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Is Hi-Crush Partners (HCLP) Stock a Solid Choice Right Now?

One stock that might be an intriguing choice for investors right now is Hi-Crush Partners LPHCLP .This is because this security in the Mining space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Mining space as it currently has a Zacks Industry Rank of 53 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Hi-Crush Partners is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm's prospects in both the short and long term.

HI-CRUSH PTNRS Price and Consensus

HI-CRUSH PTNRS Price and Consensus | HI-CRUSH PTNRS Quote

In fact, over the past month, current quarter estimates have narrowed from a loss of 86 cents per share to a loss of 85 cents per share. However, current year estimates have narrowed from a loss of 12 cents per share to a loss of 7 cents per share. This has helped HCLP to earn a Zacks Rank #2 (Buy), further underscoring the company's solid position.

So, if you are looking for a decent pick in a strong industry, consider Hi-Crush Partners. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

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HI-CRUSH PTNRS (HCLP): 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.