L'intérêt à découvert pour US Foods Hldg donne aux investisseurs une idée du degré auquel les investisseurs parient sur la baisse de l'action de US Foods Hldg. Les données sur l'intérêt à découvert sont mises à jour toutes les deux semaines.

US Foods Hldg (NYSE:USFD) Stock, Rapport sur les intérêts à découvert

US Foods Hldg

Tyme Technologies

US Foods Holding Corp is the U.S. food service distributor. us Foods distributes food and nonfood products to the healthcare and hospitality industries, restaurants, and education, government facilities, and grocers. In addition to its delivery business, the firm has 80 cash-and- carry stores under the Chef'Store banner. The company generates majority of the revenue from Meats and seafood products.

US Foods Holding Corp

RBC Capital analyst Walter Spracklin maintains Norfolk Southern (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSC#NYSE">NSC</a>) with a Outperform and raises the price target from $267 to $272.

News

Price Target

Analyst Ratings

RBC Capital Maintains Outperform on Norfolk Southern, Raises Price Target to $272

On Friday, BridgeBio Pharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBIO#NASDAQ">BBIO</a>)&nbsp;presented a post-hoc analysis evaluating the effect of acoramidis on the composite endpoint of all-cause mortality (ACM) and recurrent cardiovascular-related hospitalizations (CVH) events in its Phase 3 ATTRibute-CM <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/g41077364/bridgebio-shares-recurrent-event-analysis-of-attribute-cm-demonstrating-a-42-reduction-by-acoramid" rel="noreferrer noopener">study in ATTR-CM</a>.
The data were shared at the Heart Failure Society of America (HFSA) Annual Scientific Meeting 2024.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/biotech/24/09/40819741/bridgebio-pharma-seeks-partner-to-develop-gene-therapy-for-inherited-condition" rel="noreferrer noopener">BridgeBio Pharma Seeks Partner To Develop Gene Therapy For Inherited Condition</a>.
ATTRibute-CM was designed to evaluate the efficacy and safety of acoramidis.
The analysis included:
<ul>
<li>A 42% reduction in composite ACM and recurrent CVH events at 30 months was observed with acoramidis treatment compared to placebo by applying a negative binomial regression model (post-hoc) (p=0.0005).</li>
<li>A 42% reduction in ACM and recurrent CVH events per patient was observed over 30 months with acoramidis treatment compared to placebo.</li>
<li>A 30.5% hazard reduction in ACM and recurrent CVH events at 30 months was observed with acoramidis treatment compared to placebo by applying the Andersen-Gill model (post-hoc) (p=0.0008).</li>
</ul>
&#8220;This post-hoc analysis provides further evidence that near-complete TTR stabilization with acoramidis can improve clinical outcomes for patients with ATTR-CM. The reduction of hospitalizations and all-cause mortality seen in ATTRibute-CM heightens the case for acoramidis as a first-line therapy, given its potential to improve the overall quality of life for patients,&#8221; said Daniel Judge, M.D., professor of medicine and cardiology at the Medical University of South Carolina.
Transthyretin amyloidosis (ATTR-CM) occurs when the liver produces faulty transthyretin (TTR) proteins. Clumps of these abnormal proteins (fibrils) build up in the heart&#8217;s main pumping chamber.
Based on the results from ATTRibute-CM, BridgeBio submitted an FDA marketing application, which has been accepted with a PDUFA action date of November 29, 2024, and a Marketing Authorization Application to the European Medicines Agency, with a decision expected in 2025.
In August, BridgeBio Pharma presented additional data from an analysis of its Phase 3 ATTRibute-CM and open-label extension study of acoramidis in ATTR-CM at the European&nbsp;<a target="_blank" href="https://www.benzinga.com/general/biotech/24/08/40658278/why-is-bridgebio-pharma-stock-trading-higher-on-friday" rel="noreferrer noopener">Society of Cardiology 2024</a>.
Price Action: BBIO stock is up 2.39% at $25.54 at last check Monday.
Photo vis Shutterstock
Read Next:
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<li><a href="https://www.benzinga.com/government/24/09/41098199/ftc-clears-chevrons-53b-hess-merger-sets-restriction-for-john-hess" target="_blank" rel="noreferrer noopener">FTC Clears Chevron&#8217;s $53B Hess Merger, Sets Restriction For John Hess</a>.</li>
</ul>

Biotech

Equities

Health Care

Movers

Trading Ideas

General

BBIO

BridgeBio Pharma's Lead Candidate Cuts Mortality, Related Hospitalizations In Patients With Certain Type Of Heart Disease

RBC Capital analyst Walter Spracklin maintains Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) with a Outperform and raises the price target from $275 to $288.

