N-able (NYSE:NABL) Stock, Quote.Headers.trade-ideas

N-able

N-able Inc is a provider of cloud-based software solutions for managed service providers (MSPs), enabling them to support digital transformation and growth for small and medium-sized enterprises. With a flexible technology platform and powerful integrations, N-able makes it easy for MSPs to monitor, manage, and protect their end-customer systems, data, and networks. The company's growing portfolio of management, security, automation, and data protection solutions is built for IT services management professionals. Geographically, the majority of revenue is from the United States. it also has a presence in the United Kingdom and all other International regions.

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Owning a home can give some people confidence about their retirement prospects, but experts warn that this confidence might be misplaced.
According to the Your Money Retirement Survey conducted by SurveyMonkey and CNBC.com, about 37% of workers – including those employed part-time, full-time, self-employed, or as business owners – believe they are "ahead of schedule" (7%) or "on schedule" (30%) with their retirement savings.
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Among those who feel on track, 42% attribute their progress to starting<a href="https://www.benzinga.com/personal-finance/24/05/38793057/can-you-guess-how-many-retire-with-a-5-million-nest-egg"> retirement savings</a> early. Other key factors contributing to their preparedness include having little to no debt (38%) and home equity or ownership (37%).
The August survey gathered responses from 6,657 adults, including 2,603 retirees and 4,054 working adults.
See Also: The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?
Angie Chen, a senior research economist and assistant director of savings research at the Center for Retirement Research at Boston College, suggests that homeowners' confidence in their home's value as a source of retirement wealth may be misguided.
"Homeowners are actually more likely to be overconfident in their retirement readiness," Chen told CNBC. "There's a lot of misconception in terms of how people assess whether they are ahead or not in retirement."
Nevertheless, Winnie Sun, co-founder and managing director of Sun Group Wealth Partners in Irvine, California, points out that homeownership can offer other benefits during retirement.
Trending: This billion-dollar fund has invested in the next big real estate boom,<a href="https://www.benzinga.com/money/fundrise-flagship-fund"> here's how you can join for $10.</a>
The Center for Retirement Research's (CRR) National Retirement Risk Index (NRRI) gauges the percentage of working-age households at risk of being financially unprepared for retirement. A 2023 CRR analysis revealed that 28% of people believe they are not at risk, despite the NRRI indicating otherwise.
"People who own houses but still owe a lot on their houses are much more likely to be overconfident or not worried enough," Chen said.
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To accurately assess retirement preparedness, Chen emphasizes the importance of considering not just the value of your home but also the amount you have borrowed and still owe.
For instance, if you purchased a $500,000 home but still owe $400,000, your actual equity is $100,000. Experts caution that accessing this equity can be costly and risky, as borrowing against your home is not always straightforward.
"<a href="https://www.benzinga.com/personal-finance/24/06/39234360/my-struggling-73-year-old-dad-owes-45-000-on-his-mortgage-and-15-000-on-a-heloc-should-he-sell-o">Housing is not liquid</a>," Chen said. "You might feel good about having this large asset, but you can't consume that in retirement. You can't spend it so that you can spend and consume other savings."
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Experts also point out some advantages to homeownership.
Owning a home offers financial benefits even if you're not factoring in home equity for retirement. First, you build equity in your home. Sun said that when you sell the property, such as when downsizing in retirement, you can access that equity as a lump sum.
Additionally, while you own the property, you have a fixed housing cost, typically including a stable mortgage payment. Despite rising costs for home insurance and property taxes in recent years, you might be eligible for senior discounts on utilities by the time you retire.
Although a house is not a liquid asset, experts suggest you can still access your home equity if needed.
"In most cases for retirees, they kind of see equity as their emergency fund," Sun said.
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Personal Finance

Retirement Ready? Think Again As Experts Warn Homeowners Still Paying Mortgages That They 'Are Much More Likely To Be Overconfident'

Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) has outperformed the market over the past 5 years by 11.84% on an annualized basis producing an average annual return of 25.79%. Currently, Oracle has a market capitalization of $465.52 billion. 
Buying $1000 In ORCL: If an investor had bought $1000 of ORCL stock 5 years ago, it would be worth $3,109.96 today based on a price of $168.00 for ORCL at the time of writing.
<h3>Oracle's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726867809_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ORCL

Here's How Much You Would Have Made Owning Oracle Stock In The Last 5 Years

In the latest quarter, 4 analysts provided ratings for ADMA Biologics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADMA#NASDAQ">ADMA</a>), showcasing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares 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;">1</td>
<td style="text-align: right;">3</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>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;">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>3M Ago</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>
</tbody>
</table>
Analysts have recently evaluated ADMA Biologics and provided 12-month price targets. The average target is $18.25, accompanied by a high estimate of $20.00 and a low estimate of $15.00. Marking an increase of 32.73%, the current average surpasses the previous average price target of $13.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1726866079_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
A comprehensive examination of how financial experts perceive ADMA Biologics is derived from recent analyst actions. The following is a detailed summary of 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>Kristen Kluska</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$20.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Raghuram Selvaraju</td>
<td>HC Wainwright &amp; Co.</td>
<td>Raises</td>
<td>Buy</td>
<td>$18.00</td>
<td>$10.00</td>
</tr>
<tr>
<td>Kristen Kluska</td>
<td>Cantor Fitzgerald</td>
<td>Raises</td>
<td>Overweight</td>
<td>$20.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Kristen Kluska</td>
<td>Cantor Fitzgerald</td>
<td>Raises</td>
<td>Overweight</td>
<td>$15.00</td>
<td>$10.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to ADMA Biologics. This insight gives a snapshot of 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 ADMA Biologics compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of ADMA Biologics's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into ADMA Biologics'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/ADMA/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on ADMA Biologics analyst ratings.</a>
<h2>Get to Know ADMA Biologics Better</h2>
ADMA Biologics Inc is an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases. The segments of the company are ADMA BioManufacturing which generates maximum revenue and Plasma Collection Centres, and corporate segment. The company sells plasma-derived intermediate fractions to certain customers, which are generated as part of its FDA-approved manufacturing process for IG and IVIG products. It also provides laboratory contracting services to certain customers and anticipates providing contract filling, labeling and packing services. The company derives maximum revenue from United States.
<h3>Understanding the Numbers: ADMA Biologics's Finances</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: ADMA Biologics'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 78.29%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Health Care sector.
Net Margin: ADMA Biologics's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 29.91%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): ADMA Biologics's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 18.75%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): ADMA Biologics's ROA excels beyond industry benchmarks, reaching 8.82%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.75, ADMA Biologics adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>What Are Analyst Ratings?</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.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

ADMA

In-Depth Examination Of 4 Analyst Recommendations For ADMA Biologics

In the last three months, 10 analysts have published ratings on Renasant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNST#NYSE">RNST</a>), offering a diverse range 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;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">7</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;">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;">3</td>
<td style="text-align: right;">3</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;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Renasant, presenting an average target of $36.9, a high estimate of $41.00, and a low estimate of $32.00. Observing a 7.83% increase, the current average has risen from the previous average price target of $34.22. 
<img src="https://www.benzinga.com/files/images/story/2024/1726866068_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The standing of Renasant among financial experts is revealed through an in-depth exploration 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>Brandon King</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$37.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Stephen Scouten</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$40.00</td>
<td>$34.00</td>
</tr>
<tr>
<td>Catherine Mealor</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$40.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>Matt Olney</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Overweight</td>
<td>$41.00</td>
<td>$34.00</td>
</tr>
<tr>
<td>David Bishop</td>
<td>Hovde Group</td>
<td>Announces</td>
<td>Market Perform</td>
<td>$38.00</td>
<td>-</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$38.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Catherine Mealor</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$36.00</td>
<td>$34.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$32.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>Stephen Scouten</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$33.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>Catherine Mealor</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$34.00</td>
<td>$34.00</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 Renasant. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Renasant compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Renasant's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Renasant's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/RNST/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Renasant analyst ratings.</a>
<h2>About Renasant</h2>
Renasant Corp operates as a holding company for Renasant Bank, a Mississippi banking corporation, and its subsidiary, Renasant Insurance, Inc. It has three reportable segments: community banks, insurance, and wealth management. With its community banks segment, the company provides a range of financial services to individuals and small businesses. Its insurance segment is an insurance agency providing commercial and personal insurance through third-party carriers. The wealth management segment provides a range of services including money management and retirement planning. The majority of the company's revenue is driven by lending activities in its community banks segment. Renasant Corporation operates in the southern United States.
<h3>Financial Insights: Renasant</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Renasant'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 11.09%. This indicates a substantial increase 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: Renasant's net margin excels beyond industry benchmarks, reaching 23.72%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Renasant's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.66% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Renasant's ROA excels beyond industry benchmarks, reaching 0.22%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.28, Renasant adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</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.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
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.

RNST

A Closer Look at 10 Analyst Recommendations For Renasant

Cathay General (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CATY#NASDAQ">CATY</a>) has been analyzed by 4 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;">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;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</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;">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>
Analysts have recently evaluated Cathay General and provided 12-month price targets. The average target is $44.5, accompanied by a high estimate of $50.00 and a low estimate of $36.00. This upward trend is apparent, with the current average reflecting a 11.95% increase from the previous average price target of $39.75.
<img src="https://www.benzinga.com/files/images/story/2024/1726866059_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
A comprehensive examination of how financial experts perceive Cathay General is derived from recent analyst actions. The following is a detailed summary of 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>Brandon King</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$47.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$45.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>David Chiaverini</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Outperform</td>
<td>$50.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Matthew Clark</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Underweight</td>
<td>$36.00</td>
<td>$32.00</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 Cathay General. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Cathay General compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Cathay General's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Cathay General's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/CATY/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Cathay General analyst ratings.</a>
<h2>All You Need to Know About Cathay General</h2>
Cathay General Bancorp is a regional bank predominantly serving the Chinese-American community. The company's policy is to reach out and actively offer services to low-to-moderate income groups in the delineated branch service areas. It predominantly provides services such as checking and deposit, lines of credits, commercial and commercial real estate loans, merchant services and payment processing, treasury management services, international banking and financing services, and other customary banking services to individuals, professionals, and small to medium-sized businesses. Through its Wealth Management unit, the company also offers investment products and services, such as stocks, bonds, mutual funds, insurance, annuities, and advisory services.
<h3>Cathay General's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Cathay General's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -12.76%. This indicates a decrease in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Cathay General's net margin excels beyond industry benchmarks, reaching 37.43%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Cathay General's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.4%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Cathay General's ROA stands out, surpassing industry averages. With an impressive ROA of 0.29%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Cathay General's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.12.
<h2>Understanding the Relevance of Analyst Ratings</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.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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.

CATY

Unveiling 4 Analyst Insights On Cathay General

During the last three months, 4 analysts shared their evaluations of First Finl Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>), revealing diverse outlooks from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares 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;">0</td>
<td style="text-align: right;">4</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;">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;">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;">0</td>
<td style="text-align: right;">2</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 $36.5, with a high estimate of $40.00 and a low estimate of $31.00. This upward trend is apparent, with the current average reflecting a 9.77% increase from the previous average price target of $33.25.
<img src="https://www.benzinga.com/files/images/story/2024/1726866050_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
The standing of First Finl Bankshares 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>Brandon King</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$40.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$39.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Matt Olney</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$36.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$31.00</td>
<td>$32.00</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 First Finl Bankshares. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of First Finl Bankshares compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of First Finl Bankshares's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into First Finl Bankshares'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/FFIN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on First Finl Bankshares analyst ratings.</a>
<h2>Discovering First Finl Bankshares: A Closer Look</h2>
First Financial Bankshares Inc is a financial and bank holding company. The company operates one line of business (community banking) located in a single geographic area (Texas). The company conducts a full-service commercial banking business through its subsidiaries. The loan portfolio segments of the company include Commercial and Industrial, Municipal, Agricultural, Construction and Development, Farm, Non-Owner Occupied and Owner Occupied Commercial Real Estate, Residential, Consumer Auto and Consumer Non-Auto.
<h3>Financial Insights: First Finl Bankshares</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.
Revenue Growth: Over the 3 months period, First Finl Bankshares showcased positive performance, achieving a revenue growth rate of 7.11% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: First Finl Bankshares's net margin is impressive, surpassing industry averages. With a net margin of 40.04%, the company demonstrates 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 3.49%, 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 0.4%, the company showcases effective utilization of assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.01.
<h2>Analyst Ratings: What Are They?</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 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.
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.

FFIN

Analyst Ratings For First Finl Bankshares

6 analysts have shared their evaluations of Live Oak Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOB#NYSE">LOB</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
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;">3</td>
<td style="text-align: right;">1</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;">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;">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;">1</td>
<td style="text-align: right;">0</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>3M 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>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $47.33, a high estimate of $57.00, and a low estimate of $38.00. This current average reflects an increase of 13.15% from the previous average price target of $41.83. 
<img src="https://www.benzinga.com/files/images/story/2024/1726866035_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The standing of Live Oak Bancshares 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>Brandon King</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$57.00</td>
<td>$51.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$51.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Crispin Love</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$46.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>Timothy Switzer</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$47.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$38.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Steven Alexopoulos</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$45.00</td>
<td>$46.00</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 Live Oak Bancshares. 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 Live Oak Bancshares 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>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Live Oak Bancshares's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/LOB/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Live Oak Bancshares analyst ratings.</a>
<h2>All You Need to Know About Live Oak Bancshares</h2>
Live Oak Bancshares Inc operates as the bank holding company for the Live Oak Banking Company. The company specializes in lending and deposit-related services to small businesses nationwide. The company identifies and extends lending to credit-worthy borrowers both within specific industries, also called verticals, through expertise within those industries, and more broadly to select borrowers outside of those industries. A portion of the loans originated by the Bank are partially guaranteed by the Small Business Administration under the 7(a) Loan Program and the U.S. Department of Agriculture Rural Energy for America Program, Water and Environmental Program, Business and Industry and Community Facilities loan programs.
<h3>Unraveling the Financial Story of Live Oak Bancshares</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Positive Revenue Trend: Examining Live Oak Bancshares's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 15.27% as of 30 June, 2024, showcasing a substantial increase in 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.
Net Margin: Live Oak Bancshares's net margin excels beyond industry benchmarks, reaching 21.85%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Live Oak Bancshares's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.86% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Live Oak Bancshares's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.23% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Live Oak Bancshares's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.12.
<h2>The Significance of Analyst Ratings Explained</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Forecasting The Future: 6 Analyst Projections For Live Oak Bancshares

Coca-Cola Consolidated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COKE#NASDAQ">COKE</a>) has outperformed the market over the past 10 years by 21.34% on an annualized basis producing an average annual return of 32.55%. Currently, Coca-Cola Consolidated has a market capitalization of $11.08 billion. 
Buying $1000 In COKE: If an investor had bought $1000 of COKE stock 10 years ago, it would be worth $16,450.88 today based on a price of $1264.25 for COKE at the time of writing.
<h3>Coca-Cola Consolidated's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726866016_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

COKE

Here's How Much You Would Have Made Owning Coca-Cola Consolidated Stock In The Last 10 Years

