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US Stocks Edge Lower; Tyson Foods Posts Q2 Loss
Monday, May 8, 2023 - 10:11am | 849U.S. stocks traded slightly lower this morning, with the Dow Jones dropping around 40 points on Monday. Following the market opening Monday, the Dow traded down 0.12% to 33,635.06 while the NASDAQ fell 0.35% to 12,191.99. The S&P 500, also fell, dropping, 0.11% to 4,131.81. Check This Out:...
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Why LL Flooring Shares Are Sliding Today
Monday, May 8, 2023 - 10:01am | 410LL Flooring Holdings, Inc. (NYSE: LL) reported a first-quarter FY23 sales decline of 13.7% year-on-year to $240.69 million, missing the consensus of $258.40 million. Comparable store sales decreased by 15.4% versus last year. Adjusted EPS loss of $(0.31) missed the consensus of $(0....
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Top 5 Consumer Stocks That You May Want To Dump In May
Thursday, May 4, 2023 - 8:31am | 550The most overbought stocks in the consumer discretionary sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock...
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Check Out 3 Consumer Stocks With Over 5% Dividend Yields From Wall Street's Most Accurate Analysts
Wednesday, May 3, 2023 - 9:06am | 519During 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 high dividend payout. Benzinga readers can review the latest analyst takes on their favorite...
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Marriott International Gets Price Target Hikes By Analysts Following Upbeat Q1 Results
Wednesday, May 3, 2023 - 8:31am | 211Marriott International Inc (NASDAQ: MAR) reported better-than-expected Q1 results and raised FY23 outlook. Marriott reported first-quarter FY23 sales growth of 34% year-on-year to $5.62 billion, beating the consensus of $5.41 billion. Adjusted EPS of $2.09 beat the analyst consensus of $1.84....
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AMD To Rally Around 32%? Here Are 10 Other Analyst Forecasts For Wednesday
Wednesday, May 3, 2023 - 7:30am | 518Needham cut the price target for Zebra Technologies Corporation (NASDAQ: ZBRA) from $385 to $340. Needham analyst James Ricchiuti maintained a Buy rating. Zebra Technologies shares fell 11.1% to close at $255.44 on Tuesday. Mizuho lowered the price target for Coinbase Global, Inc. (NASDAQ: COIN...
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Why Marriott Shares Are Gaining Today
Tuesday, May 2, 2023 - 9:30am | 284Marriott International Inc (NASDAQ: MAR) reported first-quarter FY23 sales growth of 34% year-on-year to $5.62 billion, beating the consensus of $5.41 billion. Comparable systemwide constant dollar RevPAR increased 34.5% worldwide, 25.6% in the U.S. & Canada, and 63.1% in...
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Pfizer, Ford And 3 Stocks To Watch Heading Into Tuesday
Tuesday, May 2, 2023 - 3:35am | 309With US stock futures trading mixed this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Marriott International, Inc. (NASDAQ: MAR) to post quarterly earnings at $1.84 per share on revenue of $5.41 billion before the opening bell....
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Investor Optimism Improves Slightly Following JPMorgan's Purchase Of First Republic's Assets
Tuesday, May 2, 2023 - 2:19am | 323The CNN Money Fear and Greed index showed slight increase in overall sentiment among U.S. investors. U.S. stocks closed slightly lower after the FDIC confirmed First Republic Bank’s (NYSE: FRC) deposits and assets will be sold to JPMorgan Chase & Co. (NYSE: JPM). The SPDR S&P...
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Why Chipotle Shares Are Trading Higher By 13%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Wednesday, April 26, 2023 - 2:12pm | 2127Gainers Crown ElectroKinetics Corp. (NASDAQ: CRKN) shares jumped 105% to $0.1730 after the company issued a letter to shareholders. SAI.TECH Global Corporation (NASDAQ: SAI) shares climbed 51.1% to $4.22 after gaining 9% on Tuesday. SAI.TECH Global recently anounced appointments of Harry Sun to...
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Potential Breakout Setups To Watch On Wednesday
Wednesday, April 26, 2023 - 8:38am | 751The U.S. stock market has weakened throughout Tuesday’s trading session and the major indices were sitting near session lows heading into the closing bell. The price action in the SPDR S&P 500 ETF (NYSE: SPY) has dragged the broad index below a 10-day trading range and could be a...
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McDonald's Gets Price Target Hikes By Analysts Following Upbeat Q1 Results
Wednesday, April 26, 2023 - 6:58am | 253McDonald's Corp (NYSE: MCD) reported better-than-expected results for its first quarter. McDonald's reported first-quarter FY23 sales growth of 4% year-on-year to $5.89 billion, beating the consensus of $5.59 billion. Adjusted EPS of $2.63 beat the analyst consensus of $2.33. McDonald's...
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Flipping Burgers And Beating The Bears: McDonald's Digital Dominance Outpaces Recession Fears
Tuesday, April 25, 2023 - 2:25pm | 340TD Cowen analyst Andrew M.Charles reiterated an Outperform rating on the shares of McDonald's Corp (NYSE: MCD) with a price target of $315. McDonald's reported 1Q adjusted EPS of $2.63, that beat the analyst's $2.35 estimate. The beat was top-line-driven by...
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McDonald's Q1 Earnings Surpass Street View Aided By Menu Price Increases & Positive Traffic Growth
Tuesday, April 25, 2023 - 9:35am | 284McDonald's Corp (NYSE: MCD) reported first-quarter FY23 sales growth of 4% year-on-year to $5.89 billion, beating the consensus of $5.59 billion. Global comparable sales rose 12.6%, reflecting strong comparable sales of 12.6% across each segment. U.S. Comparable sales...
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Top 5 Consumer Stocks That May Implode This Quarter
Monday, April 24, 2023 - 7:56am | 638The most overbought stocks in the consumer discretionary sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock...