The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how online marketplace stocks fared in Q4, starting with LegalZoom (NASDAQ:LZ).
Kellanova currently trades at $82.54 per share and has shown little upside over the past six months, posting a middling return of 2.1%. However, the stock is beating the S&P 500’s 5.3% decline during that period.
MercadoLibre (NASDAQ: MELI) has surged over 25% year-to-date, defying global market weakness thanks to its diversified e-commerce and fintech ecosystem.
Over the last six months, Envista shares have sunk to $15.51, producing a disappointing 18.5% loss - worse than the S&P 500’s 8.1% drop. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Brady trades at $68.82 per share and has stayed right on track with the overall market, losing 6% over the last six months while the S&P 500 is down 6.9%. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Since April 2020, the S&P 500 has delivered a total return of 92.8%. But one standout stock has nearly doubled the market - over the past five years, Pilgrim's Pride has surged 177% to $55.20 per share. Its momentum hasn’t stopped as it’s also gained 20.4% in the last six months, beating the S&P by 27.3%.
Limbach currently trades at $84.49 per share and has shown little upside over the past six months, posting a middling return of 4.5%. However, the stock is beating the S&P 500’s 11% decline during that period.
What a brutal six months it’s been for Xerox. The stock has dropped 63.1% and now trades at $3.98, rattling many shareholders. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the online marketplace industry, including Sea (NYSE:SE) and its peers.
Deere currently trades at $461.71 and has been a dream stock for shareholders. It’s returned 255% since April 2020, nearly tripling the S&P 500’s 91.4% gain. The company has also beaten the index over the past six months as its stock price is up 12.8%.
