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IPO Report: GitLab prices IPO at $77 a share, for $11 billion valuation

GitLab Inc. priced its initial public offering late Wednesday at $77 a share, well above its already elevated range, going into its first day of trading on Thursday......»»

Category: topSource: marketwatchOct 13th, 2021

Costco (COST) Gains But Lags Market: What You Should Know

In the latest trading session, Costco (COST) closed at $452.39, marking a +0.38% move from the previous day. In the latest trading session, Costco (COST) closed at $452.39, marking a +0.38% move from the previous day. This move lagged the S&P 500's daily gain of 0.75%.Prior to today's trading, shares of the warehouse club operator had lost 2.73% over the past month. This has lagged the Retail-Wholesale sector's loss of 2.43% and the S&P 500's loss of 0.05% in that time.Wall Street will be looking for positivity from COST as it approaches its next earnings report date. On that day, COST is projected to report earnings of $2.52 per share, which would represent year-over-year growth of 10.04%. Meanwhile, our latest consensus estimate is calling for revenue of $47.75 billion, up 10.52% from the prior-year quarter.COST's full-year Zacks Consensus Estimates are calling for earnings of $11.90 per share and revenue of $211.93 billion. These results would represent year-over-year changes of +7.4% and +8.17%, respectively.It is also important to note the recent changes to analyst estimates for COST. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.79% higher. COST is holding a Zacks Rank of #2 (Buy) right now.Digging into valuation, COST currently has a Forward P/E ratio of 37.88. This represents a premium compared to its industry's average Forward P/E of 21.15.Meanwhile, COST's PEG ratio is currently 4.42. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Retail - Discount Stores stocks are, on average, holding a PEG ratio of 2.04 based on yesterday's closing prices.The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 89, putting it in the top 36% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Costco Wholesale Corporation (COST): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 15th, 2021

Berkshire Hathaway B (BRK.B) Outpaces Stock Market Gains: What You Should Know

Berkshire Hathaway B (BRK.B) closed at $284.21 in the latest trading session, marking a +0.91% move from the prior day. Berkshire Hathaway B (BRK.B) closed the most recent trading day at $284.21, moving +0.91% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.75%.Coming into today, shares of the company had gained 1.49% in the past month. In that same time, the Finance sector gained 1.42%, while the S&P 500 lost 0.05%.BRK.B will be looking to display strength as it nears its next earnings release. In that report, analysts expect BRK.B to post earnings of $3.03 per share. This would mark year-over-year growth of 31.74%.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $11.79 per share and revenue of $320.12 billion. These totals would mark changes of +28.57% and +30.39%, respectively, from last year.Investors might also notice recent changes to analyst estimates for BRK.B. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. BRK.B is currently sporting a Zacks Rank of #1 (Strong Buy).Investors should also note BRK.B's current valuation metrics, including its Forward P/E ratio of 23.89. For comparison, its industry has an average Forward P/E of 15.1, which means BRK.B is trading at a premium to the group.Meanwhile, BRK.B's PEG ratio is currently 3.41. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Insurance - Property and Casualty industry currently had an average PEG ratio of 2.1 as of yesterday's close.The Insurance - Property and Casualty industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 156, which puts it in the bottom 39% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Berkshire Hathaway Inc. (BRK.B): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 15th, 2021

Kinder Morgan (KMI) Gains But Lags Market: What You Should Know

Kinder Morgan (KMI) closed at $18.46 in the latest trading session, marking a +0.44% move from the prior day. In the latest trading session, Kinder Morgan (KMI) closed at $18.46, marking a +0.44% move from the previous day. The stock lagged the S&P 500's daily gain of 0.75%.Heading into today, shares of the oil and natural gas pipeline and storage company had gained 13.74% over the past month, lagging the Oils-Energy sector's gain of 14.35% and outpacing the S&P 500's loss of 0.05% in that time.KMI will be looking to display strength as it nears its next earnings release, which is expected to be October 20, 2021. In that report, analysts expect KMI to post earnings of $0.23 per share. This would mark year-over-year growth of 9.52%. Meanwhile, our latest consensus estimate is calling for revenue of $3.21 billion, up 9.99% from the prior-year quarter.For the full year, our Zacks Consensus Estimates are projecting earnings of $1.32 per share and revenue of $14.7 billion, which would represent changes of +50% and +25.68%, respectively, from the prior year.Any recent changes to analyst estimates for KMI should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.08% higher. KMI is currently a Zacks Rank #2 (Buy).Valuation is also important, so investors should note that KMI has a Forward P/E ratio of 13.97 right now. This valuation marks a discount compared to its industry's average Forward P/E of 17.7.It is also worth noting that KMI currently has a PEG ratio of 4.66. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Oil and Gas - Production and Pipelines stocks are, on average, holding a PEG ratio of 3.68 based on yesterday's closing prices.The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 101, which puts it in the top 40% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kinder Morgan, Inc. (KMI): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 15th, 2021

CrowdStrike Holdings (CRWD) Stock Sinks As Market Gains: What You Should Know

CrowdStrike Holdings (CRWD) closed at $273.11 in the latest trading session, marking a -1.05% move from the prior day. In the latest trading session, CrowdStrike Holdings (CRWD) closed at $273.11, marking a -1.05% move from the previous day. This change lagged the S&P 500's 0.75% gain on the day.Coming into today, shares of the cloud-based security company had gained 4.26% in the past month. In that same time, the Computer and Technology sector lost 2.38%, while the S&P 500 lost 0.05%.Investors will be hoping for strength from CRWD as it approaches its next earnings release. On that day, CRWD is projected to report earnings of $0.10 per share, which would represent year-over-year growth of 25%. Our most recent consensus estimate is calling for quarterly revenue of $364.76 million, up 56.91% from the year-ago period.CRWD's full-year Zacks Consensus Estimates are calling for earnings of $0.47 per share and revenue of $1.41 billion. These results would represent year-over-year changes of +74.07% and +60.81%, respectively.It is also important to note the recent changes to analyst estimates for CRWD. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. CRWD is currently sporting a Zacks Rank of #3 (Hold).Valuation is also important, so investors should note that CRWD has a Forward P/E ratio of 587.26 right now. This valuation marks a premium compared to its industry's average Forward P/E of 62.17.Investors should also note that CRWD has a PEG ratio of 23.49 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Internet - Software stocks are, on average, holding a PEG ratio of 4.27 based on yesterday's closing prices.The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 175, putting it in the bottom 32% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CrowdStrike (CRWD): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 15th, 2021

Schlumberger (SLB) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Schlumberger (SLB) closed at $34, marking a +1.43% move from the previous day. In the latest trading session, Schlumberger (SLB) closed at $34, marking a +1.43% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.75%.Coming into today, shares of the world's largest oilfield services company had gained 16.15% in the past month. In that same time, the Oils-Energy sector gained 14.35%, while the S&P 500 lost 0.05%.Wall Street will be looking for positivity from SLB as it approaches its next earnings report date. This is expected to be October 22, 2021. The company is expected to report EPS of $0.35, up 118.75% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.93 billion, up 12.83% from the year-ago period.For the full year, our Zacks Consensus Estimates are projecting earnings of $1.26 per share and revenue of $22.97 billion, which would represent changes of +85.29% and -2.68%, respectively, from the prior year.It is also important to note the recent changes to analyst estimates for SLB. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.67% higher. SLB is holding a Zacks Rank of #2 (Buy) right now.Investors should also note SLB's current valuation metrics, including its Forward P/E ratio of 26.59. This represents a discount compared to its industry's average Forward P/E of 31.9.The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 104, which puts it in the top 41% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Schlumberger Limited (SLB): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 15th, 2021

Merck (MRK) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Merck (MRK) closed at $78.33, marking a -0.79% move from the previous day. Merck (MRK) closed the most recent trading day at $78.33, moving -0.79% from the previous trading session. This change lagged the S&P 500's daily gain of 1.71%.Prior to today's trading, shares of the pharmaceutical company had gained 8.43% over the past month. This has outpaced the Medical sector's loss of 5.62% and the S&P 500's loss of 2.25% in that time.MRK will be looking to display strength as it nears its next earnings release, which is expected to be October 28, 2021. In that report, analysts expect MRK to post earnings of $1.52 per share. This would mark a year-over-year decline of 12.64%. Meanwhile, our latest consensus estimate is calling for revenue of $12.42 billion, down 1.03% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $5.67 per share and revenue of $48.25 billion. These totals would mark changes of -4.55% and +0.54%, respectively, from last year.It is also important to note the recent changes to analyst estimates for MRK. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 2.77% higher. MRK is currently a Zacks Rank #3 (Hold).Looking at its valuation, MRK is holding a Forward P/E ratio of 13.93. This valuation marks a premium compared to its industry's average Forward P/E of 13.43.Also, we should mention that MRK has a PEG ratio of 2.21. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. MRK's industry had an average PEG ratio of 2.04 as of yesterday's close.The Large Cap Pharmaceuticals industry is part of the Medical sector. This group has a Zacks Industry Rank of 84, putting it in the top 34% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Merck & Co., Inc. (MRK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

Comstock Resources (CRK) Stock Sinks As Market Gains: What You Should Know

Comstock Resources (CRK) closed the most recent trading day at $9.21, moving -1.71% from the previous trading session. Comstock Resources (CRK) closed the most recent trading day at $9.21, moving -1.71% from the previous trading session. This move lagged the S&P 500's daily gain of 1.71%.Prior to today's trading, shares of the oil and gas company had gained 2.52% over the past month. This has lagged the Oils-Energy sector's gain of 11.88% and outpaced the S&P 500's loss of 2.25% in that time.Wall Street will be looking for positivity from CRK as it approaches its next earnings report date. This is expected to be November 2, 2021. On that day, CRK is projected to report earnings of $0.36 per share, which would represent year-over-year growth of 700%. Meanwhile, our latest consensus estimate is calling for revenue of $419.33 million, up 135.56% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.22 per share and revenue of $1.46 billion. These totals would mark changes of +430.43% and +70.42%, respectively, from last year.Investors might also notice recent changes to analyst estimates for CRK. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 10.91% higher. CRK is currently sporting a Zacks Rank of #1 (Strong Buy).Investors should also note CRK's current valuation metrics, including its Forward P/E ratio of 7.68. For comparison, its industry has an average Forward P/E of 10.44, which means CRK is trading at a discount to the group.The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 25, putting it in the top 10% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Comstock Resources, Inc. (CRK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

Fortinet (FTNT) Gains But Lags Market: What You Should Know

In the latest trading session, Fortinet (FTNT) closed at $313.81, marking a +1.2% move from the previous day. In the latest trading session, Fortinet (FTNT) closed at $313.81, marking a +1.2% move from the previous day. The stock lagged the S&P 500's daily gain of 1.71%.Coming into today, shares of the network security company had gained 2.84% in the past month. In that same time, the Computer and Technology sector lost 4.5%, while the S&P 500 lost 2.25%.Investors will be hoping for strength from FTNT as it approaches its next earnings release, which is expected to be November 4, 2021. The company is expected to report EPS of $0.94, up 6.82% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $809.86 million, up 24.38% from the prior-year quarter.For the full year, our Zacks Consensus Estimates are projecting earnings of $3.87 per share and revenue of $3.24 billion, which would represent changes of +15.52% and +24.85%, respectively, from the prior year.Any recent changes to analyst estimates for FTNT should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.59% lower within the past month. FTNT is currently a Zacks Rank #3 (Hold).Digging into valuation, FTNT currently has a Forward P/E ratio of 80.08. This valuation marks a premium compared to its industry's average Forward P/E of 43.73.Also, we should mention that FTNT has a PEG ratio of 5.62. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Security stocks are, on average, holding a PEG ratio of 2.65 based on yesterday's closing prices.The Security industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 107, which puts it in the top 43% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fortinet, Inc. (FTNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

