Triple-S Management Corporation (GTS), in the accident and health Insurance space, 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 GTS’ earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames, suggesting that Triple-S Management could be a solid choice for investors.
Current Quarter Estimates for GTS
In the past 30 days, 2 estimates have gone higher for Triple-S Management with no downward revision. The consensus estimate trend has been pretty favorable, with estimates increasing from 20 cents per share 30 days ago to 27 cents today, a move of 35.0%.
Current Year Estimates for GTS
Meanwhile, Triple-S Management’s current year figures are also looking quite promising with 2 estimates moving higher in the past month. The consensus estimate trend has also seen a boost for this time frame, increasing from $1.13 per share 30 days ago to $1.30 today, a move of 15.0%.
Bottom Line
The stock has also started to move higher lately, adding 6.1% 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.
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