Here is What to Know Beyond Why ChargePoint Holdings, Inc. (CHPT) is a Trending Stock

ChargePoint Holdings, Inc. (CHPT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Over the past month, shares of this company have returned -1.6%, compared to the Zacks S&P 500 composite's 5.3% change. During this period, the Zacks Automotive - Original Equipment industry, which ChargePoint falls in, has gained 8.4%. The key question now is: What could be the stock's future direction?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Revisions to Earnings Estimates

Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. 

我们Zacks优先评估公司盈利预测的变化，而不是专注于其他任何事情。这是因为我们认为其股票的公允价值是由其未来收益流的现值决定的。

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

我们主要关注的是涵盖该股的卖方分析师如何修改其盈利预期，以反映最新商业趋势的影响。如果一家公司的盈利预期上升，其股票的公允价值也会上升。公允价值高于当前市场价格会激发投资者购买股票的兴趣，导致其价格走高。这就是为什么实证研究显示收益估计修正趋势与近期股价走势之间存在强烈相关性的原因。

For the current quarter, ChargePoint is expected to post a loss of $0.12 per share, indicating a change of 20% from the year-ago quarter. The Zacks Consensus Estimate has changed 6.6% over the last 30 days.

本季度，ChargePoint预计每股亏损0.12美元，与去年同期相比变化了20%。Zacks共识估计在过去30天里发生了6.6%的变化。

The consensus earnings estimate of -$0.34 for the current fiscal year indicates a year-over-year change of 57%. This estimate has changed 3.1% over the last 30 days.

本财年的普遍收益估计为-0.34美元，表明同比变化57%。这一估计在过去30天里发生了3.1%的变化。

For the next fiscal year, the consensus earnings estimate of -$0.05 indicates a change of 83.8% from what ChargePoint is expected to report a year ago. Over the past month, the estimate has changed 25%.

对于下一个财政年度，普遍预期的收益为-0.05美元，这表明与一年前预计的ChargePoint报告相比，收益发生了83.8%的变化。在过去的一个月里，这一估计发生了25%的变化。

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, ChargePoint is rated Zacks Rank #3 (Hold).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth Forecast

While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

虽然收益增长可以说是衡量公司财务健康状况的最优越指标，但如果一家企业的收入无法增长，就不会发生这种情况。毕竟，一家公司几乎不可能在不增加收入的情况下长期增加收入。因此，了解一家公司的潜在收入增长是很重要的。

In the case of ChargePoint, the consensus sales estimate of $106.09 million for the current quarter points to a year-over-year change of -18.4%. The $543.83 million and $666 million estimates for the current and next fiscal years indicate changes of 7.3% and 22.5%, respectively.

就ChargePoint而言，本季度1.069亿美元的普遍销售额估计与-18.4%的同比变化有关。本财政年度和下一财政年度的5.4383亿美元和6.66亿美元估计值分别变化了7.3%和22.5%。

Last Reported Results and Surprise History

ChargePoint reported revenues of $115.83 million in the last reported quarter, representing a year-over-year change of -24.2%. EPS of -$0.13 for the same period compares with -$0.13 a year ago. 同比变化24.2%。同期每股收益为-0.13美元，而去年同期为-0.13美元。

Compared to the Zacks Consensus Estimate of $126.48 million, the reported revenues represent a surprise of -8.41%. The EPS surprise was -8.33%.

与Zacks共识估计的1.2648亿美元相比，报告的收入出人意料地为-8.41%。每股收益意外为-8.33%。

Over the last four quarters, the company surpassed EPS estimates just once. The company topped consensus revenue estimates just once over this period.

在过去四个季度，该公司仅一次超过每股收益预期。在此期间，该公司仅一次收入超过普遍预期。

Valuation

Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

如果不考虑股票的估值，任何投资决策都不可能是有效的。在预测股票未来的价格表现时，至关重要的是要确定其当前价格是否正确反映了基础业务的内在价值和公司的增长前景。

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

将公司估值倍数的当前价值，如市盈率（P/E）、销售价格（P/s）和现金流价格（P/CF），与其自身的历史价值进行比较，有助于确定其股票的估值是否公允、高估或低估，而将公司与同行在这些参数上进行比较，可以很好地了解其股价的合理程度。

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Zacks Value Style Score（Zacks Style Scores系统的一部分）密切关注传统和非传统的估值指标，将股票从A到F进行评级（A比B好；B比C好；等等），它在识别股票是否被高估、正确估值或暂时低估方面非常有帮助。

ChargePoint is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ChargePoint在这方面被评为D级，表明其交易价格高于同行。单击此处查看推动该评级的一些估值指标的价值。

Conclusion

The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about ChargePoint. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

这里讨论的事实和Zacks.com上的许多其他信息可能有助于确定是否值得关注有关ChargePoint的市场传言。然而，Zacks排名第三确实表明，它可能在短期内与更广泛的市场保持一致。