Latest news for Hirose Electric Co (OTC:HROEY) Stock

Hirose Electric Co Ltd is a Japan-based company that manufactures and distributes electrical and electronic connectors for use in automotive, mobile communication, telecommunications, networking, and smart grid applications. Its product portfolio includes printed circuit boards, optical connectors, fiber optic cables, sealed connectors, microwave components, switches and sensors, modular jacks and plugs, integrated circuit cards and sockets, and coaxial cables. The firm generates revenue in Europe, Asia, and North America.

HIROSE ELECTRIC UNSP/ADR by Hirose Electric

Hirose Electric Co Ltd

Barrington Research analyst Vincent Colicchio maintains Hackett Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HCKT#NASDAQ">HCKT</a>) with a Outperform and maintains $28 price target.

News

Price Target

Analyst Ratings

HCKT

Barrington Research Maintains Outperform on Hackett Group, Maintains $28 Price Target

WIIM

Ecopetrol shares are trading lower after JP Morgan downgraded the stock from Neutral to Underweight and lowered its price target from $12 to $8.5.

DUOL

Duolingo shares are trading higher after Needham and JMP Securities raised their respective price targets on the stock.

Telsey Advisory Group analyst Dana Telsey maintains Stitch Fix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFIX#NASDAQ">SFIX</a>) with a Market Perform and maintains $4 price target.

SFIX

Telsey Advisory Group Maintains Market Perform on Stitch Fix, Maintains $4 Price Target

Morgan Stanley analyst Adam Jonas downgrades Rivian Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) from Overweight to Equal-Weight and lowers the price target from $16 to $13.

Downgrades

RIVN

Morgan Stanley Downgrades Rivian Automotive to Equal-Weight, Lowers Price Target to $13

Morgan Stanley analyst Adam Jonas downgrades Phinia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHIN#NYSE">PHIN</a>) from Overweight to Equal-Weight and maintains the price target from $50 to $50.

PHIN

Morgan Stanley Downgrades Phinia to Equal-Weight, Maintains Price Target to $50

Macro Economic Events

Market Summary

Economics

General

INTC

Benzinga Market Summary: Morgan Stanley Downgrades Ford And GM Stock, New Home Sales Fall But Beat Estimates, Chinese Stocks Pull Back, Intel Rises

Canaccord Genuity analyst Joseph Vafi maintains Repay Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPAY#NASDAQ">RPAY</a>) with a Buy and maintains $13 price target.

RPAY

Canaccord Genuity Maintains Buy on Repay Holdings, Maintains $13 Price Target

This relationship brings the wide variety of insurers and policy options on the Zinnia Marketplace to the largest broker-dealer&#x2A; in the U.S., helping make life insurance processes seamless
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fzinnia.com%2F&amp;esheet=54126868&amp;newsitemid=20240925322206&amp;lan=en-US&amp;anchor=Zinnia&amp;index=1&amp;md5=e1ca4f3c17ae7cf7290728515ae2cd2d">Zinnia</a>, a leading life &amp; annuity insurance technology services company, and <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.lpl.com%2F&amp;esheet=54126868&amp;newsitemid=20240925322206&amp;lan=en-US&amp;anchor=LPL+Financial&amp;index=2&amp;md5=29564be439ce3bca4aa36a9dbfdda835">LPL Financial</a> (LPL) announced today a strategic relationship providing LPL's network of more than 23,000 financial advisors a simplified way to find, recommend, fulfill, and service life insurance for their clients.
Policygenius Pro by Zinnia is a turnkey insurance platform that will help LPL's network of financial advisors and credit unions accelerate life insurance sales and enable their clients to access the wide variety of insurers, coverage types, and policy options.
By leveraging these unique quoting tools from Zinnia along with its built-in referral processes, LPL advisors can significantly cut down on time spent on life insurance applications and cut placement times, while providing their clients top-tier customer service. LPL advisors receive support from a team of expert licensed insurance agents from Policygenius for case management, underwriting, and product support.

LPLA

Zinnia Announces New Strategic Relationship With LPL Financial, Bringing The Wide Variety Of Insurers And Policy Options On The Zinnia Marketplace To The Largest Broker-Dealer In The U.S., Helping Make Life Insurance Processes Seamless

Walmart Canada Announces Additional $92M Wage Investment For Frontline Associates, Including Pay Increases For Supply Chain, Frontline Management, And Retail Hourly Workers

Looking into the current session, Associated Banc Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASB#NYSE">ASB</a>) shares are trading at $21.22, after a 0.84% drop. Over the past month, the stock fell by 6.27%, but over the past year, it actually went up by 24.75%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. 

