One company that should be on your radar is MAXIMUS, Inc. (MMS). The stock of this Virginia based business process service provider has seen its Zacks Rank surge over the past four weeks, moving from Hold territory to its current position as a Strong Buy.
A key reason for this move has been the positive trend in the earnings estimate revisions picture. For MMS’s full year estimate, we have seen 3 estimates go higher in the past 30 days, compared to no estimate moving lower. This trend has helped the consensus estimate to trend higher, going from $1.87 a share a month ago to its current level at $2.03.
This positive shift in estimates has made some investors take notice and buy the stock. In fact, MMS has seen some pretty solid trading lately, as the company has moved higher by 10.4% in the past month.
If Maximus can keep up this great momentum on the earnings estimate front and continue to impress analysts, we could see more gains ahead for this company, suggesting that you might want to put MMS on your watch list for the future.
Other top-ranked stocks worth considering in this space include CBIZ, Inc. (CBZ), Millennial Media Inc. (MM) and Cross Country Healthcare, Inc. (CCRN). All these carry a Zacks Rank #1 (Strong Buy).
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 >>
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment