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Fluent (FLNT) Outpaces Stock Market Gains: What You Should Know
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In the latest trading session, Fluent (FLNT - Free Report) closed at $0.68, marking a +1.76% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.68%, while the tech-heavy Nasdaq lost 0.61%.
Coming into today, shares of the data and analytics company had gained 11.93% in the past month. In that same time, the Business Services sector gained 5.87%, while the S&P 500 gained 6.1%.
Fluent will be looking to display strength as it nears its next earnings release. On that day, Fluent is projected to report earnings of $0.01 per share, which would represent year-over-year growth of 150%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $87.72 million, down 10.82% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0 per share and revenue of $354.26 million. These totals would mark changes of -100% and -1.9%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Fluent. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 107.69% lower within the past month. Fluent is currently a Zacks Rank #5 (Strong Sell).
The Advertising and Marketing industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 177, which puts it in the bottom 30% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Fluent (FLNT) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Fluent (FLNT - Free Report) closed at $0.68, marking a +1.76% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.68%, while the tech-heavy Nasdaq lost 0.61%.
Coming into today, shares of the data and analytics company had gained 11.93% in the past month. In that same time, the Business Services sector gained 5.87%, while the S&P 500 gained 6.1%.
Fluent will be looking to display strength as it nears its next earnings release. On that day, Fluent is projected to report earnings of $0.01 per share, which would represent year-over-year growth of 150%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $87.72 million, down 10.82% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0 per share and revenue of $354.26 million. These totals would mark changes of -100% and -1.9%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Fluent. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 107.69% lower within the past month. Fluent is currently a Zacks Rank #5 (Strong Sell).
The Advertising and Marketing industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 177, which puts it in the bottom 30% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.