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Upstart Holdings, Inc. (UPST) Stock Moves -1%: What You Should Know

Upstart Holdings, Inc. (UPST) closed at $20.79 in the latest trading session, marking a -1% move from the prior day. In the latest trading session, Upstart Holdings, Inc. (UPST) closed at $20.79, marking a -1% move from the previous day. This change was narrower than the S&P 500's 1.51% loss on the day. At the same time, the Dow lost 1.71%, and the tech-heavy Nasdaq lost 0.02%.Coming into today, shares of the company had lost 19.08% in the past month. In that same time, the Computer and Technology sector lost 11.76%, while the S&P 500 lost 9.52%.Investors will be hoping for strength from Upstart Holdings, Inc. as it approaches its next earnings release. On that day, Upstart Holdings, Inc. is projected to report earnings of -$0.08 per share, which would represent a year-over-year decline of 113.33%. Meanwhile, our latest consensus estimate is calling for revenue of $169.64 million, down 25.74% from the prior-year quarter.For the full year, our Zacks Consensus Estimates are projecting earnings of $0.71 per share and revenue of $887.88 million, which would represent changes of -70.04% and +4.63%, respectively, from the prior year.Any recent changes to analyst estimates for Upstart Holdings, Inc. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. 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. Upstart Holdings, Inc. is holding a Zacks Rank of #4 (Sell) right now.Looking at its valuation, Upstart Holdings, Inc. is holding a Forward P/E ratio of 29.65. For comparison, its industry has an average Forward P/E of 19.98, which means Upstart Holdings, Inc. is trading at a premium to the group.The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 137, putting it in the bottom 46% 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. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 Upstart Holdings, Inc. (UPST): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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Canadian Natural Resources (CNQ) Stock Moves -0.34%: What You Should Know

Canadian Natural Resources (CNQ) closed the most recent trading day at $46.57, moving -0.34% from the previous trading session. Canadian Natural Resources (CNQ) closed the most recent trading day at $46.57, moving -0.34% from the previous trading session. This move was narrower than the S&P 500's daily loss of 1.51%. Meanwhile, the Dow lost 1.71%, and the Nasdaq, a tech-heavy index, lost 0.02%.Coming into today, shares of the oil and natural gas company had lost 13.35% in the past month. In that same time, the Oils-Energy sector lost 13.2%, while the S&P 500 lost 9.52%.Canadian Natural Resources will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $2.26, up 60.28% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $8.4 billion, up 37.08% from the year-ago period.CNQ's full-year Zacks Consensus Estimates are calling for earnings of $9.15 per share and revenue of $33.67 billion. These results would represent year-over-year changes of +83.37% and +40.25%, respectively.Any recent changes to analyst estimates for Canadian Natural Resources 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 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 4.93% higher. Canadian Natural Resources is currently a Zacks Rank #1 (Strong Buy).In terms of valuation, Canadian Natural Resources is currently trading at a Forward P/E ratio of 5.11. Its industry sports an average Forward P/E of 4.88, so we one might conclude that Canadian Natural Resources is trading at a premium comparatively.Investors should also note that CNQ has a PEG ratio of 0.56 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. CNQ's industry had an average PEG ratio of 0.33 as of yesterday's close.The Oil and Gas - Exploration and Production - Canadian industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 42, putting 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.To follow CNQ in the coming trading sessions, be sure to utilize Zacks.com. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 Canadian Natural Resources Limited (CNQ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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Bristol Myers Squibb (BMY) Stock Moves -0.86%: What You Should Know