Across the recent three months, 12 analysts have shared their insights on Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>), expressing a variety of opinions spanning 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;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">7</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;">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;">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>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</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;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $23.67, a high estimate of $28.00, and a low estimate of $21.00. Marking an increase of 7.59%, the current average surpasses the previous average price target of $22.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1726866015_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
A clear picture of Regions 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>Brandon King</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$25.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Keith Horowitz</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$26.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$28.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Keith Horowitz</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$25.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Erika Najarian</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$25.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$23.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Gerard Cassidy</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$23.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Whit Mayo</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$22.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>David Konrad</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$21.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$21.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Kenneth Usdin</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$24.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$21.00</td>
<td>$22.00</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 Regions Finl. 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 Regions Finl compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Regions Finl's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Regions Finl's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/RF/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Regions Finl analyst ratings.</a>
<h2>Unveiling the Story Behind Regions Finl</h2>
Regions Financial is a regional bank headquartered in Alabama, with branches primarily in the Southeastern and Midwestern United States. Regions primarily provides traditional commercial and retail banking and also offers mortgage services, asset management, wealth management, securities brokerage, and trust services.
<h3>Regions Finl: Financial Performance Dissected</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Challenges: Regions Finl's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -11.55%. This indicates a decrease in top-line earnings. When compared to others in the Financials 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 27.56%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Regions Finl's ROE stands out, surpassing industry averages. With an impressive ROE of 3.09%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Regions Finl's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.31%, the company showcases efficient use of assets and strong financial health.
Debt Management: Regions Finl's debt-to-equity ratio is below the industry average at 0.36, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>How Are Analyst Ratings Determined?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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.

12 Analysts Have This To Say About Regions Finl

Gartner (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IT#NYSE">IT</a>) has outperformed the market over the past 15 years by 13.06% on an annualized basis producing an average annual return of 24.88%. Currently, Gartner has a market capitalization of $39.86 billion. 
Buying $1000 In IT: If an investor had bought $1000 of IT stock 15 years ago, it would be worth $28,516.94 today based on a price of $517.24 for IT at the time of writing.
<h3>Gartner's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726866011_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Gartner Stock In The Last 15 Years

Deep-pocketed investors have adopted a bullish approach towards Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</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 CAT usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 22 extraordinary options activities for Caterpillar. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 45% leaning bullish and 36% bearish. Among these notable options, 14 are puts, totaling $1,288,875, and 8 are calls, amounting to $389,403.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $310.0 and $450.0 for Caterpillar, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Caterpillar options trades today is 723.82 with a total volume of 11,962.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Caterpillar's big money trades within a strike price range of $310.0 to $450.0 over the last 30 days.
<h3>Caterpillar Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726865250_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>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CAT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$9.15</td>
<td>$9.0</td>
<td>$9.07</td>
<td>$350.00</td>
<td>$546.3K</td>
<td>1.2K</td>
<td>634</td>
</tr>
<tr>
<td>CAT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$5.65</td>
<td>$5.3</td>
<td>$5.65</td>
<td>$450.00</td>
<td>$141.2K</td>
<td>136</td>
<td>250</td>
</tr>
<tr>
<td>CAT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/01/24</td>
<td>$7.55</td>
<td>$6.85</td>
<td>$6.85</td>
<td>$350.00</td>
<td>$123.3K</td>
<td>27</td>
<td>200</td>
</tr>
<tr>
<td>CAT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$9.05</td>
<td>$8.95</td>
<td>$9.02</td>
<td>$350.00</td>
<td>$95.5K</td>
<td>1.2K</td>
<td>1.3K</td>
</tr>
<tr>
<td>CAT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$8.8</td>
<td>$8.75</td>
<td>$8.79</td>
<td>$350.00</td>
<td>$89.7K</td>
<td>1.2K</td>
<td>1.5K</td>
</tr>
</tbody>
</table>

<h3>About Caterpillar</h3>
Caterpillar is the top manufacturer of heavy equipment, power solutions, and locomotives. It is currently the world's largest manufacturer of heavy equipment. The company is divided into four reportable segments: construction industries, resource industries, energy and transportation, and Cat Financial. Its products are available through a dealer network that covers the globe with about 2,700 branches maintained by 160 dealers. Cat Financial provides retail financing for machinery and engines to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Caterpillar product sales.
Following our analysis of the options activities associated with Caterpillar, we pivot to a closer look at the company's own performance.
<h3>Current Position of Caterpillar</h3>
<ul>
<li>With a volume of 5,177,212, the price of CAT is down -1.13% at $369.1. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 39 days.</li>
</ul>
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Options

What the Options Market Tells Us About Caterpillar

Whales with a lot of money to spend have taken a noticeably bearish stance on Visa.
Looking at options history for Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) we detected 19 trades.
If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 52% with bearish.
From the overall spotted trades, 15 are puts, for a total amount of $875,964 and 4, calls, for a total amount of $279,465.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $230.0 to $300.0 for Visa over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Visa stands at 446.8, with a total volume reaching 1,862.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Visa, situated within the strike price corridor from $230.0 to $300.0, throughout the last 30 days.
<h3>Visa Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726865245_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</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>V</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$34.55</td>
<td>$33.75</td>
<td>$34.0</td>
<td>$250.00</td>
<td>$170.0K</td>
<td style="text-align: right;">229</td>
<td style="text-align: right;">52</td>
</tr>
<tr>
<td>V</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$19.0</td>
<td>$18.75</td>
<td>$18.8</td>
<td>$300.00</td>
<td>$99.5K</td>
<td style="text-align: right;">49</td>
<td style="text-align: right;">106</td>
</tr>
<tr>
<td>V</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$14.25</td>
<td>$14.0</td>
<td>$14.14</td>
<td>$295.00</td>
<td>$77.9K</td>
<td style="text-align: right;">340</td>
<td style="text-align: right;">343</td>
</tr>
<tr>
<td>V</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$14.1</td>
<td>$13.8</td>
<td>$13.99</td>
<td>$295.00</td>
<td>$77.4K</td>
<td style="text-align: right;">340</td>
<td style="text-align: right;">288</td>
</tr>
<tr>
<td>V</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$15.5</td>
<td>$15.25</td>
<td>$15.45</td>
<td>$295.00</td>
<td>$69.5K</td>
<td style="text-align: right;">129</td>
<td style="text-align: right;">154</td>
</tr>
</tbody>
</table>

<h3>About Visa</h3>
Visa is the largest payment processor in the world. In fiscal 2023, it processed almost $15 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
Having examined the options trading patterns of Visa, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Visa</h3>
<ul>
<li>With a volume of 27,553,349, the price of V is down -0.43% at $284.0. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 32 days.</li>
</ul>
<h3>What Analysts Are Saying About Visa</h3>
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $314.6666666666667.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Reflecting concerns, an analyst from Compass Point lowers its rating to Buy with a new price target of $319. 
&#x2A; Maintaining their stance, an analyst from B of A Securities continues to hold a Neutral rating for Visa, targeting a price of $308. 
&#x2A; Consistent in their evaluation, an analyst from Goldman Sachs keeps a Buy rating on Visa with a target price of $317. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Visa with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Visa's Options Frenzy: What You Need to Know

Benzinga's options scanner just detected over 8 options trades for JD.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) summing a total amount of $1,462,072.
At the same time, our algo caught 4 for a total amount of 1,325,899.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $25.0 to $30.0 for JD.com 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 JD.com'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 JD.com's whale activity within a strike price range from $25.0 to $30.0 in the last 30 days. 
<h3>JD.com Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726865239_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>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>JD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$3.75</td>
<td>$3.65</td>
<td>$3.66</td>
<td>$30.00</td>
<td>$1.0M</td>
<td>230</td>
<td>3.0K</td>
</tr>
<tr>
<td>JD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$0.96</td>
<td>$0.94</td>
<td>$0.94</td>
<td>$25.00</td>
<td>$94.0K</td>
<td>22.3K</td>
<td>2.0K</td>
</tr>
<tr>
<td>JD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$0.99</td>
<td>$0.94</td>
<td>$0.94</td>
<td>$25.00</td>
<td>$94.0K</td>
<td>22.3K</td>
<td>1</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$1.05</td>
<td>$1.03</td>
<td>$1.06</td>
<td>$27.50</td>
<td>$54.6K</td>
<td>31.4K</td>
<td>875</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$1.0</td>
<td>$0.96</td>
<td>$0.99</td>
<td>$27.50</td>
<td>$52.9K</td>
<td>31.4K</td>
<td>2.6K</td>
</tr>
</tbody>
</table>

<h3>About JD.com</h3>
JD.com is a leading e-commerce platform with its 2022 China GMV being similar to Pinduoduo (GMV not reported), on our estimate, but still lower than Alibaba. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.
Having examined the options trading patterns of JD.com, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of JD.com</h3>
<ul>
<li>Trading volume stands at 9,633,570, with JD's price down by -0.56%, positioned at $28.58.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 54 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
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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 JD.com, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

What the Options Market Tells Us About JD.com

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Investors with a lot of money to spend have taken a bearish stance on Trade Desk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>).
And retail traders should know.
We noticed this today when the trades 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 TTD, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 8 uncommon options trades for Trade Desk.
This isn't normal.
The overall sentiment of these big-money traders is split between 25% bullish and 75%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $808,150, and 4 are calls, for a total amount of $244,857.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $115.0 for Trade Desk over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for Trade Desk options trades today is 754.25 with a total volume of 633.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Trade Desk's big money trades within a strike price range of $50.0 to $115.0 over the last 30 days.
<h3>Trade Desk Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726864342_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</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>TTD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$15.05</td>
<td>$14.4</td>
<td>$15.02</td>
<td>$115.00</td>
<td>$600.8K</td>
<td>208</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>TTD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$14.9</td>
<td>$14.3</td>
<td>$14.3</td>
<td>$100.00</td>
<td>$143.0K</td>
<td>440</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>TTD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$4.55</td>
<td>$4.35</td>
<td>$4.52</td>
<td>$105.00</td>
<td>$118.4K</td>
<td>2.4K</td>
<td style="text-align: right;">401</td>
</tr>
<tr>
<td>TTD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$19.6</td>
<td>$19.2</td>
<td>$19.2</td>
<td>$90.00</td>
<td>$57.6K</td>
<td>1.3K</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>TTD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$22.7</td>
<td>$21.6</td>
<td>$21.6</td>
<td>$90.00</td>
<td>$43.2K</td>
<td>451</td>
<td style="text-align: right;">20</td>
</tr>
</tbody>
</table>

<h3>About Trade Desk</h3>
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on different devices like computers, smartphones, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising.
After a thorough review of the options trading surrounding Trade Desk, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Trade Desk Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 3,241,277, with TTD's price down by -0.57%, positioned at $109.51.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 48 days.</li>
</ul>
<h3>What Analysts Are Saying About Trade Desk</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $119.0.
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&#x2A; An analyst from Loop Capital persists with their Buy rating on Trade Desk, maintaining a target price of $120. 
&#x2A; Reflecting concerns, an analyst from Needham lowers its rating to Buy with a new price target of $115. 
&#x2A; In a cautious move, an analyst from B of A Securities downgraded its rating to Buy, setting a price target of $135. 
&#x2A; An analyst from Wedbush persists with their Outperform rating on Trade Desk, maintaining a target price of $115. 
&#x2A; Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Neutral with a new price target of $110.
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 Trade Desk, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Spotlight on Trade Desk: Analyzing the Surge in Options Activity

Financial giants have made a conspicuous bullish move on Carvana. Our analysis of options history for Carvana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) revealed 24 unusual trades.
Delving into the details, we found 62% of traders were bullish, while 25% showed bearish tendencies. Out of all the trades we spotted, 12 were puts, with a value of $609,015, and 12 were calls, valued at $2,048,631.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $70.0 to $250.0 for Carvana over the recent three months. 
<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 Carvana'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 Carvana's whale activity within a strike price range from $70.0 to $250.0 in the last 30 days. 
<h3>Carvana 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726864336_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>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$26.9</td>
<td>$24.35</td>
<td>$26.67</td>
<td>$146.00</td>
<td>$1.3M</td>
<td>3.8K</td>
<td>3.0K</td>
</tr>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$69.4</td>
<td>$68.05</td>
<td>$69.4</td>
<td>$105.00</td>
<td>$138.8K</td>
<td>20</td>
<td>0</td>
</tr>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/27/24</td>
<td>$2.24</td>
<td>$2.03</td>
<td>$2.04</td>
<td>$180.00</td>
<td>$102.5K</td>
<td>619</td>
<td>1.6K</td>
</tr>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$72.5</td>
<td>$71.4</td>
<td>$72.5</td>
<td>$100.00</td>
<td>$94.2K</td>
<td>222</td>
<td>0</td>
</tr>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/04/24</td>
<td>$20.2</td>
<td>$18.35</td>
<td>$19.14</td>
<td>$155.00</td>
<td>$78.4K</td>
<td>2.2K</td>
<td>1.0K</td>
</tr>
</tbody>
</table>

<h3>About Carvana</h3>
Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.
<h3>Carvana's Current Market Status</h3>
<ul>
<li>With a volume of 5,365,127, the price of CVNA is up 1.65% at $173.56. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 41 days.</li>
</ul>
<h3>What Analysts Are Saying About Carvana</h3>
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $183.0.
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&#x2A; In a cautious move, an analyst from B of A Securities downgraded its rating to Buy, setting a price target of $185. 
&#x2A; An analyst from Evercore ISI Group has decided to maintain their In-Line rating on Carvana, which currently sits at a price target of $157. 
&#x2A; An analyst from JMP Securities has revised its rating downward to Market Outperform, adjusting the price target to $200. 
&#x2A; An analyst from Stephens &amp; Co. downgraded its action to Overweight with a price target of $190. 
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CVNA

Unpacking the Latest Options Trading Trends in Carvana

There's a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on The Descartes Systems Group (DSGX – Research Report)...

Analysts Offer Insights on Technology Companies: The Descartes Systems Group (DSGX), Pure Storage (PSTG) and N-able (NABL)

