AppFolio (APPF - Free Report) closed at $160.35 in the latest trading session, marking a +2.41% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.79%. Meanwhile, the Dow experienced a rise of 0.26%, and the technology-dominated Nasdaq saw an increase of 1.52%.
The property management software maker's shares have seen a decrease of 12.68% over the last month, not keeping up with the Computer and Technology sector's loss of 4.61% and the S&P 500's loss of 1.82%.
Market participants will be closely following the financial results of AppFolio in its upcoming release. It is anticipated that the company will report an EPS of $1.67, marking a 21.01% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $276.98 million, indicating a 17.58% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $6.75 per share and revenue of $1.12 billion. These totals would mark changes of +27.6% and +17.47%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for AppFolio. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, AppFolio boasts a Zacks Rank of #3 (Hold).
Looking at valuation, AppFolio is presently trading at a Forward P/E ratio of 23.2. This denotes a premium relative to the industry average Forward P/E of 18.89.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 82, this industry ranks in the top 34% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
In the latest trading session, Freshpet (FRPT - Free Report) closed at $59.12, marking a -2.51% move from the previous day. This change lagged the S&P 500's 0.79% gain on the day. At the same time, the Dow added 0.26%, and the tech-heavy Nasdaq gained 1.52%.
The seller of refrigerated fresh pet food's shares have seen an increase of 22.7% over the last month, surpassing the Consumer Staples sector's gain of 3.46% and the S&P 500's loss of 1.82%.
Analysts and investors alike will be keeping a close eye on the performance of Freshpet in its upcoming earnings disclosure. On that day, Freshpet is projected to report earnings of $0.21 per share, which would represent a year-over-year decline of 36.36%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $292.7 million, up 10.58% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.76 per share and revenue of $1.21 billion, indicating changes of -33.33% and +9.52%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for Freshpet. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Freshpet is holding a Zacks Rank of #3 (Hold) right now.
In terms of valuation, Freshpet is currently trading at a Forward P/E ratio of 34.55. Its industry sports an average Forward P/E of 14.28, so one might conclude that Freshpet is trading at a premium comparatively.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 198, putting it in the bottom 19% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Toast (TOST - Free Report) ended the recent trading session at $27.82, demonstrating a -1.21% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.79%. Meanwhile, the Dow gained 0.26%, and the Nasdaq, a tech-heavy index, added 1.52%.
Shares of the restaurant software provider witnessed a gain of 1.51% over the previous month, beating the performance of the Computer and Technology sector with its loss of 4.61%, and the S&P 500's loss of 1.82%.
Market participants will be closely following the financial results of Toast in its upcoming release. The company's earnings per share (EPS) are projected to be $0.32, reflecting a 33.33% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.87 billion, up 20.82% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.35 per share and revenue of $7.38 billion, which would represent changes of +51.69% and +19.95%, respectively, from the prior year.
Any recent changes to analyst estimates for Toast should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.84% rise in the Zacks Consensus EPS estimate. Toast is currently sporting a Zacks Rank of #1 (Strong Buy).
In terms of valuation, Toast is currently trading at a Forward P/E ratio of 20.82. This expresses a premium compared to the average Forward P/E of 18.89 of its industry.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 82, this industry ranks in the top 34% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Kaspa Crosses Into Programmable TerritoryKaspa's Toccata hard fork went live on mainnet on June 30, 2026, marking what the project describes as the biggest upgrade in its history. The hard fork activated at DAA score 474,165,565, roughly at 16:15 UTC. The upgrade draws a clear line between what Kaspa was and what it is now becoming: a chain that started as a high-speed payments network and is now reaching for full programmability at the base layer.
Toccata marks the point where Kaspa's high-frequency monetary base layer meets programmability in two layered forms: native L1 covenant systems, and based zero-knowledge systems built on top of the same foundations. That is a significant departure from Kaspa's original identity as a pure proof-of-work payments chain.
What Toccata Actually DeliversThe consensus-changing upgrade introduces native L1 covenant support and transaction introspection, allowing for expressive stateful contracts on $KAS, alongside an OpZkPrecompile for trustless L1 ZK proof verification and partitioned sequencing commitments to support ZK applications.
The upgrade introduces native KRC-20 tokens, covenant programming via SilverScript, and zero-knowledge verification directly on the base layer, designed to shift the network's appeal from pure transaction speed toward supporting application development and privacy-enhanced use cases.
The fork does not, however, ship finished applications. It lays the protocol infrastructure that developers need to build on top. The upgrade activates the protocol infrastructure for covenant-based Layer-1 applications and zero-knowledge systems anchored to Kaspa's BlockDAG. The race now begins for what actually gets built.
The hard fork brings new utility, which means new SDKs and APIs will increasingly target a new developer audience, while classic Kaspa APIs should continue working without change. For node operators and miners, the operational story is straightforward: upgrade nodes, and everything that already works should keep working.
Toccata follows Kaspa's Crescendo hard fork, which in May 2025 increased block production from one block per second to ten blocks per second, achieving one of the highest base-layer throughputs in the proof-of-work space. The question now is whether Toccata's programmability layer can attract the developer activity needed to match that technical foundation.
Sources:
Kaspa Official Toccata Upgrade Guide, kaspanet/rusty-kaspa on GitHub
Kaspa Covenants++ Toccata Hard Fork Outlook by Michael Sutton, Medium
Kaspa Toccata Hard Fork Deep Dive, Gate Blog
The Kaspa [KAS] network’s Toccata hard fork was completed successfully on Tuesday, June 30. This upgrade introduces smart contract functionality while adding support for KRC-20 tokens.
The price of the KAS token rallied 20.38%, from a low of $0.0266 on Thursday, June 25, to $0.032 on the day of writing. This price surge likely came as a result of speculators and traders positioning themselves for the hard fork.
However, the altcoin has shed 7.8% within 10 hours of trading. What should KAS traders expect next?
The Kaspa long-term price downtrend Source: KAS/USDT on TradingView On the 1-day timeframe, the structure of Kaspa has been steadily bearish. The latest bearish leg was made earlier in 2026, from $0.0532 to $0.0249. Since February, KAS has lacked a decisive long-term trend and has twice managed to challenge the $0.04 supply zone.
It was rebuffed in March and May, and the market-wide sell-offs in the past two months have pushed KAS closer to the $0.025 swing low.
The MACD was moving below the zero line to show bearish market momentum. Meanwhile, the CMF was at -0.17, well below the -0.05 threshold that signals significant capital outflows.
The price structure and technicals agree on a bearish long-term outlook.
Traders’ call to action- Sell the news event confirms bearish sentiment Source: KAS/USDT on TradingView On the 1-hour timeframe, the recent gains tilted the MACD briefly in bullish favor, and the CMF also signaled increased buying pressure over the past five days. The $0.03 local resistance was overcome briefly as the hardfork got closer to going live.
