Back to top

Why Jernigan Capital (JCAP) Could Be Positioned for a Surge?

Read MoreHide Full Article

Jernigan Capital, Inc. (JCAP - Free Report) is a wireless equipment 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 JCAP’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 Jernigan Capital could be a solid choice for investors.

Current Quarter Estimates for JCAP

In the past 30 days, 1 estimate have gone higher for Jernigan Capital while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 29 cents a share 30 days ago, to 35 cents today, a move of 20%.

Current Year Estimates for JCAP

Meanwhile, Jernigan Capital’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 $1.48 per share 30 days ago to $1.82 per share today, an increase of 23%.

JERNIGAN CAPITL Price and Consensus


Bottom Line

The stock has also started to move higher lately, adding 13.1% 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 #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Confidential from Zacks

Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>

In-Depth Zacks Research for the Tickers Above

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

Jernigan Capital, Inc. (JCAP) - free report >>

More from Zacks Tale of the Tape

You May Like