Latest news for SPC Nickel (OTC:SPCNF) Stock

SPC Nickel Corp is engaged in the business of exploration of nickel, copper and platinum group metal mineral projects in Ontario. Its exploration properties consist of Aer Kidd Property, Owen Nickel Property, Lockerby East Property, Janes Property and Muskok Property.

SPC Nickel Corp

Deutsche Bank analyst Krisztina Katai maintains Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Buy and lowers the price target from $95 to $92.

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Analyst Ratings

Deutsche Bank Maintains Buy on Nike, Lowers Price Target to $92

WIIM

ENVX

Enovix shares are trading higher after the company announced the beginning of its EX-1M battery cells shipment to customers from Malaysia.

Enovix Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENVX#NASDAQ">ENVX</a>) shares jumped on Wednesday after the company disclosed that it began shipping EX-1M battery cell samples from its <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/g41139857/enovix-begins-shipment-of-battery-cells-to-customers-from-malaysia-fab" rel="noreferrer noopener">new Agility Line in Malaysia last week</a>.
This milestone follows the initial shipment of samples from Fab1 in California and the opening of the high-volume Fab2 in Malaysia this summer.
The company has completed internal UN38.3 certification for the shipping cells, which ensures compliance with the United Nations standard for safely transporting lithium-ion batteries, adhering to stringent international safety and abuse tolerance requirements.
Following the shipment of samples in the third quarter of 2024, the company plans to begin high-volume production in 2025.
Ajay Marathe, COO of Enovix, stated, &#8220;This success with the Agility line is an encouraging early indicator as we prepare for the high-volume line, which is on track for Site Acceptance Testing (SAT) completion.&#8221;
In August, &nbsp;Enovix announced that it signed a&nbsp;collaboration agreement with a Fortune 200 company to provide <a target="_blank" href="https://www.benzinga.com/news/24/08/40110034/whats-going-on-with-enovix-stock-thursday" rel="noreferrer noopener">silicon batteries for the IoT product category</a>.&nbsp;
The company also&nbsp;disclosed in July that it signed a Memorandum of Understanding (MOU) with a high-performance, global automotive OEM aimed at scaling the <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/g40080434/enovix-signs-mou-with-global-high-performance-automotive-oem" rel="noreferrer noopener">Enovix cell architecture for the EV market.</a>
Price Action: ENVX shares are up 13.5% at $9.735&nbsp;at the last check Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com//node/41144884" target="_blank" rel="noreferrer noopener">Ford&#8217;s US Sales Edge Up In Q3; EV Sales Continue To Climb</a></li>
</ul>

Equities

Mid Cap

Movers

Why Is Battery Company Enovix Stock Jumping On Wednesday?

Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), Warner Bros. Discovery, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) HBO Go and Walt Disney Co.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) Disney+ were affected by a law signed by President Ferdinand Marcos Jr. on Wednesday imposed a <a href="https://www.pna.gov.ph/articles/1234557" target="_blank" rel="noreferrer noopener">12% value-added tax</a> (VAT) on non-resident digital service providers to bring them up to par with local providers.
The law also affected Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, Spotify Technology SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) and Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
The VAT on foreign digital services will likely contribute 105 billion pesos in revenue in the next five years.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/40840759/charter-warner-bros-deal-warner-adds-max-to-spectrum-tv-charter-pays-more-for-premium-channels" rel="noreferrer noopener">Charter-Warner Bros Deal: Warner Adds Max To Spectrum TV, Charter Pays More For Premium Channels</a>
Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. said the collected taxes go to the government&#8217;s infrastructure and social welfare services programs.
Streaming giant Netflix&#8217;s stock has increased 87% in the past 12 months as it continues to win market share with its diverse slate of content. JP Morgan&#8217;s Doug Anmuth highlighted <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40860759/netflixs-ad-tier-expansion-and-password-crackdown-fuel-revenue-growth-jp-morgan-ana" target="_blank" rel="noreferrer noopener">continued margin expansion</a> backed by content, ads and gaming investment. He also projected high-margin revenue from ad-supported tier and paid sharing.
Walt Disney stock is up close to 15% in the past 12 months. Goldman Sachs&nbsp;analyst Michael Ng expects&nbsp;Disney&#8217;s <a href="https://www.benzinga.com/news/24/09/41045649/disney-trims-workforce-by-300-targets-corporate-departments-for-cost-management" target="_blank" rel="noreferrer noopener">box office blockbusters</a>&nbsp;and streaming growth to help offset Experiences and linear weakness.
Price Actions: At publication Wednesday, Netflix stock was up 0.62% at $710.51 and Disney stock was down 0.29% at $93.78.
Also Read:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41052867/disneys-streaming-surge-epic-games-deal-among-key-growth-drivers-says-analyst" target="_blank" rel="noreferrer noopener">Disney&#8217;s Streaming Surge, Epic Games Deal Among Key Growth Drivers, Says Analyst</a></li>
</ul>
Photo: Shutterstock

Entertainment

Government

Regulations

Global

Media

AMZN

GOOG

GOOGL

NFLX

SPOT

Netflix, Disney+, Amazon Hit By Philippine's New 12% Tax On Digital Providers

Craig-Hallum analyst Jeremy Hamblin maintains Five Below (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>) with a Buy and raises the price target from $102 to $125.

FIVE

Craig-Hallum Maintains Buy on Five Below, Raises Price Target to $125

Craig-Hallum analyst George Sutton maintains Hut 8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUT#NASDAQ">HUT</a>) with a Buy and raises the price target from $14 to $15.

Craig-Hallum Maintains Buy on Hut 8, Raises Price Target to $15

Craig-Hallum analyst Richard Shannon upgrades EMCORE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMKR#NASDAQ">EMKR</a>) from Hold to Buy and raises the price target from $1 to $3.

Upgrades

EMKR

Craig-Hallum Upgrades EMCORE to Buy, Raises Price Target to $3

<a href="https://x.com/RichtechRobots/status/1841523154029613270" title="https://x.com/RichtechRobots/status/1841523154029613270">https://x.com/RichtechRobots/status/1841523154029613270</a>

Richtech Robotics Posts On X 'Mercedes-Benz of Cutler Bay has been one of our leading automotive partners taking advantage of Titan, our heavy-duty delivery robot, to streamline efficiency and let their employees get back to what they do best...'

GNTA

Genenta Science shares are trading higher after the company announced the Agenzia Italiania del Farmaco approved its Phase 1 trial for metastatic renal cell cancer for its flagship product. Additionally, HC Wainwright & Co reiterated a Buy rating on the stock and maintained its $25 price target.

Craig-Hallum analyst Jason Kreyer initiates coverage on Thryv Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THRY#NASDAQ">THRY</a>) with a Buy rating and announces Price Target of $25.

Initiation

THRY

Craig-Hallum Initiates Coverage On Thryv Holdings with Buy Rating, Announces Price Target of $25

Unum Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNM#NYSE">UNM</a>) has outperformed the market over the past 5 years by 2.83% on an annualized basis producing an average annual return of 17.37%. Currently, Unum Gr has a market capitalization of $11.02 billion. 
Buying $1000 In UNM: If an investor had bought $1000 of UNM stock 5 years ago, it would be worth $2,174.42 today based on a price of $59.34 for UNM at the time of writing.
<h3>Unum Gr's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727888753_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

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,200 Today

Stephens &amp; Co. analyst Scott Fidel downgrades Humana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>) from Overweight to Equal-Weight and lowers the price target from $400 to $250.

Downgrades

Stephens & Co. Downgrades Humana to Equal-Weight, Lowers Price Target to $250

Geopolitical risks may be the biggest threat to global markets, <a href="https://www.bankofengland.co.uk/financial-policy-summary-and-record/2024/october-2024">the Bank of England (BoE) warned</a> on Wednesday.
"Global vulnerabilities remain material, as does uncertainty around the geopolitical environment," the BoE said. &#8220;Markets remain susceptible to a sharp correction.&#8221;
The BoE published its Financial Policy Committee Record a day after Iran launched <a href="https://apnews.com/article/israel-lebanon-hezbollah-gaza-news-10-01-2024-eb175dff6e46906caea8b9e43dfbd3da">at least 180 ballistic missiles at Israel</a>. The barrage of missiles has increased fears of wider war in the Middle East.&nbsp;
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="801" height="427" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/10/02140357/Image1_021024.png" alt="" class="wp-image-1758" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/10/02140357/Image1_021024.png 801w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/10/02140357/Image1_021024-300x160.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/10/02140357/Image1_021024-768x409.png 768w" sizes="(max-width: 801px) 100vw, 801px" /></figure>
A map showing the sirens sounded across Israel as the barrage began Source: <a href="http://msn.com">msn.com</a>&nbsp;
<a href="https://europeancapitalinsights.substack.com/p/weekly-roundup-european-equities">Concerns about an escalation in Mideast violence</a> increased after Israel killed Hezbollah's leader Hassan Nasrallah in airstrikes on September 27.&nbsp;
JPMorgan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) CEO Jamie Dimon warned on September 24 that there was "a lot of war taking place right now."
"My caution is all geopolitics," he said i<a href="https://www.cnbctv18.com/business/jamie-dimon-jpmorgan-us-china-tensions-india-opportunity-19481213.htm">n an interview with CNBC TV18</a> at a JPM conference in Mumbai.
<h3 class="wp-block-heading">Global Markets React To Geopolitical Risks</h3>
European markets and global oil prices reacted quickly to the ballistic missile attack.&nbsp;
The Euro Area Stoxx 600 continued its retreat from its record high, trading flat today. Germany's DAX40 pulled back from its record level, falling 0.55% today and continuing its 1.8% retreat a high of 19,473.
Brent crude oil rose 3.19% after the attack on Tuesday, reversing most of its September slump.
The World Bank said in April severe disruption in oil supplies could push Brent <a href="https://www.worldbank.org/en/news/press-release/2024/04/25/commodity-markets-outlook-april-2024-press-release">oil prices above $100 per barrel</a>.&nbsp;
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="469" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/10/02141342/image21024-1024x469.png" alt="" class="wp-image-1760" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/10/02141342/image21024-1024x469.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/10/02141342/image21024-300x138.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/10/02141342/image21024-768x352.png 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/10/02141342/image21024.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
"The geopolitically-driven increases in oil prices continue this morning," Mohamed El-Erian, Queens' College Cambridge president, wrote on <a href="https://x.com/elerianm/status/1841457584592879764">X</a>.&nbsp;
 "Because there has been no actual disruption," oil prices haven&#8217;t spiked, El-Erian, who is also a Bloomberg Opinion columnist, wrote.
<a href="https://europeancapitalinsights.substack.com/p/iran-israel-war-will-curb-eu-economic">A further conflagration could</a> drive up prices of natural gas, fertilizers, and food, the World Bank said at the time.
"No oil and gas facilities have been damaged and logistics keep working," <a href="https://advanced.jhu.edu/directory/paul-sullivan/">Paul Sullivan</a>, a John Hopkins University Lecturer, said.
"Risk premia for oil and oil transport could increase significantly if there is a directed attack" on infrastructure, he added.
<h3 class="wp-block-heading">Geopolitical Developments Worry ECB Officials</h3>
But European Central Bank (ECB) officials are concerned about the spike in geopolitical uncertainty.&nbsp;A spike in energy prices could reverse the slowdown in inflation reported across much of Europe.&nbsp;
Euro area <a href="https://ec.europa.eu/eurostat/en/web/products-euro-indicators/w/2-01102024-ap">annual inflation slowed to 1.8% in September</a> from 2.2% in August, the EU statistical office said on Tuesday.&nbsp;
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="806" height="576" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/10/02141615/image2_021024.png" alt="" class="wp-image-1761" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/10/02141615/image2_021024.png 806w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/10/02141615/image2_021024-300x214.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/10/02141615/image2_021024-768x549.png 768w" sizes="(max-width: 806px) 100vw, 806px" /></figure>
"We are facing huge uncertainty – not least in view of the many prevailing economic, financial and geopolitical risks,"&nbsp; Luis de Guindos, Vice-President of the ECB, said the same day.&nbsp;&nbsp;
The ECB official spoke at the 5th joint ECB, Bank of Canada and Federal Reserve Bank of New York Conference.
<a href="https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp241002~33cedce2bc.en.html">De Guindos said in Riga</a> today that the economic revival in the euro area is likely to gain momentum.
He expressed optimism that faster growth could be achieved following a<a href="https://www.actionforex.com/live-comments/570254-ecbs-de-guindos-cites-weaker-growth-outlook-expects-recovery-to-strengthen-over-time/"> disappointing second quarter</a>. However, he warned that risks in the bloc are still "tilted to the downside.
<h3 class="wp-block-heading">Geopolitical Uncertainty Main Risk&nbsp;</h3>
A BoE survey conducted in late July and early August echoed the prevailing concerns about geopolitical uncertainty.&nbsp;
The <a href="https://www.bankofengland.co.uk/systemic-risk-survey/2024/2024-h2#:~:text=Geopolitical%20risk%20(cited%20by%2093,%2C%20%2B10%20percentage%20points).">BoE found that 93% of the 55 banks </a> that responded placed geopolitical risk as the biggest concern. That was the highest level recorded in the survey which goes back to 2008.
The elevated geopolitical uncertainty could place "further pressure on sovereign debt levels and borrowing costs, &#8221; the BoE said today.
The UK&#8217;s central bank pointed to "structural trends, such as demographics and climate change," as factors that could undermine markets.&nbsp;
Sharp market corrections "could affect the cost and availability of credit to UK households and businesses," it said.&nbsp;
Disclaimer:
Any opinions expressed in this article are not to be considered investment advice and are solely those of the authors. European Capital Insights is not responsible for any financial decisions made based on the contents of this article. Readers may use this article for information and educational purposes only.
This article is from an unpaid external contributor. It does not represent Benzinga&#8217;s reporting and has not been edited for content or accuracy.

