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) Advances While Market Declines: Some Information for Investors
Read MoreHide Full Article
In the latest close session, Vital Farms (VITL - Free Report) was up +2.41% at $13.15. The stock exceeded the S&P 500, which registered a loss of 0.45% for the day. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq decreased by 1.16%.
Heading into today, shares of the company had gained 27.63% over the past month, outpacing the Consumer Staples sector's gain of 3.14% and the S&P 500's gain of 2.14%.
Investors will be eagerly watching for the performance of Vital Farms in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of -$0.45, marking a 225% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $176.5 million, down 4.48% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of -$0.46 per share and a revenue of $783.1 million, demonstrating changes of -131.94% and +3.11%, respectively, from the preceding year.
It is also important to note the 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 suggests that these changes in estimates have a direct relationship with upcoming stock price performance. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.67% lower within the past month. Right now, Vital Farms possesses a Zacks Rank of #4 (Sell).
The Food - Miscellaneous industry is part of the Consumer Staples sector. Currently, this industry holds a Zacks Industry Rank of 203, positioning it in the bottom 18% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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 use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Vital Farms (VITL) Advances While Market Declines: Some Information for Investors
In the latest close session, Vital Farms (VITL - Free Report) was up +2.41% at $13.15. The stock exceeded the S&P 500, which registered a loss of 0.45% for the day. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq decreased by 1.16%.
Heading into today, shares of the company had gained 27.63% over the past month, outpacing the Consumer Staples sector's gain of 3.14% and the S&P 500's gain of 2.14%.
Investors will be eagerly watching for the performance of Vital Farms in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of -$0.45, marking a 225% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $176.5 million, down 4.48% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of -$0.46 per share and a revenue of $783.1 million, demonstrating changes of -131.94% and +3.11%, respectively, from the preceding year.
It is also important to note the 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 suggests that these changes in estimates have a direct relationship with upcoming stock price performance. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.67% lower within the past month. Right now, Vital Farms possesses a Zacks Rank of #4 (Sell).
The Food - Miscellaneous industry is part of the Consumer Staples sector. Currently, this industry holds a Zacks Industry Rank of 203, positioning it in the bottom 18% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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 use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.