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.
QuantumScape Corporation (QS) Stock Slides as Market Rises: Facts to Know Before You Trade
Read MoreHide Full Article
The latest trading session saw QuantumScape Corporation (QS - Free Report) ending at $6.37, denoting a -0.93% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.43% for the day. Meanwhile, the Dow gained 0.19%, and the Nasdaq, a tech-heavy index, added 0.71%.
Shares of the company have depreciated by 9.05% over the course of the past month, underperforming the Auto-Tires-Trucks sector's gain of 4.16% and the S&P 500's loss of 2.1%.
Analysts and investors alike will be keeping a close eye on the performance of QuantumScape Corporation in its upcoming earnings disclosure. The company's upcoming EPS is projected at -$0.25, signifying a 7.41% increase compared to the same quarter of the previous year.
Investors should also note any recent changes to analyst estimates for QuantumScape Corporation. 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.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. As of now, QuantumScape Corporation holds a Zacks Rank of #3 (Hold).
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 155, placing it within the bottom 39% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
QuantumScape Corporation (QS) Stock Slides as Market Rises: Facts to Know Before You Trade
The latest trading session saw QuantumScape Corporation (QS - Free Report) ending at $6.37, denoting a -0.93% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.43% for the day. Meanwhile, the Dow gained 0.19%, and the Nasdaq, a tech-heavy index, added 0.71%.
Shares of the company have depreciated by 9.05% over the course of the past month, underperforming the Auto-Tires-Trucks sector's gain of 4.16% and the S&P 500's loss of 2.1%.
Analysts and investors alike will be keeping a close eye on the performance of QuantumScape Corporation in its upcoming earnings disclosure. The company's upcoming EPS is projected at -$0.25, signifying a 7.41% increase compared to the same quarter of the previous year.
Investors should also note any recent changes to analyst estimates for QuantumScape Corporation. 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.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. As of now, QuantumScape Corporation holds a Zacks Rank of #3 (Hold).
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 155, placing it within the bottom 39% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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.