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Bpost (BPOSY) Stock Sinks As Market Gains: What You Should Know – Stocks to Watch
  • Wed. Apr 17th, 2024

Bpost (BPOSY) Stock Sinks As Market Gains: What You Should Know

ByZacks

Nov 13, 2022
Voya Financial (VOYA) Q3 Earnings and Revenues Top Estimates

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bpost (BPOSY) closed the most recent trading day at $5.15, moving -1.9% from the previous trading session. This change lagged the S&P 500’s daily gain of 0.92%. At the same time, the Dow added 0.1%, and the tech-heavy Nasdaq gained 1.08%.

Heading into today, shares of the company had gained 1.94% over the past month, lagging the Consumer Discretionary sector’s gain of 9.21% and the S&P 500’s gain of 9.6% in that time.

bpost will be looking to display strength as it nears its next earnings release.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.92 per share and revenue of $4.43 billion. These totals would mark changes of -37.84% and -12.77%, respectively, from last year.

It is also important to note the recent changes to analyst estimates for bpost. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company’s business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

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. bpost is holding a Zacks Rank of #3 (Hold) right now.

Valuation is also important, so investors should note that bpost has a Forward P/E ratio of 5.71 right now. This valuation marks a discount compared to its industry’s average Forward P/E of 11.32.

The Consumer Services – Miscellaneous industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 189, putting it in the bottom 25% 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.

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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Image and article originally from www.nasdaq.com. Read the original article here.