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APA (APA) Increases Despite Market Slip: Here's What You Need to Know
ZACKSยท 2025-09-23 23:16
Company Performance - APA closed at $23.99, marking a +1.61% move from the previous day, outperforming the S&P 500 which lost 0.55% [1] - Over the previous month, APA shares gained 5.59%, surpassing the Oils-Energy sector's gain of 1.1% and the S&P 500's gain of 3.64% [1] Upcoming Earnings - APA is expected to report EPS of $0.72, down 28% from the prior-year quarter, with a revenue estimate of $2.11 billion, indicating a 16.8% decrease from the same quarter last year [2] - For the full year, earnings are projected at $3.34 per share and revenue at $9.25 billion, reflecting changes of -11.41% and -4.97% respectively from the preceding year [3] Analyst Estimates and Valuation - Recent changes in analyst estimates for APA are crucial as they reflect short-term business trends, with positive revisions indicating a favorable outlook on business health and profitability [3][4] - The Zacks Rank system, which evaluates estimate changes, currently ranks APA at 3 (Hold) [5] - APA has a Forward P/E ratio of 7.06, indicating a discount compared to the industry average Forward P/E of 10.51 [6] Industry Context - APA holds a PEG ratio of 6.73, compared to the average PEG ratio of 0.78 for the Oil and Gas - Exploration and Production - United States industry [7] - The Oil and Gas - Exploration and Production - United States industry has a Zacks Industry Rank of 199, placing it in the bottom 20% of over 250 industries [8]
Trip.com (TCOM) Declines More Than Market: Some Information for Investors
ZACKSยท 2025-09-23 23:16
Trip.com (TCOM) closed at $76.71 in the latest trading session, marking a -1.43% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.55%. Meanwhile, the Dow lost 0.19%, and the Nasdaq, a tech-heavy index, lost 0.95%. Shares of the travel services company witnessed a gain of 18.03% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 0.06%, and the S&P 500's gain of 3.64%.Market participants will be closely following the fi ...
CSLM Acquisition Corp. (SPWR) Declines More Than Market: Some Information for Investors
ZACKSยท 2025-09-23 23:16
In the latest trading session, CSLM Acquisition Corp. (SPWR) closed at $1.69, marking a -4.52% move from the previous day. This change lagged the S&P 500's 0.55% loss on the day. Meanwhile, the Dow lost 0.19%, and the Nasdaq, a tech-heavy index, lost 0.95%. Heading into today, shares of the company had gained 9.94% over the past month, outpacing the Oils-Energy sector's gain of 1.1% and the S&P 500's gain of 3.64%.Market participants will be closely following the financial results of CSLM Acquisition Corp. ...
AudioEye (AEYE) Declines More Than Market: Some Information for Investors
ZACKSยท 2025-09-23 23:16
AudioEye (AEYE) ended the recent trading session at $13.93, demonstrating a -1.62% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.55%. Elsewhere, the Dow saw a downswing of 0.19%, while the tech-heavy Nasdaq depreciated by 0.95%. The company's stock has climbed by 18.3% in the past month, exceeding the Computer and Technology sector's gain of 9.88% and the S&P 500's gain of 3.64%.The investment community will be closely monitoring the performance of AudioEye ...
Grab Holdings Limited (GRAB) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKSยท 2025-09-23 23:01
In the latest trading session, Grab Holdings Limited (GRAB) closed at $6.32, marking a -2.02% move from the previous day. This change lagged the S&P 500's 0.55% loss on the day. Elsewhere, the Dow saw a downswing of 0.19%, while the tech-heavy Nasdaq depreciated by 0.95%. Heading into today, shares of the company had gained 28.74% over the past month, outpacing the Computer and Technology sector's gain of 9.88% and the S&P 500's gain of 3.64%.Investors will be eagerly watching for the performance of Grab Ho ...
Western Digital (WDC) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKSยท 2025-09-23 23:01
Group 1 - Western Digital's stock closed at $110.25, reflecting a -1.92% change from the previous day's closing price, which is less than the S&P 500's daily loss of 0.55% [1] - The stock has increased by 41.9% over the past month, outperforming the Computer and Technology sector's gain of 9.88% and the S&P 500's gain of 3.64% [1] Group 2 - The upcoming earnings per share (EPS) for Western Digital is projected at $1.57, indicating an 11.80% decline compared to the same quarter last year, with revenue expected to be $2.7 billion, down 34.03% from the prior-year quarter [2] - For the entire year, the Zacks Consensus Estimates forecast earnings of $6.52 per share and revenue of $10.92 billion, reflecting changes of +32.25% and -17.76% respectively compared to the previous year [3] Group 3 - Recent changes to analyst estimates for Western Digital are important as they reflect shifting business dynamics, with upward revisions indicating analysts' positive outlook on the company's operations [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has Western Digital currently rated at 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [6] Group 4 - Western Digital has a Forward P/E ratio of 17.25, which is in line with the industry average [7] - The company's PEG ratio is currently 1.17, compared to the Computer-Storage Devices industry's average PEG ratio of 2.19, indicating a more favorable valuation relative to expected earnings growth [8] Group 5 - The Computer-Storage Devices industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 206, placing it in the bottom 17% of over 250 industries [8] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [9]
Enphase Energy (ENPH) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKSยท 2025-09-23 23:01
Enphase Energy (ENPH) closed at $37.36 in the latest trading session, marking a -7.75% move from the prior day. This change lagged the S&P 500's daily loss of 0.55%. On the other hand, the Dow registered a loss of 0.19%, and the technology-centric Nasdaq decreased by 0.95%. The solar technology company's shares have seen an increase of 5.94% over the last month, surpassing the Oils-Energy sector's gain of 1.1% and the S&P 500's gain of 3.64%.Analysts and investors alike will be keeping a close eye on the pe ...
