Nabors Energy Transition Stock (NASDAQ: NETD)

Latest news for Nabors Energy Transition (NASDAQ:NETD) Stock

Nabors Energy Transition Corp II is a blank check company.

Nabors Energy Transition Corp. II - Class A Ordinary Shares

Nabors Energy Transition Corp II

Nabors Energy Transition Corp. II - Warrant

NETDRAGON WEBSFT UNSP/ADR by NETDRAGON WEBSOFT HLDGS LTD

NetDragon Websoft Inc

Although U.S. stocks closed lower on Thursday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#8217;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">Adverum Biotechnologies</h3>
<ul>
<li>The Trade: Adverum Biotechnologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADVM#NASDAQ">ADVM</a>) 10% owner Braden Michael Leonard <a href="https://www.benzinga.com/quote/ADVM/analyst-ratings">acquired a total of 216,264 shares</a> at an average price of $8.26. To acquire these shares, it cost around $1.79 million.</li>
<li>What's Happening: On July 17, Adverum Biotechnologies released data from its ongoing LUNA Phase 2 trial for Ixo-vec in patients with wet age-related macular degeneration (AMD).</li>
<li>What Adverum Biotechnologies Does: Adverum Biotechnologies Inc is a U.S.-based clinical-stage gene therapy company.</li>
</ul>
<h3 class="wp-block-heading">Appian</h3>
<ul>
<li>The Trade: Appian Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APPN#NASDAQ">APPN</a>) 10% owner Colin T. Moran acquired a total of 300,000 shares at &lt;/em&gt;&lt;/a&gt; an average price of $35.40. To acquire these shares, it cost around $10.6 million.</li>
<li>What's Happening: Appian will release financial results for the second quarter, before the opening bell on Thursday, Aug. 1.</li>
<li>What Appian Does: Appian is a low-code enterprise platform-as-a-service company focusing on business process management.</li>
</ul>
<h3 class="wp-block-heading">American Strategic Investment</h3>
<ul>
<li>The Trade: American Strategic Investment Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NYC#NYSE">NYC</a>) 10% owner New York City Advisors, LLC <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 125,864 shares</a> at an average price of $10.98. To acquire these shares, it cost around $1.38 million.</li>
<li>What's Happening: On May 10, the company posted downbeat quarterly sales.</li>
<li>What American Strategic Investment Does: American Strategic Investment Co is an externally managed company that currently owns a portfolio of commercial real estate located within the five boroughs of New York City, majorly Manhattan.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39859847/netflix-to-rally-more-than-10-here-are-10-top-analyst-forecasts-for-friday">Netflix To Rally More Than 10%? Here Are 10 Top Analyst Forecasts For Friday</a></li>
</ul>

