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Bayerische Motoren Werke AG (BAMXF) Stock Drops Despite Market Gains: Important Facts to Note
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In the latest trading session, Bayerische Motoren Werke AG (BAMXF - Free Report) closed at $101.60, marking a -0.68% move from the previous day. This move lagged the S&P 500's daily gain of 0.22%. Elsewhere, the Dow gained 0.36%, while the tech-heavy Nasdaq added 0.32%.
Shares of the company witnessed a loss of 8.33% over the previous month, trailing the performance of the Auto-Tires-Trucks sector with its loss of 7.68% and the S&P 500's gain of 1.61%.
The upcoming earnings release of Bayerische Motoren Werke AG will be of great interest to investors.
Investors might also notice recent changes to analyst estimates for Bayerische Motoren Werke AG. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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. Within the past 30 days, our consensus EPS projection remained stagnant. Bayerische Motoren Werke AG is holding a Zacks Rank of #3 (Hold) right now.
In terms of valuation, Bayerische Motoren Werke AG is currently trading at a Forward P/E ratio of 5.37. This denotes a discount relative to the industry's average Forward P/E of 7.04.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 86, putting it in the top 35% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Bayerische Motoren Werke AG (BAMXF) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, Bayerische Motoren Werke AG (BAMXF - Free Report) closed at $101.60, marking a -0.68% move from the previous day. This move lagged the S&P 500's daily gain of 0.22%. Elsewhere, the Dow gained 0.36%, while the tech-heavy Nasdaq added 0.32%.
Shares of the company witnessed a loss of 8.33% over the previous month, trailing the performance of the Auto-Tires-Trucks sector with its loss of 7.68% and the S&P 500's gain of 1.61%.
The upcoming earnings release of Bayerische Motoren Werke AG will be of great interest to investors.
Investors might also notice recent changes to analyst estimates for Bayerische Motoren Werke AG. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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. Within the past 30 days, our consensus EPS projection remained stagnant. Bayerische Motoren Werke AG is holding a Zacks Rank of #3 (Hold) right now.
In terms of valuation, Bayerische Motoren Werke AG is currently trading at a Forward P/E ratio of 5.37. This denotes a discount relative to the industry's average Forward P/E of 7.04.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 86, putting it in the top 35% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.