Urban-gro (NASDAQ:UGRO) Stock, Quote.Headers.trade-ideas

Urban-gro

Urban-gro Inc is an integrated professional services and construction design-build firm. Its business focuses predominantly on providing fee-based knowledge-based services as well as the value-added reselling of equipment. The company offers value-added architectural, engineering, systems procurement and integration, and construction design-build solutions to customers operating in the controlled environment agriculture (CEA) and industrial and other commercial (Commercial) sectors. It derives revenue predominately from the sale of equipment systems, services, construction design-build, and other various immaterial contracts with customers.

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QUIZAM MEDIA CORP ORD by Quizam Media Corporation

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UGRO

The graph depicts the stock price performance of baskets of stocks in six different cannabis industry subsectors. Each basket consists of the top four or five U.S. companies in each group. The stocks in each basket are equally weighted, and the basket prices are indexed so that August 25, 2023 (the Friday before the HHS announcement) equals 100.

Cannabis Chart Of The Week: Are Ancillary Sectors Participating In The Rescheduling Price Upswing?

cannabis SNDL CGC TLRY ACB

Earnings

News

Marijuana Ancillary Company Urban-Gro Quarterly Revenue Drops YoY, Improves Net Loss

Benzinga Cannabis Capital Conference in Florida on April 16 and 17, 2024

Mid Cap

When design-build provider to the cannabis industry Urban-Gro (NASDAQ: UGRO) announced its financial results Wednesday for the full year and 4Q 2024, the company&#39;s stock price plunged to $1.4 - a 23.42% decrease in just 24 hours

Cannabis Ancillary Company Urban-Gro&#39;s Stock Plunges On Reporting Q4 &amp; 2023 Results, Here&#39;s Why

Urban-gro Inc

<p>Citigroup  analyst Daniel Grosslight   maintains MultiPlan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPLN#NYSE">MPLN</a>) with a Neutral and lowers the price target from $17.2 to $10.</p>


Price Target

Analyst Ratings

MPLN

Citigroup Maintains Neutral on MultiPlan, Lowers Price Target to $10

<p>Citigroup  analyst Asiya Merchant   reinstates Hewlett Packard (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) with a Neutral and announces $20 price target.</p>


Initiation

Citigroup Reinstates Neutral on Hewlett Packard, Announces $20 Price Target

<p>Citigroup  analyst Atif Malik   reinstates Juniper Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNPR#NYSE">JNPR</a>) with a Neutral and announces $40 price target.</p>


JNPR

Citigroup Reinstates Neutral on Juniper Networks, Announces $40 Price Target

<p>Automotive parts retailer <strong>AutoZone Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) looks to keep its streak of earnings beats alive when the company reports fourth-quarter financial results before the market opens <a href="https://www.benzinga.com/earnings">Tuesday, Sept. 24.</a></p>
<p><strong>Earnings Estimates: </strong>Analysts expect AutoZone will report fourth-quarter earnings per share of $53.53, up from $46.46 in last year's fourth quarter, according to data<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092324&amp;t=be2bearmibe3na1"> from Benzinga Pro</a>.</p>
<p>The company has beaten earnings estimates from analysts in 19 straight quarters according to Benzinga Pro data.</p>
<p>Analysts expect the company to report fourth-quarter revenue of $6.22 billion, up from $5.69 billion in last year's fourth quarter.</p>
<p>The company has beaten revenue estimates from analysts in eight of the past 10 quarters, but missed estimates in two of the last three quarters.</p>
<p><strong>What Analysts Are Saying:</strong> Fourth-quarter sales are likely to be in-line with analyst estimates for AutoZone, <strong>Truist</strong> analyst <strong>Scot Ciccarelli </strong>said in a recent investor note.</p>
<p>The analyst said concerns over currency exchange rates could limit the international comparable sales. The auto parts sector also remains "challenging," Ciccarelli added.</p>
<p>"Our data suggests that the beginning and end of the quarter were a bit softer, with relative strength in late June and July, but a reasonably steady cadence throughout," Ciccarelli said.</p>
<p>Ciccarelli also expects gross margins to improve 60 basis points year-over-year in the fourth quarter thanks to holding retail prices steady and being able to lower procurement costs.</p>
<p>"We remain aggressive buyers of AZO, think fundamentals are poised to reaccelerate and believe they will continue to take share over time in a highly favorable vertical.</p>
<p><strong>Here are other recent analyst ratings on AutoZone and their price targets:</strong></p>
<p><strong>Evercore ISI:</strong> Maintained Outperform rating, lowered price target from $3,900 to $3,350</p>
<p><strong>Wedbush:</strong> Reiterated Outperform rating with $3,200 price target</p>
<p><strong>Read Also: <a href="https://www.benzinga.com/insights/options/24/09/40839962/spotlight-on-autozone-analyzing-the-surge-in-options-activity">Spotlight on AutoZone: Analyzing the Surge in Options Activity</a></strong></p>
<p><strong>Key Items to Watch: </strong>Data from Placer.ai <a href="https://www.placer.ai/blog/auto-parts-retailers-the-traffic-continues">showed</a> AutoZone had visits increase 4.4% year-over-year during the second quarter of the calendar year. Visits were up 7.3%, 2.7% and 5.5% year-over-year for June, July and August, respectively.</p>
<p>The report said auto parts retailers such as AutoZone are "sustaining their pandemic-era success and benefitting from the increase in older cars on the road."</p>
<p>For AutoZone, the trend of repairing vehicles versus replacing them with new ones could continue to benefit the company, according to the report.</p>
<p>The company placed partial blame on the timing of tax refunds and the weather in the third quarter. While tax refunds won't be an item to watch in the fourth-quarter results, the weather could be.</p>
<p>"As we begin our all-important summer selling season, we are very excited about the initiatives we have in place to enhance our inventory availability, continue to accelerate our domestic commercial business and provide great customer service," CEO <strong>Phil Daniele</strong> said in the third-quarter results.</p>
<p><strong>AZO Price Action: </strong>AutoZone stock closed Monday up 0.93%% to $3,048.82 on Monday versus a 52-week trading range of $2,375.35 to $3,256.37.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/exclusives/24/09/40962321/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">Benzinga&#8217;s &#8216;Stock Whisper&#8217; Index: 5 Stocks Investors Secretly Monitor But Don&#8217;t Talk About Ye</a></strong>t</li>
</ul>
<p><em>Photo: Ken Wolter via Shutterstock</em></p>


Previews

Reiteration

Trading Ideas

AutoZone Q4 Earnings Preview: Data Shows Strong Visit Growth, Analyst Says Company To 'Continue To Take Share Over Time'

<p>Jefferies  analyst Anne Ling   downgrades MINISO Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MNSO#NYSE">MNSO</a>) from Buy to Hold.</p>


Downgrades

MNSO

Jefferies Downgrades MINISO Group Holding to Hold

<p>Sunrun and Toll Brothers have an exclusive agreement for Sunrun to provide solar power as an included feature in all Toll Brothers homes in California, as well as a preferred agreement to provide solar for additional Toll Brothers divisions nationwide.</p>
<p>As part of the agreement, Sunrun will serve as a &quot;one-stop shop&quot; to provide solar as a standard feature in all Toll Brothers communities in California, including sales, design, permitting, installation, customer care, and warranty. Sunrun also provides home buyers with the choice of a third-party battery storage system, including EnPhase or the Tesla Powerwall 3, to integrate with their provided residential solar system.</p>


Contracts

Toll Brothers Enters New National Partnership For Sunrun To Provide Solar Power And Storage To Homes

<p>Jefferies  analyst Keith Devas   downgrades Perrigo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRGO#NYSE">PRGO</a>) from Buy to Hold and lowers the price target from $50 to $30.</p>


PRGO

Jefferies Downgrades Perrigo to Hold, Lowers Price Target to $30

<p><strong>RAIR Technologies</strong>, an open-source platform for building decentralized Web3 applications, has been accepted into the <strong>Denarii Labs</strong> Accelerator, a competitive program aimed at helping early-stage Web3 companies develop and fine-tune their tokenomics. </p>
<p>The 12-week accelerator program, led by <strong>RedBeard Ventures</strong> and supported by advisory firms such as <strong>Futureverse</strong>, will provide RAIR Technologies with strategic mentorship and guidance as it strengthens its core technology and token models, RAIR Technologies said in a statement to Benzinga.</p>
<p>Denarii Labs is known for offering support in tokenomics and launch strategies for Web3 startups, focusing on aligning business models with token structures that can drive sustainable growth. </p>
<p>The accelerator's selection process is highly competitive, ensuring that only the most promising companies in the Web3 space are chosen. </p>
<p>RAIR Technologies will use this opportunity to refine the tokenomics of it<strong>s RAIRprotocol</strong>, a tool designed to enable decentralized application development, asset creation, and royalty tracking.</p>
<p><strong>Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40989296/ethereum-outshines-bitcoin-after-u-s-federal-reserve-rate-cut-but-heres-how-volatility-cou">Ethereum Outshines Bitcoin After U.S. Federal Reserve Rate Cut, But Here&#8217;s How Volatility Could Crash The Party</a></strong></p>
<p>"We couldn't be more proud to be accepted into this unique and elite program for the Web3 industry," said<strong> Ed Prado, </strong>CEO of RAIR Technologies. "Denarii Labs will allow us to drill down on our tokenomics before we significantly expand both the technology and our partner base."</p>
<p>RAIR's acceptance into the program comes at a crucial time, as the company prepares to raise additional funding and explore new partnerships. </p>
<p>With mentorship from industry leaders such as <strong>Coinbase Global Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), <strong>GSR</strong> and <strong>Omniscia</strong>, along with legal guidance from Fenwick &amp; West, RAIR Technologies will focus on refining its business model and investor readiness.</p>
<p>The company previously participated in Sony's accelerator program, which resulted in a partnership with Soneium, Sony's blockchain initiative.</p>
<p><strong><em>These topics will be explored in depth at Benzinga's <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19, where industry experts will discuss the future of Web3, blockchain innovation and tokenomics in the decentralized economy.</em></strong></p>
<p><strong>Read Next: <br />     • <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40985125/bitcoins-on-chain-metrics-are-turning-bullish-what-is-going-on">Bitcoin&#8217;s On-Chain Metrics Are Turning Bullish: What Is Going On?</a></strong></p>


Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

COIN

RAIR Technologies Joins Denarii Labs Accelerator To Refine Web3 Tokenomics

<p>Telegram's CEO <strong>Pavel Durov</strong> agreed to provide user IP addresses and phone numbers to authorities in response to valid <a href="https://www.benzinga.com/topic/law">legal requests</a>.</p>
<p>Following his arrest in France last month, Durov, who previously resisted government demands for user data, changed Telegram's terms of service to prevent criminals from exploiting the app, <a href="https://www.bloomberg.com/news/articles/2024-09-23/telegram-ceo-durov-says-app-to-provide-more-data-to-governments">per</a> Bloomberg's report.</p>
<p>French authorities allege Telegram, with its reputation for protecting privacy and using encryption, has become a hub for criminal activities. </p>
<p>Durov, a dual French-Russian national, denied these charges, stating the misuse of technology should not be blamed on its creators. He remains prohibited from leaving the country after being released on a $5.5 million bail.</p>
<p>Amid legal troubles, Telegram has announced new measures to combat misuse of the platform. Durov revealed the company began using artificial intelligence and human moderation to filter problematic content from search results.</p>
<p>&#8220;We've already started this process internally,&#8221; he stated, adding that more details will be shared soon.</p>
<p>The European Union has been tightening regulations on encrypted communication, even debating proposals such as client-side or on-device scanning of private messages and photos — measures that Al Jazeera <a href="https://www.aljazeera.com/economy/2024/6/20/orwellian-eus-push-to-mass-scan-private-messages-on-whatsapp-signal">characterized</a> as "Orwelian."</p>
<p><strong>Meredith Whittaker</strong>, president of Signal, reflected on such measures earlier this year, <a href="https://signal.org/blog/pdfs/upload-moderation.pdf">stating</a> &#8220;There is no way to implement such proposals without undermining encryption and creating vulnerabilities.&#8221;</p>
<p><strong>Preston Bryne</strong>, a senior fellow at the Adam Smith Institute, raised concerns about the broader implications of Durov's case for online censorship.</p>
<p>&#8220;European states are trying to dictate to foreign companies what content they can and cannot host,&#8221; he <a href="https://prestonbyrne.com/2024/08/24/thoughts-on-the-durov-arrest/">noted</a>, likening the situation to selective enforcement targeting political adversaries.</p>
<p>French President <strong>Emmanuel Macron</strong> dismissed those allegations calling them "a part of an independent investigation," <a href="https://www.lemonde.fr/en/pixels/article/2024/08/28/telegram-ceo-pavel-durov-formally-indicted-prohibited-from-leaving-france_6722943_13.html">per</a> Le Monde.</p>
<p>This decision is certain to impact Telegram's business model, which was rooted in the platform's commitment to protecting users&#8217; privacy. Even before this turnaround, the company's financials were not stellar, as, according to documents obtained <a href="https://www.ft.com/content/242552a9-4280-46c0-9d61-bcf6ccd14400">by</a> the Financial Times, as it lost $259 million in 2023.</p>
<p>It is unclear whether the possible user exodus might benefit competitors like Signal or WhatsApp. Following the news, <strong>Meta</strong> <strong>Platform Inc.'s </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) stock closed at a new all-time high of $573.98</p>
<p><strong>Now Read:<br />   • <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40989179/meta-connect-2024-preview-cheaper-vr-expected-analysts-see-augmented-reality-and-ai">Meta Connect 2024 Preview: Cheaper VR Expected, Analysts See Augmented Reality And AI As Major Focus</a></strong></p>

