In the latest trading session, Hershey (HSY - Free Report) closed at $183.04, marking a +2.1% move from the previous day. This change outpaced the S&P 500's 0.1% loss on the day. Elsewhere, the Dow saw an upswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.43%.
Prior to today's trading, shares of the chocolate bar and candy maker had lost 6.2% lagged the Consumer Staples sector's loss of 0.72% and the S&P 500's loss of 1.34%.
Market participants will be closely following the financial results of Hershey in its upcoming release. On that day, Hershey is projected to report earnings of $1.46 per share, which would represent year-over-year growth of 20.66%. Meanwhile, our latest consensus estimate is calling for revenue of $2.66 billion, up 1.84% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $8.45 per share and a revenue of $12.29 billion, indicating changes of +33.91% and +5.09%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Hershey. Recent revisions tend to reflect the latest 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, 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, the Zacks Consensus EPS estimate has moved 0.06% lower. Hershey currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Hershey has a Forward P/E ratio of 21.22 right now. This signifies a premium in comparison to the average Forward P/E of 20.13 for its industry.
It is also worth noting that HSY currently has a PEG ratio of 1.08. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Food - Confectionery industry currently had an average PEG ratio of 1.08 as of yesterday's close.
The Food - Confectionery industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 216, placing it within the bottom 12% of over 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Shares of Wendy's (WEN +26.06%) surged on Wednesday on heavy volume as investors rallied behind the beleaguered burger chain.
Image source: Getty Images.
Is this just another meme stock mania? Users of the popular stock-trading Reddit community WallStreetBets have taken an interest in Wendy's. One particularly viral thread labeled "We need to save Wendy's" garnered over 20,000 upvotes.
The struggling fast-food joint could use all the help it can get. Even after today's gains, Wendy's stock has lost roughly two-thirds of its value over the past five years.
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Wendy's operating profit fell 21.9% to $64.9 million in the first quarter, driven by a 6.8% decline in same-store sales. The restaurant chain is facing a challenging combination of declining traffic and rising commodity and labor costs.
Could this be the beginning of a turnaround? To help right the ship, Wendy's brought on new leadership. New CEO Robert Wright took the helm on May 21. Wright previously served as the CEO of Potbelly Corporation.
Wendy's also named former Potbelly executive Steve Cirulis as its chief financial officer and chief strategy officer on Tuesday. Wendy's noted that Wright and Cirulis helped spearhead a successful turnaround at Potbelly that saw its share price rise by over 500% during their tenure.
Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Reddit. The Motley Fool has a disclosure policy.
ATI (ATI - Free Report) ended the recent trading session at $197.59, demonstrating a -1.01% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.1%. At the same time, the Dow added 0.35%, and the tech-heavy Nasdaq lost 0.43%.
The stock of maker of steel and specialty metals has risen by 18.27% in the past month, leading the Aerospace sector's gain of 3.09% and the S&P 500's loss of 1.34%.
Market participants will be closely following the financial results of ATI in its upcoming release. The company's upcoming EPS is projected at $1.02, signifying a 37.84% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $1.22 billion, up 7.16% from the year-ago period.
ATI's full-year Zacks Consensus Estimates are calling for earnings of $4.35 per share and revenue of $4.98 billion. These results would represent year-over-year changes of +34.26% and +8.57%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for ATI. 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.
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, 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 remained stagnant. Currently, ATI is carrying a Zacks Rank of #2 (Buy).
Digging into valuation, ATI currently has a Forward P/E ratio of 45.9. This valuation marks a premium compared to its industry average Forward P/E of 38.31.
Also, we should mention that ATI has a PEG ratio of 1.75. 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 Aerospace - Defense Equipment was holding an average PEG ratio of 2.15 at yesterday's closing price.
The Aerospace - Defense Equipment industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 56, positioning it in the top 23% 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
In the latest trading session, Western Midstream (WES - Free Report) closed at $42.11, marking a -3.22% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.1%. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.43%.
The oil and gas transportation and storage company's stock has dropped by 4.16% in the past month, exceeding the Oils-Energy sector's loss of 7.58% and lagging the S&P 500's loss of 1.34%.
The investment community will be paying close attention to the earnings performance of Western Midstream in its upcoming release. It is anticipated that the company will report an EPS of $0.85, marking a 2.3% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.11 billion, showing a 17.75% escalation compared to the year-ago quarter.
WES's full-year Zacks Consensus Estimates are calling for earnings of $3.44 per share and revenue of $4.45 billion. These results would represent year-over-year changes of +15.44% and +15.76%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Western Midstream. These latest adjustments often mirror the shifting dynamics of short-term business patterns. 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. 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, the Zacks Consensus EPS estimate has shifted 1.26% upward. Currently, Western Midstream is carrying a Zacks Rank of #3 (Hold).
In the context of valuation, Western Midstream is at present trading with a Forward P/E ratio of 12.64. Its industry sports an average Forward P/E of 12.64, so one might conclude that Western Midstream is trading at no noticeable deviation comparatively.
We can also see that WES currently has a PEG ratio of 1.83. 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. As the market closed yesterday, the Oil and Gas - Refining and Marketing - Master Limited Partnerships industry was having an average PEG ratio of 1.61.
The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 29, putting it in the top 12% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
On June 24, 2026, PulteGroup Inc (PHM) shares rose 7.2% to a current price of $135.71. This rise comes in the context of a 52-week high of $144.50 and a low of
CRH (CRH - Free Report) closed at $112.02 in the latest trading session, marking a +1.58% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.1%. Meanwhile, the Dow experienced a rise of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.43%.
Shares of the building material company have appreciated by 8% over the course of the past month, outperforming the Construction sector's gain of 5.84%, and the S&P 500's loss of 1.34%.
Analysts and investors alike will be keeping a close eye on the performance of CRH in its upcoming earnings disclosure. On that day, CRH is projected to report earnings of $1.96 per share, which would represent year-over-year growth of 1.03%. Simultaneously, our latest consensus estimate expects the revenue to be $10.67 billion, showing a 4.57% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $5.92 per share and a revenue of $39.84 billion, demonstrating changes of +6.28% and +6.39%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for CRH. Recent revisions tend to reflect the latest near-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 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 past month, the Zacks Consensus EPS estimate remained stagnant. At present, CRH boasts a Zacks Rank of #3 (Hold).
In terms of valuation, CRH is currently trading at a Forward P/E ratio of 18.64. This represents no noticeable deviation compared to its industry average Forward P/E of 18.64.
One should further note that CRH currently holds a PEG ratio of 1.92. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Building Products - Miscellaneous industry held an average PEG ratio of 1.55.
The Building Products - Miscellaneous industry is part of the Construction sector. This group has a Zacks Industry Rank of 170, putting it in the bottom 31% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
On June 24, 2026, Principal Financial Group Inc (PFG) shares fell 5.1% to a current price of $106.66. This drop occurs within a 52-week range of $75.00 to $112.
On June 24, 2026, Mettler-Toledo International Inc (MTD) shares rose 4.0% to $1203.18, reflecting a positive shift in market sentiment. Despite today's move, th
In the latest trading session, Dominion Energy (D - Free Report) closed at $69.26, marking a +1.18% move from the previous day. This move outpaced the S&P 500's daily loss of 0.1%. Meanwhile, the Dow experienced a rise of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.43%.
Heading into today, shares of the energy company had gained 1.74% over the past month, outpacing the Utilities sector's loss of 0.41% and the S&P 500's loss of 1.34%.
Analysts and investors alike will be keeping a close eye on the performance of Dominion Energy in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.82, showcasing a 9.33% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $3.92 billion, reflecting a 2.79% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.59 per share and revenue of $17.78 billion. These totals would mark changes of +4.97% and +7.73%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Dominion Energy. 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.
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 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, the Zacks Consensus EPS estimate has remained steady. At present, Dominion Energy boasts a Zacks Rank of #3 (Hold).
Digging into valuation, Dominion Energy currently has a Forward P/E ratio of 19.05. Its industry sports an average Forward P/E of 18.25, so one might conclude that Dominion Energy is trading at a premium comparatively.
The Utility - Electric Power industry is part of the Utilities sector. With its current Zacks Industry Rank of 156, this industry ranks in the bottom 37% of all industries, numbering over 250.
