Core Viewpoint - APA is experiencing a mixed performance in the market, with a recent increase in stock price but facing significant declines in expected earnings and revenue for the upcoming quarter and full year [1][2][3]. Company Performance - APA closed at $28.26, marking a +2.95% increase from the previous day, outperforming the S&P 500, which saw a loss of 0.01% [1]. - Over the past month, APA shares have gained 6.73%, which is below the Oils-Energy sector's gain of 13.82% but better than the S&P 500's loss of 0.28% [1]. Earnings Forecast - The upcoming earnings release on February 25, 2026, is expected to show an EPS of $0.62, reflecting a 21.52% decline year-over-year [2]. - Revenue is projected at $1.92 billion, indicating a 23.24% decrease compared to the same quarter last year [2]. - Full-year estimates predict earnings of $3.48 per share and revenue of $8.84 billion, representing year-over-year declines of -7.69% and -9.19%, respectively [3]. Analyst Estimates - Recent changes in analyst estimates for APA indicate a downward revision of 13.18% in the Zacks Consensus EPS estimate over the past month, leading to a Zacks Rank of 4 (Sell) [6]. - Upward revisions in estimates typically suggest positive sentiment regarding the company's business operations and profit generation capabilities [4]. Valuation Metrics - APA's Forward P/E ratio is currently 13.17, which is lower than the industry average of 13.69, suggesting that APA is trading at a discount compared to its peers [7]. - The PEG ratio for APA stands at 12.55, significantly higher than the industry average PEG ratio of 1.57, indicating a potential overvaluation based on projected earnings growth [8]. Industry Context - The Oil and Gas - Exploration and Production - United States industry, which includes APA, is currently ranked 233 out of over 250 industries, placing it in the bottom 5% [9]. - Historical data shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the challenges faced by companies in this sector [9].

Company Performance - Dropbox closed at $24.41, down 2.28% from the previous trading session, underperforming the S&P 500's loss of 0.01% [1] - Prior to the recent trading day, Dropbox shares had declined 6.62%, compared to a 1.54% loss in the Computer and Technology sector and a 0.28% loss in the S&P 500 [1] Upcoming Earnings - Dropbox is set to report earnings on February 19, 2026, with an expected earnings per share (EPS) of $0.66, reflecting a year-over-year decline of 9.59% [2] - The Zacks Consensus Estimate for revenue is projected at $627.51 million, down 2.5% from the previous year [2] Fiscal Year Projections - For the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.82 per share and revenue of $2.51 billion, indicating a 13.25% increase in earnings but a 1.41% decrease in revenue compared to the prior year [3] Analyst Estimates and Stock Performance - Recent changes in analyst estimates for Dropbox suggest confidence in the company's business performance and profit potential [3] - The Zacks Rank system, which incorporates estimate changes, currently ranks Dropbox at 3 (Hold) [5] Valuation Metrics - Dropbox has a Forward P/E ratio of 8.16, which is lower than the industry average of 15.58 [6] - The company has a PEG ratio of 1.32, compared to the Internet - Services industry average PEG ratio of 1.8 [6] Industry Context - The Internet - Services industry, which includes Dropbox, has a Zacks Industry Rank of 159, placing it in the bottom 36% 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]

Company Performance - PagSeguro Digital Ltd. closed at $11.17, reflecting a -1.24% change from the previous day, which is less than the S&P 500's daily loss of 0.01% [1] - Prior to the latest trading session, the company's shares had gained 11.65%, outperforming the Business Services sector's loss of 7% and the S&P 500's loss of 0.28% [1] Upcoming Earnings - The company is expected to report an EPS of $0.42, representing a 23.53% increase compared to the same quarter last year [2] - Revenue is anticipated to be $1.02 billion, indicating a 16.84% rise from the same quarter last year [2] Annual Forecast - Zacks Consensus Estimates project earnings of $1.46 per share and revenue of $3.85 billion for the year, reflecting increases of +20.66% and +10.25% respectively compared to the previous year [3] Analyst Estimates - Recent changes to analyst estimates for PagSeguro Digital Ltd. indicate evolving short-term business trends, with positive revisions suggesting analyst optimism regarding the company's profitability [3] Valuation Metrics - The company has a Forward P/E ratio of 6.84, which is below the industry average of 11.71 [6] - PagSeguro Digital Ltd. has a PEG ratio of 0.47, compared to the Financial Transaction Services industry's average PEG ratio of 1.03 [6] Industry Context - The Financial Transaction Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 140, placing it in the bottom 43% 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]

Company Performance - Western Midstream closed at $42.45, reflecting a +1.8% increase from the previous day, outperforming the S&P 500's daily loss of 0.01% [1] - Over the past month, shares of Western Midstream have decreased by 1.09%, while the Oils-Energy sector has gained 13.82% [1] Upcoming Earnings - The earnings report for Western Midstream is anticipated on February 18, 2026, with an expected EPS of $0.91, representing a 7.06% increase from the prior-year quarter [2] - Revenue is projected to be $1.11 billion, up 19.98% from the prior-year quarter [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $3.44 per share, a decrease of 14.43% from the prior year, while revenue is expected to be $3.93 billion, an increase of 8.9% [3] Analyst Forecasts - Recent revisions to analyst forecasts for Western Midstream are important as they reflect changes in short-term business dynamics, with positive revisions indicating analysts' confidence in business performance [4] Zacks Rank and Valuation - The Zacks Rank for Western Midstream is currently 3 (Hold), with the Zacks Consensus EPS estimate having decreased by 1.26% in the past month [6] - The company has a Forward P/E ratio of 11.44, which is lower than the industry's Forward P/E of 16.4, indicating a valuation discount [7] Industry Context - Western Midstream operates within the Oil and Gas - Refining and Marketing - Master Limited Partnerships industry, which is part of the Oils-Energy sector and currently holds a Zacks Industry Rank of 87, placing it in the top 36% of over 250 industries [7]

Core Viewpoint - Gold Fields (GFI) has shown strong performance in recent trading sessions, outperforming major indices and demonstrating significant monthly gains, indicating positive investor sentiment and potential growth in the upcoming earnings report [1][2]. Company Performance - GFI ended the recent trading session at $57.27, reflecting a +2.56% change from the previous day's closing price, outperforming the S&P 500, which had a daily loss of 0.01% [1]. - Over the past month, GFI's shares gained 12.69%, surpassing the Basic Materials sector's gain of 12.13% and the S&P 500's loss of 0.28% [1]. Earnings Estimates - For the full year, Zacks Consensus Estimates project earnings of $5.2 per share and revenue of $11.42 billion, representing increases of +293.94% and +119.57% from the prior year, respectively [2]. Analyst Sentiment - Recent changes to analyst estimates for Gold Fields indicate a positive outlook, with upward revisions suggesting optimism about the company's near-term business trends [3]. Valuation Metrics - Gold Fields has a Forward P/E ratio of 10.74, which is lower than the industry average of 12.92, indicating a potential undervaluation [6]. - The company's PEG ratio stands at 0.21, compared to the industry average of 0.42, suggesting favorable growth prospects relative to its valuation [6]. Industry Context - The Mining - Gold industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 53, placing it in the top 22% of over 250 industries, indicating strong overall performance potential [7].

Core Viewpoint - Gray Media (GTN) is facing significant challenges with projected earnings and revenue declines, yet it holds a strong buy rating according to the Zacks Rank system, indicating potential investment opportunities despite current performance issues [2][3][5]. Financial Performance - Gray Media's stock closed at $4.80, down 1.23% from the previous session, while the S&P 500 lost 0.01% on the same day [1]. - The company is expected to report earnings per share (EPS) of -$0.28 on February 26, 2026, which represents a 117.61% decrease from the same quarter last year [2]. - Full-year EPS estimates are projected at -$1.45, reflecting a year-over-year change of -143.15%, with revenue expected to be $3.08 billion, down 15.45% from the previous year [3]. Analyst Estimates and Market Sentiment - Recent revisions in analyst estimates indicate a positive outlook for Gray Media, with the Zacks Consensus EPS estimate increasing by 17.89% in the past month [5]. - The Zacks Rank system, which rates stocks from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Gray Media as 1, suggesting strong potential for future performance [5]. Valuation Metrics - Gray Media is trading at a Forward P/E ratio of 1.68, significantly lower than the industry average Forward P/E of 11.4, indicating a potential undervaluation [6]. - The Broadcast Radio and Television industry, which includes Gray Media, has a Zacks Industry Rank of 59, placing it in the top 25% of over 250 industries [6].