<p><em>Photo: Shutterstock</em></p>


Eurozone

Legal

Global

Tech

Telegram Uses AI To Filter Problematic Data, Will Share User Info To Authorities

<p>STOCK CLOSES NEAR HIGH OF THE DAY</p>
<p><figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="810" height="742" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/23200849/Screen-Shot-2024-09-23-at-4.10.37-PM.png" alt="" class="wp-image-1409" style="width:920px;height:auto" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/23200849/Screen-Shot-2024-09-23-at-4.10.37-PM.png 810w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/23200849/Screen-Shot-2024-09-23-at-4.10.37-PM-300x275.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/23200849/Screen-Shot-2024-09-23-at-4.10.37-PM-768x704.png 768w" sizes="(max-width: 810px) 100vw, 810px" /></figure></p>
<p>Today, TradePulse&#8217;s latest Power Inflow alert indicated institutional volume is coming into Booking Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>), signaling a shift from net selling to buying. This shift is a key indicator of rising investor confidence and the potential for an uptrend in BKNG&#8217;s stock.</p>
<p>At 10:02 AM ET on September 23rd BKNG registered a Power Inflow at a price of $4062.73. Following this signal, the stock reached its high point at 3:55 EDT, climbing over 40 points ($4104.87) during the day, translating to an approximate increase of 1.0%. This alert is crucial for investors relying on order flow analytics, suggesting the beginning of an uptrend and presenting a valuable opportunity for those anticipating higher prices. Observers are now closely monitoring BKNG for sustained positive momentum, viewing this as a bullish sign.</p>
<p><strong>Understanding Power Inflow:</strong></p>
<p>A Power Inflow is identified by a surge in buy orders over sell orders, typically occurring within the first one or two hours after the market opens. This phenomenon is observed in ten to twenty stocks daily, reflecting the initial strategies and reactions of large institutional investors. Analyzing the size, timing, and price of these transactions helps signal shifts in market sentiment and potential price changes. For those interested in monitoring more stocks exhibiting Power Inflows, visiting the TradePulse website provides comprehensive insights and updates on daily occurrences.</p>
<p><strong>Importance of Power Inflow:</strong></p>
<p>Power Inflows are crucial as they offer early indications of potential uptrends, enabling traders to act even before the market fully adjusts. Such a change is commonly viewed as a sign of larger inflows than retail is capable of producing, indicating institutional interest and a short-term uptrend in the stock. Although not always marking the lowest point, stocks tend to rise following a Power Inflow. This makes these signals especially valuable for identifying strategic entry points and planning short-term investments, as they provide an opportunity to capitalize on upward momentum ahead of wider market recognition.</p>
<p><strong>Strategic Actions Following a Power Inflow:</strong></p>
<p>After detecting a Power Inflow, traders should view it as a potential entry buying point but also confirm the trend with TradePulse's additional indicators such as Momentum, Daily, and Large Deal flows to ensure its strength and viability. Prompt action, combined with strategic stop-loss settings, can maximize returns and minimize risks. This comprehensive approach allows traders to make more informed decisions, optimizing their trading strategies in alignment with real-time market dynamics.</p>
<p>If you want to stay updated on the latest options trades for <strong>Booking Holdings Inc.</strong>,<a href="https://benzinga.grsm.io/register174"> Benzinga Pro</a> gives you real-time options trade alerts.&nbsp;</p>
<p><a href="https://benzinga.com/apis?_gl=1&#x2A;1hlgn5i&#x2A;_ga&#x2A;MTY1NjE2NTYxMi4xNzE0NzQ4MTAy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDc0ODEwMi4xLjEuMTcxNDc0ODQyOC4wLjAuMA..">Market News and Data are brought to you by Benzinga APIs</a> and include firms, like<a href="https://finitusa.com/en/"> Finit USA</a>, responsible for parts of the data within this article.<br /><br /></p>
<p><strong><em>After Market Close UPDATE</em>:</strong></p>
<p>The price at the time of the Power Inflow was <strong>$4062.73</strong>. The returns on the High price (<strong>$4104.87)</strong> and Close price (<strong>$4097.08)</strong> after the Power Inflow were respectively <strong>1.0% and 0.8%. That is why it is important to have a</strong> trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite. In this case the high of the day and close were very close but that is not always the case</p>
<p><strong>Past Performance is Not Indicative of Future Results</strong></p>


Signals

BKNG

Tradepulse Power Inflow Alert: Booking Holdings Inc. Climbs Over 40 Points After Signal

<p>O'Reilly Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>) has outperformed the market over the past 15 years by 13.85% on an annualized basis producing an average annual return of 25.72%. Currently, O'Reilly Automotive has a market capitalization of $64.99 billion. </p>
<p><strong>Buying $1000 In ORLY:</strong> If an investor had bought $1000 of ORLY stock 15 years ago, it would be worth <strong>$30,563.32</strong> today based on a price of $1119.84 for ORLY at the time of writing.</p>
<h3>O'Reilly Automotive's Performance Over Last 15 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727127024_0.png" alt="comp_fig" /></p>
<p>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.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


ORLY

$1000 Invested In This Stock 15 Years Ago Would Be Worth $31,000 Today

<p>Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) has outperformed the market over the past 20 years by 8.05% on an annualized basis producing an average annual return of 16.54%. Currently, Adobe has a market capitalization of $234.06 billion. </p>
<p><strong>Buying $100 In ADBE:</strong> If an investor had bought $100 of ADBE stock 20 years ago, it would be worth <strong>$2,125.94</strong> today based on a price of $527.87 for ADBE at the time of writing.</p>
<h3>Adobe's Performance Over Last 20 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727127019_0.png" alt="comp_fig" /></p>
<p>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.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


ADBE

$100 Invested In This Stock 20 Years Ago Would Be Worth $2,100 Today

<p><strong>Tesla, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares moved higher Monday as investors anticipate the company's third-quarter delivery figures and <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40987087/us-stocks-stall-gold-updates-record-highs-tesla-rallies-whats-driving-markets-monday">the release of its robotaxi.&nbsp;</a></p>
<p><strong>The Details:</strong> Tesla shares climbed nearly 5% Monday after Barclays analyst <strong>Daniel Levy</strong> said he expects Tesla deliveries to come in higher than the consensus estimate of 460,000, according to <a href="https://finance.yahoo.com/news/tesla-stock-pops-amid-bullish-sales-forecast-as-robotaxi-unveiling-looms-181255883.html?utm_campaign=bm&amp;utm_medium=newsletter&amp;utm_source=morning_brew">a report</a> from Yahoo Finance.&nbsp;</p>
<p>The Barclays analyst expects Tesla to deliver about 470,000 EVs for the quarter due to an uptick in sales in China.&nbsp;</p>
<p>"Given the positive data points reported thus far in the quarter, particularly in China, we believe Tesla&#8217;s sales trajectory is well understood and investors are expecting a stronger result," Levy wrote.</p>
<p><strong>Read Next: </strong><a href="https://www.benzinga.com/news/earnings/24/09/40948948/homebuilder-lennar-reports-better-than-expected-q3-results-details"><strong>Homebuilder Lennar Reports Better-Than-Expected Q3 Results: Details</strong></a></p>
<p>Levy also expects Tesla's long-awaited "Robotaxi Day" scheduled for Oct. 10 to boost the stock. Tesla CEO <strong>Elon Musk</strong> has<a href="https://www.benzinga.com/news/24/07/39929718/tesla-robotaxi-unveiling-set-for-oct-10-here-are-the-updates-from-company-ceo-elon-musk-on-its-upcom"> hinted at the possibility</a> of the first unsupervised Tesla robotaxi ride by the end of 2024.</p>
<p>"It's difficult, obviously, my predictions on this have been overly optimistic in the past," Musk said. "…based on the current trend… you could do [it] unsupervised possibly by the end of this year. I would be shocked if we cannot do it next year."</p>
<h1 class="wp-block-heading"><strong>TSLA Stock Prediction 2024</strong></h1>
<p>Tesla&#8217;s revenue growth in FY23 was 18.8%, reflecting the influence of various factors including the macroeconomic environment, demand for its products and services, and its position relative to competitors. This growth is a critical indicator for investors assessing the company&#8217;s future prospects.</p>
<p>Some macro factors that could impact the company's performance in the next year include higher interest rates, progress on reeling in inflation and labor market strength. The Fed's benchmark rate is currently at 4.83%, while PPI recently came in at 0.2%, growing 1.7% from last year. The unemployment rate was most recently reported as 4.2%.</p>
<p>An investor should pay attention to economic conditions to decide whether they think the macro environment is positive or negative for Tesla stock. For real-time economic data and breaking market updates, <a href="https://pro.benzinga.com/">check out Benzinga Pro. Try it for free.</a></p>
<p>How does this stack up against Tesla's peers? Investors may also want to analyze a stock in comparison to companies with similar products or in similar industries. </p>
<p>Tesla operates in the Consumer Discretionary sector. The stock has experienced an average annual growth of -1.06% compared to the -37.76% average of its peer companies. This is below the broader sector movement of Tesla.</p>
<p><strong>TSLA Price Action:</strong> According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Tesla shares ended Monday's session 1.22% higher at $250.</p>
<p><strong>Read Also:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/09/40957779/shipping-giants-fedex-ups-stocks-slip-friday-whats-going-on"><strong>Shipping Giants FedEx, UPS Stocks Slip Friday: What&#8217;s Going On?</strong></a></li>
</ul>
<p><em>Photo: Courtesy of Tesla, Inc.</em></p>


Movers

TSLA

What Happened With Tesla Stock Today?

<p>HEI intends to use the net proceeds from the offering to fund its contribution to the expected Maui wildfire tort litigation settlement and for general corporate purposes.</p>


Offerings

Hawaiian Electric Industries Intends To Make Offering Of $500M Of Shares Of Its Common Stock

Silver Spike Investment Says Stockholders Have Voted At Special Meeting Of Stockholders To Approve Proposal Related To Acquisition Of CALP Loan Portfolio

<p>N-Sorb leverages company&#39;s proven 3-Phase Activ-Polymer&nbsp;platform technology to address recent concerns related to N-nitrosamine impurities in pharmaceuticals.</p>


AptarGroup Says N-Sorb Nitrosamine Mitigation Solution Has Been Accepted Into FDA Emerging Technology Program

<p>Ratings for Grocery Outlet Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GO#NASDAQ">GO</a>) were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.</p>
<p>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.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></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><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $23.43, with a high estimate of $31.00 and a low estimate of $17.00. Highlighting a 18.08% decrease, the current average has fallen from the previous average price target of $28.60. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727125287_0.png" alt="price target chart" /></p>
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
<p>The standing of Grocery Outlet Holding among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<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>Karen Short</td>
<td>Melius Research</td>
<td>Announces</td>
<td>Hold</td>
<td>$17.00</td>
<td>-</td>
</tr>
<tr>
<td>Bill Kirk</td>
<td>Roth MKM</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$20.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Michael Lasser</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$21.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$27.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Jeremy Hamblin</td>
<td>Craig-Hallum</td>
<td>Lowers</td>
<td>Hold</td>
<td>$20.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$31.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Anthony Bonadio</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Overweight</td>
<td>$28.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Grocery Outlet Holding. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Grocery Outlet Holding compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts gauge the dynamics of price targets, providing estimates for the future value of Grocery Outlet Holding's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>For valuable insights into Grocery Outlet Holding's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/GO/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Grocery Outlet Holding analyst ratings.</strong></a></p>
<p>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>.</p>
<h2>About Grocery Outlet Holding</h2>
<p>Grocery Outlet Holding Corp is a grocery store operator in the United States. Its flexible buying model allows them to offer quality, name-brand opportunistic products at prices generally 40% to 70% below those of conventional retailers. The stores are run by Entrepreneurial independent operators which create a neighborhood feel through personalized customer service and a localized product offering.</p>
<h3>Financial Insights: Grocery Outlet Holding</h3>
<p><strong>Market Capitalization Analysis:</strong> 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.</p>
<p><strong>Positive Revenue Trend:</strong> Examining Grocery Outlet Holding's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of <strong>11.71%</strong> as of 30 June, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Consumer Staples sector, the company excelled with a growth rate higher than the average among peers.</p>
<p><strong>Net Margin:</strong> Grocery Outlet Holding's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>1.24%</strong> net margin, the company effectively manages costs and achieves strong profitability.</p>
<p><strong>Return on Equity (ROE):</strong> Grocery Outlet Holding's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of <strong>1.15%,</strong> the company showcases efficient use of equity capital and strong financial health.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of <strong>0.46%,</strong> the company showcases effective utilization of assets.</p>
<p><strong>Debt Management:</strong> Grocery Outlet Holding's debt-to-equity ratio is below the industry average at <strong>1.25</strong>, reflecting a lower dependency on debt financing and a more conservative financial approach.</p>
<h2>The Basics of Analyst Ratings</h2>
<p>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.</p>
<p>Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.</p>
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<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


7 Analysts Assess Grocery Outlet Holding: What You Need To Know

<p>13 analysts have expressed a variety of opinions on Microchip Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.</p>
<p>The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">4</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><strong>Last 30D</strong></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><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $96.92, a high estimate of $115.00, and a low estimate of $80.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 5.33%. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727125260_0.png" alt="price target chart" /></p>
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
<p>A comprehensive examination of how financial experts perceive Microchip Technology is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<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>William Stein</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$80.00</td>
<td>$89.00</td>
</tr>
<tr>
<td>Harsh Kumar</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$100.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Quinn Bolton</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$96.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Hans Mosesmann</td>
<td>Rosenblatt</td>
<td>Lowers</td>
<td>Buy</td>
<td>$90.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Christopher Danely</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$92.00</td>
<td>$104.00</td>
</tr>
<tr>
<td>Craig Ellis</td>
<td>B. Riley Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$103.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>William Stein</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$89.00</td>
<td>$96.00</td>
</tr>
<tr>
<td>Harlan Sur</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$100.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Christopher Rolland</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Positive</td>
<td>$105.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Vivek Arya</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$90.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Hans Mosesmann</td>
<td>Rosenblatt</td>
<td>Maintains</td>
<td>Buy</td>
<td>$100.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Christopher Rolland</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$115.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Joseph Moore</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$100.00</td>
<td>$102.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Microchip Technology. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Microchip Technology compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts explore the dynamics of price targets, providing estimates for the future value of Microchip Technology's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
<p>Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Microchip Technology's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/MCHP/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Microchip Technology analyst ratings.</strong></a></p>
<h2>About Microchip Technology</h2>
<p>Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.</p>
<h3>Microchip Technology: Delving into Financials</h3>
<p><strong>Market Capitalization:</strong> With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.</p>
<p><strong>Negative Revenue Trend:</strong> Examining Microchip Technology's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately <strong>-45.76%</strong> in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.</p>
<p><strong>Net Margin:</strong> Microchip Technology's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of <strong>10.42%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Microchip Technology's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of <strong>1.98%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> Microchip Technology's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of <strong>0.82%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Debt Management:</strong> Microchip Technology's debt-to-equity ratio is notably higher than the industry average. With a ratio of <b>0.97</b>, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>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.</p>
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<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


MCHP

13 Analysts Assess Microchip Technology: What You Need To Know

<p>Throughout the last three months, 4 analysts have evaluated Jefferies Financial Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JEF#NYSE">JEF</a>), offering a diverse set of opinions from bullish to bearish.</p>
<p>The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></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><strong>Last 30D</strong></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><strong>1M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></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>
<p>Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $64.0, with a high estimate of $67.00 and a low estimate of $59.00. This upward trend is apparent, with the current average reflecting a 14.96% increase from the previous average price target of $55.67.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727125251_0.png" alt="price target chart" /></p>
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
<p>The analysis of recent analyst actions sheds light on the perception of Jefferies Financial Gr by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<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>Ryan Kenny</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$64.00</td>
<td>$59.00</td>
</tr>
<tr>
<td>Brennan Hawken</td>
<td>UBS</td>
<td>Announces</td>
<td>Buy</td>
<td>$67.00</td>
<td>-</td>
</tr>
<tr>
<td>Chris Kotowski</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$66.00</td>
<td>$64.00</td>
</tr>
<tr>
<td>Ryan Kenny</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$59.00</td>
<td>$44.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Jefferies Financial Gr. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Jefferies Financial Gr compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts provide insights into price targets, offering estimates for the future value of Jefferies Financial Gr's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>To gain a panoramic view of Jefferies Financial Gr's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/JEF/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Jefferies Financial Gr analyst ratings.</strong></a></p>
<h2>Discovering Jefferies Financial Gr: A Closer Look</h2>
<p>Jefferies Financial Group Inc is a diversified financial services company. It has two reportable segments; Investment Banking and Capital Markets which is also the majority revenue generating segment, includes securities, commodities, corporate lending, futures and foreign exchange capital markets activities and its investment banking business, which provides underwriting and financial advisory services to clients across different sectors. The Asset Management reportable business segment provides alternative investment management services to investors in the U.S. and overseas and generates investment income from capital invested in and managed by it or its affiliated asset managers.</p>
<h3>Financial Milestones: Jefferies Financial Gr's Journey</h3>
<p><strong>Market Capitalization Analysis:</strong> The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.</p>
<p><strong>Positive Revenue Trend:</strong> Examining Jefferies Financial Gr's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of <strong>52.39%</strong> as of 31 May, 2024, showcasing a substantial increase in 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 Financials sector.</p>
<p><strong>Net Margin:</strong> The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of <strong>5.75%,</strong> the company may need to address challenges in effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> Jefferies Financial Gr's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of <strong>1.47%,</strong> the company may encounter challenges in delivering satisfactory returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> Jefferies Financial Gr's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of <strong>0.23%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Debt Management:</strong> Jefferies Financial Gr's debt-to-equity ratio is below the industry average at <strong>2.04</strong>, reflecting a lower dependency on debt financing and a more conservative financial approach.</p>
<h2>Understanding the Relevance of Analyst Ratings</h2>
<p>Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
<p><strong>Breaking: Wall Street's Next Big Mover</strong></p>
<p>Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights"><strong>Click here for urgent details</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Navigating 4 Analyst Ratings For Jefferies Financial Gr