Eurozone

Commodities

Economics

Markets

General

Geopolitical Risks May Be Biggest Threat To Markets, BoE Says

KULR

KULR Technology shares are trading higher after the company announced it secured a $2.35 million licensing deal with a Japanese corporation. The deal includes a $1.1 guaranteed licensing fee and the potential upside for equipment sales and upgrades.

CNBC Halftime Report Final Trades: Organon & Co., Howmet Aerospace, ProShares Short QQQ

BMO Capital analyst Ameet Thakkar maintains Enphase Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) with a Market Perform and lowers the price target from $115 to $114.

ENPH

BMO Capital Maintains Market Perform on Enphase Energy, Lowers Price Target to $114

Signet Jewelers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIG#NYSE">SIG</a>) underwent analysis by 8 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within 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;">1</td>
<td style="text-align: right;">6</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;">1</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;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Signet Jewelers and provided 12-month price targets. The average target is $99.25, accompanied by a high estimate of $136.00 and a low estimate of $87.00. Observing a downward trend, the current average is 5.02% lower than the prior average price target of $104.50. 
<img src="https://www.benzinga.com/files/images/story/2024/1727888506_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The perception of Signet Jewelers 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>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$87.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$87.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>Mauricio Serna</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$136.00</td>
<td>$132.00</td>
</tr>
<tr>
<td>Lorraine Hutchinson</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$100.00</td>
<td>$108.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$87.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$87.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Ike Boruchow</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$105.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$105.00</td>
<td>$105.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Signet Jewelers. This information offers a snapshot of how analysts perceive 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 Signet Jewelers compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Signet Jewelers's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Capture valuable insights into Signet Jewelers'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/SIG/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Signet Jewelers analyst ratings.</a>
<h2>About Signet Jewelers</h2>
Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue. The North America segment generates revenue from Mall and Off-mall &amp; Outlet.
<h3>Signet Jewelers: Financial Performance Dissected</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Negative Revenue Trend: Examining Signet Jewelers's financials over 3 months reveals challenges. As of 31 July, 2024, the company experienced a decline of approximately -7.6% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Signet Jewelers's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -6.81%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Signet Jewelers's ROE stands out, surpassing industry averages. With an impressive ROE of -5.08%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Signet Jewelers's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -1.73%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Signet Jewelers's debt-to-equity ratio is below the industry average at 0.54, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>What Are Analyst Ratings?</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 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.
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Key Takeaways From Signet Jewelers Analyst Ratings

Throughout the last three months, 11 analysts have evaluated Leidos Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LDOS#NYSE">LDOS</a>), offering a diverse set of opinions 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;">4</td>
<td style="text-align: right;">6</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;">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;">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;">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;">2</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>
</tbody>
</table>
Analysts have recently evaluated Leidos Holdings and provided 12-month price targets. The average target is $169.55, accompanied by a high estimate of $185.00 and a low estimate of $145.00. This current average has increased by 5.97% from the previous average price target of $160.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1727888495_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The perception of Leidos Holdings 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>Seth Seifman</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$185.00</td>
<td>$175.00</td>
</tr>
<tr>
<td>Matthew Akers</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$183.00</td>
<td>$172.00</td>
</tr>
<tr>
<td>Tobey Sommer</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$175.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Mariana Perez</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$165.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>David Strauss</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$165.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Matthew Akers</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$172.00</td>
<td>$168.00</td>
</tr>
<tr>
<td>Cai von Rumohr</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$166.00</td>
<td>$155.00</td>
</tr>
<tr>
<td>Jason Gursky</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$169.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Seth Seifman</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$175.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Ken Herbert</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$145.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Seth Seifman</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$165.00</td>
<td>$135.00</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 Leidos Holdings. 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 Leidos Holdings compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Leidos Holdings's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Leidos Holdings's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/LDOS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Leidos Holdings analyst ratings.</a>
<h2>Get to Know Leidos Holdings Better</h2>
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil, and health markets, both domestically and internationally. Company customer includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in three reportable segments; Defense Solutions, Civil, and Health. Defense Solutions provides technologically latest services, solutions, and products to a broad customer base. It generates key revenue from Defense Solutions.
<h3>Leidos Holdings's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Positive Revenue Trend: Examining Leidos Holdings's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 7.66% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Leidos Holdings's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 7.79%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Leidos Holdings's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 7.39%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Leidos Holdings's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.5% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Leidos Holdings's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.16, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Analyst Ratings: What Are They?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

LDOS

Evaluating Leidos Holdings: Insights From 11 Financial Analysts

In the latest quarter, 9 analysts provided ratings for Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), showcasing a mix of bullish and bearish perspectives.
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;">6</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;">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;">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;">1</td>
<td style="text-align: right;">4</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>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $76.89, a high estimate of $92.00, and a low estimate of $66.00. Surpassing the previous average price target of $73.56, the current average has increased by 4.53%.
<img src="https://www.benzinga.com/files/images/story/2024/1727888487_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The perception of Citigroup 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>Chris Kotowski</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$92.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$86.00</td>
<td>$79.00</td>
</tr>
<tr>
<td>Richard Ramsden</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$71.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$79.00</td>
<td>$66.00</td>
</tr>
<tr>
<td>James Fotheringham</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$67.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Stephen Biggar</td>
<td>Argus Research</td>
<td>Raises</td>
<td>Buy</td>
<td>$72.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Scott Siefers</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$73.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Chris Kotowski</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$86.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$66.00</td>
<td>$65.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Citigroup. 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 Citigroup 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>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Citigroup's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/C/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Citigroup analyst ratings.</a>
<h2>Discovering Citigroup: A Closer Look</h2>
Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into five primary segments: services, markets, banking, US personal banking, and wealth management. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.
<h3>A Deep Dive into Citigroup's Financials</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: Citigroup displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 3.62%. 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: Citigroup's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 14.61%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Citigroup's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.55%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Citigroup's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.12%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Citigroup's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.68, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>What Are Analyst Ratings?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
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>.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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