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Fortinet (FTNT) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2025-03-24 22:55
Company Performance - Fortinet's stock closed at $99.79, with a daily increase of +1.16%, underperforming the S&P 500's gain of 1.77% [1] - Over the past month, Fortinet's shares have decreased by 10.33%, while the Computer and Technology sector and the S&P 500 have lost 9.47% and 5.73%, respectively [1] Earnings Forecast - Fortinet is expected to report an EPS of $0.53, reflecting a 23.26% increase from the same quarter last year [2] - The projected revenue for Fortinet is $1.54 billion, which is a 13.52% rise compared to the previous year [2] Full-Year Estimates - The full-year Zacks Consensus Estimates predict earnings of $2.46 per share and revenue of $6.76 billion, indicating year-over-year growth of +3.8% and +13.49%, respectively [3] - Recent changes in analyst estimates for Fortinet are crucial as they often indicate short-term business trends [3] Zacks Rank and Valuation - Fortinet currently holds a Zacks Rank of 2 (Buy), with a consensus EPS projection that has increased by 1.29% in the last 30 days [5] - The company has a Forward P/E ratio of 40.17, which is lower than the industry average of 61.78, suggesting a valuation discount [5] Industry Context - Fortinet's PEG ratio stands at 3.09, which considers projected earnings growth alongside the P/E ratio [6] - The Security industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 82, placing it in the top 33% of over 250 industries [6][7]
Gilead Sciences (GILD) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-03-24 22:55
Core Viewpoint - Gilead Sciences is experiencing a mixed performance in the stock market, with upcoming earnings expected to show significant growth in EPS while revenue remains relatively stable compared to the previous year [1][3][4]. Company Performance - Gilead Sciences closed at $106.67, reflecting a decrease of -0.38% from the previous day, underperforming against the S&P 500, which gained 1.77% [1] - Over the past month, Gilead's shares have declined by 2.61%, which is a smaller loss compared to the Medical sector's decline of 1.17% and the S&P 500's loss of 5.73% [2] Earnings Expectations - The company is anticipated to report an EPS of $1.73, representing a substantial increase of 231.06% from the same quarter last year [3] - Revenue is projected to be $6.78 billion, reflecting a modest increase of 1.36% year-over-year [3] - For the full year, analysts expect earnings of $7.87 per share and revenue of $28.55 billion, indicating a year-over-year earnings growth of 70.35% but a slight revenue decline of -0.7% [4] Analyst Estimates and Ratings - Recent changes in analyst estimates for Gilead Sciences are crucial as they indicate short-term business trends and analysts' confidence in the company's performance [5] - The Zacks Rank system currently rates Gilead Sciences as 2 (Buy), with a 0.05% increase in the Zacks Consensus EPS estimate over the past month [7] Valuation Metrics - Gilead Sciences has a Forward P/E ratio of 13.61, which is lower than the industry average of 18.52, suggesting that the stock is trading at a discount [8] - The company also has a PEG ratio of 0.7, compared to the industry average PEG ratio of 1.51, indicating favorable valuation relative to expected earnings growth [9] Industry Context - The Medical - Biomedical and Genetics industry, which includes Gilead Sciences, holds a Zacks Industry Rank of 74, placing it in the top 30% of over 250 industries [10]
Paypal (PYPL) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2025-03-24 22:50
Company Performance - Paypal's stock closed at $70.97, reflecting a +1.11% change from the previous day, while the S&P 500 gained 1.77% [1] - Over the past month, Paypal's stock has decreased by 6.35%, which is better than the Business Services sector's decline of 7.87% but worse than the S&P 500's loss of 5.73% [1] Upcoming Earnings - The upcoming EPS for Paypal is projected at $1.16, indicating a 17.14% decrease compared to the same quarter last year [2] - Revenue is expected to reach $7.82 billion, representing a 1.57% increase from the year-ago quarter [2] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $5.02 per share, with revenue expected to be $32.98 billion, reflecting increases of +7.96% and +3.72% respectively from the prior year [3] Analyst Projections - Recent shifts in analyst projections for Paypal are important to monitor, as they often reflect changes in short-term business