Hilltop Holdings Inc. ( HTH ) is a Texas based bank 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 HTH'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 Hilltop Holdings could be a solid choice for investors.
Current Quarter Estimates for HTH
Although in the past 30 days, the estimates has seen none upward movement compared to 1 downward movement, the trend has been favorable, with estimates increasing from 40 cents a share 30 days ago, to 44 today, a move of 10%.
Current Year Estimates for HTH
Meanwhile, Hilltop Holdings's current year figures are also looking quite promising, with 1 estimate 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 $1.71 per share 30 days ago to $2.24 per share today, an increase of 31%.
Bottom Line
The stock has also started to move higher lately, adding 6.0% 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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HILLTOP HLDGS (HTH): 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.
