HOME ZACKS RESEARCH FUNDS PORTFOLIO BROKER RESEARCH MARKETS SCREENING EDUCATION SERVICES
Learn more
Self Investors Wanted Today

Few spots available. Master Zacks' market-tripling Stock Picking Method in your home at our cost.
Opportunity ends Saturday, Nov. 21 >>

Quote:
Login Free Membership
Search:

 
Aggressive Growth

Fuel Systems Solutions Inc.

By: Tracey Ryniec
November 09, 2009 | Comments: 0
Recommended this article (0)
Print    Share
Fuel Systems Solutions Inc. (FSYS - Snapshot Report) crushed estimates when it reported third quarter results on Nov 5.

The maker of alternative fuel components blew by the Zacks Consensus Estimate of 43 cents, reporting 77 cents per share in the quarter. It was the third consecutive earnings beat. Revenue rose 10% to $116.2 million.

The company did a record 47,000 systems installations and anticipates that demand from Europe will continue. For 2009, it expects revenue between $415 and $425 million.

Analysts have not yet revised estimates to reflect the big earnings surprise. The 2009 Zacks Consensus Estimate is currently calling for $1.68 per share. In 2010, analysts are expecting 18.56% earnings growth.

Fuel Systems is a Zacks #2 Rank (buy) stock. Earnings are expected to grow 27.33% over the next five years.

Read the Sep 14 article.

1-Year Chart:

The stock spiked off of the big earnings surprise and is now trading at new 52-week highs.

Update to Previous Aggressive Growth Zacks Rank Buy Stocks

Rogers Communications Inc. (RCI - Analyst Report) continues to top analysts' expectations and shares are surging. Read the full article.

Compellent Technologies, Inc. (CML - Snapshot Report) is at a multi-year high and fresh of an impressive earnings report. Analysts continue to revise estimates to keep up with the company's growth. Read the full article.

TeleTech Holdings, Inc. (TTEC - Snapshot Report) share are surging following the latest earnings reports and analyst estimates. Read the full article.

Odyssey HealthCare, Inc. (ODSY - Analyst Report) is surging following its third consecutive earnings surprise, this time topping forecasts by 40%. Read the full article.


Email

Print

Share

RSS

Rate Pos

Rate Neg

Comment
Read/Post Comments (0) | Recommended this article (0)
 Posting Comment...
There was a problem posting this this comment. Please try back later.
[CLICK TO CLOSE X]
Comments (Limit 1000 Characters - Used: 0)
Display Name: Email Address:  
 Loading Comments...
Be the first to comment on this article!
Best Stocks. Best Insight. Join Now...it's FREE!
Over 550,000 investors look forward to the timely insights in our email newsletter; Zacks Profit from the Pros. In each daily issue you will find:
  • Free  Four Zacks #1 Rank "Strong Buy" Stocks
  • Free  Timely Market Commentary
  • Free  Wealth Management Tips
  • Free  Profitable Strategy Screens
  • Free  Bull and Bear Stocks of the Day
Zacks FREE Registration

More Zacks Resources

Market Summary Nov 21, 2009 19:43 pm ET
DJIA 10318.16  -14.28 -0.14%
NASD 2146.04  -10.78 -0.50%
S&P 500 1091.38  -3.52 -0.32%
Sponsored Links