NRG Energy (NRG) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKSยท 2025-09-23 23:01
Group 1 - NRG Energy's stock closed at $167.43, down 2.07% from the previous day, underperforming the S&P 500's loss of 0.55% [1] - Over the past month, NRG Energy shares have increased by 18.1%, outperforming the Utilities sector's decline of 1.16% and the S&P 500's gain of 3.64% [1] Group 2 - NRG Energy is set to announce its earnings on November 6, 2025, with an expected EPS of $1.83, a decrease of 1.08% year-over-year, and projected revenue of $7.18 billion, down 0.65% from the same quarter last year [2] - For the fiscal year, consensus estimates predict earnings of $7.93 per share and revenue of $29.99 billion, reflecting increases of 19.43% and 6.61% respectively from the prior year [3] Group 3 - Recent analyst estimate revisions for NRG Energy indicate positive short-term business trends, which are generally seen as favorable for the company's outlook [3] - The Zacks Rank system, which evaluates estimated changes, currently ranks NRG Energy at 3 (Hold), with a recent consensus EPS projection moving 0.5% lower [5] Group 4 - NRG Energy's Forward P/E ratio stands at 21.56, higher than the industry average of 18.13, suggesting it is trading at a premium [6] - The company has a PEG ratio of 1.4, compared to the industry average of 2.7, indicating a more favorable valuation in terms of projected earnings growth [6] Group 5 - The Utility - Electric Power industry, which includes NRG Energy, holds a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [7] - Historically, industries in the top 50% of the Zacks Rank outperform those in the bottom half by a factor of 2 to 1 [7]
Symbotic Inc. (SYM) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKSยท 2025-09-23 23:01
Group 1 - Symbotic Inc. (SYM) experienced a significant decline of -10.72% in its stock price, closing at $54.22, while the S&P 500 fell by 0.55% during the same trading session [1] - Over the past month, Symbotic's shares have increased by 32.77%, outperforming the Business Services sector, which gained only 0.72%, and the S&P 500, which rose by 3.64% [1] Group 2 - Symbotic Inc. is expected to report earnings of $0.07 per share, reflecting a year-over-year growth of 40%, with projected net sales of $600.16 million, an increase of 4.05% from the previous year [2] - For the annual period, earnings are anticipated to be $0.24 per share, indicating a growth of +400%, while revenue is projected at $2.23 billion, up by +19.72% compared to last year [3] Group 3 - The Zacks Rank system currently rates Symbotic Inc. as 5 (Strong Sell), with the consensus EPS estimate remaining unchanged over the last 30 days [5] - The Forward P/E ratio for Symbotic Inc. stands at 253.04, significantly higher than the industry average of 22.22, indicating a premium valuation [6] Group 4 - Symbotic Inc. has a PEG ratio of 8.43, compared to the average PEG ratio of 1.88 for Technology Services stocks, suggesting a high valuation relative to expected earnings growth [7] - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 91, placing it in the top 37% of over 250 industries [7][8]
Here's Why Bit Digital, Inc. (BTBT) Fell More Than Broader Market
ZACKSยท 2025-09-23 22:51
Company Performance - Bit Digital, Inc. (BTBT) experienced a stock decline of 1.59% to $3.09, which was less than the S&P 500's daily loss of 0.55% [1] - Over the past month, the company's shares gained 12.95%, outperforming the Business Services sector's gain of 0.72% and the S&P 500's gain of 3.64% [1] Earnings Expectations - The upcoming earnings report for Bit Digital, Inc. is expected to show an EPS of $0, representing a 100% increase compared to the same quarter last year [2] - Revenue is anticipated to be $30.82 million, reflecting a 35.69% increase from the prior-year quarter [2] Full Year Projections - For the full year, Zacks Consensus Estimates project earnings of -$0.2 per share and revenue of $117.02 million, indicating changes of +28.57% and +8.3% respectively from the previous year [3] - Recent changes to analyst estimates for Bit Digital, Inc. may indicate shifting business dynamics, with positive revisions suggesting analysts' confidence in the company's performance [3] Zacks Rank and Industry Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Bit Digital, Inc. at 3 (Hold) [5] - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 91, placing it in the top 37% of over 250 industries [6] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [6]