<p>RBC Bearings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBC#NYSE">RBC</a>) has outperformed the market over the past 15 years by 6.54% on an annualized basis producing an average annual return of 18.4%. Currently, RBC Bearings has a market capitalization of $8.67 billion. </p>
<p><strong>Buying $1000 In RBC:</strong> If an investor had bought $1000 of RBC stock 15 years ago, it would be worth <strong>$12,698.64</strong> today based on a price of $297.91 for RBC at the time of writing.</p>
<h3>RBC Bearings's Performance Over Last 15 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727125215_0.png" alt="comp_fig" /></p>
<p>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.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


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

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Finding stocks that can 10X this year is certainly easier said than done. However, there are <a href="https://investorplace.com/stock-types/growth-stocks/">growth stocks</a> in the market with the potential for such returns, if everything lines up perfectly. Of course, most people looking for such gains usually end up investing in cryptocurrencies or in loss-making and highly dilutive stocks in the hopes of landing a short squeeze.</p>



<p>However, I think it is a better idea to invest in sustainable businesses that are at or near profitability already and are supported by robust growth. These stocks don&rsquo;t trade at bargain valuations, but they have lots of upside potential as their valuations are lower than their peers.</p>



<p>Here are three such growth stocks to consider for outsized gains this year. </p>



<h2>GigaCloud Technology (GCT)</h2>



<p><strong>GigaCloud Technology</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/gct-stock-quote/"><strong>GCT</strong></a>) operates an e-commerce marketplace for large parcel merchandise. Despite its name, this company has nothing to do with cloud computing. But don&rsquo;t let that fool you &ndash; GigaCloud is absolutely thriving. The company recently reported revenue that <a href="https://www.google.com/finance/quote/GCT:NASDAQ" target="_blank">nearly doubled year-over-year in Q1 to $251 million</a>. Unsurprisingly, GCT stock has already soared 380% over the past year, but I believe there&rsquo;s plenty more room for this growth gem to run.</p>



<p>While a 10x from here might be a stretch, the company&rsquo;s growth metrics are undeniably impressive. Analysts <a href="https://seekingalpha.com/symbol/GCT/earnings/estimates" target="_blank">expect 61% revenue growth this year</a> and earnings to surge 50% over the next two years. GigaCloud is firing on all cylinders, launching new services like &ldquo;Branding-as-a-Service&rdquo; to help marketplace sellers boost their competitiveness. The company is also expanding their supplier base into new markets like Columbia, Mexico, and Turkey.</p>



<p>In my view, this level of growth deserves a much richer valuation premium. As GigaCloud&rsquo;s marketplace network effects continue widening, I expect the stock to keep climbing steadily higher well into 2025 and beyond.</p>



<h2>Urban-gro (UGRO)</h2>



<p><strong>Urban-gro</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/ugro-stock-quote/"><strong>UGRO</strong></a>) designs and builds controlled environment agriculture facilities. While UGRO stock has plummeted over 90% over the past five years, the company&rsquo;s improving fundamentals could catalyze a rebound in the coming quarters.</p>



<p>In the company&rsquo;s first quarter, Urban-gro delivered its <a href="https://www.investing.com/news/stock-market-news/earnings-call-urbangro-posts-strong-q1-adjusted-ebitda-beats-guidance-93CH-3409346" target="_blank">strongest quarterly adjusted EBITDA results in two years</a>, driven by diversified revenue streams and reduced operating expenses. The company&rsquo;s backlog also remained solid at $99 million.</p>



<p>Most notably, the DEA&rsquo;s support for rescheduling cannabis to the less stringent Schedule III classification could be a game-changer. With over 1,000 cannabis projects completed, urban-gro is well-positioned to capitalize on the industry&rsquo;s potential reinvigoration.</p>



<p>The stock trades at just one-fifth of forward sales, despite expectations for <a href="https://seekingalpha.com/symbol/UGRO/earnings/estimates" target="_blank">revenue to nearly triple over the next five years</a>. I believe any positive regulatory developments in this election year could send UGRO stock soaring. Analysts are also very optimistic here.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/06/chart-2024-06-04t173923.307.png"><img width="1226" height="455" src="https://investorplace.com/wp-content/uploads/2024/06/chart-2024-06-04t173923.307.png" alt="Growth Stocks: UGRO stock price target."><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>However, investors must remain cautious given the stock&rsquo;s extreme volatility. While a repeat of 2021&rsquo;s 1,100% spike seems unlikely, the risk-reward upside for this stock appears favorable right now.</p>



<h2>Integral Ad Science Holding (IAS)</h2>



<p><strong>Integral Ad Science</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/ias-stock-quote/"><strong>IAS</strong></a>) provides digital ad verification and optimization solutions to ensure real people see ads. In today&rsquo;s AI-driven world, it&rsquo;s becoming increasingly difficult to distinguish between real viewers and bots, making IAS&rsquo;s services more critical than ever. Moreover, with the rise of apps that incentivize users to participate in digital surveys, there&rsquo;s a growing need for companies to optimize ad placement for maximum viewability and revenue.</p>



<p>IAS recently reported strong Q1 results, with <a href="https://www.morningstar.com/news/pr-newswire/20240509ny10275/ias-reports-first-quarter-2024-financial-results" target="_blank">revenue growing 8% to $114.5 million</a> and adjusted EBITDA coming in at $33.1 million. The company benefited from increased advertiser demand, particularly in the social media segment. While not yet profitable, IAS is expected to turn solidly profitable this year with 401% earnings per share growth to 20 cents, eventually quadrupling this number <a href="http://seekingalpha.com/symbol/IAS/earnings/estimates" target="_blank">to 80 cents by 2028</a>.</p>



<p>Although the stock already trades at a premium, I believe IAS has significant long-term growth potential. Digital advertising is becoming increasingly important, and IAS&rsquo;s AI-backed technology and partnerships with major platforms like <strong>TikTok</strong>, <strong>X</strong>, and <strong>Snap</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/snap-stock-quote/"><strong>SNAP</strong></a>) position it well to capitalize on this trend. While a 10x return by December seems unlikely without a massive contract win, I believe IAS could deliver multibagger gains in the coming years for patient investors.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/06/chart-2024-06-04t174356.145.png"><img width="1200" height="850" src="https://investorplace.com/wp-content/uploads/2024/06/chart-2024-06-04t174356.145.png" alt="IAS price"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>It is more realistic the stock could return to GuruFocus&rsquo; &ldquo;fair price&rdquo; range, but I do think 10X upside is possible. </p>



<p><strong><a href="https://investorplace.com/stock-types/penny-stocks/">Penny Stocks</a></strong></p>



<p><strong><em>On Penny Stocks and Low-Volume Stocks:</em></strong><em>&nbsp;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&nbsp;<a href="http://investorplace.com/" target="_blank">InvestorPlace.com</a>&rsquo;s writers disclose this fact and warn readers of the risks.</em></p>



<p><em>Read More:&nbsp;Penny Stocks &mdash;&nbsp;</em><a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/"><em>How to Profit Without Getting Scammed</em></a></p>



<p><em>On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.</em></p>
<div><p>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/06/3-growth-stocks-that-could-10x-by-december-2024/">3 Growth Stocks That Could 10X by December 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

3 Growth Stocks That Could 10X by December 2024

urban-gro (UGRO) has issued an announcement. At the Company's Annual Meeting, shareholders elected all incumbent directors and approved amendments ...

urban-gro Shareholders Support Directors and Executive Pay Plans

The latest announcement is out from urban-gro (UGRO). Urban-gro, Inc. has announced the signing of new contracts with over a dozen clients, expandi...

