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Mirion Technologies (MIR) Surges 8.4%: Is This an Indication of Further Gains?
ZACKS· 2025-09-19 10:51
Company Overview - Mirion Technologies, Inc. (MIR) shares increased by 8.4% to close at $24.6, supported by higher trading volume compared to normal sessions, and a total gain of 12.2% over the past four weeks [1] - The company is expected to report quarterly earnings of $0.11 per share, reflecting a year-over-year increase of 37.5%, with revenues projected at $226.1 million, up 9.3% from the previous year [2] Earnings Estimates and Trends - The consensus EPS estimate for Mirion Technologies has been revised down by 9.1% over the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [3] - Despite the downward revision, the stock currently holds a Zacks Rank of 2 (Buy), suggesting a favorable outlook [3] Industry Context - Mirion Technologies is part of the Zacks Technology Services industry, which includes other companies like Cricut, Inc. (CRCT), that saw a 2.7% increase in its last trading session and a 16% return over the past month [3] - Cricut's EPS estimate for the upcoming report remains unchanged at $0.05, indicating stability compared to the previous year, and it also holds a Zacks Rank of 2 (Buy) [4]
Nordea Bank (NRDBY) Upgraded to Buy: Here's Why
ZACKS· 2025-09-18 17:01
Nordea Bank AB (NRDBY) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the syst ...
Yext (YEXT) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-09-18 17:01
Core Viewpoint - Yext (YEXT) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the consensus measure of EPS estimates from sell-side analysts, reflecting the company's changing earnings picture [1][2]. - A strong correlation exists between earnings estimate revisions and near-term stock price movements, making the Zacks rating system valuable for investors [4][6]. Institutional Investor Influence - Institutional investors utilize earnings estimates to determine the fair value of a company's shares, impacting stock price movements through their large transactions [4]. Yext's Earnings Outlook - The recent rating upgrade for Yext indicates an improvement in the company's underlying business, which is expected to drive the stock price higher [5]. - Yext is projected to earn $0.66 per share for the fiscal year ending January 2026, with a significant increase of 300% in the Zacks Consensus Estimate over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7]. - Yext's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].
Sumitomo (SSUMY) Moves to Buy: Rationale Behind the Upgrade
ZACKS· 2025-09-18 17:01
Sumitomo Corp. (SSUMY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors o ...
Phathom Pharmaceuticals (PHAT) Upgraded to Buy: Here's Why
ZACKS· 2025-09-18 17:01
Core Viewpoint - Phathom Pharmaceuticals, Inc. (PHAT) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Ratings - The Zacks rating system is based on the Zacks Consensus Estimate, which aggregates EPS estimates from sell-side analysts for the current and following years [2]. - Changes in earnings estimates are strongly correlated with near-term stock price movements, making the Zacks rating system valuable for investors [3][5]. Impact of Institutional Investors - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [5]. - An increase in earnings estimates typically results in a higher fair value for a stock, prompting institutional investors to act accordingly [5]. Business Outlook for Phathom Pharmaceuticals - The upgrade in Zacks Rank for Phathom Pharmaceuticals reflects an improvement in the company's underlying business, which is expected to positively influence its stock price [6]. - Over the past three months, the Zacks Consensus Estimate for Phathom Pharmaceuticals has increased by 4.2%, indicating a positive trend in earnings expectations [9]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [8]. - Phathom Pharmaceuticals' upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [10][11].
Leonardo DRS, Inc. (DRS) Upgraded to Buy: Here's Why
ZACKS· 2025-09-18 17:01
Leonardo DRS, Inc. (DRS) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individ ...
United Bankshares (UBSI) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-09-18 17:01
Core Viewpoint - United Bankshares (UBSI) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system focuses on changes in earnings estimates as a key determinant of stock ratings, with a strong correlation between earnings estimate revisions and near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to assess a company's fair value, leading to stock price movements based on their buying or selling actions [4]. Recent Performance and Outlook - For the fiscal year ending December 2025, United Bankshares is expected to earn $3.14 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 5.9% over the past three months [8]. - The upgrade to Zacks Rank 2 places United Bankshares in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7]. - The system maintains a balanced distribution of ratings, ensuring that only the top 5% of stocks receive a "Strong Buy" rating, while the next 15% receive a "Buy" rating [9].
Sangoma Technologies Corporation (SANG) Q4 Earnings and Revenues Top Estimates
ZACKS· 2025-09-17 23:26
Sangoma Technologies Corporation (SANG) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to a loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +100.00%. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced a loss of $0.03, delivering no surprise.Over the last four quarters, the comp ...
Palantir Technologies Inc. (PLTR) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2025-09-17 22:46
Palantir Technologies Inc. (PLTR) closed the most recent trading day at $168.30, moving -1.15% from the previous trading session. This move lagged the S&P 500's daily loss of 0.1%. Meanwhile, the Dow gained 0.57%, and the Nasdaq, a tech-heavy index, lost 0.33%. Prior to today's trading, shares of the company had gained 7.93% outpaced the Computer and Technology sector's gain of 5.94% and the S&P 500's gain of 2.57%.The investment community will be paying close attention to the earnings performance of Palant ...
RollsRoyce (RYCEY) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-09-17 17:01
Core Viewpoint - Rolls-Royce Holdings PLC has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][4][6]. Earnings Estimates and Stock Ratings - The Zacks rating system is primarily driven by changes in a company's earnings picture, with the Zacks Consensus Estimate reflecting EPS estimates from sell-side analysts [2][3]. - The Zacks rating upgrade for Rolls-Royce suggests an improvement in its earnings outlook, likely leading to increased buying pressure and a rise in stock price [4][6]. Impact of Earnings Estimate Revisions - Changes in future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements, particularly due to institutional investors' reliance on these estimates for valuation [5][7]. - For Rolls-Royce, a 13.2% increase in the Zacks Consensus Estimate over the past three months indicates a positive trend in earnings expectations [9]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [8][10]. - Rolls-Royce's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [11].