Latest News for Times China Holdings Stock (OTC:TMPPF)

Times China Holdings Ltd is a real estate company. It is principal engaged in the development and management of residential, commercial properties, industrial parks and featured small towns. Geographically, the group expanded its business to Guangzhou, Foshan, Jiangmen, Dongguan, Huizhou, Zhuhai, Zhongshan, Qingyuan and Changsha, in which economies are well-developed, and holds around 79 projects in various stages. It operates in three segments: property development segment develops residential and commercial properties for sale, Urban redevelopment segment redevelops old towns, old factories, and old villages, and the Property leasing segment engages in the development, leasing, and subleasing of commercial properties owned by the company or third parties.

TIMES PROPERTY HLDGS ORD by Times Property Holdings Ltd.

Times China Holdings Ltd

5 analysts have expressed a variety of opinions on AutoNation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AN#NYSE">AN</a>) over the past quarter, offering a diverse set of opinions 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;">2</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>
<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;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<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;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $168.6, a high estimate of $215.00, and a low estimate of $140.00. This upward trend is evident, with the current average reflecting a 5.51% increase from the previous average price target of $159.80.
<img src="https://www.benzinga.com/files/images/story/2024/1714417285_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
A clear picture of AutoNation'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>Colin Langan</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$169.00</td>
<td>$153.00</td>
</tr>
<tr>
<td>Ronald Jewsikow</td>
<td>Guggenheim</td>
<td>Raises</td>
<td>Buy</td>
<td>$169.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>John Murphy</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$215.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Adam Jonas</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$140.00</td>
<td>$117.00</td>
</tr>
<tr>
<td>Colin Langan</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$150.00</td>
<td>$144.00</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 AutoNation. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of AutoNation compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of AutoNation's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Capture valuable insights into AutoNation'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/AN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on AutoNation analyst ratings.</a>
<h2>Delving into AutoNation's Background</h2>
AutoNation is the second largest automotive dealer in the United States, with 2023 revenue of about $27 billion and over 250 dealerships, plus 53 collision centers. The firm also has 19 AutoNation USA used-vehicle stores, a captive lender, four auction sites, and three parts distributors all across 21 states primarily in Sunbelt metropolitan areas. New-vehicle sales account for nearly half of revenue; the company also sells used vehicles, parts, and repair services as well as auto financing. The company (formerly Republic Industries) spun off its waste management unit (Republic Services) in 1999 and its car rental businesses (ANC Rental) in 2000. Wayne Huizenga founded the company in the 1990s to bring the rollup acquisition strategy to auto retailing, which has proved to be a smart move.
<h3>Unraveling the Financial Story of AutoNation</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: AutoNation's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 1.05%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: AutoNation's net margin is impressive, surpassing industry averages. With a net margin of 3.19%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): AutoNation's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 9.93% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): AutoNation's ROA stands out, surpassing industry averages. With an impressive ROA of 1.86%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: AutoNation's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 3.63.
<h2>The Basics of 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.
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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Evaluating AutoNation: Insights From 5 Financial Analysts

Over the past 24 hours, Polygon's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/matic/usd">MATIC</a>) price has fallen 5.76% to $0.70. This continues its negative trend over the past week where it has experienced a 5.0% loss, moving from $0.74 to its current price. 
The chart below compares the price movement and volatility for Polygon over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1714417276_0.png" alt="price_chart" />
The trading volume for the coin has risen 8.0% over the past week diverging from the circulating supply of the coin, which has decreased 0.04%. This brings the circulating supply to 9.28 billion, which makes up an estimated 92.83% of its max supply of 10.00 billion. According to our data, the current market cap ranking for MATIC is #20 at $6.46 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1714417276_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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$MATIC

Polygon Falls More Than 5% In 24 hours

Deep-pocketed investors have adopted a bearish approach towards Home Depot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</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 HD usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Home Depot. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 33% leaning bullish and 55% bearish. Among these notable options, 7 are puts, totaling $387,683, and 2 are calls, amounting to $155,205.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $332.5 to $410.0 for Home Depot over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for Home Depot options trades today is 402.83 with a total volume of 887.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Home Depot's big money trades within a strike price range of $332.5 to $410.0 over the last 30 days.
<h3>Home Depot Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714417263_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 style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>HD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$14.7</td>
<td>$14.65</td>
<td>$14.7</td>
<td>$380.00</td>
<td>$107.3K</td>
<td style="text-align: right;">20</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>HD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/03/24</td>
<td>$2.38</td>
<td>$2.37</td>
<td>$2.37</td>
<td>$332.50</td>
<td>$92.5K</td>
<td style="text-align: right;">273</td>
<td style="text-align: right;">450</td>
</tr>
<tr>
<td>HD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$8.0</td>
<td>$7.9</td>
<td>$8.0</td>
<td>$337.50</td>
<td>$80.0K</td>
<td style="text-align: right;">130</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>HD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$25.0</td>
<td>$24.8</td>
<td>$25.0</td>
<td>$340.00</td>
<td>$62.5K</td>
<td style="text-align: right;">894</td>
<td style="text-align: right;">132</td>
</tr>
<tr>
<td>HD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$25.5</td>
<td>$25.05</td>
<td>$25.05</td>
<td>$340.00</td>
<td>$55.1K</td>
<td style="text-align: right;">894</td>
<td style="text-align: right;">25</td>
</tr>
</tbody>
</table>