RBC Capital Maintains Outperform on Union Pacific, Raises Price Target to $288

In a 2021 segment on Money.com, finance guru <a href="https://www.benzinga.com/personal-finance/24/09/40950245/suze-orman-says-missing-this-one-crucial-monthly-payment-could-cost-you-big-heres-the-first-bill">Suze Orman tackled</a> various real-life financial questions, giving her signature "approved" or "denied" stamp on viewers' dreams. One scenario involved a 46-year-old woman asking if she could afford to take a year off work to travel on a budget of $40,000. Spoiler alert: Orman approved, but not without adding a healthy dose of financial wisdom.
Don't Miss:
<ul>
<li><a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.</li>
<li>Can you guess how many retire with a $5,000,000 nest egg? &#8211;<a href="https://www.benzinga.com/money/retire-5mil-nest-egg"> How does it compare to the average?</a></li>
</ul>
The Scenario
The caller, who's doing pretty well financially, has a monthly income of $3,583 and zero debt. She's got $40,000 in liquid cash and $720,000 in her retirement account, and she plans to sell some stocks to fund her travels. In addition, she intends to rent out her home short-term to generate extra income while she's away.
Orman gave her the green light to take the trip, applauding her <a href="https://www.benzinga.com/personal-finance/24/09/40963028/suze-orman-says-keep-your-car-for-15-years-or-longer-instead-of-leasing-a-new-one-every-3-years-">smart financial planning</a>. But she didn't let her off the hook without a reality check about what that $40,000 could mean for her future.
<hr class="wp-block-separator has-alpha-channel-opacity" />
Trending: Founder of Personal Capital and ex-CEO of PayPal<a href="https://www.benzinga.com/money/evergreen-money"> re-engineers traditional banking with this new high-yield account — start saving better today.</a>
<hr class="wp-block-separator has-alpha-channel-opacity" />
$40,000 Today vs. $500,000 Tomorrow
Orman dropped a financial bombshell by pointing out that if $40,000 today were invested wisely, it could be worth half a million dollars 30 years from now. But how does that work?
Here's the math behind Orman's statement: Assuming an average annual return of 8% in a retirement account, $40,000 could grow to over $500,000 in 30 years due to the magic of compound interest. It's a reminder that today's spending comes with an opportunity cost – what you spend now won't have a <a href="https://www.benzinga.com/personal-finance/24/09/40971492/how-does-your-retirement-savings-compare-to-the-average-upper-class-nest-egg-heres-what-the-top-">chance to grow for your future</a>.
Orman's message was clear: while enjoying life now is important, balance that with planning for the future. The key is to find a way to enjoy experiences without jeopardizing long-term financial stability.
See Also: <a href="https://www.benzinga.com/money/irs-finalizes-10-year-rule-adv">IRS Finalizes 10-Year Rule For Retirement Withdrawals, Making Things &#8216;Even More Insanely Complicated&#8217;</a>
Retirement Tips: The Balancing Act
Suze Orman is famous for telling people to prioritize their retirement savings – and for good reason. People are living longer, and health care costs in retirement can be astronomical. For someone like the caller, who already has $720,000 saved, she's in a good spot. However, it's crucial to continue <a href="https://www.benzinga.com/personal-finance/24/07/40076189/suze-orman-says-youre-retired-your-portfolio-isnt-heres-her-advice-for-growing-your-nest-egg-in-">building that nest egg</a>.
Some tips for anyone considering a major life change like taking a year off include:
<ul>
<li>Maximize retirement contributions: This should be the first step if you're not already maxing out your 401(k) or IRA. The more you contribute now, the more time your investments have to grow.</li>
</ul>
<ul>
<li>Create multiple income streams: The caller&#8217;s decision to rent out her home was smart. Diversifying income sources like this can help cover travel expenses without dipping into savings.</li>
</ul>
<ul>
<li>Stay insured: Taking time off from work might mean losing employer-provided benefits like health insurance. Make sure to account for that in your budget.</li>
</ul>
<hr class="wp-block-separator has-alpha-channel-opacity" />
Trending: How do billionaires pay less in income tax than you?<a href="https://www.benzinga.com/money/tax-deferring-adv"> Tax deferring is their number one strategy</a>.
<hr class="wp-block-separator has-alpha-channel-opacity" />
Enjoy Today, Plan for Tomorrow
Orman's advice boils down to finding balance. If you're in a solid financial position, like the caller, and you've planned carefully, it's okay to splurge on life experiences. As Orman said, "Girlfriend, have the best time of your life!" Just don't forget about your future self while you're out there living in the moment.
Orman's approval came with a blend of excitement and caution, proving once again that it's possible to <a href="https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved">enjoy today without sacrificing tomorrow</a>. After all, $40,000 may not seem like a lot now, but in 30 years, it could be the difference between working in your 70s or sipping cocktails on a beach in retirement.
Read Next:
A billion-dollar investment strategy with minimums as low as $10 —<a href="https://www.benzinga.com/money/fundrise-flagship-fund"> you can become part of the next big real estate boom today.</a>
These five entrepreneurs are worth $223 billion –<a href="https://www.benzinga.com/money/arrived-homes-private-credit-fund"> they all believe in one platform that offers a 7-9% target yield with monthly dividends</a>

Personal Finance

46-Year-Old Making $3,583 A Month Asks Suze Orman If She Can Afford A Year Off To Travel – Orman Warns It'll Cost Her $500,000 In Retirement

Dyne Therapeutics's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DYN#NYSE">DYN</a>) short percent of float has risen 11.55% since its last report. The company recently reported that it has 7.66 million shares sold short, which is 9.08% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.76 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Dyne Therapeutics Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727716523_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Dyne Therapeutics has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Dyne Therapeutics's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Dyne Therapeutics's peer group average for short interest as a percentage of float is 15.27%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Peering Into Dyne Therapeutics's Recent Short Interest

Ansys's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANSS#NYSE">ANSS</a>) short percent of float has risen 8.41% since its last report. The company recently reported that it has 1.63 million shares sold short, which is 2.45% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.01 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Ansys Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727716518_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Ansys has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Ansys's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Ansys's peer group average for short interest as a percentage of float is 3.22%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

ANSS

Looking Into Ansys's Recent Short Interest

Airbnb's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NYSE">ABNB</a>) short percent of float has risen 8.25% since its last report. The company recently reported that it has 14.31 million shares sold short, which is 3.28% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.83 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Airbnb Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727716513_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Airbnb has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Airbnb's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Airbnb's peer group average for short interest as a percentage of float is 7.03%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

ABNB

(ABNB) - Analyzing Airbnb's Short Interest

JP Morgan analyst Tami Zakaria maintains ESAB (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESAB#NYSE">ESAB</a>) with a Overweight and raises the price target from $120 to $128.

ESAB

JP Morgan Maintains Overweight on ESAB, Raises Price Target to $128

Guggenheim analyst Curry Baker maintains TKO Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKO#NYSE">TKO</a>) with a Buy and raises the price target from $135 to $140.

Guggenheim Maintains Buy on TKO Group Holdings, Raises Price Target to $140

WIIM

Universal Health Services shares are trading lower after the company said the resolution of legal matters concerning subsidiaries Cumberland Hospital for Children and Adolescents and Pavilion Behavioral Health System may have a material adverse effect on the company.

JP Morgan analyst Andrea Teixeira maintains SharkNinja (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SN#NYSE">SN</a>) with a Overweight and raises the price target from $97 to $128.

JP Morgan Maintains Overweight on SharkNinja, Raises Price Target to $128

Lauren Sánchez, the fiancée of Amazon.com Inc.<a href="https://www.benzinga.com/topic/jeff-bezos"> founder Jeff Bezos</a>, is facing a legal battle over her recently released children&#8217;s book, &#8220;The Fly Who Flew to Space.&#8221; 
Just after the book received a glowing review from Bezos on Amazon, her former yoga instructor filed a lawsuit claiming Sánchez stole the book&#8217;s concept, Business Insider <a href="https://www.businessinsider.com/lauren-sanchez-fly-who-flew-space-childrens-book-lawsuit-bezos-2024-9" target="_blank" rel="noreferrer noopener">reports</a>.
What Happened: According to Business Insider, Bezos publicly endorsed Sánchez&#8217;s children&#8217;s book with an Amazon review, <a href="https://www.amazon.com/gp/customer-reviews/R3RZS2VIQ6601F">praising </a>it as the best she&#8217;s ever written. However, this praise coincided with a lawsuit filed by&nbsp;Alanna Zabel, a California-based yoga instructor who previously worked with Sánchez.
Zabel claims Sánchez used her intellectual property for the book, which features a fly&#8217;s space-themed adventure. According to the lawsuit, the concept closely mirrors Zabel&#8217;s idea for a book about a cat who flies to Mars, which the two had discussed during their professional relationship from 2007 to 2010.
The complaint outlines a long history of communication between the two women, with Zabel even reaching out in 2022 to propose a potential collaboration on children&#8217;s literature. Zabel's allegations extend beyond intellectual property theft, accusing Sánchez of causing emotional distress. Zabel is now seeking a jury trial, Business Insider reports.
Also Read: <a href="https://www.benzinga.com/news/24/09/41084112/mark-zuckerberg-says-orion-is-probably-going-to-be-the-next-major-platform-after-phones-metas-new-ar">Mark Zuckerberg Says, Orion &#8216;Is Probably Going To Be The Next Major Platform After Phones&#8217; — Meta&#8217;s New AR Wearables Real-Life Tony Stark Glasses In The Making?</a>
Why It Matters: The lawsuit&#8217;s timing adds a complex layer to Sánchez&#8217;s growing public image, especially as she navigates her high-profile relationship with Bezos. Sánchez's private life has gained increasing attention, particularly her and Bezos&#8217; unique morning routine.
The couple starts each day with <a href="https://www.benzinga.com/general/entertainment/24/09/40760465/jeff-bezos-enforces-no-phones-in-the-morning-house-rule-says-partner-lauren-s-nchez-the-mor">a strict no-phone rule</a>, focusing instead on conversation. Sánchez, a former TV host, has spoken about how Bezos' influence changed her typical morning habits, allowing the couple more personal connection time.
This insight into Bezos&#8217; routine complements his well-known stance on work-life balance. Despite his leadership at Amazon, he's long advocated for undistracted mornings, even delaying his first meetings to make time for what he calls "puttering" — an activity-free period he considers vital for productivity and creativity.
For Sánchez, whose mornings now start without phones, this balance between public visibility and personal space will continue to be a focus as the lawsuit unfolds and her book garners further attention.
Read Next:
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<li><a href="https://www.benzinga.com/news/24/09/41095962/billionaire-warren-buffett-still-lives-in-an-old-corner-house-he-purchased-for-32k-i-couldnt-imagine">Billionaire Warren Buffett Still Lives In An Old Corner House He Purchased For $32K: &#8216;I Couldn&#8217;t Imagine Having A Better House&#8217;</a></li>
</ul>
This article was created using artificial intelligence and was reviewed by Benzinga editors.
Photo: Shutterstock

