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9 hours ago
- Business
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Is Cintas (CTAS) Stock Outpacing Its Business Services Peers This Year?
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Cintas (CTAS) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Cintas is a member of the Business Services sector. This group includes 271 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Cintas is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for CTAS' full-year earnings has moved 1.9% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Based on the most recent data, CTAS has returned 20.7% so far this year. In comparison, Business Services companies have returned an average of 0.3%. This means that Cintas is outperforming the sector as a whole this year. Another stock in the Business Services sector, H20 (HTO), has outperformed the sector so far this year. The stock's year-to-date return is 7.3%. Over the past three months, H20's consensus EPS estimate for the current year has increased 0.9%. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Cintas belongs to the Business - Services industry, a group that includes 26 individual stocks and currently sits at #72 in the Zacks Industry Rank. Stocks in this group have gained about 16.3% so far this year, so CTAS is performing better this group in terms of year-to-date returns. On the other hand, H20 belongs to the Waste Removal Services industry. This 23-stock industry is currently ranked #176. The industry has moved +9.9% year to date. Cintas and H20 could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks. 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 Cintas Corporation (CTAS) : Free Stock Analysis Report Energias de Portugal (EDPFY) : Free Stock Analysis Report Banco De Chile (BCH) : Free Stock Analysis Report Atlas Copco AB (ATLKY) : Free Stock Analysis Report Legacy Education Inc. (LGCY) : Free Stock Analysis Report Fresnillo PLC (FNLPF) : Free Stock Analysis Report Embotelladora Andina S.A. (AKO.B) : Free Stock Analysis Report Benitec Biopharma Limited (BNTC) : Free Stock Analysis Report Michelin (MGDDY) : Free Stock Analysis Report Allegro MicroSystems, Inc. (ALGM) : Free Stock Analysis Report H2O America (HTO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
9 hours ago
- Business
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Why Edison International (EIX) is a Top Value Stock for the Long-Term
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum. Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks. Incorporated in 1987, California-based Edison International (EIX) is the parent holding company of Southern California Edison (SCE) and Edison Energy. EIX boasts a Value Style Score of A and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Edison International are trading at a forward earnings multiple of 8.3X , as well as a PEG Ratio of 1.2, a Price/Cash Flow ratio of 3.7X, and a Price/Sales ratio of 1.1X. A company's earnings performance is important for value investors as well. For fiscal 2025, three analysts revised their earnings estimate higher in the last 60 days for EIX, while the Zacks Consensus Estimate has increased $0.17 to $6.06 per share. EIX also holds an average earnings surprise of 8.8%. Investors should take the time to consider EIX for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores. 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 Edison International (EIX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
3 days ago
- Business
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Why the Market Dipped But APA (APA) Gained Today
In the latest trading session, APA (APA) closed at $20.78, marking a +1.37% move from the previous day. This change outpaced the S&P 500's 0.84% loss on the day. At the same time, the Dow lost 0.7%, and the tech-heavy Nasdaq lost 0.91%. The oil and natural gas producer's stock has climbed by 16.54% in the past month, exceeding the Oils-Energy sector's loss of 0% and the S&P 500's gain of 1.44%. Market participants will be closely following the financial results of APA in its upcoming release. The company is forecasted to report an EPS of $0.58, showcasing a 50.43% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $1.88 billion, down 32.49% from the year-ago period. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.01 per share and a revenue of $8.11 billion, indicating changes of -20.16% and -16.74%, respectively, from the former year. Any recent changes to analyst estimates for APA should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 6.66% higher within the past month. At present, APA boasts a Zacks Rank of #3 (Hold). In the context of valuation, APA is at present trading with a Forward P/E ratio of 6.81. This expresses a discount compared to the average Forward P/E of 11.33 of its industry. Also, we should mention that APA has a PEG ratio of 6.48. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Oil and Gas - Exploration and Production - United States industry had an average PEG ratio of 2.58. The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 169, placing it within the bottom 32% of over 250 industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow APA in the coming trading sessions, be sure to utilize 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 APA Corporation (APA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
