Rotten Tomato Stocks
No Result
View All Result
  • News
    BRP Inc. Shares Tumble on 3Q Miss, Downgrade of FY24 Outlook

    BRP Inc. Shares Tumble on 3Q Miss, Downgrade of FY24 Outlook

    Cigna’s and Humana’s stock slides on report of deal talks

    Cigna’s and Humana’s stock slides on report of deal talks

    Walmart, Aldi, Sprouts, and others received fruit linked to the deadly Listeria outbreak

    Walmart, Aldi, Sprouts, and others received fruit linked to the deadly Listeria outbreak

    New Home Sales Plunged in October as Prices Fell

    New Home Sales Plunged in October as Prices Fell

  • NYSE
    Nio’s stock falls after November delivery growth underperforms rivals

    Nio’s stock falls after November delivery growth underperforms rivals

    Wipro (NYSE:WIT) Downgraded by StockNews.com

    Wipro (NYSE:WIT) Downgraded by StockNews.com

    Genesco Shares Fall on 3Q Declines, 2023 Earnings View Cut

    Genesco Shares Fall on 3Q Declines, 2023 Earnings View Cut

    RTX Co. (NYSE:RTX) Sees Large Decline in Short Interest

    RTX Co. (NYSE:RTX) Sees Large Decline in Short Interest

  • NASDAQ
    Cingulate Shares Fall to 52-Week Low After Reverse Split

    Cingulate Shares Fall to 52-Week Low After Reverse Split

    Marvell Technology (NASDAQ:MRVL) Shares Gap Down on Analyst Downgrade

    Marvell Technology (NASDAQ:MRVL) Shares Gap Down on Analyst Downgrade

    Ambarella 3Q Sales Plummet 39%, Losses Widen

    Ambarella 3Q Sales Plummet 39%, Losses Widen

    Plexus Shares Plunge After Pretax Loss Narrows, Revenue Falls

    Plexus Shares Plunge After Pretax Loss Narrows, Revenue Falls

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

  • News
    BRP Inc. Shares Tumble on 3Q Miss, Downgrade of FY24 Outlook

    BRP Inc. Shares Tumble on 3Q Miss, Downgrade of FY24 Outlook

    Cigna’s and Humana’s stock slides on report of deal talks

    Cigna’s and Humana’s stock slides on report of deal talks

    Walmart, Aldi, Sprouts, and others received fruit linked to the deadly Listeria outbreak

    Walmart, Aldi, Sprouts, and others received fruit linked to the deadly Listeria outbreak

    New Home Sales Plunged in October as Prices Fell

    New Home Sales Plunged in October as Prices Fell

  • NYSE
    Nio’s stock falls after November delivery growth underperforms rivals

    Nio’s stock falls after November delivery growth underperforms rivals

    Wipro (NYSE:WIT) Downgraded by StockNews.com

    Wipro (NYSE:WIT) Downgraded by StockNews.com

    Genesco Shares Fall on 3Q Declines, 2023 Earnings View Cut

    Genesco Shares Fall on 3Q Declines, 2023 Earnings View Cut

    RTX Co. (NYSE:RTX) Sees Large Decline in Short Interest

    RTX Co. (NYSE:RTX) Sees Large Decline in Short Interest

  • NASDAQ
    Cingulate Shares Fall to 52-Week Low After Reverse Split

    Cingulate Shares Fall to 52-Week Low After Reverse Split

    Marvell Technology (NASDAQ:MRVL) Shares Gap Down on Analyst Downgrade

    Marvell Technology (NASDAQ:MRVL) Shares Gap Down on Analyst Downgrade

    Ambarella 3Q Sales Plummet 39%, Losses Widen

    Ambarella 3Q Sales Plummet 39%, Losses Widen

    Plexus Shares Plunge After Pretax Loss Narrows, Revenue Falls

    Plexus Shares Plunge After Pretax Loss Narrows, Revenue Falls

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

No Result
View All Result
Rotten Tomato Stocks
No Result
View All Result

Incyte (INCY) Stock Moves -0.44%: What You Should Know

avatar by Editor
December 27, 2019
0
Incyte (INCY) Stock Moves -0.44%: What You Should Know

In the latest trading session, Incyte (INCY) closed at $88.39, marking a -0.44% move from the previous day. This move lagged the S&P 500’s daily of 0%. At the same time, the Dow added 0.08%, and the tech-heavy Nasdaq lost 0.18%.

Heading into today, shares of the specialty drugmaker had lost 5.67% over the past month, lagging the Medical sector’s gain of 4.21% and the S&P 500’s gain of 3.37% in that time.

