In the latest trading session, Epam (EPAM) closed at $663.08, marking a +0.39% move from the previous day. This change lagged the S&P 500’s 0.62% gain on the day. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq lost 0.03%.

– Zacks

Prior to today’s trading, shares of the information technology services provider had gained 6.9% over the past month. This has outpaced the Computer and Technology sector’s gain of 0.29% and the S&P 500’s gain of 0.87% in that time.

Epam will be looking to display strength as it nears its next earnings release. In that report, analysts expect Epam to post earnings of $2.50 per share. This would mark year-over-year growth of 38.12%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.08 billion, up 49.88% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $8.78 per share and revenue of $3.74 billion. These totals would mark changes of +38.49% and +40.53%, respectively, from last year.

Investors might also notice recent changes to analyst estimates for Epam. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for 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.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Epam is currently a Zacks Rank #2 (Buy).

Digging into valuation, Epam currently has a Forward P/E ratio of 75.51. For comparison, its industry has an average Forward P/E of 34.22, which means Epam is trading at a premium to the group.

We can also see that EPAM currently has a PEG ratio of 2.7. 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 Computers – IT Services was holding an average PEG ratio of 1.43 at yesterday’s closing price.

The Computers – IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 155, putting it in the bottom 39% 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 EPAM in the coming trading sessions, be sure to utilize Zacks.com.

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EPAM Systems, Inc. (EPAM): Free Stock Analysis Report
 
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In the latest trading session, Datadog (DDOG) closed at $180.36, marking a +0.38% move from the previous day. This move lagged the S&P 500’s daily gain of 0.62%. At the same time, the Dow added 0.55%, and the tech-heavy Nasdaq lost 0.03%.

– Zacks

Heading into today, shares of the data analytics and cloud monitoring company had gained 0.01% over the past month, lagging the Computer and Technology sector’s gain of 0.29% and the S&P 500’s gain of 0.87% in that time.

Datadog will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.11, up 83.33% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $291.17 million, up 64.01% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $0.40 per share and revenue of $993.83 million, which would represent changes of +81.82% and +64.69%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for Datadog. 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.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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. Over the past month, the Zacks Consensus EPS estimate has moved 1.28% higher. Datadog is holding a Zacks Rank of #3 (Hold) right now.

In terms of valuation, Datadog is currently trading at a Forward P/E ratio of 455.97. Its industry sports an average Forward P/E of 65.46, so we one might conclude that Datadog is trading at a premium comparatively.

The Internet – Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 194, which puts it in the bottom 24% 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.

To follow DDOG in the coming trading sessions, be sure to utilize Zacks.com.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

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Datadog, Inc. (DDOG): Free Stock Analysis Report
 
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Haverty Furniture (HVT) closed at $30.51 in the latest trading session, marking a -1.07% move from the prior day. This move lagged the S&P 500’s daily gain of 0.62%. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq lost 0.03%.

– Zacks

Heading into today, shares of the residential furniture and accessories retailer had lost 5.28% over the past month, lagging the Retail-Wholesale sector’s loss of 4.49% and the S&P 500’s gain of 0.87% in that time.

Investors will be hoping for strength from Haverty Furniture as it approaches its next earnings release. On that day, Haverty Furniture is projected to report earnings of $1.22 per share, which would represent a year-over-year decline of 10.95%. Our most recent consensus estimate is calling for quarterly revenue of $265.5 million, up 10.01% from the year-ago period.

HVT’s full-year Zacks Consensus Estimates are calling for earnings of $4.78 per share and revenue of $1.01 billion. These results would represent year-over-year changes of +154.26% and +35.29%, respectively.

It is also important to note the recent changes to analyst estimates for Haverty Furniture. 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.

Our research shows that these estimate changes are directly correlated with near-term stock prices. 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.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Haverty Furniture currently has a Zacks Rank of #3 (Hold).

In terms of valuation, Haverty Furniture is currently trading at a Forward P/E ratio of 6.38. Its industry sports an average Forward P/E of 14.18, so we one might conclude that Haverty Furniture is trading at a discount comparatively.

The Retail – Home Furnishings industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 18, which puts it in the top 8% of all 250+ industries.

The Zacks Industry Rank includes is listed in order 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.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

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Haverty Furniture Companies, Inc. (HVT): Free Stock Analysis Report
 
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In the latest trading session, VICI Properties Inc. (VICI) closed at $28.90, marking a +1.05% move from the previous day. This move outpaced the S&P 500’s daily gain of 0.62%. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq lost 0.03%.

– Zacks

Prior to today’s trading, shares of the company had gained 1.62% over the past month. This has outpaced the Finance sector’s loss of 1.47% and the S&P 500’s gain of 0.87% in that time.

