ZAGG Inc is a Zacks Rank #1 (Strong Buy) and carries a growth style score of “A” which automatically puts it on my radar screen. Following the recent beat the stock rallied over $10 and now that it is the Bull of the Day, it is on your radar screen!
Previously Held
I run Stocks Under $10 for Zacks and I used to have a position in this stock. It was about two years ago that I added the stock at $7.92 on July 28, 2015. The position was sold on 12/29/15 for $11.40 -- the subscribers that followed that trade took home just short of 44%.
Description
ZAGG Inc, makes mobile tech accessories for smartphones and tablets. The company operates through ZAGG and mophie segments. It offers screen protection products; battery cases and power management products for tablets, smartphones, MP3 players, cameras, and other electronic mobile devices; device specific keyboards and device agnostic keyboards; earbuds, headphones, Bluetooth speakers, and cables under the ZAGG, InvisibleShield, IFROGZ, and mophie brands. ZAGG Inc is headquartered in Midvale, Utah.
Recent Earnings
The company reported a solid quarter at the start of the month. The company beat the top and bottom line expectations and the stock moved higher by 4.7% as a result. Revenues were $115M, $5M ahead of the expectation while EPS of $0.12 were $0.02 better than expected.
Estimates Move Higher
Back in February of this year, the Zacks Consensus Estimate was $0.53. A few beats later the number has shot higher to $0.82. That is the 2017 number and most investors are looking ahead to the 2018 number.
The 2018 number started out at $1.00 in May, that kicked higher to $1.10 in July. In early August following the most recent beat, the number has moved higher to $1.13.
This is the primary reason the stock is a Zacks Rank #1 (Strong Buy)
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Let’s face it, there is simply too much information to process on your own. Just imagine how great it would be if there was a weekly email that gave you a recap of many of the big stories in tech for the week. Pretty soon, that will be a reality so I want to invite you to get in on the action before the first issue even comes out! Sign up for our upcoming Free Tech Newsletter.
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Bull Of The Day: ZAGG Inc (ZAGG)
ZAGG Inc is a Zacks Rank #1 (Strong Buy) and carries a growth style score of “A” which automatically puts it on my radar screen. Following the recent beat the stock rallied over $10 and now that it is the Bull of the Day, it is on your radar screen!
Previously Held
I run Stocks Under $10 for Zacks and I used to have a position in this stock. It was about two years ago that I added the stock at $7.92 on July 28, 2015. The position was sold on 12/29/15 for $11.40 -- the subscribers that followed that trade took home just short of 44%.
Description
ZAGG Inc, makes mobile tech accessories for smartphones and tablets. The company operates through ZAGG and mophie segments. It offers screen protection products; battery cases and power management products for tablets, smartphones, MP3 players, cameras, and other electronic mobile devices; device specific keyboards and device agnostic keyboards; earbuds, headphones, Bluetooth speakers, and cables under the ZAGG, InvisibleShield, IFROGZ, and mophie brands. ZAGG Inc is headquartered in Midvale, Utah.
Recent Earnings
The company reported a solid quarter at the start of the month. The company beat the top and bottom line expectations and the stock moved higher by 4.7% as a result. Revenues were $115M, $5M ahead of the expectation while EPS of $0.12 were $0.02 better than expected.
Estimates Move Higher
Back in February of this year, the Zacks Consensus Estimate was $0.53. A few beats later the number has shot higher to $0.82. That is the 2017 number and most investors are looking ahead to the 2018 number.
The 2018 number started out at $1.00 in May, that kicked higher to $1.10 in July. In early August following the most recent beat, the number has moved higher to $1.13.
This is the primary reason the stock is a Zacks Rank #1 (Strong Buy)
ZAGG Inc Price and Consensus
ZAGG Inc Price and Consensus | ZAGG Inc Quote
Free Tech Newsletter
Let’s face it, there is simply too much information to process on your own. Just imagine how great it would be if there was a weekly email that gave you a recap of many of the big stories in tech for the week. Pretty soon, that will be a reality so I want to invite you to get in on the action before the first issue even comes out! Sign up for our upcoming Free Tech Newsletter.
Sign up for our upcoming Free Tech Newsletter.