Wall Street will be looking for positivity from INCY as it approaches its next earnings report date. In that report, analysts expect INCY to post earnings of $0.58 per share. This would mark year-over-year growth of 45%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $569.75 million, up 21.64% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.77 per share and revenue of $2.15 billion. These totals would mark changes of +166.35% and +19.4%, respectively, from last year.

Investors might also notice recent changes to analyst estimates for INCY. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company’s business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. INCY is holding a Zacks Rank of #2 (Buy) right now.

In terms of valuation, INCY is currently trading at a Forward P/E ratio of 32.05. This represents a premium compared to its industry’s average Forward P/E of 25.39.

Also, we should mention that INCY has a PEG ratio of 1. 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. The Medical – Biomedical and Genetics industry currently had an average PEG ratio of 1.86 as of yesterday’s close.

The Medical – Biomedical and Genetics industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 61, which puts it in the top 24% of all 250+ industries.

The Zacks Industry Rank includes is listed in order 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.

Related Posts

Cingulate Shares Fall to 52-Week Low After Reverse Split
NASDAQ

Cingulate Shares Fall to 52-Week Low After Reverse Split

December 3, 2023
Marvell Technology (NASDAQ:MRVL) Shares Gap Down on Analyst Downgrade
NASDAQ

Marvell Technology (NASDAQ:MRVL) Shares Gap Down on Analyst Downgrade

December 3, 2023
Ambarella 3Q Sales Plummet 39%, Losses Widen
NASDAQ

Ambarella 3Q Sales Plummet 39%, Losses Widen

December 3, 2023
Plexus Shares Plunge After Pretax Loss Narrows, Revenue Falls
NASDAQ

Plexus Shares Plunge After Pretax Loss Narrows, Revenue Falls

November 30, 2023
Load More
Next Post
TSX Falters After Posting Another Record, Ends Slightly Weak

TSX Falters After Posting Another Record, Ends Slightly Weak

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

POPULAR NEWS

CNH Industrial (NYSE:CNHI) Use Of Debt Could Be Considered Risky

CNH Industrial (NYSE:CNHI) Use Of Debt Could Be Considered Risky

April 14, 2021
CN Rail Stock Is So Undervalued That it’s Absurd

CN Rail Stock Is So Undervalued That it’s Absurd

May 2, 2021
Bitcoin Is Falling: Should You Buy the Dip?

Bitcoin Is Falling: Should You Buy the Dip?

May 3, 2021
Corus Entertainment 4Q Profit Falls

Corus Entertainment 4Q Profit Falls

October 22, 2021
US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

June 17, 2021

EDITOR'S PICK

Mix of Old, Wrong and Dubious ‘News’ Scares Rookie Investors, Fuels Crypto Selloff

Mix of Old, Wrong and Dubious ‘News’ Scares Rookie Investors, Fuels Crypto Selloff

April 19, 2021
Aeon Hokkaido Shares Fall After Plan to Sell Shares Held by Parent, Banks

Aeon Hokkaido Shares Fall After Plan to Sell Shares Held by Parent, Banks

January 22, 2023
Jackson Financial (NYSE:JXN) Shares Gap Down Following Analyst Downgrade

Jackson Financial (NYSE:JXN) Shares Gap Down Following Analyst Downgrade

July 7, 2022
US Manufacturing Activity Slows to 11-Month Low in December

US Manufacturing Activity Slows to 11-Month Low in December

January 6, 2022

Stay Updated

Get breaking news delivered straight into your inbox

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Rotten Tomato stocks is a wholly-owned subsidiary of Grainne Capital Limited.
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Rotten Tomato Stocks cover the companies and markets that are declining, failing or headed for disaster. We help investors spot the down tends and recognize when something smells rotten.

RECENT POSTS

Nio’s stock falls after November delivery growth underperforms rivals

Wipro (NYSE:WIT) Downgraded by StockNews.com

Genesco Shares Fall on 3Q Declines, 2023 Earnings View Cut

POPULAR POSTS

RTX Co. (NYSE:RTX) Sees Large Decline in Short Interest

Cingulate Shares Fall to 52-Week Low After Reverse Split

Marvell Technology (NASDAQ:MRVL) Shares Gap Down on Analyst Downgrade

© Copyright 2023 RottenTomatoStocks. All Rights Reserved 

Disclaimer | Privacy Policy

No Result
View All Result
  • HOME
  • NEWS
  • NYSE
  • NASDAQ
  • OTC
  • TSX

© 2021 RottenTomatoStocks.com

error: Content is protected !!
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.