N-able could see more than $15 a share in takeover - analyst

Investors looking to capitalize on economic expansions often turn to high-growth stocks for robust portfolio returns. In this article, we discuss three quality tech stocks: Pure Storage (PSTG), N-able (NABL), and AvePoint (AVPT), with explosive growth prospects that could be ideal investments worthy of their premium price. Read more… Amid rising IT spending and expanding the realm of generative AI initiatives, investors are eyeing high-PE tech stocks as potential growth catalysts in their portfolios. Therefore, considering investments in high-PE tech stocks like Pure Storage, Inc. (<a href="https://stocknews.com/stock/PSTG/">PSTG</a>), N-able, Inc. (<a href="https://stocknews.com/stock/NABL/">NABL</a>), and AvePoint, Inc. (<a href="https://stocknews.com/stock/AVPT/">AVPT</a>) could be prudent, given their solid fundamentals and promising growth prospects.
In the evolving enterprise technology landscape, IT service providers have long relied on managing complex IT ecosystems for their clients. Now, with the rise of generative AI, enterprises are increasingly investing in AI to automate and optimize IT management.
This shift presents a significant growth opportunity, with the gen AI services market projected to exceed $200 billion by 2029. If IT providers can grab a piece of that pie, their profits could increase by <a href="https://www.mckinsey.com/industries/technology-media-and-telecommunications/our-insights/tech-services-and-generative-ai-plotting-the-necessary-reinvention">as much as 30%</a>.
Adding to this optimistic outlook, Gartner predicts a robust growth trajectory for global IT spending, anticipated to surge to <a href="https://www.gartner.com/en/newsroom/press-releases/2024-04-16-gartner-forecast-worldwide-it-spending-to-grow-8-percent-in-2024">$5.06 trillion in 2024</a>, marking an 8% increase from the previous year. A substantial portion of this spending will be driven by growing generative AI initiatives to enhance operational efficiencies and drive innovation across industries.
Moreover, the software market is set to <a href="https://www.statista.com/outlook/tmo/software/worldwide#:~:text=Revenue%20in%20the%20Software%20market,US%24858.10bn%20by%202028.">reach $698.80 billion</a> in revenue by 2024, with the U.S. expected to lead with $353.50 billion. This market is poised to grow at a steady CAGR of 5.3% through 2028, reaching an estimated $858.10 billion. Such robust growth forecasts underscore the lucrative opportunities within the tech sector, particularly for companies at the forefront of AI innovation and digital transformation.
Besides, investors' interest in tech stocks is evident from the Technology Select Sector SPDR ETF's (<a href="https://stocknews.com/stock/XLK/">XLK</a>) 38.7% returns over the past nine months.
Despite many tech stocks commanding high PE ratios, investors are betting on their future growth and profit potential. Thanks to their strong growth prospects, dominant market positions, and scalable business models, these companies are seen as capable of delivering substantial returns.
However, investors must thoroughly evaluate the stocks' fundamentals, market dynamics, and associated risks before making any investment commitments.
So, let's dig deeper into the fundamentals of the three tech stocks: PSTG, NABL, and AVPT. These stocks have elevated PE ratios, justifying their premium valuation due to promising growth prospects, market dominance, and innovative prowess.
Pure Storage, Inc. (<a href="https://stocknews.com/stock/PSTG/">PSTG</a>)
PSTG provides data storage and management technologies, products, and services in the United States and internationally. The company's Purity software is shared across its products and provides enterprise-class data services.
On June 5, 2024, PSTG announced a strategic investment in LandingAI, the leading visual AI company, to advance vision AI technology. This collaboration aims to integrate PSTG's data storage platform with LandingAI's Large Vision Model (LVM) solutions, enhancing enterprises' AI capabilities. It would enable enterprises to better utilize AI for complex image and video data, driving innovation and competitive advantage in the AI/ML sector.
In terms of forward non-GAAP P/E, PSTG is trading at 40.24x, 69.1 higher than the industry average of 23.79x. Likewise, the stock's forward EV/Sales and Price/Sales multiples of 6.20 and 6.66 are 112.3% and 129.6% above their respective industry averages of 2.92 and 2.90.
PSTG's trailing-12-month gross profit margin of 71.68% is 45.4% higher than the industry average of 49.30%. Similarly, its trailing-12-month levered FCF margin and ROCE of 15.58% and 8.22% are 58.1% and 93.7% higher than the industry averages of 9.85% and 4.24%, respectively.
For the fiscal first quarter that ended May 5, 2024, PSTG's total revenue increased 17.7% year-over-year to $693.48 million. Its non-GAAP gross profit grew 20.4% from the year-ago value to $512.16 million. The company's non-GAAP <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> improved by 334.7% and 300% from the prior year's quarter to $107.30 million and $0.32 per share, respectively. Also, its non-GAAP free cash flow stood at $172.68 million, up 41.7% year-over-year.
Analysts expect PSTG's EPS for the second quarter ending July 2024, to increase 8.2% year-over-year to $0.37. The company's revenue is expected to grow 9.8% year-over-year to $756.09 million for the same quarter. Further, PSTG topped the consensus EPS and revenue estimates in each of the trailing four quarters, which is excellent.
PSTG's stock has gained 82.9% over the past nine months to close the last trading session at $64.21.
PSTG's bright prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has an A grade for Growth and Quality. PSTG is ranked first in the A-rated <a href="https://stocknews.com/category/technology-storage/">Technology – Storage</a> industry.
<a href="https://stocknews.com/stock/PSTG/">Click here</a> to access all PSTG ratings (Value, Momentum, Stability, and Sentiment).
N-able, Inc. (<a href="https://stocknews.com/stock/NABL/">NABL</a>)
NABL provides cloud-based software solutions for managed service providers (MSPs) globally. Their platform supports digital transformation and growth for small and medium-sized enterprises, serving as an integrated, enterprise-grade operating system that scales with MSP businesses.
On May 21, NABL announced its collaboration with MSPAlliance to help managed service providers (MSPs) meet compliance requirements proactively using MSPAlliance's Cyber Verify program. This initiative allows N-able partners to identify gaps, certify compliance, and offer Compliance-as-a-Service solutions to their customers.
In terms of forward non-GAAP P/E, NABL is trading at 36.77x, which is 54.5% higher than the industry average of 23.79x. The stock's forward EV/EBITDA of 18.59x is 25.9% higher than the industry average of 14.75x. Also, its forward EV/Sales multiple of 6.57 is 124.9% above the industry average of 2.92.
NABL's trailing-12-month gross profit margin of 84.29% is 70.9% higher than the industry average of 49.30%, while its trailing-12-month levered FCF margin of 14.79% is 50.1% higher than the industry average of 9.85%. Also, the stock's 4.36% trailing-12-month ROTC is 62.9% above the industry average of 2.68%.
NABL's revenue for the fiscal first quarter ended March 31, 2024, increased 13.9% year-over-year to $113.75 million. Its gross profit rose 14.2% from the prior year's quarter to $95.45 million, while its non-GAAP operating income grew 22.6% from the year-ago value to $33.21 million. The company's non-GAAP net income and non-GAAP EPS amounted to $19.84 million and $0.11, reflecting an increase of 32.5% and 37.5% year-over-year, respectively.
The consensus EPS estimate of $0.10 for the second quarter (ended June 2024) indicates a 15.5% increase year-over-year. The consensus revenue estimate of $116.83 million for the same quarter reflects a 10.1% improvement from the prior year's period. The company has an excellent earnings surprise history; it surpassed the consensus EPS estimates in each of the trailing four quarters.
Shares of NABL have gained 20.7% over the past month to close the last trading session at $15.23.
NABL's POWR Ratings reflect its promising outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
The stock has a B grade in Growth, Stability, and Sentiment. It is ranked #18 out of 79 stocks in the <a href="https://stocknews.com/category/technology-services/">Technology – Services</a> industry.
<a href="https://stocknews.com/stock/NABL/">Click here</a> to see the additional ratings for NABL (Value, Momentum, and Quality).
AvePoint, Inc. (<a href="https://stocknews.com/stock/AVPT/">AVPT</a>)
AVPT provides a global cloud-native data management software platform, serving organizations across various regions, including North America, Europe, the Middle East, Africa, and Asia Pacific. The company specializes in software-as-a-service solutions and productivity applications, offering modular and cloud services architecture.
On June 26, the company announced it had won its sixth global Microsoft Partner of the Year Award, this time in the Education category. It was recognized among the top Microsoft partners worldwide for its excellence in innovation and implementation of customer solutions based on Microsoft technology.
In April, AVPT announced new analytics capabilities in its tyGraph solution, specifically for Copilot for Microsoft 365. This enhancement allows organizations to measure and optimize their usage and impact of Copilot, helping them unlock AI investments and improve employee experience.
In terms of forward non-GAAP P/E, AVPT is trading at 62.57x, 162.9% higher than the industry average of 23.79x. The stock's forward EV/Sales of 5.43x is 85.9% higher than the industry average of 2.92x. Also, its forward Price/Cash Flow multiple of 49.62 compares with the 24.12x industry average.
AVPT's trailing-12-month gross profit margin of 72.10% is 46.3% higher than the industry average of 49.30%. Similarly, its trailing-12-month levered FCF margin of 16.39% is 66.3% higher than the industry average of 9.85%.
AVPT's total revenue for the fiscal first quarter that ended March 31, 2024, increased 225.1% from the year-ago value to $74.53 million. Its non-GAAP gross profit for the quarter stood at $55.20 million, up 29.6% year-over-year. The company's non-GAAP operating income amounted to $6.61 million compared to a loss of 329 thousand in the prior year quarter. Also, its net cash inflow from operating activities improved considerably from the year-ago value to $7.77 million.
Street expects AVPT's revenue and EPS for the third quarter ending September 2024 to increase 13.6% and 69.5% year-over-year to $82.68 million and $0.05, respectively. Moreover, the company surpassed the revenue estimates in each of the trailing four quarters, which is remarkable.
Over the past year, the stock has gained 82.2%, closing the last trading session at $10.42.
AVPT's POWR Ratings reflect its positive prospects. The stock has an overall B rating, which equates to a Buy in our proprietary rating system.
AVPT also has a B grade for Growth, Sentiment, and Quality. Within the same Technology – Services industry, it is ranked #14. To see the additional POWR Ratings of AVPT for Value, Momentum, and Stability, <a href="https://stocknews.com/stock/AVPT/">click here</a>.
What To Do Next?
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<hr />
PSTG shares were trading at $64.99 per share on Monday afternoon, up $0.78 (+1.21%). Year-to-date, PSTG has gained 82.25%, versus a 15.44% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Shweta Kumari</h2> <img src='https:/wp-content/uploads/2022/03/Shweta-Kumari_Image-2.jpg' style="float:left; padding:5px;width:125px;">Shweta's profound interest in financial research and quantitative analysis led her to pursue a career as an investment analyst. She uses her knowledge to help retail investors make educated investment decisions.<a href="https://stocknews.com/authors/?author=shweta-kumari">More...</a>The post <a href=https://stocknews.com/news/pstg-nabl-avpt-3-high-pe-tech-stocks-to-watch-for-explosive-growth/>3 High-PE Tech Stocks to Watch for Explosive Growth</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-PE Tech Stocks to Watch for Explosive Growth

