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Allstate (ALL) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2025-06-24 22:50
Company Performance - Allstate's stock closed at $196.05, down 1.15% from the previous trading session, underperforming the S&P 500's gain of 1.11% [1] - Over the last month, Allstate's shares decreased by 2.42%, while the Finance sector gained 1.91% and the S&P 500 gained 3.92% [1] Upcoming Financial Results - Allstate is expected to report an EPS of $3.2, reflecting a significant increase of 98.76% from the same quarter last year [2] - Revenue is forecasted to be $17.29 billion, indicating a 9.29% increase compared to the same quarter of the previous year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $18.2 per share, a decrease of 0.66% from the prior year, while revenue is expected to be $69.19 billion, representing a 7.55% increase [3] Analyst Estimates and Revisions - Recent changes to analyst estimates for Allstate are important as they reflect short-term business trends and analysts' confidence in performance [4] - Positive revisions in estimates are correlated with near-term share price momentum [5] Zacks Rank and Valuation - Allstate currently holds a Zacks Rank of 3 (Hold), with a consensus EPS projection that has increased by 1.69% in the past 30 days [6] - The company has a Forward P/E ratio of 10.9, which is lower than the industry's Forward P/E of 11.94, and a PEG ratio of 1.03 compared to the industry average of 2.74 [7] Industry Context - The Insurance - Property and Casualty industry is part of the Finance sector and has a Zacks Industry Rank of 55, placing it in the top 23% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
American Express (AXP) Rises Higher Than Market: Key Facts
ZACKS· 2025-06-24 22:50
Group 1 - American Express (AXP) stock increased by 2.92% to $308.38, outperforming the S&P 500's daily gain of 1.11% [1] - Over the past month, AXP shares gained 5.05%, surpassing the Finance sector's gain of 1.91% and the S&P 500's gain of 3.92% [1] Group 2 - American Express is expected to report earnings on July 18, 2025, with a forecasted EPS of $3.85, reflecting a 10.32% increase from the same quarter last year [2] - Revenue is projected to be $17.7 billion, up 8.35% from the prior-year quarter [2] Group 3 - For the full year, analysts expect earnings of $15.21 per share and revenue of $71.27 billion, indicating increases of 13.93% and 8.08% respectively from last year [3] Group 4 - Recent changes in analyst estimates for American Express indicate a positive outlook for the company's business and profitability [4] Group 5 - The Zacks Rank system, which assesses estimate changes, suggests that these adjustments correlate with stock price performance [5] - American Express currently holds a Zacks Rank of 3 (Hold), with a recent consensus EPS projection increase of 0.1% [6] Group 6 - American Express has a Forward P/E ratio of 19.7, which is higher than the industry average of 11.42 [7] - The company has a PEG ratio of 1.46, compared to the industry average PEG ratio of 1.01 [7] Group 7 - The Financial - Miscellaneous Services industry, part of the Finance sector, ranks in the top 39% of all industries according to the Zacks Industry Rank [8]
CVS Health (CVS) Laps the Stock Market: Here's Why
ZACKS· 2025-06-24 22:46
CVS Health (CVS) closed at $67.58 in the latest trading session, marking a +1.15% move from the prior day. This move outpaced the S&P 500's daily gain of 1.11%. Elsewhere, the Dow gained 1.19%, while the tech-heavy Nasdaq added 1.43%. The stock of drugstore chain and pharmacy benefits manager has risen by 9.83% in the past month, leading the Medical sector's gain of 2.14% and the S&P 500's gain of 3.92%.Investors will be eagerly watching for the performance of CVS Health in its upcoming earnings disclosure. ...
Pfizer (PFE) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2025-06-24 22:46
In the latest close session, Pfizer (PFE) was up +1.17% at $24.31. The stock outpaced the S&P 500's daily gain of 1.11%. Meanwhile, the Dow gained 1.19%, and the Nasdaq, a tech-heavy index, added 1.43%. The drugmaker's shares have seen an increase of 3.04% over the last month, surpassing the Medical sector's gain of 2.14% and falling behind the S&P 500's gain of 3.92%.Investors will be eagerly watching for the performance of Pfizer in its upcoming earnings disclosure. It is anticipated that the company will ...
Alaska Air Group (ALK) Rises Higher Than Market: Key Facts
ZACKS· 2025-06-23 23:16
Company Performance - Alaska Air Group (ALK) shares increased by 1.6% to $47.73, outperforming the S&P 500's daily gain of 0.96% [1] - Over the past month, ALK shares have depreciated by 7.36%, underperforming the Transportation sector's loss of 2.22% and the S&P 500's gain of 0.5% [1] Earnings Forecast - Analysts predict Alaska Air Group will report an EPS of $1.57, reflecting a 38.43% decline compared to the same quarter last year [2] - Revenue is expected to be $3.66 billion, indicating a 26.26% increase compared to the same quarter of the previous year [2] - For the entire year, earnings are forecasted at $3.65 per share and revenue at $14.21 billion, showing changes of -25.05% and +21.09% respectively compared to the previous year [3] Analyst Sentiment - Recent revisions to analyst forecasts for Alaska Air Group are crucial as they indicate changing near-term business trends [4] - Positive alterations in estimates suggest analyst optimism regarding the business and profitability [4] Valuation Metrics - Alaska Air Group has a Forward P/E ratio of 12.87, which is a premium compared to the industry average Forward P/E of 9.05 [7] - The company has a PEG ratio of 0.48, while the Transportation - Airline industry has an average PEG ratio of 0.84 [8] Industry Context - The Transportation - Airline industry holds a Zacks Industry Rank of 70, placing it in the top 29% of over 250 industries [9] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [9]
Gladstone Commercial (GOOD) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2025-06-23 23:16
Company Performance - Gladstone Commercial (GOOD) stock increased by 1.32% to $14.57, outperforming the S&P 500's gain of 0.96% [1] - Prior to the latest trading session, shares had gained 3.83%, contrasting with the Finance sector's loss of 1.18% and the S&P 500's gain of 0.5% [1] Earnings Estimates - The upcoming earnings release is projected to show earnings per share (EPS) of $0.35, a decrease of 2.78% from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is $37.86 million, reflecting an increase of 2.16% from the previous year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates forecast earnings of $1.41 per share and revenue of $152.02 million, indicating changes of -0.7% and +1.76% respectively compared to the previous year [3] Analyst Sentiment - Recent changes to analyst estimates for Gladstone Commercial are important, as positive revisions indicate optimism about the business and profitability [3][4] Valuation Metrics - Gladstone Commercial has a Forward P/E ratio of 10.18, which is lower than the industry average Forward P/E of 11.75 [6] - The company has a PEG ratio of 1.7, compared to the industry average PEG ratio of 2.46 [6] Industry Context - The REIT and Equity Trust - Other industry, part of the Finance sector, has a Zacks Industry Rank of 99, placing it in the top 41% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Valero Energy (VLO) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-06-23 23:16
Group 1: Stock Performance - Valero Energy (VLO) closed at $137.06, down 2.86% from the previous day, underperforming the S&P 500 which gained 0.96% [1] - Over the past month, Valero's shares have increased by 9.76%, outperforming the Oils-Energy sector's gain of 6.67% and the S&P 500's gain of 0.5% [1] Group 2: Upcoming Earnings Release - Valero Energy's earnings report is expected on July 24, 2025, with an anticipated EPS of $1.77, representing a 34.69% decline compared to the same quarter last year [2] - The Zacks Consensus Estimate projects net sales of $27.83 billion, down 19.3% from the year-ago period [2] Group 3: Fiscal Year Projections - For the entire fiscal year, the Zacks Consensus Estimates project earnings of $6.19 per share and revenue of $115.9 billion, reflecting changes of -27% and -10.76% respectively from the prior year [3] - Recent changes to analyst estimates indicate a favorable outlook on Valero's business health and profitability [3] Group 4: Zacks Rank and Valuation - Valero Energy currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate moving 1.01% higher over the past month [5] - The company has a Forward P/E ratio of 22.79, which is a premium compared to the industry average Forward P/E of 17.67 [6] Group 5: PEG Ratio and Industry Ranking - Valero's PEG ratio is currently 2.46, compared to the industry average PEG ratio of 1.62 [7] - The Oil and Gas - Refining and Marketing industry, which includes Valero, ranks in the bottom 42% of all industries according to the Zacks Industry Rank [8]
Schlumberger (SLB) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-06-23 23:01
Schlumberger (SLB) closed the most recent trading day at $33.73, moving -5.89% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.96%. On the other hand, the Dow registered a gain of 0.89%, and the technology-centric Nasdaq increased by 0.94%. Prior to today's trading, shares of the world's largest oilfield services company had gained 6.48% lagged the Oils-Energy sector's gain of 6.67% and outpaced the S&P 500's gain of 0.5%.Market participants will be closel ...
