Shares of OchZiff Capital Management Group have been strong performers lately, with the stock up 23.6% over the past month. The stock hit a new 52-week high of $28.76 in the previous session. OchZiff Capital Management Group has gained 88.8% since the start of the year compared to the 22.5% move for the Zacks Finance sector and the 34.3% return for the Zacks Financial - Investment Management industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 4, 2021, OchZiff Capital Management Group LLC reported EPS of $1.12 versus consensus estimate of $0.39.
For the current fiscal year, OchZiff Capital Management Group LLC is expected to post earnings of $5.01 per share on $780.97 million in revenues. This represents a -30.61% change in EPS on a -10.87% change in revenues. For the next fiscal year, the company is expected to earn $4.45 per share on $752.94 million in revenues. This represents a year-over-year change of -11.18% and -3.59%, respectively.
Valuation Metrics
OchZiff Capital Management Group LLC may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
OchZiff Capital Management Group LLC has a Value Score of A. The stock's Growth and Momentum Scores are B and B, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 5.7X current fiscal year EPS estimates. On a trailing cash flow basis, the stock currently trades at 3.2X versus its peer group's average of 12.9X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, OchZiff Capital Management Group LLC currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if OchZiff Capital Management Group LLC passes the test. Thus, it seems as though OchZiff Capital Management Group LLC shares could have a bit more room to run in the near term.
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OchZiff Capital Management Group LLC (SCU) Soars to 52-Week High, Time to Cash Out?
Shares of OchZiff Capital Management Group have been strong performers lately, with the stock up 23.6% over the past month. The stock hit a new 52-week high of $28.76 in the previous session. OchZiff Capital Management Group has gained 88.8% since the start of the year compared to the 22.5% move for the Zacks Finance sector and the 34.3% return for the Zacks Financial - Investment Management industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 4, 2021, OchZiff Capital Management Group LLC reported EPS of $1.12 versus consensus estimate of $0.39.
For the current fiscal year, OchZiff Capital Management Group LLC is expected to post earnings of $5.01 per share on $780.97 million in revenues. This represents a -30.61% change in EPS on a -10.87% change in revenues. For the next fiscal year, the company is expected to earn $4.45 per share on $752.94 million in revenues. This represents a year-over-year change of -11.18% and -3.59%, respectively.
Valuation Metrics
OchZiff Capital Management Group LLC may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
OchZiff Capital Management Group LLC has a Value Score of A. The stock's Growth and Momentum Scores are B and B, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 5.7X current fiscal year EPS estimates. On a trailing cash flow basis, the stock currently trades at 3.2X versus its peer group's average of 12.9X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, OchZiff Capital Management Group LLC currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if OchZiff Capital Management Group LLC passes the test. Thus, it seems as though OchZiff Capital Management Group LLC shares could have a bit more room to run in the near term.