dynamics [4] - Positive revisions in estimates suggest a favorable outlook on the company's business health and profitability [4] Zacks Rank and Valuation - Paypal currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having increased by 0.04% in the past month [6] - The Forward P/E ratio for Paypal is 13.98, which is lower than the industry average of 15.25 [6] PEG Ratio - Paypal has a PEG ratio of 1.19, compared to the Financial Transaction Services industry's average PEG ratio of 1.41 [7] Industry Context - The Financial Transaction Services industry is part of the Business Services sector, which has a Zacks Industry Rank of 133, placing it in the bottom 48% 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]
AT&T (T) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-03-24 22:50
Group 1 - AT&T's stock closed at $26.96, showing a slight decline of -0.22% compared to the previous day, while the S&P 500 gained 1.77% [1] - Over the past month, AT&T's stock has increased by 1.5%, contrasting with a 9.47% loss in the Computer and Technology sector and a 5.73% loss in the S&P 500 [1] Group 2 - AT&T is expected to report earnings on April 23, 2025, with an EPS forecast of $0.52, reflecting a decrease of 5.45% from the same quarter last year, while revenue is projected to be $30.51 billion, up 1.6% year-over-year [2] - For the full year, earnings are projected at $2.14 per share and revenue at $124.15 billion, indicating changes of -5.31% and +1.48% respectively from the previous year [3] Group 3 - Recent changes in analyst estimates for AT&T suggest a correlation with near-term stock prices, with positive adjustments indicating analyst optimism about the company's business and profitability [3][4] - The Zacks Rank system, which assesses estimate changes, currently ranks AT&T at 3 (Hold), with a consensus EPS projection that has decreased by 1.72% in the past 30 days [5] Group 4 - AT&T is trading at a Forward P/E ratio of 12.63, which is below the industry average of 21.53, indicating a discount compared to its peers [6] - The PEG ratio for AT&T is 3.1, which is in line with the industry average, suggesting that the company's projected earnings growth is accounted for similarly to its peers [6] Group 5 - The Wireless National industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 24, placing it in the top 10% of over 250 industries, indicating strong performance potential [7]
Zoetis (ZTS) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-03-21 23:20
Company Performance - Zoetis (ZTS) closed at $163.03, with a slight decrease of -0.08% from the previous trading session, underperforming the S&P 500 which gained 0.08% [1] - Over the last month, Zoetis shares increased by 3.65%, outperforming the Medical sector's decline of 1.03% and the S&P 500's loss of 7.33% [1] Upcoming Earnings - The upcoming earnings release is anticipated, with expected EPS of $1.41, reflecting a 2.17% increase from the prior-year quarter [2] - Quarterly revenue is projected at $2.19 billion, up 0.12% from the year-ago period [2] Full Year Estimates - For the full year, analysts expect earnings of $6.12 per share and revenue of $9.31 billion, indicating changes of +3.38% and +0.59% respectively from last year [3] Analyst Estimates - Recent changes in analyst estimates are crucial as they reflect near-term business trends, with positive revisions indicating confidence in the company's performance [4] Zacks Rank and Valuation - Zoetis currently holds a Zacks Rank of 4 (Sell), with a Forward P/E ratio of 26.68, which is a premium compared to the industry's average Forward P/E of 17.23 [6] - The Zacks Consensus EPS estimate has shifted 0.14% upward over the past month [6] PEG Ratio - The company has a PEG ratio of 2.86, compared to the Medical - Drugs industry's average PEG ratio of 0.99 [7] Industry Ranking - The Medical - Drugs industry, part of the Medical sector, has a Zacks Industry Rank of 82, placing it in the top 33% of over 250 industries [8]
Agnico Eagle Mines (AEM) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-03-21 22:46
