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3 Oil Refiners to Gain as EPA Considers a Blending Requirement Cut

It's time to keep an eye on oil refiners since the biofuel blending requirements could possibly get substantially lowered. Valero (VLO), PBF Energy (PBF) and Phillips 66 (PSX) are well poised to gain. The overall business environment for energy companies is improving at a healthy pace from the coronavirus onslaught. It’s thus time to keep a close eye on oil refiners since the biofuel blending requirements could possibly get lowered to a great extent.EPA Considers to Lower US Biofuel Blending RequirementThe Biden administration is proposing to drastically lower the requirement for the nation's biofuel blending, per Reuters. This comes across as a favor for the oil industry after the coronavirus pandemic dented worldwide demand for gasoline.The biofuel policy of the country is being administered by President Biden's Environmental Protection Agency (EPA). The blending mandates for 2020 and 2021 will likely be lowered to about 17.1 billion gallons and 18.6 billion gallons, respectively, per the document cited by Reuters. Thus, as compared to the 20.1 billion gallons level, that was confirmed for last year before the pandemic wreaked havoc on the energy market, the proposed levels are considerably lower.The report cited that oil refining companies will possibly blend 20.8 billion gallons of renewable fuel into the nation's fuel mix for the 2022 compliance year. It has been cautioned by administrative officials that they have not finalized the numbers, which are awaiting further revisions. No comment on this event has still been made by the EPA.Stocks to GainIf the proposals are adopted, it would be a big win for oil refiners. This is because with lower renewable fuel been blended, biofuel blending costs will likely reduce. We are presenting three refining stocks that should be on investors’ radar as these could probably gain following the adoption of the proposal. Each of the stocks carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Valero Energy Corporation VLO, having operating interests in 15 petroleum refineries in the United States, Canada and the United Kingdom, gained 3.2% yesterday on the news. The company is also likely to generate strong cashflows on the back of rising gasoline demand since coronavirus vaccines are being rolled out at a massive scale. Over the past seven days, the stock has seen upward earnings estimate revisions for 2021.PBF Energy Inc. PBF gained 10.8% yesterday on the news. In the United States, the company is among the largest independent petroleum refiners. Improving fuel demand is also aiding the stock. In 2021, the company is likely to see bottom-line growth of 54.9%.Phillips 66 PSX is among the largest refiners in the world and gained 4.2% on the news. It is also being aided by improving fuel demand. In the past seven days, the stock has seen upward earnings estimate revisions for 2021.  More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.Click here for the 4 trades >>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 Report Phillips 66 (PSX): Free Stock Analysis Report PBF Energy Inc. (PBF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksSep 23rd, 2021

TIIAY or TLSYY: Which Is the Better Value Stock Right Now?

TIIAY vs. TLSYY: Which Stock Is the Better Value Option? Investors with an interest in Diversified Communication Services stocks have likely encountered both Telecom Italia (TIIAY) and Telstra Corp. (TLSYY). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.Telecom Italia has a Zacks Rank of #2 (Buy), while Telstra Corp. has a Zacks Rank of #3 (Hold) right now. This means that TIIAY's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is only part of the picture for value investors.Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.TIIAY currently has a forward P/E ratio of 20.38, while TLSYY has a forward P/E of 27.83. We also note that TIIAY has a PEG ratio of 3.11. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. TLSYY currently has a PEG ratio of 3.31.Another notable valuation metric for TIIAY is its P/B ratio of 0.23. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, TLSYY has a P/B of 3.Based on these metrics and many more, TIIAY holds a Value grade of A, while TLSYY has a Value grade of C.TIIAY is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that TIIAY is likely the superior value option right now. 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 Telecom Italia S.P.A. (TIIAY): Free Stock Analysis Report Telstra Corp. (TLSYY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks9 hr. 10 min. ago