Why Cloudflare (NET) Outpaced the Stock Market Today
ZACKS· 2025-06-23 23:01
Company Performance - Cloudflare's stock increased by 2.55% to $183.87, outperforming the S&P 500's daily gain of 0.96% [1] - Prior to the latest trading session, Cloudflare shares had gained 13.45%, significantly exceeding the Computer and Technology sector's gain of 2.53% and the S&P 500's gain of 0.5% [1] Earnings Expectations - The upcoming earnings report is expected to show an EPS of $0.18, which is a 10% decrease from the same quarter last year [2] - Revenue is projected to be $500.72 million, reflecting a 24.87% increase compared to the equivalent quarter last year [2] Annual Forecast - For the entire year, earnings are forecasted at $0.79 per share and revenue at $2.09 billion, indicating increases of 5.33% and 25.38% respectively compared to the previous year [3] - Recent changes in analyst estimates suggest a favorable outlook on Cloudflare's business health and profitability [3] Analyst Ratings - The Zacks Rank system currently rates Cloudflare at 3 (Hold), with a recent 0.87% increase in the consensus EPS estimate over the last 30 days [5] - The Zacks Rank has a strong track record, with 1 ranked stocks yielding an average annual return of +25% since 1988 [5] Valuation Metrics - Cloudflare has a Forward P/E ratio of 226.3, indicating a premium compared to its industry's Forward P/E of 27.81 [6] - The company has a PEG ratio of 9.21, significantly higher than the Internet - Software industry's average PEG ratio of 2.1 [6] Industry Context - The Internet - Software industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 54, placing it in the top 22% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Petrobras (PBR) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-06-23 22:51
Company Performance - Petrobras closed at $12.70, reflecting a -2.83% change from the previous day, underperforming compared to the S&P 500's 0.96% gain [1] - Prior to this trading session, Petrobras shares had increased by 10.39%, surpassing the Oils-Energy sector's gain of 6.67% and the S&P 500's gain of 0.5% [1] Earnings Projections - The upcoming EPS for Petrobras is projected at $0.65, indicating a 38.30% increase compared to the same quarter last year [2] - Revenue is estimated to be $20.36 billion, reflecting a 13.24% decline from the corresponding quarter of the previous year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are expected to be $2.79 per share, with revenue projected at $83.32 billion, representing changes of -6.38% and -8.86% respectively from the previous year [3] - Recent analyst estimate revisions are crucial as they reflect near-term business trends, with upward revisions indicating positive sentiment towards the company's operations [3] Stock Performance and Ranking - The Zacks Rank system, which assesses stock performance based on estimate changes, currently ranks Petrobras at 3 (Hold) [5] - Over the past month, the Zacks Consensus EPS estimate for Petrobras has increased by 1.27% [5] Valuation Metrics - Petrobras is currently trading at a Forward P/E ratio of 4.69, which is significantly lower than its industry's Forward P/E of 11.11 [6] - The Oil and Gas - Integrated - International industry, which includes Petrobras, holds a Zacks Industry Rank of 202, placing it in the bottom 18% of over 250 industries [6]