First Trust Managed Municipal ETF (NASDAQ: FMB)

Latest news for First Trust Managed Municipal ETF (NASDAQ:FMB)

First Trust Managed Municipal ETF

Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes.

First Mid Bancshares, Inc. - Common Stock

First Mid Bancshares Inc

FRMRS&MER BK LONG BCH CAL by Farmers & Merchants Bank of Long Beach (CA)

Farmers & Merchants Bank of Long Beach

F & M Bank Corp

FRMRS&MER BNCSHS IOWA by Farmers & Merchants Bancshares, Inc.

Farmers and Merchants Bancshares Inc

FAMOUS BRANDS UNSP/ADR by Famous Brands Ltd

Famous Brands Ltd

FULL MOTION BEVERAGE INC by Full Motion Beverage, Inc.

Full Motion Beverage Inc

<p>The cannabis industry in <a href="https://www.benzinga.com/topic/morocco-cannabis">Morocco</a> is experiencing unprecedented growth after a few years of slow post-legalization activity. As <a href="https://www.moroccoworldnews.com/2024/08/364294/morocco-s-cannabis-industry-breaking-down-the-numbers-on-authorized-activities">reported</a> by Morocco World News, nearly 3,000 cannabis-related licenses have been approved by the National Agency for the Regulation of Cannabis-Related Activities (ANRAC) since the beginning of 2024. This represents a significant increase from the <a href="https://www.benzinga.com/markets/cannabis/23/12/36388835/africa-is-keeping-up-with-cannabis-and-more-global-weed-reform-efforts">total 609</a> issued throughout 2023.</p>
<h3 class="wp-block-heading"><strong>More Licenses For Farmers And Operators In Targeted Areas</strong></h3>
<p>The government chose an area to set a cultivation surface target for this year: 2,400 hectares in the northern provinces of Taounate, Chefchaouen and Al Hoceïma. Of the 2,800 licenses granted in total, 2,600 have been awarded to farmers in these areas. This marks a substantial increase from the 430 permits granted in these regions last year, underscoring the growing acceptance and regulation of <a href="https://www.benzinga.com/cannabis">cannabis cultivation and production</a> in Morocco.</p>
<p>In addition to cultivation, ANRAC will give out 200 licenses for various cannabis-related activities to 98 operators, including a pharmaceutical establishment, 23 cooperatives, 24 individuals and 50 companies. These permissions cover a spectrum of activities, including 59 for industrial purposes, one for medical transformation, 49 for commercialization, 39 for export, 24 for seed importation, 18 for transportation, and one for nursery establishment.</p>
<h3 class="wp-block-heading"><strong>Expansion In Health And Cosmetic Products</strong></h3>
<p>In turn, 19 registration certificates for cannabis-derived products were issued by the Ministry of Health: nine for dietary supplements and 10 for cosmetic and personal hygiene products. More products are currently under review, with certifications expected upon meeting necessary standards.</p>
<h3 class="wp-block-heading"><strong>Economic Potential Highlighted By Industry Leaders</strong></h3>
<p><strong>Mohamed El Bouhmadi</strong>, president of the Moroccan Federation of Pharmaceutical Industry and Innovation, emphasized that the industry &#8220;could generate annual revenues of 4.2 [$428 million] to 6.3 billion dirhams [$641 million] by 2028, provided Morocco achieves a <a href="https://www.benzinga.com/markets/cannabis/19/09/14400420/morocco-europes-biggest-cannabis-supplier">10-15% share of the European market</a>,&#8221; thus highlighting the economic potential of the cannabis sector.</p>
<p><em>Cover image made with AI</em></p>


Cannabis

News

Regulations

Morocco's Cannabis Boom: Nearly 3,000 Licenses Issued So Far This Year

<p><strong>Opendoor Technologies's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPEN#NYSE">OPEN</a>) short percent of float has risen 5.94% since its last report. The company recently reported that it has <strong>89.09 million shares sold short</strong>, which is 15.33% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 5.22 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>Opendoor Technologies Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722881720_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for Opendoor Technologies has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.</p>
<h3>Comparing Opendoor Technologies's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Opendoor Technologies's peer group average for short interest as a percentage of float is 5.39%, which means the company has <strong>more</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Short Sellers

Short Ideas

Trading Ideas

OPEN

Looking Into Opendoor Technologies's Recent Short Interest

<p><strong>H&amp;R Block's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRB#NYSE">HRB</a>) short percent of float has fallen 5.05% since its last report. The company recently reported that it has <strong>9.94 million shares sold short</strong>, which is 12.03% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 10.57 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>H&amp;R Block Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722881715_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for H&amp;R Block has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.</p>
<h3>Comparing H&amp;R Block's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, H&amp;R Block's peer group average for short interest as a percentage of float is 5.76%, which means the company has <strong>more</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


(HRB) - Analyzing H&R Block's Short Interest

<p><strong>NEXTracker's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NXT#NYSE">NXT</a>) short percent of float has risen 6.55% since its last report. The company recently reported that it has <strong>11.98 million shares sold short</strong>, which is 9.43% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 3.88 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>NEXTracker Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722881710_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for NEXTracker has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.</p>
<h3>Comparing NEXTracker's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, NEXTracker's peer group average for short interest as a percentage of float is 11.14%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Peering Into NEXTracker's Recent Short Interest

<p><strong>Elon Musk</strong> has reignited a legal battle against OpenAI, the creator of the AI chatbot ChatGPT, continuing a <a href="https://www.benzinga.com/news/24/05/38949924/obviously-a-ripoff-elon-musk-slams-openai-for-mimicking-scarlett-johansson-in-gpt-4o-they-were-liter">six-year-old dispute. </a></p>
<p><strong>What Happened</strong>: Musk, in a new complaint filed on Monday in federal court in Northern California, accuses OpenAI and its co-founders, <strong>Sam Altman </strong>and <strong>Greg Brockman</strong>, of prioritizing commercial gains over their original mission of benefiting humanity.</p>
<p>The <strong>Tesla Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO had previously withdrawn a similar lawsuit seven weeks ago, just before a judge was set to decide on its dismissal. </p>
<p>In dialogue <a href="https://www.nytimes.com/2024/08/05/technology/elon-musk-openai-lawsuit.html">with</a> the New York Times, Musk attorney <strong>Marc Toberoff</strong> described the new suit as a more robust version of the previous one.</p>
<p><strong>See Also: <a href="https://www.benzinga.com/general/24/06/39336136/elon-musk-drops-lawsuit-against-openai-a-day-after-threatening-to-ban-apple-devices">Elon Musk Drops Lawsuit Against OpenAI A Day After Threatening To Ban Apple Devices</a></strong></p>
<p>Benzinga contacted OpenAI for comment on the lawsuit but did not receive a response by the time of publication.</p>
<p>The fresh lawsuit echoes earlier claims, alleging that Altman and Brockman &#8220;betrayed&#8221; Musk by partnering with <strong>Microsoft Corp.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) in a multibillion-dollar deal.</p>
<p>In a previous blog post addressing Musk&#8217;s initial lawsuit, Altman and his team said: &#8220;The mission of OpenAI is to ensure A.G.I. benefits all of humanity,&#8221; and stressed that their focus is to develop safe and beneficial artificial general intelligence (AGI) and distributing its benefits broadly.</p>
<p>OpenAI was founded in 2015 by Musk, Altman, Brockman, and several AI researchers. The startup served as a counterbalance to AI developments at <strong>Alphabet Inc</strong>&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google.</p>
<p>Musk says he grew concerned that Google, under co-founder <strong>Larry Page</strong>, was not adequately considering the potential dangers of AI. Sharing these concerns, OpenAI&#8217;s founders launched the company as a nonprofit, pledging to share their technology openly, arguing that AI was too powerful and dangerous to be controlled by a single entity.</p>
<p>Musk parted ways with OpenAI in 2018 after a power struggle and withdrew his financial support.</p>
<p>OpenAI, backed with at least $13 billion from Microsoft, is a partnership between its original nonprofit and a <a href="https://openai.com/index/openai-lp/">capped</a> profit arm.</p>
<p>The release of ChatGPT in 2022 by OpenAI triggered an industry-wide AI race involving major tech companies and startups. Meanwhile, Musk founded his own AI company, xAI, continuing to voice concerns about AI&#8217;s existential risks.</p>
<p>The suit claims that the founders &#8220;intentionally courted and deceived Musk,&#8221; exploiting his humanitarian concerns about AI&#8217;s dangers. Moreover, it argues that OpenAI violated its promise to open-source its technology by granting Microsoft an exclusive license.</p>
<p>The lawsuit seeks to determine whether OpenAI&#8217;s recent advancements have achieved AGI and if the company&#8217;s contract with Microsoft should be invalidated.</p>
<p><strong>Read Next:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/news/24/03/37723844/they-stole-everything-elon-musks-war-with-openai-heats-up-after-soras-data-sourcing-doubts-emerge-in">&#8216;They Stole Everything:&#8217; Elon Musk&#8217;s War With OpenAI Heats Up After Sora&#8217;s Data Sourcing Doubts Emerge In CTO Mira Murati&#8217;s Interview</a></li>
</ul>
<p><em>Image created using photos from Shutterstock.</em></p>


Legal

Tech

General

GOOGL

MSFT

TSLA

Elon Musk's New Lawsuit Against OpenAI: Accusations Of 'Betrayal' And 'Deception'