With the growing demand for generative AI, surging IT spending, and other technological innovations, the tech industry is positioned for robust growth. Thus, it could be wise to buy fundamentally sound high-growth tech stocks Pure Storage (PSTG), Leidos Holdings (LDOS), and N-able (NABL) during market volatility. Read on... Digital technology is transforming enterprises and their operations with evolving technologies like generative AI. Also, cloud-based software and rising demand for automated business processes are prompting new innovations for efficient operations.
Given the industry's bright prospects, fundamentally sound high-growth tech stocks Pure Storage, Inc. (<a href="https://stocknews.com/stock/PSTG/">PSTG</a>), Leidos Holdings, Inc. (<a href="https://stocknews.com/stock/LDOS/">LDOS</a>), and N-able, Inc. (<a href="https://stocknews.com/stock/NABL/">NABL</a>) could be ideal portfolio additions to defy market volatility.
With the <a href="https://www.mckinsey.com/industries/technology-media-and-telecommunications/our-insights/tech-services-and-generative-ai-plotting-the-necessary-reinvention">rapid emergence of generative AI</a>, enterprises are shifting their focus to leverage its capabilities to streamline or automate some of their IT management services. This also indicate an increase in demand for a wide range of new services, offering significant opportunity for providers.
With this, the emerging market for services relating to gen AI/AI is likely to reach $200 billion by 2029 with tech services providers profitability growing upto 30% in the period.
The rapid growth has also resulted in staggering IT spending. <a href="https://www.gartner.com/en/newsroom/press-releases/2024-04-16-gartner-forecast-worldwide-it-spending-to-grow-8-percent-in-2024">According to Gartner</a>, worldwide IT spending is expected to total $5.06 trillion in 2024, reflecting growth of 8% from the prior year driven by enterprises planning for GenAI initiatives and bringing GenAI capabilities to their existing products and services.
Further, with the growing popularity of cloud-based software and rising concern to automate business processes, the demand for IT services worldwide is rapidly growing. The <a href="https://www.industryarc.com/Research/IT-Services-Market-Research-501180">global IT services market</a> is expected to reach $1.85 trillion by 2031, growing at a CAGR of 9.5%.
Besides, amid growing demand for energy-efficient and compact storage solutions in homes and small offices, together with rising adoption of NVMe in enterprises storage systems, and growing usage of 5g technology, <a href="https://www.marketsandmarkets.com/Market-Reports/next-generation-data-storage-market-12592401.html">the next-generation data storage market</a> is projected to hit $90 billion by 2029, growing at a CAGR of 6.7%.
Considering the encouraging market trends, let's delve deeper into the fundamentals of the three tech stocks: PSTG, LDOS, and NABL.
Pure Storage, Inc. (<a href="https://stocknews.com/stock/PSTG/">PSTG</a>)
PSTG is engaged in the data storage and management technologies, products, and services internationally. Its Purity software is shared across its products and provides enterprise-class data services. The company also offers FlashArray integrated hardware systems, including FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services.
PSTG's revenue has grown at CAGR of 19.3% over the past three years. The company's tangible book value has increased 51.2% over the same timeframe, while its total assets and <a href="https://www.investopedia.com/terms/l/levered-free-cash-flow.asp">levered free cash flow</a> have improved at CAGRs of 10.3% and 57%, respectively.
On June 5, PSTG announced a strategic investment in LandingAI, the leading visual AI company, to advance vision AI technology. This collaboration aims to integrate PSTG's data storage platform with LandingAI's Large Vision Model (LVM) solutions, enhancing enterprises' AI capabilities and lead to significant AI/ML advancements for the customers.
For the first quarter that ended May 5, 2024, PSTG's total revenue increased 17.7% year-over-year to $693.48 million. Its non-GAAP gross profit grew 20.4% from the year-ago value to $512.16 million. The company's non-GAAP net income of $107.30 million and $0.32 per share, indicates increases of 334.7% and 300% from the prior year's quarter, respectively.
Also, the company's non-GAAP free cash flow stood at $172.68 million, up 41.7% year-over-year.
According to the company's guidance, PSTG expects revenue of $755 million and non-GAAP operating income of $125 million for the second quarter of fiscal 2025.
Also, for the fiscal full year 2025, the company expects revenue of $3.10 billion with revenue year-over-year growth rate of 10.5%. Its non-GAAP operating income is expected to be $532 million.
Analysts expect PSTG's revenue and EPS for the second quarter (ending July 2024) to increase 9.8% and 8.2% year-over-year to $756.09 million and $0.37, respectively. Also, the company has surpassed the consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive.
Over the past six months, PSTG's stock has gained 80.7% and 69.6% over the past year to close the last trading session at $62.94.
PSTG's bright outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has an A grade for Growth and Quality. Within the A-rated <a href="https://stocknews.com/category/technology-storage/">Technology - Storage</a> industry, PSTG has topped among the stocks.
<a href="https://stocknews.com/stock/PSTG/">Click here</a> to access additional ratings of PSTG (Value, Sentiment, Stability, and Momentum).
Leidos Holdings, Inc. (<a href="https://stocknews.com/stock/LDOS/">LDOS</a>)
LDOS offers services and solutions in the defense, intelligence, civil, and health markets internationally. The company operates through Defense Solutions; Civil; and Health segments.
LDOS' revenue and EBITDA have grown at respective CAGRs of 7.3% and 7.1% over the past three years. The company's EBIT has increased 8.2% over the same timeframe, while its normalized net income and levered free cash flow have improved at CAGRs of 9.2% and 14.1%, respectively.
On June 13, LDOS was awarded a $738 million follow-on contract to provide enterprise information technology and telecommunications support, including cybersecurity, to Headquarters Air Force, Headquarters Space Force, Air Force District of Washington, and other Department of the Air Force activities and missions in the national capital region.
On May 7, LDOS secured a $631 million award from the U.S. Army Contracting Command to support the army's DIABLO program. The contract positioned LDOS as a leading mission equipment provider to the Army for the next 10 years.
Also, on May 1, LDOS was awarded a contract by the National Geospatial-Intelligence Agency's Exploitation Services Program to sustain and modernize geospatial processing for increased efficiency and interoperability. The award referred to as Maru, has a ceiling value of $206 million, if all task orders are exercised over a five-year period of performance.
For the first quarter that ended March 29, 2024, LDOS' revenues increased 7.5% year-over-year to $3.97 billion. Its operating income rose 56.6% year-over-year to $415 million. Non-GAAP net income and EPS attributable to Leidos common stockholders came in at $314 million and $2.29, up 54.7% and 55.8% over the prior year's quarter.
Furthermore, the company's non-GAAP EBITDA increased 41.6% from the year-ago value to $490 million.
Analysts expect LDOS' revenue for the second quarter (ended June 2024) to increase 5.6% year-over-year to $4.05 billion, and its EPS for the same period is expected to grow 24.5% year-over-year to $2.24. Moreover, the company topped the consensus EPS and revenue estimates in each of the trailing four quarters, which is impressive.
The stock has surged 35.1% over the past six months and 65% over the past year to close the last trading session at $145.73.
LDOS' POWR Ratings reflect its bright prospects. The stock has an overall grade of A, translating to a Strong Buy in our proprietary rating system.
LDOS has an A grade for Sentiment. It also has a B grade for Stability, Growth, and Momentum. It has topped among the 79 stocks within the <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> industry.
To see the other ratings of LDOS for Quality and Value, <a href="https://stocknews.com/stock/LDOS/">click here</a>.
N-able, Inc. (<a href="https://stocknews.com/stock/NABL/">NABL</a>)
NABL provides cloud-based software solutions for managed service providers globally. Their platform supports digital transformation and growth for small and medium-sized enterprises, serving as an integrated, enterprise-grade operating system that scales with MSP businesses.
NABL's revenue and EBITDA have grown at respective CAGRs of 11.7% and 13.5% over the past three years. The company's EBIT has increased 28.9% over the same timeframe, while its normalized net income and total assets have improved at CAGRs of 94.4% and 2.5%, respectively.
On May 21, NABL collaborated with MSPAlliance to help equip managed service providers (MSPs) to meet compliance requirements proactively using MSPAlliance's Cyber Verify program. Through the collaboration, NABL partners can quickly identify gaps, certify alignment with compliance requirements, and offer compliance-as-a-service solutions to customers.
During the first quarter that ended on March 31, 2024, NABL's subscription and other revenue increased 13.9% year-over-year to $113.75 million while its gross profit rose 14.2% from the year-ago value to $95.45 million. The company's non-GAAP operating income of $33.21 million indicates growth of 22.6% from the prior year's quarter.
In addition, the company's non-GAAP net income and EPS came in at $19.84 million and $0.11, up 32.5% and 37.5% year-over-year, respectively.
Street expects NABL's EPS for the second quarter (ended June 2024) to increase 15.5% year-over-year to $0.10. Its revenue is expected to grow 10.1% year-over-year to $116.83 million for the same quarter. Furthermore, the company surpassed the consensus revenue and EPS estimates in all of the trailing four quarters.
Shares of NABL have gained 10.3% over the past month and 14.2% over the past six months to close the last trading session at $14.84.
NABL's sound fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
NABL has a B grade for Stability, Sentiment and Growth. It is ranked #16 among 79 stocks in the Technology - Services industry.
In addition to the POWR Ratings we've stated above, we also have NABL's ratings for Value, Momentum, and Quality. Get all NABL ratings <a href="https://stocknews.com/stock/NABL/">here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
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<hr />
PSTG shares were trading at $63.69 per share on Wednesday afternoon, up $0.92 (+1.47%). Year-to-date, PSTG has gained 78.60%, versus a 16.76% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/pstg-ldos-nabl-3-high-growth-tech-stocks-defying-market-volatility/>3 High-Growth Tech Stocks Defying Market Volatility</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-Growth Tech Stocks Defying Market Volatility

