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Himalaya Shipping (NYSE:HSHP) Stock, Option Chain

Himalaya Shipping Ltd is an independent dry bulk company that focuses on owning and operating its Newcastlemax dry bulk carriers.

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News

Pre-Market Outlook

Markets

Movers

Trading Ideas

CDNA

HSHP

JFIN

LSEA

ORGO

QRTEB

CareDx, JD.com And Other Big Stocks Moving Lower In Tuesday&#39;s Pre-Market Session

ULTA, Ulta Beauty

DNTH

EOSE

ESTC

ULTA

Ulta Beauty Reports Downbeat Results, Joins Elastic And Other Big Stocks Moving Lower In Friday&#39;s Pre-Market Session

APLD

BWLP

LQDA

MREO

SERV

SHAK

Liquidia, Shake Shack And Other Big Stocks Moving Lower In Monday&#39;s Pre-Market Session

Himalaya Shipping Ltd

HILL & SMITH HOLDINGS by Hill & Smith Holdings Plc.

Hill & Smith PLC

WIIM

NTNX

Nutanix shares are trading higher after the company reported better-than-expected Q1 financial results. Also, Needham and Northland Capital Markets raised their respective price targets on the stock.

HP shares are trading lower after the company reported Q4 financial results and issued Q1 adjusted EPS guidance below estimates.

<p>Baird  analyst Mark Altschwager   maintains Urban Outfitters (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/URBN#NASDAQ">URBN</a>) with a Neutral and raises the price target from $47 to $49.</p>


Price Target

Analyst Ratings

URBN

Baird Maintains Neutral on Urban Outfitters, Raises Price Target to $49

<p>Small Cap Consumer Research  analyst Eric Beder   maintains Guess (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GES#NYSE">GES</a>) with a Buy and lowers the price target from $29 to $23.</p>


Small Cap Consumer Research Maintains Buy on Guess, Lowers Price Target to $23

Earnings

SGBX

Safe & Green Holdings Q3 EPS $(1.78), Sales $1.75M Down From $4.00M YoY

<p>On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/11/26/final-trades-amazon-charter-lockheed-martin-rockwell-automation.html">Halftime Report Final Trades</a>,&#8221; <strong>Joshua Brown</strong> of Ritholtz Wealth Management said <strong>Amazon.com, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) <a href="https://www.benzinga.com/quote/AMZN/analyst-ratings">looks good.</a></p>
<p>On Tuesday, Redburn Atlantic analyst Alex Haissl maintained Amazon with a Buy and raised the price target from $225 to $235, while MoffettNathanson analyst Michael Morton maintained the stock with a Buy and increased the price target from $235 to $248.</p>
<p><strong>Karen Firestone</strong> of Aureus Asset Management said three good things are happening in <strong>Charter Communications, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>), i.e. increasing subs, lower capex and buying stock back.</p>
<p>On Nov. 13, Charter Communications announced it would acquire Liberty Broadband in an all-stock transaction.</p>
<ul>
<li><strong>Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a></strong></li>
</ul>
<p><strong>Jim Lebenthal</strong> of Cerity Partners named <strong>Lockheed Martin Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) as his final trade.</p>
<p>On Oct. 22, the company reported net sales growth of 1.3% year-over-year to $17.104 billion, missing the consensus of $17.351 billion. Adjusted EPS of $6.84, up from $6.77 in the prior year, topped the consensus of $6.50.</p>
<p><strong>Stephanie Link</strong> of Hightower picked <strong>Rockwell Automation, Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>).</p>
<p>On Tuesday, Baird analyst Richard Eastman maintained Rockwell Automation with an Outperform rating and raised the price target from $290 to $305.</p>
<p><strong>Price Action:</strong></p>
<ul>
<li>Amazon shares gained 3.2% to close at $207.86 on Tuesday.</li>
<li>Charter Communications shares gained by 1.5% to settle at $390.29 during Tuesday's session.</li>
<li>Lockheed Martin shares fell by 0.1% to close at $521.45 during Tuesday's session.</li>
<li>Rockwell Automation fell by 0.9% to settle at $296.00 during the session.</li>
</ul>
<p><strong>Check This Out: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/42188912/jim-cramer-linde-is-a-terrific-company-sees-another-stock-up-75-as-not-done">Jim Cramer: Linde Is A &#8216;Terrific&#8217; Company, Sees Another Stock Up 75% As &#8216;Not Done&#8217;</a></strong></li>
</ul>
<p><em>Image created using artificial intelligence via Midjourney.</em></p>


