Addvantage Technologies Stock (OTC: AEYGQ)

Latest news for Addvantage Technologies (OTC:AEYGQ) Stock

Addvantage Technologies Group Inc is a communications infrastructure services and equipment provider operating a diversified group of companies through its Wireless Infrastructure Services and Telecommunications segments. Its Wireless Infrastructure Services segment provides turn-key wireless services including the installation, modification and upgrading of equipment on communication towers and small cell sites for wireless carriers, national integrators, tower owners and major equipment manufacturers. Its Telecommunications segment sell equipment used to acquire, distribute, and protect the communications signals. The Telecommunications segment generates maximum revenue for the company.

ADDVANTAGE TECHS GRP INC by ADDvantage Technologies Group, Inc.

Addvantage Technologies Group Inc

News

QCOM

Qualcomm CEO Says PC-Chip Sales Exceeding Expectations

RBC Capital analyst Steven Shemesh maintains Valvoline (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VVV#NYSE">VVV</a>) with a Outperform and lowers the price target from $52 to $46.

Price Target

Analyst Ratings

RBC Capital Maintains Outperform on Valvoline, Lowers Price Target to $46

<a href="https://www.bnnbloomberg.ca/business/international/2024/11/20/jj-merck-cut-jobs-in-china-as-local-competition-takes-toll/#:~:text=Both%20US%20drug%20giants%20have,diabetes%20unit%2C%20the%20people%20said.">https://www.bnnbloomberg.ca/business/international/2024/11/20/jj-merck-cut-jobs-in-china-as-local-competition-takes-toll/#:~:text=Both%20US%20drug%20giants%20have,diabetes%20unit%2C%20the%20people%20said.</a>
Johnson &amp; Johnson and Merck &amp; Co. are cutting jobs in China, as they face growing competition from domestic rivals resulting from Beijing's campaign to drive down medical costs.
Both US drug giants have laid off employees in China in recent days, according to people familiar with the matter who asked not to be identified discussing internal matters. The J&amp;J cuts mainly impacted a division that sells products used in surgery, while Merck scaled back in its diabetes unit, the people said.&nbsp;
Chinese media outlets, which were first to report the redundancies, cited the J&amp;J layoffs to be as much as a fifth of its mainland workforce. J&amp;J employs nearly 10,000 people across some 90 cities in China, according to its website.&nbsp;
J&amp;J "has recently implemented organizational changes to optimise our business operations" in the country, a company spokesperson told Bloomberg in an email. J&amp;J remains committed to the "critical and growing" China market, the spokesperson added.&nbsp;
Merck didn't immediately reply to a request for comment outside regular business hours.&nbsp;
Multinational drug and medical device makers are grappling with narrower profit margins in China, largely due to the country's system of having companies bid to supply drugs and devices to public hospitals — known as volume-based procurement (VBP). The program has seen global pharmaceutical companies lose hospital contracts for their top off-patent drugs and devices to cheaper local suppliers, essentially putting their sales team out of work in those categories.
The layoffs add to turmoil in the pharmaceutical market in China. Once seen as a big market opportunity for global drugmakers to expand, they've come under regulatory pressure on multiple fronts. AstraZeneca, which has seen China revenue growth slow due in part to losing hospital contracts for its off-patent medicines, is facing a criminal investigation into allegedly illegal sales practices which has ensnared its China chief.&nbsp;
In a recent earnings call, J&amp;J executives acknowledged a "disproportionate impact from VBP" thanks to its being the largest medtech company in China. The layoffs are the first major round of redundancies affecting the company's surgery division, a person familiar with the matter said, though layoffs in other departments have been ongoing for some time.&nbsp;
Meanwhile, Merck is set to face off against local suppliers for generic versions of two major diabetes drugs – Januvia and Janumet – in the latest round of VBP tender submissions.&nbsp;

Management

Reported Earlier, "J&J, Merck Cut Jobs in China As Local Competition Takes Toll" - BNN Bloomberg

RBC Capital analyst Steven Shemesh maintains Walmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) with a Outperform and raises the price target from $92 to $96.

RBC Capital Maintains Outperform on Walmart, Raises Price Target to $96

Susquehanna analyst Christopher Rolland maintains Qualcomm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) with a Positive and lowers the price target from $230 to $210.

Susquehanna Maintains Positive on Qualcomm, Lowers Price Target to $210

<a href="https://news.bloomberglaw.com/antitrust/cvs-cigna-unitedhealth-sue-to-block-ftc-case-on-insulin-costs">https://news.bloomberglaw.com/antitrust/cvs-cigna-unitedhealth-sue-to-block-ftc-case-on-insulin-costs</a>
&nbsp;

Legal

Reported November 19, 2024 "CVS, Cigna, UnitedHealth Sue To Nix FTC Case On Insulin Cost" - Bloomberg Law

Global-E Online Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLBE#NASDAQ">GLBE</a>) shares are trading higher after the company reported third-quarter&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/g42084644/global-e-reports-third-quarter-2024-results" rel="noreferrer noopener">results and raised its FY24 outlook</a>.
Sales grew&nbsp;32%&nbsp;year over year to&nbsp;$176&nbsp;million, beating the analyst consensus estimate of&nbsp;$169.16 million.
Gross Merchandise Value (GMV) rose&nbsp;35%&nbsp;Y/Y to&nbsp;$1.13&nbsp;billion in the quarter. The company reported $82.6&nbsp;million in service fees and $93.4&nbsp;million in fulfillment services revenue&nbsp;in the quarter.
Non-GAAP gross profit increased&nbsp;to&nbsp;$82.3&nbsp;million (+39% Y/Y), and non-GAAP gross margin expanded 240&nbsp;basis points Y/Y to 46.8%.
Adjusted EBITDA rose to $31.1&nbsp;million from $22.1&nbsp;million a year ago. The company&#8217;s operating loss narrowed to&nbsp;$21.0 million from $35.6 million.
Loss per share was&nbsp;$0.13,&nbsp;<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">beating the consensus loss of&nbsp;$0.15.</a>
Outlook: For the fourth quarter, Global-e Online projects GMV of $1.615 billion – $1.685 billion and revenue of $243 million and <a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">$255 million vs. $246.27 million estimate</a>.
The company raised its FY24 revenue guidance to $732.9 million &nbsp;&#8211;&nbsp;$744.9 million (from $710 million – $750 million), vs. the consensus <a target="_blank" href="https://www.benzinga.com/news/earnings/24/08/40368862/why-is-marketing-solutions-provider-global-e-onlines-stock-diving-today" rel="noreferrer noopener">of $730.72 million</a>.
Founder and CEO Amir Schlachet said, &#8220;We report today the results of another very strong quarter, with growth of GMV accelerating to 35% year over year and many new merchants going live ahead of the holiday season, including the iconic luxury department store Harrods.&#8221;
&#8220;Given the successful merchant launches in the recent months, combined with our new bookings for this year which are at an all-time high, we believe that this strong growth momentum will continue.&#8221;
Investors can gain exposure to the stock via&nbsp;Amplify ETF Trust Amplify BlueStar Israel Technology ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITEQ#NYSE">ITEQ</a>) and The Alger ETF Trust Alger AI Enablers &amp; Adopters ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALAI#NYSE">ALAI</a>).
Price Action: GLBE shares are&nbsp;up 12.9% at $48.28 at the last check Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/42088621" target="_blank" rel="noreferrer noopener">TJX Companies Q3 Earnings: Revenue And EPS Beat, Comp Sales Growth, Dim Q4 Profit Outlook</a></li>
</ul>

Earnings

Equities

Large Cap

Guidance

Movers

The Alger ETF Trust Alger AI Enablers & Adopters ETF

ALAI

GLBE

ITEQ

Global-E Soars: Q3 Sales Surge 32%, FY24 Outlook Raised Amid GMV Boom

<a href="https://www.cmegroup.com/education/events/econoday/2024/11/feed635421.html" title="https://www.cmegroup.com/education/events/econoday/2024/11/feed635421.html">https://www.cmegroup.com/education/events/econoday/2024/11/feed635421.html</a>

Federal Reserve

Fed's Cook Says Job Risks Weighted To The Downside, But Have Diminished In Recent Months; Slowing Wage Growth Increases Confidence In Continued Disinflation; Job Market Overall Remains Solid; Recent Weak Growth A Result Of Temporary Strike, Storm Effects; Labor Market Largely Normalized, No Longer A Source Of Inflation; Continued Growth With Slowing Inflation Could Mean Underlying Potential Is Greater Than Thought; Faster Productivity Growth Appears To Have Supported Both Potential And Actual Growth