Honda Motor (HMC) Gains But Lags Market: What You Should Know

Honda Motor (HMC) closed the most recent trading day at $30.26, moving +0.67% from the previous trading session. Honda Motor (HMC) closed the most recent trading day at $30.26, moving +0.67% from the previous trading session. This change lagged the S&P 500's 1.71% gain on the day.Coming into today, shares of the automaker had lost 3.53% in the past month. In that same time, the Auto-Tires-Trucks sector gained 1.22%, while the S&P 500 lost 2.25%.Investors will be hoping for strength from HMC as it approaches its next earnings release. In that report, analysts expect HMC to post earnings of $0.77 per share. This would mark a year-over-year decline of 41.22%. Meanwhile, our latest consensus estimate is calling for revenue of $34.05 billion, down 1.04% from the prior-year quarter.HMC's full-year Zacks Consensus Estimates are calling for earnings of $3.65 per share and revenue of $137.38 billion. These results would represent year-over-year changes of +1.67% and +10.37%, respectively.Investors should also note any recent changes to analyst estimates for HMC. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 6.73% lower within the past month. HMC currently has a Zacks Rank of #3 (Hold).Looking at its valuation, HMC is holding a Forward P/E ratio of 8.24. This valuation marks a discount compared to its industry's average Forward P/E of 11.82.We can also see that HMC currently has a PEG ratio of 0.57. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Automotive - Foreign stocks are, on average, holding a PEG ratio of 0.42 based on yesterday's closing prices.The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 157, which puts it in the bottom 39% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honda Motor Co., Ltd. (HMC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

Thermo Fisher Scientific (TMO) Gains But Lags Market: What You Should Know

Thermo Fisher Scientific (TMO) closed the most recent trading day at $577.35, moving +0.66% from the previous trading session. Thermo Fisher Scientific (TMO) closed at $577.35 in the latest trading session, marking a +0.66% move from the prior day. This move lagged the S&P 500's daily gain of 1.71%.Heading into today, shares of the maker of scientific instrument and laboratory supplies had gained 1.88% over the past month, outpacing the Medical sector's loss of 5.62% and the S&P 500's loss of 2.25% in that time.Investors will be hoping for strength from TMO as it approaches its next earnings release, which is expected to be October 27, 2021. In that report, analysts expect TMO to post earnings of $4.60 per share. This would mark a year-over-year decline of 18.29%. Meanwhile, our latest consensus estimate is calling for revenue of $8.27 billion, down 3% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $22.08 per share and revenue of $36.01 billion. These totals would mark changes of +12.94% and +11.78%, respectively, from last year.Investors should also note any recent changes to analyst estimates for TMO. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.01% higher within the past month. TMO is holding a Zacks Rank of #2 (Buy) right now.Investors should also note TMO's current valuation metrics, including its Forward P/E ratio of 25.98. For comparison, its industry has an average Forward P/E of 48.2, which means TMO is trading at a discount to the group.Meanwhile, TMO's PEG ratio is currently 2. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Medical - Instruments stocks are, on average, holding a PEG ratio of 3.06 based on yesterday's closing prices.The Medical - Instruments industry is part of the Medical sector. This group has a Zacks Industry Rank of 155, putting it in the bottom 39% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Thermo Fisher Scientific Inc. (TMO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

United Rentals (URI) is a Top-Ranked Value Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.The Style Scores are broken down into four categories:Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.How Style Scores Work with the Zacks RankA proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +25.41% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.That's where the Style Scores come in.To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.Stock to Watch: United Rentals (URI)Headquartered in Stamford, CT, United Rentals, Inc. is the largest equipment rental company in the world, with an integrated network of 1,165 rental locations in United States, Canada and Europe. Moreover, it operates in 49 states and every Canadian province. The company offers 4,000 classes of equipment for rent at a total original equipment cost (“OEC”) of $13.8 billion. The company’s customer base includes construction and industrial companies, utilities, municipalities, government agencies, independent contractors and homeowners and other individuals that use equipment for projects that range from simple repairs to major renovations. The company’s principal products and services are equipment rental, sale of rental equipment, new equipment, contractor supplies, services and other.URI is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 16.18; value investors should take notice.Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2021. The Zacks Consensus Estimate has increased -$0.07 to $21.77 per share. URI boasts an average earnings surprise of 12.7%.With a solid Zacks Rank and top-tier Value and VGM Style Scores, URI should be on investors' short list. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report United Rentals, Inc. (URI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

Salesforce.com (CRM) Outpaces Stock Market Gains: What You Should Know

Salesforce.com (CRM) closed at $284.41 in the latest trading session, marking a +1.94% move from the prior day. In the latest trading session, Salesforce.com (CRM) closed at $284.41, marking a +1.94% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.3%.Coming into today, shares of the customer-management software developer had gained 9.68% in the past month. In that same time, the Computer and Technology sector lost 5.35%, while the S&P 500 lost 2.37%.Wall Street will be looking for positivity from CRM as it approaches its next earnings report date. On that day, CRM is projected to report earnings of $0.92 per share, which would represent a year-over-year decline of 47.13%. Meanwhile, our latest consensus estimate is calling for revenue of $6.79 billion, up 25.27% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.40 per share and revenue of $26.3 billion. These totals would mark changes of -10.57% and +23.73%, respectively, from last year.Investors might also notice recent changes to analyst estimates for CRM. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 2.82% higher. CRM is holding a Zacks Rank of #1 (Strong Buy) right now.Investors should also note CRM's current valuation metrics, including its Forward P/E ratio of 63.47. This valuation marks a premium compared to its industry's average Forward P/E of 33.68.Investors should also note that CRM has a PEG ratio of 3.79 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Computer - Software industry currently had an average PEG ratio of 2.87 as of yesterday's close.The Computer - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 107, which puts it in the top 43% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. You know this company from its past glory days, but few would expect that it's poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks' Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report salesforce.com, inc. (CRM): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 13th, 2021

Caterpillar (CAT) Stock Sinks As Market Gains: What You Should Know

Caterpillar (CAT) closed at $188.94 in the latest trading session, marking a -0.52% move from the prior day. In the latest trading session, Caterpillar (CAT) closed at $188.94, marking a -0.52% move from the previous day. This change lagged the S&P 500's daily gain of 0.3%.Coming into today, shares of the construction equipment company had lost 6.13% in the past month. In that same time, the Industrial Products sector lost 6.25%, while the S&P 500 lost 2.37%.Wall Street will be looking for positivity from CAT as it approaches its next earnings report date. This is expected to be October 28, 2021. On that day, CAT is projected to report earnings of $2.29 per share, which would represent year-over-year growth of 70.9%. Meanwhile, our latest consensus estimate is calling for revenue of $12.57 billion, up 27.21% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $10.16 per share and revenue of $50.59 billion. These totals would mark changes of +54.88% and +21.17%, respectively, from last year.Investors might also notice recent changes to analyst estimates for CAT. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.29% higher. CAT is holding a Zacks Rank of #3 (Hold) right now.Investors should also note CAT's current valuation metrics, including its Forward P/E ratio of 18.7. This valuation marks a discount compared to its industry's average Forward P/E of 21.13.Investors should also note that CAT has a PEG ratio of 1.56 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Manufacturing - Construction and Mining industry currently had an average PEG ratio of 1.15 as of yesterday's close.The Manufacturing - Construction and Mining industry is part of the Industrial Products sector. This industry currently has a Zacks Industry Rank of 232, which puts it in the bottom 9% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. You know this company from its past glory days, but few would expect that it's poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks' Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Caterpillar Inc. (CAT): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 13th, 2021