Long Ideas

Media

AMZN

CHTR

Amazon, Lockheed Martin, Rockwell Automation And A Major Telecommunications Stock On CNBC's 'Final Trades'

<p>Shares of&nbsp;<strong>Dell Technologies Inc.</strong>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) fell sharply by 11.46% in pre-market trading on Wednesday, as per <a href="https://pro.benzinga.com/">Benzinga Pro</a>. This significant decline was triggered by the company&#8217;s release of a revenue forecast that failed to meet market expectations.</p>
<p>On Tuesday,&nbsp;Dell&nbsp;announced its projection for fourth-quarter revenue, estimating it to be&nbsp;between $24 billion and $25&nbsp;billion. This forecast was below the average analyst expectation of $25.57 billion by <a href="https://www.londonstockexchange.com/market-stock/0A7D/dell-technologies-inc/overview">LSEG</a>. The forecast for the upcoming quarter&#8217;s revenue and earnings did not meet Wall Street&#8217;s expectations, even though the company expressed optimism about AI sales growth.</p>
<p>Meanwhile, based on the ratings of 22 analysts compiled by Benzinga, the company has a consensus price target of $121.73. The three most recent analyst ratings by <strong>Evercore ISI Group, Wells Fargo, and Morgan Stanley</strong> on Nov. 20, Nov. 18, and Nov. 11, respectively estimated an average price target of $154.67, implying a 23.62% upside for Dell.</p>
<p><figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/27080021/Screenshot-2024-11-27-at-6.26.49%E2%80%AFPM-1024x375.png" alt="" class="wp-image-667284" /></figure></p>
<p>The company&#8217;s quarterly revenue <a href="https://www.benzinga.com/news/earnings/24/11/42201885/dell-technologies-shares-drop-after-q3-revenue-misses-estimates-details">was reported at $24.37 billion</a>, which was below&nbsp;the consensus estimate of $24.65&nbsp;billion, yet it showed an increase from $22.25 billion in&nbsp;the same period last year.&nbsp;The company exceeded earnings expectations for the third quarter, reporting $2.15 per share compared to the consensus estimate of $2.05.</p>
<p><strong>Read Also:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/equities/24/11/42153356/is-warren-buffett-preparing-for-a-market-downturn-with-berkshire-hathaways-325b-cash-pile-analyst-says-internet-bubble-and-2008-crash-may-have-lessons?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Is Warren Buffett Preparing For A Market Downturn With Berkshire Hathaway&#8217;s $325B Cash Pile? Analyst Says&nbsp;Internet Bubble And 2008 Crash May Have Lessons</a></strong></li>
</ul>
<p><strong><em>Disclaimer</em></strong><em>: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.</em></p>
<p><em>Photo: Moment Capsule/Shutterstock.com</em></p>


Equities

General

DELL

Dell Plunges 11% In Pre-Market On Wednesday After Q4 Forecasts Falls Short Of Wall Street Estimates

<p>FTC Solar,&nbsp;Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTCI#NASDAQ">FTCI</a>) ("FTC Solar"), a leading provider of solar tracker systems, today announced that it will implement a reverse stock split of its issued and outstanding Common Stock at a ratio of 1-for-10, effective at 5:00 PM Eastern Time on November&nbsp;29, 2024, to satisfy the Nasdaq Capital Market's minimum $1.00 bid price per share requirement. The reverse stock split will be effected simultaneously for all outstanding shares of the Company's Common Stock and will affect all of the Company's stockholders uniformly.</p>
<p>FTC Solar's Common Stock will continue to trade on the Nasdaq Capital Market under the Company's existing trading symbol "FTCI" and will begin trading on a split-adjusted basis at the commencement of trading on December 2, 2024. The new CUSIP number for the common stock following the reverse split will be: 30320C&nbsp;301.</p>


Stock Split

FTCI

FTC Solar Announces 1-For10 Reverse Stock Split, Will Begin Trading On A Split-Adjusted Basis At The Commencement Of Trading On December 2, 2024

<p>Jefferies  analyst Omar Nokta   maintains Frontline (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FRO#NYSE">FRO</a>) with a Buy and maintains $26 price target.</p>


