Latest news for Alithya Group (OTC:ALYAF) Stock

Alithya Group Inc is a Company involved in Strategy and digital transformation, with professionals in Canada, United States and Europe. Its integrated offering is laid out as follows: Strategy, custom solutions, Microsoft solutions, and Oracle solutions. Clients entrust the company with their strategic projects across Banking, Investment and Insurance, Energy, Manufacturing, Retail and Distribution, Telecommunications, Transportation, Professional Services, Healthcare, and Government sectors. Geographically, it derives a majority of its revenue from Canada. The company's services include digital transformation, enterprise technology, solution development, project management, infrastructure management, and others.

Alithya Group Inc

Tales of overnight millionaires are not uncommon in the world of tech startups, where companies are often acquired. But Jay Chaudhry and his first company, SecureIT, stand out as he wasn't the only one to walk away a millionaire.&nbsp;
Don't Miss:
<ul>
<li>Here&#8217;s the AI-powered startup that turns traders into influencers achieving 12% monthly growth –<a href="https://www.benzinga.com/money/xtrades"> invest in it at only 10 cents per share.</a></li>
<li>Don&#8217;t miss out on the next Nvidia &#8211;<a href="https://www.benzinga.com/money/fundrise-innovation-fund"> you can invest in the future of AI for only $10.</a></li>
<li>America's construction sites are desperate for Robots —<a href="https://www.benzinga.com/money/apis-cor"> here&#8217;s how to invest in a house-printing startup who&#8217;s making them and be a part of a $16 trillion industry</a>.</li>
</ul>
Chaudhry, now 65 and the billionaire CEO of cloud cybersecurity giant Zscaler, recalled the moment in 1998 when he sold SecureIT to VeriSign for $70 million in an all-stock deal. It wasn&#8217;t his personal windfall that excited him most, though.
&#8220;People were going crazy in the company, because they had never thought of so much money,&#8221; Chaudhry told CNBC&#8217;s Make It series. &#8220;A lot of them were buying new houses. They were buying new cars. I know one guy, he took six months off, rented a [mobile home], and went around the country. They could do what they wanted to do.&#8221;
See Also: <a href="https://www.benzinga.com/money/fundrise-innovation-fund">When today&#8217;s AI startups go public, most of the rapid growth will be behind them — here&#8217;s how not to get left out.</a>
The key was Chaudhry&#8217;s decision to bootstrap SecureIT, using $500,000 of his and his wife Jyoti&#8217;s life savings rather than seeking venture capital. This approach allowed him to distribute more equity to his employees, a decision that would prove life-changing for many.
As VeriSign&#8217;s stock price soared in the following years, climbing more than 2,300% by February 2000, the impact of Chaudhry&#8217;s equity distribution became clear. Of SecureIT&#8217;s 80 employees, more than 70 became paper millionaires.
The <a href="https://www.benzinga.com/general/education/22/04/20620430/this-day-in-market-history-nasdaq-drops-9-6-in-dot-com-bubble-sell-off-1">tech </a>bubble burst later that year, and VeriSign&#8217;s stock lost 75% of its value, but many employees who held onto their shares likely saw great returns in the long run. As recently as January 2021, VeriSign&#8217;s stock closed at $254 per share.
<hr class="wp-block-separator has-alpha-channel-opacity" />
Trending: Unlock the hidden potential of commercial real estate —<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!</a>
<hr class="wp-block-separator has-alpha-channel-opacity" />
CNBC noted that Chaudhry&#8217;s story echoes that of Mark Cuban, who <a href="https://www.benzinga.com/personal-finance/24/06/39447720/from-business-sale-to-retirement-wealth-how-mark-cuban-turned-91-of-his-employees-into-millionai">famously turned hundreds of Broadcast.com employees into millionaires</a> after selling the company to Yahoo for $5.7 billion in 1999. Cuban has continued the practice with subsequent company sales.
For Chaudhry, the realization of his impact came gradually. &#8220;I went home that night and looked at the spreadsheet of all the [stock] options they had, and I multiplied by the stock price of VeriSign. That&#8217;s when I realized that the math was about 70 or 80 millionaires with stock options,&#8221; he said. &#8220;It was impressive.&#8221;
See Also: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends<a href="https://www.benzinga.com/money/arrived-private-credit-fund"> would you invest in it</a>?
Chaudhry&#8217;s story points to the potential benefits of bootstrapping for both founders and employees. By not chasing venture capital, Chaudhry maintained greater control over his company&#8217;s equity and could reward the employees who, in his words, &#8220;make the difference.&#8221;
As the tech industry continues to grapple with issues of wealth inequality and employee compensation, stories like Chaudhry&#8217;s remind us of the impact thoughtful equity distribution can have on employees&#8217; lives.
While not every startup will achieve a $70 million exit or create dozens of millionaires, Chaudhry&#8217;s approach offers food for thought for entrepreneurs and investors alike.
Read Next:
<ul>
<li>This billion-dollar fund has invested in the next big real estate boom,<a href="https://www.benzinga.com/money/fundrise-flagship-fund"> here's how you can join for $10.</a></li>
<li>Finally allowing commercial real estate investing to be more accessible —<a href="https://www.benzinga.com/money/equitymultiple-ascent-fund"> This fund aims to triple your money in 10 years is with a surprisingly low minimum.</a></li>
</ul>

