Advanced Emissions Solutions, Inc.
), a provider of environmental technologies and specialty chemicals
in pollution and treatment controls industry, 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 ADES' earnings for the coming
quarter and year. In fact, consensus estimates have moved sharply
higher for both of these time frames, suggesting that Advanced
Emissions Solutions could be a solid choice for investors.
Current Quarter Estimates for ADES
In the past 30 days, there was no estimate revision for Advanced
Emissions Solutions. However, the consensus estimate trend
has been pretty favorable, with estimates increasing from 6 cents a
share 30 days ago to 12 cents today, a move of 100.0%.
Current Year Estimates for ADES
Meanwhile, Advanced Emissions Solutions' current year figures are
also looking quite promising, with 1 estimate moving higher in the
past month, compared with no downward revision in the same time
period. The consensus estimate trend has also seen a boost for this
time frame, narrowing from a loss of 31 cents per share 30 days ago
to a loss of 25 cents per share today, an increase of 19.4%.
The stock has also started to move higher lately, adding 15.1% 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 #3 (Hold) stock to profit in the near
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ADV EMISSIONS (ADES): Free Stock Analysis
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