In the latest trading session, Bristol Myers Squibb (BMY) closed at $71.09, marking a -0.86% move from the previous day. Bristol Myers Squibb (BMY) closed the most recent trading day at $71.09, moving -0.86% from the previous trading session. This change was narrower than the S&P 500's 1.51% loss on the day. Elsewhere, the Dow lost 1.71%, while the tech-heavy Nasdaq lost 0.02%.Heading into today, shares of the biopharmaceutical company had gained 3.79% over the past month, outpacing the Medical sector's loss of 4.08% and the S&P 500's loss of 9.52% in that time.Bristol Myers Squibb will be looking to display strength as it nears its next earnings release, which is expected to be October 26, 2022. In that report, analysts expect Bristol Myers Squibb to post earnings of $1.84 per share. This would mark a year-over-year decline of 8%. Our most recent consensus estimate is calling for quarterly revenue of $11.11 billion, down 4.41% from the year-ago period.For the full year, our Zacks Consensus Estimates are projecting earnings of $7.50 per share and revenue of $45.95 billion, which would represent changes of -0.13% and -0.95%, respectively, from the prior year.It is also important to note the recent changes to analyst estimates for Bristol Myers Squibb. 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. 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 0.06% lower. Bristol Myers Squibb is currently a Zacks Rank #3 (Hold).Valuation is also important, so investors should note that Bristol Myers Squibb has a Forward P/E ratio of 9.56 right now. This valuation marks a discount compared to its industry's average Forward P/E of 19.25.Meanwhile, BMY's PEG ratio is currently 1.52. 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. BMY's industry had an average PEG ratio of 1.3 as of yesterday's close.The Medical - Biomedical and Genetics industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 84, which puts it in the top 34% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bristol Myers Squibb Company (BMY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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Roku (ROKU) Stock Moves -0.67%: What You Should Know

In the latest trading session, Roku (ROKU) closed at $56.40, marking a -0.67% move from the previous day. Roku (ROKU) closed at $56.40 in the latest trading session, marking a -0.67% move from the prior day. This change was narrower than the S&P 500's 1.51% loss on the day. Elsewhere, the Dow lost 1.71%, while the tech-heavy Nasdaq lost 0.02%.Coming into today, shares of the video streaming company had lost 16.87% in the past month. In that same time, the Consumer Discretionary sector lost 11.94%, while the S&P 500 lost 9.52%.Roku will be looking to display strength as it nears its next earnings release. In that report, analysts expect Roku to post earnings of -$1.37 per share. This would mark a year-over-year decline of 385.42%. Meanwhile, our latest consensus estimate is calling for revenue of $698.93 million, up 2.79% from the prior-year quarter.For the full year, our Zacks Consensus Estimates are projecting earnings of -$3.56 per share and revenue of $3.11 billion, which would represent changes of -308.19% and +12.6%, respectively, from the prior year.Any recent changes to analyst estimates for Roku should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.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 4.74% lower. Roku is holding a Zacks Rank of #4 (Sell) right now.The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 220, putting it in the bottom 13% 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 ROKU in the coming trading sessions, be sure to utilize Zacks.com. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 Roku, Inc. (ROKU): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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ESS Tech, Inc. (GWH) Dips More Than Broader Markets: What You Should Know

In the latest trading session, ESS Tech, Inc. (GWH) closed at $4.09, marking a -1.68% move from the previous day. ESS Tech, Inc. (GWH) closed at $4.09 in the latest trading session, marking a -1.68% move from the prior day. This change lagged the S&P 500's 1.51% loss on the day. Elsewhere, the Dow lost 1.71%, while the tech-heavy Nasdaq lost 0.02%.Coming into today, shares of the company had lost 3.26% in the past month. In that same time, the Computer and Technology sector lost 11.76%, while the S&P 500 lost 9.52%.ESS Tech, Inc. will be looking to display strength as it nears its next earnings release. In that report, analysts expect ESS Tech, Inc. to post earnings of -$0.18 per share. This would mark year-over-year growth of 86.47%.Investors might also notice recent changes to analyst estimates for ESS Tech, Inc.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.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. ESS Tech, Inc. currently has a Zacks Rank of #3 (Hold).The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 169, which puts it in the bottom 33% 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 GWH in the coming trading sessions, be sure to utilize Zacks.com. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 ESS Tech, Inc. (GWH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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Geo Group (GEO) Gains As Market Dips: What You Should Know