Company Performance - Agnico Eagle Mines (AEM) closed at $104.34, reflecting a -1.02% change from the previous day, underperforming the S&P 500's daily gain of 0.08% [1] - The stock has increased by 7.52% over the past month, contrasting with the Basic Materials sector's decline of 1.45% and the S&P 500's drop of 7.33% [1] Upcoming Earnings - The company is expected to report an EPS of $1.02, representing a 34.21% increase from the same quarter last year [2] - Revenue is forecasted to be $2.24 billion, indicating a 22.4% rise compared to the year-ago quarter [2] Full Year Estimates - For the full year, earnings are projected at $4.53 per share and revenue at $9.17 billion, showing increases of +7.09% and +10.65% respectively from the previous year [3] Analyst Estimates - Recent modifications to analyst estimates reflect near-term business trends, with positive revisions indicating analysts' confidence in the company's performance [4] - The Zacks Rank system, which assesses estimate changes, provides actionable ratings for investors [5] Zacks Rank and Valuation - Agnico Eagle Mines currently holds a Zacks Rank of 3 (Hold), with a recent downward shift of 2.32% in the EPS estimate [6] - The company's Forward P/E ratio is 23.29, which is a premium compared to the industry's Forward P/E of 13.95 [7] - The PEG ratio stands at 0.74, while the Mining - Gold industry has an average PEG ratio of 1.01 [7] Industry Context - The Mining - Gold industry is part of the Basic Materials sector and has a Zacks Industry Rank of 143, placing it in the bottom 44% 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]
Deere (DE) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-03-21 22:46
Company Performance - Deere's stock closed at $472.43, reflecting a -0.96% change from the previous day, underperforming the S&P 500's gain of 0.08% [1] - Over the past month, Deere's shares have decreased by 3.79%, while the Industrial Products sector and the S&P 500 have lost 5.98% and 7.33%, respectively [1] Earnings Expectations - The upcoming earnings report for Deere is expected to show an EPS of $5.74, which represents a 32.71% decline compared to the same quarter last year [2] - Revenue is anticipated to be $10.75 billion, indicating a 21.03% decrease from the same quarter of the previous year [2] Full-Year Estimates - Full-year Zacks Consensus Estimates predict earnings of $19.30 per share and revenue of $37.96 billion, reflecting year-over-year declines of -24.67% and -15.2%, respectively [3] - Recent changes in analyst estimates for Deere suggest a shifting business landscape, with positive revisions indicating optimism about the company's outlook [3] Valuation Metrics - Deere's Forward P/E ratio stands at 24.72, which is higher than the industry average of 21.45, suggesting that Deere is trading at a premium [6] - The PEG ratio for Deere is currently 2.06, compared to the Manufacturing - Farm Equipment industry's average PEG ratio of 2.07 [7] Industry Ranking - The Manufacturing - Farm Equipment industry is part of the Industrial Products sector, which holds a Zacks Industry Rank of 82, placing it in the top 33% of over 250 industries [7] - The Zacks Industry Rank evaluates 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 [8]
JD.com, Inc. (JD) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-03-21 22:46
Core Viewpoint - JD.com, Inc. is expected to show strong earnings growth in its upcoming report, with significant increases in both EPS and revenue compared to the previous year [2][3]. Company Performance - JD.com, Inc. closed at $42.24, reflecting a -1.72% change from the previous day's closing price, which is less than the S&P 500's daily gain of 0.08% [1] - Over the past month, JD.com shares have gained 4.35%, while the Retail-Wholesale sector and the S&P 500 have lost 9.1% and 7.33%, respectively [1]. Earnings Estimates - The upcoming earnings report is anticipated to show an EPS of $1.08, representing a 38.46% increase year-over-year, with revenue expected to reach $40.07 billion, indicating an 11.27% increase [2]. - For the entire year, earnings are forecasted at $4.58 per share and revenue at $173.05 billion, reflecting increases of +7.51% and +7.65% compared to the previous year [3]. Analyst Sentiment - Recent modifications to analyst estimates for JD.com indicate positive sentiment regarding the company's business operations and profit generation capabilities [4]. - The Zacks Rank system currently rates JD.com as 1 (Strong Buy), with a historical average annual return of +25% for stocks rated 1 since 1988 [6]. Valuation Metrics - JD.com is trading at a Forward P/E ratio of 9.39, which is a discount compared to the industry average of 21.86 [7]. - The company has a PEG ratio of 0.29, significantly lower than the Internet - Commerce industry's average PEG ratio of 1.16 [7]. Industry Context - The Internet - Commerce industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 72, placing it in the top 29% of over 250 industries [8].
