Twitter (TWTR - Free Report) closed the most recent trading day at $36.11, moving -0.92% from the previous trading session. This change lagged the S&P 500's daily gain of 2.14%. Elsewhere, the Dow gained 2.06%, while the tech-heavy Nasdaq added 2.65%.
Coming into today, shares of the short messaging service had lost 14.42% in the past month. In that same time, the Computer and Technology sector lost 10.97%, while the S&P 500 lost 6.63%.
Investors will be hoping for strength from TWTR as it approaches its next earnings release. The company is expected to report EPS of $0.18, up 5.88% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $828.49 million, up 16.6% from the prior-year quarter.
TWTR's full-year Zacks Consensus Estimates are calling for earnings of $1.03 per share and revenue of $3.53 billion. These results would represent year-over-year changes of +19.77% and +15.97%, respectively.
Investors might also notice recent changes to analyst estimates for TWTR. These revisions typically reflect the latest short-term business trends, which can change frequently. 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. 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 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. The Zacks Consensus EPS estimate remained stagnant within the past month. TWTR is currently a Zacks Rank #2 (Buy).
Digging into valuation, TWTR currently has a Forward P/E ratio of 33.49. This valuation marks a discount compared to its industry's average Forward P/E of 54.3.
Meanwhile, TWTR's PEG ratio is currently 1.43. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Software was holding an average PEG ratio of 2.63 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 75, which puts it in the top 30% 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.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.