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.
ZAGG, F5 Networks and Snap highlighted as Zacks Bull and Bear of the Day
Read MoreHide Full Article
For Immediate Release
Chicago, IL – August 10, 2017 – Zacks Equity Research highlights ZAGG Inc. (NASDAQ:ZAGG – Free Report) as the Bull of the Day F5 Networks (NASDAQ:FFIV – Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Snap Inc. (NYSE:SNAP – Free Report).
ZAGG Inc.(NASDAQ: – Free Report) is a Zacks Rank #1 (Strong Buy) and carries a growth style score of “A” which automatically puts it on my radar screen. Following the recent beat the stock rallied over $10 and now that it is the Bull of the Day, it is on your radar screen!
Previously Held
I run Stocks Under $10 for Zacks and I used to have a position in this stock. It was about two years ago that I added the stock at $7.92 on July 28, 2015. The position was sold on 12/29/15 for $11.40 -- the subscribers that followed that trade took home just short of 44%.
Description
ZAGG Inc, makes mobile tech accessories for smartphones and tablets. The company operates through ZAGG and mophie segments. It offers screen protection products; battery cases and power management products for tablets, smartphones, MP3 players, cameras, and other electronic mobile devices; device specific keyboards and device agnostic keyboards; earbuds, headphones, Bluetooth speakers, and cables under the ZAGG, InvisibleShield, IFROGZ, and mophie brands. ZAGG Inc is headquartered in Midvale, Utah.
Recent Earnings
The company reported a solid quarter at the start of the month. The company beat the top and bottom line expectations and the stock moved higher by 4.7% as a result. Revenues were $115M, $5M ahead of the expectation while EPS of $0.12 were $0.02 better than expected.
Estimates Move Higher
Back in February of this year, the Zacks Consensus Estimate was $0.53. A few beats later the number has shot higher to $0.82. That is the 2017 number and most investors are looking ahead to the 2018 number.
The 2018 number started out at $1.00 in May, that kicked higher to $1.10 in July. In early August following the most recent beat, the number has moved higher to $1.13.
This is the primary reason the stock is a Zacks Rank #1 (Strong Buy).
Bear:
The Bear of the Day is an article that shows why a Zacks Rank #5 (Strong Sell) has become just that, a Zacks Rank #5 (Strong Sell). The Zacks Rank looks at earnings estimate revisions and the stocks that see negative revisions slide lower on the scale.
F5 Networks (NASDAQ:(FFIV - Free Report) – Free Report) has missed the Zacks Consensus Estimate in each of the last three reports. The two most recent reports have also seen the company report revenues that were below expectations.
Description
F5 Networks Inc. is a leading provider of integrated Internet traffic and content management solutions designed to improve the availability and performance of mission-critical Internet-based servers and applications. The company's products monitor and manage local and geographically dispersed servers and intelligently direct traffic to the server best able to handle a user's request. The products are designed to help prevent system failure and provide timely responses to user requests and data flow.
Earnings Estimates
The biggest factor that influences the Zacks Rank is the movement of earnings estimates. When estimate revisions are positive, the stock tends to have a higher Zacks Rank. That is not the case for FFIV.
The Zacks Consensus Estimate for FFIV was $6.47 in March of this year, but it slid to $6.35 in April and is now down to $6.28.
The 2018 estimate has also fallen. The Zacks Consensus Estimate for 2018 was $7.41 in March and has dipped down to $6.87. That is a big move lower.
Additional content:
3 Reasons to Be Cautious About SNAP’s Upcoming Earnings Report
Snap Inc. (NYSE:SNAP – Free Report) provides technology and social media services. The company’s principal product, Snapchat, is a camera application that helps people to communicate through short videos and images. Furthermore, the struggling company will be releasing its quarterly earnings report after the market closes on August 10.
Snap Inc. currently sports a Zacks Rank #4 (Sell) and defeated its earnings estimates last quarter by meager 0.86%. Additionally, the company operates in the Internet-Software industry, which sits in the bottom 42% on the Zacks Industry Rank.