Startups

How A $70 Million Deal Turned 88% Of A CEO's Employees Into Millionaires Overnight

RBC Capital analyst Conor McNamara reiterates Avantor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVTR#NYSE">AVTR</a>) with a Outperform and maintains $31 price target.

News

Price Target

Reiteration

Analyst Ratings

AVTR

RBC Capital Reiterates Outperform on Avantor, Maintains $31 Price Target

Roth MKM analyst Scott Stember maintains Brunswick (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BC#NYSE">BC</a>) with a Buy and lowers the price target from $94 to $91.

Roth MKM Maintains Buy on Brunswick, Lowers Price Target to $91

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 1% on Monday.
Following the market opening Monday, the Dow traded up 0.06% to 40,612.10 while the NASDAQ rose 1% to 17,529.39. The S&amp;P 500 also rose, gaining, 0.50% to 5,486.56.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/40007912/top-4-energy-stocks-that-may-rocket-higher-in-q3">Top 4 Energy Stocks That May Rocket Higher In Q3</a>
Leading and Lagging Sectors Consumer discretionary shares jumped by 1.1% on Monday.
In trading on Monday, energy shares fell by 0.9%.
Top Headline
McDonald&#8217;s Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) posted worse-than-expected second-quarter financial results.
McDonald&#8217;s reported a second-quarter FY24 sales decline of 0.12% year-on-year to $6.490 billion, missing the analyst consensus of $6.608 billion. Adjusted EPS of $2.97 missed the analyst consensus estimate of $3.07.
Global comparable sales decreased 1.0%, while U.S. comparable sales slipped 0.7%.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Lipella Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIPO#NASDAQ">LIPO</a>) shares shot up 183% to $1.1741 after the company announced it commenced its Phase 2a trial for LP-310 in Oral Lichen Planus.</li>
<li>Shares of Planet Image International Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YIBO#NASDAQ">YIBO</a>) got a boost, surging 81% to $5.33 after jumping around 56% on Friday.</li>
<li>2U, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWOU#NASDAQ">TWOU</a>) shares were also up, gaining 65% to $2.06.</li>
</ul>
Equities Trading DOWN
<ul>
<li>vTv Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VTVT#NASDAQ">VTVT</a>) shares dropped 39% to $13.00 after the company announced the FDA has placed a clinical hold on the cadisegliatin clinical program.</li>
<li>Shares of Cognition Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGTX#NASDAQ">CGTX</a>) were down 37% to $1.49 after the company reported Phase 2 results for Alzheimer&#8217;s drug.</li>
<li>CERo Therapeutics Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CERO#NASDAQ">CERO</a>) was down, falling 32% to $0.1742 after gaining 6% on Friday.</li>
</ul>
Also Check This Out: <a href="https://www.benzinga.com/news/24/07/40006889/this-analyst-with-84-accuracy-rate-sees-more-than-10-upside-in-apple-here-are-5-stock-picks-for-last">This Analyst With 84% Accuracy Rate Sees More Than 10% Upside In Apple &#8211; Here Are 5 Stock Picks For Last Week From Wall Street&#8217;s Most Accurate Analysts</a>
Commodities In commodity news, oil traded up 0.1% to $77.18 while gold traded up 0.4% at $2,389.90.
Silver traded up 0.2% to $28.075 on Monday, while copper fell 1.1% to $4.0775.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 gained 1%, Germany's DAX fell 0.2% and France's CAC 40 fell 0.8%. Spain's IBEX 35 Index fell 0.2%, while London's FTSE 100 rose 0.5%.
UK's net consumer credit increased by £1.2 billion over a month during June, a decline from the £1.5 billion gain recorded in May.
Asia Pacific Markets
Asian markets closed higher on Monday, with Japan's Nikkei 225 surging 2.13%, Hong Kong's Hang Seng Index gaining 1.28%, China's Shanghai Composite Index gaining 0.03% and India's S&amp;P BSE Sensex rising 0.03%.
Singapore's Domestic Supply Price Index increased by 4.3% year-over-year in June, accelerating from a revised 2.7% gain in the prior month. Producer prices in Malaysia increased to 1.6% year-over-year for June. Profits earned by Chinese industrial firms climbed by 3.5% year-over-year to CNY 3,511.03 billion during the first six months of 2024.
Economics
The Dallas Fed Manufacturing index will be released today.
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/40008023/northrop-grumman-to-rally-around-20-here-are-10-top-analyst-forecasts-for-monday">Northrop Grumman To Rally Around 20%? Here Are 10 Top Analyst Forecasts For Monday</a> </li>
</ul>

Earnings

Eurozone

Commodities

Markets

Trading Ideas

CERO

CGTX

LIPO

TWOU

VTVT

YIBO

Nasdaq Gains 1%; McDonald's Posts Downbeat Results

RBC Capital analyst Keith Mackey maintains Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) with a Outperform and raises the price target from $39 to $43.

RBC Capital Maintains Outperform on Baker Hughes, Raises Price Target to $43

SLRX

Salarius Pharmaceuticals Shares Halted On Circuit Breaker To The Downside, Stock Now Up 19.1%

Guidance

HOPE

Hope Bancorp Sees About 10% Decline In Q4 NII Vs Q4 2023

Roth MKM analyst Chip Moore maintains Generac Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) with a Neutral and raises the price target from $135 to $160.

GNRC

Roth MKM Maintains Neutral on Generac Hldgs, Raises Price Target to $160

RBC Capital analyst Irene Nattel reiterates Casey's General Stores (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASY#NASDAQ">CASY</a>) with a Sector Perform and maintains $393 price target.

CASY

RBC Capital Reiterates Sector Perform on Casey's General Stores, Maintains $393 Price Target

DA Davidson analyst Jeff Rulis maintains First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) with a Neutral and raises the price target from $27 to $34.

FIBK

DA Davidson Maintains Neutral on First Interstate BancSys, Raises Price Target to $34

Roth MKM analyst Eric Handler maintains Roblox (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) with a Neutral and raises the price target from $35 to $42.

RBLX

Roth MKM Maintains Neutral on Roblox, Raises Price Target to $42

DA Davidson analyst Jeff Rulis maintains TriCo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBK#NASDAQ">TCBK</a>) with a Buy and raises the price target from $41 to $55.