Entertainment

Legal

Jeff Bezos Loves His Fiancée's New Book, But Now She's Being Sued Over It

JP Morgan analyst Samik Chatterjee maintained an Overweight rating on Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) with a price target of $265.
In the third week of Chatterjee&#8217;s Apple Product Availability Tracker, delivery lead times are showing trends, which, if continued, will explain the weaker lead times for the Pro models in the initial weeks as only an aberration led by a combination of better supply mix and delay in picking up momentum from higher-end consumers awaiting the release of Apple Intelligence, he noted.
The analyst said lead times, in the aggregate, have moderated as expected following the peak in the second week.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/41005053/apple-iphone-to-fuel-96-of-2025-revenue-analyst-says-a-safer-bet-than-ai-heavy-amazon-alphabet-micro" rel="noreferrer noopener">Apple iPhone To Fuel 96% Of 2025 Revenue, Analyst Says: A Safer Bet Than AI-Heavy Amazon, Alphabet, Microsoft, Meta?</a>
Still, Pro-model lead times remained steady for week three, contrary to the typical moderation in prior years.&nbsp;&nbsp;
Base models led the moderation in the last week for iPhone 16 series in aggregate, while lead times for Pro models were stable; iPhone 16 (Base model) moderated by seven days (versus moderation of 1 day from the second week to third week last year for iPhone 15), with moderation of 11 days for the Plus model (versus moderation of 1 day from second week to third week last year for 15 Plus), but lead times for Pro and Pro Max held steady over the last week relative to moderation of 7 days and nine days, respectively, from second week to third week for 15 Pro and Pro Max.
In aggregate, although overall lead times for the iPhone 16 models are still lower relative to iPhone 15 last year, the narrowing of the gap between the two groups (Base versus Pro) over the previous week and steady lead times for the Pro models highlight the likelihood that the initial slower momentum in demand for the Pro models is correcting itself with the release of Apple Intelligence drawing closer.
As per Chatterjee&#8217;s U.S. Tracker, delivery lead times stabilized for Pro models while Base model lead times were moderate. The U.S. accounts for ~32% of iPhone shipments.
As per the analyst&#8217;s China Tracker, delivery lead times dropped drastically for 16 Plus and moderately for 16 while remaining stable for Pro models. China accounts for ~20% of iPhone shipments.
As per his Europe Tracker, lead times for Base models were moderate, while Pro lead times were stable, similar to other geographies. Germany and the U.K. each account for ~5% of iPhone shipments.
Price Action: AAPL stock is up 1.81% at $231.92 at last check Monday.
Image via Shutterstock
Also Read:
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<li><a href="https://www.benzinga.com/news/24/09/40882969/iphone-16-pro-demand-lags-longer-wait-times-globally-china-shows-smaller-gap-analyst" target="_blank" rel="noreferrer noopener">iPhone 16 Pro Demand Lags, Longer Wait Times Globally, China Shows Smaller Gap: Analyst</a></li>
</ul>

Analyst Color

Reiteration

AAPL

Apple's iPhone 16 Pro Demand Correction In Sight: Analyst Highlights Delivery Trends Across Global Markets

Shares of hotel companies are trading lower amid possible sympathy with Carnival after the company reported Q3 financial results and worse-than-expected Q4 adjusted EPS guidance.

