2024-09-20-at-8.47.22-PM.png" alt="" class="wp-image-558701" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20112040/Screenshot-2024-09-20-at-8.47.22-PM.png 631w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20112040/Screenshot-2024-09-20-at-8.47.22-PM-300x218.png 300w" sizes="(max-width: 631px) 100vw, 631px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092024&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Caution is warranted. The MACD (Moving Average Convergence/Divergence) indicator stands at a negative 1.77, signaling bearishness, and the RSI (Relative Strength Index) of 26.67 indicates oversold conditions. While an oversold RSI is generally indicative of a potential rebound, the degree to which the stock is in deep bear territory right now may make it difficult for a rebound to happen over the short-to medium term.
Once FedEx stock starts trading above the 200-day SMA, investors should monitor oscillators for potential changes in events.
FedEx&#8217;s recent earnings report and analyst downgrades raise concerns, as reflected in the stock&#8217;s technical indicators.
As the company navigates these headwinds, investors should remain vigilant, weighing any potential catalyst against the risks of an economic slowdown.
Read Next: 
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40959748/exclusive-options-expert-warns-of-terrible-week-after-fridays-triple-witching" target="_blank" rel="noreferrer noopener">EXCLUSIVE: Options Expert Warns Of &#8216;Terrible Week&#8217; After Friday&#8217;s Triple Witching</a></li>
</ul>
Photo: Shutterstock

Technicals

FedEx Falls 15% After Earnings Miss, Bearish Signals Raise Red Flags For Investors

Valero Energy shares are trading lower after Piper Sandler downgraded the stock from Overweight to Neutral and lowered its price target from $169 to $123.

On Friday, Mullen Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MULN#NASDAQ">MULN</a>) announced an update on Volt Mobility&#8217;s recently placed $210 million commercial <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/g40957847/mullen-provides-update-on-volt-mobility-210-million-uae-order" rel="noreferrer noopener">Class 1 and Class 3 EV order.</a>&nbsp;
This week, Mullen&#8217;s technical and sales teams traveled to Dubai to collaborate with Volt&#8217;s leadership and assist with initial market launch efforts.
&#8220;UAE is a very important market and opportunity for us, and we made sure to have technical and sales team members in Dubai this week to meet Volt leadership to ensure and kick off a successful launch,&#8221; said David Michery, CEO and chairman of Mullen Automotive.
This includes the delivery of the first Mullen ONE electric cargo vans and Mullen THREE cab chassis trucks scheduled for September 18, 2024.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40959475/tesla-vs-nio-vs-xpeng-will-robotaxis-or-price-wars-win-the-ev-battle" rel="noreferrer noopener">Tesla Vs. NIO Vs. XPeng: Will Robotaxis — Or Price Wars — Win The EV Battle?</a>
Mullen recently revealed an order from Volt for 300 all-electric commercial vehicles to be delivered in 2024, with plans for an additional 3,000 vehicles in 2025.
The company will also set up a parts and service network to support Volt Mobility&#8217;s fleet operations.
Recently, the company announced and effected its 1-for-100 reverse stock split in order to regain compliance <a target="_blank" href="https://www.benzinga.com/news/24/09/40921203/whats-happening-with-mullen-automotive-stock-after-reverse-split" rel="noreferrer noopener">with Nasdaq&#8217;s minimum bid requirements.&nbsp;</a>
Apart from this, Mullen&#8217;s subsidiary,&nbsp;Bollinger Motors,&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/n40919742/bollinger-motors-announces-pricing-for-the-2025-bollinger-b4-commercial-electric-truck" rel="noreferrer noopener">announced the</a> 2025 Bollinger B4 Chassis Cab electric truck will have a manufacturer&#8217;s suggested retail price (MSRP)&nbsp;of $158,758. The company commenced serial production of the B4 this week and will begin delivering vehicles to customers in October 2024. Bollinger said the 2025 B4 will be eligible for combined federal and state incentives that could be in excess of $100,000.
Price Action: MULN shares are trading higher by 2.08% to $7.85 at last check Friday.
Read Next:
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<li><a href="https://www.benzinga.com/general/entertainment/24/09/40926236/kim-kardashian-debuts-custom-metallic-silver-cybertruck-will-elon-musk-approve-the-celebrit" target="_blank" rel="noreferrer noopener">Kim Kardashian Debuts Custom Metallic Silver Cybertruck: Will Elon Musk Approve The Celebrity Makeover?</a></li>
</ul>

General

MULN

Mullen Automotive Gears Up $210M EV Deal In Dubai – Delivers First Units To Volt Mobility

Cantor Fitzgerald analyst Kristen Kluska reiterates Codexis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDXS#NASDAQ">CDXS</a>) with a Overweight and maintains $11 price target.

