Back to top

Image: Bigstock

Community Bank System (CBU): Strong Industry, Solid Earnings Estimate Revisions

Read MoreHide Full Article

One stock that might be an intriguing choice for investors right now is Community Bank System, Inc. (CBU - Free Report) . This is because this security in the Banks – Northeast space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Banks – Northeast space as it currently has a Zacks Industry Rank of 19 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Community Bank System is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

In fact, over the past month, current quarter estimates have risen from 81 cents per share to 82 cents per share, while current year estimates have risen from earnings of $2.99 per share to $3.03 per share. The company currently carries a Zacks Rank #3 (Hold), which is also a favorable signal. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

So, if you are looking for a decent pick in a strong industry, consider Community Bank System. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

5G Revolution: 3 Stocks to Make Your Move

With super high data speed, it will make current cell phones obsolete and unlock the full potential of big data, cloud computing, and artificial intelligence. In the next few years this industry is predicted to create 22 million jobs and a stunning $12.3 trillion in revenue.

Today you have an historic chance to pursue almost unimaginable gains like Microsoft, Netflix, and Apple in their early phases. Zacks has released a Special Report that reveals our . . .

  • Smartest stock for 5G telecom
  • Safest investment in 5G hardware
  • Single best 5G buy of all!

Download now. Today the report is FREE >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Community Bank System, Inc. (CBU) - free report >>

Published in