Asset Sales

LVMHF

LVMUY

LVMH Announces That It Has Sold Off-White LLC, Company Which Owns Off-White Brand, To Bluestar Alliance; Terms Of The Transaction Are Not Being Disclosed

There aren&#39;t&nbsp;many deals to consider for further value in the&nbsp;<a href="https://www.marketbeat.com/stocks/sectors/computer-and-technology/" rel="noopener" target="_blank">technology sector</a>. However, one stock is looking to change that narrative by delivering on previous promises. Shares of&nbsp;PayPal Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pypl#NASDAQ">PYPL</a>) have recently made a new 52-week high, now trading near $80 a share for the first time since the first quarter of 2023. The issue becomes whether they can sustain this new price or even reach&nbsp;a higher valuation.
According to a few Wall Street analysts, PayPal may be able to do this in the coming quarters. The <a href="https://www.marketbeat.com/stocks/sectors/finance/">financial sector</a> is one of the first to move when the economic landscape shifts, such as today, with the interest rate pivot coming from the Federal Reserve (the Fed) to help boost transaction volume and fees for stocks like PayPal. But then, there&#39;s the subject of competition.
It&#39;s true that PayPal doesn&#39;t operate in a vacuum. It competes with behemoths in the space like Visa Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/v#NYSE">V</a>) and Mastercard Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ma#NYSE">MA</a>). Even in the smaller market bracket, PayPal must remain competitive and attractive relative to competitors like <a href="https://www.marketbeat.com/stocks/NYSE/SQ/">Block Inc. (NYSE: </a><a class="ticker" href="https://www.benzinga.com/stock/sq#NYSE">SQ</a>). Investors could safely assume this may be the case moving forward with PayPal stock for reasons that will become clear in just a bit.
<h3>Price Action and Forecasts Position PayPal Stock Ahead </h3>
Investors can begin to get a feel for what the market feels about PayPal stock through price action. Compared to its closest competitor, Block, PayPal is trading at a new 52-week high now, while Block is trading down to roughly <a href="https://www.marketbeat.com/stocks/NYSE/SQ/chart/">77% of its 52-week high</a>.
There must be a reason traders and markets are bidding higher for PayPal, which can be found in expectations and forecasts. Earnings per share (EPS) growth forecasts reflect PayPal&#39;s jump from $1.19 in profits today to <a href="https://www.marketbeat.com/stocks/NASDAQ/PYPL/earnings/">$1.30 for the same quarter next year</a>.
This 10% jump is significantly higher than <a href="https://www.marketbeat.com/stocks/NYSE/SQ/earnings/">Block&#39;s EPS forecasts for $0.50</a>, down from today&#39;s $0.93, a nearly 50% contraction in comparison. Given that PayPal is a $74 billion company, investors cannot&mdash;and should not&mdash;compare its growth to that of Visa or Mastercard, which are closer to the half-trillion mark.
However, investors can compare upside potential. Those at Mizuho Financial decided to place a $90 price target on PayPal a couple of months ago, jumping the gun early given that nobody else followed the trend until now. Analysts from Deutsche Bank topped Mizuho&#39;s view with a <a href="https://www.marketbeat.com/stocks/NASDAQ/PYPL/forecast/">$94 a share price target</a>.
This implies that despite the current yearly high, PayPal has about 21.2% upside left to run higher. PayPal takes the lead compared to <a href="https://www.marketbeat.com/stocks/NYSE/SQ/forecast/">Block&#39;s recent $70 price target</a> from New Street Research. When it comes to Visa and Mastercard, a respective <a href="https://www.marketbeat.com/stocks/NYSE/V/forecast/">7.5%</a> and <a href="https://www.marketbeat.com/stocks/NYSE/MA/forecast/">3% upside</a> potential pales next to PayPal&#39;s growth.
The question is whether PayPal&#39;s financials and business have what it takes to deliver on these promises.
<h3>PayPal Proves Stronger Than Investors Previously Expected</h3>
Looking at <a href="https://s201.q4cdn.com/231198771/files/doc_financials/2024/q2/PYPL-2Q-24-Earnings-Release.pdf">PayPal&#39;s latest quarterly earnings results</a>, the trend toward a potential higher price becomes clearer. Starting with revenues, PayPal reported a net increase of 8%, along with a similar 8% expansion in transaction margins to boost further profitability down the line.
Regarding other drivers or key performance indicators (KPIs), PayPal didn&#39;t disappoint either. Total payment volume rose 11% in the year to $416.8 billion, and transactions per active account also rose 11% in signal activity within the platform despite worries about the consumer and business economy.
Here&#39;s why markets and bears have kept PayPal stock so low during the past few quarters. Net active accounts decreased by 0.4% to 429 million, which may have been enough to scare capital away from this company. Still, those savvy enough will focus on the other profit metrics on the rise.
All told, PayPal reported up to $1.4 billion in free cash flow (operating cash flow minus capital expenditures). Knowing that the best is just ahead for PayPal, management has committed up to 100% of the company&#39;s free cash flow into a share buyback program.
This addition to the buyback program would put PayPal on pace to buy back up to $5 billion worth of stock, which is nearly 10% of the company&#39;s market capitalization. When management approves such aggressive buybacks, it typically means they think the stock is cheap enough today and also expect to see higher prices ahead.
However, management isn&#39;t the only one buying up PayPal stock; those at Legal &amp; General Group decided to boost their holdings by as much as 3.3% as of August 2024, bringing their net position to <a href="https://www.marketbeat.com/stocks/NASDAQ/PYPL/institutional-ownership/">$501.2 million today</a>. This is only a fraction of the $4 billion of institutional capital called PayPal stock home over the past 12 months, a figure investors can safely assume will increase.
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/paypal-soars-to-new-heights-why-analysts-see-more-upside/">PayPal Soars to New Heights: Why Analysts See More Upside</a>&quot; first appeared on MarketBeat.

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PayPal Soars To New Heights: Why Analysts See More Upside

Ratings for U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) were provided by 11 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
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;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">7</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;">0</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>
</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;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $48.91, a high estimate of $57.00, and a low estimate of $42.00. This upward trend is apparent, with the current average reflecting a 5.71% increase from the previous average price target of $46.27.
<img src="https://www.benzinga.com/files/images/story/2024/1727715669_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The standing of U.S. Bancorp among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines 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>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$57.00</td>
<td>$54.00</td>
</tr>
<tr>
<td>Gerard Cassidy</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$48.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Richard Ramsden</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$46.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$54.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Mike Mayo</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$52.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Keith Horowitz</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$49.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Erika Najarian</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$46.00</td>
<td>$43.00</td>
</tr>
<tr>
<td>Richard Ramsden</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$47.00</td>
<td>$42.00</td>
</tr>
<tr>
<td>Gerard Cassidy</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$48.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Peter Winter</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Neutral</td>
<td>$49.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Ken Usdin</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Hold</td>
<td>$42.00</td>
<td>$43.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to U.S. Bancorp. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of U.S. Bancorp compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of U.S. Bancorp's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of U.S. Bancorp's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/USB/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on U.S. Bancorp analyst ratings.</a>
<h2>Discovering U.S. Bancorp: A Closer Look</h2>
As a diversified financial-services provider, U.S. Bancorp is one of the nation's largest regional banks, with branches in roughly 26 states, primarily in the Western and Midwestern United States. The bank offers many services, including retail banking, commercial banking, trust and wealth services, credit cards, mortgages, and other payments capabilities.
<h3>Unraveling the Financial Story of U.S. Bancorp</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Decline in Revenue: Over the 3 months period, U.S. Bancorp faced challenges, resulting in a decline of approximately -4.24% in revenue growth as of 30 June, 2024. This signifies a reduction in the company's 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 Financials sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 22.2%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): U.S. Bancorp's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 3.09%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): U.S. Bancorp's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.22%, the company may face hurdles in achieving optimal financial returns.
Debt Management: U.S. Bancorp's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.4.
<h2>Understanding the Relevance of 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 also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Where U.S. Bancorp Stands With Analysts

Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) underwent analysis by 13 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares 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;">8</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</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;">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>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;">0</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Bank of America, revealing an average target of $44.69, a high estimate of $49.00, and a low estimate of $39.00. Surpassing the previous average price target of $42.27, the current average has increased by 5.73%.
<img src="https://www.benzinga.com/files/images/story/2024/1727715661_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
A clear picture of Bank of America's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines 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>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$47.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Matt O'Connor</td>
<td>Deutsche Bank</td>
<td>Announces</td>
<td>Buy</td>
<td>$45.00</td>
<td>-</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$49.00</td>
<td>$46.00</td>
</tr>
<tr>
<td>James Fotheringham</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$40.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$46.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Jason Goldberg</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$49.00</td>
<td>$43.00</td>
</tr>
<tr>
<td>Glenn Schorr</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$46.00</td>
<td>$43.00</td>
</tr>
<tr>
<td>David Konrad</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$48.00</td>
<td>$46.00</td>
</tr>
<tr>
<td>Gerard Cassidy</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$46.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Kenneth Leon</td>
<td>CFRA</td>
<td>Announces</td>
<td>Sell</td>
<td>$39.00</td>
<td>-</td>
</tr>
<tr>
<td>Scott Siefers</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$42.00</td>
<td>$37.00</td>
</tr>
<tr>
<td>Ken Usdin</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$41.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Glenn Schorr</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$43.00</td>
<td>$41.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Bank of America. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Bank of America 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>
To gain a panoramic view of Bank of America's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/BAC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Bank of America analyst ratings.</a>
<h2>Delving into Bank of America's Background</h2>
Bank of America is one of the largest financial institutions in the United States, with more than $3.0 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.
<h3>Bank of America's Financial Performance</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: Over the 3 months period, Bank of America showcased positive performance, achieving a revenue growth rate of 0.71% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Bank of America's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 25.94%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Bank of America's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.47%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Bank of America's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.2%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Bank of America's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.24.
<h2>The Significance of Analyst Ratings Explained</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and 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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Latest Analyst Ratings For Bank of America