Snowflake Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) will report third-quarter earnings on Wednesday. Wall Street expects 15 cents in earnings per share and $896.99 million in revenues as the company reports<a href="https://www.benzinga.com/calendars/earnings?tickers=SNOW" target="_blank" rel="noreferrer noopener"> after market hours</a>.
The stock is down 22.48% over the past year, 31.66% year to date.
Let&#8217;s look at what the charts indicate for Snowflake stock and how the stock currently maps against Wall Street estimates.
Read Also: <a href="https://www.benzinga.com/media/24/11/41941228/att-data-breach-exposes-50-billion-records-hackers-identified-ransom-paid">AT&amp;T Data Breach Exposes 50 Billion Records: Hackers Identified, Ransom Paid</a>
<h2 class="wp-block-heading">Snowflake Technical Setup Ahead Of Q3 Earnings&nbsp;</h2>
Snowflake stock is currently in a strongly bullish trend.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="628" height="490" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/20100831/Screenshot-2024-11-20-at-8.35.34-PM.png" alt="" class="wp-image-657079" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/20100831/Screenshot-2024-11-20-at-8.35.34-PM.png 628w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/20100831/Screenshot-2024-11-20-at-8.35.34-PM-300x234.png 300w" sizes="(max-width: 628px) 100vw, 628px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112024&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Chart created using Benzinga Pro</a>
Snowflake stock is currently trading above its five, 20 and 50-day exponential moving averages, signaling buying pressure and potential for continued upward movement.
The stock price also sits above its eight-day simple moving average (SMA) of $127.70, 20-day SMA of $121.68 and 50-day SMA of $117.83, all reinforcing bullish momentum. 
However, the stock is trading below its 200-day SMA of $142.36, presenting a bearish signal in the long term. 
The Moving Average Convergence Divergence (MACD) indicator of 3.26 further supports the bullish outlook. Additionally, the Relative Strength Index (RSI) of 61.61 indicates that SNOW is nearing overbought territory but still has room for upward movement.
<h2 class="wp-block-heading">Snowflake Analysts See 32% Upside</h2>
Ratings &amp; Consensus Estimates:<a href="https://www.benzinga.com/quote/NFLX/analyst-ratings"> The consensus analyst rating</a> on Snowflake stock stands at a Buy currently with a price target of $171.97. Recent analyst ratings from Rosenblatt, Citigroup and Keybanc set a $171 price target for Snowflake stock, implying 31.77% upside.
SNOW Price Action: Snowflake stock was trading around $129.76 a share, down 0.37%, at the time of publication.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42072808/snowflake-one-of-the-most-compelling-stories-in-software-ahead-of-earnings-analyst">Snowflake &#8216;One Of The Most Compelling Stories In Software&#8217; Ahead Of Earnings: Analyst</a></li>
</ul>

Technicals

Previews

Tech

Trading Ideas

SNOW

Snowflake Q3 Earnings: Will Bullish Charts, Analyst Optimism Offset The 32% YTD Decline?

NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) is set to capture the attention of investors around the world when it reports third-quarter financial results after the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42068962/nvidia-q3-earnings-preview-analysts-expect-beat-n-raise-on-continued-data-center-strength">market closes on Wednesday.</a>
Here's a look at how Benzinga readers feel ahead of the highly anticipated report.
What Happened: Nvidia may have been<a href="https://www.benzinga.com/general/social-media/24/03/37879478/humble-beginnings-like-nvidia-reddit-was-founded-inside-a-restaurant"> founded in a Denny's restaurant</a> with humble beginnings. Today, the company is the most valuable in the world, worth $3.61 trillion.
Benzinga readers think the stock could be heading higher if third-quarter earnings are strong.
Analysts expect the technology giant to report third-quarter revenue of $33.12 billion on Wednesday, Nov. 20&nbsp;<a href="https://www.benzinga.com/earnings" target="_blank" rel="noreferrer noopener">after market close.</a>
That's up from $18.12 billion in last year&#8217;s third quarter, according to data<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112024&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">&nbsp;from Benzinga Pro.</a>
The company has beaten analyst estimates for revenue in eight straight quarters and nine of the last 10 quarters overall.
Analysts expect third-quarter earnings per share of 75 cents. That's up from 40 cents per share in last year&#8217;s third quarter. The company beat analyst estimates for earnings per share in seven straight quarters and eight of the last 10 quarters.
<a href="https://www.benzinga.com/news/earnings/24/08/40613050/nvidia-q2-earnings-guidance-top-street-view-as-ai-fuels-record-data-center-revenue-gross-margin-fal" target="_blank" rel="noreferrer noopener">Guidance from the company</a>&nbsp;calls for third-quarter revenue to be $32.5 billion plus or minus 2%.
"What's your boldest prediction for Nvidia's earnings report on Wednesday?" Benzinga asked readers.
The results were:
<ul>
<li>Meets expectations: 45%</li>
<li>Blowout Beat: 42%</li>
<li>Misses expectations: 13%</li>
</ul>
The majority of Benzinga readers expect the company to meet or beat the estimates from analysts. While more readers expect the company to meet estimates, 42% believe the company will beat estimates Wednesday.
On X, Benzinga <a href="https://x.com/Benzinga/status/1858533756950163533">polled </a>followers with a similar question.
"Will $NVDA beat or miss earnings?" Benzinga asked.
The results were:
<ul>
<li>Beat: 73.8%</li>
<li>Miss: 26.2%</li>
</ul>
A larger majority of Benzinga followers on X expect the company to beat estimates, with the caveat that there was no option for meet and it was strictly guessing a beat or a miss.
Are you buying when the CEOs of the Magnificent 7 are selling?
<ul>
<li>Stay in the know with our Insider Trades page — <a href="https://www.benzinga.com/sec/insider-trades/">see when leaders like Mark Zuckerberg, Elon Musk, and Jensen Huang are offloading their own shares.</a></li>
</ul>
What's Next: With the chance of an earnings beat, Benzinga also asked about their expectations for the stock if Nvidia blows out earnings estimates.
"If Nvidia shatters expectations, how high could its stock go by the end of 2024?" Benzinga asked.
The results were:
<ul>
<li>$150 to $180: 55%</li>
<li>$180 to $200: 26%</li>
<li>Above $200: 18%</li>
</ul>
Nvidia shares closed at $147.01 on Tuesday and have traded between $45.01 and $149.76. They are up over 200% year-to-date.
Benzinga readers see the stock hitting new all-time highs if third-quarter results come in ahead of analyst estimates.
If the stock goes higher, Nvidia CEO Jensen Huang would continue to benefit as one of the key shareholders of the stock. Huang's <a href="https://www.benzinga.com/general/education/24/10/41355157/jensen-huang-inches-closer-to-top-10-richest-people-in-the-world-heres-how-much-more-he-needs-h">wealth has soared</a> to $128 billion in 2024, ranking 11th in the world according to <a href="https://www.bloomberg.com/billionaires/">Bloomberg</a>.
Huang has added $84.3 billion to his wealth and is around $17 billion away from cracking the top 10 richest people in the world milestone. If shares continue to trade higher to the end of the year, this milestone could be within reach.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/social-media/24/11/41912771/trump-presidency-magnificent-7-stock-impact-benzinga-readers-pick-tech-titan-at-most-risk-following-2024-election">Trump Presidency Magnificent 7 Stock Impact: Benzinga Readers Pick Tech Titan At Most Risk Following 2024 Election</a></li>
</ul>
The study was conducted by Benzinga from Nov. 19 through Nov. 20, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 146 adults.
Photo: Shutterstock

Exclusives

NVDA

Will Nvidia Deliver A 'Blowout Beat' In Q3? Poll Says Maybe Not, But Over Half See Stock Clearing $150

UBS analyst Douglas Harter downgrades Finance of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOA#NYSE">FOA</a>) from Buy to Neutral and raises the price target from $14 to $24.

Downgrades

UBS Downgrades Finance of America to Neutral, Raises Price Target to $24

Hovde Group analyst David Bishop initiates coverage on Chain Bridge Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBNA#NYSE">CBNA</a>) with a Market Perform rating and announces Price Target of $26.