VICI Properties Inc. will be looking to display strength as it nears its next earnings release. In that report, analysts expect VICI Properties Inc. to post earnings of $0.43 per share. This would mark a year-over-year decline of 6.52%. Meanwhile, our latest consensus estimate is calling for revenue of $377.87 million, up 1.3% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $1.80 per share and revenue of $1.5 billion, which would represent changes of +9.76% and +22.59%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for VICI Properties Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company’s business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.39% lower. VICI Properties Inc. is currently sporting a Zacks Rank of #3 (Hold).

Investors should also note VICI Properties Inc.’s current valuation metrics, including its Forward P/E ratio of 16.09. This valuation marks a discount compared to its industry’s average Forward P/E of 18.23.

Meanwhile, VICI’s PEG ratio is currently 3.07. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company’s expected earnings growth rate. The REIT and Equity Trust – Other was holding an average PEG ratio of 2.93 at yesterday’s closing price.

The REIT and Equity Trust – Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 111, which puts it in the top 44% 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.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

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VICI Properties Inc. (VICI): Free Stock Analysis Report
 
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In the latest trading session, Ares Capital (ARCC) closed at $20.67, marking a +1.17% move from the previous day. This change outpaced the S&P 500’s 0.62% gain on the day. Meanwhile, the Dow gained 0.55%, and the Nasdaq, a tech-heavy index, lost 0.03%.

– Zacks

Heading into today, shares of the private equity firm had gained 0.19% over the past month, outpacing the Finance sector’s loss of 1.47% and lagging the S&P 500’s gain of 0.87% in that time.

Investors will be hoping for strength from Ares Capital as it approaches its next earnings release. On that day, Ares Capital is projected to report earnings of $0.47 per share, which would represent a year-over-year decline of 12.96%. Our most recent consensus estimate is calling for quarterly revenue of $461.4 million, up 4.86% from the year-ago period.

ARCC’s full-year Zacks Consensus Estimates are calling for earnings of $1.89 per share and revenue of $1.75 billion. These results would represent year-over-year changes of +8.62% and +15.98%, respectively.

It is also important to note the recent changes to analyst estimates for Ares Capital. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for 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.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.2% lower. Ares Capital is currently sporting a Zacks Rank of #3 (Hold).

Digging into valuation, Ares Capital currently has a Forward P/E ratio of 10.92. For comparison, its industry has an average Forward P/E of 11.43, which means Ares Capital is trading at a discount to the group.

The Financial – SBIC & Commercial Industry industry is part of the Finance sector. This group has a Zacks Industry Rank of 103, putting it in the top 41% of all 250+ industries.

The Zacks Industry Rank includes is listed in order 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.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

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Ares Capital Corporation (ARCC): Free Stock Analysis Report
 
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Zacks Investment Research

In the latest trading session, Yeti (YETI) closed at $83.44, marking a +1.26% move from the previous day. The stock outpaced the S&P 500’s daily gain of 0.62%. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq lost 0.03%.

– Zacks

Heading into today, shares of the maker of outdoor and recreational products had lost 13.74% over the past month, lagging the Consumer Discretionary sector’s loss of 3.13% and the S&P 500’s gain of 0.87% in that time.

Yeti will be looking to display strength as it nears its next earnings release. In that report, analysts expect Yeti to post earnings of $0.84 per share. This would mark year-over-year growth of 13.51%. Meanwhile, our latest consensus estimate is calling for revenue of $443.36 million, up 17.99% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $2.54 per share and revenue of $1.41 billion, which would represent changes of +35.83% and +29.34%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for Yeti. 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 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. Within the past 30 days, our consensus EPS projection remained stagnant. Yeti is currently sporting a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that Yeti has a Forward P/E ratio of 32.85 right now. This valuation marks a premium compared to its industry’s average Forward P/E of 10.73.

We can also see that YETI currently has a PEG ratio of 1.85. 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. YETI’s industry had an average PEG ratio of 1.85 as of yesterday’s close.

The Leisure and Recreation Products industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 57, putting it in the top 23% of all 250+ industries.

The Zacks Industry Rank includes is listed in order 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.

You can find more information on all of these metrics, and much more, on Zacks.com.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

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YETI Holdings, Inc. (YETI): Free Stock Analysis Report
 
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In the latest trading session, Waste Management (WM) closed at $161.94, marking a +0.8% move from the previous day. The stock outpaced the S&P 500’s daily gain of 0.62%. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq lost 0.03%.

– Zacks

Heading into today, shares of the garbage and recycling hauler had lost 2.28% over the past month, lagging the Business Services sector’s gain of 1.42% and the S&P 500’s gain of 0.87% in that time.

Waste Management will be looking to display strength as it nears its next earnings release. In that report, analysts expect Waste Management to post earnings of $1.25 per share. This would mark year-over-year growth of 10.62%. Meanwhile, our latest consensus estimate is calling for revenue of $4.57 billion, up 12.48% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $4.84 per share and revenue of $17.81 billion, which would represent changes of +20.1% and +17.06%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for Waste Management. 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 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. Within the past 30 days, our consensus EPS projection remained stagnant. Waste Management is currently sporting a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that Waste Management has a Forward P/E ratio of 33.44 right now. This valuation marks a premium compared to its industry’s average Forward P/E of 32.72.

We can also see that WM currently has a PEG ratio of 2.66. 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. WM’s industry had an average PEG ratio of 3.03 as of yesterday’s close.

The Waste Removal Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 89, putting it in the top 36% of all 250+ industries.

The Zacks Industry Rank includes is listed in order 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.

You can find more information on all of these metrics, and much more, on Zacks.com.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

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Waste Management, Inc. (WM): Free Stock Analysis Report
 
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Zebra Technologies (ZBRA) closed the most recent trading day at $582.41, moving +0.34% from the previous trading session. This move lagged the S&P 500’s daily gain of 0.62%. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq lost 0.03%.

– Zacks

Coming into today, shares of the producer of printers for bar codes, plastic cards and, radio-frequency identification tags had lost 2.94% in the past month. In that same time, the Industrial Products sector lost 3.3%, while the S&P 500 gained 0.39%.

Zebra Technologies will be looking to display strength as it nears its next earnings release. In that report, analysts expect Zebra Technologies to post earnings of $4.32 per share. This would mark a year-over-year decline of 3.14%. Our most recent consensus estimate is calling for quarterly revenue of $1.45 billion, up 10.6% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $18.23 per share and revenue of $5.61 billion, which would represent changes of +42.42% and +26.16%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for Zebra Technologies. 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. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.63% higher. Zebra Technologies is currently a Zacks Rank #2 (Buy).

Digging into valuation, Zebra Technologies currently has a Forward P/E ratio of 31.83. This represents a premium compared to its industry’s average Forward P/E of 29.18.

The Manufacturing – Thermal Products industry is part of the Industrial Products sector. This industry currently has a Zacks Industry Rank of 205, which puts it in the bottom 20% of all 250+ industries.

The Zacks Industry Rank includes is listed in order 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.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Zebra Technologies Corporation (ZBRA): Free Stock Analysis Report
 
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Zacks Investment Research

In the latest trading session, Tapestry (TPR) closed at $41.26, marking a +0.44% move from the previous day. The stock lagged the S&P 500’s daily gain of 0.62%. At the same time, the Dow added 0.55%, and the tech-heavy Nasdaq lost 0.03%.

– Zacks

Heading into today, shares of the maker of high-end shoes and handbags had lost 6.78% over the past month, lagging the Retail-Wholesale sector’s loss of 4.69% and the S&P 500’s gain of 0.39% in that time.

Investors will be hoping for strength from Tapestry as it approaches its next earnings release. The company is expected to report EPS of $1.18, up 2.61% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.98 billion, up 17.62% from the year-ago period.

TPR’s full-year Zacks Consensus Estimates are calling for earnings of $3.50 per share and revenue of $6.59 billion. These results would represent year-over-year changes of +17.85% and +14.76%, respectively.

Any recent changes to analyst estimates for Tapestry should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-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. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Tapestry is currently a Zacks Rank #2 (Buy).

Digging into valuation, Tapestry currently has a Forward P/E ratio of 11.73. Its industry sports an average Forward P/E of 12.2, so we one might conclude that Tapestry is trading at a discount comparatively.

It is also worth noting that TPR currently has a PEG ratio of 0.95. 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. TPR’s industry had an average PEG ratio of 0.95 as of yesterday’s close.

The Retail – Apparel and Shoes industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 56, putting it in the top 23% 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.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

Download FREE: How to Profit from Trillions on Spending for Infrastructure >>

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Tapestry, Inc. (TPR): Free Stock Analysis Report
 
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Ovintiv (OVV) closed the most recent trading day at $32.45, moving -0.06% from the previous trading session. This change lagged the S&P 500’s 0.62% gain on the day. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq lost 0.03%.

– Zacks

Coming into today, shares of the energy company had lost 15.97% in the past month. In that same time, the Oils-Energy sector lost 0.1%, while the S&P 500 gained 0.39%.

Ovintiv will be looking to display strength as it nears its next earnings release. In that report, analysts expect Ovintiv to post earnings of $1.83 per share. This would mark year-over-year growth of 161.43%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.19 billion, up 43.38% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $5.60 per share and revenue of $7.67 billion. These totals would mark changes of +1500% and +26.01%, respectively, from last year.

It is also important to note the recent changes to analyst estimates for Ovintiv. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company’s business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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. Over the past month, the Zacks Consensus EPS estimate has moved 3.01% higher. Ovintiv is currently a Zacks Rank #3 (Hold).

Investors should also note Ovintiv’s current valuation metrics, including its Forward P/E ratio of 5.79. For comparison, its industry has an average Forward P/E of 5.79, which means Ovintiv is trading at a no noticeable deviation to the group.

The Oil and Gas – Exploration and Production – Canadian industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 116, putting it in the top 46% 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.

You can find more information on all of these metrics, and much more, on Zacks.com.

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Ovintiv Inc. (OVV): Free Stock Analysis Report
 
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