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Lucid Group (LCID) Declines More Than Market: Some Information for Investors
ZACKS· 2026-03-18 23:15
Company Overview - Lucid Group (LCID) closed at $9.95, reflecting a decrease of -3.59% from the previous day's closing price, underperforming the S&P 500 which fell by 1.36% [1] - The stock has increased by 4.03% over the past month, outperforming the Auto-Tires-Trucks sector's decline of 6.26% and the S&P 500's loss of 1.76% [1] Financial Performance Expectations - Lucid Group is anticipated to report an EPS of -$2.37, which is an increase of 1.25% compared to the same quarter last year [2] - Revenue is expected to reach $471.83 million, representing a significant increase of 100.74% year-over-year [2] - For the full year, analysts project an EPS of -$9.83 and revenue of $2.26 billion, indicating changes of +18.69% and +67.28% respectively from the previous year [3] Analyst Estimates and Market Sentiment - Recent modifications to analyst estimates for Lucid Group are crucial as they reflect short-term business trends [4] - Upward revisions in estimates indicate analysts' positive outlook on the company's operations and profit generation capabilities [4] - The Zacks Rank system, which evaluates these estimate changes, currently ranks Lucid Group at 3 (Hold), with a recent 8.78% decline in the Zacks Consensus EPS estimate [6] Industry Context - The Automotive - Domestic industry, which includes Lucid Group, holds a Zacks Industry Rank of 159, placing it in the bottom 36% of over 250 industries [7] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]
Cardinal Health (CAH) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2026-03-18 23:15
Core Viewpoint - Cardinal Health's stock has shown a decline recently, but upcoming earnings are expected to reflect significant growth in both earnings per share and revenue compared to the previous year [1][2]. Group 1: Stock Performance - Cardinal Health closed at $211.87, down 2.08% from the previous day, which is less than the S&P 500's loss of 1.36% [1] - Over the past month, Cardinal Health's shares have depreciated by 4.09%, outperforming the Medical sector's loss of 5.66% but lagging behind the S&P 500's loss of 1.76% [1] Group 2: Earnings Projections - The upcoming earnings release is projected to show earnings per share (EPS) of $2.8, a 19.15% increase from the same quarter last year [2] - Revenue is expected to reach $62.42 billion, indicating a 13.74% increase compared to the same quarter of the previous year [2] - For the full year, analysts expect earnings of $10.31 per share and revenue of $259.27 billion, reflecting changes of +25.12% and +16.48% respectively from last year [3] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for Cardinal Health indicate positive sentiment regarding the company's business operations and profit generation capabilities [4] - The Zacks Rank system currently rates Cardinal Health as 2 (Buy), with a consensus EPS projection having moved 0.04% higher in the past 30 days [6] Group 4: Valuation Metrics - Cardinal Health is trading at a Forward P/E ratio of 20.98, which is higher than the industry average of 15.71, suggesting a premium valuation [7] - The company's PEG ratio is currently 1.39, compared to the Medical - Dental Supplies industry's average PEG ratio of 1.82, indicating a favorable growth outlook [8] Group 5: Industry Context - The Medical - Dental Supplies industry, part of the Medical sector, has a Zacks Industry Rank of 62, placing it in the top 26% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the potential for investment opportunities within this sector [9]
Cipher Digital Inc. (CIFR) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2026-03-18 23:15
Company Performance - Cipher Digital Inc. closed at $14.67, down 2.78% from the previous trading session, underperforming the S&P 500 which lost 1.36% [1] - Over the past month, shares of Cipher Digital Inc. have decreased by 3.52%, while the Business Services sector and the S&P 500 lost 1.11% and 1.76% respectively [1] Earnings Projections - The upcoming EPS for Cipher Digital Inc. is projected at -$0.27, representing a 145.45% decline compared to the same quarter last year [2] - Revenue is estimated to be $34.56 million, indicating a 29.41% decrease from the corresponding quarter of the previous year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are predicted to be -$0.9 per share, with revenue expected to reach $236.95 million, reflecting changes of +58.14% and +5.81% respectively from the previous year [3] Analyst Estimates - Recent adjustments to analyst estimates for Cipher Digital Inc. are crucial as they reflect changing business trends, with positive revisions indicating a favorable outlook on business health and profitability [4] Zacks Rank and Industry Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Cipher Digital Inc. as 3 (Hold) [6] - The Technology Services industry, part of the Business Services sector, has a Zacks Industry Rank of 179, placing it in the bottom 27% of over 250 industries [7]