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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
SAN FRANCISCO, June 24, 2026 (GLOBE NEWSWIRE) -- Verra Mobility Corporation (NASDAQ: VRRM) faces a securities class action lawsuit after revelations that one of the company’s three largest Commercial Services customers (Avis Budget Group) terminated renewal negotiations. The suit seeks to represent investors who purchased or otherwise acquired Verra common stock between February 24, 2026 and May 26, 2026.
The firm encourages Verra investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge of events surrounding Verra’s receipt of Avis’ termination notice who may be able to assist the investigation to contact its attorneys.
View our latest video summary of the allegations: youtu.be/FVEw5XACoGA
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
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.
Investors’ expectations were dashed when the truth was revealed on May 26, 2026. That day, 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.
Five days after the bombshell announcements, on May 31, 2026, CEO Roberts departed from his employment and from the board of directors.
“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.
REDWOOD CITY, Calif., June 24, 2026 (GLOBE NEWSWIRE) -- Revolution Medicines, a late-stage clinical oncology company developing targeted therapies for patients with RAS-addicted cancers, today announced that four oral and poster presentations highlighting data from its RAS(ON) pipeline will be featured at the 2026 European Society for Medical Oncology (ESMO) Gastrointestinal Cancers Congress, taking place July 1–4, 2026 in Munich, Germany.
The program will include two oral presentations from Phase 1/2 trials evaluating zoldonrasib, an oral RAS(ON) G12D-selective covalent inhibitor, in combination regimens for patients with metastatic RAS G12D pancreatic ductal adenocarcinoma (PDAC). These presentations will report results from zoldonrasib plus chemotherapy in the first line setting, and zoldonrasib plus daraxonrasib, the company’s oral RAS(ON) multi-selective inhibitor, in patients who had received one or more prior lines of therapy.
Additional presentations will include two Phase 3 trials-in-progress posters for RASolute 303, evaluating daraxonrasib as a monotherapy or in combination with gemcitabine and nab-paclitaxel versus standard of care gemcitabine and nab-paclitaxel as a first line treatment for patients with metastatic PDAC, and RASolute 304, evaluating adjuvant daraxonrasib in patients with PDAC who have undergone resection and completed perioperative chemotherapy.
Details of Revolution Medicines’ presentations are listed below.
Revolution Medicines Oral Presentations:
Title:Safety and Efficacy of Zoldonrasib (RMC-9805) Plus Daraxonrasib (RMC-6236) in Patients with 2L+ KRAS G12D Metastatic Pancreatic Adenocarcinoma (mPDAC)Abstract:#341OPresenter:Nilofer Azad, M.D., Johns Hopkins Sidney Kimmel Comprehensive Cancer CenterSession:Proffered Paper SessionDate/Time:July 2; 2:50 p.m. – 3:00 p.m. CEST Revolution Medicines Posters:
Title:RASolute 304 – A Phase 3 Multicenter, Open-label, Randomized Study of Adjuvant Daraxonrasib Versus Observation Following Completion of Neoadjuvant and/or Adjuvant Chemotherapy in Patients With Resected Pancreatic Adenocarcinoma (PDAC)Abstract:#472TiPPresenter:Michel Ducreux, M.D., Ph.D., Institut Gustave RoussySession:Upper Digestive – Biliary, ampullary and pancreatic cancerDate/Time:July 3; 3:30 p.m. – 4:30 p.m. CEST About Revolution Medicines, Inc.
Revolution Medicines is a late-stage clinical oncology company developing novel targeted therapies for patients with RAS-addicted cancers. The company’s R&D pipeline comprises RAS(ON) inhibitors designed to suppress diverse oncogenic variants of RAS proteins. The company’s RAS(ON) inhibitors daraxonrasib (RMC-6236), a RAS(ON) multi-selective inhibitor; elironrasib (RMC-6291), a RAS(ON) G12C-selective inhibitor; zoldonrasib (RMC-9805), a RAS(ON) G12D-selective inhibitor; and RMC-5127, a RAS(ON) G12V-selective inhibitor, are currently in clinical development. Additional development opportunities in the company’s pipeline focus on RAS(ON) mutant-selective inhibitors, including RMC-0708 (Q61H) and RMC-8839 (G13C). For more information, please visit www.revmed.com and follow us on LinkedIn.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Any statements in this press release that are not historical facts may be considered “forward-looking statements,” including without limitation statements regarding the progression of clinical studies and findings from these studies, including the tolerability, safety, and potential efficacy of the company’s candidates being studied.
Forward-looking statements are typically, but not always, identified by the use of words such as “aims,” “anticipate,” "believe," "estimate," "expect," "plan," “potential,” “project,” “up to,” "will" and other similar terminology indicating future results. Such forward-looking statements are subject to substantial risks and uncertainties that could cause the company’s development programs, future results, performance, or achievements to differ materially from those anticipated in the forward-looking statements. Such risks and uncertainties include without limitation risks and uncertainties inherent in the drug development process, including the company’s programs’ development stages, the process of designing and conducting preclinical and clinical trials, the regulatory approval processes, the timing of regulatory filings, the challenges associated with manufacturing drug products, the company’s ability to successfully establish, protect and defend its intellectual property, other matters that could affect the sufficiency of the company’s capital resources to fund operations, reliance on third parties for manufacturing and development efforts, changes in the competitive landscape, and the effects on the company’s business of the global events, such as international conflicts or global pandemics. For a further description of the risks and uncertainties that could cause actual results to differ from those anticipated in these forward-looking statements, as well as risks relating to the business of Revolution Medicines in general, see Revolution Medicines’ Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) on May 6, 2026, and its future periodic reports to be filed with the SEC. Except as required by law, Revolution Medicines undertakes no obligation to update any forward-looking statements to reflect new information, events, or circumstances, or to reflect the occurrence of unanticipated events.
On June 24, 2026, LPL Financial Holdings Inc (LPLA) shares fell 4.4% today, closing at $282.15. This decline is part of a broader trend, with shares down 20.8%
Shares of KB Home (KBH +16.65%) rallied on Wednesday after the homebuilder touted the benefits of its new built-to-order operating model.
Image source: Getty Images.
Tepid home sales KB Home's Q2 financial results displayed the signs of a housing market under pressure.
Home deliveries fell 23% year over year to 2,395. Average selling price decreased 5.5% to $461,900. Net orders declined 4% to 3,317.
All told, KB Home's revenue plunged 27% to $1.11 billion in its fiscal second quarter, which ended on May 31.
The homebuilder's net income, in turn, fell to $27.3 million, or $0.43 per share, from $107.9 million, or $1.50 per share, in the prior-year period.
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From speculation to specification Yet better times are ahead. During a conference call with analysts, CEO Rob McGibney highlighted the advantages of the company's shift to a built-to-order model:
We enter our construction cycle with certainty about the key variables, the buyer, the price, our cost to build, and the expected close date. When a buyer commits and we lock in the purchase price, our direct costs are established before a shovel hits the ground. We are not exposed to material or labor cost increases for that home after construction begins. Crucially, we know the margin we will achieve at delivery before we start.
Enabling customers to personalize their homes should help to reduce the need to offer sizable incentives and significantly improve cancellation rates. The added predictability of the built-to-order system should also bolster KB Home's profitability over time.
For its part, management sees KB Home's full-year housing gross margin rising to between 16.1% and 16.5%, up from 15.2% in the second quarter.
"The progress in our second quarter sets the foundation for the remainder of fiscal 2026, with sequentially higher delivery volumes and gross margins projected for each of the final two quarters," executive chairman Jeffrey Mezger said.
Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool recommends KB Home and recommends the following options: short July 2026 $60 calls on KB Home. The Motley Fool has a disclosure policy.
All amounts presented in this release are in U.S. Dollar (“USD”) unless otherwise stated.
CALGARY, Alberta, June 24, 2026 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) is pleased to announce that the Company has entered into an amended and restated credit agreement dated June 24, 2026 with respect to its syndicated secured revolving credit facility (the “RCF”). The maturity date of the RCF has been extended by three years to June 30, 2029 and availability is unchanged at $800 million. The Company's limit under the RCF may be increased by up to $200 million at the request of the Company, subject to lenders’ consent, compared to $50 million previously. As at March 31, 2026, the Company had drawn $162 million on its RCF. Led by the Royal Bank of Canada as agent, Enerflex received renewed lending commitments from all current syndicate members.
The Company also continues to maintain a $70 million unsecured credit facility (the “LC Facility”) with one of the lenders in its RCF syndicate. The LC Facility is supported by performance security guarantees provided by Export Development Canada.
Preet Dhindsa, Enerflex’s Senior Vice President and Chief Financial Officer, commented, “We appreciate the continued support of our lending syndicate. The extension of our revolving credit facility solidifies Enerflex’s financial flexibility as we execute our strategy. With a strong balance sheet and ample available liquidity, we remain focused on disciplined capital allocation and delivering long-term value for shareholders.”
Q2 Earnings Release
Enerflex plans to release its financial results and operating highlights for the three and six months ended June 30, 2026, on Thursday, August 6, 2026 prior to market open. Results will be communicated by news release and will be available on the Company's website at www.enerflex.com and under the electronic profile of the Company on SEDAR+ and EDGAR at www.sedarplus.ca and www.sec.gov/edgar, respectively.
Investors, analysts, members of the media, and other interested parties, are invited to participate in a conference call and audio webcast on Thursday, August 6, 2026 at 8:00 a.m. (MT), where members of senior management will discuss the Company's results. A question-and-answer period will follow.
To participate, register at https://register-conf.media-server.com/register/BIebea8b6833b642bbbff6b1c892d4954a. Once registered, participants will receive the dial-in numbers and a unique PIN to enter the call. The audio webcast of the conference call will be available on the Enerflex website at www.enerflex.com under the Investors section or can be accessed directly at https://edge.media-server.com/mmc/p/jgxueet4.
ADVISORY REGARDING FORWARD-LOOKING INFORMATION
This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws and “forward-looking statements” (and together with “forward-looking information”, “FLI”) within the meaning of the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are FLI. The use of any of the words “plan”, “will”, and similar expressions, are intended to identify FLI. In particular, this news release includes (without limitation) FLI pertaining to the Company’s expectation to release its financial results and operating highlights for the three and six months ended June 30, 2026, prior to the markets opening on Thursday, August 6, 2026 along with the news release, conference call and audio webcast associated therewith.
The FLI included in this news release is made as of the date of this news release and is based on the information available to the Company at such time and, other than as required by law, Enerflex disclaims any intention or obligation to update or revise any FLI, whether as a result of new information, future events, or otherwise. This news release and its contents should not be construed, under any circumstances, as investment, tax, or legal advice.
ABOUT ENERFLEX
Enerflex is a leading provider of modular natural gas, power, and treated water technology solutions, delivering value through disciplined execution and a deliberate approach to where we compete. Our customer focused delivery model supports operational excellence, innovation, and scalability across our global footprint with a focus on creating long-term shareholder value.
With approximately 4,400 engineers, manufacturers, technicians, professionals, and innovators, Enerflex is bound together by a shared vision: Transforming Energy for a Sustainable Future. The Company remains committed to the future of natural gas and the critical role it plays, while focused on sustainability offerings to support the world’s energy needs.
Enerflex’s common shares trade on the Toronto Stock Exchange under the symbol “EFX” and on the New York Stock Exchange under the symbol “EFXT”. For more information about Enerflex, visit www.enerflex.com.
For investor and media enquiries, contact:
Paul Mahoney
President and Chief Executive Officer
E-mail: [email protected]
Preet S. Dhindsa
Senior Vice President and Chief Financial Officer
E-mail: [email protected]
Jeff Fetterly
Vice President, Corporate Development and Capital Markets
E-mail: [email protected]
In the latest close session, Twilio (TWLO - Free Report) was up +2.34% at $188.34. The stock's change was more than the S&P 500's daily loss of 0.1%. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq decreased by 0.43%.
Coming into today, shares of the company had lost 2.96% in the past month. In that same time, the Computer and Technology sector lost 2.15%, while the S&P 500 lost 1.34%.
Analysts and investors alike will be keeping a close eye on the performance of Twilio in its upcoming earnings disclosure. The company's upcoming EPS is projected at $1.32, signifying a 10.92% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.42 billion, indicating a 15.84% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.64 per share and revenue of $5.81 billion, which would represent changes of +15.34% and +14.61%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Twilio. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
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 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, the Zacks Consensus EPS estimate has remained steady. Twilio is holding a Zacks Rank of #3 (Hold) right now.
From a valuation perspective, Twilio is currently exchanging hands at a Forward P/E ratio of 32.64. This expresses a premium compared to the average Forward P/E of 17.83 of its industry.
We can additionally observe that TWLO currently boasts a PEG ratio of 1.81. 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. TWLO's industry had an average PEG ratio of 0.99 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 90, putting it in the top 37% 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.
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 close session, Arch Capital Group (ACGL - Free Report) was up +1.21% at $94.84. The stock's change was more than the S&P 500's daily loss of 0.1%. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.43%.
Shares of the property and casualty insurer witnessed a loss of 1.74% over the previous month, trailing the performance of the Finance sector with its gain of 2.81%, and the S&P 500's loss of 1.34%.
The investment community will be closely monitoring the performance of Arch Capital Group in its forthcoming earnings report. The company is expected to report EPS of $2.46, down 4.65% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.6 billion, down 3.39% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $9.3 per share and a revenue of $18.2 billion, demonstrating changes of -5.49% and -3.12%, respectively, from the preceding year.
Any recent changes to analyst estimates for Arch Capital Group should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. 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. 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, 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 past month, the Zacks Consensus EPS estimate has moved 0.12% higher. Arch Capital Group currently has a Zacks Rank of #3 (Hold).
With respect to valuation, Arch Capital Group is currently being traded at a Forward P/E ratio of 10.07. This represents a discount compared to its industry average Forward P/E of 11.4.
Meanwhile, ACGL's PEG ratio is currently 4.69. 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 - Property and Casualty industry stood at 2.39 at the close of the market yesterday.
The Insurance - Property and Casualty industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 97, finds itself in the top 40% echelons of all 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.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of ANF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
In the latest trading session, Sprouts Farmers (SFM - Free Report) closed at $85.38, marking a +1.03% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.1%. Meanwhile, the Dow experienced a rise of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.43%.
The natural and organic food retailer's stock has dropped by 1.31% in the past month, exceeding the Retail-Wholesale sector's loss of 6.49% and the S&P 500's loss of 1.34%.
The upcoming earnings release of Sprouts Farmers will be of great interest to investors. On that day, Sprouts Farmers is projected to report earnings of $1.35 per share, which would represent no growth from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $2.33 billion, up 4.91% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.57 per share and revenue of $9.51 billion, which would represent changes of +4.9% and +8.04%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Sprouts Farmers. 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.
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, 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, the Zacks Consensus EPS estimate remained stagnant. Sprouts Farmers currently has a Zacks Rank of #3 (Hold).
In the context of valuation, Sprouts Farmers is at present trading with a Forward P/E ratio of 15.17. This denotes a discount relative to the industry average Forward P/E of 15.25.
Also, we should mention that SFM has a PEG ratio of 1.79. 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 Food - Natural Foods Products was holding an average PEG ratio of 1.71 at yesterday's closing price.
The Food - Natural Foods Products industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 216, this industry ranks in the bottom 12% of all industries, numbering over 250.
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.
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 close session, e.l.f. Beauty (ELF - Free Report) was up +1.65% at $64.54. The stock exceeded the S&P 500, which registered a loss of 0.1% for the day. Elsewhere, the Dow saw an upswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.43%.
Coming into today, shares of the cosmetics company had gained 17.29% in the past month. In that same time, the Consumer Staples sector lost 0.72%, while the S&P 500 lost 1.34%.
Investors will be eagerly watching for the performance of e.l.f. Beauty in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.73, indicating a 17.98% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $424.55 million, indicating a 20.02% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.31 per share and a revenue of $1.86 billion, signifying shifts of +5.75% and +13.64%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for e.l.f Beauty. Recent revisions tend to reflect the latest near-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. 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, 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 witnessed a 1.98% decrease. e.l.f. Beauty presently features a Zacks Rank of #3 (Hold).
Investors should also note e.l.f. Beauty's current valuation metrics, including its Forward P/E ratio of 19.18. This signifies no noticeable deviation in comparison to the average Forward P/E of 19.18 for its industry.
We can additionally observe that ELF currently boasts a PEG ratio of 1.81. 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 the market closed yesterday, the Cosmetics industry was having an average PEG ratio of 0.75.
The Cosmetics industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 85, putting it in the top 35% 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 follow all of these stock-moving metrics, and many more, on Zacks.com.
In the latest trading session, SoundHound AI, Inc. (SOUN - Free Report) closed at $6.34, marking a -1.63% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.1% for the day. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.43%.
Shares of the company have depreciated by 20.79% over the course of the past month, underperforming the Computer and Technology sector's loss of 2.15%, and the S&P 500's loss of 1.34%.
Market participants will be closely following the financial results of SoundHound AI, Inc. in its upcoming release. On that day, SoundHound AI, Inc. is projected to report earnings of -$0.05 per share, which would represent a year-over-year decline of 66.67%. At the same time, our most recent consensus estimate is projecting a revenue of $52.61 million, reflecting a 23.27% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.18 per share and a revenue of $233.14 million, indicating changes of -38.46% and +38.02%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for SoundHound AI, Inc. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending 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, 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. As of now, SoundHound AI, Inc. holds a Zacks Rank of #4 (Sell).
The Computers - IT Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 110, finds itself in the top 46% 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.
In the latest close session, Lithium Americas Corp. (LAC - Free Report) was down 5.06% at $3.94. This change lagged the S&P 500's 0.1% loss on the day. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.43%.
The stock of lithium producer has fallen by 16.83% in the past month, lagging the Basic Materials sector's loss of 3.56% and the S&P 500's loss of 1.34%.
The upcoming earnings release of Lithium Americas Corp. will be of great interest to investors. The company's earnings per share (EPS) are projected to be -$0.04, reflecting a 33.33% increase from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of -$0.14 per share and a revenue of $0 million, signifying shifts of +69.57% and 0%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Lithium Americas Corp. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending 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, 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 past month, the Zacks Consensus EPS estimate has shifted 9.91% upward. Right now, Lithium Americas Corp. possesses a Zacks Rank of #2 (Buy).
The Mining - Miscellaneous industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 154, finds itself in the bottom 37% 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Rigetti Computing, Inc. (RGTI - Free Report) closed at $19.54 in the latest trading session, marking a -8.2% move from the prior day. This change lagged the S&P 500's 0.1% loss on the day. Meanwhile, the Dow experienced a rise of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.43%.
The stock of company has fallen by 15.1% in the past month, lagging the Computer and Technology sector's loss of 2.15% and the S&P 500's loss of 1.34%.
The upcoming earnings release of Rigetti Computing, Inc. will be of great interest to investors. The company is predicted to post an EPS of -$0.03, indicating a 40% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $4.91 million, reflecting a 173% rise from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.18 per share and a revenue of $25.32 million, representing changes of +71.88% and +257.28%, respectively, from the prior year.
Any recent changes to analyst estimates for Rigetti Computing, Inc. should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
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. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Rigetti Computing, Inc. is holding a Zacks Rank of #4 (Sell) right now.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 90, positioning it in the top 37% of all 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
VANCOUVER, British Columbia, June 24, 2026 (GLOBE NEWSWIRE) -- Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) (“Taseko” or the "Company") announces the voting results from its 2026 Annual General Meeting held Wednesday, June 24, 2026 in Vancouver, British Columbia.
The Company also announces that shareholders approved the change of the Company’s name to Trekor Metals Limited. The name change will become legally effective on June 25, 2026.
A total of 216,723,190 common shares were voted at the meeting, representing 59.3% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business before the meeting, including the Ordinary Resolutions to approve the Name Change and certain amendments to the Company’s existing deferred share unit plan, the Advisory Resolution on executive compensation (Say-on-Pay) and the election of all director nominees, as follows:
Director% Votes in FavourAnu Dhir97.2%Robert A. Dickinson73.8%Russell E. Hallbauer98.3%Rita Maguire99.2%Stuart McDonald98.3%Peter C. Mitchell99.0%Kenneth Pickering96.5%Ronald W. Thiessen93.4%Crystal Smith98.8%
The Company’s common shares will commence trading under the new name on the Toronto Stock Exchange and New York Stock Exchange at the start of trading on June 29, 2026 and on the London Stock Exchange on June 30, 2026. The ticker symbol for the Company’s common shares will remain unchanged (TSX: TKO; NYSE American: TGB; LSE: TKO). Further to the name change, the new CUSIP number for the Company’s common shares will be 89472Y107, effective June 25, 2026. The Company’s ISIN will also change from CA8765111064 to CA89472Y1079 with effect from June 30, 2026.
There is no change to the Company’s share capital or the rights attaching to its shares, and its listing on the London Stock Exchange remains unchanged.
Detailed voting results for the 2026 Annual General Meeting are available at www.sedarplus.ca.
For further information on Taseko, see the Company’s website at www.tasekomines.com or contact:
Brian Bergot, Vice President, Investor Relations – 778-373-4533.
Stuart McDonald
President and CEO
No regulatory authority has approved or disapproved of the information contained in this news release.
Aptiv PLC (APTV - Free Report) closed at $60.42 in the latest trading session, marking a -1.63% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.1%. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq lost 0.43%.
Shares of the company witnessed a gain of 4.53% over the previous month, beating the performance of the Business Services sector with its loss of 2.53%, and the S&P 500's loss of 1.34%.
The investment community will be paying close attention to the earnings performance of Aptiv PLC in its upcoming release. The company is expected to report EPS of $1.41, down 33.49% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $3.3 billion, showing a 36.68% drop compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $6.32 per share and a revenue of $15.05 billion, demonstrating changes of -19.18% and -26.19%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Aptiv PLC. 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.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, 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. Within the past 30 days, our consensus EPS projection has moved 0.55% lower. Aptiv PLC is holding a Zacks Rank of #5 (Strong Sell) right now.
Digging into valuation, Aptiv PLC currently has a Forward P/E ratio of 9.71. This indicates a discount in contrast to its industry's Forward P/E of 15.4.
We can also see that APTV currently has a PEG ratio of 1.04. 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 currently had an average PEG ratio of 1.38 as of yesterday's close.
The Technology Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 167, which puts it in the bottom 32% 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.
To follow APTV in the coming trading sessions, be sure to utilize Zacks.com.
In the latest close session, CleanSpark (CLSK - Free Report) was down 5.56% at $16.24. This change lagged the S&P 500's daily loss of 0.1%. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.43%.
Shares of the company witnessed a gain of 0.35% over the previous month, trailing the performance of the Finance sector with its gain of 2.81%, and outperforming the S&P 500's loss of 1.34%.
Investors will be eagerly watching for the performance of CleanSpark in its upcoming earnings disclosure. The company is predicted to post an EPS of -$0.29, indicating a 137.18% decline compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $158.26 million, indicating a 20.33% decline compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of -$3.2 per share and a revenue of $642.95 million, demonstrating changes of -550.7% and -16.1%, respectively, from the preceding year.
Any recent changes to analyst estimates for CleanSpark 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.
Our research demonstrates that these adjustments in estimates directly associate with imminent 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, 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 past month, the Zacks Consensus EPS estimate has remained steady. Currently, CleanSpark is carrying a Zacks Rank of #4 (Sell).
The Financial - Miscellaneous Services industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 154, which puts it in the bottom 37% 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Oscar Health, Inc. (OSCR - Free Report) closed at $29.16 in the latest trading session, marking a -2.57% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.1%. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq decreased by 0.43%.
Prior to today's trading, shares of the company had gained 36.73% outpaced the Finance sector's gain of 2.81% and the S&P 500's loss of 1.34%.
Market participants will be closely following the financial results of Oscar Health, Inc. in its upcoming release. The company is expected to report EPS of $0.34, up 138.2% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $4.83 billion, reflecting a 68.58% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.47 per share and revenue of $18.7 billion, indicating changes of +127.81% and +59.85%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Oscar Health, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. 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 exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable 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. Oscar Health, Inc. is holding a Zacks Rank of #3 (Hold) right now.
In the context of valuation, Oscar Health, Inc. is at present trading with a Forward P/E ratio of 63.68. This denotes a premium relative to the industry average Forward P/E of 9.59.
Also, we should mention that OSCR has a PEG ratio of 2.09. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Insurance - Multi line industry was having an average PEG ratio of 0.92.