3 days ago
- Business
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Honeywell International Inc. (HON) Dips More Than Broader Market: What You Should Know
Honeywell International Inc. (HON) closed at $221.79 in the latest trading session, marking a -1.03% move from the prior day. This change lagged the S&P 500's 0.84% loss on the day. Meanwhile, the Dow lost 0.7%, and the Nasdaq, a tech-heavy index, lost 0.91%. Prior to today's trading, shares of the company had gained 0.54% outpaced the Conglomerates sector's loss of 0% and lagged the S&P 500's gain of 1.44%. The investment community will be paying close attention to the earnings performance of Honeywell International Inc. in its upcoming release. The company is expected to report EPS of $2.63, up 5.62% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $10.01 billion, indicating a 4.48% growth compared to the corresponding quarter of the prior year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $10.37 per share and revenue of $40.2 billion. These totals would mark changes of +4.85% and +4.41%, respectively, from last year. It's also important for investors to be aware of any recent modifications to analyst estimates for Honeywell International Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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 past month, the Zacks Consensus EPS estimate has shifted 0.13% downward. Honeywell International Inc. is currently a Zacks Rank #3 (Hold). Digging into valuation, Honeywell International Inc. currently has a Forward P/E ratio of 21.6. This expresses a premium compared to the average Forward P/E of 16.08 of its industry. One should further note that HON currently holds a PEG ratio of 2.61. 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. As the market closed yesterday, the Diversified Operations industry was having an average PEG ratio of 1.99. The Diversified Operations industry is part of the Conglomerates sector. Currently, this industry holds a Zacks Industry Rank of 68, positioning it in the top 28% of all 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 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 Honeywell International Inc. (HON) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
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MGIC Investment Corporation (MTG) Hits Fresh High: Is There Still Room to Run?
Shares of MGIC Investment (MTG) have been strong performers lately, with the stock up 0.2% over the past month. The stock hit a new 52-week high of $27.34 in the previous session. The stock has an impressive record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on April 30, 2025, MGIC reported EPS of $0.75 versus consensus estimate of $0.66. For the current fiscal year, MGIC is expected to post earnings of $2.90 per share on $1.24 billion in revenues. This represents a -0.34% change in EPS on a 1.82% change in revenues. For the next fiscal year, the company is expected to earn $3.05 per share on $1.28 billion in revenues. This represents a year-over-year change of 5.06% and 2.93%, respectively. MGIC may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level. On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style. MGIC has a Value Score of C. The stock's Growth and Momentum Scores are C and C, respectively, giving the company a VGM Score of B. In terms of its value breakdown, the stock currently trades at 9.3X current fiscal year EPS estimates, which is not in-line with the peer industry average of 9.9X. On a trailing cash flow basis, the stock currently trades at 8.7X versus its peer group's average of 10.7X. Additionally, the stock has a PEG ratio of 2.48. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective. We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, MGIC currently has a Zacks Rank of #1 (Strong Buy) thanks to favorable earnings estimate revisions from covering analysts. Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if MGIC fits the bill. Thus, it seems as though MGIC shares could have potential in the weeks and months to come. Shares of MTG have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is EverQuote, Inc. (EVER). EVER has a Zacks Rank of # 1 (Strong Buy) and a Value Score of C, a Growth Score of A, and a Momentum Score of A. Earnings were strong last quarter. EverQuote, Inc. beat our consensus estimate by 18.75%, and for the current fiscal year, EVER is expected to post earnings of $1.17 per share on revenue of $644.08 million. Shares of EverQuote, Inc. have gained 0.3% over the past month, and currently trade at a forward P/E of 18.53X and a P/CF of 23.23X. The Insurance - Multi line industry is in the top 34% of all the industries we have in our universe, so it looks like there are some nice tailwinds for MTG and EVER, even beyond their own solid fundamental situation. 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 MGIC Investment Corporation (MTG) : Free Stock Analysis Report EverQuote, Inc. (EVER) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