Hyster-Yale (HY) Declines More Than Market: Some Information for Investors
ZACKS· 2026-03-18 23:15
Company Performance - Hyster-Yale's stock closed at $29.90, down 3.45% from the previous trading session, underperforming the S&P 500, which fell by 1.36% [1] - The company has experienced a significant decline of 22.5% prior to the current trading day, compared to the Industrial Products sector's loss of 8.71% and the S&P 500's loss of 1.76% [1] Upcoming Earnings - Hyster-Yale is expected to report an EPS of -$1.9, representing a decline of 487.76% from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projected at $878.12 million, down 3.55% from the previous year [2] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates predict an EPS of -$1.95 and revenue of $3.71 billion, indicating changes of -8.94% and -1.57% respectively from the prior year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Hyster-Yale should be monitored, as they reflect short-term business trends and can indicate optimism about the business outlook [4] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Hyster-Yale at 5 (Strong Sell), following a 134.94% fall in the Zacks Consensus EPS estimate over the past month [6] Industry Context - Hyster-Yale operates within the Manufacturing - Construction and Mining industry, which is part of the Industrial Products sector, currently holding a Zacks Industry Rank of 179, placing it in the bottom 27% of over 250 industries [7]
Why Rigetti Computing, Inc. (RGTI) Dipped More Than Broader Market Today
ZACKS· 2026-03-18 23:00
Company Performance - Rigetti Computing, Inc. (RGTI) experienced a decline of 3.39% to $15.67 in the latest trading session, underperforming the S&P 500's loss of 1.36% [1] - Over the past month, the company's shares have increased by 4.04%, outperforming the Computer and Technology sector's loss of 0.24% and the S&P 500's loss of 1.76% [1] Earnings Estimates - The upcoming earnings release for Rigetti Computing is projected to show earnings per share (EPS) of -$0.05, which represents a 37.5% increase from the same quarter last year [2] - Revenue is expected to be $3.25 million, indicating a significant growth of 120.75% compared to the same quarter of the previous year [2] Full Year Projections - For the full year, analysts expect earnings of -$0.17 per share and revenue of $25.14 million, reflecting changes of +73.44% and +254.73% respectively from the previous year [3] - Recent changes to analyst estimates for Rigetti Computing are important as they reflect near-term business trends, with positive revisions indicating a favorable business outlook [3] Zacks Rank and Industry Performance - The Zacks Rank system, which assesses estimate changes, currently ranks Rigetti Computing at 3 (Hold), with a recent upward shift of 2.86% in the consensus EPS estimate [5] - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 142, placing it in the bottom 43% of over 250 industries [6]
Enbridge (ENB) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2026-03-18 22:50
Company Performance - Enbridge (ENB) closed at $53.24, down 1.5% from the previous trading session, underperforming the S&P 500's loss of 1.36% [1] - Over the past month, Enbridge shares gained 5.07%, while the Oils-Energy sector increased by 10.02% [1] Upcoming Financial Results - Enbridge is expected to report an EPS of $0.7, reflecting a 2.78% decline compared to the same quarter last year [2] - Revenue is anticipated to be $11.72 billion, indicating a 9.09% decrease year-over-year [2] Full-Year Estimates - Zacks Consensus Estimates project earnings of $2.24 per share and revenue of $45.13 billion for the full year, representing year-over-year changes of +3.7% and -3.15%, respectively [3] - Changes in analyst estimates are crucial as they reflect the shifting dynamics of short-term business patterns [3] Valuation Metrics - Enbridge has a Forward P/E ratio of 24.08, which is a premium compared to the industry average Forward P/E of 19.41 [5] Industry Context - The Oil and Gas - Production and Pipelines industry is ranked 179 in the Zacks Industry Rank, placing it in the bottom 27% of over 250 industries [6] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]
Here's Why Celestica (CLS) Fell More Than Broader Market
ZACKS· 2026-03-18 22:46