The Insurance - Multi line industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 156, finds itself in the bottom 37% echelons of all 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Markets are currently experiencing a "very healthy" reset, argues David Trainer. He says companies like Meta Platforms (META) and SpaceX (SPCX) raising debt to fund AI woke investors up and made them reevaluate.
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Meta CEO Mark Zuckerberg. Bloomberg/Getty Images Meta is walking back its stance on forcing engineers to join a task force focused on AI training, according to an internal memo obtained by Business Insider and four people familiar with the matter.
Last month, Meta reassigned 7,000 employees to units such as an Applied AI task force to help train Meta's coming AI models.
On Wednesday, Meta sent a memo about this task force, saying the company will now "defer to each individual's choice." The company sent the email to employees who had been "drafted," as some described its Applied AI task force.
"As I emphasized before, personal agency will remain at the heart of all opportunities at Meta: we will support employees in whatever decisions they make," the memo said.
"Of course, we'd prefer everyone to stay and push to SOTA together, but we defer to each individual's choice," it read, referring to state-of-the-art.
The memo went on to say that people in the unit would have preferential placement in other parts of the company due to staffing shortages.
Meta declined to comment for this story.
Some employees on Blind called the memo an "undraft."
The task force faced significant backlash last month from employees who compared the job to data labeling.
The reversal comes after chief technology officer Andrew Bosworth addressed a broader morale crisis at the company. During an internal "Tuesdays with Boz" session on June 2, Bosworth told employees that morale was "probably one of the worst it's ever been" in Meta's 20-year history, Business Insider previously reported.
In May, Meta laid off 10% of its staff, or 8,000 people.
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Pranav Dixit You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Pranav Dixit is the Meta Correspondent at Business Insider based in the San Francisco Bay Area. He writes about Meta’s products, policies, and internal workings while examining how the company’s decisions shape how billions of people connect and communicate.Previously, Pranav was the India-based technology correspondent for BuzzFeed News, covering the impact of Silicon Valley’s largest companies on the culture, society, and politics of more than a billion people in South Asia. He has also been a senior news editor at Engadget and ran technology coverage at the Hindustan Times, one of India’s largest national newspapers.Pranav’s reporting has shed light on the human consequences of Big Tech’s quest for growth in emerging markets, and sparked widespread conversations about the impact of American technology companies on the Global South. In 2019, he won Syracuse University’s Mirror Award for a boots-on-the-ground feature about how WhatsApp misinformation sparked gruesome lynchings in rural India. He has also reported from Kashmir, a volatile geopolitical hotspot, documenting the world’s longest-running internet shutdown.His work has been widely cited by major national and international publications, and he has been featured on the BBC, Al Jazeera, and podcasts such as Vox Media’s Land of the Giants to discuss his work. He has also spoken in journalism classes including at UC Berkeley’s graduate journalism program. His writing has appeared in The Guardian, Vox, Time, The Information, and Al Jazeera.Pranav moved to the United States in 2021 from New Delhi, India, to be a fellow at Harvard University’s Nieman Foundation for Journalism, where he studied the evolution of the American tech press and ways newsrooms around the world can cover technology and society more effectively.Got a tip about Meta or anything else in Silicon Valley? Contact Pranav via encrypted messaging app Signal (+1408-905-9124), or email him at [email protected] or [email protected]. You can also reach him on WhatsApp at +857-753-3949 or DM him on X (@PranavDixit) or BlueSky (@pranavdixit.bsky.social).Pranav keeps sources anonymous. Please use a non-work device to reach out.Expertise: Meta, Facebook, WhatsApp, Llama, AI, Threads, Instagram, Mark Zuckerberg, social media, platforms, immigration
Charles Rollet You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Charles Rollet is BI's tech correspondent in San Francisco. Prior to joining BI, Charles worked at TechCrunch covering startups and VC. Charles is based in the Bay Area, where he enjoys hiking with his dogs. You can contact Charles securely on Signal at charlesrollet.12 or +1-628-282-2811.
Space Exploration Technologies (SPCX 0.97%) successfully executed one of the largest IPOs in history on June 12. Even after a the stock tumbled this week, SpaceX's valuation is more than Tesla (TSLA 1.61%), another trillion-dollar business led by Elon Musk.
Last year, Tesla booked a $3.8 billion profit. SpaceX, meanwhile, recorded a $4.9 billion loss in 2025. From this perspective, Tesla may appear to be the superior investment. After all, why should investors opt for a money-losing business?
A deeper dive, however, reveals a more telling truth: Both companies trade at extremely high valuations. Even with positive profits, Tesla stock trades at more than 370 times earnings. The S&P 500, for comparison, trades at roughly 32 times earnings.
Why are both stocks trading at such nosebleed levels? The answer to this question reveals a lot about both businesses. It also provides an answer to which stock is better for investors in the long term.
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SpaceX and Tesla aren't that different after all Most investors think of Tesla as an electric vehicle stock. And that's true, at least in part. Last year, Tesla's Model Y was the second-best-selling passenger car in the world. Tesla's Model 3 also came in as one of the most popular sedans globally, electric or otherwise.
But Tesla's auto sales have been declining for several years. Last year, Tesla's auto sales fell by 8%. The year before, the company's auto sales slipped by 1%.
So yes, Tesla very much remains an EV producer. But with declining volumes, its status as an EV company hardly explains its $1.2 trillion market cap, which is higher than 370 times earnings.
SpaceX, too, is a curious case. The company itself claims that its total addressable market for rockets is only around $370 billion. Its satellite connectivity business, meanwhile, only has a total addressable market of $1.6 trillion. So even if SpaceX captured 100% of its long-term growth opportunities in these segments, that would only equate to around $2 trillion -- several hundred billion dollars less than the company's current market cap.
Image source: Getty Images.
The missing link is artificial intelligence. Both Tesla and SpaceX have essentially bet their entire business models on AI. Given that AI is one of the hottest areas of the market right now, investors are willing to pay top dollar for leading AI companies. That's true for Tesla even though its core legacy business is struggling. It's also true for SpaceX despite the company's lack of profitability.
"We believe we have identified the largest actionable total addressable market in human history," management said in SpaceX's IPO prospectus. More than 90% of its total addressable market isn't rockets or satellites, but AI, which is values at $26.5 trillion. Tesla, meanwhile, is chasing a $10 trillion market also based heavily on AI: robotaxis. "We think $8 trillion to $10 trillion for the entire autonomous taxi opportunity throughout the world, from almost nothing," Cathie Wood, CEO of Ark Invest predicts. "That's how quickly AI is going to cause these things to happen."
Which stock is better: SpaceX or Tesla? Surprisingly, both stocks face a very similar fate. If they fail at realizing their AI potential, both shares are likely a sell. If they succeed, it's possible there is plenty of upside to both stocks long term.
It's no wonder, then, that Musk is reportedly looking to merge Tesla and SpaceX. Betting markets currently predict a 51% chance of a merger by March of 2027. Even Musk's biographer is predicting a merger. "I think there will be a Tesla-SpaceX merger buyout, because it makes sense," Walter Isaacson recently told reporters.
Over the next 12 months, it may be moot whether Tesla or SpaceX is a superior stock pick. If betting markets and a growing number of experts are correct, we could see the two businesses become one fairly soon. Their shared AI ambitions are more than enough to justify a merger should regulators and shareholders approve.
Zoox refreshed its robotaxi and said it's prepared to produce up to 100 vehicles a week. Zoox Amazon's Zoox is getting ready to ramp up vehicle production with a newly refreshed robotaxi design as the company seeks to expand its service areas in the US.
Zoox unveiled several tweaks to its purpose-built robotaxi on Wednesday, including changes to the interior color, more ergonomic seats, larger cupholders, a more vivid touchscreen, and two-way audio capabilities designed to improve communication with riders and first responders.
Zoox said it can produce up to 100 of the newly updated robotaxis a week to support its expansion plans for this year, pending regulatory approval.
A spokesperson for Zoox said the regulatory approval refers to a pending petition with the National Highway Traffic Safety Administration. The petition seeks a temporary exemption from some federal safety standards that assume a vehicle has a human driver and traditional driving controls.
The core robotaxi design remains unchanged. Zoox said the updates are designed to make rides feel calmer and more intuitive as it prepares to put more vehicles on the road.
The lighter interior color scheme is meant to reduce "visual distractions" and make it easier for riders to spot items left behind, such as phones or keys, Zoox said.
Zoox updated the interior to include a lighter color scheme, more ergonomic seats, and other adjustments. Zoox "These robotaxis will join the fleet across our markets and become available to riders later this year as they come off the production line," Zoox said.
The company said in its announcement that the updated vehicle is its production-intent robotaxi and will be built at its Hayward, California, factory.
Business Insider previously reported that Zoox's 220,000-square-foot factory can produce more than 10,000 vehicles a year.
A Zoox spokesperson told Business Insider that the company does not need to build 10,000 robotaxis at the moment.
"We are ramping production in a deliberate, phased manner to safely meet the strong consumer demand and regulatory requirements," the spokesperson said.
Zoox provides free robotaxi rides to the public in limited parts of Las Vegas and San Francisco as the company continues to collect rider feedback.
The company said that it plans to expand to Austin and Miami later this year.
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Lloyd Lee You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Nike (NKE - Free Report) ended the recent trading session at $41.82, demonstrating a -1.32% change from the preceding day's closing price. This change lagged the S&P 500's 0.1% loss on the day. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.43%.
The stock of athletic apparel maker has fallen by 5.7% in the past month, lagging the Consumer Discretionary sector's loss of 1.78% and the S&P 500's loss of 1.34%.
The investment community will be paying close attention to the earnings performance of Nike in its upcoming release. The company is slated to reveal its earnings on June 30, 2026. The company's earnings per share (EPS) are projected to be $0.11, reflecting a 21.43% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $10.88 billion, showing a 1.98% drop compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $1.49 per share and a revenue of $46.33 billion, demonstrating changes of -31.02% and +0.05%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Nike. 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 demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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, 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 remained steady. As of now, Nike holds a Zacks Rank of #5 (Strong Sell).
In terms of valuation, Nike is presently being traded at a Forward P/E ratio of 22.89. For comparison, its industry has an average Forward P/E of 13.86, which means Nike is trading at a premium to the group.
It's also important to note that NKE currently trades at a PEG ratio of 1.83. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Shoes and Retail Apparel industry was having an average PEG ratio of 1.77.
The Shoes and Retail Apparel industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 110, placing it within the top 46% of over 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.
AT&T (T - Free Report) closed at $22.35 in the latest trading session, marking a -2.04% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.1% for the day. Elsewhere, the Dow saw an upswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.43%.
The telecommunications company's shares have seen a decrease of 8.83% over the last month, not keeping up with the Computer and Technology sector's loss of 2.15% and the S&P 500's loss of 1.34%.
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%. Our most recent consensus estimate is calling for quarterly revenue of $31.99 billion, up 3.71% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.3 per share and revenue of $129.78 billion. These totals would mark changes of +8.49% and +3.29%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AT&T. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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.
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. At present, AT&T boasts a Zacks Rank of #3 (Hold).
In terms of valuation, AT&T is currently trading at a Forward P/E ratio of 9.9. Its industry sports an average Forward P/E of 11.36, so one might conclude that AT&T is trading at a discount comparatively.
Meanwhile, T's PEG ratio is currently 0.95. 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. Wireless National stocks are, on average, holding a PEG ratio of 1.11 based on yesterday's closing prices.
The Wireless National industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 177, which puts it in the bottom 28% 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.
To follow T in the coming trading sessions, be sure to utilize Zacks.com.
Shares of streaming giant Netflix (NFLX 1.37%) have had a brutal year. The stock peaked near $134 in the middle of 2025, and it has since fallen roughly 46% to about $72 as of this writing, recently touching a fresh 52-week low. For a name that was one of the market's standout performers just a year ago, that is a stunning reversal.
So, is the beaten-down stock finally a buy? With the stock down and second-quarter results scheduled to be released July 16, this is a timely question worth consideration.
Image source: Getty Images.
What knocked Netflix stock down Netflix's slide hasn't come from one bad headline so much as a steady stream of them.
Early this year, the company's agreement to acquire Warner Bros. from Warner Bros. Discovery fell apart when Netflix declined to top a higher rival bid. Though Netflix did walk away with a $2.8 billion termination fee. Around the same time, co-founder Reed Hastings stepped down as chairman at the June 4 annual meeting, closing out a nearly three-decade run.
The bigger blow came with first-quarter results on April 16. The quarter itself was strong. Revenue rose 16% year over year to $12.25 billion, and operating margin widened to 32.3% from 31.7% a year earlier. But after that solid start, management left its full-year 2026 outlook unchanged, still calling for revenue of $50.7 billion to $51.7 billion (12% to 14% growth) and an operating margin of 31.5%. For a stock that had climbed into the report, simply holding the line on its full-year revenue forecast was enough to trigger a sell-off.
Management also guided for second-quarter operating margin to step down about 1.5 points from the year-ago quarter, as content costs are anticipated to land heavily in the first half of the year before easing in the back half.
And then there's the more recent headline about media giant Fox agreeing to acquire the streaming platform and service provider Roku. Netflix was reportedly one of the bidders for Roku.
Some investors may interpret Netflix's recent interest in acquisitions as a sign that it needs to acquire other companies in order to remain competitive.
Is the sell-off a buying opportunity? Step back from the noise, and the underlying business looks healthy.
Netflix's advertising revenue grew more than 2.5 times in 2025 to over $1.5 billion, and management expects it to roughly double again this year to about $3 billion. In markets where the ad tier is available, more than 60% of new sign-ups now choose it. The company also raised its full-year free cash flow forecast to about $12.5 billion and has resumed buying back stock after pausing during the Warner pursuit.
Then there's the valuation. At about $72, Netflix trades at about 23 times analysts' consensus forecast for its earnings per share this year -- the cheapest the stock has looked in years.
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With this said, there's good reason for investors to be cautious. Revenue growth appears to be slowing -- from 16% in 2025 toward a guided 12% to 14% this year. And competition across streaming isn't letting up, making a big content budget a necessity to keep growing.
Still, for the first time in a while, the price looks reasonable. But I still wouldn't call the stock a bargain, and there's no guarantee we've found the bottom.
But for long-term investors who have wanted to own the streaming leader and balked at its premium, a price near a 52-week low -- on a business still growing revenue in the mid-teens and doubling its ad sales -- looks like one of the more reasonable entry points Netflix has offered in years.
Mastercard: Steady Revenue TrajectoryMastercard (MA +1.21%) primarily generates its revenue by providing global transaction processing and a wide array of payment solutions to individual account holders, merchants, and financial institutions.
While it recently announced plans to reduce its global workforce by approximately 4%, it reported 46% net income margin for the quarter ended March 31, 2026.
Visa: Maintaining a Revenue LeadVisa (V +1.17%) earns the majority of its revenue by enabling the secure and efficient digital transfer of funds among consumers, retail businesses, and banking institutions around the world.
It entered into a strategic partnership with OpenAI to explore artificial intelligence in commerce, and it recorded approximately 64% EBIT margin for the quarter ended March 31, 2026.
Why Revenue Matters for Retail InvestorsRevenue serves as a gauge to help investors understand the total amount of money a business brings in before deducting any operational expenses. Understanding this top-line figure helps retail investors measure how effectively a business generates sales over time.
Quarterly Revenue for Mastercard and VisaQuarter (Period End)Mastercard RevenueVisa RevenueQ2 2024 (June 2024)$7.0 billion$8.9 billionQ3 2024 (Sept. 2024)$7.4 billion$9.6 billionQ4 2024 (Dec. 2024)$7.5 billion$9.5 billionQ1 2025 (March 2025)$7.3 billion$9.6 billionQ2 2025 (June 2025)$8.1 billion$10.2 billionQ3 2025 (Sept. 2025)$8.6 billion$10.7 billionQ4 2025 (Dec. 2025)$8.8 billion$10.9 billionQ1 2026 (March 2026)$8.4 billion$11.2 billionData source: Company filings. Data as of June 23, 2026.
Foolish TakeComparing revenue trends between Mastercard and Visa surfaces the unique quirks of their businesses. Visa experienced steady quarter-over-quarter sales growth in the past year. Over the same timeframe, Mastercard’s revenue expanded on a year-over-year basis, but saw uneven growth from quarter to quarter. The reason behind this is that Visa’s income relies heavily on payment processing transactions while Mastercard depends more on cross-border travel, which is not as consistent.
Both companies have seen revenue growth over time, given transaction fees automatically scale with global consumer spending. This doesn’t necessarily mean consumers are buying more. Part of the rising revenue is a sign that inflation has caused prices to increase, and since Visa and Mastercard’s fees are a percentage of every transaction, higher prices equate to more revenue.
Visa’s sales are larger than its rival’s because it has a greater market share of payment processing volume. That said, as digital payments continue to grow, both are poised to benefit for years to come.
Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Mastercard and Visa. The Motley Fool has a disclosure policy.
Visa (V - Free Report) ended the recent trading session at $332.23, demonstrating a +1.14% change from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 0.1%. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq decreased by 0.43%.
Heading into today, shares of the global payments processor had gained 0.61% over the past month, outpacing the Business Services sector's loss of 2.53% and the S&P 500's loss of 1.34%.
Analysts and investors alike will be keeping a close eye on the performance of Visa in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $3.21, reflecting a 7.72% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $11.35 billion, indicating a 11.59% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $13.09 per share and revenue of $45.35 billion, which would represent changes of +14.12% and +13.38%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Visa. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
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 a 0% rise in the Zacks Consensus EPS estimate. Visa is currently sporting a Zacks Rank of #3 (Hold).
Looking at valuation, Visa is presently trading at a Forward P/E ratio of 25.09. This denotes a premium relative to the industry average Forward P/E of 10.21.
It is also worth noting that V currently has a PEG ratio of 1.75. 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 Financial Transaction Services industry currently had an average PEG ratio of 0.75 as of yesterday's close.
The Financial Transaction Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 78, this industry ranks in the top 32% of all industries, numbering over 250.
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.
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, Exxon Mobil (XOM - Free Report) closed at $136.90, marking a -2.03% move from the previous day. This change lagged the S&P 500's 0.1% loss on the day. Elsewhere, the Dow saw an upswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.43%.
The stock of oil and natural gas company has fallen by 6.73% in the past month, leading the Oils-Energy sector's loss of 7.58% and undershooting the S&P 500's loss of 1.34%.
The investment community will be paying close attention to the earnings performance of Exxon Mobil in its upcoming release. The company is expected to report EPS of $3.96, up 141.46% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $97.91 billion, up 20.12% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $11.86 per share and a revenue of $392.6 billion, representing changes of +69.67% and +18.17%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Exxon Mobil. Such recent modifications usually signify the changing landscape of near-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 exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable 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 3.24% higher within the past month. At present, Exxon Mobil boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, Exxon Mobil is currently exchanging hands at a Forward P/E ratio of 11.78. This represents a premium compared to its industry average Forward P/E of 7.33.
It's also important to note that XOM currently trades at a PEG ratio of 0.59. 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 Oil and Gas - Integrated - International industry currently had an average PEG ratio of 0.53 as of yesterday's close.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 56, placing it within the top 23% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Ford Motor Company (F - Free Report) closed at $13.84 in the latest trading session, marking a -1.14% move from the prior day. This change lagged the S&P 500's daily loss of 0.1%. At the same time, the Dow added 0.35%, and the tech-heavy Nasdaq lost 0.43%.
Prior to today's trading, shares of the company had lost 8.62% lagged the Auto-Tires-Trucks sector's loss of 7.98% and the S&P 500's loss of 1.34%.
Market participants will be closely following the financial results of Ford Motor Company in its upcoming release. It is anticipated that the company will report an EPS of $0.35, marking a 5.41% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $45.44 billion, down 3.21% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.64 per share and a revenue of $175.77 billion, representing changes of +50.46% and +0.99%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Ford Motor Company. These revisions help to show the ever-changing nature 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 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, 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, there's been a 2.61% rise in the Zacks Consensus EPS estimate. Ford Motor Company is currently a Zacks Rank #3 (Hold).
Looking at its valuation, Ford Motor Company is holding a Forward P/E ratio of 8.55. This expresses a discount compared to the average Forward P/E of 20.03 of its industry.
Meanwhile, F's PEG ratio is currently 0.31. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Automotive - Domestic industry had an average PEG ratio of 0.96.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. With its current Zacks Industry Rank of 164, this industry ranks in the bottom 33% of all industries, numbering over 250.
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.
The GM logo is displayed at the General Motors headquarters in Detroit, Michigan, U.S., January 12, 2026. REUTERS/Rebecca Cook/File Photo Purchase Licensing Rights, opens new tab
CompaniesSAO PAULO, June 24 (Reuters) - General Motors (GM.N), opens new tab announced on Wednesday it would invest an extra 3.5 billion reais ($674.88 million) in Brazil, expanding its commitment to the country's auto industry by 50% and supporting production of hybrid vehicles and factory modernization.
The new amount adds to 7 billion reais announced in 2024, bringing GM's total planned investment to 10.5 billion reais until 2028, it said in a statement.
The investment will go mainly to the company's operations in Sao Paulo state, the most populated and wealthiest in the country.
It will support Chevrolet portfolio renewal, incorporation of new technologies including hybrid models, factory modernization and expansion of engineering and manufacturing capabilities.
The initiative will also contribute to generating qualified jobs and strengthening the competitiveness of Brazil's auto industry, the company said.
($1 = 5.1861 reais)
Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here.
Reporting by Paula Laier and Fernando Cardoso; Editing by Sonali Paul
Our Standards: The Thomson Reuters Trust Principles., opens new tab
GE Aerospace (GE - Free Report) closed at $365.88 in the latest trading session, marking a +2.64% move from the prior day. This move outpaced the S&P 500's daily loss of 0.1%. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.43%.
Shares of the industrial conglomerate have appreciated by 13.35% over the course of the past month, outperforming the Aerospace sector's gain of 3.09%, and the S&P 500's loss of 1.34%.
The investment community will be closely monitoring the performance of GE Aerospace in its forthcoming earnings report. The company is scheduled to release its earnings on July 16, 2026. The company's upcoming EPS is projected at $1.86, signifying a 12.05% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $11.84 billion, showing a 16.64% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $7.48 per share and a revenue of $48.75 billion, signifying shifts of +17.43% and +15.18%, respectively, from the last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for GE Aerospace. 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.
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, 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 moved 0.2% higher. At present, GE Aerospace boasts a Zacks Rank of #3 (Hold).
In terms of valuation, GE Aerospace is currently trading at a Forward P/E ratio of 47.67. This signifies a premium in comparison to the average Forward P/E of 25.43 for its industry.
One should further note that GE currently holds a PEG ratio of 3.16. 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 Aerospace - Defense industry currently had an average PEG ratio of 1.48 as of yesterday's close.
The Aerospace - Defense industry is part of the Aerospace sector. This group has a Zacks Industry Rank of 110, putting it in the top 46% 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
In the latest trading session, Verizon Communications (VZ - Free Report) closed at $45.74, marking a -2.13% move from the previous day. This move lagged the S&P 500's daily loss of 0.1%. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.43%.
Shares of the largest U.S. cellphone carrier witnessed a loss of 3.63% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 2.15%, and the S&P 500's loss of 1.34%.
Investors will be eagerly watching for the performance of Verizon Communications in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 24, 2026. The company's upcoming EPS is projected at $1.27, signifying a 4.10% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $35.41 billion, up 2.62% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.96 per share and revenue of $142.7 billion, indicating changes of +5.31% and +3.26%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Verizon Communications. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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, 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 0.06% higher. At present, Verizon Communications boasts a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Verizon Communications has a Forward P/E ratio of 9.41 right now. This signifies a discount in comparison to the average Forward P/E of 11.36 for its industry.
It is also worth noting that VZ currently has a PEG ratio of 1.14. 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 Wireless National industry held an average PEG ratio of 1.11.
The Wireless National industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 177, putting it in the bottom 28% of all 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.
Women's sports is no longer a niche opportunity. At Cannes Lions, Brian Sozzi sits down with F1 Academy Managing Director Susie Wolff and PepsiCo Chief Consumer and Marketing Officer Jane Wakely to discuss the growth of women's sports, the future of Formula One, and why brands are investing in female athletes like never before.
Novavax (NVAX - Free Report) closed at $8.90 in the latest trading session, marking a -1.17% move from the prior day. This change lagged the S&P 500's 0.1% loss on the day. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq lost 0.43%.
The stock of vaccine maker has fallen by 13.96% in the past month, lagging the Medical sector's gain of 1.97% and the S&P 500's loss of 1.34%.
Investors will be eagerly watching for the performance of Novavax in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of -$0.36, marking a 158.06% fall compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $50.04 million, indicating a 79.08% downward movement from the same quarter last year.
NVAX's full-year Zacks Consensus Estimates are calling for earnings of -$0.19 per share and revenue of $371.85 million. These results would represent year-over-year changes of -107.36% and -66.9%, respectively.
Investors should also pay attention to any latest changes in analyst estimates for Novavax. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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 last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Currently, Novavax is carrying a Zacks Rank of #3 (Hold).
The Medical - Biomedical and Genetics industry is part of the Medical sector. With its current Zacks Industry Rank of 158, this industry ranks in the bottom 36% 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.
To follow NVAX in the coming trading sessions, be sure to utilize Zacks.com.
Warren Buffett, at the helm of Berkshire Hathaway for six decades, constructed a long track record of investing success. And that's why investors have continually looked to him for inspiration. The Oracle of Omaha, as he's often called, led the Berkshire Hathaway portfolio to market-beating gains, delivering a compounded annual gain of nearly 20%. That's compared to the S&P 500's 10% compounded annual increase over that time period.
Of course, the portfolio hasn't looked exactly the same every year as Buffett bought and sold various stocks. But the billionaire, known for long-term investing, has held certain companies for many years -- and even decades. Buffett earlier this year handed his chief executive officer role off to Greg Abel, but as chairman, he still remains involved in the holding company.
Let's check out three of Buffett's favorites: They're worth owning for a lifetime.
Image source: The Motley Fool.
1. Coca-Cola Warren Buffett, in his 1988 letter to shareholders, wrote about his recent purchase of Coca-Cola (KO +0.36%), saying he planned to hold onto the shares for "a long time" and that when he finds a good business, "our favorite holding period is forever." Buffett followed through on the plan as the Berkshire Hathaway portfolio still holds Coca-Cola shares, and they remain among the top positions as of the end of the first quarter -- in the third spot, to be exact.
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Buffett surely likes Coca-Cola for two clear reasons: the company's solid moat, or competitive advantage, and its dividend payments. Coca-Cola's brand strength, as well as its deep distribution network, has kept the company in the lead year after year. Meanwhile, the company is a Dividend King, having increased its dividend payments for more than 50 consecutive years.
So, when you hold Coca-Cola shares, you'll benefit from steady earnings growth as well as passive income that's likely to increase over time.
2. American Express American Express (AXP +1.40%) is another stock Buffett bought many years ago -- and it now is the second-biggest position in the Berkshire Hathaway portfolio. This leading payment card company has demonstrated strength over time, even in tough economic conditions. Since American Express generally serves high-income individuals and households, it's less vulnerable to economic downturns.
This has helped the company increase earnings over time, and in recent quarters, American Express is showing that it has what it takes to keep this strength going: It's seeing significant growth in younger customers. In the latest quarter, for example, 66% of global new customer accounts were from Millennial and Gen Z customers.
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American Express is also a fantastic dividend stock, and its free cash flow level shows that it has the financial strength to continue along this path.
AXP Free Cash Flow data by YCharts
3. Apple Finally, I'll talk about the No. 1 stock in Buffett's portfolio. He hasn't held it as long as Coca-Cola and American Express, but it still is clearly a long-term holding. And this is Apple (AAPL 0.43%), a stock Buffett originally bought in 2016.
Generally, Buffett doesn't invest in technology companies, but he makes exceptions when he finds a particularly well-run business with a fantastic moat. And this is the case with Apple. Buffett has publicly praised Apple chief Tim Cook for his accomplishments and for making Apple a great investment for Berkshire Hathaway.
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But this growth story isn't over. The leadership Apple has built in the smartphone market and across devices, such as tablets, should keep paying off. And part of that may be due to the large installed base of active devices, at more than 2.5 billion today. These customers not only have purchased an Apple product, but they now are offering the company a recurrent stream of revenue.
This is through services, from digital entertainment to storage. Services revenue has exploded higher, reaching record levels quarter after quarter. All of this makes Apple a stock to hold onto for Buffett's favorite holding period: forever.
American Express (AXP - Free Report) closed at $342.56 in the latest trading session, marking a +1.42% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.1%. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq lost 0.43%.
Coming into today, shares of the credit card issuer and global payments company had gained 8.71% in the past month. In that same time, the Finance sector gained 2.81%, while the S&P 500 lost 1.34%.
Market participants will be closely following the financial results of American Express in its upcoming release. The company plans to announce its earnings on July 24, 2026. The company is expected to report EPS of $4.39, up 7.6% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $19.62 billion, reflecting a 9.86% rise from the equivalent quarter last year.
AXP's full-year Zacks Consensus Estimates are calling for earnings of $17.64 per share and revenue of $79.24 billion. These results would represent year-over-year changes of +14.69% and +9.71%, respectively.
Investors might also notice recent changes to analyst estimates for American Express. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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 past month, the Zacks Consensus EPS estimate has moved 0.26% higher. American Express is currently sporting a Zacks Rank of #3 (Hold).
Looking at its valuation, American Express is holding a Forward P/E ratio of 19.15. This signifies a premium in comparison to the average Forward P/E of 10.9 for its industry.
Investors should also note that AXP has a PEG ratio of 1.39 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Financial - Miscellaneous Services industry had an average PEG ratio of 1.07.
The Financial - Miscellaneous Services industry is part of the Finance sector. With its current Zacks Industry Rank of 154, this industry ranks in the bottom 37% of all industries, numbering over 250.
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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
In the latest close session, Pfizer (PFE - Free Report) was down 2.75% at $24.04. The stock trailed the S&P 500, which registered a daily loss of 0.1%. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq decreased by 0.43%.
The drugmaker's stock has dropped by 4.37% in the past month, falling short of the Medical sector's gain of 1.97% and the S&P 500's loss of 1.34%.
Market participants will be closely following the financial results of Pfizer in its upcoming release. The company plans to announce its earnings on August 4, 2026. In that report, analysts expect Pfizer to post earnings of $0.68 per share. This would mark a year-over-year decline of 12.82%. Simultaneously, our latest consensus estimate expects the revenue to be $14.4 billion, showing a 1.71% drop compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.99 per share and revenue of $61.64 billion, which would represent changes of -7.14% and -1.49%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Pfizer. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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. Pfizer is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that Pfizer has a Forward P/E ratio of 8.28 right now. Its industry sports an average Forward P/E of 15.31, so one might conclude that Pfizer is trading at a discount comparatively.
The Large Cap Pharmaceuticals industry is part of the Medical sector. This group has a Zacks Industry Rank of 94, putting it in the top 39% 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
In the latest close session, Cisco Systems (CSCO - Free Report) was down 1.16% at $119.74. This change lagged the S&P 500's 0.1% loss on the day. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq lost 0.43%.
The stock of seller of routers, switches, software and services has risen by 2.38% in the past month, leading the Computer and Technology sector's loss of 2.15% and the S&P 500's loss of 1.34%.
Analysts and investors alike will be keeping a close eye on the performance of Cisco Systems in its upcoming earnings disclosure. The company's upcoming EPS is projected at $1.17, signifying a 18.18% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $16.85 billion, up 14.86% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $4.28 per share and revenue of $62.95 billion. These totals would mark changes of +12.34% and +11.11%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Cisco Systems. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, 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 has moved 0.45% higher within the past month. Cisco Systems currently has a Zacks Rank of #2 (Buy).
Digging into valuation, Cisco Systems currently has a Forward P/E ratio of 28.3. For comparison, its industry has an average Forward P/E of 28.01, which means Cisco Systems is trading at a premium to the group.
It's also important to note that CSCO currently trades at a PEG ratio of 2.55. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. CSCO's industry had an average PEG ratio of 2.03 as of yesterday's close.
The Computer - Networking industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 42, putting it in the top 18% of all 250+ industries.
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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Blue Owl Capital presents a compelling high-yield opportunity with a nearly 10% dividend, despite investor concerns about its credit business. IBM secures a bullish catalyst as the US government proposes a $1B equity stake to support its quantum computing roadmap. Quantum Computing is a speculative buy, leveraging a strong cash position and accelerating revenue in a nascent market projected at 35% CAGR.
