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Vital Farms (VITL) Stock Sinks As Market Gains: What You Should Know
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In the latest trading session, Vital Farms (VITL - Free Report) closed at $12.59, marking a -6.04% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.11%. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, added 0.18%.
Coming into today, shares of the company had lost 33.03% in the past month. In that same time, the Consumer Staples sector lost 11.58%, while the S&P 500 lost 4.28%.
Investors will be eagerly watching for the performance of Vital Farms in its upcoming earnings disclosure. On that day, Vital Farms is projected to report earnings of $0.22 per share, which would represent a year-over-year decline of 40.54%. Meanwhile, our latest consensus estimate is calling for revenue of $186.12 million, up 14.75% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.21 per share and a revenue of $901.21 million, signifying shifts of -15.97% and +18.67%, respectively, from the last 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. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.47% lower. At present, Vital Farms boasts a Zacks Rank of #5 (Strong Sell).
From a valuation perspective, Vital Farms is currently exchanging hands at a Forward P/E ratio of 11.07. This expresses a discount compared to the average Forward P/E of 13.41 of its industry.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 207, which puts it in the bottom 16% 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 Sinks As Market Gains: What You Should Know
In the latest trading session, Vital Farms (VITL - Free Report) closed at $12.59, marking a -6.04% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.11%. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, added 0.18%.
Coming into today, shares of the company had lost 33.03% in the past month. In that same time, the Consumer Staples sector lost 11.58%, while the S&P 500 lost 4.28%.
Investors will be eagerly watching for the performance of Vital Farms in its upcoming earnings disclosure. On that day, Vital Farms is projected to report earnings of $0.22 per share, which would represent a year-over-year decline of 40.54%. Meanwhile, our latest consensus estimate is calling for revenue of $186.12 million, up 14.75% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.21 per share and a revenue of $901.21 million, signifying shifts of -15.97% and +18.67%, respectively, from the last 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. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.47% lower. At present, Vital Farms boasts a Zacks Rank of #5 (Strong Sell).
From a valuation perspective, Vital Farms is currently exchanging hands at a Forward P/E ratio of 11.07. This expresses a discount compared to the average Forward P/E of 13.41 of its industry.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 207, which puts it in the bottom 16% 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.