<p><strong>Tesla, Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares are down Monday as auto-related stocks decline due to broader market weakness and concerns about a potential U.S. economic slowdown. Here&#8217;s <a href="https://www.benzinga.com/news/24/08/40156978/tesla-ceo-elon-musk-admits-lower-priced-evs-from-rival-automakers-are-a-problem-but-not-one-that-wil">what you need to know.</a></p>
<p><strong>What&#8217;s Going On: </strong>The U.S. economy is facing mixed signals from recent data releases. While the Federal Reserve hinted at a possible rate cut in September, disappointing manufacturing data and a spike in jobless claims have raised alarms about the health of the economy. The tech-heavy Nasdaq Composite and other major indices have also suffered. As one of the prominent stocks in the Nasdaq, Tesla has been directly affected by this downturn.</p>
<p>The broader economic landscape is also impacting Tesla. Concerns about a U.S. economic downturn have intensified, with key indicators suggesting potential trouble ahead. The <a href="https://www.benzinga.com/news/earnings/24/08/40157665/nasdaq-r2k-futures-tumble-over-4-vix-spikes-over-100-bitcoin-plunges-hard-as-global-sell-off-deepen">recent global equity market sell-off</a>, triggered by Japan&#8217;s economic actions and fears of a cyclical downturn, has added to investor anxiety. Notably, the CBOE Volatility Index (VIX) has spiked over 100%.</p>
<p><strong>Recent political developments:</strong> Former President<strong> Donald Trump</strong>, following Tesla CEO <strong>Elon Musk</strong>&#8216;s endorsement, has shifted <a href="https://www.benzinga.com/news/24/08/40154264/trump-says-electric-cars-are-fantastic-after-tesla-ceo-elon-musks-endorsement-i-have-to-be-you-know">his stance on electric vehicles (EVs),</a> praising them despite his usual criticisms. Trump emphasized the importance of maintaining a diverse vehicle market that includes hybrids and gas-powered cars, alleging that Democrats want to go all-electric. Musk, meanwhile, continues to highlight Tesla&#8217;s market challenges, noting that competitors selling EVs at a loss are not a long-term threat.</p>
<p><strong>TSLA Price Action: </strong>Tesla shares were down by 4.06% at $199.08 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a></p>
<p><figure class="wp-block-image size-large is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent080524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1024" height="529" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/05131348/TSLA-1024x529.png" alt="" class="wp-image-477002" style="width:434px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/05131348/TSLA-1024x529.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/05131348/TSLA-300x155.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/05131348/TSLA-768x397.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/05131348/TSLA.png 1408w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure></p>
<p><strong>See Also:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40167312/us-stocks-trim-black-mondays-drops-as-services-gauge-expands-bond-gains-stall-as-traders-r">US Stocks Trim Black Monday&#8217;s Drops As Services Gauge Expands, Bond Gains Stall As Traders Reassess Fed Cuts: What&#8217;s Driving Markets Monday?</a></strong></li>
</ul>
<p><em>Image Via Shutterstock</em>.</p>


Movers

AAPL

Tesla Shares Are Falling Today: What You Need To Know

<p><strong>MasTec, Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTZ#NYSE">MTZ</a>) reported better-than-expected second-quarter adjusted earnings results, after the <a href="https://www.benzinga.com/quote/MTZ/earnings">closing bell on Thursday.</a></p>
<p>MasTec reported quarterly earnings of 96 cents per share which beat the analyst consensus estimate of 87 cents per share. The company reported quarterly sales of $2.961 billion which missed the analyst consensus estimate of $3.092 billion, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.</p>
<p>Jose Mas, MasTec&#8217;s Chief Executive Officer, commented &#8220;We are pleased with our solid second quarter performance, and expect to build on this momentum during the balance of 2024 and in 2025. Our record backlog in multiple segments illustrates the confidence our customers have in MasTec to partner on their strategic capital programs. I&#8217;d like to highlight that during the second quarter, MasTec was awarded an approximately 700-mile high voltage transmission project that is expected to start in early 2025. We are experiencing significant demand for our services and look forward to continue delivering best in class execution for our customers in a safe, timely and cost-effective manner through the hard work and dedication of the men and women of MasTec.&#8221;</p>
<p>MasTec said it sees 2024 revenue of $12.4 billion, versus estimates of $12.55 billion. The company expects adjusted EPS of $3.03 versus expectations of $2.95.</p>
<p>MasTec shares fell 0.5% to trade at $101.65 on Monday.</p>
<p>These analysts made changes to their price targets on MasTec following earnings announcement.</p>
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/666c3aa1e56ade000115ab03/brian-brophy">Stifel analyst Brian Brophy</a> maintained MasTec with a Buy and raised the price target from $120 to $121.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58ac4af1b85e930001e6383a/jamie-cook">Truist Securities analyst Jamie Cook</a> reiterated the stock with a Hold and raised the price target from $109 to $112.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58a3019243eaaa00011f4051/alex-rygiel">B. Riley Securities analyst Alex Rygiel</a> maintained MasTec with a Buy and boosted the price target from $132 to $134.</li>
</ul>
<p><strong>Read More: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/24/08/40161976/home-depot-to-rally-more-than-14-here-are-10-top-analyst-forecasts-for-monday">Home Depot To Rally More Than 14%? Here Are 10 Top Analyst Forecasts For Monday</a></strong></li>
</ul>


Earnings

Price Target

Markets

Analyst Ratings

MasTec Analysts Increase Their Forecasts After Better-Than-Expected Earnings

<p>Cantor Fitzgerald  analyst Louise Chen   reiterates Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) with a Overweight and maintains $215 price target.</p>


Reiteration

Cantor Fitzgerald Reiterates Overweight on Johnson & Johnson, Maintains $215 Price Target

<p>Cantor Fitzgerald  analyst Louise Chen   reiterates AbbVie (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>) with a Overweight and maintains $200 price target.</p>


ABBV

Cantor Fitzgerald Reiterates Overweight on AbbVie, Maintains $200 Price Target

WIIM

TIXT

TELUS International shares are trading lower after RBC Capital downgraded the stock from Outperform to Sector Perform and multiple firms lowered their respective price targets on the stock. The company last week reported weak Q2 financial results and soft FY24 guidance.

<p>Last Friday's weaker-than-expected jobs report drove the<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40160872/goldman-sachs-raises-us-recession-odds-treasury-yields-tumble-yen-rallies-as-trader"> tech sector and overall U.S. equity market lower</a> as fears mounted about a potential recession. Reports then broke about Warren Buffett and <strong>Berkshire Hathaway </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) <a href="https://www.benzinga.com/news/24/08/40152088/elon-musk-says-warren-buffett-is-clearly-expecting-a-correction-after-berkshire-sold-nearly-half-of">selling half of its <strong>Apple Inc</strong> shares </a>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), further escalating the fears about the health of the market.<br /><br />In the first quarter of 2024, Buffett trimmed Berkshire's Apple stake, selling a little more than 100 million shares. In the second quarter, Berkshire shed another 390 million shares, <a href="https://www.berkshirehathaway.com/qtrly/links2ndqtr24.html">according to filings.</a><br /><br />Despite the sales, Apple remains Berkshire's largest public holding, as the Buffett-backed investment firm still holds around 400 million shares of Apple, worth nearly $90 billion.<br /><br /><strong>See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40147237/warren-crushed-apple-says-jim-cramer-as-buffett-cuts-stake-in-tech-giant-by-nearly-">&#8216;Warren Crushed Apple&#8217; Says Jim Cramer As Buffett Cuts Stake In Tech Giant By Nearly Half: Here&#8217;s How Much Dividend Income Berkshire Forgoes</a></strong></p>
<p>And while the &#8220;Oracle of Omaha&#8221; may be taking some profits on the tech giant, other hedge funds are still betting the house on Apple.&nbsp;</p>
<p><strong>Jennison Associates, </strong>a <a href="https://whalewisdom.com/filer/jennison-associates-llc">fund</a> with more than $200 billion in assets under management (AUM) added more than 11 million shares of Apple in the second quarter, making its Apple position more than 5% of its total portfolio. Jennison first purchased Apple in 2004, and has an average cost basis of around $85 according to <a href="https://whalewisdom.com/stock/aapl">Whale Wisdom.<br /><br /></a><strong>William Jones Wealth Management, </strong>a New York-based firm with more than $10 billion in AUM added 35,000 shares of <a href="https://whalewisdom.com/filer/williams-jones-wealth-management-llc">Apple in the second quarter,</a> bringing its total holding of Apple to around 2.2 million shares worth around $460 million. William Jones' average Apple cost is about $54 a share.<br /><br />But, other firms seem to be following Buffett&#8217;s early lead from the first quarter of 2024. <br /><br /><strong>Coatue Management, </strong>an investment firm with around $70 billion in AUM, sold more than two million Apple shares in the first quarter, completely closing the firm's position. <a href="https://whalewisdom.com/filer/coatue-management-llc">Coatue </a>added shares of chip companies like <strong>Taiwan Semiconductor Manufacturing</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), <strong>Broadcom Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) and others in the first quarter.<br /><br /><strong>Cerity Partners, </strong>a fund with around $20 billion in AUM, <a href="https://whalewisdom.com/filer/hpm-partners-llc">sold</a> around 3 million Apple shares in the first quarter. The stock remains a big position for Cerity, with Apple making up a little bit less than 3% of its portfolio.&nbsp;<br /><br /><strong>Read Next: <br />    <a href="https://www.benzinga.com/news/large-cap/24/08/40166207/how-to-navigate-market-volatility-5-etfs-that-strengthen-your-portfolio-during-stock-turmoil"> • How To Navigate Market Volatility: 5 ETFs That Strengthen Your Portfolio During Stock Turmoil</a></strong></p>
<p><em>Photo: Shutterstock</em></p>


AVGO

Will Investors Follow Warren Buffett's Lead And Dump Apple Stock? Here's What Other Hedge Funds Are Doing With Their Apple Shares

<p>Cantor Fitzgerald  analyst Louise Chen   reiterates Novo Nordisk (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) with a Overweight and maintains $160 price target.</p>


Cantor Fitzgerald Reiterates Overweight on Novo Nordisk, Maintains $160 Price Target

