![]() ![]() ![]() With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.īe sure to follow all of these stock-moving metrics, and many more, on .įrom thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. 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. This group has a Zacks Industry Rank of 88, putting it in the top 35% of all 250+ industries. The Internet - Software industry is part of the Computer and Technology sector. Internet - Software stocks are, on average, holding a PEG ratio of 1.74 based on yesterday's closing prices. 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. It is also worth noting that SPLK currently has a PEG ratio of 1.37. For comparison, its industry has an average Forward P/E of 42.68, which means Splunk is trading at a discount to the group. Valuation is also important, so investors should note that Splunk has a Forward P/E ratio of 33.93 right now. Splunk is currently sporting a Zacks Rank of #3 (Hold). The Zacks Consensus EPS estimate remained stagnant within the past month. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). ![]() 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. Our research shows that these estimate changes are directly correlated with near-term stock prices. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. These revisions typically reflect the latest short-term business trends, which can change frequently. It is also important to note the recent changes to analyst estimates for Splunk. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $887.82 million, up 11.15% from the year-ago period.įor the full year, our Zacks Consensus Estimates are projecting earnings of $3.10 per share and revenue of $3.9 billion, which would represent changes of +15.24% and +6.77%, respectively, from the prior year. On that day, Splunk is projected to report earnings of $0.40 per share, which would represent year-over-year growth of 344.44%. This cookie, set by YouTube, registers a unique ID to store data on what videos from YouTube the user has seen.Splunk will be looking to display strength as it nears its next earnings release. YouTube sets this cookie to store the video preferences of the user using embedded YouTube video. YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages. The test_cookie is set by and is used to determine if the user's browser supports cookies.Ī cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface. Google DoubleClick IDE cookies are used to store information about how the user uses the website to present them with relevant ads and according to the user profile. These cookies track visitors across websites and collect information to provide customized ads. Vimeo installs this cookie to collect tracking information by setting a unique ID to embed videos to the website.Īdvertisement cookies are used to provide visitors with relevant ads and marketing campaigns. YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. ![]() Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.ġ6 years 2 months 24 days 11 hours 26 minutes Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Analytical cookies are used to understand how visitors interact with the website. ![]()
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