Southern Copper (SCCO) Rises Higher Than Market: Key Facts
ZACKS· 2025-03-21 22:46
Core Insights - Southern Copper (SCCO) stock closed at $100.41, reflecting a +1.2% increase, outperforming the S&P 500's gain of 0.08% [1] - Over the past month, SCCO shares increased by 1.43%, while the Basic Materials sector and S&P 500 saw declines of 1.45% and 7.33%, respectively [1] Earnings Performance - Southern Copper is expected to report earnings of $1.05 per share, indicating a year-over-year growth of 11.7% [2] - Revenue is projected at $2.79 billion, representing a 7.48% increase from the same quarter last year [2] - For the fiscal year, earnings are estimated at $4.65 per share and revenue at $11.7 billion, reflecting changes of +7.39% and +2.31% from the prior year [3] Analyst Estimates - Changes in analyst estimates for Southern Copper are crucial as they reflect short-term business trends [4] - Positive revisions in estimates indicate analyst optimism regarding the company's business and profitability [4] Zacks Rank and Stock Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows Southern Copper currently holds a rank of 3 (Hold) [6] - The consensus EPS projection has increased by 1.79% in the past 30 days [6] Valuation Metrics - Southern Copper has a Forward P/E ratio of 21.32, which is higher than the industry average of 18.96 [7] - The company has a PEG ratio of 1.93, compared to the Mining - Non Ferrous industry's average PEG ratio of 0.89 [7] Industry Context - The Mining - Non Ferrous industry is part of the Basic Materials sector and currently holds a Zacks Industry Rank of 202, placing it in the bottom 20% of over 250 industries [8] - Stronger industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [8]
Walmart (WMT) Laps the Stock Market: Here's Why
ZACKS· 2025-03-21 22:46
Company Performance - Walmart's stock closed at $85.90, reflecting a +0.1% change from the previous day, outperforming the S&P 500's gain of 0.08% [1] - Over the past month, Walmart's shares have decreased by 11.73%, underperforming the Retail-Wholesale sector's loss of 9.1% and the S&P 500's loss of 7.33% [1] Upcoming Earnings - Analysts expect Walmart to report an EPS of $0.59, which is a 1.67% decline compared to the same quarter last year [2] - Revenue is anticipated to be $165.92 billion, indicating a 2.73% increase year-over-year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $2.63 per share and revenue at $703.77 billion, reflecting increases of +4.78% and +3.35% respectively from the previous year [3] - Recent changes in analyst estimates suggest a positive outlook for Walmart's business and profitability [3] Analyst Ratings - The Zacks Rank system currently rates Walmart as 3 (Hold), with a 4.09% decline in the Zacks Consensus EPS estimate over the past month [5] - The Zacks Rank has a historical track record of outperformance, with 1 stocks averaging a +25% annual return since 1988 [5] Valuation Metrics - Walmart's Forward P/E ratio stands at 32.66, which is a premium compared to the industry's Forward P/E of 13.06 [6] - The PEG ratio for Walmart is 4.56, while the average PEG ratio for the Retail - Supermarkets industry is 2.1 [6] Industry Context - The Retail - Supermarkets industry is part of the Retail-Wholesale sector and holds a Zacks Industry Rank of 82, placing it in the top 33% 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]