<h3>About Home Depot</h3>
Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations business, which has been expanded through the tie-up with HD Supply (2020). Moreover, the additions of the Company Store brought textile exposure to the lineup, while Redi Carpet added multifamily flooring.
<h3>Present Market Standing of Home Depot</h3>
<ul>
<li>Currently trading with a volume of 1,176,984, the HD's price is up by 0.25%, now at $335.92. </li>
<li>RSI readings suggest the stock is currently may be oversold.</li>
<li>Anticipated earnings release is in 15 days.</li>
</ul>
<h3>Expert Opinions on Home Depot</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $379.0.
<ul>
<li>An analyst from B of A Securities has decided to maintain their Buy rating on Home Depot, which currently sits at a price target of $425. </li>
<li>Consistent in their evaluation, an analyst from Truist Securities keeps a Buy rating on Home Depot with a target price of $417. </li>
<li>An analyst from DA Davidson persists with their Neutral rating on Home Depot, maintaining a target price of $370. </li>
<li>Consistent in their evaluation, an analyst from Telsey Advisory Group keeps a Market Perform rating on Home Depot with a target price of $360. </li>
<li>In a cautious move, an analyst from HSBC downgraded its rating to Reduce, setting a price target of $323. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Home Depot options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Check Out What Whales Are Doing With Home Depot

Deep-pocketed investors have adopted a bullish approach towards Novo Nordisk (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</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 NVO usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 21 extraordinary options activities for Novo Nordisk. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 71% leaning bullish and 19% bearish. Among these notable options, 4 are puts, totaling $206,445, and 17 are calls, amounting to $1,195,302.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $97.5 to $150.0 for Novo Nordisk over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for Novo Nordisk options trades today is 1993.72 with a total volume of 2,923.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Novo Nordisk's big money trades within a strike price range of $97.5 to $150.0 over the last 30 days.
<h3>Novo Nordisk Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714417257_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 style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$14.8</td>
<td>$14.35</td>
<td>$14.8</td>
<td>$130.00</td>
<td>$371.2K</td>
<td>2.3K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>NVO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$7.5</td>
<td>$7.35</td>
<td>$7.5</td>
<td>$150.00</td>
<td>$262.5K</td>
<td>2.0K</td>
<td style="text-align: right;">383</td>
</tr>
<tr>
<td>NVO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.51</td>
<td>$2.38</td>
<td>$2.38</td>
<td>$97.50</td>
<td>$107.1K</td>
<td>770</td>
<td style="text-align: right;">450</td>
</tr>
<tr>
<td>NVO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$5.85</td>
<td>$5.65</td>
<td>$5.85</td>
<td>$125.00</td>
<td>$58.5K</td>
<td>1.3K</td>
<td style="text-align: right;">101</td>
</tr>
<tr>
<td>NVO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$1.66</td>
<td>$1.58</td>
<td>$1.58</td>
<td>$150.00</td>
<td>$54.6K</td>
<td>1.4K</td>
<td style="text-align: right;">349</td>
</tr>
</tbody>
</table>

<h3>About Novo Nordisk</h3>
With roughly one third of the global branded diabetes treatment market, Novo Nordisk is the leading provider of diabetes-care products in the world. Based in Denmark, the company manufactures and markets a variety of human and modern insulins, injectable diabetes treatments such as GLP-1 therapy, oral antidiabetic agents, and obesity treatments. Novo also has a biopharmaceutical segment (constituting roughly 10% of revenue) that specializes in protein therapies for hemophilia and other disorders.
After a thorough review of the options trading surrounding Novo Nordisk, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Novo Nordisk</h3>
<ul>
<li>Currently trading with a volume of 1,266,034, the NVO's price is down by -0.01%, now at $126.84. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 3 days.</li>
</ul>
<h3>Professional Analyst Ratings for Novo Nordisk</h3>
A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $160.75.
<ul>
<li>An analyst from Cantor Fitzgerald downgraded its action to Overweight with a price target of $160. </li>
<li>An analyst from Cantor Fitzgerald downgraded its action to Overweight with a price target of $160. </li>
<li>In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Overweight, setting a price target of $160. </li>
<li>Reflecting concerns, an analyst from BMO Capital lowers its rating to Outperform with a new price target of $163.</li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Novo Nordisk options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Decoding Novo Nordisk's Options Activity: What's the Big Picture?

