La vendita allo scoperto per Boyd Group Services dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di Boyd Group Services. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

Boyd Group Services (OTC:BYDGF) Azioni, Report sulle vendite allo scoperto

Boyd Group Services Inc is engaged in operating non-franchised collision repair centers in North America. The Company's primary line of business is automotive collision and glass repair and related services, with the majority of revenues relating to this group of similar services. This line of business operates in Canada and the U.S. and both regions exhibit similar long-term economic characteristics. he Company is also a retail auto glass operator in the United States, under the trade names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com. In addition, the Company operates a third-party administrator, Gerber National Claims Services (GNCS), that offers glass, emergency roadside, and first notice of loss services.

BOYD GROUP SVCS INC by BOYD GROUP SVCS INC.

Boyd Group Services Inc

<p><strong>BOK Financial</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOKF#NASDAQ">BOKF</a>) is set to give its latest quarterly earnings report on Monday, 2024-10-21. Here's what investors need to know before the announcement.</p>
<p>Analysts estimate that BOK Financial will report an <strong>earnings per share</strong> (EPS) of $1.98. </p>
<p>The market awaits BOK Financial's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.</p>
<p>It's important for new investors to understand that guidance can be a significant driver of stock prices.</p>
<h3>Earnings History Snapshot</h3>
<p>In the previous earnings release, the company missed EPS by $0.32, leading to a 0.74% drop in the share price the following trading session.</p>
<p>Here's a look at BOK Financial's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>2.34</td>
<td>1.73</td>
<td>1.75</td>
<td>2.09</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>2.02</td>
<td>1.91</td>
<td>1.76</td>
<td>2.04</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-1.0%</td>
<td>-3.0%</td>
<td>3.0%</td>
<td>1.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729275375_0.png" alt="eps graph" /></p>
<h3>Performance of BOK Financial Shares</h3>
<p>Shares of BOK Financial were trading at $114.66 as of October 17. Over the last 52-week period, shares are up 57.68%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/BOKF/earnings"><strong>To track all earnings releases for BOK Financial visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Earnings

BOKF

BOK Financial's Earnings: A Preview

<p>Enterprise Finl Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EFSC#NASDAQ">EFSC</a>) is preparing to release its quarterly earnings on Monday, 2024-10-21. Here's a brief overview of what investors should keep in mind before the announcement.</p>
<p>Analysts expect Enterprise Finl Servs to report an <strong>earnings per share</strong> (EPS) of $1.14.</p>
<p>The announcement from Enterprise Finl Servs is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.</p>
<p>It's worth noting for new investors that guidance can be a key determinant of stock price movements.</p>
<h3>Historical Earnings Performance</h3>
<p>During the last quarter, the company reported an EPS beat by $0.15, leading to a 12.37% increase in the share price on the subsequent day.</p>
<p>Here's a look at Enterprise Finl Servs's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>1.06</td>
<td>1.11</td>
<td>1.19</td>
<td>1.24</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>1.21</td>
<td>1.07</td>
<td>1.21</td>
<td>1.17</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>12.0%</td>
<td>-1.0%</td>
<td>-4.0%</td>
<td>-6.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729275364_0.png" alt="eps graph" /></p>
<h3>Market Performance of Enterprise Finl Servs's Stock</h3>
<p>Shares of Enterprise Finl Servs were trading at $53.85 as of October 17. Over the last 52-week period, shares are up 48.98%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/EFSC/earnings"><strong>To track all earnings releases for Enterprise Finl Servs visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


EFSC

Preview: Enterprise Finl Servs's Earnings

<p>Financial giants have made a conspicuous bullish move on Meta Platforms. Our analysis of options history for Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) revealed 200 unusual trades.</p>
<p>Delving into the details, we found 49% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 36 were puts, with a value of $4,156,987, and 164 were calls, valued at $10,856,448.</p>
<h3>Projected Price Targets</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $60.0 to $710.0 for Meta Platforms over the last 3 months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Meta Platforms's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Meta Platforms's whale trades within a strike price range from $60.0 to $710.0 in the last 30 days. </p>
<h3>Meta Platforms Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729275360_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>META</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$45.2</td>
<td>$45.0</td>
<td>$45.0</td>
<td>$600.00</td>
<td>$450.0K</td>
<td>614</td>
<td style="text-align: right;">119</td>
</tr>
<tr>
<td>META</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$40.45</td>
<td>$40.1</td>
<td>$40.3</td>
<td>$600.00</td>
<td>$161.2K</td>
<td>1.1K</td>
<td style="text-align: right;">74</td>
</tr>
<tr>
<td>META</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$101.8</td>
<td>$101.25</td>
<td>$101.56</td>
<td>$510.00</td>
<td>$101.5K</td>
<td>341</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>META</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$85.4</td>
<td>$85.25</td>
<td>$85.4</td>
<td>$500.00</td>
<td>$85.4K</td>
<td>2.1K</td>
<td style="text-align: right;">15</td>
</tr>
<tr>
<td>META</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$423.4</td>
<td>$423.05</td>
<td>$423.4</td>
<td>$165.00</td>
<td>$84.6K</td>
<td>42</td>
<td style="text-align: right;">34</td>
</tr>
</tbody>
</table>
</p>
<h3>About Meta Platforms</h3>
<p>Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.</p>
<h3>Current Position of Meta Platforms</h3>
<ul>
<li>With a volume of 4,447,097, the price of META is up 0.38% at $579.1. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 12 days.</li>
</ul>
<h3>What The Experts Say On Meta Platforms</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $646.6.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Stifel has decided to maintain their Buy rating on Meta Platforms, which currently sits at a price target of $663.<br />
&#x2A; An analyst from Baird has decided to maintain their Outperform rating on Meta Platforms, which currently sits at a price target of $605.<br />
&#x2A; An analyst from Citigroup has decided to maintain their Buy rating on Meta Platforms, which currently sits at a price target of $645.<br />
&#x2A; Maintaining their stance, an analyst from Mizuho continues to hold a Outperform rating for Meta Platforms, targeting a price of $650.<br />
&#x2A; An analyst from Cantor Fitzgerald has revised its rating downward to Overweight, adjusting the price target to $670. </p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Meta Platforms options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Options

Markets

Smart Money Is Betting Big In META Options

<p>Deep-pocketed investors have adopted a bullish approach towards Unity Software (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in U usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 12 extraordinary options activities for Unity Software. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 58% leaning bullish and 33% bearish. Among these notable options, 6 are puts, totaling $333,165, and 6 are calls, amounting to $216,458.</p>
<h3>Projected Price Targets</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $20.0 and $30.0 for Unity Software, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Unity Software's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Unity Software's substantial trades, within a strike price spectrum from $20.0 to $30.0 over the preceding 30 days.</p>
<h3>Unity Software 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729275355_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>U</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$7.05</td>
<td>$6.95</td>
<td>$6.95</td>
<td>$28.00</td>
<td>$107.7K</td>
<td>598</td>
<td style="text-align: right;">156</td>
</tr>
<tr>
<td>U</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$8.85</td>
<td>$8.75</td>
<td>$8.75</td>
<td>$30.00</td>
<td>$64.7K</td>
<td>400</td>
<td style="text-align: right;">76</td>
</tr>
<tr>
<td>U</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$8.85</td>
<td>$8.75</td>
<td>$8.75</td>
<td>$30.00</td>
<td>$63.0K</td>
<td>400</td>
<td style="text-align: right;">80</td>
</tr>
<tr>
<td>U</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$4.35</td>
<td>$4.2</td>
<td>$4.2</td>
<td>$22.00</td>
<td>$48.7K</td>
<td>266</td>
<td style="text-align: right;">235</td>
</tr>
<tr>
<td>U</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$2.13</td>
<td>$1.9</td>
<td>$1.9</td>
<td>$20.00</td>
<td>$47.5K</td>
<td>12.4K</td>
<td style="text-align: right;">352</td>
</tr>
</tbody>
</table>
</p>
<h3>About Unity Software</h3>
<p>Unity Software Inc provides a software platform for creating and operating interactive, real-time 3D content. The platform can be used to create, run, and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The business is spread across the United States, Greater China, EMEA, APAC, and Other Americas, of which key revenue is derived from the EMEA region. The products are used in the gaming industry, architecture and construction sector, animation industry, and designing sector.</p>
<p>Following our analysis of the options activities associated with Unity Software, we pivot to a closer look at the company's own performance.</p>
<h3>Present Market Standing of Unity Software</h3>
<ul>
<li>With a volume of 4,509,151, the price of U is up 3.53% at $22.02. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 20 days.</li>
</ul>
<h3>What Analysts Are Saying About Unity Software</h3>
<p>In the last month, 1 experts released ratings on this stock with an average target price of $20.0.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; Maintaining their stance, an analyst from UBS continues to hold a Neutral rating for Unity Software, targeting a price of $20. </p>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Unity Software, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Unity Software's Options: A Look at What the Big Money is Thinking

<p><strong>WR Berkley</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRB#NYSE">WRB</a>) is set to give its latest quarterly earnings report on Monday, 2024-10-21. Here's what investors need to know before the announcement.</p>
<p>Analysts estimate that WR Berkley will report an <strong>earnings per share</strong> (EPS) of $0.95. </p>
<p>The announcement from WR Berkley is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.</p>
<p>It's worth noting for new investors that guidance can be a key determinant of stock price movements.</p>
<h3>Overview of Past Earnings</h3>
<p>Last quarter the company beat EPS by $0.12, which was followed by a 0.75% increase in the share price the next day.</p>
<p>Here's a look at WR Berkley's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.92</td>
<td>0.96</td>
<td>0.92</td>
<td>0.79</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>1.04</td>
<td>1.04</td>
<td>0.97</td>
<td>0.90</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>1.0%</td>
<td>-2.0%</td>
<td>7.000000000000001%</td>
<td>6.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729275354_0.png" alt="eps graph" /></p>
<h3>WR Berkley Share Price Analysis</h3>
<p>Shares of WR Berkley were trading at $61.04 as of October 17. Over the last 52-week period, shares are up 46.47%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/WRB/earnings"><strong>To track all earnings releases for WR Berkley visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Earnings Outlook For WR Berkley

<p>U.S. stocks traded mostly higher toward the end of trading, with the Nasdaq Composite gaining over 100 points on Friday.</p>
<p>The Dow traded up 0.04% to 43,258.31 while the NASDAQ rose 0.67% to 18,496.61. The S&amp;P 500 also rose, gaining, 0.40% to 5,865.01.</p>
<p>Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41377157/top-3-risk-off-stocks-which-could-rescue-your-portfolio-this-quarter">Top 3 Risk Off Stocks Which Could Rescue Your Portfolio This Quarter</a></p>
<p><strong>Leading and Lagging Sectors</strong><br /><br />Communication services shares jumped by 1% on Friday.</p>
<p>In trading on Friday, energy shares fell by 0.5%.</p>
<p><strong>Top Headline</strong></p>
<p><strong>Schlumberger N.V.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) reported mixed third-quarter results.</p>
<p>Revenue grew 10.2% year over year to $9.159 billion, missing the consensus of $9.25 billion. Adjusted EPS increased 14% to 89 cents, above the consensus of 88 cents.</p>
<p><strong>Equities Trading UP</strong><br />&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<ul>
<li><strong>United States Cellular Corporation </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USM#NYSE">USM</a>) shares shot up 7% to $62.56 after the company announced the sale of a portion of its retained spectrum licenses to Verizon for $1 billion.</li>
<li>Shares of <strong>Bright Minds Biosciences Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRUG#NASDAQ">DRUG</a>) got a boost, surging 159% to $56.25. The company announced a $35 million non-brokered private placement.</li>
<li><strong>SOBR Safe, Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOBR#NASDAQ">SOBR</a>) shares were also up, gaining 27% to $10.10 after the company announced it filed a form RW and will not pursue a public offering at this time.</li>
</ul>
<p><strong>Equities Trading DOWN</strong></p>
<ul>
<li><strong>MGP Ingredients, Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGPI#NASDAQ">MGPI</a>) shares dropped 25% to $60.96 after the company issued soft preliminary guidance and lowered its 2024 financial outlook.</li>
<li>Shares of <strong>Lilium N.V. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LILM#NASDAQ">LILM</a>) were down 15% to $0.4917. On Thursday, Canaccord Genuity downgraded the stock from Buy to Hold and cut its price target from $1.85 to $0.70.</li>
<li><strong>CVS Health Corporation </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>) was down, falling 6% to $59.83 after the company cut its third-quarter outlook.</li>
</ul>
<p><strong>Commodities</strong><br /><br />In commodity news, oil traded down 1.5% to $69.62 while gold traded up 0.9% at $2,731.20.</p>
<p>Silver traded up 4.9% to $33.325 on Friday, while copper rose 1.5% to $4.3880.</p>
<p><strong>Euro zone</strong></p>
<p>European shares closed mostly higher today. The eurozone's STOXX 600 rose 0.21%, Germany's DAX rose 0.38% and France's CAC 40 climbed 0.39%. Spain's IBEX 35 Index rose 0.17%, while London's FTSE 100 fell 0.32%.</p>
<p>Construction output in the Eurozone fell by 2.5% year-over-year in August compared to a revised 2.3% decline in the previous month. The current account surplus in the Eurozone increased to €35.2 billion in August from €26.8 billion in the year-ago period.</p>
<p><strong>Asia Pacific Markets</strong></p>
<p>Asian markets closed higher on Friday, with Japan's Nikkei 225 gaining 0.18%, Hong Kong's Hang Seng Index climbing 3.61%, China's Shanghai Composite Index gaining 2.91% and India's BSE Sensex gaining 0.27%.</p>
<p><strong>Economics</strong></p>
<ul>
<li>U.S. housing starts fell by 0.5% from the previous month to an annualized rate of 1.354 million units in September.</li>
<li>Building permits declined by 2.9% to an annual rate of 1.428 million in September.</li>
<li>The total number of active U.S. oil rigs rose by one to 482 rigs this week, Baker Hughes Inc reported.</li>
</ul>
<p><strong>Now Read This: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41402086/wall-streets-most-accurate-analysts-give-their-take-on-3-financials-stocks-delivering-hi">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Financials Stocks Delivering High-Dividend Yields</a></strong></li>
</ul>


DRUG

LILM

MGPI

SOBR

Nasdaq Surges Over 100 Points; Schlumberger Reports Mixed Q3 Result

<p>Deep-pocketed investors have adopted a bullish approach towards DraftKings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DKNG usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for DraftKings. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 63% leaning bullish and 36% bearish. Among these notable options, 2 are puts, totaling $100,412, and 9 are calls, amounting to $342,492.</p>
<h3>Projected Price Targets</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $35.0 to $55.0 for DraftKings over the recent three months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of DraftKings stands at 4090.89, with a total volume reaching 7,165.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in DraftKings, situated within the strike price corridor from $35.0 to $55.0, throughout the last 30 days.</p>
<h3>DraftKings Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729275350_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>DKNG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$1.12</td>
<td>$1.11</td>
<td>$1.12</td>
<td>$35.00</td>
<td>$68.5K</td>
<td>3.8K</td>
<td>727</td>
</tr>
<tr>
<td>DKNG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$0.76</td>
<td>$0.73</td>
<td>$0.76</td>
<td>$45.00</td>
<td>$53.1K</td>
<td>13.9K</td>
<td>1.9K</td>
</tr>
<tr>
<td>DKNG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$6.35</td>
<td>$5.0</td>
<td>$5.25</td>
<td>$55.00</td>
<td>$40.4K</td>
<td>2.1K</td>
<td>152</td>
</tr>
<tr>
<td>DKNG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$4.05</td>
<td>$3.95</td>
<td>$3.98</td>
<td>$35.00</td>
<td>$39.8K</td>
<td>1.9K</td>
<td>201</td>
</tr>
<tr>
<td>DKNG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$5.3</td>
<td>$5.05</td>
<td>$5.25</td>
<td>$55.00</td>
<td>$39.3K</td>
<td>2.1K</td>
<td>75</td>
</tr>
</tbody>
</table>
</p>
<h3>About DraftKings</h3>
<p>DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online or retail sports betting in 27 states and iGaming in seven states, with both products available to around 40% of Canada's population. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.</p>
<p>After a thorough review of the options trading surrounding DraftKings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>DraftKings's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 5,686,772, the DKNG's price is up by 2.29%, now at $38.51. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 20 days.</li>
</ul>
<h3>What The Experts Say On DraftKings</h3>
<p>5 market experts have recently issued ratings for this stock, with a consensus target price of $50.2.</p>
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<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Wells Fargo has decided to maintain their Overweight rating on DraftKings, which currently sits at a price target of $52.<br />
&#x2A; Maintaining their stance, an analyst from Mizuho continues to hold a Outperform rating for DraftKings, targeting a price of $62.<br />
&#x2A; Reflecting concerns, an analyst from Benchmark lowers its rating to Buy with a new price target of $44.<br />
&#x2A; An analyst from BMO Capital downgraded its action to Outperform with a price target of $48.<br />
&#x2A; An analyst from Barclays persists with their Overweight rating on DraftKings, maintaining a target price of $45. </p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest DraftKings options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


DKNG

Spotlight on DraftKings: Analyzing the Surge in Options Activity

<p>Cathay General (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CATY#NASDAQ">CATY</a>) is preparing to release its quarterly earnings on Monday, 2024-10-21. Here's a brief overview of what investors should keep in mind before the announcement.</p>
<p>Analysts expect Cathay General to report an <strong>earnings per share</strong> (EPS) of $0.95.</p>
<p>Anticipation surrounds Cathay General's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.</p>
<p>New investors should understand that while earnings performance is important, market reactions are often driven by guidance.</p>
<h3>Overview of Past Earnings</h3>
<p>During the last quarter, the company reported an EPS beat by $0.02, leading to a 0.65% increase in the share price on the subsequent day.</p>
<p>Here's a look at Cathay General's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.94</td>
<td>0.98</td>
<td>1.06</td>
<td>1.10</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.96</td>
<td>0.98</td>
<td>1.25</td>
<td>1.13</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>1.0%</td>
<td>-5.0%</td>
<td>-2.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729275320_0.png" alt="eps graph" /></p>
<h3>Stock Performance</h3>
<p>Shares of Cathay General were trading at $46.61 as of October 17. Over the last 52-week period, shares are up 38.67%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/CATY/earnings"><strong>To track all earnings releases for Cathay General visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


CATY

An Overview of Cathay General's Earnings

<p>Selective Insurance Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIGI#NASDAQ">SIGI</a>) will release its quarterly earnings report on Monday, 2024-10-21. Here's a brief overview for investors ahead of the announcement.</p>
<p>Analysts anticipate Selective Insurance Gr to report an <strong>earnings per share</strong> (EPS) of $1.65.</p>
<p>Selective Insurance Gr bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company missed EPS by $2.58, which was followed by a 18.18% drop in the share price the next day.</p>
<p>Here's a look at Selective Insurance Gr's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>1.48</td>
<td>1.84</td>
<td>1.94</td>
<td>1.59</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>-1.10</td>
<td>1.33</td>
<td>1.94</td>
<td>1.51</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-18.0%</td>
<td>-6.0%</td>
<td>-8.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729275305_0.png" alt="eps graph" /></p>
<h3>Stock Performance</h3>
<p>Shares of Selective Insurance Gr were trading at $98.89 as of October 17. Over the last 52-week period, shares are down 3.78%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/SIGI/earnings"><strong>To track all earnings releases for Selective Insurance Gr visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