Jefferies Maintains Buy on Frontline, Maintains $26 Price Target

<p>Baird  analyst Mark Altschwager   maintains Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) with a Outperform and raises the price target from $315 to $330.</p>


BURL

Baird Maintains Outperform on Burlington Stores, Raises Price Target to $330

<p>ABL Technologies, LLC ("ABL Tech"), a groundbreaking technology platform that revolutionizes how organizations manage and reconcile mortality data, and a subsidiary of Abacus Life, Inc. ("Abacus") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABL#NASDAQ">ABL</a>), today announced it is providing a preferred equity investment to Insured Connect, an insurance data and technology platform that connects carriers, distributors and agents. This investment will enable Insured Connect to meet the growing demand for its innovative data &amp; technology, while solidifying Abacus's growth in innovative technology related to longevity and distribution of new insurance products.</p>


Abacus Life's ABL Tech Announces It Is Providing A Preferred Equity Investment To Insured Connect, An Insurance Data And Technology Platform That Connects Carriers, Distributors And Agents

<p>Baird  analyst Timothy Wojs   maintains American Woodmark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMWD#NASDAQ">AMWD</a>) with a Outperform and raises the price target from $115 to $118.</p>


AMWD

Baird Maintains Outperform on American Woodmark, Raises Price Target to $118

<p>—<i> Dosing Regimen to be Evaluated in Recently Initiated RLYB212 Phase 2 Clinical Trial </i>—</p>
<p>Rallybio Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RLYB#NASDAQ">RLYB</a>), a clinical-stage biotechnology company translating scientific advances into transformative therapies for patients with devastating rare diseases, today announced the publication of a manuscript titled, "Informing Pregnancy Dose via Target-Mediated Drug Disposition Modeling and Simulations for a Recombinant Human Monoclonal Antibody," in a special pregnancy themed issue of <i>Clinical Pharmacology and Therapeutics: Pharmacometrics &amp; Systems Pharmacology</i>.</p>


Biotech

RLYB

Rallybio Announces Publication Of Target-Mediated Drug Disposition Modeling And Simulations Informing The RLYB212 Dosing Regimen In Pregnant Women; Dosing Regimen To Be Evaluated In Recently Initiated RLYB212 Phase 2 Clinical Trial

Aim Immunotech Announced Cash Conservation Plan; Independent Board Members To Receive 100% Of Director Compensation In Aim Stock

<p>Across the recent three months, 11 analysts have shared their insights on Victoria's Secret (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>), expressing a variety of opinions spanning from bullish to bearish.</p>
<p>The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">5</td>
<td align="right">2</td>
<td align="right">1</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">2</td>
<td align="right">1</td>
</tr>
</tbody>
</table>
<p>Analysts have recently evaluated Victoria's Secret and provided 12-month price targets. The average target is $28.18, accompanied by a high estimate of $40.00 and a low estimate of $19.00. This current average reflects an increase of 19.2% from the previous average price target of $23.64. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1732712505_0.png" alt="price target chart" /></p>
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
<p>The analysis of recent analyst actions sheds light on the perception of Victoria's Secret by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$40.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Corey Tarlowe</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$40.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Ike Boruchow</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$33.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Simeon Siegel</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$33.00</td>
<td>$29.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$27.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$25.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Alex Straton</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$23.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Jonna Kim</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$26.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$23.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Brooke Roach</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Sell</td>
<td>$19.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Alice Xiao</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Underperform</td>
<td>$21.00</td>
<td>$18.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Victoria's Secret. This offers insight into 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 Victoria's Secret compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts predict movements in price targets, offering estimates for Victoria's Secret's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>Capture valuable insights into Victoria's Secret'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/VSCO/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Victoria's Secret analyst ratings.</strong></a></p>
<h2>Discovering Victoria's Secret: A Closer Look</h2>
<p>Victoria's Secret &amp; Co is a specialty retailer of lingerie, pajamas, and beauty products with prestige fragrances and body care. It serves customers at its Lingerie and Beauty stores around the globe and online enabling them to shop the brand anywhere and anytime. The Company operates as a single segment designed to serve customers worldwide seamlessly through stores and online channels.</p>
<h3>Victoria's Secret: A Financial Overview</h3>
<p><strong>Market Capitalization Perspectives:</strong> The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.</p>
<p><strong>Negative Revenue Trend:</strong> Examining Victoria's Secret's financials over 3 months reveals challenges. As of 31 July, 2024, the company experienced a decline of approximately <strong>-0.7%</strong> in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.</p>
<p><strong>Net Margin:</strong> Victoria's Secret's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of <strong>2.26%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Victoria's Secret's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>7.15%</strong> ROE, the company effectively utilizes shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of <strong>0.71%,</strong> the company may need to address challenges in generating satisfactory returns from its assets.</p>
<p><strong>Debt Management:</strong> Victoria's Secret's debt-to-equity ratio surpasses industry norms, standing at <strong>5.95</strong>. This suggests the company carries a substantial amount of debt, posing potential financial challenges.</p>
<h2>Understanding the Relevance of Analyst Ratings</h2>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