Is Best Buy (BBY) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.One company value investors might notice is Best Buy (BBY). BBY is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock is trading with a P/E ratio of 11.48, which compares to its industry's average of 18.90. Over the past 52 weeks, BBY's Forward P/E has been as high as 16.87 and as low as 10.83, with a median of 14.07.Investors should also note that BBY holds a PEG ratio of 1.52. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. BBY's industry currently sports an average PEG of 2.05. Over the past 52 weeks, BBY's PEG has been as high as 2.28 and as low as 1.26, with a median of 1.57.Another valuation metric that we should highlight is BBY's P/B ratio of 6.29. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 9.59. Over the past 12 months, BBY's P/B has been as high as 8.28 and as low as 5.55, with a median of 6.70.Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. BBY has a P/S ratio of 0.53. This compares to its industry's average P/S of 1.38.Finally, investors should note that BBY has a P/CF ratio of 8.26. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 10.69. Over the past 52 weeks, BBY's P/CF has been as high as 12.91 and as low as 7.81, with a median of 10.43.Value investors will likely look at more than just these metrics, but the above data helps show that Best Buy is likely undervalued currently. And when considering the strength of its earnings outlook, BBY sticks out at as one of the market's strongest value stocks. 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 Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks9 hr. 10 min. ago

Is HP (HPQ) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.One company to watch right now is HP (HPQ). HPQ is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value.We also note that HPQ holds a PEG ratio of 0.86. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. HPQ's PEG compares to its industry's average PEG of 1.88. Over the last 12 months, HPQ's PEG has been as high as 4.30 and as low as 0.86, with a median of 1.22.Finally, investors should note that HPQ has a P/CF ratio of 6.54. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. HPQ's current P/CF looks attractive when compared to its industry's average P/CF of 25.92. HPQ's P/CF has been as high as 11.14 and as low as 6.54, with a median of 8.39, all within the past year.These are only a few of the key metrics included in HP's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, HPQ looks like an impressive value stock at the moment. 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 HP Inc. (HPQ): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks9 hr. 10 min. ago

Should Value Investors Buy Safe Bulkers (SB) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.Safe Bulkers (SB) is a stock many investors are watching right now. SB is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock holds a P/E ratio of 4.19, while its industry has an average P/E of 5.07. SB's Forward P/E has been as high as 10.65 and as low as 2.91, with a median of 5.59, all within the past year.Finally, we should also recognize that SB has a P/CF ratio of 3.52. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 6.35. Over the past 52 weeks, SB's P/CF has been as high as 7.40 and as low as 2.30, with a median of 3.53.These are just a handful of the figures considered in Safe Bulkers's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that SB is an impressive value stock right now. 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 Safe Bulkers, Inc (SB): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks9 hr. 10 min. ago

Adobe Systems (ADBE) Gains But Lags Market: What You Should Know

Adobe Systems (ADBE) closed at $610.09 in the latest trading session, marking a +0.42% move from the prior day. In the latest trading session, Adobe Systems (ADBE) closed at $610.09, marking a +0.42% move from the previous day. This change lagged the S&P 500's 0.75% gain on the day.Prior to today's trading, shares of the software maker had lost 8.66% over the past month. This has lagged the Computer and Technology sector's loss of 2.38% and the S&P 500's loss of 0.05% in that time.ADBE will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $3.18, up 13.17% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.08 billion, up 19.17% from the year-ago period.ADBE's full-year Zacks Consensus Estimates are calling for earnings of $12.46 per share and revenue of $15.75 billion. These results would represent year-over-year changes of +23.37% and +22.43%, respectively.Investors should also note any recent changes to analyst estimates for ADBE. 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.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. Within the past 30 days, our consensus EPS projection has moved 2.39% higher. ADBE is currently sporting a Zacks Rank of #2 (Buy).Digging into valuation, ADBE currently has a Forward P/E ratio of 48.76. This valuation marks a premium compared to its industry's average Forward P/E of 35.02.Investors should also note that ADBE has a PEG ratio of 2.56 right now. 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 Computer - Software industry currently had an average PEG ratio of 2.98 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 163, which puts it in the bottom 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.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 Adobe Inc. (ADBE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks9 hr. 10 min. ago