TCBK

DA Davidson Maintains Buy on TriCo, Raises Price Target to $55

DA Davidson analyst Russell Gunther maintains WSFS Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSFS#NASDAQ">WSFS</a>) with a Buy and raises the price target from $59 to $68.

WSFS

DA Davidson Maintains Buy on WSFS Financial, Raises Price Target to $68

Prominent economists and analysts continue to emphasize the historic and extraordinary performance of the American economy in recent years, despite the significant hurdles <a href="https://www.benzinga.com/topic/interest-rates">posed by high interest rates. </a>
Last week, the Bureau of Economic Analysis reported a surprising real GDP growth of 2.8% <a href="https://www.benzinga.com/economics/macro-economic-events/24/07/39957034/us-economy-expands-2-8-in-q2-tops-estimates-weekly-jobless-claim-fall">in the second quarter</a>, doubling the growth rate of the first quarter and surpassing analysts&#8217; already optimistic expectations of a 2% increase.
<h3 class="wp-block-heading">American Consumers: The Real Champions</h3>
&#8220;If there were an Olympic competition for overall economic performance, the US economy would win gold,&#8221; wrote veteran Wall Street investor Ed Yardeni in a note published Monday.
Even though, as of the morning of July 29, American athletes were only fifth in the official medal standings of the Paris Olympic Games for the number of gold medals won, Yardeni drew a sports parallel, suggesting that American consumers are stealing the show on the podium.
&#8220;If there were an Olympic competition for consumption, American consumers would win gold, silver, and bronze,&#8221; Yardeni noted, highlighting that real consumer spending on both goods and services reached record highs during Q2.
The best way to gauge the performance of the U.S. economy is by tracking real consumption per household, which is the broadest measure of Americans&#8217; standard of living. It rose to a record $119,400 during Q2 2024, tripling since the end of the 1950s.
&#8220;There aren't enough millionaires and billionaires to bias this series, in our opinion. Besides, once they've bought their mansions and yachts, the rich don't eat much more than the rest of us working stiffs,&#8221; Yardeni added. 
He explained that consumer spending is driven by real incomes. The historically tight labor market has fueled real wage gains, while rising interest and dividend incomes have further boosted real incomes. Meanwhile, rising asset prices have decreased the need to save, leaving more after-tax income available for spending.
Also Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39992214/russell-2000-notches-third-week-of-gains-strongest-streak-since-august-2022-small-c">Russell 2000 Notches Third Week Of Gains, Strongest Streak Since August 2022: Small Caps Serve &#8216;As Economic Barometer,&#8217; Analyst Says</a>
The boom in consumption is partly fueled by retired Baby Boomers saving less and spending down their net worth. Meanwhile, younger generations are likely spending most of their current incomes, which are being boosted by the transfer of inherited wealth to them.
According to the latest OECD data, shares and other equities make up to 39% of overall U.S. household wealth.
Since the trough of 2022, the U.S. stock market, as indicated by the S&amp;P 500 Index, has enjoyed an almost two-year-long bull market, regaining record highs. The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), which closely monitors the S&amp;P 500 Index, has rallied by 53% since October 2022.
Tech stocks, as tracked by the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), have performed even better, rallying 78%.
<figure class="wp-block-image size-large"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent072924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1024" height="486" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/29090118/image-54-1024x486.png" alt="" class="wp-image-462470" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/29090118/image-54-1024x486.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/29090118/image-54-300x142.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/29090118/image-54-768x365.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/29090118/image-54-1536x729.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/29090118/image-54.png 1786w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Image:<a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent072924&amp;t=be2bearmibe3na1"> Benzinga Pro </a>
<h3 class="wp-block-heading">Immaculate Disinflation</h3>
The U.S. economy's performance over the past few years has been especially impressive, Yardeni highlighted. Despite numerous hurdles, including the tightening of monetary policy and geopolitical turmoil, the economy has defied predictions of a recession. 
Furthermore, inflation has moderated relatively quickly despite the historically low unemployment rate. In other words, it didn't take a recession to subdue inflation. 
&#8220;The U.S. economy has achieved a rare feat,&#8221; Yardeni said, describing it as &#8220;immaculate disinflation.&#8221;
Yardeni explained that businesses are hiring and investing, consumers are spending, and the labor market remains robust. He suggested that the economy's sensitivity to higher interest rates has markedly declined, as evidenced by the rising investment and spending on technology. 
The veteran analyst highlighted that the high-tech spending powering the economy now should propel labor productivity in future quarters, fueling the economy's growth engine.
Yardeni remains confident in the disinflation trend and welcomed the latest statistics on the Personal Consumption Expenditure (PCE) price index released last week.
Although the Q2 PCE was slightly hotter than expected, the trend remains encouraging, with headline and core PCED falling to 2.5% and 2.6% year-over-year, <a href="https://www.benzinga.com/economics/macro-economic-events/24/07/39983210/feds-preferred-inflation-measure-shows-mixed-readings-personal-income-spending-fa">respectively, in June.</a> 
&#8220;PCE inflation is getting very close to the Fed's 2.0% target,&#8221; Yardeni said. On a three-month annualized basis through June, core PCE is up just 2.3%, while headline PCE is up 1.5%.
The veteran analyst expects both headline and core PCED inflation will fall below 2.5% during the second half of 2024. 
Read now: 
<ul>
<li>Homebuilder Stocks Rally To Record Highs On Rate-Cut Frenzy But Housing Sales Still Struggle</li>
</ul>
Photo: Shutterstock

Analyst Color

Equities

Macro Economic Events

Broad U.S. Equity ETFs

Econ #s

Economics

Federal Reserve

ETFs

If Economic Performance Were An Olympic Sport, 'US Economy Would Win Gold,' Says Market Veteran

Deep-pocketed investors have adopted a bullish approach towards AST SpaceMobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ASTS usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 15 extraordinary options activities for AST SpaceMobile. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 60% leaning bullish and 20% bearish. Among these notable options, 3 are puts, totaling $134,500, and 12 are calls, amounting to $445,753.
<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 $10.0 and $30.0 for AST SpaceMobile, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for AST SpaceMobile options trades today is 2189.17 with a total volume of 3,721.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for AST SpaceMobile's big money trades within a strike price range of $10.0 to $30.0 over the last 30 days.
<h3>AST SpaceMobile 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722261735_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ASTS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$4.7</td>
<td>$4.5</td>
<td>$4.7</td>
<td>$20.00</td>
<td>$66.2K</td>
<td>2.2K</td>
<td style="text-align: right;">21</td>
</tr>
<tr>
<td>ASTS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$8.1</td>
<td>$5.6</td>
<td>$5.65</td>
<td>$15.00</td>
<td>$56.5K</td>
<td>444</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>ASTS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$2.35</td>
<td>$2.15</td>
<td>$2.35</td>
<td>$18.50</td>
<td>$47.0K</td>
<td>25</td>
<td style="text-align: right;">201</td>
</tr>
<tr>
<td>ASTS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/23/24</td>
<td>$3.2</td>
<td>$2.95</td>
<td>$3.0</td>
<td>$19.00</td>
<td>$43.8K</td>
<td>101</td>
<td style="text-align: right;">853</td>
</tr>
<tr>
<td>ASTS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/23/24</td>
<td>$3.2</td>
<td>$2.55</td>
<td>$3.2</td>
<td>$19.00</td>
<td>$41.6K</td>
<td>101</td>
<td style="text-align: right;">601</td>
</tr>
</tbody>
</table>

<h3>About AST SpaceMobile</h3>
AST SpaceMobile Inc is a satellite designer and manufacturer. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers and finally bringing broadband to the billions who remain unconnected. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.
Following our analysis of the options activities associated with AST SpaceMobile, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of AST SpaceMobile</h3>
<ul>
<li>Currently trading with a volume of 2,407,300, the ASTS's price is up by 1.33%, now at $19.09. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 14 days.</li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest AST SpaceMobile options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