VSCO

Deep Dive Into Victoria's Secret Stock: Analyst Perspectives (11 Ratings)

<p>Urban Outfitters (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/URBN#NASDAQ">URBN</a>) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.</p>
<p>The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $47.75, a high estimate of $59.00, and a low estimate of $42.00. This upward trend is apparent, with the current average reflecting a 13.02% increase from the previous average price target of $42.25.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1732712477_0.png" alt="price target chart" /></p>
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
<p>The perception of Urban Outfitters by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$46.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Paul Lejuez</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$59.00</td>
<td>$42.00</td>
</tr>
<tr>
<td>Paul Lejuez</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$42.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$44.00</td>
<td>$44.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Urban Outfitters. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Urban Outfitters compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts predict movements in price targets, offering estimates for Urban Outfitters's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Urban Outfitters'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/URBN/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Urban Outfitters analyst ratings.</strong></a></p>
<h2>Discovering Urban Outfitters: A Closer Look</h2>
<p>Founded in 1970, Philadelphia-based Urban Outfitters is an apparel and home goods retailer that operates more than 700 stores and e-commerce in the United States (87.5% of fiscal 2024 sales) and other regions. Its retail nameplates are Urban Outfitters, Free People, FP Movement, and Anthropologie. Retail accounted for 91% of fiscal 2024 revenue, but the firm also sells products through a wholesale operation, owns some restaurants, and operates a clothing rental and resale business called Nuuly (5% of sales). Urban Outfitters primarily markets to young adults and offers products in categories such as apparel (66% of sales), home goods (16% of sales), accessories (13% of sales), and more.</p>
<h3>Urban Outfitters's Economic Impact: An Analysis</h3>
<p><strong>Market Capitalization Perspectives:</strong> The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.</p>
<p><strong>Revenue Growth:</strong> Urban Outfitters displayed positive results in 3 months. As of 31 July, 2024, the company achieved a solid revenue growth rate of approximately <strong>6.27%</strong>. This indicates a notable increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.</p>
<p><strong>Net Margin:</strong> Urban Outfitters's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>8.69%</strong> net margin, the company effectively manages costs and achieves strong profitability.</p>
<p><strong>Return on Equity (ROE):</strong> Urban Outfitters's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>5.34%</strong> ROE, the company effectively utilizes shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Urban Outfitters's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>2.78%</strong> ROA, the company effectively utilizes its assets for optimal returns.</p>
<p><strong>Debt Management:</strong> Urban Outfitters's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>0.49</strong>.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. </p>
<p>Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.</p>
<p><strong>Breaking: Wall Street's Next Big Mover</strong></p>
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<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Evaluating Urban Outfitters: Insights From 4 Financial Analysts

<p>Baird  analyst Michael Bellisario   initiates coverage on Expedia Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>) with a Outperform rating and announces Price Target of $225.</p>


Initiation

EXPE

Baird Initiates Coverage On Expedia Group with Outperform Rating, Announces Price Target of $225

