Banco Santander (Brasil) S.A. BSBR, a banking company, 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 BSBR's earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames, suggesting that Banco Santander could be a solid choice for investors.
Current Quarter Estimates for BSBR
In the past 30 days there was no estimate revision for Banco Santander, while estimates increased from 10 cents a share 30 days ago, to 13 cents today, a move of 30%.
Current Year Estimates for BSBR
Meanwhile, Banco Santander's current year figures are also looking quite promising, with 1 estimate moving higher in the past month. The consensus estimate trend has also seen a boost for this time frame, increasing from 45 cents per share 30 days ago to 59 cents per share today, an increase of 31%.
Bottom Line
The stock has also started to move higher lately, adding 19% 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 #3 (Hold) stock to profit in the near future.
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BANCO SANT-ADS BSBR: Free Stock Analysis Report
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Zacks Investment Research
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Current Quarter Estimates for BSBR
In the past 30 days there was no estimate revision for Banco Santander, while estimates increased from 10 cents a share 30 days ago, to 13 cents today, a move of 30%.
Current Year Estimates for BSBR
Meanwhile, Banco Santander's current year figures are also looking quite promising, with 1 estimate moving higher in the past month. The consensus estimate trend has also seen a boost for this time frame, increasing from 45 cents per share 30 days ago to 59 cents per share today, an increase of 31%.
Bottom Line
The stock has also started to move higher lately, adding 19% 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 #3 (Hold) stock to profit in the near future.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
BANCO SANT-ADS BSBR: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
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