We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Capital One (COF) Gains As Market Dips: What You Should Know
Read MoreHide Full Article
Capital One (COF - Free Report) closed at $131.76 in the latest trading session, marking a +1.89% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.27%. At the same time, the Dow added 0.4%, and the tech-heavy Nasdaq lost 0.18%.
Coming into today, shares of the credit card issuer and bank had lost 0.73% in the past month. In that same time, the Finance sector gained 5.08%, while the S&P 500 gained 7.36%.
Capital One will be looking to display strength as it nears its next earnings release, which is expected to be April 26, 2022. On that day, Capital One is projected to report earnings of $5.46 per share, which would represent a year-over-year decline of 22.33%. Our most recent consensus estimate is calling for quarterly revenue of $8.02 billion, up 12.73% from the year-ago period.
COF's full-year Zacks Consensus Estimates are calling for earnings of $20.15 per share and revenue of $33.2 billion. These results would represent year-over-year changes of -25.23% and +9.09%, respectively.
Investors should also note any recent changes to analyst estimates for Capital One. 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 company's 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.
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. Within the past 30 days, our consensus EPS projection has moved 0.45% lower. Capital One is currently sporting a Zacks Rank of #3 (Hold).
Looking at its valuation, Capital One is holding a Forward P/E ratio of 6.42. This represents a discount compared to its industry's average Forward P/E of 7.18.
It is also worth noting that COF currently has a PEG ratio of 0.39. 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. COF's industry had an average PEG ratio of 0.36 as of yesterday's close.
The Financial - Consumer Loans industry is part of the Finance sector. This group has a Zacks Industry Rank of 107, putting it in the top 43% 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.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Capital One (COF) Gains As Market Dips: What You Should Know
Capital One (COF - Free Report) closed at $131.76 in the latest trading session, marking a +1.89% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.27%. At the same time, the Dow added 0.4%, and the tech-heavy Nasdaq lost 0.18%.
Coming into today, shares of the credit card issuer and bank had lost 0.73% in the past month. In that same time, the Finance sector gained 5.08%, while the S&P 500 gained 7.36%.
Capital One will be looking to display strength as it nears its next earnings release, which is expected to be April 26, 2022. On that day, Capital One is projected to report earnings of $5.46 per share, which would represent a year-over-year decline of 22.33%. Our most recent consensus estimate is calling for quarterly revenue of $8.02 billion, up 12.73% from the year-ago period.
COF's full-year Zacks Consensus Estimates are calling for earnings of $20.15 per share and revenue of $33.2 billion. These results would represent year-over-year changes of -25.23% and +9.09%, respectively.
Investors should also note any recent changes to analyst estimates for Capital One. 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 company's 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.
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. Within the past 30 days, our consensus EPS projection has moved 0.45% lower. Capital One is currently sporting a Zacks Rank of #3 (Hold).
Looking at its valuation, Capital One is holding a Forward P/E ratio of 6.42. This represents a discount compared to its industry's average Forward P/E of 7.18.
It is also worth noting that COF currently has a PEG ratio of 0.39. 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. COF's industry had an average PEG ratio of 0.36 as of yesterday's close.
The Financial - Consumer Loans industry is part of the Finance sector. This group has a Zacks Industry Rank of 107, putting it in the top 43% 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.