Time New York: Sun 19 Nov 09:06 am  |  Save 15% on H&R Block Online

  
caticonslite_bm_alt

Why Sports International Holdings (CLUB) Could Be Positioned for a Surge

Zacks

Sports International Holdings, Inc. CLUB is fitness club owner and operator 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 CLUB’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 CLUB International could be a solid choice for investors.

Current Quarter Estimates for CLUB

In the past 30 days, one estimate has gone higher for Sports International while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from a loss of 14 cents a share 30 days ago, to a loss of 6 cents a share today, a move of 57.1%.


Current Year Estimates for CLUB

Meanwhile, Sports International’scurrent year figures are also looking quite promising, with one 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 a loss of 49 cents per share 30 days ago to a loss of 24 per share today, an increase of 51.0%.

Town Sports International Holdings, Inc. Price and Consensus

Bottom Line

The stock has also started to move higher lately, adding 21.9% 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. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>


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.

Zacks Investment Research
<-- You can share this post with your network,
or give us your opinion and leave a comment.
Be sure to check our RSS feeds for updates.

RSS Feeds to WordPress Posts