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Vital Farms (VITL) Stock Drops Despite Market Gains: Important Facts to Note
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Vital Farms (VITL - Free Report) closed at $12.50 in the latest trading session, marking a -4.8% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 1.05%. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 1.64%.
Heading into today, shares of the company had lost 4.86% over the past month, lagging the Consumer Staples sector's gain of 0.52% and the S&P 500's gain of 8.59%.
Analysts and investors alike will be keeping a close eye on the performance of Vital Farms in its upcoming earnings disclosure. In that report, analysts expect Vital Farms to post earnings of $0.2 per share. This would mark a year-over-year decline of 45.95%. Meanwhile, our latest consensus estimate is calling for revenue of $186.12 million, up 14.75% from the prior-year quarter.
VITL's full-year Zacks Consensus Estimates are calling for earnings of $0.96 per share and revenue of $885.07 million. These results would represent year-over-year changes of -33.33% and +16.54%, respectively.
Any recent changes to analyst estimates for Vital Farms should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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 has moved 21.99% lower within the past month. Vital Farms is holding a Zacks Rank of #5 (Strong Sell) right now.
From a valuation perspective, Vital Farms is currently exchanging hands at a Forward P/E ratio of 13.71. This expresses a discount compared to the average Forward P/E of 14.09 of its industry.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 176, which puts it in the bottom 28% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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.
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Vital Farms (VITL) Stock Drops Despite Market Gains: Important Facts to Note
Vital Farms (VITL - Free Report) closed at $12.50 in the latest trading session, marking a -4.8% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 1.05%. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 1.64%.
Heading into today, shares of the company had lost 4.86% over the past month, lagging the Consumer Staples sector's gain of 0.52% and the S&P 500's gain of 8.59%.
Analysts and investors alike will be keeping a close eye on the performance of Vital Farms in its upcoming earnings disclosure. In that report, analysts expect Vital Farms to post earnings of $0.2 per share. This would mark a year-over-year decline of 45.95%. Meanwhile, our latest consensus estimate is calling for revenue of $186.12 million, up 14.75% from the prior-year quarter.
VITL's full-year Zacks Consensus Estimates are calling for earnings of $0.96 per share and revenue of $885.07 million. These results would represent year-over-year changes of -33.33% and +16.54%, respectively.
Any recent changes to analyst estimates for Vital Farms should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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 has moved 21.99% lower within the past month. Vital Farms is holding a Zacks Rank of #5 (Strong Sell) right now.
From a valuation perspective, Vital Farms is currently exchanging hands at a Forward P/E ratio of 13.71. This expresses a discount compared to the average Forward P/E of 14.09 of its industry.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 176, which puts it in the bottom 28% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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.