Hancock Holding Company was a big mover last session, as the company saw its shares rise almost 6% on the day. The upside was driven by the company’s announcement of better-than-expected earnings in the second quarter of 2016, after the market closed on Jul 20. This continues the recent uptrend for the company since Jul 5, as the stock is now up almost 17%.
In the last 30 days, the company has seen two downward estimate revisions and the Zacks Consensus Estimate also moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Hancock Holding currently carries a Zacks Rank #3 (Hold).
A better-ranked Banks-Southeast stock is Cardinal Financial Corp. , which sports a Zacks Rank #1 (Strong Buy).
Is HBHC going up? Or down? Predict to see what others think: Up or Down
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Hancock Holding Company was a big mover last session, as the company saw its shares rise almost 6% on the day. The upside was driven by the company’s announcement of better-than-expected earnings in the second quarter of 2016, after the market closed on Jul 20. This continues the recent uptrend for the company since Jul 5, as the stock is now up almost 17%.
In the last 30 days, the company has seen two downward estimate revisions and the Zacks Consensus Estimate also moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Hancock Holding currently carries a Zacks Rank #3 (Hold).
A better-ranked Banks-Southeast stock is Cardinal Financial Corp. , which sports a Zacks Rank #1 (Strong Buy).
Is HBHC going up? Or down? Predict to see what others think: Up or Down
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>