KraneShares Trust KraneShares Global Luxury Index ETF (ARCA: KLXY)

Dernières nouvelles pour KraneShares Trust KraneShares Global Luxury Index ETF (ARCA:KLXY)

Consumer Cyclical

Consumer Defensive

Healthcare

Technology

The Fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in instruments in its Underlying Index or in instruments that have economic characteristics similar to those in the Underlying Index.

Lvmh Moet Hennessy Louis Vuitton Se

Cie Financiere Richemont Sa

Deckers Outdoor Corp

Ferrari Nv

Kao Corp

Pandora A/s

KraneShares Global Luxury Index ETF

KraneShares Trust KraneShares Global Luxury Index ETF

News

AILE

iLearningEngines Reports Cybersecurity Incident, CFO Transition, SEC Subpoena, And Financial Restatements; Warns Of Material Impact On Q4 Operations And Ongoing Internal Investigation; Files For Non-Timely 10-Q

Susquehanna analyst James Friedman maintains PagSeguro Digital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAGS#NYSE">PAGS</a>) with a Positive and lowers the price target from $19 to $16.

Price Target

Analyst Ratings

PAGS

Susquehanna Maintains Positive on PagSeguro Digital, Lowers Price Target to $16

In the current session, the stock is trading at $8.10, after a 0.50% spike. Over the past month, Controladora Vuela Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLRS#NYSE">VLRS</a>) stock increased by 13.61%, and in the past year, by 22.13%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2024/1731940235_0.png" alt="Past Year Chart" />

<h3>Comparing Controladora Vuela P/E Against Its Peers</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. 
Controladora Vuela has a lower P/E than the aggregate P/E of 15.38 of the Passenger Airlines 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/2024/1731940235_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

Markets

VLRS

P/E Ratio Insights for Controladora Vuela

Susquehanna analyst Christopher Rolland maintains Cirrus Logic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) with a Positive and raises the price target from $135 to $140.

CRUS

Susquehanna Maintains Positive on Cirrus Logic, Raises Price Target to $140

Oklo Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>) shares are trading higher Monday. President-elect Donald Trump selected Liberty Energy CEO and Oklo board member Chris Wright as the next <a href="https://www.benzinga.com/24/11/42024837/trump-taps-liberty-energy-ceo-chris-wright-for-energy-secretary">United States energy secretary</a>.
What Happened: Trump has nominated Wright to lead the U.S. Department of Energy. Wright is the chief of oilfield services company Liberty Energy, and he also serves on Oklo&#8217;s board. 
&#8220;I am deeply honored by this nomination and opportunity to serve our country and continue the mission of bringing affordable, reliable energy to the citizens of the United States and beyond,&#8221; Wright said in a statement.
According to <a href="https://www.cnbc.com/amp/2024/11/16/trump-picks-liberty-energy-ceo-and-oklo-board-member-chris-wright-as-energy-secretary.html">CNBC</a>, Wright will also serve on Trump&#8217;s Council of National Energy. The Liberty Energy CEO is reportedly against the idea that climate change needs to be addressed by moving away from fossil fuels. 
&#8220;There is no climate crisis and we&#8217;re not in the midst of an energy transition either,&#8221; Wright reportedly said in a LinkedIn video posted last year. 
&#8220;There is no such thing as clean energy or dirty energy. All energy sources have impacts on the world both positive and negative.&#8221;
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42036010/alphabet-on-trial-doj-remedies-loom-but-analyst-sees-20-upside-as-discount-to-meta-narrows">Alphabet Braces For DOJ Remedies: Analyst Sees 20% Upside Despite &#8216;Worst Possible&#8217; Risks</a>
Co-founder and CEO of OpenAI Sam Altman also serves on the board of Oklo as chairman. It&#8217;s the only public company that Altman chairs. 
Oklo shares have rallied in recent weeks as hyperscalers increasingly look to nuclear power to meet the rising energy demands of AI data centers. The stock pulled back at the end of last week after the company reported <a href="https://www.benzinga.com/news/earnings/24/11/41991912/sam-altman-backed-oklo-reports-q3-earnings-momentum-is-building-every-week">third-quarter financial results</a>.
Oklo reported operating losses of $37.4 million since the start of the year. The company ended the quarter with $288.5 million in cash, cash equivalents and marketable securities.&nbsp;
"We are entering an era of unprecedented energy demand — rivaled perhaps only by initial conversion to electrification over a century ago. The world is now recognizing nuclear&#8217;s role in powering that future," said&nbsp;Jacob DeWitte, co-founder and CEO of Oklo.
"Momentum is building every week — regulators are modernizing, bipartisan support is growing and some of the most influential companies are investing heavily in the space."
OKLO Price Action: <a href="http://benzinga.com/quote/oklo" target="_blank" rel="noreferrer noopener">Oklo shares</a> were up 7.44% at $19.34 at the time of publication, according to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Photo: courtesy of Oklo.

