E-House (China) Holdings Limited
), a property manager, 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 EJ's earnings for the coming
quarter and year. In fact, consensus estimates have moved sharply
higher for both of these time frames, suggesting that E-House
(China) Holdings Limited could be a solid choice for investors.
Current Quarter Estimates for EJ
In the past 60 days, 1 estimate has gone higher for E-House (China)
Holdings Limited with no downward revision in the same time period.
The trend has been pretty favorable too, with estimates increasing
from 7 cents a share 60 days ago to 15 cents today, a move of
Current Year Estimates for EJ
Meanwhile, E-House (China) Holdings Limited's 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, increasing from 25 cents per share 30 days ago to 31
cents per share today, an increase of 75%.
The stock has also started to move higher lately, adding 12.4% 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
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