High Tide Inc. (HITI) delivered earnings and revenue surprises of 28.57% and 6.13%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock? High Tide Inc. (HITI) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 28.57%. A quarter ago, it was expected that this company would post a loss of $0.05 per share when it actually produced a loss of $0.06, delivering a surprise of -20%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.High Tide Inc., which belongs to the Zacks Medical - Products industry, posted revenues of $87.68 million for the quarter ended January 2023, surpassing the Zacks Consensus Estimate by 6.13%. This compares to year-ago revenues of $57.02 million. The company has topped consensus revenue estimates four times over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.High Tide Inc. Shares have lost about 26% since the beginning of the year versus the S&P 500's gain of 3.2%.What's Next for High Tide Inc.While High Tide Inc. Has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for High Tide Inc. Unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.07 on $87.12 million in revenues for the coming quarter and -$0.17 on $359.98 million in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Products is currently in the bottom 42% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.Exagen Inc. (XGN), another stock in the same industry, has yet to report results for the quarter ended December 2022. The results are expected to be released on March 20.This company is expected to post quarterly loss of $0.71 per share in its upcoming report, which represents a year-over-year change of -69.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.Exagen Inc.'s revenues are expected to be $8.63 million, down 32% from the year-ago quarter. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 High Tide Inc. (HITI): Free Stock Analysis Report Exagen Inc. (XGN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

The Trade Desk (TTD) closed the most recent trading day at $58.51, moving -0.63% from the previous trading session. The Trade Desk (TTD) closed at $58.51 in the latest trading session, marking a -0.63% move from the prior day. This change was narrower than the S&P 500's daily loss of 1.1%. Meanwhile, the Dow lost 1.19%, and the Nasdaq, a tech-heavy index, lost 3.27%.Heading into today, shares of the digital-advertising platform operator had lost 6.64% over the past month, lagging the Computer and Technology sector's gain of 1.45% and the S&P 500's loss of 3.02% in that time.Investors will be hoping for strength from The Trade Desk as it approaches its next earnings release. The company is expected to report EPS of $0.14, down 33.33% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $363.74 million, up 15.35% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.16 per share and revenue of $1.88 billion. These totals would mark changes of +11.54% and +19.24%, respectively, from last year.Investors should also note any recent changes to analyst estimates for The Trade Desk. 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.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, 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. The Zacks Consensus EPS estimate has moved 7.19% lower within the past month. The Trade Desk is currently sporting a Zacks Rank of #3 (Hold).Looking at its valuation, The Trade Desk is holding a Forward P/E ratio of 50.95. This represents a premium compared to its industry's average Forward P/E of 22.53.Meanwhile, TTD's PEG ratio is currently 2.12. 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 - Services stocks are, on average, holding a PEG ratio of 1.39 based on yesterday's closing prices.The Internet - Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 79, putting it in the top 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.You can find more information on all of these metrics, and much more, on Zacks.com. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 Trade Desk (TTD): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

Fortinet (FTNT) closed the most recent trading day at $61.22, moving -1.07% from the previous trading session. In the latest trading session, Fortinet (FTNT) closed at $61.22, marking a -1.07% move from the previous day. This change was narrower than the S&P 500's 1.1% loss on the day. Meanwhile, the Dow lost 1.19%, and the Nasdaq, a tech-heavy index, lost 3.27%.Prior to today's trading, shares of the network security company had gained 0.8% over the past month. This has lagged the Computer and Technology sector's gain of 1.45% and outpaced the S&P 500's loss of 3.02% in that time.Fortinet will be looking to display strength as it nears its next earnings release. In that report, analysts expect Fortinet to post earnings of $0.28 per share. This would mark year-over-year growth of 47.37%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.2 billion, up 25.71% from the year-ago period.For the full year, our Zacks Consensus Estimates are projecting earnings of $1.41 per share and revenue of $5.41 billion, which would represent changes of +18.49% and +22.36%, respectively, from the prior year.It is also important to note the recent changes to analyst estimates for Fortinet. These revisions typically reflect the latest short-term business trends, which can change frequently. 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. Over the past month, the Zacks Consensus EPS estimate has moved 0.93% higher. Fortinet is currently sporting a Zacks Rank of #2 (Buy).Digging into valuation, Fortinet currently has a Forward P/E ratio of 43.85. This represents a premium compared to its industry's average Forward P/E of 29.38.Also, we should mention that FTNT has a PEG ratio of 2.44. 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. Security stocks are, on average, holding a PEG ratio of 2.33 based on yesterday's closing prices.The Security industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 98, putting it in the top 39% 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.To follow FTNT in the coming trading sessions, be sure to utilize Zacks.com. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

