Why Headwaters (HW) Could Be Positioned for a Surge? – Tale of the Tape

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on HW 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 Headwaters could be a solid choice for investors.

Current Quarter Estimates for HW

In the past 30 days, though there has been no estimate revision, the consensus has improved from a loss of 8 cents a share 30 days ago, to a loss of 7 cents today, a move of 12.5%.

Current Year Estimates for HW

Meanwhile, Headwaters current year figures are also looking quite promising, with 2 estimates moving higher in the past month, compared to no downward revision. The consensus estimate trend has also seen a boost for this time frame, increasing from 52 cents per share 30 days ago to 66 cents per share today, a move of about 27%.

Bottom Line

The stock has also started to move higher lately, adding 11.1% 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 #2 (Buy) stock to profit in the near future.

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