Movers

OKLO

Oklo Stock Is Rising Today: What's Driving The Action?

Liberty Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LBRT#NYSE">LBRT</a>) shares are trading higher premarket on Monday. The company disclosed that the Board of Directors intends to appoint William Kimble as non-executive Chairman and <a href="https://www.benzinga.com/pressreleases/24/11/b42032584/liberty-energy-inc-comments-on-nomination-of-chris-wright-as-u-s-secretary-of-energy-and-announces" target="_blank" rel="noreferrer noopener">Ron Gusek as Chief Executive Officer</a>.
The move came after President-elect Donald J. Trump nominated Liberty&#8217;s Founder, Chairman, CEO, and Director, Chris Wright, for the position of U.S.<a target="_blank" href="https://www.benzinga.com/24/11/42024837/trump-taps-liberty-energy-ceo-chris-wright-for-energy-secretary" rel="noreferrer noopener"> Secretary of Energy</a>.
The new CFO appointment is subject to U.S. Senate confirmation, and Mr. Wright will remain in his current role at Liberty until confirmation is completed.
Wright added, &#8220;Succession planning has been a priority of the Board. Having worked closely with both Bill and Ron, Liberty will be in the safest of hands upon my departure. Ron has been a close partner to me for over two decades and possesses all the criteria to ensure Liberty continues leading the industry in technology innovation and service quality while delivering growth for our valued shareholders.&#8221;
Last week, Trump said that Wright will be a part of the National&nbsp;Energy Council that will be headed by Interior Secretary-designate&nbsp;Doug Burgum, who is currently the governor of North Dakota.
The council&#8217;s main objective will be to cut down regulations and increase <a target="_blank" href="https://www.benzinga.com//node/42024837" rel="noreferrer noopener">investments to boost oil and gas production.</a>
The nomination of Wright, a key player in the fracking industry, signals Trump&#8217;s commitment to boost oil and gas production. The move could potentially lead to increased drilling activities and a greater focus on fracking, despite the U.S. already setting oil production records.
Investors can gain exposure to the stock via&nbsp;SPDR Series Trust SPDR S&amp;P Oil &amp; Gas Equipment &amp; Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XES#NYSE">XES</a>) and Invesco S&amp;P SmallCap Energy ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSCE#NASDAQ">PSCE</a>).
Price Action: LBRT shares are up 2.96% at $17.40 premarket at the last check Monday.
Photo via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41575181/crude-oil-faces-steepest-one-day-drop-in-over-two-years-energy-stocks-plunge-prices" target="_blank" rel="noreferrer noopener">Crude Oil Faces Steepest One-Day Drop In Over Two Years, Energy Stocks Plunge: Prices&#8217; Are Likely To Remain Under Pressure,&#8217; Analyst Says</a></li>
</ul>

Equities

Large Cap

Management

LBRT

PSCE

SPDR S&P Oil & Gas Equipment & Services ETF

Liberty Energy Names New CEO As Chris Wright Prepares For US Energy Secretary Role

Canaccord Genuity analyst John Newman maintains BioNTech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) with a Buy and maintains $171 price target.

BNTX

Canaccord Genuity Maintains Buy on BioNTech, Maintains $171 Price Target

Keybanc analyst John Vinh maintains Monolithic Power Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>) with a Overweight and lowers the price target from $1075 to $700.

MPWR

Keybanc Maintains Overweight on Monolithic Power Systems, Lowers Price Target to $700

Stifel analyst Steven Wieczynski maintains Viking Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIK#NYSE">VIK</a>) with a Buy and raises the price target from $39 to $50.

Stifel Maintains Buy on Viking Holdings, Raises Price Target to $50

Canaccord Genuity analyst George Gianarikas maintains Surf Air Mobility (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRFM#NYSE">SRFM</a>) with a Hold and maintains $2.2 price target.

SRFM

Canaccord Genuity Maintains Hold on Surf Air Mobility, Maintains $2.2 Price Target

Stifel analyst Matthew Sheerin initiates coverage on Ingram Micro Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INGM#NYSE">INGM</a>) with a Buy rating and announces Price Target of $28.

Initiation

INGM

Stifel Initiates Coverage On Ingram Micro Holding with Buy Rating, Announces Price Target of $28

SINTX Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SINT#NASDAQ">SINT</a>) shares are trading higher by 35% to $2.76 Monday morning after the company announced plans to buy back up to <a href="https://www.benzinga.com/pressreleases/24/11/g42031598/sintx-technologies-announces-stock-repurchase-program">$500K worth of common stock</a> in the upcoming quarters which can reduce the total shares outstanding by approximately 20%.
What Else: In general, a buyback program signals that management may believe the stock is undervalued and has confidence in the company's future performance.
"We believe that the current market undervalues SINTX's potential," said Eric Olson, CEO of SINTX Technologies. "This repurchase program underscores our confidence in the company's strategic initiatives and our commitment to delivering value to our shareholders.&#8221; 
&#8220;By leveraging our strong balance sheet, we are taking a proactive approach to capital allocation, similar to other companies in our industry that have successfully implemented share repurchase programs," Olson concluded.
Read Also: <a href="https://www.benzinga.com/24/11/42032477/spirit-airlines-eyes-financial-stability-with-chapter-11-filing-and-equity-injection">Spirit Airlines Eyes Restructuring With Chapter 11 Filing And Equity Injection</a>
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, SINT has a 52-week high of $105.80 and a 52-week low of $2.01.

SINT

Why SINTX Technologies Stock Is Up 50%

Canaccord Genuity analyst Brian McNamara maintains Spectrum Brands Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPB#NYSE">SPB</a>) with a Hold and raises the price target from $91 to $94.

Canaccord Genuity Maintains Hold on Spectrum Brands Holdings, Raises Price Target to $94

Stifel analyst Nathan Jones downgrades Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) from Buy to Hold and maintains the price target from $691 to $691.

Downgrades

Stifel Downgrades Parker Hannifin to Hold, Maintains Price Target to $691

Canaccord Genuity analyst Joseph Vafi maintains Globant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLOB#NYSE">GLOB</a>) with a Hold and maintains $205 price target.

GLOB

Canaccord Genuity Maintains Hold on Globant, Maintains $205 Price Target

Stifel analyst Nathan Jones downgrades Ingersoll Rand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IR#NYSE">IR</a>) from Buy to Hold and lowers the price target from $112 to $107.

Stifel Downgrades Ingersoll Rand to Hold, Lowers Price Target to $107

Canaccord Genuity analyst Sumant Kulkarni maintains GH Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GHRS#NASDAQ">GHRS</a>) with a Buy and lowers the price target from $31 to $28.

GHRS

Canaccord Genuity Maintains Buy on GH Research, Lowers Price Target to $28

Stifel analyst Nathan Jones downgrades ESAB (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESAB#NYSE">ESAB</a>) from Buy to Hold and lowers the price target from $138 to $130.

ESAB

Stifel Downgrades ESAB to Hold, Lowers Price Target to $130

Bank of America Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) shares have surged 12% to $46.80 in November, fueled by investor optimism following Donald Trump's presidential election win and the expectation of favorable economic policies for the <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/41772701/trumps-historic-return-7-ways-his-second-term-could-impact-the-us-economy">banking industry</a>. 
What To Know: Trump's agenda, including potential tax cuts and regulatory rollbacks, is anticipated to create a supportive environment for financial institutions. Lower corporate taxes would allow Bank of America to retain more earnings, which could be used to expand lending operations, return capital to shareholders, or invest in new technologies.
Trump's focus on deregulation, including easing restrictions under the Dodd-Frank Act, is another positive for Bank of America. Reduced compliance costs and increased operational flexibility would allow the bank to grow its retail and commercial lending segments more aggressively. This could translate into higher revenues, particularly as businesses seek financing to capitalize on economic growth.
Additionally, Trump's infrastructure spending plans may spur demand for corporate credit and advisory services, further bolstering Bank of America's revenues. 
Meanwhile, potential inflationary pressures under Trump's policies could keep interest rates higher, boosting the bank's net interest margins and profitability on loans.
Read Also: <a href="https://www.benzinga.com/24/11/42033047/us-stocks-likely-to-open-on-a-tentative-note-as-investors-gear-up-for-nvidia-retail-earnings-analyst-updates-sp-500-target-for-2025-says-market-is-expensive">US Stocks On Edge As Investors Gear Up For Nvidia, Retail Earnings</a>
<h2 class="wp-block-heading">Is BAC A Good Stock To Buy?</h2>
Wall Street analysts view Bank of America on the whole as an Outperform, given the history of coverage over the past three months. Keith Horowitz from Citigroup in Bank of America is the most optimistic, expecting a 17.39% rise in the stock in the coming year.
But looking at how the market as a whole thinks of the stock, you can reference historical price action for views on whether investors feel strongly about the stock one way or another. In the past 3 months, Bank of America rose 20.27%, which indicates that opinion improved on the business and how attractive it is to own based on either its stock price, or underlying fundamentals, like revenue, which rose 0.68% over the past year.
A complete overview of how Wall Street views individual stocks is available <a href="https://www.benzinga.com/analyst-stock-ratings">here</a>, while real time updates on the latest analyst actions will be delivered via <a href="https://pro.benzinga.com">Benzinga PRO</a>. Try it for free.
BAC has a 52-week high of $46.84 and a 52-week low of $29.22.

What's Going On With Bank Of America (BAC) Shares

Canaccord Genuity analyst Joseph Vafi maintains CI&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CINT#NYSE">CINT</a>) with a Buy and raises the price target from $9 to $10.

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