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Array Technologies, Inc. (ARRY) Stock Dips While Market Gains: Key Facts
ZACKS· 2026-01-06 00:16
Company Performance - Array Technologies, Inc. closed at $9.03, down 6.71% from the previous trading session, underperforming the S&P 500 which gained 0.64% [1] - The company's shares increased by 22.22% over the past month, outperforming the Oils-Energy sector's gain of 1.8% and the S&P 500's gain of 0.55% [1] Earnings Report Expectations - Array Technologies, Inc. is projected to report earnings of $0 per share, indicating a year-over-year decline of 100% [2] - The consensus estimate anticipates revenue of $210.84 million, reflecting a 23.4% decrease from the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $0.67 per share, with revenue expected to be $1.27 billion, showing changes of +11.67% and 0% respectively from the prior year [3] - Recent changes to analyst estimates indicate evolving short-term business trends, with positive revisions reflecting analyst optimism [3] Valuation Metrics - Array Technologies, Inc. has a Forward P/E ratio of 10.01, which is a discount compared to the industry average Forward P/E of 16.47 [6] - The company has a PEG ratio of 0.53, lower than the average PEG ratio of 0.61 for the Solar industry [6] Industry Context - The Solar industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 45, placing it in the top 19% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]
B2Gold (BTG) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2026-01-06 00:16
Core Viewpoint - B2Gold is experiencing significant stock performance fluctuations, with upcoming earnings expected to show a substantial increase in earnings per share (EPS) compared to the previous year [2][5]. Group 1: Stock Performance - In the latest trading session, B2Gold's stock rose by 1.11% to $4.55, outperforming the S&P 500's daily gain of 0.64% [1] - Prior to this session, B2Gold shares had decreased by 1.32%, lagging behind the Basic Materials sector's gain of 5.72% and the S&P 500's gain of 0.55% [1] Group 2: Earnings Projections - Analysts project B2Gold's EPS to be $0.22, indicating a remarkable 2100% increase from the same quarter last year [2] - For the entire fiscal year, earnings are estimated at $0.56 per share, with revenue projected at $3.12 billion, reflecting changes of +250% and 0% respectively from the prior year [2] Group 3: Analyst Estimates and Confidence - Changes in analyst estimates for B2Gold are crucial as they reflect short-term business trends and analysts' confidence in the company's performance [3] - Positive revisions in estimates are indicative of analysts' optimism regarding B2Gold's profit potential [3] Group 4: Valuation Metrics - B2Gold's current Forward P/E ratio stands at 6.3, which is a discount compared to the industry average Forward P/E of 11.89 [6] - The Mining - Gold industry, to which B2Gold belongs, is currently ranked 72 in the Zacks Industry Rank, placing it in the top 30% of over 250 industries [6] Group 5: Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a proven track record of outperforming, with 1 rated stocks yielding an average annual return of +25% since 1988 [5] - B2Gold currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [5]
Diamondback Energy (FANG) Stock Dips While Market Gains: Key Facts
ZACKS· 2026-01-06 00:16
Core Viewpoint - Diamondback Energy's stock has underperformed compared to the broader market and its sector, with a notable decline in both monthly performance and upcoming earnings projections indicating significant challenges ahead [1][2]. Group 1: Stock Performance - Diamondback Energy's stock closed at $146.99, down 3.51%, lagging behind the S&P 500's gain of 0.64% [1] - The stock has decreased by 3.95% over the past month, while the Oils-Energy sector gained 1.8% and the S&P 500 increased by 0.55% [1] Group 2: Earnings Projections - The upcoming earnings per share (EPS) for Diamondback Energy is projected at $2.49, representing a 31.59% decrease from the same quarter last year [2] - Revenue is estimated to be $3.38 billion, reflecting a 9.04% decline compared to the equivalent quarter last year [2] - For the entire year, earnings are forecasted at $12.98 per share, indicating a 21.67% decrease, while revenue is expected to remain flat at $14.51 billion [3] Group 3: Analyst Revisions and Ratings - Recent revisions to analyst forecasts are crucial as they reflect near-term business trends, with upward revisions indicating positive sentiment towards the company's operations [4] - The Zacks Rank system, which evaluates estimate changes, currently rates Diamondback Energy at 3 (Hold), with a recent 2.55% decrease in the consensus EPS estimate [6] Group 4: Valuation Metrics - Diamondback Energy is trading at a Forward P/E ratio of 14.48, which is higher than the industry average of 10.57, suggesting a premium valuation [7] - The Oil and Gas - Exploration and Production - United States industry ranks in the bottom 27% of all industries, according to the Zacks Industry Rank [7][8]
Why Rocket Lab Corporation (RKLB) Outpaced the Stock Market Today
ZACKS· 2026-01-06 00:16
Company Performance - Rocket Lab Corporation (RKLB) stock increased by 2.83% to $78.14, outperforming the S&P 500 which gained 0.64% [1] - Over the past month, Rocket Lab shares have risen by 54.91%, significantly higher than the Aerospace sector's gain of 10.26% and the S&P 500's gain of 0.55% [1] Financial Expectations - Analysts anticipate Rocket Lab to report earnings of -$0.05 per share, reflecting a year-over-year growth of 50% [2] - Revenue is expected to reach $178.38 million, representing a 34.74% increase from the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at -$0.20 per share and revenue at $600.52 million, indicating a 47.37% increase in earnings but no change in revenue compared to the previous year [3] - Recent analyst estimate revisions suggest a favorable outlook on Rocket Lab's business health and profitability [3] Analyst Ratings - The Zacks Rank system, which evaluates estimate changes, currently rates Rocket Lab Corporation at 3 (Hold) [5] - The consensus EPS projection has remained stable over the past 30 days [5] Industry Context - The Aerospace - Defense Equipment industry, part of the Aerospace sector, holds a Zacks Industry Rank of 106, placing it in the top 44% of over 250 industries [6] - Strong industry rankings correlate with better stock performance, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [6]
Gray Media (GTN) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2026-01-06 00:00
Company Performance - Gray Media (GTN) closed at $4.91, reflecting a +2.29% increase from the previous day, outperforming the S&P 500's gain of 0.64% [1] - The stock has risen by 4.58% over the past month, contrasting with the Consumer Discretionary sector's slight loss of 0.05% and the S&P 500's gain of 0.55% [1] Earnings Expectations - The upcoming earnings report is anticipated to show an EPS of -$0.05, representing a decline of 103.14% compared to the same quarter last year [2] - For the full year, analysts expect earnings of -$1.4 per share and revenue of $0 million, indicating changes of -141.67% and 0% respectively from the previous year [2] Analyst Estimates - Recent changes to analyst estimates for Gray Media are crucial as they reflect the evolving business trends, with positive adjustments indicating analyst optimism [3] - The Zacks Consensus EPS estimate has remained unchanged over the past month, and Gray Media currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Gray Media has a Forward P/E ratio of 1.95, which is significantly lower than the industry average Forward P/E of 11.87 [5] Industry Context - The Broadcast Radio and Television industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 182, placing it in the bottom 26% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]
Twilio (TWLO) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2026-01-06 00:00
Company Performance - Twilio's stock closed at $136.24, reflecting a decrease of -1.53% from the previous day, underperforming the S&P 500 which gained 0.64% [1] - Over the past month, Twilio's stock has increased by 8.67%, outperforming the Computer and Technology sector's decline of -0.21% and the S&P 500's gain of 0.55% [1] Upcoming Earnings - Twilio is expected to report an EPS of $1.24, representing a 24% increase from the same quarter last year [2] - Revenue is forecasted at $1.32 billion, indicating a 10.22% rise compared to the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $4.81 per share, reflecting a growth of +31.06%, while revenue is expected to remain stable at $5.01 billion [3] - Recent changes in analyst estimates suggest a favorable outlook on Twilio's business health and profitability [3] Valuation Metrics - Twilio has a Forward P/E ratio of 25.49, which is a premium compared to the industry average Forward P/E of 24.2 [5] - The company has a PEG ratio of 1.28, which is lower than the average PEG ratio of 1.54 for Internet - Software stocks [6] Industry Context - The Internet - Software industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 58, placing it in the top 24% of over 250 industries [7] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Agnico Eagle Mines (AEM) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2026-01-05 23:51
Company Performance - Agnico Eagle Mines (AEM) closed at $175.16, marking a +2.76% move from the prior day, outperforming the S&P 500 which gained 0.64% [1] - The company's shares increased by 0.96% over the last month, lagging behind the Basic Materials sector's gain of 5.72% and slightly outperforming the S&P 500's gain of 0.55% [1] Upcoming Earnings - Analysts expect Agnico Eagle Mines to post earnings of $2.01 per share, reflecting a year-over-year growth of 59.52% [2] - The consensus estimate projects revenue of $3 billion, indicating a 35.01% rise from the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $7.87 per share, representing an increase of +86.05%, while revenue is expected to remain flat at $11.49 billion [3] - Recent revisions to analyst forecasts are crucial as they indicate changing business trends, with positive revisions suggesting analyst optimism [3] Valuation Metrics - Agnico Eagle Mines has a Forward P/E ratio of 17.57, which is a premium compared to the industry average of 11.89 [6] - The company has a PEG ratio of 0.5, compared to the Mining - Gold industry's average PEG ratio of 0.38 [6] Industry Context - The Mining - Gold industry is part of the Basic Materials sector, holding a Zacks Industry Rank of 72, placing it in the top 30% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [7]
Enbridge (ENB) Stock Sinks As Market Gains: Here's Why
ZACKS· 2026-01-05 23:51
In the latest trading session, Enbridge (ENB) closed at $46.58, marking a -3.2% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.64%. On the other hand, the Dow registered a gain of 1.23%, and the technology-centric Nasdaq increased by 0.69%. The stock of oil and natural gas transportation and power transmission company has risen by 0.06% in the past month, lagging the Oils-Energy sector's gain of 1.8% and the S&P 500's gain of 0.55%.The upcoming earnings release ...
Newmont Corporation (NEM) Outperforms Broader Market: What You Need to Know
ZACKS· 2026-01-05 23:51
In the latest close session, Newmont Corporation (NEM) was up +2.28% at $103.53. This change outpaced the S&P 500's 0.64% gain on the day. At the same time, the Dow added 1.23%, and the tech-heavy Nasdaq gained 0.69%. Coming into today, shares of the gold and copper miner had gained 12.77% in the past month. In that same time, the Basic Materials sector gained 5.72%, while the S&P 500 gained 0.55%. The investment community will be closely monitoring the performance of Newmont Corporation in its forthcoming ...
Why Hecla Mining (HL) Might be Well Poised for a Surge
ZACKS· 2026-01-05 18:26
Investors might want to bet on Hecla Mining (HL) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this precious metals company, should get reflected in its stock price. After all, empirical research shows a strong correlation b ...