DecisionPoint Systems Inc. (DPSI) closed at $6.70 in the latest trading session, marking a +1.98% move from the prior day. DecisionPoint Systems Inc. (DPSI) closed the most recent trading day at $6.70, moving +1.98% from the previous trading session. The stock outpaced the S&P 500's daily loss of 1.1%. Elsewhere, the Dow lost 1.19%, while the tech-heavy Nasdaq lost 3.27%.Prior to today's trading, shares of the company had lost 15.77% over the past month. This has lagged the Computer and Technology sector's gain of 1.45% and the S&P 500's loss of 3.02% in that time.DecisionPoint Systems Inc. will be looking to display strength as it nears its next earnings release. In that report, analysts expect DecisionPoint Systems Inc. to post earnings of $0.01 per share. This would mark year-over-year growth of 110%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $17.6 million, up 6.8% from the year-ago period.It is also important to note the recent changes to analyst estimates for DecisionPoint Systems Inc.These recent revisions tend to reflect the evolving nature of short-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. DecisionPoint Systems Inc. is currently sporting a Zacks Rank of #3 (Hold).Valuation is also important, so investors should note that DecisionPoint Systems Inc. has a Forward P/E ratio of 15.28 right now. For comparison, its industry has an average Forward P/E of 27.35, which means DecisionPoint Systems Inc. is trading at a discount to the group.The Computer - Software industry is part of the Computer and Technology 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.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 DecisionPoint Systems Inc. (DPSI): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

Nike (NKE) closed at $120.39 in the latest trading session, marking a -0.22% move from the prior day. Nike (NKE) closed the most recent trading day at $120.39, moving -0.22% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.1%. Elsewhere, the Dow lost 1.19%, while the tech-heavy Nasdaq lost 3.27%.Prior to today's trading, shares of the athletic apparel maker had lost 3% over the past month. This has was narrower than the Consumer Discretionary sector's loss of 7.53% and the S&P 500's loss of 3.02% in that time.Nike will be looking to display strength as it nears its next earnings release, which is expected to be March 21, 2023. In that report, analysts expect Nike to post earnings of $0.51 per share. This would mark a year-over-year decline of 41.38%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $11.37 billion, up 4.62% from the year-ago period.For the full year, our Zacks Consensus Estimates are projecting earnings of $3.14 per share and revenue of $50 billion, which would represent changes of -16.27% and +7.04%, respectively, from the prior year.Investors might also notice recent changes to analyst estimates for Nike. 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. 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, 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 has moved 0.94% higher. Nike is currently sporting a Zacks Rank of #2 (Buy).In terms of valuation, Nike is currently trading at a Forward P/E ratio of 38.44. Its industry sports an average Forward P/E of 14.68, so we one might conclude that Nike is trading at a premium comparatively.Also, we should mention that NKE has a PEG ratio of 3.86. 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 Shoes and Retail Apparel industry currently had an average PEG ratio of 2.55 as of yesterday's close.The Shoes and Retail Apparel industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 174, putting it in the bottom 31% 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.To follow NKE in the coming trading sessions, be sure to utilize Zacks.com. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 NIKE, Inc. (NKE): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

Occidental Petroleum (OXY) closed the most recent trading day at $58.48, moving -0.95% from the previous trading session. Occidental Petroleum (OXY) closed at $58.48 in the latest trading session, marking a -0.95% move from the prior day. This change was narrower than the S&P 500's daily loss of 1.1%. Meanwhile, the Dow lost 1.19%, and the Nasdaq, a tech-heavy index, lost 3.27%.Coming into today, shares of the oil and gas exploration and production company had lost 5.54% in the past month. In that same time, the Oils-Energy sector lost 10.83%, while the S&P 500 lost 3.02%.Investors will be hoping for strength from Occidental Petroleum as it approaches its next earnings release. On that day, Occidental Petroleum is projected to report earnings of $1.41 per share, which would represent a year-over-year decline of 33.49%. Our most recent consensus estimate is calling for quarterly revenue of $7.71 billion, down 9.63% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $6.19 per share and revenue of $31.6 billion. These totals would mark changes of -33.8% and -14.81%, respectively, from last year.Any recent changes to analyst estimates for Occidental Petroleum should also be noted by investors. 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.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 5.46% lower. Occidental Petroleum is holding a Zacks Rank of #3 (Hold) right now.Looking at its valuation, Occidental Petroleum is holding a Forward P/E ratio of 9.54. Its industry sports an average Forward P/E of 10.66, so we one might conclude that Occidental Petroleum is trading at a discount comparatively.We can also see that OXY currently has a PEG ratio of 0.43. 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. OXY's industry had an average PEG ratio of 0.43 as of yesterday's close.The Oil and Gas - Integrated - United States industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 98, which puts it in the top 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.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 Occidental Petroleum Corporation (OXY): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

Marathon Petroleum (MPC) closed at $123.66 in the latest trading session, marking a -1.2% move from the prior day. Marathon Petroleum (MPC) closed at $123.66 in the latest trading session, marking a -1.2% move from the prior day. This move lagged the S&P 500's daily loss of 1.1%. At the same time, the Dow lost 1.19%, and the tech-heavy Nasdaq lost 3.27%.Prior to today's trading, shares of the refiner had lost 1.07% over the past month. This has was narrower than the Oils-Energy sector's loss of 10.83% and the S&P 500's loss of 3.02% in that time.Marathon Petroleum will be looking to display strength as it nears its next earnings release, which is expected to be May 2, 2023. In that report, analysts expect Marathon Petroleum to post earnings of $5.27 per share. This would mark year-over-year growth of 253.69%. Meanwhile, our latest consensus estimate is calling for revenue of $31.03 billion, down 19.15% from the prior-year quarter.MPC's full-year Zacks Consensus Estimates are calling for earnings of $19.88 per share and revenue of $130.11 billion. These results would represent year-over-year changes of -24.01% and -27.7%, respectively.Any recent changes to analyst estimates for Marathon Petroleum should also be noted by investors. 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.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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 11.66% higher. Marathon Petroleum is currently sporting a Zacks Rank of #2 (Buy).Investors should also note Marathon Petroleum's current valuation metrics, including its Forward P/E ratio of 6.3. This valuation marks a premium compared to its industry's average Forward P/E of 6.19.Meanwhile, MPC's PEG ratio is currently 0.22. 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 Oil and Gas - Refining and Marketing was holding an average PEG ratio of 0.65 at yesterday's closing price.The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 17, which puts it in the top 7% 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 MPC in the coming trading sessions, be sure to utilize Zacks.com. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 Marathon Petroleum Corporation (MPC): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

NRG Energy (NRG) closed at $31.48 in the latest trading session, marking a -0.41% move from the prior day. NRG Energy (NRG) closed at $31.48 in the latest trading session, marking a -0.41% move from the prior day. This change was narrower than the S&P 500's 1.1% loss on the day. Meanwhile, the Dow lost 1.19%, and the Nasdaq, a tech-heavy index, lost 3.27%.Coming into today, shares of the power company had lost 7.25% in the past month. In that same time, the Utilities sector lost 0.06%, while the S&P 500 lost 3.02%.Investors will be hoping for strength from NRG Energy as it approaches its next earnings release. On that day, NRG Energy is projected to report earnings of $0.20 per share, which would represent a year-over-year decline of 20%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $8.24 billion, up 4.31% from the year-ago period.NRG's full-year Zacks Consensus Estimates are calling for earnings of $4.73 per share and revenue of $27.17 billion. These results would represent year-over-year changes of +80.53% and -13.87%, respectively.Any recent changes to analyst estimates for NRG Energy should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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. Over the past month, the Zacks Consensus EPS estimate has moved 1.25% lower. NRG Energy is currently a Zacks Rank #3 (Hold).Investors should also note NRG Energy's current valuation metrics, including its Forward P/E ratio of 6.68. This represents a discount compared to its industry's average Forward P/E of 17.26.It is also worth noting that NRG currently has a PEG ratio of 6.08. 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 Utility - Electric Power was holding an average PEG ratio of 2.93 at yesterday's closing price.The Utility - Electric Power industry is part of the Utilities sector. This group has a Zacks Industry Rank of 97, putting it in the top 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.You can find more information on all of these metrics, and much more, on Zacks.com. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 NRG Energy, Inc. (NRG): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

In the latest trading session, Datadog (DDOG) closed at $68.62, marking a -0.85% move from the previous day. In the latest trading session, Datadog (DDOG) closed at $68.62, marking a -0.85% move from the previous day. This change was narrower than the S&P 500's 1.1% loss on the day. Meanwhile, the Dow lost 1.19%, and the Nasdaq, a tech-heavy index, lost 3.27%.Heading into today, shares of the data analytics and cloud monitoring company had lost 16.08% over the past month, lagging the Computer and Technology sector's gain of 1.45% and the S&P 500's loss of 3.02% in that time.Wall Street will be looking for positivity from Datadog as it approaches its next earnings report date. The company is expected to report EPS of $0.23, down 4.17% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $468.13 million, up 28.95% from the year-ago period.DDOG's full-year Zacks Consensus Estimates are calling for earnings of $1.05 per share and revenue of $2.08 billion. These results would represent year-over-year changes of +7.14% and +24.36%, respectively.Investors should also note any recent changes to analyst estimates for Datadog. 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. 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 has moved 24.14% higher within the past month. Datadog is currently a Zacks Rank #3 (Hold).Looking at its valuation, Datadog is holding a Forward P/E ratio of 65.81. This represents a premium compared to its industry's average Forward P/E of 40.65.We can also see that DDOG currently has a PEG ratio of 1.65. 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. DDOG's industry had an average PEG ratio of 1.66 as of yesterday's close.The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 57, which puts it in the top 23% 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. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 Datadog, Inc. (DDOG): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

Valero Energy (VLO) closed the most recent trading day at $126.37, moving -0.63% from the previous trading session. Valero Energy (VLO) closed the most recent trading day at $126.37, moving -0.63% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.1%. Elsewhere, the Dow lost 1.19%, while the tech-heavy Nasdaq lost 3.27%.Heading into today, shares of the oil refiner had lost 5.08% over the past month, outpacing the Oils-Energy sector's loss of 10.83% and lagging the S&P 500's loss of 3.02% in that time.Valero Energy will be looking to display strength as it nears its next earnings release, which is expected to be April 27, 2023. The company is expected to report EPS of $6.62, up 186.58% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $33.55 billion, down 12.94% from the prior-year quarter.VLO's full-year Zacks Consensus Estimates are calling for earnings of $24.37 per share and revenue of $148.89 billion. These results would represent year-over-year changes of -16.43% and -15.58%, respectively.Investors should also note any recent changes to analyst estimates for Valero Energy. 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. 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. The Zacks Consensus EPS estimate has moved 2.54% higher within the past month. Valero Energy is currently sporting a Zacks Rank of #1 (Strong Buy).In terms of valuation, Valero Energy is currently trading at a Forward P/E ratio of 5.22. This valuation marks a discount compared to its industry's average Forward P/E of 6.19.Also, we should mention that VLO has a PEG ratio of 0.87. 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 Oil and Gas - Refining and Marketing industry currently had an average PEG ratio of 0.65 as of yesterday's close.The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 17, which puts it in the top 7% 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.To follow VLO in the coming trading sessions, be sure to utilize Zacks.com. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 Valero Energy Corporation (VLO): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

ADT (ADT) closed the most recent trading day at $6.94, moving -0.86% from the previous trading session. ADT (ADT) closed the most recent trading day at $6.94, moving -0.86% from the previous trading session. This move was narrower than the S&P 500's daily loss of 1.1%. Meanwhile, the Dow lost 1.19%, and the Nasdaq, a tech-heavy index, lost 3.27%.Coming into today, shares of the home security company had lost 15.15% in the past month. In that same time, the Industrial Products sector lost 6.6%, while the S&P 500 lost 3.02%.ADT will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.13, up 1400% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.62 billion, up 5.13% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.74 per share and revenue of $6.67 billion. These totals would mark changes of +208.33% and +4.35%, respectively, from last year.Any recent changes to analyst estimates for ADT should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-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.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 5.56% lower. ADT is currently sporting a Zacks Rank of #5 (Strong Sell).Digging into valuation, ADT currently has a Forward P/E ratio of 9.46. This valuation marks a discount compared to its industry's average Forward P/E of 18.85.The Security and Safety Services industry is part of the Industrial Products sector. This industry currently has a Zacks Industry Rank of 89, which puts it in the top 36% 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.To follow ADT in the coming trading sessions, be sure to utilize Zacks.com. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 ADT Inc. (ADT): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