Urban-gro Secures Contracts Worth $12M in Cultivation and Retail

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><a href="https://investorplace.com/stock-types/penny-stocks/">Penny stocks</a> are some of the best investments if you are looking for high-risk, high-reward bets to quintuple your money. That&rsquo;s definitely easier said than done since most penny stocks in the market have loss-making underlying businesses and a lot of dilution.</p>



<p>However, it is still possible if you look at up-and-coming startups in sectors with a lot of tailwinds. These startups could deliver multibagger gains overnight if they land big contracts or deliver market-beating earnings.</p>



<p>In addition, rate cuts are likely very close right now. This would significantly improve the market environment for all penny stocks and help them restart growth.</p>



<p>With that in mind, explore seven overlooked penny stocks that could quintuple your money by 2026.</p>



<h2>Red Cat Holdings (RCAT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/drone-war-300x169.png" alt="A drone being used by soldiers."><div>Source: Gorodenkoff / Shutterstock.com</div></div><p><strong>Red Cat Holdings</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/rcat-stock-quote/"><strong>RCAT</strong></a></span>) manufactures small unmanned aircraft systems (sUAS). I believe this under-the-radar drone stock could take flight and potentially deliver 5X returns by 2026. The company&rsquo;s Q3 results were stellar, outperforming guidance by 16% to achieve record <a href="https://finance.yahoo.com/news/red-cat-holdings-inc-nasdaq-134405410.html" target="_blank">revenues of $5.85 million</a>, up a staggering 88% year-over-year (<strong>YOY</strong>).</p>



<p>The star of the show is RCAT&rsquo;s Teal 2 drone, which is rapidly gaining traction as the go-to sUAS for the U.S. Department of Defense (<strong>DOD</strong>), federal agencies and over 10 NATO countries. Teal 2 sets itself apart by its unrivaled nighttime capabilities and open-source architecture. These allow customers to easily integrate their preferred software, similar to downloading apps on an iPhone.</p>



<p>Red Cat Holdings is wisely partnering with top-tier software providers like Teledyne FLIR, Tomahawk Robotics&mdash;now part of <strong>AeroVironment</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/avav-stock-quote/"><strong>AVAV</strong></a></span>)&mdash;and Primordial Labs to offer cutting-edge features like AI, autonomous tracking, voice control and multi-drone &ldquo;swarming.&rdquo; These high-margin software add-ons could boost RCAT&rsquo;s profitability by 20-25%. Analysts covering this stock see huge potential going forward.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/07/chart-16.png"><img width="1226" height="455" src="https://investorplace.com/wp-content/uploads/2024/07/chart-16.png" alt="RCAT stock price target"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>It is one of the few publicly traded U.S. small drone manufacturers. Thus, I believe Red Cat is well-positioned to secure big defense contracts as it gains recognition.</p>



<h2>Vislink Technologies (VISL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/video-player-digital-entertainment-300x169.png" alt="An image of a person using a laptop with a video player overlaid"><div>Source: Song_about_summer/Shutterstock</div></div><p><strong>Vislink</strong> <strong>Technologies</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/visl-stock-quote/"><strong>VISL</strong></a></span>) is a video communications company that serves various sectors. It sells with high-quality live video feeds. For example, VISL can manage live video feeds for sports events. Its growth prospects look promising as demand for its technology surges across the industries it serves.</p>



<p>The stock has rebounded nearly 20% in the last six months. If Vislink Technologies can secure major contracts, particularly in the defense and law enforcement space given the favorable geopolitical landscape, the upside could be tremendous.</p>



<p>Further, Q1 results showed robust <a href="https://www.investing.com/news/stock-market-news/earnings-call-vislink-posts-20-revenue-surge-in-q1-eyes-cash-flow-neutrality-93CH-3442751" target="_blank">20% YOY revenue growth to $8.6 million</a>. This was driven by strong military and government customer adoption of products like AeroLink. Vislink Technologies is smartly pivoting to higher-margin solutions with recent rollouts like Cliq and LiveLink targeting key growth markets. Management expects these new products to approach 70% of total sales this year.</p>



<p>Plus, services and software revenue ticked up to 16% of the mix in Q1. Continued expansion here, especially with Vislink&rsquo;s LINK MATRIX device management platform, could be a major profitability driver. Revenue is <a href="https://seekingalpha.com/symbol/VISL/earnings/estimates">projected to surge 27%</a> this year, and losses are anticipated to narrow by 57%.</p>



<h2>Porch Group (PRCH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/12/insurance-audit-300x169.jpg" alt='a person holds up a scrap of paper that asks "Are you covered?"'><div>Source: Shutterstock</div></div><p><strong>Porch Group</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/prch-stock-quote/"><strong>PRCH</strong></a></span>) provides vertical software and insurance solutions for the home. The company&rsquo;s first-quarter results showed strong execution, with over <a href="https://www.nasdaq.com/articles/porch-group-inc.-prch-reports-q1-loss-tops-revenue-estimates-1" target="_blank">30% revenue growth YOY to $115.44 million</a>, beating estimates by nearly $11 million. I was particularly impressed by the $5 million improvement in adjusted EBITDA.</p>



<p>Despite an early and costly Texas storm season that dented Q1 results by $8 million more than anticipated, management still raised full-year adjusted EBITDA guidance. Plus, the company has much best-in-class gross loss and combined ratios compared to industry peers. The successful April 1 reinsurance renewals will also provide strong a tailwind going forward.</p>



<p>This stock was on its last legs after the late 2021 selloffs that went through all of 2022. However, it did make a short-lived comeback, but it is down again by around 65% from April&rsquo;s peak. I think that the stock is at an undervalued level now and could bounce back much higher in the coming months. Nevertheless, I&rsquo;m more optimistic about its long-term prospects since losses are expected to narrow substantially. And, the company is <a href="https://seekingalpha.com/symbol/PRCH/earnings/estimates">expected to see 13%-plus annual sales growth</a> starting next year. The biggest upside catalyst will be the rate cuts.</p>



<h2>ARC Document Solutions (ARC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/printing-company-300x169.jpg" alt="An image from inside a factory with large white and blue machines lined up next to each other, a silver ceiling with pipes and vents, red and yellow tape on the floor, and more space and pillars to the right of the machines."><div>Source: Shutterstock</div></div><p>Not all penny stocks have to be loss-making bets. <strong>ARC Documents Solutions</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/arc-stock-quote/"><strong>ARC</strong></a></span>) is profitable and actually pays a dividend. The dividend yield is currently at 6.71%.</p>



<p>Regardless, the growth is a little bit muted, but plenty of margin expansion is ahead to drive upside. Of course, the printing business doesn&rsquo;t have the best growth runway, but I believe the profitability it has will allow it to diversify more in the long run.</p>



<p></p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/07/chart-17.png"><img width="1200" height="628" src="https://investorplace.com/wp-content/uploads/2024/07/chart-17.png" alt="ARCC dividends. overlooked penny stocks"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>Already, the company is expanding its addressable markets by targeting new verticals with customized marketing solutions. I believe if it can continue the trend of beating estimates, it can unlock substantial upside. Although it may not be the sexiest business, I still think it is a compelling under-the-radar pick with multibagger potential.</p>



