MoneyLion Inc. (ML) Increases Despite Market Slip: Here's What You Need to Know

Group 1 - MoneyLion Inc. stock closed at $87.61, showing a +0.59% change, outperforming the S&P 500, which fell by 1.07% [1] - Over the past month, MoneyLion shares decreased by 0.18%, while the Business Services sector and S&P 500 declined by 9.45% and 7.03% respectively [1] Group 2 - The upcoming earnings release is anticipated, with projected EPS of $0.98, a 63.33% increase year-over-year, and revenue forecasted at $156.61 million, reflecting a 29.41% growth [2] - For the full year, earnings are estimated at $3.05 per share and revenue at $665.17 million, indicating increases of +301.32% and +21.85% respectively from the previous year [3] Group 3 - Recent shifts in analyst projections for MoneyLion Inc. should be monitored, as upward revisions indicate positive sentiment regarding the company's operations and profit generation [4] - Changes in estimates are linked to stock price performance, with the Zacks Rank model providing a rating system based on these changes [5] Group 4 - The Zacks Rank system, ranging from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 stocks have averaged a +25% annual return since 1988; currently, MoneyLion Inc. holds a Zacks Rank of 5 (Strong Sell) [6] Group 5 - MoneyLion Inc. has a Forward P/E ratio of 28.6, which is higher than the industry average of 15.27, indicating it is trading at a premium [7] - The Financial Transaction Services industry, part of the Business Services sector, has a Zacks Industry Rank of 132, placing it in the bottom 48% of over 250 industries [7]