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PLYMOUTH IND RE (PLYM) Stock Moves -0.23%: What You Should Know
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PLYMOUTH IND RE (PLYM - Free Report) closed the most recent trading day at $18.73, moving -0.23% from the previous trading session. This move was narrower than the S&P 500's daily loss of 0.75%. At the same time, the Dow lost 0.61%, and the tech-heavy Nasdaq lost 0.57%.
Coming into today, shares of the company had gained 10.41% in the past month. In that same time, the Finance sector gained 5.22%, while the S&P 500 gained 4%.
Investors will be hoping for strength from PLYM as it approaches its next earnings release, which is expected to be May 9, 2019. On that day, PLYM is projected to report earnings of $0.59 per share, which would represent year-over-year growth of 118.52%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $16.66 million, up 40.19% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.59 per share and revenue of $69.05 million. These totals would mark changes of +102.34% and +40.29%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for PLYM. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
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. Within the past 30 days, our consensus EPS projection remained stagnant. PLYM is currently a Zacks Rank #1 (Strong Buy).
Looking at its valuation, PLYM is holding a Forward P/E ratio of 7.26. For comparison, its industry has an average Forward P/E of 15.09, which means PLYM is trading at a discount to the group.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 165, which puts it in the bottom 36% of all 250+ industries.
The Zacks Industry Rank includes is listed in order 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.
To follow PLYM in the coming trading sessions, be sure to utilize Zacks.com.
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PLYMOUTH IND RE (PLYM) Stock Moves -0.23%: What You Should Know
PLYMOUTH IND RE (PLYM - Free Report) closed the most recent trading day at $18.73, moving -0.23% from the previous trading session. This move was narrower than the S&P 500's daily loss of 0.75%. At the same time, the Dow lost 0.61%, and the tech-heavy Nasdaq lost 0.57%.
Coming into today, shares of the company had gained 10.41% in the past month. In that same time, the Finance sector gained 5.22%, while the S&P 500 gained 4%.
Investors will be hoping for strength from PLYM as it approaches its next earnings release, which is expected to be May 9, 2019. On that day, PLYM is projected to report earnings of $0.59 per share, which would represent year-over-year growth of 118.52%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $16.66 million, up 40.19% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.59 per share and revenue of $69.05 million. These totals would mark changes of +102.34% and +40.29%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for PLYM. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
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. Within the past 30 days, our consensus EPS projection remained stagnant. PLYM is currently a Zacks Rank #1 (Strong Buy).
Looking at its valuation, PLYM is holding a Forward P/E ratio of 7.26. For comparison, its industry has an average Forward P/E of 15.09, which means PLYM is trading at a discount to the group.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 165, which puts it in the bottom 36% of all 250+ industries.
The Zacks Industry Rank includes is listed in order 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.
To follow PLYM in the coming trading sessions, be sure to utilize Zacks.com.