Zacks Rank system

Search documents
CSLM Acquisition Corp. (SPWR) Suffers a Larger Drop Than the General Market: Key Insights
ZACKSยท 2025-10-09 23:16
Company Performance - CSLM Acquisition Corp. closed at $1.75, reflecting a -2.23% change from the previous day, underperforming the S&P 500, which fell by 0.28% [1] - The stock has increased by 19.33% over the past month, outperforming the Oils-Energy sector's gain of 3.56% and the S&P 500's gain of 4.03% [1] Earnings Forecast - The upcoming earnings release is expected to show an EPS of -$0.12, indicating a growth of 71.43% compared to the same quarter last year [2] - Quarterly revenue is projected to be $70 million, representing a significant increase of 1163.54% from the year-ago period [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at -$0.18 per share, with revenue expected to reach $303.6 million, reflecting no change in earnings and a growth of 179.19% in revenue from the prior year [3] - Recent analyst estimate revisions 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 evaluates estimate changes, currently ranks CSLM Acquisition Corp. at 2 (Buy), with a 7.69% rise in the Zacks Consensus EPS estimate over the past month [5] - The Solar industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 47, placing it in the top 20% of over 250 industries, indicating strong performance potential [6]
Devon Energy (DVN) Declines More Than Market: Some Information for Investors
ZACKSยท 2025-10-09 23:01
Core Viewpoint - Devon Energy's stock performance has lagged behind the broader market, with a recent decline and upcoming earnings report expected to show a year-over-year earnings drop while revenue is projected to grow slightly [1][2]. Company Performance - Devon Energy closed at $34.35, down 1.77% from the previous day, underperforming the S&P 500's loss of 0.28% [1]. - Over the past month, Devon's shares have decreased by 1.55%, contrasting with the Oils-Energy sector's gain of 3.56% and the S&P 500's gain of 4.03% [1]. Earnings Forecast - The upcoming earnings report on November 5, 2025, is expected to show earnings of $0.95 per share, reflecting a 13.64% decline year-over-year [2]. - For the full year, earnings are projected at $4.03 per share, a decrease of 16.39% from the previous year, while revenue is expected to reach $17.1 billion, indicating a 7.29% increase [3]. Analyst Estimates - Recent changes in analyst estimates are crucial as they reflect short-term business trends, with positive revisions indicating confidence in performance [4]. - The Zacks Consensus EPS estimate has decreased by 1.13% over the last 30 days, and Devon Energy currently holds a Zacks Rank of 3 (Hold) [6]. Valuation Metrics - Devon Energy is trading at a Forward P/E ratio of 8.67, which is below the industry average of 11.1, suggesting it may be undervalued [7]. - The company's PEG ratio stands at 2.04, compared to the industry average of 0.81, indicating a higher valuation relative to projected earnings growth [8]. Industry Context - The Oil and Gas - Exploration and Production - United States industry is currently ranked 225 out of over 250 industries, placing it in the bottom 9% [9]. - The Zacks Industry Rank indicates that the top 50% of rated industries outperform the bottom half by a factor of 2 to 1 [9].
Wix.com (WIX) Ascends While Market Falls: Some Facts to Note
ZACKSยท 2025-10-09 23:01
Core Insights - Wix.com (WIX) stock increased by 2.62% to $138.62, outperforming the S&P 500, which fell by 0.28% [1] - The stock has decreased by 17.65% over the past month, underperforming the Computer and Technology sector's gain of 7.19% and the S&P 500's gain of 4.03% [1] Earnings Performance - Wix.com is expected to report earnings of $1.45 per share, reflecting a year-over-year decline of 3.33% [2] - Revenue is projected to be $502.16 million, indicating a 12.93% increase compared to the same quarter last year [2] Annual Estimates - For the annual period, earnings are anticipated to be $6.74 per share, with revenue expected to reach $1.99 billion, representing increases of 5.48% and 13.07% respectively [3] - Recent analyst estimate revisions suggest optimism regarding Wix.com's business and profitability [3] Stock Performance Correlation - Research indicates that revisions in estimates correlate with stock price performance, and investors can utilize the Zacks Rank for actionable insights [4] Zacks Rank and Valuation - Wix.com currently holds a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 20.05, which is above the industry average of 17.32 [5] - The PEG ratio for Wix.com is 0.98, compared to the industry average of 1.81, indicating a favorable valuation relative to expected earnings growth [6] Industry Context - The Computers - IT Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 60, placing it in the top 25% of over 250 industries [6] - Top-rated industries outperform lower-rated ones by a factor of 2 to 1, highlighting the importance of industry ranking in investment decisions [7]
Salesforce.com (CRM) Advances While Market Declines: Some Information for Investors
ZACKSยท 2025-10-09 22:46
Salesforce.com (CRM) closed the most recent trading day at $245.33, moving +2.04% from the previous trading session. This move outpaced the S&P 500's daily loss of 0.28%. At the same time, the Dow lost 0.52%, and the tech-heavy Nasdaq lost 0.08%. The customer-management software developer's stock has dropped by 0.88% in the past month, falling short of the Computer and Technology sector's gain of 7.19% and the S&P 500's gain of 4.03%.The investment community will be paying close attention to the earnings pe ...
