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Why Datalink (DTLK) Could Be Positioned for a Surge

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Datalink Corporation is an information storage architect 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 DTLK’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 Datalink could be a solid choice for investors.

Current Quarter Estimates for DTLK

In the past 30 days, 1 estimate has gone higher for Datalink while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing  from 8  cents a share 30 days ago, to 10 cents today, a move of 25%.

Current Year Estimates for DTLK

Meanwhile, Datalink’s current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 31 cents per share 30 days ago to 38 cents per share today, an increase of 22.6%.

DATALINK CORP Price and Consensus

DATALINK CORP Price and Consensus | DATALINK CORP Quote

Bottom Line

The stock has also started to move higher lately, adding 32% 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.

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