We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
ESS Tech, Inc. (GWH) Dips More Than Broader Markets: What You Should Know
Read MoreHide Full Article
ESS Tech, Inc. (GWH - Free Report) closed at $4.09 in the latest trading session, marking a -1.68% move from the prior day. This change lagged the S&P 500's 1.51% loss on the day. Elsewhere, the Dow lost 1.71%, while the tech-heavy Nasdaq lost 0.02%.
Coming into today, shares of the company had lost 3.26% in the past month. In that same time, the Computer and Technology sector lost 11.76%, while the S&P 500 lost 9.52%.
ESS Tech, Inc. will be looking to display strength as it nears its next earnings release. In that report, analysts expect ESS Tech, Inc. to post earnings of -$0.18 per share. This would mark year-over-year growth of 86.47%.
Investors might also notice recent changes to analyst estimates for ESS Tech, Inc.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.
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 remained stagnant. ESS Tech, Inc. currently has a Zacks Rank of #3 (Hold).
The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 169, which puts it in the bottom 33% 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 GWH in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
ESS Tech, Inc. (GWH) Dips More Than Broader Markets: What You Should Know
ESS Tech, Inc. (GWH - Free Report) closed at $4.09 in the latest trading session, marking a -1.68% move from the prior day. This change lagged the S&P 500's 1.51% loss on the day. Elsewhere, the Dow lost 1.71%, while the tech-heavy Nasdaq lost 0.02%.
Coming into today, shares of the company had lost 3.26% in the past month. In that same time, the Computer and Technology sector lost 11.76%, while the S&P 500 lost 9.52%.
ESS Tech, Inc. will be looking to display strength as it nears its next earnings release. In that report, analysts expect ESS Tech, Inc. to post earnings of -$0.18 per share. This would mark year-over-year growth of 86.47%.
Investors might also notice recent changes to analyst estimates for ESS Tech, Inc.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.
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 remained stagnant. ESS Tech, Inc. currently has a Zacks Rank of #3 (Hold).
The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 169, which puts it in the bottom 33% 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 GWH in the coming trading sessions, be sure to utilize Zacks.com.