<p>President-elect <strong>Donald Trump</strong>&#8216;s move to impose 25% tariffs on Canada can thwart the growth of the stock markets and affect corporate profits, inflation, transportation and oil marketing companies.</p>
<p><strong>What Happened: </strong>This comes as Goldman Sachs head of commodities research, <strong>Daan Struyven</strong> told <a href="https://www.bloomberg.com/news/articles/2024-11-27/goldman-sees-significant-hit-to-us-from-trump-s-canada-tariffs">Bloomberg </a>that &#8220;The 25% levy on all products from Canada proposed by Trump would likely raise the price of fuels in the U.S.&#8221;</p>
<p>&#8220;He said that tariffs could significantly affect U.S. consumers, U.S. refiners, and Canadian producers," on Wednesday. In order for American producers to export more of their own oil, the U.S. imports almost 4 million barrels of Canadian crude a day. Struyven added that this could be a &#8220;negotiating tool.&#8221;</p>
<p>"Given the focus from Trump to lower energy costs, we think Canada tariffs are somewhat unlikely,&#8221; he added</p>
<p>U.S. and Canada along with Mexico signed the United States–Mexico–Canada Agreement as an update to North American Free Trade Agreement, or NAFTA in 2020. It allowed for mostly duty-free trade between the three countries. Trump&#8217;s threat of tariffs would seem to violate the terms.</p>
<p><strong>Also read:</strong> <a href="https://www.benzinga.com/general/market-summary/24/11/42206673/trumps-running-mate-vice-president-pick-and-venture-capitalist-jd-vance-holds-etfs-bitcoin-and-more-here-is-a-look-at-his-portfolio">JD Vance&#8217;s Investment Playbook Has Bitcoin And ETFs: Here&#8217;s What Else The VP-Elect Is Betting On</a></p>
<p><strong>Why It Matters: </strong>As higher Canadian tariffs could raise the domestic fuel prices in the U.S., it will impact the corporate profits of many companies and increase both, consumer and producer price inflation.</p>
<p>The input costs of transportation and oil marketing companies can increase, which may lower their profits and stock prices. Also, investors may want to short the stocks of these companies when oil prices are high.</p>
<p>A few of the many transportation companies that would get affected by this include, <strong>Union Pacific Corp </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>), <strong>CSX Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>), <strong>Uber Technologies Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), <strong>Old Dominion Freight Line Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>), <strong>TFI International Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFII#NYSE">TFII</a>), <strong>Knight-Swift Transportation Holdings Inc </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>), <strong>XPO Inc </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPO#NYSE">XPO</a>) and <strong>Alaska Air Group, Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>).</p>
<p>Similarly, companies like <strong>Chevron Corp</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>), <strong>Exxon Mobil Corp </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>), <strong>BP plc </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>), <strong>TotalEnergies SE </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTE#NYSE">TTE</a>), <strong>Shell PLC</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>), <strong>Enbridge Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>), and <strong>ConocoPhillips</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>) are a few oil marketing companies that my bear the direct brunt of this.</p>
<p><strong>Read next: </strong><a href="https://www.benzinga.com/markets/equities/24/11/42186167/michael-saylors-microstrategy-convertible-notes-to-buy-bitcoin-offer-no-interest-so-why-are-investors-rushing-to-buy-them">Michael Saylor&#8217;s MicroStrategy Convertible Notes To Buy Bitcoin Offer No Interest, So Why Are Investors Rushing To Buy Them?</a></p>
<p><em>Photo by Hamara via Shutterstock</em></p>


Macro Economic Events

Macro Notification

Market Summary

Economics

ODFL

SHEL

TFII

UBER

Trump's Tariff Threat To Canada May Disrupt Oil Markets, Inflate Prices: 'Would Likely Raise The Price Of Fuels,' Says Analyst

<p>Telsey Advisory Group  analyst Joseph Feldman   maintains Kroger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>) with a Outperform and raises the price target from $62 to $65.</p>