In recent hours, the swift sell-off confirmed that the short-term gains were only used as a selling opportunity.
Source: CoinGlass The liquidation heatmap also noted a build-up of short liquidation levels just above the $0.03 round-number resistance. The price move above swept this magnetic zone neatly and has already begun to reverse.
In the coming days and weeks, a price drop to $0.0249 and $0.020 was a possibility swing traders and investors must be prepared for.
Final Summary The recent Kaspa token price gains were part of a sell-the-news type event as the Tocatta Hardfork got closer. The long-term price trend was bearish and a drop below the February 2026 swing low at $0.0249 appeared likely.
In the latest trading session, Dominion Energy (D - Free Report) closed at $68.29, marking a -1.29% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.79%. Elsewhere, the Dow gained 0.26%, while the tech-heavy Nasdaq added 1.52%.
The energy company's shares have seen an increase of 7.07% over the last month, surpassing the Utilities sector's gain of 2.96% and the S&P 500's loss of 1.82%.
The investment community will be paying close attention to the earnings performance of Dominion Energy in its upcoming release. The company is expected to report EPS of $0.78, up 4% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $3.91 billion, indicating a 2.5% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.59 per share and revenue of $17.73 billion. These totals would mark changes of +4.97% and +7.39%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Dominion Energy. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Dominion Energy presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, Dominion Energy is holding a Forward P/E ratio of 19.25. This expresses a premium compared to the average Forward P/E of 18.44 of its industry.
The Utility - Electric Power industry is part of the Utilities sector. Currently, this industry holds a Zacks Industry Rank of 80, positioning it in the top 33% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Verra To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Verra between February 24, 2026 and May 26, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - June 30, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Verra Mobility Corporation ("Verra" or the "Company") (NASDAQ: VRRM) and reminds investors of the August 4, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra's relationship with Avis Budget Group ("Avis"), and in particular obtaining a contract extension with Avis. Further, the Company minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives.
On May 26, 2026, Verra issued a press release announcing a termination notice from Avis regarding its contract and accordingly lowered its 2026 full-year financial outlook. Almost one week later on June 1, 2026, the Company announced a sudden and surprising transition of its President and Chief Executive Officer David Roberts. Following this news, the price of Verra's common stock declined dramatically.
From a closing market price of $13.08 per share on May 26, 2026, Verra's stock price fell to $3.85 per share on May 27, 2026, a decline of about 71%.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Verra's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Verra class action, go to www.faruqilaw.com/VRRM or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Frequently Asked Questions (FAQ) for Investors Regarding the Verra Mobility Securities Class Action Lawsuit:
What is the Verra Mobility securities fraud lawsuit about?
The lawsuit alleges Verra Mobility misled investors about the strength of its relationship with Avis Budget Group, the likelihood of a contract extension, and the risk that major rental car companies could replace Verra's services with alternative solutions.
Who may be eligible to participate in the lawsuit?
Investors who purchased or acquired Verra Mobility (NASDAQ: VRRM) securities between February 24, 2026 and May 26, 2026 may be eligible to participate if they suffered losses related to the alleged misconduct described in the complaint.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff represents the interests of the proposed class and helps oversee the litigation. Investors seeking appointment must file a motion with the court by August 4, 2026. Investors can share in any recovery without serving as lead plaintiff.
What should investors do if they purchased Verra Mobility stock during the Class Period?
Investors should review their transaction records, preserve relevant documents, and evaluate their legal rights. Those who suffered losses may wish to consult counsel regarding participation in the lawsuit or seeking lead plaintiff status before the deadline.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Verra Mobility securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303498
Source: Faruqi & Faruqi LLP
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
SAN FRANCISCO, June 30, 2026 (GLOBE NEWSWIRE) -- Hagens Berman (HBSS), a securities litigation leader, is broadening its investigation into Verra Mobility Corp. (NASDAQ: VRRM) following the company's disclosure of an abrupt leadership transition. The news comes in the wake of a securities action suit stemming from the catastrophic loss of a major contract.
VRRM Investors Submit Your Losses Now to HBSS
Class Period: Feb. 24, 2026 – May 26, 2026
Lead Plaintiff Deadline: Aug. 4, 2026
Visit: www.hbsslaw.com/investor-fraud/vrrm
Contact the Firm Now: [email protected]
844-916-0895
Leadership Vacuum
On June 1, 2026, Verra Mobility announced that long-time CEO David Roberts has abruptly stepped down, ending a 12-year tenure. This departure follows a volatile period for the company, initiated by the unexpected termination of a key contract with Avis Budget Group—a move that wiped out approximately $1.4 billion in shareholder value.
The Board of Directors has appointed former Chief Transformation and Legal Officer Jon Keyser as interim President and CEO while retaining a global search firm for a permanent replacement. Hagens Berman is investigating whether the departure is causally related to the allegations in the securities class action suit.
Verra Mobility Corporation (VRRM) Securities Class Action:
The complaint alleges Verra made false and misleading statements and did not disclose important information to investors about the true state of the Verra/Avis relationship and the likelihood of Verra receiving an Avis contract renewal.
The truth allegedly emerged on May 26, 2026, when Verra disclosed that it received a termination notice effective September 2026 from Avis regarding the companies’ contract, that it is taking immediate actions to cut costs, adapt operations, and reposition its business, and revised its 2026 outlook that significantly deviated from that given just twenty days prior.
Verra also revealed that it was reviewing the parties’ negotiations and handling of confidential information.
The news promptly sent the price of Verra shares 70% crashing lower on May 27, 2026, amputating $1.4 billion from the company’s market capitalization in a single day.
View our latest video summary of the allegations: youtu.be/FVEw5XACoGA
“Our investigation is focused on the extent to which and when Verra and its executives knew that renegotiations with Avis were far from constructive, as the May 26 surprise reveals,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.
If you invested in Verra and have substantial losses, or have knowledge that will assist the firm’s investigation, submit your losses now.
If you’d like more information and answers to other frequently asked questions about the Verra case and the firm’s investigation, read more.
Whistleblowers: Persons with non-public information regarding Verra should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.
Did you buy VRRM common stock between February 24, 2026 and May 26, 2026?
Affected VRRM Investor Summary
Who: Verra Mobility Corporation (NASDAQ: VRRM) What: Securities fraud class action lawsuit filed Class Period: February 24, 2026 through May 26, 2026 Deadline to Seek Lead Plaintiff Status: August 4, 2026 Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company's continued growth in its Commercial Services business and contract with Avis Budget Group. Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options , /PRNewswire/ -- Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against Verra Mobility Corporation (Verra) (NASDAQ: VRRM) on behalf of those who purchased or acquired Verra common stock between February 24, 2026 and May 26, 2026, inclusive. The lawsuit is filed in the United States District Court for the District of Arizona and is captioned Otucu v. Verra Mobility Corporation, Case No.2:26-cv-03973 (D. Ariz.). Investors have until August 4, 2026, to file for lead plaintiff status.
CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired Verra common stock and have lost money on your investment, you are encouraged to contact KTMC attorney Jonathan Naji, Esq. at:
There is no cost or obligation to speak with an attorney.
VERRA MOBILITY CORPORATION CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Verra's optimistic plan for continued growth in its Commercial Services business was dependent on its relationship with Avis, and in particular obtaining a contract extension with Avis Budget Group; (2) Verra minimized concerns that major rent-a-car customers could replace Verra with in-house solutions or outsourced alternatives, making Verra's 2026 full year guidance increasingly unlikely to be met; and (3) as a result, Defendants' positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Why did Verra's Stock Drop?
On May 26, 2026, Verra disclosed that the company had received a termination notice from Avis Budget Group regarding its contract, which becomes effective in September 2026. Verra further disclosed that it "expects the termination to reduce Commercial Services' 2026 annualized revenue by approximately $135 million to $145 million and 2026 annualized segment profit by approximately $120 million to $125 million, before taking into account expected cost reduction initiatives." Verra accordingly lowered its full year 2026 financial outlook. On this news, Verra's stock price fell $9.23 per share, or 70.6%, to close at $3.85 per share on May 27, 2026.
On June 1, 2026, Verra announced that its President and Chief Executive Officer had been terminated as "the Board determined that a change in leadership [was] needed[.]"
WHAT VRRM INVESTORS CAN DO NOW:
File to be lead plaintiff by August 4, 2026. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you. Retain counsel of choice or take no action. THE LEAD PLAINTIFF PROCESS FOR VERRA MOBILITY CORPORATION INVESTORS:
Verra investors may, no later than August 4, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
Kessler Topaz Meltzer & Check, LLP encourages Verra investors to contact the firm for more information.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal's Plaintiff's Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group's Honor Roll of Most Feared Law Firms, The Legal Intelligencer's Class Action Firm of the Year, Lawdragon's Leading Plaintiff Financial Lawyers, and Law360's Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com. The complaint in this matter was not filed by KTMC.
CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]
May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.
In the latest close session, Equinix (EQIX - Free Report) was down 3.94% at $1,042.39. This change lagged the S&P 500's 0.79% gain on the day. At the same time, the Dow added 0.26%, and the tech-heavy Nasdaq gained 1.52%.
Heading into today, shares of the data center operator had gained 3.27% over the past month, outpacing the Finance sector's gain of 2.74% and the S&P 500's loss of 1.82%.
The investment community will be closely monitoring the performance of Equinix in its forthcoming earnings report. The company's upcoming EPS is projected at $11.25, signifying a 13.52% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $2.59 billion, indicating a 14.82% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $42.93 per share and revenue of $10.24 billion, which would represent changes of +12% and +11.09%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Equinix. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. As of now, Equinix holds a Zacks Rank of #2 (Buy).
In terms of valuation, Equinix is presently being traded at a Forward P/E ratio of 25.28. Its industry sports an average Forward P/E of 15.54, so one might conclude that Equinix is trading at a premium comparatively.
It's also important to note that EQIX currently trades at a PEG ratio of 1.79. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. EQIX's industry had an average PEG ratio of 2.61 as of yesterday's close.
The REIT and Equity Trust - Retail industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 162, finds itself in the bottom 34% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Trane Technologies (TT - Free Report) closed at $491.16 in the latest trading session, marking a +2.25% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.79%. At the same time, the Dow added 0.26%, and the tech-heavy Nasdaq gained 1.52%.
Coming into today, shares of the manufacturer had gained 7.11% in the past month. In that same time, the Business Services sector lost 0.14%, while the S&P 500 lost 1.82%.
Investors will be eagerly watching for the performance of Trane Technologies in its upcoming earnings disclosure. On that day, Trane Technologies is projected to report earnings of $4.27 per share, which would represent year-over-year growth of 10.05%. At the same time, our most recent consensus estimate is projecting a revenue of $6.16 billion, reflecting a 7.22% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $14.83 per share and revenue of $23.25 billion, indicating changes of +13.55% and +9.05%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Trane Technologies. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Trane Technologies is currently sporting a Zacks Rank of #2 (Buy).
In terms of valuation, Trane Technologies is presently being traded at a Forward P/E ratio of 32.39. This indicates a premium in contrast to its industry's Forward P/E of 17.1.
We can additionally observe that TT currently boasts a PEG ratio of 2.22. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Technology Services industry had an average PEG ratio of 1.46 as trading concluded yesterday.
The Technology Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 157, putting it in the bottom 36% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
BOCA RATON, Fla. & TOKYO--(BUSINESS WIRE)--DigitalBridge Group, Inc. (NYSE: DBRG) ("DigitalBridge"), a leading global investor in digital infrastructure, and Japan Extensive Infrastructure, Limited ("JEXI") today announced the formation by their respective affiliates of Nippon Gateway Infrastructure ("NGI"), a new colocation data center platform dedicated to serving the digital infrastructure needs of enterprises across Japan. NGI launches with a foundational portfolio of data center assets acq.
Deckers (DECK - Free Report) closed the most recent trading day at $99.29, moving -1.96% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.79%. Meanwhile, the Dow experienced a rise of 0.26%, and the technology-dominated Nasdaq saw an increase of 1.52%.
Shares of the maker of Ugg footwear witnessed a loss of 8.61% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 5.08%, and the S&P 500's loss of 1.82%.
Analysts and investors alike will be keeping a close eye on the performance of Deckers in its upcoming earnings disclosure. In that report, analysts expect Deckers to post earnings of $0.92 per share. This would mark a year-over-year decline of 1.08%. Our most recent consensus estimate is calling for quarterly revenue of $1.02 billion, up 5.42% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $7.45 per share and a revenue of $5.91 billion, demonstrating changes of +6.13% and +8.05%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Deckers. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.44% higher. Deckers presently features a Zacks Rank of #3 (Hold).
Looking at valuation, Deckers is presently trading at a Forward P/E ratio of 13.6. For comparison, its industry has an average Forward P/E of 16.28, which means Deckers is trading at a discount to the group.
Meanwhile, DECK's PEG ratio is currently 2. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Retail - Apparel and Shoes industry had an average PEG ratio of 1.24 as trading concluded yesterday.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 73, placing it within the top 30% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
In the latest trading session, Owens Corning (OC - Free Report) closed at $158.96, marking a +1.86% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.79%. Elsewhere, the Dow saw an upswing of 0.26%, while the tech-heavy Nasdaq appreciated by 1.52%.
Heading into today, shares of the construction materials company had gained 27.26% over the past month, outpacing the Construction sector's gain of 5.5% and the S&P 500's loss of 1.82%.
