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Maxwell Technologies, Inc. MXWL, provider of energy storage and power delivery products, 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 MXWL'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 Maxwell Technologies could be a solid choice for investors.
Current Quarter Estimates for MXWL
In the past 30 days, 1 estimate has gone higher for Maxwell Technologies while no downward revision in the same time period. The trend has been pretty favorable too, with estimates narrowing from 5 cents a share 30 days ago, to 1 cent today, a significant move.
Current Year Estimates for MXWL
Meanwhile, Maxwell Technologies' current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to no downward revision. The consensus estimate trend has also seen a boost for this time frame, increasing from a loss of 8 cents 30 days ago to earnings of17 cents per share today, a significant move.
Bottom Line
The stock has also started to move higher lately, adding 14.1% 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.
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 >>
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on MXWL'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 Maxwell Technologies could be a solid choice for investors.
Current Quarter Estimates for MXWL
In the past 30 days, 1 estimate has gone higher for Maxwell Technologies while no downward revision in the same time period. The trend has been pretty favorable too, with estimates narrowing from 5 cents a share 30 days ago, to 1 cent today, a significant move.
Current Year Estimates for MXWL
Meanwhile, Maxwell Technologies' current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to no downward revision. The consensus estimate trend has also seen a boost for this time frame, increasing from a loss of 8 cents 30 days ago to earnings of17 cents per share today, a significant move.
Bottom Line
The stock has also started to move higher lately, adding 14.1% 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.
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 >>
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 reportMAXWELL TECH MXWL: Free Stock Analysis Report
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