Financial giants have made a conspicuous bearish move on Inspire Medical Systems. Our analysis of options history for Inspire Medical Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INSP#NYSE">INSP</a>) revealed 8 unusual trades.
Delving into the details, we found 12% of traders were bullish, while 87% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $106,990, and 5 were calls, valued at $295,910.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $160.0 to $260.0 for Inspire Medical Systems over the recent three months. 
<h3>Volume &amp; Open Interest Trends</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 Inspire Medical Systems'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 Inspire Medical Systems's whale activity within a strike price range from $160.0 to $260.0 in the last 30 days. 
<h3>Inspire Medical Systems Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714417252_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 style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>INSP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$42.3</td>
<td>$40.5</td>
<td>$40.5</td>
<td>$210.00</td>
<td>$81.0K</td>
<td style="text-align: right;">220</td>
<td style="text-align: right;">71</td>
</tr>
<tr>
<td>INSP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$40.6</td>
<td>$40.5</td>
<td>$40.5</td>
<td>$210.00</td>
<td>$81.0K</td>
<td style="text-align: right;">220</td>
<td style="text-align: right;">46</td>
</tr>
<tr>
<td>INSP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$41.5</td>
<td>$40.3</td>
<td>$40.3</td>
<td>$210.00</td>
<td>$60.4K</td>
<td style="text-align: right;">220</td>
<td style="text-align: right;">76</td>
</tr>
<tr>
<td>INSP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$42.4</td>
<td>$40.5</td>
<td>$40.5</td>
<td>$210.00</td>
<td>$44.5K</td>
<td style="text-align: right;">220</td>
<td style="text-align: right;">15</td>
</tr>
<tr>
<td>INSP</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$7.2</td>
<td>$5.1</td>
<td>$6.9</td>
<td>$160.00</td>
<td>$41.4K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>

<h3>About Inspire Medical Systems</h3>
Inspire Medical Systems Inc operates as a medical technology company. It focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA). It offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe obstructive sleep apnea. The firm has operating footprints in the United States and Europe wherein, it generates a majority of its revenue from the United States.
<h3>Current Position of Inspire Medical Systems</h3>
<ul>
<li>With a trading volume of 288,415, the price of INSP is up by 1.71%, reaching $241.5.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 8 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Inspire Medical Systems</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $285.0.
<ul>
<li>In a cautious move, an analyst from RBC Capital downgraded its rating to Outperform, setting a price target of $285. </li>
</ul>
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 Inspire Medical Systems with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

INSP

What the Options Market Tells Us About Inspire Medical Systems

In the last three months, 12 analysts have published ratings on Array Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARRY#NASDAQ">ARRY</a>), offering a diverse range of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved 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;">4</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</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 $19.17, with a high estimate of $29.00 and a low estimate of $12.00. A 13.92% drop is evident in the current average compared to the previous average price target of $22.27. 
<img src="https://www.benzinga.com/files/images/story/2024/1714417241_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A clear picture of Array Technologies'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>Tristan Richardson</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Outperform</td>
<td>$18.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Maheep Mandloi</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$16.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Kashy Harrison</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$13.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>Joseph Osha</td>
<td>Guggenheim</td>
<td>Raises</td>
<td>Buy</td>
<td>$22.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Christine Cho</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$18.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Ameet Thakkar</td>
<td>BMO Capital</td>
<td>Announces</td>
<td>Market Perform</td>
<td>$16.00</td>
<td>-</td>
</tr>
<tr>
<td>Brian Lee</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$27.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Jordan Levy</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$23.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Derek Soderberg</td>
<td>Cantor Fitzgerald</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$18.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Kashy Harrison</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$12.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Mark Strouse</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$29.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Maheep Mandloi</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$18.00</td>
<td>$20.00</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 Array Technologies. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Array Technologies 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>
To gain a panoramic view of Array Technologies's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/ARRY/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Array Technologies analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Delving into Array Technologies's Background</h2>
Array Technologies Inc manufacturer of ground-mounting systems used in solar energy projects. The company's product is an integrated system of steel supports, electric motors, gearboxes and electronic controllers referred to as a single-axis tracker that move solar panels throughout the day to maintain an optimal orientation to the sun, which increases their energy production. Its operations are in the United States, Australia, Spain, Brazil and Rest of the World with the United States deriving the majority of the revenue.
<h3>Array Technologies's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Array Technologies's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -15.04% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: Array Technologies's net margin excels beyond industry benchmarks, reaching 2.86%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Array Technologies's ROE excels beyond industry benchmarks, reaching 3.63%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Array Technologies's ROA excels beyond industry benchmarks, reaching 0.56%. This signifies efficient management of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.82, caution is advised due to increased financial risk.
<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.
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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ARRY

Where Array Technologies Stands With Analysts

Scotiabank analyst Divya Goyal maintains Globant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLOB#NYSE">GLOB</a>) with a Sector Outperform and lowers the price target from $260 to $230.