Analysts and investors alike will be keeping a close eye on the performance of Owens Corning in its upcoming earnings disclosure. The company is forecasted to report an EPS of $3.02, showcasing a 28.27% downward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $2.66 billion, indicating a 3.26% decrease compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $9.53 per share and a revenue of $9.83 billion, representing changes of -20.91% and -2.67%, respectively, from the prior year.
Any recent changes to analyst estimates for Owens Corning should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, Owens Corning possesses a Zacks Rank of #3 (Hold).
In the context of valuation, Owens Corning is at present trading with a Forward P/E ratio of 16.38. This signifies a discount in comparison to the average Forward P/E of 18.95 for its industry.
Also, we should mention that OC has a PEG ratio of 2.83. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Building Products - Miscellaneous industry stood at 1.59 at the close of the market yesterday.
The Building Products - Miscellaneous industry is part of the Construction sector. At present, this industry carries a Zacks Industry Rank of 181, placing it within the bottom 26% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
In the latest trading session, Arch Capital Group (ACGL - Free Report) closed at $97.06, marking a -1.02% move from the previous day. This change lagged the S&P 500's 0.79% gain on the day. Meanwhile, the Dow gained 0.26%, and the Nasdaq, a tech-heavy index, added 1.52%.
Prior to today's trading, shares of the property and casualty insurer had gained 10.5% outpaced the Finance sector's gain of 2.74% and the S&P 500's loss of 1.82%.
Analysts and investors alike will be keeping a close eye on the performance of Arch Capital Group in its upcoming earnings disclosure. The company's earnings report is set to go public on July 28, 2026. It is anticipated that the company will report an EPS of $2.46, marking a 4.65% fall compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $4.6 billion, down 3.39% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $9.3 per share and a revenue of $18.2 billion, indicating changes of -5.49% and -3.12%, respectively, from the former year.
Any recent changes to analyst estimates for Arch Capital Group should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.12% higher. Right now, Arch Capital Group possesses a Zacks Rank of #3 (Hold).
Investors should also note Arch Capital Group's current valuation metrics, including its Forward P/E ratio of 10.54. This represents a discount compared to its industry average Forward P/E of 11.68.
Investors should also note that ACGL has a PEG ratio of 4.9 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Insurance - Property and Casualty stocks are, on average, holding a PEG ratio of 2.45 based on yesterday's closing prices.
The Insurance - Property and Casualty industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 94, finds itself in the top 39% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ACGL in the coming trading sessions, be sure to utilize Zacks.com.
In the latest close session, Pacific Biosciences of California (PACB - Free Report) was down 2.89% at $1.68. The stock fell short of the S&P 500, which registered a gain of 0.79% for the day. Meanwhile, the Dow gained 0.26%, and the Nasdaq, a tech-heavy index, added 1.52%.
Heading into today, shares of the maker of genetic analysis technology had gained 9.49% over the past month, outpacing the Medical sector's gain of 7.53% and the S&P 500's loss of 1.82%.
Market participants will be closely following the financial results of Pacific Biosciences of California in its upcoming release. The company is expected to report EPS of -$0.14, down 7.69% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $42.1 million, reflecting a 5.86% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of -$0.41 per share and revenue of $165.8 million, which would represent changes of +22.64% and +3.62%, respectively, from the prior year.
Any recent changes to analyst estimates for Pacific Biosciences of California should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Pacific Biosciences of California presently features a Zacks Rank of #2 (Buy).
The Medical - Instruments industry is part of the Medical sector. At present, this industry carries a Zacks Industry Rank of 164, placing it within the bottom 33% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
AST SpaceMobile, Inc. (ASTS - Free Report) ended the recent trading session at $88.86, demonstrating a +2.41% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.79%. Meanwhile, the Dow experienced a rise of 0.26%, and the technology-dominated Nasdaq saw an increase of 1.52%.
Shares of the company have depreciated by 17.87% over the course of the past month, underperforming the Computer and Technology sector's loss of 4.61%, and the S&P 500's loss of 1.82%.
Investors will be eagerly watching for the performance of AST SpaceMobile, Inc. in its upcoming earnings disclosure. On that day, AST SpaceMobile, Inc. is projected to report earnings of -$0.28 per share, which would represent year-over-year growth of 31.71%. In the meantime, our current consensus estimate forecasts the revenue to be $34.32 million, indicating a 2858.28% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of -$1.47 per share and a revenue of $164.76 million, demonstrating changes of -9.7% and +132.32%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AST SpaceMobile, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. As of now, AST SpaceMobile, Inc. holds a Zacks Rank of #4 (Sell).
The Wireless Equipment industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 213, positioning it in the bottom 13% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
In the latest close session, Nu Holdings Ltd. (NU - Free Report) was up +1.75% at $13.36. The stock exceeded the S&P 500, which registered a gain of 0.79% for the day. Meanwhile, the Dow gained 0.26%, and the Nasdaq, a tech-heavy index, added 1.52%.
Shares of the company have appreciated by 1.08% over the course of the past month, underperforming the Finance sector's gain of 2.74%, and outperforming the S&P 500's loss of 1.82%.
The investment community will be paying close attention to the earnings performance of Nu Holdings Ltd. in its upcoming release. The company's earnings per share (EPS) are projected to be $0.2, reflecting a 42.86% increase from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $5.33 billion, indicating a 45.22% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $0.83 per share and a revenue of $21.89 billion, demonstrating changes of +33.87% and +38.76%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Nu Holdings Ltd. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 0.48% fall in the Zacks Consensus EPS estimate. Nu Holdings Ltd. presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, Nu Holdings Ltd. is holding a Forward P/E ratio of 15.74. This indicates a premium in contrast to its industry's Forward P/E of 11.52.
Investors should also note that NU has a PEG ratio of 0.53 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Banks - Foreign industry held an average PEG ratio of 0.84.
The Banks - Foreign industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 87, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
SoundHound AI, Inc. (SOUN - Free Report) closed at $6.47 in the latest trading session, marking a +1.09% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.79%. Elsewhere, the Dow saw an upswing of 0.26%, while the tech-heavy Nasdaq appreciated by 1.52%.
The stock of company has fallen by 30.81% in the past month, lagging the Computer and Technology sector's loss of 4.61% and the S&P 500's loss of 1.82%.
The investment community will be paying close attention to the earnings performance of SoundHound AI, Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be -$0.05, reflecting a 66.67% decrease from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $52.61 million, up 23.27% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.18 per share and revenue of $233.14 million, indicating changes of -38.46% and +38.02%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for SoundHound AI, Inc. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. SoundHound AI, Inc. is holding a Zacks Rank of #4 (Sell) right now.
The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 106, putting it in the top 44% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
A lot of people are buying Sweetgreen (SG +3.04%) shares these days. As of June 29, the fast-casual salad chain's stock has gained 90.4% from a deep trough near the end of March. Trading volumes are up in the past three months, short-seller interest is down, and the company's turnaround effort seems to be working.
That's Wall Street's conclusion at the moment, anyway. But I don't agree.
Today's Change
(
3.04
%) $
0.26
Current Price
$
8.81
The salad days are over You see, I think the wheels have come off Sweetgreen's expansion push, and they won't go back on.
The company was hot in 2024. Sales were soaring. Free cash flows were approaching the breakeven point, quarter by quarter. Two years ago, Sweetgreen's stock was up 144% on a 52-week basis.
But that was the peak. The company kept building restaurants, expanding the network from 225 locations in the middle of 2024 to 285 restaurants in Q1 2026. Meanwhile, cash reserves dwindled from $245 million to $157 million. And that includes a $161 million cash boost in Q1 2026 from the sale of Spyce, which developed the robotic Infinite Kitchen technology at the heart of Sweetgreen's expansion plans.
Image source: Getty Images.
Sweetgreen keeps swinging and missing Sweetgreen isn't out of ideas. The recently introduced wraps might spark consumer interest in this chain, and create-your-own bowls and salads could appeal to price-sensitive customers. And same-store sales have nowhere to go but up after cratering 12.8% year over year in Q1 2026.
However, Sweetgreen has tried new food items and operating models before, with downright disastrous results. Ripple fries went off the menu less than six months after their introduction in March 2025. I already mentioned the Spyce robotic food service idea, which alienated people more than it saved operating costs.
The wraps are on brand, and a slower expansion rate could work better. But ultimately, it's too easy to find similar menu items at lower prices from world-class competitors such as Cava (CAVA 4.14%) and Chipotle Mexican Grill (CMG +3.09%). In particular, Sweetgreen's wraps look like a tough sell next to Chipotle's popular burritos.
Let the crowd have this one. I'm not buying Sweetgreen stock until the turnaround gets some real traction.
Anders Bylund has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cava Group and Chipotle Mexican Grill. The Motley Fool recommends Sweetgreen and recommends the following options: short June 2026 $36 calls on Chipotle Mexican Grill. The Motley Fool has a disclosure policy.
In the latest trading session, Nice (NICE - Free Report) closed at $90.85, marking a -1.03% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.79%. Elsewhere, the Dow gained 0.26%, while the tech-heavy Nasdaq added 1.52%.
The software company's stock has dropped by 7.69% in the past month, falling short of the Computer and Technology sector's loss of 4.61% and the S&P 500's loss of 1.82%.
The investment community will be closely monitoring the performance of Nice in its forthcoming earnings report. It is anticipated that the company will report an EPS of $2.63, marking a 12.62% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $767.17 million, up 5.57% from the year-ago period.
NICE's full-year Zacks Consensus Estimates are calling for earnings of $11.1 per share and revenue of $3.18 billion. These results would represent year-over-year changes of -9.76% and +7.92%, respectively.
Any recent changes to analyst estimates for Nice should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Nice is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Nice currently has a Forward P/E ratio of 8.27. This signifies a discount in comparison to the average Forward P/E of 18.89 for its industry.
One should further note that NICE currently holds a PEG ratio of 0.78. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Internet - Software industry had an average PEG ratio of 1.06.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 82, finds itself in the top 34% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Booz Allen Hamilton (BAH - Free Report) closed the most recent trading day at $60.67, moving -2.19% from the previous trading session. This change lagged the S&P 500's daily gain of 0.79%. Elsewhere, the Dow saw an upswing of 0.26%, while the tech-heavy Nasdaq appreciated by 1.52%.
Heading into today, shares of the defense contractor had lost 26.2% over the past month, lagging the Business Services sector's loss of 0.14% and the S&P 500's loss of 1.82%.
The upcoming earnings release of Booz Allen Hamilton will be of great interest to investors. The company's earnings report is expected on July 24, 2026. The company's earnings per share (EPS) are projected to be $1.49, reflecting a 0.68% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $2.8 billion, indicating a 4.24% decline compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $6.23 per share and a revenue of $11.41 billion, demonstrating changes of -4.3% and +1.74%, respectively, from the preceding year.
Any recent changes to analyst estimates for Booz Allen Hamilton should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 0.43% fall in the Zacks Consensus EPS estimate. Booz Allen Hamilton presently features a Zacks Rank of #3 (Hold).
Looking at valuation, Booz Allen Hamilton is presently trading at a Forward P/E ratio of 9.95. Its industry sports an average Forward P/E of 11.13, so one might conclude that Booz Allen Hamilton is trading at a discount comparatively.
Investors should also note that BAH has a PEG ratio of 3.54 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Consulting Services industry currently had an average PEG ratio of 0.9 as of yesterday's close.
The Consulting Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 181, putting it in the bottom 26% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
NEW YORK--(BUSINESS WIRE)--TKO Group Holdings, Inc. (NYSE: TKO) (“TKO” or the “Company”), a premium sports and entertainment company, today announced the completion of its accelerated share repurchase agreement (the “ASR Agreement”) to repurchase $800 million of its outstanding Class A common stock. “Completing this ASR marks another important step in our capital return program and reflects our continued confidence in TKO's business and outlook,” said Mark Shapiro, President and COO of TKO. “Al.
WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026.
SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the “CSRC”), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu’s financial results were overstated; and (4) as a result of the foregoing, defendants’ positive statements about Futu’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of SailPoint, Inc. (“SailPoint” or the “Company”) (NASDAQ: SAIL). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether SailPoint and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On June 9, 2026, SailPoint reported its financial results for the first quarter of its 2027 fiscal year. Although SailPoint reported adjusted EPS above consensus expectations and strong year-over-year revenue growth, management’s outlook for future quarters was more cautious and warned that foreign-exchange headwinds would dampen annual recurring revenue growth.
On this news, SailPoint’s stock price fell $2.03 per share, or 11.48%, to close at $15.66 per share on June 9, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Oscar Health, Inc. (OSCR - Free Report) closed the most recent trading day at $28.52, moving -3.16% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.79% for the day. Elsewhere, the Dow saw an upswing of 0.26%, while the tech-heavy Nasdaq appreciated by 1.52%.
Prior to today's trading, shares of the company had gained 28.21% outpaced the Finance sector's gain of 2.74% and the S&P 500's loss of 1.82%.
The investment community will be closely monitoring the performance of Oscar Health, Inc. in its forthcoming earnings report. It is anticipated that the company will report an EPS of $0.34, marking a 138.2% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $4.83 billion, indicating a 68.58% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $0.47 per share and a revenue of $18.7 billion, demonstrating changes of +127.81% and +59.85%, respectively, from the preceding year.
Investors should also take note of any recent adjustments to analyst estimates for Oscar Health, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Oscar Health, Inc. is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, Oscar Health, Inc. is presently being traded at a Forward P/E ratio of 62.66. For comparison, its industry has an average Forward P/E of 9.63, which means Oscar Health, Inc. is trading at a premium to the group.
