Strategy (MSTR) closed the most recent trading day at $157.33, moving -5.77% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.65%. Elsewhere, the Dow gained 0.48%, while the tech-heavy Nasdaq added 0.82%.
Heading into today, shares of the business software company had lost 8.91% over the past month, lagging the Finance sector's gain of 3% and the S&P 500's gain of 1.15%.
The upcoming earnings release of Strategy will be of great interest to investors. In that report, analysts expect Strategy to post earnings of $46.02 per share. This would mark year-over-year growth of 1538.13%. Our most recent consensus estimate is calling for quarterly revenue of $119.6 million, down 0.91% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $78.04 per share and revenue of $473.1 million, which would represent changes of +1261.31% and 0%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Strategy. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Strategy is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, Strategy is presently being traded at a Forward P/E ratio of 3.24. This indicates a discount in contrast to its industry's Forward P/E of 11.81.
The Financial - Miscellaneous Services industry is part of the Finance sector. This group has a Zacks Industry Rank of 164, putting it in the bottom 34% of all 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.
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
Strategy Inc (MSTR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
