TravelCenters of America, Inc. is a full-service national travel center chain in the U.S. that could be an interesting play for investors because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on TA’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that TravelCenters of America could be a solid choice for investors.
Current Quarter Estimates for TA
In the past 30 days, 1 estimate has gone higher for TravelCenters of America while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 7 cents a share 30 days ago, to a loss of 5 cents today, a move of 28.6%.
Current Year Estimates for TA
Meanwhile, TravelCenters of America’s current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 5 cents per share 30 days ago to 7cents per share today, an increase of 40%.
TRAVELCENTERS Price and Consensus
Bottom Line
The stock has also started to move higher lately, adding 7.5% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #3 (Hold) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>
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Why TravelCenters of America (TA) Could Be Positioned for a Surge
TravelCenters of America, Inc. is a full-service national travel center chain in the U.S. that could be an interesting play for investors because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on TA’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that TravelCenters of America could be a solid choice for investors.
Current Quarter Estimates for TA
In the past 30 days, 1 estimate has gone higher for TravelCenters of America while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 7 cents a share 30 days ago, to a loss of 5 cents today, a move of 28.6%.
Current Year Estimates for TA
Meanwhile, TravelCenters of America’s current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 5 cents per share 30 days ago to 7cents per share today, an increase of 40%.
TRAVELCENTERS Price and Consensus
TRAVELCENTERS Price and Consensus | TRAVELCENTERS Quote
Bottom Line
The stock has also started to move higher lately, adding 7.5% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #3 (Hold) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>