In the latest trading session, BlackRock (BLK) closed at $1,075.09, marking a -3.34% move from the previous day. This change lagged the S&P 500's 0.34% loss on the day. Meanwhile, the Dow experienced a drop of 0.94%, and the technology-dominated Nasdaq saw an increase of 0.16%.
Shares of the investment firm witnessed a gain of 3.82% over the previous month, beating the performance of the Finance sector with its gain of 3.09%, and the S&P 500's gain of 1.19%.
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. On that day, BlackRock is projected to report earnings of $12.55 per share, which would represent year-over-year growth of 5.2%. Meanwhile, our latest consensus estimate is calling for revenue of $6.75 billion, up 18.82% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $47.51 per share and a revenue of $23.97 billion, indicating changes of +8.94% and 0%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for BlackRock. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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 shifted 0.83% downward. BlackRock is holding a Zacks Rank of #3 (Hold) right now.
From a valuation perspective, BlackRock is currently exchanging hands at a Forward P/E ratio of 20.81. This represents a premium compared to its industry average Forward P/E of 11.17.
One should further note that BLK currently holds a PEG ratio of 1.56. 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. Financial - Investment Management stocks are, on average, holding a PEG ratio of 1.1 based on yesterday's closing prices.
The Financial - Investment Management industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 171, placing it within the bottom 31% of over 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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BlackRock (BLK): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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