Bluegreen Vacations Holding Corporation (BVH) shares move -0.17%: What you need to know

This story originally appeared on Zacks

Bluegreen Vacations Holding Corporation (BVH) closed the last day of trading at $29.56, or -0.17% from the previous trading session. That move was narrower than the S&P 500’s 1.22% daily loss. Meanwhile, the Dow lost 0.19% and the Nasdaq, a technology-heavy index, lost 0.53%.

– Zacks

As of today, the company’s shares are down 17.13% over the past month. Meanwhile, the consumer discretionary sector lost 10.68%, while the S&P 500 lost 6.58%.

Investors are hoping for strength from Bluegreen Vacations Holding Corporation as it nears its next earnings release. In this report, analysts expect Bluegreen Vacations Holding Corporation to post earnings of $0.62 per share. This would mark a year-over-year growth of 31.91%. Our most recent consensus estimate calls for quarterly revenue of $203.9 million, up 34.82% from the prior year period.

Any recent changes in analyst estimates for Bluegreen Vacations Holding Corporation should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term trading trends. Therefore, we can interpret positive estimate revisions as a good sign for the company’s business outlook.

Our research shows that these estimate changes are directly correlated to short-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model that takes into account these estimation changes and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system is proven and externally audited for outperformance, with #1 stocks returning an average of +25 % per year since 1988. The Zacks Consensus EPS estimate has remained flat over the past month. Bluegreen Vacations Holding Corporation currently has a Zacks rank of #3 (Hold).

Investors should also note Bluegreen Vacations Holding Corporation’s current valuation metrics, including its forward P/E ratio of 10.54. This represents a discount to the average PER of its sector of 36.18.

The recreation and leisure services industry is part of the consumer discretionary sector. This group has a Zacks industry ranking of 109, which places it in the top 43% of over 250 industries.

The Zacks Industry Ranking assesses the strength of our industry groups by measuring the average Zacks Ranking of individual stocks within the groups. Our research shows that the top 50% of industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to track all of these stock movement metrics, and more, in future trading sessions.

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