Stag Industrial (STAG) Dips More Than Broader Markets: What You Should Know

This story originally appeared on Zacks

In the last trading session, Stag Industrial (STAG) closed at $44.19, recording a -1.32% move from the previous day. The move delayed the S&P 500’s daily loss of 0.14%. Elsewhere, the Dow lost 0.45%, while the tech-heavy Nasdaq lost 0.01%.

– Zacks

As the day approaches, shares of the Industrial Real Estate Investment Trust are up 0.58% over the past month, lagging the finance sector’s 3.74% gain and outpacing the S&P 500’s loss of 0.13% in that time.

Wall Street will be looking for positivity from Stag Industrial as it approaches the next earnings report date. This is expected to be on February 16, 2022. The company is expected to report earnings per share of $0.52, an increase of 6.12% over the previous quarter. Meanwhile, our latest consensus estimate calls for revenue of $147.06 million, an increase of 13.16% over the prior year quarter.

Investors may also notice recent changes in analyst estimates for Stag Industrial. These reviews help show the ever-changing nature of near-term business trends. As such, positive rating reviews reflect the analyst’s optimism about the company’s business and profitability.

Research indicates that these discretionary revisions are directly related to the stock’s near-term price momentum. We developed Zacks Rank to take advantage of this phenomenon. Our system takes these discretionary changes into account and provides a clear and actionable rating model.

The Zacks Rank system ranges from #1 (strong buy) to #5 (strong sell). It has a proven track record of success, subject to external scrutiny, with the No. 1 stock having generated an average annual return of over 25% since 1988. Over the past month, Zacks Consensus EPS estimate is up 0.16%. Stag Industrial currently has a Zacks rating of #2 (Buy).

Given its valuation, Stag Industrial maintains a forward P/E ratio of 20.8. This is a premium compared to the industry’s average forward P/E of 15.92.

Investors should also note that STAG has a PEG ratio of 4.04 at the moment. This common metric is similar to the widely known price-earnings (P/E) ratio, with the difference that the PEG ratio also takes into account the company’s expected earnings growth rate. REIT and Equity Trust – Other stocks have, on average, a PEG ratio of 2.74 based on yesterday’s closing prices.

REIT and Equity Trust – Other industries are part of the finance sector. This group has a Zacks Industry Rating of 91, placing it in the top 36% of over 250 industries.

Zacks Industry Ranking measures the strength of our industry groups by measuring the average Zacks rating of the individual stocks within the groups. Our research shows that industries ranked 50% outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to keep track of all these stock movement metrics and more in upcoming trading sessions.

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