Initiation

CBNA

Hovde Group Initiates Coverage On Chain Bridge Bancorp with Market Perform Rating, Announces Price Target of $26

Fed's Cook: Magnitude And Timing Of Rate Cuts Will Depend On Coming Data, Outlook, Balance Of Risks; Policy Not Preset; Risks Right Now Are Roughly In Balance; Economy Is In A Good Position, Though Core Inflation Still Somewhat Elevated; Elevated Core Inflation Suggests Fed Still Has Further To Go; Housing Services Account For Most Of The Excess Of Core Inflation; Economic Growth Robust, Expect Expansion Will Continue

<a href="https://www.cmegroup.com/education/events/econoday/2024/11/feed635421.html" title="https://www.cmegroup.com/education/events/econoday/2024/11/feed635421.html">https://www.cmegroup.com/education/events/econoday/2024/11/feed635421.html</a>
&nbsp;
&nbsp;
&nbsp;

Fed's Cook Says If Labor Market And Inflation Evolve As Expected, Would Be Appropriate To Continue Lowering Policy Rate Towards Neutral; If Inflation Progress Slows With Job Market Still Solid, Could See A Scenario For Pausing; Totality Of Data Suggests Disinflation Still Underway With Labor Market Gradually Cooling; Cuts So Far Were A Strong Step Toward Removing Policy Restriction

Citigroup analyst Paul Lejuez downgrades Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) from Buy to Neutral and lowers the price target from $188 to $130.

Citigroup Downgrades Target to Neutral, Lowers Price Target to $130

UGI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGI#NYSE">UGI</a>) is gearing up to announce its quarterly earnings on Thursday, 2024-11-21. Here's a quick overview of what investors should know before the release.
Analysts are estimating that UGI will report an earnings per share (EPS) of $-0.29.
Investors in UGI are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Historical Earnings Performance</h3>
During the last quarter, the company reported an EPS beat by $0.12, leading to a 3.86% drop in the share price on the subsequent day.
Here's a look at UGI's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.06</td>
<td>1.64</td>
<td>1.05</td>
<td>-0.06</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.06</td>
<td>1.97</td>
<td>1.20</td>
<td>0.03</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-4.0%</td>
<td>-6.0%</td>
<td>13.0%</td>
<td>4.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1732118542_0.png" alt="eps graph" />
<h3>Performance of UGI Shares</h3>
Shares of UGI were trading at $24.37 as of November 19. Over the last 52-week period, shares are up 10.62%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Insights on UGI</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on UGI.
A total of 1 analyst ratings have been received for UGI, with the consensus rating being Neutral. The average one-year price target stands at $27.0, suggesting a potential 10.79% upside.
<h3>Analyzing Ratings Among Peers</h3>
In this comparison, we explore the analyst ratings and average 1-year price targets of New Jersey Resources, National Fuel Gas and Southwest Gas Hldgs, three prominent industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>New Jersey Resources received a Neutral consensus from analysts, with an average 1-year price target of $49.0, implying a potential 101.07% upside.</li>
<li>The prevailing sentiment among analysts is an Neutral trajectory for National Fuel Gas, with an average 1-year price target of $63.0, implying a potential 158.51% upside.</li>
<li>Southwest Gas Hldgs is maintaining an Neutral status according to analysts, with an average 1-year price target of $78.0, indicating a potential 220.07% upside.</li>
</ul>
<h3>Overview of Peer Analysis</h3>
In the peer analysis summary, key metrics for New Jersey Resources, National Fuel Gas and Southwest Gas Hldgs are highlighted, providing an understanding of their respective standings within the industry and offering insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>UGI</td>
<td>Neutral</td>
<td>-16.82%</td>
<td>$741M</td>
<td>-1.03%</td>
</tr>
<tr>
<td>New Jersey Resources</td>
<td>Neutral</td>
<td>4.38%</td>
<td>$55.19M</td>
<td>-0.54%</td>
</tr>
<tr>
<td>National Fuel Gas</td>
<td>Neutral</td>
<td>-10.87%</td>
<td>$170.46M</td>
<td>-5.62%</td>
</tr>
<tr>
<td>Southwest Gas Hldgs</td>
<td>Neutral</td>
<td>-7.72%</td>
<td>$191.13M</td>
<td>0.01%</td>
</tr>
</tbody>
</table>

