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Vital Farms (VITL) Stock Dips While Market Gains: Key Facts
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In the latest close session, Vital Farms (VITL - Free Report) was down 1.87% at $41.15. This move lagged the S&P 500's daily gain of 0.41%. Meanwhile, the Dow gained 0.18%, and the Nasdaq, a tech-heavy index, added 0.31%.
Shares of the company witnessed a loss of 17.92% over the previous month, trailing the performance of the Consumer Staples sector with its loss of 3.93%, and the S&P 500's gain of 3.15%.
The investment community will be paying close attention to the earnings performance of Vital Farms in its upcoming release. On that day, Vital Farms is projected to report earnings of $0.28 per share, which would represent year-over-year growth of 75%. Meanwhile, the latest consensus estimate predicts the revenue to be $189.46 million, indicating a 30.66% increase compared to the same quarter of the previous year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.35 per share and a revenue of $772.03 million, indicating changes of +14.41% and +27.33%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Vital Farms. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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. Right now, Vital Farms possesses a Zacks Rank of #3 (Hold).
From a valuation perspective, Vital Farms is currently exchanging hands at a Forward P/E ratio of 31.06. This valuation marks a premium compared to its industry average Forward P/E of 16.67.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 195, putting it in the bottom 22% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Vital Farms (VITL) Stock Dips While Market Gains: Key Facts
In the latest close session, Vital Farms (VITL - Free Report) was down 1.87% at $41.15. This move lagged the S&P 500's daily gain of 0.41%. Meanwhile, the Dow gained 0.18%, and the Nasdaq, a tech-heavy index, added 0.31%.
Shares of the company witnessed a loss of 17.92% over the previous month, trailing the performance of the Consumer Staples sector with its loss of 3.93%, and the S&P 500's gain of 3.15%.
The investment community will be paying close attention to the earnings performance of Vital Farms in its upcoming release. On that day, Vital Farms is projected to report earnings of $0.28 per share, which would represent year-over-year growth of 75%. Meanwhile, the latest consensus estimate predicts the revenue to be $189.46 million, indicating a 30.66% increase compared to the same quarter of the previous year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.35 per share and a revenue of $772.03 million, indicating changes of +14.41% and +27.33%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Vital Farms. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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. Right now, Vital Farms possesses a Zacks Rank of #3 (Hold).
From a valuation perspective, Vital Farms is currently exchanging hands at a Forward P/E ratio of 31.06. This valuation marks a premium compared to its industry average Forward P/E of 16.67.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 195, putting it in the bottom 22% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.