Reiteration

CDXS

Cantor Fitzgerald Reiterates Overweight on Codexis, Maintains $11 Price Target

Truist Securities analyst Brandon King maintains Live Oak Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOB#NYSE">LOB</a>) with a Buy and raises the price target from $51 to $57.

Truist Securities Maintains Buy on Live Oak Bancshares, Raises Price Target to $57

Truist Securities analyst Michael Swartz maintains LCI Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LCII#NYSE">LCII</a>) with a Hold and raises the price target from $100 to $108.

LCII

Truist Securities Maintains Hold on LCI Indus, Raises Price Target to $108

Truist Securities analyst Brandon King maintains Independent Bank Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBTX#NASDAQ">IBTX</a>) with a Hold and raises the price target from $65 to $66.

IBTX

Truist Securities Maintains Hold on Independent Bank Gr, Raises Price Target to $66

Dentsply Sirona (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRAY#NASDAQ">XRAY</a>) has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $32.0, a high estimate of $38.00, and a low estimate of $27.00. Experiencing a 5.19% decline, the current average is now lower than the previous average price target of $33.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1726848086_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Dentsply Sirona. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Petusky</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$36.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>David Saxon</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$34.00</td>
<td>$34.00</td>
</tr>
<tr>
<td>David Saxon</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$34.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>Jeffrey Johnson</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$31.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>Jonathan Block</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$28.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Elizabeth Anderson</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$27.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Michael Petusky</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$38.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Elizabeth Anderson</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$28.00</td>
<td>$35.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Dentsply Sirona. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Dentsply Sirona compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Dentsply Sirona's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Dentsply Sirona's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/XRAY/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Dentsply Sirona analyst ratings.</a>
<h2>Delving into Dentsply Sirona's Background</h2>
Dentsply Sirona is one of the world's largest manufacturers of dental equipment and supplies. It is a result of a merger of equals in 2016 between Dentsply International (manufactured dental consumables and lab products) and Sirona Dental Systems (manufactured technologically-advanced dental equipment). The firm's wide portfolio consists of dental consumables, lab products, CAD/CAM and imaging technology, medical devices, and specialty products in orthodontics, endodontics, and implantation. It distributes two-thirds of its dental consumables, technology and equipment through third-party distributors and the remaining portfolio is either sold to labs and offices through the firm's salesforce or directly to consumers (such as Byte clear aligner).
<h3>Breaking Down Dentsply Sirona's Financial Performance</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Challenges: Dentsply Sirona's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -4.28%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Health Care sector.
Net Margin: Dentsply Sirona's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -0.41%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of -0.13%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of -0.06%, the company showcases effective utilization of assets.
Debt Management: Dentsply Sirona's debt-to-equity ratio is below the industry average at 0.72, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>Analyst Ratings: What Are They?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

XRAY

Analyst Expectations For Dentsply Sirona's Future

Shift4 Payments (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOUR#NYSE">FOUR</a>) has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $93.0, a high estimate of $104.00, and a low estimate of $70.00. This current average has increased by 5.98% from the previous average price target of $87.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1726848073_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Shift4 Payments among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Andrew Bauch</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$95.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>James Friedman</td>
<td>Susquehanna</td>
<td>Maintains</td>
<td>Positive</td>
<td>$97.00</td>
<td>$97.00</td>
</tr>
<tr>
<td>Mark Palmer</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$99.00</td>
<td>$99.00</td>
</tr>
<tr>
<td>Charles Nabhan</td>
<td>Stephens &amp; Co.</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$90.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Peter Heckmann</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Buy</td>
<td>$104.00</td>
<td>$96.00</td>
</tr>
<tr>
<td>James Faucette</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$70.00</td>
<td>$66.00</td>
</tr>
<tr>
<td>Mark Palmer</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$99.00</td>
<td>$99.00</td>
</tr>
<tr>
<td>Will Nance</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$90.00</td>
<td>$80.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Shift4 Payments. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Shift4 Payments compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Shift4 Payments's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into Shift4 Payments's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/FOUR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Shift4 Payments analyst ratings.</a>
<h2>Unveiling the Story Behind Shift4 Payments</h2>
Shift4 Payments Inc is provider of integrated payment processing and technology solutions. The company offers software providers a single integration to an end-to-end payments offering, a powerful gateway and a robust suite of technology solutions (including cloud enablement, business intelligence, analytics, and mobile) to enhance the value of their software suites and simplify payment acceptance. The company derives maximum revenue from United States.
<h3>Shift4 Payments's Economic Impact: An Analysis</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Positive Revenue Trend: Examining Shift4 Payments's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 29.83% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.
Net Margin: Shift4 Payments's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 4.74%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Shift4 Payments's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 5.7%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 1.14%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.55, caution is advised due to increased financial risk.
<h2>What Are Analyst Ratings?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