N-able Non-GAAP EPS of $0.14 beats by $0.04, revenue of $119.4M beats by $2.56M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
N-able (NYSE:<a href="https://investorplace.com/stock-quotes/nabl-stock-quote/">NABL</a>) just reported results for the second quarter of 2024.<ul><li>N-able reported earnings per share of 14 cents. This was above the analyst estimate for EPS of 10 cents.</li><li>The company reported revenue of $119.45 million.</li><li>This was 2.24% better than the analyst estimate for revenue of $116.83 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
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									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/nabl-stock-earnings-n-able-for-q2-of-2024/">NABL Stock Earnings: N-able Beats EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

NABL Stock Earnings: N-able Beats EPS, Beats Revenue for Q2 2024

Analyst Mike Cikos of Needham maintained a Buy rating on N-able (NABL – Research Report), retaining the price target of $16.50. Mike Cikos has give...

N-able's Strategic Shift to Annual Commitments Justifies Buy Rating Despite Short-Term Growth Suppression

N-able, Inc. (NABL) Q2 2024 Earnings Call Transcript

N-able: Waiting For Near-Term Headwinds To Be Over

As tech stocks continue to gain momentum, many investors are eyeing opportunities in the sector, especially after the Fed's recent rate cut. If you're looking to capitalize on this trend, budget-friendly stocks like Hewlett Packard Enterprise (HPE), UiPath (PATH), and N-able (NABL), all trading under $20, could offer significant upside potential. Learn more… Tech stocks have seen a surge in investor interest, especially following the Federal Reserve's recent decision to lower its benchmark interest rate for the first time since 2020. With the tech-heavy Nasdaq up 20% this year, the sector is clearly benefiting from this shift.
Thus, investors looking to tap into this momentum could consider scooping up shares of Hewlett Packard Enterprise Company (<a href="https://stocknews.com/stock/HPE/">HPE</a>), UiPath Inc. (<a href="https://stocknews.com/stock/PATH/">PATH</a>), and N-able, Inc. (<a href="https://stocknews.com/stock/NABL/">NABL</a>), which are trading under $20 with strong upside potential.
Historically, tech stocks have thrived in low-interest environment rates, and the Fed's recent <a href="https://www.cnbc.com/2024/09/18/fed-cuts-rates-september-2024-.html">50 basis-point cut</a> could further fuel a bullish trend. Lower rates enhance the value of future cash flows, leading to higher company valuations and increased investor confidence. As a result, tech companies may seize this moment to raise capital, pursue mergers and acquisitions, or even explore IPOs.
Moreover, the tech sector's growth shows no sign of slowing down, largely due to its ability to innovate and transform industries. From cloud computing to artificial intelligence, these companies are driving global technological advancements.
The global information technology market is projected to be $26.93 trillion by 2032, growing at a <a href="https://businessresearchinsights.com/market-reports/information-technology-it-market-108885">CAGR of 11%</a>. Meanwhile, Gartner Inc. (<a href="https://stocknews.com/stock/IT/">IT</a>) forecasts that worldwide IT spending will increase by 8% this year, <a href="https://www.gartner.com/en/newsroom/press-releases/2024-04-16-gartner-forecast-worldwide-it-spending-to-grow-8-percent-in-2024">hitting $5.06 trillion</a>. This steady stream of investment reflects the tech industry's vital role in the future of the global economy.
For investors, these under-$20 tech stocks represent an opportunity to tap into a sector that is poised for long-term growth. Let's look at the fundamental aspects of the featured stocks in detail:
Hewlett Packard Enterprise Company (<a href="https://stocknews.com/stock/HPE/">HPE</a>)
HPE is a global technology company that provides solutions that allow customers to capture, analyze, and act upon data seamlessly. It operates through six segments: Compute; HPC &amp; AI; Storage; Intelligent Edge; Financial Services; and Corporate Investments and Other.
On August 15, HPE announced its acquisition of Morpheus Data, a pioneer in software for hybrid cloud management and platform operations. This acquisition will enable HPE to unify complete hybrid capabilities on a single platform. It will also enhance it by providing multi-vendor, multicloud application provisioning, orchestration, automation, and FinOps capabilities for cloud cost optimization.
In terms of forward non-GAAP P/E, HPE is trading at 9.62x, 60.3% lower than the industry average of 24.23x. Likewise, the stock's forward EV/EBIT and Price/Cash flow multiples of 10.68 and 6.29 are 46.7% and 71.4% lower than their respective industry averages of 20.02 and 21.99.
In the fiscal 2024 third quarter that ended on July 31, HPE's net revenue increased 10.1% year-over-year to $7.71 billion. The company reported non-GAAP earnings from operations of $771 million, indicating a 7.4% growth from the prior year quarter with a margin of 10%.
HPE's non-GAAP net earnings came in at $661 million, up 3.4% year-over-year, while its non-GAAP net <a href="https://www.investopedia.com/terms/e/eps.asp">earnings per share</a> grew 2% from the year-ago value to $0.50.
According to the fiscal 2024 outlook, HPE anticipates revenue growth to range from 1% to 3%. The company forecasts GAAP operating profit to range between 2%-6% and its non-GAAP operating profit to be 2%. The non-GAAP EPS is projected to be between $1.92 to $1.97 per share.
Street expects HPE's revenue for the fiscal fourth quarter (ending October 2024) to increase 12.4% year-over-year to $8.26 billion. Its EPS for the same period is expected to register a 7.1% growth from the prior year, settling at $0.56. In addition, it surpassed the EPS estimates in each of the trailing four quarters, which is promising.
Over the past six months, the stock has surged 12.3%, closing the last trading session at $18.85.
Out of 10 analysts that rated HPE, three rated it Buy, while seven rated it Hold. The 12-month median price target of $20.78 indicates <a href="https://www.tipranks.com/stocks/hpe/forecast">a 10.2% upside potential</a> from the last closing price. The price targets range from a low of $18 to a high of $24.
HPE's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this robust outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
HPE has an A grade for Value and a B for Sentiment. It is ranked #8 out of 45 stocks in the <a href="https://stocknews.com/category/technology-communication-networking/">Technology - Communication/Networking</a> industry. <a href="https://stocknews.com/stock/HPE/">Click here</a> to see the additional ratings for HPE (Growth, Momentum, Stability, and Quality).
UiPath Inc. (<a href="https://stocknews.com/stock/PATH/">PATH</a>)
PATH is an enterprise automation and artificial intelligence (AI) software company that provides an end-to-end automation platform that offers a variety of international robotic process automation (RPA) solutions.
On July 2, PATH launched new features on its platform, which infuse GenAI deeply into the UiPath Business Automation Platform&#x2122; to help businesses achieve greater outcomes with AI and automation. These several new features facilitate developers and organizations to build better, faster, and more comprehensive automation.
In terms of forward non-GAAP PEG, PATH is trading at 0.95x, 50.2% lower than the industry average of 1.91x. Likewise, the stock's forward Price/Book and Price/Cash Flow multiples of 3.64 and 21.54 are 15.5% and 2.1% lower than the industry averages of 4.31x and 21.99x, respectively.
PATH's revenues for the second quarter (ended July 31, 2024) increased 10.1% year-over-year to $316.25 million. It reported a non-GAAP gross profit of $263.19 million, indicating a 6.6% growth from the prior-year quarter, while its non-GAAP net income for the quarter stood at $23.76 million or $0.04 per share. Also, the company's non-GAAP adjusted free cash flow increased 25.6% year-over-year, amounting to $149.78 million.
As per the financial outlook for the fiscal year 2025, PATH forecasts revenue to be between $1.42 billion and $1.43 billion. The company also expects a non-GAAP operating income of approximately $170 million.
Analysts expect PATH's revenue and EPS for the current year (ending January 2025) to be $1.42 billion and $0.40, respectively. For the fiscal year 2026, both its revenue and EPS are expected to grow by 11.5% and 10.5% from the prior year to $1.58 billion and $0.44, respectively.
The stock has gained 10.6% over the past three months to close the last trading session at $12.45. Its 12-month price target of $15.67 reflects a <a href="https://www.tipranks.com/stocks/path/forecast">25.9% potential upside</a>.
PATH's POWR Ratings reflect its promising outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system.
PATH has a B grade for Growth and Quality. It is ranked #8 out of 18 stocks in the A-rated <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry. <a href="https://stocknews.com/stock/PATH/">Click here</a> to access the other ratings of PATH for Value, Momentum, Stability and Sentiment.
N-able, Inc. (<a href="https://stocknews.com/stock/NABL/">NABL</a>)
NABL provides cloud-based software solutions for managed service providers (MSPs) worldwide, facilitating their support of digital transformation and growth for small and medium-sized enterprises (SMEs).
On September 11, NABL partnered with Infinigate Cloud to expand its cloud solutions marketplace in European countries. This collaboration aims to provide managed service providers (MSPs) with an easy-to-use, reliable self-service experience and helps NABL scale its solutions seamlessly.
In terms of trailing-12-month PEG, NABL is trading at 0.62x, which is 26.9% lower than the industry average of 0.85x. The stock's forward Price/Book ratio of 3.19x is 25.9% below the industry average of 4.31x. Also, its forward EV/EBIT multiple of 18.67 compares to the industry average of 20.02.
For the second quarter, which ended on June 30, NABL's revenues increased by 12.6% year-over-year to $119.45 million. Its non-GAAP operating income came in at $39.79 million, up 38.7% year-over-year, with a non-GAAP operating margin of 33.3% (up 620 bps year-over-year). The company's non-GAAP net income came in at $26.65 million and $0.14 per share, up 63.9% and 55.6% year-over-year, respectively.
In addition, the company's unlevered free cash flow increased by 50.2% year-over-year, amounting to $35.45 million. Its adjusted EBITDA grew 34.1% year-over-year, to $46.81 million,
For the full fiscal year 2024, the company expects its total revenue to range between $463 million and $465 million. It also anticipates adjusted EBITDA between $165.50 million and $167.50 million.
The consensus revenue estimate of $114.79 million for the fiscal third quarter (ending September 2024) represents a 6.7% increase year-over-year. The consensus EPS estimate of $0.10 for the same quarter indicates a 9.5% improvement year-over-year. The company has an impressive surprise history; it surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
NABL shares have surged 3.1% over the past nine months to close the last trading session at $13.01.
Based on 2 Wall Street analysts offering 12-month price targets for NABL in the last three months, the average target price is $16.75, indicating a <a href="https://www.tipranks.com/stocks/nabl/forecast">28.8% potential upside</a> from the last price, with a high forecast of $17 and a low forecast of $16.50.
It's no surprise that NABL has an overall rating of B, which equates to a Buy in our POWR Ratings system. It has an A grade for Sentiment and a B for Growth and Stability. Out of 75 stocks in the <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> industry, NABL is ranked #12.
Beyond what is stated above, we've also rated NABL for Value, Momentum, and Quality. Get all NABL ratings <a href="https://stocknews.com/stock/NABL/">here</a>.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
HPE shares were trading at $18.70 per share on Friday morning, down $0.15 (-0.80%). Year-to-date, HPE has gained 12.40%, versus a 20.29% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Shweta Kumari</h2> <img src='https:/wp-content/uploads/2022/03/Shweta-Kumari_Image-2.jpg' style="float:left; padding:5px;width:125px;">Shweta's profound interest in financial research and quantitative analysis led her to pursue a career as an investment analyst. She uses her knowledge to help retail investors make educated investment decisions.<a href="https://stocknews.com/authors/?author=shweta-kumari">More...</a>The post <a href=https://stocknews.com/news/hpe-path-nabl-it-3-tech-stocks-under-20-with-high-upside-potential/>3 Tech Stocks Under $20 With High Upside Potential</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Tech Stocks Under $20 With High Upside Potential

AVPT

DSGX

LDOS

PATH

PSTG

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N-able (NABL) Forecast

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