Long Ideas

News

Insider Trades

Intraday Update

Markets

Trading Ideas

ADVM

APPN

More Than $10M Bet On Appian? Check Out These 3 Stocks Insiders Are Buying

Northern Irish golf sensation Rory McIlroy has weathered a few missed putts lately. According to the Daily Mail, after a brief foray into divorce proceedings, McIlroy and his wife of seven years, Erica Stoll, have opted for reconciliation. This decision inadvertently exposed the golfer&#8217;s unexpected windfall in Florida's real estate market.
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The couple&#8217;s Jupiter, Florida mansion, purchased for $11 million in 2012, has doubled in value to an estimated $22 million. The appreciation came during a tumultuous period for the McIlroys, culminating in a divorce filing on the eve of the PGA Championship in May, only to be dramatically withdrawn weeks later.
"There have been rumors about my personal life recently, which is unfortunate," McIlroy told The Guardian last month. "Over the past weeks, Erica and I have realized that our best future was as a family together."
The personal drama played out against McIlroy&#8217;s professional challenges, including a heartbreaking near-miss at the U.S. Open in Pinehurst. The golfer held a two-shot lead with four holes to play before stumbling to a second-place finish behind Bryson DeChambeau.
The 13,000-square-foot <a href="https://www.benzinga.com/general/24/06/39332812/they-broke-up-in-1989-but-now-his-ex-girlfriend-is-inheriting-his-1-million-retirement-account-after">residence — </a>on 2.4 acres of land — boasts nine bedrooms and ten bathrooms. Beyond its sheer size, the mansion has a luxury infinity pool, a games room, a tennis court, a home theater, and a recording studio. The property includes a state-of-the-art gym and a six-car garage. Its value has surged alongside the broader luxury real estate market in South Florida, a trend accelerated by the pandemic&#8217;s reshuffling of living preferences.
<hr class="wp-block-separator has-alpha-channel-opacity" />
Trending: Commercial real estate has historically outperformed the stock market, and<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield.</a>
<hr class="wp-block-separator has-alpha-channel-opacity" />
McIlroy&#8217;s <a href="https://www.benzinga.com/personal-finance/24/07/39694555/28-year-old-making-500-000-a-year-explains-to-dave-ramsey-his-fianc-es-rich-parents-want-him-to-">prenuptial agreement,</a> signed in 2017, reportedly allows him to retain ownership of the property and his golf fortune. The golfer&#8217;s attorney, Thomas Sasser, previously represented Tiger Woods in his 2010 divorce. Given Florida&#8217;s equitable distribution laws and the prenuptial agreement, legal experts suggested that McIlroy&#8217;s estimated $87 million in career earnings might not be seriously impacted if they were to get divorced. However, this isn&#8217;t the first time McIlroy&#8217;s personal life has crossed with his professional career. His past relationships, including those with childhood sweetheart Holly Sweeney and tennis star Caroline Wozniacki, ended abruptly, sometimes coinciding with major tournaments.
As McIlroy returns to competition at the Scottish Open, the golfer&#8217;s resilience, evident in his return to the links after the U.S. Open disappointment, seems to extend beyond the fairways. "I&#8217;ve shown my resilience over and over again in the last 17 years," McIlroy said in a recent statement, "and I will again." 
Read Next:
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<li>Gen Z and Millennial millionaires couldn't care less for stocks and bonds —<a href="https://www.benzinga.com/money/gen-z-and-millennial-millionaires-investments-adv"> Here's what they're buying instead.</a></li>
<li>General Motors and other leaders revealed to be<a href="https://www.benzinga.com/money/energyx"> investing in this revolutionary lithium start-up — allowing easy entry by launching at just $9.50 per share.</a></li>
</ul>

Real Estate

Rory McIlroy's Prenup Terms Allows Him To Keep His $22 Million Mansion Even Though Home Value Doubled Since 2017

<a href="https://www.businessinsider.com/tesla-production-lines-impacted-microsoft-crowdstrike-it-outage-2024-7" title="https://www.businessinsider.com/tesla-production-lines-impacted-microsoft-crowdstrike-it-outage-2024-7">https://www.businessinsider.com/tesla-production-lines-impacted-microsoft-crowdstrike-it-outage-2024-7</a>

TSLA

'Tesla halted some of its production lines due to the Microsoft-CrowdStrike outage' - Insider

Truist Securities analyst Michael Ciarmoli maintains Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) with a Buy and lowers the price target from $81 to $78.

Price Target

Analyst Ratings

Truist Securities Maintains Buy on Hexcel, Lowers Price Target to $78

ARM Holdings Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) shares are trading higher after Morgan Stanley analyst Lee Simpson upgraded the stock from <a target="_blank" href="https://www.benzinga.com/quote/ARM/analyst-ratings" rel="noreferrer noopener">Equal-Weight to Overweight</a> and raised its price target from $107 to $190.
The upgrade comes as the broader semiconductor sector has seen a selloff this week following Donald Trump&#8217;s <a target="_blank" href="https://www.benzinga.com/government/24/07/39857131/ai-chip-stocks-nvidia-amd-taiwan-semi-saw-a-selloff-this-week-whats-going-on" rel="noreferrer noopener">verbal attack against</a> contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) and the U.S.&#8217;s plans to intensify advanced semiconductor sanctions against China.
AI chip stocks led by Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) lost 9% and 18% this week.
<a target="_blank" href="https://www.benzinga.com/news/24/06/39135597/why-is-arm-holdings-stock-trading-higher-on-monday" rel="noreferrer noopener">At the Computex forum</a> in Taipei, Arm CEO Rene Haas said he expects 100 billion Arm devices worldwide to be AI-ready by the end of 2025.
Arm Holdings plans to showcase its AI chip in 2025 and launch it commercially by fall 2025. Parent company Softbank Group Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) aims to invest significantly in data centers using its AI chips and renewable energy.
AMD CFO Jean Hu recently suggested a potential entry into next-generation AI PCs.
Analysts remain optimistic about Arm Holdings, citing strong licensing interest and royalty potential as essential growth factors. They also highlight Arm&#8217;s opportunities in the AI and data center sectors.
Arm Holdings stock rose by 158% over the past 12 months as AI <a target="_blank" href="https://www.benzinga.com/news/24/06/39387100/whats-going-on-with-chipmaker-arm-holdings-stock" rel="noreferrer noopener">integrated into smartphones</a>. The ARM (Acorn RISC Machine) architecture powers 99% of the world&#8217;s smartphone CPU cores. Apple, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is one of Arm&#8217;s major customers.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/19120052/newplot-1-9.png" alt="" class="wp-image-446149" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/19120052/newplot-1-9.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/19120052/newplot-1-9-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Arm&#8217;s clients choose the company over Intel Corp&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) x86 technology primarily for its efficiency and widespread adoption. Arm&#8217;s architecture enables chips to consume less power compared to x86, making it ideal for mobile devices and other power-sensitive applications, CNBC <a target="_blank" href="https://www.cnbc.com/2023/11/09/how-arm-gained-chip-dominance-with-apple-nvidia-amazon-and-qualcomm.html" rel="noreferrer noopener">reported</a> in 2023.
Key clients like Apple, Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), and Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) leverage Arm&#8217;s technology to build custom silicon tailored to their specific needs.
ARM Holdings has a consensus price target of&nbsp;$112.17 based on the ratings of&nbsp;25 analysts.
ARM Price Action: Arm shares traded higher by 3.47% at $163.83 at the last check on Friday.
Photo via Wikimedia Commons

Upgrades

Movers

Tech

AAPL

AMZN

GOOG

GOOGL

INTC

MSFT

NVDA

QCOM

SFTBF

SFTBY

What's Going On With Arm Stock On Friday?

Northcoast Research analyst Ryan Connors downgrades Pentair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNR#NYSE">PNR</a>) from Buy to Neutral.

Downgrades

Northcoast Research Downgrades Pentair to Neutral

BTIG analyst Thomas Catherwood assumes Apollo Comml Real Est (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARI#NYSE">ARI</a>) with a Neutral rating.

Initiation

BTIG Assumes Apollo Comml Real Est at Neutral

BTIG analyst Sarah Barcomb assumes Claros Mortgage Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMTG#NYSE">CMTG</a>) with a Neutral rating.

CMTG

BTIG Assumes Claros Mortgage Trust at Neutral

Morgan Stanley analyst Michael Phillips maintains Travelers Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) with a Equal-Weight and lowers the price target from $220 to $210.

Morgan Stanley Maintains Equal-Weight on Travelers Companies, Lowers Price Target to $210

BTIG analyst Timothy Hayes assumes Ready Capital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RC#NYSE">RC</a>) with a Neutral rating.

BTIG Assumes Ready Capital at Neutral

Goldman Sachs analyst Eric Sheridan maintains Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) with a Neutral and raises the price target from $650 to $659.

NFLX

Goldman Sachs Maintains Neutral on Netflix, Raises Price Target to $659

Goldman Sachs analyst Alex Scott maintains Allstate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALL#NYSE">ALL</a>) with a Buy and raises the price target from $197 to $199.

Goldman Sachs Maintains Buy on Allstate, Raises Price Target to $199

Goldman Sachs analyst Chris Shibutani maintains Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) with a Neutral and lowers the price target from $160 to $155.

Goldman Sachs Maintains Neutral on Johnson & Johnson, Lowers Price Target to $155

Resources Connection (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rgp#NYSE">RGP</a>) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 180%. A quarter ago, it was expected that this consulting company would post a loss of $0.01 per share when it actually produced earnings of $0.17, delivering a surprise of 1,800%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Resources Connection, which belongs to the Zacks Staffing Firms industry, posted revenues of $148.2 million for the quarter ended May 2024, surpassing the Zacks Consensus Estimate by 5.61%. This compares to year-ago revenues of $184.45 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock&#39;s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management&#39;s commentary on the earnings call.
Resources Connection shares have lost about 22.6% since the beginning of the year versus the S&amp;P 500&#39;s gain of 17.2%.
What&#39;s Next for Resources Connection?
While Resources Connection has underperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company&#39;s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Resources Connection: mixed. While the magnitude and direction of estimate revisions could change following the company&#39;s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.22 on $153.24 million in revenues for the coming quarter and $1.01 on $659.69 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Staffing Firms is currently in the top 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Insperity, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nsp#NYSE">NSP</a>), is yet to report results for the quarter ended June 2024.
This company is expected to post quarterly earnings of $0.73 per share in its upcoming report, which represents a year-over-year change of +14.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Insperity, Inc.&#39;s revenues are expected to be $1.62 billion, up 2.2% from the year-ago quarter.
<a href="https://www.zacks.com/stock/news/2304865/resources-connection-rgp-beats-q4-earnings-and-revenue-estimates?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2304865">To read this article on Zacks.com click here.</a>

Earnings

Earnings Beats

Small Cap

Resources Connection Beats Q4 Earnings and Revenue Estimates

Wall Street Journal reporter Evan Gershkovich has been sentenced to 18 years in prison in <a href="https://www.benzinga.com/topic/evan-gershkovich">a Russian trial</a> denounced by his employer and <a href="https://www.benzinga.com/topic/joe-biden">President Joe Biden</a>.
What Happened: The Journal <a href="https://www.wsj.com/world/russia/evan-gershkovich-russia-trial-dbabd6e3?mod=evan_gershkovich_lead_pos1">reported</a> that Gershkovich, who was arrested in 2023, was sentenced by a Russian court to 18 years in prison following a secret trial. Russia accused the American-born journalist of espionage while providing no evidence. 
"This disgraceful, sham conviction comes after Evan has spent 478 days in prison, wrongfully detained, away from his family and friends, prevented from reporting, all for doing his job as a journalist,"&nbsp;Almar Latour, publisher of The Wall Street Journal, and Editor in Chief&nbsp;Emma Tucker&nbsp;said in a statement.&nbsp;"We will continue to do everything possible to press for Evan's release and to support his family."
Biden offered a similar rebuke of Russian authorities in a <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2024/07/19/statement-by-president-joe-biden-on-the-sentencing-of-wrongfully-detained-american-evan-gershkovich/">statement</a> published Friday.
&#8220;As I have long said and as the UN also concluded, there is no question that Russia is wrongfully detaining Evan. Journalism is not a crime,&#8221; the president said. &#8220;We will continue to stand strong for press freedom in Russia and worldwide, and stand against all those who seek to attack the press or target journalists.&#8221;
Why it Matters: John J. Sullivan, former ambassador to Russia, <a href="https://www.wsj.com/articles/u-s-russia-rift-complicates-case-of-arrested-journal-reporter-585946be">told</a> the Journal that Gershgovich was likely detained as a preliminary move to set up a prisoner swap. 
A deal between the U.S. and Russia could bring Gershkovich home if the U.S. returns an imprisoned Russian. Russian President Vladimir Putin said that a <a href="https://www.benzinga.com/general/politics/24/06/39534917/american-reporter-accused-of-spying-goes-to-trial-in-russia-is-prisoner-swap-his-best-hope">deal could be made</a> in a February interview.
Tensions between Russia and the Western world have escalated since the <a href="https://www.benzinga.com/topic/russia-ukraine-war">country invaded Ukraine</a> in 2022.
The U.S. and Russia agreed to <a href="https://www.benzinga.com/markets/cannabis/24/05/38619573/brittney-griners-memoir-testament-to-personal-resilience-russian-oppression-hits-bookshelves-may">a prisoner swap</a> that year; the U.S. exchanged Russian arms dealer Viktor Bout for <a href="https://www.state.gov/russias-continued-wrongful-detention-of-brittney-griner/">wrongfully detained</a> WNBA player Brittney Griner.
Also Read:
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<li><a href="https://www.benzinga.com/general/politics/24/07/39737184/us-germany-sniff-out-russian-attempt-to-assassinate-german-ceo">US, Germany Sniff Out Russian Attempt To Assassinate German CEO</a></li>
</ul>
Photo by Michael Parulava on Unsplash

Government

Global

Media

WSJ Reporter Evan Gershkovich Gets 18-Year Sentence In Russia: Employer Calls Trial A 'Sham'

Financial giants have made a conspicuous bullish move on Novo Nordisk. Our analysis of options history for Novo Nordisk (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) revealed 12 unusual trades.
Delving into the details, we found 66% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $220,662, and 8 were calls, valued at $807,070.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $90.0 to $150.0 for Novo Nordisk over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Novo Nordisk's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Novo Nordisk's significant trades, within a strike price range of $90.0 to $150.0, over the past month.
<h3>Novo Nordisk Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721408507_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$4.45</td>
<td>$4.3</td>
<td>$4.45</td>
<td>$135.00</td>
<td>$511.7K</td>
<td>759</td>
<td style="text-align: right;">541</td>
</tr>
<tr>
<td>NVO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$6.8</td>
<td>$6.7</td>
<td>$6.7</td>
<td>$135.00</td>
<td>$97.7K</td>
<td>1.4K</td>
<td style="text-align: right;">17</td>
</tr>
<tr>
<td>NVO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$3.4</td>
<td>$3.3</td>
<td>$3.4</td>
<td>$145.00</td>
<td>$86.0K</td>
<td>7.8K</td>
<td style="text-align: right;">6</td>
</tr>
<tr>
<td>NVO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$14.2</td>
<td>$14.05</td>
<td>$14.11</td>
<td>$145.00</td>
<td>$56.4K</td>
<td>791</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>NVO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$6.9</td>
<td>$6.85</td>
<td>$6.9</td>
<td>$130.00</td>
<td>$37.9K</td>
<td>1.4K</td>
<td style="text-align: right;">80</td>
</tr>
</tbody>
</table>

<h3>About Novo Nordisk</h3>
With roughly one third of the global branded diabetes treatment market, Novo Nordisk is the leading provider of diabetes-care products in the world. Based in Denmark, the company manufactures and markets a variety of human and modern insulins, injectable diabetes treatments such as GLP-1 therapy, oral antidiabetic agents, and obesity treatments. Novo also has a biopharmaceutical segment (constituting roughly 10% of revenue) that specializes in protein therapies for hemophilia and other disorders.
Following our analysis of the options activities associated with Novo Nordisk, we pivot to a closer look at the company's own performance.
<h3>Current Position of Novo Nordisk</h3>
<ul>
<li>With a volume of 2,060,022, the price of NVO is up 2.15% at $132.78. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 19 days.</li>
</ul>
<h3>What Analysts Are Saying About Novo Nordisk</h3>
In the last month, 3 experts released ratings on this stock with an average target price of $161.0.
<ul>
<li>An analyst from Cantor Fitzgerald downgraded its action to Overweight with a price target of $160. </li>
<li>An analyst from Cantor Fitzgerald has revised its rating downward to Overweight, adjusting the price target to $160. </li>
<li>Consistent in their evaluation, an analyst from BMO Capital keeps a Outperform rating on Novo Nordisk with a target price of $163. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Novo Nordisk, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Novo Nordisk Options Trading: A Deep Dive into Market Sentiment

Benzinga's options scanner just detected over 8 options trades for Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) summing a total amount of $309,250.
At the same time, our algo caught 3 for a total amount of 99,565.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $150.0 to $170.0 for Chevron over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Chevron's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Chevron's whale activity within a strike price range from $150.0 to $170.0 in the last 30 days. 
<h3>Chevron Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721408503_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CVX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/23/24</td>
<td>$1.07</td>
<td>$1.06</td>
<td>$1.07</td>
<td>$170.00</td>
<td>$64.2K</td>
<td>924</td>
<td style="text-align: right;">23</td>
</tr>
<tr>
<td>CVX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$7.05</td>
<td>$6.95</td>
<td>$7.05</td>
<td>$165.00</td>
<td>$58.5K</td>
<td>2.0K</td>
<td style="text-align: right;">8</td>
</tr>
<tr>
<td>CVX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.1</td>
<td>$6.0</td>
<td>$6.1</td>
<td>$170.00</td>
<td>$46.9K</td>
<td>4.5K</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>CVX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$2.6</td>
<td>$2.58</td>
<td>$2.6</td>
<td>$162.50</td>
<td>$39.0K</td>
<td>1.8K</td>
<td style="text-align: right;">135</td>
</tr>
<tr>
<td>CVX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$4.3</td>
<td>$4.25</td>
<td>$4.25</td>
<td>$150.00</td>
<td>$36.1K</td>
<td>2.0K</td>
<td style="text-align: right;">39</td>
</tr>
</tbody>
</table>

<h3>About Chevron</h3>
Chevron is an integrated energy company with exploration, production, and refining operations worldwide. It is the second-largest oil company in the United States with production of 3.1 million of barrels of oil equivalent a day, including 7.7 million cubic feet a day of natural gas and 1.8 million of barrels of liquids a day. Production activities take place in North America, South America, Europe, Africa, Asia, and Australia. Its refineries are in the US and Asia for total refining capacity of 1.8 million barrels of oil a day. Proven reserves at year-end 2023 stood at 11.1 billion barrels of oil equivalent, including 6.0 billion barrels of liquids and 30.4 trillion cubic feet of natural gas.
Following our analysis of the options activities associated with Chevron, we pivot to a closer look at the company's own performance.
<h3>Current Position of Chevron</h3>
<ul>
<li>Trading volume stands at 2,426,089, with CVX's price down by -0.81%, positioned at $160.66.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 14 days.</li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Chevron, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Chevron's Options: A Look at What the Big Money is Thinking

Financial giants have made a conspicuous bullish move on Workday. Our analysis of options history for Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) revealed 8 unusual trades.
Delving into the details, we found 75% of traders were bullish, while 25% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $219,339, and 5 were calls, valued at $299,648.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $200.0 to $230.0 for Workday over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Workday's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Workday's whale activity within a strike price range from $200.0 to $230.0 in the last 30 days. 
<h3>Workday Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721408498_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>WDAY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$3.3</td>
<td>$3.1</td>
<td>$3.3</td>
<td>$222.50</td>
<td>$119.7K</td>
<td style="text-align: right;">68</td>
<td>1.4K</td>
</tr>
<tr>
<td>WDAY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$15.4</td>
<td>$13.8</td>
<td>$14.42</td>
<td>$210.00</td>
<td>$115.3K</td>
<td style="text-align: right;">21</td>
<td>0</td>
</tr>
<tr>
<td>WDAY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$0.9</td>
<td>$0.75</td>
<td>$0.75</td>
<td>$200.00</td>
<td>$78.4K</td>
<td style="text-align: right;">887</td>
<td>20</td>
</tr>
<tr>
<td>WDAY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$60.1</td>
<td>$58.8</td>
<td>$60.0</td>
<td>$200.00</td>
<td>$60.0K</td>
<td style="text-align: right;">74</td>
<td>2</td>
</tr>
<tr>
<td>WDAY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$60.0</td>
<td>$59.0</td>
<td>$59.62</td>
<td>$200.00</td>
<td>$53.6K</td>
<td style="text-align: right;">74</td>
<td>12</td>
</tr>
</tbody>
</table>

<h3>About Workday</h3>
Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions. Known for being a cloud-only software provider, Workday is headquartered in Pleasanton, California. Founded in 2005, Workday now employs over 18,000 employees.
Following our analysis of the options activities associated with Workday, we pivot to a closer look at the company's own performance.
<h3>Workday's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 1,490,307, the WDAY's price is down by -1.99%, now at $225.99. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 34 days.</li>
</ul>
<h3>What The Experts Say On Workday</h3>
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $242.33333333333334.
<ul>
<li>An analyst from Wells Fargo has decided to maintain their Overweight rating on Workday, which currently sits at a price target of $275. </li>
<li>An analyst from Piper Sandler has decided to maintain their Overweight rating on Workday, which currently sits at a price target of $262. </li>
<li>An analyst from Guggenheim has revised its rating downward to Sell, adjusting the price target to $190. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Workday with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

WDAY

Workday's Options Frenzy: What You Need to Know

Providing a diverse range of perspectives from bullish to bearish, 6 analysts have published ratings on Energizer Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENR#NYSE">ENR</a>) in the last three months.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</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;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $31.5, a high estimate of $33.00, and a low estimate of $30.00. Observing a downward trend, the current average is 2.57% lower than the prior average price target of $32.33. 
<img src="https://www.benzinga.com/files/images/story/2024/1721408468_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Energizer Hldgs. 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>Lauren Lieberman</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$32.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Lauren Lieberman</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$31.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Dara Mohsenian</td>
<td>Morgan Stanley</td>
<td>Maintains</td>
<td>Equal-Weight</td>
<td>$33.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>Brian McNamara</td>
<td>Canaccord Genuity</td>
<td>Lowers</td>
<td>Hold</td>
<td>$32.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>Peter Grom</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$31.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Bill Chappell</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$30.00</td>
<td>$35.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Energizer Hldgs. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Energizer Hldgs compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Energizer Hldgs's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Energizer Hldgs's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/ENR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Energizer Hldgs analyst ratings.</a>
<h2>Unveiling the Story Behind Energizer Hldgs</h2>
Energizer Holdings Inc makes and distributes household batteries, specialty batteries, and lighting products. Energizer offers batteries using lithium, alkaline, carbon-zinc, nickel-metal hydride, zinc-air, and silver oxide technologies. These products are sold under the Energizer, Rayovac, Varta and Eveready brands at performance and premium price segments. It also offers auto care products in the appearance, fragrance, performance, and air conditioning recharge product categories. The company operates in two geographical segments: Americas and International, of which the majority of its revenue is derived from the Americas segment.
<h3>Energizer Hldgs: Financial Performance Dissected</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Negative Revenue Trend: Examining Energizer Hldgs's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -3.04% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Staples sector.
Net Margin: Energizer Hldgs's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 4.88%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Energizer Hldgs's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 17.91%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Energizer Hldgs's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.74%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Energizer Hldgs's debt-to-equity ratio surpasses industry norms, standing at 17.43. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>How Are Analyst Ratings Determined?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Decoding 6 Analyst Evaluations For Energizer Hldgs

Throughout the last three months, 4 analysts have evaluated ManpowerGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAN#NYSE">MAN</a>), 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;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</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;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M 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>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $84.5, a high estimate of $92.00, and a low estimate of $75.00. Observing a 3.47% increase, the current average has risen from the previous average price target of $81.67. 
<img src="https://www.benzinga.com/files/images/story/2024/1721408456_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
A comprehensive examination of how financial experts perceive ManpowerGroup 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>Andrew Steinerman</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$75.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>Jeffrey Silber</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$87.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Andrew Grobler</td>
<td>Exane BNP Paribas</td>
<td>Announces</td>
<td>Outperform</td>
<td>$92.00</td>
<td>-</td>
</tr>
<tr>
<td>Jeffrey Silber</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$84.00</td>
<td>$81.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to ManpowerGroup. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of ManpowerGroup compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of ManpowerGroup's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of ManpowerGroup's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/MAN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on ManpowerGroup analyst ratings.</a>
<h2>Discovering ManpowerGroup: A Closer Look</h2>
ManpowerGroup Inc. is engaged in providing workforce solutions and services. The company provides services that includes Recruitment and Assessment, Upskilling, Reskilling, Training and Development, Career Management, Outsourcing, and Workforce Consulting. The reportable segments of the company are Staffing and Interim, Outcome-Based Solutions and Consulting, Permanent Recruitment, and Others. The Staffing and Interim segment derives maximum of the company's revenue. The company derives maximum geographical revenue from Southern European region.
<h3>Financial Milestones: ManpowerGroup's Journey</h3>
Market Capitalization Perspectives: 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.
Revenue Growth: ManpowerGroup's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -7.34%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: ManpowerGroup's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 0.9%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): ManpowerGroup's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.8%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): ManpowerGroup's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.46%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: ManpowerGroup's debt-to-equity ratio is below the industry average. With a ratio of 0.6, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>How Are Analyst Ratings Determined?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Key Takeaways From ManpowerGroup Analyst Ratings

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