Alphabet Inc. (GOOG) Outpaces Stock Market Gains: What You Should Know

Alphabet Inc. (GOOG) closed at $2,758 in the latest trading session, marking a +0.87% move from the prior day. Alphabet Inc. (GOOG) closed at $2,758 in the latest trading session, marking a +0.87% move from the prior day. This change outpaced the S&P 500's 0.3% gain on the day.Heading into today, shares of the company had lost 4.67% over the past month, outpacing the Computer and Technology sector's loss of 5.35% and lagging the S&P 500's loss of 2.37% in that time.GOOG will be looking to display strength as it nears its next earnings release, which is expected to be October 26, 2021. The company is expected to report EPS of $23.12, up 40.98% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $51.8 billion, up 36.29% from the year-ago period.GOOG's full-year Zacks Consensus Estimates are calling for earnings of $101.86 per share and revenue of $206.5 billion. These results would represent year-over-year changes of +73.79% and +37.9%, respectively.It is also important to note the recent changes to analyst estimates for GOOG. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. GOOG is holding a Zacks Rank of #3 (Hold) right now.Investors should also note GOOG's current valuation metrics, including its Forward P/E ratio of 26.84. This valuation marks a premium compared to its industry's average Forward P/E of 26.82.Investors should also note that GOOG has a PEG ratio of 1.78 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Internet - Services was holding an average PEG ratio of 4.03 at yesterday's closing price.The Internet - Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 159, which puts it in the bottom 38% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. You know this company from its past glory days, but few would expect that it's poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks' Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Alphabet Inc. (GOOG): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 13th, 2021

Activision Blizzard, Inc (ATVI) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Activision Blizzard, Inc (ATVI) closed at $75.25, marking a +0.44% move from the previous day. Activision Blizzard, Inc (ATVI) closed the most recent trading day at $75.25, moving +0.44% from the previous trading session. This change outpaced the S&P 500's 0.3% gain on the day.Coming into today, shares of the company had lost 3.75% in the past month. In that same time, the Consumer Discretionary sector lost 5.34%, while the S&P 500 lost 2.37%.Wall Street will be looking for positivity from ATVI as it approaches its next earnings report date. This is expected to be November 2, 2021. On that day, ATVI is projected to report earnings of $0.71 per share, which would represent no growth from the year-ago period. Meanwhile, our latest consensus estimate is calling for revenue of $1.88 billion, up 6.4% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.85 per share and revenue of $8.78 billion. These totals would mark changes of +10.95% and +4.34%, respectively, from last year.Any recent changes to analyst estimates for ATVI should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.72% higher. ATVI is holding a Zacks Rank of #3 (Hold) right now.Digging into valuation, ATVI currently has a Forward P/E ratio of 19.49. For comparison, its industry has an average Forward P/E of 19.49, which means ATVI is trading at a no noticeable deviation to the group.Meanwhile, ATVI's PEG ratio is currently 1.26. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Toys - Games - Hobbies was holding an average PEG ratio of 2.35 at yesterday's closing price.The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 182, putting it in the bottom 29% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. You know this company from its past glory days, but few would expect that it's poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks' Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Activision Blizzard, Inc (ATVI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 13th, 2021

Bristol Myers Squibb (BMY) Gains But Lags Market: What You Should Know

In the latest trading session, Bristol Myers Squibb (BMY) closed at $57.07, marking a +0.02% move from the previous day. Bristol Myers Squibb (BMY) closed at $57.07 in the latest trading session, marking a +0.02% move from the prior day. This change lagged the S&P 500's 0.3% gain on the day.Coming into today, shares of the biopharmaceutical company had lost 8.13% in the past month. In that same time, the Medical sector lost 6.61%, while the S&P 500 lost 2.37%.Wall Street will be looking for positivity from BMY as it approaches its next earnings report date. This is expected to be October 27, 2021. In that report, analysts expect BMY to post earnings of $1.91 per share. This would mark year-over-year growth of 17.18%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $11.55 billion, up 9.59% from the year-ago period.BMY's full-year Zacks Consensus Estimates are calling for earnings of $7.48 per share and revenue of $46.34 billion. These results would represent year-over-year changes of +16.15% and +8.98%, respectively.Any recent changes to analyst estimates for BMY should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.19% higher. BMY is holding a Zacks Rank of #3 (Hold) right now.Digging into valuation, BMY currently has a Forward P/E ratio of 7.62. Its industry sports an average Forward P/E of 23.5, so we one might conclude that BMY is trading at a discount comparatively.It is also worth noting that BMY currently has a PEG ratio of 1.08. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Medical - Biomedical and Genetics stocks are, on average, holding a PEG ratio of 1.49 based on yesterday's closing prices.The Medical - Biomedical and Genetics industry is part of the Medical sector. This group has a Zacks Industry Rank of 170, putting it in the bottom 34% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. You know this company from its past glory days, but few would expect that it's poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks' Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bristol Myers Squibb Company (BMY): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 13th, 2021

Enterprise Products Partners (EPD) Gains But Lags Market: What You Should Know

In the latest trading session, Enterprise Products Partners (EPD) closed at $24.02, marking a +0.13% move from the previous day. Enterprise Products Partners (EPD) closed the most recent trading day at $24.02, moving +0.13% from the previous trading session. This change lagged the S&P 500's 0.3% gain on the day.Prior to today's trading, shares of the provider of midstream energy services had gained 7.87% over the past month. This has lagged the Oils-Energy sector's gain of 14.29% and outpaced the S&P 500's loss of 2.37% in that time.Investors will be hoping for strength from EPD as it approaches its next earnings release. On that day, EPD is projected to report earnings of $0.52 per share, which would represent year-over-year growth of 8.33%. Our most recent consensus estimate is calling for quarterly revenue of $8.99 billion, up 29.86% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.17 per share and revenue of $36.69 billion. These totals would mark changes of +2.84% and +34.88%, respectively, from last year.Investors should also note any recent changes to analyst estimates for EPD. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.4% higher. EPD is holding a Zacks Rank of #4 (Sell) right now.In terms of valuation, EPD is currently trading at a Forward P/E ratio of 11.06. Its industry sports an average Forward P/E of 10.26, so we one might conclude that EPD is trading at a premium comparatively.The Oil and Gas - Production Pipeline - MLB industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 215, putting it in the bottom 16% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. You know this company from its past glory days, but few would expect that it's poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks' Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Enterprise Products Partners L.P. (EPD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 13th, 2021

Paycom Software (PAYC) Outpaces Stock Market Gains: What You Should Know

Paycom Software (PAYC) closed the most recent trading day at $516.33, moving +1.36% from the previous trading session. Paycom Software (PAYC) closed the most recent trading day at $516.33, moving +1.36% from the previous trading session. This change outpaced the S&P 500's 0.3% gain on the day.Coming into today, shares of the maker of human-resources and payroll software had gained 8.84% in the past month. In that same time, the Computer and Technology sector lost 5.35%, while the S&P 500 lost 2.37%.Investors will be hoping for strength from PAYC as it approaches its next earnings release. In that report, analysts expect PAYC to post earnings of $0.91 per share. This would mark year-over-year growth of 30%. Our most recent consensus estimate is calling for quarterly revenue of $250.37 million, up 27.39% from the year-ago period.PAYC's full-year Zacks Consensus Estimates are calling for earnings of $4.41 per share and revenue of $1.04 billion. These results would represent year-over-year changes of +26.36% and +23.31%, respectively.Investors should also note any recent changes to analyst estimates for PAYC. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. PAYC currently has a Zacks Rank of #3 (Hold).In terms of valuation, PAYC is currently trading at a Forward P/E ratio of 115.64. This represents a premium compared to its industry's average Forward P/E of 58.45.We can also see that PAYC currently has a PEG ratio of 4.63. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Internet - Software stocks are, on average, holding a PEG ratio of 4.1 based on yesterday's closing prices.The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 170, putting it in the bottom 34% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. You know this company from its past glory days, but few would expect that it's poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks' Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Paycom Software, Inc. (PAYC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 13th, 2021

Dick"s Sporting Goods (DKS) Gains As Market Dips: What You Should Know

Dick's Sporting Goods (DKS) closed the most recent trading day at $114.68, moving +1.24% from the previous trading session. Dick's Sporting Goods (DKS) closed at $114.68 in the latest trading session, marking a +1.24% move from the prior day. This change outpaced the S&P 500's 0.24% loss on the day.Heading into today, shares of the sporting goods retailer had lost 13.11% over the past month, lagging the Retail-Wholesale sector's loss of 5% and the S&P 500's loss of 2.12% in that time.Wall Street will be looking for positivity from DKS as it approaches its next earnings report date. On that day, DKS is projected to report earnings of $1.81 per share, which would represent a year-over-year decline of 9.95%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.42 billion, up 0.43% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $12.88 per share and revenue of $11.69 billion. These totals would mark changes of +110.46% and +21.97%, respectively, from last year.Any recent changes to analyst estimates for DKS should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 7.12% higher. DKS is holding a Zacks Rank of #2 (Buy) right now.Looking at its valuation, DKS is holding a Forward P/E ratio of 8.79. Its industry sports an average Forward P/E of 12.45, so we one might conclude that DKS is trading at a discount comparatively.Also, we should mention that DKS has a PEG ratio of 0.7. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. DKS's industry had an average PEG ratio of 0.97 as of yesterday's close.The Retail - Miscellaneous industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 108, which puts it in the top 43% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.To follow DKS in the coming trading sessions, be sure to utilize Zacks.com. Time to Invest in Legal Marijuana If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027. After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%. You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.Today, Download Marijuana Moneymakers FREE >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DICK'S Sporting Goods, Inc. (DKS): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 12th, 2021

Mosaic (MOS) Dips More Than Broader Markets: What You Should Know

Mosaic (MOS) closed the most recent trading day at $41.45, moving -1.12% from the previous trading session. Mosaic (MOS) closed at $41.45 in the latest trading session, marking a -1.12% move from the prior day. This change lagged the S&P 500's daily loss of 0.24%.Prior to today's trading, shares of the fertilizer maker had gained 30.47% over the past month. This has outpaced the Basic Materials sector's loss of 3.15% and the S&P 500's loss of 2.12% in that time.MOS will be looking to display strength as it nears its next earnings release, which is expected to be November 1, 2021. The company is expected to report EPS of $1.68, up 630.43% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.83 billion, up 60.82% from the year-ago period.MOS's full-year Zacks Consensus Estimates are calling for earnings of $4.93 per share and revenue of $12.54 billion. These results would represent year-over-year changes of +480% and +44.5%, respectively.Investors might also notice recent changes to analyst estimates for MOS. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 1.23% higher. MOS currently has a Zacks Rank of #2 (Buy).Digging into valuation, MOS currently has a Forward P/E ratio of 8.5. For comparison, its industry has an average Forward P/E of 14.26, which means MOS is trading at a discount to the group.It is also worth noting that MOS currently has a PEG ratio of 1.21. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Fertilizers was holding an average PEG ratio of 1.5 at yesterday's closing price.The Fertilizers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 19, putting it in the top 8% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.To follow MOS in the coming trading sessions, be sure to utilize Zacks.com. Time to Invest in Legal Marijuana If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027. After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%. You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.Today, Download Marijuana Moneymakers FREE >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Mosaic Company (MOS): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 12th, 2021