Bayerische Motoren Werke AG (BAMXF) Declines More Than Market: Some Information for Investors
Bayerische Motoren Werke AG (BAMXF) ended the recent trading session at $103.75, demonstrating a -1.75% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.32% for the day. Meanwhile, the Dow experienced a drop of 0.71%, and the technology-dominated Nasdaq saw a decrease of 0.2%.
The company's stock has dropped by 2.76% in the past month, exceeding the Auto-Tires-Trucks sector's loss of 10.71% and lagging the S&P 500's gain of 4.59%.
Market participants will be closely following the financial results of Bayerische Motoren Werke AG in its upcoming release.
It's also important for investors to be aware of any recent modifications to analyst estimates for Bayerische Motoren Werke AG. These revisions typically reflect the latest short-term business trends, which can change frequently. 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 utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
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. The Zacks Consensus EPS estimate remained stagnant within the past month. Bayerische Motoren Werke AG presently features a Zacks Rank of #3 (Hold).
In terms of valuation, Bayerische Motoren Werke AG is presently being traded at a Forward P/E ratio of 5.54. This denotes a discount relative to the industry's average Forward P/E of 6.34.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 76, placing it within the top 31% of over 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
