URS Corp.

URS Corp.'s (URS - Analyst Report) share price has been on a big rally over the last few months as speculation builds that the company will benefit from brewing infrastructure plans.

A Strong Third Quarter

Much of the recent price strength has been built on the company's impressive third-quarter results, reported on Nov 5. Revenue came in at $2.59 billion, up from $1.27 billion last year. Income was up 70% to $65.8 million, ahead of analyst estimates.

Consistency Pays

It was the fourth time in the last four quarters that URS has surprised and beat analyst estimates, having done so by an average of 15 cents, or 25%. That is an impressive accomplishment in this unpredictable and volatile environment.

Analyst Estimates

The estimate picture is a little mixed. The current-year estimate has continued tick higher, up to $2.69 per share. The next-year estimate is down from last month, but remains at a very respectable $2.98, an 11% growth projection.

The Chart

Shares of URS have been on a nice rally since bottoming out in late October around $19. Since then its been a straight shot higher, with this stock more than doubling in price and recently topping off above $43. Take a look at the nice move below.

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Read the full analyst report on URS