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Vistra Corp. (VST) Exceeds Market Returns: Some Facts to Consider
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Vistra Corp. (VST - Free Report) closed the most recent trading day at $187.02, moving +1.04% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.48% for the day. Elsewhere, the Dow saw a downswing of 0.02%, while the tech-heavy Nasdaq appreciated by 0.94%.
Coming into today, shares of the company had gained 5.17% in the past month. In that same time, the Utilities sector gained 1.16%, while the S&P 500 gained 5.13%.
Market participants will be closely following the financial results of Vistra Corp. in its upcoming release. The company is forecasted to report an EPS of $1.32, showcasing a 46.67% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $5.26 billion, showing a 36.83% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $6.45 per share and a revenue of $22.2 billion, demonstrating changes of -7.86% and +28.91%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for Vistra Corp. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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. Over the past month, there's been a 3.64% rise in the Zacks Consensus EPS estimate. Currently, Vistra Corp. is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, Vistra Corp. is currently trading at a Forward P/E ratio of 28.71. This represents a premium compared to its industry average Forward P/E of 18.19.
Investors should also note that VST has a PEG ratio of 2.18 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Utility - Electric Power industry held an average PEG ratio of 2.57.
The Utility - Electric Power industry is part of the Utilities sector. Currently, this industry holds a Zacks Industry Rank of 78, positioning it in the top 32% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Vistra Corp. (VST) Exceeds Market Returns: Some Facts to Consider
Vistra Corp. (VST - Free Report) closed the most recent trading day at $187.02, moving +1.04% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.48% for the day. Elsewhere, the Dow saw a downswing of 0.02%, while the tech-heavy Nasdaq appreciated by 0.94%.
Coming into today, shares of the company had gained 5.17% in the past month. In that same time, the Utilities sector gained 1.16%, while the S&P 500 gained 5.13%.
Market participants will be closely following the financial results of Vistra Corp. in its upcoming release. The company is forecasted to report an EPS of $1.32, showcasing a 46.67% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $5.26 billion, showing a 36.83% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $6.45 per share and a revenue of $22.2 billion, demonstrating changes of -7.86% and +28.91%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for Vistra Corp. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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. Over the past month, there's been a 3.64% rise in the Zacks Consensus EPS estimate. Currently, Vistra Corp. is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, Vistra Corp. is currently trading at a Forward P/E ratio of 28.71. This represents a premium compared to its industry average Forward P/E of 18.19.
Investors should also note that VST has a PEG ratio of 2.18 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Utility - Electric Power industry held an average PEG ratio of 2.57.
The Utility - Electric Power industry is part of the Utilities sector. Currently, this industry holds a Zacks Industry Rank of 78, positioning it in the top 32% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.