Geo Group (GEO) closed the most recent trading day at $7.70, moving +0.52% from the previous trading session. In the latest trading session, Geo Group (GEO) closed at $7.70, marking a +0.52% move from the previous day. This change outpaced the S&P 500's 1.51% loss on the day. Elsewhere, the Dow lost 1.71%, while the tech-heavy Nasdaq lost 0.02%.Heading into today, shares of the private prison operator had lost 9.78% over the past month, lagging the Finance sector's loss of 9% and the S&P 500's loss of 9.52% in that time.Investors will be hoping for strength from Geo Group as it approaches its next earnings release. The company is expected to report EPS of $0.56, down 13.85% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $605.85 million, up 8.72% from the prior-year quarter.For the full year, our Zacks Consensus Estimates are projecting earnings of $2.44 per share and revenue of $2.35 billion, which would represent changes of -1.61% and +4.1%, respectively, from the prior year.Any recent changes to analyst estimates for Geo Group 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.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 remained stagnant. Geo Group currently has a Zacks Rank of #2 (Buy).Looking at its valuation, Geo Group is holding a Forward P/E ratio of 3.15. This represents a discount compared to its industry's average Forward P/E of 11.33.It is also worth noting that GEO currently has a PEG ratio of 0.31. 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. REIT and Equity Trust - Other stocks are, on average, holding a PEG ratio of 1.87 based on yesterday's closing prices.The REIT and Equity Trust - Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 90, 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.You can find more information on all of these metrics, and much more, on Zacks.com. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 Geo Group Inc The (GEO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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Target Hospitality (TH) Gains As Market Dips: What You Should Know

Target Hospitality (TH) closed at $12.62 in the latest trading session, marking a +1.2% move from the prior day. Target Hospitality (TH) closed at $12.62 in the latest trading session, marking a +1.2% move from the prior day. This move outpaced the S&P 500's daily loss of 1.51%. Meanwhile, the Dow lost 1.71%, and the Nasdaq, a tech-heavy index, lost 0.02%.Coming into today, shares of the company had lost 1.66% in the past month. In that same time, the Consumer Discretionary sector lost 11.94%, while the S&P 500 lost 9.52%.Investors will be hoping for strength from Target Hospitality as it approaches its next earnings release. In that report, analysts expect Target Hospitality to post earnings of $0.55 per share. This would mark year-over-year growth of 685.71%. Meanwhile, our latest consensus estimate is calling for revenue of $158.2 million, up 77.41% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.37 per share and revenue of $509.8 million. These totals would mark changes of +2840% and +74.99%, respectively, from last year.Investors should also note any recent changes to analyst estimates for Target Hospitality. 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. 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 remained stagnant within the past month. Target Hospitality is holding a Zacks Rank of #1 (Strong Buy) right now.In terms of valuation, Target Hospitality is currently trading at a Forward P/E ratio of 9.08. Its industry sports an average Forward P/E of 17.85, so we one might conclude that Target Hospitality is trading at a discount comparatively.Also, we should mention that TH has a PEG ratio of 0.61. 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 Leisure and Recreation Services was holding an average PEG ratio of 1.04 at yesterday's closing price.The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 154, which puts it in the bottom 39% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 Target Hospitality Corp. (TH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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Super Micro Computer (SMCI) Gains As Market Dips: What You Should Know

