Form-T Trades
See extended-hours trading.

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Forward P/E
This is calculated by dividing the latest closing price of the stock by the latest earnings-per-share (EPS) estimate, as provided by Zacks Investment Research. In the first three quarters of a company's fiscal year, we use the EPS estimate for the current fiscal year. Starting in the fourth quarter, we use the next fiscal year estimate. The EPS estimate is the mean estimate of EPS growth, as derived from all polled estimates from Wall Street analysts.

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Free Cash Flow
Cash not required for operations or for reinvestment. Free cash flow is calculated by subtracting capital expenditures from cash flow. Capital expenditures include the purchase of new plant, property and equipment. Free cash flow can be used to pay dividends, buy back stock or pay off debt. The more the better.

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Interest Coverage
This ratio measures a firm's ability to pay interest on its debt. It is calculated by dividing net earnings before interest and taxes by the interest expense on bonds and other contractual long-term debt. A low-coverage ratio can indicate a company is over-leveraged. A high ratio indicates a margin of safety from default.

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Inventory
The monetary value of a company's raw materials, work in process, supplies used in operations and finished goods. A company with excess inventory on its balance sheet could indicate a slow-down in sales and a lack of pricing power.

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