Today’s video takes a super quick look at shares of Monsanto (NYSE:MON) heading into their earnings release. The company doesn’t exactly have a great track record when it comes to earnings, as it has missed estimates in three of the last four quarters, including both of the last two.
Earnings estimates have also been sluggish for the stock, as the consensus estimate has been sliding over the past few months, and is back down to 2014 levels. However, the stock has moved out of Zacks Rank sell territory, and it is at least a hold now. Additionally, the company is in a great industry which is currently ranked in the top 10% overall so at least the overall space is promising, giving a very mixed picture overall.
The Best & Worst of Zacks
Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +26% per year. Plus, you may download 220 Zacks Rank #5 "Strong Sells." Even though this list holds many stocks that seem to be solid, it has historically performed 11X worse than the market. See these critical buys and sells free >>
MONSANTO CO-NEW (MON): Free Stock Analysis Report
Original post
Zacks Investment Research