ASTS

Check Out What Whales Are Doing With ASTS

Whales with a lot of money to spend have taken a noticeably bullish stance on Dell Technologies.
Looking at options history for Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 44% of the investors opened trades with bullish expectations and 22% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $251,010 and 4, calls, for a total amount of $1,170,479.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $110.0 to $140.0 for Dell Technologies over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Dell Technologies's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Dell Technologies's whale trades within a strike price range from $110.0 to $140.0 in the last 30 days. 
<h3>Dell Technologies 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722261729_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$10.2</td>
<td>$9.6</td>
<td>$9.85</td>
<td>$115.00</td>
<td>$985.0K</td>
<td>3.2K</td>
<td>1.0K</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$0.9</td>
<td>$0.85</td>
<td>$0.9</td>
<td>$120.00</td>
<td>$99.0K</td>
<td>3.0K</td>
<td>1.2K</td>
</tr>
<tr>
<td>DELL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/06/24</td>
<td>$8.6</td>
<td>$8.4</td>
<td>$8.6</td>
<td>$114.00</td>
<td>$86.0K</td>
<td>10</td>
<td>0</td>
</tr>
<tr>
<td>DELL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$31.7</td>
<td>$30.5</td>
<td>$30.8</td>
<td>$140.00</td>
<td>$64.6K</td>
<td>163</td>
<td>21</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/02/24</td>
<td>$2.05</td>
<td>$2.0</td>
<td>$2.0</td>
<td>$115.00</td>
<td>$49.8K</td>
<td>1.2K</td>
<td>753</td>
</tr>
</tbody>
</table>

<h3>About Dell Technologies</h3>
Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It is focused on premium personal computers and enterprise on-premises data center hardware. It holds top-three shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell is vertically integrated but has a robust ecosystem of component and assembly partners, and also relies heavily on channel partners to fulfill its sales.
Having examined the options trading patterns of Dell Technologies, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Dell Technologies Standing Right Now?</h3>
<ul>
<li>With a trading volume of 475,253, the price of DELL is up by 0.95%, reaching $114.64.</li>
<li>Current RSI values indicate that the stock is may be oversold.</li>
<li>Next earnings report is scheduled for 31 days from now.</li>
</ul>
<h3>What The Experts Say On Dell Technologies</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $165.0.
<ul>
<li>An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Dell Technologies, which currently sits at a price target of $165. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Dell Technologies, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

DELL

What the Options Market Tells Us About Dell Technologies

L3Harris Highlights Performance After Acquisition Of Aerojet Rocketdyne, Says "Co Has Increased Internal Investments In Aerojet Rocketdyne By 40% YoY, Including The Expansion And Modernization Of Manufacturing To Enhance Production Across Its Product Lines"

High-rolling investors have positioned themselves bullish on Core Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in CORZ often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 16 options trades for Core Scientific. This is not a typical pattern.
The sentiment among these major traders is split, with 75% bullish and 25% bearish. Among all the options we identified, there was one put, amounting to $62,415, and 15 calls, totaling $419,120.
<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 $9.5 and $14.5 for Core Scientific, 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 Core Scientific's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Core Scientific's substantial trades, within a strike price spectrum from $9.5 to $14.5 over the preceding 30 days.
<h3>Core Scientific Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722261724_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CORZ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$4.1</td>
<td>$4.0</td>
<td>$4.0</td>
<td>$14.50</td>
<td>$62.4K</td>
<td style="text-align: right;">0</td>
<td>156</td>
</tr>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/09/24</td>
<td>$1.55</td>
<td>$1.45</td>
<td>$1.55</td>
<td>$9.50</td>
<td>$31.0K</td>
<td style="text-align: right;">11</td>
<td>2.7K</td>
</tr>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/09/24</td>
<td>$1.55</td>
<td>$1.5</td>
<td>$1.55</td>
<td>$9.50</td>
<td>$30.9K</td>
<td style="text-align: right;">11</td>
<td>2.9K</td>
</tr>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/09/24</td>
<td>$1.5</td>
<td>$1.4</td>
<td>$1.5</td>
<td>$9.50</td>
<td>$30.0K</td>
<td style="text-align: right;">11</td>
<td>2.5K</td>
</tr>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/09/24</td>
<td>$1.55</td>
<td>$1.5</td>
<td>$1.5</td>
<td>$9.50</td>
<td>$30.0K</td>
<td style="text-align: right;">11</td>
<td>1.6K</td>
</tr>
</tbody>
</table>

<h3>About Core Scientific</h3>
Core Scientific Inc is engaged in Blockchain and AI Infrastructure, Digital Asset Self-Mining, Premium Hosting, Blockchain Technology, and Artificial Intelligence related services. The business operates in two segments being; Equipment Sales and Hosting which consists of blockchain infrastructure, third-party hosting business and equipment sales to customers. Mining segment consists of digital asset mining for its account. The blockchain business generates revenue from the sale of consumption-based contracts and by providing hosting services. The digital asset mining segment earns revenue from operating a firm's owned computer equipment as part of a pool of users that process transactions conducted on one or more blockchain networks. In exchange, it receives digital currency assets.
Having examined the options trading patterns of Core Scientific, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Core Scientific</h3>
<ul>
<li>With a volume of 1,537,420, the price of CORZ is up 2.6% at $10.48. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 15 days.</li>
</ul>
<h3>What Analysts Are Saying About Core Scientific</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $15.5.
<ul>
<li>Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Overweight with a new price target of $20.</li>
<li>In a cautious move, an analyst from HC Wainwright &amp; Co. downgraded its rating to Buy, setting a price target of $15. </li>
<li>Maintaining their stance, an analyst from HC Wainwright &amp; Co. continues to hold a Buy rating for Core Scientific, targeting a price of $15. </li>
<li>An analyst from B. Riley Securities has elevated its stance to Buy, setting a new price target at $13. </li>
<li>An analyst from Ladenburg Thalmann downgraded its action to Buy with a price target of $14. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Core Scientific options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Core Scientific, Inc. - Class A Common Stock

CORZ

Core Scientific Options Trading: A Deep Dive into Market Sentiment

During the last three months, 6 analysts shared their evaluations of First Hawaiian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FHB#NASDAQ">FHB</a>), revealing diverse outlooks from bullish to bearish.
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.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for First Hawaiian, presenting an average target of $23.17, a high estimate of $27.00, and a low estimate of $18.00. This upward trend is evident, with the current average reflecting a 3.35% increase from the previous average price target of $22.42.
<img src="https://www.benzinga.com/files/images/story/2024/1722261701_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
A clear picture of First Hawaiian's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Andrew Liesch</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$27.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Timur Braziler</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$22.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Steven Alexopoulos</td>
<td>JP Morgan</td>
<td>Maintains</td>
<td>Underweight</td>
<td>$24.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Steven Alexopoulos</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$24.00</td>
<td>$25.50</td>
</tr>
<tr>
<td>Timur Braziler</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$18.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Jared Shaw</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$24.00</td>
<td>$25.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to First Hawaiian. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of First Hawaiian compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for First Hawaiian's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Capture valuable insights into First Hawaiian's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/FHB/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on First Hawaiian analyst ratings.</a>
<h2>Discovering First Hawaiian: A Closer Look</h2>
First Hawaiian Inc is a bank holding company. It provides a diversified range of banking services to consumer and commercial customers, including deposit products, lending services, and wealth management and trust services. The company offers a variety of deposit products to its customers, including checking and savings accounts and other types of deposit accounts. It provides commercial and industrial lending, including auto dealer flooring, commercial real estate, and construction lending. It also offers comprehensive consumer lending services focused on residential real estate lending, indirect auto financing, and other consumer loans. Its segments are Retail Banking, Commercial Banking, and Treasury, and others of which key revenue is derived from Retail Banking.
<h3>Key Indicators: First Hawaiian's Financial Health</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Challenges: First Hawaiian's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -5.23%. This indicates a decrease in top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 27.48%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 2.17%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): First Hawaiian's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.22%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: First Hawaiian's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.2.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings For First Hawaiian

In the latest quarter, 4 analysts provided ratings for First Commonwealth (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCF#NYSE">FCF</a>), showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">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>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $18.0, a high estimate of $19.00, and a low estimate of $17.00. This current average has increased by 14.29% from the previous average price target of $15.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1722261691_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
A comprehensive examination of how financial experts perceive First Commonwealth is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Daniel Cardenas</td>
<td>Janney Montgomery Scott</td>
<td>Raises</td>
<td>Neutral</td>
<td>$19.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Jon Arfstrom</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$18.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Kelly Motta</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$18.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Frank Schiraldi</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$17.00</td>
<td>$14.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to First Commonwealth. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of First Commonwealth compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of First Commonwealth's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into First Commonwealth's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/FCF/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on First Commonwealth analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Get to Know First Commonwealth Better</h2>
First Commonwealth Financial Corp functions in the financial services sector in the United States. Through its subsidiary, it offers a range of consumer and commercial banking services such as personal checking accounts, interest-earning checking accounts, savings accounts, insured money market accounts, investment certificates, fixed &amp; variable rate certificates of deposit, and various kinds of loans. It also provides trust and wealth management services and offers insurance products. The company earns the majority of its revenue through net interest income.
<h3>First Commonwealth's Financial Performance</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: First Commonwealth's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 3.3%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 30.87%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): First Commonwealth's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.75%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): First Commonwealth's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.32% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: First Commonwealth's debt-to-equity ratio stands notably higher than the industry average, reaching 0.49. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>The Basics of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Outlook: First Commonwealth Through The Eyes Of 4 Analysts

Alithya Group, Inc. Class A (TSE:ALYA) has released an update. Alithya Group Inc. has expanded its Board of Directors to nine with the appointment ...

Alithya Group Welcomes Ines Gbegan to Board

Alithya: Defying Margin Erosion, Attractive For Passive Investors

Alithya Group (TSE:ALYA) has released an update. Alithya Group Inc. has entered into a revised credit agreement with The Bank of Nova Scotia and ot...

Alithya Group Announces Amended Credit Agreement

Alithya Group (TSE:ALYA) has released an update. Alithya Group has reported improvements in its financial performance, with a record gross margin o...

Alithya Group Reports Record Margins and Profit

Alithya Group Inc. 2024 Q4 - Results - Earnings Call Presentation

Alithya Group Inc. (ALYAF) Q4 2024 Earnings Call Transcript

Analysts have been eager to weigh in on the Technology sector with new ratings on Zscaler (ZS – Research Report) and Alithya Group (ALYAF – Researc...

Analysts Offer Insights on Technology Companies: Zscaler (ZS) and Alithya Group (OtherALYAF)

Rob Goff, an analyst from Echelon Wealth Partners, maintained the Buy rating on Alithya Group (ALYAF – Research Report). The associated price targe...

Rob Goff Recommends 'Buy' on Alithya Group Citing Strong Margins, Growth Potential, and Valuation Upside

Alithya names Debbie Di Gregorio as interim CFO

Alithya Group (TSE:ALYA) has released an update. Alithya Group has appointed Debbie Di Gregorio as the interim Chief Financial Officer, effective J...

The Only Monthly Membership With a Positive ROI!

-

-

-

-

-

-

-

The Only Monthly Membership With a Positive ROI!

-

-

-

-

-

-

-

Comments

Alithya Group

News

Latest news for Alithya Group (OTC:ALYAF) Stock