In terms of the Zacks Industry Rank, Electronics - Miscellaneous Products is currently in the top 30% of the 250 plus Zacks industries. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Įmpirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? What's Next for Flux Power Holdings, Inc. Shares have lost about 11.2% since the beginning of the year versus the S&P 500's decline of -21.4%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.įlux Power Holdings, Inc. The company has topped consensus revenue estimates three times over the last four quarters. This compares to year-ago revenues of $6.27 million. , which belongs to the Zacks Electronics - Miscellaneous Products industry, posted revenues of $17.84 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 15.47%. Over the last four quarters, the company has surpassed consensus EPS estimates two times.įlux Power Holdings, Inc. A quarter ago, it was expected that this company would post a loss of $0.25 per share when it actually produced a loss of $0.17, delivering a surprise of 32%. This quarterly report represents an earnings surprise of -8.33%. These figures are adjusted for non-recurring items. This compares to loss of $0.30 per share a year ago. (FLUX) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.12. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.Flux Power Holdings, Inc. Our system also uses the options market in order to receive additional signals on current sentiments. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.Ĭhanges in price are generally the best indicator of sentiment for a particular stock. It is typically a pretty short-term metric that relies entirely on technical analysis. In investing, sentiment generally means whether or not a given security is in favor with investors. See Full FLUX Report What is Stock Sentiment?
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