9/20/2023 0 Comments Splunk stock zacksIt's packed with all of the company's key stats and salient decision making information. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. Zacks Style Scores Education - Learn more about the Zacks Style Scores That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. As you might remember from your school days, an A, is better than a B a B is better than a C a C is better than a D and a D is better than an F.Īs an investor, you want to buy stocks with the highest probability of success. Within each Score, stocks are graded into five groups: A, B, C, D and F. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. The scores are based on the trading styles of Value, Growth, and Momentum. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. To read this article on click here.The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Free: See Our Top Stock and 4 Runners Up > This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. 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. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions.įrom thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. 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. ![]() This industry currently has a Zacks Industry Rank of 62, which puts it in the top 25% 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 1.66 based on yesterday's closing prices. 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. Investors should also note that SPLK has a PEG ratio of 1.38 right now. This valuation marks a discount compared to its industry's average Forward P/E of 41.29. In terms of valuation, Splunk is currently trading at a Forward P/E ratio of 33.15. Splunk is holding a Zacks Rank of #1 (Strong Buy) right now. ![]() Over the past month, the Zacks Consensus EPS estimate remained stagnant. 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). ![]() Our system takes these estimate changes into account and delivers a clear, actionable rating model. We developed the Zacks Rank to capitalize on this phenomenon. Our research shows that these estimate changes are directly correlated with near-term stock prices. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. These revisions typically reflect the latest short-term business trends, which can change frequently. These totals would mark changes of +2.23% and +6.06%, respectively, from last year.Īny recent changes to analyst estimates for Splunk should also be noted by investors. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.75 per share and revenue of $3.88 billion. Meanwhile, our latest consensus estimate is calling for revenue of $719.02 million, up 6.67% from the prior-year quarter. The company is expected to report EPS of -$0.11, up 65.63% from the prior-year quarter. Investors will be hoping for strength from Splunk as it approaches its next earnings release.
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