Amyris, Inc. closed the most recent trading day at $3.96, moving +0.25% from the previous trading session. This change lagged the S&P 500's 0.84% gain on the day. At the same time, the Dow added 1.06%, and the tech-heavy Nasdaq gained 0.1%.
Coming into today, shares of the company had lost 12.22% in the past month. In that same time, the Basic Materials sector lost 1.41%, while the S&P 500 lost 4.03%.
Wall Street will be looking for positivity from Amyris, Inc. as it approaches its next earnings report date. 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. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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.
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. Within the past 30 days, our consensus EPS projection remained stagnant. Amyris, Inc. is holding a Zacks Rank of #3 (Hold) right now.
The Chemical - Specialty industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 177, putting it in the bottom 31% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
To follow AMRS in the coming trading sessions, be sure to utilize Zacks.com.
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Amyris, Inc. (AMRS) Gains But Lags Market: What You Should Know
Amyris, Inc. closed the most recent trading day at $3.96, moving +0.25% from the previous trading session. This change lagged the S&P 500's 0.84% gain on the day. At the same time, the Dow added 1.06%, and the tech-heavy Nasdaq gained 0.1%.
Coming into today, shares of the company had lost 12.22% in the past month. In that same time, the Basic Materials sector lost 1.41%, while the S&P 500 lost 4.03%.
Wall Street will be looking for positivity from Amyris, Inc. as it approaches its next earnings report date. 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. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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.
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. Within the past 30 days, our consensus EPS projection remained stagnant. Amyris, Inc. is holding a Zacks Rank of #3 (Hold) right now.
The Chemical - Specialty industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 177, putting it in the bottom 31% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
To follow AMRS in the coming trading sessions, be sure to utilize Zacks.com.