Datalink CorporationDTLK is a Computer-Storage Devices provider 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 DTLK'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 Datalink could be a solid choice for investors.
Current Quarter Estimates for DTLK
In the past 30 days, 1 estimate has gone higher for Datalink while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 10 cents a share 30 days ago, to 13 today, a move of 30.0%.
Current Year Estimates for DTLK
Meanwhile, Datalink's current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to no lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 24 cents per share 30 days ago to 28 cents per share today, an increase of 16.7%.
Bottom Line
The stock has also started to move higher lately, adding 24.4% 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 near future.
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DATALINK CORP (DTLK): 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.