Company Performance - Celestica's stock closed at $273.58, reflecting a decrease of -2.97% from the previous day's closing price, underperforming the S&P 500 which fell by 1.36% [1] - Prior to the recent trading session, Celestica's shares had declined by 1.64%, which was worse than the Computer and Technology sector's loss of 0.24% and slightly better than the S&P 500's loss of 1.76% [1] Upcoming Earnings - Analysts anticipate that Celestica will report earnings of $2.07 per share, indicating a year-over-year growth of 72.5% [2] - The consensus estimate for quarterly revenue is projected at $4 billion, representing an increase of 51.16% compared to the same period last year [2] Full Year Estimates - For the full year, analysts expect earnings of $8.83 per share and revenue of $17.03 billion, which would signify increases of +45.95% and +37.42% respectively from the previous year [3] Analyst Sentiment - Recent changes in analyst estimates for Celestica suggest a positive outlook on the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which incorporates these estimate changes, indicates a favorable rating for Celestica, currently holding a Zacks Rank of 2 (Buy) [6] Valuation Metrics - Celestica is currently trading at a Forward P/E ratio of 31.93, which is higher than the industry's Forward P/E of 23.96, indicating a premium valuation [7] - The Electronics - Manufacturing Services industry, to which Celestica belongs, has a Zacks Industry Rank of 5, placing it in the top 3% of over 250 industries [7]
Surging Earnings Estimates Signal Upside for Jones Lang LaSalle (JLL) Stock
ZACKS· 2026-03-18 17:20
Core Viewpoint - Jones Lang LaSalle (JLL) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimate Revisions - The rising trend in earnings estimate revisions reflects growing analyst optimism about JLL's earnings prospects, which is expected to positively impact its stock price [2]. - For the current quarter, JLL is projected to earn $2.87 per share, representing a 24.2% increase from the previous year, with a 5.52% increase in the Zacks Consensus Estimate over the last 30 days [6]. - For the full year, JLL is expected to earn $21.76 per share, a 15.7% increase from the prior year, with five estimates moving up and no negative revisions in the past month [7]. Zacks Rank and Performance - JLL has achieved a Zacks Rank 2 (Buy), indicating strong agreement among analysts in raising earnings estimates, which historically correlates with stock performance [8]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have shown significant outperformance compared to the S&P 500, with Zacks 1 stocks averaging a 25% annual return since 2008 [3][8]. Investment Outlook - JLL's stock has increased by 5.6% over the past four weeks due to strong estimate revisions, suggesting potential for further upside, making it a candidate for portfolio addition [9].
LCUT or SN: Which Is the Better Value Stock Right Now?
ZACKS· 2026-03-18 16:42
Core Viewpoint - The comparison between Lifetime Brands (LCUT) and SharkNinja, Inc. (SN) indicates that LCUT is more attractive to value investors due to its stronger Zacks Rank and favorable valuation metrics [1][3]. Group 1: Zacks Rank and Earnings Estimates - LCUT has a Zacks Rank of 1 (Strong Buy), while SN has a Zacks Rank of 3 (Hold), suggesting that LCUT is experiencing a more positive earnings outlook [3]. - The Zacks Rank system emphasizes companies with strong earnings estimate revisions, which benefits LCUT [2][3]. Group 2: Valuation Metrics - LCUT has a forward P/E ratio of 7.07, significantly lower than SN's forward P/E of 17.48, indicating that LCUT may be undervalued [5]. - The PEG ratio for LCUT is 0.50, compared to SN's PEG ratio of 1.34, further suggesting that LCUT is a better value option considering expected earnings growth [5]. - LCUT's P/B ratio is 0.48, while SN's P/B ratio is 5.55, reinforcing the notion that LCUT is undervalued relative to its book value [6]. - These valuation metrics contribute to LCUT receiving a Value grade of A, whereas SN has a Value grade of C [6].
Cintas (CTAS) Earnings Expected to Grow: What to Know Ahead of Q3 Release
ZACKS· 2026-03-18 15:01
Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Cintas, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Cintas is expected to report quarterly earnings of $1.23 per share, reflecting an 8.9% increase year-over-year [3]. - Revenue projections stand at $2.81 billion, indicating a 7.9% rise from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.09% over the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP of +1.40% suggests analysts have recently become more optimistic about Cintas' earnings prospects [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - Cintas currently holds a Zacks Rank of 3, which, along with the positive Earnings ESP, suggests a likelihood of beating the consensus EPS estimate [12]. Historical Performance - Cintas has consistently beaten consensus EPS estimates, achieving this in the last four quarters [14]. - In the last reported quarter, Cintas delivered a surprise of +1.68%, with actual earnings of $1.21 per share compared to an expected $1.19 [13]. Conclusion - Cintas is positioned as a compelling candidate for an earnings beat, but investors should consider other factors influencing stock performance ahead of the earnings release [17].