One should further note that OSCR currently holds a PEG ratio of 2.06. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Insurance - Multi line industry stood at 1.02 at the close of the market yesterday.
The Insurance - Multi line industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 103, positioning it in the top 43% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Powell Industries (POWL - Free Report) closed at $286.36 in the latest trading session, marking a +1.87% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.79%. Meanwhile, the Dow gained 0.26%, and the Nasdaq, a tech-heavy index, added 1.52%.
Heading into today, shares of the energy equipment company had lost 2.44% over the past month, lagging the Industrial Products sector's gain of 8.84% and the S&P 500's loss of 1.82%.
Market participants will be closely following the financial results of Powell Industries in its upcoming release. The company's upcoming EPS is projected at $1.49, signifying a 12.88% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $318.25 million, indicating a 11.17% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $5.47 per share and a revenue of $1.2 billion, demonstrating changes of +10.51% and +8.73%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Powell Industries. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Powell Industries currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, Powell Industries is holding a Forward P/E ratio of 51.39. This valuation marks a premium compared to its industry average Forward P/E of 23.02.
We can additionally observe that POWL currently boasts a PEG ratio of 3.67. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Manufacturing - Electronics stocks are, on average, holding a PEG ratio of 1.8 based on yesterday's closing prices.
The Manufacturing - Electronics industry is part of the Industrial Products sector. With its current Zacks Industry Rank of 82, this industry ranks in the top 34% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
The Supreme Court agreed Tuesday (June 30) to hear Apple’s appeal of a lower court ruling that found the company in contempt in its legal battle with Epic Games, Reuters reported Tuesday (June 30).
The ruling that Apple was in contempt came because the judge found that the company violated a judicial order requiring it to make extensive changes to its app store after Epic Games brought an antitrust action against the company, according to the report.
PYMNTS reported in April that the court battle began in 2020 over whether Epic Games could add external payments in its app, enabling the company to bypass the fees charged by Apple’s App Store.
According to the Tuesday report, Apple has argued that it cannot be held in contempt for violating the “spirit” of a court injunction, as opposed to an express provision, and the company has denied that it violated any earlier court orders.
The Supreme Court is expected to hear the case during its term that begins in October, per the report.
Ars Technica reported Tuesday that when announcing it would hear the appeal, the Supreme Court said it would consider “whether a court may hold a party in civil contempt based on a violation of an injunction’s ‘spirit’ where the injunction is silent as to the conduct upon which contempt is based, as the Ninth Circuit holds; or, instead, whether a court must ground a finding of civil contempt on the violation of an order that clearly and unambiguously proscribes the precise conduct at issue, as other circuits hold.”
Apple told Reuters: “This is an important question of law, and we are pleased the Supreme Court will hear our case.”
Epic Games said in a Tuesday post on X: “We’re heading to the Supreme Court where we’ll continue our fight against junk fees Apple charges on third-party payments. Lower courts have rightly found Apple’s fees to be illegal and anticompetitive and we’ll continue to defend free markets.”
HomeEconomy & PoliticsWashington WatchWashington WatchThe president’s new annual filing is nearly four times as lengthy as last year’s disclosure and shows crypto income in the hundreds of millionsJune 30, 2026, 6:48 p.m. ET
President Donald Trump speaks Monday in the Oval Office. Photo: AFP/Getty ImagesThe U.S. government on Tuesday released President Donald Trump’s annual financial disclosure, showing vast and expanding holdings in stocks, real estate in Eastern Europe and the Middle East, as well as hundreds of millions of dollars of income from cryptocurrency ventures.
The 927-page disclosure is nearly four times as lengthy as the prior year’s annual filing, which covered 234 pages. Trump returned to the White House in January 2025.
About the Author
Victor Reklaitis is a Washington Correspondent for MarketWatch. During his time at MarketWatch, he also has served in roles in the London and New York newsrooms. Prior to joining MarketWatch, he worked at Investor’s Business Daily and for newspapers in Virginia.
Tesla (TSLA - Free Report) ended the recent trading session at $420.60, demonstrating a +2.13% change from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.79%. On the other hand, the Dow registered a gain of 0.26%, and the technology-centric Nasdaq increased by 1.52%.
Coming into today, shares of the electric car maker had lost 0.97% in the past month. In that same time, the Auto-Tires-Trucks sector lost 5.32%, while the S&P 500 lost 1.82%.
The upcoming earnings release of Tesla will be of great interest to investors. The company is expected to report EPS of $0.45, up 12.5% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $24.32 billion, up 8.09% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2 per share and revenue of $101.11 billion, indicating changes of +20.48% and +6.63%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Tesla. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.66% decrease. Tesla is currently a Zacks Rank #3 (Hold).
In terms of valuation, Tesla is currently trading at a Forward P/E ratio of 206.11. For comparison, its industry has an average Forward P/E of 20.47, which means Tesla is trading at a premium to the group.
It's also important to note that TSLA currently trades at a PEG ratio of 9.79. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Automotive - Domestic stocks are, on average, holding a PEG ratio of 1.01 based on yesterday's closing prices.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. Currently, this industry holds a Zacks Industry Rank of 94, positioning it in the top 39% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
On June 30, 2026, Uber Technologies Inc (UBER) shares fell 4.4% to a current price of $72.16. The stock has seen a 52-week trading range between $67.19 and $101
Uber Technologies (UBER - Free Report) closed at $72.16 in the latest trading session, marking a -4.42% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.79%. Elsewhere, the Dow gained 0.26%, while the tech-heavy Nasdaq added 1.52%.
Heading into today, shares of the ride-hailing company had gained 2.35% over the past month, outpacing the Computer and Technology sector's loss of 4.61% and the S&P 500's loss of 1.82%.
Investors will be eagerly watching for the performance of Uber Technologies in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.84, reflecting a 33.33% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $14.16 billion, reflecting a 11.91% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.95 per share and revenue of $57.72 billion, which would represent changes of -44.34% and +10.96%, respectively, from the prior year.
Any recent changes to analyst estimates for Uber Technologies should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.03% upward. Uber Technologies is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, Uber Technologies is presently trading at a Forward P/E ratio of 25.61. Its industry sports an average Forward P/E of 14.82, so one might conclude that Uber Technologies is trading at a premium comparatively.
We can also see that UBER currently has a PEG ratio of 6.42. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Internet - Services industry stood at 1.58 at the close of the market yesterday.
The Internet - Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 160, placing it within the bottom 35% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Alphabet (GOOGL - Free Report) closed the most recent trading day at $357.37, moving +1.05% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.79%. On the other hand, the Dow registered a gain of 0.26%, and the technology-centric Nasdaq increased by 1.52%.
