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Audioeye, Inc. (AEYE) Dips More Than Broader Markets: What You Should Know
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In the latest trading session, Audioeye, Inc. (AEYE - Free Report) closed at $9.65, marking a -1.13% move from the previous day. This change lagged the S&P 500's daily loss of 0.27%. At the same time, the Dow lost 0.41%, and the tech-heavy Nasdaq gained 0.09%.
Coming into today, shares of the company had gained 8.57% in the past month. In that same time, the Computer and Technology sector gained 7.6%, while the S&P 500 gained 6.26%.
Wall Street will be looking for positivity from AEYE as it approaches its next earnings report date. In that report, analysts expect AEYE to post earnings of -$0.11 per share. This would mark year-over-year growth of 78%. Our most recent consensus estimate is calling for quarterly revenue of $1.65 million, up 87.5% from the year-ago period.
Any recent changes to analyst estimates for AEYE should also be noted by investors. 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.
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. The Zacks Consensus EPS estimate remained stagnant within the past month. AEYE is currently sporting a Zacks Rank of #1 (Strong Buy).
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 24, which puts it in the top 10% 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.
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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Audioeye, Inc. (AEYE) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Audioeye, Inc. (AEYE - Free Report) closed at $9.65, marking a -1.13% move from the previous day. This change lagged the S&P 500's daily loss of 0.27%. At the same time, the Dow lost 0.41%, and the tech-heavy Nasdaq gained 0.09%.
Coming into today, shares of the company had gained 8.57% in the past month. In that same time, the Computer and Technology sector gained 7.6%, while the S&P 500 gained 6.26%.
Wall Street will be looking for positivity from AEYE as it approaches its next earnings report date. In that report, analysts expect AEYE to post earnings of -$0.11 per share. This would mark year-over-year growth of 78%. Our most recent consensus estimate is calling for quarterly revenue of $1.65 million, up 87.5% from the year-ago period.
Any recent changes to analyst estimates for AEYE should also be noted by investors. 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.
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. The Zacks Consensus EPS estimate remained stagnant within the past month. AEYE is currently sporting a Zacks Rank of #1 (Strong Buy).
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 24, which puts it in the top 10% 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.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.