Latest news with #ConsumerDiscretionary
Yahoo
19 hours ago
- Business
- Yahoo
GameStop (GME) Advances While Market Declines: Some Information for Investors
In the latest trading session, GameStop (GME) closed at $29.80, marking a +0.78% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.01%. On the other hand, the Dow registered a gain of 0.13%, and the technology-centric Nasdaq decreased by 0.32%. Coming into today, shares of the video game retailer had gained 7.8% in the past month. In that same time, the Consumer Discretionary sector gained 7.31%, while the S&P 500 gained 6.43%. Investors will be eagerly watching for the performance of GameStop in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on June 10, 2025. It is anticipated that the company will report an EPS of $0.08, marking a 166.67% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $750 million, indicating a 14.95% downward movement from the same quarter last year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.47 per share and a revenue of $3.4 billion, signifying shifts of +42.42% and -11.06%, respectively, from the last year. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for GameStop. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability. 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 last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Currently, GameStop is carrying a Zacks Rank of #3 (Hold). Digging into valuation, GameStop currently has a Forward P/E ratio of 62.92. Its industry sports an average Forward P/E of 19.17, so one might conclude that GameStop is trading at a premium comparatively. The Gaming industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 90, putting it in the top 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. You can find more information on all of these metrics, and much more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GameStop Corp. (GME) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
19 hours ago
- Business
- Yahoo
Hasbro (HAS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
The most recent trading session ended with Hasbro (HAS) standing at $66.71, reflecting a -0.13% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily loss of 0.01%. Elsewhere, the Dow gained 0.13%, while the tech-heavy Nasdaq lost 0.32%. Shares of the toy maker witnessed a gain of 10.03% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 7.31% and the S&P 500's gain of 6.43%. Analysts and investors alike will be keeping a close eye on the performance of Hasbro in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.77, signifying a 36.89% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $874.39 million, down 12.15% from the prior-year quarter. For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.22 per share and a revenue of $4.19 billion, signifying shifts of +5.24% and +1.41%, respectively, from the last year. Investors should also pay attention to any latest changes in analyst estimates for Hasbro. 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 company's business outlook. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.44% higher. Hasbro is currently a Zacks Rank #3 (Hold). Looking at valuation, Hasbro is presently trading at a Forward P/E ratio of 15.81. Its industry sports an average Forward P/E of 11.96, so one might conclude that Hasbro is trading at a premium comparatively. We can additionally observe that HAS currently boasts a PEG ratio of 1.84. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Toys - Games - Hobbies industry was having an average PEG ratio of 1.92. The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 30, finds itself in the top 13% echelons of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow HAS in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hasbro, Inc. (HAS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Automotive
- Yahoo
ETFs to Ride on Tesla's Renewed Growth Story
Despite weak quarterly earnings, Tesla TSLA has been riding higher on optimism over the launch of robotaxis and Musk's promise to refocus on his business (read: Should You Buy Tesla ETFs Post Q1 Earnings Miss?). Investors can capitalize on the potential growth with ETFs having a substantial allocation to this luxury carmaker. These include Simplify Volt TSLA Revolution ETF TESL, The Nightview Fund NITE, Consumer Discretionary Select Sector SPDR Fund XLY, Vanguard Consumer Discretionary ETF VCR and Fidelity MSCI Consumer Discretionary Index ETF FDIS. According to a Bloomberg report, Tesla plans to launch its long-awaited robotaxi service in Austin, TX, on June 12. The news marks a key milestone in CEO Elon Musk's strategy to transition Tesla toward autonomous driving and artificial intelligence. The launch date is still tentative and subject to internal review but it aligns with Musk's earlier statements that the service would debut by the end of has successfully completed a driverless test drive of a Model Y SUV on public roads in Austin, marking a significant milestone as the company prepares to launch its robotaxi service. Elon Musk announced his departure from his advisory role in the Trump administration's Department of Government Efficiency (DOGE). This move signals Musk's renewed focus on Tesla amid recent challenges. Investors are optimistic that his full attention will drive innovation and address the company's recent hurdles, including declining sales and production issues. Beyond electric vehicles, Tesla is investing heavily in AI and humanoid robotics—areas Elon Musk believes could redefine the company's future value. While these initiatives are promising, they remain highly speculative, and many investors are holding out for more concrete progress before fully committing. Tesla reported dismal first-quarter 2025 results, missing estimates for earnings and revenues. Adjusted earnings per share came in at 27 cents, missing the Zacks Consensus Estimate of 44 cents and deteriorating 71% from the year-ago earnings. This marked the sixth earnings miss in the last seven quarters. Revenues dropped 9% year over year to $19.3 billion and fell short of the Zacks Consensus Estimate of $20.98 billion. The big miss was attributable to the automaker's brand crisis amid waves of protests, boycotts and criminal acts in response to CEO Elon Musk's political antics and work in the Trump administration. Simplify Volt TSLA Revolution ETF (TESL) Simplify Volt TSLA Revolution ETF uses an active management strategy to capture the potential of Tesla's stock price movements while implementing an advanced options overlay to manage downside risks. It has an expense ratio of 1.20% and AUM of $31.9 million. TESL trades in volume of 34,000 shares per day on average (read: Best-Performing ETFs of Last Week). The Nightview Fund (NITE)The Nightview Fund is an actively managed fund seeking long-term capital appreciation with the goal of outperforming the S&P 500 Total Return Index over a rolling 5-year period. It holds 19 stocks in its basket, with Tesla occupying the top position at 22.2% of its assets. The Nightview Fund charges 1.25% in annual fees and trades in an average daily volume of 2,000 shares. It has accumulated $25 million in its asset Discretionary Select Sector SPDR Fund (XLY)Consumer Discretionary Select Sector SPDR Fund offers exposure to the broad consumer discretionary space by tracking the Consumer Discretionary Select Sector Index. Holding 51 securities in its basket, Tesla takes the second spot with 18.7% of the assets. Consumer Discretionary Select Sector SPDR Fund is the largest and most popular product in this space, with AUM of $21.7 billion and charges 8 bps in annual fees. It trades in an average daily volume of 3.5 million shares and has a Zacks ETF Rank #3 (Hold) with a Medium risk outlook (read: Consumer Confidence Surges in May: ETFs to Gain).Vanguard Consumer Discretionary ETF (VCR)Vanguard Consumer Discretionary ETF currently follows the MSCI US Investable Market Consumer Discretionary 25/50 Index and holds 292 stocks in its basket. Of these, Tesla occupies the second position with a 14.3% allocation. Vanguard Consumer Discretionary ETF charges investors 9 bps in annual fees, whereas volume is good at nearly 60,000 shares a day. The product has managed about $6 billion in its asset base and carries a Zacks ETF Rank #3 with a Medium risk MSCI Consumer Discretionary Index ETF (FDIS)Fidelity MSCI Consumer Discretionary Index ETF tracks the MSCI USA IMI Consumer Discretionary Index, holding 262 stocks in its basket. Of these, TSLA takes the second spot with a 14.7% share. Fidelity MSCI Consumer Discretionary Index ETF has amassed $1.8 billion in its asset base while trading in a good volume of around 165,000 shares a day on average. Fidelity MSCI Consumer Discretionary Index ETF charges 8 bps in annual fees from investors and has a Zacks ETF Rank #4 (Sell) with a Medium risk outlook. Tesla's robotaxi initiative is progressing more quickly than anticipated, with near-term testing and self-delivery milestones acting as catalysts. Combined with Musk's re-dedicated leadership and a long-term vision rooted in autonomy and AI, Tesla appears poised to solidify its position at the forefront of the next automotive revolution. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla, Inc. (TSLA) : Free Stock Analysis Report Consumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports Vanguard Consumer Discretionary ETF (VCR): ETF Research Reports Fidelity MSCI Consumer Discretionary Index ETF (FDIS): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Is Accel Entertainment (ACEL) Stock Outpacing Its Consumer Discretionary Peers This Year?
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Accel Entertainment (ACEL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question. Accel Entertainment is one of 255 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Accel Entertainment is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for ACEL's full-year earnings has moved 8% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Based on the most recent data, ACEL has returned 5.3% so far this year. At the same time, Consumer Discretionary stocks have gained an average of 3.8%. This means that Accel Entertainment is outperforming the sector as a whole this year. One other Consumer Discretionary stock that has outperformed the sector so far this year is Sendas Distribuidora S.A. Sponsored ADR (ASAIY). The stock is up 126% year-to-date. In Sendas Distribuidora S.A. Sponsored ADR's case, the consensus EPS estimate for the current year increased 14.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Accel Entertainment belongs to the Gaming industry, a group that includes 41 individual stocks and currently sits at #90 in the Zacks Industry Rank. On average, stocks in this group have gained 0.7% this year, meaning that ACEL is performing better in terms of year-to-date returns. In contrast, Sendas Distribuidora S.A. Sponsored ADR falls under the Consumer Products - Discretionary industry. Currently, this industry has 24 stocks and is ranked #142. Since the beginning of the year, the industry has moved -8.3%. Investors with an interest in Consumer Discretionary stocks should continue to track Accel Entertainment and Sendas Distribuidora S.A. Sponsored ADR. These stocks will be looking to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Accel Entertainment, Inc. (ACEL) : Free Stock Analysis Report Sendas Distribuidora S.A. Sponsored ADR (ASAIY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
Whirlpool (WHR) Exceeds Market Returns: Some Facts to Consider
In the latest market close, Whirlpool (WHR) reached $78.62, with a +0.61% movement compared to the previous day. This move outpaced the S&P 500's daily gain of 0.4%. Meanwhile, the Dow gained 0.28%, and the Nasdaq, a tech-heavy index, added 0.39%. Shares of the maker of Maytag, KitchenAid and other appliances have appreciated by 2.44% over the course of the past month, underperforming the Consumer Discretionary sector's gain of 8.94% and the S&P 500's gain of 6.69%. The upcoming earnings release of Whirlpool will be of great interest to investors. On that day, Whirlpool is projected to report earnings of $1.73 per share, which would represent a year-over-year decline of 27.62%. At the same time, our most recent consensus estimate is projecting a revenue of $3.84 billion, reflecting a 3.8% fall from the equivalent quarter last year. For the full year, the Zacks Consensus Estimates are projecting earnings of $8.61 per share and revenue of $15.5 billion, which would represent changes of -29.48% and -6.7%, respectively, from the prior year. It is also important to note the recent changes to analyst estimates for Whirlpool. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability. 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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Whirlpool is holding a Zacks Rank of #4 (Sell) right now. Looking at its valuation, Whirlpool is holding a Forward P/E ratio of 9.08. This represents no noticeable deviation compared to its industry's average Forward P/E of 9.08. The Household Appliances industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 223, placing it within the bottom 10% of over 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 to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Whirlpool Corporation (WHR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
