Bill Barrett Corporation is an integrated equipment services company 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 BBG’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 BBG International could be a solid choice for investors.
Current Quarter Estimates for BBG
In the past 30 days, three estimates have gone higher for Bill Barrett compared to none lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 17 cents a share 30 days ago, to 8 cents a share today, a move of 52.9%.
Current Year Estimates for BBG
Meanwhile, Bill Barrett’scurrent year figures are also looking quite promising, with four 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 a loss of 71 cents per share 30 days ago to a loss of 52 cents per share today, an increase of 26.8%.
Bill Barrett Corporation Price and Consensus
Bottom Line
The stock has also started to move higher lately, adding 40.4% 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 Rank (Strong Buy) 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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Can Bill Barrett (BBG) Run Higher on Strong Earnings Estimate Revisions?
Bill Barrett Corporation is an integrated equipment services company 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 BBG’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 BBG International could be a solid choice for investors.
Current Quarter Estimates for BBG
In the past 30 days, three estimates have gone higher for Bill Barrett compared to none lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 17 cents a share 30 days ago, to 8 cents a share today, a move of 52.9%.
Current Year Estimates for BBG
Meanwhile, Bill Barrett’scurrent year figures are also looking quite promising, with four 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 a loss of 71 cents per share 30 days ago to a loss of 52 cents per share today, an increase of 26.8%.
Bill Barrett Corporation Price and Consensus
Bill Barrett Corporation Price and Consensus | Bill Barrett Corporation Quote
Bottom Line
The stock has also started to move higher lately, adding 40.4% 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 Rank (Strong Buy) 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 >>