HF Sinclair (DINO) closed at $47.19 in the latest trading session, marking a -0.4% move from the prior day. HF Sinclair (DINO) closed at $47.19 in the latest trading session, marking a -0.4% move from the prior day. This move was narrower than the S&P 500's daily loss of 1.1%. Elsewhere, the Dow lost 1.19%, while the tech-heavy Nasdaq lost 3.27%.Prior to today's trading, shares of the independent energy company had lost 11.95% over the past month. This has lagged the Oils-Energy sector's loss of 10.83% and the S&P 500's loss of 3.02% in that time.Investors will be hoping for strength from HF Sinclair as it approaches its next earnings release. On that day, HF Sinclair is projected to report earnings of $1.61 per share, which would represent year-over-year growth of 62.63%. Meanwhile, our latest consensus estimate is calling for revenue of $6.71 billion, down 10.01% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $8.96 per share and revenue of $28.2 billion. These totals would mark changes of -39.17% and -26.19%, respectively, from last year.Investors might also notice recent changes to analyst estimates for HF Sinclair. 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.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.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 has moved 0.79% lower. HF Sinclair is currently sporting a Zacks Rank of #3 (Hold).Looking at its valuation, HF Sinclair is holding a Forward P/E ratio of 5.29. Its industry sports an average Forward P/E of 19.42, so we one might conclude that HF Sinclair is trading at a discount comparatively.Meanwhile, DINO's PEG ratio is currently 0.46. 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. Alternative Energy - Other stocks are, on average, holding a PEG ratio of 1.57 based on yesterday's closing prices.The Alternative Energy - Other industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 178, putting it in the bottom 30% 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. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 HF Sinclair Corporation (DINO): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

Southern Copper (SCCO) closed the most recent trading day at $68.11, moving -0.58% from the previous trading session. Southern Copper (SCCO) closed at $68.11 in the latest trading session, marking a -0.58% move from the prior day. This change was narrower than the S&P 500's 1.1% loss on the day. Elsewhere, the Dow lost 1.19%, while the tech-heavy Nasdaq lost 3.27%.Coming into today, shares of the miner had lost 9.97% in the past month. In that same time, the Basic Materials sector lost 6.89%, while the S&P 500 lost 3.02%.Southern Copper will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.92, down 9.8% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.61 billion, down 5.53% from the year-ago period.For the full year, our Zacks Consensus Estimates are projecting earnings of $3.38 per share and revenue of $9.83 billion, which would represent changes of -0.88% and -2.14%, respectively, from the prior year.Investors should also note any recent changes to analyst estimates for Southern Copper. 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.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.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 0.39% lower. Southern Copper currently has a Zacks Rank of #3 (Hold).Valuation is also important, so investors should note that Southern Copper has a Forward P/E ratio of 20.25 right now. This valuation marks a premium compared to its industry's average Forward P/E of 15.09.It is also worth noting that SCCO currently has a PEG ratio of 3.71. 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. Mining - Non Ferrous stocks are, on average, holding a PEG ratio of 3.71 based on yesterday's closing prices.The Mining - Non Ferrous industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 187, which puts it in the bottom 26% 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 SCCO in the coming trading sessions, be sure to utilize Zacks.com. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 Southern Copper Corporation (SCCO): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

PBF Energy (PBF) closed the most recent trading day at $40.42, moving -0.3% from the previous trading session. PBF Energy (PBF) closed the most recent trading day at $40.42, moving -0.3% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.1%. Meanwhile, the Dow lost 1.19%, and the Nasdaq, a tech-heavy index, lost 3.27%.Prior to today's trading, shares of the refiner had lost 9.79% over the past month. This has was narrower than the Oils-Energy sector's loss of 10.83% and lagged the S&P 500's loss of 3.02% in that time.Investors will be hoping for strength from PBF Energy as it approaches its next earnings release. In that report, analysts expect PBF Energy to post earnings of $2.65 per share. This would mark year-over-year growth of 657.14%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $8.7 billion, down 4.85% from the year-ago period.PBF's full-year Zacks Consensus Estimates are calling for earnings of $10.71 per share and revenue of $37.45 billion. These results would represent year-over-year changes of -54.15% and -20.03%, respectively.Any recent changes to analyst estimates for PBF Energy 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.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 1.16% higher within the past month. PBF Energy currently has a Zacks Rank of #3 (Hold).Looking at its valuation, PBF Energy is holding a Forward P/E ratio of 3.78. This valuation marks a discount compared to its industry's average Forward P/E of 6.19.The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 17, which puts it in the top 7% 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. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 PBF Energy Inc. (PBF): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

In the latest trading session, MPLX LP (MPLX) closed at $33.59, marking a -0.36% move from the previous day. MPLX LP (MPLX) closed at $33.59 in the latest trading session, marking a -0.36% move from the prior day. This change was narrower than the S&P 500's daily loss of 1.1%. Elsewhere, the Dow lost 1.19%, while the tech-heavy Nasdaq lost 3.27%.Heading into today, shares of the company had lost 4.01% over the past month, outpacing the Oils-Energy sector's loss of 10.83% and lagging the S&P 500's loss of 3.02% in that time.Investors will be hoping for strength from MPLX LP as it approaches its next earnings release, which is expected to be May 2, 2023. The company is expected to report EPS of $0.84, up 7.69% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $2.58 billion, down 1.33% from the prior-year quarter.MPLX's full-year Zacks Consensus Estimates are calling for earnings of $3.47 per share and revenue of $10.34 billion. These results would represent year-over-year changes of -7.47% and -10.96%, respectively.Investors might also notice recent changes to analyst estimates for MPLX LP. 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.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.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 remained stagnant within the past month. MPLX LP is currently a Zacks Rank #3 (Hold).Digging into valuation, MPLX LP currently has a Forward P/E ratio of 9.72. This represents a discount compared to its industry's average Forward P/E of 13.99.The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 29, which puts it in the top 12% 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. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 MPLX LP (MPLX): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

In the latest trading session, Suzano S.A. Sponsored ADR (SUZ) closed at $8.25, marking a -1.9% move from the previous day. Suzano S.A. Sponsored ADR (SUZ) closed at $8.25 in the latest trading session, marking a -1.9% move from the prior day. This change lagged the S&P 500's daily loss of 1.1%. Elsewhere, the Dow lost 1.19%, while the tech-heavy Nasdaq lost 3.27%.Heading into today, shares of the company had lost 8.09% over the past month, lagging the Basic Materials sector's loss of 6.89% and the S&P 500's loss of 3.02% in that time.Investors will be hoping for strength from Suzano S.A. Sponsored ADR as it approaches its next earnings release.It is also important to note the recent changes to analyst estimates for Suzano S.A. Sponsored ADR. 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.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.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 12.64% higher. Suzano S.A. Sponsored ADR is holding a Zacks Rank of #3 (Hold) right now.Valuation is also important, so investors should note that Suzano S.A. Sponsored ADR has a Forward P/E ratio of 4.29 right now. For comparison, its industry has an average Forward P/E of 7.35, which means Suzano S.A. Sponsored ADR is trading at a discount to the group.It is also worth noting that SUZ currently has a PEG ratio of 0.62. 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 Paper and Related Products was holding an average PEG ratio of 0.9 at yesterday's closing price.The Paper and Related Products industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 232, putting it in the bottom 8% 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. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 Suzano S.A. Sponsored ADR (SUZ): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

Coupang, Inc. (CPNG) closed at $13.16 in the latest trading session, marking a -0.9% move from the prior day. Coupang, Inc. (CPNG) closed the most recent trading day at $13.16, moving -0.9% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.1%. At the same time, the Dow lost 1.19%, and the tech-heavy Nasdaq lost 3.27%.Coming into today, shares of the company had lost 17.87% in the past month. In that same time, the Retail-Wholesale sector lost 5.15%, while the S&P 500 lost 3.02%.Investors will be hoping for strength from Coupang, Inc. as it approaches its next earnings release. On that day, Coupang, Inc. is projected to report earnings of $0.14 per share, which would represent year-over-year growth of 216.67%. Meanwhile, our latest consensus estimate is calling for revenue of $5.63 billion, up 10.01% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.30 per share and revenue of $23.63 billion. These totals would mark changes of +700% and +14.83%, respectively, from last year.Investors might also notice recent changes to analyst estimates for Coupang, Inc.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.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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Coupang, Inc. is holding a Zacks Rank of #3 (Hold) right now.In terms of valuation, Coupang, Inc. is currently trading at a Forward P/E ratio of 43.78. This valuation marks a premium compared to its industry's average Forward P/E of 19.21.The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 57, putting it in the top 23% 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. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 Coupang, Inc. (CPNG): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

In the latest trading session, Silica Holdings (SLCA) closed at $10.94, marking a -0.18% move from the previous day. In the latest trading session, Silica Holdings (SLCA) closed at $10.94, marking a -0.18% move from the previous day. This change was narrower than the S&P 500's 1.1% loss on the day. Meanwhile, the Dow lost 1.19%, and the Nasdaq, a tech-heavy index, lost 3.27%.Coming into today, shares of the commercial silica producer had lost 8.97% in the past month. In that same time, the Basic Materials sector lost 6.89%, while the S&P 500 lost 3.02%.Wall Street will be looking for positivity from Silica Holdings as it approaches its next earnings report date. On that day, Silica Holdings is projected to report earnings of $0.46 per share, which would represent year-over-year growth of 2400%. Our most recent consensus estimate is calling for quarterly revenue of $432.2 million, up 41.76% from the year-ago period.SLCA's full-year Zacks Consensus Estimates are calling for earnings of $1.72 per share and revenue of $1.71 billion. These results would represent year-over-year changes of +45.76% and +11.79%, respectively.Investors should also note any recent changes to analyst estimates for Silica Holdings. 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.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 19.44% higher. Silica Holdings currently has a Zacks Rank of #3 (Hold).Digging into valuation, Silica Holdings currently has a Forward P/E ratio of 6.37. This valuation marks a discount compared to its industry's average Forward P/E of 9.84.The Mining - Miscellaneous industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 76, which puts it in the top 31% 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. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 U.S. Silica Holdings, Inc. (SLCA): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

In the latest trading session, GameStop (GME) closed at $16.60, marking a -0.95% move from the previous day. GameStop (GME) closed the most recent trading day at $16.60, moving -0.95% from the previous trading session. This move was narrower than the S&P 500's daily loss of 1.1%. Meanwhile, the Dow lost 1.19%, and the Nasdaq, a tech-heavy index, lost 3.27%.Heading into today, shares of the video game retailer had lost 22.41% over the past month, lagging the Retail-Wholesale sector's loss of 5.15% and the S&P 500's loss of 3.02% in that time.Wall Street will be looking for positivity from GameStop as it approaches its next earnings report date. This is expected to be March 21, 2023. The company is expected to report EPS of -$0.16, up 65.96% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $2.17 billion, down 3.82% from the prior-year quarter.It is also important to note the recent changes to analyst estimates for GameStop. 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. 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 remained stagnant within the past month. GameStop is currently a Zacks Rank #3 (Hold).The Retail - Consumer Electronics industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 98, which puts it in the top 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.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 GameStop Corp. (GME): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»

In the latest trading session, Teekay Tankers (TNK) closed at $40.94, marking a -1.54% move from the previous day. In the latest trading session, Teekay Tankers (TNK) closed at $40.94, marking a -1.54% move from the previous day. This change lagged the S&P 500's 1.1% loss on the day. Meanwhile, the Dow lost 1.19%, and the Nasdaq, a tech-heavy index, lost 3.27%.Coming into today, shares of the oil and gas shipping company had gained 7.66% in the past month. In that same time, the Transportation sector lost 3.64%, while the S&P 500 lost 3.02%.Wall Street will be looking for positivity from Teekay Tankers as it approaches its next earnings report date. In that report, analysts expect Teekay Tankers to post earnings of $4.29 per share. This would mark year-over-year growth of 1146.34%.For the full year, our Zacks Consensus Estimates are projecting earnings of $11.32 per share and revenue of $758.78 million, which would represent changes of +77.15% and +33.7%, respectively, from the prior year.It is also important to note the recent changes to analyst estimates for Teekay Tankers. These revisions typically reflect the latest short-term business trends, which can change frequently. 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. Over the past month, the Zacks Consensus EPS estimate has moved 53.22% higher. Teekay Tankers is currently a Zacks Rank #3 (Hold).Looking at its valuation, Teekay Tankers is holding a Forward P/E ratio of 3.67. Its industry sports an average Forward P/E of 5.55, so we one might conclude that Teekay Tankers is trading at a discount comparatively.We can also see that TNK currently has a PEG ratio of 1.22. 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. TNK's industry had an average PEG ratio of 1.22 as of yesterday's close.The Transportation - Shipping industry is part of the Transportation sector. This group has a Zacks Industry Rank of 210, putting it in the bottom 17% 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. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >>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 Teekay Tankers Ltd. (TNK): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research.....»»