28 analysts have shared their evaluations of Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) during the recent three months, expressing 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;">7</td>
<td style="text-align: right;">13</td>
<td style="text-align: right;">8</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;">7</td>
<td style="text-align: right;">11</td>
<td style="text-align: right;">8</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;">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>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $176.29, along with a high estimate of $202.00 and a low estimate of $140.00. Witnessing a positive shift, the current average has risen by 9.98% from the previous average price target of $160.30.
<img src="https://www.benzinga.com/files/images/story/2024/1727715653_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The standing of Oracle among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines 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>Mark Moerdler</td>
<td>Bernstein</td>
<td>Raises</td>
<td>Outperform</td>
<td>$202.00</td>
<td>$201.00</td>
</tr>
<tr>
<td>Brent Thill</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$190.00</td>
<td>$170.00</td>
</tr>
<tr>
<td>Mark Murphy</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$140.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Karl Keirstead</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$200.00</td>
<td>$175.00</td>
</tr>
<tr>
<td>Jason Ader</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$190.00</td>
<td>$175.00</td>
</tr>
<tr>
<td>Brad Sills</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$195.00</td>
<td>$175.00</td>
</tr>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$202.00</td>
<td>$172.00</td>
</tr>
<tr>
<td>Derrick Wood</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$190.00</td>
<td>$180.00</td>
</tr>
<tr>
<td>Patrick Walravens</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$175.00</td>
<td>$175.00</td>
</tr>
<tr>
<td>Kirk Materne</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$190.00</td>
<td>$175.00</td>
</tr>
<tr>
<td>John Difucci</td>
<td>Guggenheim</td>
<td>Raises</td>
<td>Buy</td>
<td>$200.00</td>
<td>$185.00</td>
</tr>
<tr>
<td>Brent Bracelin</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$185.00</td>
<td>$175.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$157.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Patrick Walravens</td>
<td>JMP Securities</td>
<td>Announces</td>
<td>Market Outperform</td>
<td>$175.00</td>
<td>-</td>
</tr>
<tr>
<td>Brent Thill</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$170.00</td>
<td>$150.00</td>
</tr>
<tr>
<td>Keith Bachman</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$173.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Brad Reback</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$155.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Jason Ader</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$175.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$172.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Gil Luria</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Neutral</td>
<td>$140.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Siti Panigrahi</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$185.00</td>
<td>$170.00</td>
</tr>
<tr>
<td>Karl Keirstead</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$175.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Kirk Materne</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$175.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Derrick Wood</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$180.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$145.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Brad Sills</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$175.00</td>
<td>$155.00</td>
</tr>
<tr>
<td>Brent Bracelin</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$175.00</td>
<td>$150.00</td>
</tr>
<tr>
<td>Brent Bracelin</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$150.00</td>
<td>$150.00</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 Oracle. This information provides 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 Oracle 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>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Oracle's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ORCL/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Oracle analyst ratings.</a>
<h2>All You Need to Know About Oracle</h2>
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.
<h3>Financial Milestones: Oracle's Journey</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Oracle displayed positive results in 3 months. As of 31 August, 2024, the company achieved a solid revenue growth rate of approximately 6.86%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Oracle's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 22.01% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 30.01%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Oracle's ROA stands out, surpassing industry averages. With an impressive ROA of 2.05%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Oracle's debt-to-equity ratio stands notably higher than the industry average, reaching 7.81. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>Analyst Ratings: Simplified</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a 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.
Breaking: Wall Street's Next Big Mover
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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There's a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on US Foods Holding (USFD – Research Report) and Su...

