We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Vital Farms (VITL) Outpaces Stock Market Gains: What You Should Know
Read MoreHide Full Article
Vital Farms (VITL - Free Report) closed at $30.03 in the latest trading session, marking a +1.11% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.62%. Meanwhile, the Dow experienced a rise of 0.99%, and the technology-dominated Nasdaq saw an increase of 0.65%.
The stock of company has fallen by 6.4% in the past month, lagging the Consumer Staples sector's loss of 1.6% and the S&P 500's gain of 0.59%.
The investment community will be paying close attention to the earnings performance of Vital Farms in its upcoming release. The company is forecasted to report an EPS of $0.38, showcasing a 65.22% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $213.26 million, up 28.48% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.44 per share and a revenue of $759.16 million, signifying shifts of +22.03% and 0%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for Vital Farms. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent 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.
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 last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.71% decrease. Currently, Vital Farms is carrying a Zacks Rank of #3 (Hold).
Investors should also note Vital Farms's current valuation metrics, including its Forward P/E ratio of 17.78. This signifies a premium in comparison to the average Forward P/E of 12.88 for its industry.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 187, which puts it in the bottom 24% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Vital Farms (VITL) Outpaces Stock Market Gains: What You Should Know
Vital Farms (VITL - Free Report) closed at $30.03 in the latest trading session, marking a +1.11% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.62%. Meanwhile, the Dow experienced a rise of 0.99%, and the technology-dominated Nasdaq saw an increase of 0.65%.
The stock of company has fallen by 6.4% in the past month, lagging the Consumer Staples sector's loss of 1.6% and the S&P 500's gain of 0.59%.
The investment community will be paying close attention to the earnings performance of Vital Farms in its upcoming release. The company is forecasted to report an EPS of $0.38, showcasing a 65.22% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $213.26 million, up 28.48% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.44 per share and a revenue of $759.16 million, signifying shifts of +22.03% and 0%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for Vital Farms. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent 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.
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 last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.71% decrease. Currently, Vital Farms is carrying a Zacks Rank of #3 (Hold).
Investors should also note Vital Farms's current valuation metrics, including its Forward P/E ratio of 17.78. This signifies a premium in comparison to the average Forward P/E of 12.88 for its industry.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 187, which puts it in the bottom 24% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.