News

Price Target

GLOB

Scotiabank Maintains Sector Outperform on Globant, Lowers Price Target to $230

Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) has outperformed the market over the past 10 years by 17.6% on an annualized basis producing an average annual return of 28.16%. Currently, Netflix has a market capitalization of $239.97 billion. 
Buying $100 In NFLX: If an investor had bought $100 of NFLX stock 10 years ago, it would be worth $1,132.10 today based on a price of $556.91 for NFLX at the time of writing.
<h3>Netflix's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714417221_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.

NFLX

Here's How Much $100 Invested In Netflix 10 Years Ago Would Be Worth Today

Moody's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCO#NYSE">MCO</a>) has outperformed the market over the past 20 years by 5.09% on an annualized basis producing an average annual return of 12.96%. Currently, Moody's has a market capitalization of $68.13 billion. 
Buying $100 In MCO: If an investor had bought $100 of MCO stock 20 years ago, it would be worth $1,145.52 today based on a price of $373.21 for MCO at the time of writing.
<h3>Moody's's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714417215_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 $100 Invested In Moody's 20 Years Ago Would Be Worth Today

Over the past 24 hours, Cardano's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>) price has fallen 3.88% to $0.45. This continues its negative trend over the past week where it has experienced a 12.0% loss, moving from $0.52 to its current price. 
The chart below compares the price movement and volatility for Cardano over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1714417205_0.png" alt="price_chart" />
The trading volume for the coin has tumbled 24.0% over the past week along with the circulating supply of the coin, which has fallen 0.06%. This brings the circulating supply to 35.32 billion, which makes up an estimated 78.49% of its max supply of 45.00 billion. According to our data, the current market cap ranking for ADA is #11 at $15.99 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1714417205_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$ADA

