iShares MSCI USA Size Factor ETF (ARCA: SIZE)

Latest news for iShares MSCI USA Size Factor ETF (ARCA:SIZE)

iShares MSCI USA Size Factor ETF

iShares Edge MSCI USA Size Factor ETF

iShares MSCI USA Size Factor

Technology

Industrials

Financial Services

Consumer Cyclical

Healthcare

Real Estate

Energy

Consumer Defensive

Utilities

Communication Services

Basic Materials

Other

The Fund seeks to track the investment results of the MSCI USA Low Size Index (the Underlying Index), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index (the Parent Index). The Parent Index includes U.S. large- and mid-capitalization stocks, as defined by MSCI Inc. (the Index Provider or MSCI). The Underlying Index is constructed by applying a mathematical formula at each rebalancing that reweights the components of its market capitalization-weighted Parent Index, such that the representation of smaller capitalization companies is increased relative to larger capitalization companies. In addition, at each rebalancing, the Index Provider calculates a constraint factor for each component. The constraint factor is the ratio of the components weight in the Underlying Index to that components weight in the Parent Index. The constraint factor is held constant between each rebalancing, except in the case of corporate events (as defined by the Index Provider).

Blackrock Cash Funds: Treasury, Sl Agency Shares

Burlington Stores Inc

First Solar Inc

Best Buy Co. Inc.

Deckers  Outdoor  Corp 

Dicks Sporting Goods, Inc.

Enphase Energy Inc Common Stock

Universal Health Services Inc.

Marathon Oil Corp.

International Paper Co.

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

News

Price Target

Analyst Ratings

SPOT

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

A movie about a U.S. Senator was one of the most watched films on streaming platform Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) over the past week. The renewed interest is related to the <a href="https://www.benzinga.com/topic/2024-election">2024 presidential election.</a>
What Happened: Former President Donald Trump selected Senator J.D. Vance (R-Ohio) as<a href="https://www.benzinga.com/general/politics/24/07/39780777/trump-picks-senator-j-d-vance-as-running-mate-musk-says-great-choice-for-vp"> his running mate</a> in the 2024 election.
Prior to being a member of the Senate, Vance was a venture capitalist and gained national fame as the author of the bestselling memoir "Hillbilly Elegy."
Also Read: <a href="https://www.benzinga.com/markets/cannabis/24/07/39912303/kamala-harris-prospective-vp-picks-all-seem-to-support-cannabis-legalization-5-names-in-the-mix" target="_blank" rel="noreferrer noopener">Harris' Prospective VP Picks All Seem To Support Cannabis Legalization – 6 Names In The Mix</a>
The 2016 memoir was turned into a movie that Netflix had the distribution rights to and now streams on their platform.
Vance's book, as well as the film adaptation, tells the story of his upbringing in rural Kentucky and later in blue-collar Ohio.
"From a former marine and Yale Law School graduate, a powerful account of growing up in a poor Rust Belt town that offers a broader, probing look at the struggles of America's white working class," a description of the book reads.
Since Vance was announced as Trump's vice-presidential pick, the movie saw strong interest from Netflix subscribers.
The streaming platform <a href="https://www.netflix.com/tudum/top10">announced </a>its top 10 most-viewed titles Tuesday and "Hillbilly Elegy" ranked eighth for the week of July 15 through July 21 among English-language films.
See Also: <a href="https://www.benzinga.com/government/24/07/39918749/kamala-harris-vs-trump-views-on-nearly-every-industry-evs-oil-gas-health-care-are-worlds-apart">Harris Vs. Trump: Views On Nearly Every Industry — EVs, Oil &amp; Gas, Health Care — Are Worlds Apart</a>
Ranking in the top 10 for the first time since Netflix began publishing its weekly list, the film had 9.4 million hours viewed and 4.8 million views.
The movie adaptation of the book starred&nbsp;Glenn Close, Amy Adams&nbsp;and&nbsp;Gabriel Basso, who portrayed Vance. Close was nominated for an Academy Award for Supporting Actress. The film also received an Academy Award nomination for Best Makeup &amp; Hairstyling.
Netflix could benefit from having the rights to the film, as searches on Google have soared for "Hillbilly Elegy."
Google Trends <a href="https://trends.google.com/trends/explore?date=today%201-m&amp;geo=US&amp;q=hillbilly%20elegy&amp;hl=en">shows </a>that the top states searching for the movie/book were Kentucky, West Virginia, Tennessee, Alabama and South Carolina.
The top breakout search terms based on "Hillbilly Elegy," listed below, also play well in Netflix's favor.
<ul>
<li>JD Vance movie</li>
<li>JD Vance wife</li>
<li>Where to watch Hillbilly Elegy</li>
<li>What is Hillbilly Elegy about</li>
<li>Is Hillbilly Elegy true</li>
</ul>
Read Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39799850/5-things-you-might-not-know-about-j-d-vance-hillbilly-elegy-author-bitcoin-holder-first-mi">5 Things You Might Not Know About J.D. Vance: &#8216;Hillbilly Elegy&#8217; Author, Bitcoin Holder, First Millennial VP Pick And More</a>
Why It's Important: Netflix isn't the only one gaining from the surge in interest for the book. The book, which is called "A Memoir of a Family and Culture in Crisis," is also performing well for e-commerce giant Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
The paperback version of the book is currently <a href="https://www.amazon.com/Hillbilly-Elegy-Memoir-Family-Culture/dp/0062300555/ref=sr_1_1?crid=39X2KHVWYDRTE&amp;dib=eyJ2IjoiMSJ9.g-_jYUvIVGPLSLf6vZC8jM7UJBkdh51YUAHBxQei0XQzPuNTzEqlICvGSAzqFklVOwhBrUDoC5MMLyx3vzvAKcMpZWo_9uWnNcSzJg771s_zKNiMo-P1LZtDN_E8ykP4mRYLWiV0Ibhc4IoqiY7AAUAeC3C8jMAG-fbbOHCJlRh-fv-117ghRSA7QRrjdCCUzdjFAddgKW1RfO4jqarWh9PujhZTK-Qjs8XdqcpHGVM.UGu-7uCbr35kLPDL2-ww46ej3q3QgzsiT0fchRS7X28&amp;dib_tag=se&amp;keywords=hillbilly+elegy&amp;qid=1721761371&amp;sprefix=hillbilly+elegy%2Caps%2C128&amp;sr=8-1">ranked </a>number one in the Books category with the hardcover version of the book ranking number three in the category.
While it's common for older books to surge in interest and sales volume on a platform like Amazon when a movie or TV series is released on the content, this comes four years after the movie was released.
With the 2024 election four months away and the potential that Vance is on the winning side of the race, the book and movie could continue to see strong interest.
Read Next:
<ul>
<li><a href="https://bzresearch.myclickfunnels.com/latest-research-webinar-redirect-evergreen?utm_source=website-content" target="_blank" rel="noreferrer noopener">Turn Trading Into The Ultimate Side Hustle Using Benzinga Tools In A Free Webinar</a></li>
</ul>

Entertainment

Politics

AMZN

NFLX

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

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

Earnings

Earnings Misses

VBTX

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

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

Management

ATKR

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

Mattel, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>) reported its second-quarter financial results Tuesday. Here's a look at the<a href="https://www.benzinga.com/pressreleases/24/07/b39917254/mattel-reports-second-quarter-2024-financial-results"> details from the report. </a>
The Details: Mattel reported quarterly earnings of 19 cents per share, which beat the analyst consensus estimate of 17 cents by 11.76%. Quarterly sales came in at $1.08 billion which missed the analyst consensus estimate of $1.10 billion by 1.59% and represents a 0.64% decrease from the same period last year.
Mattel reported adjusted gross margin increased to 49.2%, primarily driven by savings from the Optimizing for Profitable Growth program, cost deflation, lower sales adjustments and lower inventory management costs.
Read Also: <a href="https://www.benzinga.com/news/24/07/39891006/sunpower-stock-attempts-to-bounce-back-whats-going-on">SunPower Stock Attempts To Bounce Back: What&#8217;s Going On?</a>
Worldwide gross billings for Dolls were $414 million, down 6% as reported, or 5% in constant currency, versus the prior year&#8217;s second quarter, primarily due to declines in Barbie, Disney Princess and Frozen.
Worldwide gross billings for Infant, Toddler and Preschool were $190 million, down 4%, primarily due to declines in Preschool Entertainment and Baby Gear &amp; Power Wheels, partially offset by growth in Fisher-Price.
Worldwide gross billings for Vehicles were $370 million, up 2%, primarily driven by growth in Hot Wheels.
Worldwide gross billings for Action Figures, Building Sets, Games, and Other were $227 million, up 1%, primarily driven by growth in Games, partially offset by declines in Action Figures.
&#8220;This was a good quarter for Mattel, where we achieved significant gross margin expansion, and growth in Adjusted EBITDA and Adjusted EPS. We further strengthened our balance sheet and more than doubled free cash flow in the trailing 12-month period. Mattel is well positioned for the second half, with new product innovation and increased retail support. We are in a strong financial position to execute our strategy to grow our IP-driven toy business and expand our entertainment offering,&#8221; said Ynon Kreiz, CEO of Mattel.
Outlook:  Mattel reiterated its full-year 2024 guidance of $5.441 billion in net sales and adjusted gross margin between 48.5% and 49%.
MAT Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Mattel shares are up 1.39% after-hours at $17.48 at the time of publication after falling 7.71% during regular trading Tuesday.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39891755/whats-going-on-with-coinbase-shares-today">What&#8217;s Going On With Coinbase Shares Today?</a></li>
</ul>
Image: Gerd Altmann from Pixabay

After-Hours Center

Movers

Mattel Reports Mixed Q2 Results: EPS Beat, Sales Miss

Offerings

LLAP

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

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

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

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

Analyst Scoreboard: 35 Ratings For Walmart

5 analysts have expressed a variety of opinions on Genuine Parts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Genuine Parts, presenting an average target of $158.8, a high estimate of $165.00, and a low estimate of $150.00. This current average represents a 4.68% decrease from the previous average price target of $166.60. 
<img src="https://www.benzinga.com/files/images/story/2024/1721768433_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
A comprehensive examination of how financial experts perceive Genuine Parts is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Scot Ciccarelli</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$164.00</td>
<td>$183.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$155.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Michael Lasser</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$150.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$160.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$165.00</td>
<td>$160.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Genuine Parts. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Genuine Parts compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Genuine Parts's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into Genuine Parts's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/GPC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Genuine Parts analyst ratings.</a>
<h2>Get to Know Genuine Parts Better</h2>
Genuine Parts sells aftermarket automotive parts (about 60% of sales) and industrial products (40% of sales) in the United States and internationally. The automotive segment primarily acts as a distributor to its network of 9,800 global retail locations of which about two thirds are independently owned and operated. we estimate Genuine serves around 6,000 retail locations in the US operating under the Napa Auto Parts brand, with about 80% of sales derived from professional customers. Its industrial segment, primarily operating under the Motion banner in the United States, serves as a leading distributor of bearings, power transmission, and other industrial products to over 200,000 maintenance, repair, and original equipment manufacturer clients.
<h3>Financial Milestones: Genuine Parts's Journey</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Over the 3 months period, Genuine Parts showcased positive performance, achieving a revenue growth rate of 0.32% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Genuine Parts's net margin is impressive, surpassing industry averages. With a net margin of 4.3%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Genuine Parts's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.65%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Genuine Parts's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.37%, the company showcases efficient use of assets and strong financial health.
Debt Management: Genuine Parts's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.12, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Significance of Analyst Ratings Explained</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Decoding 5 Analyst Evaluations For Genuine Parts

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

Trading Ideas

ORLY

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

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

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

Guidance

ROIC

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

Vice President Kamala Harris appears ready to secure the Democratic Party's nomination and could soon be tasked with selecting a vice-presidential candidate to be her running mate in <a href="https://www.benzinga.com/topic/2024-election">the 2024 election.</a>
What Happened: Harris <a href="https://www.benzinga.com/general/politics/24/07/39908377/kamala-harris-secures-majority-backing-for-2024-democratic-nomination-ap-survey">has secured enough delegates</a> to win the party's nomination according to reports, setting up a head-to-head battle against former President Donald Trump in the 2024 election.
One of Harris' first tasks could be to select a vice-presidential candidate. Former Attorney General Eric Holder is<a href="https://www.reuters.com/world/us/former-attorney-general-holder-vet-harriss-potential-running-mates-sources-2024-07-22/"> reportedly</a> tasked to lead the search as Harris looks to drum up additional support from Democratic and Independent voters.
Over $16 million was wagered on Polymarket, which <a href="https://polymarket.com/event/democratic-vp-nominee?tid=1721758379938">offers </a>bettors the chance to gamble on who Harris will select.
The current favorites are listed below:
<ul>
<li>Mark Kelly: 35%</li>
<li>Josh Shapiro: 24%</li>
<li>Roy Cooper: 20%</li>
<li>Andy Beshear: 9%</li>
<li>Pete Buttigieg: 4%</li>
<li>Tim Walz: 3%</li>
<li>Gretchen Whitmer: 3%</li>
</ul>
There appear to be four betting favorites.
Kelly is a U.S. Senator for Arizona since 2020 and a former astronaut. The Senator has some name recognition thanks to his space missions and being married to former Congresswoman Gabby Giffords.
Shapiro is the governor of Pennsylvania since 2023 and has risen in name recognition. Before endorsing Harris, the governor was viewed as a potential replacement option for Biden. Shapiro was Pennsylvania attorney general from 2017 to 2023 (Harris held that title in California before joining the Senate).
North Carolina Governor Cooper previously served in the state's House of Representatives and Senate. He was also the state&#8217;s attorney general from 2001 to 2017.
Beshear is the governor of Kentucky since 2019. Beshear also served as the attorney general of the state from 2016 to 2019.
Further down the list are Secretary of Transportation Buttigieg, Minnesota Gov. Walz and Michigan Gov. Whitmer.
Read Also: <a href="https://www.benzinga.com/general/politics/24/07/39914544/trump-vs-harris-former-president-has-9-point-lead-over-vp-bidens-decision-to-step-aside-for-harr">Trump Vs. Harris: Former President Has 9-Point Lead Over VP, &#8216;Biden&#8217;s Decision To Step Aside For Harris May Be A Case Of Too Similar, Too Late&#8217;</a>
Why It's Important: With an expected close race against Trump, Harris&#8217; VP decision could be an especially important one.
Trump selected Senator J.D. Vance as <a href="https://www.benzinga.com/general/politics/24/07/39780777/trump-picks-senator-j-d-vance-as-running-mate-musk-says-great-choice-for-vp">his running mate,</a> bringing in someone with minimal political experience and a business background. Vance is also one of the youngest vice-presidential candidates ever. He&#8217;s expected to appeal to right-wing voters in the Midwest and Rust Belt states.
Harris could counter this by picking someone from a state in this region like Pennsylvania, Indiana (Buttigieg), or Michigan.
Buttigieg, 42, is one of the youngest members in strong contention for the role. The former mayor of South Bend, Indiana would bring a millennial to the campaign — offsetting millennial Vance.
Cooper, 67, is one of the most experienced candidates and has experience as a governor, state representative, state senator and state attorney general.
Swing states could be incredibly important in the 2024 election. The commonly listed swing states are Arizona, Georgia, Michigan, Nevada, Pennsylvania and Wisconsin with North Carolina also sometimes listed. This would make Kelly, Shapiro, Cooper and Whitmer as potential picks to help secure the key states.
Whitmer has endorsed Harris and <a href="https://www.crainsgrandrapids.com/news/politics-policy/whitmer-endorses-harris-wont-accept-a-running-mate-offer/?utm_term=Autofeed&amp;utm_medium=Social&amp;utm_source=Twitter#Echobox=1721660690">said </a>she does not want to be included on the ticket, likely ruling out a potential run.
Read Next:
<ul>
<li><a href="https://bzresearch.myclickfunnels.com/latest-research-webinar-redirect-evergreen?utm_source=website-content" target="_blank" rel="noreferrer noopener">Turn Trading Into The Ultimate Side Hustle Using Benzinga Tools In A Free Webinar</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$ETH

$MATIC

$USDC

Who Will Kamala Harris Pick For Vice President? Crypto Bettors Have 4 Favorites For Democratic Party Running Mate

Tigress Financial analyst Ivan Feinseth maintains Walmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) with a Buy and raises the price target from $75 to $86.

Tigress Financial Maintains Buy on Walmart, Raises Price Target to $86

USNA

USANA Health Sciences Updates FY24 Net Sales Outlook From $850M - $920M To $850M - $880M (Est $883.518M) And EPS Outlook From $2.40 - $3.00 To $2.40 - $2.55 (Est $2.78)

Seagate Technology Holdings PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) shares are rising in Tuesday&#8217;s after-hours session on the heels of the company&#8217;s <a href="https://www.benzinga.com/pressreleases/24/07/b39917271/seagate-technology-reports-fiscal-fourth-quarter-and-fiscal-year-2024-financial-results">fiscal fourth-quarter financial results</a>.
<ul>
<li>Q4 Revenue: $1.89 billion, versus estimates of $1.877 billion</li>
</ul>
<ul>
<li>Q4 EPS: $1.05, versus estimates of 75 cents</li>
</ul>
During Seagate&#8217;s fiscal&nbsp;fourth quarter, the data storage company generated&nbsp;$434 million&nbsp;in cash flow from operations and $380 million&nbsp;in free cash flow. Seagate ended the quarter with $1.4 billion in cash and cash equivalents.
&#8220;Seagate delivered robust financial performance for the June quarter amid an improving cloud demand environment, capping off a fiscal year of strong execution against our financial goals.&nbsp;Q4&nbsp;revenue grew&nbsp;18%&nbsp;year-over-year, non-GAAP gross margin expanded to nearly&nbsp;31%, and non-GAAP EPS exceeded the high end of our&nbsp;guidance&nbsp;range,&#8221; said Dave Mosley, CEO of Seagate.
See Also: <a href="https://www.benzinga.com/news/earnings/24/07/39917921/alphabet-q2-earnings-revenue-beat-eps-beat-innovation-at-every-layer-of-the-ai-stack-and-more">Alphabet Q2 Earnings: Revenue Beat, EPS Beat, Innovation At &#8216;Every Layer Of The AI Stack&#8217; And More</a>
Seagate&#8217;s board declared a quarterly cash dividend of 70 cents per share, payable on Oct. 7 to shareholders of record as of Sept. 23.
Outlook: Seagate expects first-quarter revenue of approximately $2.1 billion, plus or minus $150 million, versus estimates of $1.877 billion. The company anticipates first-quarter adjusted earnings of $1.40 per share, plus or minus 20 cents per share, versus estimates of 75 cents per share. 
Seagate&#8217;s strong guidance appears to be driving shares higher after hours. Management will hold a conference call to further discuss these results at 5 p.m. ET.
STX Price Action: Seagate shares were up 6.467% at $112.32 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Wikimedia Commons.

