Gladstone Commercial (GOOD) ended the recent trading session at $14.11, demonstrating a -0.42% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 2.36%. Elsewhere, the Dow lost 2.48%, while the tech-heavy Nasdaq lost 2.55%.
Heading into today, shares of the real estate investment trust had lost 3.8% over the past month, outpacing the Finance sector's loss of 4.85% and the S&P 500's loss of 5.6% in that time.
Investors will be eagerly watching for the performance of Gladstone Commercial in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 7, 2025. In that report, analysts expect Gladstone Commercial to post earnings of $0.34 per share. This would mark no growth from the year-ago period. At the same time, our most recent consensus estimate is projecting a revenue of $37.15 million, reflecting a 3.99% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.43 per share and a revenue of $152.52 million, signifying shifts of +0.7% and +2.09%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Gladstone Commercial. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. 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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Gladstone Commercial is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Gladstone Commercial currently has a Forward P/E ratio of 9.93. This represents a discount compared to its industry's average Forward P/E of 10.13.
We can also see that GOOD currently has a PEG ratio of 1.66. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the REIT and Equity Trust - Other industry had an average PEG ratio of 2.14.
The REIT and Equity Trust - Other industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 159, placing it within the bottom 36% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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This article originally published on Zacks Investment Research (zacks.com).
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