One stock that might be an intriguing choice for investors right now is Atlantic Capital Bancshares, Inc. . This is because this security in the Banks - Northeast 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 Banks – Northeast space as it currently has a Zacks Industry Rank of 43 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, Atlantic Capital Bancshares 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.
Atlantic Capital Bancshares, Inc. Price and Consensus
In fact, over the past month, current quarter estimates have risen from 47 cents per share to 51 cents per share, while current year estimates have risen from $1.89 per share to $2.13 per share. The company currently carries a Zacks Rank #3 (Hold), which is also a favorable signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So, if you are looking for a decent pick in a strong industry, consider Atlantic Capital Bancshares. 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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The only question is “Will you get into the right stocks early when their growth potential is greatest?”
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Is Atlantic Capital Bancshares (ACBI) Stock a Solid Choice Right Now?
One stock that might be an intriguing choice for investors right now is Atlantic Capital Bancshares, Inc. . This is because this security in the Banks - Northeast 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 Banks – Northeast space as it currently has a Zacks Industry Rank of 43 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, Atlantic Capital Bancshares 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.
Atlantic Capital Bancshares, Inc. Price and Consensus
Atlantic Capital Bancshares, Inc. price-consensus-chart | Atlantic Capital Bancshares, Inc. Quote
In fact, over the past month, current quarter estimates have risen from 47 cents per share to 51 cents per share, while current year estimates have risen from $1.89 per share to $2.13 per share. The company currently carries a Zacks Rank #3 (Hold), which is also a favorable signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So, if you are looking for a decent pick in a strong industry, consider Atlantic Capital Bancshares. 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.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How to Profit from Trillions on Spending for Infrastructure >>