Apptio Inc. is a cloud-based technology business management software provider that could be an interesting play for investors. That is 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 APTI’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 APTI International could be a solid choice for investors.
Current Quarter Estimates for APTI
In the past 30 days, four estimates have gone higher for Apptio while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 12 cents a share 30 days ago, to a loss of 9 cents a share today.
Current Year Estimates for APTI
Meanwhile, Apptio’s current year figures are also looking quite promising, with five estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, narrowing from 38 cents per share 30 days ago to a loss of 27 cents per share today, an increase of 19.5%.
Apptio Inc. Price and Consensus
Bottom Line
The stock has also started to move higher lately, adding 55.9% 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 #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
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Why Apptio Inc. (APTI) Could Be Positioned for a Surge
Apptio Inc. is a cloud-based technology business management software provider that could be an interesting play for investors. That is 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 APTI’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 APTI International could be a solid choice for investors.
Current Quarter Estimates for APTI
In the past 30 days, four estimates have gone higher for Apptio while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 12 cents a share 30 days ago, to a loss of 9 cents a share today.
Current Year Estimates for APTI
Meanwhile, Apptio’s current year figures are also looking quite promising, with five estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, narrowing from 38 cents per share 30 days ago to a loss of 27 cents per share today, an increase of 19.5%.
Apptio Inc. Price and Consensus
Apptio Inc. Price and Consensus | Apptio Inc. Quote
Bottom Line
The stock has also started to move higher lately, adding 55.9% 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 #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>