Twitter closed at $32.95 in the latest trading session, marking a +1.79% move from the prior day. The stock outpaced the S&P 500's daily gain of 1.07%. At the same time, the Dow added 0.65%, and the tech-heavy Nasdaq gained 1.71%.
Prior to today's trading, shares of the short messaging service had lost 3.17% over the past month. This has lagged the Computer and Technology sector's loss of 2.02% and the S&P 500's loss of 0.58% in that time.
Wall Street will be looking for positivity from TWTR as it approaches its next earnings report date. This is expected to be February 7, 2019. In that report, analysts expect TWTR to post earnings of $0.25 per share. This would mark year-over-year growth of 31.58%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $871.79 million, up 19.17% from the year-ago period.
Any recent changes to analyst estimates for TWTR should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's 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 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. The Zacks Consensus EPS estimate has moved 2.88% higher within the past month. TWTR currently has a Zacks Rank of #1 (Strong Buy).
In terms of valuation, TWTR is currently trading at a Forward P/E ratio of 36.7. For comparison, its industry has an average Forward P/E of 46.69, which means TWTR is trading at a discount to the group.
Investors should also note that TWTR has a PEG ratio of 1.66 right now. 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 Internet - Software was holding an average PEG ratio of 2.47 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 36, which puts it in the top 15% of all 250+ industries.
The Zacks Industry Rank includes is listed in order 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.
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Twitter (TWTR) Outpaces Stock Market Gains: What You Should Know
Twitter closed at $32.95 in the latest trading session, marking a +1.79% move from the prior day. The stock outpaced the S&P 500's daily gain of 1.07%. At the same time, the Dow added 0.65%, and the tech-heavy Nasdaq gained 1.71%.
Prior to today's trading, shares of the short messaging service had lost 3.17% over the past month. This has lagged the Computer and Technology sector's loss of 2.02% and the S&P 500's loss of 0.58% in that time.
Wall Street will be looking for positivity from TWTR as it approaches its next earnings report date. This is expected to be February 7, 2019. In that report, analysts expect TWTR to post earnings of $0.25 per share. This would mark year-over-year growth of 31.58%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $871.79 million, up 19.17% from the year-ago period.
Any recent changes to analyst estimates for TWTR should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's 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 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. The Zacks Consensus EPS estimate has moved 2.88% higher within the past month. TWTR currently has a Zacks Rank of #1 (Strong Buy).
In terms of valuation, TWTR is currently trading at a Forward P/E ratio of 36.7. For comparison, its industry has an average Forward P/E of 46.69, which means TWTR is trading at a discount to the group.
Investors should also note that TWTR has a PEG ratio of 1.66 right now. 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 Internet - Software was holding an average PEG ratio of 2.47 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 36, which puts it in the top 15% of all 250+ industries.
The Zacks Industry Rank includes is listed in order 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.