Telsey Advisory Group Maintains Outperform on Kroger, Raises Price Target to $65

<p>7 analysts have expressed a variety of opinions on Vince Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNCE#NYSE">VNCE</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.</p>
<p>The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">7</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>Analysts have set 12-month price targets for Vince Holding, revealing an average target of $3.0, a high estimate of $3.00, and a low estimate of $3.00. This current average is unchanged from the previous average price target. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1732712463_0.png" alt="price target chart" /></p>
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
<p>The perception of Vince Holding by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Vince Holding. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Vince Holding compared to the broader market.</li>
<li><strong>Price Targets:</strong> Delving into movements, analysts provide estimates for the future value of Vince Holding's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
<p>Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Vince Holding's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/VNCE/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Vince Holding analyst ratings.</strong></a></p>
<p>If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.</p>
<h2>Delving into Vince Holding's Background</h2>
<p>Vince Holding Corp is a fashion brand that is engaged in wholesale and retail delivery of luxury essentials like women's and men's apparel, women's and men's footwear, and handbags. Its offers women's collections of luxurious cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and a growing assortment of outerwear. It focuses on developing an elevated collection of Vince apparel and accessories to serve the luxurious need of the customer. The company manages its business in three segments namely Vince Wholesale, Vince Direct-to-consumer, and Rebecca Taylor and Parker segment. It operates its e-commerce business through its website. Majority of its revenue generated from Vince Wholesale segment.</p>
<h3>Vince Holding: A Financial Overview</h3>
<p><strong>Market Capitalization Perspectives:</strong> The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.</p>
<p><strong>Revenue Growth:</strong> Vince Holding displayed positive results in 3 months. As of 31 July, 2024, the company achieved a solid revenue growth rate of approximately <strong>6.8%</strong>. This indicates a notable increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.</p>
<p><strong>Net Margin:</strong> Vince Holding's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>0.77%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Vince Holding's ROE stands out, surpassing industry averages. With an impressive ROE of <strong>1.09%</strong>, the company demonstrates effective use of equity capital and strong financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> Vince Holding's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of <strong>0.24%,</strong> the company showcases efficient use of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> Vince Holding's debt-to-equity ratio is notably higher than the industry average. With a ratio of <b>2.76</b>, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


VNCE

Vince Holding Stock: A Deep Dive Into Analyst Perspectives (7 Ratings)

In a report released on June 20, Peter M. E. Christensen from Cleaves Securities maintained a Hold rating on Himalaya Shipping Ltd. (HSHP – Researc...

Cleaves Securities Remains a Hold on Himalaya Shipping Ltd. (HSHP)

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>While <a href="https://investorplace.com/stock-types/blue-chip-stocks/">blue chip stocks</a> are always a good investment portfolio idea, I suggest some smart diversification. And one of the best ways that I know to diversify is to buy highly rated stocks under $10.</p>



<p>Stocks under $10 may not sound interesting, but these names can be a strategic move for anyone wanting to diversify and improve their portfolios. </p>



<p>While cautious investors will associate lower-priced stocks with higher risk, the Portfolio Grader can help you find some outstanding choices to round out a portfolio.</p>



<p>It&rsquo;s important to remember that stocks under $10, when included in a portfolio of blue-chip equities, can expose you to smaller companies with high growth potential. And diversification is important because if you have a falling segment, your gains from other sectors can help you mitigate your losses.</p>



<p>The Portfolio Grader can help you find stocks that are priced low, not because they are struggling but because they are an excellent opportunity. Stocks under $10 could be priced that way because of restructuring or because the company is in an emerging industry.</p>



<p>By evaluating stocks based on momentum, analyst sentiment, revenue growth and earnings performance, you have a better chance of choosing quality stocks under $10 for your portfolio. These seven names are a good place to start.</p>



<h2>Summit Therapeutics (SMMT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/bio1600-300x169.jpg" alt="MRNA Stock Will Continue Its Slump, but a $25 It Will Be a Great Buy"><div>Source: Shutterstock</div></div><p><strong>Summit Therapeutics</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/smmt-stock-quote/"><strong>SMMT</strong></a>) is a biopharmaceutical company that works on the discovery, development and commercialization of therapies for unmet medical needs.</p>



<p>The company currently has two Phase 3 trials underway with its lead candidate, ivonescimab, an investigational bispecific antibody to treat non-small cell lung cancer.</p>



<p>The company recently raised <a href="https://www.smmttx.com/wp-content/uploads/2024/06/2024_PR_0602_Fundraise-and-Expansion-of-Summit-License-Territories-for-Ivonescimab-_-FINAL.pdf">$200 million</a> from an institutional investor for 22.2 million shares of SMMT stock. It plans to use the money to advance the development of ivonescimab, with the goal of completing Phase 3 trials and submitting the treatment to regulators for approval.</p>



<p>That money will be added to the <a href="https://www.smmttx.com/pressrelease/summit-therapeutics-reports-financial-results-and-operational-progress-for-the-first-quarter-ended-march-31-2024/">$157 million</a> the company had on hand at the end of the first quarter, in which it spent $46.2 million on operating expenses. The company doesn&rsquo;t have an income stream yet, so it posted a loss of $34 million, or 5 cents per share, for the first quarter.</p>



<p>SMMT stock is up 196% in 2024 and gets a &ldquo;B&rdquo; rating in the Portfolio Grader.</p>



<h2>Annexon (ANNX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/biotech1600d-300x169.jpg" alt="Image of two scientists in lab coats studying results in a lab. best biotech stocks to buy"><div>Source: Shutterstock</div></div><p><strong>Annexon</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/annx-stock-quote/"><strong>ANNX</strong></a>) is a California-based bioscience company developing treatments for autoimmune, neurodegenerative, and ophthalmic diseases of the body, brain, and eye.</p>



<p>Its impressive pipeline includes a potential treatment for Guillain-Barre syndrome, a rare disorder in which the body&rsquo;s immune system is expected to report Phase 3 trials in the fourth quarter.</p>



<p>It also has Phase 2 trials for potential treatments for geographic atrophy, Huntington&rsquo;s disease and amyotrophic lateral sclerosis, otherwise known as ALS.</p>



<p><a href="https://ir.annexonbio.com/news-releases/news-release-details/annexon-reports-first-quarter-2024-financial-results-and-key">Earnings for the first quarter</a> included $21 million in research and development expenses and $7.6 million in administrative costs. The company has cash and cash equivalents of $264.9 million and expects to have enough money currently to fund operations into mid-2026.</p>



<p>ANNX stock is up 14% this year and gets a &ldquo;B&rdquo; rating in the Portfolio Grader.</p>



<h2>Aurora Cannabis (ACB)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/aurora-cannabis-stock-3-300x169.jpg" alt="aerial view of a cannabis plant in a pot. cannabis stocks"><div>Source: Shutterstock</div></div><p><strong>Aurora Cannabis</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/acb-stock-quote/"><strong>ACB</strong></a>) is a Canadian cannabis company that is considered a leading producer of medical cannabis in Canada.</p>



<p>The company has a variety of medical-use and adult recreational products, including flower products, vapes, edibles, concentrates and more.</p>



<p><a href="https://investorplace.com/industries/healthcare/cannabis/">Cannabis stocks</a> were a hot commodity in 2020 when there was an expectation that the Biden administration and a Democratic-controlled Congress would push through federal legalization of marijuana rather than leaving it to the states. </p>



<p>However, the Covid-19 pandemic and inflationary issues derailed those plans, and federal recreational use is still a pipe dream for Aurora investors.</p>



<p>However, the Justice Department is recommending that cannabis be reclassified from a Schedule 1 to a Schedule 3 drug, which would give marijuana stocks a boost.</p>



<p><a href="https://www.auroramj.com/press-releases/article/?id=123076">Aurora&rsquo;s financial results for the fourth quarter of fiscal 2024</a> (ending March 31) included $67.4 million in revenue, up 5% from the previous year. Medicinal cannabis made up a large part of that increase, as it was up 20% from last year, while adult recreational use was down 29%.</p>



<p>I expect the numbers for adult recreational cannabis to improve. ACB stock is up 15% this year and gets a &ldquo;B&rdquo; rating in the Portfolio Grader.</p>



<h2>Himalaya Shipping (HSHP)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/zim_shipping1600-2-300x169.png" alt="A large ULCV container ship underway, sails on open water fully loaded with containers and cargo - the ZIM San Francisco"><div>Source: ImagineStock / Shutterstock.com</div></div><p>Based in Bermuda,<strong> Himalaya Shipping</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/hshp-stock-quote/"><strong>HSHP</strong></a>) is a new entrant into the shipping business. It just accepted delivery of its 12th dual-fueled dry bulk vessel from a Chinese shipyard, with each ship capable of transporting 210,000 in dead weight tonnage.</p>



<p>As new ships, the fleet of next-generation cargo ships can use liquefied natural gas for propulsion, reducing per-ton emissions by 60%. The company also started paying a monthly dividend in January, and plans to continue the practice that will be popular for income investors.</p>



<p>Earnings for the first quarter of 2024 included revenue of $23.6 million and net income of $2.5 million. Now that the fleet is fully operational, Himalaya Shipping should see those numbers improve.</p>



<p>HSHP stock is up 27% in 2024 and gets an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<h2>Emergent BioSolutions (EBS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/08/ebs-stock-1-300x169.jpg" alt="A mobile phone displays the website for Emergent Biosolutions (EBS)"><div>Source: T. Schneider / Shutterstock.com</div></div><p><strong>Emergent BioSolutions</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/ebs-stock-quote/"><strong>EBS</strong></a>) is a biopharmaceutical company headquartered in Maryland. The company develops vaccines and antibody therapies for infectious diseases and to treat opioid overdoses.</p>



<p>The company has countermeasures to combat some of the most critical public health threats in the world, including smallpox, anthrax and botulism. It also makes a reactive skin decontamination lotion kit among other products.</p>



<p>Meanwhile, its pipeline includes potential treatments for Lassa fever, Ebola, and influenza.</p>



<p>The company is undoubtedly doing important work, and it&rsquo;s being well rewarded. <a href="https://investors.emergentbiosolutions.com/static-files/6f3b9a75-7d44-4585-a6b6-65c067219850">Revenues</a> in the first quarter were $300.4 million, up from $164.3 million in the same quarter a year ago. The company also posted a profit of $9 million after posting a loss of $186.2 million in the first quarter of 2023.</p>



<p>&nbsp;EBS stock is on a roll this year, up 169% so far. It gets a &ldquo;B&rdquo; rating in the Portfolio Grader.</p>



<h2>Reborn Coffee (REBN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/09/coffee_1600-300x169.jpg" alt="NUZE Stock. A photo of a cup of coffee and some coffee beans and a towel on a wooden table. Coffee stocks"><div>Source: Evgeny Karandaev/ShutterStock.com</div></div><p><strong>Reborn Coffee</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/rebn-stock-quote/"><strong>REBN</strong></a>) is a specialty coffee maker. Coffee is one of the most popular drinks in the U.S., with an estimated <a href="https://www.statista.com/topics/9899/coffee-consumption-trends-in-the-united-states/">73%</a> of American consumers acknowledging being a coffee drinker. </p>



<p>It seems there&rsquo;s coffee for every pallet, including high-priced coffeehouse drinks to at-home drip coffee makers that give you a basic cup of joe.</p>



<p>Reborn Coffee is has only 14 locations, mostly in California. But it also offers a subscription service on its website, and makes whole-bean products, pour-over packs and cold brew packs.</p>



<p>It doesn&rsquo;t expect to stay small for long. Reborn announced an <a href="//www.pressviewer.com/profiles/investor/NewsPrint.asp?v=7&amp;b=2799&amp;ID=135032&amp;m=rl&amp;g=2317%27,%27LibDiv%27);">expansion</a> into China and Southeast Asia and plans to open a location in Abu Dhabi. It also has serious <a href="//www.pressviewer.com/profiles/investor/NewsPrint.asp?v=7&amp;b=2799&amp;ID=135157&amp;m=rl&amp;g=2317%27,%27LibDiv%27);">e-commerce</a> plans by making its products available on <strong>Amazon</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/amzn-stock-quote/"><strong>AMZN</strong></a>).</p>



<p>Earnings for the <a href="https://www.reborncoffee.net/news-events/press-releases/#b2iLibScrollTo">fourth quarter of 2023</a> included revenue of $1.8 million, up 109% from the same quarter a year ago. Full-year revenue was $6 million versus $3.2 million in 2022.</p>



<p>REBN stock is up 48% this year and gets a &ldquo;B&rdquo; rating in the Portfolio Grader.</p>



<h2>NuScale Power (SMR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/smr1600-300x169.png" alt="Person holding smartphone with logo of US nuclear power company NuScale Power LLC on screen in front of website. Focus on phone display. Unmodified photo. SMR stock"><div>Source: T. Schneider / Shutterstock.com</div></div><p><strong>NuScale Power</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/smr-stock-quote/"><strong>SMR</strong></a>) is an Oregon company that makes small modular light water nuclear reactors that are expected to help companies phase out coal-powered plants.</p>



<p>The company also is seeking approval for a proposal in Romania that would be the first European project to use small modular light nuclear reactor technology. The effort has $4 billion in commitments for U.S. financial institutions, and the company is hoping to get approval in 2025.</p>



<p>Such a deal would be a massive win for NuScale and its investors.</p>



<p>SMR stock, which has reactors that can provide power in nuclear plants, is under $10 now but probably won&rsquo;t be for long. It is currently up 190% in 2024 and gets a &ldquo;B&rdquo; rating in the Portfolio Grader.</p>



<p><em>On the date of publication, neither Louis&nbsp;Navellier nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
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<p>The post <a href="https://investorplace.com/market360/2024/06/7-top-stocks-under-10-june-2024-edition/">7 Top Stocks Under $10: June 2024 Edition</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Top Stocks Under $10: June 2024 Edition

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