<img src="https://www.benzinga.com/files/images/story/2024/1727272991_0.png" alt="Past Year Chart" />

<h3>Evaluating Associated Banc P/E in Comparison to Its Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of 16.2 in the Banks industry, Associated Banc Inc. has a higher P/E ratio of 18.29. Shareholders might be inclined to think that Associated Banc Inc. might perform better than its industry group. It's also possible that the stock is overvalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1727272991_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

Markets

A Look Into Associated Banc Inc's Price Over Earnings

Morgan Stanley analyst Adam Jonas upgrades Sonic Automotive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAH#NYSE">SAH</a>) from Underweight to Equal-Weight and raises the price target from $40 to $58.

Upgrades

Morgan Stanley Upgrades Sonic Automotive to Equal-Weight, Raises Price Target to $58

AEIS

Advanced Energy Unveils Ultra-Efficient 1300W, 28V Half-Brick DC-DC Converter With Digital Control, Achieving Nearly 96% Efficiency For RF Telecom Power Amplifiers

RKLB

CORRECTION: Rocket Lab announced its electron low Earth orbit mission on Friday September 20th.

Econ #s

USA New Home Sales (MoM) For August -4.7% Vs 10.3% Prior (Revised From 10.6%)

Endorsements or commentary by key business leaders can affect undecided voters&#8217; choices in the<a href="https://www.benzinga.com/topic/2024-election"> 2024 presidential election.</a>
Here's a look at which business leader could have the biggest influence on the 2024 election.
What Happened: A new Benzinga reader poll shows that Tesla CEO Elon Musk&#8217;s endorsement of Donald Trump in the 2024 election might have had the biggest influence on the outcome.
"Which tech leader is having the most influence on the 2024 presidential election?" Benzinga asked.
The results were:
<ul>
<li>Elon Musk: 79%</li>
<li>Mark Cuban: 8%</li>
<li>Mark Zuckerberg: 7%</li>
<li>Peter Thiel: 3%</li>
<li>Tim Cook: 3%</li>
</ul>
While it may not be surprising that Musk won the poll, the overwhelming margin of his victory might catch some off guard. Musk endorsed Trump for president earlier this year and since announcing his endorsement has become more vocal on social media platform X about the election and his political leanings.
Trump and Musk took part in a<a href="https://www.benzinga.com/general/social-media/24/08/40400574/musk-trump-x-spaces-sparks-discussion-benzinga-readers-say-more-talks-should-be-hosted-on-so"> Twitter Spaces together</a>, and Trump has also said he will offer the Tesla CEO a role in the White House if he wins the 2024 election.
The endorsement of Trump, who has spoken out on electric vehicles many times, came as a bit of a surprise, but also follows years of conflict with the Biden administration and clashes over unions and which company is doing the most to provide for the future of electric vehicles.
Cuban received the second-highest total in the poll, and he differs significantly from Musk in the 2024 election race. Cuban is one of several Silicon Valley figures who <a href="https://www.benzinga.com/general/politics/24/08/40105641/mark-cuban-reid-hoffman-vinod-khosla-and-nearly-500-venture-capitalists-back-kamala-harris-in-20" target="_blank" rel="noopener">have publicly endorsed</a> Vice President Kamala Harris for the presidency. The Harris campaign has <a href="https://www.benzinga.com/news/24/09/40933169/mark-cuban-teams-up-with-kamala-harris-to-protect-american-businesses-from-unfair-foreign-competitio" target="_blank" rel="noopener">asked Cuban for input </a>on several items.
Zuckerberg and Trump have clashed in recent years over the handling of the former president's account on social media platforms Facebook and Instagram. Trump <a href="https://www.benzinga.com/news/24/09/40785288/did-mark-zuckerberg-really-say-no-way-i-can-vote-for-a-democrat-in-this-election-to-trump">claims that Zuckerberg </a>told him that he couldn't vote for a Democrat in the election, which Zuckerberg's team has denied.
"As Mark has said publicly, he's not endorsing anybody in the race and not communicated to anybody how he intends to vote," a spokesperson said.
Zuckerberg will remain a figure to watch ahead of and after the election as social media platforms seek to fight misinformation and allegations of election interference. Trump has hinted at potential jail time for Zuckerberg in the future.
Thiel <a href="https://www.benzinga.com/general/politics/24/06/39557155/palantir-co-founders-thiel-lonsdale-back-trump-in-2024-election-id-rather-have-him-than-biden">has publicly endorsed</a> Trump for the 2024 election, but unlike past elections, he is not donating to the former president.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent092424">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Why It's Important: While most voters will make their decision in the 2024 election based on one or several key factors, such as the economy, immigration, inflation, abortion, health care, and more, some undecided voters may look to technology leaders they respect to get a sense of what could be in store in the future.
With Trump, a past president, his proponents have pointed to how the country performed during his time in office. For Harris, the key could be sharing how she will be different from the Biden administration under which she is currently serving.
The economy experienced high inflation and many consumers were hurt over the last several years, while the stock market reached all-time highs during the same time period.
Outside of technology leaders, global superstar Taylor Swift may have the biggest influence on the 2024 election as her endorsement of Harris <a href="https://www.benzinga.com/general/sports-betting/24/09/40823510/trump-vs-harris-2024-election-betting-odds-show-love-story-for-vice-president-after-debate">helped immediately boost </a>the betting odds for the vice president and her links to voter registration sites saw a surge in traffic.
The study was conducted by Benzinga Sept. 19 through Sept. 20, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 156 adults.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39804113/exclusive-elon-musk-is-burning-his-own-blue-bridges-by-donating-to-trump-says-market-expert">EXCLUSIVE: Elon Musk Is &#8216;Burning His Own Blue Bridges&#8217; By Donating To Trump, Says Market Expert</a></li>
</ul>
Photo: Shutterstock

