Shaw Communications (SJR - Free Report) closed at $19.90 in the latest trading session, marking a -1.49% move from the prior day. This change lagged the S&P 500's 0.58% gain on the day. Meanwhile, the Dow gained 0.45%, and the Nasdaq, a tech-heavy index, added 1.13%.
Heading into today, shares of the communications and media company had lost 2.13% over the past month, lagging the Consumer Discretionary sector's loss of 1.88% and outpacing the S&P 500's loss of 2.34% in that time.
SJR will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.26, down 18.75% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.03 billion, up 1.36% from the year-ago period.
SJR's full-year Zacks Consensus Estimates are calling for earnings of $1 per share and revenue of $4.07 billion. These results would represent year-over-year changes of -15.25% and -1%, respectively.
Any recent changes to analyst estimates for SJR should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's 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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. SJR is currently sporting a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that SJR has a Forward P/E ratio of 20.28 right now. This valuation marks a discount compared to its industry's average Forward P/E of 27.57.
It is also worth noting that SJR currently has a PEG ratio of 4.06. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Cable Television industry currently had an average PEG ratio of 2.09 as of yesterday's close.
The Cable Television industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 111, which puts it in the top 44% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
You can find more information on all of these metrics, and much more, on Zacks.com.