iPower (US:IPW) ZACKS·2024-10-08 22:55Group 1 - iPower Inc. (IPW) stock closed at $1.64, with a 0.31% increase from the previous trading day, underperforming the S&P 500's gain of 0.97% [1] - The stock has increased by 38.56% over the past month, outperforming the Consumer Discretionary sector's gain of 6.03% and the S&P 500's gain of 5.41% [1] Group 2 - iPower Inc. is expected to report an EPS of $0.02, reflecting a 150% growth year-over-year, while revenue is forecasted at $20.9 million, indicating a 21.16% decline compared to the same quarter last year [2] - For the entire year, earnings are projected at $0.13 per share and revenue at $92.3 million, showing increases of 1400% and 7.24% respectively compared to the previous year [3] Group 3 - Recent changes in analyst estimates for iPower Inc. indicate positive sentiment towards the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks iPower Inc. as 1, suggesting strong potential for stock performance [6] Group 4 - iPower Inc. has a Forward P/E ratio of 12.58, which is lower than the industry's Forward P/E of 14.35, indicating a valuation discount [7] - The Consumer Products - Discretionary industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 61, placing it in the top 25% of over 250 industries [7]