FOUR

Breaking Down Shift4 Payments: 8 Analysts Share Their Views

Investors with a lot of money to spend have taken a bullish stance on Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with GS, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 10 options trades for Goldman Sachs Gr.
This isn't normal.
The overall sentiment of these big-money traders is split between 30% bullish and 30%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $51,543, and 9, calls, for a total amount of $544,575.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $400.0 to $550.0 for Goldman Sachs Gr over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Goldman Sachs Gr's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Goldman Sachs Gr's whale trades within a strike price range from $400.0 to $550.0 in the last 30 days. 
<h3>Goldman Sachs Gr Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726848072_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$110.65</td>
<td>$104.65</td>
<td>$108.1</td>
<td>$400.00</td>
<td>$162.1K</td>
<td>1.7K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$39.0</td>
<td>$38.35</td>
<td>$39.0</td>
<td>$465.00</td>
<td>$78.0K</td>
<td>444</td>
<td style="text-align: right;">21</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$54.4</td>
<td>$53.05</td>
<td>$54.0</td>
<td>$450.00</td>
<td>$75.6K</td>
<td>689</td>
<td style="text-align: right;">14</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/27/24</td>
<td>$36.35</td>
<td>$35.7</td>
<td>$35.7</td>
<td>$465.00</td>
<td>$71.4K</td>
<td>123</td>
<td style="text-align: right;">4</td>
</tr>
<tr>
<td>GS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$10.65</td>
<td>$10.45</td>
<td>$10.52</td>
<td>$490.00</td>
<td>$51.5K</td>
<td>314</td>
<td style="text-align: right;">151</td>
</tr>
</tbody>
</table>

<h3>About Goldman Sachs Gr</h3>
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
Having examined the options trading patterns of Goldman Sachs Gr, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Goldman Sachs Gr's Current Market Status</h3>
<ul>
<li>With a trading volume of 1,064,563, the price of GS is down by -0.93%, reaching $499.14.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 25 days from now.</li>
</ul>
<h3>Expert Opinions on Goldman Sachs Gr</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $472.0.
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&#x2A; An analyst from JP Morgan persists with their Overweight rating on Goldman Sachs Gr, maintaining a target price of $472. 
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Options

Spotlight on Goldman Sachs Gr: Analyzing the Surge in Options Activity

Deep-pocketed investors have adopted a bearish approach towards Booking Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BKNG usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 12 extraordinary options activities for Booking Holdings. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 25% leaning bullish and 33% bearish. Among these notable options, 4 are puts, totaling $157,475, and 8 are calls, amounting to $554,018.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $3300.0 to $4800.0 for Booking Holdings during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Booking Holdings's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Booking Holdings's whale activity within a strike price range from $3300.0 to $4800.0 in the last 30 days. 
<h3>Booking Holdings Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726848066_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BKNG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$489.3</td>
<td>$474.1</td>
<td>$476.57</td>
<td>$3550.00</td>
<td>$190.6K</td>
<td style="text-align: right;">24</td>
<td style="text-align: right;">4</td>
</tr>
<tr>
<td>BKNG</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$210.4</td>
<td>$189.3</td>
<td>$200.0</td>
<td>$3800.00</td>
<td>$100.0K</td>
<td style="text-align: right;">824</td>
<td style="text-align: right;">5</td>
</tr>
<tr>
<td>BKNG</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$755.0</td>
<td>$745.2</td>
<td>$750.1</td>
<td>$3300.00</td>
<td>$75.0K</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>BKNG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$535.0</td>
<td>$523.9</td>
<td>$535.0</td>
<td>$3500.00</td>
<td>$53.5K</td>
<td style="text-align: right;">34</td>
<td style="text-align: right;">4</td>
</tr>
<tr>
<td>BKNG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$242.0</td>
<td>$237.8</td>
<td>$242.0</td>
<td>$4100.00</td>
<td>$48.4K</td>
<td style="text-align: right;">236</td>
<td style="text-align: right;">5</td>
</tr>
</tbody>
</table>

