MoneyLion Inc. (ML) Stock Moves -0.54%: What You Should Know

MoneyLion Inc. (ML) closed the most recent trading day at $86.50, moving -0.54% from the previous trading session. This change was narrower than the S&P 500's daily loss of 4.84%. At the same time, the Dow lost 3.98%, and the tech-heavy Nasdaq lost 5.97%.The the stock of company has fallen by 1.17% in the past month, leading the Business Services sector's loss of 2.87% and the S&P 500's loss of 4.7%.Market participants will be closely following the financial results of MoneyLion Inc. in its upcoming release. In that report, analysts expect MoneyLion Inc. to post earnings of $0.98 per share. This would mark year-over-year growth of 63.33%. Our most recent consensus estimate is calling for quarterly revenue of $156.61 million, up 29.41% from the year-ago period.In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.05 per share and a revenue of $665.17 million, indicating changes of +301.32% and +21.85%, respectively, from the former year.Investors should also take note of any recent adjustments to analyst estimates for MoneyLion Inc. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Right now, MoneyLion Inc. possesses a Zacks Rank of #5 (Strong Sell).Looking at valuation, MoneyLion Inc. is presently trading at a Forward P/E ratio of 28.56. This signifies a premium in comparison to the average Forward P/E of 15.36 for its industry.The Financial Transaction Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 136, putting it in the bottom 46% of all 250+ industries.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.Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant 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 MoneyLion Inc. (ML): 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