Regardless of Snap’s Earnings ESP of 3.45%, the company holds an inadequate Zacks Rank and is expected to release lackluster earnings of -$0.29 per share, which provides a murky financial outlook for the firm.
If that’s not enough, here are 3 additional reasons to be cautious on Snap as we near its earnings report date:
1. Signs Of An Overvalued Investment
Snap currently holds an “F” grade for Value in our Style Score system, which means that we view the company as overvalued. For example, Snap features an Earnings Yield of -20.24% and price/sales ratio of 9.06, both of which fall short of the industry averages of -2.12% and 3.62, respectively. Furthermore, Snap Inc. holds an underwhelming P/E ratio of -4.80 and lackluster PEG ratio of -0.09. These metrics show that Snap Inc. might not be the smartest security to buy for an investor seeking impressive value on the market.
2. Negative Earnings Estimate Revisions
Earnings estimate revisions are the main ingredient for determining a company’s Zacks Rank. Snap possesses a murky future pertaining to earnings. For example, as of 30 days ago, Snap Inc.’s current quarter earnings estimates were revised to -$0.29 per share, which signifies a downward trend of -7.41%. Also within the past 30 days, Snap’s full-year EPS estimates fell from -$2.66 to -$2.71 per share, which constitutes a decrease of -1.88%. Overall, nine analysts covered Snap Inc. for this quarter’s earnings release, and two negative revisions have been made.
3. Poor Share Price Performance
Snap’s stock has been retreating since its initial public offering back in early March, without showing many signs of hope. Currently, the stock is trading at around $13.51, which is not too far off its all-time low of $11.91. Snap’s all-time high of $29.44 was reached right after its IPO, a period in which a stock’s price tends to rise considerably.
In essence, Snap’s share price has fallen by 54.11% since this high was recorded, including a drop of a whopping 15.84% within the past four weeks. Those who have held on the stock since its initial public offering could continue to pay the price this earnings season.
More Stock News: Tech Opportunity Worth $386 Billion in 2017
From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future.
Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>>
About the Bull and Bear of the Day
Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
ZAGG, F5 Networks and Snap highlighted as Zacks Bull and Bear of the Day
For Immediate Release
Chicago, IL – August 10, 2017 – Zacks Equity Research highlights ZAGG Inc. (NASDAQ:ZAGG – Free Report) as the Bull of the Day F5 Networks (NASDAQ:FFIV – Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Snap Inc. (NYSE:SNAP – Free Report).
Here is a synopsis of all five stocks:
Bull of the Day:
ZAGG Inc.(NASDAQ: – Free Report) is a Zacks Rank #1 (Strong Buy) and carries a growth style score of “A” which automatically puts it on my radar screen. Following the recent beat the stock rallied over $10 and now that it is the Bull of the Day, it is on your radar screen!
Previously Held
I run Stocks Under $10 for Zacks and I used to have a position in this stock. It was about two years ago that I added the stock at $7.92 on July 28, 2015. The position was sold on 12/29/15 for $11.40 -- the subscribers that followed that trade took home just short of 44%.
Description
ZAGG Inc, makes mobile tech accessories for smartphones and tablets. The company operates through ZAGG and mophie segments. It offers screen protection products; battery cases and power management products for tablets, smartphones, MP3 players, cameras, and other electronic mobile devices; device specific keyboards and device agnostic keyboards; earbuds, headphones, Bluetooth speakers, and cables under the ZAGG, InvisibleShield, IFROGZ, and mophie brands. ZAGG Inc is headquartered in Midvale, Utah.
Recent Earnings
The company reported a solid quarter at the start of the month. The company beat the top and bottom line expectations and the stock moved higher by 4.7% as a result. Revenues were $115M, $5M ahead of the expectation while EPS of $0.12 were $0.02 better than expected.
Estimates Move Higher
Back in February of this year, the Zacks Consensus Estimate was $0.53. A few beats later the number has shot higher to $0.82. That is the 2017 number and most investors are looking ahead to the 2018 number.
The 2018 number started out at $1.00 in May, that kicked higher to $1.10 in July. In early August following the most recent beat, the number has moved higher to $1.13.
This is the primary reason the stock is a Zacks Rank #1 (Strong Buy).
Bear:
The Bear of the Day is an article that shows why a Zacks Rank #5 (Strong Sell) has become just that, a Zacks Rank #5 (Strong Sell). The Zacks Rank looks at earnings estimate revisions and the stocks that see negative revisions slide lower on the scale.
F5 Networks (NASDAQ:(FFIV - Free Report) – Free Report) has missed the Zacks Consensus Estimate in each of the last three reports. The two most recent reports have also seen the company report revenues that were below expectations.
Description
F5 Networks Inc. is a leading provider of integrated Internet traffic and content management solutions designed to improve the availability and performance of mission-critical Internet-based servers and applications. The company's products monitor and manage local and geographically dispersed servers and intelligently direct traffic to the server best able to handle a user's request. The products are designed to help prevent system failure and provide timely responses to user requests and data flow.
Earnings Estimates
The biggest factor that influences the Zacks Rank is the movement of earnings estimates. When estimate revisions are positive, the stock tends to have a higher Zacks Rank. That is not the case for FFIV.
The Zacks Consensus Estimate for FFIV was $6.47 in March of this year, but it slid to $6.35 in April and is now down to $6.28.
The 2018 estimate has also fallen. The Zacks Consensus Estimate for 2018 was $7.41 in March and has dipped down to $6.87. That is a big move lower.
Additional content:
3 Reasons to Be Cautious About SNAP’s Upcoming Earnings Report
Snap Inc. (NYSE:SNAP – Free Report) provides technology and social media services. The company’s principal product, Snapchat, is a camera application that helps people to communicate through short videos and images. Furthermore, the struggling company will be releasing its quarterly earnings report after the market closes on August 10.
Snap Inc. currently sports a Zacks Rank #4 (Sell) and defeated its earnings estimates last quarter by meager 0.86%. Additionally, the company operates in the Internet-Software industry, which sits in the bottom 42% on the Zacks Industry Rank.
Regardless of Snap’s Earnings ESP of 3.45%, the company holds an inadequate Zacks Rank and is expected to release lackluster earnings of -$0.29 per share, which provides a murky financial outlook for the firm.
If that’s not enough, here are 3 additional reasons to be cautious on Snap as we near its earnings report date:
1. Signs Of An Overvalued Investment
Snap currently holds an “F” grade for Value in our Style Score system, which means that we view the company as overvalued. For example, Snap features an Earnings Yield of -20.24% and price/sales ratio of 9.06, both of which fall short of the industry averages of -2.12% and 3.62, respectively. Furthermore, Snap Inc. holds an underwhelming P/E ratio of -4.80 and lackluster PEG ratio of -0.09. These metrics show that Snap Inc. might not be the smartest security to buy for an investor seeking impressive value on the market.
2. Negative Earnings Estimate Revisions
Earnings estimate revisions are the main ingredient for determining a company’s Zacks Rank. Snap possesses a murky future pertaining to earnings. For example, as of 30 days ago, Snap Inc.’s current quarter earnings estimates were revised to -$0.29 per share, which signifies a downward trend of -7.41%. Also within the past 30 days, Snap’s full-year EPS estimates fell from -$2.66 to -$2.71 per share, which constitutes a decrease of -1.88%. Overall, nine analysts covered Snap Inc. for this quarter’s earnings release, and two negative revisions have been made.
3. Poor Share Price Performance
Snap’s stock has been retreating since its initial public offering back in early March, without showing many signs of hope. Currently, the stock is trading at around $13.51, which is not too far off its all-time low of $11.91. Snap’s all-time high of $29.44 was reached right after its IPO, a period in which a stock’s price tends to rise considerably.
In essence, Snap’s share price has fallen by 54.11% since this high was recorded, including a drop of a whopping 15.84% within the past four weeks. Those who have held on the stock since its initial public offering could continue to pay the price this earnings season.
More Stock News: Tech Opportunity Worth $386 Billion in 2017
From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future.
Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>>
About the Bull and Bear of the Day
Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
Get the full Report on ZAGG – FREE
Get the full Report on FFIV – FREE
Get the full Report on SNAP – FREE
Follow us on Twitter: https://twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.