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Berkshire Hathaway Inc. (BRK.B) Stock Moves -0.24%: What You Should Know

In the latest trading session, Berkshire Hathaway Inc. (BRK.B) closed at $217.89, marking a -0.24% move from the previous day. This change was narrower than the S&P 500's 1.66% loss on the day. Elsewhere, the Dow lost 1.56%, while the tech-heavy Nasdaq lost 3.03%.

Coming into today, shares of the company had gained 4.65% in the past month. In that same time, the Finance sector lost 0.18%, while the S&P 500 lost 2.43%.

Investors will be hoping for strength from BRK.B as it approaches its next earnings release, which is expected to be February 22, 2019. On that day, BRK.B is projected to report earnings of $2.43 per share, which would represent year-over-year growth of 80%.

BRK.B's full-year Zacks Consensus Estimates are calling for earnings of $9.92 per share and revenue of $262 billion. These results would represent year-over-year changes of +69.28% and +8.2%, respectively.

Investors might also notice recent changes to analyst estimates for BRK.B. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.87% higher. BRK.B is currently a Zacks Rank #1 (Strong Buy).

Valuation is also important, so investors should note that BRK.B has a Forward P/E ratio of 22.02 right now. For comparison, its industry has an average Forward P/E of 14.37, which means BRK.B is trading at a premium to the group.

It is also worth noting that BRK.B currently has a PEG ratio of 3.15. 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. Insurance - Property and Casualty stocks are, on average, holding a PEG ratio of 1.33 based on yesterday's closing prices.

The Insurance - Property and Casualty industry is part of the Finance sector. This group has a Zacks Industry Rank of 179, putting it in the bottom 30% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual 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.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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