Gladstone Commercial (GOOD) Rises As Market Takes a Dip: Key Facts

In the latest close session, Gladstone Commercial (GOOD) was up +1.19% at $14.50. The stock's change was more than the S&P 500's daily loss of 0.11%. At the same time, the Dow added 0.91%, and the tech-heavy Nasdaq lost 0.82%. Shares of the real estate investment trust have depreciated by 0.76% over the course of the past month, underperforming the Finance sector's gain of 3.03%, and the S&P 500's gain of 5.17%.The upcoming earnings release of Gladstone Commercial will be of great interest to investors. The company is forecasted to report an EPS of $0.35, showcasing a 2.78% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $37.86 million, up 2.16% from the year-ago period. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.41 per share and revenue of $152.02 million, indicating changes of -0.7% and +1.76%, respectively, compared to the previous year. Any recent changes to analyst estimates for Gladstone Commercial should also be noted by investors. 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 business outlook. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, 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. The Zacks Consensus EPS estimate remained stagnant within the past month. As of now, Gladstone Commercial holds a Zacks Rank of #3 (Hold). In terms of valuation, Gladstone Commercial is currently trading at a Forward P/E ratio of 10.14. This denotes a discount relative to the industry average Forward P/E of 11.47. We can additionally observe that GOOD currently boasts a PEG ratio of 1.69. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The REIT and Equity Trust - Other industry currently had an average PEG ratio of 2.39 as of yesterday's close. The REIT and Equity Trust - Other industry is part of the Finance sector. With its current Zacks Industry Rank of 96, this industry ranks in the top 39% of all industries, numbering over 250. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See 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