Gladstone Commercial (GOOD) Advances But Underperforms Market: Key Facts

Gladstone Commercial (GOOD) closed the most recent trading day at $11.44, moving +1.15% from the previous trading session. The stock lagged the S&P 500's daily gain of 1.56%. On the other hand, the Dow registered a gain of 1.29%, and the technology-centric Nasdaq increased by 2.21%. Shares of the real estate investment trust have depreciated by 13.33% over the course of the past month, underperforming the Finance sector's loss of 2.31%, and the S&P 500's gain of 0.41%.The upcoming earnings release of Gladstone Commercial will be of great interest to investors. The company is predicted to post an EPS of $0.4, indicating a 5.26% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $38.8 million, down 1.12% from the prior-year quarter. GOOD's full-year Zacks Consensus Estimates are calling for earnings of $1.49 per share and revenue of $154.4 million. These results would represent year-over-year changes of +4.93% and +3.36%, respectively. Investors might also notice recent changes to analyst estimates for Gladstone Commercial. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Gladstone Commercial is currently sporting a Zacks Rank of #2 (Buy). Looking at its valuation, Gladstone Commercial is holding a Forward P/E ratio of 7.57. This expresses a discount compared to the average Forward P/E of 10.85 of its industry. It is also worth noting that GOOD currently has a PEG ratio of 1.26. 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. REIT and Equity Trust - Other stocks are, on average, holding a PEG ratio of 2.64 based on yesterday's closing prices. The REIT and Equity Trust - Other industry is part of the Finance sector. With its current Zacks Industry Rank of 85, this industry ranks in the top 35% of all industries, numbering over 250. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Radical New Technology Could Hand Investors Huge GainsQuantum Computing is the next technological revolution, and it could be even more advanced than AI.While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.See Top Quantum Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Gladstone Commercial Corporation (GOOD): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks