BNY Mellon ETF Trust BNY Mellon Responsible Horizons Corporate Bond ETF (ARCA: RHCB)

Latest news for BNY Mellon ETF Trust BNY Mellon Responsible Horizons Corporate Bond ETF (ARCA:RHCB)

To pursue its goal, the fund normally invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in corporate debt securities issued by companies that demonstrate attractive investment attributes and attractive business practices based on an environmental, social and governance (ESG) evaluation methodology. The fund's investment in corporate debt securities principally includes corporate bonds, notes and debentures of U.S. and non-U.S. issuers, including the securities of issuers in emerging market countries.

BNY Mellon Responsible Horizons Corporate Bond ETF

BNY Mellon ETF Trust BNY Mellon Responsible Horizons Corporate Bond ETF

Matosevic&#39;s leave is pending completion of an ongoing investigation being conducted by the Board with the assistance of outside legal counsel. Helios will make further announcements regarding this matter when the Board approves any course of action for which further disclosure is appropriate.
The alleged conduct that prompted this review does not relate to, and does not impact, the Company&#39;s strategy or financial reporting.

News

Management

HLIO

Helios Reports Board's Decision To Place Josef Matosevic, President, CEO And Director, On Paid Leave, Due To Allegations Of Potential Violation Of Code Of Business Conduct And Ethics

This compares to&nbsp;$42.80&nbsp;per share at March 31, 2024,&nbsp;$42.11&nbsp;per share at December 31, 2023 and&nbsp;$41.41&nbsp;per share at June 30, 2023.

Associated Capital Reports Preliminary Range For Its Q2 Book Value Of $42.75 To $42.95 Per Share

Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) shares traded higher Monday. President Joe Biden told congressional Democrats that he will continue his reelection<a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39625294/2024-election-betting-odds-react-to-biden-debate-disaster-trump-odds-hit-all-time-high-kam"> campaign in a letter on Monday. </a>
<h1 class="wp-block-heading">The Details</h1>
In a letter to Democrats in Congress, President Biden said that he remains <a href="https://www.documentcloud.org/documents/24794149-biden-letter-to-congressional-democrats">fully committed</a> to continuing his presidential campaign despite concerns regarding his mental fitness and ability to beat Donald Trump in the election. 
"I want you to know that despite all the speculation in the press and elsewhere, I am firmly committed to staying in this race, to running this race to the end, and to beating Donald Trump," Biden wrote.&nbsp;
Read Next:<a href="https://www.benzinga.com/news/24/07/39648950/whats-going-on-with-arm-holdings-stock"> What&#8217;s Going On With Arm Holdings Stock?</a>
Biden's letter to Democrats comes as he attempts to unite the party behind his campaign before the Democratic National Convention, scheduled to begin Aug. 19 in Chicago. 
"It's time to come together, move forward as a unified party, and defeat Donald Trump," Biden wrote.&nbsp;
Republicans will gather next week in Milwaukee for the Republican National Convention where the party will officially nominate its candidate for President, presumptively Trump after he crossed the majority delegate threshold necessary for the nomination back in March. 
Trump Media &amp; Technology stock rose following reports of Biden's letter to Democrats, possibly because <a href="https://www.benzinga.com/government/24/07/39663724/whats-going-on-with-trump-media-technology-group-stock-on-monday">investors view</a> Biden remaining in the race as good news for Trump's campaign. According to Covers, the <a href="https://www.covers.com/politics/us-election-betting-odds">odds </a>of Trump winning the 2024 election stand at -175 with an implied probability of 63%. 
According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Trump Media &amp; Technology shares are trading below the stock&#8217;s 50-day moving average of $42.96 and are down 32% over the past month.&nbsp;
<h1 class="wp-block-heading">Should I Sell My DJT Stock?</h1>
When deciding to hold on to or sell a stock, investors should consider their time horizon, unrealized gains and total return.
Shares of Trump Media &amp; Technology have increased by 125.43% in the past year. An investor who bought shares of Trump Media &amp; Technology at the beginning of the year would have made a profit of $12.87 per share if they sold it today. The stock has fallen 27.96% over the past month, meaning an investor who bought shares on June 1 would see a capital loss of $16.42.
Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. Trump Media &amp; Technology stock currently has an RSI of 26.27, indicating oversold conditions.
For access to advanced charting and analysis tools and stock data, check out <a href="https://pro.benzinga.com/">Benzinga PRO. Try it for free.</a> 
DJT Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Trump Media &amp; Technology Group shares ended Monday's session 3.94% higher at $30.32.&nbsp;
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<li><a href="https://www.benzinga.com/news/24/07/39650853/whats-going-on-with-palantir-stock">What&#8217;s Going On With Palantir Stock?</a></li>
</ul>
Image: Shutterstock

Government

Politics

Movers

What Happened With Trump Media & Technology Group Stock Today?

All of the securities to be sold in the offering are to be offered by Tonix.&nbsp;The Company intends to use the net proceeds from the offering for working capital and general corporate purposes, including the preparation of the new drug application relating to its Tonmya&trade; product candidate in patients with fibromyalgia, and the satisfaction of any portion of its existing indebtedness.

Offerings

TNXP

Tonix Pharmaceuticals Intends To Offer And Sell Shares Of Its Common Stock Or Pre-funded Warrants In Lieu Thereof

Across the recent three months, 15 analysts have shared their insights on American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>), expressing a variety of opinions spanning from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">2</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;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M 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>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;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for American Express, presenting an average target of $245.93, a high estimate of $280.00, and a low estimate of $175.00. Marking an increase of 5.68%, the current average surpasses the previous average price target of $232.71. 
<img src="https://www.benzinga.com/files/images/story/2024/1720472468_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The perception of American Express 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.
<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>Richard Shane</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$268.00</td>
<td>$240.00</td>
</tr>
<tr>
<td>Sanjay Sakhrani</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$280.00</td>
<td>$265.00</td>
</tr>
<tr>
<td>Keith Horowitz</td>
<td>Citigroup</td>
<td>Announces</td>
<td>Neutral</td>
<td>$250.00</td>
<td>-</td>
</tr>
<tr>
<td>Donald Fandetti</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$275.00</td>
<td>$265.00</td>
</tr>
<tr>
<td>Jon Arfstrom</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$263.00</td>
<td>$253.00</td>
</tr>
<tr>
<td>David George</td>
<td>Baird</td>
<td>Raises</td>
<td>Underperform</td>
<td>$205.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$255.00</td>
<td>$243.00</td>
</tr>
<tr>
<td>Donald Fandetti</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$265.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Moshe Orenbuch</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$225.00</td>
<td>$221.00</td>
</tr>
<tr>
<td>Jon Arfstrom</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$253.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Mark Devries</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$260.00</td>
<td>$240.00</td>
</tr>
<tr>
<td>James Fotheringham</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Underperform</td>
<td>$175.00</td>
<td>$167.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$226.00</td>
<td>$222.00</td>
</tr>
<tr>
<td>Saul Martinez</td>
<td>HSBC</td>
<td>Raises</td>
<td>Buy</td>
<td>$239.00</td>
<td>$232.00</td>
</tr>
<tr>
<td>Donald Fandetti</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$250.00</td>
<td>$220.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: 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 American Express. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of American Express compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for American Express's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
For valuable insights into American Express'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/AXP/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on American Express analyst ratings.</a>
<h2>All You Need to Know About American Express</h2>
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.
<h3>Key Indicators: American Express's Financial Health</h3>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: American Express displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 10.64%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: American Express's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 15.22%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): American Express's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 8.47%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): American Express's ROA excels beyond industry benchmarks, reaching 0.91%. This signifies efficient management of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.76.
<h2>The Basics of Analyst Ratings</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.
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 Ratings

The Analyst Landscape: 15 Takes On American Express

AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) underwent analysis by 7 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</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>Last 30D</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>1M Ago</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>
<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;">2</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>
In the assessment of 12-month price targets, analysts unveil insights for AT&amp;T, presenting an average target of $21.79, a high estimate of $26.00, and a low estimate of $17.00. This upward trend is apparent, with the current average reflecting a 2.16% increase from the previous average price target of $21.33.
<img src="https://www.benzinga.com/files/images/story/2024/1720472456_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
A clear picture of AT&amp;T's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>James Schneider</td>
<td>Goldman Sachs</td>
<td>Announces</td>
<td>Buy</td>
<td>$22.00</td>
<td>-</td>
</tr>
<tr>
<td>Bryan Kraft</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$26.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Timothy Horan</td>
<td>Oppenheimer</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$21.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>John Hodulik</td>
<td>UBS</td>
<td>Maintains</td>
<td>Buy</td>
<td>$24.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Kannan Venkateshwar</td>
<td>Barclays</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$20.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Maher Yaghi</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Outperform</td>
<td>$22.50</td>
<td>$22.00</td>
</tr>
<tr>
<td>Jonathan Atkin</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$17.00</td>
<td>$17.00</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 AT&amp;T. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of AT&amp;T compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of AT&amp;T's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of AT&amp;T's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/T/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on AT&amp;T analyst ratings.</a>
<h2>About AT&amp;T</h2>
The wireless business contributes about two thirds of AT&amp;T's revenue. The firm is the third-largest US wireless carrier, connecting 72 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 16% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access, serving 14 million customers. AT&amp;T also has a sizable presence in Mexico, with 22 million customers, but this business only accounts for 3% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.
<h3>AT&amp;T's Economic Impact: An Analysis</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Decline in Revenue: Over the 3 months period, AT&amp;T faced challenges, resulting in a decline of approximately -0.37% in revenue growth as of 31 March, 2024. This signifies a reduction 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 Communication Services sector.
Net Margin: AT&amp;T's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 11.31%, the company may face hurdles in effective cost management.
Return on Equity (ROE): AT&amp;T's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 3.27%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.84%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: AT&amp;T's debt-to-equity ratio stands notably higher than the industry average, reaching 1.44. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>Analyst Ratings: Simplified</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.
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.

In-Depth Examination Of 7 Analyst Recommendations For AT&T

Arcus Biosciences (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCUS#NYSE">RCUS</a>) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<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;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>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;">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>2M Ago</td>
<td style="text-align: right;">1</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;">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 Arcus Biosciences, presenting an average target of $34.25, a high estimate of $44.00, and a low estimate of $25.00. Observing a downward trend, the current average is 9.27% lower than the prior average price target of $37.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1720472446_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
The perception of Arcus Biosciences 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.
<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>Peter Lawson</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$25.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Asthika Goonewardene</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$44.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Yigal Nochomovitz</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$38.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>Robert Driscoll</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$30.00</td>
<td>$30.00</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 Arcus Biosciences. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Arcus Biosciences compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Arcus Biosciences's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Arcus Biosciences's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/RCUS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Arcus Biosciences analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Discovering Arcus Biosciences: A Closer Look</h2>
Arcus Biosciences Inc is a clinical-stage biopharmaceutical company. It develops immunotherapies for the treatment of cancer. The company focuses on an ATP-adenosine pathway, which is a key driver of immunosuppression in the tumor microenvironment to create and optimize differentiated small-molecule immuno-oncology product candidates. Its product pipeline includes Domvanalimab, Etrumadenant, AB598, Casdatifan among others. Arcus conducts clinical trials for different types of cancers such as Lung, Colorectal, Pancreatic, and others. The company operates through a single segment which is the business of developing and commercializing immunotherapies.
<h3>Arcus Biosciences: Financial Performance Dissected</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Positive Revenue Trend: Examining Arcus Biosciences's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 480.0% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Health Care sector.
Net Margin: Arcus Biosciences's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -2.76%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Arcus Biosciences's ROE stands out, surpassing industry averages. With an impressive ROE of -0.68%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Arcus Biosciences's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.34% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Arcus Biosciences's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.02.
<h2>How Are Analyst Ratings Determined?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
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.

RCUS

Cracking The Code: Understanding Analyst Reviews For Arcus Biosciences

6 analysts have shared their evaluations of Interactive Brokers Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>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;">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;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $139.33, along with a high estimate of $152.00 and a low estimate of $125.00. Witnessing a positive shift, the current average has risen by 9.99% from the previous average price target of $126.67.
<img src="https://www.benzinga.com/files/images/story/2024/1720472435_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Interactive Brokers Gr. 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>Daniel Fannon</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$150.00</td>
<td>$138.00</td>
</tr>
<tr>
<td>Daniel Fannon</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$138.00</td>
<td>$133.00</td>
</tr>
<tr>
<td>Benjamin Budish</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$136.00</td>
<td>$132.00</td>
</tr>
<tr>
<td>Craig Siegenthaler</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$152.00</td>
<td>$147.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$125.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Christopher Allen</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$135.00</td>
<td>$105.00</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 Interactive Brokers Gr. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Interactive Brokers Gr compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Interactive Brokers Gr's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/IBKR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Interactive Brokers Gr analyst ratings.</a>
<h2>Delving into Interactive Brokers Gr's Background</h2>
Interactive Brokers is an online brokerage that generates trading commissions (around 31% of net revenue) from facilitating trading in a wide range of products, including equity, options, futures, foreign exchange, bonds, mutual funds, and ETFs. Interactive Brokers also generates net interest income (about 64% of net revenue) from idle client cash and earns fees (about 6% of net revenue) from ancillary services. Principal trading and other miscellaneous activities are small (about 5% of net revenue). The firm derives about 70% of its net revenue from the U.S. and 30% from international markets.
<h3>Breaking Down Interactive Brokers Gr's Financial Performance</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Interactive Brokers Gr displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 25.82%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.
Net Margin: Interactive Brokers Gr's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 7.96%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 4.78%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Interactive Brokers Gr's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.13%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.0.
<h2>Analyst Ratings: What Are They?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
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.

IBKR

The Analyst Landscape: 6 Takes On Interactive Brokers Gr

5 analysts have shared their evaluations of Viper Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNOM#NASDAQ">VNOM</a>) during the recent three months, expressing 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;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<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;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $45.4, a high estimate of $53.00, and a low estimate of $42.00. Observing a 10.06% increase, the current average has risen from the previous average price target of $41.25. 
<img src="https://www.benzinga.com/files/images/story/2024/1720472423_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The analysis of recent analyst actions sheds light on the perception of Viper Energy by financial experts. The following summary presents 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>Stephen Richardson</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$45.00</td>
<td>$37.00</td>
</tr>
<tr>
<td>Neal Dingmann</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$53.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>Aaron Bilkoski</td>
<td>TD Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$42.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Mark Lear</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$43.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>Betty Jiang</td>
<td>Barclays</td>
<td>Announces</td>
<td>Overweight</td>
<td>$44.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: 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 Viper Energy. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Viper Energy compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Viper Energy's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
To gain a panoramic view of Viper Energy's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/VNOM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Viper Energy analyst ratings.</a>
<h2>Get to Know Viper Energy Better</h2>
Viper Energy Inc is focused on owning and acquiring mineral and royalty interests in oil and natural gas properties primarily in the Permian Basin. The Permian Basin is known to have a number of zones of oil and natural gas-bearing rock throughout.
<h3>Financial Milestones: Viper Energy's Journey</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Viper Energy's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 21.76%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Energy sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Viper Energy's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 21.1% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Viper Energy's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.14% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Viper Energy's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.08%, the company showcases efficient use of assets and strong financial health.
Debt Management: Viper Energy's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.01, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Significance of Analyst Ratings Explained</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

VNOM

Peeling Back The Layers: Exploring Viper Energy Through Analyst Insights

Red Rock Resorts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RRR#NASDAQ">RRR</a>) has outperformed the market over the past 5 years by 6.91% on an annualized basis producing an average annual return of 19.96%. Currently, Red Rock Resorts has a market capitalization of $3.31 billion. 
Buying $100 In RRR: If an investor had bought $100 of RRR stock 5 years ago, it would be worth $257.89 today based on a price of $55.55 for RRR at the time of writing.
<h3>Red Rock Resorts's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720472420_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

Here's How Much $100 Invested In Red Rock Resorts 5 Years Ago Would Be Worth Today

Axon Enterprise (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>) has outperformed the market over the past 5 years by 23.16% on an annualized basis producing an average annual return of 36.22%. Currently, Axon Enterprise has a market capitalization of $22.83 billion. 
Buying $1000 In AXON: If an investor had bought $1000 of AXON stock 5 years ago, it would be worth $4,807.37 today based on a price of $302.48 for AXON at the time of writing.
<h3>Axon Enterprise's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720472415_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.

AXON

$1000 Invested In This Stock 5 Years Ago Would Be Worth $4,800 Today

First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) has been analyzed by 33 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
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;">14</td>
<td style="text-align: right;">17</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>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;">1</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>2M Ago</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">4</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>3M Ago</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">7</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>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $269.27, along with a high estimate of $356.00 and a low estimate of $194.00. This current average has increased by 9.37% from the previous average price target of $246.19. 
<img src="https://www.benzinga.com/files/images/story/2024/1720472413_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The analysis of recent analyst actions sheds light on the perception of First Solar by financial experts. The following summary presents 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>Chris Dendrinos</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$315.00</td>
<td>$315.00</td>
</tr>
<tr>
<td>Biju Perincheril</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$285.00</td>
<td>$258.00</td>
</tr>
<tr>
<td>Ben Kallo</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$307.00</td>
<td>$344.00</td>
</tr>
<tr>
<td>Corinne Blanchard</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$280.00</td>
<td>$215.00</td>
</tr>
<tr>
<td>Colin Rusch</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$325.00</td>
<td>$271.00</td>
</tr>
<tr>
<td>Ben Kallo</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$344.00</td>
<td>$246.00</td>
</tr>
<tr>
<td>Ameet Thakkar</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$311.00</td>
<td>$224.00</td>
</tr>
<tr>
<td>Brian Kinstlinger</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$302.00</td>
<td>$268.00</td>
</tr>
<tr>
<td>Andrew Percoco</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$331.00</td>
<td>$248.00</td>
</tr>
<tr>
<td>Philip Shen</td>
<td>Roth MKM</td>
<td>Raises</td>
<td>Buy</td>
<td>$320.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Maheep Mandloi</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$274.00</td>
<td>$209.00</td>
</tr>
<tr>
<td>Markus Leistner</td>
<td>DZ Bank</td>
<td>Announces</td>
<td>Hold</td>
<td>$270.00</td>
<td>-</td>
</tr>
<tr>
<td>Jon Windham</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$350.00</td>
<td>$270.00</td>
</tr>
<tr>
<td>Mark Strouse</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$262.00</td>
<td>$240.00</td>
</tr>
<tr>
<td>Jon Windham</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$270.00</td>
<td>$252.00</td>
</tr>
<tr>
<td>Kashy Harrison</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$219.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Christine Cho</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$228.00</td>
<td>$227.00</td>
</tr>
<tr>
<td>Joseph Osha</td>
<td>Guggenheim</td>
<td>Lowers</td>
<td>Buy</td>
<td>$356.00</td>
<td>$359.00</td>
</tr>
<tr>
<td>Mark Strouse</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$240.00</td>
<td>$237.00</td>
</tr>
<tr>
<td>Jon Windham</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$252.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Colin Rusch</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$271.00</td>
<td>$269.00</td>
</tr>
<tr>
<td>Dushyant Ailani</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$211.00</td>
<td>$209.50</td>
</tr>
<tr>
<td>Maheep Mandloi</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Buy</td>
<td>$209.00</td>
<td>$196.00</td>
</tr>
<tr>
<td>Andrew Percoco</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$248.00</td>
<td>$245.00</td>
</tr>
<tr>
<td>Brian Kinstlinger</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$268.00</td>
<td>$265.00</td>
</tr>
<tr>
<td>Sean Morgan</td>
<td>Evercore ISI Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$227.00</td>
<td>-</td>
</tr>
<tr>
<td>Christine Cho</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$227.00</td>
<td>$224.00</td>
</tr>
<tr>
<td>Michael Blum</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$250.00</td>
<td>$187.00</td>
</tr>
<tr>
<td>Philip Shen</td>
<td>Roth MKM</td>
<td>Maintains</td>
<td>Buy</td>
<td>$230.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Markus Leistner</td>
<td>DZ Bank</td>
<td>Announces</td>
<td>Buy</td>
<td>$205.00</td>
<td>-</td>
</tr>
<tr>
<td>Colin Rusch</td>
<td>Oppenheimer</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$269.00</td>
<td>$269.00</td>
</tr>
<tr>
<td>Sean Milligan</td>
<td>Janney Montgomery Scott</td>
<td>Announces</td>
<td>Buy</td>
<td>$236.00</td>
<td>-</td>
</tr>
<tr>
<td>Julien Dumoulin-Smith</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$194.00</td>
<td>$187.00</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 First Solar. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of First Solar compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for First Solar's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Capture valuable insights into First Solar's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/FSLR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on First Solar analyst ratings.</a>
<h2>Discovering First Solar: A Closer Look</h2>
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
<h3>Financial Milestones: First Solar's Journey</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, First Solar showcased positive performance, achieving a revenue growth rate of 44.83% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.
Net Margin: First Solar's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 29.8%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 3.48%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): First Solar's ROA stands out, surpassing industry averages. With an impressive ROA of 2.24%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: First Solar's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.1.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

FSLR

First Solar Stock: A Deep Dive Into Analyst Perspectives (33 Ratings)

A Former Secretary of Labor chimed in on Boeing Co&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) emblematic market position following years of safety concerns and <a href="https://www.benzinga.com/news/24/07/39658887/boeing-strikes-plea-deal-with-doj-for-defrauding-us-regulator-over-737-max-safety-victims-lawyer-cal">a plea deal</a> with the United States Department of Justice on Monday.
The Plea Deal: Boeing and the DOJ agreed to a preliminary plea deal, according to a court filing on Sunday night.
Boeing will plead guilty to criminal conspiracy to defraud the U.S. after allegedly misleading the Federal Aviation Administration regarding safety on its 737 MAX plane. Two crashes of the 737 Max in 2018 and 2019 <a href="https://www.benzinga.com/government/24/07/39625439/boeing-faces-high-stakes-decision-accept-plea-deal-or-risk-trial-over-737-max-safety-violations">resulted in the deaths</a> of 346 passengers.
Under the deal, Boeing will spend at least $455 million on safety and compliance over the next three years, according to court filings. The agreement also requires Boeing to install a corporate monitor and allow the court to determine restitution for victims&#8217; families.
Also Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39674671/bank-earnings-preview-analyst-reveals-3-favorites-but-downgrades-jpmorgan-and-2-oth">Bank Earnings Preview: Analyst Reveals 3 Favorites, But Downgrades JPMorgan And 2 Others</a>
Reactions: Robert Reich, Labor Secretary under the Clinton Administration, called Boeing a &#8220;sh&#x2A;&#x2A;&#x2A;y corporation&#8221; in the wake of its plea deal.
&#8220;Boeing's descent reveals everything wrong with American capitalism today,&#8221; Reich <a href="https://x.com/RBReich/status/1810325190418534877">posted</a> on X.
Speaking broadly on Boeing&#8217;s purported operational failures, Reich connected safety mishaps to the company&#8217;s merger with McDonnell Douglass in 1997. Reich believes that the merger was anticompetitive, and led Boeing to focus less on creating quality products in favor of cutting costs.
Reich also alleged that Boeing spent millions on stock buybacks and congressional lobbying instead of using its cash to ensure that its planes were safe. Furthermore, Reich alleged that Boeing&#8217;s workplace culture prioritized profits over safety.
&#8220;All of this inevitably led to the deadly safety issues Boeing faces today,&#8221; Reich said.
Reich said that Boeing should serve as a &#8220;cautionary tale,&#8221; and urged the government to increase antitrust enforcement, issue government contracts more carefully and ban stock buybacks as a means of preventing safety catastrophes.
Price Action: Boeing closed 0.55% higher at $185.84 on Monday. One of the worst performers in the S&amp;P 500, its stock is down over 26% in 2024. Boeing is also down nearly 50% in the past five years.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/technicals/24/07/39671517/legal-turbulence-shakes-boeing-stock-is-there-more-altitude-ahead">Legal Turbulence Shakes Boeing Stock: Is There More Altitude Ahead?</a></li>
</ul>
Photo: Shutterstock

Regulations

Travel

Legal

'Boeing Is Everything Wrong With American Capitalism': Ex-Labor Secretary Robert Reich Responds To Plea Deal

NextNav Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NN#NASDAQ">NN</a>) shares are trading higher in Monday&#8217;s after-hours session after the company was awarded a <a href="https://www.benzinga.com/pressreleases/24/07/g39675321/nextnav-granted-department-of-transportation-award-to-test-pnt-services-as-a-complement-and-backup">U.S. Department of Transportation (DOT) contract</a>.
What Happened: After the market close on Monday, NextNav announced it won a new award from DOT to conduct real-world field tests of its 3D PNT technologies. NextNav will provide PNT (positioning, navigation and timing) information to meet infrastructure needs when GPS service is unavailable.
The award comes from the DOT Volpe Center and is a part of the agency&#8217;s complementary PNT Action Plan to help &#8220;facilitate adoption into systems that depend on secure and reliable PNT services.&#8221; NextNav&#8217;s 3D PNT technology is a terrestrial solution that delivers PNT as a complement and backup to GPS.
&#8220;As NextNav continues to develop technology solutions to address national security, economic, and public safety needs, we are pleased to engage with the U.S. DOT on the mission-critical work of testing our complementary PNT services,&#8221; said Mariam Sorond, CEO of NextNav.
&#8220;We realize the importance of a terrestrial PNT complement and backup to support our nation&#8217;s critical infrastructure, and we look forward to working with the U.S. DOT to demonstrate our PNT capabilities.&#8221;
See Also: <a href="https://www.benzinga.com/general/entertainment/24/07/39668270/paramount-analysts-size-up-merger-skydance-aims-for-earnings-not-a-breakup-redstone-says-co">Paramount Analysts Size Up Merger: Skydance Aims For Earnings, &#8216;Not A Breakup,&#8217; Redstone Says Content Is King</a>
NextNav noted that it&#8217;s currently petitioning the Federal Communications Commission to reconfigure the lower 900 MHz spectrum band to optimize its use for a terrestrial complement and backup to GPS, as well as additional spectrum for 5G broadband.
NN Price Action: <a href="https://www.benzinga.com/quote/NN">NextNav shares</a> closed Monday down 1.19% at $8.33. The stock climbed to $9 in after-hours trading before pulling back. NextNav shares were up 2.04% after hours at $8.50 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>. 
Photo: 3844328 from Pixabay.

Contracts

After-Hours Center

Tech

NextNav Stock Is Moving After The Market Close: What's Going On?

Investors should be ready for a "choppy" third quarter as uncertainty over corporate earnings, Fed policy and the U.S. election <a href="https://www.benzinga.com//node/39656549">create the perfect storm for a market correction</a>.
In a Monday interview, Morgan Stanley's Chief Investment Officer Mike Wilson said the market should brace itself for a 10% to 15% correction between now and November.
This means that the S&amp;P 500 could be close to its 2024 ceiling. <a href="https://www.benzinga.com//node/39659420">The index hit its historical ceiling on Friday</a> after a positive jobs report lit up investor enthusiasm.
<h3 class="wp-block-heading">What Needs To Happen For Small-Cap Businesses To Thrive?</h3>
Companies with bad earnings reports "are going to get punished," Wilson <a href="https://www.youtube.com/watch?v=7RPZ8zWYA-Q">told </a>Bloomberg Television.
These include most of the S&amp;P 500 companies that are not in the top 50.&nbsp;
This is what's been happening this year for most companies, outside of the small group of large-caps that actually have positive earnings. Currently, <a href="http://reasons">only 17% of S&amp;P 500 companies actually beat the index in the past month</a>.
The S&amp;P 500 is closely monitored through ETFs such as the&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>),&nbsp;Vanguard S&amp;P 500 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>), and&nbsp;iShares Core S&amp;P 500 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>), providing various avenues for investment in its comprehensive performance.
"The average company does not have good earnings results," Wilson said.
Although the market has seen an expansion in corporate earnings this year, this growth is coming from "30 or 40 companies."&nbsp;
Fertile conditions for growth for smaller companies tend to come when the country is coming out of a recession. This is because when a new cycle starts, low interest rates open up access to capital and companies gain operating leverage.
This, unfortunately, is not where we are today.
For smaller businesses to thrive in the current landscape, the Fed would need to cut interest rates "meaningfully" for the cost of capital to come down.&nbsp;
Read Also: <a href="https://www.benzinga.com//node/39652831">Wharton&#8217;s Jeremy Siegel Implores Jerome Powell To Signal September Rate Cuts: &#8216;We Are In A Slowing Economy&#8217;</a>
The labor market would need to loosen, meaning that the unemployment rate should go up for businesses to be able to hire workers at "more reasonable" prices within their balance sheets, Wilson said.
This would lead to a scenario where small-cap companies can recover pricing power and are able to improve their earnings.
Yet for the Fed, this is a challenge. The agency needs to bring down interest rates at a rate that helps tackle inflation, but also give enough time for companies to recover since, according to Wilson, lower inflation is also hurting smaller companies if they don't have access to capital.
"One thing that gets overlooked is that companies are losing pricing power now. So while we're all rooting for lower inflation, weaker inflation is not great for earnings," Wilson said.
<h3 class="wp-block-heading">Where Is The 10% Correction Coming From?</h3>
Wilson says that investors currently have a lot more exposure to high-multiple stocks than they are aware.
High-multiple stocks are those whose market value is many multiples above their price to earnings ratio, meaning that they're overvalued.
&#8220;If you have an event that's unpredictable, then you can have a real reset on valuations of 10% or 15%. I think the chance of a 10% correction is highly likely sometime between now and the election.&#8221;
This is because the market is still waiting to find out <a href="https://www.benzinga.com//node/39669343">whether Joe Biden or Donald Trump will head the government next year</a>, which will have a serious impact on tariffs for imported goods, as well as immigration policy and other key policy issues.
But uncertainty will likely prevail for reasons other than the election itself, says Wilson.&nbsp;
Expectation on a Fed decision to cut rates, which are independent of who wins the election, as well as uncertainty over company earnings leads to a third quarter where the market can take a hit. This could be true if the uncertainty moves investors to cash in on higher valuations before the prices of stocks go down.
The upside, says the pundit, is that lower stock prices will bring in opportunities to buy, making for more "exciting" valuations.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39674671/bank-earnings-preview-analyst-reveals-3-favorites-but-downgrades-jpmorgan-and-2-oth">Bank Earnings Preview: Analyst Reveals 3 Favorites, But Downgrades JPMorgan And 2 Others</a></li>
</ul>
Shutterstock image.

Analyst Color

Equities

Large Cap

Markets

Media

General

Market Correction 'Highly Likely' Before 2024 Election, Says Morgan Stanley CIO

Cipher Mining's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIFR#NYSE">CIFR</a>) short percent of float has risen 14.33% since its last report. The company recently reported that it has 20.18 million shares sold short, which is 10.93% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.95 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Cipher Mining Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720471521_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Cipher Mining has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Cipher Mining's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Cipher Mining's peer group average for short interest as a percentage of float is 8.48%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

CIFR

How Is The Market Feeling About Cipher Mining?

Morgan Stanley's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) short percent of float has fallen 7.55% since its last report. The company recently reported that it has 12.25 million shares sold short, which is 0.98% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.6 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Morgan Stanley Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720471516_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Morgan Stanley has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Morgan Stanley's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Morgan Stanley's peer group average for short interest as a percentage of float is 3.20%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Morgan Stanley's Recent Short Interest

Paycom Software's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAYC#NYSE">PAYC</a>) short percent of float has risen 11.35% since its last report. The company recently reported that it has 2.30 million shares sold short, which is 4.71% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.46 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Paycom Software Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720471511_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Paycom Software has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Paycom Software's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Paycom Software's peer group average for short interest as a percentage of float is 5.65%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

PAYC

How Is The Market Feeling About Paycom Software?

VSAC

Vision Sensing Acquisition Extends Period To Consummate Initial Business Combination To August 3, 2024

The effective date of the merger is expected to be August 1, 2024.&nbsp;Assured Guaranty Municipal Corp. (AGM) will merge into Assured Guaranty Inc. (AG), which was named Assured Guaranty Corp.
The merger is also expected to strengthen Assured Guaranty&#39;s ability to continue successfully executing its strategies to achieve its business objectives.
AG will continue to be domiciled in Maryland, and the Maryland Insurance Administration (MIA) will be its primary regulator, as it has been since December 31, 1987.&nbsp; 
In connection with the merger of AGM into AG, the MIA approved a&nbsp;$300 million&nbsp;stock redemption (sometimes described as a &quot;special dividend&quot;) by the combined company, which is expected to be effectuated shortly following the merger.