SIGI

Selective Insurance Gr's Earnings: A Preview

<p>Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) will release its quarterly earnings report on Monday, 2024-10-21. Here's a brief overview for investors ahead of the announcement.</p>
<p>Analysts anticipate Nucor to report an <strong>earnings per share</strong> (EPS) of $1.49.</p>
<p>Investors in Nucor are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.</p>
<p>It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.</p>
<h3>Earnings Track Record</h3>
<p>During the last quarter, the company reported an EPS beat by $0.33, leading to a 1.1% drop in the share price on the subsequent day.</p>
<p>Here's a look at Nucor's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>2.35</td>
<td>3.65</td>
<td>2.87</td>
<td>4.25</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>2.68</td>
<td>3.46</td>
<td>3.16</td>
<td>4.57</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-1.0%</td>
<td>-9.0%</td>
<td>7.000000000000001%</td>
<td>5.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729275288_0.png" alt="eps graph" /></p>
<h3>Performance of Nucor Shares</h3>
<p>Shares of Nucor were trading at $158.09 as of October 17. Over the last 52-week period, shares are up 12.65%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<h3>Analyst Opinions on Nucor</h3>
<p>For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Nucor.</p>
<p>Nucor has received a total of 5 ratings from analysts, with the consensus rating as Outperform. With an average one-year price target of $170.0, the consensus suggests a potential 7.53% upside.</p>
<h3>Comparing Ratings with Competitors</h3>
<p>This comparison focuses on the analyst ratings and average 1-year price targets of Steel Dynamics, Reliance and United States Steel, three major players in the industry, shedding light on their relative performance expectations and market positioning.</p>
<ul>
<li>The prevailing sentiment among analysts is an Neutral trajectory for Steel Dynamics, with an average 1-year price target of $136.82, implying a potential 13.45% downside.</li>
<li>Reliance received a Outperform consensus from analysts, with an average 1-year price target of $325.0, implying a potential 105.58% upside.</li>
<li>United States Steel received a Buy consensus from analysts, with an average 1-year price target of $42.64, implying a potential 73.03% downside.</li>
</ul>
<h3>Comprehensive Peer Analysis Summary</h3>
<p>The peer analysis summary offers a detailed examination of key metrics for Steel Dynamics, Reliance and United States Steel, providing valuable insights into their respective standings within the industry and their market positions and comparative performance.</p>
<p>
<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nucor</td>
<td>Outperform</td>
<td>-15.18%</td>
<td>$1.19B</td>
<td>3.10%</td>
</tr>
<tr>
<td>Steel Dynamics</td>
<td>Neutral</td>
<td>-6.28%</td>
<td>$774.84M</td>
<td>3.49%</td>
</tr>
<tr>
<td>Reliance</td>
<td>Outperform</td>
<td>-6.11%</td>
<td>$1.09B</td>
<td>3.44%</td>
</tr>
<tr>
<td>United States Steel</td>
<td>Buy</td>
<td>-17.77%</td>
<td>$489M</td>
<td>1.62%</td>
</tr>
</tbody>
</table>
</p>
<p>Key Takeaway:</p>
<p>Nucor ranks highest in gross profit among its peers. However, it ranks lowest in revenue growth and return on equity. Overall, Nucor's performance is mixed compared to its peers.</p>
<h3>Delving into Nucor's Background</h3>
<p>Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.</p>
<h3>Breaking Down Nucor's Financial Performance</h3>
<p><strong>Market Capitalization:</strong> Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.</p>
<p><strong>Revenue Challenges:</strong> Nucor's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately <strong>-15.18%</strong>. This indicates a decrease in 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 Materials sector.</p>
<p><strong>Net Margin:</strong> Nucor's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>7.95%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of <strong>3.1%,</strong> the company showcases effective utilization of equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of <strong>1.89%,</strong> the company showcases effective utilization of assets.</p>
<p><strong>Debt Management:</strong> With a below-average debt-to-equity ratio of <strong>0.33</strong>, Nucor adopts a prudent financial strategy, indicating a balanced approach to debt management.</p>
<p><a href="https://www.benzinga.com/quote/NUE/earnings"><strong>To track all earnings releases for Nucor visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Uncovering Potential: Nucor's Earnings Preview

<p>Wintrust Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTFC#NASDAQ">WTFC</a>) will release its quarterly earnings report on Monday, 2024-10-21. Here's a brief overview for investors ahead of the announcement.</p>
<p>Analysts anticipate Wintrust Finl to report an <strong>earnings per share</strong> (EPS) of $2.51.</p>
<p>Investors in Wintrust Finl are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.</p>
<p>It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.</p>
<h3>Historical Earnings Performance</h3>
<p>The company's EPS missed by $0.10 in the last quarter, leading to a 4.98% drop in the share price on the following day.</p>
<p>Here's a look at Wintrust Finl's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>2.42</td>
<td>2.42</td>
<td>2.49</td>
<td>2.41</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>2.32</td>
<td>2.89</td>
<td>2.40</td>
<td>2.53</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-5.0%</td>
<td>0.0%</td>
<td>3.0%</td>
<td>0.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729275276_0.png" alt="eps graph" /></p>
<h3>Wintrust Finl Share Price Analysis</h3>
<p>Shares of Wintrust Finl were trading at $117.01 as of October 17. Over the last 52-week period, shares are up 56.66%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/WTFC/earnings"><strong>To track all earnings releases for Wintrust Finl visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