Key Takeaway:
UGI is positioned in the middle among its peers for revenue growth, with a negative growth rate. It ranks at the bottom for gross profit, indicating lower profitability compared to others. In terms of return on equity, UGI is also at the bottom, showing a negative percentage. Overall, UGI's performance is relatively weaker compared to its peers in these key financial metrics.
<h3>About UGI</h3>
UGI Corp is an American holding company that, through its subsidiaries, is involved in the transport and marketing of energy and related services. Its segments include AmeriGas Propane, UGI International, Midstream &amp; Marketing and UGI Utilities. The AmeriGas Propane segment consists of the propane distribution business. The UGI International segment consists of LPG distribution businesses. The Midstream &amp; Marketing segment consists of energy-related businesses. The UGI Utilities segment consists of the regulated natural gas and electric distribution. The company derives a majority of its revenue from the UGI International segment.
<h3>Unraveling the Financial Story of UGI</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: UGI's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -16.82%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Utilities sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -3.48%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): UGI's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -1.03%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): UGI's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -0.31%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: UGI's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.48, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<a href="https://www.benzinga.com/quote/UGI/earnings">To track all earnings releases for UGI visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For UGI

Matthews International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MATW#NASDAQ">MATW</a>) will release its quarterly earnings report on Thursday, 2024-11-21. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Matthews International to report an earnings per share (EPS) of $0.38.
Anticipation surrounds Matthews International's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Earnings Track Record</h3>
The company's EPS beat by $0.01 in the last quarter, leading to a 4.99% drop in the share price on the following day.
Here's a look at Matthews International's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.55</td>
<td>0.45</td>
<td>0.37</td>
<td>0.90</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.56</td>
<td>0.69</td>
<td>0.37</td>
<td>0.96</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-5.0%</td>
<td>5.0%</td>
<td>-8.0%</td>
<td>-4.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1732118529_0.png" alt="eps graph" />
<h3>Matthews International Share Price Analysis</h3>
Shares of Matthews International were trading at $23.9 as of November 19. Over the last 52-week period, shares are down 30.44%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<h3>Insights Shared by Analysts on Matthews International</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Matthews International.
Matthews International has received a total of 1 ratings from analysts, with the consensus rating as Buy. With an average one-year price target of $40.0, the consensus suggests a potential 67.36% upside.
<h3>Peer Ratings Overview</h3>
This comparison focuses on the analyst ratings and average 1-year price targets of Liquidity Services, Healthcare Services Group and Viad, three major players in the industry, shedding light on their relative performance expectations and market positioning.
<ul>
<li>For Liquidity Services, analysts project an Outperform trajectory, with an average 1-year price target of $27.0, indicating a potential 12.97% upside.</li>
<li>Healthcare Services Group received a Buy consensus from analysts, with an average 1-year price target of $14.5, implying a potential 39.33% downside.</li>
<li>As per analysts' assessments, Viad is favoring an Outperform trajectory, with an average 1-year price target of $47.5, suggesting a potential 98.74% upside.</li>
</ul>
<h3>Comprehensive Peer Analysis Summary</h3>
The peer analysis summary outlines pivotal metrics for Liquidity Services, Healthcare Services Group and Viad, demonstrating their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Matthews International</td>
<td>Buy</td>
<td>-9.34%</td>
<td>$131.84M</td>
<td>0.35%</td>
</tr>
<tr>
<td>Liquidity Services</td>
<td>Outperform</td>
<td>15.90%</td>
<td>$49.40M</td>
<td>3.57%</td>
</tr>
<tr>
<td>Healthcare Services Group</td>
<td>Buy</td>
<td>4.07%</td>
<td>$63.42M</td>
<td>2.92%</td>
</tr>
<tr>
<td>Viad</td>
<td>Outperform</td>
<td>24.54%</td>
<td>$92.55M</td>
<td>51.43%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Matthews International ranks at the bottom for Revenue Growth among its peers. It also ranks at the bottom for Gross Profit. However, it ranks in the middle for Return on Equity.
<h3>Delving into Matthews International's Background</h3>
Matthews International Corp is a personal services company that primarily provides brand solution services, memorialization products, and industrial products in the United States and Europe. The majority of Matthews' revenue is derived from its SGK Brand Solutions business, which provides brand development services, printing equipment, creative design services, and embossing tools to the consumer packaged goods and packaging industries. The company's Memorialization segment, which sells bronze and granite memorials, caskets, and cremation equipment to the cemetery and funeral home industries, also contributes a significant amount. Most of Matthews' revenue is generated from sales made in the U.S., while European customers also contribute a sizable percentage.
<h3>Financial Insights: Matthews International</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Challenges: Matthews International's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -9.34%. This indicates a decrease in top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 0.42%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Matthews International's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 0.35%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Matthews International's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.09%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Matthews International's debt-to-equity ratio surpasses industry norms, standing at 1.78. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<a href="https://www.benzinga.com/quote/MATW/earnings">To track all earnings releases for Matthews International visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