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The food industry is expected to remain resilient due to constant demand, adaptability to consumer trends, and innovations in technology and supply chains, ensuring stability amid economic fluctuations. Therefore, investors looking for consistent returns might consider buying fundamentally strong food stocks such as US Foods Holding (USFD), and Sysco (SYY). Read on... The food industry is stable and growing, fueled by changing consumer preferences, sustainability trends, increased online sales, and rising demand for local, organic, and convenience-based products. Given this backdrop, investing in fundamentally strong food stocks like US Foods Holding Corp. (<a href="https://stocknews.com/stock/USFD/">USFD</a>) and Sysco Corporation (<a href="https://stocknews.com/stock/SYY/">SYY</a>) could be wise for consistent returns.
Despite geopolitical uncertainties and supply chain disruptions, rising incomes, a growing population, and technological advancements in food processing, innovative distribution, and automation boost the resilience of the food industry. This makes it a strong investment opportunity for stable returns. The food market's output is projected to reach $3.70 trillion in 2024, and grow at an <a href="https://www.statista.com/outlook/io/manufacturing/consumer-goods/food/worldwide#:~:text=Output%20in%20the%20Food%20market,amount%20to%203.9%25%20in%202024.">1.1% CAGR</a> from 2024 to 2029.
In addition, marketing in the food industry drives revenue through digital strategies like social media engagement, influencer partnerships, personalized content, and e-commerce optimization. Similarly, data analytics enhance brand visibility and customer loyalty, boosting sales and market growth. Hence, the U.S. food market is projected to generate <a href="https://www.statista.com/outlook/cmo/food/united-states">$833.80 billion in 2024</a>, with an expected annual growth rate of 4.1%.
Given this favorable backdrop, let's take a closer look at the fundamentals of the two featured <a href="https://stocknews.com/category/food-makers/">Food Makers</a> stocks, beginning with the second choice.
Stock #2: US Foods Holding Corp. (<a href="https://stocknews.com/stock/USFD/">USFD</a>)
USFD engages in the marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to food service customers in the United States. The company's customers include independently owned single and multi-unit restaurants, national restaurant chains, hospitals, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.
In terms of forward EV/EBIT, USFD's 14.13x is 4.5% lower than the 14.80x industry average. Its 0.95x forward non-GAAP <a href="https://www.investopedia.com/terms/p/pegratio.asp">PEG</a> is 55.7% lower than the 2.14x industry average. Similarly, its 10.85x forward EV/EBITDA is marginally lower than the 10.88x industry average.
During the second quarter ended June 29, 2024, USFD's net sales grew 7.7% year-over-year to $9.71 billion. The company's adjusted gross profit increased 8.2% from the year-ago value to $1.71 billion. Likewise, its adjusted EBITDA rose 13.2% from the prior year's period to $489 million.
For the same period, its operating income was $353 million, up 9.6% from the prior-year quarter. Moreover, USFD's adjusted net income and adjusted EPS rose 16.1% and 17.7% from the year-ago value to $231 million and $0.93, respectively.
Street expects USFD's EPS and revenue for the quarter ended September 30, 2024, to increase 18.9% and 6.8% year-over-year to $0.83 and $9.72 billion, respectively. Over the past year, the stock has gained 45.7% to close the last trading session at $58.48.
USFD's positive outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. It has an overall rating of B, translating to a Buy in our proprietary rating system. The POWR ratings assess stocks by 118 different factors, each with its own weighting.
It has an A grade for Growth and a B for Value. It is ranked #16 out of 74 stocks in the B-rated <a href="https://stocknews.com/category/food-makers/">Food Makers</a> industry. To see USFD's Momentum, Stability, Sentiment, and Quality ratings, <a href="https://stocknews.com/stock/USFD/">click here</a>.
Stock #1: Sysco Corporation (<a href="https://stocknews.com/stock/SYY/">SYY</a>)
SYY and its subsidiaries engage in the marketing and distribution of various food and related products to the food service or food-away-from-home industry internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments.
In terms of forward EV/Sales, SYY's 0.61x is 65.5% lower than the 1.78x industry average. Its 13.64x forward EV/EBIT is 7.9% lower than the 14.80x industry average. Likewise, its 16.86x forward non-GAAP P/E is 5.6% lower than the 17.86x industry average.
SYY's sales for the fiscal second quarter ended June 29, 2024, grew 4.2% year-over-year to $20.56 billion. The company's non-GAAP operating income was $1.08 billion, up 6.4% from the year-ago value. In addition, its non-GAAP net earnings increased 1.5% from the previous year's quarter to $693 million, and non-GAAP earnings per share rose 3.7% year-over-year to $1.39.
For the quarter ending September 30, 2024, SYY's EPS and revenue are expected to increase 5.7% and 4.4% year-over-year to $1.13 and $20.48 billion, respectively. It surpassed the consensus EPS estimates in each of the trailing four quarters. The stock has gained 9.9% over the past year to close the last trading session at $77.14.
It's no surprise that SYY has an overall rating of B, which translates to a Buy in our POWR Ratings system.
It has a B grade for Value, Stability, and Quality. It is ranked #13 in the Food Makers industry. To access the additional ratings of SYY for Growth, Momentum, and Sentiment, <a href="https://stocknews.com/stock/SYY/">click here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
SYY shares were trading at $77.16 per share on Friday afternoon, down $0.42 (-0.54%). Year-to-date, SYY has gained 7.67%, versus a 18.73% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/syy-usfd-2-food-stocks-to-buy-for-consistent-returns/>2 Food Stocks to Buy for Consistent Returns</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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