MoneyLion Inc. (ML) Stock Slides as Market Rises: Facts to Know Before You Trade

MoneyLion Inc. (ML) closed the latest trading day at $86.59, indicating a -0.01% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 0.61% for the day. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.28%.Prior to today's trading, shares of the company had lost 0.05% over the past month. This has lagged the Business Services sector's gain of 0.72% and the S&P 500's gain of 2.08% in that time.Investors will be eagerly watching for the performance of MoneyLion Inc. in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.54, marking a 238.46% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $149.51 million, showing a 32.36% escalation compared to the year-ago quarter.Investors should also pay attention to any latest changes in analyst estimates for MoneyLion Inc. 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.Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 10.93% higher. MoneyLion Inc. is currently sporting a Zacks Rank of #3 (Hold).Investors should also note MoneyLion Inc.'s current valuation metrics, including its Forward P/E ratio of 22.76. This represents a premium compared to its industry's average Forward P/E of 14.34.The Financial Transaction Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 86, which puts it in the top 35% of all 250+ industries.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.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming 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 ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks