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.
In the latest trading session, NIO Inc. (NIO - Free Report) closed at $4.84, marking a +1.68% move from the previous day. This move outpaced the S&P 500's daily gain of 1.66%. Elsewhere, the Dow saw an upswing of 1.19%, while the tech-heavy Nasdaq appreciated by 2.78%.
Prior to today's trading, shares of the company had lost 4.23% was narrower than the Auto-Tires-Trucks sector's loss of 14.5% and lagged the S&P 500's loss of 1.49%.
The investment community will be closely monitoring the performance of NIO Inc. in its forthcoming earnings report. In that report, analysts expect NIO Inc. to post earnings of -$0.07 per share. This would mark year-over-year growth of 78.13%. Meanwhile, the latest consensus estimate predicts the revenue to be $4.87 billion, indicating a 83.44% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.1 per share and revenue of $19.36 billion. These totals would mark changes of +89.8% and +57%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for NIO Inc. 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 demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 20.51% upward. As of now, NIO Inc. holds a Zacks Rank of #2 (Buy).
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 208, putting 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
NIO Inc. (NIO) Laps the Stock Market: Here's Why
In the latest trading session, NIO Inc. (NIO - Free Report) closed at $4.84, marking a +1.68% move from the previous day. This move outpaced the S&P 500's daily gain of 1.66%. Elsewhere, the Dow saw an upswing of 1.19%, while the tech-heavy Nasdaq appreciated by 2.78%.
Prior to today's trading, shares of the company had lost 4.23% was narrower than the Auto-Tires-Trucks sector's loss of 14.5% and lagged the S&P 500's loss of 1.49%.
The investment community will be closely monitoring the performance of NIO Inc. in its forthcoming earnings report. In that report, analysts expect NIO Inc. to post earnings of -$0.07 per share. This would mark year-over-year growth of 78.13%. Meanwhile, the latest consensus estimate predicts the revenue to be $4.87 billion, indicating a 83.44% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.1 per share and revenue of $19.36 billion. These totals would mark changes of +89.8% and +57%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for NIO Inc. 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 demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 20.51% upward. As of now, NIO Inc. holds a Zacks Rank of #2 (Buy).
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 208, putting 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.