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Stag Industrial (STAG) Dips More Than Broader Markets: What You Should Know
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Stag Industrial (STAG - Free Report) closed the most recent trading day at $41.35, moving -1.9% from the previous trading session. This move lagged the S&P 500's daily loss of 1.48%. At the same time, the Dow lost 1.05%, and the tech-heavy Nasdaq lost 0.09%.
Heading into today, shares of the industrial real estate investment trust had gained 4.41% over the past month, outpacing the Finance sector's loss of 1.29% and the S&P 500's gain of 0.08% in that time.
Stag Industrial will be looking to display strength as it nears its next earnings release, which is expected to be May 3, 2022. In that report, analysts expect Stag Industrial to post earnings of $0.52 per share. This would mark year-over-year growth of 6.12%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $156.6 million, up 16.86% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $2.16 per share and revenue of $657.29 million, which would represent changes of +4.85% and +16.92%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Stag Industrial. 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.
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. Over the past month, the Zacks Consensus EPS estimate has moved 0.08% lower. Stag Industrial currently has a Zacks Rank of #3 (Hold).
Digging into valuation, Stag Industrial currently has a Forward P/E ratio of 19.53. Its industry sports an average Forward P/E of 15.56, so we one might conclude that Stag Industrial is trading at a premium comparatively.
It is also worth noting that STAG currently has a PEG ratio of 3.76. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The REIT and Equity Trust - Other was holding an average PEG ratio of 2.94 at yesterday's closing price.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 91, which puts it in the top 36% 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.
To follow STAG in the coming trading sessions, be sure to utilize Zacks.com.
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Stag Industrial (STAG) Dips More Than Broader Markets: What You Should Know
Stag Industrial (STAG - Free Report) closed the most recent trading day at $41.35, moving -1.9% from the previous trading session. This move lagged the S&P 500's daily loss of 1.48%. At the same time, the Dow lost 1.05%, and the tech-heavy Nasdaq lost 0.09%.
Heading into today, shares of the industrial real estate investment trust had gained 4.41% over the past month, outpacing the Finance sector's loss of 1.29% and the S&P 500's gain of 0.08% in that time.
Stag Industrial will be looking to display strength as it nears its next earnings release, which is expected to be May 3, 2022. In that report, analysts expect Stag Industrial to post earnings of $0.52 per share. This would mark year-over-year growth of 6.12%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $156.6 million, up 16.86% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $2.16 per share and revenue of $657.29 million, which would represent changes of +4.85% and +16.92%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Stag Industrial. 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.
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. Over the past month, the Zacks Consensus EPS estimate has moved 0.08% lower. Stag Industrial currently has a Zacks Rank of #3 (Hold).
Digging into valuation, Stag Industrial currently has a Forward P/E ratio of 19.53. Its industry sports an average Forward P/E of 15.56, so we one might conclude that Stag Industrial is trading at a premium comparatively.
It is also worth noting that STAG currently has a PEG ratio of 3.76. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The REIT and Equity Trust - Other was holding an average PEG ratio of 2.94 at yesterday's closing price.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 91, which puts it in the top 36% 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.
To follow STAG in the coming trading sessions, be sure to utilize Zacks.com.