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Why the Market Dipped But MoneyLion Inc. (ML) Gained Today
MoneyLion MoneyLion (US:ML) ZACKSยท2024-09-20 22:56

Company Performance - MoneyLion Inc. (ML) stock closed at $43.48, with a +0.72% movement compared to the previous day, outperforming the S&P 500's daily loss of 0.19% [1] - The stock has increased by 4.5% over the past month, which is below the Business Services sector's gain of 6.7% but above the S&P 500's gain of 2.06% [1] - The upcoming financial results are expected to show an EPS of $0.06, representing a 115% increase year-over-year, with revenue forecasted at $134.3 million, indicating a 21.8% growth [1] Full Year Estimates - For the full year, analysts expect earnings of $1.40 per share and revenue of $529.1 million, reflecting changes of +130.24% and +24.96% from the previous year [2] - Recent changes to analyst estimates indicate a positive outlook for MoneyLion Inc.'s business operations and profit generation capabilities [2] Valuation and Industry Ranking - MoneyLion Inc. has a Forward P/E ratio of 30.84, which is higher than the industry average Forward P/E of 16.61, suggesting it is trading at a premium [3] - The Financial Transaction Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 76, placing it in the top 31% of over 250 industries [3]