Tech

Seagate Technology Q4 Earnings: Revenue Beat, EPS Beat, Strong Guidance Amid 'Improving Cloud Demand Environment'

WIIM

FTAI

FTAI Aviation shares are trading higher after the company reported better-than-expected Q2 sales results.

CSGP

CoStar Group shares are trading lower after the company cut its FY24 revenue guidance.

Warner Bros. Discovery Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) Warner Bros. Games has announced the acquisition of Player First Games, the studio behind the <a href="https://www.benzinga.com/general/gaming">hit brawler MultiVersus. </a>
As <a href="https://www.ign.com/articles/warner-bros-games-multiversus-player-first-games-acquisition">reported</a> by IGN, co-founders Tony Huynh and Chris White will continue to lead Player First Games. 
See Also: <a href="https://www.benzinga.com/general/gaming/24/07/39717603/warner-bros-subsidiary-postpones-suicide-squad-kill-the-justice-league-season-2-at-last-minute">Warner Bros. Subsidiary Postpones Suicide Squad: Kill The Justice League Season 2 At Last Minute</a>
Huynh stated: &#8220;Our team is excited to join the Warner Bros. Games family, and we feel that this will be great for MultiVersus overall. We are working to make the MultiVersus game experience the best it can be, and having our development team integrated with the publisher is optimum for the players.&#8221;
The acquisition announcement comes just before the launch of MultiVersus Season 2. The new season went live on Tuesday, and it promises several exciting updates, including a ranked mode and the addition of popular characters Samurai Jack and Beetlejuice. These new characters will join a roster that already features iconic Warner Bros. characters like Agent Smith and Joker.
David Haddad, president of Warner Bros. Games, welcomed the acquisition, saying: &#8220;We have worked with Player First Games over several years to create and launch MultiVersus, and we are very pleased to welcome this talented team to Warner Bros. Games. The bright and creative team at Player First Games adds to our extensive development capabilities.&#8221;
This acquisition places Player First Games alongside other renowned studios under the Warner Bros. Games umbrella, including NetherRealm Studios, TT Games, Monolith Productions, and Avalanche Software. 
Despite recent layoffs and the closure of its Mortal Kombat: Onslaught mobile game, Warner Bros. Games continues to focus on live service games, with MultiVersus being a key component of this strategy.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/gaming/24/07/39867643/netherrealm-disbands-mobile-team-shutting-down-mortal-kombat-onslaught">NetherRealm Disbands Mobile Team, Shutting Down Mortal Kombat: Onslaught</a></li>
</ul>
Photo: Shutterstock

Gaming

Warner Bros. Games Acquires MultiVersus Developer Player First Games

Weatherford International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WFRD#NASDAQ">WFRD</a>) reported quarterly earnings of $1.66 per share which missed the analyst consensus estimate of $1.74 by 4.6 percent. This is a 48.21 percent increase over earnings of $1.12 per share from the same period last year. The company reported quarterly sales of $1.41 billion which missed the analyst consensus estimate of $1.42 billion by 1.06 percent. This is a 10.28 percent increase over sales of $1.27 billion the same period last year.

WFRD

Weatherford International Q2 GAAP EPS $1.66 Misses $1.74 Estimate, Sales $1.41B Miss $1.42B Estimate

Equity Factor Report - Q4 2023: Growth Strategies Rally On The Prospect Of Lower Interest Rates

Magnificent Seven Drive 2023 U.S. Large Caps - And Spotlight Index Profitability Rules

Rate Decreases: Be Careful What You Wish For?

Why U.S. Large Cap Growth's Banner Year Didn't Look The Same Across Index Providers