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: zacks9 hr. 10 min. ago

Plug Power (PLUG) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Plug Power (PLUG) closed at $31.23, marking a -1.82% move from the previous day. Plug Power (PLUG) closed at $31.23 in the latest trading session, marking a -1.82% move from the prior day. This change lagged the S&P 500's 0.75% gain on the day.Coming into today, shares of the alternative energy company had gained 27.39% in the past month. In that same time, the Industrial Products sector lost 2.53%, while the S&P 500 lost 0.05%.Wall Street will be looking for positivity from PLUG as it approaches its next earnings report date. In that report, analysts expect PLUG to post earnings of -$0.09 per share. This would mark year-over-year growth of 18.18%. Meanwhile, our latest consensus estimate is calling for revenue of $150.04 million, up 40.24% from the prior-year quarter.Any recent changes to analyst estimates for PLUG should also be noted by investors. 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 1.68% lower. PLUG is currently sporting a Zacks Rank of #5 (Strong Sell).The Manufacturing - Electronics industry is part of the Industrial Products sector. This group has a Zacks Industry Rank of 240, putting it in the bottom 6% 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. 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 Plug Power, Inc. (PLUG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks9 hr. 10 min. ago

Zscaler (ZS) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Zscaler (ZS) closed at $292.70, marking a -0.4% move from the previous day. Zscaler (ZS) closed the most recent trading day at $292.70, moving -0.4% from the previous trading session. This change lagged the S&P 500's 0.75% gain on the day.Coming into today, shares of the cloud-based information security provider had gained 7.11% 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 ZS as it approaches its next earnings release. The company is expected to report EPS of $0.12, down 14.29% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $212.29 million, up 48.89% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.55 per share and revenue of $951.11 million. These totals would mark changes of +5.77% and +41.3%, respectively, from last year.Investors might also notice recent changes to analyst estimates for ZS. 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.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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. ZS is holding a Zacks Rank of #5 (Strong Sell) right now.Valuation is also important, so investors should note that ZS has a Forward P/E ratio of 533.27 right now. For comparison, its industry has an average Forward P/E of 27.74, which means ZS is trading at a premium to the group.It is also worth noting that ZS currently has a PEG ratio of 15.48. 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. ZS's industry had an average PEG ratio of 4.19 as of yesterday's close.The Internet - Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 154, which puts it in the bottom 40% 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 Zscaler, Inc. (ZS): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks9 hr. 10 min. ago

Restoration Hardware (RH) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Restoration Hardware (RH) closed at $659.07, marking a +0.85% move from the previous day. Restoration Hardware (RH) closed the most recent trading day at $659.07, moving +0.85% from the previous trading session. This change outpaced the S&P 500's 0.75% gain on the day.Coming into today, shares of the furniture and housewares company had lost 4.66% in the past month. In that same time, the Retail-Wholesale sector lost 2.43%, while the S&P 500 lost 0.05%.Investors will be hoping for strength from RH as it approaches its next earnings release. The company is expected to report EPS of $6.70, up 8.06% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $985.98 million, up 16.71% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $25.90 per share and revenue of $3.76 billion. These totals would mark changes of +45.26% and +31.91%, respectively, from last year.Investors might also notice recent changes to analyst estimates for RH. 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.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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. RH is holding a Zacks Rank of #1 (Strong Buy) right now.Valuation is also important, so investors should note that RH has a Forward P/E ratio of 25.24 right now. For comparison, its industry has an average Forward P/E of 15.15, which means RH is trading at a premium to the group.It is also worth noting that RH currently has a PEG ratio of 1.34. 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. RH's industry had an average PEG ratio of 1.34 as of yesterday's close.The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 45, which puts it in the top 18% 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 RH (RH): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks9 hr. 10 min. ago

FNF Group (FNF) Gains But Lags Market: What You Should Know

In the latest trading session, FNF Group (FNF) closed at $49.12, marking a +0.33% move from the previous day. FNF Group (FNF) closed at $49.12 in the latest trading session, marking a +0.33% move from the prior day. This change lagged the S&P 500's 0.75% gain on the day.Prior to today's trading, shares of the provider of title insurance and mortgage services had gained 5.84% over the past month. This has outpaced the Finance sector's gain of 1.42% and the S&P 500's loss of 0.05% in that time.Investors will be hoping for strength from FNF as it approaches its next earnings release. In that report, analysts expect FNF to post earnings of $1.74 per share. This would mark year-over-year growth of 17.57%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.36 billion, up 12.87% from the year-ago period.FNF's full-year Zacks Consensus Estimates are calling for earnings of $6.67 per share and revenue of $13.15 billion. These results would represent year-over-year changes of +24.91% and +22.04%, respectively.Investors should also note any recent changes to analyst estimates for FNF. 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.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. Over the past month, the Zacks Consensus EPS estimate has moved 0.83% higher. FNF is holding a Zacks Rank of #2 (Buy) right now.Investors should also note FNF's current valuation metrics, including its Forward P/E ratio of 7.34. For comparison, its industry has an average Forward P/E of 15.1, which means FNF is trading at a discount to the group.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 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 FNF in the coming trading sessions, be sure to utilize 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 Fidelity National Financial, Inc. (FNF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks9 hr. 10 min. ago

Innovative Industrial Properties (IIPR) Stock Sinks As Market Gains: What You Should Know

Innovative Industrial Properties (IIPR) closed at $239.05 in the latest trading session, marking a -1.56% move from the prior day. In the latest trading session, Innovative Industrial Properties (IIPR) closed at $239.05, marking a -1.56% 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 company had gained 3.13% over the past month. This has outpaced the Finance sector's gain of 1.42% and the S&P 500's loss of 0.05% in that time.Wall Street will be looking for positivity from IIPR as it approaches its next earnings report date. The company is expected to report EPS of $1.72, up 34.38% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $52.8 million, up 53.8% from the prior-year quarter.For the full year, our Zacks Consensus Estimates are projecting earnings of $6.71 per share and revenue of $200.8 million, which would represent changes of +34.2% and +71.78%, respectively, from the prior year.It is also important to note the recent changes to analyst estimates for IIPR. 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 0.23% lower. IIPR is currently a Zacks Rank #3 (Hold).Looking at its valuation, IIPR is holding a Forward P/E ratio of 36.19. For comparison, its industry has an average Forward P/E of 18.67, which means IIPR is trading at a premium to the group.The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 78, putting it in the top 31% 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. 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 Innovative Industrial Properties, Inc. (IIPR): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks9 hr. 10 min. ago

Olin (OLN) Outpaces Stock Market Gains: What You Should Know

Olin (OLN) closed the most recent trading day at $49.21, moving +1.13% from the previous trading session. Olin (OLN) closed at $49.21 in the latest trading session, marking a +1.13% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.75%.Coming into today, shares of the chlor-alkali and ammunition producer'had lost 0.33% in the past month. In that same time, the Basic Materials sector gained 1%, while the S&P 500 lost 0.05%.Investors will be hoping for strength from OLN as it approaches its next earnings release, which is expected to be October 21, 2021. In that report, analysts expect OLN to post earnings of $2.07 per share. This would mark year-over-year growth of 1135%. Meanwhile, our latest consensus estimate is calling for revenue of $2.38 billion, up 65.55% from the prior-year quarter.For the full year, our Zacks Consensus Estimates are projecting earnings of $7.59 per share and revenue of $8.55 billion, which would represent changes of +662.22% and +48.52%, respectively, from the prior year.Any recent changes to analyst estimates for OLN 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.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.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 2.11% higher within the past month. OLN is currently a Zacks Rank #1 (Strong Buy).In terms of valuation, OLN is currently trading at a Forward P/E ratio of 6.42. Its industry sports an average Forward P/E of 12.7, so we one might conclude that OLN is trading at a discount comparatively.Also, we should mention that OLN has a PEG ratio of 0.12. 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 Chemical - Diversified industry currently had an average PEG ratio of 1.16 as of yesterday's close.The Chemical - Diversified industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 195, putting it in the bottom 24% 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 Olin Corporation (OLN): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks9 hr. 10 min. ago

Oracle (ORCL) Gains But Lags Market: What You Should Know

Oracle (ORCL) closed the most recent trading day at $95.33, moving +0.05% from the previous trading session. Oracle (ORCL) closed at $95.33 in the latest trading session, marking a +0.05% move from the prior day. The stock lagged the S&P 500's daily gain of 0.75%.Coming into today, shares of the software maker had gained 9.2% 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 ORCL as it approaches its next earnings release. In that report, analysts expect ORCL to post earnings of $1.11 per share. This would mark year-over-year growth of 4.72%. Meanwhile, our latest consensus estimate is calling for revenue of $10.21 billion, up 4.2% from the prior-year quarter.For the full year, our Zacks Consensus Estimates are projecting earnings of $4.65 per share and revenue of $42.23 billion, which would represent changes of -0.43% and +4.32%, respectively, from the prior year.Any recent changes to analyst estimates for ORCL 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.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.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 0.18% lower within the past month. ORCL is currently a Zacks Rank #4 (Sell).In terms of valuation, ORCL is currently trading at a Forward P/E ratio of 20.47. Its industry sports an average Forward P/E of 35.02, so we one might conclude that ORCL is trading at a discount comparatively.Also, we should mention that ORCL has a PEG ratio of 2.41. 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 2.98 as of yesterday's close.The Computer - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 163, putting it in the bottom 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 Oracle Corporation (ORCL): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks9 hr. 10 min. ago

Shell Oil (RDS.A) Outpaces Stock Market Gains: What You Should Know

Shell Oil (RDS.A) closed at $48.71 in the latest trading session, marking a +1.29% move from the prior day. Shell Oil (RDS.A) closed at $48.71 in the latest trading session, marking a +1.29% move from the prior day. This move outpaced the S&P 500's daily gain of 0.75%.Prior to today's trading, shares of the oil and gas company had gained 17.69% over the past month. This has outpaced the Oils-Energy sector's gain of 14.35% and the S&P 500's loss of 0.05% in that time.Wall Street will be looking for positivity from RDS.A as it approaches its next earnings report date. This is expected to be October 28, 2021. On that day, RDS.A is projected to report earnings of $1.37 per share, which would represent year-over-year growth of 470.83%.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $5.38 per share and revenue of $349.45 billion. These totals would mark changes of +333.87% and +90.75%, respectively, from last year.Any recent changes to analyst estimates for RDS.A 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.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. The Zacks Consensus EPS estimate has moved 6.06% higher within the past month. RDS.A currently has a Zacks Rank of #1 (Strong Buy).Investors should also note RDS.A's current valuation metrics, including its Forward P/E ratio of 8.94. Its industry sports an average Forward P/E of 8.67, so we one might conclude that RDS.A is trading at a premium comparatively.Investors should also note that RDS.A has a PEG ratio of 2.23 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. The Oil and Gas - Integrated - International industry currently had an average PEG ratio of 0.64 as of yesterday's close.The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 19, which puts it in the top 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.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 Royal Dutch Shell PLC (RDS.A): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks9 hr. 10 min. ago

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: zacks9 hr. 10 min. ago

Texas Instruments (TXN) Outpaces Stock Market Gains: What You Should Know

Texas Instruments (TXN) closed at $194.45 in the latest trading session, marking a +1.02% move from the prior day. Texas Instruments (TXN) closed at $194.45 in the latest trading session, marking a +1.02% move from the prior day. This change outpaced the S&P 500's 0.75% gain on the day.Prior to today's trading, shares of the chipmaker had lost 2.2% over the past month. This has was narrower than the Computer and Technology sector's loss of 2.38% and lagged the S&P 500's loss of 0.05% in that time.TXN will be looking to display strength as it nears its next earnings release, which is expected to be October 26, 2021. In that report, analysts expect TXN to post earnings of $2.06 per share. This would mark year-over-year growth of 42.07%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.69 billion, up 23% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $7.92 per share and revenue of $18.04 billion. These totals would mark changes of +32.66% and +24.75%, respectively, from last year.It is also important to note the recent changes to analyst estimates for TXN. 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. 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 0.65% higher. TXN is holding a Zacks Rank of #2 (Buy) right now.In terms of valuation, TXN is currently trading at a Forward P/E ratio of 24.32. This represents a premium compared to its industry's average Forward P/E of 19.21.Meanwhile, TXN's PEG ratio is currently 2.61. 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 Semiconductor - General industry currently had an average PEG ratio of 2.65 as of yesterday's close.The Semiconductor - General industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 43, which puts it in the top 17% 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. 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 Texas Instruments Incorporated (TXN): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks9 hr. 10 min. ago

Union Pacific (UNP) Outpaces Stock Market Gains: What You Should Know

Union Pacific (UNP) closed at $225.16 in the latest trading session, marking a +1.73% move from the prior day. Union Pacific (UNP) closed at $225.16 in the latest trading session, marking a +1.73% move from the prior day. This change outpaced the S&P 500's 0.75% gain on the day.Prior to today's trading, shares of the railroad had gained 8.8% over the past month. This has outpaced the Transportation sector's gain of 0.85% and the S&P 500's loss of 0.05% in that time.UNP will be looking to display strength as it nears its next earnings release, which is expected to be October 21, 2021. In that report, analysts expect UNP to post earnings of $2.53 per share. This would mark year-over-year growth of 25.87%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.51 billion, up 12.07% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $9.93 per share and revenue of $21.58 billion. These totals would mark changes of +21.25% and +10.49%, respectively, from last year.It is also important to note the recent changes to analyst estimates for UNP. 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. 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 0.85% lower. UNP is holding a Zacks Rank of #4 (Sell) right now.In terms of valuation, UNP is currently trading at a Forward P/E ratio of 22.28. This represents a discount compared to its industry's average Forward P/E of 22.56.Meanwhile, UNP's PEG ratio is currently 2.23. 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 Transportation - Rail industry currently had an average PEG ratio of 2.23 as of yesterday's close.The Transportation - Rail industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 230, which puts it in the bottom 10% 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. 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 Union Pacific Corporation (UNP): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks9 hr. 10 min. ago

Are These Retail-Wholesale Stocks Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.One stock to keep an eye on is AutoNation AN. AN is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value.Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. AutoNation has a P/S ratio of 0.38. This compares to its industry's average P/S of 0.47. AN's P/S has been as high as 0.43 and as low as 0.25, with a median of 0.36 over the past year.Investors will want to recognize that AutoNation has a P/CF ratio of 7.44. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. AutoNation's current P/CF looks attractive when compared to its industry's average P/CF of 10.45. Over the past year, AN's P/CF has been as high as 8.27 and as low as 3.98, with a median of 5.42.Another great auto stock you could consider is Lithia Motors Inc. LAD, which is a Zacks Rank #1 (Strong Buy) stock with a Value Score of A.Shares of Lithia Motors are currently trading at a forward earnings multiple of 9.72 and a PEG ratio of 0.44 compared to its industry's P/E and PEG ratio of 7.59 and 0.45, respectively. Over the past year, LAD's P/E has been as high as 19.87, as low as 9.02, with a median of 14.44; its PEG has been as high as 0.89, as low as 0.41, with a median of 0.66 during the same time period.Additionally, Lithia Motors has a P/B ratio of 2.41 while its industry's price-to-book ratio sits at 2.17. For LAD, this valuation metric has been as high as 4.83, as low as 2.22, with a median of 3.39 over the past year.These figures are just a handful of the metrics value investors tend to look at, but they help show that AutoNation and Lithia Motors are likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, AN and LAD feel like great value stocks at the moment. 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 AutoNation, Inc. (AN): Free Stock Analysis Report Lithia Motors, Inc. (LAD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks9 hr. 10 min. ago

BioNTech SE Sponsored ADR (BNTX) Gains But Lags Market: What You Should Know

BioNTech SE Sponsored ADR (BNTX) closed at $250.33 in the latest trading session, marking a +0.37% move from the prior day. BioNTech SE Sponsored ADR (BNTX) closed at $250.33 in the latest trading session, marking a +0.37% move from the prior day. The stock lagged the S&P 500's daily gain of 1.71%.Coming into today, shares of the company had lost 29.8% in the past month. In that same time, the Medical sector lost 5.62%, while the S&P 500 lost 2.25%.Investors will be hoping for strength from BNTX as it approaches its next earnings release, which is expected to be November 9, 2021. On that day, BNTX is projected to report earnings of $11.79 per share, which would represent year-over-year growth of 1244.66%. Our most recent consensus estimate is calling for quarterly revenue of $5.93 billion, up 7424.05% from the year-ago period.BNTX's full-year Zacks Consensus Estimates are calling for earnings of $38.66 per share and revenue of $19.55 billion. These results would represent year-over-year changes of +55128.57% and +3345.74%, respectively.Investors might also notice recent changes to analyst estimates for BNTX. 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.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. Within the past 30 days, our consensus EPS projection has moved 2.52% higher. BNTX is currently sporting a Zacks Rank of #3 (Hold).In terms of valuation, BNTX is currently trading at a Forward P/E ratio of 6.45. For comparison, its industry has an average Forward P/E of 24.47, which means BNTX is trading at a discount to the group.The Medical - Biomedical and Genetics industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 168, which puts 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.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 BioNTech SE Sponsored ADR (BNTX): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks19 hr. 38 min. ago

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: zacks19 hr. 38 min. ago