Rebounding businesses and strong businesses alike share a
tempered optimism as they plan future growth. Not only must
expansion be capable, it must be durable against challenges both
economic and physical. Benjamin Franklin once said, "Wise men don't
need good advice and fools won't take it." For everyone in
between, consultants are the solution.
The 20 companies which comprise the Consulting sector of the Zacks
Industry Rank list gained 15 positions last week. The
industry now holds a rank of #26 out of 260 ranked
industries. With 23 positive earnings revisions and 12
negative, upward revisions are beating the downside nearly
2-to-1. Add to this that the average positive Earnings per
Share (EPS) surprise has been +19%, and it doesn't take a sage to
see there's new strength here
Below are two companies that have proven their worth, moving last
week to a Zacks Rank #1 (Strong Buy) from a "Hold" or "Sell"
rating. They both currently hold an "Outperform" rating on
the Zacks Recommendation. This trend could give momentum to
future positive performance for these stocks in response to
upcoming earnings estimate revisions. Taking individual
performance into account when analyzing industry movement is
helpful in understanding the fundamentals of this change.
Much like Zacks, each of the following businesses seeks to provide
the best outcome for those they engage.
STN was upgraded to a Zacks Rank #1 (Strong Buy) last week from #3
Stantec Inc. provides professional consulting services in planning,
engineering, architecture, interior design, landscape architecture,
surveying and geomatics (aka providing spatial geographic
information). Aside from strong revenue numbers and key
contracts, such as the Los Angeles subway project, Stantec is also
benefitting from a recent rebranding effort which seeks to unify
and promote the company's organic growth.
STN pays a dividend of 0.96% and its last earnings surprise was
+20%. The company reports its next quarterly earnings on
February 2, 2014.
TW is a Zacks Rank #1 (Strong Buy). It moved up from a Zacks
Rank #4 (Sell) last week.
Towers Watson & Co. is a global professional services company
that helps organizations improve performance through effective
people skills training, risk monitoring, and financial management.
It offers solutions in the areas of employee benefits, talent
management, executive compensation, rewards, M&A and capital
TW's last earnings surprise was +16% and 2014 consensus EPS annual
estimates have moved higher. This company reports quarterly
earnings on February 6, 2014.
STANTEC INC (STN): Free Stock Analysis Report
TOWERS WATSON (TW): Free Stock Analysis Report
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