Politics

Tech

Musk, Zuckerberg, Cook, Cuban Or Thiel: Who's The Most Influential Tech Leader In 2024 Election? Benzinga Readers Respond, And It's Not Even Close

Morgan Stanley analyst Adam Jonas upgrades Penske Automotive Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAG#NYSE">PAG</a>) from Underweight to Overweight and raises the price target from $115 to $180.

Morgan Stanley Upgrades Penske Automotive Group to Overweight, Raises Price Target to $180

In the preceding three months, 7 analysts have released ratings for Cadence Design Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNS#NASDAQ">CDNS</a>), presenting a wide array of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous 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;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</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;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</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;">0</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;">1</td>
<td style="text-align: right;">2</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>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $305.71, with a high estimate of $341.00 and a low estimate of $225.00. Observing a downward trend, the current average is 3.41% lower than the prior average price target of $316.50. 
<img src="https://www.benzinga.com/files/images/story/2024/1727272857_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Cadence Design Sys. 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>Edward Yang</td>
<td>Oppenheimer</td>
<td>Announces</td>
<td>Underperform</td>
<td>$225.00</td>
<td>-</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$280.00</td>
<td>$280.00</td>
</tr>
<tr>
<td>Clarke Jeffries</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$318.00</td>
<td>$318.00</td>
</tr>
<tr>
<td>Joe Vruwink</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$338.00</td>
<td>$341.00</td>
</tr>
<tr>
<td>Charles Shi</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$320.00</td>
<td>$320.00</td>
</tr>
<tr>
<td>Clarke Jeffries</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$318.00</td>
<td>$318.00</td>
</tr>
<tr>
<td>Joe Vruwink</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$341.00</td>
<td>$322.00</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 Cadence Design Sys. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Cadence Design Sys compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Cadence Design Sys's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Cadence Design Sys's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/CDNS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Cadence Design Sys analyst ratings.</a>
<h2>Unveiling the Story Behind Cadence Design Sys</h2>
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
<h3>Unraveling the Financial Story of Cadence Design Sys</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: Cadence Design Sys'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 8.61%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 21.64%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Cadence Design Sys's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.86%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 3.55%, the company showcases effective utilization of assets.
Debt Management: Cadence Design Sys's debt-to-equity ratio is below the industry average. With a ratio of 0.32, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>The Significance of Analyst Ratings Explained</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
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.
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.

CDNS

Cadence Design Sys Stock: A Deep Dive Into Analyst Perspectives (7 Ratings)

In the preceding three months, 4 analysts have released ratings for HBT Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBT#NASDAQ">HBT</a>), presenting a wide array 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;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</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;">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>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;">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;">0</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>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $25.0, a high estimate of $27.00, and a low estimate of $24.00. Marking an increase of 6.93%, the current average surpasses the previous average price target of $23.38. 
<img src="https://www.benzinga.com/files/images/story/2024/1727272846_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
A clear picture of HBT Finl'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>Jeff Rulis</td>
<td>DA Davidson</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$24.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Steven Alexopoulos</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Underweight</td>
<td>$24.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Nathan Race</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$25.00</td>
<td>$21.50</td>
</tr>
<tr>
<td>Damon Delmonte</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$27.00</td>
<td>$25.00</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 HBT Finl. This offers insight into analysts' perspectives on 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 HBT Finl compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
For valuable insights into HBT Finl'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/HBT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on HBT Finl analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Unveiling the Story Behind HBT Finl</h2>
HBT Financial Inc provides a comprehensive suite of business, commercial, wealth management, and retail banking products and services to individuals, businesses, and municipal entities throughout Central and Northeastern Illinois and Eastern Iowa. It operates through one reportable segment: community banking.
<h3>HBT Finl: Delving into 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.
Decline in Revenue: Over the 3 months period, HBT Finl faced challenges, resulting in a decline of approximately -3.89% in revenue growth as of 30 June, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: HBT Finl's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 32.17% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): HBT Finl's ROE stands out, surpassing industry averages. With an impressive ROE of 3.59%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): HBT Finl's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.36% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a below-average debt-to-equity ratio of 0.21, HBT Finl adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>How Are Analyst Ratings Determined?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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