Fibria Celulose S.A. is a Brazil-based paper product company 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 FBR’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 Fibria Celulose could be a solid choice for investors.
Current Quarter Estimates for FBR
In the past 30 days, one estimate has gone higher for Fibria Celulose while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from a loss of 10 cents a share 30 days ago, to earnings of 7 cents today.
Current Year Estimates for FBR
Meanwhile, Fibria Celulose’s current year figures are also looking quite promising, with one 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 23 cents per share 30 days ago to 32 cents per share today, an increase of 39.1%.
Bottom Line
The stock has also started to move higher lately, adding 16.5% 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. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Surging Earnings Estimates Signal Good News for Fibria Celulose (FBR)
Fibria Celulose S.A. is a Brazil-based paper product company 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 FBR’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 Fibria Celulose could be a solid choice for investors.
Current Quarter Estimates for FBR
In the past 30 days, one estimate has gone higher for Fibria Celulose while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from a loss of 10 cents a share 30 days ago, to earnings of 7 cents today.
Current Year Estimates for FBR
Meanwhile, Fibria Celulose’s current year figures are also looking quite promising, with one 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 23 cents per share 30 days ago to 32 cents per share today, an increase of 39.1%.
Fibria Celulose S.A. Price and Consensus
Fibria Celulose S.A. Price and Consensus | Fibria Celulose S.A. Quote
Bottom Line
The stock has also started to move higher lately, adding 16.5% 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. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Sell These Stocks. Now.
Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500.
See today's Zacks "Strong Sells" absolutely free >>