Beem stock yahoo1/6/2024 So, this combination makes it difficult to conclusively predict that Beam Global will beat the consensus EPS estimate.ĭoes Earnings Surprise History Hold Any Clue? On the other hand, the stock currently carries a Zacks Rank of #3. This has resulted in an Earnings ESP of 0%. How Have the Numbers Shaped Up for Beam Global?įor Beam Global, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. However, the model's predictive power is significant for positive ESP readings only.Ī positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Revenues are expected to be $3.31 million, up 166.9% from the year-ago quarter. This company is expected to post quarterly loss of $0.22 per share in its upcoming report, which represents a year-over-year change of -29.4%. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. ![]() On the other hand, if they miss, the stock may move lower. The earnings report might help the stock move higher if these key numbers are better than expectations. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. Given that Beam Global has jensen alpha of (0.41), we suggest you to validate Beam Global's prevailing market performance to make sure the company can sustain itself at a future point.The market expects Beam Global (BEEM) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2021. Please confirm Beam Global information ratio, and the relationship between the downside deviation and value at risk to decide if Beam Global is priced correctly, providing market reflects its regular price of 13.42 per share. We were able to analyze and collect data for nineteen technical drivers for Beam Global, which can be compared to its rivals. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. Beam Global technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Tangible Asset Value is expected to hike to about 32.7 M this year, although the value of Return on Average Assets will most likely fall to (0.22) .Īs of the 19th of July, Beam Global shows the mean deviation of 5.01, and Risk Adjusted Performance of (0.13). ![]() The company's current value of Average Assets is estimated at 34.95 Million. Beam Global Average Assets are relatively stable at the moment as compared to the past year. The value of Return on Average Equity is estimated to pull down to -0.24. ![]() The value of Return on Average Assets is estimated to pull down to -0.22. Beam Global management efficiency ratios could be used to measure how well beam global manages its routine affairs as well as how well it operates its assets and liabilities. Similarly, it shows return on stockholders equity (ROE) of (23.93) %, meaning that it created substantial loss on money invested by shareholders. Management EfficiencyThe entity has return on total asset (ROA) of (12.98) % which means that it has lost $12.98 on every $100 spent on asset.
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