JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS: JEMA)

Latest news for JPMorgan ActiveBuilders Emerging Markets Equity ETF (BATS:JEMA)

Technology

Financial Services

Consumer Cyclical

Other

Communication Services

Consumer Defensive

Industrials

Energy

Basic Materials

Healthcare

Utilities

Real Estate

Under normal circumstances, the Fund invests at least 80% of its Assets in equity securities and equity-related instrumentsthat are tied economically to emerging markets. Assets meansnet assets, plus the amount of borrowings for investmentpurposes. Emerging markets include most countries in the worldexcept Australia, Canada, Japan, New Zealand, the UnitedKingdom, the United States, most of the countries of WesternEurope and Hong Kong, although the Fund may invest in securi-ties tied to those countries as well.

Taiwan Semiconductor Manufacturing Co. Ltd.

Tencent Holdings Ltd

Samsung Electronics Co Ltd Gdr Usd

Infosys Ltd

JPMorgan ActiveBuilders Emerging Markets Equity ETF

Trustmark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMK#NASDAQ">TRMK</a>) reported quarterly earnings of $0.66 per share which beat the analyst consensus estimate of $0.62 by 6.45 percent. This is a 1.49 percent decrease over earnings of $0.67 per share from the same period last year.

Earnings

Earnings Beats

News

TRMK

Trustmark Q2 2024 Adj EPS $0.66 Beats $0.62 Estimate

Apollo Global Management&nbsp;is acquiring U.S. Silica Holdings in a deal expected to close soon pending final closing conditions.&nbsp;

SLCA

SNDR

Schneider National To Replace U.S. Silica Holdings In S&P SmallCap 600, Effective Prior To Opening Of Trading On July 31

JD Sports Fashion Plc (XLON: JD) is acquiring Hibbett in a deal expected to close soon pending final closing conditions.&nbsp;

HIBB

QDEL

QuidelOrtho To Replace Hibbett In S&P SmallCap 600, Effective Prior To Opening Of Trading On July 26

AVTR

Avantor To Replace QuidelOrtho In The S&P MidCap 400, Effective Prior To Opening Of Trading On July 26

First Commonwealth (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCF#NYSE">FCF</a>) reported quarterly earnings of $0.36 per share which beat the analyst consensus estimate of $0.35 by 2.86 percent. This is a 14.29 percent decrease over earnings of $0.42 per share from the same period last year. The company reported quarterly sales of $120.508 million which beat the analyst consensus estimate of $118.431 million by 1.75 percent. This is a 1.75 percent decrease over sales of $122.652 million the same period last year.

First Commonwealth Q2 2024 Adj EPS $0.36 Beats $0.35 Estimate, Sales $120.508M Beat $118.431M Estimate

Bank of America analysts have expressed optimism about the cruise line industry ahead of upcoming earnings reports, forecasting <a href="https://www.benzinga.com/topic/cruise-lines">potential stock price increases.</a>
The analysts highlighted that U.S. airlines are facing pricing challenges due to overcapacity and demand concerns, as noted by Ryanair in their latest earnings report.
&#8220;We view cruise as more insulated from the airline trends given longer booking curves (9+ months vs 3 months)&nbsp;and&nbsp;different supply dynamics,&#8221; Andrew G. Didora, CFA, wrote in a note published Tuesday. 
The expert sees minimal risk to near-term earnings and expects cruise companies to continue reporting strong fundamentals this earnings season, similar to Carnival Corp.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) recent solid results and raised guidance at the end of June.
<h3 class="wp-block-heading">Bank of America Raised Royal Caribbean, Norwegian Cruise Price Targets</h3>
Royal Caribbean Cruise Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) is set to announce its Q2 2024 earnings this Thursday, July 25.
&#8220;We believe our current&nbsp;RCL&nbsp;estimates are reasonable ahead of results,&#8221; Didora said. Bank of America estimates a net yield of +11.0% in Q2 2024, slightly above the high end of guidance at +10-10.5%.
Given the strong trends anticipated in the cruise sector, Bank of America has raised the price objective for Royal Caribbean Cruise Ltd. to $172, while maintaining a Neutral rating.
Norwegian Cruise Line Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) hosted an investor day at the end of May, and Bank of America anticipates similar messaging in the July 31 earnings call: focusing on deleveraging, keeping unit costs below inflation, and achieving mid-single digit net yield growth. 
Bank of America&#8217;s full-year 2024 estimated EBITDA is $2.3 billion (aligning with the Street and slightly above the guidance of $2.25 billion), with their Q2 2024 EPS estimate slightly ahead of guidance at 33 cents compared to the guidance of 32 cents (Street 34 cents).
For Q3 2024, they forecast net yields of +5.9% versus the Street&#8217;s +5%, with EPS of 94 cents compared to the Street&#8217;s 90 cents.
Bank of America has raised the price objective to $23 as they increase their target multiple, reflecting the continued strong industry trends, while maintaining a Neutral rating.
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</ul>
Photo: Shutterstock

