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

CrowdStrike Holdings (NASDAQ:CRWD) Azioni, Report sulle vendite allo scoperto

CrowdStrike Holdings

CrowdStrike is a cloud-based cybersecurity company specializing in next-generation security verticals such as endpoint, cloud workload, identity, and security operations. CrowdStrike's primary offering is its Falcon platform that offers a proverbial single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The Texas-based firm was founded in 2011 and went public in 2019.

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CRWD

Malcolm Ethridge suggerisce che ora è il momento migliore per investire in CrowdStrike nonostante le recenti difficoltà aziendali.

CrowdStrike: è il miglior momento per investire?

CrowdStrike Holdings, Inc. - Class A Common Stock

CrowdStrike Holdings Inc

CROWDSTRIKE HOLDINGS CL A ORD

Barclays analyst Julien Roch maintains Interpublic Gr of Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPG#NYSE">IPG</a>) with a Equal-Weight and lowers the price target from $34 to $32.5.

Price Target

Analyst Ratings

Barclays Maintains Equal-Weight on Interpublic Gr of Cos, Lowers Price Target to $32.5

As we near the end of what has been a fairly solid Q3 for the equity markets, we are left with the eternal question for investors: &ldquo;What&rsquo;s next?&rdquo;
We now have the Fed&rsquo;s first rate cut in the rearview mirror, with multiple rate cuts expected into early 2025.&nbsp;We also have a highly contested election season, a rapidly escalating situation in the Middle East, and earnings season which is only a couple weeks away.
The beauty of technical analysis is that price action should compensate for investor expectations for all of the above.&nbsp;If investors are excited, nervous, euphoric, despondent, or anywhere in between, the interplay between buyers and sellers can tell us a great deal about investor sentiment.
With that in mind, here are some of the individual stock charts I&rsquo;ll be watching as we transition into the fourth quarter.
<h3>Comcast Corp.</h3>
As I reviewed hundreds of charts to eventually settle in on just ten to review, I was struck by the fact that five out of the ten are in the same sector: Communication Services.&nbsp;From Magnificent 7 names to old telecoms, there are plenty of improving charts in this sector.
<img alt="" src="https://www.benzinga.com/files/u1465983/cmcsa_2024-09-27.png" style="height:312px; width:624px" />
While many stocks could be considered overextended after this week, Comcast (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cmcsa#NASDAQ">CMCSA</a>) is definitely not one of the them.&nbsp;This chart features a classic rotation from a distribution phase (lower highs and lower lows), through a consolidation phase (even highs and lows), into a new accumulation phase (higher highs and higher lows).
This week, CMCSA finally pushed back above its 200-day moving average, as well as the previous peak from mid-July.&nbsp;If this stock can follow through above the $42 level, we could easily see a retest of the January 2024 peak around $46 and beyond.
<h3>Meta Platforms, Inc.</h3>
One of the key questions for October is whether the market will remain strong despite the normal seasonal weakness around this time of year.&nbsp;Meta Platforms, Inc.&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meta#NASDAQ">META</a>)&nbsp;may be the best chart to watch to determine whether our benchmarks will remain in a bullish phase.
<img alt="" src="https://www.benzinga.com/files/u1465983/meta_2024-09-27.png" style="height:312px; width:624px" />
Meta has tested resistance in the $520 to $540 range since first arriving at these levels in March, and a couple weeks ago that level was finally eclipsed.&nbsp;Any time a stock breaks above a well-established resistance level, I want to see it hold that breakout point on any subsequent pullbacks.
META ended the week in an overbought condition, with the RSI remaining above 70.&nbsp;This often suggests a pullback is imminent, particularly when the RSI dips back below this overbought level.&nbsp;Will Meta Platforms hold $520 as well as the 50-day moving average on a pullback? If so, then this bull market could see unusual strength in arguably the weakest of the 12 months from a seasonal perspective.
<h3>V.F.Corp</h3>
Next is V.F. Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vfc#NYSE">VFC</a>), my first selection outside of the Communication Services sector.&nbsp;This producer of apparel and footwear brands, including Timberland and The North Face, has entered a new uptrend phase off a major low back in March.
<img alt="" src="https://www.benzinga.com/files/u1465983/vfc_2024-09-27.png" style="height:312px; width:624px" />
While VFC has already gained about 80% off the March low, the bullish phase appears very much still in place here.&nbsp;We can see a consistent pattern of higher highs and higher lows, and the price is now trending higher above two upward-sloping moving averages.&nbsp;The RSI indicator tells us the momentum is strong but not excessive.&nbsp;I tend to think of charts like this as &ldquo;innocent until proven guilty,&rdquo; and as a trend-follower that means I follow the trend until the chart tells me to do otherwise!
Looking for the other seven charts to watch?&nbsp; Check out the full video on my YouTube channel!
<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" frameborder="0" height="315" src="https://www.youtube.com/embed/my-ywu3D0qU?si=YxYf_BeNqjw74kOQ" width="560"></iframe>
<img alt="" src="https://www.benzinga.com/files/u1465983/1200x628-twms24-keller.jpg" style="height:327px; width:624px" />
RR#6, Dave
PS- Ready to upgrade your investment process?&nbsp; Check out my free behavioral investing course!
David Keller, CMT President and Chief Strategist Sierra Alpha Research LLC
Disclaimer: This blog is for educational purposes only and should not be construed as financial advice.&nbsp; The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.&nbsp;&nbsp;
The author does not have a position in mentioned securities at the time of publication.&nbsp; &nbsp; Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.
This article is from an unpaid external contributor. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.

Trading Ideas

CMCSA

October 2024's Top 10 Charts You Can't Miss: Market Trends Every Investor Should Know

Barclays analyst Julian Mitchell maintains Trane Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TT#NYSE">TT</a>) with a Overweight and raises the price target from $394 to $425.

Barclays Maintains Overweight on Trane Technologies, Raises Price Target to $425

JP Morgan analyst Seth M. Seifman changed the rating on federal IT services companies, Science Applications International Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIC#NASDAQ">SAIC</a>) and Booz Allen Hamilton Holding Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAH#NYSE">BAH</a>).
The analyst upgraded Science Applications to Overweight from Neutral and raised the<a target="_blank" href="https://www.benzinga.com/quote/saic/analyst-ratings" rel="noreferrer noopener"> price target to $170 from $150</a>.
During the April Investor Day, management emphasized plans to transition SAIC toward higher-value work, which is still in its early stages. Meanwhile, the analyst notes that last quarter&#8217;s results showed that SAIC is progressing.
Seifman writes that they see it in the qualified pipeline growing from approximately $115 billion in FY24 to $130 billion and in the planned increase in submitted bids from $17 billion last year to $22 billion this year.
The analyst says that SAIC must secure new contracts and effectively execute them, as some projects may carry higher risks and technical demands, though they offer the potential for improved margins.
Seifman says that SAIC should overcome challenges from lost recompetes that are currently suppressing organic growth by about five points this fiscal year. However, the risk of recompete losses is expected to decline next year, adds the analyst.
Also Read: <a href="https://www.benzinga.com//node/41143880">Deep Dive Into Booz Allen Hamilton Stock: Analyst Perspectives (8 Ratings)</a>
On the other hand, Seifman downgraded Booz Allen Hamilton to Underweight from Neutral but raised the <a target="_blank" href="https://www.benzinga.com/quote/bah/analyst-ratings" rel="noreferrer noopener">price target to $158 from $154</a>.
BAH has experienced several quarters of exceptional growth, but the analyst expects this growth to normalize to a level more in line with peers, which may pose a challenge for its relative valuation.
The analyst says that last quarter, the company reported a revenue shortfall, excluding billable expenses, along with higher-than-expected costs, resulting in an adjusted EBITDA miss. Despite this, the stock has rebounded to an all-time high.
The analyst&#8217;s fiscal second-quarter estimate aligns with consensus, and they do not view this quarter as a negative catalyst.
However, Seifman notes BAH faces a high bar for performance and could be vulnerable to signs of decelerating growth.
Price Action: BAH shares are down 1.01% at $161.74, while SAIC shares are up 0.86% at $141.99 at the last check Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com//node/41147159" target="_blank" rel="noreferrer noopener">Netflix, Disney+, Amazon Hit By Philippine&#8217;s New 12% Tax On Digital Providers</a></li>
</ul>