<p>In Iowa, a federal court upheld a ban on synthetically produced intoxicating hemp compounds, ruling against two companies that sought to <a href="https://www.benzinga.com/markets/cannabis/24/07/39869206/shadow-banned-by-retailers-iowa-beverage-manufacturers-sue-state-regulators-over-new-thc-law">block the new state law</a>.</p>
<p><strong>Climbing Kites</strong> and <strong>Field Day Brewing Co</strong>. challenged the law, which took effect on July 17 but failed to prove the law violates the Constitution, at least in the eyes of U.S. District Court Judge <strong>Stephanie Rose</strong>.</p>
<p>The law bans synthetic psychoactive hemp products and prohibits the sale of all consumable hemp to minors, including CBD. It also outlaws the sale of dried hemp flowers meant for smoking or inhaling and bans alcoholic beverages containing THC, <a href="https://hemptoday.net/iowas-ban-on-intoxicating-hemp-upheld-as-federal-court-rejects-challenge-by-producers/">reported</a> Hemp Today.</p>
<h3 class="wp-block-heading">The Ruling On Hemp</h3>
<p>Judge Rose ruled on separate lawsuits from the two companies and a group of <a href="https://www.benzinga.com/markets/cannabis/24/07/39869206/shadow-banned-by-retailers-iowa-beverage-manufacturers-sue-state-regulators-over-new-thc-law">ten Iowa hemp manufacturers</a> and retailers. Rose found that the law's language was clear enough to prevent arbitrary enforcement.</p>
<p>&#8220;The issue is not whether the law can be arbitrarily enforced, but whether the language is clear enough to prevent that,&#8221; Rose wrote.</p>
<p>Iowa&#8217;s Department of Health and Human Services <a href="https://www.benzinga.com/markets/cannabis/24/05/38917867/iowa-gop-governor-signs-bill-limiting-thc-content-in-hemp-derived-consumable-products">finalized rules</a> under the law this month, addressing terms the companies said were too vague. The hemp businesses also argued that the six-week compliance window was too short to adapt to, but Rose rejected this argument and upheld the deadline.</p>
<p><strong>Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/07/39869206/shadow-banned-by-retailers-iowa-beverage-manufacturers-sue-state-regulators-over-new-thc-law">Shadow-Banned By Retailers, Iowa Beverage Manufacturers Sue State Regulators Over New THC Law</a></strong></p>
<p>The main problem is the new bill limits consumable hemp products to less than 4 milligrams of THC per serving and 10 milligrams per package. At the center of the dispute is the idea that this cap on THC milligrams would outlaw most production and force the plaintiffs to <a href="https://www.benzinga.com/markets/cannabis/24/06/39460763/iowa-beverage-companies-file-lawsuit-challenging-state-changes-to-thc-potency-restrictions">drastically reduce</a> their product portfolio.</p>
<h3 class="wp-block-heading">Hemp vs Cannabis?</h3>
<p>On February 2024, <strong>Scott Booher</strong> owner of Iowa hemp farm <strong>Four Wind</strong> <strong>Farms</strong> <a href="https://www.benzinga.com/markets/cannabis/24/02/37075181/iowa-lawmakers-risk-ruining-hemp-businesses-with-new-bill-business-owner-explains-why">claimed</a> that businesses like his would be &#8220;swept up in collateral damage&#8221; should this bill be enacted.</p>
<p>And the situation is occurring all over the U.S., as farmers and manufacturers are forced to reconvert or perish. Some U.S. states are tightening regulations on intoxicating hemp products, while others are <a href="https://www.benzinga.com/markets/cannabis/24/07/39610764/intoxicating-hemp-products-face-regulatory-crackdown-across-multiple-states">banning them entirely</a> with a minority regulating them in a <a href="https://www.google.com/search?client=safari&amp;rls=en&amp;q=benzinga+cannabis+hemp+regulation+beverages&amp;ie=UTF-8&amp;oe=UTF-8">permissive manner</a>. Some are even <a href="https://www.benzinga.com/markets/cannabis/23/08/33865148/cannabis-companies-generate-8b-in-texas-where-its-barely-legal-is-weed-poised-to-surpass-wine">avoiding</a> any sort of regulation. This has given rise to a <a href="https://www.benzinga.com/markets/cannabis/24/04/38341776/hemp-space-grew-3x-the-rate-of-cannabis-where-did-marijuana-get-it-wrong">growing hemp</a> derived-THC industry, which is gaining relevance and strength and even <a href="https://www.benzinga.com/markets/cannabis/24/07/39781066/libertarians-back-florida-cannabis-legalization-5m-from-hemp-execs-to-gop-green-waves-in-red-sta">confronting</a> the cannabis industry in Florida.</p>
<ul>
<li><strong>Read Next: <a href="https://www.benzinga.com/markets/cannabis/24/07/39820619/strategy-shift-in-the-works-are-cannabis-giants-getting-into-the-hemp-derived-thc-market">Strategy Shift In The Works? Are Cannabis Giants Getting Into The Hemp Derived-THC Market?</a></strong></li>
</ul>
<p><figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/cannabis-conference/"><img loading="lazy" decoding="async" width="970" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/02144226/CCC-Oct-24-Banner-1-8.gif" alt="" class="wp-image-474055" /></a></figure></p>
<p>Cover: AI generated image</p>


Federal Court Upholds Iowa's New Hemp Restrictions, Is The Industry Doomed?

CACI

Caci International shares are trading lower after Raymond James downgraded the stock from Outperform to Market Perform.

<p>6 analysts have shared their evaluations of Redwood Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RWT#NYSE">RWT</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.</p>
<p>The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $7.55, with a high estimate of $8.50 and a low estimate of $7.00. This current average has increased by 7.09% from the previous average price target of $7.05. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722880868_0.png" alt="price target chart" /></p>
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
<p>The standing of Redwood Trust among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Crispin Love</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$7.50</td>
<td>$6.50</td>
</tr>
<tr>
<td>Jason Weaver</td>
<td>Jones Trading</td>
<td>Raises</td>
<td>Buy</td>
<td>$7.55</td>
<td>$7.25</td>
</tr>
<tr>
<td>Jay McCanless</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Neutral</td>
<td>$7.00</td>
<td>$6.50</td>
</tr>
<tr>
<td>Steven Delaney</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$8.50</td>
<td>$8.00</td>
</tr>
<tr>
<td>Richard Shane</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$7.50</td>
<td>$7.00</td>
</tr>
<tr>
<td>Jason Weaver</td>
<td>Jones Trading</td>
<td>Announces</td>
<td>Buy</td>
<td>$7.25</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Redwood Trust. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Redwood Trust compared to the broader market.</li>
<li><strong>Price Targets:</strong> Gaining insights, analysts provide estimates for the future value of Redwood Trust's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Capture valuable insights into Redwood Trust's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/RWT/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Redwood Trust analyst ratings.</strong></a></p>
<p>If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.</p>
<h2>About Redwood Trust</h2>
<p>Redwood Trust Inc is a real estate investment trust focused on different areas of housing credit. The company operates in three segments: the Residential Consumer Mortgage Banking segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale to whole loan buyers, securitization through SEMT (Sequoia) private-label securitization program, or transfer into its investment portfolio, Residential Investor Mortgage Banking segment consists of a platform that originates and acquires business purpose lending loans for subsequent securitization, sale, or transfers into its investment portfolio, and Investment Portfolio segment consists of organic investments sourced through residential and business-purpose mortgage banking operations.</p>
<h3>Unraveling the Financial Story of Redwood Trust</h3>
<p><strong>Market Capitalization Analysis:</strong> Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Challenges:</strong> Redwood Trust's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately <strong>-15.59%</strong>. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.</p>
<p><strong>Net Margin:</strong> Redwood Trust's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>23.47%</strong> net margin, the company effectively manages costs and achieves strong profitability.</p>
<p><strong>Return on Equity (ROE):</strong> Redwood Trust's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>1.16%</strong> ROE, the company effectively utilizes shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of <strong>0.09%,</strong> the company showcases effective utilization of assets.</p>
<p><strong>Debt Management:</strong> With a high debt-to-equity ratio of <strong>12.26</strong>, Redwood Trust faces challenges in effectively managing its debt levels, indicating potential financial strain.</p>
<h2>Understanding the Relevance of Analyst Ratings</h2>
<p>Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.</p>
<p>Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Critical Insights From Redwood Trust Analyst Ratings: What You Need To Know