Sunoco LP (SUN) Stock Declines While Market Improves: Some Information for Investors
ZACKSยท 2025-10-08 23:01
Sunoco LP (SUN) closed at $49.97 in the latest trading session, marking a -1.48% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.58% for the day. The master limited partnership's stock has dropped by 0.74% in the past month, falling short of the Oils-Energy sector's gain of 3.53% and the S&P 500's gain of 3.68%.The upcoming earnings release of Sunoco LP will be of great interest to investors. The company's upcoming EPS is projected at $1.66, signifying a 738.46% in ...
Alaska Air Group (ALK) Advances While Market Declines: Some Information for Investors
ZACKSยท 2025-10-07 23:01
In the latest trading session, Alaska Air Group (ALK) closed at $49.00, marking a +1.11% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.38%. Meanwhile, the Dow lost 0.2%, and the Nasdaq, a tech-heavy index, lost 0.67%. Heading into today, shares of the airline had lost 23.91% over the past month, lagging the Transportation sector's gain of 1.49% and the S&P 500's gain of 4.06%.The investment community will be closely monitoring the performance of Alaska Ai ...
Why Zoom Communications (ZM) Dipped More Than Broader Market Today
ZACKSยท 2025-10-07 22:51
Company Performance - Zoom Communications closed at $79.48, reflecting a -1.91% change from the previous day, underperforming the S&P 500's loss of 0.38% [1] - Over the past month, Zoom's shares have decreased by 4.76%, while the Computer and Technology sector gained 7.44% and the S&P 500 increased by 4.06% [1] Upcoming Financial Results - The company is expected to report an EPS of $1.42, representing a 2.9% increase from the prior-year quarter, with revenue anticipated at $1.21 billion, up 2.99% from the previous year [2] - For the entire year, earnings are forecasted at $5.81 per share and revenue at $4.82 billion, indicating increases of +4.87% and +3.38% respectively compared to the previous year [3] Analyst Estimates and Rankings - Recent changes to analyst estimates for Zoom Communications reflect shifting business dynamics, with upward revisions indicating positive sentiment towards the company's operations [4] - The Zacks Rank system currently rates Zoom Communications as 1 (Strong Buy), with a 1.12% rise in the Zacks Consensus EPS estimate over the past month [6] Valuation Metrics - Zoom Communications has a Forward P/E ratio of 13.94, which is a discount compared to the industry average Forward P/E of 30 [7] - The company has a PEG ratio of 6.94, significantly higher than the Internet - Software industry average PEG ratio of 2.35 [7] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 81, placing it in the top 33% of all industries [8]
Marathon Petroleum (MPC) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKSยท 2025-10-07 22:46
Marathon Petroleum (MPC) ended the recent trading session at $191.54, demonstrating a -1.02% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.38%. On the other hand, the Dow registered a loss of 0.2%, and the technology-centric Nasdaq decreased by 0.67%. The refiner's shares have seen an increase of 6.8% over the last month, surpassing the Oils-Energy sector's gain of 3.6% and the S&P 500's gain of 4.06%.The investment community will be paying close attention t ...
Why Archer Daniels Midland (ADM) Outpaced the Stock Market Today
ZACKSยท 2025-10-06 23:16
Archer Daniels Midland (ADM) closed the most recent trading day at $62.45, moving +2.31% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.37%. On the other hand, the Dow registered a loss of 0.14%, and the technology-centric Nasdaq increased by 0.71%. Shares of the agribusiness giant have depreciated by 3.02% over the course of the past month, outperforming the Consumer Staples sector's loss of 3.28%, and lagging the S&P 500's gain of 4.26%.The investment community will be ...
Pilgrim's Pride (PPC) Stock Sinks As Market Gains: Here's Why
ZACKSยท 2025-10-06 23:01
Pilgrim's Pride (PPC) closed the most recent trading day at $38.52, moving -5.4% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.37% for the day. On the other hand, the Dow registered a loss of 0.14%, and the technology-centric Nasdaq increased by 0.71%. The poultry producer's stock has dropped by 8.06% in the past month, falling short of the Consumer Staples sector's loss of 3.28% and the S&P 500's gain of 4.26%.The upcoming earnings release of Pilgrim's ...