MATW

A Glimpse of Matthews International's Earnings Potential

Ross Stores (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROST#NASDAQ">ROST</a>) is set to give its latest quarterly earnings report on Thursday, 2024-11-21. Here's what investors need to know before the announcement.
Analysts estimate that Ross Stores will report an earnings per share (EPS) of $1.40. 
The announcement from Ross Stores is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Past Earnings Performance</h3>
The company's EPS beat by $0.09 in the last quarter, leading to a 1.76% increase in the share price on the following day.
Here's a look at Ross Stores's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.50</td>
<td>1.34</td>
<td>1.63</td>
<td>1.21</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.59</td>
<td>1.46</td>
<td>1.82</td>
<td>1.33</td>
</tr>
<tr>
<td>Price Change %</td>
<td>2.0%</td>
<td>8.0%</td>
<td>-1.0%</td>
<td>7.000000000000001%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1732118521_0.png" alt="eps graph" />
<h3>Performance of Ross Stores Shares</h3>
Shares of Ross Stores were trading at $139.26 as of November 19. Over the last 52-week period, shares are up 5.61%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Analyst Insights on Ross Stores</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Ross Stores.
Ross Stores has received a total of 14 ratings from analysts, with the consensus rating as Neutral. With an average one-year price target of $174.93, the consensus suggests a potential 25.61% upside.
<h3>Peer Ratings Comparison</h3>
The following analysis focuses on the analyst ratings and average 1-year price targets of Burlington Stores, Gap and Abercrombie &amp; Fitch, three prominent industry players, providing insights into their relative performance expectations and market positioning.
<ul>
<li>Burlington Stores received a Outperform consensus from analysts, with an average 1-year price target of $309.85, implying a potential 122.5% upside.</li>
<li>Gap received a Neutral consensus from analysts, with an average 1-year price target of $27.17, implying a potential 80.49% downside.</li>
<li>As per analysts' assessments, Abercrombie &amp; Fitch is favoring an Neutral trajectory, with an average 1-year price target of $185.62, suggesting a potential 33.29% upside.</li>
</ul>
<h3>Comprehensive Peer Analysis Summary</h3>
In the peer analysis summary, key metrics for Burlington Stores, Gap and Abercrombie &amp; Fitch are highlighted, providing an understanding of their respective standings within the industry and offering insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ross Stores</td>
<td>Neutral</td>
<td>7.15%</td>
<td>$1.50B</td>
<td>10.46%</td>
</tr>
<tr>
<td>Burlington Stores</td>
<td>Outperform</td>
<td>13.37%</td>
<td>$1.06B</td>
<td>7.02%</td>
</tr>
<tr>
<td>Gap</td>
<td>Neutral</td>
<td>4.85%</td>
<td>$1.58B</td>
<td>7.35%</td>
</tr>
<tr>
<td>Abercrombie &amp; Fitch</td>
<td>Neutral</td>
<td>21.24%</td>
<td>$736.26M</td>
<td>11.65%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Ross Stores ranks in the middle for Consensus rating among its peers. It ranks at the bottom for Revenue Growth. It is at the top for Gross Profit. It is in the middle for Return on Equity.
<h3>About Ross Stores</h3>
Ross Stores operates as an off-price apparel and accessories retailer with the majority of its sales derived from its Ross Dress for Less banner. The firm opportunistically procures excess brand-name merchandise made available via manufacturing overruns and retail liquidation sales at a 20%-60% discount to full prices. As such, its stores are often filled with a vast array of stock-keeping units, each with minimal product depth that creates a treasure hunt shopping experience. The firm's more than 1,750 Ross Dress for Less stores are primarily located in densely populated suburban communities and typically serve middle-income consumers. Ross also operates about 350 DD's Discounts chains targeting lower-income shoppers.
<h3>Key Indicators: Ross Stores's Financial Health</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: Ross Stores displayed positive results in 3 months. As of 31 July, 2024, the company achieved a solid revenue growth rate of approximately 7.15%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Ross Stores's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 9.97% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Ross Stores's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 10.46% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Ross Stores's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.61% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Ross Stores's debt-to-equity ratio is below the industry average. With a ratio of 1.14, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<a href="https://www.benzinga.com/quote/ROST/earnings">To track all earnings releases for Ross Stores visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ROST

