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Affirm Holdings (AFRM) Stock Moves -1.01%: What You Should Know
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Affirm Holdings (AFRM - Free Report) closed the most recent trading day at $46.28, moving -1.01% from the previous trading session. This change was narrower than the S&P 500's 1.57% loss on the day. At the same time, the Dow lost 1.56%, and the tech-heavy Nasdaq lost 0.09%.
Coming into today, shares of the operator of digital commerce platform had gained 11.84% in the past month. In that same time, the Business Services sector gained 4.53%, while the S&P 500 gained 5.37%.
Wall Street will be looking for positivity from Affirm Holdings as it approaches its next earnings report date. The company is expected to report EPS of -$0.55, up 23.61% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $331.64 million, up 43.77% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$2.78 per share and revenue of $1.32 billion, which would represent changes of -9.45% and +51.65%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Affirm Holdings. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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. Over the past month, the Zacks Consensus EPS estimate has moved 0.89% higher. Affirm Holdings is currently a Zacks Rank #4 (Sell).
The Business - Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 242, which puts it in the bottom 5% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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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Affirm Holdings (AFRM) Stock Moves -1.01%: What You Should Know
Affirm Holdings (AFRM - Free Report) closed the most recent trading day at $46.28, moving -1.01% from the previous trading session. This change was narrower than the S&P 500's 1.57% loss on the day. At the same time, the Dow lost 1.56%, and the tech-heavy Nasdaq lost 0.09%.
Coming into today, shares of the operator of digital commerce platform had gained 11.84% in the past month. In that same time, the Business Services sector gained 4.53%, while the S&P 500 gained 5.37%.
Wall Street will be looking for positivity from Affirm Holdings as it approaches its next earnings report date. The company is expected to report EPS of -$0.55, up 23.61% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $331.64 million, up 43.77% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$2.78 per share and revenue of $1.32 billion, which would represent changes of -9.45% and +51.65%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Affirm Holdings. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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. Over the past month, the Zacks Consensus EPS estimate has moved 0.89% higher. Affirm Holdings is currently a Zacks Rank #4 (Sell).
The Business - Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 242, which puts it in the bottom 5% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.