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Is Hi-Crush Partners (HCLP) Stock a Solid Choice Right Now?

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One stock that might be an intriguing choice for investors right now is Hi-Crush Partners LP .This is because this security in the Mining 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 Mining space as it currently has a Zacks Industry Rank of 53 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Hi-Crush Partners 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.

 

HI-CRUSH PTNRS Price and Consensus

HI-CRUSH PTNRS Price and Consensus | HI-CRUSH PTNRS Quote

In fact, over the past month, current quarter estimates have narrowed from a loss of 86 cents per share to a loss of 85 cents per share. However, current year estimates have narrowed from a loss of 12 cents per share to a loss of 7 cents per share.  This has helped HCLP to earn a Zacks Rank #2 (Buy), further underscoring the company’s solid position.

So, if you are looking for a decent pick in a strong industry, consider Hi-Crush Partners. 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.

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