In the latest market close, Gladstone Commercial (GOOD) reached $14.90, with a +1.15% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.77%. Elsewhere, the Dow gained 1.42%, while the tech-heavy Nasdaq added 2.28%.

The real estate investment trust's stock has dropped by 6.3% in the past month, falling short of the Finance sector's loss of 1.46% and the S&P 500's loss of 5.73%.

The investment community will be closely monitoring the performance of Gladstone Commercial in its forthcoming earnings report. The company's upcoming EPS is projected at $0.34, signifying steadiness compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $37.49 million, up 4.96% from the year-ago period.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.41 per share and a revenue of $151.13 million, indicating changes of -0.7% and +1.17%, respectively, from the former year.

Investors should also take note of any recent adjustments to analyst estimates for Gladstone Commercial. 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.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 2.77% fall in the Zacks Consensus EPS estimate. Currently, Gladstone Commercial is carrying a Zacks Rank of #4 (Sell).

Looking at its valuation, Gladstone Commercial is holding a Forward P/E ratio of 10.48. This signifies a discount in comparison to the average Forward P/E of 11.07 for its industry.

It's also important to note that GOOD currently trades at a PEG ratio of 1.75. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the REIT and Equity Trust - Other industry had an average PEG ratio of 2.22.

The REIT and Equity Trust - Other industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 140, placing it within the bottom 45% of over 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.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

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

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