The latest trading session saw BlackRock (BLK) ending at $958.62, denoting a +0.06% adjustment from its last day's close. The stock's change was more than the S&P 500's daily loss of 1.07%. On the other hand, the Dow registered a loss of 0.62%, and the technology-centric Nasdaq decreased by 1.71%.

Prior to today's trading, shares of the investment firm had lost 1.63% over the past month. This has was narrower than the Finance sector's loss of 3.42% and the S&P 500's loss of 7.03% in that time.

The investment community will be paying close attention to the earnings performance of BlackRock in its upcoming release. In that report, analysts expect BlackRock to post earnings of $10.84 per share. This would mark year-over-year growth of 10.5%. Meanwhile, our latest consensus estimate is calling for revenue of $5.49 billion, up 16.04% from the prior-year quarter.

For the full year, the Zacks Consensus Estimates project earnings of $47.41 per share and a revenue of $23.66 billion, demonstrating changes of +8.71% and +15.95%, respectively, from the preceding year.

Any recent changes to analyst estimates for BlackRock should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.05% lower. At present, BlackRock boasts a Zacks Rank of #3 (Hold).

From a valuation perspective, BlackRock is currently exchanging hands at a Forward P/E ratio of 20.2. This valuation marks a premium compared to its industry's average Forward P/E of 9.88.

Also, we should mention that BLK has a PEG ratio of 1.84. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Financial - Investment Management industry stood at 0.99 at the close of the market yesterday.

The Financial - Investment Management industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 139, positioning it in the bottom 45% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

Want 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

BlackRock (BLK) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research