Cardano Falls More Than 3% In 24 hours

The Zacks Communication - Infrastructure industry appears mired in escalating capital expenditures for infrastructure upgrades, unpredictable raw material prices owing to Middle East geopolitical tensions, supply-chain disruptions amid the prolonged Russia-Ukraine war and high customer inventory levels. However, the industry is expected to benefit in the long run from an increasing user propensity to stay abreast of the latest digital innovations. 
In this backdrop, IHS Holding Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ihs#NYSE">IHS</a>) and DZS Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dzsi#NASDAQ">DZSI</a>) are likely to gain from rising demand for scalable infrastructure for seamless connectivity with the wide proliferation of IoT, transition to cloud and next-gen technologies, and 5G rollout.
Industry Description
The Zacks Communication - Infrastructure industry players provide various infrastructure solutions for the core, access and edge layers of communication networks. Leveraging proprietary modeling and simulation techniques to optimize networks, the firms offer high-speed network access solutions across Internet protocol, asynchronous transfer mode and time division multiplexed architecture in both wireline and wireless network applications. Their product portfolio encompasses optical fiber and twisted-pair structured cable solutions, infrastructure management hardware and software, network racks and cabinets, fiber-to-home equipment like hardened connector systems, wireless network backhaul planning and optimization products, couplers and splitters, indoor, small cell and distributed wireless antenna systems and hardened optical terminating enclosures.
What&#39;s Shaping the Future of the Communication - Infrastructure Industry?
Surging Raw Material Prices: High raw material prices due to inflation, economic sanctions against the Putin regime and intensifying war-mongering conditions in the Middle East have affected the operation schedules of various firms. Extended lead times for basic components are also likely to hurt the delivery schedule and escalate production costs. The demand-supply imbalance has crippled operations and largely affected profitability due to inflated equipment prices. 
Waning Demand: Efforts to offset substantial capital expenditure for upgrading network infrastructure by raising fees have reduced demand, as customers tend to switch to lower-priced alternatives. In addition, latent Sino-U.S. tensions relating to trade restrictions imposed on the sale of communication equipment to firms based in the communist country have dented the industry&#39;s credibility, leading to a loss of business. The industry is battling hard-to-mitigate operating risks stemming from volatility in demand, an unpredictable business environment and challenging geopolitical scenarios. 
Diminishing ROI: Video and other bandwidth-intensive applications have witnessed exponential growth owing to the wide proliferation of smartphones and increased deployment of the superfast 5G technology. This has forced the industry participants to invest considerably in LTE, broadband and fiber to provide additional capacity and ramp up the Internet and wireless networks. These companies are rapidly transforming themselves from legacy copper-based telecommunications firms to technology powerhouses with capabilities to meet the growing demand for flexible data, video, voice and IP solutions. Although these infrastructure investments are likely to be beneficial in the long run, short-term profitability has largely been compromised. 
Network Convergence: With operators moving toward converged or multi-use network structures, combining voice, video and data communications into a single network, the industry is increasingly developing solutions to support wireline and wireless network convergence. These investments are likely to help minimize service delivery costs to adequately support broadband competition and expand rural coverage and wireless densification in the long run. The industry players have enabled enterprises to rapidly scale communications functionalities to a vast range of applications and devices with easy-to-use software application programming interfaces. The firms support high user volumes without affecting deliverability and cost-effectively eliminate performance degradation.
Zacks Industry Rank Indicates Bearish Trends
The Zacks Communication - Infrastructure industry is housed within the broader Zacks Computer and Technology sector. It carries a Zacks Industry Rank #242, which places it in the bottom 4% of more than 250 Zacks industries. 
The group&#39;s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates bleak prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. 
Before we present a couple of communication infrastructure stocks that are well-positioned to outperform the market based on a strong earnings outlook, let&#39;s take a look at the industry&#39;s recent stock market performance and valuation picture.
Industry Lags S&amp;P 500 &amp; Sector
The Zacks Communication - Infrastructure industry has lagged the broader Zacks Computer and Technology sector and the S&amp;P 500 composite over the past year. 
The industry has declined 54% over this period against the S&amp;P 500 and the sector&#39;s growth of 23.5% and 40.3%, respectively. 
One Year Price Performance
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/chart 1_2024_04_29.jpg" style="height:432px; width:620px" />
Industry&#39;s Current Valuation
On the basis of the trailing 12-month enterprise value-to-EBITDA (EV/EBITDA), which is the most appropriate multiple for valuing telecom stocks, the industry is currently trading at 2.76X compared with the S&amp;P 500&#39;s tally of 14.80X. It is also trading below the sector&#39;s trailing 12-month EV/EBITDA of 14.25X. 
Over the past five years, the industry has traded as high as 11.99X, as low as 2.72X and at the median of 7.88X, as the chart below shows. 
Trailing 12-Month enterprise value-to-EBITDA (EV/EBITDA) Ratio
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/chart 2_2024_04_29.jpg" style="height:161px; width:620px" />
2 Communication - Infrastructure Stocks to Watch
IHS Holding: Based in London, the United Kingdom, IHS Holding is one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count. It has more than 40,000 towers across 11 markets &mdash; Brazil, Cameroon, Colombia, Egypt, Kuwait, Nigeria, Peru, Rwanda, South Africa and Zambia. The company&#39;s open-access, shared infrastructure approach ensures a robust and scalable fiber network that multiple operators can utilize. The connectivity of towers enables the extension of fiber infrastructure into key metropolitan areas, facilitating the delivery of digital services to residences, businesses and public entities in collaboration with its clients. It has a VGM Score of A. IHS Holding carries a Zacks Rank #3 (Hold). 
Price and Consensus: IHS
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/chart 3_2024_04_29.jpg" style="height:494px; width:620px" /> 
DZS Inc.: Founded in 1996 and based in Plano, TX, DZS offers network access solutions and communications platforms for service provider and enterprise networks in the United States, Canada, Latin America, Europe, the Middle East, Africa, Korea and other Asia Pacific countries. The company is likely to benefit from the secular trend of 5G deployment across the globe with healthy traction in the fiber LAN ecosystem. With better visibility and solid order trends, the company aims to gain cost efficiencies and introduce products to the market. The stock carries a Zacks Rank #3. 
Price and Consensus: DZSI
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/chart 4_2024_04_29.jpg" style="height:488px; width:620px" />
<a href="https://www.zacks.com/commentary/2264177/2-communication-stocks-likely-to-stand-firm-amid-industry-gloom?cid=CS-BENZ-FT-industry_outlook-2264177">To read this article on Zacks.com click here.</a>

