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Earnings Estimates Moving Higher for Northern Tier (NTI): Time to Buy? - Tale of the Tape

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Northern Tier Energy LP ( NTI ) is an Oil Refining and Marketing MLP stock 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 NTI'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 Northern Tier could be a solid choice for investors.

Current Quarter Estimates for NTI

In the past 30 days, 1 estimate has gone higher for Northern Tier while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 55 cents a share 30 days ago, to 79 today, a move of 43.6%.

Current Year Estimates for NTI

Meanwhile, Northern Tier's current year figures are also looking quite promising, with 3 estimates 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 $3.18 per share 30 days ago to $3.57 per share today, an increase of 12.3%.

Bottom Line

The stock has also started to move higher lately, adding 13.8% 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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NORTHERN TIER (NTI): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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