Bayerische Motoren Werke AG (BAMXF) Stock Declines While Market Improves: Some Information for Investors
In the latest market close, Bayerische Motoren Werke AG (BAMXF) reached $98.73, with a -0.87% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.73%. At the same time, the Dow added 0.62%, and the tech-heavy Nasdaq gained 0.93%.
Shares of the company have depreciated by 5.14% over the course of the past month, outperforming the Auto-Tires-Trucks sector's loss of 8.5% and lagging the S&P 500's loss of 2.29%.
The investment community will be closely monitoring the performance of Bayerische Motoren Werke AG in its forthcoming earnings report.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $21.06 per share and revenue of $163.98 billion. These totals would mark changes of -26.82% and +9.46%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Bayerische Motoren Werke AG. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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 4.62% upward. Currently, Bayerische Motoren Werke AG is carrying a Zacks Rank of #3 (Hold).
Investors should also note Bayerische Motoren Werke AG's current valuation metrics, including its Forward P/E ratio of 4.73. This indicates a discount in contrast to its industry's Forward P/E of 6.28.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. Currently, this industry holds a Zacks Industry Rank of 45, positioning it in the top 18% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Bayerische Motoren Werke AG (BAMXF) : Free Stock Analysis Report