WTFC

A Preview Of Wintrust Finl's Earnings

<p>Cathay General (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CATY#NASDAQ">CATY</a>) is preparing to release its quarterly earnings on Monday, 2024-10-21. Here's a brief overview of what investors should keep in mind before the announcement.</p>
<p>Analysts expect Cathay General to report an <strong>earnings per share</strong> (EPS) of $0.95.</p>
<p>The announcement from Cathay General is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.</p>
<p>It's worth noting for new investors that guidance can be a key determinant of stock price movements.</p>
<h3>Earnings History Snapshot</h3>
<p>The company's EPS beat by $0.02 in the last quarter, leading to a 0.65% increase in the share price on the following day.</p>
<p>Here's a look at Cathay General's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.94</td>
<td>0.98</td>
<td>1.06</td>
<td>1.10</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.96</td>
<td>0.98</td>
<td>1.25</td>
<td>1.13</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>1.0%</td>
<td>-5.0%</td>
<td>-2.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729275266_0.png" alt="eps graph" /></p>
<h3>Tracking Cathay General's Stock Performance</h3>
<p>Shares of Cathay General were trading at $46.61 as of October 17. Over the last 52-week period, shares are up 38.73%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/CATY/earnings"><strong>To track all earnings releases for Cathay General visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


A Glimpse of Cathay General's Earnings Potential

<p>Selective Insurance Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIGI#NASDAQ">SIGI</a>) will release its quarterly earnings report on Monday, 2024-10-21. Here's a brief overview for investors ahead of the announcement.</p>
<p>Analysts anticipate Selective Insurance Gr to report an <strong>earnings per share</strong> (EPS) of $1.65.</p>
<p>The market awaits Selective Insurance Gr's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.</p>
<p>It's important for new investors to understand that guidance can be a significant driver of stock prices.</p>
<h3>Earnings Track Record</h3>
<p>The company's EPS missed by $2.58 in the last quarter, leading to a 18.18% drop in the share price on the following day.</p>
<p>Here's a look at Selective Insurance Gr's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>1.48</td>
<td>1.84</td>
<td>1.94</td>
<td>1.59</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>-1.10</td>
<td>1.33</td>
<td>1.94</td>
<td>1.51</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-18.0%</td>
<td>-6.0%</td>
<td>-8.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729275247_0.png" alt="eps graph" /></p>
<h3>Stock Performance</h3>
<p>Shares of Selective Insurance Gr were trading at $98.89 as of October 17. Over the last 52-week period, shares are down 3.61%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/SIGI/earnings"><strong>To track all earnings releases for Selective Insurance Gr visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


A Look at Selective Insurance Gr's Upcoming Earnings Report

<p>Wells Fargo  analyst Eric Luebchow   maintains Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) with a Equal-Weight and raises the price target from $100 to $105.</p>


News

Price Target

Analyst Ratings

Wells Fargo Maintains Equal-Weight on Crown Castle, Raises Price Target to $105

<p>Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) is preparing to release its quarterly earnings on Monday, 2024-10-21. Here's a brief overview of what investors should keep in mind before the announcement.</p>
<p>Analysts expect Nucor to report an <strong>earnings per share</strong> (EPS) of $1.49.</p>
<p>Nucor bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Past Earnings Performance</h3>
<p>The company's EPS beat by $0.33 in the last quarter, leading to a 1.1% drop in the share price on the following day.</p>
<p>Here's a look at Nucor's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>2.35</td>
<td>3.65</td>
<td>2.87</td>
<td>4.25</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>2.68</td>
<td>3.46</td>
<td>3.16</td>
<td>4.57</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-1.0%</td>
<td>-9.0%</td>
<td>7.000000000000001%</td>
<td>5.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729275211_0.png" alt="eps graph" /></p>
<h3>Tracking Nucor's Stock Performance</h3>
<p>Shares of Nucor were trading at $158.09 as of October 17. Over the last 52-week period, shares are up 12.58%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<h3>Analysts' Perspectives on Nucor</h3>
<p>For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Nucor.</p>
<p>The consensus rating for Nucor is Outperform, based on 5 analyst ratings. With an average one-year price target of $170.0, there's a potential 7.53% upside.</p>
<h3>Analyzing Ratings Among Peers</h3>
<p>In this comparison, we explore the analyst ratings and average 1-year price targets of Steel Dynamics, Reliance and United States Steel, three prominent industry players, offering insights into their relative performance expectations and market positioning.</p>
<ul>
<li>Analysts currently favor an Neutral trajectory for Steel Dynamics, with an average 1-year price target of $136.82, suggesting a potential 13.45% downside.</li>
<li>The consensus among analysts is an Outperform trajectory for Reliance, with an average 1-year price target of $325.0, indicating a potential 105.58% upside.</li>
<li>The prevailing sentiment among analysts is an Buy trajectory for United States Steel, with an average 1-year price target of $42.64, implying a potential 73.03% downside.</li>
</ul>
<h3>Summary of Peers Analysis</h3>
<p>The peer analysis summary provides a snapshot of key metrics for Steel Dynamics, Reliance and United States Steel, illuminating their respective standings within the industry. These metrics offer valuable insights into their market positions and comparative performance.</p>
<p>
<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nucor</td>
<td>Outperform</td>
<td>-15.18%</td>
<td>$1.19B</td>
<td>3.10%</td>
</tr>
<tr>
<td>Steel Dynamics</td>
<td>Neutral</td>
<td>-6.28%</td>
<td>$774.84M</td>
<td>3.49%</td>
</tr>
<tr>
<td>Reliance</td>
<td>Outperform</td>
<td>-6.11%</td>
<td>$1.09B</td>
<td>3.44%</td>
</tr>
<tr>
<td>United States Steel</td>
<td>Buy</td>
<td>-17.77%</td>
<td>$489M</td>
<td>1.62%</td>
</tr>
</tbody>
</table>
</p>
<p>Key Takeaway:</p>
<p>Nucor ranks at the top for Gross Profit and Return on Equity among its peers. However, it ranks at the bottom for Revenue Growth.</p>
<h3>About Nucor</h3>
<p>Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.</p>
<h3>A Deep Dive into Nucor's Financials</h3>
<p><strong>Market Capitalization Analysis:</strong> Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.</p>
<p><strong>Negative Revenue Trend:</strong> Examining Nucor's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately <strong>-15.18%</strong> in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Materials sector.</p>
<p><strong>Net Margin:</strong> Nucor's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>7.95%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Nucor's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of <strong>3.1%,</strong> the company showcases efficient use of equity capital and strong financial health.</p>
<p><strong>Return on Assets (ROA):</strong> Nucor's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of <strong>1.89%,</strong> the company showcases efficient use of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at <strong>0.33</strong>.</p>
<p><a href="https://www.benzinga.com/quote/NUE/earnings"><strong>To track all earnings releases for Nucor visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


A Peek at Nucor's Future Earnings

<p><strong>Tandem Diabetes Care, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tndm#NASDAQ">TNDM</a>) has been on a downward spiral lately with significant selling pressure. After declining 21.7% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.</p>
<h3>How To Determine If A&nbsp;Stock Is Oversold</h3>
<p>We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements.</p>
<p>RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30.</p>
<p>Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock&#39;s price is reaching a point of reversal.</p>
<p>So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefitting from the inevitable rebound.</p>
<p>However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision.</p>
<h3>Why TNDM Could Bounce Back Before Long</h3>
<p>The RSI reading of 29.87 for TNDM is an indication that the heavy selling could be in the process of exhausting itself, so the stock could bounce back in a quest for reaching the old equilibrium of supply and demand.</p>
<p><img alt="3-month RSI Chart for TNDM" class="chart" src="https://staticx-tuner.zacks.com/images/articles/charts/yseop/544/TNDM_RCI14.jpeg" style="width:624px" title="" /></p>
<p>The RSI value is not the only factor that indicates a potential turnaround for the stock in the near term. On the fundamental side, there has been strong agreement among the sell-side analysts covering the stock in raising earnings estimates for the current year. Over the last 30 days, the consensus EPS estimate for TNDM has increased 0.1%. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term.</p>
<p><a href="https://www.zacks.com/stock/news/2353052/down-21-69-in-4-weeks-here-s-why-tandem-diabetes-care-tndm-looks-ripe-for-a-turnaround?cid=CS-BENZ-FT-tale_of_the_tape|rsi-2353052">To read this article on Zacks.com click here.</a></p>


Health Care

Trading Ideas

General

TNDM

Down -21.69% In 4 Weeks, Here's Why Tandem Diabetes Care Looks Ripe For A Turnaround

<p>Wells Fargo  analyst Donald Fandetti   maintains Discover Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>) with a Equal-Weight and raises the price target from $152 to $160.</p>


Wells Fargo Maintains Equal-Weight on Discover Finl, Raises Price Target to $160

<p>Wells Fargo  analyst Mike Mayo   maintains M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) with a Underweight and raises the price target from $165 to $190.</p>