<h2>Clear Channel Outdoor (CCO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/10/shutterstock_539175526-300x169.jpg" alt="an empty billboard on a highway"><div>Source: Shutterstock</div></div><p><strong>Clear Channel Outdoor</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/cco-stock-quote/"><strong>CCO</strong></a></span>) operates an outdoor advertising business. Its stock is a compelling long-term opportunity for investors willing to stomach some near-term volatility.</p>



<p>CCO posted <a href="https://www.marketscreener.com/quote/stock/CLEAR-CHANNEL-OUTDOOR-HOL-59467406/news/Earnings-Flash-CCO-CLEAR-CHANNEL-OUTDOOR-HOLDINGS-Posts-Q1-Revenue-481-8M-vs-Street-Est-of-478-46676980/" target="_blank">revenue of $482 million</a>, a 10.1% increase YOY. This was driven by record Q1 revenue in its America, Airports and Europe-North segments. Clear Channel Outdoor is benefiting from strong tailwinds in the out-of-home advertising market, particularly a surge in U.S. political ad spending ahead of the 2024 presidential election. Brand marketers and political media buyers are turning to billboards and street furniture to cut through the noise. CCO is well-positioned to capitalize on this with its massive nationwide footprint.</p>



<p>What really excites me is Clear Channel&rsquo;s use of first-party data to enable precision-targeted omni-channel campaigns for advertisers. It can sync billboard exposure to mobile device IDs. I believe this should drive strong pricing power in the coming years.</p>



<p>In fact, <a href="http://seekingalpha.com/symbol/CCO/earnings/estimates">analysts expect</a> EPS could easily triple by 2026. A lot of the margin expansion is likely to come from debt servicing costs going down after rate cuts since this company sits on a $7.2 billion debt load.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/07/chart-18.png"><img width="1200" height="850" src="https://investorplace.com/wp-content/uploads/2024/07/chart-18.png" alt="How Clear Channel Holdings makes its money - overlooked penny stocks"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>Finally, rate cuts bringing down those interest expenses will help earnings massively.</p>



<h2>Urban-Gro (UGRO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/aurora-cannabis-stock-7-300x169.jpg" alt="A close-up shot of a marijuana growhouse. cannabis trends"><div>Source: Shutterstock</div></div><p><strong>Urban-Gro</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/ugro-stock-quote/"><strong>UGRO</strong></a></span>) is a professional services firm that designs and builds cannabis cultivation facilities. UGRO stock has been one of the most volatile names in recent months. However, I believe it has significant upside potential going forward.</p>



<p>The company reported Q1 2024 <a href="https://markets.businessinsider.com/news/stocks/ugro-stock-earnings-urban-gro-for-q1-of-2024-1033309213" target="_blank">revenue of $15.54 million</a>, down 7.29% YOY but beating estimates by over $400,000. While Urban-Gro is still operating at a loss, those losses have narrowed substantially from $4.73 million in Q4 of 2023 to just $2.14 million this past quarter. At this trajectory, I expect them to reach cash flow neutrality in the near future.</p>



<p>More importantly, Urban-Gro seems poised for explosive top-line growth. Analysts are <a href="https://seekingalpha.com/symbol/UGRO/earnings/estimates" target="_blank">projecting 15% revenue growth this year</a>, which will accelerate to 25% next year and a whopping 43% in 2026. If U.S. cannabis legalization gains traction, as hinted at by the U.S. Drug Enforcement Administration&rsquo;s (<strong>DEA</strong>) recommendation to reschedule the drug, Urban-Gro&rsquo;s growth could far exceed even these bullish forecasts. With over 1,000 cannabis projects under its belt, no firm is better positioned to capitalize on a legalization boom and the capex spree it would likely unleash.</p>



<p>Trading near trough valuations, UGRO stock looks like a coiled spring ready to catapult higher on any favorable regulatory catalysts. The potential to quintuple or more by 2026 appears very much on the table.</p>



<h2>BARK (BARK)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/02/bark1600-300x169.png" alt="Bark, the parent company of BarkBox, distribution center. BarkBox is a monthly subscription service providing dog products."><div>Source: Jonathan Weiss / Shutterstock.com</div></div><p>Fifty-eight percent of <a href="https://www.consumeraffairs.com/pets/pets-are-family.html#:~:text=Evidently%2C%20pets%20may%20have%20a,the%20percentage%20jumped%20to%2063%25.">millennials report</a> they would prefer to have pets over human children. I am very bullish on the long-term prospects of pet-related companies. <strong>BARK</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/bark-stock-quote/"><strong>BARK</strong></a></span>) is a leading provider of personalized dog products and services. The stock has been making a gradual comeback, rising 26% over the past year, despite the fading post-pandemic boom. So, BARK&rsquo;s turnaround story could be just getting started.</p>



<p>While the lack of top-line growth has been a drag, analysts <a href="https://seekingalpha.com/symbol/BARK/earnings/estimates">expect revenue to accelerate</a> to nearly 10% next year and maintain a robust 13% annual growth rate going forward. If BARK can deliver on these projections and achieve profitability as anticipated, this overlooked penny stock may be poised to deliver multibagger returns.</p>



<p>The company&rsquo;s <a href="https://markets.ft.com/data/announce/detail?dockey=600-202406031601BIZWIRE_USPRX____20240603_BW183183-1">gross margins improved</a> by an impressive 600 basis points to 61.6% in fiscal year 2024, driven by enhancements in product quality and safety. In addition, shipping and fulfillment expenses decreased by nearly 300 basis points. This translated to $45 million in savings on approximately $500 million in revenue and adjusted EBITDA, proving by $47 million YOY. Looking ahead, the key will be BARK&rsquo;s ability to sustain this momentum.</p>



<p><strong><em>On Penny Stocks and Low-Volume Stocks:</em></strong><em>&nbsp;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&nbsp;</em><a href="http://investorplace.com/"><em>InvestorPlace.com</em></a><em>&rsquo;s writers disclose this fact and warn readers of the risks.</em></p>



<p><em>Read More:&nbsp;Penny Stocks &mdash;&nbsp;</em><a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/"><em>How to Profit Without Getting Scammed</em></a></p>



<p><em>On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines.</a></em></p>



<p><em>On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
<div><p>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/07/7-overlooked-penny-stocks-that-could-quintuple-your-money-by-2026/">7 Overlooked Penny Stocks That Could Quintuple Your Money by 2026</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Overlooked Penny Stocks That Could Quintuple Your Money by 2026

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Vertical farming is a hot topic with significant productivity-based advantages. In fact, the industry is forecasted to grow by <a href="https://straitsresearch.com/report/vertical-farming-market#:~:text=Market%20Overview,period%20(2023%E2%80%932031).">24.1% annually until 2031</a>, illustrating its potential. As a result, investors are looking into vertical farming stocks for massive returns. </p>



<p>Given the above, I embarked on a journey to find three undervalued vertical farming stocks. I was aware that value and growth traps are prominent due to the industry&rsquo;s immature state. As such, I applied a robust screening methodology, which looked at fundamental sustainability, valuation metrics, and structural growth. Moreover, I applied technical analysis where necessary to identify key pricing points.</p>



<p>Vertical farming stocks are risky as the industry has yet to consolidate, meaning related stocks aren&rsquo;t suitable for all investors. However, if your risk tolerance is high, then here are three vertical farming stocks worth considering.</p>



<h2>Urban-Gro (UGRO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/ugro-stock-1600-300x169.jpg" alt="LED lighting used to grow lettuce inside a warehouse without the need for sunlight"><div>Source: Martin Bergsma / Shutterstock.com</div></div><p><strong>Urban-Gro</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/ugro-stock-quote/"><strong>UGRO</strong></a></span>) fulfills a critical role in the vertical farming industry: facility development. The company designs, develops, and manages value-added infrastructure tailored to numerous end markets.</p>



<p>Fundamentally, I enjoy Urban-Gro&rsquo;s nimble approach and early-to-market stature. However, I also find some of its other aspects commendable. For example, Urban-Gro recorded a hefty project backlog of <a href="https://feeds.issuerdirect.com/news-release.html?newsid=5989999038507398">$99 million in March</a>. Additionally, the company recently reported its first-quarter earnings, revealing $15.5 million in revenue, a 4% year-over-year increase. </p>



<p>The abovementioned variables play into a broader growth story, which is encouraging, as UGRO stock&rsquo;s price-to-sales ratio of <a href="https://finance.yahoo.com/quote/UGRO/key-statistics/">0.25x</a> suggests it is grossly undervalued. Moreover, UGRO stock&rsquo;s technical variables are aligned as it recently surpassed its ten- and 50-day moving averages, indicating a momentum trend has been shaped.</p>



<p>UGRO stock might be volatile for the foreseeable future, as Urban-Gro is an early-stage enterprise. Nevertheless, asymmetrical returns are possible if Urban-Gro&rsquo;s fundamental variables build on their recent progress.</p>



<h2>Village Farms International (VFF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/vff-stock-1600-300x169.jpg" alt="Hydroponics,Organic fresh harvested vegetables"><div>Source: bluedog studio / Shutterstock.com</div></div><p><strong>Village Farms International</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/vff-stock-quote/"><strong>VFF</strong></a></span>) is a horizontally integrated company that supplies numerous greenhouse goods in the U.S. and Canada. In addition to supplying fresh produce, Village Farms participates in the North American cannabis industry, providing an additional growth multiplier. Moreover, the company has operated for <a href="https://villagefarms.com/about/leadership/#:~:text=In%201989%2C%20he%20founded%20Village,chief%20visionary%20for%20the%20Company.">over thirty years</a>, translating into substantial human capital synergies across its verticals.</p>



<p>Furthermore, Village Farms International has promising short-term support. For example, the company released its first-quarter earnings report in May, revealing <a href="https://seekingalpha.com/pr/19716834-village-farms-international-reports-strong-q1-24-results?hasComeFromMpArticle=false&amp;source=section%253Amain_content%257Cbutton%253Abody_link%257Cfirst_level_url%253Anews">$77.88 million</a> in revenue, a 21% year-over-year increase. Village Farms&rsquo; key drivers were a 28% year-over-year increase in Canadian retail cannabis sales and enhanced regional market share.</p>



<p>Furthermore, Village Farms&rsquo; fresh produce segment has recovered from its loss by posting $100,000 in net income. I believe the segment&rsquo;s turnaround is a sign of things to come on a firm-wide level, which could add substance to VFF stock&rsquo;s price-to-sales ratio of <a href="https://finance.yahoo.com/quote/VFF/key-statistics/">0.4x</a>.</p>



<p>Village Farms International is a scalable company. Although inefficiencies remain, I&rsquo;m bullish about VFF stock&rsquo;s prospects as it seems like a telling growth story.</p>



<h2>Agrify Corporation (AGFY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/agfy-stock-1600-300x169.jpg" alt="bearded man tending kale crops in urban communal garden, AGFY Stock"><div>Source: Joshua Resnick / Shutterstock.com</div></div><p><strong>Agrify</strong> (NASDAQ:<strong><a href="https://investorplace.com/stock-quotes/agfy-stock-quote/" target="_blank">AGFY</a></strong>) is a hardware and software company that offers various products to the cannabis industry. The firm generates multiple revenue streams, from software-as-a-service to facility development assistance. Moreover, Agrify services the medicinal and hemp end markets, providing it with critical diversification attributes.</p>



<p>I mainly included AGFY stock in today&rsquo;s list as it is an event-driven opportunity. The company recently sealed a <a target="_blank" href="https://ir.agrify.com/news-releases/news-release-details/agrify-corporation-announces-500k-turnkey-extraction-equipment#:~:text=TROY%2C%20Mich.%20%2C%20June%2011,Lab%20Equipment%20Package%20with%20Grotech">$500,000</a> turnkey contract to provide extraction equipment to Grotech farms. I believe the event adds volume to Agrify&rsquo;s revenue mix, allowing it the latitude to focus on developing additional products. In addition, the contract adds substance to AGFY&rsquo;s price-to-sales ratio of <a target="_blank" href="https://finance.yahoo.com/quote/AGFY/key-statistics/">0.08x</a>, suggesting that absolute value is in play.</p>



<p>It must be outlined that Agrify has a few risks. Firstly, the NASDAQ issued a non-compliance <a href="https://mjbizdaily.com/cannabis-tech-firm-agrify-converts-debt-to-equity-to-pacify-nasdaq/#:~:text=Cannabis%20technology%20company%20Agrify%20Corp,with%20Nasdaq's%20stock%20listing%20rules.">warning earlier this year</a> when Agrify&rsquo;s equity value fell below $2.5 million. However, the firm executed a $13.8 million debt-to-equity conversion to settle the dispute. Furthermore, AGFY is a young company with a short trading history, meaning it has yet to prove its intrinsic worth.</p>



<p>Despite having certain reservations about Agrify, I remain bullish and believe the stock will reach great heights!</p>



<p><em>On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>



<p><em>On the date of publication, Steve Booyens did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a></em>.</p>
<div><p>Steve Booyens co-founded Pearl Gray Equity and Research in 2020 and has been responsible for cross-asset research and PR ever since. Before founding the firm, Steve spent time working in various finance roles in London and South Africa. He holds an MSc in Investment Banking from Queen Mary &ndash; University of London. Furthermore, Steve obtained his CFA Charter on April 26, 2024, and is working toward his Ph.D. in Finance. His articles are published on various reputable web pages such as Seeking Alpha, TipRanks, Yahoo Finance, and Benzinga. Steve&rsquo;s articles on InvestorPlace don&rsquo;t constitute financial advice. However, they form an interesting juxtaposition between mainstream opinion and objective theory, allowing readers to benefit from unbiased commentary. Readers can expect coverage on frequently traded stocks, REITs, fixed-income funds, CEFs, and ETFs.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/07/3-vertical-farming-stocks-growing-profits-indoors/">3 Vertical Farming Stocks Growing Profits Indoors</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

3 Vertical Farming Stocks Growing Profits Indoors

urban-gro (UGRO) has provided an announcement. The Company has announced plans to restate its financial documents for the end of the year and inter...

urban-gro Announces Restatement of Financials, Warns Investors

urban-gro expects Q2 revenue of $17.5M

Anthony Vendetti, an analyst from Maxim Group, maintained the Buy rating on urban-gro (UGRO – Research Report). The associated price target was rai...

Buy Rating Maintained for urban-gro Amid Re-audit, Backed by Strong Backlog and Favorable Market Prospects

Urban-gro receives Nasdaq notification of non-compliance

urban-gro (UGRO) has issued an update. Urban-gro, Inc. has been notified by Nasdaq for non-compliance due to a delay in filing their quarterly fina...

Urban-gro Receives Nasdaq Notice, Addresses Financial Report Errors

AGFY

AVAV

BARK

PRCH

RCAT

SNAP

VISL

Press Releases

urban-gro, Inc. Secures Design-Build Contract Valued at Approximately $20 Million

urban-gro, Inc. to Report Fourth Quarter and Full Year 2023 Financial Results on March 27, 2024

urban-gro, Inc. Reports 2023 Financial Results and Provides Outlook on 2024 Performance

urban-gro, Inc. to Report First Quarter 2024 Financial Results on April 30, 2024

urban-gro, Inc. Reports First Quarter 2024 Financial Results and Reaffirms Full Year 2024 Guidance

urban-gro, Inc. Announces the Appointment of Sadler, Gibb & Associates LLC as Audit Firm

urban-gro Signs Approximately $12M in New Cannabis Sector Contracts in the Second Quarter

urban-gro, Inc. Announces Delayed 10-Q Filing and Restatement of Previously Issued Financial Statements Tied to Incorrect Accounting of Deferred Tax Liabilities Associated with Historical Acquisitions

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Urban-gro (UGRO) Forecast

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