Latest news for Arcwest Exp (OTC:SJRNF) Stock

Arcwest Exploration Inc is a Canada-based company engaged in the mineral exploration business. The company's properties consist of Todd Creek Property, Oweegee Property, Oxide Peak, Eagle, Rip, Sparrowhawk Property, Northern Vancouver Island property, Teeta Creek Property, and others.

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ANDR

Adtalem Global Education Inc. Common Stock

ATGE

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CSRH

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CYAD

CYIG

DXLG

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FTDCQ

GBHPF

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HHPHF

HLIX

HLSPY

HOPS

HREEF

HSKA

HTGM

ILIAF

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JBZY

JUGGERNAUT EXPL LTD by Juggernaut Expl. Ltd.

JUGRF

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MARICANN GROUP INC ORD by Maricann Group Inc

MRRCF

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VISIUM TECHNOLOGIES INC by Visium Technologies, Inc.

VISM

VET ONLINE SUPPLY INC by Vet Online Supply Inc

VTNL

WNMLA

ZZHGF

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Stocks That Hit 52-Week Lows On Thursday

ABEO

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Alterity Therapeutics Limited - American Depositary Shares

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China Shenhua Energy Unsponsored representing A shares

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Changyou Limited American Depositary Share

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Stocks That Managed to Breach 52-Week Lows Friday

Arcwest Exploration Inc

<p><strong>Fiserv,&nbsp;Inc </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>)<strong>&nbsp;</strong>reported&nbsp;fiscal second-quarter results, with revenue increasing by 7%&nbsp;year-over-year&nbsp;to $5.11 billion, beating the <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/b39927659/fiserv-reports-second-quarter-2024-results" rel="noreferrer noopener">analyst consensus estimate of $4.82 billion</a>. Adjusted revenue increased&nbsp;7%&nbsp;year-over-year&nbsp;to $4.79 billion.&nbsp;</p>
<p>Adjusted EPS of $2.13 beat the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate of $2.10</a>.&nbsp;</p>
<p><strong><em>Also Read: </em></strong><em><a target="_blank" href="https://www.benzinga.com/markets/equities/24/06/39435477/fiserv-welcomes-former-jp-morgan-executive-takis-georgakopoulos-as-senior-advisor-details" rel="noreferrer noopener">Fiserv Welcomes Former JP Morgan Executive Takis Georgakopoulos As Senior Advisor: Details</a></em></p>
<p>The adjusted EPS marked an 18% increase over $1.81 from&nbsp;last year&#8217;s period.&nbsp;The&nbsp;stock price gained after the print.</p>
<p>Organic revenue grew 18%, led by 28% growth in&nbsp;Merchant Solutions and 8% in&nbsp;Financial&nbsp;Solutions.</p>
<p>The adjusted operating margin increased by 160 bps Y/Y to 38.4%.&nbsp;Adjusted operating margin increased 290 basis points Y/Y to 36.6% in the Merchant Solutions segment and was flat at 45.9% in the Financial Solutions segment.</p>
<p>Chair and CEO Frank Bisignano said, &#8220;Fiserv&#8217;s integrated solutions, deep client relationships, and strategic positioning continue to drive our industry leadership.&#8221;</p>
<p><strong>FY24 Outlook:</strong> Fiserv&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/04/38381424/fiserv-reports-strong-first-quarter-results-raises-full-year-outlook" rel="noreferrer noopener">reiterated organic revenue</a> growth of 15%-17% and raised adjusted EPS outlook to $8.65 &#8211; $8.80 (prior $8.60 – $8.75), representing&nbsp;growth of 15%-17% Y/Y versus the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">$8.71 consensus</a>.</p>
<p>Fiserv stock gained over 21% in the last 12 months.</p>
<h2 class="wp-block-heading"><span style="text-decoration: underline;">Fiserv Stock Prediction For 2024</span></h2>
<p>Equity research analysts on and off Wall Street typically use earnings growth and fundamental research as a form of valuation and forecasting. But many in trading turn to technical analysis as a way to form predictive models for share price trajectory.</p>
<p>Some investors look to trends to help forecast where they believe a stock could trade at a certain point in the future. Looking at Fiserv, an investor could make an assessment about a stock's long term prospects using a moving average and trend line. If they believe a stock will remain above the moving average, which many believe is a bullish signal, they can extrapolate that trend into the future using a trend line. For Fiserv, the 200-day moving average sits at $141.57, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, which is below the current price of $160.72. For more on charts and trend lines, <a href="https://pro.benzinga.com/">see a description here.</a></p>
<p>Traders believe that when a stock is above its moving average, it is a generally bullish signal, and when it crosses below, it is a more negative signal. Investors could use trend lines to make an educated guess about where a stock could trade at a later date if conditions remain stable.</p>
<p><strong>Price Action:</strong> FI shares were up 2.34% at $160.90 at the last check on Wednesday.</p>
<p><em>Photo via Shutterstock</em></p>


Earnings

Fintech news covering the emerging Financial Technology services sector

Fintech

Guidance

Fintech Firm Fiserv's Q2 Earnings: Revenue Surge Beats Expectations, Hikes Annual Outlook

<p><strong>Vertiv Holdings Co</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>) shares are trading lower after the company reported <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/b39926213/vertiv-reports-57-organic-orders-growth-13-net-sales-growth-and-63-operating-profit-growth-in-seco" rel="noreferrer noopener">second-quarter&nbsp;FY24 results</a>.</p>
<p>Net sales rose 13% Y/Y to $1.953 billion, beating the consensus of $1.939 billion. Organic orders (excluding foreign exchange) rose 57% Y/Y in the quarter. The book-to-bill ratio stood at 1.4x in the quarter.</p>
<p>Adjusted EPS stood at&nbsp;$0.67, beating&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">the consensus of&nbsp;$0.57</a>.</p>
<p>Adjusted operating profit surged 52% year-over-year to $382 million, with the margin expanding 510 basis points to 19.6%, driven by higher volumes, favorable price-cost dynamics, and productivity improvements, though partially offset by increased R&amp;D and capacity investments.</p>
<p>Operating cash flow reached&nbsp;$378 million, and adjusted free cash flow stood at&nbsp;$333 million&nbsp;in the quarter.</p>
<p>Giordano Albertazzi, Chief Executive&nbsp;Officer,&nbsp;said, &#8220;We continue to see increased scaling of AI deployment and Vertiv has the capacity in place to seize this pivotal moment while continuing to invest in capacity for the future.&#8221;</p>
<p>Liquidity stood at $1.2 billion with no borrowings under the ABL credit facility at the end of the quarter.</p>
<p>Dave Cote, Vertiv&#8217;s Executive Chairman, added: &#8220;Significant demand growth coupled with Vertiv&#8217;s unrelenting focus on operational execution to benefit our customers is translating into strong performance across the board with robust cash flow and higher profitability, accelerating progress toward our long-term target of 20%+ adjusted operating margin.&#8221;</p>
<p><strong>Also Read: <a href="https://www.benzinga.com//node/39932009">Jim Cramer Slams Tesla, Google-Parent Alphabet Sellers, Says Anyone Who Listened To Conference Calls &#8216;Knows These Companies Are Doing Extremely Well&#8217;</a></strong></p>
<p><strong>Outlook</strong>: For FY24, Vertiv raised&nbsp;guidance&nbsp;for revenue to&nbsp;$7.59 billion&nbsp;&#8211;&nbsp;$7.74 billion (from&nbsp;$7.54 billion –&nbsp;$7.69 billion&nbsp;earlier) vs.&nbsp;consensus of&nbsp;$7.69 billion&nbsp;and adjusted EPS to&nbsp;$2.47&nbsp;&#8211;&nbsp;$2.53 (<a target="_blank" href="https://www.benzinga.com//node/38405154" rel="noreferrer noopener">from $2.29-$2.35 earlier</a>) vs. consensus of&nbsp;$2.39.</p>
<p>For the&nbsp;third quarter, Vertiv expects&nbsp;revenue of&nbsp;$1.935 billion-&nbsp;$1.985 billion (vs.&nbsp;$1.971 billion estimate) and adjusted EPS of&nbsp;$0.65&nbsp;&#8211;&nbsp;$0.69&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">(vs.&nbsp;consensus of&nbsp;$0.63)</a>.</p>
<p>Investors can gain exposure to the stock via&nbsp;<strong>Alger Mid Cap 40 ETF </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FRTY#NYSE">FRTY</a>) and&nbsp;<strong>Professionally Managed Portfolios Otter Creek Focus Strategy ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OCFS#NYSE">OCFS</a>).</p>
<p><strong>Price Action</strong>: VRT shares are down 8.53%&nbsp;at&nbsp;$83.24&nbsp;at&nbsp;the last check Wednesday.</p>
<p><strong><em>Disclaimer:</em></strong><em> This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.</em></p>
<p><em>Image: courtesy Vertiv</em></p>


Equities

Large Cap

FRTY

Professionally Managed Portfolios Otter Creek Focus Strategy ETF

OCFS

Vertiv's Focus On AI Drives Q2 Revenue and Profit Growth, Guidance Boost & More

<p>Deep-pocketed investors have adopted a bearish approach towards Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in LMT usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 16 extraordinary options activities for Lockheed Martin. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 25% leaning bullish and 62% bearish. Among these notable options, 5 are puts, totaling $227,746, and 11 are calls, amounting to $589,398.</p>
<h3>Projected Price Targets</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $470.0 to $550.0 for Lockheed Martin over the recent three months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for Lockheed Martin options trades today is 229.3 with a total volume of 3,951.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Lockheed Martin's big money trades within a strike price range of $470.0 to $550.0 over the last 30 days.</p>
<h3>Lockheed Martin Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721840524_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>LMT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$35.6</td>
<td>$33.1</td>
<td>$34.1</td>
<td>$500.00</td>
<td>$132.9K</td>
<td>533</td>
<td style="text-align: right;">85</td>
</tr>
<tr>
<td>LMT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$35.6</td>
<td>$33.7</td>
<td>$34.0</td>
<td>$500.00</td>
<td>$98.6K</td>
<td>533</td>
<td style="text-align: right;">192</td>
</tr>
<tr>
<td>LMT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/30/24</td>
<td>$9.3</td>
<td>$8.0</td>
<td>$8.2</td>
<td>$510.00</td>
<td>$81.9K</td>
<td>0</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>LMT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$62.5</td>
<td>$60.0</td>
<td>$60.0</td>
<td>$470.00</td>
<td>$60.0K</td>
<td>44</td>
<td style="text-align: right;">11</td>
</tr>
<tr>
<td>LMT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$42.1</td>
<td>$40.0</td>
<td>$41.04</td>
<td>$480.00</td>
<td>$49.2K</td>
<td>1.0K</td>
<td style="text-align: right;">15</td>
</tr>
</tbody>
</table>
</p>
<h3>About Lockheed Martin</h3>
<p>Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, mainly encompassing the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.</p>
<p>After a thorough review of the options trading surrounding Lockheed Martin, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Current Position of Lockheed Martin</h3>
<ul>
<li>Trading volume stands at 1,013,421, with LMT's price up by 2.23%, positioned at $512.48.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 83 days.</li>
</ul>
<h3>What Analysts Are Saying About Lockheed Martin</h3>
<p>In the last month, 5 experts released ratings on this stock with an average target price of $533.6.</p>
<ul>
<li>Consistent in their evaluation, an analyst from Deutsche Bank keeps a Hold rating on Lockheed Martin with a target price of $540. </li>
<li>Maintaining their stance, an analyst from RBC Capital continues to hold a Sector Perform rating for Lockheed Martin, targeting a price of $500. </li>
<li>An analyst from Wells Fargo persists with their Equal-Weight rating on Lockheed Martin, maintaining a target price of $525. </li>
<li>Consistent in their evaluation, an analyst from Susquehanna keeps a Positive rating on Lockheed Martin with a target price of $565. </li>
<li>An analyst from UBS persists with their Neutral rating on Lockheed Martin, maintaining a target price of $538. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Lockheed Martin with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Options

Spotlight on Lockheed Martin: Analyzing the Surge in Options Activity

<p>Deutsche Bank  analyst Bryan Kraft   maintains Comcast (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) with a Buy and lowers the price target from $50 to $49.</p>


Price Target

Analyst Ratings

CMCSA

Deutsche Bank Maintains Buy on Comcast, Lowers Price Target to $49

<p>Financial giants have made a conspicuous bearish move on Wells Fargo. Our analysis of options history for Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) revealed 25 unusual trades.</p>
<p>Delving into the details, we found 48% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 18 were puts, with a value of $779,389, and 7 were calls, valued at $661,430.</p>
<h3>What's The Price Target?</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $40.0 to $67.5 for Wells Fargo during the past quarter. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Wells Fargo's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Wells Fargo's whale activity within a strike price range from $40.0 to $67.5 in the last 30 days. </p>
<h3>Wells Fargo Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721840518_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$4.65</td>
<td>$4.55</td>
<td>$4.65</td>
<td>$55.00</td>
<td>$232.5K</td>
<td>740</td>
<td style="text-align: right;">620</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$20.3</td>
<td>$20.15</td>
<td>$20.1</td>
<td>$40.00</td>
<td>$201.0K</td>
<td>18.5K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$2.69</td>
<td>$2.68</td>
<td>$2.69</td>
<td>$57.50</td>
<td>$82.3K</td>
<td>3.3K</td>
<td style="text-align: right;">306</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$1.44</td>
<td>$1.42</td>
<td>$1.44</td>
<td>$52.50</td>
<td>$72.0K</td>
<td>17.1K</td>
<td style="text-align: right;">500</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$8.85</td>
<td>$8.75</td>
<td>$8.75</td>
<td>$67.50</td>
<td>$69.1K</td>
<td>2.2K</td>
<td style="text-align: right;">79</td>
</tr>
</tbody>
</table>
</p>
<h3>About Wells Fargo</h3>
<p>Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.</p>
<p>After a thorough review of the options trading surrounding Wells Fargo, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Current Position of Wells Fargo</h3>
<ul>
<li>With a trading volume of 3,547,285, the price of WFC is down by -0.01%, reaching $59.66.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 79 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Wells Fargo</h3>
<p>5 market experts have recently issued ratings for this stock, with a consensus target price of $64.2.</p>
<ul>
<li>Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Wells Fargo with a target price of $70. </li>
<li>An analyst from BMO Capital persists with their Market Perform rating on Wells Fargo, maintaining a target price of $59. </li>
<li>Maintaining their stance, an analyst from Keefe, Bruyette &amp; Woods continues to hold a Market Perform rating for Wells Fargo, targeting a price of $61. </li>
<li>An analyst from Jefferies persists with their Hold rating on Wells Fargo, maintaining a target price of $64. </li>
<li>Reflecting concerns, an analyst from Evercore ISI Group lowers its rating to Outperform with a new price target of $67.</li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Wells Fargo options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Behind the Scenes of Wells Fargo's Latest Options Trends

<p>Deep-pocketed investors have adopted a bearish approach towards FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in FDX usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for FedEx. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 36% leaning bullish and 63% bearish. Among these notable options, 6 are puts, totaling $468,066, and 5 are calls, amounting to $349,477.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $260.0 to $302.5 for FedEx over the last 3 months. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>In terms of liquidity and interest, the mean open interest for FedEx options trades today is 1179.4 with a total volume of 801.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for FedEx's big money trades within a strike price range of $260.0 to $302.5 over the last 30 days.</p>
<h3>FedEx Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721840513_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>FDX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$5.0</td>
<td>$4.75</td>
<td>$5.0</td>
<td>$302.50</td>
<td>$250.0K</td>
<td>929</td>
<td style="text-align: right;">5</td>
</tr>
<tr>
<td>FDX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$13.65</td>
<td>$12.55</td>
<td>$13.45</td>
<td>$300.00</td>
<td>$174.9K</td>
<td>4.7K</td>
<td style="text-align: right;">197</td>
</tr>
<tr>
<td>FDX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$4.55</td>
<td>$4.5</td>
<td>$4.55</td>
<td>$295.00</td>
<td>$83.7K</td>
<td>79</td>
<td style="text-align: right;">198</td>
</tr>
<tr>
<td>FDX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$13.95</td>
<td>$13.7</td>
<td>$13.7</td>
<td>$300.00</td>
<td>$53.4K</td>
<td>4.7K</td>
<td style="text-align: right;">259</td>
</tr>
<tr>
<td>FDX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/09/24</td>
<td>$5.3</td>
<td>$5.2</td>
<td>$5.3</td>
<td>$300.00</td>
<td>$53.0K</td>
<td>32</td>
<td style="text-align: right;">112</td>
</tr>
</tbody>
</table>
</p>
<h3>About FedEx</h3>
<p>FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2024, which ended May 2024, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting the firm's presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.</p>
<p>Having examined the options trading patterns of FedEx, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Where Is FedEx Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 561,668, with FDX's price down by -0.39%, positioned at $299.64.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 56 days.</li>
</ul>
<h3>Expert Opinions on FedEx</h3>
<p>In the last month, 5 experts released ratings on this stock with an average target price of $315.2.</p>
<ul>
<li>Maintaining their stance, an analyst from Morgan Stanley continues to hold a Equal-Weight rating for FedEx, targeting a price of $215. </li>
<li>An analyst from Baird has decided to maintain their Outperform rating on FedEx, which currently sits at a price target of $340. </li>
<li>Showing optimism, an analyst from JP Morgan upgrades its rating to Overweight with a revised price target of $359. </li>
<li>An analyst from Raymond James has decided to maintain their Outperform rating on FedEx, which currently sits at a price target of $335. </li>
<li>In a cautious move, an analyst from Stifel downgraded its rating to Buy, setting a price target of $327. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for FedEx, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Decoding FedEx's Options Activity: What's the Big Picture?

<p>RBC Capital  analyst Scott Heleniak   maintains Brown &amp; Brown (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRO#NYSE">BRO</a>) with a Outperform and raises the price target from $95 to $110.</p>


RBC Capital Maintains Outperform on Brown & Brown, Raises Price Target to $110

CNBC Halftime Report Final Trades: Lockheed Martin, TE Connectivity, SPDR Select Sector Fund - Utilities, 2-Year Treasury

<p>Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) has outperformed the market over the past 10 years by 11.78% on an annualized basis producing an average annual return of 22.46%. Currently, Burlington Stores has a market capitalization of $16.28 billion. </p>
<p><strong>Buying $1000 In BURL:</strong> If an investor had bought $1000 of BURL stock 10 years ago, it would be worth <strong>$7,629.60</strong> today based on a price of $255.01 for BURL at the time of writing.</p>
<h3>Burlington Stores's Performance Over Last 10 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721840432_0.png" alt="comp_fig" /></p>
<p>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.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


BURL

$1000 Invested In This Stock 10 Years Ago Would Be Worth $7,600 Today

<p>Deutsche Bank  analyst Justin Bowers   maintains Medpace Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEDP#NASDAQ">MEDP</a>) with a Hold and lowers the price target from $395 to $336.</p>


MEDP

Deutsche Bank Maintains Hold on Medpace Hldgs, Lowers Price Target to $336

<p>Centene (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>) has outperformed the market over the past 20 years by 5.77% on an annualized basis producing an average annual return of 14.03%. Currently, Centene has a market capitalization of $34.60 billion. </p>
<p><strong>Buying $1000 In CNC:</strong> If an investor had bought $1000 of CNC stock 20 years ago, it would be worth <strong>$13,449.23</strong> today based on a price of $64.84 for CNC at the time of writing.</p>
<h3>Centene's Performance Over Last 20 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721840427_0.png" alt="comp_fig" /></p>
<p>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.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


If You Invested $1000 In This Stock 20 Years Ago, You Would Have $13,000 Today

<p>RBC Capital  analyst Jon Arfstrom   maintains Cadence Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CADE#NYSE">CADE</a>) with a Sector Perform and raises the price target from $31 to $35.</p>


CADE

RBC Capital Maintains Sector Perform on Cadence Bank, Raises Price Target to $35

<p>RBC Capital  analyst Ashish Sabadra   maintains CoStar Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>) with a Outperform and lowers the price target from $109 to $96.</p>


CSGP

RBC Capital Maintains Outperform on CoStar Gr, Lowers Price Target to $96

<p>Deutsche Bank  analyst Andrew Krill   maintains Pentair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNR#NYSE">PNR</a>) with a Buy and raises the price target from $90 to $98.</p>


Deutsche Bank Maintains Buy on Pentair, Raises Price Target to $98

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