Wells Fargo Maintains Underweight on M&T Bank, Raises Price Target to $190

<p>"Cannabis vaping is very different from nicotine vaping; it should be subject to different rules and restrictions." That's according to <strong>Steven Przybyia,</strong> chief legal officer at <strong>Ispire Technology Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISPR#NASDAQ">ISPR</a>), who joined three other experts on the stage in Chicago at the <a href="https://www.benzinga.com/events/cannabis-conference/"><strong>Benzinga Cannabis Capital Conference</strong></a>. Yet, Przybyia says applying nicotine industry technologies to cannabis for enhanced safety measures, including age-gating technology, is a viable option.</p>
<p>During the conference panel, moderated by <strong>Shauntel Ludwig,</strong> CEO of <strong>Synergy Innovation</strong>, experts provided an overview of trends and innovations in the cannabis vaporization space. <strong>Tim Conder, </strong>CEO of <strong>TILT Holdings Inc.</strong> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TLLTF#OTC">TLLTF</a>),<strong> Alex Kwon, </strong>CEO and founder of <strong>ACTIVE</strong>, <a href="https://www.benzinga.com/markets/cannabis/24/04/38417419/new-name-same-quality-cannabis-vapor-tech-leader-avd-rebrands-as-active">formerly</a> <strong>Advanced Vapor Devices</strong> and <strong>Nicholas Kovacevich</strong>, strategic advisor at <strong>CCELL </strong>also joined the panel titled &#8220;Vape Innovation Masterclass: Cost-Effective, Quality Tech for a Global Market.&#8221; </p>
<p>Panelists highlighted the importance of consumer focus, investment in research and development (R&amp;D) sector and the integration of safety measures, positioning these elements as foundational for sustainable growth in the industry.</p>
<p><strong>Read Also:</strong> <strong><a href="https://www.benzinga.com/markets/cannabis/24/10/41297836/exclusive-tracking-every-cannabis-deal-is-a-lot-of-fun-says-financial-expert-behind-essential-in">EXCLUSIVE: Tracking Every Cannabis Deal Is &#8216;A Lot Of Fun,&#8217; Says Financial Expert Behind Essential Investor Tool</a></strong></p>
<h3 class="wp-block-heading">The Importance Of Consumer Safety</h3>
<p>Przybyia shed light on age-gating technology illustrating the growing emphasis on safety within the industry.</p>
<p>He spoke about the development of a Bluetooth-enabled age-gating system that biometrically verifies user age before allowing device activation. Przybyia highlighted the potential of this technology for public health, linking it to regulatory challenges in the nicotine market and demonstrating how similar strategies can be adapted for cannabis.</p>
<p>"This is a technology that we&#8217;re using from the nicotine space that we think has a lot of application from a safety, from a public health perspective in the cannabis space," Przybyia said. "If you want to sell lawfully, in the U.S, you need to show that youth access is restricted."</p>
<p>Przybyia also touched on the vaping industry association called <strong>VapeSAFER</strong>. The initiative focuses on self-regulation and establishing quality standards within the vapor industry to combat low-quality products entering the market and advocate for tailored regulations.</p>
<ul>
<li><strong><em>Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.</em></strong></li>
</ul>
<p>"We want to promulgate our own standards," he said. "We want to self-police ourselves. We want to actively engage with trade groups, associations Regulators and the FDA."</p>
<p>That said, ACTIVE&#8217;s Kwon highlighted the importance of standardized testing and understanding product ingredients to ensure safety and quality. He added that the cannabis vaping industry should not be overshadowed by regulations designed for nicotine products.</p>
<p>"We probably don&#8217;t want e-cigarettes, big tobacco blanketing the regulations around cannabis," Kwon said. </p>
<p>The cannabis vapor industry needs to ensure to be "at the seated table when a regulatory change is there because the sensible policy is going to be super important to make sure that there is a constant sustainable future for all the hard work that all the companies..because it&#8217;s a massive category that I think it&#8217;s just too important of a topic where we just kind of let Others kind of dictate," Kwon said.</p>
<h3 class="wp-block-heading">Innovation As Competitive Edge</h3>
<p>All panelists agreed that continuous innovation is a key to success in the rapidly evolving cannabis industry.</p>
<p>TILT&#8217;s Konder said brands must leverage unique product features to attract consumers' interest and loyalty. </p>
<p>"Innovation for us is paramount and it&#8217;s become paramount for brands not just over the past several years, but right now today to differentiate in the market," he said. "Innovation is how a brand can stand apart from its competitors on the Shelf and really sort of earn a place in consumer&#8217;s hearts."</p>
<p>CCELL&#8217;s Kovacevich emphasized CCELL&#8217;s commitment to research, adding that it's necessary to invest in R&amp;D substantially to push the boundaries of what's possible in vaporization technology.</p>
<p>He also recalled navigating the vape crisis of 2019, where he faced challenges in an attempt to raise funds due to public health concerns.</p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong>EXCLUSIVE: <a href="https://www.benzinga.com/markets/cannabis/24/10/41317886/exclusive-emotional-connection-with-consumers-is-secret-sauce-for-any-brand-to-prosper-its-same-">Emotional Connection With Consumers Is Secret Sauce For Any Brand To Prosper, It&#8217;s Same With Cannabis, Experts Say</a></strong></li>
</ul>


Cannabis

Events

Exclusives

ISPR

TLLTF

EXCLUSIVE: What It Takes To Thrive In Cannabis Vape Space - Lessons Learned From Industry Trailblazers

WIIM

Vicinity Motor Corp shares are trading lower after the company announced PricewaterhouseCoopers resigned as its auditor and expects the BC Securities Commission will cease the trading of its common stock by Monday, October 21.

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