Analyst Color

Large Cap

Mid Cap

Price Target

Travel

Econ #s

NCLH

Bank Of America Raises Projections For Cruise Line Stocks: 'More Insulated From The Airline Trends'

Call of Duty: Modern Warfare 3 is reportedly making its debut on <a href="https://www.benzinga.com/topic/xbox-game-pass">Xbox Game Pass this week</a>.
Insider Gaming&#8217;s Tom Henderson is <a href="https://insider-gaming.com/modern-warfare-3-xbox-game-pass-july-24/">citing</a> sources claiming that the game will be available on the subscription service on July 24.
This development follows earlier rumors from Windows Central&#8217;s Jez Corden, who hinted at the game&#8217;s arrival on Game Pass in July.
See Also: <a href="https://www.benzinga.com/general/gaming/24/07/39805048/black-ops-6-first-multi-platform-beta-in-franchise-history-all-you-need-to-know">Black Ops 6: First Multi-Platform Beta In Franchise History — All You Need To Know</a>
The upcoming release marks a significant moment for Microsoft Corp.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Game Pass, as it will be the first Call of Duty title to launch on the platform. While Call of Duty: Black Ops 6 was speculated to be the initial offering, Modern Warfare 3 has taken the spotlight.
Modern Warfare 3, the latest installment in Activision&#8217;s renowned first-person shooter series, is a reboot of the beloved sub-series. It continues the franchise&#8217;s tradition of delivering high-octane, multiplayer action.
<h3 class="wp-block-heading">Price Hikes For Xbox Game Pass</h3>
The timing of Modern Warfare 3&#8217;s Game Pass release coincides with recent announcements from Xbox regarding <a href="https://www.benzinga.com/general/gaming/24/07/39857656/ftc-criticizes-microsoft-over-xbox-game-pass-price-increase-and-degraded-standard-tier">price increases for the subscription service. </a>
The Ultimate tier will see a $3 increase in its monthly fee. The Game Pass Console tier will be replaced by Xbox Game Pass Standard, costing subscribers $14.99 per month.
<h3 class="wp-block-heading">Impact Of Modern Warfare 3&#8217;s Game Pass Debut</h3>
The addition of Modern Warfare 3 to Game Pass is likely to bolster the service&#8217;s appeal, especially amid the recent price hikes. 
Game Pass has been a cornerstone of Xbox&#8217;s strategy. It offers a vast library of games for a monthly fee, and the inclusion of high-profile titles like Call of Duty is a significant draw for subscribers.
Read Next:
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<li><a href="https://www.benzinga.com/general/gaming/24/07/39888849/microsoft-responds-to-ftcs-criticism-about-xbox-game-pass-asserting-it-is-wrong-to-call-this-a-deg">Microsoft Responds To FTC&#8217;s Criticism About Xbox Game Pass, Asserting &#8216;It Is Wrong To Call This A Degraded Version&#8217;</a></li>
</ul>

Gaming

General

MSFT

Call Of Duty: Modern Warfare 3 Hits Game Pass As Xbox Price Hikes —Report

First Western Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYFW#NASDAQ">MYFW</a>) reported quarterly earnings of $0.11 per share which missed the analyst consensus estimate of $0.32 by 65.63 percent. This is a 31.25 percent decrease over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $22.750 million which missed the analyst consensus estimate of $24.200 million by 5.99 percent. This is a 1.58 percent increase over sales of $22.397 million the same period last year.

Earnings Misses

MYFW

First Western Financial Q2 2024 GAAP EPS $0.11 Misses $0.32 Estimate, Sales $22.750M Miss $24.200M Estimate

Macquarie analyst Tim Nollen maintains Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) with a Outperform and raises the price target from $345 to $395.

Analyst Ratings

SPOT

Macquarie Maintains Outperform on Spotify Technology, Raises Price Target to $395

A movie about a U.S. Senator was one of the most watched films on streaming platform Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) over the past week. The renewed interest is related to the <a href="https://www.benzinga.com/topic/2024-election">2024 presidential election.</a>
What Happened: Former President Donald Trump selected Senator J.D. Vance (R-Ohio) as<a href="https://www.benzinga.com/general/politics/24/07/39780777/trump-picks-senator-j-d-vance-as-running-mate-musk-says-great-choice-for-vp"> his running mate</a> in the 2024 election.
Prior to being a member of the Senate, Vance was a venture capitalist and gained national fame as the author of the bestselling memoir "Hillbilly Elegy."
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The 2016 memoir was turned into a movie that Netflix had the distribution rights to and now streams on their platform.
Vance's book, as well as the film adaptation, tells the story of his upbringing in rural Kentucky and later in blue-collar Ohio.
"From a former marine and Yale Law School graduate, a powerful account of growing up in a poor Rust Belt town that offers a broader, probing look at the struggles of America's white working class," a description of the book reads.
Since Vance was announced as Trump's vice-presidential pick, the movie saw strong interest from Netflix subscribers.
The streaming platform <a href="https://www.netflix.com/tudum/top10">announced </a>its top 10 most-viewed titles Tuesday and "Hillbilly Elegy" ranked eighth for the week of July 15 through July 21 among English-language films.
See Also: <a href="https://www.benzinga.com/government/24/07/39918749/kamala-harris-vs-trump-views-on-nearly-every-industry-evs-oil-gas-health-care-are-worlds-apart">Harris Vs. Trump: Views On Nearly Every Industry — EVs, Oil &amp; Gas, Health Care — Are Worlds Apart</a>
Ranking in the top 10 for the first time since Netflix began publishing its weekly list, the film had 9.4 million hours viewed and 4.8 million views.
The movie adaptation of the book starred&nbsp;Glenn Close, Amy Adams&nbsp;and&nbsp;Gabriel Basso, who portrayed Vance. Close was nominated for an Academy Award for Supporting Actress. The film also received an Academy Award nomination for Best Makeup &amp; Hairstyling.
Netflix could benefit from having the rights to the film, as searches on Google have soared for "Hillbilly Elegy."
Google Trends <a href="https://trends.google.com/trends/explore?date=today%201-m&amp;geo=US&amp;q=hillbilly%20elegy&amp;hl=en">shows </a>that the top states searching for the movie/book were Kentucky, West Virginia, Tennessee, Alabama and South Carolina.
The top breakout search terms based on "Hillbilly Elegy," listed below, also play well in Netflix's favor.
<ul>
<li>JD Vance movie</li>
<li>JD Vance wife</li>
<li>Where to watch Hillbilly Elegy</li>
<li>What is Hillbilly Elegy about</li>
<li>Is Hillbilly Elegy true</li>
</ul>
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Why It's Important: Netflix isn't the only one gaining from the surge in interest for the book. The book, which is called "A Memoir of a Family and Culture in Crisis," is also performing well for e-commerce giant Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
The paperback version of the book is currently <a href="https://www.amazon.com/Hillbilly-Elegy-Memoir-Family-Culture/dp/0062300555/ref=sr_1_1?crid=39X2KHVWYDRTE&amp;dib=eyJ2IjoiMSJ9.g-_jYUvIVGPLSLf6vZC8jM7UJBkdh51YUAHBxQei0XQzPuNTzEqlICvGSAzqFklVOwhBrUDoC5MMLyx3vzvAKcMpZWo_9uWnNcSzJg771s_zKNiMo-P1LZtDN_E8ykP4mRYLWiV0Ibhc4IoqiY7AAUAeC3C8jMAG-fbbOHCJlRh-fv-117ghRSA7QRrjdCCUzdjFAddgKW1RfO4jqarWh9PujhZTK-Qjs8XdqcpHGVM.UGu-7uCbr35kLPDL2-ww46ej3q3QgzsiT0fchRS7X28&amp;dib_tag=se&amp;keywords=hillbilly+elegy&amp;qid=1721761371&amp;sprefix=hillbilly+elegy%2Caps%2C128&amp;sr=8-1">ranked </a>number one in the Books category with the hardcover version of the book ranking number three in the category.
While it's common for older books to surge in interest and sales volume on a platform like Amazon when a movie or TV series is released on the content, this comes four years after the movie was released.
With the 2024 election four months away and the potential that Vance is on the winning side of the race, the book and movie could continue to see strong interest.
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Entertainment

Politics

AMZN

NFLX

J.D. Vance Movie 'Hillbilly Elegy' Cracks Netflix Top 10 After Senator Picked As Trump's 2024 Election Running Mate

Veritex Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBTX#NASDAQ">VBTX</a>) reported quarterly earnings of $0.52 per share which missed the analyst consensus estimate of $0.53 by 1.89 percent. This is a 18.75 percent decrease over earnings of $0.64 per share from the same period last year. The company reported quarterly sales of $106.814 million which missed the analyst consensus estimate of $108.392 million by 1.46 percent. This is a 6.73 percent decrease over sales of $114.523 million the same period last year.

VBTX

Veritex Holdings Q2 2024 Adj EPS $0.52 Misses $0.53 Estimate, Sales $106.814M Miss $108.392M Estimate

The Company has appointed&nbsp;James Alvey as its Chief Accounting Officer upon Johnson&#39;s departure.

Management

ATKR

Atkore Appoints John Deitzer As Its VP And CFO; David Johnson Submits Resignation As VP, CFO And Chief Accounting Officer, Effective August 9, 2024

Mattel, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>) reported its second-quarter financial results Tuesday. Here's a look at the<a href="https://www.benzinga.com/pressreleases/24/07/b39917254/mattel-reports-second-quarter-2024-financial-results"> details from the report. </a>
The Details: Mattel reported quarterly earnings of 19 cents per share, which beat the analyst consensus estimate of 17 cents by 11.76%. Quarterly sales came in at $1.08 billion which missed the analyst consensus estimate of $1.10 billion by 1.59% and represents a 0.64% decrease from the same period last year.
Mattel reported adjusted gross margin increased to 49.2%, primarily driven by savings from the Optimizing for Profitable Growth program, cost deflation, lower sales adjustments and lower inventory management costs.
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Worldwide gross billings for Dolls were $414 million, down 6% as reported, or 5% in constant currency, versus the prior year&#8217;s second quarter, primarily due to declines in Barbie, Disney Princess and Frozen.
Worldwide gross billings for Infant, Toddler and Preschool were $190 million, down 4%, primarily due to declines in Preschool Entertainment and Baby Gear &amp; Power Wheels, partially offset by growth in Fisher-Price.
Worldwide gross billings for Vehicles were $370 million, up 2%, primarily driven by growth in Hot Wheels.
Worldwide gross billings for Action Figures, Building Sets, Games, and Other were $227 million, up 1%, primarily driven by growth in Games, partially offset by declines in Action Figures.
&#8220;This was a good quarter for Mattel, where we achieved significant gross margin expansion, and growth in Adjusted EBITDA and Adjusted EPS. We further strengthened our balance sheet and more than doubled free cash flow in the trailing 12-month period. Mattel is well positioned for the second half, with new product innovation and increased retail support. We are in a strong financial position to execute our strategy to grow our IP-driven toy business and expand our entertainment offering,&#8221; said Ynon Kreiz, CEO of Mattel.
Outlook:  Mattel reiterated its full-year 2024 guidance of $5.441 billion in net sales and adjusted gross margin between 48.5% and 49%.
MAT Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Mattel shares are up 1.39% after-hours at $17.48 at the time of publication after falling 7.71% during regular trading Tuesday.
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</ul>
Image: Gerd Altmann from Pixabay

After-Hours Center

Movers

Mattel Reports Mixed Q2 Results: EPS Beat, Sales Miss

Offerings

LLAP

Terran Orbital Plans Launch Of An At-The-Market Offering Program For Up To $98M Of New Capital

Telsey Advisory Group analyst Joe Feldman maintains Albertsons Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACI#NYSE">ACI</a>) with a Market Perform and maintains $27.25 price target.

Telsey Advisory Group Maintains Market Perform on Albertsons Companies, Maintains $27.25 Price Target

In the latest quarter, 35 analysts provided ratings for Walmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>), showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">12</td>
<td style="text-align: right;">20</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">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>1M Ago</td>
<td style="text-align: right;">1</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>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">12</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $73.34, a high estimate of $86.00, and a low estimate of $64.00. Marking an increase of 8.67%, the current average surpasses the previous average price target of $67.49. 
<img src="https://www.benzinga.com/files/images/story/2024/1721768447_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Walmart. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ivan Feinseth</td>
<td>Tigress Financial</td>
<td>Raises</td>
<td>Buy</td>
<td>$86.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Bradley Thomas</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$82.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$74.00</td>
<td>$73.00</td>
</tr>
<tr>
<td>Peter Keith</td>
<td>Piper Sandler</td>
<td>Announces</td>
<td>Overweight</td>
<td>$81.00</td>
<td>-</td>
</tr>
<tr>
<td>Mark Astrachan</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$71.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Krisztina Katai</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$77.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$73.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Daniela Bretthauer</td>
<td>HSBC</td>
<td>Raises</td>
<td>Buy</td>
<td>$81.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Corey Tarlowe</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$77.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Christopher Horvers</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$81.00</td>
<td>$66.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$75.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Rupesh Parikh</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$75.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$72.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Seth Sigman</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$66.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$70.00</td>
<td>$67.00</td>
</tr>
<tr>
<td>Paul Lejuez</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$75.00</td>
<td>$63.33</td>
</tr>
<tr>
<td>Bobby Griffin</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$70.00</td>
<td>$63.00</td>
</tr>
<tr>
<td>Simeon Gutman</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$70.00</td>
<td>$67.00</td>
</tr>
<tr>
<td>Oliver Chen</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$75.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Steven Shemesh</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$70.00</td>
<td>$62.00</td>
</tr>
<tr>
<td>Corey Tarlowe</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$75.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Kate McShane</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$73.00</td>
<td>$64.33</td>
</tr>
<tr>
<td>Michael Baker</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Buy</td>
<td>$75.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Kelly Bania</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$75.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$70.00</td>
<td>$67.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$70.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Mark Astrachan</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$69.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Scot Ciccarelli</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$64.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Robert Ohmes</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$75.00</td>
<td>$67.00</td>
</tr>
<tr>
<td>Peter Benedict</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$70.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Bill Kirk</td>
<td>Roth MKM</td>
<td>Raises</td>
<td>Buy</td>
<td>$71.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Bradley Thomas</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$75.00</td>
<td>$63.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$67.00</td>
<td>$66.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$68.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Michael Lasser</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$69.00</td>
<td>$63.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: 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 Walmart. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Walmart compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Walmart's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Walmart's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/WMT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Walmart analyst ratings.</a>
<h2>About Walmart</h2>
Walmart serves as the preeminent retailer in the United States, with its strategy predicated on superior operating efficiency and offering the lowest priced goods to consumers to drive robust store traffic and product turnover. Walmart augmented its low-price business strategy by offering a convenient one-stop shopping destination with the opening of its first supercenter in 1988.Today, Walmart operates over 4,600 stores in the United States (5,200 including Sam's Club) and over 10,000 stores globally. Walmart generated over $440 billion in domestic namesake sales in fiscal 2024, with Sam's Club contributing another $86 billion to the firm's top line. Internationally, Walmart generated $115 billion in sales. The retailer serves around 240 million customers globally each week.
<h3>Financial Insights: Walmart</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Walmart's remarkable performance in 3 months is evident. As of 30 April, 2024, the company achieved an impressive revenue growth rate of 6.05%. This signifies 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 Consumer Staples sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 3.16%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Walmart's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 6.18%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Walmart's ROA stands out, surpassing industry averages. With an impressive ROA of 2.02%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.79, Walmart adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Understanding the Relevance of Analyst Ratings</h2>
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. 
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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Scoreboard: 35 Ratings For Walmart

5 analysts have expressed a variety of opinions on Genuine Parts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
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.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</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>
</tr>
<tr>
<td>Last 30D</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>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Genuine Parts, presenting an average target of $158.8, a high estimate of $165.00, and a low estimate of $150.00. This current average represents a 4.68% decrease from the previous average price target of $166.60. 
<img src="https://www.benzinga.com/files/images/story/2024/1721768433_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
A comprehensive examination of how financial experts perceive Genuine Parts is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Scot Ciccarelli</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$164.00</td>
<td>$183.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$155.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Michael Lasser</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$150.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$160.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$165.00</td>
<td>$160.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: 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 Genuine Parts. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Genuine Parts compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Genuine Parts's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into Genuine Parts's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/GPC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Genuine Parts analyst ratings.</a>
<h2>Get to Know Genuine Parts Better</h2>
Genuine Parts sells aftermarket automotive parts (about 60% of sales) and industrial products (40% of sales) in the United States and internationally. The automotive segment primarily acts as a distributor to its network of 9,800 global retail locations of which about two thirds are independently owned and operated. we estimate Genuine serves around 6,000 retail locations in the US operating under the Napa Auto Parts brand, with about 80% of sales derived from professional customers. Its industrial segment, primarily operating under the Motion banner in the United States, serves as a leading distributor of bearings, power transmission, and other industrial products to over 200,000 maintenance, repair, and original equipment manufacturer clients.
<h3>Financial Milestones: Genuine Parts's Journey</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Over the 3 months period, Genuine Parts showcased positive performance, achieving a revenue growth rate of 0.32% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Genuine Parts's net margin is impressive, surpassing industry averages. With a net margin of 4.3%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Genuine Parts's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.65%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Genuine Parts's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.37%, the company showcases efficient use of assets and strong financial health.
Debt Management: Genuine Parts's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.12, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Significance of Analyst Ratings Explained</h2>
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. 
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Decoding 5 Analyst Evaluations For Genuine Parts

O'Reilly Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>) has outperformed the market over the past 15 years by 11.96% on an annualized basis producing an average annual return of 24.22%. Currently, O'Reilly Automotive has a market capitalization of $61.78 billion. 
Buying $1000 In ORLY: If an investor had bought $1000 of ORLY stock 15 years ago, it would be worth $25,679.56 today based on a price of $1049.01 for ORLY at the time of writing.
<h3>O'Reilly Automotive's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721768428_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

ORLY

Here's How Much You Would Have Made Owning O'Reilly Automotive Stock In The Last 15 Years

Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) has outperformed the market over the past 5 years by 6.6% on an annualized basis producing an average annual return of 19.53%. Currently, Micron Technology has a market capitalization of $127.21 billion. 
Buying $100 In MU: If an investor had bought $100 of MU stock 5 years ago, it would be worth $240.58 today based on a price of $114.72 for MU at the time of writing.
<h3>Micron Technology's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721768423_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Micron Technology 5 Years Ago Would Be Worth This Much Today

Guidance

ROIC

Retail Opportunity Investments Tightens FY24 FFO Per Share Forecast From $1.03 - $1.09 To $1.04 - $1.07, Est $1.05

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