A Look Ahead: Ross Stores's Earnings Forecast

Nano X Imaging (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNOX#NASDAQ">NNOX</a>) is set to give its latest quarterly earnings report on Thursday, 2024-11-21. Here's what investors need to know before the announcement.
Analysts estimate that Nano X Imaging will report an earnings per share (EPS) of $-0.15. 
The announcement from Nano X Imaging is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Overview of Past Earnings</h3>
Last quarter the company beat EPS by $0.08, which was followed by a 7.29% increase in the share price the next day.
Here's a look at Nano X Imaging's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.22</td>
<td>-0.26</td>
<td>-0.30</td>
<td>-0.30</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.14</td>
<td>-0.14</td>
<td>-0.18</td>
<td>-0.16</td>
</tr>
<tr>
<td>Price Change %</td>
<td>7.000000000000001%</td>
<td>-1.0%</td>
<td>-4.0%</td>
<td>4.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1732118512_0.png" alt="eps graph" />
<h3>Market Performance of Nano X Imaging's Stock</h3>
Shares of Nano X Imaging were trading at $5.69 as of November 19. Over the last 52-week period, shares are down 12.08%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<a href="https://www.benzinga.com/quote/NNOX/earnings">To track all earnings releases for Nano X Imaging visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

NNOX

Preview: Nano X Imaging's Earnings

Whales with a lot of money to spend have taken a noticeably bullish stance on Root.
Looking at options history for Root (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROOT#NASDAQ">ROOT</a>) we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 22% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $300,011 and 3, calls, for a total amount of $948,496.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $70.0 and $130.0 for Root, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Root's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Root's substantial trades, within a strike price spectrum from $70.0 to $130.0 over the preceding 30 days.
<h3>Root Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732118497_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ROOT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$17.4</td>
<td>$15.2</td>
<td>$17.4</td>
<td>$105.00</td>
<td>$595.9K</td>
<td align="right">441</td>
<td align="right">46</td>
</tr>
<tr>
<td>ROOT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$36.7</td>
<td>$33.8</td>
<td>$35.25</td>
<td>$70.00</td>
<td>$176.2K</td>
<td align="right">767</td>
<td align="right">100</td>
</tr>
<tr>
<td>ROOT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$35.2</td>
<td>$33.8</td>
<td>$35.25</td>
<td>$70.00</td>
<td>$176.2K</td>
<td align="right">767</td>
<td align="right">50</td>
</tr>
<tr>
<td>ROOT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$54.5</td>
<td>$51.6</td>
<td>$53.5</td>
<td>$125.00</td>
<td>$96.3K</td>
<td align="right">0</td>
<td align="right">18</td>
</tr>
<tr>
<td>ROOT</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$28.9</td>
<td>$26.6</td>
<td>$27.66</td>
<td>$110.00</td>
<td>$55.3K</td>
<td align="right">8</td>
<td align="right">35</td>
</tr>
</tbody>
</table>

<h3>About Root</h3>
Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. The company is a direct-to-consumer personal auto insurance, renters insurance and mobile technology company. It generates revenue from the sale of auto insurance policies within the United States.
Following our analysis of the options activities associated with Root, we pivot to a closer look at the company's own performance.
<h3>Root's Current Market Status</h3>
<ul>
<li>With a volume of 291,436, the price of ROOT is up 7.4% at $108.55. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 91 days.</li>
</ul>
<h3>Expert Opinions on Root</h3>
In the last month, 3 experts released ratings on this stock with an average target price of $78.33333333333333.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Keefe, Bruyette &amp; Woods downgraded its action to Outperform with a price target of $90. 
&#x2A; Maintaining their stance, an analyst from UBS continues to hold a Neutral rating for Root, targeting a price of $67. 
&#x2A; Consistent in their evaluation, an analyst from Wells Fargo keeps a Equal-Weight rating on Root with a target price of $78. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Root with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Comments

Addvantage Technologies

News

Latest news for Addvantage Technologies (OTC:AEYGQ) Stock

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga