Stance Sustainable Beta ETF (NASDAQ: STSB)

Latest news for Stance Sustainable Beta ETF (NASDAQ:STSB)

Healthcare

Financial Services

Technology

Industrials

Consumer Cyclical

Real Estate

Consumer Defensive

Communication Services

Basic Materials

Energy

Other

Utilities

The Fund seeks to track the investment results of the Russell US Small Cap Factors Blend Style Index (the Underlying Index), which is an objective, rules-based equity index provided by FTSE Russell (the Index Provider or Russell). The Underlying Index is designed to select equity securities from the Russell 2000 Index (the Parent Index), with exposure to five equity style factors (momentum, quality, value, size and low volatility) while maintaining a level of risk similar to that of the Parent Index. The Parent Index, which measures the performance of the small-capitalization segment of the U.S. equity market, is a float-adjusted capitalization-weighted index consisting of approximately 2000 of the smallest issuers in the Russell 3000 Index. Russell, in selecting equity securities from the Parent Index, assigns a weighted composite score for a security using a proprietary model based on five commonly-used equity style factors (momentum, quality, value, size and low volatility). The value score is calculated from the following value factor metrics: 12-month trailing book-to-price, dividend yield, earnings yield and cash flow yield (i.e., cash flow divided by the full market capitalization). The momentum score is calculated from three momentum factor metrics: price momentum, earnings momentum and earnings announcement drift (i.e., the difference between a stock's performance on and immediately following an earnings announcement date).

Blackrock Cash Funds: Treasury, Sl Agency Shares

Workiva Inc

Navient Corp

Exponent Inc

Kforce, Inc.

Crocs Inc

Associated Banc-Corp

Piper Sandler Companies

Ares Commercial Real Estate Corporation

Emcor Group Inc

iShares Factors US Small Blend Style ETF

Stance Sustainable Beta ETF

SOUTH STAR BTTEY METALS by South Star Battery Metals Corp.

South Star Battery Metals Corp

News

ICCT

iCoreConnect Expands Partnership With Maryland State Dental Association To Include Its Full Platform Of Cloud-based Software And Technology Solutions.

Lakeside Holding;s Hupan Pharmaceutical Partners With  Sinopharm Group Hubei.

TD Cowen analyst Andrew Charles maintains Domino's Pizza (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>) with a Buy and raises the price target from $475 to $515.

Price Target

Analyst Ratings

TD Cowen Maintains Buy on Domino's Pizza, Raises Price Target to $515

Goldman Sachs analyst Robert Cox downgrades Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) from Buy to Neutral and maintains the price target from $313 to $313.

Downgrades

Goldman Sachs Downgrades Arthur J. Gallagher to Neutral, Maintains Price Target to $313

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Wedbush analyst Daniel Ives upgraded the rating for Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) from Neutral to Outperform and announced a $190 price target. Snowflake shares closed at $167.44 on Friday. <a href="https://www.benzinga.com/quote/SNOW/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>DA Davidson analyst Linda Bolton Weiser upgraded The Procter &amp; Gamble Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) from Neutral to Buy and raised the price target from $160 to $209. Procter &amp; Gamble shares closed at $176.28 on Friday. <a href="https://www.benzinga.com/quote/PG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wolfe Research analyst Andrew Rosivach upgraded the rating for Jones Lang LaSalle Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) from Peer Perform to Outperform and announced a $353 price target. Jones Lang LaSalle shares closed at $263.27 on Friday. <a href="https://www.benzinga.com/quote/JLL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup analyst Keith Horowitz upgraded U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) from Neutral to Buy and boosted the price target from $49 to $65. U.S. Bancorp shares closed at $52.49 on Friday. <a href="https://www.benzinga.com/quote/USB/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Goldman Sachs analyst Robert Cox upgraded the rating for W. R. Berkley Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRB#NYSE">WRB</a>) from Neutral to Buy and announced a $69 price target. WR Berkley shares closed at $62.27 on Friday. <a href="https://www.benzinga.com/quote/WRB/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying SNOW stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="586" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25084918/image-267-1024x586.png" alt="" class="wp-image-663381" style="width:637px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25084918/image-267-1024x586.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25084918/image-267-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25084918/image-267-768x440.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25084918/image-267.png 1121w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42137942/jim-cramer-says-this-stock-is-a-bitcoin-play-and-he-prefers-to-own-bitcoin">Jim Cramer Says This Stock Is A Bitcoin Play And He Prefers To Own Bitcoin</a></li>
</ul>

Upgrades

Pre-Market Outlook

Markets

Trading Ideas

SNOW

This Snowflake Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

HC Wainwright &amp; Co. analyst Raghuram Selvaraju reiterates Longeveron (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGVN#NASDAQ">LGVN</a>) with a Buy and maintains $10 price target.