<p>Whales with a lot of money to spend have taken a noticeably bearish stance on <strong>Altria Group</strong>.</p>
<p>Looking at options history for Altria Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MO#NYSE">MO</a>) we detected 8 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 50% with bearish.</p>
<p>From the overall spotted trades, 3 are puts, for a total amount of $113,510 and 5, calls, for a total amount of $271,878.</p>
<h3>Expected Price Movements</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $35.0 to $50.0 for Altria Group over the last 3 months. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Altria Group's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Altria Group's substantial trades, within a strike price spectrum from $35.0 to $50.0 over the preceding 30 days.</p>
<h3>Altria Group 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722880861_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$5.35</td>
<td>$5.25</td>
<td>$5.35</td>
<td>$45.00</td>
<td>$96.2K</td>
<td>12.8K</td>
<td style="text-align: right;">200</td>
</tr>
<tr>
<td>MO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$15.2</td>
<td>$14.65</td>
<td>$15.2</td>
<td>$35.00</td>
<td>$60.8K</td>
<td>3.7K</td>
<td style="text-align: right;">42</td>
</tr>
<tr>
<td>MO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$2.95</td>
<td>$2.73</td>
<td>$2.95</td>
<td>$50.00</td>
<td>$48.9K</td>
<td>2.9K</td>
<td style="text-align: right;">198</td>
</tr>
<tr>
<td>MO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$2.24</td>
<td>$2.12</td>
<td>$2.12</td>
<td>$50.00</td>
<td>$44.3K</td>
<td>6.9K</td>
<td style="text-align: right;">58</td>
</tr>
<tr>
<td>MO</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/09/24</td>
<td>$1.28</td>
<td>$1.21</td>
<td>$1.25</td>
<td>$49.00</td>
<td>$37.5K</td>
<td>3.5K</td>
<td style="text-align: right;">313</td>
</tr>
</tbody>
</table>
</p>
<h3>About Altria Group</h3>
<p>Altria comprises Philip Morris USA, us Smokeless Tobacco, John Middleton, Horizon Innovations, and Helix Innovations. Through its tobacco subsidiaries, Altria maintains the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the us with 42% annual share in 2023. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev, a 42% stake in cannabis manufacturer Cronos, acquired Njoy Holdings in 2023, and operates a joint venture with Japan Tobacco in the heated tobacco category. It also recently disposed of its investment in Juul Labs.</p>
<p>In light of the recent options history for Altria Group, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Present Market Standing of Altria Group</h3>
<ul>
<li>Trading volume stands at 7,836,513, with MO's price down by -3.74%, positioned at $49.16.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 80 days.</li>
</ul>
<h3>What Analysts Are Saying About Altria Group</h3>
<p>In the last month, 2 experts released ratings on this stock with an average target price of $51.0.</p>
<ul>
<li>An analyst from Stifel persists with their Buy rating on Altria Group, maintaining a target price of $54. </li>
<li>An analyst from B of A Securities persists with their Neutral rating on Altria Group, maintaining a target price of $48. </li>
</ul>
<p>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 Altria Group options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Options

Spotlight on Altria Group: Analyzing the Surge in Options Activity

<p>In the preceding three months, 4 analysts have released ratings for Beacon Roofing Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BECN#NASDAQ">BECN</a>), presenting a wide array of perspectives from bullish to bearish.</p>
<p>The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets, analyzed by analysts, offer insights with an average target of $110.0, a high estimate of $117.00, and a low estimate of $95.00. Highlighting a 0.68% decrease, the current average has fallen from the previous average price target of $110.75. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722880859_0.png" alt="price target chart" /></p>
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
<p>An in-depth analysis of recent analyst actions unveils how financial experts perceive Beacon Roofing Supply. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Trey Grooms</td>
<td>Stephens &amp; Co.</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$95.00</td>
<td>$107.00</td>
</tr>
<tr>
<td>Mike Dahl</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$113.00</td>
<td>$119.00</td>
</tr>
<tr>
<td>David Manthey</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$115.00</td>
<td>$117.00</td>
</tr>
<tr>
<td>Michael Rehaut</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$117.00</td>
<td>$100.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Beacon Roofing Supply. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Beacon Roofing Supply compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts predict movements in price targets, offering estimates for Beacon Roofing Supply's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>For valuable insights into Beacon Roofing Supply's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/BECN/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Beacon Roofing Supply analyst ratings.</strong></a></p>
<h2>Delving into Beacon Roofing Supply's Background</h2>
<p>Beacon Roofing Supply Inc manufactures and sells roofing and building materials throughout the United States and Canada. Beacon's key customers consist of contractors, home builders, lumberyards, retailers, wholesale distributors, and building materials suppliers. The company's product portfolio includes both residential and non-residential roofing materials, siding, windows, and waterproofing systems. The majority of revenue is generated from residential and non-residential roofing products. The vast majority of Beacon's revenue comes from the United States.</p>
<h3>Beacon Roofing Supply: Delving into Financials</h3>
<p><strong>Market Capitalization Analysis:</strong> 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.</p>
<p><strong>Revenue Growth:</strong> Beacon Roofing Supply'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 <strong>39.86%</strong>. 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 Industrials sector.</p>
<p><strong>Net Margin:</strong> Beacon Roofing Supply's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of <strong>4.76%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Beacon Roofing Supply's ROE stands out, surpassing industry averages. With an impressive ROE of <strong>7.08%</strong>, the company demonstrates effective use of equity capital and strong financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> Beacon Roofing Supply's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of <strong>1.8%,</strong> the company may face hurdles in generating optimal returns from its assets.</p>
<p><strong>Debt Management:</strong> With a below-average debt-to-equity ratio of <strong>2.11</strong>, Beacon Roofing Supply adopts a prudent financial strategy, indicating a balanced approach to debt management.</p>
<h2>How Are Analyst Ratings Determined?</h2>
<p>Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


BECN

Expert Outlook: Beacon Roofing Supply Through The Eyes Of 4 Analysts

<p>Investors with a lot of money to spend have taken a bearish stance on <strong>Tenet Healthcare</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THC#NYSE">THC</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with THC, it often means somebody knows something is about to happen.</p>
<p>Today, Benzinga's options scanner spotted 14 options trades for <strong>Tenet Healthcare</strong>.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 35% bullish and 42%, bearish.</p>
<p>Out of all of the options we uncovered, there was 1 put, for a total amount of $40,882, and 13, calls, for a total amount of $438,450.</p>
<h3>Expected Price Movements</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $135.0 to $160.0 for Tenet Healthcare over the recent three months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Tenet Healthcare's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Tenet Healthcare's significant trades, within a strike price range of $135.0 to $160.0, over the past month.</p>
<h3>Tenet Healthcare Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722880855_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>THC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$2.35</td>
<td>$2.05</td>
<td>$2.3</td>
<td>$150.00</td>
<td>$45.9K</td>
<td>1.6K</td>
<td style="text-align: right;">209</td>
</tr>
<tr>
<td>THC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$2.85</td>
<td>$1.85</td>
<td>$1.8</td>
<td>$135.00</td>
<td>$40.8K</td>
<td>920</td>
<td style="text-align: right;">227</td>
</tr>
<tr>
<td>THC</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$14.6</td>
<td>$13.4</td>
<td>$13.9</td>
<td>$145.00</td>
<td>$40.3K</td>
<td>920</td>
<td style="text-align: right;">78</td>
</tr>
<tr>
<td>THC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$15.4</td>
<td>$13.9</td>
<td>$14.0</td>
<td>$145.00</td>
<td>$39.2K</td>
<td>920</td>
<td style="text-align: right;">78</td>
</tr>
<tr>
<td>THC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$16.8</td>
<td>$14.3</td>
<td>$15.0</td>
<td>$145.00</td>
<td>$36.0K</td>
<td>920</td>
<td style="text-align: right;">49</td>
</tr>
</tbody>
</table>
</p>
<h3>About Tenet Healthcare</h3>
<p>Tenet Healthcare is a Dallas-based healthcare services organization. It operates a collection of hospitals (about 50 as of July 2024) and over 500 ambulatory surgery centers and other outpatient facilities across the U.S., primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.</p>
<p>After a thorough review of the options trading surrounding Tenet Healthcare, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Where Is Tenet Healthcare Standing Right Now?</h3>
<ul>
<li>With a volume of 1,535,704, the price of THC is up 3.39% at $146.56. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 84 days.</li>
</ul>
<h3>Expert Opinions on Tenet Healthcare</h3>
<p>5 market experts have recently issued ratings for this stock, with a consensus target price of $153.6.</p>
<ul>
<li>An analyst from Cantor Fitzgerald has revised its rating downward to Overweight, adjusting the price target to $112. </li>
<li>An analyst from Truist Securities downgraded its action to Buy with a price target of $170. </li>
<li>An analyst from Barclays persists with their Overweight rating on Tenet Healthcare, maintaining a target price of $156. </li>
<li>An analyst from Truist Securities persists with their Buy rating on Tenet Healthcare, maintaining a target price of $155. </li>
<li>Maintaining their stance, an analyst from Raymond James continues to hold a Strong Buy rating for Tenet Healthcare, targeting a price of $175. </li>
</ul>
<p>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.</p>
<p>If you want to stay updated on the latest options trades for Tenet Healthcare, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Check Out What Whales Are Doing With THC

