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8 hours ago
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Canopy Growth Corporation (CGC) Dips More Than Broader Market: What You Should Know
In the latest close session, Canopy Growth Corporation (CGC) was down 6.84% at $1.09. The stock's change was less than the S&P 500's daily loss of 0.4%. Meanwhile, the Dow experienced a drop of 0.98%, and the technology-dominated Nasdaq saw an increase of 0.18%. Heading into today, shares of the company had lost 19.31% over the past month, lagging the Medical sector's loss of 1.56% and the S&P 500's gain of 4.97%. The investment community will be paying close attention to the earnings performance of Canopy Growth Corporation in its upcoming release. The company's upcoming EPS is projected at -$0.11, signifying a 70.27% increase compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $48.08 million, down 0.64% from the year-ago period. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.43 per share and a revenue of $199.33 million, indicating changes of +85.57% and +3.12%, respectively, from the former year. It's also important for investors to be aware of any recent modifications to analyst estimates for Canopy Growth Corporation. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 5.69% lower. Canopy Growth Corporation is currently sporting a Zacks Rank of #4 (Sell). The Medical - Products industry is part of the Medical sector. This industry, currently bearing a Zacks Industry Rank of 141, finds itself in the bottom 43% 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. Be sure to follow all of these stock-moving metrics, and many 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 Canopy Growth Corporation (CGC) : 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
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8 hours ago
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Amerigo Resources (ARREF) Advances While Market Declines: Some Information for Investors
Amerigo Resources (ARREF) ended the recent trading session at $1.67, demonstrating a +1.03% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 0.4%. Meanwhile, the Dow lost 0.98%, and the Nasdaq, a tech-heavy index, added 0.18%. The copper and molybdenum mining company's stock has climbed by 17.86% in the past month, exceeding the Basic Materials sector's gain of 2.16% and the S&P 500's gain of 4.97%. The investment community will be closely monitoring the performance of Amerigo Resources in its forthcoming earnings report. The company is predicted to post an EPS of $0.05, indicating a 16.67% decline compared to the equivalent quarter last year. For the full year, the Zacks Consensus Estimates project earnings of $0.21 per share and a revenue of $0 million, demonstrating changes of +75% and 0%, respectively, from the preceding year. Investors should also note any recent changes to analyst estimates for Amerigo Resources. Such recent modifications usually signify the changing landscape 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. 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. Currently, Amerigo Resources is carrying a Zacks Rank of #3 (Hold). In the context of valuation, Amerigo Resources is at present trading with a Forward P/E ratio of 7.86. For comparison, its industry has an average Forward P/E of 22.13, which means Amerigo Resources is trading at a discount to the group. We can also see that ARREF currently has a PEG ratio of 0.39. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. ARREF's industry had an average PEG ratio of 0.85 as of yesterday's close. The Mining - Non Ferrous industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 42, this industry ranks in the top 18% 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. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming 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 Amerigo Resources Ltd. (ARREF) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
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8 hours ago
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KLA (KLAC) Rises As Market Takes a Dip: Key Facts
In the latest trading session, KLA (KLAC) closed at $936.53, marking a +1.59% move from the previous day. This move outpaced the S&P 500's daily loss of 0.4%. Elsewhere, the Dow saw a downswing of 0.98%, while the tech-heavy Nasdaq appreciated by 0.18%. Prior to today's trading, shares of the maker of equipment for manufacturing semiconductors had gained 3.3% lagged the Computer and Technology sector's gain of 6.34% and the S&P 500's gain of 4.97%. The upcoming earnings release of KLA will be of great interest to investors. The company's earnings report is expected on July 31, 2025. The company's earnings per share (EPS) are projected to be $8.53, reflecting a 29.24% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.08 billion, up 19.75% from the year-ago period. KLAC's full-year Zacks Consensus Estimates are calling for earnings of $32.46 per share and revenue of $12.05 billion. These results would represent year-over-year changes of +36.73% and 0%, respectively. Investors should also pay attention to any latest changes in analyst estimates for KLA. Recent revisions tend to reflect the latest near-term business trends. 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. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.42% higher. At present, KLA boasts a Zacks Rank of #2 (Buy). Investors should also note KLA's current valuation metrics, including its Forward P/E ratio of 27.8. For comparison, its industry has an average Forward P/E of 19.28, which means KLA is trading at a premium to the group. Meanwhile, KLAC's PEG ratio is currently 1.72. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Electronics - Miscellaneous Products industry held an average PEG ratio of 1.78. The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 139, placing it within the bottom 44% 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. Be sure to use to monitor all these stock-influencing metrics, and more, throughout the forthcoming 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 KLA Corporation (KLAC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
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13 hours ago
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Lowe's (LOW) Registers a Bigger Fall Than the Market: Important Facts to Note
Lowe's (LOW) closed at $215.01 in the latest trading session, marking a -3.32% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.4%. Meanwhile, the Dow lost 0.98%, and the Nasdaq, a tech-heavy index, added 0.18%. The home improvement retailer's shares have seen an increase of 2.92% over the last month, not keeping up with the Retail-Wholesale sector's gain of 4.14% and the S&P 500's gain of 4.97%. Market participants will be closely following the financial results of Lowe's in its upcoming release. On that day, Lowe's is projected to report earnings of $4.25 per share, which would represent year-over-year growth of 3.66%. Meanwhile, the latest consensus estimate predicts the revenue to be $23.96 billion, indicating a 1.61% increase compared to the same quarter of the previous year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $12.3 per share and a revenue of $84.29 billion, representing changes of +2.5% and +0.74%, respectively, from the prior year. Any recent changes to analyst estimates for Lowe's should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, 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 a 0.1% increase. Currently, Lowe's is carrying a Zacks Rank of #3 (Hold). In terms of valuation, Lowe's is currently trading at a Forward P/E ratio of 18.08. This indicates a discount in contrast to its industry's Forward P/E of 19.98. It is also worth noting that LOW currently has a PEG ratio of 2.1. 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 Retail - Home Furnishings industry was having an average PEG ratio of 2.33. The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 94, this industry ranks in the top 39% 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. Be sure to use to monitor all these stock-influencing metrics, and more, throughout the forthcoming 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 Lowe's Companies, Inc. (LOW) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
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13 hours ago
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Starbucks (SBUX) Falls More Steeply Than Broader Market: What Investors Need to Know
Starbucks (SBUX) closed at $92.48 in the latest trading session, marking a -1.01% move from the prior day. This change lagged the S&P 500's 0.4% loss on the day. At the same time, the Dow lost 0.98%, and the tech-heavy Nasdaq gained 0.18%. Heading into today, shares of the coffee chain had lost 0.06% over the past month, lagging the Retail-Wholesale sector's gain of 4.14% and the S&P 500's gain of 4.97%. The investment community will be closely monitoring the performance of Starbucks in its forthcoming earnings report. In that report, analysts expect Starbucks to post earnings of $0.64 per share. This would mark a year-over-year decline of 31.18%. Alongside, our most recent consensus estimate is anticipating revenue of $9.26 billion, indicating a 1.65% upward movement from the same quarter last year. For the full year, the Zacks Consensus Estimates project earnings of $2.48 per share and a revenue of $36.84 billion, demonstrating changes of -25.08% and +1.83%, respectively, from the preceding year. Investors might also notice recent changes to analyst estimates for Starbucks. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 0.79% fall in the Zacks Consensus EPS estimate. At present, Starbucks boasts a Zacks Rank of #4 (Sell). Investors should also note Starbucks's current valuation metrics, including its Forward P/E ratio of 37.69. This denotes a premium relative to the industry average Forward P/E of 21.52. One should further note that SBUX currently holds a PEG ratio of 4.78. 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 Retail - Restaurants industry currently had an average PEG ratio of 2.69 as of yesterday's close. The Retail - Restaurants industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 147, placing it within the bottom 41% 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. Don't forget to use to keep track of all these stock-moving metrics, and others, in the upcoming 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 Starbucks Corporation (SBUX) : 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
