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Vistra Corp. (VST) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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In the latest close session, Vistra Corp. (VST - Free Report) was down 1.74% at $137.97. This change lagged the S&P 500's daily loss of 0.76%. Meanwhile, the Dow experienced a drop of 0.68%, and the technology-dominated Nasdaq saw a decrease of 1.13%.
The company's stock has climbed by 0.99% in the past month, exceeding the Utilities sector's loss of 4.18% and lagging the S&P 500's gain of 1.26%.
Investors will be eagerly watching for the performance of Vistra Corp. in its upcoming earnings disclosure. The company's upcoming EPS is projected at $2.89, signifying a 65.14% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $7.76 billion, indicating a 56.19% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $9.04 per share and a revenue of $22.59 billion, signifying shifts of +71.86% and +27.35%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Vistra Corp. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.88% lower. At present, Vistra Corp. boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, Vistra Corp. is currently exchanging hands at a Forward P/E ratio of 15.53. This signifies a discount in comparison to the average Forward P/E of 16.62 for its industry.
The Utility - Electric Power industry is part of the Utilities sector. At present, this industry carries a Zacks Industry Rank of 104, placing it within the top 43% of over 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.
View the Zacks #1 Rank List
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Vistra Corp. (VST) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the latest close session, Vistra Corp. (VST - Free Report) was down 1.74% at $137.97. This change lagged the S&P 500's daily loss of 0.76%. Meanwhile, the Dow experienced a drop of 0.68%, and the technology-dominated Nasdaq saw a decrease of 1.13%.
The company's stock has climbed by 0.99% in the past month, exceeding the Utilities sector's loss of 4.18% and lagging the S&P 500's gain of 1.26%.
Investors will be eagerly watching for the performance of Vistra Corp. in its upcoming earnings disclosure. The company's upcoming EPS is projected at $2.89, signifying a 65.14% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $7.76 billion, indicating a 56.19% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $9.04 per share and a revenue of $22.59 billion, signifying shifts of +71.86% and +27.35%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Vistra Corp. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.88% lower. At present, Vistra Corp. boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, Vistra Corp. is currently exchanging hands at a Forward P/E ratio of 15.53. This signifies a discount in comparison to the average Forward P/E of 16.62 for its industry.
The Utility - Electric Power industry is part of the Utilities sector. At present, this industry carries a Zacks Industry Rank of 104, placing it within the top 43% of over 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.