<h3>About Booking Holdings</h3>
Booking is the world's largest online travel agency by sales, offering booking and payment services for hotel and alternative accommodation rooms, airline tickets, rental cars, restaurant reservations, cruises, experiences, and other vacation packages. The company operates several branded travel booking sites, including Booking.com, Agoda, OpenTable, and Rentalcars.com, and has expanded into travel media with the acquisitions of Kayak and Momondo. Transaction fees for online bookings account for the bulk of revenue and profits.
<h3>Present Market Standing of Booking Holdings</h3>
<ul>
<li>Trading volume stands at 122,481, with BKNG's price up by 0.45%, positioned at $4035.6.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 41 days.</li>
</ul>
<h3>What Analysts Are Saying About Booking Holdings</h3>
4 market experts have recently issued ratings for this stock, with a consensus target price of $4022.5.
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&#x2A; An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Booking Holdings, which currently sits at a price target of $4200. 
&#x2A; An analyst from Jefferies downgraded its action to Hold with a price target of $4200. 
&#x2A; An analyst from Cantor Fitzgerald downgraded its action to Neutral with a price target of $3590. 
&#x2A; An analyst from Truist Securities downgraded its action to Hold with a price target of $4100. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Booking Holdings, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

BKNG

Behind the Scenes of Booking Holdings's Latest Options Trends

Ollie's Bargain Outlet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OLLI#NASDAQ">OLLI</a>) has been analyzed by 10 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $105.6, a high estimate of $110.00, and a low estimate of $99.00. Marking an increase of 1.83%, the current average surpasses the previous average price target of $103.70. 
<img src="https://www.benzinga.com/files/images/story/2024/1726848063_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
A clear picture of Ollie's Bargain Outlet's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Anthony Chukumba</td>
<td>Loop Capital</td>
<td>Maintains</td>
<td>Buy</td>
<td>$110.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Matthew Boss</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$105.00</td>
<td>$113.00</td>
</tr>
<tr>
<td>Steven Shemesh</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$100.00</td>
<td>$101.00</td>
</tr>
<tr>
<td>Mark Carden</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$99.00</td>
<td>$97.00</td>
</tr>
<tr>
<td>Peter Keith</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$107.00</td>
<td>$107.00</td>
</tr>
<tr>
<td>Eric Cohen</td>
<td>Gordon Haskett</td>
<td>Raises</td>
<td>Buy</td>
<td>$107.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Scot Ciccarelli</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$109.00</td>
<td>$102.00</td>
</tr>
<tr>
<td>Scot Ciccarelli</td>
<td>Truist Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$102.00</td>
<td>$102.00</td>
</tr>
<tr>
<td>Peter Keith</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$107.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Anthony Chukumba</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Buy</td>
<td>$110.00</td>
<td>$100.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Ollie's Bargain Outlet. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Ollie's Bargain Outlet compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Ollie's Bargain Outlet's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into Ollie's Bargain Outlet's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/OLLI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Ollie's Bargain Outlet analyst ratings.</a>
<h2>All You Need to Know About Ollie's Bargain Outlet</h2>
Ollie's Bargain Outlet Holdings Inc is a retailer of brand-name merchandise at drastically reduced prices. It offers customers a selection of brand-name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market plan is characterized by a fun, and engaging treasure hunt shopping experience, compelling customer value proposition, and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and consistent store performance for the company.
<h3>A Deep Dive into Ollie's Bargain Outlet's Financials</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Ollie's Bargain Outlet's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 12.41% 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 Discretionary sector.
Net Margin: Ollie's Bargain Outlet's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.47% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Ollie's Bargain Outlet's ROE stands out, surpassing industry averages. With an impressive ROE of 3.14%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Ollie's Bargain Outlet's ROA excels beyond industry benchmarks, reaching 2.09%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.31, Ollie's Bargain Outlet adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

OLLI

Beyond The Numbers: 10 Analysts Discuss Ollie's Bargain Outlet Stock

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