Super Micro Computer (SMCI) closed at $55.07 in the latest trading session, marking a +1.14% move from the prior day. Super Micro Computer (SMCI) closed the most recent trading day at $55.07, moving +1.14% from the previous trading session. This move outpaced the S&P 500's daily loss of 1.51%. Elsewhere, the Dow lost 1.71%, while the tech-heavy Nasdaq lost 0.02%.Prior to today's trading, shares of the server technology company had lost 13.98% over the past month. This has lagged the Computer and Technology sector's loss of 11.76% and the S&P 500's loss of 9.52% in that time.Investors will be hoping for strength from Super Micro Computer as it approaches its next earnings release. On that day, Super Micro Computer is projected to report earnings of $2.20 per share, which would represent year-over-year growth of 279.31%. Our most recent consensus estimate is calling for quarterly revenue of $1.57 billion, up 52.02% from the year-ago period.For the full year, our Zacks Consensus Estimates are projecting earnings of $7.50 per share and revenue of $6.2 billion, which would represent changes of +32.74% and +19.32%, respectively, from the prior year.Investors might also notice recent changes to analyst estimates for Super Micro Computer. 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.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Super Micro Computer is holding a Zacks Rank of #1 (Strong Buy) right now.Investors should also note Super Micro Computer's current valuation metrics, including its Forward P/E ratio of 7.26. For comparison, its industry has an average Forward P/E of 14.43, which means Super Micro Computer is trading at a discount to the group.The Computer- Storage Devices industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 32, which puts it in the top 13% 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 SMCI in the coming trading sessions, be sure to utilize Zacks.com. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 Super Micro Computer, Inc. (SMCI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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Novavax (NVAX) Dips More Than Broader Markets: What You Should Know

Novavax (NVAX) closed the most recent trading day at $18.20, moving -1.99% from the previous trading session. In the latest trading session, Novavax (NVAX) closed at $18.20, marking a -1.99% move from the previous day. This change lagged the S&P 500's 1.51% loss on the day. Elsewhere, the Dow lost 1.71%, while the tech-heavy Nasdaq lost 0.02%.Prior to today's trading, shares of the vaccine maker had lost 41.88% over the past month. This has lagged the Medical sector's loss of 4.08% and the S&P 500's loss of 9.52% in that time.Wall Street will be looking for positivity from Novavax as it approaches its next earnings report date. On that day, Novavax is projected to report earnings of $2.34 per share, which would represent year-over-year growth of 154.29%. Meanwhile, our latest consensus estimate is calling for revenue of $769.56 million, up 330.31% from the prior-year quarter.NVAX's full-year Zacks Consensus Estimates are calling for earnings of $1.42 per share and revenue of $2.04 billion. These results would represent year-over-year changes of +106.06% and +78.27%, respectively.Any recent changes to analyst estimates for Novavax 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.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 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 66.31% lower within the past month. Novavax is holding a Zacks Rank of #3 (Hold) right now.Looking at its valuation, Novavax is holding a Forward P/E ratio of 13.1. Its industry sports an average Forward P/E of 19.25, so we one might conclude that Novavax is trading at a discount comparatively.It is also worth noting that NVAX currently has a PEG ratio of 0.36. 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. NVAX's industry had an average PEG ratio of 1.3 as of yesterday's close.The Medical - Biomedical and Genetics industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 84, which puts it in the top 34% 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. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 Novavax, Inc. (NVAX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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Lam Research (LRCX) Stock Moves -1.23%: What You Should Know

Lam Research (LRCX) closed at $366 in the latest trading session, marking a -1.23% move from the prior day. Lam Research (LRCX) closed at $366 in the latest trading session, marking a -1.23% move from the prior day. This change was narrower than the S&P 500's 1.51% loss on the day. Meanwhile, the Dow lost 1.71%, and the Nasdaq, a tech-heavy index, lost 0.02%.Prior to today's trading, shares of the semiconductor equipment maker had lost 14.23% over the past month. This has lagged the Computer and Technology sector's loss of 11.76% and the S&P 500's loss of 9.52% in that time.Wall Street will be looking for positivity from Lam Research as it approaches its next earnings report date. This is expected to be October 19, 2022. The company is expected to report EPS of $9.53, up 14% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $4.92 billion, up 14.23% from the year-ago period.For the full year, our Zacks Consensus Estimates are projecting earnings of $37.34 per share and revenue of $19.24 billion, which would represent changes of +12.74% and +11.66%, respectively, from the prior year.Investors should also note any recent changes to analyst estimates for Lam Research. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, 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 0.68% lower within the past month. Lam Research currently has a Zacks Rank of #3 (Hold).In terms of valuation, Lam Research is currently trading at a Forward P/E ratio of 9.92. This represents a discount compared to its industry's average Forward P/E of 12.66.We can also see that LRCX currently has a PEG ratio of 0.84. 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. LRCX's industry had an average PEG ratio of 1.41 as of yesterday's close.The Semiconductor Equipment - Wafer Fabrication industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 96, 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.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 Lam Research Corporation (LRCX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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Titan Machinery (TITN) Gains As Market Dips: What You Should Know

Titan Machinery (TITN) closed at $28.26 in the latest trading session, marking a +1.76% move from the prior day. Titan Machinery (TITN) closed at $28.26 in the latest trading session, marking a +1.76% move from the prior day. This change outpaced the S&P 500's 1.51% loss on the day. Meanwhile, the Dow lost 1.71%, and the Nasdaq, a tech-heavy index, lost 0.02%.Prior to today's trading, shares of the agriculture and construction equipment seller had lost 8.32% over the past month. This has was narrower than the Retail-Wholesale sector's loss of 8.68% and the S&P 500's loss of 9.52% in that time.Wall Street will be looking for positivity from Titan Machinery as it approaches its next earnings report date. The company is expected to report EPS of $1.15, up 19.79% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $655 million, up 44.28% from the year-ago period.For the full year, our Zacks Consensus Estimates are projecting earnings of $3.52 per share and revenue of $2.25 billion, which would represent changes of +18.12% and +31.34%, respectively, from the prior year.Investors should also note any recent changes to analyst estimates for Titan Machinery. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, 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 remained stagnant within the past month. Titan Machinery currently has a Zacks Rank of #1 (Strong Buy).In terms of valuation, Titan Machinery is currently trading at a Forward P/E ratio of 7.9. This represents a premium compared to its industry's average Forward P/E of 4.51.The Automotive - Retail and Whole Sales industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 78, 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. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 Titan Machinery Inc. (TITN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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CF Industries (CF) Stock Moves -0.83%: What You Should Know

In the latest trading session, CF Industries (CF) closed at $96.25, marking a -0.83% move from the previous day. In the latest trading session, CF Industries (CF) closed at $96.25, marking a -0.83% move from the previous day. This move was narrower than the S&P 500's daily loss of 1.51%. Elsewhere, the Dow lost 1.71%, while the tech-heavy Nasdaq lost 0.02%.Coming into today, shares of the fertilizer maker had lost 5.23% in the past month. In that same time, the Basic Materials sector lost 10.7%, while the S&P 500 lost 9.52%.Investors will be hoping for strength from CF Industries as it approaches its next earnings release. On that day, CF Industries is projected to report earnings of $3.48 per share, which would represent year-over-year growth of 262.5%. Our most recent consensus estimate is calling for quarterly revenue of $2.42 billion, up 77.77% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $19.18 per share and revenue of $11.75 billion. These totals would mark changes of +352.36% and +79.64%, respectively, from last year.It is also important to note the recent changes to analyst estimates for CF Industries. 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.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 0.03% higher. CF Industries is currently sporting a Zacks Rank of #3 (Hold).Looking at its valuation, CF Industries is holding a Forward P/E ratio of 5.06. Its industry sports an average Forward P/E of 5.05, so we one might conclude that CF Industries is trading at a premium comparatively.Investors should also note that CF has a PEG ratio of 0.84 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. Fertilizers stocks are, on average, holding a PEG ratio of 0.57 based on yesterday's closing prices.The Fertilizers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 158, putting it in the bottom 38% 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. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 CF Industries Holdings, Inc. (CF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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Lucid Group, Inc. (LCID) Dips More Than Broader Markets: What You Should Know

Lucid Group, Inc. (LCID) closed at $13.97 in the latest trading session, marking a -1.55% move from the prior day. Lucid Group, Inc. (LCID) closed at $13.97 in the latest trading session, marking a -1.55% move from the prior day. This move lagged the S&P 500's daily loss of 1.51%. Elsewhere, the Dow lost 1.71%, while the tech-heavy Nasdaq lost 0.02%.Prior to today's trading, shares of the company had lost 7.74% over the past month. This has was narrower than the Auto-Tires-Trucks sector's loss of 9.93% and the S&P 500's loss of 9.52% in that time.Investors will be hoping for strength from Lucid Group, Inc. as it approaches its next earnings release. In that report, analysts expect Lucid Group, Inc. to post earnings of -$0.33 per share. This would mark year-over-year growth of 19.51%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $232.5 million, up 100986.96% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.94 per share and revenue of $912.51 million. These totals would mark changes of +82.26% and +3265.83%, respectively, from last year.It is also important to note the recent changes to analyst estimates for Lucid Group, Inc.These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system, 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 12.87% higher. Lucid Group, Inc. currently has a Zacks Rank of #3 (Hold).The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 149, which puts it in the bottom 41% 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 LCID in the coming trading sessions, be sure to utilize Zacks.com. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 Lucid Group, Inc. (LCID): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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Agenus (AGEN) Stock Moves -0.49%: What You Should Know

Agenus (AGEN) closed the most recent trading day at $2.05, moving -0.49% from the previous trading session. In the latest trading session, Agenus (AGEN) closed at $2.05, marking a -0.49% move from the previous day. This change was narrower than the S&P 500's 1.51% loss on the day. Elsewhere, the Dow lost 1.71%, while the tech-heavy Nasdaq lost 0.02%.Heading into today, shares of the biotechnology company had lost 24.54% over the past month, lagging the Medical sector's loss of 4.08% and the S&P 500's loss of 9.52% in that time.Wall Street will be looking for positivity from Agenus as it approaches its next earnings report date. In that report, analysts expect Agenus to post earnings of -$0.18 per share. This would mark a year-over-year decline of 126.09%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $19.86 million, down 92.15% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.70 per share and revenue of $82.14 million. These totals would mark changes of -536.36% and -72.22%, respectively, from last year.It is also important to note the recent changes to analyst estimates for Agenus. 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. 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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Agenus currently has a Zacks Rank of #1 (Strong Buy).The Medical - Biomedical and Genetics 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 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. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 Agenus Inc. (AGEN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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Ginkgo Bioworks Holdings, Inc. (DNA) Stock Moves -0.32%: What You Should Know

In the latest trading session, Ginkgo Bioworks Holdings, Inc. (DNA) closed at $3.12, marking a -0.32% move from the previous day. In the latest trading session, Ginkgo Bioworks Holdings, Inc. (DNA) closed at $3.12, marking a -0.32% move from the previous day. This change was narrower than the S&P 500's 1.51% loss on the day. At the same time, the Dow lost 1.71%, and the tech-heavy Nasdaq lost 0.02%.Prior to today's trading, shares of the company had gained 14.23% over the past month. This has outpaced the Medical sector's loss of 4.08% and the S&P 500's loss of 9.52% in that time.Wall Street will be looking for positivity from Ginkgo Bioworks Holdings, Inc. as it approaches its next earnings report date. On that day, Ginkgo Bioworks Holdings, Inc. is projected to report earnings of -$0.06 per share, which would represent year-over-year growth of 14.29%. Our most recent consensus estimate is calling for quarterly revenue of $50.65 million, down 34.74% from the year-ago period.For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.12 per share and revenue of $409 million, which would represent changes of +20% and +30.32%, respectively, from the prior year.It is also important to note the recent changes to analyst estimates for Ginkgo Bioworks Holdings, Inc.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.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. Within the past 30 days, our consensus EPS projection remained stagnant. Ginkgo Bioworks Holdings, Inc. is currently a Zacks Rank #4 (Sell).The Medical - Biomedical and Genetics 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 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. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 Ginkgo Bioworks Holdings, Inc. (DNA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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First Solar (FSLR) Gains As Market Dips: What You Should Know

First Solar (FSLR) closed the most recent trading day at $132.27, moving +1.02% from the previous trading session. First Solar (FSLR) closed the most recent trading day at $132.27, moving +1.02% from the previous trading session. This move outpaced the S&P 500's daily loss of 1.51%. At the same time, the Dow lost 1.71%, and the tech-heavy Nasdaq lost 0.02%.Heading into today, shares of the largest U.S. solar company had gained 2.42% over the past month, outpacing the Oils-Energy sector's loss of 13.2% and the S&P 500's loss of 9.52% in that time.Wall Street will be looking for positivity from First Solar as it approaches its next earnings report date. In that report, analysts expect First Solar to post earnings of -$0.24 per share. This would mark a year-over-year decline of 157.14%. Our most recent consensus estimate is calling for quarterly revenue of $761.87 million, up 30.57% from the year-ago period.For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.08 per share and revenue of $2.63 billion, which would represent changes of -101.83% and -9.96%, respectively, from the prior year.Any recent changes to analyst estimates for First Solar should also be noted by investors. 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.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 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 29.64% lower. First Solar is currently sporting a Zacks Rank of #3 (Hold).The Solar industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 96, putting 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.To follow FSLR in the coming trading sessions, be sure to utilize Zacks.com. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 First Solar, Inc. (FSLR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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Celsius Holdings Inc. (CELH) Stock Moves -0.19%: What You Should Know

In the latest trading session, Celsius Holdings Inc. (CELH) closed at $90.68, marking a -0.19% move from the previous day. In the latest trading session, Celsius Holdings Inc. (CELH) closed at $90.68, marking a -0.19% move from the previous day. This move was narrower than the S&P 500's daily loss of 1.51%. At the same time, the Dow lost 1.71%, and the tech-heavy Nasdaq lost 0.02%.Prior to today's trading, shares of the company had lost 8.41% over the past month. This has was narrower than the Consumer Staples sector's loss of 8.44% and the S&P 500's loss of 9.52% in that time.Investors will be hoping for strength from Celsius Holdings Inc. as it approaches its next earnings release. On that day, Celsius Holdings Inc. is projected to report earnings of $0.13 per share, which would represent year-over-year growth of 333.33%. Meanwhile, our latest consensus estimate is calling for revenue of $163.19 million, up 71.94% from the prior-year quarter.CELH's full-year Zacks Consensus Estimates are calling for earnings of $0.44 per share and revenue of $619.97 million. These results would represent year-over-year changes of +780% and +97.27%, respectively.Investors might also notice recent changes to analyst estimates for Celsius Holdings 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. 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 remained stagnant. Celsius Holdings Inc. is currently sporting a Zacks Rank of #2 (Buy).Valuation is also important, so investors should note that Celsius Holdings Inc. has a Forward P/E ratio of 206.48 right now. Its industry sports an average Forward P/E of 17.61, so we one might conclude that Celsius Holdings Inc. is trading at a premium comparatively.The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 151, which puts it in the bottom 41% 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 CELH in the coming trading sessions, be sure to utilize Zacks.com. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 Celsius Holdings Inc. (CELH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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Arch Capital Group (ACGL) Stock Moves -0.63%: What You Should Know

In the latest trading session, Arch Capital Group (ACGL) closed at $45.54, marking a -0.63% move from the previous day. In the latest trading session, Arch Capital Group (ACGL) closed at $45.54, marking a -0.63% move from the previous day. This move was narrower than the S&P 500's daily loss of 1.51%. At the same time, the Dow lost 1.71%, and the tech-heavy Nasdaq lost 0.02%.Prior to today's trading, shares of the property and casualty insurer had gained 0.24% over the past month. This has outpaced the Finance sector's loss of 9% and the S&P 500's loss of 9.52% in that time.Investors will be hoping for strength from Arch Capital Group as it approaches its next earnings release. On that day, Arch Capital Group is projected to report earnings of $0.98 per share, which would represent year-over-year growth of 32.43%. Meanwhile, our latest consensus estimate is calling for revenue of $2.51 billion, up 24.61% from the prior-year quarter.ACGL's full-year Zacks Consensus Estimates are calling for earnings of $4.64 per share and revenue of $9.6 billion. These results would represent year-over-year changes of +29.61% and +13.21%, respectively.Investors might also notice recent changes to analyst estimates for Arch Capital Group. 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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Arch Capital Group is currently sporting a Zacks Rank of #1 (Strong Buy).Valuation is also important, so investors should note that Arch Capital Group has a Forward P/E ratio of 9.88 right now. Its industry sports an average Forward P/E of 14.84, so we one might conclude that Arch Capital Group is trading at a discount comparatively.It is also worth noting that ACGL currently has a PEG ratio of 0.99. 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 Insurance - Property and Casualty industry currently had an average PEG ratio of 1.58 as of yesterday's close.The Insurance - Property and Casualty industry is part of the Finance sector. This group has a Zacks Industry Rank of 140, putting it in the bottom 45% 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 ACGL in the coming trading sessions, be sure to utilize Zacks.com. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 Arch Capital Group Ltd. (ACGL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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DraftKings (DKNG) Stock Moves -1.24%: What You Should Know

In the latest trading session, DraftKings (DKNG) closed at $15.14, marking a -1.24% move from the previous day. DraftKings (DKNG) closed at $15.14 in the latest trading session, marking a -1.24% move from the prior day. This move was narrower than the S&P 500's daily loss of 1.51%. At the same time, the Dow lost 1.71%, and the tech-heavy Nasdaq lost 0.02%.Prior to today's trading, shares of the company had lost 3.95% over the past month. This has was narrower than the Consumer Discretionary sector's loss of 11.94% and the S&P 500's loss of 9.52% in that time.Investors will be hoping for strength from DraftKings as it approaches its next earnings release. On that day, DraftKings is projected to report earnings of -$1.08 per share, which would represent year-over-year growth of 20%. Meanwhile, our latest consensus estimate is calling for revenue of $432.56 million, up 103.25% from the prior-year quarter.For the full year, our Zacks Consensus Estimates are projecting earnings of -$3.07 per share and revenue of $2.14 billion, which would represent changes of +18.78% and +65.28%, respectively, from the prior year.Investors might also notice recent changes to analyst estimates for DraftKings. 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. 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 0.05% lower. DraftKings currently has a Zacks Rank of #3 (Hold).The Gaming industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 154, which puts it in the bottom 39% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 DraftKings Inc. (DKNG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

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TravelCenters of America (TA) Stock Moves -1.26%: What You Should Know

TravelCenters of America (TA) closed the most recent trading day at $53.93, moving -1.26% from the previous trading session. TravelCenters of America (TA) closed the most recent trading day at $53.93, moving -1.26% from the previous trading session. This move was narrower than the S&P 500's daily loss of 1.51%. Meanwhile, the Dow lost 1.71%, and the Nasdaq, a tech-heavy index, lost 0.02%.Heading into today, shares of the truck-stop operator had lost 0.78% over the past month, outpacing the Retail-Wholesale sector's loss of 8.68% and the S&P 500's loss of 9.52% in that time.Investors will be hoping for strength from TravelCenters of America as it approaches its next earnings release. On that day, TravelCenters of America is projected to report earnings of $2.01 per share, which would represent year-over-year growth of 32.24%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.73 billion, up 40.55% from the year-ago period.For the full year, our Zacks Consensus Estimates are projecting earnings of $8.08 per share and revenue of $10.5 billion, which would represent changes of +96.59% and +43.11%, respectively, from the prior year.Investors might also notice recent changes to analyst estimates for TravelCenters of America. 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.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. Within the past 30 days, our consensus EPS projection has moved 6.88% higher. TravelCenters of America currently has a Zacks Rank of #1 (Strong Buy).Looking at its valuation, TravelCenters of America is holding a Forward P/E ratio of 6.76. For comparison, its industry has an average Forward P/E of 13.55, which means TravelCenters of America is trading at a discount to the group.The Retail - Convenience Stores industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 4, putting it in the top 2% 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. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant 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 TravelCenters of America LLC (TA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: ZACKS40 min. ago Related News