BlackRock (BLK) closed the most recent trading day at $1,070.34, moving -1.2% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.74%. Elsewhere, the Dow lost 0.63%, while the tech-heavy Nasdaq lost 0.76%.
Shares of the investment firm witnessed a gain of 4.3% over the previous month, beating the performance of the Finance sector with its gain of 2.1%, and the S&P 500's gain of 0.79%.
The investment community will be closely monitoring the performance of BlackRock in its forthcoming earnings report. The company is scheduled to release its earnings on January 15, 2026. The company is forecasted to report an EPS of $12.55, showcasing a 5.2% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $6.75 billion, up 18.82% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $47.51 per share and revenue of $23.97 billion, which would represent changes of +8.94% and +17.48%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for BlackRock. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.5% downward. BlackRock is currently a Zacks Rank #3 (Hold).
In terms of valuation, BlackRock is presently being traded at a Forward P/E ratio of 22.8. This denotes a premium relative to the industry average Forward P/E of 12.76.
We can also see that BLK currently has a PEG ratio of 1.71. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Financial - Investment Management industry had an average PEG ratio of 1.26 as trading concluded yesterday.
The Financial - Investment Management industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 193, placing it within the bottom 22% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained 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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BlackRock (BLK): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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