MoneyLion (US:ML) ZACKSยท2024-10-24 23:06Company Performance - MoneyLion Inc. (ML) closed at $45.29, reflecting a +0.24% change from the previous day, outperforming the S&P 500's gain of 0.22% [1] - The stock has increased by 10.03% over the past month, significantly higher than the Business Services sector's gain of 1.72% and the S&P 500's gain of 1.47% [1] - The upcoming earnings report is scheduled for November 7, 2024, with an expected EPS of $0.10, indicating a 125% increase from the same quarter last year [1] - Revenue is forecasted at $134.28 million, representing a 21.79% year-over-year increase [1] Full-Year Estimates - Zacks Consensus Estimates predict full-year earnings of $1.23 per share and revenue of $527.63 million, reflecting year-over-year changes of +126.57% and +24.61%, respectively [2] - Recent analyst estimate revisions suggest optimism regarding the company's business and profitability [2] Valuation Metrics - MoneyLion Inc. has a Forward P/E ratio of 36.63, which is higher than the industry average of 17.68, indicating a premium valuation [3] - The Financial Transaction Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 79, placing it in the top 32% of over 250 industries [3] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown a strong track record, with 1 rated stocks averaging a +25% annual return since 1988 [3] - MoneyLion Inc. currently holds a Zacks Rank of 3 (Hold) [3]