Reiteration

LGVN

HC Wainwright & Co. Reiterates Buy on Longeveron, Maintains $10 Price Target

NXDT

NexPoint Hospitality Trust To Be Acquired By NexPoint Diversified Real Estate Trust; Each REIT Unitholder to Receive  Either $0.36 Cash Per Unit Or Common Shares Of NXDT Equal To Quotient Of $0.36 Divided By Volume Weighted Avg. Price Of NXDT Common Shares Quoted On NYSE For 10 Trading Days Prior To Closing

WIIM

NGVC

Natural Grocer shares are trading higher after the company announced better-than-expected Q4 financial results.

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/11/22/final-trades-deckers-electronic-arts-citigroup-and-the-inda.html">Halftime Report Final Trades</a>,&#8221; Jim Lebenthal of Cerity Partners named Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), which surged to a fresh 52-week high on Friday.
On Nov. 13, Citigroup announced a new collaboration with the Bank of Shanghai to launch a payment solution designed to simplify the payment experience for international <a href="https://www.benzinga.com/markets/equities/24/11/41943804/citigroup-partners-with-bank-of-shanghai-to-simplify-payments-for-travelers-in-china-details">travelers in China</a>.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Rob Sechan of NewEdge Wealth named Deckers Outdoor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>), one of the strongest names in the retail space, as <a href="https://www.benzinga.com/quote/DECK/analyst-ratings">his final trade.</a>
On Nov. 22, Needham analyst Tom Nikic initiated coverage on Deckers Outdoor with a Buy rating and announced a price target of $218.
Kevin Simpson of Capital Wealth Planning picked Electronic Arts Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) having a 23% revenue growth.
On Oct. 29, Electronic Arts reported second-quarter results. The company reported net revenue of $2.025 billion, missing the consensus of $2.037 billion. EPS of $1.11 exceeded the estimate of 88 cents. Net bookings reached $2.079 billion, a second-quarter record that surpassed the top end of the guidance range of $2.05 billion.
Stephanie Link of Hightower Advisors picked iShares MSCI India ETF (CBOE: INDA), adding that it's her favorite place to invest around the globe outside of the US.
Price Action:
<ul>
<li>Deckers Outdoor shares gained 5.6% to close at $192.15 on Friday.</li>
<li>Electronic Arts shares fell by 0.8% to settle at $166.67 during Friday's session.</li>
<li>Citigroup shares gained by 1.3% to close at $69.84 during Friday's session.</li>
<li>iShares MSCI India ETF gained by 2% during the session.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42137942/jim-cramer-says-this-stock-is-a-bitcoin-play-and-he-prefers-to-own-bitcoin">Jim Cramer Says This Stock Is A Bitcoin Play And He Prefers To Own Bitcoin</a></li>
</ul>

Long Ideas

Media

DECK

INDA

Citigroup, Deckers Outdoor, Electronic Arts And More On CNBC's 'Final Trades'

Kroger Extends Exchange Offers And Consent Solicitations For Albertsons For Up To $7,441,608,000 Aggregate Principal Amount Of New Notes

QUBT

Quantum Computing shares are trading higher after AWS announced Quantum Embark program.

American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) is soaring in the technical landscape after achieving the <a href="https://www.benzinga.com/topic/golden-cross">coveted Golden Cross</a>—a bullish signal that occurs when the 50-day moving average climbs above the 200-day moving average.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="628" height="490" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25080105/Screenshot-2024-11-25-at-6.06.24-PM.png" alt="" class="wp-image-663239" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25080105/Screenshot-2024-11-25-at-6.06.24-PM.png 628w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25080105/Screenshot-2024-11-25-at-6.06.24-PM-300x234.png 300w" sizes="(max-width: 628px) 100vw, 628px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112524&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
With the stock trading at $14.38, well above its short- and long-term moving averages, momentum indicators are pointing to a sustained bullish trend for American Airlines&#8217; stock.
Read Also: <a href="https://www.benzinga.com/general/travel/24/11/42131219/american-airlines-targets-gate-lice-with-new-boarding-tech-at-100-airports-this-holiday-season">American Airlines Targets &#8216;Gate Lice&#8217; With New Boarding Tech At 100+ Airports This Holiday Season</a>
<h2 class="wp-block-heading">AAL Stock: Strong Bullish Indicators At Play</h2>
AAL stock is not only above its five-day, 20-day and 50-day exponential moving averages but also its 200-day SMA of $12.58. This marks the stock&#8217;s trend as strongly bullish, as these averages traditionally serve as key technical support levels.
<ul>
<li>Simple Moving Averages (SMA):
<ul>
<li>eight-day SMA: $14.29 (bullish signal)</li>
<li>20-day SMA: $13.91 (bullish signal)</li>
<li>50-day SMA: $12.63 (bullish signal)</li>
</ul>
</li>
<li>Momentum Metrics:
<ul>
<li>Relative Strength Index (RSI): 63.36, hovering near overbought territory but still signaling buying interest.</li>
<li>MACD: A positive reading of 0.5 underscores further upside potential.</li>
</ul>
</li>
</ul>
<h2 class="wp-block-heading">Market Sentiment: A Double-Edged Sword</h2>
While the technicals point to clear skies, Goldman Sachs remains <a href="https://in.investing.com/news/analyst-ratings/goldman-sees-limited-upside-for-american-airlines-stock-despite-cash-flow-potential-93CH-4529519">cautious</a>. The firm recently reinstated coverage with a Neutral rating and a price target of $15, citing near-term cost headwinds from unionized labor agreements and slower recovery in corporate revenue. 
However, long-term optimism surrounds the airline's aggressive deleveraging plan and targeted profitability improvements through 2027.
<h2 class="wp-block-heading">The Bigger Picture: A Bullish Takeoff?</h2>
American Airlines' robust <a href="https://www.benzinga.com/quote/AAL/earnings">third quarter performance</a>, featuring $13.6 billion in revenue and a pretax profit of $271 million, showcases resilience in a challenging macroeconomic environment. 
Despite looming labor costs, the company's commitment to increasing premium seating capacity by 2026 highlights a strategy aimed at long-term growth.
Technical charts suggest that AAL stock has the wind beneath its wings for a continued bullish ascent. 
However, cautious optimism is warranted, as labor costs and macroeconomic challenges may create turbulence on the horizon. For now, the Golden Cross signals a green light for bulls eyeing higher altitudes.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42076876/what-could-trumps-new-dot-pick-mean-for-evs-airlines-railroads">What Trump&#8217;s DOT Pick Could Mean For EVs, Airlines, Railroad Stocks</a></li>
</ul>
Photo: Shutterstock

Technicals

Signals

American Airlines Golden Cross Milestone: Bulls Take Control

QBTS

D-Wave Quantam shares are trading higher after AWS announced Quantum Embark program.

TN-401 AAV9-based Gene Therapy Designed to Deliver Fully Functional PKP2 Gene with the Aim of Increasing Protein Levels to Address Underlying Disease
RIDGE-1 Currently Enrolling at Six Centers; Observational Natural History and Seroprevalence Study of PKP2-associated ARVC Adults Continues Enrollment at 20 Clinical Sites in the U.S., UK and Europe
Initial Clinical Data for RIDGE-1 Anticipated in 2025

Biotech

General

TNYA

Tenaya Therapeutics Doses First Patient In RIDGE-1 Phase 1b Clinical Trial Of TN-401 For Treatment Of PKP2-Associated Arrhythmogenic Right Ventricular Cardiomyopathy

Top cryptocurrencies like Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), and XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) are seeing declining bullish sentiment despite rising <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41629253/satoshi-nakamoto-could-soon-be-surpassed-by-blackrock-grayscale-as-top-bitcoin-holder">cost bases for holders</a>.
What Happened: Santiment data shows the crypto market sentiment, which had been bullish following a prolonged rally since September, cooling down, particularly for top-cap assets like Bitcoin and Ethereum.
Despite Bitcoin nearly hitting the $100,000 milestone, its recent price stagnation and social sentiment dip suggest a rise in pessimism among traders. 
This shift occurred notably after the <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41951961/bitcoin-to-100k-benzinga-readers-predict-if-btc-can-hit-new-milestone-before-end-of-2024">U.S. presidential election</a>, where euphoria peaked but faded as Bitcoin ranged around $99,800.
While Bitcoin, Ethereum and Solana show modest gains, their social sentiment has dipped. XRP, despite breaking $1.60 for the first time in years, is also facing skepticism.
Smaller altcoins like Stellar (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xlm/usd">XLM</a>), Polkadot (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/dot/usd">DOT</a>) and Celestia (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TIA</a>) are gaining attention with significant market cap and social volume increases, drawing focus away from top caps.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42160774/microstrategy-is-the-bitcoin-magnet-says-bernstein-but-not-everybodys-sold-nothing-is-free-in-finance-says-one-analyst">MicroStrategy Is The &#8216;Bitcoin Magnet,&#8217; Says Bernstein, But Not Everybody&#8217;s Sold: &#8216;Nothing Is Free In Finance,&#8217; Says One Analyst</a>
Why It Matters: IntoTheBlock <a href="https://x.com/intotheblock/status/1860974070696685992">data</a> shows that the battle for $100,000 Bitcoin continues as 458,000 addresses accumulated a significant 344,000 BTC. 
This could be a strong foundation to fuel beyond $100,000. 60,000 addresses <a href="https://x.com/intotheblock/status/1860974070696685992">acquired</a> 22,740 BTC above the current price.
Low sentiment often signals potential upside, while euphoric spikes tend to precede corrections. The crypto market's current phase reflects a temporary shift in focus rather than a long-term bearish turn.
What's Next: The Thanksgiving week slump might be setting the stage for a broader market correction, which could rejuvenate Bitcoin and other top assets. 
As Santiment <a href="https://x.com/santimentfeed/status/1860978080216498523">notes</a>, when traders overlook Bitcoin for smaller pumping altcoins, it often marks the perfect setup for BTC to make a strong comeback.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42155010/bitcoins-bull-run-betting-on-a-125k-finish-to-2024">Bitcoin&#8217;s Bull Run: Betting On A $125K Finish To 2024</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$BTC

$DOT

$ETH

$SOL

$TIA

$XLM

$XRP

Why Bitcoin's Rally Is Stalling Below $100,000

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the information technology sector.
<h3 class="wp-block-heading">Xerox Holdings Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRX#NASDAQ">XRX</a>)</h3>
<ul>
<li>Dividend Yield: 11.06%</li>
<li>JP Morgan analyst Samik Chatterjee maintained an Underweight rating and lowered the price target from $11 to $8 on Oct. 30. This analyst has an accuracy rate of 71%.</li>
<li>Loop Capital analyst Ananda Baruah maintained a Hold rating and cut the price target from $14 to $11 on Aug. 14. This analyst has an accuracy rate of 75%.</li>
<li>Recent News: On Oct. 29, Xerox reported worse-than-expected third-quarter financial results and cut annual outlook.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112524&amp;t=be2bearmibe3na1">latest XRX news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="912" height="856" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25045306/image-264.png" alt="" class="wp-image-662968" style="width:719px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25045306/image-264.png 912w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25045306/image-264-300x282.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25045306/image-264-768x721.png 768w" sizes="(max-width: 912px) 100vw, 912px" /></a></figure>
<h3 class="wp-block-heading">Skyworks Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>)</h3>
<ul>
<li>Dividend Yield: 3.28%</li>
<li>Citigroup analyst Atif Malik maintained a Sell rating and cut the price target from $83 to $72 on Nov. 13. This analyst has an accuracy rate of 82%.</li>
<li>Mizuho analyst Vijay Rakesh maintained an Outperform rating and cut the price target from $127 to $105 on Nov. 13. This analyst has an accuracy rate of 75%.</li>
<li>Recent News: On Nov. 12, the company reported adjusted EPS of $1.55, which beat the analyst consensus estimate of $1.52. Quarterly sales of $1.025 million were in line with the analyst consensus estimate.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112524&amp;t=be2bearmibe3na1">latest SWKS news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="783" height="791" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25045415/image-265.png" alt="" class="wp-image-662970" style="width:648px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25045415/image-265.png 783w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25045415/image-265-297x300.png 297w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25045415/image-265-768x776.png 768w" sizes="(max-width: 783px) 100vw, 783px" /></a></figure>
<h3 class="wp-block-heading">Methode Electronics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>)</h3>
<ul>
<li>Dividend Yield: 5.35%</li>
<li>Jefferies analyst Saree Boroditsky initiated coverage on the stock with a Hold rating and a price target of $12 on April 9. This analyst has an accuracy rate of 62%.</li>
<li>Sidoti &amp; Co. analyst John Franzreb downgraded the stock from Buy to Neutral on March 7. This analyst has an accuracy rate of 74%.</li>
<li>Recent News: Methode Electronics will announce second quarter results on Thursday, Dec. 5.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112524&amp;t=be2bearmibe3na1">trend in MEI stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="915" height="842" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25045456/image-266.png" alt="" class="wp-image-662971" style="width:754px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25045456/image-266.png 915w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25045456/image-266-300x276.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25045456/image-266-768x707.png 768w" sizes="(max-width: 915px) 100vw, 915px" /></a></figure>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?start=1&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42137942/jim-cramer-says-this-stock-is-a-bitcoin-play-and-he-prefers-to-own-bitcoin">Jim Cramer Says This Stock Is A Bitcoin Play And He Prefers To Own Bitcoin</a></li>
</ul>

SWKS

Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks Delivering High-Dividend Yields

GAIN

Gladstone Investment Acquires Pyrotek Special Effects; Gladstone Provided Equity And Senior Secured Debt To Complete Transaction

Looking into the current session, LKQ Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKQ#NASDAQ">LKQ</a>) shares are trading at $38.76, after a 0.68% increase. Moreover, over the past month, the stock went up by 3.02%, but in the past year, decreased by 14.39%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1732542306_0.png" alt="Past Year Chart" />

<h3>How Does LKQ P/E Compare to Other Companies?</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
LKQ has a lower P/E than the aggregate P/E of 17.29 of the Distributors industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1732542306_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

P/E Ratio Insights for LKQ

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