Penny Stocks

Small Cap

Tech

DZSI

2 Communication Stocks Likely to Stand Firm Amid Industry Gloom

BofA&nbsp;analyst Justin Post reiterated a Buy rating on&nbsp;Uber Technologies, Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) with a&nbsp;<a target="_blank" href="https://www.benzinga.com/quote/UBER/analyst-ratings" rel="noreferrer noopener">price target of $91.</a>
Post&nbsp;remained constructive on Uber as his top travel and transportation stock, given bookings and&nbsp;EBTIDA&nbsp;growth well above peers.&nbsp;Data points for first-quarter&nbsp;Mobility&nbsp;spending suggest accelerating trends, while&nbsp;Restaurant&nbsp;spending may have decelerated,&nbsp;though&nbsp;Uber&#8217;s other verticals should drive above-industry trends.&nbsp;
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/04/38163482/uber-eats-embraces-tiktok-wave-with-new-short-form-video-discovery-tool" rel="noreferrer noopener">Uber Eats Embraces TikTok Wave with New Short-Form Video Discovery Tool</a>
Overall, with Leap Year and Easter benefits, Post expects results in line with his estimates for core bookings to accelerate 1pt to 24%&nbsp;year-on year&nbsp;CC (23% Y/Y including FX and above Street at 22%). Scaling New Vertical products like Hailables, Shared Rides (now a $1 billion+ run rate product), and Grocery should continue to fuel overall new vertical growth, which he estimates to reach $4.4 billion in
first quarter (58% Y/Y)&nbsp;and&nbsp;contributed 3.4pts to core bookings growth.
Post noted Uber&nbsp;can&nbsp;continue delivering&nbsp;strong incremental&nbsp;EBITDA margins through advertising growth.
He projected first-quarter bookings, revenue&nbsp;and&nbsp;EBITDA of $38.3 billion, $10.09 billion&nbsp;and&nbsp;$1.33 billion, above Street at $38.0 billion, $10.09 billion&nbsp;and&nbsp;$1.32 billion.&nbsp;
Given&nbsp;a&nbsp;relatively&nbsp;constructive mobility data, mixed delivery data&nbsp;and&nbsp;sequential&nbsp;calendar related&nbsp;headwinds for&nbsp;Internet&nbsp;sector, Post&nbsp;expects&nbsp;second-quarter bookings guidance of $39.5 billion&nbsp;&#8211; $40.5 billion (midpoint in line with Street at $40.0 billion).&nbsp;For EBITDA, he expects a guidance range of $1.42&nbsp;billon&nbsp;&#8211;&nbsp;$1.50&nbsp;billion (with the midpoint slightly below Street at $1.47 billion).&nbsp;
Tesla Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk recently reiterated that the company&nbsp;is focused&nbsp;on building a&nbsp;robotaxi&nbsp;capability for existing FSD vehicles, which could&nbsp;be&nbsp;viewed&nbsp;as&nbsp;a competitive threat to Uber.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/29115922/newplot-30.png" alt="" class="wp-image-313650" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/29115922/newplot-30.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/29115922/newplot-30-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
However, Post noted Tesla&#8217;s focus is not so much on competing with Uber&nbsp;as&nbsp;it&nbsp;is unlocking&nbsp;use cases (and economics) for Tesla customers who want better asset utilization from their vehicles.
This&nbsp;would also make Tesla vehicles more affordable&nbsp;compared to&nbsp;other brands that don&#8217;t have this option to increase utilization. To that end, Post noted that (in the long term) Uber and Tesla could partner.
However, additional announcements&nbsp;around&nbsp;Tesla&#8217;s robotaxis will likely continue to&nbsp;act as&nbsp;an adverse headline risk for Uber stock.&nbsp;
Overall, Post noted that the industry is years away from total autonomous vehicles being a viable and reliable nationwide ride-sharing solution. According to the analyst, increasing competition in the AV industry could be a long-term positive for Uber.
Uber remains one of the best&nbsp;large&nbsp;cap&nbsp;growth stories&nbsp;in the sector&nbsp;and is attractively valued,&nbsp;as per&nbsp;the analyst.
Price Action: UBER shares traded lower by 2% at $67.67 at the last check Monday.
Photo via Shutterstock

Analyst Color

Equities

Reiteration

TSLA

UBER

Tesla's Robotaxi Plans: Potential Threat Or Future Partner For Uber?

Scotiabank analyst Divya Goyal maintains EPAM Sys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPAM#NYSE">EPAM</a>) with a Sector Outperform and lowers the price target from $350 to $300.

EPAM

Scotiabank Maintains Sector Outperform on EPAM Sys, Lowers Price Target to $300

From a technical perspective, YPF Sociedad Anonima (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ypf#NYSE">YPF</a>) is looking like an interesting pick, as it just reached a key level of support. YPF recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
The 20-day simple moving average is a popular trading tool. It provides a look back at a stock&#39;s price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.
Similar to other SMAs, if a stock&#39;s price moves above the 20-day, the trend is considered positive, while price falling below the moving average can signal a downward trend.
Shares of YPF have been moving higher over the past four weeks, up 6.9%. Plus, the company is currently a Zacks Rank #1 (Strong Buy) stock, suggesting that YPF could be poised for a continued surge.
Looking at YPF&#39;s earnings estimate revisions, investors will be even more convinced of the bullish uptrend. There have been 2 revisions higher for the current fiscal year compared to none lower, and the consensus estimate has moved up as well.
With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep their eye on YPF for more gains in the near future.
<a href="https://www.zacks.com/stock/news/2264031/ypf-sociedad-anonima-ypf-recently-broke-out-above-the-20-day-moving-average?cid=CS-BENZ-FT-tale_of_the_tape|20_day_moving_average_(yseop)-2264031">To read this article on Zacks.com click here.</a>

YPF Sociedad Anonima Recently Broke Out Above the 20-Day Moving Average

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock&#39;s price, but are they really important?
Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let&#39;s see what these Wall Street heavyweights think about Grab Holdings Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/grab#NASDAQ">GRAB</a>).
Grab currently has an average brokerage recommendation&nbsp;of 1.04, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 13 brokerage firms. An ABR of 1.04 approximates between Strong Buy and Buy.
Of the 13 recommendations that derive the current ABR, 12 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 92.3% and 7.7% of all recommendations.
The ABR suggests buying Grab, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.
Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five &quot;Strong Buy&quot; recommendations for every &quot;Strong Sell&quot; recommendation.
This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock&#39;s future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.
Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock&#39;s price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.
ABR Should Not Be Confused With Zacks Rank
In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.
Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.
There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.
Is GRAB Worth Investing In?
Looking at the earnings estimate revisions for Grab, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $0.01.
Analysts&#39; steady views regarding the company&#39;s earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Grab.
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Grab .
<a href="https://www.zacks.com/stock/news/2264038/wall-street-analysts-think-grab-grab-is-a-good-investment-is-it?cid=CS-BENZ-FT-fundamental_analysis|average_broker_rating-2264038">To read this article on Zacks.com click here.</a>

GRAB

Wall Street Analysts Think Grab Is a Good Investment: Is It?

<div>Global Crossing Airlines (OTC: <a class="ticker" href="https://www.benzinga.com/stock/jetbf#OTC">JETBF</a>), a hybrid passenger-cargo charter airline based in Miami, on Thursday was the first commercial airline to fly into Haiti since warring gangs closed the main airport in Port-au-Prince in early March. The Airbus A321 converted cargo jet carried U.S. State Department humanitarian aid for the ravaged country. </div>

Coordinated gang attacks on institutions and residents have paralyzed the Caribbean nation since late February, worsening difficult living conditions and creating tens of thousands of refugees from the capital. Aid agencies are warning of potential famine. A new transitional governing council took office Thursday after Prime Minister Ariel Henry, who was out of the country when the attacks started, resigned. 

The Global Crossing (GlobalX) flight, which carried material and equipment for the local police force, was operated on behalf of the State Department and coordinated by U.S. Southern Command, which also brought in a C-130 Air Force plane with 20 pallets of oral rehydration fluid, the Miami Herald reported.

The startup airline also completed more than 50 passenger evacuation flights out of Cape Haitian earlier in the crisis. It was one of the first carriers to deliver relief supplies to Israel last October in the wake of the Hamas terrorist attack.  <script type="text/javascript">
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The charter operator launched commercial service in August 2021 and now has 11 A320-family narrowbody passenger jets and four A321 converted freighters in its fleet. Freighter operations began in early summer 2023. 

Two of the cargo jets are temporarily inactive but should resume commercial service this week, President and CFO Ryan Goepel said via email. 

In February, the company said it would focus investments on growing the passenger fleet because hot demand from sports teams, government agencies, tour operators and other groups offered a quicker path to profitability while cargo demand remained lukewarm following a lengthy market downturn.

Revenue last year increased by two-thirds from 2022 as GlobalX added more aircraft. The company lost $21 million, but earnings before interest, taxes, depreciation, amortization and rent increased fourfold to $20 million, a way to measure operational performance by removing variable lease costs for aircraft. <script type="text/javascript">
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Management indicated during a March 6 earnings briefing that one of its freighters was parked for two months to have a door repaired. 

Goepel told FreightWaves the cargo door was not sealing properly to allow it to stay pressurized. The used passenger jet was reconfigured for cargo service by 321 Precision Conversions, a Florida-based joint venture between engineering firm Precision Aircraft Solutions and vertically integrated Air Transport Services Group (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/atsg#NASDAQ">ATSG</a>).

The aircraft was fixed in March, but GlobalX took advantage of having the plane at a repair facility to also conduct a routine major aircraft maintenance inspection that typically takes several weeks to complete, he said. An agreement was negotiated with the lessor to compensate GlobalX for lost revenue while the aircraft was out of service. 

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The post <a href="https://www.freightwaves.com/news/globalx-airlines-delivers-haiti-relief-supplies-after-airport-reopens">GlobalX Airlines delivers Haiti relief supplies after airport reopens</a> appeared first on <a href="https://www.freightwaves.com">FreightWaves</a>.

ATSG

JETBF

GlobalX Airlines Delivers Haiti Relief Supplies After Airport Reopens

The price of dogwifhat&nbsp;spiked very briefly by 1,450% on Bybit, shortly after the memecoin was listed on the exchange. Trading of the token kicked off at 8:50 a.m. ET. Just over 10 minutes later, the price of the token rose from $2.70 to as high as $41.85. The exceptionally high price lasted only for a few minutes before reverting back toward the wider market price.
Read the <a href="https://www.theblock.co/post/291413/dogwifhat-price-briefly-spikes-1450-on-bybit-shortly-after-listing?utm_source=benzinga&amp;utm_medium=rss&amp;utm_campaign=Dogwifhat+price+briefly+spikes+1%2C450%25+on+Bybit+shortly+after+listing">full story</a> at The Block.

Dogwifhat Price Briefly Spikes 1,450% on Bybit Shortly After Listing

Ether&#39;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) recent performance has seen the cryptocurrency outstrip bitcoin in terms of gains for two consecutive weeks &mdash; despite the latter&#39;s halving event. There was a 7.5% increase in the ETH/BTC trading pair during that timeframe, as noted by Monday&#39;s Bitfinex Alpha report. &quot;This not only marks ether&#39;s strongest weekly gain against Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)&nbsp;since early January but also comes at a pivotal time amid swirling negative speculation around Ethereum&quot; the Bitfinex report said.
Read the <a href="https://www.theblock.co/post/291397/ether-posts-weekly-gain-against-bitcoin-amid-drop-in-btc-market-dominance?utm_source=benzinga&amp;utm_medium=rss&amp;utm_campaign=Ether+posts+weekly+gain+against+bitcoin+amid+drop+in+BTC+market+dominance">full story</a> at The Block.

$BTC

$ETH

Ether Posts Weekly Gain Against Bitcoin Amid Drop in BTC Market Dominance

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock&#39;s price. Do they really matter, though?
Let&#39;s take a look at what these Wall Street heavyweights have to say about Micron (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mu#NASDAQ">MU</a>) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
Micron currently has an average brokerage recommendation of 1.24, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 28 brokerage firms. An ABR of 1.24 approximates between Strong Buy and Buy.
Of the 28 recommendations that derive the current ABR, 24 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 85.7% and 7.1% of all recommendations.
While the ABR calls for buying Micron, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.
Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five &quot;Strong Buy&quot; recommendations for every &quot;Strong Sell&quot; recommendation.
In other words, their interests aren&#39;t always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock&#39;s price movement.
Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock&#39;s price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.
Zacks Rank Should Not Be Confused With ABR
Although both Zacks Rank and ABR are displayed in a range of 1-5, they are different measures altogether.
Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.
In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.
There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.
Is MU a Good Investment?
Looking at the earnings estimate revisions for Micron, the Zacks Consensus Estimate for the current year has increased 0.8% over the past month to $0.80.
Analysts&#39; growing optimism over the company&#39;s earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for Micron.
Therefore, the Buy-equivalent ABR for Micron may serve as a useful guide for investors.
<a href="https://www.zacks.com/stock/news/2264037/is-it-worth-investing-in-micron-mu-based-on-wall-street-s-bullish-views?cid=CS-BENZ-FT-fundamental_analysis|average_broker_rating-2264037">To read this article on Zacks.com click here.</a>

Is It Worth Investing in Micron Based on Wall Street's Bullish Views?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock&#39;s price, do they really matter?
Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let&#39;s see what these Wall Street heavyweights think about PepsiCo (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pep#NASDAQ">PEP</a>).
PepsiCo currently has an average brokerage recommendation&nbsp;of 1.89, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 18 brokerage firms. An ABR of 1.89 approximates between Strong Buy and Buy.
Of the 18 recommendations that derive the current ABR, 10 are Strong Buy, representing 55.6% of all recommendations. 
While the ABR calls for buying PepsiCo, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.
Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five &quot;Strong Buy&quot; recommendations for every &quot;Strong Sell&quot; recommendation.
In other words, their interests aren&#39;t always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock&#39;s price movement.
Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock&#39;s price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.
ABR Should Not Be Confused With Zacks Rank
In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.
The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.
There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.
Should You Invest in PEP?
In terms of earnings estimate revisions for PepsiCo, the Zacks Consensus Estimate for the current year has increased 0.1% over the past month to $8.16.
Analysts&#39; growing optimism over the company&#39;s earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for PepsiCo.
Therefore, the Buy-equivalent ABR for PepsiCo may serve as a useful guide for investors.
<a href="https://www.zacks.com/stock/news/2264042/wall-street-bulls-look-optimistic-about-pepsico-pep-should-you-buy?cid=CS-BENZ-FT-fundamental_analysis|average_broker_rating-2264042">To read this article on Zacks.com click here.</a>

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Latest News for Times China Holdings Stock (OTC:TMPPF)

Tuesday, March 24, 2020