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Yara International ASA (YARIY) Stock Moves -1.61%: What You Should Know
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Yara International ASA (YARIY - Free Report) closed at $26.58 in the latest trading session, marking a -1.61% move from the prior day. This move was narrower than the S&P 500's daily loss of 2.44%. Elsewhere, the Dow lost 1.45%, while the tech-heavy Nasdaq lost 0.41%.
Coming into today, shares of the company had gained 0.95% in the past month. In that same time, the Basic Materials sector lost 2.15%, while the S&P 500 lost 3.72%.
Wall Street will be looking for positivity from Yara International ASA as it approaches its next earnings report date. On that day, Yara International ASA is projected to report earnings of $0.52 per share, which would represent year-over-year growth of 36.84%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.38 billion, up 84% from the year-ago period.
Any recent changes to analyst estimates for Yara International ASA 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.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 1.3% higher. Yara International ASA is holding a Zacks Rank of #1 (Strong Buy) right now.
Valuation is also important, so investors should note that Yara International ASA has a Forward P/E ratio of 7.7 right now. For comparison, its industry has an average Forward P/E of 7.91, which means Yara International ASA is trading at a discount to the group.
The Fertilizers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 10, putting it in the top 4% 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Yara International ASA (YARIY) Stock Moves -1.61%: What You Should Know
Yara International ASA (YARIY - Free Report) closed at $26.58 in the latest trading session, marking a -1.61% move from the prior day. This move was narrower than the S&P 500's daily loss of 2.44%. Elsewhere, the Dow lost 1.45%, while the tech-heavy Nasdaq lost 0.41%.
Coming into today, shares of the company had gained 0.95% in the past month. In that same time, the Basic Materials sector lost 2.15%, while the S&P 500 lost 3.72%.
Wall Street will be looking for positivity from Yara International ASA as it approaches its next earnings report date. On that day, Yara International ASA is projected to report earnings of $0.52 per share, which would represent year-over-year growth of 36.84%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.38 billion, up 84% from the year-ago period.
Any recent changes to analyst estimates for Yara International ASA 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.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 1.3% higher. Yara International ASA is holding a Zacks Rank of #1 (Strong Buy) right now.
Valuation is also important, so investors should note that Yara International ASA has a Forward P/E ratio of 7.7 right now. For comparison, its industry has an average Forward P/E of 7.91, which means Yara International ASA is trading at a discount to the group.
The Fertilizers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 10, putting it in the top 4% 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.