Large Cap

Upgrades

Downgrades

SAIC

SAIC's $130B Pipeline Boosts Outlook, Booz Allen Faces Valuation Challenge, Says JP Morgan

Applied Industrial Techs's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIT#NYSE">AIT</a>) short percent of float has fallen 16.03% since its last report. The company recently reported that it has 534 thousand shares sold short, which is 1.99% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.6 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>Applied Industrial Techs Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727892922_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Applied Industrial Techs has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Applied Industrial Techs'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>, Applied Industrial Techs's peer group average for short interest as a percentage of float is 4.64%, 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

How Is The Market Feeling About Applied Industrial Techs?

Seagate Tech Hldgs's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STX#NYSE">STX</a>) short percent of float has fallen 5.56% since its last report. The company recently reported that it has 10.83 million shares sold short, which is 6.29% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.88 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>Seagate Tech Hldgs Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727892917_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Seagate Tech Hldgs has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Seagate Tech Hldgs'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>, Seagate Tech Hldgs's peer group average for short interest as a percentage of float is 6.77%, 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.

Looking Into Seagate Tech Hldgs's Recent Short Interest

Citizens Financial Group's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CFG#NYSE">CFG</a>) short percent of float has risen 9.91% since its last report. The company recently reported that it has 12.65 million shares sold short, which is 3.77% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.26 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>Citizens Financial Group Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727892912_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Citizens Financial Group 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 Citizens Financial Group'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>, Citizens Financial Group's peer group average for short interest as a percentage of float is 3.43%, which means the company has more 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.

Peering Into Citizens Financial Group's Recent Short Interest

Barclays analyst Julian Mitchell maintains 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) with a Overweight and raises the price target from $145 to $160.

Barclays Maintains Overweight on 3M, Raises Price Target to $160

The International Longshoremen's Association (ILA)<a href="https://www.benzinga.com/news/24/09/40906726/us-port-strike-in-october-could-lead-to-major-supply-chain-disruptions-says-container-trade-expert"> initiated a strike earlier this week amid ongoing negotiations</a> regarding wage increases and protections against automation and AI. The strike, if prolonged, could lead to supply constraints which may cause prices to rise, economists warn. These are the sectors that could be the most impacted by the strike:
Food and Beverage: The dozen or so U.S. ports affected by the strike import nearly $100 million a month of beverages and vinegar, according to a <a href="https://www.washingtonpost.com/business/2024/10/02/port-strike-shortages-food-cars-alcohol/">report</a> from the Washington Post. According to the American Farm Bureau Federation via the Washington Post, 80% of all imported beer, whiskey, scotch and more come through the ports will be impacted by the strike.
Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>), the maker of Modelo, is one of the companies that imports the most beer to the U.S., although Constellation may be able to avoid disruptions caused by the port through ground transportation from Mexico. Heineken NV (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HEINY#OTC">HEINY</a>) and other European beverage companies may feel more of the strike&#8217;s affects. Read Also: <a href="https://www.benzinga.com/news/24/10/41111978/dockworkers-strike-will-it-impact-your-holiday-shopping">Dockworkers Strike: Will It Impact Your Holiday Shopping? </a><a href="https://www.benzinga.com/news/24/10/41111978/dockworkers-strike-will-it-impact-your-holiday-shopping"> </a>Automotive And Car Parts: One of the most impacted sectors from the longshoremen strike is expected to be the automotive and car parts space. According to the Washington Post, the U.S. ports import more than half a billion dollars worth of cars and car parts every month. The auto industry already saw disruptions in its supply chain earlier this year when the Francis Scott Key bridge collapsed in Baltimore, hindering shipments through one of the country's largest ports. Companies that rely on importing car parts, such as AutoZone Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) and O'Reilly Automotive Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>), could also see operations disrupted by the strike. Construction: Machinery and construction equipment account for more than $670 million in monthly imports through the dozen or so impacted ports, according to the Washington Post. Homebuilders such as DR Horton Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>), Lennar Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) and others could see operations delayed if the strike is prolonged. Overall, the strike could lead to price increases and supply constraints across multiple sectors if it persists beyond a couple of weeks. In addition to the strike, flooding and storm damage from Hurricane Helene could also disrupt supply chain operations in North Carolina and other southeastern states. Keep Reading: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41122944/east-coast-dockworkers-strike-how-labor-dispute-impacts-economy-logistics-companies">East Coast Dockworkers Strike: How Labor Dispute Impacts Economy, Logistics Companies</a>
Photo: Engin Akyurt from Pixabay.<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41122944/east-coast-dockworkers-strike-how-labor-dispute-impacts-economy-logistics-companies"> </a><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41122944/east-coast-dockworkers-strike-how-labor-dispute-impacts-economy-logistics-companies"> </a>

Global

HEINY

ORLY

Beer Shortage Ahead? 3 Products That Will Be Most Impacted By Port Strike

Barclays analyst Julian Mitchell maintains Stanley Black &amp; Decker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>) with a Equal-Weight and raises the price target from $96 to $100.

Barclays Maintains Equal-Weight on Stanley Black & Decker, Raises Price Target to $100

RBC Capital Markets initiated coverage on Tandem Diabetes Care, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNDM#NASDAQ">TNDM</a>), a global insulin delivery and diabetes technology company that manufactures and sells advanced automated insulin delivery systems.
The analyst highlights several key growth drivers for Tandem, positioning it for sustained growth over the coming years driven by expansion into the U.S. Type 1 market with a 40% pump penetration (Tandem has a one-third share), which is expected to rise to the mid-60s and Type 2 market with 6% penetration.
The company is also seeking deeper penetration within existing accounts through product innovations.
The analyst also added that the rise of GLP-1s class drugs is not a major threat to insulin pump adoption.
GLP-1 drugs such as Novo Nordisk A/S&#8216; (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) semaglutide as Wegvoy and Ozempic and Eli Lilly And Co&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) tirzepatide as Zepbound and Mounjaro, have recently made waves.
RBC analyst highlights that insulin is essential for insulin-dependent patients, as GLP-1 medications cannot regenerate beta cells or halt their deterioration. As a result, the need for insulin remains.
The Type 2 diabetes population, which suffers from irreversible beta cell loss, is underserved.
The growing popularity of GLP-1 drugs may lead to earlier diagnoses of Type 2 diabetes and prompt insulin use, potentially expanding the market.
RBC initiated Tandem with an Outperform, with a price target of $65, citing a significant upside potential driven by earning revisions and multiple expansions.
RBC sees an opportunity for Tandem to achieve profitability over time and projects gross margins of 51% in 2024 or flat y/y to reflect the Mobi launch and investments in several ongoing R&amp;D initiatives.
The analyst sees a clear path for the company to reach its goal of approximately 65% margins, with Mobi accounting for about half of that progress. Further gains are anticipated from planned initiatives.
RBC projects breakeven for 2024, with positive adjusted EBITDA margins expected in the second half of the year.
Price Action: TNDM stock is down 0.37% at $40.92&nbsp;at the last check on Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/10/41146425/toyota-doubles-down-on-joby-aviation-500m-investment-powers-us-electric-air-taxi-certification-p" target="_blank" rel="noreferrer noopener">Toyota Doubles Down On Joby Aviation: $500M Investment Powers US Electric Air Taxi Certification, Production</a>.</li>
</ul>

Health Care

Initiation

TNDM

Tandem Diabetes Insulin Pump Demand to Surge Despite Popular Demand Of Weight Loss Drugs, Bullish Analyst Says

The Kraft Heinz Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/khc#NASDAQ">KHC</a>) is demonstrating resilience in a tough economic landscape thanks to its effective pricing strategies. In second-quarter 2024, KHC reported an adjusted gross profit of $2,296 million, up 2.5% year over year. The upside highlights the company&#39;s ability to maintain robust profit margins, even as inflationary pressures persist. With its adjusted gross margin expanding 210 basis points (bps) to 35.5%, the company is proving that it can navigate a challenging consumer environment while generating profits.
However, the company&#39;s growth is not without hurdles. In spite of bright spots in its three core segments &mdash; Foodservice, Emerging Markets and U.S. Retail Grow platforms &mdash; KHC is battling shifts in consumer behavior and declining demand for certain products. As we explore Kraft Heinz&#39;s strategies and challenges, it becomes clear that the company is at a critical juncture.
<h2>KHC Navigating Inflation and Boosting Margins</h2>
The ability to implement successful pricing strategies played a pivotal role in its performance. In the second quarter, the company&#39;s pricing moved up 1 percentage point, driven by higher pricing in the North America and Emerging Markets segments. Its focus on adjusting prices in response to rising input costs has paid off, as seen in its improved adjusted operating income &mdash; rising 2% to $1,380 million in the quarter. The uptick not only reflects the benefits of improved pricing but also projects KHC&#39;s proactive stance in managing costs.
KHC&#39;s strategic initiatives have also contributed to margin improvement. The introduction of its Agile@Scale program aims to enhance operational agility, resulting in a notable 190-bps increase in gross profit margin during the first half of 2024. By collaborating with technology partners and increasing research and development investments, KHC is poised to innovate and respond to evolving consumer preferences, particularly in the wellness and plant-based sectors.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/b3/79961.jpg?v=836828920" />
Image Source: Zacks Investment Research
<h2>Expansion and Growth Opportunities for KHC</h2>
Kraft Heinz&#39;s growth strategy hinges on its three key segments. In North America, the ACCELERATE platforms are projected to achieve an annual growth rate of 4% over the next decade. Brands such as Heinz and Ore-Ida are driving this momentum through strategic investments and product innovations. Although challenges exist in Emerging Markets &mdash; most notable in China and Brazil &mdash; Kraft Heinz still managed to post high single-digit growth in the second quarter. In Global Away From Home, its plant resumed operations and the company is successfully expanding into new business areas and non-commercial channels.
The company&#39;s expansion efforts are also global. By bringing successful North American solutions to international markets, Kraft Heinz aims to capture a broader consumer base. Its commitment to innovation is evident in its product pipeline, which contributed to organic net sales. However, as consumer preferences shift, the company must remain agile to adapt to these trends.
<h2>Challenges Linger Amid Positive Developments</h2>
Despite its strategic advantages, Kraft Heinz faces several headwinds. The current consumer landscape is characterized by slow income growth and persistent inflation, factors that have dampened consumer sentiment. In fact, the company registered a 2.4% decline in organic net sales in the second quarter, thanks to lower demand for products like Lunchables.
The downturn is particularly pronounced in North America, where organic net sales fell 2.9%. Internationally, developed markets fared even worse, with a 3.9% decline. These results prompted the company to revise its expectations for organic net sales in 2024, now anticipating a decline of 2% to remain flat.
<h2>Volume Declines and Currency Risks Hurt KHC</h2>
Kraft Heinz&#39;s struggles extend beyond declining sales &mdash; the company also experienced a 3.4 percentage point decline in volume/mix in the second quarter, particularly in North America and developed markets. This trend raises concerns about the sustainability of profitability in the long run. KHC&#39;s extensive international operations expose it to risks from adverse currency fluctuations, which negatively impacted net sales by 1 percentage point in the second quarter.
<h2>Conclusion: A Critical Crossroads for Kraft Heinz</h2>
Kraft Heinz stands at a critical crossroads. While the company has demonstrated solid pricing strategies and maintained strong brand performance, significant challenges loom. The declining consumer demand and operational difficulties present hurdles that could impede future growth. As investors monitor Kraft Heinz&#39;s journey, it will be essential to watch how the company navigates these complexities and capitalizes on its strengths in the coming quarters. At present, Kraft Heinz carries a Zacks Rank of #3 (Hold).
KHC&#39;s stock has increased 9.6% in the past three months compared with the industry&#39;s 8.8% growth.
<h2>Some Better-Ranked Staple Bets</h2>
Here, we have highlighted three top-ranked food stocks &mdash; The Chef&#39;s Warehouse (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/chef#NASDAQ">CHEF</a>), Flowers Foods (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/flo#NYSE">FLO</a>) and McCormick &amp; Company, Inc.
The Chef&#39;s Warehouse, which distributes specialty food products, currently carries a Zacks Rank #2 (Buy).
CHEF has a trailing four-quarter earnings surprise of 33.7%, on average. The Zacks Consensus Estimate for The Chef&#39;s Warehouse&#39;s current fiscal year sales and earnings each indicates growth of 9.7% and 12.6%, respectively, from the year-ago reported numbers.
Flowers Foods, one of the largest producers of packaged bakery foods in the United States, currently carries a Zacks Rank #2. FLO has a trailing four-quarter earnings surprise of 1.9%, on average. The Zacks Consensus Estimate for Flowers Foods&#39; current financial-year sales and earnings implies growth of around 1% and 5%, respectively, from the year-ago reported numbers.
McCormick is a leading manufacturer, marketer and distributor of spices, seasonings, specialty foods and flavors. It currently carries a Zacks Rank of 2. The Zacks Consensus Estimate for McCormick &amp; Company&#39;s current fiscal-year sales and earnings indicates advancements of 0.2% and 5.6%, respectively, from the year-ago reported figures. MKC has a trailing four-quarter earnings surprise of 8.3%, on average.
<a href="https://www.zacks.com/stock/news/2344659/is-khc-s-pricing-strategy-enough-to-sustain-growth-amid-challenges?cid=CS-BENZ-FT-analyst_blog|rank_focused-2344659">To read this article on Zacks.com click here.</a>

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Emerging Markets

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Small Cap

CHEF

Is KHC's Pricing Strategy Enough to Sustain Growth Amid Challenges?

Barclays analyst Julian Mitchell maintains Pentair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNR#NYSE">PNR</a>) with a Overweight and raises the price target from $96 to $105.

Barclays Maintains Overweight on Pentair, Raises Price Target to $105

Barclays analyst Julian Mitchell maintains Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Overweight and raises the price target from $650 to $703.

Barclays Maintains Overweight on Parker Hannifin, Raises Price Target to $703

Barclays analyst Julian Mitchell maintains Otis Worldwide (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OTIS#NYSE">OTIS</a>) with a Equal-Weight and raises the price target from $90 to $96.

OTIS

Barclays Maintains Equal-Weight on Otis Worldwide, Raises Price Target to $96

Sea (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SE#NYSE">SE</a>) has outperformed the market over the past 5 years by 13.23% on an annualized basis producing an average annual return of 27.74%. Currently, Sea has a market capitalization of $54.40 billion. 
Buying $100 In SE: If an investor had bought $100 of SE stock 5 years ago, it would be worth $310.15 today based on a price of $94.72 for SE at the time of writing.
<h3>Sea's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727892220_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Sea 5 Years Ago Would Be Worth This Much Today

Barclays analyst Julian Mitchell maintains nVent Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVT#NYSE">NVT</a>) with a Overweight and lowers the price target from $87 to $86.

Barclays Maintains Overweight on nVent Electric, Lowers Price Target to $86

Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Allegion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLE#NYSE">ALLE</a>) in the last three months.
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;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</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;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</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;">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;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</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 $125.2, along with a high estimate of $137.00 and a low estimate of $112.00. Witnessing a positive shift, the current average has risen by 2.45% from the previous average price target of $122.20.
<img src="https://www.benzinga.com/files/images/story/2024/1727892133_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The analysis of recent analyst actions sheds light on the perception of Allegion by financial experts. The following summary presents 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>Julian Mitchell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$135.00</td>
<td>$117.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$137.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$117.00</td>
<td>$112.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$112.00</td>
<td>$116.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$125.00</td>
<td>$141.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Allegion. 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 Allegion compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Allegion's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
To gain a panoramic view of Allegion'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/ALLE/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Allegion analyst ratings.</a>
<h2>Delving into Allegion's Background</h2>
Allegion is a global security products company with a portfolio of leading brands such as Schlage, Von Duprin, and LCN. The Ireland-domiciled company was created via a spinoff transaction from Ingersoll-Rand in December 2013. In fiscal 2023, Allegion generated 75% of sales in the United States. The company primarily competes with Sweden-based Assa Abloy and Switzerland-based Dormakaba.
<h3>Allegion: Financial Performance Dissected</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Allegion's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 5.82%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 16.09%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Allegion's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 11.2%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 3.43%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.69, caution is advised due to increased financial risk.
<h2>The Basics of Analyst Ratings</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.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ALLE

What 5 Analyst Ratings Have To Say About Allegion

In the preceding three months, 9 analysts have released ratings for American Eagle Outfitters (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEO#NYSE">AEO</a>), presenting a wide array of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved 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;">1</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>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</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>
</tr>
<tr>
<td>1M 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>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">5</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;">0</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>
Analysts have recently evaluated American Eagle Outfitters and provided 12-month price targets. The average target is $25.56, accompanied by a high estimate of $34.00 and a low estimate of $22.00. A 6.1% drop is evident in the current average compared to the previous average price target of $27.22. 
<img src="https://www.benzinga.com/files/images/story/2024/1727892117_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive American Eagle Outfitters. The following summary 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>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$23.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Matthew Boss</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$29.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$23.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$26.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Jay Sole</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$34.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Jonna Kim</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$23.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$25.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$25.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Paul Lejuez</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$22.00</td>
<td>$24.00</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 American Eagle Outfitters. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of American Eagle Outfitters compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of American Eagle Outfitters's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of American Eagle Outfitters's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/AEO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on American Eagle Outfitters analyst ratings.</a>
<h2>All You Need to Know About American Eagle Outfitters</h2>
American Eagle Outfitters Inc is a specialty retailer. The company is engaged in the retail of apparel and accessories with company stores in the United States, Canada, Mexico, and Hong Kong. The Company leases all store premises, regional distribution facilities, some of its office space, and certain information technology and office equipment. American Eagle also has its online business. It operates in two segments: American Eagle and Aerie. The majority of its revenue comes from its primary brand, American Eagle, which offers an assortment of specialty apparel, accessories, and personal care products for women and men. Geographically, it generates the vast majority of its revenue from the United States.
<h3>American Eagle Outfitters: A Financial Overview</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining American Eagle Outfitters's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 7.51% as of 31 July, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: American Eagle Outfitters's net margin is impressive, surpassing industry averages. With a net margin of 5.98%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): American Eagle Outfitters's ROE stands out, surpassing industry averages. With an impressive ROE of 4.48%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): American Eagle Outfitters's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.18%, the company showcases efficient use of assets and strong financial health.
Debt Management: American Eagle Outfitters's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.78.
<h2>How Are Analyst Ratings Determined?</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 will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Verdict: American Eagle Outfitters In The Eyes Of 9 Experts

Throughout the last three months, 10 analysts have evaluated Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>), offering a diverse set of opinions from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing 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;">4</td>
<td style="text-align: right;">5</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>Last 30D</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>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;">2</td>
<td style="text-align: right;">3</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;">1</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>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $634.2, a high estimate of $691.00, and a low estimate of $520.00. Surpassing the previous average price target of $606.00, the current average has increased by 4.65%.
<img src="https://www.benzinga.com/files/images/story/2024/1727892109_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The standing of Parker Hannifin among financial experts is revealed through an in-depth exploration 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>Nathan Jones</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$691.00</td>
<td>$633.00</td>
</tr>
<tr>
<td>Joseph Giordano</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$520.00</td>
<td>$500.00</td>
</tr>
<tr>
<td>Tim Thein</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$650.00</td>
<td>$610.00</td>
</tr>
<tr>
<td>David Raso</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$656.00</td>
<td>$620.00</td>
</tr>
<tr>
<td>Nicole Deblase</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$645.00</td>
<td>$595.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$640.00</td>
<td>$600.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$673.00</td>
<td>$621.00</td>
</tr>
<tr>
<td>Mircea Dobre</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$654.00</td>
<td>$622.00</td>
</tr>
<tr>
<td>Nathan Jones</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$613.00</td>
<td>$629.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$600.00</td>
<td>$630.00</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 Parker Hannifin. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Parker Hannifin compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Parker Hannifin's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Parker Hannifin's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/PH/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Parker Hannifin analyst ratings.</a>
<h2>Delving into Parker Hannifin's Background</h2>
Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.
<h3>Parker Hannifin: A Financial Overview</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: Parker Hannifin's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 1.78%. This indicates 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 Industrials sector.
Net Margin: Parker Hannifin's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 15.13%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Parker Hannifin's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.63% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Parker Hannifin's ROA excels beyond industry benchmarks, reaching 2.67%. This signifies efficient management of assets and strong financial health.
Debt Management: Parker Hannifin's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.87, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
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.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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