Amyris, Inc. closed at $4.65 in the latest trading session, marking a +1.97% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.69%. Meanwhile, the Dow gained 0.78%, and the Nasdaq, a tech-heavy index, added 0.28%.
Coming into today, shares of the company had lost 22.18% in the past month. In that same time, the Basic Materials sector lost 4.94%, while the S&P 500 lost 5.29%.
Amyris, Inc. will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of -$0.20, up 54.55% from the prior-year quarter.
It is also important to note the recent changes to analyst estimates for Amyris, Inc.These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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.
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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Amyris, Inc. is currently sporting a Zacks Rank of #3 (Hold).
The Chemical - Specialty industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 152, putting it in the bottom 41% 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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Amyris, Inc. (AMRS) Outpaces Stock Market Gains: What You Should Know
Amyris, Inc. closed at $4.65 in the latest trading session, marking a +1.97% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.69%. Meanwhile, the Dow gained 0.78%, and the Nasdaq, a tech-heavy index, added 0.28%.
Coming into today, shares of the company had lost 22.18% in the past month. In that same time, the Basic Materials sector lost 4.94%, while the S&P 500 lost 5.29%.
Amyris, Inc. will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of -$0.20, up 54.55% from the prior-year quarter.
It is also important to note the recent changes to analyst estimates for Amyris, Inc.These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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.
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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Amyris, Inc. is currently sporting a Zacks Rank of #3 (Hold).
The Chemical - Specialty industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 152, putting it in the bottom 41% 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.