Vicat Stock (OTC:SDCVF), Trade Ideas

Vicat SA manufactures and sells cement, ready-mix concrete, and aggregates to the construction and building industries. The company also provides a range of services, including construction, chemistry, transportation, and concrete pumping and pre-casting. The firm organizes itself into three segments based on product: Cement, Concrete and Aggregates, and Other Products and Services. The Cement segment generates the majority of revenue. Vicat sells its products and services around the world, with a majority of its revenue being generated in France.

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JP Morgan analyst John Ivankoe maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Neutral and raises the price target from $2500 to $2750.

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JP Morgan Maintains Neutral on Chipotle Mexican Grill, Raises Price Target to $2750

Trane Technologies's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TT#NYSE">TT</a>) short percent of float has risen 4.76% since its last report. The company recently reported that it has 2.50 million shares sold short, which is 1.1% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.35 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Trane Technologies Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714061722_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Trane Technologies has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Trane Technologies's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Trane Technologies's peer group average for short interest as a percentage of float is 3.93%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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Peering Into Trane Technologies's Recent Short Interest

ZoomInfo Technologies's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZI#NYSE">ZI</a>) short percent of float has fallen 18.28% since its last report. The company recently reported that it has 13.16 million shares sold short, which is 3.8% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.34 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>ZoomInfo Technologies Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714061717_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for ZoomInfo Technologies has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing ZoomInfo Technologies's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, ZoomInfo Technologies's peer group average for short interest as a percentage of float is 6.78%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into ZoomInfo Technologies's Recent Short Interest

Lumen Technologies's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>) short percent of float has risen 16.76% since its last report. The company recently reported that it has 143.98 million shares sold short, which is 19.65% of all regular shares that are available for trading. Based on its trading volume, it would take traders 11.53 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Lumen Technologies Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714061712_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Lumen Technologies has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Lumen Technologies's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Lumen Technologies's peer group average for short interest as a percentage of float is 5.55%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

LUMN

(LUMN) - Analyzing Lumen Technologies's Short Interest

Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) shares were climbing in early trading on Thursday, after the company reported <a href="https://www.benzinga.com/news/earnings/24/04/38431576/why-chipotle-stock-is-cooking-thursday">higher-than-expected sales and earnings for its first quarter</a>.
The results came amid an <a href="https://www.benzinga.com/calendars/earnings">exciting earnings season</a>. Here are some key analyst takeaways from the release.
<h1 class="wp-block-heading">TD Cowen On Chipotle Mexican Grill</h1>
Analyst Andrew Charles reiterated a Buy rating while raising the price target from $3,400 to $3,500.
Chipotle Mexican Grill delivered a "standout" quarterly performance, with trend persisting in April, Charles said in a note.
Management raised the 2024 same-store sales guidance to MSD%-HSD%, despite the "challenging industry sales backdrop," the analyst stated. 
He added, "Our seasonality analysis suggests 2024 SSS guidance will ultimately be raised to HSD%."
<h1 class="wp-block-heading">Oppenheimer On Chipotle Mexican Grill</h1>
Analyst Brian Bittner maintained an Outperform rating while lifting the price target to $3,300.
Chipotle Mexican Grill reported a beat across same-store sales, margins and earnings, Bittner said. 
"Traffic trends into 2Q remain impressive at mid-single-digits despite a challenging industry environment," he added.
"Management indicated 2Q SSS should be highest of the year with traffic sustaining mid-single-digits, menu pricing of ~3.5% (from 2.7-2.8% in 1Q) and a ~100bps benefit from calendar shifts," the analyst wrote. The company is in league of their own, he further stated.
<h1 class="wp-block-heading">Wedbush On Chipotle Mexican Grill</h1>
Analyst Nick Setyan reaffirmed a Neutral rating while raising the price target from $2,850 to $3,200.
Chipotle Mexican Grill reported adjusted earnings of $13.37 per share, significantly higher than the consensus estimate of $11.67 per share, driven by same-store sales growth of 7.0% versus expectations of 5.0%, Setyan said. 
"UL margin of 27.5% was above consensus of 26.1%, driven by sales leverage," he added.
"We continue to believe CMG is poised to sustain accelerated market share gains in a post-COVID environment, resulting in sustained growth above pre-COVID levels," the analyst further wrote.
<h1 class="wp-block-heading">KeyBanc Capital Markets On Chipotle Mexican Grill</h1>
Analyst Eric Gonzalez reiterated an Overweight rating, while raising the price target from $3,250 to $3,400.
The company's earnings and same-store sales beats were driven by "industry-leading transaction growth," Gonzalez said. "Chipotle continues to expect 285-315 new stores this year and ~10% by 2025," he added.
"We reiterate our Overweight rating as we maintain that Chipotle's digital capabilities, brand positioning, and marketing/innovation expertise provide for best-in-class unit returns and a unique level of resilience that is worth a premium relative to its peers," the analyst further wrote.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
<h1 class="wp-block-heading">Piper Sandler On Chipotle Mexican Grill</h1>
Analyst Brian Mullan maintained a Neutral rating while lifting the price target from $2,442 to $3,070.
"We think the results were punctuated by transaction growth of +5.4%, which is just so far in excess of what the industry is doing, that we have to just pause and tip our caps to management," Mullan wrote in a note.
"On the call, management indicated that its throughput initiatives continue to bear fruit (no surprise); but building on that, commentary was very encouraging around the idea that there could be a multi-year tailwind to the benefits here," he added.
<h1 class="wp-block-heading">Stephens On Chipotle Mexican Grill</h1>
Analyst Jim Salera reaffirmed an Equal-Weight rating while raising the price target from $3,010 to $3,050.
While Chipotle Mexican Grill reported mostly stronger-than-expected results for the first quarter, one exception cane from "a unit miss vs. consensus, although it was in-line with our proprietary unit tracker," Salera said. "CMG communicated that 2Q24 comps will likely be the high-water mark for FY24 driven by a shift in the Easter holiday," he added.
The company appears to be well-positioned to "offset the longer-term impact from rising labor costs through a balance of menu price, technology/automation investments, and operational execution initiatives," the analyst wrote.
<h1 class="wp-block-heading">Raymond James On Chipotle Mexican Grill</h1>
Analyst Brian Vaccaro reiterated an Outperform rating while raising the price target from $3,300 to $3,340.
"The company is driving powerful traffic share gains (+5.4% y/y vs. industry down y/y), and we see tangible comp drivers supporting management's raised ‘24 comp guide (up mid-to-high SD%)," Vaccaro said.
While traffic was better in February and March than January, "mix was down 100 bp, but reflected an encouraging recent increase in add-ons (group size still down y/y)," he added.
CMG Price Action: Shares of Chipotle Mexican Grill had risen by 4.98% to $3,072.50 at the time of publication on Thursday.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38434513/us-growth-slows-in-q1-yet-inflation-acceleration-signals-stagflation-the-worst-poss">US Growth Slows In Q1, Yet Inflation Acceleration Signals Stagflation: &#8216;The Worst Possible Outcome For The Fed&#8217;</a>
Photo: Shutterstock

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Chipotle Mexican Grill Is In A 'League Of Their Own': 7 Analysts Revise Forecasts After Q1 Results

JP Morgan analyst Robbie Marcus maintains Boston Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSX#NYSE">BSX</a>) with a Overweight and raises the price target from $72 to $82.

JP Morgan Maintains Overweight on Boston Scientific, Raises Price Target to $82

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U.S. Judge Rejects Former President Donald Trump's Bid To Throw Out E. Jean Carroll's $83.3M Defamation Verdict

Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) takes a <a href="https://www.benzinga.com/money/shiba-inu-price-prediction">significant stride forward</a> as Robinhood allows trading of the meme coin for New York residents.
What Happened: Shibburn data indicates a 2,092.4% burn rate increase in the past 24 hours. Notable transactions include the burning of 16.9 million, 1 million, and 20 million SHIB.
Robinhood officially <a href="https://twitter.com/RobinhoodApp/status/1783111220704186561?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1783111220704186561%7Ctwgr%5E54497b4f9f24446d9de286120df015eb20f51ea2%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fnews.shib.io%2F2024%2F04%2F24%2Frobinhood-app-now-offers-shib-trading-for-new-york-residents%2F">announced</a> on its X profile that Shiba Inu, along with two other cryptocurrencies, will now be available for trading to New York state residents, facilitating buying, selling, and trading on the app.
This development opens new avenues for investors in New York, where access to cryptocurrencies has been restricted.
In another <a href="https://twitter.com/Shibtoken/status/1782850091704820070?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1782850091704820070%7Ctwgr%5E046a8c04ff726d4402b2d6fce60419a26a357a96%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fthecryptobasic.com%2F2024%2F04%2F24%2Fshiba-inu-identifies-key-to-boosting-shibarium-tvl-trading-volume%2F">development</a>, K9finance has been designated as the official Liquid Staking Derivative (LSD) for Shibarium, aimed at boosting the network&#8217;s Total Value Locked, BONE and trading volume. This move is expected to enhance Shibarium&#8217;s economic activities.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38428112/only-dogecoin-and-shiba-inu-have-crossed-the-10b-meme-coin-mark-who-will-be-the-third-muse">Only Dogecoin And Shiba Inu Have Crossed The $10B Meme Coin Mark: &#8216;Who Will Be The Third?,&#8217; Muses Crypto Whale</a>
Why It Matters: Shibariumscan data highlights an almost fourfold surge in new contracts to 31 as of April 21 from 8 as of April 23. 
IntoTheBlock data notes 61.4% growth in large transaction volume to $162.5 million, while transactions greater than 100,000 widened to 220 transactions as of April 24 from 195 transactions as of April 23. In the past seven days, the metric has increased more than threefold.
Price Action: At the time of writing, SHIB was trading at $0.00002597, up 0.5% over the past 24 hours.
What's Next: The influence of meme coins and&nbsp;<a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a>&nbsp;are topics expected to be thoroughly explored at Benzinga's upcoming&nbsp;<a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a>&nbsp;event on Nov. 19.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38386424/shiba-inu-whale-accumulates-237b-shib-in-one-transaction-much-in-store-for-the-shib-army-v">Shiba Inu Whale Accumulates 237B SHIB In One Transaction: &#8216;Much In Store For The SHIB Army,&#8217; Vows Lead Developer</a>
Image: Shutterstock

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'Dogecoin Killer' Shiba Inu Burn Rate Spikes 2,092%, Robinhood Adds SHIB Trading For New York Residents

On Thursday,&nbsp;Micron Technology, Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) announced signing a non-binding Preliminary Memorandum of Terms (PMT)&nbsp;<a target="_blank" href="https://www.benzinga.com/government/24/04/38311337/microns-us-expansion-plans-get-presidential-nod-with-6-1b-investment" rel="noreferrer noopener">for $6.1 billion in</a>&nbsp;funding under the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/g38423841/micron-biden-harris-administration-u-s-senate-majority-leader-schumer-announce-6-1b-in-chips-and-s" rel="noreferrer noopener">CHIPS and Science Act</a>.&nbsp;
This funding will support Micron&#8217;s planned leading-edge memory manufacturing in Idaho and New York.
The CHIPS and Science Act will allocate $6.1 billion in grants to aid Micron&#8217;s commitment to investing about $50 billion in gross capital expenditures for domestic leading-edge memory manufacturing through 2030.&nbsp;
These grants and additional state and local incentives will facilitate the construction of one leading-edge memory manufacturing facility next to Micron&#8217;s existing leading-edge R&amp;D facility in Boise, Idaho, and two leading-edge memory facilities in Clay, New York.
Today&#8217;s announcement marks the first phase of Micron&#8217;s strategy to establish a leading-edge R&amp;D and manufacturing center in Boise, Idaho, and a four-fab manufacturing complex in Clay, New York, over the next twenty-plus years.&nbsp;
This strategy involves a potential investment of up to $125 billion and aims to grow Micron&#8217;s memory bit supply to match long-term industry demand growth.&nbsp;
Micron&#8217;s planned advanced semiconductor manufacturing facilities will likely generate approximately 75,000 domestic jobs over the next 20-plus years.&nbsp;
Analysts have highlighted Micron&#8217;s leadership in the&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38254546/micron-dominates-high-bandwidth-memory-market-anticipates-significant-revenue-growt" rel="noreferrer noopener">high-bandwidth memory</a>&nbsp;(HBM) product sector, with HBM3E offering 30% greater power efficiency than competitors, translating into significant revenue visibility.&nbsp;
Micron projects that its market share in HBM will match its broader DRAM market share by 2025.&nbsp;Adopting&nbsp;HBM could significantly influence Micron&#8217;s gross margins, potentially restoring them to peak levels seen in memory cycles, as per analysts.
Micron Technology stock gained over 92% in the last 12 months.&nbsp;Investors can gain exposure to the stock via&nbsp;REX FANG&nbsp;&amp; Innovation Equity Premium Income ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FEPI#NASDAQ">FEPI</a>) and&nbsp;Invesco Semiconductors&nbsp;ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSI#NYSE">PSI</a>).
Price Action:&nbsp;MU shares traded lower by 0.05% at $111.72 on&nbsp;the last check Thursday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors
Photo via Shutterstock

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Micron's $6.1B CHIPS Act Funding Propels Major Expansion In US

RBC Capital analyst Frank Morgan maintains Humana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>) with a Outperform and lowers the price target from $415 to $353.

RBC Capital Maintains Outperform on Humana, Lowers Price Target to $353

WIIM

ACON

Aclarion shares are trading higher after the company announced that its Nociscan solution will be used in the upcoming LIFEHAB trial evaluating the diagnosis and treatment of chronic low back pain.

JP Morgan analyst Jeffrey Zekauskas maintains Avery Dennison (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVY#NYSE">AVY</a>) with a Overweight and raises the price target from $218 to $220.

JP Morgan Maintains Overweight on Avery Dennison, Raises Price Target to $220

Susquehanna analyst Christopher Rolland maintains Impinj (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PI#NASDAQ">PI</a>) with a Positive and raises the price target from $140 to $150.

Susquehanna Maintains Positive on Impinj, Raises Price Target to $150

SGBX

Safe & Green Holdings shares are trading higher after the company announced that it has entered into an agreement to manufacture four container based electrical distribution centers as part of a multi-unit order for a client serving the big box retailer market.

JP Morgan analyst Samik Chatterjee maintains Amphenol (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>) with a Overweight and raises the price target from $125 to $130.

JP Morgan Maintains Overweight on Amphenol, Raises Price Target to $130

IPOs

Marex Group Shares Open For Trade At $19.50/Share; IPO Priced At $19/Share On 15.385M Shares

NewMarket shares are trading lower after the company reported a year-over-year decrease in Q1 net sales results.

Helmerich & Payne shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results.

Argus Research analyst David Coleman maintains Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) with a Buy and raises the price target from $44 to $54.