In the latest trading session, bpost (BPOSY) closed at $5.59, marking a -1.93% move from the previous day. This move lagged the S&P 500's daily loss of 0.31%. Elsewhere, the Dow lost 0.02%, while the tech-heavy Nasdaq lost 0.17%.
Prior to today's trading, shares of the company had gained 10.69% over the past month. This has lagged the Consumer Discretionary sector's gain of 12.94% and outpaced the S&P 500's gain of 10.62% in that time.
Wall Street will be looking for positivity from bpost as it approaches its next earnings report date.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.92 per share and revenue of $4.43 billion. These totals would mark changes of -37.84% and -12.77%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for bpost. 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.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable 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. The Zacks Consensus EPS estimate remained stagnant within the past month. bpost currently has a Zacks Rank of #3 (Hold).
Investors should also note bpost's current valuation metrics, including its Forward P/E ratio of 6.2. This represents a discount compared to its industry's average Forward P/E of 9.28.
The Consumer Services - Miscellaneous industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 161, putting it in the bottom 37% 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.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
bpost (BPOSY) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research