<p>Financial giants have made a conspicuous bullish move on Datadog. Our analysis of options history for Datadog (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) revealed 11 unusual trades.</p>
<p>Delving into the details, we found 45% of traders were bullish, while 36% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $993,795, and 3 were calls, valued at $125,800.</p>
<h3>Expected Price Movements</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $85.0 to $120.0 for Datadog over the recent three months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Datadog's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Datadog's substantial trades, within a strike price spectrum from $85.0 to $120.0 over the preceding 30 days.</p>
<h3>Datadog Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722880850_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>DDOG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$13.3</td>
<td>$13.0</td>
<td>$13.0</td>
<td>$85.00</td>
<td>$518.7K</td>
<td>821</td>
<td style="text-align: right;">400</td>
</tr>
<tr>
<td>DDOG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/09/24</td>
<td>$11.7</td>
<td>$11.1</td>
<td>$11.15</td>
<td>$112.00</td>
<td>$159.4K</td>
<td>387</td>
<td style="text-align: right;">153</td>
</tr>
<tr>
<td>DDOG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/09/24</td>
<td>$9.8</td>
<td>$7.7</td>
<td>$9.8</td>
<td>$105.00</td>
<td>$98.0K</td>
<td>276</td>
<td style="text-align: right;">30</td>
</tr>
<tr>
<td>DDOG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$19.85</td>
<td>$18.9</td>
<td>$19.85</td>
<td>$120.00</td>
<td>$71.4K</td>
<td>1.2K</td>
<td style="text-align: right;">36</td>
</tr>
<tr>
<td>DDOG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$10.85</td>
<td>$10.55</td>
<td>$10.73</td>
<td>$105.00</td>
<td>$53.6K</td>
<td>46</td>
<td style="text-align: right;">61</td>
</tr>
</tbody>
</table>
</p>
<h3>About Datadog</h3>
<p>Datadog is a cloud-native company that focuses on analyzing machine data. The firm's product portfolio, delivered via software as a service, allows a client to monitor and analyze its entire IT infrastructure. Datadog's platform can ingest and analyze large amounts of machine-generated data in real time, allowing clients to utilize it for a variety of applications throughout their businesses.</p>
<p>Having examined the options trading patterns of Datadog, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Present Market Standing of Datadog</h3>
<ul>
<li>With a trading volume of 3,507,559, the price of DDOG is down by -1.72%, reaching $105.41.</li>
<li>Current RSI values indicate that the stock is may be oversold.</li>
<li>Next earnings report is scheduled for 3 days from now.</li>
</ul>
<h3>Expert Opinions on Datadog</h3>
<p>In the last month, 4 experts released ratings on this stock with an average target price of $149.5.</p>
<ul>
<li>In a cautious move, an analyst from Evercore ISI Group downgraded its rating to Outperform, setting a price target of $150. </li>
<li>Showing optimism, an analyst from Mizuho upgrades its rating to Outperform with a revised price target of $155. </li>
<li>Showing optimism, an analyst from BTIG upgrades its rating to Buy with a revised price target of $143. </li>
<li>Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Overweight with a new price target of $150.</li>
</ul>
<p>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 Datadog with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


DDOG

Check Out What Whales Are Doing With DDOG

<p>DHI Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHX#NYSE">DHX</a>) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.</p>
<p>The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets, analyzed by analysts, offer insights with an average target of $7.0, a high estimate of $7.00, and a low estimate of $7.00. This current average is unchanged from the previous average price target. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722880841_0.png" alt="price target chart" /></p>
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
<p>A comprehensive examination of how financial experts perceive DHI Group is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Gary Prestopino</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$7.00</td>
<td>$7.00</td>
</tr>
<tr>
<td>Gary Prestopino</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$7.00</td>
<td>$7.00</td>
</tr>
<tr>
<td>Gary Prestopino</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$7.00</td>
<td>$7.00</td>
</tr>
<tr>
<td>Gary Prestopino</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$7.00</td>
<td>$7.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to DHI Group. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of DHI Group compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts gauge the dynamics of price targets, providing estimates for the future value of DHI Group's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of DHI Group's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/DHX/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on DHI Group analyst ratings.</strong></a></p>
<p>If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.</p>
<h2>Unveiling the Story Behind DHI Group</h2>
<p>DHI Group Inc is a provider of artificial intelligence-powered software products, online tools and services to deliver career marketplaces to candidates and employers globally. DHI's brands includes Dice and ClearanceJobs enable recruiters and hiring managers to efficiently search, match and connect with skilled technologists in specialized fields, particularly technology and those with active government security clearances. The company derive the majority of revenue came from the sale of recruitment packages, which allow customers to promote jobs on our websites and source candidates through their resume databases. Recruitment packages are typically provided through contractual arrangements with annual, quarterly or monthly payment terms.</p>
<h3>DHI Group: Financial Performance Dissected</h3>
<p><strong>Market Capitalization Analysis:</strong> Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Decline in Revenue:</strong> Over the 3 months period, DHI Group faced challenges, resulting in a decline of approximately <strong>-6.72%</strong> in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Communication Services sector, the company faces challenges, achieving a growth rate lower than the average among peers.</p>
<p><strong>Net Margin:</strong> DHI Group's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of <strong>-4.2%,</strong> the company may encounter challenges in effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> DHI Group's ROE stands out, surpassing industry averages. With an impressive ROE of <strong>-1.41%</strong>, the company demonstrates effective use of equity capital and strong financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> DHI Group's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of <strong>-0.66%,</strong> the company showcases efficient use of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> With a below-average debt-to-equity ratio of <strong>0.46</strong>, DHI Group adopts a prudent financial strategy, indicating a balanced approach to debt management.</p>
<h2>The Significance of Analyst Ratings Explained</h2>
<p>Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


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