Medical Products manufacturer Super Micro Computer, Inc. ( SMCI ) 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. <\/p>\n
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on SMCI'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 Super Micro Computer could be a solid choice for investors. <\/p>\n
Current Quarter Estimates for SMCI <\/p>\n
In the past 30 days, two estimates have gone higher for Super Micro Computer while no downward movement of estimates was observed during the same time period. The trend has been pretty favorable too, with estimates increasing from 21 cents a share 30 days ago, to 23 cents per share today, an improvement of 9.5%. <\/p>\n
Current Year Estimates for SMCI <\/p>\n
Meanwhile, Super Micro Computer's current year figures are also looking quite promising, with 2 estimates moving higher in the past month, while none moved lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 88 cents per share 30 days ago to $1.02 per share today, an improvement of 15.9%. <\/p>\n
Bottom Line <\/p>\n
The stock has also started to move higher lately, adding 26.3% 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. <\/p>\n
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 >> <\/p>\n
SUPER MICRO COM (SMCI): Free Stock Analysis Report <\/p>\n
<\/p>\n
View original post here: <\/p>\n
Can Super Micro Computer (SMCI) Run Higher on Strong Earnings Estimate Revisions? - Tale of the Tape<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Medical Products manufacturer Super Micro Computer, Inc. ( SMCI ) 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. Continue reading