Company Performance - Novavax (NVAX) closed at $8.97, reflecting a +2.51% increase from the previous day, outperforming the S&P 500 which had a daily loss of 0.01% [1] - Over the past month, Novavax shares gained 0.92%, while the Medical sector and S&P 500 experienced losses of 1.31% and 0.28% respectively [1] Earnings Expectations - The upcoming earnings report for Novavax is expected to show an EPS of -$0.66, a decline of 29.41% compared to the same quarter last year [2] - Revenue is anticipated to be $78.41 million, indicating an 11.21% decrease from the same quarter of the previous year [2] Full-Year Estimates - Zacks Consensus Estimates project full-year earnings of $1.94 per share and revenue of $1.05 billion, representing year-over-year increases of +257.72% and +54.62% respectively [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Novavax are important as they reflect short-term business trends, with positive revisions indicating analysts' confidence in the company's performance [4] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 ranked stocks have yielded an average annual return of +25% since 1988 [6] - Novavax currently holds a Zacks Rank of 3 (Hold), with a 9.04% increase in the Zacks Consensus EPS estimate over the last 30 days [6] Industry Context - Novavax operates within the Medical - Biomedical and Genetics industry, which has a Zacks Industry Rank of 84, placing it in the top 35% of over 250 industries [7] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [7]

Core Viewpoint - Four Corners Property Trust (FCPT) reported quarterly funds from operations (FFO) of $0.45 per share, matching the Zacks Consensus Estimate and showing a slight increase from $0.44 per share a year ago [1] Financial Performance - The company posted revenues of $75.67 million for the quarter ended December 2025, which was 0.1% below the Zacks Consensus Estimate and an increase from $68.34 million year-over-year [2] - Over the last four quarters, FCPT has not surpassed consensus FFO or revenue estimates [2] Stock Performance - FCPT shares have increased approximately 9.9% since the beginning of the year, outperforming the S&P 500's gain of 1.4% [3] - The stock's immediate price movement will depend on management's commentary during the earnings call [3] Future Outlook - The current consensus FFO estimate for the upcoming quarter is $0.45 on revenues of $77.3 million, and for the current fiscal year, it is $1.85 on revenues of $317.44 million [7] - The estimate revisions trend for FCPT was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The REIT and Equity Trust - Other industry is currently ranked in the bottom 29% of over 250 Zacks industries, suggesting potential challenges for stocks in this sector [8]

Company Performance - Leidos (LDOS) closed at $173.00, down 11.15% from the previous trading session, underperforming the S&P 500 which lost 0.01% [1] - The stock has decreased by 0.63% over the past month, compared to a 1.54% loss in the Computer and Technology sector and a 0.28% loss in the S&P 500 [1] Upcoming Earnings - Leidos is set to release its earnings report on February 17, 2026, with projected EPS of $2.57, indicating an 8.44% increase year-over-year [2] - Revenue is expected to be $4.25 billion, reflecting a 2.58% decline from the same quarter last year [2] Annual Forecast - Zacks Consensus Estimates forecast earnings of $11.76 per share and revenue of $17.22 billion for the year, representing increases of 15.18% and 3.35% respectively compared to the previous year [3] - Recent analyst estimate revisions suggest optimism regarding the company's business and profitability [3] Valuation Metrics - Leidos has a Forward P/E ratio of 15.77, which is higher than the industry average of 15.25 [6] - The company has a PEG ratio of 1.36, compared to the industry average PEG ratio of 1.3 [6] Industry Context - The Computers - IT Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 140, placing it in the bottom 43% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Company Performance - The Trade Desk (TTD) shares closed at $27.23, reflecting a -3.2% change from the previous day's closing price, underperforming the S&P 500's daily loss of 0.01% [1] - Over the last month, TTD's shares have decreased by 24.26%, significantly lagging behind the Computer and Technology sector's loss of 1.54% and the S&P 500's loss of 0.28% [1] Upcoming Earnings - The Trade Desk is set to release its earnings report on February 25, 2026, with an expected EPS of $0.59, unchanged from the prior-year quarter [2] - Revenue is forecasted to be $841.87 million, indicating a 13.61% growth compared to the same quarter last year [2] Full Year Estimates - Analysts expect TTD to report earnings of $1.78 per share and revenue of $2.89 billion for the full year, representing changes of +7.23% and +18.26%, respectively, from the previous year [3] Analyst Estimates and Confidence - Recent modifications to analyst estimates for TTD indicate the dynamic nature of near-term business trends, with positive revisions reflecting analysts' confidence in the company's performance and profit potential [4] Valuation Metrics - TTD currently has a Forward P/E ratio of 13.42, which is lower than the industry average Forward P/E of 15.58, suggesting a valuation discount [6] - The company has a PEG ratio of 0.66, compared to the average PEG ratio of 1.8 for the Internet - Services industry, indicating a more favorable valuation relative to growth expectations [7] Industry Ranking - The Internet - Services industry, which includes TTD, has a Zacks Industry Rank of 159, placing it in the bottom 36% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the importance of industry ranking in investment decisions [8]