Twitter closed the most recent trading day at $33.88, moving +0.21% from the previous trading session. This change outpaced the S&P 500's 0.17% loss on the day. Meanwhile, the Dow lost 0.3%, and the Nasdaq, a tech-heavy index, lost 0.14%.
Prior to today's trading, shares of the short messaging service had lost 23.54% over the past month. This has lagged the Computer and Technology sector's gain of 0.61% and the S&P 500's gain of 2.34% in that time.
TWTR will be looking to display strength as it nears its next earnings release, which is expected to be October 25, 2018. The company is expected to report EPS of $0.14, up 40% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $703.72 million, up 19.35% from the prior-year quarter.
TWTR's full-year Zacks Consensus Estimates are calling for earnings of $0.70 per share and revenue of $2.92 billion. These results would represent year-over-year changes of +59.09% and +19.63%, respectively.
Investors might also notice recent changes to analyst estimates for TWTR. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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. The Zacks Consensus EPS estimate has moved 3.41% lower within the past month. TWTR currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, TWTR is holding a Forward P/E ratio of 48.15. For comparison, its industry has an average Forward P/E of 67.68, which means TWTR is trading at a discount to the group.
We can also see that TWTR currently has a PEG ratio of 2.18. 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 Internet - Software was holding an average PEG ratio of 3.75 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 102, which puts it in the top 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Twitter (TWTR) Gains As Market Dips: What You Should Know
Twitter closed the most recent trading day at $33.88, moving +0.21% from the previous trading session. This change outpaced the S&P 500's 0.17% loss on the day. Meanwhile, the Dow lost 0.3%, and the Nasdaq, a tech-heavy index, lost 0.14%.
Prior to today's trading, shares of the short messaging service had lost 23.54% over the past month. This has lagged the Computer and Technology sector's gain of 0.61% and the S&P 500's gain of 2.34% in that time.
TWTR will be looking to display strength as it nears its next earnings release, which is expected to be October 25, 2018. The company is expected to report EPS of $0.14, up 40% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $703.72 million, up 19.35% from the prior-year quarter.
TWTR's full-year Zacks Consensus Estimates are calling for earnings of $0.70 per share and revenue of $2.92 billion. These results would represent year-over-year changes of +59.09% and +19.63%, respectively.
Investors might also notice recent changes to analyst estimates for TWTR. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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. The Zacks Consensus EPS estimate has moved 3.41% lower within the past month. TWTR currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, TWTR is holding a Forward P/E ratio of 48.15. For comparison, its industry has an average Forward P/E of 67.68, which means TWTR is trading at a discount to the group.
We can also see that TWTR currently has a PEG ratio of 2.18. 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 Internet - Software was holding an average PEG ratio of 3.75 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 102, which puts it in the top 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.