Heading into today, shares of the internet search leader had lost 6.04% over the past month, lagging the Computer and Technology sector's loss of 4.61% and the S&P 500's loss of 1.82%.
The upcoming earnings release of Alphabet will be of great interest to investors. The company is forecasted to report an EPS of $2.86, showcasing a 23.81% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $101 billion, indicating a 23.59% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $14.3 per share and a revenue of $422.05 billion, indicating changes of +32.28% and +23.08%, respectively, from the former year.
Any recent changes to analyst estimates for Alphabet should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.08% higher. Currently, Alphabet is carrying a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Alphabet has a Forward P/E ratio of 24.73 right now. This indicates a premium in contrast to its industry's Forward P/E of 14.82.
We can also see that GOOGL currently has a PEG ratio of 1.51. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Internet - Services industry was having an average PEG ratio of 1.58.
The Internet - Services industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 160, positioning it in the bottom 35% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Amazon's AI strength runs through AWS and enterprise cloud infrastructure demand. Alphabet has more AI monetization paths across search, YouTube, Android, and cloud.
Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Microsoft Corporation (NASDAQ: MSFT) between May 1, 2025 and January 28, 2026, inclusive (the "Class Period"), of the important August 11, 2026 lead plaintiff deadline.
So What: If you purchased Microsoft common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Microsoft class action, go to https://rosenlegal.com/cases/microsoft-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 11, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Microsoft's Copilot family of products had experienced significant brand positioning, user experience, usage, data siloing, computational capacity, organizational, and interoperability problems; (2) Microsoft's flagship proprietary AI model ranked well below competitors on a number of benchmark tests; (3) Microsoft needed to increase by billions of dollars its capital expenditures and divert graphics processing unit ("GPU") and central processing unit ("CPU") capacity away from fulfilling demand for its profitable Azure services in order to improve the competitive positioning of its critical Copilot family of products and increase its AI-related research and development ("R&D"); and (4) as a result, Microsoft had failed to convert a significant percentage of its commercial Microsoft 365 users to paid Copilot subscriptions and Microsoft's Copilot offerings had lost market share to rival products, a trend that was increasing. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Microsoft class action, go to https://rosenlegal.com/cases/microsoft-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
Microsoft CEO Satya Nadella. JASON REDMOND/AFP via Getty Images Microsoft is planning to announce job cuts soon as the tech giant continues efforts to control costs, according to people familiar with the situation.
The cuts are expected to impact thousands of roles, including sales and consulting, in addition to jobs at the Xbox gaming division, the people said.
This round will be smaller than similar layoffs last year. This time, the cuts will be less than 2.5% of the company's 220,000-person workforce, the people added. They asked not to be identified discussing sensitive matters.
The company is planning to announce the layoffs next week, although the exact timing could change. Some affected employees will be offered new roles immediately, one of the people said.
In previous years, Microsoft has sometimes cut jobs around the start of its new fiscal year on July 1. Last year, the company eliminated 6,000 roles in May and an additional 9,000 employees, or about 4% of the company's workforce, in July.
The plans underscore Microsoft's moves to rein in costs as it ramps up spending on AI. The company has also been under pressure from Wall Street over concern that AI could replace software services, including, in theory, some Microsoft offerings. The stock has slumped about 17% in the past month.
Microsoft earlier this year announced a voluntary retirement program offering buyouts to employees level 67 and below in the US who had 70 or more years of age and service. About 7% of Microsoft's 125,000 US workforce, or nearly 9,000 employees, was eligible.
About one-third of eligible employees took the buyout, in line with expectations, one of the people said. That allowed Microsoft to cut a lower percentage of its workforce compared to last year, this person added.
Sales employees with commission-based compensation were excluded from this retirement buyout offer, according to an internal document viewed by Business Insider.
Xbox layoffs have been expected since new gaming CEO Asha Sharma sent a memo to employees calling for a "reset" for this business.
Have a tip? Contact this reporter via email at [email protected] or Signal at +1-425-344-8242. Use a personal email address and a nonwork device; here's our guide to sharing information securely.
Nike (NKE - Free Report) came out with quarterly earnings of $0.2 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +82.48%. A quarter ago, it was expected that this athletic apparel maker would post earnings of $0.29 per share when it actually produced earnings of $0.35, delivering a surprise of +20.69%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Nike, which belongs to the Zacks Shoes and Retail Apparel industry, posted revenues of $10.97 billion for the quarter ended May 2026, surpassing the Zacks Consensus Estimate by 1.13%. This compares to year-ago revenues of $11.1 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Nike shares have lost about 34.9% since the beginning of the year versus the S&P 500's gain of 8.7%.
What's Next for Nike?While Nike has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Nike was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.46 on $11.42 billion in revenues for the coming quarter and $1.83 on $46.57 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Shoes and Retail Apparel is currently in the top 44% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Steven Madden (SHOO - Free Report) , is yet to report results for the quarter ended June 2026.
This footwear and accessories retailer is expected to post quarterly earnings of $0.31 per share in its upcoming report, which represents a year-over-year change of +55%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Steven Madden's revenues are expected to be $629.57 million, up 12.6% from the year-ago quarter.
For the quarter ended May 2026, Nike (NKE - Free Report) reported revenue of $10.97 billion, down 1.1% over the same period last year. EPS came in at $0.20, compared to $0.14 in the year-ago quarter.
The reported revenue represents a surprise of +1.13% over the Zacks Consensus Estimate of $10.85 billion. With the consensus EPS estimate being $0.11, the EPS surprise was +82.48%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Nike performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Geographic Revenue- North America: $4.83 billion versus the seven-analyst average estimate of $4.85 billion. The reported number represents a year-over-year change of +2.7%.Geographic Revenue- Greater China: $1.3 billion versus $1.21 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a -12.1% change.Geographic Revenue- Asia Pacific & Latin America: $1.6 billion compared to the $1.56 billion average estimate based on seven analysts. The reported number represents a change of +1.3% year over year.Geographic Revenue- Europe, Middle East and Africa: $2.98 billion versus $2.98 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a -0.8% change.Geographic Revenue- Greater China- Equipment: $25 million versus $22.82 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -16.7% change.Revenue- Converse: $244 million compared to the $260.53 million average estimate based on seven analysts. The reported number represents a change of -31.7% year over year.Revenue- Total Nike Brand: $10.72 billion compared to the $10.58 billion average estimate based on six analysts. The reported number represents a change of -0.4% year over year.Revenue- Global Brand Divisions: $24 million compared to the $7.77 million average estimate based on six analysts. The reported number represents a change of +166.7% year over year.Revenue- Corporate: $4 million compared to the $-13.35 million average estimate based on six analysts. The reported number represents a change of -117.4% year over year.Revenue- Footwear: $7.1 billion compared to the $7.03 billion average estimate based on four analysts. The reported number represents a change of -1.1% year over year.Revenue- Apparel: $3.05 billion compared to the $2.93 billion average estimate based on four analysts. The reported number represents a change of +1.5% year over year.Revenue- Equipment: $551 million versus $561.72 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -2.8% change.View all Key Company Metrics for Nike here>>>
Shares of Nike have returned -9.7% over the past month versus the Zacks S&P 500 composite's -1.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Canopy Growth Corporation (CGC - Free Report) closed the most recent trading day at $0.95, moving -4.45% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.79%. On the other hand, the Dow registered a gain of 0.26%, and the technology-centric Nasdaq increased by 1.52%.
Shares of the company witnessed a loss of 7.94% over the previous month, trailing the performance of the Medical sector with its gain of 7.53%, and the S&P 500's loss of 1.82%.
Investors will be eagerly watching for the performance of Canopy Growth Corporation in its upcoming earnings disclosure. In that report, analysts expect Canopy Growth Corporation to post earnings of -$0.04 per share. This would mark year-over-year growth of 71.43%. In the meantime, our current consensus estimate forecasts the revenue to be $58.52 million, indicating a 12.25% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.11 per share and a revenue of $243.57 million, indicating changes of +75.56% and +18.26%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for Canopy Growth Corporation. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 13.79% lower within the past month. Canopy Growth Corporation is currently a Zacks Rank #3 (Hold).
The Medical - Products industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 180, which puts it in the bottom 27% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
In the latest trading session, AT&T (T - Free Report) closed at $20.70, marking a -5.13% move from the previous day. This change lagged the S&P 500's 0.79% gain on the day. At the same time, the Dow added 0.26%, and the tech-heavy Nasdaq gained 1.52%.
Shares of the telecommunications company have depreciated by 11.12% over the course of the past month, underperforming the Computer and Technology sector's loss of 4.61%, and the S&P 500's loss of 1.82%.
Investors will be eagerly watching for the performance of AT&T in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 22, 2026. In that report, analysts expect AT&T to post earnings of $0.59 per share. This would mark year-over-year growth of 9.26%. At the same time, our most recent consensus estimate is projecting a revenue of $31.99 billion, reflecting a 3.71% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.3 per share and revenue of $129.78 billion, indicating changes of +8.49% and +3.29%, respectively, compared to the previous year.
Any recent changes to analyst estimates for AT&T should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. AT&T is currently a Zacks Rank #3 (Hold).
In terms of valuation, AT&T is presently being traded at a Forward P/E ratio of 9.47. This indicates a discount in contrast to its industry's Forward P/E of 10.88.
We can additionally observe that T currently boasts a PEG ratio of 0.89. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Wireless National industry had an average PEG ratio of 1.05 as trading concluded yesterday.
The Wireless National industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 176, this industry ranks in the bottom 28% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
On June 30, 2026, Netflix Inc (NFLX) shares fell 3.2% today, closing at $71.40. Over the past year, the stock has experienced significant volatility, having rea
Netflix (NFLX - Free Report) closed at $71.40 in the latest trading session, marking a -3.23% move from the prior day. This change lagged the S&P 500's 0.79% gain on the day. Meanwhile, the Dow gained 0.26%, and the Nasdaq, a tech-heavy index, added 1.52%.
The internet video service's stock has dropped by 14.06% in the past month, falling short of the Consumer Discretionary sector's loss of 0.73% and the S&P 500's loss of 1.82%.
Analysts and investors alike will be keeping a close eye on the performance of Netflix in its upcoming earnings disclosure. The company's earnings report is set to go public on July 16, 2026. The company is forecasted to report an EPS of $0.79, showcasing a 9.72% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $12.57 billion, showing a 13.48% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $3.6 per share and a revenue of $51.41 billion, demonstrating changes of +42.29% and +13.77%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Netflix. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Netflix currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, Netflix is holding a Forward P/E ratio of 20.5. This indicates a premium in contrast to its industry's Forward P/E of 13.04.
It is also worth noting that NFLX currently has a PEG ratio of 0.94. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Broadcast Radio and Television industry currently had an average PEG ratio of 1.09 as of yesterday's close.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 106, placing it within the top 44% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow NFLX in the coming trading sessions, be sure to utilize Zacks.com.
Walmart (WMT - Free Report) closed the most recent trading day at $113.26, moving -1.17% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.79%. At the same time, the Dow added 0.26%, and the tech-heavy Nasdaq gained 1.52%.
The world's largest retailer's stock has climbed by 0% in the past month, exceeding the Retail-Wholesale sector's loss of 5.08% and the S&P 500's loss of 1.82%.
The investment community will be closely monitoring the performance of Walmart in its forthcoming earnings report. The company is scheduled to release its earnings on August 20, 2026. In that report, analysts expect Walmart to post earnings of $0.74 per share. This would mark year-over-year growth of 8.82%. Our most recent consensus estimate is calling for quarterly revenue of $186.4 billion, up 5.07% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.89 per share and a revenue of $750 billion, representing changes of +9.47% and +5.17%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Walmart. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.11% higher. Currently, Walmart is carrying a Zacks Rank of #3 (Hold).
In the context of valuation, Walmart is at present trading with a Forward P/E ratio of 39.67. This represents a premium compared to its industry average Forward P/E of 13.62.
One should further note that WMT currently holds a PEG ratio of 4.27. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Retail - Supermarkets industry held an average PEG ratio of 1.95.
The Retail - Supermarkets industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 215, finds itself in the bottom 12% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Walt Disney (DIS - Free Report) ended the recent trading session at $96.25, demonstrating a -2.41% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.79% for the day. At the same time, the Dow added 0.26%, and the tech-heavy Nasdaq gained 1.52%.
Heading into today, shares of the entertainment company had lost 4.1% over the past month, lagging the Consumer Discretionary sector's loss of 0.73% and the S&P 500's loss of 1.82%.
Analysts and investors alike will be keeping a close eye on the performance of Walt Disney in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $1.88, marking a 16.77% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $25.51 billion, up 7.87% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.85 per share and a revenue of $101.83 billion, indicating changes of +15.51% and +7.84%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for Walt Disney. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.01% higher. Walt Disney is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Walt Disney has a Forward P/E ratio of 14.39 right now. This indicates a discount in contrast to its industry's Forward P/E of 17.06.
We can also see that DIS currently has a PEG ratio of 1.24. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Media Conglomerates industry stood at 0.63 at the close of the market yesterday.
The Media Conglomerates industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 71, this industry ranks in the top 30% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Delta Air Lines, Inc. enters Q2 earnings with strong momentum, up 47% in three months, but valuation appears marginally overextended. I maintain a Hold rating on DAL stock, citing robust premiumization and loyalty growth, but heightened volatility and elevated expectations ahead of earnings. Q2 focus should be on diversified revenue expansion, especially premium ticket growth and AMEX remuneration, not short-term fuel headwinds.
