Twitter closed at $69.20 in the latest trading session, marking a +1.6% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.75%.
Coming into today, shares of the short messaging service had gained 19.47% in the past month. In that same time, the Computer and Technology sector gained 6.19%, while the S&P 500 gained 2.91%.
Wall Street will be looking for positivity from TWTR as it approaches its next earnings report date. The company is expected to report EPS of $0.07, up 105.04% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.06 billion, up 54.5% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $0.77 per share and revenue of $4.79 billion, which would represent changes of +188.51% and +28.87%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for TWTR. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about 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 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 has moved 1.76% lower within the past month. TWTR currently has a Zacks Rank of #4 (Sell).
Investors should also note TWTR's current valuation metrics, including its Forward P/E ratio of 88.25. This represents a premium compared to its industry's average Forward P/E of 61.35.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 200, putting it in the bottom 22% 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 Zacks.com.
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Twitter (TWTR) Outpaces Stock Market Gains: What You Should Know
Twitter closed at $69.20 in the latest trading session, marking a +1.6% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.75%.
Coming into today, shares of the short messaging service had gained 19.47% in the past month. In that same time, the Computer and Technology sector gained 6.19%, while the S&P 500 gained 2.91%.
Wall Street will be looking for positivity from TWTR as it approaches its next earnings report date. The company is expected to report EPS of $0.07, up 105.04% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.06 billion, up 54.5% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $0.77 per share and revenue of $4.79 billion, which would represent changes of +188.51% and +28.87%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for TWTR. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about 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 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 has moved 1.76% lower within the past month. TWTR currently has a Zacks Rank of #4 (Sell).
Investors should also note TWTR's current valuation metrics, including its Forward P/E ratio of 88.25. This represents a premium compared to its industry's average Forward P/E of 61.35.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 200, putting it in the bottom 22% 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 Zacks.com.